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Postcode Overview
of NE2 1RL
NE2 1RL is a residential postcode located on Kelvin Grove, Newcastle Upon Tyne, NE2. It is the 453rd largest postcode in the NE2 area.
It contains 72 residential addresses consisting of 2 houses, 64 flats and 6 unknown and the most common type of property is a period flat built between 1800 and 1911.
Average property prices
in NE2 1RL
The average house value is £149,403. Sales values have increased in the last 12 months by 2.6% and Rental values have increased by 9.0%.
Property sale values range from £133,173 for a leasehold flat, with 2 bedrooms split across 560 square feet of gross internal area and has a garden to £351,845 for a freehold house, with 4 bedrooms split across 1,287 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE2 1RL is £207/ft2.
Properties achieve a rental yield of between 7.5% and 9.5%, and rental values range from £1,050 to £2,503 per month.
Recent sales
within NE2 1RL
The last sale was 04 Jun 2021 for £135,000 and since then the market in the area has increased by 10.8%. The postcode has had a total of 4 sales since 1995.
NE2 1RL has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE2 1RL
NE2 1RL is the 453rd largest and the 79th most expensive postcode out of the 482 postcodes in the NE2 area.
Nearby postcodes
to NE2 1RL
NE2 1RL is the 453rd largest and the 79th most expensive postcode out of the 482 postcodes in the NE2 area.
Property types
in NE2 1RL
NE2 1RL is a residential postcode located on Kelvin Grove, Newcastle Upon Tyne, NE2 with 2 houses, 64 flats and 6 unknown within its bounds.
The most common property type in NE2 1RL is a period flat built between 1800 and 1911.
Energy Efficiency
of properties within NE2 1RL
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE2 1RL
Public transport nearby
to NE2 1RL
The closest station to NE2 1RL is Manors station which is 1.2 kilometres away.
