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Postcode Overview
of NE2 1TL
NE2 1TL is a residential postcode located on Clayton Road, Newcastle Upon Tyne, NE2. It is the 330th largest postcode in the NE2 area.
It contains 34 residential addresses consisting of 13 houses and 21 flats and the most common type of property is a modern flat built after 1980.
Average property prices
in NE2 1TL
The average house value is £425,557. Sales values have increased in the last 12 months by 3.2% and Rental values have increased by 10.0%.
Property sale values range from £277,167 for a leasehold flat, with 2 bedrooms split across 781 square feet of gross internal area and has a balcony to £3,542,358 for a freehold house, with 6 bedrooms split across 8,213 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE2 1TL is £384/ft2.
Properties achieve a rental yield of between 2.9% and 5.5%, and rental values range from £1,274 to £8,589 per month.
Recent sales
within NE2 1TL
The last sale was 29 May 2024 for £1,250,000 and since then the market in the area as increased by -0.2%. The postcode has had a total of 4 sales since 1995.
NE2 1TL has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to NE2 1TL
NE2 1TL is the 330th largest and the 354th most expensive postcode out of the 482 postcodes in the NE2 area.
Property types
in NE2 1TL
NE2 1TL is a residential postcode located on Clayton Road, Newcastle Upon Tyne, NE2 with 13 houses and 21 flats within its bounds.
The most common property type in NE2 1TL is a modern flat built after 1980.
Energy Efficiency
of properties within NE2 1TL
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to NE2 1TL
Public transport nearby
to NE2 1TL
The closest station to NE2 1TL is Manors station which is 1.4 km away.
