NE2 1YE is a residential postcode located on Henry Square, Newcastle Upon Tyne, NE2. It is the 300th largest postcode in the NE2 area.
It contains 30 residential addresses consisting of 2 houses, 20 flats and 8 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £122,821. Sales values have increased in the last 12 months by 1.9% and Rental values have increased by 8.3%.
Property sale values range from £117,810 for a leasehold flat, with 2 bedrooms split across 667 square feet of gross internal area and has no outside space to £172,287 for a freehold house, with 2 bedrooms split across 904 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE2 1YE is £172/ft2.
Properties achieve a rental yield of between 8.5% and 10.4%, and rental values range from £866 to £1,430 per month.
The last sale was 03 May 2019 for £140,000 and since then the market in the area has increased by 4.8%. The postcode has had a total of 4 sales since 1995.
NE2 1YE has seen no sales in the last three years and no sales in the last twelve months.
NE2 1YE is the 300th largest and the 29th most expensive postcode out of the 482 postcodes in the NE2 area.
NE2 1YE is the 300th largest and the 29th most expensive postcode out of the 482 postcodes in the NE2 area.
NE2 1YE is a residential postcode located on Henry Square, Newcastle Upon Tyne, NE2 with 2 houses, 20 flats and 8 unknown within its bounds.
The most common property type in NE2 1YE is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to NE2 1YE is Manors station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE2 1YE, 57.6% of property is socially rented and 27.2% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE2 1YE, 91.1% of residents are recorded as possessing school level qualifications and 11.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE2 1YE, the average age was 30.9 and the most common age was 22.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE2 1YE, 0.4% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE2 1YE, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.