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Postcode Overview
of NE2 3LN
NE2 3LN is a residential postcode located on Highbury, Newcastle Upon Tyne, NE2. It is the 289th largest postcode in the NE2 area.
It contains 28 residential addresses consisting of 16 houses and 12 flats and the most common type of property is a period house built between 1800 and 1911.
Average property prices
in NE2 3LN
The average house value is £605,164. Sales values have increased in the last 12 months by 1.6% and Rental values have increased by 8.3%.
Property sale values range from £244,896 for a leasehold flat, with 2 bedrooms split across 732 square feet of gross internal area and has no outside space to £843,633 for a freehold house, with 6 bedrooms split across 3,778 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE2 3LN is £299/ft2.
Properties achieve a rental yield of between 5.4% and 6.6%, and rental values range from £1,248 to £3,769 per month.
Recent sales
within NE2 3LN
The last sale was 02 Sep 2022 for £850,000 and since then the market in the area as increased by -0.8%. The postcode has had a total of 4 sales since 1995.
NE2 3LN has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE2 3LN
NE2 3LN is the 289th largest and the 426th most expensive postcode out of the 482 postcodes in the NE2 area.
Property types
in NE2 3LN
NE2 3LN is a residential postcode located on Highbury, Newcastle Upon Tyne, NE2 with 16 houses and 12 flats within its bounds.
The most common property type in NE2 3LN is a period house built between 1800 and 1911.
Energy Efficiency
of properties within NE2 3LN
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE2 3LN
Public transport nearby
to NE2 3LN
The closest station to NE2 3LN is Manors station which is 2.7 km away.
