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Postcode Overview
of NE2 4RR
NE2 4RR is a residential postcode located on Brandling Park, Newcastle Upon Tyne, NE2. It is the 242nd largest postcode in the NE2 area.
It contains 22 residential addresses consisting of 18 houses and 4 flats and the most common type of property is a period house built between 1800 and 1911.
Average property prices
in NE2 4RR
The average house value is £980,687. Sales values have increased in the last 12 months by 1.3% and Rental values have increased by 7.9%.
Property sale values range from £293,282 for a leasehold flat, with 3 bedrooms split across 902 square feet of gross internal area and has no outside space to £1,029,616 for a freehold house, with 6 bedrooms split across 2,982 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE2 4RR is £360/ft2.
Properties achieve a rental yield of between 3.5% and 6%, and rental values range from £1,349 to £2,984 per month.
Recent sales
within NE2 4RR
The last sale was 15 Aug 2023 for £850,000 and since then the market in the area as increased by 1.8%. The postcode has had a total of 4 sales since 1995.
NE2 4RR has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE2 4RR
NE2 4RR is the 242nd largest and the 476th most expensive postcode out of the 482 postcodes in the NE2 area.
Property types
in NE2 4RR
NE2 4RR is a residential postcode located on Brandling Park, Newcastle Upon Tyne, NE2 with 18 houses and 4 flats within its bounds.
The most common property type in NE2 4RR is a period house built between 1800 and 1911.
Energy Efficiency
of properties within NE2 4RR
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being E.
Schools nearby
to NE2 4RR
Public transport nearby
to NE2 4RR
The closest station to NE2 4RR is Manors station which is 1.4 km away.
