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Postcode Overview
of NE5 2BG
NE5 2BG is a residential postcode located on Cornhill, Newcastle Upon Tyne, NE5. It is the 518th largest postcode in the NE5 area.
It contains 11 houses and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in NE5 2BG
The average house value is £106,198. Sales values have increased in the last 12 months by 3.9% and Rental values have increased by 11.3%.
Property sale values range from £104,441 for a freehold house, with 3 bedrooms split across 936 square feet of gross internal area and has a garden to £106,777 for a freehold house, with 3 bedrooms split across 980 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE5 2BG is £110/ft2.
Properties achieve a rental yield of between 7.6% and 7.7%, and rental values range from £668 to £675 per month.
Recent sales
within NE5 2BG
The last sale was 28 Mar 2024 for £105,000 and since then the market in the area as increased by 3.4%. The postcode has had a total of 4 sales since 1995.
NE5 2BG has seen 2 sales in the last three years and 2 sales in the last twelve months.
Nearby postcodes
to NE5 2BG
NE5 2BG is the 518th largest and the 594th most expensive postcode out of the 1,843 postcodes in the NE5 area.
Property types
in NE5 2BG
NE5 2BG is a residential postcode located on Cornhill, Newcastle Upon Tyne, NE5 with 11 houses within its bounds.
The most common property type in NE5 2BG is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within NE5 2BG
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE5 2BG
Public transport nearby
to NE5 2BG
The closest station to NE5 2BG is Blaydon station which is 3.1 km away.
