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Postcode Overview
of NE5 2LY
NE5 2LY is a residential postcode located on Garthfield Crescent, Newcastle Upon Tyne, NE5. It is the 1689th largest postcode in the NE5 area.
It contains 50 residential addresses consisting of 46 houses and 4 flats and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in NE5 2LY
The average house value is £206,091. Sales values have increased in the last 12 months by 2.2% and Rental values have increased by 9.4%.
Property sale values range from £120,912 for a freehold house, with 2 bedrooms split across 388 square feet of gross internal area and has a garden to £277,279 for a freehold house, with 5 bedrooms split across 1,755 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE5 2LY is £190/ft2.
Properties achieve a rental yield of between 6.2% and 7.3%, and rental values range from £733 to £1,479 per month.
Recent sales
within NE5 2LY
The last sale was 08 Sep 2023 for £200,000 and since then the market in the area as increased by 2.1%. The postcode has had a total of 4 sales since 1995.
NE5 2LY has seen 4 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE5 2LY
NE5 2LY is the 1689th largest and the 1525th most expensive postcode out of the 1,843 postcodes in the NE5 area.
Property types
in NE5 2LY
NE5 2LY is a residential postcode located on Garthfield Crescent, Newcastle Upon Tyne, NE5 with 46 houses and 4 flats within its bounds.
The most common property type in NE5 2LY is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within NE5 2LY
The homes are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE5 2LY
Public transport nearby
to NE5 2LY
The closest station to NE5 2LY is Blaydon station which is 4.0 km away.
