NE5 2QA is a residential postcode located on Ovington Grove, Newcastle Upon Tyne, NE5. It is the 1726th largest postcode in the NE5 area.
It contains 54 residential addresses consisting of 14 houses, 24 flats and 16 unknown and the most common type of property is a early-century flat built between 1912 and 1935.
The average house value is £108,728. Sales values have increased in the last 12 months by 2.5% and Rental values have increased by 9.6%.
Property sale values range from £87,700 for a leasehold flat, with 2 bedrooms split across 587 square feet of gross internal area and has no outside space to £206,952 for a freehold house, with 4 bedrooms split across 1,410 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE5 2QA is £156/ft2.
Properties achieve a rental yield of between 6.7% and 8.6%, and rental values range from £626 to £1,161 per month.
The last sale was 10 Jun 2024 for £150,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 4 sales since 1995.
NE5 2QA has seen 4 sales in the last three years and 4 sales in the last twelve months.
NE5 2QA is the 1726th largest and the 623rd most expensive postcode out of the 1,843 postcodes in the NE5 area.
NE5 2QA is the 1726th largest and the 623rd most expensive postcode out of the 1,843 postcodes in the NE5 area.
NE5 2QA is a residential postcode located on Ovington Grove, Newcastle Upon Tyne, NE5 with 14 houses, 24 flats and 16 unknown within its bounds.
The most common property type in NE5 2QA is a early-century flat built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to NE5 2QA is MetroCentre station which is 2.7 kilometres 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 NE5 2QA, 33.6% of property is privately owned outright and 33.6% is privately owned with a mortgage.
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 NE5 2QA, 22.1% of residents are recorded as possessing school level qualifications and 34.7% 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 NE5 2QA, the average age was 38.5 and the most common age was 32.
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 NE5 2QA, 0.3% 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 NE5 2QA, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.