Estate Agents active nearby!
Postcode Overview
of NE5 2QE
NE5 2QE is a residential postcode located on Ovington Grove, Newcastle Upon Tyne, NE5. It is the 1679th largest postcode in the NE5 area.
It contains 49 residential addresses consisting of 2 houses, 33 flats and 14 unknown and the most common type of property is a early-century flat built between 1912 and 1935.
Average property prices
in NE5 2QE
The average house value is £95,632. Sales values have increased in the last 12 months by 2.6% and Rental values have increased by 9.6%.
Property sale values range from £85,558 for a leasehold flat, with 2 bedrooms split across 530 square feet of gross internal area and has a garden to £193,635 for a freehold house, with 4 bedrooms split across 1,109 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE5 2QE is £141/ft2.
Properties achieve a rental yield of between 6.9% and 9%, and rental values range from £627 to £1,111 per month.
Recent sales
within NE5 2QE
The last sale was 28 Feb 2022 for £79,000 and since then the market in the area has increased by 7.3%. The postcode has had a total of 4 sales since 1995.
NE5 2QE has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE5 2QE
NE5 2QE is the 1679th largest and the 457th most expensive postcode out of the 1,843 postcodes in the NE5 area.
Nearby postcodes
to NE5 2QE
NE5 2QE is the 1679th largest and the 457th most expensive postcode out of the 1,843 postcodes in the NE5 area.
Property types
in NE5 2QE
NE5 2QE is a residential postcode located on Ovington Grove, Newcastle Upon Tyne, NE5 with 2 houses, 33 flats and 14 unknown within its bounds.
The most common property type in NE5 2QE is a early-century flat built between 1912 and 1935.
Energy Efficiency
of properties within NE5 2QE
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE5 2QE
Public transport nearby
to NE5 2QE
The closest station to NE5 2QE is MetroCentre station which is 3.2 kilometres away.
