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NE8 2ED

NE8 2ED

Last update: Sep 2024

Postcode Overview

of NE8 2ED

NE8 2ED is a residential postcode located on Melbourne Court, Gateshead, NE8. It is the 947th largest postcode in the NE8 area.

It contains 36 flats and 13 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.

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Average property prices

in NE8 2ED

The average house value is £77,025. Sales values have increased in the last 12 months by 3.7% and Rental values have increased by 10.4%.

Property sale values range from £47,661 for a leasehold flat, with 1 bedrooms split across 312 square feet of gross internal area and has no outside space to £77,401 for a leasehold flat, with 3 bedrooms split across 926 square feet of gross internal area and has no outside space.

Average £/ft2 for properties in NE8 2ED is £84/ft2.

Properties achieve a rental yield of between 8.8% and 9.5%, and rental values range from £376 to £569 per month.

Sale value change
12 months
3.7%
Rental value change
12 months
10.4%
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Recent sales

within NE8 2ED

The last sale was 09 Jul 2021 for £75,000 and since then the market in the area has increased by 9.6%. The postcode has had a total of 2 sales since 1995.

NE8 2ED has seen 1 sale in the last three years and no sales in the last twelve months.

£75,000
Jul-2021
Sold
£60,000
Jun-2008
Sold
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Nearby postcodes

to NE8 2ED

NE8 2ED is the 947th largest and the 137th most expensive postcode out of the 1,084 postcodes in the NE8 area.

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Nearby postcodes

to NE8 2ED

NE8 2ED is the 947th largest and the 137th most expensive postcode out of the 1,084 postcodes in the NE8 area.

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Property types

in NE8 2ED

NE8 2ED is a residential postcode located on Melbourne Court, Gateshead, NE8 with 36 flats and 13 unknown within its bounds.

The most common property type in NE8 2ED is a mid-century flat built between 1936 and 1979.

modern flat (2)
mid-century flat (34)
Unknown (13)
Energy Efficiency

Energy Efficiency

of properties within NE8 2ED

The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)
E (0)
B (0)
F (0)
C (29)
G (0)
D (7)
No EPC (13)
Schools nearby

Schools nearby

to NE8 2ED

The nearest primary school to NE8 2ED is St Joseph's Catholic Primary School, Gateshead which is 700 metres away and is rated Good by Ofsted.
700 m
St Joseph's Catholic Primary School, Gateshead
Good
1.2 km
Caedmon Community Primary School
Good
1.3 km
South Street Community Primary School
Good
The nearest secondary school is North East Futures UTC which is 800 metres away and is rated RequiresImprovement by Ofsted.
800 m
North East Futures UTC
Requires improvement
1.4 km
Callerton Academy
Good
3.4 km
Kingsmeadow Community Comprehensive School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to NE8 2ED

The closest station to NE8 2ED is Newcastle station which is 900 metres away.

900 m
Newcastle
1.1 km
Manors
2.7 km
Dunston
3.4 km
Heworth
Source: National Rail
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