marketcodeSold price per m²
£3,192/m² 12 months to Mar 2026
195 sales
+2.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Postcode district
NE2 property market
Sold £3,192/m² · Median sold £350,133 (195 sales) · Index +2.1% y/y · Turnover 1.4% · 12 months, sales to Mar 2026, listings to Aug 2026
What is NE2?
- Buildings
- 5,727
- Mixed-use buildings
- 2.6%
- HMO-shaped units
- 6.4%
What does NE2 cost?
NE2: sold price per m² £3,192/m² (12 months to Mar 2026, 195 sales). +2.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sold price
£350,133 12 months to Mar 2026
195 sales
+2.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£250,642 12 months to Aug 2026
613 listings
-9.6% on the previous 12 months.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does NE2 earn?
NE2: asking rent £1,796 a month (12 months to Jul 2026, 4,087 lets).
Asking rent
£1,796 a month 12 months to Jul 2026
4,087 lets
Gross yield, asking basis
7.9% 12 months to Aug 2026
5,881 lets
+9.8% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
How does NE2 vary by home size?
Asking price in NE2 runs from £157,048 for 1 bedroom to £697,319 for 5+ bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £157,048 | 12 months to Jul 2026 | — | 83 |
| 2 bedrooms | £205,596 | 12 months to Aug 2026 | +2.5% on the previous 12 months | 285 |
| 3 bedrooms | £299,158 | 12 months to Aug 2026 | +8.7% on the previous 12 months | 119 |
| 4 bedrooms | £541,548 | 12 months to Aug 2026 | — | 84 |
| 5+ bedrooms | £697,319 | 12 months to Aug 2026 | +4% on the previous 12 months | 112 |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is NE2?
NE2: turnover 1.4% (12 months to Nov 2025, 200 sales). +5.8% on the previous 12 months.
Turnover
1.4% 12 months to Nov 2025
200 sales
+5.8% on the previous 12 months.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
351 12 months to Jan 2026
351 sales
+5.4% on the previous 12 months.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
409 12 months to Jul 2026
409 listings
Who is active in NE2?
21 agents listed homes for sale in NE2; the three largest took 47% of the listings.
- Agents active
- 21
- Top three agents’ share
- 47%
- New homes among listings
- 0.0%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns NE2?
Corporate landlords hold 84% of the 698 units in NE2 whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords84% of classified · 587 units
- Individuals (not traceable in bulk)12% of classified · 85 units
- RMC2.4% of classified · 17 units
- Housing associations1.3% of classified · 9 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does NE2 rank?
NE2 ranks 1st of 8 postcode districts in Newcastle upon Tyne for sold price per m², at £3,192/m².
Sold price per m² · postcode districts in Newcastle upon Tyne
NE2 ranks 1st of 8 postcode districts in Newcastle upon Tyne for sold price per m², at £3,192/m².
| # | Area | Sold price per m² | Sample | Tier |
|---|---|---|---|---|
| 1 | NE2 | £3,192/m² | 195 | measured |
| 2 | NE3 | £2,850/m² | 610 | measured |
| 3 | NE7 | £2,776/m² | 155 | measured |
| 4 | NE13 | £2,737/m² | 289 | measured |
| 5 | NE1 | £2,390/m² | 98 | measured |
Full table: sold price per m² across postcode districts in Newcastle upon Tyne →
Gross yield, asking basis · postcode districts in Newcastle upon Tyne
NE2 ranks 2nd of 8 postcode districts in Newcastle upon Tyne for gross yield, asking basis, at 7.9%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | NE1 | 8.1% | 8,874 | measured |
| 2 | NE2 | 7.9% | 5,881 | measured |
| 3 | NE6 | 7.6% | 1,919 | measured |
| 4 | NE4 | 6.3% | 4,440 | measured |
| 5 | NE5 | 5.6% | 426 | measured |
Full table: gross yield, asking basis across postcode districts in Newcastle upon Tyne →
Turnover · postcode districts in Newcastle upon Tyne
NE2 ranks 6th of 8 postcode districts in Newcastle upon Tyne for turnover, at 1.4%.
| # | Area | Turnover | Sample | Tier |
|---|---|---|---|---|
| 1 | NE13 | 3.2% | 343 | measured |
| 2 | NE7 | 2.7% | 184 | measured |
| 3 | NE3 | 2.7% | 672 | measured |
| 4 | NE5 | 2.4% | 584 | measured |
| 5 | NE6 | 1.6% | 404 | measured |
| 6 | NE2 | 1.4% | 200 | measured |
Full table: turnover across postcode districts in Newcastle upon Tyne →
Where next from NE2?
- Newcastle upon TyneThe wider market this area sits in.
- NE1Neighbouring postcode district · £2,554/m²
- NE13Neighbouring postcode district · £2,913/m²
- NE3Neighbouring postcode district · £2,648/m²
- NE4Neighbouring postcode district · £2,364/m²
- NE5Neighbouring postcode district · £2,024/m²
- NE6Neighbouring postcode district · £1,949/m²
- NE7Neighbouring postcode district · £2,788/m²
- NE8Next door, in another authority · £1,729/m²
- NE12Next door, in another authority · £3,141/m²
- NE15Next door, in another authority · £2,308/m²
- NE10Next door, in another authority · £2,819/m²
- NE28Next door, in another authority · £2,298/m²
Questions about NE2
- What is the median house price in NE2?
- Homes in NE2 sold for a median £350,133 over the 12 months to Mar 2026, 195 sales. Per square metre that is £3,192/m². Registered completions, not asking prices.
- How have house prices in NE2 changed?
- +2.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
- What is the average rent in NE2?
- Homes to let in NE2 asked a median £1,796 a month over the 12 months to Jul 2026, 4,087 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in NE2?
- 7.9% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 5,881 lets. +9.8% on the previous 12 months.
- How quickly do homes sell in NE2?
- 1.4% of the homes in NE2 changed hands over the 12 months to Nov 2025, 200 sales.
Everything else about NE2
- Properties in NE2Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in NE2Footprints, heights and the units inside them.
- Land and plots in NE2Registered parcels with their area, tenure and what stands on them.
- Homes for sale in NE2What is on the market right now, with the evidence beside each asking price.
- Homes to rent in NE2What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in NE2Registered completions from Price Paid, newest first.
- Planning applications in NE2What was proposed, who decided it and whether it was approved.
- Estate agents active in NE2Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Mar 2026 | Mar 2026 | 195 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Mar 2026 | Mar 2026 | 195 sales |
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 613 listings |
| Asking price per m² | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 409 listings |
| Asking to sold | Portal listings, monthly rollup | 12 months to Mar 2023 | Mar 2023 | 70 matched sales |
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 4,087 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 5,881 lets |
| Turnover | MarketCode market evidence | 12 months to Nov 2025 | Nov 2025 | 200 sales |
| Completed sales | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 351 sales |
| Listings for sale | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 409 listings |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 495 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 118 listings |
| Live listings | MarketCode market evidence | on 20 Sep 2026 | 20 Sep 2026 | — |
| Days to completion | first listing to registered completion, over the registry-matched subset; not a sell-through rate | 12 months to Mar 2023 | Mar 2023 | 70 matched sales |
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.