Buying a home in NE2, Newcastle Upon Tyne. What it costs, what you get and where else to look.

Typical 3-bedroom house£415kmost £341k–£498k
Houses per m²£3,748flats £2,969
Sold last year1251,063 in five years
Prices in Newcastle upon Tyne+4.1%on a year ago

A typical 3-bedroom house in NE2 sold for £414,651 over the last five years, in today's money; most went for between £340,986 and £497,743, for about 108 m² of space. That is 78% more than the same home across Newcastle Upon Tyne (£233,000).

125 homes sold here in the last year: a steady market with homes coming up most weeks. Flats start at around £129k for one bedroom. Within the district, houses cost the least per m² in NE2 1 (£3,195) and the most in NE2 3 (£3,999).

Across Newcastle upon Tyne, prices are up 4.1% on a year ago and up 23.3% over five years. Renting a similar home there costs about £1,194 a month; a 90% mortgage on the typical price would be around £1,891 a month at 4.5% over 30 years. Lenders would typically want a household income of about £83,000 for that mortgage: what £85,000 buys.

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House prices in NE2 by bedrooms

BedroomsTypical priceMost sell forSizeSold, 5 years
1£180,603£170k–£468k61 m²9
2£197,274£180k–£222k63 m²65
3£414,651£341k–£498k108 m²131
4£524,318£464k–£675k143 m²97
5+£793,090£597k–£958k209 m²156

Prices by type of home

1 bed2 bed3 bed4 bed5+ bed
Houses£181k£197k£415k£524k£793k
Detached———£750k£1.34m
Semi-detached—£293k£471k£627k£842k
Terraced£185k£193k£401k£496k£743k
Flats£129k£200k£247k£265k£256k

Typical sale price over the last five years, adjusted to today's prices with the UK House Price Index.

Price per m² across NE2

Postcode sectorHousesFlats
NE2 1£3,195£2,715
NE2 2£3,897£3,152
NE2 3£3,999£3,155
NE2 4£3,368£3,066

Schools near NE2

Best state primary within 2 kmWest Jesmond Primary School84% met the expected standard at 11 · England 64%9 state primaries within 2 km
Best state secondary within 5 kmGosforth Academy63.4% got grade 5+ in English and maths · England 43.8%17 state secondaries within 5 km

Nearby areas

Questions about NE2

Is NE2 a good area to buy a home?

What the numbers say: a 3-bedroom house costs 78% more than across Newcastle Upon Tyne; prices in Newcastle upon Tyne are up 4.1% on a year ago; the best state primary nearby is above the England average (84% against 64%); the best secondary is above it (63.4% against 43.8%); 125 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.

How much is a 3-bedroom house in NE2?

A typical 3-bedroom house in NE2 sold for £414,651 over the last five years, in today's money. Most sold between £340,986 and £497,743.

Is NE2 expensive for Newcastle Upon Tyne?

A 3-bedroom house in NE2 costs 78% more than the typical 3-bedroom house across Newcastle Upon Tyne (£233,000).

How many homes sell in NE2 each year?

125 homes sold in the last year and 1,063 in five years: a steady market with homes coming up most weeks.

What are the schools like near NE2?

The best-performing state primary within 2 km is West Jesmond Primary School, where 84% of pupils met the expected standard at age 11 (England: 64%).

Where is cheaper near NE2?

For a 3-bedroom house, NE7 (£289k, 2 km), NE6 (£224k, 3 km), NE4 (£191k, 3 km).

Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.