Analysis of recent property sales -- official HM Land Registry data
The average house price in NE2 (NE2 1AA) is £222,873, based on 30 transactions recorded by HM Land Registry. The median price is £182,362, giving a price range from £95,000 to £540,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2025-12-24 | £450,000 | O | — |
| 2025-12-19 | £180,000 | O | — |
| 2025-12-19 | £135,000 | T | 167.0 m² |
| 2025-12-16 | £175,000 | F | 92.0 m² |
| 2025-12-15 | £175,000 | F | 163.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE2
Activity in NE2 over the last twelve months ran to 30 residential sales, giving a workable sample size for median-level analysis. Individual sales ranged from £95k to £540k, which is a normal spread for a postcode of this size.
Flats were the most common transaction type, representing 57% of sales, while other property types accounted for 20% and terraced houses accounted for 23%. A flats-heavy composition like this usually points to a city-centre or regeneration postcode where high-density apartment blocks have replaced or supplemented older stock.
The NE2 1AA dataset is a reasonable baseline, but decisions at the individual-property level should still lean on matched comparables rather than the area median alone. On the rental side, the estimated gross yield on a median-priced property here is around 11.8%, based on ONS regional rents.