# NE3 1LL Area Summary
NE3 1LL covers a section of Gosforth, one of Newcastle upon Tyne's most established and sought-after northern suburbs. This postcode sits within an area known for its excellent transport links, green spaces, and strong local amenities. Gosforth has long been popular with families and professionals due to its village-like atmosphere whilst remaining just a short distance from Newcastle city centre, accessible via the Metro system and main road networks.
The average property price of **£47,912** across 71 properties is notably low and suggests this area is predominantly composed of **leasehold flats** rather than houses, likely a mix of purpose-built apartment blocks or converted properties. This price point is significantly below typical Gosforth house values, which usually exceed £250,000-£300,000, indicating the housing stock in this specific postcode is heavily weighted towards smaller flats or apartments, potentially including student accommodation or starter properties.
The area benefits from Gosforth's excellent schools, the nearby High Street with its independent shops and cafés, and proximity to Town Moor and Gosforth Central Park. This makes it particularly attractive to first-time buyers, young professionals, and investors seeking rental properties in a well-connected, established neighbourhood with strong community infrastructure.
The average house price in NE3 1LL, Newcastle Upon Tyne is £47,912. Prices range from £27,000 to £95,000.
There are 71 properties in NE3 1LL, Newcastle Upon Tyne.
NE3 1LL contains 70 flat / maisonette properties, 1 detached properties.
Average house prices in NE3 1LL have risen by 40.4% from £39,575 in 1995 to £55,571 in 2024.
NE3 1LL is located in Newcastle Upon Tyne, Tyne And Wear, England.