Housing Market Analysis for NE1 1LE

Are you looking to understand NE1 1LE house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Newcastle upon Tyne postcode.

For the location information and nearby amenities in the NE1 1LE area, explore the NE1 1LE Area information page.
For comprehensive crime statistics in the NE1 1LE area, explore the NE1 1LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE1 1LE postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE1 1LE house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

    Please note that this data is populated based on the sold houses data given by the Land Registry.

    All the Sales in the NE1 1LE

    See the table below for more details on the sold house prices in the NE1 1LE, Newcastle upon Tyne postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE1 1LE postcode. Properties currently for saleProperties currently for rent

    NE1 1LE Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE1 1LE postcode area

    Nearby Sold House Price Statstics

    Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE1 1LE postcode.

    • Flat
      • The average price is around £158,744 median price is £149,950 Standard Deviation is £63,351 with Total Sold: 2,837
      • The Last 5 Year average price is £154,845 with Total Sold: 371
      • The most recent sale happened at this postcode is 48, MANOR CHARE APARTMENTS MANOR CHARE: £181,000 (Sold on 10 Sep 2024)
      • The first recorded sale happened at this postcode is 5, CLARENDON HOUSE CLAYTON STREET WEST: £42,000 (Sold on 13 Jan 1995)
    • Detached
      • The average price is around £279,940 median price is £165,000 Standard Deviation is £602,386 with Total Sold: 25
      • The Last 5 Year average price is £1,216,667 with Total Sold: 3
      • The most recent sale happened at this postcode is , 54 - 56 PILGRIM STREET: £150,000 (Sold on 09 Sep 2024)
      • The first recorded sale happened at this postcode is , 10 LOVE LANE: £92,000 (Sold on 17 Feb 1995)
    • Other
      • The average price is around £1,258,878 median price is £107,608 Standard Deviation is £4,393,688 with Total Sold: 451
      • The Last 5 Year average price is £2,025,453 with Total Sold: 91
      • The most recent sale happened at this postcode is May-15, 55 DEGREES NORTH PILGRIM STREET: £168,000 (Sold on 12 Apr 2024)
      • The first recorded sale happened at this postcode is 2ND FLOOR, KELBURN HOUSE, 7 - 19 MOSLEY STREET: £52,000 (Sold on 05 Nov 2013)
    • Terraced
      • The average price is around £202,130 median price is £130,000 Standard Deviation is £172,904 with Total Sold: 51
      • The Last 5 Year average price is £179,500 with Total Sold: 2
      • The most recent sale happened at this postcode is , 23E QUEEN STREET: £89,000 (Sold on 18 Aug 2023)
      • The first recorded sale happened at this postcode is , 35 GROAT MARKET: £160,000 (Sold on 08 Feb 1995)
    • Semi-Detached
      • The average price is around £293,833 median price is £150,000 Standard Deviation is £263,871 with Total Sold: 15
      • The most recent sale happened at this postcode is , 69 CLAYTON STREET: £500,000 (Sold on 09 Jan 2009)
      • The first recorded sale happened at this postcode is , 3B QUEEN STREET: £46,500 (Sold on 19 Jan 1996)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£150,974 £2,357 40
    2023£149,297 £2,264 56
    2022£157,543 £2,294 67
    2021£167,721 £2,312 67
    2020£162,674 £2,236 55
    2019£143,118 £2,163 86
    2018£146,789 £2,288 89
    2017£167,282 £2,299 88
    2016£147,135 £2,480 106
    2015£145,558 £2,277 106
    2014£142,099 £2,154 98
    2013£129,015 £1,968 43
    2012£148,297 £2,071 39
    2011£137,879 £2,122 78
    2010£150,577 £2,118 68
    2009£174,374 £2,121 55
    2008£186,723 £2,986 161
    2007£177,201 £2,755 162
    2006£178,481 £2,648 256
    2005£170,527 £2,797 302
    2004£176,180 £2,721 238
    2003£164,050 £2,312 260
    2002£192,357 £2,498 102
    2001£100,756 £1,476 37
    2000£103,636 £1,266 29
    1999£108,551 £1,378 33
    1998£88,883 £1,099 31
    1997£61,894 £916 35
    1996£52,580 £795 29
    1995£63,393 £808 21
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£150,0001
    2023£300,0001
    2021£3,200,0001
    2011£204,500 £2,339 2
    2010£375,0001
    2008£167,5001
    2007£162,500 £1,967 2
    2006£87,333 £2,457 3
    2005£35,0001
    2004£160,000 £1,905 1
    2003£171,500 £2,507 2
    2001£217,0002
    1999£85,000 £1,197 1
    1998£104,000 £1,167 2
    1997£81,0001
    1996£325,0001
    1995£69,500 £797 2
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,898,8287
    2023£2,515,8179
    2022£1,942,99618
    2021£2,826,461 £2,311 15
    2020£1,373,774 £3,364 20
    2019£1,978,89622
    2018£3,816,106 £60,581 33
    2017£2,273,56726
    2016£510,195 £19,771 266
    2015£2,504,85321
    2014£816,677 £16,577 11
    2013£365,3333
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£89,000 £1,085 1
    2020£270,000 £2,443 1
    2018£286,0002
    2016£390,500 £2,062 2
    2011£148,250 £1,608 2
    2009£125,0001
    2008£90,000 £2,045 1
    2007£325,0001
    2006£175,500 £1,668 3
    2005£445,0001
    2004£267,7833
    2003£244,389 £1,585 9
    2002£352,500 £1,441 2
    2001£78,500 £1,065 2
    2000£345,0002
    1999£205,833 £860 6
    1998£109,690 £798 5
    1997£29,350 £667 1
    1996£55,750 £263 4
    1995£99,000 £463 2
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2009£500,0001
    2007£145,500 £1,966 1
    2006£152,667 £2,518 3
    2004£151,667 £1,912 3
    2003£111,500 £1,945 2
    2000£249,5001
    1998£776,6673
    1996£46,500 £989 1

    House Type in NE1 1LE area

    The most common house types in the NE1 1LE postcode area are Flat (64), converted building (51), and commercial building (22).

    Total148
    Flat64
    converted building51
    commercial building22
    Shared house6
    Detached2
    Terraced2
    Semi-detached1
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (94), and Social rented: Other social rented (22).

    Private rented: Private landlord or letting agency94
    Social rented: Other social rented22
    Owned: Owns outright14
    Owned: Owns with a mortgage or loan14
    Private rented: Other private rented4
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE1 1LE have 1 person in household (81), and 2 people in household (57).

    1 person in household81
    2 people in household57
    3 people in household7
    4 people in household2
    5 people in household1
    7 people in household1
    0 people in household0
    6 people in household0
    8 or more people in household0