Housing Market Analysis for MELBOURNE STREET, NE1 2JQ

Are you looking to understand NE1 2JQ 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 2JQ area, explore the NE1 2JQ Area information page.
For comprehensive crime statistics in the NE1 2JQ area, explore the NE1 2JQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE1 2JQ postcode area, The average prices are as follows,

  • Other
    • The average price is around £1,620,000 median price is £1,620,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is MELBOURNE HOUSE MELBOURNE STREET: £1,620,000 (Sold on 24 Oct 2014)
    • The first recorded sale happened at this postcode is MELBOURNE HOUSE MELBOURNE STREET: £1,620,000 (Sold on 24 Oct 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 2JQ 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.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£1,620,0001

All the Sales in the MELBOURNE STREET, NE1 2JQ

See the table below for more details on the sold house prices in the NE1 2JQ, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
MELBOURNE HOUSE MELBOURNE STREETOther, Freehold24 Oct 2014£1,620,000First Sale

Check out the sold house prices near the NE1 2JQ postcode. Properties currently for saleProperties currently for rent

MELBOURNE STREET, NE1 2JQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE1 2JQ 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 2JQ postcode.

  • Flat
    • The average price is around £152,174 median price is £141,000 Standard Deviation is £69,217 with Total Sold: 2,234
    • The Last 5 Year average price is £120,656 with Total Sold: 468
    • 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 , 22 MILKMARKET: £64,000 (Sold on 17 Jan 1995)
  • Detached
    • The average price is around £290,173 median price is £165,000 Standard Deviation is £600,011 with Total Sold: 25
    • The Last 5 Year average price is £1,246,667 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 £3,148,899 median price is £1,500,000 Standard Deviation is £5,364,962 with Total Sold: 143
    • The Last 5 Year average price is £3,229,896 with Total Sold: 65
    • 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 £166,551 median price is £110,000 Standard Deviation is £183,024 with Total Sold: 73
    • The Last 5 Year average price is £202,583 with Total Sold: 6
    • The most recent sale happened at this postcode is , 30 COPLAND TERRACE: £90,000 (Sold on 04 Apr 2024)
    • The first recorded sale happened at this postcode is , 23E QUEEN STREET: £38,000 (Sold on 27 Oct 1995)
  • Semi-Detached
    • The average price is around £223,559 median price is £142,500 Standard Deviation is £224,115 with Total Sold: 17
    • The Last 5 Year average price is £191,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 37 RED BARNS: £132,000 (Sold on 29 Sep 2023)
    • 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£154,045 £2,371 28
2023£153,528 £2,369 37
2022£165,540 £2,306 44
2021£159,939 £2,149 44
2020£99,134 £3,766 166
2019£105,341 £3,600 149
2018£154,070 £2,332 57
2017£158,493 £2,267 61
2016£152,049 £2,290 66
2015£143,899 £2,276 91
2014£131,604 £2,114 70
2013£130,548 £1,959 40
2012£145,960 £2,055 34
2011£117,020 £1,931 51
2010£153,669 £2,185 30
2009£165,741 £2,197 27
2008£184,099 £2,578 35
2007£194,730 £2,829 78
2006£188,293 £2,899 131
2005£166,026 £2,900 169
2004£177,628 £2,795 196
2003£183,042 £2,609 411
2002£196,042 £1,839 47
2001£89,994 £1,486 18
2000£91,618 £1,170 25
1999£101,110 £1,244 29
1998£88,804 £1,011 29
1997£66,898 £889 28
1996£53,430 £825 24
1995£66,895 £833 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2022£390,0001
2021£3,200,0001
2017£160,000 £2,078 1
2015£123,000 £1,597 1
2011£219,443 £2,339 3
2007£165,000 £1,557 1
2006£172,000 £2,457 1
2005£35,0001
2004£176,667 £1,634 3
2003£171,500 £2,507 2
2002£315,0001
2001£175,0001
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£1,242,6795
2023£3,207,8179
2022£2,548,3687
2021£5,834,858 £16,523 16
2020£1,557,790 £755 12
2019£2,810,607 £2,708 16
2018£6,215,680 £60,581 20
2017£2,312,42316
2016£2,625,704 £19,771 20
2015£1,615,83312
2014£847,602 £8 8
2013£176,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,000 £1,200 2
2023£192,750 £1,085 2
2022£380,0001
2020£270,000 £2,443 1
2018£158,5002
2017£389,250 £1,413 4
2016£295,333 £1,696 3
2015£144,580 £1,902 1
2014£133,812 £1,762 4
2011£182,375 £1,415 4
2009£125,0001
2007£90,0001
2006£176,375 £1,574 4
2005£445,0001
2004£149,300 £1,276 5
2003£197,883 £1,243 9
2002£120,333 £995 3
2001£161,333 £486 3
2000£34,1673
1999£190,833 £731 6
1998£71,362 £798 4
1997£57,500 £408 3
1996£58,400 £378 5
1995£38,000 £463 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£132,000 £2,200 1
2022£250,0001
2009£225,0001
2007£145,500 £1,966 1
2006£152,667 £2,518 3
2004£137,500 £1,810 3
2003£111,500 £1,945 2
2000£249,5001
1998£552,8333
1996£46,500 £989 1

House Type in NE1 2JQ area

The most common house types in the NE1 2JQ postcode area are Flat (100), converted building (10), and commercial building (4).

Total117
Flat100
converted building10
commercial building4
Detached1
Terraced1
Shared house1
Semi-detached0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (95), and Owned: Owns with a mortgage or loan (6).

Private rented: Private landlord or letting agency95
Owned: Owns with a mortgage or loan6
Social rented: Other social rented5
Private rented: Other private rented4
Owned: Owns outright3
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE1 2JQ have 2 people in household (41), and 1 person in household (39).

2 people in household41
1 person in household39
3 people in household26
4 people in household11
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0