Housing Market Analysis for MELBOURNE STREET, NE1 2JR

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

Overview of Sold House prices

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

Flat
- The average price is around £192,687 median price is £186,950 Standard Deviation is £58,229 with Total Sold: 102
- The Last 5 Year average price is £128,667 with Total Sold: 6
- The most recent sale happened at this postcode is APARTMENT 68, RIALTO MELBOURNE STREET: £145,000 (Sold on 27 Aug 2021)
- The first recorded sale happened at this postcode is APARTMENT 29, RIALTO MELBOURNE STREET: £170,000 (Sold on 06 Mar 2024)
Other
- The average price is around £197,000 median price is £197,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is APARTMENT 34, RIALTO MELBOURNE STREET: £197,000 (Sold on 11 Nov 2016)
- The first recorded sale happened at this postcode is APARTMENT 34, RIALTO MELBOURNE STREET: £197,000 (Sold on 11 Nov 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 2JR 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£146,500	£2,638	2
2020	£99,500	£1,280	2
2019	£110,000	£1,447	1
2018	£184,600	£2,384	5
2017	£158,925	£1,920	4
2016	£222,000	£3,845	8
2015	£145,500	£2,384	4
2014	£111,667	£2,808	3
2013	£121,500	£1,654	4
2012	£121,483	£2,755	3
2010	£154,000	£1,453	1
2009	£122,000	£2,140	1
2008	£265,500	£2,947	2
2007	£246,125	£3,088	16
2006	£204,674	£2,877	40
2005	£164,250	£2,291	4
2004	£191,000	£2,481	1
2024	£170,000	£2,329	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£197,000	£1,914	1

All the Sales in the MELBOURNE STREET, NE1 2JR

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

Address	Sold Date	Price	% Change
APARTMENT 68, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 73 Sq.mtr	27 Aug 2021	£145,000	-42.00%
	09 Jun 2016	£250,000	First Sale
APARTMENT 19, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 45 Sq.mtrAge: 2003-2006	08 Jan 2021	£148,000	-20.00%
	16 Jun 2006	£185,000	First Sale
APARTMENT 55, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 78.6 Sq.mtr	04 Nov 2020	£90,000	-27.42%
	18 Feb 2015	£124,000	12.73%
	19 Oct 2012	£110,000	-48.84%
	21 Dec 2007	£215,000	First Sale
APARTMENT 24, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 77 Sq.mtrAge: 2003-2006	02 Oct 2020	£109,000	-36.99%
	23 Dec 2005	£173,000	-9.42%
	10 Feb 2004	£191,000	First Sale
APARTMENT 6, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 76 Sq.mtrAge: 1996-2002	16 Aug 2019	£110,000	-42.41%
	23 Dec 2005	£191,000	First Sale
APARTMENT 30, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 117.6 Sq.mtrAge: 1996-2002	03 Sep 2018	£250,000	-1.96%
	31 Jan 2018	£255,000	4.08%
	13 Jun 2006	£245,000	First Sale
APARTMENT 63, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 29 Sq.mtrAge: INVALID!	24 Aug 2018	£79,000	-36.80%
	04 Mar 2016	£125,000	First Sale
APARTMENT 62, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 30 Sq.mtrAge: INVALID!	17 Jul 2018	£79,000	-36.80%
	21 Dec 2015	£125,000	First Sale
APARTMENT 26, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 114.7 Sq.mtrAge: 1996-2002	31 Jan 2018	£260,000	6.12%
	13 Jun 2006	£245,000	First Sale
APARTMENT 21, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 74.17 Sq.mtrAge: 2003-2006	15 Nov 2017	£144,200	-38.64%
	05 Jul 2006	£235,000	First Sale
APARTMENT 18, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 78 Sq.mtrAge: 1996-2002	12 Sep 2017	£140,000	8.11%
	14 Sep 2012	£129,500	-56.10%
	28 Feb 2008	£295,000	First Sale
APARTMENT 43, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 102 Sq.mtrAge: 2003-2006	26 Jun 2017	£204,000	-37.23%
	21 Sep 2007	£325,000	47.73%
	16 Jun 2006	£220,000	First Sale
APARTMENT 9, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 76 Sq.mtrAge: 2003-2006	21 Jun 2017	£147,500	3.15%
	14 Nov 2014	£143,000	-36.44%
	09 Jun 2006	£225,000	First Sale
APARTMENT 34, RIALTO MELBOURNE STREETOther, LeaseholdArea: 102.9 Sq.mtrAge: 2003-2006	11 Nov 2016	£197,000	-39.38%
	21 Sep 2007	£325,000	47.73%
	16 Jun 2006	£220,000	First Sale
APARTMENT 3, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 24 Sq.mtr	15 Jul 2016	£132,000	5.64%
	17 Aug 2012	£124,950	-43.20%
	09 Jun 2006	£220,000	First Sale
APARTMENT 31, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 95 Sq.mtrAge: 2003-2006	06 Jul 2016	£169,000	-36.23%
	11 Jun 2007	£265,000	First Sale
APARTMENT 64, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 67 Sq.mtr	23 May 2016	£275,000	First Sale
APARTMENT 67, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 73 Sq.mtr	23 May 2016	£275,000	First Sale
APARTMENT 66, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 67 Sq.mtr	23 May 2016	£275,000	First Sale
APARTMENT 65, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 73 Sq.mtr	23 May 2016	£275,000	First Sale
APARTMENT 27, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 73 Sq.mtrAge: 2003-2006	12 Aug 2015	£140,000	-52.54%
	21 Dec 2007	£295,000	First Sale
APARTMENT 36, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 102.9 Sq.mtrAge: 1996-2002	02 Feb 2015	£193,000	-24.89%
	01 Jun 2006	£256,950	First Sale
APARTMENT 61, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 36 Sq.mtrAge: 2003-2006	17 Oct 2014	£105,000	First Sale
APARTMENT 60, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 24 Sq.mtrAge: 2003-2006	12 Sep 2014	£87,000	First Sale
APARTMENT 4, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 76.68 Sq.mtrAge: 2007 onwards	27 Sep 2013	£125,000	-48.98%
	22 Jun 2007	£245,000	First Sale
APARTMENT 22, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 77.29 Sq.mtrAge: 2003-2006	13 Sep 2013	£135,000	-46.00%
	22 Jun 2007	£250,000	First Sale
APARTMENT 16, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 71 Sq.mtrAge: 2003-2006	28 Jun 2013	£125,000	-50.00%
	18 Jun 2007	£250,000	First Sale
APARTMENT 35, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 68.36 Sq.mtrAge: 2003-2006	26 Apr 2013	£101,000	-42.29%
	19 Jul 2007	£175,000	16.67%
	28 Mar 2006	£150,000	First Sale
APARTMENT 41, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 106 Sq.mtrAge: 2003-2006	31 Mar 2010	£154,000	-41.89%
	19 Jun 2007	£265,000	First Sale
APARTMENT 15, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	18 Dec 2009	£122,000	-46.96%
	22 May 2006	£230,000	First Sale
APARTMENT 47, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 111.7 Sq.mtrAge: 2003-2006	23 May 2008	£236,000	47.50%
	18 Jul 2006	£160,000	First Sale
APARTMENT 54, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	21 Dec 2007	£215,000	First Sale
APARTMENT 28, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 85.1 Sq.mtrAge: 1996-2002	21 Dec 2007	£250,000	First Sale
APARTMENT 14, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 67.3 Sq.mtrAge: 1996-2002	05 Jul 2007	£248,000	65.33%
	13 Jun 2006	£150,000	First Sale
APARTMENT 10, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 98.4 Sq.mtrAge: 2003-2006	18 Jun 2007	£165,000	First Sale
APARTMENT 29, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 73 Sq.mtrAge: 1996-2002	28 Feb 2007	£210,000	0.0
	16 Jun 2006	£210,000	23.53%
	06 Mar 2024	£170,000	First Sale
APARTMENT 45, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 67.9 Sq.mtrAge: 1996-2002	21 Feb 2007	£240,000	60.00%
	16 Jun 2006	£150,000	First Sale
APARTMENT 8, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 66.7 Sq.mtrAge: 2003-2006	07 Aug 2006	£186,950	First Sale
APARTMENT 5, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 82.3 Sq.mtrAge: 1996-2002	04 Jul 2006	£256,950	First Sale
APARTMENT 42, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 66 Sq.mtrAge: 2003-2006	16 Jun 2006	£185,000	First Sale
APARTMENT 40, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 116.2 Sq.mtrAge: 1996-2002	16 Jun 2006	£303,000	First Sale
APARTMENT 38, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 68.3 Sq.mtrAge: 1996-2002	16 Jun 2006	£185,000	First Sale
APARTMENT 13, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 67 Sq.mtrAge: 2003-2006	16 Jun 2006	£185,000	First Sale
APARTMENT 44, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 90 Sq.mtrAge: 2003-2006	16 Jun 2006	£249,000	First Sale
APARTMENT 2, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 65.6 Sq.mtrAge: 2003-2006	15 Jun 2006	£186,950	First Sale
APARTMENT 51, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 67.2 Sq.mtrAge: 1996-2002	15 Jun 2006	£185,950	First Sale
APARTMENT 33, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 68.3 Sq.mtrAge: 1996-2002	15 Jun 2006	£185,950	First Sale
APARTMENT 50, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 73 Sq.mtrAge: 2003-2006	14 Jun 2006	£185,950	First Sale
APARTMENT 53, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 66 Sq.mtrAge: 1996-2002	12 Jun 2006	£198,000	First Sale
APARTMENT 32, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 82.3 Sq.mtrAge: 1996-2002	10 Jun 2006	£229,500	First Sale
APARTMENT 20, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 54 Sq.mtrAge: 2007 onwards	09 Jun 2006	£186,950	First Sale
APARTMENT 7, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 66 Sq.mtrAge: 2003-2006	09 Jun 2006	£186,950	First Sale
APARTMENT 23, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 74 Sq.mtrAge: 1996-2002	09 Jun 2006	£229,500	First Sale
APARTMENT 11, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 73 Sq.mtrAge: 1996-2002	02 Jun 2006	£285,000	First Sale
APARTMENT 52, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 67.2 Sq.mtrAge: 1996-2002	01 Jun 2006	£198,000	First Sale
APARTMENT 17, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 92.2 Sq.mtrAge: 2003-2006	01 Jun 2006	£229,500	First Sale
APARTMENT 48, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 66 Sq.mtrAge: 2003-2006	31 May 2006	£185,950	First Sale
APARTMENT 25, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 68 Sq.mtrAge: 2003-2006	26 May 2006	£150,000	First Sale
APARTMENT 46, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 90 Sq.mtrAge: 2003-2006	26 May 2006	£220,000	First Sale
APARTMENT 49, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 68.6 Sq.mtrAge: 1996-2002	18 May 2006	£189,950	First Sale
APARTMENT 37, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 67.9 Sq.mtrAge: 2003-2006	28 Mar 2006	£150,000	First Sale
APARTMENT 39, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 67 Sq.mtrAge: 2003-2006	28 Mar 2006	£150,000	First Sale
APARTMENT 12, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 61.2 Sq.mtrAge: 2007 onwards	23 Dec 2005	£173,000	First Sale
APARTMENT 1, RIALTO MELBOURNE STREETFlat, LeaseholdArea: 76.05 Sq.mtrAge: 2003-2006	23 Dec 2005	£120,000	First Sale

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

MELBOURNE STREET, NE1 2JR Near By properties

Interactive Map

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

Flat
- The average price is around £152,108 median price is £141,000 Standard Deviation is £69,222 with Total Sold: 2,236
- The Last 5 Year average price is £120,569 with Total Sold: 469
- 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 £3,453,096 median price is £1,350,000 Standard Deviation is £6,094,347 with Total Sold: 143
- The Last 5 Year average price is £3,996,594 with Total Sold: 68
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£99,019	£3,752	167
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	£193,214	£2,807	79
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£150,000		1
2022	£390,000		1
2021	£3,200,000		1
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	£35,000		1
2004	£176,667	£1,634	3
2003	£171,500	£2,507	2
2002	£315,000		1
2001	£175,000		1
1999	£85,000	£1,197	1
1998	£104,000	£1,167	2
1997	£81,000		1
1996	£325,000		1
1995	£69,500	£797	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,242,679		5
2023	£5,837,775	£1,341,304	11
2022	£2,548,368		7
2021	£5,834,858	£16,523	16
2020	£3,474,883	£576,030	13
2019	£2,810,607	£2,708	16
2018	£5,527,032	£60,581	19
2017	£2,189,633		17
2016	£3,214,956	£19,771	21
2015	£642,500		8
2014	£847,602	£8	8
2013	£176,000		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£90,000	£1,200	2
2023	£192,750	£1,085	2
2022	£380,000		1
2020	£270,000	£2,443	1
2018	£158,500		2
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	£125,000		1
2007	£90,000		1
2006	£176,375	£1,574	4
2005	£445,000		1
2004	£149,300	£1,276	5
2003	£197,883	£1,243	9
2002	£120,333	£995	3
2001	£161,333	£486	3
2000	£34,167		3
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£132,000	£2,200	1
2022	£250,000		1
2009	£225,000		1
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	£249,500		1
1998	£552,833		3
1996	£46,500	£989	1

House Type in NE1 2JR area

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

Total	117
Flat	100
converted building	10
commercial building	4
Detached	1
Terraced	1
Shared house	1
Semi-detached	0
temporary structure	0

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 agency	95
Owned: Owns with a mortgage or loan	6
Social rented: Other social rented	5
Private rented: Other private rented	4
Owned: Owns outright	3
Social rented: Rents from council or Local Authority	3
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

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

2 people in household	41
1 person in household	39
3 people in household	26
4 people in household	11
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0