Housing Market Analysis for GIBSON STREET, NE1 2LF

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £109,583 median price is £105,000 Standard Deviation is £17,084 with Total Sold: 6
    • The Last 5 Year average price is £130,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 45A GIBSON STREET: £136,000 (Sold on 24 Aug 2023)
    • The first recorded sale happened at this postcode is 45A GIBSON STREET: £91,000 (Sold on 17 Aug 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 2LF 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£130,750 £1,977 2
2017£115,000 £1,976 1
2012£95,000 £1,256 1
2010£95,000 £1,251 1
2005£91,000 £1,444 1

All the Sales in the GIBSON STREET, NE1 2LF

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

AddressSold DatePrice% Change
45A GIBSON STREETFlat, LeaseholdArea: 75.61 Sq.mtrAge: 1930-194924 Aug 2023£136,00043.16%
03 Apr 2012£95,0004.40%
17 Aug 2005£91,000First Sale
51 GIBSON STREETFlat, LeaseholdArea: 58.21 Sq.mtrAge: 1900-192912 Jul 2023£125,5009.13%
19 Dec 2017£115,000First Sale
45 GIBSON STREETFlat, LeaseholdArea: 75.95 Sq.mtrAge: 1930-194930 Jul 2010£95,000First Sale

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

GIBSON STREET, NE1 2LF Near By properties

Interactive Map

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

  • Flat
    • The average price is around £153,733 median price is £145,000 Standard Deviation is £69,429 with Total Sold: 2,631
    • The Last 5 Year average price is £125,347 with Total Sold: 509
    • 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)
  • Other
    • The average price is around £3,067,441 median price is £830,000 Standard Deviation is £5,606,862 with Total Sold: 92
    • The Last 5 Year average price is £2,913,307 with Total Sold: 35
    • The most recent sale happened at this postcode is , MEDIA 4 MEDIA EXCHANGE COQUET STREET: £620,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 25 CARLIOL SQUARE: £200,000 (Sold on 12 Feb 2014)
  • Terraced
    • The average price is around £148,038 median price is £110,000 Standard Deviation is £159,998 with Total Sold: 60
    • The Last 5 Year average price is £220,300 with Total Sold: 5
    • 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 , 16 FALCONAR STREET: £50,000 (Sold on 02 Apr 1996)
  • Semi-Detached
    • The average price is around £159,125 median price is £146,250 Standard Deviation is £62,446 with Total Sold: 8
    • 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 , 17 HENRY SQUARE: £38,500 (Sold on 23 Oct 1998)
  • Detached
    • The average price is around £144,339 median price is £123,000 Standard Deviation is £74,343 with Total Sold: 19
    • The Last 5 Year average price is £390,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 158 NEW BRIDGE STREET: £390,000 (Sold on 31 Mar 2022)
    • The first recorded sale happened at this postcode is , 10 LOVE LANE: £92,000 (Sold on 17 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,438 £2,227 28
2023£149,999 £2,299 51
2022£172,859 £2,230 55
2021£155,918 £2,175 55
2020£100,231 £3,722 173
2019£109,500 £3,633 147
2018£147,281 £2,344 63
2017£154,325 £2,378 75
2016£156,541 £2,271 84
2015£151,115 £2,238 96
2014£136,493 £2,085 69
2013£130,944 £2,044 48
2012£150,904 £2,097 38
2011£122,562 £1,983 66
2010£146,788 £2,185 44
2009£163,174 £2,308 31
2008£201,031 £2,649 47
2007£194,977 £2,806 109
2006£178,011 £2,968 229
2005£169,382 £2,958 163
2004£191,200 £2,900 265
2003£185,596 £2,746 308
2002£157,737 £1,780 55
2001£144,318 £1,410 82
2000£126,933 £1,933 64
1999£100,921 £1,257 29
1998£92,519 £967 79
1997£77,885 £912 39
1996£52,128 £843 22
1995£68,029 £846 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£262,2003
2023£1,982,7979
2022£2,230,3333
2021£6,262,948 £16,523 10
2020£2,203,333 £755 3
2019£1,057,643 £2,336 7
2018£3,520,063 £1,018 16
2017£1,552,505 £774 12
2016£4,601,083 £1,914 18
2015£3,954,6005
2014£449,205 £8 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,000 £1,200 2
2023£296,5001
2022£355,0001
2020£270,000 £2,443 1
2018£192,000 £2,057 2
2017£389,250 £1,413 4
2016£168,000 £1,696 2
2015£196,790 £2,083 2
2014£133,812 £1,762 4
2011£176,500 £1,415 3
2007£90,0001
2006£176,375 £1,574 4
2004£148,312 £1,587 8
2003£116,190 £1,158 5
2002£95,500 £772 2
2001£161,333 £486 3
2000£34,1673
1999£57,667 £759 3
1998£66,167 £860 3
1997£57,500 £408 3
1996£53,667 £494 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£132,000 £2,200 1
2022£250,0001
2009£225,0001
2006£177,500 £2,681 2
2004£136,250 £1,770 2
1998£38,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£390,0001
2017£160,000 £2,078 1
2015£123,000 £1,597 1
2011£165,000 £2,339 1
2006£172,000 £2,457 1
2004£185,000 £1,364 2
2003£171,500 £2,507 2
2002£145,0001
2001£175,0001
1999£91,150 £1,197 3
1998£84,333 £1,167 3
1997£81,0001
1995£92,0001

House Type in NE1 2LF area

The most common house types in the NE1 2LF postcode area are Flat (125), Terraced (2), and Semi-detached (1).

Total128
Flat125
Terraced2
Semi-detached1
Detached0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (56), and Social rented: Other social rented (28).

Social rented: Rents from council or Local Authority56
Social rented: Other social rented28
Owned: Owns with a mortgage or loan17
Private rented: Private landlord or letting agency13
Owned: Owns outright7
Shared ownership: Shared ownership5
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE1 2LF have 1 person in household (56), and 2 people in household (34).

1 person in household56
2 people in household34
3 people in household19
4 people in household13
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0