Housing Market Analysis for NE1 2PE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE1 2PE 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 2PE

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

    AddressSold DatePrice% Change

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

    NE1 2PE Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £159,639 median price is £155,000 Standard Deviation is £72,708 with Total Sold: 1,975
      • The Last 5 Year average price is £137,156 with Total Sold: 487
      • The most recent sale happened at this postcode is 4, HIGH QUAY CITY ROAD: £171,000 (Sold on 04 Sep 2024)
      • The first recorded sale happened at this postcode is , 113 WALKER ROAD: £32,950 (Sold on 09 Mar 1995)
    • Other
      • The average price is around £8,511,801 median price is £350,000 Standard Deviation is £53,846,084 with Total Sold: 68
      • The Last 5 Year average price is £1,188,272 with Total Sold: 29
      • The most recent sale happened at this postcode is , 117 ALBION ROW: £115,550 (Sold on 21 Aug 2024)
      • The first recorded sale happened at this postcode is , 4A STEPNEY ROAD: £500,000 (Sold on 03 Nov 2014)
    • Terraced
      • The average price is around £152,442 median price is £134,975 Standard Deviation is £94,873 with Total Sold: 72
      • The Last 5 Year average price is £174,129 with Total Sold: 16
      • The most recent sale happened at this postcode is , 125 WALKER ROAD: £152,500 (Sold on 13 Jun 2024)
      • The first recorded sale happened at this postcode is , 137 WALKER ROAD: £27,000 (Sold on 26 May 1995)
    • Semi-Detached
      • The average price is around £61,812 median price is £49,125 Standard Deviation is £47,862 with Total Sold: 4
      • The Last 5 Year average price is £132,000 with Total Sold: 1
      • 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 , 51 NORFOLK ROAD: £17,000 (Sold on 07 Apr 1999)
    • Detached
      • The average price is around £230,723 median price is £160,000 Standard Deviation is £136,610 with Total Sold: 11
      • The Last 5 Year average price is £420,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 6 RIVERSIDE WALK: £420,000 (Sold on 20 Nov 2020)
      • The first recorded sale happened at this postcode is UNIT 1, OUSEBURN HOUSE, 7 - 17 LIME STREET: £45,000 (Sold on 23 Oct 1998)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£183,065 £2,235 20
    2023£156,622 £2,392 41
    2022£198,503 £2,380 47
    2021£208,613 £2,549 71
    2020£101,132 £3,801 167
    2019£111,219 £3,735 141
    2018£157,335 £2,378 42
    2017£156,678 £2,354 67
    2016£160,192 £2,150 68
    2015£171,823 £2,294 92
    2014£142,014 £1,960 32
    2013£135,674 £2,048 36
    2012£145,176 £1,943 21
    2011£135,114 £2,026 28
    2010£150,804 £2,102 35
    2009£164,483 £2,409 18
    2008£194,918 £2,648 30
    2007£175,453 £2,517 115
    2006£173,490 £2,793 203
    2005£175,452 £2,547 43
    2004£204,293 £2,926 130
    2003£188,147 £2,793 285
    2002£159,950 £1,520 34
    2001£162,575 £1,602 65
    2000£134,401 £2,095 49
    1999£101,885 £319 17
    1998£98,33052
    1997£82,17619
    1996£34,725 £666 2
    1995£30,160 £600 5
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£212,6086
    2023£2,768,7504
    2022£220,5002
    2021£2,085,622 £31,534 8
    2020£145,0002
    2019£670,464 £2,336 7
    2018£34,740,68614
    2017£651,494 £796 8
    2016£4,261,91712
    2015£279,5004
    2014£500,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£111,250 £875 2
    2023£181,850 £2,134 3
    2022£205,000 £714 2
    2021£167,672 £1,863 4
    2020£187,464 £1,994 5
    2018£175,750 £1,359 2
    2017£212,404 £2,404 12
    2016£188,238 £2,108 4
    2015£232,725 £2,387 12
    2014£85,125 £1,377 2
    2012£69,500 £869 1
    2011£90,000 £1,252 2
    2010£110,000 £1,486 1
    2009£75,000 £789 1
    2008£97,500 £981 1
    2007£70,000 £740 1
    2006£166,000 £2,812 2
    2005£82,000 £1,221 1
    2004£101,250 £1,025 2
    2003£49,000 £580 2
    2001£16,167 £193 3
    2000£27,000 £395 1
    1999£30,750 £380 2
    1998£24,000 £200 2
    1997£45,0001
    1995£27,000 £260 1
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£132,000 £2,200 1
    2009£80,000 £1,000 1
    1999£17,6252
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2020£420,000 £2,838 1
    2018£400,000 £2,703 1
    2017£160,000 £2,078 1
    2016£350,000 £2,365 1
    2015£228,000 £1,924 2
    2005£373,5001
    2002£145,0001
    1999£94,2252
    1998£45,0001

    House Type in NE1 2PE area

    The most common house types in the NE1 2PE postcode area are Flat (135), commercial building (3), and Semi-detached (1).

    Total139
    Flat135
    commercial building3
    Semi-detached1
    Detached0
    Terraced0
    Shared house0
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (78), and Owned: Owns outright (34).

    Private rented: Private landlord or letting agency78
    Owned: Owns outright34
    Owned: Owns with a mortgage or loan17
    Private rented: Other private rented7
    Social rented: Other social rented3
    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 2PE have 1 person in household (67), and 2 people in household (64).

    1 person in household67
    2 people in household64
    3 people in household8
    4 people in household2
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0