Housing Market Analysis for NE1 2QU

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 2QU Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £157,582 median price is £150,000 Standard Deviation is £74,437 with Total Sold: 2,207
      • The Last 5 Year average price is £138,057 with Total Sold: 497
      • 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 , 22 MILKMARKET: £64,000 (Sold on 17 Jan 1995)
    • Other
      • The average price is around £3,255,943 median price is £450,000 Standard Deviation is £6,433,653 with Total Sold: 83
      • The Last 5 Year average price is £2,654,703 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 , 1A JUBILEE ROAD: £369,600 (Sold on 26 Mar 2014)
    • Terraced
      • The average price is around £175,294 median price is £148,500 Standard Deviation is £145,953 with Total Sold: 82
      • The Last 5 Year average price is £250,313 with Total Sold: 9
      • 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 £157,600 median price is £142,500 Standard Deviation is £75,032 with Total Sold: 5
      • 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 £189,640 median price is £160,000 Standard Deviation is £114,746 with Total Sold: 21
      • The Last 5 Year average price is £405,000 with Total Sold: 2
      • 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£194,986 £2,239 18
    2023£157,136 £2,411 40
    2022£194,345 £2,516 50
    2021£205,796 £2,556 76
    2020£102,071 £3,769 169
    2019£112,580 £3,696 144
    2018£152,639 £2,300 52
    2017£159,900 £2,382 73
    2016£165,178 £2,300 78
    2015£170,087 £2,262 106
    2014£133,894 £2,001 47
    2013£132,614 £2,034 42
    2012£142,644 £2,176 32
    2011£119,902 £1,980 55
    2010£148,865 £2,069 36
    2009£160,208 £2,350 23
    2008£204,162 £2,590 43
    2007£197,207 £2,770 96
    2006£180,406 £2,923 197
    2005£166,854 £2,357 55
    2004£197,784 £2,848 153
    2003£185,892 £2,761 298
    2002£152,628 £1,463 47
    2001£147,108 £1,352 78
    2000£132,096 £2,017 54
    1999£108,545 £1,250 22
    1998£92,671 £819 70
    1997£78,844 £918 32
    1996£47,260 £904 10
    1995£76,727 £912 11
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£232,0205
    2023£2,189,3968
    2022£2,230,3333
    2021£7,354,604 £21,190 8
    2020£390,000 £755 3
    2019£942,688 £2,336 8
    2018£2,981,344 £1,018 12
    2017£824,644 £774 9
    2016£4,758,594 £1,914 16
    2015£9,249,6676
    2014£499,046 £8 5
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£90,000 £1,200 2
    2023£310,750 £4,012 2
    2022£355,0001
    2021£285,000 £2,591 1
    2020£270,440 £2,869 3
    2018£192,000 £2,057 2
    2017£276,132 £2,312 14
    2016£209,317 £2,261 3
    2015£234,940 £2,413 12
    2014£133,812 £1,762 4
    2011£176,500 £1,415 3
    2007£90,0001
    2006£155,833 £1,574 3
    2004£133,786 £1,587 7
    2003£102,658 £999 6
    2002£95,500 £772 2
    2001£124,125 £308 4
    2000£34,1673
    1999£44,500 £539 2
    1998£37,0001
    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
    2004£142,500 £1,583 1
    1998£38,5001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£390,0001
    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
    2011£165,000 £2,339 1
    2006£172,000 £2,457 1
    2004£185,000 £1,364 2
    2003£165,0001
    2002£145,0001
    2001£175,0001
    1999£94,2252
    1998£84,333 £1,167 3
    1997£81,0001
    1995£92,0001

    House Type in NE1 2QU area

    The most common house types in the NE1 2QU postcode area are Flat (159), Terraced (2), and Semi-detached (1).

    Total163
    Flat159
    Terraced2
    Semi-detached1
    commercial building1
    Detached0
    Shared house0
    converted 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 (109), and Private rented: Private landlord or letting agency (19).

    Social rented: Rents from council or Local Authority109
    Private rented: Private landlord or letting agency19
    Owned: Owns outright12
    Owned: Owns with a mortgage or loan11
    Social rented: Other social rented9
    Private rented: Other private rented2
    Shared ownership: Shared ownership1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE1 2QU have 1 person in household (93), and 2 people in household (53).

    1 person in household93
    2 people in household53
    3 people in household10
    4 people in household6
    6 people in household1
    0 people in household0
    5 people in household0
    7 people in household0
    8 or more people in household0