Housing Market Analysis for MILKMARKET, NE1 3DN

Are you looking to understand NE1 3DN 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 3DN area, explore the NE1 3DN Area information page.
For comprehensive crime statistics in the NE1 3DN area, explore the NE1 3DN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE1 3DN postcode area, The average prices are as follows,

Flat
- The average price is around £141,910 median price is £150,000 Standard Deviation is £49,885 with Total Sold: 56
- The Last 5 Year average price is £181,250 with Total Sold: 10
- The most recent sale happened at this postcode is 21 MILK MARKET: £185,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is 12 MILK MARKET: £250,000 (Sold on 18 Oct 2022)
Detached
- The average price is around £145,750 median price is £165,000 Standard Deviation is £37,492 with Total Sold: 4
- The most recent sale happened at this postcode is 6 MILKMARKET: £165,000 (Sold on 23 Sep 2011)
- The first recorded sale happened at this postcode is 8 MILKMARKET: £81,000 (Sold on 31 Jan 1997)
Terraced
- The average price is around £218,500 median price is £218,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 12 MILKMARKET: £218,500 (Sold on 02 Oct 2006)
- The first recorded sale happened at this postcode is 12 MILKMARKET: £218,500 (Sold on 02 Oct 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 3DN 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
2024	£185,000	£2,394	1
2023	£152,000	£2,155	1
2022	£194,000	£2,356	3
2021	£166,500	£1,823	2
2020	£187,500	£2,467	1
2019	£186,500	£2,538	2
2018	£188,333	£2,009	3
2017	£149,750	£1,898	2
2016	£157,500	£2,134	1
2015	£200,000	£1,527	1
2014	£164,017	£2,322	3
2013	£155,000	£1,627	1
2010	£175,500	£2,330	1
2007	£185,833	£2,687	3
2006	£175,833	£2,424	3
2004	£160,750	£2,237	2
2003	£185,000	£2,507	1
2002	£167,238	£2,063	4
2001	£130,000	£1,757	1
2000	£111,333	£1,613	3
1999	£105,000	£1,392	2
1998	£94,500	£1,224	2
1997	£72,790	£1,118	5
1996	£56,500	£913	2
1995	£81,583	£979	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2011	£165,000	£2,339	1
2006	£172,000	£2,457	1
2003	£165,000		1
1997	£81,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£218,500	£1,668	1

All the Sales in the MILKMARKET, NE1 3DN

See the table below for more details on the sold house prices in the NE1 3DN, Newcastle upon Tyne postcode.

Address	Sold Date	Price	% Change
21 MILK MARKETFlat, LeaseholdArea: 77.28 Sq.mtrAge: 1991-1995	28 Mar 2024	£185,000	8.82%
	29 Mar 2018	£170,000	First Sale
6 MILK MARKETFlat, LeaseholdArea: 70.54 Sq.mtrAge: before 1900	16 Jun 2023	£152,000	First Sale
1 MILK MARKETFlat, LeaseholdArea: 53.878 Sq.mtrAge: 1996-2002	09 May 2022	£132,000	-0.19%
	07 Nov 2014	£132,250	First Sale
14 MILK MARKETFlat, LeaseholdArea: 73.8 Sq.mtrAge: before 1900	18 Feb 2022	£200,000	-4.76%
	30 May 2014	£210,000	First Sale
11 MILK MARKETFlat, LeaseholdArea: 95.25 Sq.mtrAge: before 1900	30 Jul 2021	£183,000	18.06%
	23 Aug 2013	£155,000	First Sale
19 MILK MARKETFlat, LeaseholdArea: 87 Sq.mtrAge: 1900-1929	26 May 2021	£150,000	8.70%
19 MILK MARKETFlat, LeaseholdArea: 87 Sq.mtrAge: 1900-1929	30 May 2017	£138,000	First Sale
18 MILK MARKETFlat, LeaseholdArea: 76 Sq.mtrAge: 1996-2002	23 Oct 2020	£187,500	First Sale
13 MILK MARKETFlat, LeaseholdArea: 73.8 Sq.mtrAge: before 1900	16 Aug 2019	£225,000	42.86%
	26 Aug 2016	£157,500	First Sale
2 MILK MARKETFlat, LeaseholdArea: 73 Sq.mtrAge: before 1900	05 Jul 2019	£148,000	First Sale
12 MILK MARKETFlat, LeaseholdArea: 131 Sq.mtrAge: before 1900	06 Jul 2018	£228,000	14.00%
	03 Jun 2015	£200,000	-20.00%
	18 Oct 2022	£250,000	First Sale
4 MILK MARKETFlat, LeaseholdArea: 80 Sq.mtrAge: 2007 onwards	09 Mar 2018	£167,000	First Sale
10 MILK MARKETFlat, LeaseholdArea: 73.1 Sq.mtrAge: 1996-2002	31 Jul 2017	£161,500	First Sale
7 MILK MARKETFlat, LeaseholdArea: 90 Sq.mtrAge: 1900-1929	27 Feb 2014	£149,800	First Sale
6 MILKMARKETDetached, LeaseholdArea: 70.54 Sq.mtrAge: before 1900	23 Sep 2011	£165,000	-4.07%
	05 Jun 2006	£172,000	First Sale
17 MILKMARKETFlat, LeaseholdArea: 75.32 Sq.mtrAge: 1991-1995	02 Jul 2010	£175,500	-2.50%
	30 Nov 2007	£180,000	71.43%
	26 Aug 1999	£105,000	34.62%
	15 Sep 1995	£78,000	First Sale
5 MILKMARKETFlat, Leasehold	05 Oct 2007	£177,500	First Sale
22 MILKMARKETFlat, LeaseholdArea: 67 Sq.mtrAge: 1991-1995	09 Mar 2007	£200,000	174.16%
	04 Jul 1997	£72,950	13.98%
	17 Jan 1995	£64,000	First Sale
3 MILKMARKETFlat, Leasehold	10 Nov 2006	£150,000	130.77%
3 MILKMARKETFlat, Leasehold	21 Mar 1997	£65,000	First Sale
12 MILKMARKETTerraced, LeaseholdArea: 131 Sq.mtrAge: before 1900	02 Oct 2006	£218,500	22.07%
	28 Jun 2002	£179,000	First Sale
18 MILKMARKETFlat, LeaseholdArea: 76 Sq.mtrAge: 1996-2002	21 Jul 2006	£195,000	44.44%
	27 Oct 2000	£135,000	62.65%
	10 Mar 1995	£83,000	First Sale
4 MILKMARKETFlat, LeaseholdArea: 80 Sq.mtrAge: 2007 onwards	12 May 2006	£182,500	100.55%
4 MILKMARKETFlat, LeaseholdArea: 80 Sq.mtrAge: 2007 onwards	24 Nov 1997	£91,000	First Sale
11 MILKMARKETFlat, LeaseholdArea: 95.25 Sq.mtrAge: before 1900	30 Jul 2004	£178,500	98.33%
	26 Aug 1998	£90,000	First Sale
23 MILKMARKETFlat, LeaseholdArea: 55 Sq.mtrAge: 1900-1929	15 Jan 2004	£143,000	120.00%
	30 Sep 1997	£65,000	38.30%
	30 Apr 1996	£47,000	First Sale
13 MILKMARKETFlat, LeaseholdArea: 73.8 Sq.mtrAge: before 1900	26 Sep 2003	£185,000	8.86%
	29 Apr 2002	£169,950	First Sale
8 MILKMARKETDetached, Leasehold	03 Mar 2003	£165,000	103.70%
8 MILKMARKETDetached, Leasehold	31 Jan 1997	£81,000	First Sale
2 MILKMARKETFlat, LeaseholdArea: 65.88 Sq.mtrAge: before 1900	27 May 2002	£155,000	19.23%
	19 Apr 2000	£130,000	31.31%
	03 Aug 1998	£99,000	41.43%
	04 Jul 1997	£70,000	First Sale
14 MILKMARKETFlat, LeaseholdArea: 74 Sq.mtrAge: 1991-1995	05 Apr 2002	£165,000	26.92%
14 MILKMARKETFlat, LeaseholdArea: 74 Sq.mtrAge: 1991-1995	31 Jul 2001	£130,000	First Sale
1 MILKMARKETFlat, LeaseholdArea: 53.878 Sq.mtrAge: 1996-2002	03 May 2000	£69,000	First Sale
9 MILKMARKETFlat, LeaseholdArea: 75.5 Sq.mtrAge: 1983-1990	30 Apr 1999	£105,000	First Sale
21 MILKMARKETFlat, LeaseholdArea: 68 Sq.mtrAge: 1983-1990	23 Aug 1996	£66,000	First Sale
19 MILKMARKETFlat, LeaseholdArea: 87 Sq.mtrAge: 1900-1929	19 May 1995	£70,500	First Sale
16 MILKMARKETFlat, Leasehold	01 May 1995	£120,000	First Sale
15 MILKMARKETFlat, LeaseholdArea: 74 Sq.mtrAge: 1976-1982	31 Mar 1995	£74,000	First Sale

Check out the sold house prices near the NE1 3DN postcode. Properties currently for saleProperties currently for rent

MILKMARKET, NE1 3DN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE1 3DN 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 3DN postcode.

Flat
- The average price is around £154,131 median price is £145,000 Standard Deviation is £65,023 with Total Sold: 2,539
- The Last 5 Year average price is £121,691 with Total Sold: 505
- 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 £2,489,639 median price is £1,053,424 Standard Deviation is £4,798,885 with Total Sold: 112
- The Last 5 Year average price is £2,823,619 with Total Sold: 44
- 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)
Semi-Detached
- The average price is around £228,625 median price is £142,750 Standard Deviation is £230,066 with Total Sold: 16
- 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)
Terraced
- The average price is around £198,553 median price is £120,000 Standard Deviation is £223,029 with Total Sold: 43
- The Last 5 Year average price is £218,500 with Total Sold: 3
- The most recent sale happened at this postcode is , 23E QUEEN STREET: £89,000 (Sold on 18 Aug 2023)
- The first recorded sale happened at this postcode is , 23E QUEEN STREET: £38,000 (Sold on 27 Oct 1995)
Detached
- The average price is around £285,804 median price is £160,000 Standard Deviation is £626,492 with Total Sold: 23
- The Last 5 Year average price is £1,795,000 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£166,802	£2,339	29
2023	£149,189	£2,320	48
2022	£162,774	£2,283	49
2021	£151,347	£2,179	47
2020	£100,675	£3,619	179
2019	£106,835	£3,540	153
2018	£152,388	£2,318	65
2017	£159,393	£2,272	67
2016	£154,557	£2,358	69
2015	£144,386	£2,272	96
2014	£132,770	£2,146	71
2013	£127,045	£1,952	42
2012	£147,665	£2,074	34
2011	£119,877	£1,980	55
2010	£149,289	£2,166	37
2009	£167,415	£2,240	30
2008	£185,709	£2,691	38
2007	£179,906	£2,686	118
2006	£180,077	£2,722	188
2005	£166,257	£2,816	200
2004	£186,713	£2,825	280
2003	£180,183	£2,614	456
2002	£141,089	£2,037	33
2001	£97,181	£1,605	16
2000	£101,206	£1,347	24
1999	£107,248	£1,335	27
1998	£92,849	£1,151	24
1997	£72,154	£998	25
1996	£56,628	£885	22
1995	£70,824	£888	17

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£203,650		4
2023	£2,112,907		7
2022	£2,996,250		4
2021	£6,051,623	£16,523	12
2020	£1,447,500	£755	6
2019	£1,394,983	£2,708	11
2018	£3,860,436	£60,581	19
2017	£2,103,251		15
2016	£2,147,458	£19,771	19
2015	£637,143		7
2014	£681,600		6
2013	£176,000		2

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	£135,000	£1,924	2
2003	£111,500	£1,945	2
2000	£249,500		1
1998	£552,833		3
1996	£46,500	£989	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£192,750	£1,085	2
2020	£270,000	£2,443	1
2017	£660,000	£1,519	2
2016	£295,333	£1,696	3
2015	£144,580	£1,902	1
2014	£142,250	£1,735	1
2011	£206,500	£1,608	3
2007	£90,000		1
2006	£177,167	£1,394	3
2005	£445,000		1
2004	£185,000		3
2003	£265,500	£1,233	4
2002	£107,000	£982	2
2001	£155,000		1
2000	£37,500		2
1999	£221,400	£831	5
1998	£82,817	£798	3
1997	£45,000		1
1996	£68,000	£263	3
1995	£38,000	£463	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£390,000		1
2021	£3,200,000		1
2017	£160,000	£2,078	1
2015	£123,000	£1,597	1
2011	£165,000	£2,339	1
2008	£167,500		1
2007	£162,500	£1,967	2
2006	£121,000	£2,457	2
2005	£35,000		1
2004	£205,000	£1,905	2
2003	£171,500	£2,507	2
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 in NE1 3DN area

The most common house types in the NE1 3DN postcode area are Flat (65), converted building (43), and commercial building (10).

Total	122
Flat	65
converted building	43
commercial building	10
Shared house	2
Semi-detached	1
temporary structure	1
Detached	0
Terraced	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (55), and Owned: Owns with a mortgage or loan (36).

Private rented: Private landlord or letting agency	55
Owned: Owns with a mortgage or loan	36
Owned: Owns outright	19
Private rented: Other private rented	6
Social rented: Other social rented	5
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NE1 3DN have 1 person in household (62), and 2 people in household (51).

1 person in household	62
2 people in household	51
3 people in household	4
4 people in household	2
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0