Housing Market Analysis for NE1 3LA

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE1 3LA 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 3LA

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

    AddressSold DatePrice% Change

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

    NE1 3LA Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £159,955 median price is £150,000 Standard Deviation is £66,397 with Total Sold: 2,896
      • The Last 5 Year average price is £129,265 with Total Sold: 543
      • The most recent sale happened at this postcode is 08-May, 55 DEGREES NORTH PILGRIM STREET: £120,000 (Sold on 09 Aug 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 £2,682,701 median price is £1,172,500 Standard Deviation is £4,797,764 with Total Sold: 136
      • The Last 5 Year average price is £3,007,641 with Total Sold: 56
      • 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 £199,968 median price is £150,000 Standard Deviation is £174,013 with Total Sold: 33
      • 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)
    • Semi-Detached
      • The average price is around £249,107 median price is £147,750 Standard Deviation is £238,377 with Total Sold: 14
      • The Last 5 Year average price is £250,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 180 NEW BRIDGE STREET: £250,000 (Sold on 11 May 2022)
      • The first recorded sale happened at this postcode is , 3B QUEEN STREET: £46,500 (Sold on 19 Jan 1996)
    • Detached
      • The average price is around £300,413 median price is £165,000 Standard Deviation is £625,188 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
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£169,510 £2,339 24
    2023£154,577 £2,380 59
    2022£172,983 £2,419 62
    2021£161,968 £2,310 53
    2020£107,316 £3,643 183
    2019£111,447 £3,483 162
    2018£161,376 £2,382 75
    2017£167,004 £2,390 81
    2016£161,832 £2,435 82
    2015£150,974 £2,352 106
    2014£142,885 £2,215 86
    2013£133,681 £2,033 45
    2012£154,651 £2,144 37
    2011£139,129 £2,098 66
    2010£153,817 £2,133 60
    2009£171,045 £2,285 32
    2008£195,630 £2,766 42
    2007£179,571 £2,809 167
    2006£182,273 £2,744 223
    2005£172,550 £2,848 275
    2004£187,716 £2,829 287
    2003£181,052 £2,619 461
    2002£177,956 £2,714 65
    2001£109,474 £1,662 21
    2000£113,760 £1,397 25
    1999£114,290 £1,402 30
    1998£92,849 £1,151 24
    1997£72,154 £998 25
    1996£57,422 £898 21
    1995£70,824 £888 17
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,552,9484
    2023£2,112,9077
    2022£3,332,8886
    2021£5,207,102 £14,000 17
    2020£1,100,134 £2,059 11
    2019£2,436,929 £2,708 11
    2018£4,414,695 £60,581 22
    2017£1,948,98917
    2016£2,114,085 £19,771 20
    2015£1,495,38513
    2014£681,6006
    2013£176,0002
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£192,750 £1,085 2
    2020£270,000 £2,443 1
    2016£390,500 £2,062 2
    2011£206,500 £1,608 3
    2007£90,0001
    2006£228,250 £1,668 2
    2005£445,0001
    2004£185,0003
    2003£273,750 £1,585 4
    2002£170,000 £1,441 1
    2001£155,0001
    2000£30,0001
    1999£264,000 £924 4
    1998£82,817 £798 3
    1996£68,000 £263 3
    1995£38,000 £463 1
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£250,0001
    2009£225,0001
    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£249,5001
    1998£810,0002
    1996£46,500 £989 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£390,0001
    2021£3,200,0001
    2011£204,500 £2,339 2
    2010£375,0001
    2008£167,5001
    2007£162,500 £1,967 2
    2006£121,000 £2,457 2
    2005£35,0001
    2004£205,000 £1,905 2
    2003£171,500 £2,507 2
    2001£175,0001
    1999£85,000 £1,197 1
    1998£104,000 £1,167 2
    1997£81,0001
    1996£325,0001
    1995£69,500 £797 2

    House Type in NE1 3LA area

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

    Total122
    Flat65
    converted building43
    commercial building10
    Shared house2
    Semi-detached1
    temporary structure1
    Detached0
    Terraced0

    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 agency55
    Owned: Owns with a mortgage or loan36
    Owned: Owns outright19
    Private rented: Other private rented6
    Social rented: Other social rented5
    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 3LA have 1 person in household (62), and 2 people in household (51).

    1 person in household62
    2 people in household51
    3 people in household4
    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