Housing Market Analysis for NE1 3RE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 3RE Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £157,473 median price is £146,200 Standard Deviation is £59,430 with Total Sold: 3,305
      • The Last 5 Year average price is £151,370 with Total Sold: 471
      • 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 £957,889 median price is £106,253 Standard Deviation is £2,272,143 with Total Sold: 414
      • The Last 5 Year average price is £2,066,126 with Total Sold: 68
      • 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 £209,110 median price is £140,000 Standard Deviation is £176,056 with Total Sold: 36
      • The Last 5 Year average price is £179,500 with Total Sold: 2
      • 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 , 35 GROAT MARKET: £160,000 (Sold on 08 Feb 1995)
    • Detached
      • The average price is around £284,717 median price is £165,000 Standard Deviation is £627,414 with Total Sold: 23
      • The Last 5 Year average price is £3,200,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 26 MOSLEY STREET: £3,200,000 (Sold on 17 Nov 2021)
      • The first recorded sale happened at this postcode is , 10 LOVE LANE: £92,000 (Sold on 17 Feb 1995)
    • Semi-Detached
      • The average price is around £251,042 median price is £142,750 Standard Deviation is £257,375 with Total Sold: 12
      • The most recent sale happened at this postcode is , 17A QUEEN STREET: £145,500 (Sold on 09 Jul 2007)
      • The first recorded sale happened at this postcode is , 3B QUEEN STREET: £46,500 (Sold on 19 Jan 1996)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£149,781 £2,453 35
    2023£150,621 £2,319 83
    2022£151,811 £2,345 86
    2021£155,913 £2,278 90
    2020£161,396 £2,275 67
    2019£142,274 £2,199 110
    2018£148,529 £2,267 105
    2017£163,486 £2,333 105
    2016£144,671 £2,478 118
    2015£142,454 £2,282 125
    2014£138,840 £2,195 106
    2013£124,287 £2,052 56
    2012£136,477 £2,129 83
    2011£133,761 £2,051 93
    2010£148,564 £2,103 75
    2009£180,544 £2,385 94
    2008£182,643 £2,926 218
    2007£166,621 £2,688 263
    2006£173,764 £2,721 261
    2005£160,654 £2,733 386
    2004£177,092 £2,745 233
    2003£165,498 £2,330 249
    2002£199,313 £2,578 93
    2001£110,309 £1,566 29
    2000£116,864 £1,418 22
    1999£114,290 £1,402 30
    1998£99,135 £1,151 25
    1997£68,883 £998 27
    1996£57,422 £898 21
    1995£70,824 £888 17
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,152,7996
    2023£3,833,0884
    2022£2,016,689 £2,344 15
    2021£2,405,990 £2,311 10
    2020£1,571,780 £3,364 16
    2019£1,928,74817
    2018£2,978,239 £60,581 28
    2017£2,292,10025
    2016£212,778 £19,771 262
    2015£2,541,84620
    2014£961,9488
    2013£365,3333
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£89,000 £1,085 1
    2020£270,000 £2,443 1
    2018£222,0001
    2016£390,500 £2,062 2
    2011£148,250 £1,608 2
    2009£112,500 £2,174 2
    2008£90,000 £2,045 1
    2006£228,250 £1,668 2
    2005£445,0001
    2004£250,0001
    2003£277,417 £1,585 6
    2002£352,500 £1,441 2
    1999£231,200 £924 5
    1998£109,690 £798 5
    1996£65,500 £263 2
    1995£99,000 £463 2
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£3,200,0001
    2011£204,500 £2,339 2
    2010£375,0001
    2008£167,5001
    2007£162,500 £1,967 2
    2006£87,333 £2,457 3
    2005£35,0001
    2004£160,000 £1,905 1
    2003£171,500 £2,507 2
    2001£217,0002
    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: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    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 in NE1 3RE area

    The most common house types in the NE1 3RE postcode area are Flat (64), converted building (51), and commercial building (22).

    Total148
    Flat64
    converted building51
    commercial building22
    Shared house6
    Detached2
    Terraced2
    Semi-detached1
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (94), and Social rented: Other social rented (22).

    Private rented: Private landlord or letting agency94
    Social rented: Other social rented22
    Owned: Owns outright14
    Owned: Owns with a mortgage or loan14
    Private rented: Other private rented4
    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 3RE have 1 person in household (81), and 2 people in household (57).

    1 person in household81
    2 people in household57
    3 people in household7
    4 people in household2
    5 people in household1
    7 people in household1
    0 people in household0
    6 people in household0
    8 or more people in household0