Housing Market Analysis for CLOSE, NE1 3RJ

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £164,672 median price is £155,000 Standard Deviation is £53,176 with Total Sold: 69
    • The Last 5 Year average price is £171,125 with Total Sold: 8
    • The most recent sale happened at this postcode is APARTMENT 1, 62 CLOSE: £110,000 (Sold on 23 Aug 2023)
    • The first recorded sale happened at this postcode is APARTMENT 7, 58 CLOSE: £148,000 (Sold on 19 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 3RJ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£112,500 £2,438 2
2020£273,500 £3,651 2
2019£149,667 £2,019 3
2018£137,333 £2,513 3
2017£163,667 £2,486 3
2016£252,500 £3,051 2
2015£138,990 £2,577 5
2014£141,090 £2,613 5
2012£180,000 £2,324 1
2011£134,750 £2,246 4
2010£133,125 £1,870 4
2008£300,0001
2007£183,800 £3,311 10
2006£165,022 £2,821 23
2024£148,0001

All the Sales in the CLOSE, NE1 3RJ

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

AddressSold DatePrice% Change
APARTMENT 1, 62 CLOSEFlat, LeaseholdArea: 92 Sq.mtrAge: 2003-200623 Aug 2023£110,000-33.33%
15 Feb 2019£165,000-7.82%
20 Dec 2006£179,000First Sale
APARTMENT 2, 62 CLOSEFlat, LeaseholdArea: 31.24 Sq.mtrAge: 2007 onwards24 May 2023£115,0000.0
22 Dec 2006£115,000First Sale
APARTMENT 17, 62 CLOSEFlat, LeaseholdArea: 74 Sq.mtrAge: 2003-200615 Dec 2020£297,000-4.19%
12 Feb 2007£310,000First Sale
APARTMENT 23, 58 CLOSEFlat, LeaseholdArea: 76 Sq.mtrAge: 2007 onwards06 Apr 2020£250,0002.04%
10 Sep 2014£245,00026.29%
08 Dec 2006£194,000First Sale
APARTMENT 19, 58 CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 2007 onwards27 Sep 2019£124,000-22.48%
22 May 2015£159,950-23.83%
19 Apr 2007£210,000First Sale
APARTMENT 17, 58 CLOSEFlat, LeaseholdArea: 74 Sq.mtrAge: 2003-200610 May 2019£160,000-36.00%
16 Feb 2007£250,00035.14%
08 Dec 2006£185,000First Sale
APARTMENT 25, 58 CLOSEFlat, LeaseholdArea: 95 Sq.mtr26 Oct 2018£160,000-21.95%
03 Jul 2015£205,00043.36%
07 Feb 2014£143,000First Sale
APARTMENT 7, 58 CLOSEFlat, LeaseholdArea: 58.02 Sq.mtrAge: 2003-200610 Jul 2018£137,000-11.61%
07 Dec 2006£155,0004.73%
19 Aug 2024£148,000First Sale
APARTMENT 8, 62 CLOSEFlat, LeaseholdArea: 32.92 Sq.mtrAge: 2007 onwards19 Feb 2018£115,000-17.86%
20 Dec 2006£140,000First Sale
APARTMENT 16, 62 CLOSEFlat, LeaseholdArea: 67.98 Sq.mtrAge: 2003-200625 Aug 2017£185,00019.35%
07 Nov 2011£155,000First Sale
APARTMENT 4, 62 CLOSEFlat, LeaseholdArea: 72.38 Sq.mtrAge: 2003-200617 Aug 2017£155,0000.0
19 Apr 2011£155,000-11.43%
05 May 2010£175,000First Sale
APARTMENT 12, 58 CLOSEFlat, LeaseholdArea: 58.2 Sq.mtrAge: 2003-200625 May 2017£151,000-12.46%
08 Dec 2006£172,500First Sale
APARTMENT 21, 58 CLOSEFlat, LeaseholdArea: 87 Sq.mtrAge: 2003-200629 Apr 2016£295,000-1.67%
28 Jan 2008£300,00020.00%
08 Dec 2006£250,000First Sale
APARTMENT 11, 58 CLOSEFlat, LeaseholdArea: 77.45 Sq.mtrAge: 2003-200629 Jan 2016£210,00016.67%
23 Mar 2012£180,000-6.49%
08 Dec 2006£192,500First Sale
APARTMENT 5, 62 CLOSEFlat, LeaseholdArea: 33.57 Sq.mtrAge: 2003-200629 Oct 2015£110,000-8.33%
21 Dec 2006£120,000First Sale
APARTMENT 3, 58 CLOSEFlat, LeaseholdArea: 64.9 Sq.mtrAge: 2003-200627 Mar 2015£111,000First Sale
APARTMENT 2, 58 CLOSEFlat, LeaseholdArea: 36 Sq.mtrAge: 2003-200613 Mar 2015£109,0003.81%
07 Dec 2006£105,000First Sale
APARTMENT 24, 58 CLOSEFlat, LeaseholdArea: 53 Sq.mtr07 Nov 2014£110,000First Sale
APARTMENT 5, 58 CLOSEFlat, LeaseholdArea: 28.91 Sq.mtrAge: 2003-200613 Aug 2014£104,950-17.04%
29 Jun 2007£126,50015.00%
07 Dec 2006£110,000First Sale
APARTMENT 16, 58 CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 2003-200625 Apr 2014£102,500-8.48%
08 Dec 2006£112,000First Sale
APARTMENT 7, 62 CLOSEFlat, LeaseholdArea: 67 Sq.mtrAge: 2007-201119 Oct 2011£145,000First Sale
APARTMENT 11, 62 CLOSEFlat, LeaseholdArea: 35 Sq.mtrAge: 2003-200622 Jun 2011£84,000-43.05%
05 Jan 2007£147,500First Sale
APARTMENT 18, 62 CLOSEFlat, LeaseholdArea: 69.33 Sq.mtrAge: 2003-200628 May 2010£125,000First Sale
APARTMENT 9, 62 CLOSEFlat, LeaseholdArea: 70.14 Sq.mtrAge: 2003-200605 May 2010£107,500First Sale
APARTMENT 10, 62 CLOSEFlat, LeaseholdArea: 72.37 Sq.mtrAge: 2003-200605 May 2010£125,000First Sale
APARTMENT 10, 58 CLOSEFlat, Leasehold03 May 2007£140,00027.27%
07 Dec 2006£110,000First Sale
APARTMENT 6, 62 CLOSEFlat, Leasehold20 Apr 2007£184,000First Sale
APARTMENT 14, 62 CLOSEFlat, Leasehold02 Feb 2007£250,000First Sale
APARTMENT 4, 58 CLOSEFlat, Leasehold02 Feb 2007£110,000First Sale
APARTMENT 1, 58 CLOSEFlat, Leasehold19 Jan 2007£110,000First Sale
APARTMENT 12, 62 CLOSEFlat, Leasehold22 Dec 2006£215,000First Sale
APARTMENT 22, 58 CLOSEFlat, Leasehold12 Dec 2006£199,000First Sale
APARTMENT 8, 58 CLOSEFlat, Leasehold12 Dec 2006£155,000First Sale
APARTMENT 9, 58 CLOSEFlat, Leasehold11 Dec 2006£172,000First Sale
APARTMENT 20, 58 CLOSEFlat, Leasehold08 Dec 2006£197,500First Sale
APARTMENT 18, 58 CLOSEFlat, Leasehold08 Dec 2006£187,500First Sale
APARTMENT 15, 58 CLOSEFlat, Leasehold08 Dec 2006£192,500First Sale
APARTMENT 14, 58 CLOSEFlat, Leasehold08 Dec 2006£165,000First Sale
APARTMENT 6, 58 CLOSEFlat, Leasehold07 Dec 2006£172,000First Sale

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

CLOSE, NE1 3RJ Near By properties

Interactive Map

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

  • Flat
    • The average price is around £153,939 median price is £148,000 Standard Deviation is £57,179 with Total Sold: 3,131
    • The Last 5 Year average price is £152,165 with Total Sold: 523
    • 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 5, CLARENDON HOUSE CLAYTON STREET WEST: £42,000 (Sold on 13 Jan 1995)
  • Detached
    • The average price is around £369,094 median price is £166,250 Standard Deviation is £737,334 with Total Sold: 16
    • The Last 5 Year average price is £1,216,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 54 - 56 PILGRIM STREET: £150,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 3, 27A SANDHILL: £47,000 (Sold on 14 Jul 1995)
  • Other
    • The average price is around £886,682 median price is £106,253 Standard Deviation is £2,179,789 with Total Sold: 407
    • The Last 5 Year average price is £1,816,463 with Total Sold: 71
    • 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 £215,895 median price is £147,500 Standard Deviation is £176,515 with Total Sold: 46
    • The Last 5 Year average price is £209,667 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 , 35 GROAT MARKET: £160,000 (Sold on 08 Feb 1995)
  • Semi-Detached
    • The average price is around £291,731 median price is £145,500 Standard Deviation is £260,691 with Total Sold: 13
    • The most recent sale happened at this postcode is , 69 CLAYTON STREET: £500,000 (Sold on 09 Jan 2009)
    • 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£152,799 £2,549 48
2023£149,675 £2,321 95
2022£152,559 £2,336 99
2021£156,951 £2,308 90
2020£163,582 £2,317 73
2019£142,866 £2,212 118
2018£148,923 £2,249 137
2017£161,986 £2,350 104
2016£143,846 £2,357 166
2015£140,918 £2,272 106
2014£144,868 £2,155 142
2013£120,970 £2,025 46
2012£133,860 £2,074 77
2011£145,380 £2,046 68
2010£150,175 £2,044 68
2009£181,650 £2,382 87
2008£180,905 £2,939 204
2007£157,142 £2,613 239
2006£170,034 £2,575 218
2005£160,733 £2,614 295
2004£181,479 £2,745 158
2003£162,648 £2,311 246
2002£168,183 £2,537 76
2001£101,177 £1,429 32
2000£94,997 £1,176 32
1999£106,348 £1,328 28
1998£68,452 £970 21
1997£53,392 £806 24
1996£47,769 £666 22
1995£46,188 £638 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£300,0001
2021£3,200,0001
2011£244,0001
2010£375,0001
2008£167,5001
2007£162,500 £1,967 2
2006£45,0002
2004£160,000 £1,905 1
2003£178,000 £2,507 1
2001£259,0001
1999£85,000 £1,197 1
1996£325,0001
1995£47,000 £797 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,358,3595
2023£891,2504
2022£2,096,452 £2,344 14
2021£2,632,656 £3,216 9
2020£1,471,749 £3,364 18
2019£1,622,68621
2018£2,900,877 £60,581 26
2017£2,028,23322
2016£202,716 £37,628 256
2015£2,464,37721
2014£890,431 £26,871 8
2013£365,3333
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£89,000 £1,085 1
2021£270,0001
2020£270,000 £2,443 1
2018£350,0001
2016£390,500 £2,062 2
2011£200,0001
2009£112,500 £2,174 2
2008£90,000 £2,045 1
2007£325,0001
2006£238,0001
2005£445,0001
2004£267,7833
2003£251,188 £1,585 8
2002£352,500 £1,441 2
2000£300,0003
1999£231,200 £924 5
1998£109,690 £798 5
1997£29,350 £667 1
1996£74,625 £263 4
1995£99,000 £463 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£500,0001
2007£145,500 £1,966 1
2006£126,500 £2,224 2
2004£135,000 £1,924 2
2003£111,500 £1,945 2
2000£249,5001
1998£701,6673
1996£46,500 £989 1

House Type in NE1 3RJ area

The most common house types in the NE1 3RJ postcode area are Flat (130), converted building (3), and Detached (1).

Total136
Flat130
converted building3
Detached1
Terraced1
commercial building1
Semi-detached0
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (99), and Owned: Owns with a mortgage or loan (18).

Private rented: Private landlord or letting agency99
Owned: Owns with a mortgage or loan18
Owned: Owns outright7
Private rented: Other private rented6
Social rented: Other social rented4
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE1 3RJ have 1 person in household (70), and 2 people in household (60).

1 person in household70
2 people in household60
3 people in household5
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