Housing Market Analysis for GALLOWGATE, NE1 4BF

Are you looking to understand NE1 4BF 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 4BF area, explore the NE1 4BF Area information page.
For comprehensive crime statistics in the NE1 4BF area, explore the NE1 4BF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE1 4BF postcode area, The average prices are as follows,

  • Other
    • The average price is around £6,326,105 median price is £294,710 Standard Deviation is £10,597,157 with Total Sold: 4
    • The Last 5 Year average price is £294,710 with Total Sold: 2
    • The most recent sale happened at this postcode is TIME CENTRAL, 32 GALLOWGATE: £294,710 (Sold on 31 Jan 2023)
    • The first recorded sale happened at this postcode is TIME CENTRAL, 32 GALLOWGATE: £24,680,000 (Sold on 21 Nov 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 4BF 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£294,7102
2015£35,0001
2013£24,680,0001

All the Sales in the GALLOWGATE, NE1 4BF

See the table below for more details on the sold house prices in the NE1 4BF, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
TIME CENTRAL, 32 GALLOWGATEOther, Leasehold31 Jan 2023£294,7100.0
31 Jan 2023£294,710742.03%
02 Apr 2015£35,000-99.86%
21 Nov 2013£24,680,000First Sale

Check out the sold house prices near the NE1 4BF postcode. Properties currently for saleProperties currently for rent

GALLOWGATE, NE1 4BF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE1 4BF 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 4BF postcode.

  • Detached
    • The average price is around £150,253 median price is £135,000 Standard Deviation is £90,594 with Total Sold: 29
    • The Last 5 Year average price is £188,667 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 , NEWCASTLE CORK SUPPLY CO LTD, 13 BARRACK ROAD: £75,000 (Sold on 07 Apr 1995)
  • Flat
    • The average price is around £133,805 median price is £127,500 Standard Deviation is £70,110 with Total Sold: 1,978
    • The Last 5 Year average price is £165,459 with Total Sold: 340
    • The most recent sale happened at this postcode is FLAT 18, 38 LOW FRIAR STREET: £125,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is 5, CLARENDON HOUSE CLAYTON STREET WEST: £42,000 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £1,924,116 median price is £107,958 Standard Deviation is £6,346,332 with Total Sold: 466
    • The Last 5 Year average price is £3,773,353 with Total Sold: 116
    • The most recent sale happened at this postcode is , STRAWBERRY BUILDINGS LEAZES PARK ROAD: £5,725,160 (Sold on 09 Jul 2024)
    • The first recorded sale happened at this postcode is , CITY TEMPLE, 146 WESTGATE ROAD: £310,000 (Sold on 03 Oct 2013)
  • Terraced
    • The average price is around £195,164 median price is £148,750 Standard Deviation is £176,982 with Total Sold: 170
    • The Last 5 Year average price is £319,444 with Total Sold: 18
    • The most recent sale happened at this postcode is , 2 LEAZES CRESCENT: £375,000 (Sold on 28 Mar 2024)
    • 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 £164,601 median price is £137,475 Standard Deviation is £128,732 with Total Sold: 34
    • The Last 5 Year average price is £202,317 with Total Sold: 3
    • The most recent sale happened at this postcode is , 46 PINK LANE: £185,000 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is , 46 PINK LANE: £51,500 (Sold on 17 Dec 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£300,0001
2020£116,000 £1,365 1
2017£139,333 £2,560 3
2016£315,000 £3,182 1
2014£105,000 £1,750 1
2011£177,000 £2,505 2
2009£250,0001
2008£77,5001
2006£37,5002
2005£150,000 £1,765 1
2004£289,4382
2003£146,833 £2,071 6
2002£64,975 £1,482 2
2001£259,0001
2000£83,000 £1,596 1
1995£57,5002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£152,198 £2,473 27
2023£132,966 £2,338 43
2022£156,361 £2,424 68
2021£193,349 £2,314 99
2020£190,565 £2,127 47
2019£137,472 £2,316 56
2018£140,798 £2,303 55
2017£144,943 £2,453 72
2016£134,209 £2,197 79
2015£136,724 £2,295 45
2014£143,110 £2,173 56
2013£132,841 £2,119 32
2012£113,403 £2,067 28
2011£119,666 £2,205 32
2010£137,387 £2,088 34
2009£142,164 £2,096 33
2008£156,423 £2,381 30
2007£158,665 £2,528 75
2006£162,775 £2,553 147
2005£161,095 £2,473 105
2004£170,958 £2,499 142
2003£136,121 £2,185 136
2002£136,562 £1,835 167
2001£78,271 £1,273 73
2000£61,716 £1,079 63
1999£62,534 £1,019 57
1998£54,709 £980 55
1997£47,927 £797 49
1996£43,812 £738 36
1995£46,299 £785 37
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,533,6619
2023£7,559,01419
2022£3,165,765 £1,660 29
2021£2,290,638 £32,431 10
2020£4,726,43024
2019£1,725,47625
2018£2,522,300 £21,493 26
2017£2,101,320 £739 23
2016£737,303 £22,703 267
2015£3,647,880 £903 18
2014£2,673,579 £16,577 12
2013£12,603,5004
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,0001
2023£492,500 £2,431 2
2022£92,000 £4,182 1
2021£290,083 £2,316 6
2020£256,875 £2,376 4
2019£382,500 £2,440 4
2018£326,799 £2,100 7
2016£362,500 £3,698 2
2015£233,475 £2,018 2
2014£279,0002
2013£196,667 £2,222 3
2012£162,000 £1,090 2
2011£282,000 £2,528 2
2010£192,400 £2,076 4
2009£148,938 £2,535 4
2008£231,416 £2,690 2
2007£283,571 £2,511 7
2006£210,333 £2,646 9
2005£194,667 £2,128 3
2004£244,872 £2,198 9
2003£205,115 £2,695 13
2002£172,903 £1,691 16
2001£221,992 £1,515 12
2000£128,405 £1,168 11
1999£80,608 £789 10
1998£131,542 £635 12
1997£64,892 £640 6
1996£79,0006
1995£82,625 £619 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£185,000 £2,643 1
2019£210,975 £2,146 2
2017£210,000 £2,360 1
2011£200,000 £2,667 1
2009£294,667 £1,498 3
2007£134,950 £1,928 1
2005£202,500 £2,627 2
2004£195,500 £2,379 5
2003£95,0001
2002£106,000 £1,514 1
2001£80,600 £1,073 5
2000£71,500 £1,021 1
1999£140,0001
1998£197,817 £1,006 6
1997£62,075 £769 2
1996£51,500 £736 1

House Type in NE1 4BF area

The most common house types in the NE1 4BF postcode area are Flat (66), Shared house (38), and commercial building (9).

Total125
Flat66
Shared house38
commercial building9
converted building6
Terraced4
Detached1
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 (95), and Private rented: Other private rented (14).

Private rented: Private landlord or letting agency95
Private rented: Other private rented14
Social rented: Other social rented7
Owned: Owns with a mortgage or loan4
Owned: Owns outright3
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE1 4BF have 1 person in household (65), and 8 or more people in household (21).

1 person in household65
8 or more people in household21
2 people in household17
3 people in household11
4 people in household9
5 people in household4
0 people in household0
6 people in household0
7 people in household0