Housing Market Analysis for NE1 4BU

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE1 4BU 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 4BU

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

    AddressSold DatePrice% Change

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

    NE1 4BU Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £132,420 median price is £125,000 Standard Deviation is £74,914 with Total Sold: 1,230
      • The Last 5 Year average price is £181,043 with Total Sold: 232
      • 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 , 37 LEAZES TERRACE: £43,500 (Sold on 01 Feb 1995)
    • Other
      • The average price is around £4,863,317 median price is £1,125,000 Standard Deviation is £10,162,370 with Total Sold: 157
      • The Last 5 Year average price is £4,730,975 with Total Sold: 81
      • 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 £199,834 median price is £151,250 Standard Deviation is £190,030 with Total Sold: 118
      • The Last 5 Year average price is £280,077 with Total Sold: 13
      • 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 , 32B LEAZES TERRACE: £42,000 (Sold on 08 Feb 1995)
    • Detached
      • The average price is around £156,017 median price is £140,000 Standard Deviation is £107,844 with Total Sold: 19
      • The Last 5 Year average price is £300,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , WALMSLEYS CLAYTON STREET: £300,000 (Sold on 24 May 2023)
      • The first recorded sale happened at this postcode is , NEWCASTLE CORK SUPPLY CO LTD, 13 BARRACK ROAD: £75,000 (Sold on 07 Apr 1995)
    • Semi-Detached
      • The average price is around £147,070 median price is £130,500 Standard Deviation is £99,513 with Total Sold: 22
      • The most recent sale happened at this postcode is , 47C LEAZES TERRACE: £200,000 (Sold on 07 Jan 2011)
      • The first recorded sale happened at this postcode is 7, JACOBINS CHARE STOWELL STREET: £49,150 (Sold on 21 Jan 1997)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£161,421 £2,357 19
    2023£136,025 £2,414 30
    2022£178,031 £2,651 39
    2021£201,000 £2,457 83
    2020£218,519 £2,190 33
    2019£143,460 £2,471 28
    2018£155,437 £2,307 27
    2017£139,409 £2,469 33
    2016£155,769 £2,402 33
    2015£140,950 £2,407 32
    2014£146,403 £2,273 31
    2013£129,717 £2,315 21
    2012£115,974 £2,167 19
    2011£121,670 £2,309 23
    2010£134,189 £2,203 20
    2009£130,494 £1,996 25
    2008£159,807 £2,400 14
    2007£162,254 £2,716 36
    2006£147,234 £2,473 73
    2005£149,234 £2,472 65
    2004£161,048 £2,532 47
    2003£140,113 £2,348 84
    2002£141,113 £1,881 145
    2001£70,494 £1,238 48
    2000£62,782 £1,192 42
    1999£67,343 £1,077 45
    1998£51,329 £1,016 47
    1997£51,063 £842 35
    1996£48,933 £805 24
    1995£50,491 £860 29
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,469,1667
    2023£7,873,40418
    2022£4,555,20018
    2021£2,070,8265
    2020£6,821,38915
    2019£1,640,83318
    2018£3,390,270 £2,189 14
    2017£2,098,817 £188 14
    2016£8,224,11220
    2015£4,094,634 £903 14
    2014£2,909,768 £16,577 11
    2013£16,556,6673
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£375,0001
    2023£265,000 £2,431 1
    2022£92,000 £4,182 1
    2021£307,875 £2,579 4
    2020£242,500 £2,612 3
    2019£316,667 £2,559 3
    2018£344,265 £2,100 6
    2016£370,0001
    2015£129,950 £1,628 1
    2013£240,000 £2,222 1
    2011£282,000 £2,528 2
    2010£199,333 £2,612 3
    2009£156,917 £2,535 3
    2008£231,416 £2,690 2
    2007£296,667 £3,058 3
    2006£187,250 £2,646 8
    2005£194,667 £2,128 3
    2004£263,975 £2,402 6
    2003£252,071 £1,602 7
    2002£188,188 £1,474 13
    2001£254,095 £1,649 10
    2000£135,619 £1,300 8
    1999£75,154 £839 7
    1998£144,833 £628 9
    1997£75,000 £701 4
    1996£74,7504
    1995£54,250 £668 4
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£300,0001
    2017£153,000 £2,593 1
    2016£315,000 £3,182 1
    2009£250,0001
    2008£77,5001
    2006£37,5002
    2004£289,4382
    2003£157,000 £2,535 4
    2002£64,975 £1,482 2
    2001£259,0001
    2000£83,000 £1,596 1
    1995£57,5002
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2011£200,000 £2,667 1
    2009£369,000 £1,737 2
    2005£202,500 £2,627 2
    2004£190,875 £2,370 4
    2003£95,0001
    2001£73,250 £1,032 4
    1999£140,0001
    1998£95,380 £1,006 5
    1997£62,075 £769 2

    House Type in NE1 4BU area

    The most common house types in the NE1 4BU postcode area are Flat (94), Shared house (9), and commercial building (7).

    Total116
    Flat94
    Shared house9
    commercial building7
    converted building4
    Detached1
    Terraced1
    Semi-detached0
    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 Owned: Owns outright (10).

    Private rented: Private landlord or letting agency95
    Owned: Owns outright10
    Owned: Owns with a mortgage or loan5
    Social rented: Other social rented3
    Social rented: Rents from council or Local Authority2
    Shared ownership: Shared ownership1
    Private rented: Other private rented1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE1 4BU have 1 person in household (51), and 2 people in household (39).

    1 person in household51
    2 people in household39
    3 people in household13
    4 people in household8
    5 people in household4
    6 people in household3
    0 people in household0
    7 people in household0
    8 or more people in household0