Housing Market Analysis for THE OPEN, NE1 4DB

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £100,788 median price is £115,000 Standard Deviation is £36,502 with Total Sold: 51
    • The Last 5 Year average price is £124,250 with Total Sold: 8
    • The most recent sale happened at this postcode is 11 THE OPEN: £115,000 (Sold on 07 Jul 2023)
    • The first recorded sale happened at this postcode is 24 THE OPEN: £55,000 (Sold on 18 May 1995)
  • Detached
    • The average price is around £111,500 median price is £111,500 Standard Deviation is £31,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 20 THE OPEN: £143,000 (Sold on 20 Aug 2003)
    • The first recorded sale happened at this postcode is 20 THE OPEN: £80,000 (Sold on 21 Jan 2002)
  • Semi-Detached
    • The average price is around £69,000 median price is £69,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 18 THE OPEN: £69,000 (Sold on 01 Oct 2001)
    • The first recorded sale happened at this postcode is 18 THE OPEN: £69,000 (Sold on 01 Oct 2001)
  • Terraced
    • The average price is around £48,250 median price is £48,250 Standard Deviation is £11,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 9 THE OPEN: £60,000 (Sold on 08 May 1998)
    • The first recorded sale happened at this postcode is 1 THE OPEN: £36,500 (Sold on 19 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 4DB 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£115,000 £3,108 1
2022£129,833 £2,857 3
2021£118,000 £2,622 1
2020£116,250 £2,031 2
2019£139,000 £2,603 1
2018£125,000 £1,866 1
2015£143,500 £2,474 1
2014£105,000 £2,419 2
2013£130,333 £2,737 3
2012£105,167 £2,512 3
2011£114,975 £2,555 2
2010£125,000 £2,341 1
2007£150,0001
2006£142,998 £2,439 4
2004£138,000 £2,739 2
2003£121,500 £2,637 3
2002£104,000 £1,874 3
2001£72,000 £1,043 1
2000£60,488 £1,277 4
1999£52,000 £1,156 1
1998£53,250 £1,173 4
1997£53,650 £1,060 2
1996£48,000 £852 3
1995£50,750 £1,000 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£143,000 £2,554 1
2002£80,000 £1,429 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£69,000 £1,533 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£60,0001
1997£36,5001

All the Sales in the THE OPEN, NE1 4DB

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

AddressSold DatePrice% Change
11 THE OPENFlat, LeaseholdArea: 37 Sq.mtrAge: 1983-199007 Jul 2023£115,0002.68%
19 Oct 2012£112,000First Sale
23 THE OPENFlat, LeaseholdArea: 54 Sq.mtrAge: 1991-199518 Aug 2022£135,000-7.53%
05 Dec 2006£146,000First Sale
3 THE OPENFlat, LeaseholdArea: 36 Sq.mtrAge: 1983-199002 Aug 2022£116,50055.33%
14 Jun 2002£75,000First Sale
14 THE OPENFlat, LeaseholdArea: 48.66 Sq.mtrAge: 1983-199006 May 2022£138,0002.22%
21 Feb 2014£135,000First Sale
15 THE OPENFlat, LeaseholdArea: 45 Sq.mtrAge: 1991-199526 May 2021£118,000-9.20%
18 Aug 2011£129,95029.95%
07 Mar 2011£100,000124.72%
02 Jun 1998£44,500First Sale
12 THE OPENFlat, LeaseholdArea: 72 Sq.mtrAge: 1983-199010 Jul 2020£132,500First Sale
5 THE OPENFlat, LeaseholdArea: 45 Sq.mtrAge: 1976-198230 Mar 2020£100,000First Sale
28 THE OPENFlat, LeaseholdArea: 53.4 Sq.mtrAge: 1983-199023 Oct 2019£139,00011.20%
23 Jul 2010£125,000108.33%
04 Feb 2000£60,000First Sale
29 THE OPENFlat, LeaseholdArea: 67 Sq.mtrAge: 1983-199023 Aug 2018£125,000First Sale
22 THE OPENFlat, LeaseholdArea: 58 Sq.mtrAge: 1983-199016 Jan 2015£143,500187.00%
16 Sep 1996£50,000First Sale
7 THE OPENFlat, LeaseholdArea: 36.35 Sq.mtrAge: 1983-199019 Nov 2014£75,000First Sale
10 THE OPENFlat, LeaseholdArea: 46 Sq.mtrAge: 1983-199009 Sep 2013£128,000-0.78%
17 Dec 2004£129,000116.81%
30 Jan 1998£59,500First Sale
6 THE OPENFlat, LeaseholdArea: 51 Sq.mtrAge: 1983-199029 Jul 2013£135,000-10.00%
20 Dec 2007£150,000127.45%
14 Apr 2000£65,95041.83%
15 Sep 1995£46,500First Sale
19 THE OPENFlat, LeaseholdArea: 46 Sq.mtrAge: 1991-199528 Mar 2013£128,00034.74%
17 Oct 2012£95,00075.93%
04 Dec 1998£54,000First Sale
13 THE OPENFlat, LeaseholdArea: 44.39 Sq.mtrAge: 1983-199005 Mar 2012£108,500-9.58%
28 Oct 2003£120,000First Sale
4 THE OPENFlat, Leasehold07 Jul 2006£124,990140.37%
15 Jan 1999£52,0006.12%
03 Oct 1997£49,000First Sale
25 THE OPENFlat, LeaseholdArea: 62 Sq.mtrAge: 1991-199528 Feb 2006£152,50030.34%
20 Dec 2002£117,000First Sale
16 THE OPENFlat, LeaseholdArea: 69 Sq.mtrAge: 1983-199016 Jan 2006£148,500106.25%
23 Mar 2001£72,00041.18%
02 Aug 1996£51,000First Sale
24 THE OPENFlat, LeaseholdArea: 55 Sq.mtrAge: 1983-199028 Apr 2004£147,000152.14%
28 Nov 1997£58,3006.00%
18 May 1995£55,000First Sale
26 THE OPENFlat, LeaseholdArea: 59 Sq.mtrAge: 1983-199029 Dec 2003£146,500First Sale
20 THE OPENDetached, LeaseholdArea: 56 Sq.mtrAge: 1976-198220 Aug 2003£143,00078.75%
21 Jan 2002£80,000First Sale
2 THE OPENFlat, Leasehold04 Jul 2003£98,00092.16%
30 Jun 2000£51,000First Sale
21 THE OPENFlat, LeaseholdArea: 68 Sq.mtrAge: 1983-199005 Jul 2002£120,000First Sale
18 THE OPENSemi-Detached, LeaseholdArea: 45 Sq.mtrAge: 1983-199001 Oct 2001£69,000First Sale
17 THE OPENFlat, LeaseholdArea: 51 Sq.mtrAge: 1976-198208 Jun 2000£65,000First Sale
27 THE OPENFlat, LeaseholdArea: 45 Sq.mtrAge: 1983-199009 Nov 1998£55,00027.91%
21 Jun 1996£43,000First Sale
9 THE OPENTerraced, Leasehold08 May 1998£60,000First Sale
1 THE OPENTerraced, Leasehold19 Sep 1997£36,500First Sale

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

THE OPEN, NE1 4DB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £165,393 median price is £141,500 Standard Deviation is £106,840 with Total Sold: 22
    • The Last 5 Year average price is £225,000 with Total Sold: 2
    • 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 £127,970 median price is £125,000 Standard Deviation is £66,859 with Total Sold: 949
    • The Last 5 Year average price is £153,715 with Total Sold: 131
    • The most recent sale happened at this postcode is FLAT 3, 7 HIGHAM PLACE: £210,000 (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 £4,790,979 median price is £1,220,000 Standard Deviation is £9,705,254 with Total Sold: 153
    • The Last 5 Year average price is £4,428,536 with Total Sold: 79
    • 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 , TIME CENTRAL, 32 GALLOWGATE: £24,680,000 (Sold on 21 Nov 2013)
  • Terraced
    • The average price is around £275,874 median price is £222,000 Standard Deviation is £266,903 with Total Sold: 127
    • The Last 5 Year average price is £393,429 with Total Sold: 14
    • 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)
  • 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£300,0001
2017£153,000 £2,593 1
2016£315,000 £3,182 1
2011£206,110 £2,299 3
2009£250,0001
2008£77,5001
2006£37,5002
2004£428,8751
2003£157,000 £2,535 4
2002£148,317 £1,482 3
2000£83,000 £1,596 1
1995£57,5002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£149,395 £2,545 12
2023£141,250 £2,669 24
2022£151,420 £2,695 32
2021£172,333 £2,769 21
2020£162,800 £2,399 17
2019£148,874 £2,584 25
2018£160,950 £2,324 24
2017£146,670 £2,579 30
2016£154,567 £2,532 28
2015£144,574 £2,517 26
2014£157,898 £2,357 22
2013£136,837 £2,340 24
2012£124,333 £2,350 21
2011£126,122 £2,462 16
2010£138,198 £2,272 19
2009£140,080 £2,204 20
2008£178,068 £2,712 11
2007£162,290 £2,822 29
2006£137,503 £2,290 53
2005£150,339 £2,499 61
2004£165,705 £2,608 33
2003£149,855 £2,428 52
2002£150,848 £1,803 116
2001£72,799 £1,332 38
2000£62,459 £1,269 34
1999£64,300 £1,130 35
1998£63,977 £1,149 43
1997£53,079 £878 33
1996£51,800 £835 22
1995£52,777 £890 28
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,469,1667
2023£8,779,423 £2,355 16
2022£4,219,68317
2021£2,194,5046
2020£3,812,22917
2019£2,649,36916
2018£3,219,015 £2,189 15
2017£2,155,389 £188 14
2016£8,402,12620
2015£4,049,277 £903 14
2014£3,401,383 £16,577 9
2013£24,680,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,0001
2023£475,000 £2,431 2
2022£532,333 £5,585 3
2021£367,833 £2,930 3
2020£242,500 £2,612 3
2019£377,500 £2,559 2
2018£326,799 £2,100 7
2017£250,000 £847 1
2016£376,750 £1,166 2
2015£302,488 £1,374 4
2013£495,000 £2,222 2
2011£431,333 £2,528 3
2010£199,333 £2,612 3
2009£316,438 £2,535 4
2008£611,333 £2,690 4
2007£652,500 £3,058 6
2006£204,000 £2,646 7
2005£194,667 £2,128 3
2004£321,375 £2,402 4
2003£265,500 £1,602 10
2002£218,586 £1,474 11
2001£271,595 £1,649 10
2000£172,090 £1,375 5
1999£75,154 £839 7
1998£144,833 £628 9
1997£75,000 £701 4
1996£79,6663
1995£54,250 £668 4
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 4DB area

The most common house types in the NE1 4DB 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 4DB 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