Housing Market Analysis for NE1 4RE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 4RE Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £154,389 median price is £137,500 Standard Deviation is £98,693 with Total Sold: 24
      • 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 £129,919 median price is £125,000 Standard Deviation is £71,324 with Total Sold: 1,645
      • The Last 5 Year average price is £169,313 with Total Sold: 303
      • 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 £4,226,696 median price is £970,000 Standard Deviation is £9,281,038 with Total Sold: 195
      • The Last 5 Year average price is £4,056,245 with Total Sold: 106
      • 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 £191,783 median price is £145,000 Standard Deviation is £182,167 with Total Sold: 135
      • 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 , 35 GROAT MARKET: £160,000 (Sold on 08 Feb 1995)
    • Semi-Detached
      • The average price is around £160,417 median price is £132,975 Standard Deviation is £135,173 with Total Sold: 30
      • The Last 5 Year average price is £178,500 with Total Sold: 2
      • 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
    2017£131,500 £2,549 2
    2016£315,000 £3,182 1
    2011£177,000 £2,505 2
    2009£250,0001
    2008£77,5001
    2006£37,5002
    2004£289,4382
    2003£151,000 £2,218 5
    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£157,625 £2,473 24
    2023£132,018 £2,300 42
    2022£161,118 £2,395 60
    2021£195,186 £2,315 97
    2020£194,860 £2,095 42
    2019£136,574 £2,352 38
    2018£146,257 £2,347 38
    2017£146,711 £2,443 54
    2016£143,989 £2,227 50
    2015£136,002 £2,321 41
    2014£143,011 £2,203 42
    2013£122,962 £2,184 25
    2012£112,654 £2,047 26
    2011£120,654 £2,238 28
    2010£129,188 £2,122 28
    2009£130,191 £2,002 28
    2008£148,510 £2,341 20
    2007£160,379 £2,576 63
    2006£150,394 £2,495 109
    2005£155,067 £2,450 97
    2004£153,079 £2,404 60
    2003£135,668 £2,184 128
    2002£137,705 £1,833 163
    2001£74,688 £1,246 65
    2000£61,894 £1,101 55
    1999£65,114 £1,046 52
    1998£55,141 £999 53
    1997£48,198 £797 45
    1996£43,812 £738 36
    1995£46,972 £802 36
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,533,6619
    2023£7,873,40418
    2022£3,457,447 £1,879 25
    2021£3,003,1977
    2020£4,928,88323
    2019£1,858,95424
    2018£2,873,901 £2,189 17
    2017£2,019,786 £188 17
    2016£7,376,054 £7,778 23
    2015£3,681,555 £903 16
    2014£2,673,579 £16,577 12
    2013£12,603,5004
    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£326,799 £2,100 7
    2016£370,0001
    2015£129,950 £1,628 1
    2013£240,000 £2,222 1
    2012£74,000 £490 1
    2011£282,000 £2,528 2
    2010£199,333 £2,612 3
    2009£148,938 £2,535 4
    2008£231,416 £2,690 2
    2007£279,000 £3,058 5
    2006£187,250 £2,646 8
    2005£194,667 £2,128 3
    2004£263,975 £2,402 6
    2003£225,864 £2,695 11
    2002£182,604 £1,418 14
    2001£254,095 £1,649 10
    2000£121,939 £1,300 9
    1999£78,260 £839 8
    1998£135,318 £635 11
    1997£65,870 £692 5
    1996£73,3005
    1995£75,400 £668 5
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£185,000 £2,643 1
    2019£172,000 £1,483 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£190,875 £2,370 4
    2003£95,0001
    2002£106,000 £1,514 1
    2001£73,250 £1,032 4
    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 4RE area

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