Housing Market Analysis for GALLOWGATE, NE1 4SP

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

Overview of Sold House prices

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

  • Other
    • The average price is around £9,312,500 median price is £9,312,500 Standard Deviation is £772,500 with Total Sold: 2
    • The Last 5 Year average price is £9,312,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 409, MAGNET COURT GALLOWGATE: £8,540,000 (Sold on 26 Jun 2020)
    • The first recorded sale happened at this postcode is 409, MAGNET COURT GALLOWGATE: £10,085,000 (Sold on 20 Jun 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 4SP 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
2020£8,540,0001
2023£10,085,0001

All the Sales in the GALLOWGATE, NE1 4SP

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

AddressSold DatePrice% Change
409, MAGNET COURT GALLOWGATEOther, Freehold26 Jun 2020£8,540,000-15.32%
20 Jun 2023£10,085,000First Sale

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

GALLOWGATE, NE1 4SP Near By properties

Interactive Map

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

  • Detached
    • The average price is around £158,763 median price is £140,000 Standard Deviation is £93,795 with Total Sold: 31
    • 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 £134,262 median price is £128,000 Standard Deviation is £70,434 with Total Sold: 1,941
    • The Last 5 Year average price is £165,644 with Total Sold: 337
    • 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 5, CLARENDON HOUSE CLAYTON STREET WEST: £42,000 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £1,954,529 median price is £108,625 Standard Deviation is £6,293,715 with Total Sold: 474
    • The Last 5 Year average price is £3,819,250 with Total Sold: 118
    • 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 £191,448 median price is £145,000 Standard Deviation is £175,563 with Total Sold: 149
    • The Last 5 Year average price is £283,125 with Total Sold: 16
    • 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 £163,290 median price is £134,950 Standard Deviation is £133,903 with Total Sold: 31
    • 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
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£201,110 £2,505 3
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£148,317 £1,482 3
2001£259,0001
2000£83,000 £1,596 1
1995£57,5002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£154,263 £2,473 28
2023£132,966 £2,338 43
2022£156,418 £2,406 66
2021£194,148 £2,345 98
2020£190,565 £2,127 47
2019£135,972 £2,315 55
2018£140,798 £2,303 55
2017£145,542 £2,463 69
2016£133,389 £2,237 76
2015£136,724 £2,295 45
2014£143,110 £2,173 56
2013£134,085 £2,135 34
2012£115,355 £2,072 29
2011£120,945 £2,232 31
2010£137,362 £2,130 31
2009£142,164 £2,096 33
2008£156,817 £2,387 29
2007£159,332 £2,560 72
2006£162,996 £2,560 145
2005£161,642 £2,492 102
2004£171,780 £2,515 141
2003£137,065 £2,183 133
2002£137,413 £1,841 164
2001£75,220 £1,254 67
2000£62,131 £1,094 62
1999£63,615 £1,019 56
1998£55,141 £999 53
1997£47,748 £797 48
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£3,181,248 £1,879 29
2021£2,935,8209
2020£4,767,26324
2019£1,826,94328
2018£2,654,200 £31,385 26
2017£2,168,955 £188 23
2016£741,436 £22,703 269
2015£3,548,183 £903 21
2014£2,500,611 £16,577 13
2013£12,603,5004
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,0001
2023£265,000 £2,431 1
2022£236,000 £4,182 2
2021£290,083 £2,316 6
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£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£279,000 £3,058 5
2006£187,250 £2,646 8
2005£194,667 £2,128 3
2004£246,106 £2,198 8
2003£229,958 £2,695 12
2002£182,604 £1,418 14
2001£237,355 £1,649 11
2000£128,405 £1,168 11
1999£77,564 £789 9
1998£135,318 £635 11
1997£65,870 £692 5
1996£82,0007
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£160,500 £1,021 2
1999£140,0001
1998£197,817 £1,006 6
1997£62,075 £769 2
1996£51,500 £736 1

House Type in NE1 4SP area

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