Housing Market Analysis for GRAINGER STREET, NE1 5JG

Are you looking to understand NE1 5JG 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 5JG area, explore the NE1 5JG Area information page.
For comprehensive crime statistics in the NE1 5JG area, explore the NE1 5JG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE1 5JG postcode area, The average prices are as follows,

  • Other
    • The average price is around £350,000 median price is £350,000 Standard Deviation is £310,000 with Total Sold: 2
    • The Last 5 Year average price is £40,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BASEMENT AND GROUND FLOORS, 54 - 56 GRAINGER STREET: £40,000 (Sold on 11 Oct 2019)
    • The first recorded sale happened at this postcode is FLAT 2, OXFORD HOUSE, 38 - 40 GRAINGER STREET: £660,000 (Sold on 12 Jun 2015)
  • Flat
    • The average price is around £162,500 median price is £162,500 Standard Deviation is £22,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 60 GRAINGER STREET: £140,000 (Sold on 29 May 2009)
    • The first recorded sale happened at this postcode is 60 GRAINGER STREET: £185,000 (Sold on 05 Aug 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 5JG 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
2019£40,0001
2015£660,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£140,0001
2005£185,0001

All the Sales in the GRAINGER STREET, NE1 5JG

See the table below for more details on the sold house prices in the NE1 5JG, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
BASEMENT AND GROUND FLOORS, 54 - 56 GRAINGER STREETOther, Leasehold11 Oct 2019£40,000First Sale
FLAT 2, OXFORD HOUSE, 38 - 40 GRAINGER STREETOther, Freehold12 Jun 2015£660,000First Sale
60 GRAINGER STREETFlat, Leasehold29 May 2009£140,000-24.32%
05 Aug 2005£185,000First Sale

Check out the sold house prices near the NE1 5JG postcode. Properties currently for saleProperties currently for rent

GRAINGER STREET, NE1 5JG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE1 5JG 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 5JG postcode.

  • Flat
    • The average price is around £149,269 median price is £143,000 Standard Deviation is £68,852 with Total Sold: 3,011
    • The Last 5 Year average price is £164,997 with Total Sold: 468
    • The most recent sale happened at this postcode is 48, MANOR CHARE APARTMENTS MANOR CHARE: £181,000 (Sold on 10 Sep 2024)
    • The first recorded sale happened at this postcode is 5, CLARENDON HOUSE CLAYTON STREET WEST: £42,000 (Sold on 13 Jan 1995)
  • Detached
    • The average price is around £245,978 median price is £131,000 Standard Deviation is £556,554 with Total Sold: 30
    • The Last 5 Year average price is £941,500 with Total Sold: 4
    • 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 , 16 CHARLOTTE MEWS: £40,000 (Sold on 30 May 1995)
  • Other
    • The average price is around £1,679,124 median price is £109,805 Standard Deviation is £5,390,662 with Total Sold: 496
    • The Last 5 Year average price is £2,974,929 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 £174,987 median price is £130,000 Standard Deviation is £144,413 with Total Sold: 107
    • The Last 5 Year average price is £232,778 with Total Sold: 9
    • The most recent sale happened at this postcode is , 8 MARLBOROUGH CRESCENT: £400,000 (Sold on 31 May 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 £210,249 median price is £145,750 Standard Deviation is £199,533 with Total Sold: 36
    • 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 , 3B QUEEN STREET: £46,500 (Sold on 19 Jan 1996)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£152,159 £2,383 43
2023£144,573 £2,428 74
2022£158,426 £2,334 80
2021£190,136 £2,285 116
2020£193,793 £2,320 65
2019£140,563 £2,247 90
2018£146,983 £2,361 87
2017£159,372 £2,405 99
2016£142,123 £2,299 110
2015£140,209 £2,358 95
2014£139,989 £2,127 92
2013£131,743 £2,014 49
2012£128,423 £2,018 45
2011£143,977 £2,131 64
2010£148,689 £2,096 69
2009£170,430 £2,135 59
2008£180,729 £2,966 163
2007£163,431 £2,724 111
2006£172,015 £2,752 250
2005£170,162 £2,712 182
2004£179,802 £2,727 205
2003£157,887 £2,306 307
2002£151,182 £2,287 197
2001£83,527 £1,311 77
2000£73,542 £1,107 65
1999£77,069 £1,106 62
1998£54,360 £926 46
1997£47,397 £817 47
1996£43,213 £696 34
1995£42,708 £763 28
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£300,0001
2021£3,200,0001
2020£116,000 £1,365 1
2017£139,333 £2,560 3
2014£105,000 £1,750 1
2011£177,000 £2,505 2
2010£375,0001
2008£77,5001
2007£165,000 £1,557 1
2006£37,5002
2005£92,500 £1,765 2
2004£294,438 £1,905 2
2003£141,200 £1,877 5
2002£49,950 £1,536 1
2001£259,0001
2000£83,000 £1,596 1
1999£85,000 £1,197 1
1995£43,500 £797 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,311,49510
2023£3,954,969 £3,373 14
2022£3,491,077 £2,462 25
2021£2,433,002 £12,954 14
2020£3,959,555 £3,364 25
2019£1,740,97430
2018£3,279,303 £31,385 35
2017£2,180,04429
2016£554,351 £22,703 271
2015£3,950,366 £903 24
2014£615,611 £16,577 13
2013£8,461,0006
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£400,0001
2023£177,000 £1,758 2
2022£92,000 £4,182 1
2021£254,500 £1,265 2
2020£270,000 £2,443 1
2019£235,000 £2,523 2
2018£286,0002
2016£383,667 £2,062 3
2013£175,0002
2012£250,000 £1,689 1
2011£200,0001
2010£185,800 £1,004 2
2009£125,0001
2008£200,000 £2,045 2
2007£252,5002
2006£155,750 £2,843 4
2005£340,0002
2004£238,058 £1,994 6
2003£239,958 £2,687 12
2002£205,279 £1,509 7
2001£81,207 £1,287 7
2000£148,619 £1,261 8
1999£166,125 £813 8
1998£121,688 £682 13
1997£42,450 £667 3
1996£68,875 £263 8
1995£77,375 £463 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£185,000 £2,643 1
2019£210,975 £2,146 2
2017£247,500 £2,360 2
2009£323,000 £1,259 2
2007£140,225 £1,947 2
2006£126,500 £2,224 2
2005£155,000 £2,627 1
2004£166,250 £2,084 6
2003£106,000 £1,945 3
2002£106,000 £1,514 1
2001£90,000 £1,285 3
2000£160,500 £1,021 2
1998£495,483 £1,109 6
1997£49,1501
1996£49,000 £863 2

House Type in NE1 5JG area

The most common house types in the NE1 5JG postcode area are Flat (75), commercial building (30), and converted building (10).

Total125
Flat75
commercial building30
converted building10
Shared house8
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 Social rented: Other social rented (21).

Private rented: Private landlord or letting agency95
Social rented: Other social rented21
Social rented: Rents from council or Local Authority3
Owned: Owns with a mortgage or loan2
Private rented: Other private rented2
Owned: Owns outright1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE1 5JG have 1 person in household (68), and 2 people in household (43).

1 person in household68
2 people in household43
3 people in household8
4 people in household2
5 people in household2
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0