Housing Market Analysis for NE1 5QE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE1 5QE 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 5QE

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

    AddressSold DatePrice% Change

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

    NE1 5QE Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £273,092 median price is £143,000 Standard Deviation is £563,054 with Total Sold: 29
      • 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)
    • Flat
      • The average price is around £140,849 median price is £134,568 Standard Deviation is £70,982 with Total Sold: 2,299
      • The Last 5 Year average price is £165,403 with Total Sold: 375
      • 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 £2,022,645 median price is £111,162 Standard Deviation is £6,131,264 with Total Sold: 513
      • The Last 5 Year average price is £3,838,404 with Total Sold: 126
      • 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 £216,488 median price is £163,750 Standard Deviation is £194,211 with Total Sold: 140
      • The Last 5 Year average price is £323,200 with Total Sold: 15
      • 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 £205,290 median price is £134,950 Standard Deviation is £208,948 with Total Sold: 31
      • The Last 5 Year average price is £185,000 with Total Sold: 1
      • 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
    2021£3,200,0001
    2020£116,000 £1,365 1
    2017£131,500 £2,549 2
    2016£315,000 £3,182 1
    2011£201,110 £2,505 3
    2010£375,0001
    2009£250,0001
    2008£77,5001
    2006£37,5002
    2005£92,500 £1,765 2
    2004£428,8751
    2003£150,800 £2,271 5
    2002£148,317 £1,482 3
    2001£259,0001
    2000£83,000 £1,596 1
    1995£40,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£153,915 £2,473 31
    2023£143,054 £2,427 49
    2022£155,765 £2,396 70
    2021£190,432 £2,319 106
    2020£193,901 £2,181 50
    2019£137,109 £2,350 69
    2018£150,073 £2,354 60
    2017£154,644 £2,440 79
    2016£135,042 £2,233 85
    2015£138,956 £2,328 68
    2014£146,124 £2,160 72
    2013£133,601 £2,097 38
    2012£122,303 £2,020 34
    2011£124,321 £2,252 36
    2010£145,769 £2,153 38
    2009£148,715 £2,114 39
    2008£164,059 £2,541 29
    2007£160,642 £2,565 84
    2006£167,954 £2,568 157
    2005£167,210 £2,560 113
    2004£174,454 £2,561 160
    2003£156,309 £2,305 302
    2002£140,806 £1,889 163
    2001£78,575 £1,274 71
    2000£68,287 £1,134 63
    1999£69,414 £1,075 59
    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£2,297,09510
    2023£7,637,19019
    2022£3,720,605 £2,462 28
    2021£3,038,762 £32,431 11
    2020£4,481,08527
    2019£1,837,70031
    2018£3,100,335 £31,385 35
    2017£2,295,623 £188 31
    2016£748,827 £22,703 276
    2015£3,202,186 £903 26
    2014£2,421,639 £16,577 14
    2013£10,093,2005
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£375,0001
    2023£475,000 £2,431 2
    2022£236,000 £4,182 2
    2021£343,375 £2,930 4
    2020£242,500 £2,612 3
    2019£316,667 £2,559 3
    2018£326,799 £2,100 7
    2016£460,0002
    2015£129,950 £1,628 1
    2013£240,000 £2,222 1
    2011£254,667 £2,528 3
    2010£199,333 £2,612 3
    2009£148,938 £2,535 4
    2008£231,416 £2,690 2
    2007£303,750 £3,058 4
    2006£187,250 £2,646 8
    2005£257,250 £2,128 4
    2004£263,975 £2,402 6
    2003£266,500 £2,695 13
    2002£218,586 £1,474 11
    2001£253,723 £1,649 11
    2000£159,869 £1,300 8
    1999£149,608 £839 10
    1998£135,318 £635 11
    1997£65,870 £692 5
    1996£84,4166
    1995£75,400 £668 5
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£185,000 £2,643 1
    2011£200,000 £2,667 1
    2009£369,000 £1,737 2
    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£350,862 £1,006 8
    1997£62,075 £769 2
    1996£51,500 £736 1

    House Type in NE1 5QE area

    The most common house types in the NE1 5QE postcode area are Flat (133), converted building (28), and commercial building (13).

    Total179
    Flat133
    converted building28
    commercial building13
    Shared house4
    Detached1
    Semi-detached0
    Terraced0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (144), and Social rented: Other social rented (17).

    Private rented: Private landlord or letting agency144
    Social rented: Other social rented17
    Owned: Owns with a mortgage or loan9
    Owned: Owns outright5
    Private rented: Other private rented3
    Shared ownership: Shared ownership1
    Does not apply0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE1 5QE have 1 person in household (114), and 2 people in household (48).

    1 person in household114
    2 people in household48
    3 people in household13
    4 people in household4
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0