Housing Market Analysis for NE1 5QG

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 5QG Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £146,530 median price is £139,500 Standard Deviation is £71,768 with Total Sold: 2,522
      • The Last 5 Year average price is £167,499 with Total Sold: 408
      • 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 £275,345 median price is £141,500 Standard Deviation is £572,892 with Total Sold: 28
      • 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 £2,023,531 median price is £111,886 Standard Deviation is £6,117,574 with Total Sold: 516
      • The Last 5 Year average price is £3,724,530 with Total Sold: 130
      • 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 £222,602 median price is £173,750 Standard Deviation is £198,538 with Total Sold: 124
      • The Last 5 Year average price is £299,462 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 £214,464 median price is £137,475 Standard Deviation is £217,072 with Total Sold: 28
      • 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: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£155,662 £2,447 33
    2023£146,422 £2,435 62
    2022£158,633 £2,339 72
    2021£192,386 £2,380 111
    2020£199,088 £2,327 57
    2019£136,986 £2,322 73
    2018£147,594 £2,405 67
    2017£159,998 £2,461 88
    2016£138,143 £2,290 91
    2015£139,675 £2,345 80
    2014£144,999 £2,142 79
    2013£137,036 £2,145 45
    2012£127,163 £2,092 40
    2011£148,331 £2,208 50
    2010£150,278 £2,145 54
    2009£150,063 £2,114 42
    2008£176,247 £2,589 33
    2007£160,618 £2,703 96
    2006£170,278 £2,559 165
    2005£174,355 £2,648 130
    2004£180,541 £2,761 204
    2003£157,706 £2,319 306
    2002£150,653 £2,297 197
    2001£79,697 £1,295 69
    2000£70,589 £1,138 63
    1999£81,113 £1,132 61
    1998£53,781 £1,005 48
    1997£47,192 £816 44
    1996£41,930 £740 32
    1995£43,178 £784 30
    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£136,000 £2,095 4
    2002£148,317 £1,482 3
    2001£259,0001
    2000£83,000 £1,596 1
    1995£40,0001
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,297,09510
    2023£7,637,19019
    2022£3,720,605 £2,462 28
    2021£2,589,183 £18,170 13
    2020£4,327,654 £3,364 28
    2019£1,784,39732
    2018£3,192,683 £31,385 36
    2017£2,438,43629
    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£265,000 £2,431 1
    2022£236,000 £4,182 2
    2021£343,375 £2,930 4
    2020£228,750 £2,227 2
    2019£316,667 £2,559 3
    2018£326,799 £2,100 7
    2016£460,0002
    2013£240,000 £2,222 1
    2011£254,667 £2,528 3
    2010£235,000 £2,611 2
    2009£172,500 £2,136 2
    2008£333,333 £2,564 1
    2007£328,333 £2,465 3
    2006£200,500 £2,473 6
    2005£300,000 £2,128 3
    2004£263,975 £2,402 6
    2003£266,500 £2,695 13
    2002£232,645 £1,410 10
    2001£275,111 £1,718 9
    2000£159,869 £1,300 8
    1999£151,558 £771 10
    1998£135,318 £635 11
    1997£71,588 £718 4
    1996£84,4166
    1995£83,750 £422 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£185,000 £2,643 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£69,667 £1,089 3
    2000£160,500 £1,021 2
    1999£140,0001
    1998£350,862 £1,006 8
    1997£49,1501
    1996£51,500 £736 1

    House Type in NE1 5QG area

    The most common house types in the NE1 5QG 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 5QG 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