Housing Market Analysis for NE1 5QW

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 5QW Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £145,110 median price is £137,200 Standard Deviation is £72,084 with Total Sold: 2,529
      • The Last 5 Year average price is £166,968 with Total Sold: 412
      • 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 £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)
    • Other
      • The average price is around £2,011,791 median price is £111,604 Standard Deviation is £6,115,054 with Total Sold: 516
      • The Last 5 Year average price is £3,781,554 with Total Sold: 128
      • 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 £212,850 median price is £161,250 Standard Deviation is £191,449 with Total Sold: 138
      • The Last 5 Year average price is £297,357 with Total Sold: 14
      • 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: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£152,863 £2,473 34
    2023£146,719 £2,438 60
    2022£157,797 £2,409 76
    2021£192,388 £2,386 113
    2020£196,328 £2,237 55
    2019£138,649 £2,340 74
    2018£148,415 £2,403 67
    2017£158,344 £2,469 87
    2016£138,110 £2,290 91
    2015£140,873 £2,355 79
    2014£147,838 £2,155 81
    2013£135,443 £2,137 42
    2012£127,163 £2,092 40
    2011£147,544 £2,193 47
    2010£148,390 £2,137 39
    2009£149,895 £2,123 44
    2008£173,006 £2,603 33
    2007£159,712 £2,580 89
    2006£169,399 £2,560 165
    2005£173,077 £2,662 132
    2004£181,434 £2,756 206
    2003£157,038 £2,321 306
    2002£149,113 £2,276 200
    2001£80,331 £1,301 72
    2000£68,287 £1,134 63
    1999£69,414 £1,075 59
    1998£55,036 £999 54
    1997£47,748 £797 48
    1996£43,812 £738 36
    1995£46,299 £785 37
    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: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,297,09510
    2023£7,637,19019
    2022£3,720,605 £2,462 28
    2021£2,803,448 £18,170 12
    2020£4,327,654 £3,364 28
    2019£1,837,70031
    2018£3,102,049 £31,385 35
    2017£2,224,120 £188 32
    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£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£254,095 £1,649 10
    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 5QW area

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