Housing Market Analysis for NE1 5RE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 5RE Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £148,263 median price is £142,000 Standard Deviation is £69,180 with Total Sold: 2,918
      • The Last 5 Year average price is £164,676 with Total Sold: 449
      • 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 £250,494 median price is £127,000 Standard Deviation is £565,858 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 £1,833,122 median price is £109,977 Standard Deviation is £5,632,154 with Total Sold: 502
      • The Last 5 Year average price is £3,268,357 with Total Sold: 121
      • 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 £177,911 median price is £140,000 Standard Deviation is £148,197 with Total Sold: 99
      • The Last 5 Year average price is £248,000 with Total Sold: 7
      • 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 £222,392 median price is £155,000 Standard Deviation is £205,168 with Total Sold: 33
      • 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 , 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£150,970 £2,359 38
    2023£144,134 £2,444 74
    2022£156,366 £2,376 78
    2021£190,859 £2,326 115
    2020£193,296 £2,366 61
    2019£139,765 £2,289 83
    2018£144,283 £2,363 83
    2017£160,427 £2,432 98
    2016£142,843 £2,320 105
    2015£139,741 £2,372 91
    2014£138,629 £2,135 89
    2013£130,508 £2,084 50
    2012£125,926 £2,053 47
    2011£143,815 £2,168 65
    2010£147,947 £2,095 65
    2009£163,923 £2,079 54
    2008£179,688 £2,922 121
    2007£162,436 £2,736 112
    2006£170,867 £2,745 258
    2005£170,686 £2,745 178
    2004£179,148 £2,749 205
    2003£157,761 £2,320 306
    2002£150,696 £2,287 194
    2001£81,894 £1,320 75
    2000£70,098 £1,116 63
    1999£75,621 £1,135 61
    1998£52,266 £995 47
    1997£44,798 £819 42
    1996£42,629 £740 33
    1995£41,883 £803 27
    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
    2009£250,0001
    2008£77,5001
    2006£37,5002
    2005£92,500 £1,765 2
    2004£428,8751
    2003£134,200 £1,889 5
    2002£64,975 £1,482 2
    2001£259,0001
    2000£83,000 £1,596 1
    1995£43,500 £797 2
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,514,9959
    2023£4,960,932 £3,373 17
    2022£3,782,479 £2,462 27
    2021£2,607,260 £18,170 13
    2020£3,862,149 £3,364 26
    2019£1,795,28329
    2018£3,357,223 £31,385 34
    2017£2,121,38230
    2016£615,372 £22,703 272
    2015£3,950,366 £903 24
    2014£2,267,530 £16,577 15
    2013£8,461,0006
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£400,0001
    2023£265,000 £2,431 1
    2022£92,000 £4,182 1
    2021£254,500 £1,265 2
    2019£235,000 £2,523 2
    2018£289,000 £1,810 3
    2016£460,0002
    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£128,333 £2,843 3
    2005£340,0002
    2004£235,670 £1,994 5
    2003£249,955 £3,788 11
    2002£211,158 £1,543 6
    2001£90,744 £1,265 8
    2000£148,619 £1,261 8
    1999£177,857 £716 7
    1998£126,125 £635 12
    1997£40,962 £667 4
    1996£74,2867
    1995£90,5003
    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£294,667 £1,498 3
    2007£134,950 £1,928 1
    2005£155,000 £2,627 1
    2004£181,875 £2,191 4
    2003£95,0001
    2002£106,000 £1,514 1
    2001£84,750 £1,368 4
    2000£160,500 £1,021 2
    1999£140,0001
    1998£404,238 £1,109 8
    1997£49,1501
    1996£51,500 £736 1

    House Type in NE1 5RE area

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