Housing Market Analysis for NEWGATE STREET, NE1 5RG

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £138,600 median price is £125,000 Standard Deviation is £30,357 with Total Sold: 5
    • The Last 5 Year average price is £113,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 NEWGATE STREET: £113,000 (Sold on 16 Feb 2023)
    • The first recorded sale happened at this postcode is 10 NEWGATE STREET: £113,000 (Sold on 20 Dec 2002)
  • Other
    • The average price is around £1,220,000 median price is £1,220,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 14 - 16 NEWGATE STREET: £1,220,000 (Sold on 31 Aug 2017)
    • The first recorded sale happened at this postcode is 14 - 16 NEWGATE STREET: £1,220,000 (Sold on 31 Aug 2017)
  • Detached
    • The average price is around £20,000 median price is £20,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is PHOTO VIDEO DIGITAL, TECNO, 22 NEWGATE STREET: £20,000 (Sold on 30 May 2006)
    • The first recorded sale happened at this postcode is PHOTO VIDEO DIGITAL, TECNO, 22 NEWGATE STREET: £20,000 (Sold on 30 May 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 5RG 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£113,000 £1,913 1
2004£193,5001
2003£136,750 £2,016 2
2002£113,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£1,220,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£20,0001

All the Sales in the NEWGATE STREET, NE1 5RG

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

AddressSold DatePrice% Change
8 NEWGATE STREETFlat, LeaseholdArea: 59.06 Sq.mtrAge: before 190016 Feb 2023£113,000-9.60%
21 Mar 2003£125,000First Sale
14 - 16 NEWGATE STREETOther, Freehold31 Aug 2017£1,220,000First Sale
PHOTO VIDEO DIGITAL, TECNO, 22 NEWGATE STREETDetached, Leasehold30 May 2006£20,000First Sale
6 NEWGATE STREETFlat, Leasehold28 May 2004£193,50030.30%
01 Apr 2003£148,500First Sale
10 NEWGATE STREETFlat, Leasehold20 Dec 2002£113,000First Sale

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

NEWGATE STREET, NE1 5RG Near By properties

Interactive Map

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

  • Flat
    • The average price is around £148,299 median price is £142,000 Standard Deviation is £69,136 with Total Sold: 2,923
    • The Last 5 Year average price is £164,777 with Total Sold: 450
    • 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 £252,537 median price is £135,000 Standard Deviation is £547,419 with Total Sold: 31
    • 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 £1,843,027 median price is £110,148 Standard Deviation is £5,606,732 with Total Sold: 507
    • The Last 5 Year average price is £3,234,009 with Total Sold: 125
    • 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 £196,460 median price is £145,000 Standard Deviation is £214,070 with Total Sold: 96
    • The Last 5 Year average price is £245,143 with Total Sold: 7
    • The most recent sale happened at this postcode is , 34B LEAZES PARK ROAD: £265,000 (Sold on 05 May 2023)
    • 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£152,483 £2,359 39
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£131,875 £2,101 53
2012£126,845 £2,056 48
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£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£134,200 £1,889 5
2002£148,317 £1,482 3
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£4,381,913 £3,373 20
2022£3,720,605 £2,462 28
2021£2,803,698 £18,170 12
2020£3,862,149 £3,364 26
2019£1,858,02430
2018£3,384,802 £31,385 35
2017£2,121,38230
2016£616,480 £22,703 271
2015£3,848,352 £903 25
2014£2,267,530 £16,577 15
2013£8,461,0006
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£265,000 £2,431 1
2022£236,000 £4,182 2
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£90,000 £2,045 1
2007£252,5002
2006£128,333 £2,843 3
2005£340,0002
2004£235,670 £1,994 5
2003£252,042 £3,788 12
2002£213,390 £1,543 5
2001£269,550 £1,265 9
2000£166,279 £1,261 7
1999£177,857 £716 7
1998£127,136 £635 11
1997£35,283 £667 3
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 5RG area

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