Housing Market Analysis for NE1 5RQ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 5RQ Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £258,078 median price is £137,500 Standard Deviation is £555,227 with Total Sold: 30
      • 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 £144,498 median price is £136,200 Standard Deviation is £71,468 with Total Sold: 2,564
      • The Last 5 Year average price is £167,208 with Total Sold: 410
      • The most recent sale happened at this postcode is FLAT 18, 38 LOW FRIAR STREET: £125,000 (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 £2,002,302 median price is £109,880 Standard Deviation is £6,220,867 with Total Sold: 506
      • The Last 5 Year average price is £3,728,462 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 £196,895 median price is £146,250 Standard Deviation is £185,105 with Total Sold: 162
      • The Last 5 Year average price is £306,800 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 £200,281 median price is £146,000 Standard Deviation is £189,176 with Total Sold: 39
      • 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: 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
    2016£315,000 £3,182 1
    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£146,833 £2,071 6
    2002£64,975 £1,482 2
    2001£259,0001
    2000£83,000 £1,596 1
    1995£40,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£148,405 £2,473 33
    2023£149,114 £2,500 63
    2022£159,198 £2,436 76
    2021£192,114 £2,415 113
    2020£196,567 £2,291 53
    2019£139,417 £2,362 72
    2018£150,336 £2,396 68
    2017£159,142 £2,494 87
    2016£138,532 £2,281 95
    2015£140,403 £2,374 72
    2014£148,219 £2,165 77
    2013£136,824 £2,131 42
    2012£124,665 £2,063 35
    2011£147,846 £2,283 42
    2010£150,982 £2,143 55
    2009£149,602 £2,127 43
    2008£173,063 £2,541 35
    2007£162,028 £2,697 100
    2006£170,646 £2,723 227
    2005£167,482 £2,544 122
    2004£173,799 £2,563 166
    2003£157,301 £2,323 308
    2002£148,744 £2,260 201
    2001£82,792 £1,315 78
    2000£67,048 £1,100 65
    1999£68,291 £1,075 60
    1998£54,709 £980 55
    1997£47,748 £797 48
    1996£43,812 £738 36
    1995£46,299 £785 37
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,514,9959
    2023£6,920,672 £3,373 21
    2022£3,384,587 £1,660 31
    2021£2,803,698 £18,170 12
    2020£4,447,937 £3,364 27
    2019£1,807,61528
    2018£3,036,964 £21,493 33
    2017£1,946,651 £739 29
    2016£727,158 £22,703 274
    2015£4,162,122 £903 23
    2014£2,415,210 £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£92,000 £4,182 1
    2021£322,500 £2,514 5
    2020£242,500 £2,612 3
    2019£382,500 £2,440 4
    2018£318,450 £2,100 5
    2016£425,000 £3,698 3
    2015£233,475 £2,018 2
    2014£400,0001
    2013£196,667 £2,222 3
    2012£162,000 £1,090 2
    2011£259,000 £2,528 2
    2010£192,400 £2,076 4
    2009£148,938 £2,535 4
    2008£231,416 £2,690 2
    2007£307,500 £2,608 6
    2006£187,250 £2,646 8
    2005£257,250 £2,128 4
    2004£246,106 £2,198 8
    2003£240,821 £2,695 14
    2002£160,677 £1,418 11
    2001£237,355 £1,649 11
    2000£129,223 £1,168 11
    1999£139,673 £789 12
    1998£124,875 £635 12
    1997£61,336 £640 7
    1996£77,1258
    1995£81,071 £615 7
    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
    2011£200,000 £2,667 1
    2009£294,667 £1,498 3
    2007£134,950 £1,928 1
    2005£202,500 £2,627 2
    2004£195,500 £2,379 5
    2003£95,0001
    2002£106,000 £1,514 1
    2001£77,167 £1,073 6
    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 5RQ area

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