Housing Market Analysis for NE1 5RZ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 5RZ Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £251,911 median price is £137,500 Standard Deviation is £554,645 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 , NEWCASTLE CORK SUPPLY CO LTD, 13 BARRACK ROAD: £75,000 (Sold on 07 Apr 1995)
    • Flat
      • The average price is around £136,884 median price is £130,000 Standard Deviation is £70,919 with Total Sold: 2,121
      • The Last 5 Year average price is £172,075 with Total Sold: 300
      • 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 £1,931,307 median price is £108,706 Standard Deviation is £6,248,010 with Total Sold: 489
      • The Last 5 Year average price is £4,214,772 with Total Sold: 94
      • 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 £195,944 median price is £145,000 Standard Deviation is £180,995 with Total Sold: 180
      • The Last 5 Year average price is £301,429 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 £186,604 median price is £143,000 Standard Deviation is £171,564 with Total Sold: 38
      • 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: 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
    2009£250,0001
    2008£77,5001
    2006£37,5002
    2005£150,000 £1,765 1
    2004£289,4382
    2003£146,833 £2,071 6
    2002£64,975 £1,482 2
    2001£259,0001
    2000£83,000 £1,596 1
    1995£57,5002
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£152,198 £2,473 27
    2023£141,099 £2,434 51
    2022£159,897 £2,453 72
    2021£193,020 £2,413 101
    2020£189,990 £2,139 49
    2019£138,383 £2,316 69
    2018£149,090 £2,336 60
    2017£147,748 £2,476 72
    2016£135,056 £2,228 81
    2015£137,726 £2,388 64
    2014£149,443 £2,180 59
    2013£132,967 £2,125 33
    2012£113,403 £2,067 28
    2011£123,361 £2,286 32
    2010£142,564 £2,134 34
    2009£142,164 £2,096 33
    2008£160,857 £2,415 30
    2007£158,641 £2,598 77
    2006£165,999 £2,738 209
    2005£165,073 £2,518 106
    2004£173,538 £2,514 143
    2003£137,925 £2,182 139
    2002£137,727 £1,840 169
    2001£80,825 £1,282 78
    2000£67,048 £1,100 65
    1999£68,291 £1,075 60
    1998£53,285 £937 57
    1997£47,438 £797 50
    1996£43,812 £738 36
    1995£46,299 £785 37
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,808,3698
    2023£6,849,941 £3,373 21
    2022£3,084,073 £1,660 30
    2021£2,543,486 £32,431 9
    2020£4,402,28126
    2019£1,763,91926
    2018£2,916,929 £21,493 31
    2017£1,999,258 £739 27
    2016£736,412 £22,703 270
    2015£3,456,311 £903 22
    2014£2,329,853 £16,577 14
    2013£10,093,2005
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£375,0001
    2023£492,500 £2,431 2
    2022£92,000 £4,182 1
    2021£290,083 £2,316 6
    2020£256,875 £2,376 4
    2019£432,200 £2,335 5
    2018£318,450 £2,100 5
    2016£425,000 £3,698 3
    2015£233,475 £2,018 2
    2014£279,0002
    2013£196,667 £2,222 3
    2012£284,750 £1,224 4
    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£310,612 £2,353 8
    2006£235,800 £2,646 10
    2005£194,667 £2,128 3
    2004£244,872 £2,198 9
    2003£205,115 £2,695 13
    2002£149,297 £1,587 15
    2001£221,992 £1,515 12
    2000£119,788 £1,168 12
    1999£80,608 £789 10
    1998£122,192 £635 13
    1997£69,294 £640 8
    1996£77,1258
    1995£79,722 £619 9
    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£298,129 £1,006 7
    1997£62,075 £769 2
    1996£51,500 £736 1

    House Type in NE1 5RZ area

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