Housing Market Analysis for NEWGATE STREET, NE1 5TG

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

Overview of Sold House prices

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

  • Other
    • The average price is around £420,429 median price is £420,429 Standard Deviation is £287,071 with Total Sold: 2
    • The most recent sale happened at this postcode is UNITS G10 AND F10, THE GATE NEWGATE STREET: £707,500 (Sold on 26 Nov 2018)
    • The first recorded sale happened at this postcode is G3 THE GATE NEWGATE STREET: £133,358 (Sold on 21 Sep 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 5TG 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£707,5001
2017£133,3581

All the Sales in the NEWGATE STREET, NE1 5TG

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

AddressSold DatePrice% Change
UNITS G10 AND F10, THE GATE NEWGATE STREETOther, Leasehold26 Nov 2018£707,500First Sale
G3 THE GATE NEWGATE STREETOther, Leasehold21 Sep 2017£133,358First Sale

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

NEWGATE STREET, NE1 5TG Near By properties

Interactive Map

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

  • Detached
    • The average price is around £259,411 median price is £137,500 Standard Deviation is £554,738 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 £137,627 median price is £130,000 Standard Deviation is £71,080 with Total Sold: 2,120
    • The Last 5 Year average price is £172,596 with Total Sold: 299
    • 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 £1,859,023 median price is £109,805 Standard Deviation is £6,107,106 with Total Sold: 498
    • The Last 5 Year average price is £4,043,685 with Total Sold: 98
    • 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 £203,011 median price is £155,000 Standard Deviation is £154,141 with Total Sold: 193
    • The Last 5 Year average price is £343,562 with Total Sold: 16
    • 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 £189,737 median price is £143,000 Standard Deviation is £170,023 with Total Sold: 42
    • 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
2010£375,0001
2009£250,0001
2008£77,5001
2006£37,5002
2005£150,000 £1,765 1
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£57,5002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£155,283 £2,473 26
2023£140,786 £2,468 53
2022£159,966 £2,466 72
2021£193,020 £2,413 101
2020£193,501 £2,186 47
2019£139,130 £2,334 69
2018£150,076 £2,361 60
2017£152,657 £2,458 82
2016£134,976 £2,232 82
2015£139,072 £2,412 62
2014£145,283 £2,177 66
2013£132,967 £2,125 33
2012£114,455 £2,106 27
2011£123,361 £2,286 32
2010£142,564 £2,134 34
2009£142,164 £2,096 33
2008£163,817 £2,455 29
2007£158,641 £2,598 77
2006£166,316 £2,747 208
2005£165,073 £2,518 106
2004£174,371 £2,528 140
2003£136,829 £2,182 138
2002£140,472 £1,900 164
2001£80,825 £1,282 78
2000£67,048 £1,100 65
1999£70,016 £1,119 58
1998£54,138 £959 56
1997£48,227 £818 49
1996£43,812 £738 36
1995£46,299 £785 37
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,808,3698
2023£6,569,489 £3,373 22
2022£2,946,522 £1,660 31
2021£2,134,898 £17,098 11
2020£4,402,28126
2019£1,743,03327
2018£2,911,929 £21,493 31
2017£1,946,651 £739 29
2016£732,776 £22,703 272
2015£3,456,311 £903 22
2014£731,765 £16,577 13
2013£8,476,8336
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£387,5002
2023£492,500 £2,431 2
2022£333,500 £3,274 2
2021£340,417 £2,514 6
2020£256,875 £2,376 4
2019£443,500 £2,335 6
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£317,800 £1,349 5
2011£259,000 £2,528 2
2010£192,400 £2,076 4
2009£148,938 £2,535 4
2008£257,611 £2,690 3
2007£310,612 £2,353 8
2006£237,091 £2,646 11
2005£257,250 £2,128 4
2004£244,872 £2,198 9
2003£240,821 £2,695 14
2002£169,163 £1,587 15
2001£87,627 £1,515 11
2000£128,871 £1,168 12
1999£139,673 £789 12
1998£120,383 £635 15
1997£73,435 £640 10
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
2015£380,000 £1,284 1
2011£200,000 £2,667 1
2009£294,667 £1,498 3
2007£134,950 £1,928 1
2006£355,000 £1,199 1
2005£202,500 £2,627 2
2004£195,500 £2,379 5
2003£95,0001
2002£67,000 £804 2
2001£77,167 £1,073 6
2000£160,500 £1,021 2
1999£127,500 £389 2
1998£298,129 £1,006 7
1997£62,075 £769 2
1996£51,500 £736 1

House Type in NE1 5TG area

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