Housing Market Analysis for WESTGATE ROAD, NE1 5XU

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

Overview of Sold House prices

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

  • Other
    • The average price is around £2,343,000 median price is £2,400,000 Standard Deviation is £565,152 with Total Sold: 4
    • The Last 5 Year average price is £2,124,000 with Total Sold: 3
    • The most recent sale happened at this postcode is ASSEMBLY ROOMS (NEWCASTLE) LTD WESTGATE ROAD: £2,750,000 (Sold on 07 Jan 2022)
    • The first recorded sale happened at this postcode is 50 WESTGATE ROAD: £3,000,000 (Sold on 31 Jul 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 5XU 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
2022£2,750,0001
2019£1,811,0002
2018£3,000,0001

All the Sales in the WESTGATE ROAD, NE1 5XU

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

AddressSold DatePrice% Change
ASSEMBLY ROOMS (NEWCASTLE) LTD WESTGATE ROADOther, Freehold07 Jan 2022£2,750,00034.15%
20 Dec 2019£2,050,000First Sale
GIBB CHAMBERS, 52 - 54 WESTGATE ROADOther, Freehold31 Jan 2019£1,572,000First Sale
50 WESTGATE ROADOther, Freehold31 Jul 2018£3,000,000First Sale

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

WESTGATE ROAD, NE1 5XU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £275,551 median price is £131,000 Standard Deviation is £594,896 with Total Sold: 26
    • 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 £150,024 median price is £143,000 Standard Deviation is £69,116 with Total Sold: 3,027
    • The Last 5 Year average price is £163,307 with Total Sold: 429
    • 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 £1,503,144 median price is £109,398 Standard Deviation is £5,245,244 with Total Sold: 488
    • The Last 5 Year average price is £2,685,221 with Total Sold: 120
    • 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 £198,872 median price is £150,000 Standard Deviation is £163,065 with Total Sold: 122
    • The Last 5 Year average price is £361,750 with Total Sold: 12
    • 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 £269,002 median price is £185,000 Standard Deviation is £244,207 with Total Sold: 23
    • 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
2014£105,000 £1,750 1
2011£177,000 £2,505 2
2010£375,0001
2008£77,5001
2006£37,5002
2005£150,000 £1,765 1
2004£414,4382
2003£132,000 £1,667 4
2002£49,950 £1,536 1
2001£259,0001
2000£69,000 £1,596 2
1995£40,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£149,560 £2,323 37
2023£148,288 £2,412 64
2022£153,329 £2,321 77
2021£187,624 £2,199 115
2020£192,964 £2,340 56
2019£135,567 £2,168 80
2018£145,382 £2,274 87
2017£157,375 £2,376 97
2016£140,682 £2,301 111
2015£116,453 £2,589 124
2014£111,078 £2,353 141
2013£129,244 £2,015 47
2012£128,043 £1,992 42
2011£141,229 £2,139 61
2010£147,548 £2,037 74
2009£179,077 £2,298 76
2008£181,698 £2,937 193
2007£172,387 £2,831 127
2006£176,073 £2,774 321
2005£175,623 £2,824 192
2004£173,889 £2,560 151
2003£156,555 £2,311 299
2002£146,366 £2,207 205
2001£82,533 £1,301 65
2000£66,491 £1,032 50
1999£68,683 £1,041 38
1998£53,306 £882 28
1997£43,266 £799 31
1996£38,535 £672 23
1995£36,355 £672 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£4,513,49510
2023£3,524,947 £3,373 15
2022£2,213,399 £1,620 28
2021£2,387,032 £18,170 12
2020£3,325,995 £3,364 24
2019£1,734,64231
2018£2,166,653 £16,638 34
2017£1,782,406 £1,290 28
2016£506,874 £16,564 265
2015£4,297,673 £903 22
2014£615,611 £16,577 13
2013£8,476,8336
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£400,0001
2023£492,500 £2,431 2
2022£333,500 £3,274 2
2021£313,000 £1,265 3
2020£300,000 £1,667 1
2019£350,000 £2,362 3
2018£286,0002
2016£387,500 £3,698 4
2015£337,000 £2,407 1
2014£279,0002
2013£175,0002
2012£162,000 £1,090 2
2011£200,0001
2010£185,800 £1,004 2
2009£125,0001
2008£200,000 £2,045 2
2007£273,750 £1,965 4
2006£274,0005
2005£340,0002
2004£235,558 £1,994 6
2003£231,792 £3,788 12
2002£203,606 £1,989 9
2001£77,779 £953 7
2000£132,645 £1,261 10
1999£169,125 £716 8
1998£134,068 £406 11
1997£46,838 £548 4
1996£74,2867
1995£92,583 £570 6
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£323,000 £1,259 2
2007£134,950 £1,928 1
2004£185,500 £2,147 3
2003£95,0001
2002£106,000 £1,514 1
2001£85,000 £1,236 2
2000£160,500 £1,021 2
1998£738,7504
1997£49,1501
1996£51,500 £736 1

House Type in NE1 5XU area

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