Housing Market Analysis for NE1 7PW

Are you looking to understand NE1 7PW 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 7PW area, explore the NE1 7PW Area information page.
For comprehensive crime statistics in the NE1 7PW area, explore the NE1 7PW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE1 7PW postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE1 7PW 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 7PW

    See the table below for more details on the sold house prices in the NE1 7PW, Newcastle upon Tyne postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE1 7PW postcode. Properties currently for saleProperties currently for rent

    NE1 7PW Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE1 7PW 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 7PW postcode.

    • Detached
      • The average price is around £212,100 median price is £227,000 Standard Deviation is £106,866 with Total Sold: 12
      • The Last 5 Year average price is £150,000 with Total Sold: 1
      • 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 , 20 THE OPEN: £80,000 (Sold on 21 Jan 2002)
    • Flat
      • The average price is around £126,866 median price is £120,000 Standard Deviation is £73,199 with Total Sold: 620
      • The Last 5 Year average price is £163,464 with Total Sold: 89
      • The most recent sale happened at this postcode is FLAT 3, 7 HIGHAM PLACE: £210,000 (Sold on 06 Sep 2024)
      • The first recorded sale happened at this postcode is , 37 LEAZES TERRACE: £43,500 (Sold on 01 Feb 1995)
    • Other
      • The average price is around £4,896,690 median price is £1,375,000 Standard Deviation is £9,508,093 with Total Sold: 136
      • The Last 5 Year average price is £4,539,923 with Total Sold: 68
      • 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 , TIME CENTRAL, 32 GALLOWGATE: £24,680,000 (Sold on 21 Nov 2013)
    • Terraced
      • The average price is around £359,001 median price is £250,000 Standard Deviation is £323,930 with Total Sold: 146
      • The Last 5 Year average price is £591,278 with Total Sold: 27
      • 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 , 32B LEAZES TERRACE: £42,000 (Sold on 08 Feb 1995)
    • Semi-Detached
      • The average price is around £164,939 median price is £130,500 Standard Deviation is £149,436 with Total Sold: 18
      • The most recent sale happened at this postcode is , 47C LEAZES TERRACE: £200,000 (Sold on 07 Jan 2011)
      • The first recorded sale happened at this postcode is , 47C LEAZES TERRACE: £75,000 (Sold on 25 Apr 1997)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£150,0001
    2016£315,000 £3,182 1
    2011£206,110 £2,299 3
    2009£250,0001
    2005£35,0001
    2004£428,8751
    2003£176,500 £2,677 2
    2002£197,500 £1,429 2
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£146,004 £2,529 10
    2023£159,769 £2,904 13
    2022£156,108 £2,685 25
    2021£175,176 £2,843 17
    2020£182,145 £2,382 11
    2019£163,612 £3,018 13
    2018£164,732 £2,320 14
    2017£160,988 £2,674 16
    2016£155,871 £2,478 15
    2015£152,300 £2,215 15
    2014£157,310 £2,458 20
    2013£136,509 £2,305 17
    2012£118,958 £2,365 12
    2011£139,369 £2,466 8
    2010£140,869 £2,343 9
    2009£139,725 £2,335 10
    2008£181,041 £2,669 11
    2007£166,313 £2,637 19
    2006£160,585 £2,501 28
    2005£153,615 £2,519 24
    2004£169,638 £2,566 24
    2003£169,560 £2,452 23
    2002£168,803 £1,768 56
    2001£84,531 £1,352 24
    2000£68,607 £1,252 23
    1999£65,350 £1,087 39
    1998£64,602 £1,102 44
    1997£53,728 £842 30
    1996£50,150 £832 22
    1995£52,061 £853 28
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,322,2325
    2023£7,122,204 £671,829 16
    2022£4,358,83811
    2021£2,407,128 £2,366 8
    2020£6,023,378 £1,151,304 14
    2019£2,258,34414
    2018£3,574,51614
    2017£1,980,407 £13,237 13
    2016£8,796,97116
    2015£3,819,992 £903 15
    2014£4,254,3858
    2013£24,680,0002
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£770,833 £3,074 3
    2023£733,333 £3,262 3
    2022£577,000 £3,965 5
    2021£672,929 £2,887 7
    2020£455,500 £2,612 5
    2019£394,750 £2,475 4
    2018£411,084 £2,359 7
    2017£250,000 £847 1
    2016£571,000 £2,136 6
    2015£484,992 £2,015 6
    2014£750,000 £2,296 2
    2013£643,750 £2,589 4
    2011£431,333 £2,528 3
    2010£199,333 £2,612 3
    2009£316,438 £2,535 4
    2008£611,333 £2,690 4
    2007£526,875 £2,706 8
    2006£200,929 £2,647 7
    2005£181,000 £2,303 4
    2004£321,375 £2,402 4
    2003£297,857 £1,602 7
    2002£195,650 £1,509 10
    2001£321,931 £1,628 8
    2000£93,500 £1,004 6
    1999£85,016 £826 5
    1998£161,000 £864 7
    1997£79,167 £701 6
    1996£85,000 £850 3
    1995£54,250 £668 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2011£200,000 £2,667 1
    2009£238,000 £1,737 1
    2005£202,500 £2,627 2
    2004£210,500 £2,611 2
    2001£73,250 £1,032 4
    1999£140,0001
    1998£199,483 £1,006 6
    1997£75,000 £769 1

    House Type in NE1 7PW area

    The most common house types in the NE1 7PW postcode area are Flat (66), Shared house (38), and commercial building (9).

    Total125
    Flat66
    Shared house38
    commercial building9
    converted building6
    Terraced4
    Detached1
    Semi-detached1
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (95), and Private rented: Other private rented (14).

    Private rented: Private landlord or letting agency95
    Private rented: Other private rented14
    Social rented: Other social rented7
    Owned: Owns with a mortgage or loan4
    Owned: Owns outright3
    Social rented: Rents from council or Local Authority2
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE1 7PW have 1 person in household (65), and 8 or more people in household (21).

    1 person in household65
    8 or more people in household21
    2 people in household17
    3 people in household11
    4 people in household9
    5 people in household4
    0 people in household0
    6 people in household0
    7 people in household0