Housing Market Analysis for NE1 7RA

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

Overview of Sold House prices

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

  • Other
    • The average price is around £4,050,000 median price is £4,050,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £4,050,000 with Total Sold: 1
    • The most recent sale happened at this postcode is ELDON GARDENS MANAGEMENT ELDON GARDENS: £4,050,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is ELDON GARDENS MANAGEMENT ELDON GARDENS: £4,050,000 (Sold on 14 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE1 7RA 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
2024£4,050,0001

All the Sales in the NE1 7RA

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

AddressSold DatePrice% Change
ELDON GARDENS MANAGEMENT ELDON GARDENSOther, Leasehold14 Jun 2024£4,050,000First Sale

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

NE1 7RA Near By properties

Interactive Map

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

  • Detached
    • The average price is around £169,463 median price is £143,000 Standard Deviation is £106,221 with Total Sold: 23
    • The Last 5 Year average price is £225,000 with Total Sold: 2
    • 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 £136,355 median price is £130,000 Standard Deviation is £74,147 with Total Sold: 1,263
    • The Last 5 Year average price is £182,733 with Total Sold: 234
    • 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 £4,431,333 median price is £1,090,000 Standard Deviation is £9,454,271 with Total Sold: 186
    • The Last 5 Year average price is £4,190,536 with Total Sold: 103
    • 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 , 23 PUDDING CHARE: £744,000 (Sold on 08 Nov 2013)
  • Terraced
    • The average price is around £213,974 median price is £165,000 Standard Deviation is £193,084 with Total Sold: 119
    • The Last 5 Year average price is £337,154 with Total Sold: 13
    • 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 £147,070 median price is £130,500 Standard Deviation is £99,513 with Total Sold: 22
    • 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 7, JACOBINS CHARE STOWELL STREET: £49,150 (Sold on 21 Jan 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£300,0001
2017£153,000 £2,593 1
2016£315,000 £3,182 1
2011£206,110 £2,299 3
2009£250,0001
2008£77,5001
2006£37,5002
2004£428,8751
2003£157,000 £2,535 4
2002£148,317 £1,482 3
2001£259,0001
2000£83,000 £1,596 1
1995£57,5002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£168,305 £2,545 18
2023£144,806 £2,686 27
2022£172,412 £2,603 43
2021£199,210 £2,567 83
2020£220,062 £2,359 36
2019£146,291 £2,593 27
2018£158,312 £2,352 28
2017£157,178 £2,532 34
2016£152,374 £2,416 40
2015£143,417 £2,483 31
2014£151,541 £2,411 29
2013£135,158 £2,326 26
2012£120,913 £2,252 23
2011£125,920 £2,442 20
2010£138,130 £2,305 21
2009£140,287 £2,204 23
2008£186,193 £2,530 14
2007£162,126 £2,714 39
2006£139,270 £2,413 67
2005£152,169 £2,507 66
2004£167,071 £2,625 45
2003£141,157 £2,251 114
2002£144,548 £1,979 145
2001£81,887 £1,319 50
2000£65,103 £1,269 35
1999£69,500 £1,130 44
1998£62,512 £1,129 47
1997£52,401 £876 35
1996£51,200 £846 23
1995£51,642 £873 30
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,533,6619
2023£7,878,098 £2,355 18
2022£3,438,69323
2021£2,935,8209
2020£5,171,78722
2019£2,169,31422
2018£2,859,340 £2,189 17
2017£2,354,896 £188 15
2016£7,679,51122
2015£3,617,805 £903 16
2014£3,173,245 £16,577 10
2013£16,701,3333
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,0001
2023£475,000 £2,431 2
2022£236,000 £4,182 2
2021£367,833 £2,930 3
2020£242,500 £2,612 3
2019£377,500 £2,559 2
2018£326,799 £2,100 7
2016£370,0001
2015£269,975 £1,628 2
2013£240,000 £2,222 1
2011£282,000 £2,528 2
2010£199,333 £2,612 3
2009£148,938 £2,535 4
2008£231,416 £2,690 2
2007£296,667 £3,058 3
2006£187,250 £2,646 8
2005£194,667 £2,128 3
2004£268,770 £2,402 5
2003£241,611 £1,602 9
2002£218,586 £1,474 11
2001£271,595 £1,649 10
2000£167,575 £1,375 6
1999£75,154 £839 7
1998£144,833 £628 9
1997£75,000 £701 4
1996£74,7504
1995£75,400 £668 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£200,000 £2,667 1
2009£369,000 £1,737 2
2005£202,500 £2,627 2
2004£190,875 £2,370 4
2003£95,0001
2001£73,250 £1,032 4
1999£140,0001
1998£95,380 £1,006 5
1997£62,075 £769 2

House Type in NE1 7RA area

The most common house types in the NE1 7RA postcode area are Flat (94), Shared house (9), and commercial building (7).

Total116
Flat94
Shared house9
commercial building7
converted building4
Detached1
Terraced1
Semi-detached0
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 Owned: Owns outright (10).

Private rented: Private landlord or letting agency95
Owned: Owns outright10
Owned: Owns with a mortgage or loan5
Social rented: Other social rented3
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE1 7RA have 1 person in household (51), and 2 people in household (39).

1 person in household51
2 people in household39
3 people in household13
4 people in household8
5 people in household4
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0