Housing Market Analysis for NE1 7RH

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 7RH Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £116,951 median price is £115,000 Standard Deviation is £61,446 with Total Sold: 603
      • The Last 5 Year average price is £161,134 with Total Sold: 84
      • 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 £4,564,698 median price is £1,025,000 Standard Deviation is £9,793,760 with Total Sold: 87
      • The Last 5 Year average price is £3,856,935 with Total Sold: 42
      • 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 , 38 - 40 LEAZES PARK ROAD: £350,000 (Sold on 22 Jan 2014)
    • Terraced
      • The average price is around £379,994 median price is £273,500 Standard Deviation is £322,172 with Total Sold: 162
      • The Last 5 Year average price is £612,158 with Total Sold: 31
      • 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 £194,383 median price is £130,500 Standard Deviation is £264,115 with Total Sold: 18
      • The Last 5 Year average price is £1,250,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 2 LAMBTON ROAD: £1,250,000 (Sold on 05 Sep 2022)
      • The first recorded sale happened at this postcode is , 47C LEAZES TERRACE: £75,000 (Sold on 25 Apr 1997)
    • Detached
      • The average price is around £264,200 median price is £249,330 Standard Deviation is £188,270 with Total Sold: 11
      • The most recent sale happened at this postcode is , 10 LEAZES CRESCENT: £315,000 (Sold on 31 Mar 2016)
      • The first recorded sale happened at this postcode is , 9 BRANDLING PARK: £40,000 (Sold on 03 Sep 1999)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£146,004 £2,529 10
    2023£159,333 £2,927 15
    2022£150,759 £2,722 22
    2021£152,714 £2,843 14
    2020£193,633 £2,465 12
    2019£173,359 £3,018 11
    2018£154,327 £2,320 13
    2017£159,738 £2,739 16
    2016£149,631 £2,593 12
    2015£150,844 £2,267 16
    2014£164,057 £2,504 21
    2013£136,509 £2,305 17
    2012£126,292 £2,330 12
    2011£139,369 £2,466 8
    2010£127,619 £2,343 8
    2009£143,771 £2,421 12
    2008£181,038 £2,575 12
    2007£151,331 £2,637 18
    2006£143,478 £2,522 26
    2005£150,712 £2,534 20
    2004£164,638 £2,566 24
    2003£147,444 £2,452 22
    2002£110,473 £1,776 41
    2001£84,122 £1,352 27
    2000£68,456 £1,268 24
    1999£64,752 £1,088 42
    1998£60,818 £1,102 44
    1997£54,189 £833 31
    1996£50,339 £832 23
    1995£51,990 £870 30
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,621,5404
    2023£4,337,275 £2,355 8
    2022£5,185,4449
    2021£2,830,000 £2,366 4
    2020£5,555,0607
    2019£1,993,25010
    2018£4,122,19010
    2017£1,304,176 £1,541 8
    2016£14,850,2409
    2015£1,557,125 £903 12
    2014£5,190,7506
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£770,833 £3,074 3
    2023£733,333 £3,262 3
    2022£600,833 £3,804 6
    2021£687,688 £2,729 8
    2020£517,917 £2,486 6
    2019£450,078 £2,960 5
    2018£442,598 £2,359 6
    2017£250,000 £847 1
    2016£618,000 £2,238 7
    2015£551,244 £2,249 8
    2014£750,000 £2,296 2
    2013£643,750 £2,589 4
    2012£473,500 £1,410 2
    2011£431,333 £2,528 3
    2010£199,333 £2,612 3
    2009£333,150 £2,535 5
    2008£611,333 £2,690 4
    2007£561,111 £2,870 9
    2006£200,929 £2,647 7
    2005£181,000 £2,303 4
    2004£321,375 £2,402 4
    2003£309,375 £1,602 8
    2002£218,773 £1,448 11
    2001£322,272 £1,503 9
    2000£93,500 £1,004 6
    1999£85,016 £826 5
    1998£161,000 £864 7
    1997£100,714 £701 7
    1996£126,500 £850 5
    1995£54,250 £668 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£1,250,000 £3,298 1
    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£95,380 £1,006 5
    1997£75,000 £769 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2016£315,000 £3,182 1
    2011£187,165 £2,299 2
    2009£250,0001
    2007£750,0001
    2004£428,8751
    2003£176,500 £2,677 2
    2002£197,500 £1,429 2
    1999£40,000 £169 1

    House Type in NE1 7RH area

    The most common house types in the NE1 7RH 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 7RH 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