Housing Market Analysis for NE1 7RP

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 7RP Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £228,200 median price is £244,000 Standard Deviation is £96,686 with Total Sold: 11
      • 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 £129,987 median price is £120,000 Standard Deviation is £77,286 with Total Sold: 576
      • The Last 5 Year average price is £162,320 with Total Sold: 83
      • 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 £4,683,338 median price is £1,375,000 Standard Deviation is £9,162,607 with Total Sold: 132
      • The Last 5 Year average price is £3,773,419 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 £383,488 median price is £276,250 Standard Deviation is £325,971 with Total Sold: 136
      • The Last 5 Year average price is £646,062 with Total Sold: 24
      • 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 £132,288 median price is £130,000 Standard Deviation is £66,749 with Total Sold: 17
      • 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
    2004£428,8751
    2003£176,500 £2,677 2
    2002£197,500 £1,429 2
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£140,893 £2,529 9
    2023£155,357 £2,831 14
    2022£153,593 £2,728 21
    2021£178,333 £2,858 15
    2020£183,210 £2,382 10
    2019£164,068 £2,922 14
    2018£177,275 £2,536 10
    2017£158,553 £2,718 15
    2016£157,719 £2,524 14
    2015£161,045 £2,331 11
    2014£168,850 £2,533 15
    2013£139,884 £2,329 16
    2012£117,885 £2,353 13
    2011£133,883 £2,457 9
    2010£144,802 £2,196 11
    2009£140,250 £2,327 9
    2008£181,041 £2,669 11
    2007£168,339 £2,482 19
    2006£161,568 £2,463 28
    2005£154,098 £2,555 23
    2004£172,332 £2,583 22
    2003£170,686 £2,525 22
    2002£182,083 £1,839 54
    2001£84,052 £1,352 24
    2000£66,312 £1,315 24
    1999£65,815 £1,094 37
    1998£66,795 £1,132 39
    1997£54,924 £857 25
    1996£53,838 £859 16
    1995£53,296 £886 26
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,322,2325
    2023£5,518,327 £2,355 15
    2022£4,147,05012
    2021£2,631,0037
    2020£4,314,48615
    2019£2,093,39314
    2018£3,667,37314
    2017£2,377,784 £1,541 12
    2016£10,851,65613
    2015£3,819,992 £903 15
    2014£4,250,0108
    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£851,667 £6,988 3
    2021£672,929 £2,887 7
    2020£455,500 £2,612 5
    2019£483,333 £2,475 3
    2018£403,449 £2,359 8
    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£584,286 £2,687 7
    2006£209,667 £2,646 6
    2005£194,667 £2,128 3
    2004£321,375 £2,402 4
    2003£296,875 £1,602 8
    2002£202,722 £1,468 9
    2001£321,931 £1,628 8
    2000£203,750 £1,029 4
    1999£85,016 £826 5
    1998£180,167 £864 6
    1997£83,950 £701 5
    1996£103,5002
    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£95,380 £1,006 5
    1997£75,000 £769 1

    House Type in NE1 7RP area

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