Housing Market Analysis for NE1 7RR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 7RR Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £167,724 median price is £143,000 Standard Deviation is £108,065 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 , 16 CHARLOTTE MEWS: £40,000 (Sold on 30 May 1995)
    • Flat
      • The average price is around £128,197 median price is £125,000 Standard Deviation is £66,071 with Total Sold: 1,048
      • The Last 5 Year average price is £151,213 with Total Sold: 137
      • 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 £4,094,061 median price is £1,122,500 Standard Deviation is £8,617,682 with Total Sold: 202
      • The Last 5 Year average price is £3,767,699 with Total Sold: 105
      • 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 2ND FLOOR, KELBURN HOUSE, 7 - 19 MOSLEY STREET: £52,000 (Sold on 05 Nov 2013)
    • Terraced
      • The average price is around £271,992 median price is £220,000 Standard Deviation is £261,786 with Total Sold: 135
      • The Last 5 Year average price is £393,429 with Total Sold: 14
      • 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 £171,980 median price is £131,000 Standard Deviation is £152,064 with Total Sold: 23
      • 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
    2005£35,0001
    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£40,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£147,134 £2,545 13
    2023£141,250 £2,669 24
    2022£144,513 £2,615 34
    2021£168,020 £2,629 25
    2020£160,422 £2,359 18
    2019£148,343 £2,676 23
    2018£158,531 £2,396 24
    2017£160,095 £2,559 32
    2016£146,807 £2,425 34
    2015£144,068 £2,476 28
    2014£154,465 £2,373 23
    2013£135,564 £2,314 25
    2012£122,432 £2,274 22
    2011£125,232 £2,414 17
    2010£138,198 £2,272 19
    2009£141,108 £2,225 24
    2008£184,058 £2,564 12
    2007£159,569 £2,695 35
    2006£138,488 £2,325 59
    2005£152,366 £2,509 66
    2004£165,705 £2,608 33
    2003£141,345 £2,200 87
    2002£149,108 £1,808 126
    2001£79,507 £1,319 47
    2000£62,459 £1,269 34
    1999£64,300 £1,130 35
    1998£62,633 £1,149 45
    1997£52,474 £878 34
    1996£51,800 £835 22
    1995£52,777 £890 28
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,533,6619
    2023£7,544,006 £2,355 19
    2022£3,503,74724
    2021£2,959,4759
    2020£3,089,45022
    2019£2,308,01022
    2018£3,194,364 £31,385 22
    2017£2,233,244 £188 17
    2016£7,055,867 £37,628 26
    2015£3,388,816 £903 17
    2014£2,902,950 £16,577 11
    2013£12,539,0004
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£375,0001
    2023£475,000 £2,431 2
    2022£532,333 £5,585 3
    2021£367,833 £2,930 3
    2020£242,500 £2,612 3
    2019£377,500 £2,559 2
    2018£326,799 £2,100 7
    2017£250,000 £847 1
    2016£376,750 £1,166 2
    2015£302,488 £1,374 4
    2013£495,000 £2,222 2
    2011£431,333 £2,528 3
    2010£199,333 £2,612 3
    2009£278,150 £2,535 5
    2008£611,333 £2,690 4
    2007£652,500 £3,058 6
    2006£204,000 £2,646 7
    2005£194,667 £2,128 3
    2004£306,475 £2,402 6
    2003£274,542 £1,602 12
    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£199,483 £1,006 6
    1997£62,075 £769 2

    House Type in NE1 7RR area

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