Housing Market Analysis for NE1 7RT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 7RT Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £212,158 median price is £227,000 Standard Deviation is £105,393 with Total Sold: 14
      • 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 , 20 THE OPEN: £80,000 (Sold on 21 Jan 2002)
    • Flat
      • The average price is around £132,815 median price is £125,000 Standard Deviation is £74,158 with Total Sold: 636
      • The Last 5 Year average price is £161,253 with Total Sold: 94
      • 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 £4,940,254 median price is £1,513,500 Standard Deviation is £9,667,699 with Total Sold: 154
      • The Last 5 Year average price is £4,441,054 with Total Sold: 80
      • 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 £382,740 median price is £276,250 Standard Deviation is £324,641 with Total Sold: 138
      • 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 £145,264 median price is £130,000 Standard Deviation is £101,502 with Total Sold: 21
      • 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
    2016£315,000 £3,182 1
    2011£206,110 £2,299 3
    2009£250,0001
    2006£20,0001
    2004£428,8751
    2003£164,333 £2,677 3
    2002£197,500 £1,429 2
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£151,158 £2,545 11
    2023£152,562 £2,668 16
    2022£153,972 £2,699 20
    2021£170,200 £2,738 20
    2020£176,873 £2,301 11
    2019£164,059 £2,833 16
    2018£173,792 £2,403 13
    2017£159,793 £2,832 14
    2016£157,683 £2,400 14
    2015£156,708 £2,539 12
    2014£164,191 £2,425 17
    2013£137,594 £2,323 17
    2012£127,344 £2,394 16
    2011£136,056 £2,595 8
    2010£141,051 £2,416 15
    2009£141,469 £2,163 13
    2008£189,875 £2,774 10
    2007£170,050 £2,550 19
    2006£146,466 £2,110 34
    2005£149,679 £2,394 49
    2004£173,252 £2,583 23
    2003£163,860 £2,458 35
    2002£186,221 £1,866 52
    2001£82,880 £1,416 23
    2000£66,381 £1,304 24
    1999£67,500 £1,134 31
    1998£67,257 £1,167 37
    1997£54,900 £825 24
    1996£54,634 £869 16
    1995£53,760 £899 26
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,469,1667
    2023£8,779,423 £2,355 16
    2022£4,454,03816
    2021£2,631,0037
    2020£3,636,55018
    2019£2,649,36916
    2018£3,717,55114
    2017£2,288,866 £188 13
    2016£8,981,82620
    2015£3,734,367 £903 16
    2014£3,885,272 £26,871 9
    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£652,500 £3,058 6
    2006£204,000 £2,646 7
    2005£194,667 £2,128 3
    2004£321,375 £2,402 4
    2003£273,889 £1,602 9
    2002£235,950 £1,468 10
    2001£319,869 £1,796 8
    2000£203,750 £1,029 4
    1999£85,016 £826 5
    1998£180,143 £864 7
    1997£75,000 £701 4
    1996£103,5002
    1995£54,250 £668 4
    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£192,833 £2,611 3
    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 7RT area

    The most common house types in the NE1 7RT postcode area are Terraced (38), Shared house (38), and Flat (28).

    Total113
    Terraced38
    Shared house38
    Flat28
    Detached6
    Semi-detached2
    converted building1
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (38), and Private rented: Private landlord or letting agency (34).

    Social rented: Other social rented38
    Private rented: Private landlord or letting agency34
    Owned: Owns outright19
    Owned: Owns with a mortgage or loan17
    Social rented: Rents from council or Local Authority3
    Private rented: Other private rented3
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE1 7RT have 1 person in household (45), and 2 people in household (41).

    1 person in household45
    2 people in household41
    4 people in household12
    3 people in household11
    5 people in household2
    6 people in household1
    7 people in household1
    0 people in household0
    8 or more people in household0