Housing Market Analysis for NE1 7RX

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 7RX Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £138,035 median price is £125,000 Standard Deviation is £92,558 with Total Sold: 661
      • The Last 5 Year average price is £240,389 with Total Sold: 132
      • The most recent sale happened at this postcode is , 7 SLOANE COURT: £160,000 (Sold on 09 Aug 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 £2,606,352 median price is £870,000 Standard Deviation is £4,326,455 with Total Sold: 74
      • The Last 5 Year average price is £2,636,617 with Total Sold: 31
      • 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 , 38 - 40 LEAZES PARK ROAD: £350,000 (Sold on 22 Jan 2014)
    • Terraced
      • The average price is around £383,853 median price is £278,750 Standard Deviation is £351,590 with Total Sold: 238
      • The Last 5 Year average price is £684,621 with Total Sold: 38
      • 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 , 38 BRANDLING PLACE SOUTH: £103,750 (Sold on 20 Jan 1995)
    • Semi-Detached
      • The average price is around £204,050 median price is £127,500 Standard Deviation is £265,304 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 , 14 NORTH TERRACE: £65,000 (Sold on 14 Jul 1995)
    • Detached
      • The average price is around £299,404 median price is £250,000 Standard Deviation is £186,701 with Total Sold: 17
      • 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 , 42 BRANDLING PLACE SOUTH: £100,000 (Sold on 28 Aug 1996)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£147,255 £2,529 8
    2023£273,329 £2,903 37
    2022£257,930 £2,777 40
    2021£250,202 £2,843 22
    2020£197,431 £2,668 13
    2019£170,996 £2,981 12
    2018£161,150 £2,394 13
    2017£170,415 £2,799 20
    2016£161,129 £2,593 16
    2015£154,233 £2,301 15
    2014£167,009 £2,584 23
    2013£135,443 £2,264 15
    2012£126,591 £2,451 11
    2011£143,661 £2,522 9
    2010£133,439 £2,348 9
    2009£143,771 £2,421 12
    2008£181,038 £2,575 12
    2007£156,442 £2,658 18
    2006£141,938 £2,610 25
    2005£150,712 £2,534 20
    2004£166,772 £2,633 25
    2003£143,467 £2,558 22
    2002£112,469 £1,871 43
    2001£84,122 £1,352 27
    2000£68,456 £1,268 24
    1999£67,229 £1,124 42
    1998£62,917 £1,143 43
    1997£54,906 £851 32
    1996£50,339 £832 23
    1995£51,990 £870 30
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,583,6673
    2023£876,987 £2,355 6
    2022£5,779,8758
    2021£1,167,802 £10,441 4
    2020£3,571,4005
    2019£591,0005
    2018£1,125,2388
    2017£492,550 £1,541 10
    2016£7,414,1676
    2015£1,659,84613
    2014£5,190,7506
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£770,833 £3,074 3
    2023£762,500 £3,686 4
    2022£712,500 £3,895 6
    2021£983,634 £2,729 9
    2020£507,812 £2,675 8
    2019£432,861 £3,263 8
    2018£411,424 £2,970 12
    2017£509,333 £2,265 3
    2016£678,833 £2,591 9
    2015£489,359 £2,798 11
    2014£594,400 £2,695 4
    2013£614,990 £2,629 5
    2012£537,580 £2,575 5
    2011£423,520 £2,746 5
    2010£352,000 £2,963 4
    2009£332,625 £2,337 6
    2008£611,333 £2,690 4
    2007£519,867 £3,000 15
    2006£232,389 £2,783 9
    2005£202,250 £2,532 4
    2004£367,929 £2,874 7
    2003£327,778 £2,231 9
    2002£249,533 £1,781 15
    2001£265,925 £1,607 14
    2000£116,250 £1,268 10
    1999£106,260 £840 8
    1998£165,000 £1,128 14
    1997£141,045 £738 11
    1996£120,583 £996 12
    1995£66,438 £843 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£1,250,000 £3,298 1
    2017£260,000 £1,757 1
    2011£200,000 £2,667 1
    2009£238,000 £1,737 1
    2006£250,000 £1,689 1
    2005£202,500 £2,627 2
    2004£210,500 £2,611 2
    2001£73,250 £1,032 4
    1998£71,967 £1,006 3
    1997£75,000 £769 1
    1995£65,000 £439 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2016£315,000 £3,182 1
    2015£420,000 £2,222 1
    2011£125,000 £2,299 1
    2010£490,000 £3,411 1
    2009£342,5002
    2007£750,0001
    2006£450,000 £3,132 1
    2004£428,8751
    2003£176,500 £2,677 2
    2002£80,000 £1,429 1
    2000£480,0001
    1999£129,000 £169 2
    1998£155,000 £820 1
    1996£100,0001

    House Type in NE1 7RX area

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