Housing Market Analysis for NE1 7RZ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 7RZ Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE1 7RZ 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 7RZ 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 £127,935 median price is £125,000 Standard Deviation is £68,267 with Total Sold: 967
      • The Last 5 Year average price is £152,185 with Total Sold: 131
      • 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 £4,192,249 median price is £1,110,000 Standard Deviation is £8,777,659 with Total Sold: 194
      • The Last 5 Year average price is £3,872,564 with Total Sold: 100
      • 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 , 23 PUDDING CHARE: £744,000 (Sold on 08 Nov 2013)
    • Terraced
      • The average price is around £272,940 median price is £220,000 Standard Deviation is £262,530 with Total Sold: 134
      • 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£145,982 £2,669 31
    2021£170,804 £2,716 23
    2020£160,422 £2,359 18
    2019£149,632 £2,705 22
    2018£161,127 £2,402 22
    2017£163,170 £2,614 30
    2016£149,262 £2,499 30
    2015£144,574 £2,517 26
    2014£156,560 £2,392 21
    2013£136,837 £2,340 24
    2012£122,432 £2,274 22
    2011£125,232 £2,414 17
    2010£138,198 £2,272 19
    2009£140,982 £2,225 22
    2008£178,068 £2,712 11
    2007£162,290 £2,822 29
    2006£137,845 £2,318 54
    2005£152,588 £2,510 64
    2004£165,705 £2,608 33
    2003£148,875 £2,375 56
    2002£150,148 £1,833 119
    2001£72,740 £1,332 39
    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£7,909,784 £2,355 18
    2022£3,536,51923
    2021£2,959,4759
    2020£3,187,99521
    2019£2,357,71120
    2018£3,203,619 £31,385 21
    2017£2,229,072 £188 16
    2016£7,055,867 £37,628 26
    2015£3,388,816 £903 17
    2014£2,902,950 £16,577 11
    2013£16,701,3333
    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£172,090 £1,375 5
    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 7RZ area

    The most common house types in the NE1 7RZ postcode area are Flat (94), Shared house (9), and commercial building (7).

    Total116
    Flat94
    Shared house9
    commercial building7
    converted building4
    Detached1
    Terraced1
    Semi-detached0
    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 Owned: Owns outright (10).

    Private rented: Private landlord or letting agency95
    Owned: Owns outright10
    Owned: Owns with a mortgage or loan5
    Social rented: Other social rented3
    Social rented: Rents from council or Local Authority2
    Shared ownership: Shared ownership1
    Private rented: Other private rented1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE1 7RZ have 1 person in household (51), and 2 people in household (39).

    1 person in household51
    2 people in household39
    3 people in household13
    4 people in household8
    5 people in household4
    6 people in household3
    0 people in household0
    7 people in household0
    8 or more people in household0