Housing Market Analysis for NE1 8QB

Are you looking to understand NE1 8QB 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 8QB area, explore the NE1 8QB Area information page.
For comprehensive crime statistics in the NE1 8QB area, explore the NE1 8QB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE1 8QB postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE1 8QB 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 8QB

    See the table below for more details on the sold house prices in the NE1 8QB, Newcastle upon Tyne postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE1 8QB postcode. Properties currently for saleProperties currently for rent

    NE1 8QB Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE1 8QB 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 8QB postcode.

    • Flat
      • The average price is around £118,363 median price is £118,000 Standard Deviation is £61,912 with Total Sold: 627
      • The Last 5 Year average price is £163,486 with Total Sold: 87
      • 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 £4,543,940 median price is £1,115,000 Standard Deviation is £9,571,035 with Total Sold: 92
      • The Last 5 Year average price is £4,078,523 with Total Sold: 44
      • 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 , 38 - 40 LEAZES PARK ROAD: £350,000 (Sold on 22 Jan 2014)
    • Terraced
      • The average price is around £379,996 median price is £250,000 Standard Deviation is £389,999 with Total Sold: 174
      • The Last 5 Year average price is £708,003 with Total Sold: 31
      • 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 £193,995 median price is £131,000 Standard Deviation is £246,862 with Total Sold: 21
      • 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 £260,208 median price is £210,000 Standard Deviation is £207,353 with Total Sold: 9
      • 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 , 9 BRANDLING PARK: £40,000 (Sold on 03 Sep 1999)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£138,893 £2,529 9
    2023£167,500 £2,903 16
    2022£150,759 £2,722 22
    2021£157,200 £2,843 15
    2020£197,431 £2,668 13
    2019£170,996 £2,981 12
    2018£156,839 £2,356 14
    2017£162,016 £2,718 19
    2016£152,544 £2,593 13
    2015£150,844 £2,267 16
    2014£167,009 £2,584 23
    2013£135,443 £2,264 15
    2012£123,125 £2,344 12
    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£152,418 £2,658 19
    2006£144,387 £2,518 27
    2005£150,712 £2,534 20
    2004£163,242 £2,557 26
    2003£150,272 £2,558 23
    2002£112,559 £1,828 45
    2001£84,122 £1,352 27
    2000£68,456 £1,268 24
    1999£65,002 £1,081 44
    1998£61,021 £1,099 45
    1997£53,509 £826 33
    1996£50,339 £832 23
    1995£51,990 £870 30
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,170,2325
    2023£4,975,911 £2,355 9
    2022£5,185,4449
    2021£2,934,242 £10,441 5
    2020£5,928,1788
    2019£1,881,8758
    2018£4,122,19010
    2017£1,304,176 £1,541 8
    2016£14,850,2409
    2015£1,475,700 £903 15
    2014£5,190,7506
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£770,833 £3,074 3
    2023£733,333 £3,262 3
    2022£645,000 £3,804 5
    2021£983,634 £2,729 9
    2020£517,917 £2,486 6
    2019£450,078 £2,960 5
    2018£406,227 £2,482 7
    2017£250,000 £847 1
    2016£618,000 £2,238 7
    2015£526,994 £2,617 9
    2014£750,000 £2,296 2
    2013£643,750 £2,589 4
    2012£392,633 £2,096 3
    2011£383,150 £2,559 4
    2010£199,333 £2,612 3
    2009£333,150 £2,535 5
    2008£611,333 £2,690 4
    2007£561,111 £2,870 9
    2006£200,929 £2,647 7
    2005£181,000 £2,303 4
    2004£321,375 £2,402 4
    2003£293,125 £1,899 8
    2002£220,125 £1,690 12
    2001£264,829 £1,534 12
    2000£92,500 £1,065 7
    1999£85,016 £826 5
    1998£161,000 £864 7
    1997£100,714 £701 7
    1996£95,250 £850 8
    1995£54,250 £668 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
    1999£140,0001
    1998£95,380 £1,006 5
    1997£75,000 £769 1
    1995£65,000 £439 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2016£315,000 £3,182 1
    2011£125,000 £2,299 1
    2009£250,0001
    2007£750,0001
    2004£428,8751
    2003£176,500 £2,677 2
    2002£80,000 £1,429 1
    1999£40,000 £169 1

    House Type in NE1 8QB area

    The most common house types in the NE1 8QB 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 8QB 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