Housing Market Analysis for NE1 8TW

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE1 8TW Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £141,017 median price is £135,000 Standard Deviation is £72,037 with Total Sold: 902
      • The Last 5 Year average price is £155,930 with Total Sold: 99
      • 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 , 7 THE CHARE: £39,000 (Sold on 13 Feb 1995)
    • Other
      • The average price is around £4,252,747 median price is £1,612,500 Standard Deviation is £8,289,870 with Total Sold: 158
      • The Last 5 Year average price is £3,829,600 with Total Sold: 79
      • 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 , TIME CENTRAL, 32 GALLOWGATE: £24,680,000 (Sold on 21 Nov 2013)
    • Terraced
      • The average price is around £321,539 median price is £215,000 Standard Deviation is £312,499 with Total Sold: 172
      • The Last 5 Year average price is £509,103 with Total Sold: 34
      • 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 , 36 CHESTER STREET: £49,000 (Sold on 01 Mar 1995)
    • Detached
      • The average price is around £223,517 median price is £246,665 Standard Deviation is £120,525 with Total Sold: 12
      • The Last 5 Year average price is £390,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 158 NEW BRIDGE STREET: £390,000 (Sold on 31 Mar 2022)
      • The first recorded sale happened at this postcode is , 20 THE OPEN: £80,000 (Sold on 21 Jan 2002)
    • Semi-Detached
      • The average price is around £173,457 median price is £127,500 Standard Deviation is £167,817 with Total Sold: 14
      • The most recent sale happened at this postcode is , 26 TERRACE PLACE: £238,000 (Sold on 13 Jun 2009)
      • The first recorded sale happened at this postcode is , 24 ST THOMAS CRESCENT: £68,000 (Sold on 04 Mar 1998)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£131,393 £2,506 9
    2023£163,062 £2,748 16
    2022£150,577 £2,434 22
    2021£162,218 £2,427 22
    2020£178,807 £2,338 15
    2019£138,797 £2,778 15
    2018£146,427 £2,114 24
    2017£178,096 £2,444 24
    2016£151,003 £2,252 24
    2015£140,370 £1,953 23
    2014£144,226 £2,161 29
    2013£135,171 £2,207 21
    2012£131,794 £2,177 17
    2011£130,675 £2,168 14
    2010£154,342 £2,193 17
    2009£158,200 £2,306 15
    2008£179,381 £2,464 13
    2007£157,711 £2,461 33
    2006£174,730 £2,418 43
    2005£155,440 £2,518 34
    2004£163,533 £2,616 43
    2003£169,669 £2,377 192
    2002£180,291 £1,731 55
    2001£83,048 £1,339 21
    2000£65,748 £1,239 22
    1999£65,037 £1,057 33
    1998£63,742 £1,120 39
    1997£53,708 £874 26
    1996£45,884 £808 19
    1995£49,157 £858 22
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,439,6857
    2023£6,180,351 £671,829 15
    2022£3,846,97415
    2021£2,240,702 £2,366 10
    2020£4,219,381 £1,151,304 17
    2019£2,727,61415
    2018£3,711,069 £60,581 20
    2017£2,889,311 £19,762 15
    2016£9,101,346 £37,628 16
    2015£1,332,52917
    2014£3,800,0099
    2013£24,680,0002
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£770,833 £3,074 3
    2023£458,571 £2,837 7
    2022£458,571 £3,214 7
    2021£672,929 £2,887 7
    2020£427,500 £2,026 5
    2019£345,800 £2,287 5
    2018£334,969 £2,258 10
    2017£237,500 £1,934 2
    2016£611,200 £2,136 5
    2015£556,000 £2,144 5
    2014£750,000 £2,296 2
    2013£557,000 £2,365 5
    2012£110,000 £1,757 1
    2011£353,500 £2,103 4
    2010£270,000 £2,611 1
    2009£380,000 £2,136 3
    2008£771,944 £2,564 3
    2007£486,167 £2,267 9
    2006£218,083 £2,272 6
    2005£180,000 £2,303 2
    2004£281,100 £1,979 5
    2003£214,632 £1,438 12
    2002£191,295 £1,198 11
    2001£269,829 £1,369 12
    2000£81,062 £898 8
    1999£84,116 £718 5
    1998£138,167 £638 9
    1997£62,031 £475 8
    1996£69,900 £690 5
    1995£54,800 £448 5
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£390,0001
    2016£315,000 £3,182 1
    2011£206,110 £2,299 3
    2009£250,0001
    2005£35,0001
    2004£428,8751
    2003£143,000 £2,554 1
    2002£167,333 £1,101 3
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2009£238,000 £1,737 1
    2006£165,000 £948 1
    2005£202,500 £2,627 2
    2004£158,500 £2,611 3
    2001£69,667 £1,089 3
    1998£233,975 £1,006 4

    House Type in NE1 8TW area

    The most common house types in the NE1 8TW postcode area are Flat (66), Shared house (7), and converted building (6).

    Total87
    Flat66
    Shared house7
    converted building6
    commercial building4
    Semi-detached2
    Detached1
    temporary structure1
    Terraced0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (65), and Social rented: Other social rented (9).

    Private rented: Private landlord or letting agency65
    Social rented: Other social rented9
    Owned: Owns with a mortgage or loan5
    Owned: Owns outright3
    Private rented: Other private rented2
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE1 8TW have 1 person in household (41), and 2 people in household (28).

    1 person in household41
    2 people in household28
    4 people in household8
    3 people in household7
    6 people in household1
    8 or more people in household1
    0 people in household0
    5 people in household0
    7 people in household0