Housing Market Analysis for UNION STREET, NE2 1AH

Are you looking to understand NE2 1AH 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 NE2 1AH area, explore the NE2 1AH Area information page.
For comprehensive crime statistics in the NE2 1AH area, explore the NE2 1AH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE2 1AH postcode area, The average prices are as follows,

  • Other
    • The average price is around £3,964,969 median price is £6,250,000 Standard Deviation is £2,817,795 with Total Sold: 5
    • The Last 5 Year average price is £4,692,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 1B UNION STREET: £6,250,000 (Sold on 25 Feb 2022)
    • The first recorded sale happened at this postcode is 50 - 54 UNION STREET: £1,056,847 (Sold on 12 Jul 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 1AH 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.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£6,250,0003
2019£18,0001
2017£1,056,8471

All the Sales in the UNION STREET, NE2 1AH

See the table below for more details on the sold house prices in the NE2 1AH, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
1B UNION STREETOther, Leasehold25 Feb 2022£6,250,0000.0
25 Feb 2022£6,250,0000.0
25 Feb 2022£6,250,000First Sale
A1-A3 UNION STREETOther, Leasehold23 Jul 2019£18,000First Sale
50 - 54 UNION STREETOther, Freehold12 Jul 2017£1,056,847First Sale

Check out the sold house prices near the NE2 1AH postcode. Properties currently for saleProperties currently for rent

UNION STREET, NE2 1AH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE2 1AH 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 NE2 1AH postcode.

  • Flat
    • The average price is around £142,317 median price is £129,950 Standard Deviation is £68,731 with Total Sold: 1,790
    • The Last 5 Year average price is £115,076 with Total Sold: 391
    • The most recent sale happened at this postcode is FLAT 5, MARINERS WHARF : £227,500 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 22 MILKMARKET: £64,000 (Sold on 17 Jan 1995)
  • Other
    • The average price is around £3,546,911 median price is £597,500 Standard Deviation is £6,801,506 with Total Sold: 104
    • The Last 5 Year average price is £3,468,314 with Total Sold: 46
    • The most recent sale happened at this postcode is , MEDIA 4 MEDIA EXCHANGE COQUET STREET: £620,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 10, BARKER HOUSE SHIELD STREET: £835,000 (Sold on 24 Mar 2014)
  • Terraced
    • The average price is around £147,122 median price is £130,000 Standard Deviation is £127,147 with Total Sold: 125
    • The Last 5 Year average price is £222,139 with Total Sold: 18
    • The most recent sale happened at this postcode is , 30 COPLAND TERRACE: £90,000 (Sold on 04 Apr 2024)
    • The first recorded sale happened at this postcode is , 36 CHESTER STREET: £49,000 (Sold on 01 Mar 1995)
  • Semi-Detached
    • The average price is around £163,250 median price is £153,750 Standard Deviation is £79,027 with Total Sold: 10
    • The Last 5 Year average price is £191,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 37 RED BARNS: £132,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is , 186 PORTLAND ROAD: £120,000 (Sold on 17 Apr 1996)
  • Detached
    • The average price is around £171,918 median price is £145,000 Standard Deviation is £103,622 with Total Sold: 19
    • 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 , 8 MILKMARKET: £81,000 (Sold on 31 Jan 1997)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£161,636 £2,131 11
2023£155,440 £2,412 25
2022£169,920 £2,457 32
2021£149,176 £1,971 37
2020£94,072 £3,907 154
2019£105,201 £3,811 132
2018£145,104 £2,276 41
2017£147,377 £2,341 49
2016£154,273 £2,313 59
2015£142,515 £2,184 67
2014£128,558 £1,992 52
2013£130,403 £2,048 38
2012£136,593 £2,193 28
2011£108,007 £1,949 47
2010£139,909 £2,106 33
2009£151,254 £2,291 21
2008£194,591 £2,343 38
2007£201,887 £2,853 80
2006£177,168 £3,007 202
2005£157,249 £2,951 120
2004£171,683 £2,566 68
2003£176,968 £2,660 130
2002£129,940 £1,573 59
2001£147,889 £1,145 75
2000£129,032 £1,970 53
1999£98,749 £907 21
1998£86,703 £626 67
1997£70,681 £806 32
1996£36,306 £613 8
1995£61,955 £776 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£248,7754
2023£4,577,000 £672,210 10
2022£1,303,571 £9,239 7
2021£6,068,683 £16,302 10
2020£5,004,833 £292,213 6
2019£1,437,389 £21,576 9
2018£3,538,822 £1,018 14
2017£1,562,697 £12,726 13
2016£4,655,853 £1,914 17
2015£8,121,1437
2014£497,176 £645 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,000 £1,200 2
2023£277,000 £2,558 6
2022£206,800 £1,946 5
2021£308,5002
2020£130,000 £1,625 1
2019£187,750 £1,724 2
2018£185,433 £1,994 6
2017£356,400 £1,815 5
2016£200,000 £1,329 2
2015£189,645 £1,981 4
2014£133,812 £1,762 4
2013£210,000 £1,694 1
2012£185,000 £1,757 3
2011£176,900 £1,503 5
2009£297,0001
2007£151,090 £1,804 5
2006£177,100 £1,487 5
2005£178,000 £966 2
2004£150,523 £1,487 11
2003£103,953 £1,455 10
2002£114,025 £1,101 6
2001£114,645 £897 10
2000£40,625 £473 4
1999£55,667 £569 3
1998£45,917 £529 6
1997£57,000 £341 6
1996£48,000 £525 6
1995£49,500 £461 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£132,000 £2,200 1
2022£250,0001
2009£225,0001
2007£300,0001
2006£185,000 £2,027 2
2004£98,500 £1,583 2
1998£38,5001
1996£120,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£390,0001
2017£160,000 £2,078 1
2015£123,000 £1,597 1
2011£165,000 £2,339 1
2007£265,0001
2006£172,000 £2,457 1
2004£280,000 £1,364 3
2003£175,0002
2002£124,000 £927 3
1999£101,1503
1998£45,0001
1997£81,0001

House Type in NE2 1AH area

The most common house types in the NE2 1AH postcode area are Flat (45), converted building (8), and Terraced (5).

Total68
Flat45
converted building8
Terraced5
Semi-detached4
Detached3
Shared house2
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (47), and Private rented: Private landlord or letting agency (9).

Social rented: Other social rented47
Private rented: Private landlord or letting agency9
Owned: Owns with a mortgage or loan7
Owned: Owns outright6
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE2 1AH have 1 person in household (48), and 2 people in household (18).

1 person in household48
2 people in household18
3 people in household2
4 people in household2
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0