Housing Market Analysis for NE2 1BG

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE2 1BG 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 NE2 1BG

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

    AddressSold DatePrice% Change

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

    NE2 1BG Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £165,593 median price is £133,000 Standard Deviation is £205,951 with Total Sold: 546
      • The Last 5 Year average price is £291,721 with Total Sold: 80
      • The most recent sale happened at this postcode is , 21 STRATFORD GROVE TERRACE: £520,000 (Sold on 06 Sep 2024)
      • The first recorded sale happened at this postcode is , 77 HELMSLEY ROAD: £50,000 (Sold on 06 Jan 1995)
    • Other
      • The average price is around £2,664,469 median price is £337,500 Standard Deviation is £6,644,087 with Total Sold: 130
      • The Last 5 Year average price is £2,843,894 with Total Sold: 71
      • 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)
    • Flat
      • The average price is around £108,259 median price is £100,000 Standard Deviation is £121,016 with Total Sold: 1,690
      • The Last 5 Year average price is £186,000 with Total Sold: 200
      • The most recent sale happened at this postcode is FLAT 1, STERLING HOUSE, 3 OSBORNE TERRACE: £190,000 (Sold on 05 Jul 2024)
      • The first recorded sale happened at this postcode is , 49 AMBLE GROVE: £42,700 (Sold on 27 Jan 1995)
    • Semi-Detached
      • The average price is around £178,806 median price is £150,000 Standard Deviation is £104,851 with Total Sold: 41
      • 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 , 12 CHELMSFORD GROVE: £60,000 (Sold on 01 Dec 1995)
    • Detached
      • The average price is around £186,472 median price is £140,000 Standard Deviation is £102,801 with Total Sold: 18
      • The Last 5 Year average price is £256,250 with Total Sold: 2
      • The most recent sale happened at this postcode is , 204 SANDYFORD ROAD: £122,500 (Sold on 14 Sep 2023)
      • The first recorded sale happened at this postcode is , STEWART HOUSE GRANTHAM ROAD: £110,000 (Sold on 12 Apr 1995)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£228,833 £1,695 6
    2023£254,154 £2,096 13
    2022£205,658 £2,249 19
    2021£489,612 £4,298 20
    2020£232,116 £1,815 10
    2019£219,979 £2,274 12
    2018£261,604 £2,131 17
    2017£296,706 £2,534 17
    2016£211,656 £1,815 16
    2015£220,322 £1,719 8
    2014£186,625 £1,668 10
    2013£193,625 £1,957 8
    2012£215,278 £2,189 9
    2011£214,676 £2,195 17
    2010£195,527 £2,059 11
    2009£223,328 £2,715 9
    2008£170,333 £1,881 6
    2007£201,410 £2,324 24
    2006£177,858 £2,059 17
    2005£187,321 £1,776 17
    2004£190,213 £1,711 27
    2003£139,615 £1,779 28
    2002£123,045 £1,155 26
    2001£117,325 £938 32
    2000£85,618 £918 26
    1999£67,464 £636 37
    1998£62,858 £677 26
    1997£60,552 £510 28
    1996£61,138 £572 26
    1995£65,362 £626 24
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£248,7754
    2023£3,052,937 £228,136 13
    2022£1,471,737 £5,569 15
    2021£2,637,701 £10,009 22
    2020£3,847,750 £234,134 8
    2019£5,593,968 £129,475 9
    2018£538,459 £1,273 17
    2017£537,115 £6,790 16
    2016£4,855,943 £2,336 14
    2015£8,128,2867
    2014£367,126 £645 5
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£184,000 £1,000 9
    2023£155,057 £2,353 34
    2022£169,083 £2,527 38
    2021£289,374 £3,474 46
    2020£152,106 £2,064 37
    2019£136,326 £1,992 36
    2018£125,214 £1,925 49
    2017£139,531 £1,996 51
    2016£129,659 £1,746 50
    2015£130,744 £1,926 48
    2014£124,959 £1,760 57
    2013£119,586 £1,714 35
    2012£111,058 £2,010 26
    2011£109,731 £1,631 35
    2010£117,629 £1,894 24
    2009£126,098 £1,840 33
    2008£140,456 £1,890 24
    2007£179,589 £2,464 90
    2006£127,737 £1,976 61
    2005£131,390 £1,913 84
    2004£146,572 £2,126 79
    2003£93,929 £1,539 74
    2002£83,754 £1,334 127
    2001£60,344 £902 73
    2000£58,966 £823 79
    1999£52,723 £766 78
    1998£52,153 £803 105
    1997£43,718 £618 96
    1996£38,911 £575 66
    1995£38,715 £558 46
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£132,000 £2,200 1
    2022£250,0001
    2018£325,500 £2,077 3
    2017£160,000 £2,712 1
    2014£300,000 £2,158 1
    2012£292,500 £2,214 2
    2009£225,0001
    2008£195,000 £3,250 1
    2007£245,000 £2,868 2
    2006£226,650 £1,356 3
    2005£310,000 £1,387 2
    2004£128,167 £1,483 6
    2003£143,750 £1,838 4
    2002£123,983 £1,216 3
    2000£93,043 £1,061 3
    1999£315,000 £3,621 1
    1998£54,167 £703 3
    1997£65,0001
    1996£120,0001
    1995£60,000 £562 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£122,500 £1,167 1
    2022£390,0001
    2017£160,000 £2,078 1
    2015£123,000 £1,597 1
    2011£125,000 £2,299 1
    2007£265,0001
    2004£268,750 £1,857 4
    2003£191,667 £1,387 3
    2002£113,500 £927 2
    1999£115,0001
    1995£89,500 £507 2

    House Type in NE2 1BG area

    The most common house types in the NE2 1BG postcode area are Flat (115), Semi-detached (1), and Terraced (1).

    Total118
    Flat115
    Semi-detached1
    Terraced1
    commercial building1
    Detached0
    Shared house0
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (95), and Social rented: Other social rented (12).

    Social rented: Rents from council or Local Authority95
    Social rented: Other social rented12
    Lives rent free4
    Owned: Owns outright3
    Owned: Owns with a mortgage or loan2
    Private rented: Private landlord or letting agency2
    Does not apply0
    Shared ownership: Shared ownership0
    Private rented: Other private rented0

    Number of People in a Household

    The most houses in the NE2 1BG have 1 person in household (96), and 2 people in household (19).

    1 person in household96
    2 people in household19
    3 people in household3
    0 people in household0
    4 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0