Housing Market Analysis for UNION STREET, NE2 1BP

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

Overview of Sold House prices

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

  • Other
    • The average price is around £1,900,000 median price is £1,900,000 Standard Deviation is £1,500,000 with Total Sold: 2
    • The Last 5 Year average price is £400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 3, MALING COURT UNION STREET: £400,000 (Sold on 03 Feb 2022)
    • The first recorded sale happened at this postcode is UNIT 1, MALING COURT UNION STREET: £3,400,000 (Sold on 18 Oct 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 1BP 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£400,0001
2016£3,400,0001

All the Sales in the UNION STREET, NE2 1BP

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

AddressSold DatePrice% Change
UNIT 3, MALING COURT UNION STREETOther, Freehold03 Feb 2022£400,000First Sale
UNIT 1, MALING COURT UNION STREETOther, Leasehold18 Oct 2016£3,400,000First Sale

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

UNION STREET, NE2 1BP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £155,171 median price is £131,500 Standard Deviation is £118,790 with Total Sold: 232
    • The Last 5 Year average price is £233,043 with Total Sold: 35
    • 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)
  • Flat
    • The average price is around £127,281 median price is £115,000 Standard Deviation is £68,967 with Total Sold: 1,987
    • The Last 5 Year average price is £120,237 with Total Sold: 435
    • The most recent sale happened at this postcode is 4, HIGH QUAY CITY ROAD: £171,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 136 HOTSPUR STREET: £27,300 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £3,121,160 median price is £369,800 Standard Deviation is £6,696,905 with Total Sold: 110
    • The Last 5 Year average price is £2,974,285 with Total Sold: 55
    • 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)
  • Semi-Detached
    • The average price is around £138,358 median price is £125,500 Standard Deviation is £74,297 with Total Sold: 24
    • 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 £222,866 median price is £160,000 Standard Deviation is £128,479 with Total Sold: 19
    • The Last 5 Year average price is £405,000 with Total Sold: 2
    • 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 UNIT 1, OUSEBURN HOUSE, 7 - 17 LIME STREET: £45,000 (Sold on 23 Oct 1998)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£233,333 £1,200 3
2023£266,643 £2,662 7
2022£189,667 £2,281 9
2021£262,000 £2,107 7
2020£250,700 £2,246 5
2019£198,875 £1,568 4
2018£217,407 £2,143 9
2017£250,815 £2,204 17
2016£233,064 £1,854 7
2015£204,826 £2,059 9
2014£163,139 £1,674 9
2013£183,500 £1,811 4
2012£206,667 £2,778 3
2011£221,143 £2,423 7
2010£272,433 £2,280 3
2009£195,612 £1,767 4
2008£122,333 £1,400 3
2007£140,408 £1,874 6
2006£154,167 £1,854 6
2005£154,667 £1,255 3
2004£166,183 £1,786 15
2003£128,265 £1,400 13
2002£98,589 £1,208 11
2001£95,611 £463 9
2000£53,125 £682 8
1999£59,945 £653 11
1998£60,139 £844 9
1997£66,420 £533 11
1996£52,577 £529 13
1995£62,071 £768 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£164,444 £2,016 9
2023£156,816 £2,425 32
2022£179,104 £2,467 39
2021£149,550 £2,065 52
2020£98,040 £3,811 163
2019£107,592 £3,700 140
2018£135,219 £2,216 42
2017£146,299 £2,214 72
2016£146,798 £1,944 72
2015£146,564 £2,148 75
2014£123,857 £1,746 53
2013£126,294 £1,960 35
2012£127,100 £1,941 32
2011£129,241 £1,820 33
2010£136,931 £1,891 34
2009£146,392 £2,189 20
2008£174,826 £1,803 29
2007£168,057 £2,277 88
2006£164,789 £2,763 157
2005£140,478 £1,882 68
2004£164,464 £2,183 71
2003£164,514 £2,319 145
2002£107,983 £1,236 89
2001£122,838 £919 101
2000£99,998 £1,436 80
1999£66,129 £634 49
1998£73,148 £548 93
1997£52,270 £523 62
1996£34,430 £524 28
1995£35,431 £504 24
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£248,7754
2023£4,212,598 £449,486 12
2022£1,049,722 £4,739 9
2021£4,940,111 £14,074 12
2020£5,004,833 £292,213 6
2019£1,106,800 £17,631 12
2018£2,295,651 £1,336 16
2017£732,908 £7,395 13
2016£5,075,367 £2,048 15
2015£9,249,6676
2014£371,046 £645 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£132,000 £2,200 1
2022£250,0001
2017£160,000 £2,712 1
2012£275,000 £1,839 1
2009£225,0001
2007£245,000 £2,868 2
2006£249,950 £1,671 1
2005£95,000 £1,387 1
2004£103,000 £1,309 3
2003£141,667 £1,838 3
2002£115,475 £1,163 2
2000£77,090 £1,061 2
1999£42,000 £420 1
1998£48,750 £1,000 2
1997£65,0001
1996£120,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£390,0001
2020£420,000 £2,838 1
2018£400,000 £2,703 1
2017£160,000 £2,078 1
2016£350,000 £2,365 1
2015£228,000 £1,924 2
2007£265,0001
2004£280,000 £1,364 3
2003£170,000 £1,490 2
2002£132,500 £1,081 2
1999£101,1503
1998£45,0001

House Type in NE2 1BP area

The most common house types in the NE2 1BP postcode area are Flat (54), converted building (2), and commercial building (2).

Total61
Flat54
converted building2
commercial building2
Detached1
Semi-detached1
Shared house1
Terraced0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (35), and Social rented: Rents from council or Local Authority (18).

Private rented: Private landlord or letting agency35
Social rented: Rents from council or Local Authority18
Owned: Owns with a mortgage or loan3
Owned: Owns outright2
Social rented: Other social rented2
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 1BP have 1 person in household (22), and 2 people in household (12).

1 person in household22
2 people in household12
3 people in household10
4 people in household10
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0