Housing Market Analysis for NE2 1BT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE2 1BT Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £130,616 median price is £118,800 Standard Deviation is £70,168 with Total Sold: 2,028
      • The Last 5 Year average price is £119,592 with Total Sold: 433
      • 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 , 136 HOTSPUR STREET: £27,300 (Sold on 28 Feb 1995)
    • Other
      • The average price is around £3,119,596 median price is £400,000 Standard Deviation is £6,660,677 with Total Sold: 111
      • The Last 5 Year average price is £2,947,101 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)
    • Terraced
      • The average price is around £143,440 median price is £130,000 Standard Deviation is £109,886 with Total Sold: 210
      • The Last 5 Year average price is £214,067 with Total Sold: 30
      • 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 , 77 HELMSLEY ROAD: £50,000 (Sold on 06 Jan 1995)
    • Semi-Detached
      • The average price is around £132,392 median price is £120,000 Standard Deviation is £69,703 with Total Sold: 19
      • 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 £217,072 median price is £157,500 Standard Deviation is £127,747 with Total Sold: 20
      • 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: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£164,333 £2,079 9
    2023£158,687 £2,412 30
    2022£176,186 £2,467 38
    2021£149,437 £2,090 54
    2020£97,785 £3,798 163
    2019£106,761 £3,711 139
    2018£141,049 £2,197 45
    2017£145,132 £2,182 74
    2016£155,480 £2,182 77
    2015£146,075 £2,108 67
    2014£122,953 £1,828 55
    2013£126,386 £1,926 37
    2012£126,619 £2,015 35
    2011£125,332 £1,787 30
    2010£137,419 £1,874 35
    2009£145,230 £2,186 21
    2008£180,676 £1,956 31
    2007£180,867 £2,467 98
    2006£173,569 £2,820 194
    2005£142,529 £1,922 69
    2004£166,401 £2,228 71
    2003£164,910 £2,342 144
    2002£108,615 £1,241 87
    2001£125,860 £927 96
    2000£99,547 £1,428 81
    1999£66,134 £639 49
    1998£74,598 £538 89
    1997£52,354 £533 60
    1996£34,722 £518 25
    1995£35,674 £514 25
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£248,7754
    2023£4,186,909 £449,486 11
    2022£1,049,722 £4,739 9
    2021£4,790,871 £14,074 13
    2020£5,004,833 £292,213 6
    2019£1,106,800 £17,631 12
    2018£2,604,009 £1,995 14
    2017£732,908 £7,395 13
    2016£4,660,441 £1,981 17
    2015£9,249,6676
    2014£579,205 £645 6
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£90,000 £1,200 2
    2023£283,857 £2,800 7
    2022£189,667 £2,281 9
    2021£245,800 £2,103 5
    2020£202,125 £2,223 4
    2019£170,167 £1,724 3
    2018£187,825 £2,024 8
    2017£250,815 £2,204 17
    2016£175,290 £1,897 5
    2015£204,826 £2,059 9
    2014£132,464 £1,713 7
    2013£132,000 £2,175 2
    2012£182,500 £2,267 4
    2011£218,000 £2,714 6
    2010£230,000 £3,021 1
    2009£195,612 £1,767 4
    2008£122,333 £1,400 3
    2007£122,490 £1,874 5
    2006£154,167 £1,854 6
    2005£154,667 £1,255 3
    2004£147,161 £1,598 14
    2003£132,958 £1,499 13
    2002£92,072 £1,063 10
    2001£106,871 £844 12
    2000£47,429 £682 7
    1999£53,711 £653 9
    1998£46,750 £590 6
    1997£57,817 £459 10
    1996£49,269 £529 13
    1995£49,583 £715 6
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£132,000 £2,200 1
    2022£250,0001
    2017£160,000 £2,712 1
    2009£225,0001
    2007£245,000 £2,868 2
    2005£95,000 £1,387 1
    2004£103,000 £1,309 3
    2003£141,667 £1,838 3
    2002£99,950 £1,694 1
    2000£70,000 £1,061 1
    1999£42,000 £420 1
    1998£48,750 £1,000 2
    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£124,000 £927 3
    1999£101,1503
    1998£45,0001

    House Type in NE2 1BT area

    The most common house types in the NE2 1BT 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 1BT 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