Housing Market Analysis for PORTLAND ROAD, NE2 1BU

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

Overview of Sold House prices

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

  • Other
    • The average price is around £19,540,000 median price is £19,540,000 Standard Deviation is £40,000 with Total Sold: 2
    • The most recent sale happened at this postcode is APARTMENT 11, ROSEDALE COURT PORTLAND ROAD: £19,500,000 (Sold on 01 Sep 2015)
    • The first recorded sale happened at this postcode is ROSEDALE COURT PORTLAND ROAD: £19,580,000 (Sold on 24 Aug 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 1BU 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
2015£19,540,0002

All the Sales in the PORTLAND ROAD, NE2 1BU

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

AddressSold DatePrice% Change
APARTMENT 11, ROSEDALE COURT PORTLAND ROADOther, Freehold01 Sep 2015£19,500,000First Sale
ROSEDALE COURT PORTLAND ROADOther, Freehold24 Aug 2015£19,580,000First Sale

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

PORTLAND ROAD, NE2 1BU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £163,720 median price is £131,000 Standard Deviation is £197,542 with Total Sold: 598
    • The Last 5 Year average price is £287,847 with Total Sold: 84
    • 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 £2,574,508 median price is £300,000 Standard Deviation is £6,591,045 with Total Sold: 130
    • The Last 5 Year average price is £2,941,398 with Total Sold: 68
    • 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 £106,216 median price is £100,000 Standard Deviation is £118,833 with Total Sold: 1,735
    • The Last 5 Year average price is £179,241 with Total Sold: 209
    • 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 £179,025 median price is £142,500 Standard Deviation is £114,069 with Total Sold: 51
    • The Last 5 Year average price is £258,500 with Total Sold: 4
    • 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 , 2 STRATFORD VILLAS: £81,250 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £194,312 median price is £157,500 Standard Deviation is £106,469 with Total Sold: 16
    • 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 , 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£238,567 £2,159 15
2022£207,639 £2,199 18
2021£489,612 £4,298 20
2020£219,397 £1,916 13
2019£237,146 £2,359 12
2018£256,514 £2,159 19
2017£289,556 £2,469 18
2016£216,853 £1,826 17
2015£230,689 £1,733 11
2014£174,275 £1,634 11
2013£202,444 £1,938 9
2012£207,750 £2,189 10
2011£204,059 £2,123 17
2010£200,715 £2,064 13
2009£203,068 £2,428 14
2008£172,857 £2,142 7
2007£204,791 £2,212 27
2006£172,235 £1,950 17
2005£200,028 £1,797 16
2004£190,558 £1,716 30
2003£136,304 £1,651 32
2002£120,932 £1,094 27
2001£111,522 £881 39
2000£85,580 £889 26
1999£70,424 £648 35
1998£66,383 £730 30
1997£59,332 £501 37
1996£60,628 £548 28
1995£64,269 £623 24
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£248,7754
2023£3,052,628 £228,094 13
2022£1,532,218 £5,569 14
2021£3,312,613 £10,646 17
2020£3,435,778 £195,497 9
2019£4,604,392 £78,346 11
2018£493,815 £1,516 20
2017£633,988 £6,790 17
2016£3,973,800 £2,336 14
2015£8,128,2867
2014£371,408 £645 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,000 £1,000 8
2023£150,513 £2,242 34
2022£164,000 £2,415 40
2021£262,334 £3,205 56
2020£138,215 £2,029 34
2019£133,243 £1,911 37
2018£119,853 £1,869 52
2017£132,394 £1,909 62
2016£125,082 £1,723 60
2015£128,197 £1,854 52
2014£120,492 £1,678 61
2013£115,632 £1,698 38
2012£107,604 £1,885 24
2011£107,349 £1,607 39
2010£110,866 £1,715 25
2009£122,590 £1,719 36
2008£128,021 £1,811 24
2007£175,120 £2,427 96
2006£124,264 £1,903 67
2005£124,755 £1,843 93
2004£135,256 £1,983 83
2003£89,012 £1,408 82
2002£81,364 £1,269 119
2001£55,928 £838 76
2000£55,615 £792 75
1999£51,310 £724 73
1998£48,851 £750 97
1997£42,054 £583 87
1996£37,784 £554 61
1995£36,918 £533 44
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£124,500 £2,042 2
2022£392,500 £3,452 2
2018£325,500 £2,077 3
2017£160,000 £2,712 1
2014£300,000 £2,158 1
2012£292,500 £2,214 2
2011£230,000 £1,701 1
2009£225,0001
2008£195,000 £3,250 1
2007£256,667 £2,868 3
2006£210,490 £1,389 5
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£178,500 £2,020 2
1998£54,167 £703 3
1997£69,5002
1996£93,750 £435 2
1995£70,625 £562 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£390,0001
2017£160,000 £2,078 1
2015£123,000 £1,597 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 1BU area

The most common house types in the NE2 1BU postcode area are Terraced (29), Flat (17), and Shared house (15).

Total65
Terraced29
Flat17
Shared house15
Semi-detached3
commercial building1
Detached0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (31), and Owned: Owns outright (16).

Private rented: Private landlord or letting agency31
Owned: Owns outright16
Owned: Owns with a mortgage or loan13
Social rented: Other social rented4
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 1BU have 2 people in household (21), and 3 people in household (13).

2 people in household21
3 people in household13
1 person in household10
4 people in household10
5 people in household9
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0