Housing Market Analysis for PORTLAND TERRACE, NE2 1QS

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £115,667 median price is £115,667 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, 24 PORTLAND TERRACE: £115,667 (Sold on 03 May 2002)
    • The first recorded sale happened at this postcode is 2, 24 PORTLAND TERRACE: £115,667 (Sold on 03 May 2002)
  • Terraced
    • The average price is around £85,000 median price is £75,000 Standard Deviation is £33,417 with Total Sold: 3
    • The most recent sale happened at this postcode is 24 PORTLAND TERRACE: £130,000 (Sold on 16 Mar 2001)
    • The first recorded sale happened at this postcode is 29 PORTLAND TERRACE: £50,000 (Sold on 05 Oct 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 1QS 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£115,6671
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£130,0001
1998£62,5002

All the Sales in the PORTLAND TERRACE, NE2 1QS

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

AddressSold DatePrice% Change
2, 24 PORTLAND TERRACEFlat, Leasehold03 May 2002£115,667First Sale
24 PORTLAND TERRACETerraced, Freehold16 Mar 2001£130,000First Sale
30 - 32 PORTLAND TERRACETerraced, Freehold04 Nov 1998£75,000First Sale
29 PORTLAND TERRACETerraced, Freehold05 Oct 1998£50,000First Sale

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

PORTLAND TERRACE, NE2 1QS Near By properties

Interactive Map

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

  • Flat
    • The average price is around £139,004 median price is £122,000 Standard Deviation is £122,144 with Total Sold: 2,292
    • The Last 5 Year average price is £234,199 with Total Sold: 352
    • The most recent sale happened at this postcode is , 7 SLOANE COURT: £160,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 53 GREYSTOKE AVENUE: £43,500 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £360,218 median price is £220,000 Standard Deviation is £341,243 with Total Sold: 69
    • The Last 5 Year average price is £454,450 with Total Sold: 10
    • The most recent sale happened at this postcode is , 41 ESKDALE TERRACE: £655,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 49 SANDYFORD PARK: £60,000 (Sold on 16 Jan 1995)
  • Terraced
    • The average price is around £245,720 median price is £160,000 Standard Deviation is £266,553 with Total Sold: 671
    • The Last 5 Year average price is £420,272 with Total Sold: 110
    • The most recent sale happened at this postcode is FLAT 6, 7 OSBORNE TERRACE: £205,000 (Sold on 31 Jul 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 £377,380 median price is £254,500 Standard Deviation is £485,825 with Total Sold: 72
    • The Last 5 Year average price is £944,364 with Total Sold: 11
    • The most recent sale happened at this postcode is 1, THORNLEIGH HOUSE CLAYTON ROAD: £1,250,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 12 CHELMSFORD GROVE: £60,000 (Sold on 01 Dec 1995)
  • Other
    • The average price is around £2,394,961 median price is £370,000 Standard Deviation is £5,832,511 with Total Sold: 113
    • The Last 5 Year average price is £2,605,116 with Total Sold: 59
    • The most recent sale happened at this postcode is , 168 DONCASTER ROAD: £152,500 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is FLAT 10, BARKER HOUSE SHIELD STREET: £835,000 (Sold on 24 Mar 2014)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£194,223 £2,644 22
2023£238,371 £2,566 81
2022£237,876 £2,720 78
2021£296,029 £3,473 82
2020£192,116 £2,220 46
2019£167,231 £2,320 43
2018£149,941 £2,200 64
2017£174,421 £2,239 67
2016£166,545 £2,247 59
2015£159,918 £2,135 65
2014£170,359 £2,088 74
2013£151,158 £2,032 46
2012£157,097 £2,298 36
2011£132,948 £1,835 46
2010£135,489 £2,148 31
2009£142,672 £2,052 45
2008£166,866 £2,072 34
2007£195,915 £2,631 108
2006£161,232 £2,235 96
2005£161,752 £2,242 112
2004£170,942 £2,414 96
2003£126,311 £1,801 86
2002£110,429 £1,501 145
2001£83,615 £1,097 121
2000£80,182 £1,072 98
1999£78,848 £1,028 130
1998£57,786 £860 116
1997£55,633 £747 118
1996£48,900 £646 84
1995£53,846 £696 63
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£655,0001
2023£686,250 £3,873 2
2022£410,000 £1,825 1
2021£172,500 £3,166 2
2020£198,500 £3,097 2
2019£682,500 £3,289 2
2017£1,225,000 £3,901 1
2016£1,500,000 £3,836 1
2015£316,500 £2,387 2
2014£265,500 £3,321 2
2012£723,750 £2,782 2
2011£190,000 £2,184 2
2010£490,000 £3,411 1
2009£655,003 £2,862 3
2008£900,000 £2,587 2
2007£410,000 £3,525 3
2006£285,667 £2,745 3
2005£570,000 £1,815 1
2004£281,000 £2,643 5
2003£184,143 £1,730 7
2002£292,833 £1,056 6
2001£366,667 £1,567 3
1999£125,450 £790 5
1998£334,652 £820 2
1997£125,000 £1,506 1
1996£117,625 £938 4
1995£79,667 £789 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£479,666 £2,825 8
2023£304,423 £2,332 13
2022£409,732 £2,861 28
2021£547,675 £4,523 27
2020£355,104 £2,026 16
2019£360,758 £2,775 18
2018£351,374 £2,471 23
2017£325,438 £2,796 16
2016£391,196 £2,134 23
2015£447,778 £2,344 18
2014£384,260 £2,298 10
2013£420,772 £2,389 9
2012£300,864 £2,190 11
2011£255,912 £2,298 17
2010£228,077 £2,300 13
2009£325,612 £2,525 13
2008£335,100 £2,107 10
2007£349,046 £2,518 40
2006£219,152 £2,343 17
2005£239,475 £1,964 21
2004£251,384 £1,993 28
2003£184,344 £1,970 27
2002£194,269 £1,439 36
2001£128,113 £1,000 40
2000£105,915 £1,096 29
1999£90,020 £755 40
1998£76,300 £759 34
1997£76,588 £618 33
1996£71,778 £684 28
1995£72,376 £665 25
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,250,0001
2023£1,407,500 £6,506 2
2022£1,212,500 £3,341 4
2021£129,000 £3,146 1
2020£400,000 £3,101 1
2019£472,000 £3,410 2
2018£280,375 £2,162 4
2017£160,000 £2,712 1
2015£525,000 £2,871 3
2014£300,000 £2,158 1
2012£310,000 £2,589 1
2011£783,0001
2009£316,333 £2,648 3
2008£168,250 £3,250 2
2007£333,328 £3,161 9
2006£178,333 £1,652 3
2005£525,0001
2004£164,900 £1,600 5
2003£345,071 £3,000 7
2002£201,983 £1,507 3
2001£684,0002
2000£192,503 £2,890 4
1999£186,750 £2,306 2
1998£124,333 £703 3
1997£56,975 £1,009 2
1996£94,6673
1995£60,000 £562 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£5,657,084 £340,605 6
2022£1,302,296 £6,329 12
2021£750,712 £10,096 24
2020£4,336,889 £292,478 9
2019£5,885,342 £129,475 8
2018£881,000 £1,524 11
2017£1,085,375 £7,194 20
2016£1,960,528 £1,645 10
2015£6,665,5569
2014£1,483,750 £1,282 4

House Type in NE2 1QS area

The most common house types in the NE2 1QS postcode area are Flat (114), Shared house (60), and converted building (5).

Total188
Flat114
Shared house60
converted building5
Semi-detached4
Terraced3
Detached2
commercial 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 (157), and Social rented: Rents from council or Local Authority (11).

Private rented: Private landlord or letting agency157
Social rented: Rents from council or Local Authority11
Owned: Owns with a mortgage or loan7
Private rented: Other private rented7
Social rented: Other social rented5
Owned: Owns outright3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE2 1QS have 2 people in household (71), and 1 person in household (44).

2 people in household71
1 person in household44
3 people in household40
4 people in household19
5 people in household7
6 people in household6
8 or more people in household3
0 people in household0
7 people in household0