Housing Market Analysis for NE2 3AX

Are you looking to understand NE2 3AX 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 3AX area, explore the NE2 3AX Area information page.
For comprehensive crime statistics in the NE2 3AX area, explore the NE2 3AX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE2 3AX postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE2 3AX 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 3AX

    See the table below for more details on the sold house prices in the NE2 3AX, Newcastle upon Tyne postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE2 3AX postcode. Properties currently for saleProperties currently for rent

    NE2 3AX Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE2 3AX 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 3AX postcode.

    • Flat
      • The average price is around £157,044 median price is £150,500 Standard Deviation is £115,039 with Total Sold: 3,255
      • The Last 5 Year average price is £252,747 with Total Sold: 447
      • The most recent sale happened at this postcode is , 49A OSBORNE ROAD: £267,000 (Sold on 03 Sep 2024)
      • The first recorded sale happened at this postcode is , 36A HOLLY AVENUE: £45,500 (Sold on 06 Jan 1995)
    • Semi-Detached
      • The average price is around £332,056 median price is £240,000 Standard Deviation is £358,754 with Total Sold: 226
      • The Last 5 Year average price is £865,226 with Total Sold: 21
      • The most recent sale happened at this postcode is , 3 BURDON PLACE: £1,050,000 (Sold on 23 Aug 2024)
      • The first recorded sale happened at this postcode is , 25 LARKSPUR TERRACE: £110,000 (Sold on 21 Feb 1995)
    • Detached
      • The average price is around £437,666 median price is £350,000 Standard Deviation is £360,771 with Total Sold: 119
      • The Last 5 Year average price is £871,944 with Total Sold: 18
      • 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 , 6 MISTLETOE ROAD: £117,000 (Sold on 21 Apr 1995)
    • Terraced
      • The average price is around £296,163 median price is £265,000 Standard Deviation is £211,215 with Total Sold: 1,611
      • The Last 5 Year average price is £520,166 with Total Sold: 222
      • The most recent sale happened at this postcode is , 48 LARKSPUR TERRACE: £576,000 (Sold on 10 Jul 2024)
      • The first recorded sale happened at this postcode is , 97 FERN AVENUE: £91,000 (Sold on 06 Jan 1995)
    • Other
      • The average price is around £1,224,531 median price is £352,525 Standard Deviation is £2,071,509 with Total Sold: 120
      • The Last 5 Year average price is £1,403,478 with Total Sold: 72
      • The most recent sale happened at this postcode is , 3 WEST JESMOND AVENUE: £355,000 (Sold on 27 Mar 2024)
      • The first recorded sale happened at this postcode is , 45 - 47 SANDERSON ROAD: £1,450,000 (Sold on 30 Aug 2013)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£234,783 £2,759 27
    2023£246,319 £3,044 62
    2022£259,175 £3,300 81
    2021£302,903 £3,674 123
    2020£216,771 £2,612 78
    2019£213,270 £2,793 76
    2018£215,621 £2,658 81
    2017£191,535 £2,537 111
    2016£205,601 £2,601 90
    2015£201,308 £2,565 105
    2014£192,197 £2,340 95
    2013£181,762 £2,254 66
    2012£181,489 £2,402 53
    2011£188,874 £2,189 52
    2010£188,450 £2,585 51
    2009£175,273 £2,198 61
    2008£196,615 £2,170 62
    2007£186,333 £2,574 121
    2006£190,559 £2,375 137
    2005£180,396 £2,342 149
    2004£185,922 £2,315 132
    2003£171,359 £2,229 146
    2002£136,130 £1,656 160
    2001£105,124 £1,300 186
    2000£100,275 £1,357 172
    1999£88,938 £1,116 187
    1998£76,651 £1,004 160
    1997£61,568 £757 168
    1996£55,452 £682 161
    1995£56,918 £635 102
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£797,833 £2,726 6
    2023£1,328,333 £3,979 3
    2022£1,730,000 £3,783 3
    2021£436,350 £3,081 5
    2020£815,0001
    2019£403,667 £2,254 3
    2018£556,010 £3,090 5
    2017£426,253 £2,574 9
    2016£393,750 £2,434 2
    2015£443,562 £2,502 4
    2014£841,564 £3,251 7
    2012£528,250 £3,160 2
    2011£509,600 £2,342 5
    2010£615,000 £1,468 3
    2009£328,857 £2,147 7
    2008£386,695 £1,685 4
    2007£350,938 £2,347 8
    2006£342,750 £1,887 16
    2005£250,500 £1,857 7
    2004£298,712 £1,983 13
    2003£328,409 £1,701 11
    2002£234,350 £1,639 10
    2001£211,717 £1,178 9
    2000£199,676 £1,578 10
    1999£131,407 £851 17
    1998£122,226 £758 21
    1997£127,125 £812 14
    1996£95,107 £782 14
    1995£115,607 £639 7
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£715,000 £4,822 4
    2023£800,000 £4,974 4
    2022£623,500 £1,825 2
    2021£1,136,667 £4,388 3
    2020£1,226,500 £3,988 2
    2019£841,667 £3,010 3
    2018£535,500 £3,299 2
    2017£1,234,500 £3,317 2
    2016£715,225 £2,882 3
    2015£466,667 £2,666 3
    2014£345,0001
    2012£538,350 £3,610 2
    2011£850,000 £2,795 1
    2010£545,000 £3,294 2
    2009£495,402 £2,963 5
    2008£598,333 £1,575 3
    2007£485,000 £2,795 1
    2006£455,917 £2,321 6
    2005£281,250 £1,820 4
    2004£360,857 £1,981 7
    2003£355,727 £1,913 11
    2002£345,271 £1,280 7
    2001£321,990 £1,565 5
    2000£286,643 £883 7
    1999£193,000 £864 5
    1998£275,061 £933 5
    1997£130,100 £1,290 5
    1996£138,568 £790 11
    1995£111,667 £641 3
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£501,589 £3,279 15
    2023£512,491 £3,450 49
    2022£647,993 £3,625 37
    2021£576,062 £3,434 52
    2020£404,384 £2,717 34
    2019£433,169 £2,869 35
    2018£378,565 £2,520 51
    2017£433,281 £2,631 32
    2016£453,427 £2,595 42
    2015£386,931 £2,438 36
    2014£361,900 £2,447 55
    2013£412,808 £2,443 30
    2012£419,427 £2,467 33
    2011£382,466 £2,788 29
    2010£362,476 £2,506 39
    2009£342,253 £2,465 36
    2008£338,883 £2,266 36
    2007£355,029 £2,408 65
    2006£313,726 £2,169 69
    2005£316,811 £2,127 51
    2004£301,171 £2,096 60
    2003£303,350 £2,028 68
    2002£243,205 £1,596 88
    2001£194,312 £1,225 92
    2000£162,610 £1,087 78
    1999£141,339 £948 101
    1998£127,474 £845 77
    1997£115,918 £713 79
    1996£103,566 £663 75
    1995£105,379 £627 67
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£272,500 £2,676 2
    2023£693,062 £9,120 8
    2022£2,536,833 £13,109 21
    2021£1,236,893 £11,300 14
    2020£1,861,111 £26,250 9
    2019£423,385 £1,979 18
    2018£346,367 £2,113 15
    2017£1,762,015 £39,549 17
    2016£592,000 £2,397 12
    2015£729,833 £20,334 3
    2013£1,450,0001

    House Type in NE2 3AX area

    The most common house types in the NE2 3AX postcode area are Terraced (65), Flat (44), and Shared house (36).

    Total153
    Terraced65
    Flat44
    Shared house36
    Semi-detached5
    commercial building2
    converted building1
    Detached0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (75), and Owned: Owns outright (27).

    Private rented: Private landlord or letting agency75
    Owned: Owns outright27
    Owned: Owns with a mortgage or loan26
    Social rented: Other social rented17
    Private rented: Other private rented7
    Social rented: Rents from council or Local Authority2
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE2 3AX have 1 person in household (59), and 2 people in household (38).

    1 person in household59
    2 people in household38
    3 people in household20
    4 people in household17
    7 people in household7
    6 people in household6
    5 people in household5
    8 or more people in household3
    0 people in household0