Housing Market Analysis for NE2 3BU

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE2 3BU Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £150,777 median price is £145,562 Standard Deviation is £116,096 with Total Sold: 2,278
      • The Last 5 Year average price is £255,723 with Total Sold: 286
      • 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 £303,374 median price is £227,500 Standard Deviation is £244,069 with Total Sold: 110
      • The Last 5 Year average price is £677,705 with Total Sold: 10
      • 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)
    • Terraced
      • The average price is around £305,712 median price is £260,000 Standard Deviation is £213,785 with Total Sold: 1,051
      • The Last 5 Year average price is £524,892 with Total Sold: 160
      • 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 , 22 CLAYTON PARK SQUARE: £75,000 (Sold on 06 Jan 1995)
    • Detached
      • The average price is around £311,439 median price is £274,000 Standard Deviation is £197,957 with Total Sold: 47
      • The Last 5 Year average price is £599,000 with Total Sold: 3
      • The most recent sale happened at this postcode is , 29 BRENTWOOD AVENUE: £190,000 (Sold on 21 Jun 2024)
      • The first recorded sale happened at this postcode is , 6 MISTLETOE ROAD: £117,000 (Sold on 21 Apr 1995)
    • Other
      • The average price is around £1,234,641 median price is £340,000 Standard Deviation is £2,174,772 with Total Sold: 95
      • The Last 5 Year average price is £1,381,046 with Total Sold: 61
      • 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£231,192 £2,662 19
    2023£265,515 £3,037 33
    2022£266,974 £3,444 52
    2021£307,792 £3,781 85
    2020£205,695 £2,628 49
    2019£205,377 £2,773 48
    2018£209,342 £2,716 61
    2017£185,937 £2,437 74
    2016£198,421 £2,600 65
    2015£197,568 £2,589 70
    2014£181,621 £2,370 52
    2013£174,116 £2,247 35
    2012£201,257 £2,545 27
    2011£187,314 £2,188 35
    2010£189,051 £2,630 38
    2009£175,131 £2,204 47
    2008£204,021 £2,153 48
    2007£180,059 £2,514 79
    2006£183,773 £2,344 100
    2005£175,371 £2,266 102
    2004£178,952 £2,258 86
    2003£171,719 £2,213 103
    2002£130,297 £1,622 114
    2001£98,263 £1,269 144
    2000£102,155 £1,409 126
    1999£85,270 £1,113 133
    1998£76,066 £991 131
    1997£57,905 £728 120
    1996£52,975 £674 131
    1995£52,175 £615 71
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,040,000 £2,621 2
    2023£800,000 £2,649 1
    2022£820,683 £2,849 3
    2021£313,333 £3,009 3
    2019£495,000 £2,080 1
    2017£461,555 £2,611 5
    2014£265,950 £2,509 1
    2012£665,000 £3,232 1
    2011£325,000 £2,383 2
    2010£787,500 £1,289 2
    2009£345,250 £2,642 4
    2008£420,0001
    2007£324,500 £2,104 8
    2006£362,214 £2,097 14
    2005£252,833 £2,140 3
    2004£229,750 £2,078 5
    2003£325,833 £2,086 6
    2002£259,571 £1,615 7
    2001£159,200 £1,209 5
    2000£258,382 £2,052 5
    1999£157,000 £922 8
    1998£131,778 £625 9
    1997£107,375 £772 6
    1996£102,800 £931 5
    1995£98,3333
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£562,533 £3,499 10
    2023£477,998 £3,499 37
    2022£659,492 £3,746 32
    2021£589,316 £3,443 31
    2020£411,521 £2,827 26
    2019£441,642 £2,926 24
    2018£375,800 £2,603 30
    2017£457,500 £2,689 23
    2016£468,665 £2,653 36
    2015£380,881 £2,377 21
    2014£370,749 £2,604 34
    2013£422,275 £2,308 20
    2012£439,379 £2,652 24
    2011£384,075 £2,674 20
    2010£356,660 £2,595 25
    2009£338,236 £2,513 26
    2008£310,839 £2,470 27
    2007£336,228 £2,463 44
    2006£304,360 £2,242 49
    2005£307,624 £2,206 31
    2004£280,874 £2,187 34
    2003£309,681 £2,211 40
    2002£242,361 £1,641 55
    2001£196,427 £1,328 66
    2000£162,600 £1,121 46
    1999£144,736 £1,013 67
    1998£131,377 £887 47
    1997£125,826 £790 45
    1996£107,379 £695 35
    1995£109,262 £643 46
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£190,0001
    2023£770,000 £4,755 1
    2022£837,0001
    2016£322,838 £1,927 2
    2012£612,500 £3,782 1
    2011£850,000 £2,795 1
    2009£307,337 £2,963 3
    2007£490,000 £2,344 1
    2006£309,750 £1,955 2
    2005£305,000 £1,733 2
    2004£390,500 £2,151 5
    2003£315,750 £1,951 10
    2002£238,238 £1,112 4
    2000£229,000 £849 4
    1999£208,500 £822 2
    1998£191,000 £1,253 1
    1997£50,5001
    1996£76,750 £581 2
    1995£100,000 £556 3
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£272,500 £2,676 2
    2023£478,312 £7,307 8
    2022£2,919,083 £16,131 18
    2021£1,099,998 £11,300 11
    2020£1,116,738 £20,289 8
    2019£449,638 £2,086 14
    2018£362,115 £2,440 13
    2017£1,817,162 £52,295 13
    2016£400,400 £2,504 5
    2015£632,2502
    2013£1,450,0001

    House Type in NE2 3BU area

    The most common house types in the NE2 3BU postcode area are Terraced (57), Semi-detached (37), and Shared house (16).

    Total113
    Terraced57
    Semi-detached37
    Shared house16
    Detached1
    Flat1
    converted building1
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (49), and Private rented: Private landlord or letting agency (31).

    Owned: Owns outright49
    Private rented: Private landlord or letting agency31
    Owned: Owns with a mortgage or loan27
    Social rented: Other social rented3
    Social rented: Rents from council or Local Authority2
    Shared ownership: Shared ownership1
    Does not apply0
    Private rented: Other private rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE2 3BU have 2 people in household (35), and 1 person in household (23).

    2 people in household35
    1 person in household23
    4 people in household17
    3 people in household15
    6 people in household10
    8 or more people in household7
    5 people in household4
    7 people in household2
    0 people in household0