Housing Market Analysis for NE2 4BW

Are you looking to understand NE2 4BW 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 4BW area, explore the NE2 4BW Area information page.
For comprehensive crime statistics in the NE2 4BW area, explore the NE2 4BW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE2 4BW postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE2 4BW 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 4BW

    See the table below for more details on the sold house prices in the NE2 4BW, Newcastle upon Tyne postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE2 4BW postcode. Properties currently for saleProperties currently for rent

    NE2 4BW Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE2 4BW 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 4BW postcode.

    • Flat
      • The average price is around £122,717 median price is £115,000 Standard Deviation is £67,613 with Total Sold: 476
      • The Last 5 Year average price is £172,683 with Total Sold: 78
      • The most recent sale happened at this postcode is FLAT A, 8 BELLE GROVE TERRACE: £180,000 (Sold on 04 Jul 2024)
      • The first recorded sale happened at this postcode is , 16A BELLE GROVE TERRACE: £44,950 (Sold on 13 Jan 1995)
    • Other
      • The average price is around £1,867,026 median price is £365,000 Standard Deviation is £4,409,712 with Total Sold: 23
      • The Last 5 Year average price is £2,311,136 with Total Sold: 12
      • The most recent sale happened at this postcode is , 5A NORTH TERRACE: £365,000 (Sold on 01 Mar 2024)
      • The first recorded sale happened at this postcode is FLAT 2, REAR OF 20 NORTH TERRACE: £1,150,000 (Sold on 08 Jan 2015)
    • Terraced
      • The average price is around £158,489 median price is £136,750 Standard Deviation is £208,058 with Total Sold: 306
      • The Last 5 Year average price is £367,879 with Total Sold: 34
      • The most recent sale happened at this postcode is , 10 BELLE GROVE TERRACE: £500,000 (Sold on 30 Nov 2023)
      • The first recorded sale happened at this postcode is 9, CHIMNEY MILLS CLAREMONT ROAD: £80,000 (Sold on 13 Jan 1995)
    • Detached
      • The average price is around £193,150 median price is £182,000 Standard Deviation is £89,035 with Total Sold: 13
      • The Last 5 Year average price is £264,333 with Total Sold: 3
      • The most recent sale happened at this postcode is , 9 OXNAM CRESCENT: £243,000 (Sold on 07 Sep 2021)
      • The first recorded sale happened at this postcode is , 9 OXNAM CRESCENT: £70,000 (Sold on 13 Oct 1995)
    • Semi-Detached
      • The average price is around £147,665 median price is £127,000 Standard Deviation is £76,171 with Total Sold: 24
      • The most recent sale happened at this postcode is , 24 BELLE GROVE WEST: £185,000 (Sold on 27 Oct 2017)
      • The first recorded sale happened at this postcode is , 1 LIMEWOOD COURT: £49,500 (Sold on 03 Mar 1995)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£134,667 £2,552 6
    2023£189,221 £2,489 17
    2022£158,750 £2,731 18
    2021£177,643 £2,441 14
    2020£185,889 £2,584 9
    2019£173,357 £2,338 14
    2018£135,996 £2,111 12
    2017£151,273 £2,094 22
    2016£161,536 £2,574 14
    2015£147,571 £2,179 7
    2014£183,394 £2,312 17
    2013£156,217 £1,805 9
    2012£116,700 £2,270 5
    2011£173,875 £2,202 4
    2010£143,184 £2,078 7
    2009£137,656 £1,968 8
    2008£163,000 £2,380 14
    2007£156,982 £2,425 22
    2006£147,211 £2,501 14
    2005£168,964 £2,519 14
    2004£174,262 £2,328 21
    2003£138,548 £2,041 21
    2002£91,159 £1,679 32
    2001£83,297 £1,192 19
    2000£65,217 £947 21
    1999£56,800 £952 25
    1998£59,086 £830 25
    1997£47,365 £770 31
    1996£55,230 £757 15
    1995£52,058 £871 19
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£275,000 £3,700 2
    2023£169,000 £2,485 1
    2022£1,329,000 £7,500 2
    2021£1,260,403 £11,789 3
    2020£9,907,711 £1,930 2
    2019£380,000 £1,579 2
    2018£260,000 £3,250 1
    2017£46,739 £188 4
    2016£3,770,333 £3,504 3
    2015£1,150,0003
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£304,417 £2,463 6
    2022£253,809 £2,809 7
    2021£605,021 £2,508 10
    2020£328,000 £2,171 6
    2019£177,300 £2,497 5
    2018£223,083 £2,610 6
    2017£164,400 £2,249 5
    2016£181,583 £2,127 6
    2015£197,612 £2,979 4
    2014£199,917 £2,110 6
    2013£197,214 £1,964 7
    2012£191,483 £1,694 6
    2011£181,200 £2,359 8
    2010£216,167 £2,583 9
    2009£215,045 £2,191 11
    2008£185,100 £2,418 5
    2007£214,496 £2,450 12
    2006£185,962 £2,356 13
    2005£157,500 £2,280 13
    2004£175,661 £2,031 9
    2003£190,577 £2,102 13
    2002£124,366 £1,501 16
    2001£80,748 £934 27
    2000£77,090 £1,100 11
    1999£69,673 £958 15
    1998£77,691 £955 18
    1997£56,071 £745 14
    1996£59,100 £761 20
    1995£56,017 £752 18
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£243,000 £1,699 1
    2020£368,000 £2,329 1
    2019£182,000 £2,738 1
    2012£190,000 £2,859 1
    2007£180,000 £2,708 1
    2006£327,500 £2,073 1
    2005£162,000 £2,727 1
    2003£241,000 £2,800 2
    2001£139,950 £886 1
    1998£83,250 £797 2
    1995£70,000 £490 1
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2017£222,500 £1,539 2
    2012£221,500 £1,938 2
    2011£200,000 £2,667 1
    2008£175,000 £1,472 2
    2007£215,000 £1,886 1
    2006£250,000 £1,689 1
    2004£229,000 £1,042 2
    2003£156,500 £2,144 1
    2001£96,000 £904 2
    2000£98,000 £916 1
    1999£102,475 £700 2
    1998£97,000 £743 2
    1997£75,000 £769 1
    1996£69,500 £497 1
    1995£64,333 £524 3

    House Type in NE2 4BW area

    The most common house types in the NE2 4BW postcode area are Shared house (55), Flat (19), and converted building (12).

    Total95
    Shared house55
    Flat19
    converted building12
    Terraced6
    Detached3
    Semi-detached0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (75), and Private rented: Private landlord or letting agency (13).

    Social rented: Other social rented75
    Private rented: Private landlord or letting agency13
    Owned: Owns outright4
    Owned: Owns with a mortgage or loan2
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Shared ownership: Shared ownership0
    Private rented: Other private rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE2 4BW have 1 person in household (66), and 2 people in household (16).

    1 person in household66
    2 people in household16
    3 people in household10
    5 people in household4
    4 people in household2
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0