Housing Market Analysis for NE2 4LE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE2 4LE Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £105,975 median price is £82,500 Standard Deviation is £78,649 with Total Sold: 696
      • The Last 5 Year average price is £197,383 with Total Sold: 91
      • The most recent sale happened at this postcode is , 109 SIDNEY GROVE: £291,500 (Sold on 13 Sep 2024)
      • The first recorded sale happened at this postcode is , 23 HUNTERS PLACE: £51,500 (Sold on 18 Jan 1995)
    • Other
      • The average price is around £1,244,283 median price is £148,000 Standard Deviation is £2,596,189 with Total Sold: 29
      • The Last 5 Year average price is £1,131,179 with Total Sold: 21
      • The most recent sale happened at this postcode is , TENJI RESTAURANT BARRACK ROAD: £700,000 (Sold on 12 Jul 2024)
      • The first recorded sale happened at this postcode is , 55 BELLE GROVE WEST: £1,000 (Sold on 01 Nov 2016)
    • Flat
      • The average price is around £91,904 median price is £80,500 Standard Deviation is £60,381 with Total Sold: 561
      • The Last 5 Year average price is £128,041 with Total Sold: 79
      • 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)
    • Semi-Detached
      • The average price is around £139,214 median price is £119,000 Standard Deviation is £72,147 with Total Sold: 32
      • The Last 5 Year average price is £234,000 with Total Sold: 2
      • The most recent sale happened at this postcode is , 3 NEW VILLAS: £310,000 (Sold on 21 Apr 2023)
      • The first recorded sale happened at this postcode is , 1 LIMEWOOD COURT: £49,500 (Sold on 03 Mar 1995)
    • Detached
      • The average price is around £191,746 median price is £181,000 Standard Deviation is £92,532 with Total Sold: 12
      • 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)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£214,500 £2,710 5
    2023£214,167 £1,852 15
    2022£200,911 £1,634 15
    2021£201,759 £1,936 23
    2020£216,156 £1,846 18
    2019£142,127 £1,627 15
    2018£148,812 £1,611 8
    2017£141,950 £1,428 13
    2016£140,826 £1,545 20
    2015£132,188 £1,806 8
    2014£134,885 £1,242 17
    2013£157,636 £1,533 11
    2012£140,208 £1,259 12
    2011£125,875 £1,699 16
    2010£168,000 £1,508 12
    2009£162,483 £1,700 23
    2008£116,238 £1,503 16
    2007£149,077 £1,715 22
    2006£150,785 £1,734 26
    2005£138,000 £1,697 30
    2004£121,048 £1,189 32
    2003£104,983 £1,132 29
    2002£70,347 £746 57
    2001£51,080 £559 53
    2000£50,454 £557 36
    1999£39,860 £526 32
    1998£49,522 £614 34
    1997£37,000 £403 40
    1996£37,282 £450 27
    1995£42,350 £484 31
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£3,167,7333
    2023£168,267 £2,024 3
    2022£273,333 £3,746 3
    2021£141,350 £2,667 5
    2020£1,541,000 £1,836 4
    2019£2,018,667 £1,423 3
    2018£3,510,834 £1,649 3
    2017£448,989 £2,007 4
    2016£1,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£130,500 £1,352 7
    2023£155,512 £1,953 17
    2022£98,125 £1,718 20
    2021£136,578 £1,954 16
    2020£120,975 £1,766 10
    2019£133,389 £1,756 9
    2018£112,588 £1,886 16
    2017£124,694 £1,686 18
    2016£114,250 £1,892 14
    2015£106,531 £1,664 8
    2014£118,305 £1,494 19
    2013£117,983 £1,401 15
    2012£89,395 £1,361 10
    2011£139,429 £1,798 7
    2010£106,474 £1,492 8
    2009£103,575 £1,398 14
    2008£123,090 £1,676 30
    2007£122,348 £1,639 31
    2006£99,611 £1,247 24
    2005£103,141 £1,436 22
    2004£118,984 £1,554 37
    2003£87,508 £1,193 30
    2002£62,542 £913 36
    2001£48,042 £702 24
    2000£40,156 £493 27
    1999£38,600 £576 17
    1998£39,847 £509 18
    1997£32,035 £427 28
    1996£33,286 £299 14
    1995£23,843 £418 15
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£310,000 £3,298 1
    2019£158,000 £2,821 1
    2017£185,000 £1,322 1
    2015£219,000 £2,330 1
    2012£221,500 £1,938 2
    2009£97,475 £1,156 2
    2008£143,317 £1,472 3
    2007£166,000 £1,952 2
    2005£157,250 £1,974 2
    2004£229,000 £1,042 2
    2003£138,500 £2,229 3
    2001£94,000 £899 2
    2000£66,000 £737 2
    1999£94,483 £711 3
    1998£97,000 £743 2
    1996£69,500 £497 1
    1995£64,000 £609 2
    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£272,0001
    2001£139,950 £886 1
    1998£83,250 £797 2
    1995£70,000 £490 1

    House Type in NE2 4LE area

    The most common house types in the NE2 4LE postcode area are Terraced (64), Shared house (41), and Flat (15).

    Total133
    Terraced64
    Shared house41
    Flat15
    Semi-detached8
    converted building2
    commercial building2
    Detached1
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (68), and Owned: Owns outright (32).

    Private rented: Private landlord or letting agency68
    Owned: Owns outright32
    Owned: Owns with a mortgage or loan23
    Social rented: Rents from council or Local Authority5
    Private rented: Other private rented2
    Shared ownership: Shared ownership1
    Does not apply0
    Social rented: Other social rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE2 4LE have 1 person in household (43), and 2 people in household (42).

    1 person in household43
    2 people in household42
    3 people in household21
    4 people in household18
    6 people in household5
    5 people in household4
    0 people in household0
    7 people in household0
    8 or more people in household0