Housing Market Analysis for NE2 4PE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE2 4PE Near By properties

    Interactive Map

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

    • Other
      • The average price is around £1,430,456 median price is £312,500 Standard Deviation is £2,545,223 with Total Sold: 30
      • The Last 5 Year average price is £1,414,222 with Total Sold: 19
      • 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 FLAT 2, REAR OF 20 NORTH TERRACE: £1,150,000 (Sold on 08 Jan 2015)
    • Flat
      • The average price is around £104,072 median price is £90,000 Standard Deviation is £62,581 with Total Sold: 604
      • The Last 5 Year average price is £140,744 with Total Sold: 90
      • 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)
    • Terraced
      • The average price is around £127,861 median price is £104,950 Standard Deviation is £172,145 with Total Sold: 465
      • The Last 5 Year average price is £244,857 with Total Sold: 68
      • The most recent sale happened at this postcode is , 2A HUNTERS PLACE: £160,000 (Sold on 21 Mar 2024)
      • The first recorded sale happened at this postcode is 9, CHIMNEY MILLS CLAREMONT ROAD: £80,000 (Sold on 13 Jan 1995)
    • Semi-Detached
      • The average price is around £145,389 median price is £124,000 Standard Deviation is £77,185 with Total Sold: 33
      • 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: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,010,640 £3,700 5
    2023£172,400 £1,969 2
    2022£270,000 £4,358 2
    2021£797,842 £8,457 5
    2020£2,968,500 £1,930 2
    2019£2,002,000 £1,253 3
    2018£3,510,834 £1,649 3
    2017£549,9853
    2016£205,500 £3,504 2
    2015£1,150,0003
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£140,917 £1,791 6
    2023£159,152 £2,049 21
    2022£115,900 £1,954 20
    2021£145,706 £2,043 17
    2020£141,365 £2,144 13
    2019£142,038 £2,075 13
    2018£119,759 £2,024 17
    2017£138,500 £1,831 26
    2016£149,912 £2,180 17
    2015£108,028 £1,709 9
    2014£127,823 £1,718 24
    2013£132,847 £1,646 15
    2012£99,828 £1,709 9
    2011£152,429 £2,088 7
    2010£124,579 £1,945 10
    2009£100,003 £1,447 17
    2008£133,168 £1,814 22
    2007£141,236 £2,130 28
    2006£130,558 £2,002 20
    2005£126,747 £1,734 18
    2004£131,886 £1,777 40
    2003£107,875 £1,606 26
    2002£77,009 £1,329 40
    2001£63,387 £888 27
    2000£53,063 £745 26
    1999£50,183 £729 21
    1998£50,700 £707 21
    1997£39,699 £663 36
    1996£39,593 £502 21
    1995£38,562 £690 17
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£150,500 £4,000 2
    2023£230,150 £2,003 10
    2022£205,589 £2,169 13
    2021£363,120 £1,967 18
    2020£223,500 £1,883 13
    2019£161,121 £2,063 12
    2018£177,250 £2,418 6
    2017£141,031 £1,901 8
    2016£137,958 £1,799 12
    2015£178,200 £2,896 5
    2014£149,732 £1,575 11
    2013£180,071 £1,786 7
    2012£149,940 £1,430 10
    2011£143,543 £2,099 14
    2010£185,333 £2,133 9
    2009£182,935 £1,857 13
    2008£119,065 £1,689 13
    2007£156,400 £1,982 18
    2006£155,222 £2,209 20
    2005£136,341 £2,070 22
    2004£133,122 £1,648 16
    2003£152,167 £1,845 15
    2002£99,164 £1,253 26
    2001£70,169 £770 37
    2000£65,492 £871 21
    1999£60,500 £926 17
    1998£63,464 £812 27
    1997£48,110 £625 25
    1996£45,994 £654 26
    1995£54,437 £776 19
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£310,000 £3,298 1
    2019£158,000 £2,821 1
    2017£222,500 £1,539 2
    2015£219,000 £2,330 1
    2012£221,500 £1,938 2
    2009£79,9501
    2008£143,317 £1,472 3
    2007£215,000 £1,886 1
    2006£250,000 £1,689 1
    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£64,333 £524 3
    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 4PE area

    The most common house types in the NE2 4PE postcode area are Flat (124), commercial building (3), and converted building (1).

    Total128
    Flat124
    commercial building3
    converted building1
    Detached0
    Semi-detached0
    Terraced0
    Shared house0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (65), and Social rented: Other social rented (31).

    Social rented: Rents from council or Local Authority65
    Social rented: Other social rented31
    Private rented: Private landlord or letting agency17
    Owned: Owns outright7
    Owned: Owns with a mortgage or loan7
    Private rented: Other private rented3
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE2 4PE have 1 person in household (61), and 2 people in household (47).

    1 person in household61
    2 people in household47
    3 people in household11
    4 people in household8
    5 people in household2
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0