Housing Market Analysis for NE3 1BL

Are you looking to understand NE3 1BL 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 NE3 1BL area, explore the NE3 1BL Area information page.
For comprehensive crime statistics in the NE3 1BL area, explore the NE3 1BL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE3 1BL postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE3 1BL 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 NE3 1BL

    See the table below for more details on the sold house prices in the NE3 1BL, Newcastle upon Tyne postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE3 1BL postcode. Properties currently for saleProperties currently for rent

    NE3 1BL Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE3 1BL 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 NE3 1BL postcode.

    • Detached
      • The average price is around £485,175 median price is £382,500 Standard Deviation is £382,570 with Total Sold: 130
      • The Last 5 Year average price is £698,869 with Total Sold: 18
      • The most recent sale happened at this postcode is , 1 MILL RISE: £490,000 (Sold on 18 Sep 2024)
      • The first recorded sale happened at this postcode is , 12 GOSFORTH TERRACE: £109,000 (Sold on 21 Feb 1995)
    • Flat
      • The average price is around £122,454 median price is £115,000 Standard Deviation is £80,401 with Total Sold: 2,040
      • The Last 5 Year average price is £151,254 with Total Sold: 265
      • The most recent sale happened at this postcode is 15, HOMEFORTH HOUSE HIGH STREET: £58,000 (Sold on 18 Sep 2024)
      • The first recorded sale happened at this postcode is FLAT 24, ETTRICK LODGE, 36 THE GROVE: £80,000 (Sold on 06 Jan 1995)
    • Semi-Detached
      • The average price is around £211,458 median price is £175,000 Standard Deviation is £155,146 with Total Sold: 825
      • The Last 5 Year average price is £331,464 with Total Sold: 128
      • The most recent sale happened at this postcode is , 22 HOLLYWOOD CRESCENT: £192,500 (Sold on 06 Sep 2024)
      • The first recorded sale happened at this postcode is , 141 CHESWICK DRIVE: £55,000 (Sold on 26 Jan 1995)
    • Other
      • The average price is around £438,095 median price is £190,000 Standard Deviation is £1,434,282 with Total Sold: 71
      • The Last 5 Year average price is £304,668 with Total Sold: 48
      • The most recent sale happened at this postcode is , 36 BOWSDEN TERRACE: £210,000 (Sold on 22 Aug 2024)
      • The first recorded sale happened at this postcode is UNIT 2, GOSFORTH INDUSTRIAL ESTATE CHRISTON ROAD: £420,000 (Sold on 07 Aug 2014)
    • Terraced
      • The average price is around £223,655 median price is £210,000 Standard Deviation is £129,301 with Total Sold: 1,575
      • The Last 5 Year average price is £347,780 with Total Sold: 238
      • The most recent sale happened at this postcode is , 20 SALTERS CLOSE: £250,000 (Sold on 05 Aug 2024)
      • The first recorded sale happened at this postcode is , 12 BEAUMONT TERRACE: £66,000 (Sold on 05 Jan 1995)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£490,0001
    2023£425,000 £2,931 1
    2022£783,500 £4,478 2
    2021£357,500 £2,797 4
    2020£760,200 £2,797 5
    2019£973,330 £3,418 5
    2018£1,695,000 £3,531 1
    2017£548,667 £2,933 6
    2016£514,625 £2,099 4
    2015£607,500 £2,976 4
    2014£692,500 £3,695 2
    2013£771,581 £2,306 3
    2012£372,500 £1,365 2
    2011£350,000 £2,160 1
    2010£977,500 £2,954 4
    2009£510,000 £2,417 9
    2008£413,750 £2,465 4
    2007£519,167 £2,923 6
    2006£524,826 £2,729 16
    2005£596,000 £3,062 10
    2004£320,994 £2,263 9
    2003£270,000 £1,724 4
    2002£131,042 £1,106 6
    2001£103,250 £1,074 2
    2000£424,500 £1,174 3
    1999£67,500 £654 2
    1998£178,833 £877 3
    1997£167,750 £899 4
    1996£126,667 £508 3
    1995£159,500 £715 4
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£147,905 £2,344 21
    2023£153,624 £2,463 45
    2022£154,764 £2,307 52
    2021£146,123 £2,148 60
    2020£143,266 £2,251 35
    2019£158,342 £2,218 52
    2018£152,299 £2,276 61
    2017£148,698 £2,178 66
    2016£148,898 £2,140 55
    2015£141,499 £2,092 94
    2014£133,176 £2,020 66
    2013£147,730 £2,075 60
    2012£133,051 £2,056 38
    2011£143,190 £2,037 47
    2010£144,396 £2,319 41
    2009£145,815 £2,165 62
    2008£129,567 £2,135 44
    2007£137,312 £2,126 88
    2006£162,929 £2,272 104
    2005£201,121 £2,781 152
    2004£149,552 £2,214 76
    2003£127,089 £1,926 79
    2002£81,886 £1,258 85
    2001£70,480 £1,104 114
    2000£65,944 £989 95
    1999£50,557 £845 76
    1998£54,512 £808 72
    1997£46,104 £768 70
    1996£44,775 £734 78
    1995£43,778 £654 52
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£365,344 £3,677 16
    2023£366,000 £2,816 26
    2022£419,907 £3,656 15
    2021£288,388 £2,866 26
    2020£328,602 £2,769 18
    2019£272,384 £2,736 27
    2018£267,205 £2,859 22
    2017£282,451 £2,445 31
    2016£252,102 £2,279 29
    2015£270,624 £2,471 29
    2014£219,026 £2,581 17
    2013£215,128 £2,228 21
    2012£217,369 £2,176 21
    2011£199,235 £2,066 17
    2010£309,078 £2,373 27
    2009£204,876 £1,939 17
    2008£236,778 £1,860 20
    2007£239,881 £2,154 44
    2006£244,985 £2,152 44
    2005£305,671 £2,079 31
    2004£255,169 £2,086 36
    2003£178,279 £1,690 24
    2002£129,720 £1,276 42
    2001£111,746 £929 34
    2000£99,070 £845 42
    1999£93,537 £809 31
    1998£82,619 £712 34
    1997£82,576 £739 33
    1996£68,587 £721 27
    1995£62,777 £655 24
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£282,5716
    2023£159,125 £2,739 4
    2022£285,473 £2,573 13
    2021£301,958 £2,966 12
    2020£142,264 £2,346 7
    2019£660,271 £1,974 6
    2018£186,400 £1,933 10
    2017£129,143 £2,342 7
    2016£270,670 £2,721 4
    2015£12,210,0001
    2014£420,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£413,731 £2,942 13
    2023£382,797 £3,133 40
    2022£333,611 £2,757 38
    2021£354,730 £2,593 62
    2020£338,268 £2,658 44
    2019£305,536 £2,432 41
    2018£314,726 £2,367 52
    2017£305,620 £2,347 69
    2016£300,072 £2,167 49
    2015£291,203 £2,134 54
    2014£279,879 £2,061 49
    2013£273,414 £2,014 40
    2012£260,304 £2,000 40
    2011£237,176 £2,012 36
    2010£252,504 £1,990 36
    2009£233,069 £2,000 34
    2008£253,012 £1,889 34
    2007£240,811 £1,900 71
    2006£251,991 £1,911 70
    2005£230,677 £1,974 53
    2004£297,015 £2,136 76
    2003£204,555 £1,552 57
    2002£147,113 £1,337 65
    2001£123,997 £959 76
    2000£103,134 £818 66
    1999£94,417 £695 62
    1998£92,395 £711 69
    1997£77,280 £627 66
    1996£69,224 £485 70
    1995£74,898 £567 43

    House Type in NE3 1BL area

    The most common house types in the NE3 1BL postcode area are Flat (78), Semi-detached (38), and Detached (15).

    Total148
    Flat78
    Semi-detached38
    Detached15
    Terraced10
    Shared house7
    converted building0
    commercial building0
    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 (52), and Owned: Owns with a mortgage or loan (35).

    Social rented: Rents from council or Local Authority52
    Owned: Owns with a mortgage or loan35
    Owned: Owns outright33
    Private rented: Private landlord or letting agency20
    Social rented: Other social rented4
    Private rented: Other private rented4
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE3 1BL have 1 person in household (81), and 2 people in household (40).

    1 person in household81
    2 people in household40
    4 people in household12
    3 people in household11
    5 people in household3
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0