Housing Market Analysis for NE3 1RR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE3 1RR Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £258,731 median price is £240,000 Standard Deviation is £150,598 with Total Sold: 133
      • The Last 5 Year average price is £397,134 with Total Sold: 15
      • 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 £107,354 median price is £114,325 Standard Deviation is £47,630 with Total Sold: 1,349
      • The Last 5 Year average price is £153,359 with Total Sold: 144
      • The most recent sale happened at this postcode is , 22 AUDLEY ROAD: £194,000 (Sold on 16 Sep 2024)
      • The first recorded sale happened at this postcode is , 148 AUDLEY ROAD: £45,000 (Sold on 27 Feb 1995)
    • Semi-Detached
      • The average price is around £174,584 median price is £159,000 Standard Deviation is £102,003 with Total Sold: 753
      • The Last 5 Year average price is £281,231 with Total Sold: 85
      • The most recent sale happened at this postcode is , 6 RIDGEWOOD VILLAS: £242,000 (Sold on 02 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 £239,968 median price is £167,500 Standard Deviation is £285,070 with Total Sold: 58
      • The Last 5 Year average price is £205,652 with Total Sold: 33
      • 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 £182,213 median price is £150,000 Standard Deviation is £115,261 with Total Sold: 1,310
      • The Last 5 Year average price is £294,416 with Total Sold: 160
      • 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£555,5002
    2023£391,667 £2,880 3
    2022£333,500 £3,070 2
    2021£343,333 £2,770 3
    2020£394,801 £2,996 5
    2019£426,083 £2,346 3
    2018£323,500 £2,517 2
    2017£359,167 £2,079 3
    2016£240,875 £1,891 4
    2015£333,500 £2,794 5
    2014£418,750 £2,917 4
    2013£313,700 £2,464 5
    2012£277,500 £2,188 2
    2011£305,000 £2,462 2
    2010£281,650 £2,925 3
    2009£323,750 £2,212 4
    2008£331,500 £3,181 4
    2007£353,218 £2,596 11
    2006£254,389 £2,136 9
    2005£167,500 £1,710 2
    2004£263,206 £2,466 7
    2003£213,857 £1,932 7
    2002£142,650 £1,749 3
    2001£149,762 £1,151 8
    2000£133,612 £807 4
    1999£105,000 £936 4
    1998£101,200 £976 5
    1997£133,400 £1,012 5
    1996£109,708 £1,220 6
    1995£114,158 £847 6
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£165,500 £2,277 12
    2023£163,402 £2,554 30
    2022£147,547 £2,235 36
    2021£149,119 £2,121 47
    2020£151,334 £2,279 19
    2019£140,523 £2,054 33
    2018£136,599 £2,017 43
    2017£133,140 £1,974 40
    2016£138,812 £2,047 36
    2015£135,897 £2,003 64
    2014£127,412 £1,920 39
    2013£127,668 £1,941 35
    2012£109,783 £1,783 21
    2011£131,122 £1,882 23
    2010£120,408 £2,001 25
    2009£128,594 £2,238 39
    2008£118,640 £2,069 24
    2007£136,561 £2,025 66
    2006£136,813 £1,980 59
    2005£131,079 £1,866 42
    2004£131,265 £1,964 51
    2003£116,902 £1,658 61
    2002£83,142 £1,239 66
    2001£74,185 £1,141 94
    2000£73,102 £1,001 69
    1999£52,211 £806 60
    1998£51,456 £779 62
    1997£49,403 £771 55
    1996£48,274 £713 61
    1995£45,120 £634 37
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£307,714 £2,972 7
    2023£252,708 £2,700 22
    2022£398,971 £3,331 14
    2021£255,999 £2,799 28
    2020£245,536 £2,537 14
    2019£252,130 £2,698 23
    2018£262,211 £2,724 19
    2017£217,288 £2,355 26
    2016£213,042 £2,220 33
    2015£207,635 £2,237 23
    2014£190,122 £2,348 16
    2013£196,700 £2,178 20
    2012£214,715 £2,133 23
    2011£153,053 £1,880 19
    2010£220,478 £2,115 18
    2009£181,275 £1,950 18
    2008£202,346 £1,762 13
    2007£203,662 £2,144 38
    2006£183,753 £1,966 38
    2005£200,332 £2,028 29
    2004£206,963 £1,952 42
    2003£153,350 £1,629 26
    2002£116,411 £1,235 50
    2001£100,495 £950 38
    2000£91,318 £879 28
    1999£88,655 £743 29
    1998£69,842 £652 27
    1997£70,967 £669 29
    1996£65,826 £779 23
    1995£60,002 £641 20
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£251,2944
    2023£143,000 £2,484 3
    2022£189,722 £2,867 9
    2021£289,278 £2,994 9
    2020£130,169 £2,120 8
    2019£739,325 £1,974 5
    2018£186,400 £1,933 10
    2017£129,143 £2,342 7
    2016£123,500 £1,867 2
    2014£420,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£302,818 £2,942 11
    2023£335,865 £3,171 34
    2022£265,395 £2,596 37
    2021£309,705 £2,509 42
    2020£264,693 £2,470 36
    2019£248,404 £2,293 40
    2018£262,785 £2,218 42
    2017£224,583 £2,098 52
    2016£244,045 £2,179 46
    2015£234,040 £2,126 34
    2014£223,852 £1,950 40
    2013£221,566 £1,923 28
    2012£200,720 £1,880 27
    2011£184,103 £1,873 29
    2010£206,568 £1,879 28
    2009£199,278 £1,941 30
    2008£202,232 £1,819 28
    2007£212,436 £1,974 69
    2006£204,832 £1,878 57
    2005£184,776 £1,960 54
    2004£218,737 £2,006 68
    2003£162,044 £1,568 59
    2002£102,304 £1,274 80
    2001£95,630 £952 76
    2000£92,662 £817 53
    1999£86,528 £678 44
    1998£76,125 £665 46
    1997£66,345 £629 47
    1996£66,286 £507 42
    1995£67,594 £559 31

    House Type in NE3 1RR area

    The most common house types in the NE3 1RR postcode area are Flat (31), Semi-detached (14), and Terraced (7).

    Total52
    Flat31
    Semi-detached14
    Terraced7
    Detached0
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Shared ownership: Shared ownership (14), and Owned: Owns outright (13).

    Shared ownership: Shared ownership14
    Owned: Owns outright13
    Private rented: Private landlord or letting agency13
    Owned: Owns with a mortgage or loan7
    Social rented: Other social rented4
    Private rented: Other private rented3
    Does not apply0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE3 1RR have 1 person in household (34), and 2 people in household (15).

    1 person in household34
    2 people in household15
    3 people in household3
    4 people in household1
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0