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House Prices in NE15 House Prices in NE15 (Newcastle Upon Tyne)

The average house price in NE15 (Newcastle Upon Tyne) is £158,151 using HM Land Registry data.

The average property price increased by £5,212 (26.65%) over the last 5 years and increased by £1,044 (4%) over the last 12 months.

Over the last year, there were 365 residential property sales – a decrease of 62 transactions (-16.99%) relative to the previous year. The majority of house sales (113) were in the £124,000 - £168,000 range. Then came properties in the £168,000 - £212,000 range, where 83 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 169 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,080 (-2%).

In March 2025, there were 63 new estate agency instructions, 48 agreed home sales and 26 property price reductions.

Nearby Postcodes: CA6, CA8, CA9, DH2, DH8, DH9, DH98, DL13, NE1, NE11, NE13, NE16, NE17, NE18, NE19, NE2, NE20, NE21, NE3, NE39, NE4, NE40, NE41, NE42, NE43, NE44, NE45, NE46, NE47, NE48, NE49, NE5, NE61, NE8, NE82, NE85, NE88, NE9, TD8, TD9

5-Year Average Property Prices in NE15 (Newcastle Upon Tyne)

26.65%

Property prices in NE15 (Newcastle Upon Tyne) increased by 26.65% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NE15 (Newcastle Upon Tyne) Over the Last Year

4%

Property prices in NE15 (Newcastle Upon Tyne) increased by 4% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NE15 (Newcastle Upon Tyne) - March 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NE15 (Newcastle Upon Tyne)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NE15 (Newcastle Upon Tyne)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NE15 (Newcastle Upon Tyne)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NE15 (Newcastle Upon Tyne) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE15 postcode area since 1995.

Recent Sales in NE15 (Newcastle Upon Tyne)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
85 Combe Drive, Newcastle Upon Tyne, Tyne And Wear, NE15 8XB£40,000£40,000£008 Nov 202413 Feb 202597 Days
28 Tanfield Road, Newcastle Upon Tyne, Tyne And Wear, NE15 7DT£145,000£108,000-£37,00022 Mar 202317 Jan 2025667 Days
13 Poplar Street, Throckley, Newcastle Upon Tyne, Tyne And Wear, NE15 9EU£115,000£115,000£026 Mar 202417 Jan 2025297 Days
4 The Green, Walbottle, Newcastle Upon Tyne, Tyne And Wear, NE15 8JE£220,000£220,000£022 Jun 202410 Jan 2025202 Days
26 Sycamore Street, Newcastle Upon Tyne, Tyne And Wear, NE15 9ES£160,000£160,000£006 Sep 202420 Dec 2024105 Days
81 Countess Drive, Newcastle Upon Tyne, Tyne And Wear, NE15 7BU£240,000£200,000-£40,00021 Jul 202219 Dec 2024882 Days
1 Legion Grove, Newcastle Upon Tyne, Tyne And Wear, NE15 7UJ£165,000£165,000£019 Sep 202419 Dec 202491 Days
35 Mount Pleasant Court, Newcastle Upon Tyne, Tyne And Wear, NE15 9AZ£110,000£100,000-£10,00018 Jul 202419 Dec 2024154 Days
3 Woodlands Court, Newcastle Upon Tyne, Tyne And Wear, NE15 9LN£49,500£48,500-£1,00021 May 202413 Dec 2024206 Days
153 Whickham View, Newcastle Upon Tyne, Tyne And Wear, NE15 6TD£105,000£105,000£016 Aug 202412 Dec 2024118 Days
2 Ormiston, Newcastle Upon Tyne, Tyne And Wear, NE15 7XR£97,500£97,500£029 Aug 202412 Dec 2024105 Days
14 Station Road, Heddon On The Wall, Newcastle Upon Tyne, Northumberland, NE15 0DY£500,000£475,000-£25,00028 Mar 202412 Dec 2024259 Days
33 Broadwood Road, Newcastle Upon Tyne, Tyne And Wear, NE15 7SY£179,950£167,000-£12,95030 Apr 202411 Dec 2024225 Days
1 Appletree Court, Walbottle, Newcastle Upon Tyne, Tyne And Wear, NE15 8LD£215,000£214,000-£1,00029 Jan 202406 Dec 2024312 Days
8 Arundel Drive, Newcastle Upon Tyne, Tyne And Wear, NE15 7SP£179,950£177,000-£2,95004 Jul 202406 Dec 2024155 Days
8 Maple Close, Newcastle Upon Tyne, Tyne And Wear, NE15 7QZ£225,000£220,000-£5,00026 Oct 202429 Nov 202434 Days
45 Hayleazes Road, Newcastle Upon Tyne, Tyne And Wear, NE15 7TQ£165,000£162,000-£3,00006 Aug 202422 Nov 2024108 Days
22 Gretna Road, Newcastle Upon Tyne, Tyne And Wear, NE15 7PE£255,000£253,000-£2,00031 May 202415 Nov 2024168 Days
16 West Vallum, Newcastle Upon Tyne, Tyne And Wear, NE15 7TL£140,000£140,000£015 Aug 202415 Nov 202492 Days
7 Castle View, Horsley, Newcastle Upon Tyne, Northumberland, NE15 0AG£129,000£125,000-£4,00019 Sep 202411 Nov 202453 Days

Most Expensive Streets in NE15 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE15 8JDWalbottleNewcastle Upon Tyne£851,6663
NE15 0QDHarlow HillNewcastle Upon Tyne£525,87512
NE15 9RHThrockleyNewcastle Upon Tyne£517,0003
NE15 0BUHeddon Banks, Heddon On The WallNewcastle Upon Tyne£487,7147
NE15 0HAMilitary Road, Heddon On The WallNewcastle Upon Tyne£474,7504
NE15 0AFStonecroft, HorsleyNewcastle Upon Tyne£433,0003
NE15 9FEPeregrine WayNewcastle Upon Tyne£423,07812
NE15 9FDGoldcrest RoadNewcastle Upon Tyne£419,94520
NE15 0DRHeddon On The WallNewcastle Upon Tyne£416,5006
NE15 0NSHorsleyNewcastle Upon Tyne£383,3336

Least Expensive Streets in NE15 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE15 9LNWoodlands CourtNewcastle Upon Tyne£47,2416
NE15 6AGHawthorn CloseNewcastle Upon Tyne£56,7818
NE15 7HURavenburn GardensNewcastle Upon Tyne£57,6254
NE15 7HXSwinley GardensNewcastle Upon Tyne£58,7005
NE15 8DPEva StreetNewcastle Upon Tyne£62,6503
NE15 7SZAvalon DriveNewcastle Upon Tyne£62,7147
NE15 7DQTantobie RoadNewcastle Upon Tyne£63,3333
NE15 7HTHowdene RoadNewcastle Upon Tyne£64,9166
NE15 8EFBennett CourtNewcastle Upon Tyne£67,0004
NE15 7XSOttringham CloseNewcastle Upon Tyne£67,2504

Explore NE15 (Newcastle Upon Tyne) using map

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