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House Prices in NE17 House Prices in NE17 (Newcastle Upon Tyne)

The average house price in NE17 (Newcastle Upon Tyne) is £265,000 using HM Land Registry data.

The average property price decreased by £9,604 (-53.71%) over the last 5 years and decreased by £1,920 (-6.83%) over the last 12 months.

Over the last year, there were 71 residential property sales – a decrease of 1 transactions (-1.41%) relative to the previous year. The majority of house sales (17) were in the £136,000 - £168,000 range. Then came properties in the £40,000 - £72,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 91 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,581 (-3%).

In May 2025, there were 11 new estate agency instructions, 10 agreed home sales and 12 property price reductions.

Nearby Postcodes: DH7, DH8, DH9, DL13, NE15, NE16, NE18, NE21, NE39, NE40, NE41, NE42, NE43, NE44, NE45, NE47

5-Year Average Property Prices in NE17 (Newcastle Upon Tyne)

53.71%

Property prices in NE17 (Newcastle Upon Tyne) increased by 53.71% 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 NE17 (Newcastle Upon Tyne) Over the Last Year

6.83%

Property prices in NE17 (Newcastle Upon Tyne) increased by 6.83% 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 NE17 (Newcastle Upon Tyne) - May 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 NE17 (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 NE17 (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 NE17 (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 NE17 (Newcastle Upon Tyne) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE17 postcode area since 1995.

Recent Sales in NE17 (Newcastle Upon Tyne)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
30 Peartree Bungalows, Blackhall Mill, Newcastle Upon Tyne, Tyne And Wear, NE17 7TW£115,000£110,000-£5,00014 Sep 202417 Feb 2025156 Days
17 Thames Street, Chopwell, Newcastle Upon Tyne, Tyne And Wear, NE17 7DB£60,000£60,000£031 Aug 202429 Jan 2025151 Days
3 Lonsdale Court, High Westwood, Newcastle Upon Tyne, County Durham, NE17 7RG£450,000£450,000£001 May 202419 Dec 2024232 Days
10 Sherburn Terrace, Low Westwood, Newcastle Upon Tyne, County Durham, NE17 7QA£159,950£152,000-£7,95031 Jul 202417 Dec 2024139 Days
52 Oakwell Court, Hamsterley Colliery, Newcastle Upon Tyne, County Durham, NE17 7BE£175,000£170,000-£5,00013 Aug 202406 Dec 2024115 Days
11 Broadoak Terrace, Chopwell, Newcastle Upon Tyne, Tyne And Wear, NE17 7LB£85,000£85,000£012 Jul 202428 Nov 2024139 Days
10 Broadoak Terrace, Chopwell, Newcastle Upon Tyne, Tyne And Wear, NE17 7LB£65,000£65,000£002 Jul 202431 Oct 2024121 Days
19 Hall Road, Chopwell, Newcastle Upon Tyne, Tyne And Wear, NE17 7AF£95,000£90,000-£5,00022 Jan 202417 Oct 2024269 Days
6 Humber Street, Chopwell, Newcastle Upon Tyne, Tyne And Wear, NE17 7DQ£57,950£57,950£019 Jun 202410 Oct 2024113 Days
8 Ramsay Road, Chopwell, Newcastle Upon Tyne, Tyne And Wear, NE17 7AG£169,950£169,950£029 Apr 202404 Oct 2024158 Days
31 Mill Road, Chopwell, Newcastle Upon Tyne, Tyne And Wear, NE17 7HA£139,950£137,500-£2,45015 Apr 202404 Oct 2024172 Days
9 Richardson Terrace, Chopwell, Newcastle Upon Tyne, Tyne And Wear, NE17 7LA£100,000£100,000£002 Jul 202426 Sep 202486 Days
5 River View, Blackhall Mill, Newcastle Upon Tyne, Tyne And Wear, NE17 7TL£125,000£125,000£025 Jan 202430 Aug 2024218 Days
1 Tweed Street, Chopwell, Newcastle Upon Tyne, Tyne And Wear, NE17 7DL£50,000£38,000-£12,00026 Jan 202416 Aug 2024203 Days
17 Langdale Terrace, Low Westwood, Newcastle Upon Tyne, County Durham, NE17 7PW£150,000£145,000-£5,00023 Feb 202416 Aug 2024175 Days
4 The Bungalows, High Westwood, Newcastle Upon Tyne, County Durham, NE17 7QY£159,950£152,000-£7,95008 Jan 202415 Aug 2024220 Days
84 Oakwell Court, Hamsterley Colliery, Newcastle Upon Tyne, County Durham, NE17 7BE£270,000£262,500-£7,50022 Aug 202312 Aug 2024356 Days
8 Lenin Terrace, Chopwell, Newcastle Upon Tyne, Tyne And Wear, NE17 7EN£120,000£120,000£019 Apr 202402 Aug 2024105 Days
6 Frederick Street, Chopwell, Newcastle Upon Tyne, Tyne And Wear, NE17 7JS£70,000£67,500-£2,50021 Apr 202419 Jul 202489 Days
45 Oakwell Court, Hamsterley Colliery, Newcastle Upon Tyne, County Durham, NE17 7BD£165,000£163,000-£2,00029 Feb 202421 Jun 2024113 Days

Most Expensive Streets in NE17 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE17 7BDOakwell CourtNewcastle Upon Tyne£214,84613
NE17 7PPA694 From Sherburn Terrace To HamsterleyNewcastle Upon Tyne£204,6663
NE17 7BEOakwell CourtNewcastle Upon Tyne£204,18519
NE17 7BGWest Meadows, Chopwell NorthNewcastle Upon Tyne£196,45010
NE17 7BWGeorge Close, Chopwell SouthNewcastle Upon Tyne£178,4954
NE17 7BQWinifred Gardens, Chopwell SouthNewcastle Upon Tyne£170,48918
NE17 7JYSouth View, Chopwell SouthNewcastle Upon Tyne£170,0003
NE17 7QYThe Bungalows, High WestwoodNewcastle Upon Tyne£166,0005
NE17 7HBEast Terrace, Chopwell SouthNewcastle Upon Tyne£164,6663
NE17 7BNGill Way, Chopwell SouthNewcastle Upon Tyne£160,29724

Least Expensive Streets in NE17 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE17 7DACoquet Street, Chopwell NorthNewcastle Upon Tyne£40,9374
NE17 7DDWansbeck Street, Chopwell NorthNewcastle Upon Tyne£43,7004
NE17 7DHClyde Street, Chopwell NorthNewcastle Upon Tyne£46,7005
NE17 7DLTweed Street, Chopwell NorthNewcastle Upon Tyne£48,6254
NE17 7BXBlyth Street, Chopwell NorthNewcastle Upon Tyne£48,7229
NE17 7BTTees Street, Chopwell NorthNewcastle Upon Tyne£49,2205
NE17 7DFMersey Street, Chopwell NorthNewcastle Upon Tyne£49,3005
NE17 7LDHollings Terrace, Chopwell NorthNewcastle Upon Tyne£50,7833
NE17 7DJForth Street, Chopwell NorthNewcastle Upon Tyne£51,8339
NE17 7JPScott Terrace, Chopwell SouthNewcastle Upon Tyne£53,5756

Explore NE17 (Newcastle Upon Tyne) using map

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