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Newcastle upon Tyne House Prices Newcastle upon Tyne House Prices

The average house price in Newcastle upon Tyne is £278,724 using HM Land Registry data.

The average property price increased by £15,016 (6.72%) over the last 5 years and increased by £3,001 (1.27%) over the last 12 months.

Over the last year, there were 2,340 residential property sales – a decrease of 751 transactions (-32.09%) relative to the previous year. The majority of house sales (619) were in the £100,000 - £162,000 range. Then came properties in the £162,000 - £224,000 range, where 599 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,027 (-2%).

In May 2025, there were 507 new estate agency instructions, 414 agreed home sales and 177 property price reductions.

Neighbouring Areas: Longbenton, Wallsend, Hebburn, Blaydon, Gateshead

Postcodes Covered: NE1, NE12, NE13, NE15, NE2, NE28, NE3, NE4, NE5, NE6, NE7

5-Year Average Property Prices in Newcastle upon Tyne

6.72%

Property prices in Newcastle upon Tyne increased by 6.72% 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 Newcastle upon Tyne Over the Last Year

1.27%

Property prices in Newcastle upon Tyne increased by 1.27% 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 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 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 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 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 Newcastle upon Tyne since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Newcastle upon Tyne area since 1995.

Recent Property Sales in Newcastle upon Tyne

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Eastlands, Newcastle Upon Tyne, Tyne And Wear, NE7 7YE£400,000£385,000-£15,00006 Jul 202418 Feb 2025227 Days
14 Lindale Road, Newcastle Upon Tyne, Tyne And Wear, NE4 9UN£240,000£235,000-£5,00002 Apr 202417 Feb 2025321 Days
19 Grange Road, Fenham, Newcastle Upon Tyne, Tyne And Wear, NE4 9LB£399,500£375,000-£24,50001 Mar 202414 Feb 2025350 Days
81 Featherstone Grove, Newcastle Upon Tyne, Tyne And Wear, NE3 5RF£450,000£443,000-£7,00006 Jul 202413 Feb 2025222 Days
85 Combe Drive, Newcastle Upon Tyne, Tyne And Wear, NE15 8XB£40,000£40,000£008 Nov 202413 Feb 202597 Days
31 Greenway, Fenham, Newcastle Upon Tyne, Tyne And Wear, NE4 9TU£120,000£112,500-£7,50018 Oct 202412 Feb 2025117 Days
51 Caldwell Road, Newcastle Upon Tyne, Tyne And Wear, NE3 2AX£200,000£197,500-£2,50021 Oct 202407 Feb 2025109 Days
7 Craigmillar Avenue, Newcastle Upon Tyne, Tyne And Wear, NE5 3SL£95,000£90,000-£5,00022 Jul 202407 Feb 2025200 Days
14 Ivymount Road, Newcastle Upon Tyne, Tyne And Wear, NE6 5RN£450,000£425,000-£25,00029 Aug 202407 Feb 2025162 Days
21 Lily Crescent, Newcastle Upon Tyne, Tyne And Wear, NE2 2SP£475,000£450,000-£25,00029 Jul 202407 Feb 2025193 Days
32 Sandyford Park, Newcastle Upon Tyne, Tyne And Wear, NE2 1TA£80,000£80,000£019 Apr 202407 Feb 2025294 Days
24 Chapel House Road, Newcastle Upon Tyne, Tyne And Wear, NE5 5AJ£275,000£270,000-£5,00011 Sep 202406 Feb 2025148 Days
2 Manor Gardens, Newcastle Upon Tyne, Tyne And Wear, NE7 7XP£295,000£295,000£025 Nov 202406 Feb 202573 Days
5 Hillhead Way, Newcastle Upon Tyne, Tyne And Wear, NE5 5QN£139,950£139,000-£95025 Oct 202403 Feb 2025101 Days
58 Overfield Road, Newcastle Upon Tyne, Tyne And Wear, NE3 3AJ£115,000£115,000£015 Aug 202431 Jan 2025169 Days
30 Malaga Close, Newcastle Upon Tyne, Tyne And Wear, NE5 1YB£315,000£315,000£022 Nov 202431 Jan 202570 Days
43 Kyloe Place, Newcastle Upon Tyne, Tyne And Wear, NE5 4AU£119,950£119,950£023 Mar 202431 Jan 2025314 Days
43 North Avenue, Westerhope, Newcastle Upon Tyne, Tyne And Wear, NE5 5HY£225,000£225,000£023 Aug 202431 Jan 2025161 Days
101 Spencer Street, Newcastle Upon Tyne, Tyne And Wear, NE6 5DA£150,000£150,000£024 Apr 202431 Jan 2025282 Days
32 Baret Road, Newcastle Upon Tyne, Tyne And Wear, NE6 4HY£239,950£235,000-£4,95030 Jul 202431 Jan 2025185 Days

Most Expensive Streets in Newcastle upon Tyne

PostcodeStreetAreaAverageNo. of Sales
NE3 4BHGraham Park RoadGosforth£1,584,3336
NE7 7BUJesmond Park WestNewcastle Upon Tyne£1,541,6663
NE3 4JHMontagu AvenueNewcastle Upon Tyne£1,535,0004
NE3 4EAFurzefield RoadGosforth£1,313,8124
NE2 2HELindisfarne RoadNewcastle Upon Tyne£1,279,5266
NE3 4BDElmfield RoadGosforth£1,269,5006
NE3 4HDLinden AvenueGosforth£1,216,6663
NE2 3JYMitchell AvenueNewcastle Upon Tyne£1,142,4647
NE3 4AQMoor CrescentGosforth£1,033,3336
NE2 1TLClayton RoadJesmond£1,003,40010

Least Expensive Streets in Newcastle upon Tyne

PostcodeStreetAreaAverageNo. of Sales
NE1 4BWSaint James BoulevardNewcastle Upon Tyne£40,0163
NE3 2BUBroomley CourtGosforth£43,0003
NE5 2JNDenton CourtSilver Lonnen£43,2504
NE5 3ANMoorside CourtPonteland Road£44,0003
NE6 2SEBenson RoadNewcastle Upon Tyne£45,0754
NE5 3YFSaint Keverne SquareNewcastle Upon Tyne£46,6663
NE6 2RYScarborough RoadNewcastle Upon Tyne£47,5004
NE6 3NPKingsmere GardensNewcastle Upon Tyne£47,54112
NE5 3XZSaint Just PlaceNewcastle Upon Tyne£49,3405
NE4 8UNColston StreetNewcastle Upon Tyne£50,3756

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