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Newcastle upon Tyne House Prices Newcastle upon Tyne House Prices

The average house price in Newcastle upon Tyne is £221,088 using HM Land Registry data.

The average property price increased by £36,901 (17.56%) over the last 5 years and increased by £7,392 (3.08%) over the last 12 months.

Over the last year, there were 2,447 residential property sales – a decrease of 708 transactions (-28.93%) relative to the previous year. The majority of house sales (639) were in the £152,000 - £214,000 range. Then came properties in the £90,000 - £152,000 range, where 626 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 138 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,027 (-2%).

In January 2025, there were 434 new estate agency instructions, 347 agreed home sales and 124 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

17.56%

Property prices in Newcastle upon Tyne increased by 17.56% 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

3.08%

Property prices in Newcastle upon Tyne increased by 3.08% 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 - January 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 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
110 Beaumont Terrace, Westerhope, Newcastle Upon Tyne, Tyne And Wear, NE5 5JQ£115,000£115,000£026 Sep 202417 Dec 202482 Days
5 Agnes Maria Street, Newcastle Upon Tyne, Tyne And Wear, NE3 3XD£160,000£160,000£028 Jun 202416 Dec 2024171 Days
4 Bowfield Avenue, Newcastle Upon Tyne, Tyne And Wear, NE3 5TD£449,950£427,242-£22,70813 Sep 202413 Dec 202491 Days
10 Braintree Gardens, Newcastle Upon Tyne, Tyne And Wear, NE3 3DL£325,000£325,000£013 Aug 202413 Dec 2024122 Days
36 Manor Park, Newcastle Upon Tyne, Tyne And Wear, NE7 7FS£320,000£310,000-£10,00016 Apr 202413 Dec 2024241 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
33 Broadwood Road, Newcastle Upon Tyne, Tyne And Wear, NE15 7SY£179,950£167,000-£12,95030 Apr 202411 Dec 2024225 Days
30 Dovedale Gardens, Newcastle Upon Tyne, Tyne And Wear, NE7 7QP£335,000£331,500-£3,50019 Jan 202411 Dec 2024327 Days
87 Appletree Gardens, Newcastle Upon Tyne, Tyne And Wear, NE6 4SU£290,000£285,000-£5,00017 Aug 202409 Dec 2024114 Days
50 Princes Road, Newcastle Upon Tyne, Tyne And Wear, NE3 5AN£400,000£385,000-£15,00023 Mar 202406 Dec 2024258 Days
25 Chadderton Drive, Newcastle Upon Tyne, Tyne And Wear, NE5 1EL£335,000£335,000£014 Jun 202406 Dec 2024175 Days
13 Nedderton Close, Walbottle, Newcastle Upon Tyne, Tyne And Wear, NE5 1QF£219,950£219,950£016 Aug 202406 Dec 2024112 Days
6 Highgrove, Newcastle Upon Tyne, Tyne And Wear, NE5 1RT£289,950£280,000-£9,95022 Jul 202406 Dec 2024137 Days
8 Arundel Drive, Newcastle Upon Tyne, Tyne And Wear, NE15 7SP£179,950£177,000-£2,95004 Jul 202406 Dec 2024155 Days
18 Ashover Road, Newcastle Upon Tyne, Tyne And Wear, NE3 3GH£105,000£105,000£009 Sep 202429 Nov 202481 Days
9 Laleham Court, Newcastle Upon Tyne, Tyne And Wear, NE3 2XL£180,000£175,000-£5,00005 Sep 202429 Nov 202485 Days
34 The Roman Way, Newcastle Upon Tyne, Tyne And Wear, NE5 5AB£220,000£215,000-£5,00005 Jul 202429 Nov 2024147 Days
4 Alnham Green, Newcastle Upon Tyne, Tyne And Wear, NE5 1BH£185,000£182,000-£3,00011 Apr 202429 Nov 2024232 Days
148 West Avenue, Westerhope, Newcastle Upon Tyne, Tyne And Wear, NE5 5JH£210,000£207,500-£2,50008 Jul 202429 Nov 2024144 Days

Most Expensive Streets in Newcastle upon Tyne

PostcodeStreetAreaAverageNo. of Sales
NE3 4BHGraham Park RoadNewcastle Upon Tyne£1,645,2005
NE7 7BUJesmond Park WestNewcastle Upon Tyne£1,541,6663
NE3 4JHMontagu AvenueNewcastle Upon Tyne£1,535,0004
NE3 4EAFurzefield RoadNewcastle Upon Tyne£1,313,8124
NE2 2HELindisfarne RoadNewcastle Upon Tyne£1,279,5266
NE3 4BDElmfield RoadGosforth£1,269,5006
NE3 4HDLinden AvenueGosforth£1,216,6663
NE3 4DSNorth AvenueGosforth£1,144,8333
NE3 4AQMoor CrescentNewcastle Upon Tyne£1,100,0007
NE2 3JYMitchell AvenueNewcastle Upon Tyne£1,098,4068

Least Expensive Streets in Newcastle upon Tyne

PostcodeStreetAreaAverageNo. of Sales
NE6 2JDCanterbury StreetNewcastle Upon Tyne£42,0333
NE3 2BUBroomley CourtNewcastle Upon Tyne£43,0003
NE5 2JNDenton CourtSilver Lonnen£43,2504
NE3 1SLBowes CourtNewcastle Upon Tyne£44,5163
NE6 3NPKingsmere GardensNewcastle Upon Tyne£44,88413
NE6 2SEBenson RoadNewcastle Upon Tyne£45,0754
NE5 3YFSt Keverne SquareNewcastle Upon Tyne£46,6663
NE3 2JYWitton CourtNewcastle Upon Tyne£47,6663
NE5 3XZSt Just PlaceKenton£49,3405
NE3 3RTBellingham CourtKenton£50,3323

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