The average property price in Newcastle upon Tyne city is £195k. The average price increased by £9.2k (5%) over the last twelve months. The price of an established property is £191k. The price of a newly built property is £242k. There were 3.2k property sales and sales dropped by 8.7% (-321 transactions). Most properties were sold in the £100k-£150k price range with 895 (28.2%) properties sold, followed by £150k-£200k price range with 663 (20.9%) properties sold.
Newcastle upon Tyne
city March 2019 - February 2020
£195k
average property price
5%
average price percentage change
£9.2k
average price change
England + Wales
March 2019 - February 2020
£296k
average property price
1%
average price percentage change
£2.1k
average price change
Newcastle upon Tyne house prices map
shows the average property price in a given postcode sector between March 2019 - February 2020. The most affordable place was 'NE4 7' with the average price of £72.0k. The most expensive place was 'NE3 4', £362k.
Postcode sector
Average price
% of Newcastle upon Tyne avg. price (£195k)
NE1 1
£136k
69%
NE1 2
£152k
78%
NE1 3
£157k
81%
NE1 4
£170k
87%
NE1 5
£113k
58%
NE1 6
£131k
67%
NE1 8
£165k
84%
NE12 8
£148k
76%
NE13 9
£268k
137%
NE15 6
£121k
62%
NE15 7
£128k
66%
NE2 1
£260k
133%
NE2 2
£355k
182%
NE2 3
£311k
159%
NE2 4
£256k
131%
NE3 1
£281k
144%
NE3 2
£172k
88%
NE3 3
£151k
77%
NE3 4
£362k
185%
NE3 5
£314k
161%
NE4 5
£111k
57%
NE4 6
£208k
107%
NE4 7
£72.0k
37%
NE4 8
£94.1k
48%
NE4 9
£173k
88%
NE5 2
£124k
63%
NE5 3
£125k
64%
NE5 4
£140k
71%
NE5 5
£145k
74%
NE6 1
£200k
102%
NE6 2
£84.4k
43%
NE6 3
£93.9k
48%
NE6 4
£139k
71%
NE6 5
£176k
90%
NE7 7
£213k
109%
Newcastle upon Tyne house prices compared to other cities
Comparison of the average property price and an average price percentage change by city. Price % change compares the average property price between March 2019 - February 2020 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in city.
Average price percentage changeAverage property price
Newcastle upon Tyne house price rank
With the average price of £195k, Newcastle upon Tyne is the 48. cheapest city out of 113 England and Wales' cities.
Newcastle upon Tyne property sales share by price range
shows a number of properties sold in a given price range between March 2019 - February 2020.
Property price range
Market share
Sales volumes
under £50k
1.9%
60
£50k-£100k
17.1%
542
£100k-£150k
28.2%
895
£150k-£200k
20.9%
663
£200k-£250k
10.8%
341
£250k-£300k
7.6%
242
£300k-£400k
7.6%
242
£400k-£500k
2.1%
68
£500k-£750k
2.7%
87
£750k-£1M
0.7%
22
over £1M
0.3%
10
Newcastle upon Tyne cost comparison of new homes and older homes
March 2019 - February 2020
£242k
A newly built property
£191k
An established property
Newcastle upon Tyne cost comparison of houses and flats
March 2019 - February 2020
£337k
Detached
£138k
Flat
£196k
Semi-Detached
£189k
Terraced
Newcastle upon Tyne real house prices
Yearly average nominal house prices adjusted for inflation.
Newcastle upon Tyne house prices compared to England & Wales' house prices
Yearly average nominal prices
Newcastle upon Tyne square meter house prices compared to England & Wales' prices
Yearly average nominal prices per square meter.
Newcastle upon Tyne house prices and nearby cities
Yearly average nominal prices
Newcastle upon Tyne house prices new vs established
Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.
