The average property price in Newcastle upon Tyne city is £188k. The average price increased by £2.1k (1%) over the last twelve months. The price of a newly built property was 226k and the price of an established property was 185k. There were 3.2k property sales and property sales dropped by 8.3% (-317 sales). Most properties were sold in the £100k-£150k price range with 935 (29.1%) properties sold, followed by £150k-£200k price range with 629 (19.6%) properties sold.
Newcastle upon Tyne
city September 2018 - August 2019
£188k
average property price
1%
average price percentage change
£2.1k
average price change
England + Wales
September 2018 - August 2019
£291k
average property price
-1%
average price percentage change
£-2.3k
average price change
Newcastle upon Tyne house prices map
shows the average property price in a given postcode sector between September 2018 - August 2019. The most affordable place was 'NE4 8' with the average price of £72.2k. The most expensive place was 'NE2 2', £354k.
Postcode sector
Average price
% of Newcastle upon Tyne avg. price (£188k)
NE1 1
£129k
69%
NE1 2
£146k
77%
NE1 3
£150k
80%
NE1 4
£176k
93%
NE1 5
£126k
67%
NE1 6
£169k
90%
NE1 8
£199k
106%
NE12 8
£152k
81%
NE13 9
£261k
139%
NE15 6
£110k
59%
NE15 7
£127k
68%
NE2 1
£223k
118%
NE2 2
£354k
188%
NE2 3
£321k
171%
NE2 4
£215k
114%
NE3 1
£279k
148%
NE3 2
£162k
86%
NE3 3
£149k
79%
NE3 4
£334k
178%
NE3 5
£311k
165%
NE4 5
£111k
59%
NE4 6
£209k
111%
NE4 7
£77.6k
41%
NE4 8
£72.2k
38%
NE4 9
£181k
96%
NE5 2
£116k
62%
NE5 3
£112k
60%
NE5 4
£130k
69%
NE5 5
£143k
76%
NE6 1
£173k
92%
NE6 2
£76.0k
40%
NE6 3
£95.9k
51%
NE6 4
£136k
72%
NE6 5
£169k
90%
NE7 7
£201k
107%
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 September 2018 - August 2019 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 £188k, Newcastle upon Tyne is the 47. 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 September 2018 - August 2019.
Property price range
Market share
Sales volumes
under £50k
2.3%
75
£50k-£100k
18.4%
590
£100k-£150k
29.1%
935
£150k-£200k
19.6%
629
£200k-£250k
10.7%
344
£250k-£300k
7.1%
229
£300k-£400k
7.5%
241
£400k-£500k
2.1%
66
£500k-£750k
2.4%
78
£750k-£1M
0.3%
11
over £1M
0.3%
10
Newcastle upon Tyne cost comparison of new homes and older homes
September 2018 - August 2019
£226k
A newly built property
£185k
An established property
Newcastle upon Tyne cost comparison of houses and flats
September 2018 - August 2019
£345k
Detached
£133k
Flat
£186k
Semi-Detached
£182k
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 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.
