The average property price in Newcastle upon Tyne city is £192k. The average price increased by £7.0k (4%) over the last twelve months. The price of an established property is £188k. The price of a newly built property is £233k. There were 3.2k property sales and sales dropped by 7.8% (-290 transactions). Most properties were sold in the £100k-£150k price range with 929 (29.0%) properties sold, followed by £150k-£200k price range with 628 (19.6%) properties sold.
Newcastle upon Tyne
city November 2018 - October 2019
£192k
average property price
4%
average price percentage change
£7.0k
average price change
England + Wales
November 2018 - October 2019
£292k
average property price
-1%
average price percentage change
£-2.4k
average price change
Newcastle upon Tyne house prices map
shows the average property price in a given postcode sector between November 2018 - October 2019. The most affordable place was 'NE4 7' with the average price of £73.1k. The most expensive place was 'NE2 2', £372k.
Postcode sector
Average price
% of Newcastle upon Tyne avg. price (£192k)
NE1 1
£141k
73%
NE1 2
£151k
78%
NE1 3
£161k
83%
NE1 4
£176k
91%
NE1 5
£116k
60%
NE1 6
£130k
67%
NE1 8
£131k
68%
NE12 8
£149k
77%
NE13 9
£268k
139%
NE15 6
£117k
61%
NE15 7
£125k
65%
NE2 1
£237k
123%
NE2 2
£372k
193%
NE2 3
£326k
170%
NE2 4
£246k
128%
NE3 1
£283k
147%
NE3 2
£166k
86%
NE3 3
£149k
77%
NE3 4
£334k
173%
NE3 5
£312k
162%
NE4 5
£110k
57%
NE4 6
£234k
122%
NE4 7
£73.1k
38%
NE4 8
£80.4k
42%
NE4 9
£177k
92%
NE5 2
£117k
61%
NE5 3
£115k
60%
NE5 4
£130k
67%
NE5 5
£147k
76%
NE6 1
£192k
100%
NE6 2
£82.4k
43%
NE6 3
£93.4k
49%
NE6 4
£135k
70%
NE6 5
£174k
90%
NE7 7
£207k
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 November 2018 - October 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 £192k, 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 November 2018 - October 2019.
Property price range
Market share
Sales volumes
under £50k
2.2%
72
£50k-£100k
17.7%
567
£100k-£150k
29.0%
929
£150k-£200k
19.6%
628
£200k-£250k
10.9%
350
£250k-£300k
7.0%
224
£300k-£400k
8.1%
259
£400k-£500k
2.1%
67
£500k-£750k
2.6%
84
£750k-£1M
0.5%
17
over £1M
0.3%
11
Newcastle upon Tyne cost comparison of new homes and older homes
November 2018 - October 2019
£233k
A newly built property
£188k
An established property
Newcastle upon Tyne cost comparison of houses and flats
November 2018 - October 2019
£338k
Detached
£137k
Flat
£193k
Semi-Detached
£186k
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.
