The average property price in Newcastle upon Tyne city is £191k. The average price increased by £4.4k (2%) over the last twelve months. The price of an established property is £187k. The price of a newly built property is £235k. There were 3.1k property sales and sales dropped by 8.4% (-310 transactions). Most properties were sold in the £100k-£150k price range with 902 (28.7%) properties sold, followed by £150k-£200k price range with 629 (20.0%) properties sold.
Newcastle upon Tyne
city December 2018 - November 2019
£191k
average property price
2%
average price percentage change
£4.4k
average price change
England + Wales
December 2018 - November 2019
£293k
average property price
-1%
average price percentage change
£-1.8k
average price change
Newcastle upon Tyne house prices map
shows the average property price in a given postcode sector between December 2018 - November 2019. The most affordable place was 'NE4 7' with the average price of £73.2k. The most expensive place was 'NE2 2', £338k.
Postcode sector
Average price
% of Newcastle upon Tyne avg. price (£191k)
NE1 1
£141k
74%
NE1 2
£164k
86%
NE1 3
£160k
84%
NE1 4
£185k
97%
NE1 5
£115k
60%
NE1 6
£130k
68%
NE1 8
£131k
68%
NE12 8
£149k
78%
NE13 9
£271k
142%
NE15 6
£120k
63%
NE15 7
£127k
66%
NE2 1
£239k
125%
NE2 2
£338k
177%
NE2 3
£313k
164%
NE2 4
£257k
135%
NE3 1
£277k
145%
NE3 2
£164k
86%
NE3 3
£146k
77%
NE3 4
£327k
171%
NE3 5
£310k
162%
NE4 5
£108k
57%
NE4 6
£229k
120%
NE4 7
£73.2k
38%
NE4 8
£81.8k
43%
NE4 9
£176k
92%
NE5 2
£119k
62%
NE5 3
£120k
63%
NE5 4
£134k
70%
NE5 5
£148k
77%
NE6 1
£190k
99%
NE6 2
£82.1k
43%
NE6 3
£95.8k
50%
NE6 4
£137k
72%
NE6 5
£173k
90%
NE7 7
£208k
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 December 2018 - November 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 £191k, 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 December 2018 - November 2019.
Property price range
Market share
Sales volumes
under £50k
2.2%
70
£50k-£100k
17.9%
563
£100k-£150k
28.7%
902
£150k-£200k
20.0%
629
£200k-£250k
10.9%
342
£250k-£300k
6.9%
218
£300k-£400k
7.9%
249
£400k-£500k
2.0%
63
£500k-£750k
2.7%
85
£750k-£1M
0.6%
19
over £1M
0.2%
6
Newcastle upon Tyne cost comparison of new homes and older homes
December 2018 - November 2019
£235k
A newly built property
£187k
An established property
Newcastle upon Tyne cost comparison of houses and flats
December 2018 - November 2019
£326k
Detached
£136k
Flat
£194k
Semi-Detached
£185k
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.
