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House Prices in NE12 House Prices in NE12 (Newcastle Upon Tyne)

The average house price in NE12 (Newcastle Upon Tyne) is £211,576 using HM Land Registry data.

The average property price increased by £23,568 (16.33%) over the last 5 years and increased by £4,722 (2.64%) over the last 12 months.

Over the last year, there were 360 residential property sales – a decrease of 201 transactions (-55.83%) relative to the previous year. The majority of house sales (98) were in the £136,000 - £182,000 range. Then came properties in the £90,000 - £136,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,109 (-2%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

Nearby Postcodes: DH3, DH4, DH8, DH9, NE10, NE13, NE16, NE17, NE2, NE21, NE22, NE23, NE24, NE25, NE26, NE27, NE28, NE29, NE3, NE30, NE31, NE32, NE33, NE34, NE35, NE36, NE37, NE38, NE39, NE4, NE40, NE5, NE6, NE61, NE66, NE67, NE68, NE69, NE7, NE70, NE71, NE9, SR4, SR5, SR6, TD12, TD15, TD5

5-Year Average Property Prices in NE12 (Newcastle Upon Tyne)

16.33%

Property prices in Newcastle Upon Tyne increased by 16.33% 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 NE12 (Newcastle Upon Tyne) Over the Last Year

2.64%

Property prices in Newcastle Upon Tyne increased by 2.64% 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 NE12 (Newcastle Upon Tyne) - Oct 24

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 NE12 (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 NE12 (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 NE12 (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 NE12 (Newcastle Upon Tyne) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE12 postcode area since 1995.

Recent Sales in NE12 (Newcastle Upon Tyne)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
99 West Farm Wynd, Longbenton, Newcastle Upon Tyne, Tyne And Wear, NE12 8UJ£165,000£165,000£0004 Jun 202423 Aug 202480 Days
41 Amberley Chase, Newcastle Upon Tyne, Tyne And Wear, NE12 6SB£140,000£140,000£0003 Feb 202416 Aug 2024195 Days
21 Queensbury Gate, Longbenton, Newcastle Upon Tyne, Tyne And Wear, NE12 8JW£210,000£210,000£0025 Apr 202414 Aug 2024111 Days
3 Amberley Chase, Newcastle Upon Tyne, Tyne And Wear, NE12 6SB£150,000£147,000-£3,00018 Apr 202405 Aug 2024109 Days
8 Longhirst, Killingworth, Newcastle Upon Tyne, Tyne And Wear, NE12 5BG£280,000£280,000£0026 Jan 202401 Aug 2024188 Days
43 Amberley Chase, Newcastle Upon Tyne, Tyne And Wear, NE12 6SB£160,000£160,000£0011 Mar 202426 Jul 2024137 Days
1 Holly Avenue, Forest Hall, Newcastle Upon Tyne, Tyne And Wear, NE12 7NE£135,000£135,000£0020 Apr 202428 Jun 202469 Days
40 Granville Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear, NE12 9LB£380,000£366,000-£14,00018 Dec 202328 Jun 2024193 Days
17 Wilson Terrace, Newcastle Upon Tyne, Tyne And Wear, NE12 7JP£175,000£157,000-£18,00029 Feb 202421 Jun 2024113 Days
43 Cresswell Avenue, Newcastle Upon Tyne, Tyne And Wear, NE12 9DU£150,000£145,000-£5,00019 Jan 202421 Jun 2024154 Days
4 Cowper Terrace, Newcastle Upon Tyne, Tyne And Wear, NE12 7NN£180,000£180,000£0008 Mar 202419 Jun 2024103 Days
39 White Swan Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear, NE12 6UG£110,000£105,000-£5,00021 Jun 201618 Jun 20242919 Days
2 Marlow Place, Newcastle Upon Tyne, Tyne And Wear, NE12 8HR£120,000£120,000£0008 Feb 202417 Jun 2024130 Days
15 Regents Court, Newcastle Upon Tyne, Tyne And Wear, NE12 7PD£80,000£80,000£0023 Oct 202312 Jun 2024233 Days
29 Purbeck Road, Newcastle Upon Tyne, Tyne And Wear, NE12 8NE£159,950£152,720-£7,23028 Feb 202412 Jun 2024105 Days
118 Moor View, Camperdown, Newcastle Upon Tyne, Tyne And Wear, NE12 5XN£145,000£145,000£0021 Feb 202412 Jun 2024112 Days
11 Silverstone, Newcastle Upon Tyne, Tyne And Wear, NE12 6LS£155,000£155,000£0024 Oct 202311 Jun 2024231 Days
25 Thirlmere Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear, NE12 6GZ£300,000£295,000-£5,00007 Nov 202307 Jun 2024213 Days
66 Forest Gate, Palmersville, Newcastle Upon Tyne, Tyne And Wear, NE12 9EF£175,000£168,000-£7,00001 Feb 202407 Jun 2024127 Days
35 Maybury Villas, Longbenton, Newcastle Upon Tyne, Tyne And Wear, NE12 8RF£245,000£240,000-£5,00018 Jan 202407 Jun 2024141 Days

Most Expensive Streets in NE12 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE12 7EFKipley Close, KillingworthNewcastle Upon Tyne£542,5003
NE12 9PEThe Grove, Forest HallNewcastle Upon Tyne£537,0005
NE12 9PHEast AvenueNewcastle Upon Tyne£513,3333
NE12 6BRSt Josephs CloseNewcastle Upon Tyne£492,2788
NE12 7FADenewood, Forest HallNewcastle Upon Tyne£489,7504
NE12 8AYTynedale TerraceNewcastle Upon Tyne£475,0003
NE12 7EABarn Close, KillingworthNewcastle Upon Tyne£461,6663
NE12 7BGWindmill Court, KillingworthNewcastle Upon Tyne£432,24512
NE12 7ANElm Grove, Forest HallNewcastle Upon Tyne£416,6005
NE12 7BSHarvest Way, KillingworthNewcastle Upon Tyne£399,27525

Least Expensive Streets in NE12 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE12 7NQWest Moor CourtNewcastle Upon Tyne£50,6005
NE12 9QXThorntree CourtNewcastle Upon Tyne£54,0504
NE12 9RABoston CourtNewcastle Upon Tyne£56,04010
NE12 6YPShaftoe Court, KillingworthNewcastle Upon Tyne£64,7504
NE12 6YRBroomlee Road, KillingworthNewcastle Upon Tyne£66,1586
NE12 6HTRowan CroftNewcastle Upon Tyne£68,7005
NE12 6YNAcomb CourtNewcastle Upon Tyne£70,3005
NE12 6YEWallington Court, KillingworthNewcastle Upon Tyne£70,5004
NE12 8QRLutterworth RoadNewcastle Upon Tyne£71,8754
NE12 8LSWest Farm AvenueNewcastle Upon Tyne£78,4613

Explore NE12 (Newcastle Upon Tyne) using map

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