FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in NE15

House Prices in NE15 House Prices in NE15 (Newcastle Upon Tyne)

The average house price in NE15 (Newcastle Upon Tyne) is £201,104 using HM Land Registry data.

The average property price increased by £17,519 (26.65%) over the last 5 years and increased by £3,510 (4%) over the last 12 months.

Over the last year, there were 297 residential property sales – a decrease of 166 transactions (-55.89%) relative to the previous year. The majority of house sales (85) were in the £120,000 - £160,000 range. Then came properties in the £160,000 - £200,000 range, where 59 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 40 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,174 (-2%).

In Oct 24, there were 82 new estate agency instructions, 60 agreed home sales and 36 property price reductions.

Nearby Postcodes: CA6, CA8, CA9, DH2, DH8, DH9, DH98, DL13, NE1, NE11, NE13, NE16, NE17, NE18, NE19, NE2, NE20, NE21, NE3, NE39, NE4, NE40, NE41, NE42, NE43, NE44, NE45, NE46, NE47, NE48, NE49, NE5, NE61, NE8, NE82, NE85, NE88, NE9, TD8, TD9

5-Year Average Property Prices in NE15 (Newcastle Upon Tyne)

26.65%

Property prices in Newcastle Upon Tyne increased by 26.65% 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 NE15 (Newcastle Upon Tyne) Over the Last Year

4%

Property prices in Newcastle Upon Tyne increased by 4% 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 NE15 (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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 NE15 (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 NE15 (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 NE15 (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 NE15 (Newcastle Upon Tyne) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE15 postcode area since 1995.

Recent Sales in NE15 (Newcastle Upon Tyne)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Eldon Place, Lemington, Newcastle Upon Tyne, Tyne And Wear, NE15 8AQ£129,950£129,950£0020 May 202423 Aug 202495 Days
11 Castle View, Horsley, Newcastle Upon Tyne, Northumberland, NE15 0AG£135,000£134,000-£1,00028 May 202419 Aug 202483 Days
5 Hayleazes Road, Newcastle Upon Tyne, Tyne And Wear, NE15 7TQ£120,000£120,000£0013 Mar 202414 Aug 2024154 Days
74 Avalon Drive, Newcastle Upon Tyne, Tyne And Wear, NE15 7SF£84,950£84,950£0027 Sep 202309 Aug 2024317 Days
87 Burnham Avenue, Newcastle Upon Tyne, Tyne And Wear, NE15 8QG£160,000£160,000£0023 Mar 202407 Aug 2024137 Days
1 Southway, Newcastle Upon Tyne, Tyne And Wear, NE15 7RA£145,000£145,000£0016 Feb 202431 Jul 2024166 Days
6 Castle View, Horsley, Newcastle Upon Tyne, Northumberland, NE15 0AG£145,000£137,500-£7,50006 Mar 202430 Jul 2024146 Days
46 The Glade, North Walbottle, Newcastle Upon Tyne, Tyne And Wear, NE15 9XJ£375,000£368,000-£7,00029 Feb 202426 Jul 2024148 Days
4 West Spencer Terrace, Newcastle Upon Tyne, Tyne And Wear, NE15 9SL£95,000£92,500-£2,50027 Sep 202305 Jul 2024282 Days
7 Hawthorn Terrace, Walbottle, Newcastle Upon Tyne, Tyne And Wear, NE15 8JQ£129,500£129,500£0020 Mar 202428 Jun 2024100 Days
10 Valerian Avenue, Heddon On The Wall, Newcastle Upon Tyne, Northumberland, NE15 0EA£280,000£276,000-£4,00009 Feb 202421 Jun 2024133 Days
55 Dene Gardens, Newcastle Upon Tyne, Tyne And Wear, NE15 8RL£84,950£80,000-£4,95023 Jan 202418 Jun 2024147 Days
107 Hartside, Newcastle Upon Tyne, Tyne And Wear, NE15 8BZ£115,000£115,000£0027 Feb 202407 Jun 2024101 Days
37 Heathwell Road, Newcastle Upon Tyne, Tyne And Wear, NE15 7UQ£140,000£140,000£0022 Feb 202407 Jun 2024106 Days
7 Sunniside Gardens, Newcastle Upon Tyne, Tyne And Wear, NE15 7DU£220,000£200,000-£20,00006 Feb 202407 Jun 2024122 Days
5 Wharmlands Grove, Newcastle Upon Tyne, Tyne And Wear, NE15 7UE£125,000£125,000£0008 Nov 202331 May 2024205 Days
48 Bexley Avenue, Newcastle Upon Tyne, Tyne And Wear, NE15 7DE£160,000£160,000£0013 Feb 202431 May 2024108 Days
16 Stuart Gardens, Newcastle Upon Tyne, Tyne And Wear, NE15 9LS£165,000£159,500-£5,50030 Jan 202428 May 2024119 Days
19 Turret Road, Newcastle Upon Tyne, Tyne And Wear, NE15 7TE£160,000£160,000£0003 Apr 202424 May 202451 Days
10 St Vincents Close, Newcastle Upon Tyne, Tyne And Wear, NE15 7SN£175,000£167,500-£7,50005 Jan 202423 May 2024139 Days

Most Expensive Streets in NE15 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE15 0QDHarlow HillNewcastle Upon Tyne£554,59011
NE15 9RHThrockleyNewcastle Upon Tyne£517,0003
NE15 0BUHeddon Banks, Heddon On The WallNewcastle Upon Tyne£481,6005
NE15 0AFStonecroft, HorsleyNewcastle Upon Tyne£433,0003
NE15 0DRHeddon On The WallNewcastle Upon Tyne£423,8005
NE15 9FDGoldcrest RoadNewcastle Upon Tyne£423,25819
NE15 9FEPeregrine WayNewcastle Upon Tyne£423,07812
NE15 0NSHorsleyNewcastle Upon Tyne£410,0005
NE15 8JBQueens Road, WalbottleNewcastle Upon Tyne£379,5004
NE15 0DDKilliebrigs, Heddon On The WallNewcastle Upon Tyne£363,0008

Least Expensive Streets in NE15 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE15 9LNWoodlands CourtNewcastle Upon Tyne£46,9905
NE15 6AGHawthorn CloseNewcastle Upon Tyne£55,2818
NE15 7HURavenburn GardensNewcastle Upon Tyne£57,6254
NE15 7HXSwinley GardensNewcastle Upon Tyne£58,7005
NE15 8DPEva StreetNewcastle Upon Tyne£62,6503
NE15 8EFBennett CourtNewcastle Upon Tyne£62,6663
NE15 7SZAvalon DriveNewcastle Upon Tyne£66,2506
NE15 7XSOttringham CloseNewcastle Upon Tyne£67,3333
NE15 7DQTantobie RoadNewcastle Upon Tyne£67,3754
NE15 6LFBenwell Village MewsNewcastle Upon Tyne£68,4729

Explore NE15 (Newcastle Upon Tyne) using map

Sell Your
House Fast
Property Auctions Newcastle Upon Tyne
Property Auctions Newcastle Upon Tyne
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark