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House Prices in NE4 House Prices in NE4 (Newcastle Upon Tyne)

The average house price in NE4 (Newcastle Upon Tyne) is £306,995 using HM Land Registry data.

The average property price increased by £20,334 (11.65%) over the last 5 years and increased by £4,075 (1.95%) over the last 12 months.

Over the last year, there were 162 residential property sales – a decrease of 62 transactions (-38.27%) relative to the previous year. The majority of house sales (54) were in the £70,000 - £128,000 range. Then came properties in the £128,000 - £186,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 112 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,015 (-5%).

In Dec 24, there were 16 new estate agency instructions, 13 agreed home sales and 6 property price reductions.

Nearby Postcodes: , CA6, CA8, CA9, DH2, DH3, DH4, DH8, DH9, DH98, DL13, NE1, NE10, NE11, NE12, NE13, NE15, NE16, NE17, NE18, NE19, NE2, NE20, NE21, NE22, NE23, NE24, NE25, NE26, NE27, NE28, NE29, NE3, NE30, NE31, NE32, NE33, NE34, NE35, NE36, NE37, NE38, NE39, NE40, NE41, NE42, NE43, NE44, NE45, NE46, NE47, NE48, NE49, NE5, NE6, NE61, NE62, NE63, NE65, NE7, NE8, NE82, NE83, NE85, NE88, NE9, NE99, SR4, SR5, SR6, TD8, TD9

5-Year Average Property Prices in NE4 (Newcastle Upon Tyne)

11.65%

Property prices in Newcastle Upon Tyne increased by 11.65% 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 NE4 (Newcastle Upon Tyne) Over the Last Year

1.95%

Property prices in Newcastle Upon Tyne increased by 1.95% 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 NE4 (Newcastle Upon Tyne) - Dec 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 NE4 (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 NE4 (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 NE4 (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 NE4 (Newcastle Upon Tyne) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE4 postcode area since 1995.

Recent Sales in NE4 (Newcastle Upon Tyne)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
29 Western Drive, Newcastle Upon Tyne, Tyne And Wear, NE4 8SQ£124,000£122,000-£2,00004 Sep 202404 Nov 202461 Days
17 Gowland Avenue, Newcastle Upon Tyne, Tyne And Wear, NE4 9NE£205,000£97,500-£107,50026 May 201611 Oct 20243060 Days
22 Cottenham Chare, Newcastle Upon Tyne, Tyne And Wear, NE4 5RL£175,000£155,000-£20,00010 Jun 202427 Sep 2024109 Days
340 West Road, Newcastle Upon Tyne, Tyne And Wear, NE4 9JU£199,950£176,000-£23,95002 Jul 202416 Sep 202476 Days
47 Kingsway, Newcastle Upon Tyne, Tyne And Wear, NE4 9UJ£245,000£245,000£0029 Mar 202413 Sep 2024168 Days
60 Nuns Moor Road, Newcastle Upon Tyne, Tyne And Wear, NE4 9AY£425,000£425,000£0002 Apr 202412 Sep 2024163 Days
21 Baxter Avenue, Newcastle Upon Tyne, Tyne And Wear, NE4 9QD£210,000£175,500-£34,50015 Feb 201231 Jul 20244550 Days
157 Newminster Road, Newcastle Upon Tyne, Tyne And Wear, NE4 9LN£145,000£140,000-£5,00027 Mar 202419 Jul 2024114 Days
354 West Road, Newcastle Upon Tyne, Tyne And Wear, NE4 9JX£220,000£199,000-£21,00001 May 202412 Jul 202472 Days
69 Shipley Avenue, Newcastle Upon Tyne, Tyne And Wear, NE4 9QY£200,000£190,000-£10,00021 Feb 202428 Jun 2024128 Days
8 Bracken Place, Newcastle Upon Tyne, Tyne And Wear, NE4 9QS£95,000£90,000-£5,00023 Mar 202421 Jun 202490 Days
32 Ord Court, Newcastle Upon Tyne, Tyne And Wear, NE4 9YF£100,000£92,000-£8,00016 Jan 202421 Jun 2024157 Days
21 Greywood Avenue, Newcastle Upon Tyne, Tyne And Wear, NE4 9PA£100,000£95,000-£5,00015 Feb 202411 Jun 2024117 Days
26 Western Avenue, Grainger Park, Newcastle Upon Tyne, Tyne And Wear, NE4 8SP£220,000£200,000-£20,00022 Jan 202424 May 2024123 Days
9 Wingrove Gardens, Newcastle Upon Tyne, Tyne And Wear, NE4 9HS£115,000£115,000£0011 Oct 202310 May 2024212 Days
30 Cherryburn Gardens, Newcastle Upon Tyne, Tyne And Wear, NE4 9UQ£335,000£335,000£0026 Dec 202311 Apr 2024107 Days
20 Dobson Close, Newcastle Upon Tyne, Tyne And Wear, NE4 7EA£135,000£129,000-£6,00023 Nov 202305 Apr 2024134 Days
56 Nuns Moor Road, Newcastle Upon Tyne, Tyne And Wear, NE4 9AY£250,000£250,000£0023 Nov 202322 Mar 2024120 Days
17 Western Avenue, Grainger Park, Newcastle Upon Tyne, Tyne And Wear, NE4 8SL£200,000£120,000-£80,00002 Nov 202318 Mar 2024137 Days
Flat 7, The Cedars, Park Road, Newcastle Upon Tyne, Tyne And Wear, NE4 7DX£79,950£75,000-£4,95019 Jul 201626 Feb 20242778 Days

Most Expensive Streets in NE4 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE4 9DUMoorside NorthNewcastle Upon Tyne£802,3336
NE4 9DXMoorside NorthNewcastle Upon Tyne£701,2504
NE4 9DYMoorside NorthNewcastle Upon Tyne£515,0005
NE4 9EHWingrove Road NorthNewcastle Upon Tyne£474,6663
NE4 9EEWingrove Road NorthNewcastle Upon Tyne£461,5717
NE4 9BZVicus StreetNewcastle Upon Tyne£441,9338
NE4 9BGAsturian WayNewcastle Upon Tyne£438,66218
NE4 9BBMoorside SouthNewcastle Upon Tyne£430,1586
NE4 9BWPraetorian RoadNewcastle Upon Tyne£407,18815
NE4 9DDWingrove RoadNewcastle Upon Tyne£401,35714

Least Expensive Streets in NE4 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE4 8EBAxbridge GardensNewcastle Upon Tyne£49,6663
NE4 8UNColston StreetNewcastle Upon Tyne£50,5624
NE4 8PQHugh GardensNewcastle Upon Tyne£52,5005
NE4 8PYClara StreetNewcastle Upon Tyne£58,1663
NE4 8YABilbrough GardensNewcastle Upon Tyne£60,2504
NE4 8TQEllesmere RoadNewcastle Upon Tyne£60,5006
NE4 8TYFarndale RoadNewcastle Upon Tyne£61,2504
NE4 8TSEllesmere RoadNewcastle Upon Tyne£65,2005
NE4 8XSAtkinson RoadNewcastle Upon Tyne£65,6204
NE4 8AHLadykirk RoadNewcastle Upon Tyne£67,00012

Explore NE4 (Newcastle Upon Tyne) using map

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