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House Prices in NE6 House Prices in NE6 (Newcastle Upon Tyne)

The average house price in NE6 (Newcastle Upon Tyne) is £156,543 using HM Land Registry data.

The average property price increased by £36,029 (22.91%) over the last 5 years and increased by £7,219 (3.53%) over the last 12 months.

Over the last year, there were 352 residential property sales – a decrease of 125 transactions (-35.51%) relative to the previous year. The majority of house sales (110) were in the £118,000 - £166,000 range. Then came properties in the £70,000 - £118,000 range, where 66 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 115 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,958 (-2%).

In Dec 24, there were 34 new estate agency instructions, 32 agreed home sales and 9 property price reductions.

Nearby Postcodes: , DH2, DH8, DH9, DH98, 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, NE36, NE37, NE39, NE4, NE40, NE41, NE42, NE43, NE45, NE46, NE48, NE5, NE61, NE62, NE63, NE64, NE65, NE66, NE67, NE68, NE69, NE7, NE70, NE71, NE8, NE82, NE83, NE85, NE88, NE9, NE99, TD12, TD15, TD5, TD8

5-Year Average Property Prices in NE6 (Newcastle Upon Tyne)

22.91%

Property prices in Newcastle Upon Tyne increased by 22.91% 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 NE6 (Newcastle Upon Tyne) Over the Last Year

3.53%

Property prices in Newcastle Upon Tyne increased by 3.53% 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 NE6 (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 NE6 (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 NE6 (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 NE6 (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 NE6 (Newcastle Upon Tyne) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE6 postcode area since 1995.

Recent Sales in NE6 (Newcastle Upon Tyne)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
52 Church Walk, Newcastle Upon Tyne, Tyne And Wear, NE6 3HU£125,000£125,000£0015 Jun 202412 Nov 2024150 Days
15 Lytham Place, Newcastle Upon Tyne, Tyne And Wear, NE6 2PY£115,000£115,000£0021 May 202431 Oct 2024163 Days
22 Ebor Street, Newcastle Upon Tyne, Tyne And Wear, NE6 5DL£220,000£215,000-£5,00005 Aug 202429 Oct 202485 Days
15 Meadowfield Gardens, Newcastle Upon Tyne, Tyne And Wear, NE6 4TA£209,950£209,950£0011 Mar 202424 Oct 2024227 Days
61 Harbottle Court, Newcastle Upon Tyne, Tyne And Wear, NE6 2AH£100,000£96,500-£3,50022 Feb 202406 Aug 2024166 Days
7 Nidsdale Avenue, Newcastle Upon Tyne, Tyne And Wear, NE6 4LN£165,000£164,000-£1,00030 Apr 202401 Aug 202493 Days
5 Thorne Terrace, Newcastle Upon Tyne, Tyne And Wear, NE6 4AS£120,000£120,000£0015 Feb 202415 Jul 2024151 Days
31 Huntcliffe Gardens, Newcastle Upon Tyne, Tyne And Wear, NE6 5UD£215,000£210,000-£5,00017 Nov 202311 Jul 2024237 Days
3 Stotts Road, Newcastle Upon Tyne, Tyne And Wear, NE6 4UH£160,000£160,000£0015 Apr 202408 Jul 202484 Days
34 Redcar Road, Newcastle Upon Tyne, Tyne And Wear, NE6 5UE£119,000£119,000£0030 Apr 202408 Jul 202469 Days
10 Eastbourne Avenue, Newcastle Upon Tyne, Tyne And Wear, NE6 4DS£49,000£49,000£0012 Apr 202427 Jun 202476 Days
55 George Road, Newcastle Upon Tyne, Tyne And Wear, NE6 4XB£110,000£108,000-£2,00008 Feb 202421 Jun 2024134 Days
1020 Shields Road, Newcastle Upon Tyne, Tyne And Wear, NE6 4SQ£249,950£245,000-£4,95016 Sep 202318 Jun 2024276 Days
125 Walker Road, Newcastle Upon Tyne, Tyne And Wear, NE6 1RL£155,000£152,500-£2,50016 Jan 202413 Jun 2024149 Days
15 Melton Avenue, Newcastle Upon Tyne, Tyne And Wear, NE6 3BH£125,000£125,000£0023 Dec 202303 Jun 2024163 Days
3 Northmoor Road, Newcastle Upon Tyne, Tyne And Wear, NE6 4RY£280,000£275,000-£5,00012 Sep 202331 May 2024262 Days
398 Grace Street, Newcastle Upon Tyne, Tyne And Wear, NE6 2RQ£115,000£100,000-£15,00002 Feb 202430 May 2024118 Days
4 Cheltenham Terrace, Newcastle Upon Tyne, Tyne And Wear, NE6 5HR£110,000£110,000£0030 Apr 202424 May 202424 Days
154 Addycombe Terrace, Newcastle Upon Tyne, Tyne And Wear, NE6 5SQ£250,000£250,000£0024 Jan 202410 May 2024107 Days
93 Avondale Rise, Newcastle Upon Tyne, Tyne And Wear, NE6 2FS£85,000£85,000£0006 Feb 202403 May 202487 Days

Most Expensive Streets in NE6 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE6 5REKing Edward RoadNewcastle Upon Tyne£510,0003
NE6 5BAStratford Grove TerraceNewcastle Upon Tyne£460,0003
NE6 5RHHolderness RoadNewcastle Upon Tyne£410,8004
NE6 5RDArmstrong AvenueNewcastle Upon Tyne£397,1258
NE6 5RNIvymount RoadNewcastle Upon Tyne£387,5003
NE6 5RLBroxholm RoadNewcastle Upon Tyne£382,4449
NE6 5RBSwindon TerraceNewcastle Upon Tyne£377,8005
NE6 5QBHeaton RoadNewcastle Upon Tyne£373,9413
NE6 5LTTrewhitt RoadNewcastle Upon Tyne£349,3754
NE6 5RJBeatrice RoadNewcastle Upon Tyne£346,2503

Least Expensive Streets in NE6 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE6 2JDCanterbury StreetNewcastle Upon Tyne£42,0333
NE6 3NPKingsmere GardensNewcastle Upon Tyne£44,88413
NE6 2SEBenson RoadNewcastle Upon Tyne£45,0754
NE6 2RYScarborough RoadNewcastle Upon Tyne£51,6663
NE6 2SXAllendale RoadNewcastle Upon Tyne£54,5004
NE6 2TQIrthing AvenueNewcastle Upon Tyne£55,6663
NE6 4DBMiddle StreetNewcastle Upon Tyne£58,3005
NE6 2RXScarborough RoadNewcastle Upon Tyne£58,3818
NE6 2THRelton AvenueNewcastle Upon Tyne£58,5003
NE6 2SHBenson RoadNewcastle Upon Tyne£60,4647

Explore NE6 (Newcastle Upon Tyne) using map

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