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House Prices in NE19

The average house price in NE19 (Newcastle Upon Tyne) is £185,000 using HM Land Registry data.

The average property price increased by £160,394 (14.84%) over the last 5 years and increased by £32,138 (2.42%) over the last 12 months.

Over the last year, there were 15 residential property sales – a decrease of 7 transactions (-46.67%) relative to the previous year. The majority of house sales (6) were in the £90,000 - £198,000 range. Then came properties in the £198,000 - £306,000 range, where 5 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 £0 (0%).

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

5-Year Average Property Prices in NE19 (Newcastle Upon Tyne)

14.84%

Property prices in Newcastle Upon Tyne increased by 14.84% 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 NE19 (Newcastle Upon Tyne) Over the Last Year

2.42%

Property prices in Newcastle Upon Tyne increased by 2.42% 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.

Property Market Heat Gauge for NE19 (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 NE19 (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 NE19 (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 NE19 (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 NE19 (Newcastle Upon Tyne) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE19 postcode area since 1995.

Recent Sales in NE19 (Newcastle Upon Tyne)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Crawford Close, Elsdon, Newcastle Upon Tyne, Northumberland, NE19 1AX	£168,000	£160,000	-£8,000	16 Jan 2024	06 Aug 2024	203 Days
11 The Cherry Trees, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1LN	£185,000	£185,000	£00	23 Jan 2024	25 Jul 2024	184 Days
9 Hazel Cottages, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1LL	£225,000	£220,000	-£5,000	21 Sep 2023	27 Mar 2024	188 Days
26 South Greens, Byrness Village, Newcastle Upon Tyne, Northumberland, NE19 1TT	£195,000	£187,000	-£8,000	13 Oct 2023	22 Jan 2024	101 Days
8 Hazel Cottages, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1LL	£250,000	£250,000	£00	06 Sep 2023	10 Jan 2024	126 Days
4 South Greens, Byrness Village, Newcastle Upon Tyne, Northumberland, NE19 1TT	£155,000	£155,000	£00	14 Oct 2022	11 Aug 2023	301 Days
4 The Cherry Trees, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1LN	£235,000	£230,000	-£5,000	08 Apr 2022	02 Aug 2022	116 Days
4 Hazel Cottages, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1LL	£250,000	£230,000	-£20,000	11 Aug 2021	06 May 2022	268 Days
32 Brierley Gardens, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1HB	£95,000	£95,000	£00	16 Dec 2021	08 Apr 2022	113 Days
Cottonshopeburnfoot East, Follet Close, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1TF	£215,000	£215,000	£00	13 Jul 2021	30 Nov 2021	140 Days
1 Meadowlands, Kirkwhelpington, Newcastle Upon Tyne, Northumberland, NE19 2RX	£279,500	£274,000	-£5,500	11 Mar 2020	28 Jun 2021	474 Days
9 Crawford Crescent, Elsdon, Newcastle Upon Tyne, Northumberland, NE19 1AD	£230,000	£222,500	-£7,500	11 Mar 2021	11 Jun 2021	92 Days
2 Burnfoot Cottage, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1TF	£190,000	£180,000	-£10,000	13 Feb 2021	11 Jun 2021	118 Days
11 Elderberry Cottages, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1LJ	£139,950	£135,000	-£4,950	13 May 2020	15 Mar 2021	306 Days
26 South Green, Byrness Village, Newcastle Upon Tyne, Northumberland, NE19 1TT	£160,000	£160,000	£00	07 Oct 2020	18 Dec 2020	72 Days
1 The Cherry Trees, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1LN	£210,000	£210,000	£00	12 Jul 2018	30 Oct 2020	841 Days
Garden Cottage, Leslies Drive, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1HT	£395,000	£375,000	-£20,000	15 Aug 2018	19 Aug 2020	735 Days
1 Elderberry Cottages, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1LJ	£105,000	£102,000	-£3,000	30 Jan 2020	15 May 2020	106 Days
20 Brierley Gardens, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1HB	£79,950	£63,000	-£16,950	28 Aug 2018	15 Apr 2020	596 Days
4 Redewater View, Otterburn, Newcastle Upon Tyne, Northumberland, NE19 1JE	£120,000	£120,000	£00	26 Feb 2020	25 Mar 2020	28 Days

Most Expensive Streets in NE19 (Newcastle Upon Tyne)

Postcode	Street	Area	Average	No. of Sales
NE19 2HA	Great Whittington	Newcastle Upon Tyne	£463,142	7
NE19 2RT	Kirkwhelpington	Newcastle Upon Tyne	£450,000	5
NE19 2HP	Great Whittington	Newcastle Upon Tyne	£392,500	4
NE19 1NP	Otterburn	Newcastle Upon Tyne	£380,333	3
NE19 1NP	Otterburn	Newcastle Upon Tyne	£380,333	3
NE19 1HT	Leslies Drive, Otterburn	Newcastle Upon Tyne	£378,333	3
NE19 1HT	Leslies Drive, Otterburn	Newcastle Upon Tyne	£378,333	3
NE19 2AR	Gilbert Grove, Kirkwhelpington	Newcastle Upon Tyne	£312,990	5
NE19 2AR	Gilbert Grove, Kirkwhelpington	Newcastle Upon Tyne	£312,990	5
NE19 2RW	Eastlands, Kirkwhelpington	Newcastle Upon Tyne	£234,269	4

Least Expensive Streets in NE19 (Newcastle Upon Tyne)

Postcode	Street	Area	Average	No. of Sales
NE19 1HB	Brierley Gardens, Otterburn	Newcastle Upon Tyne	£100,000	6
NE19 1LJ	Elderberry Cottages, Otterburn	Newcastle Upon Tyne	£121,250	3
NE19 1RH	Rochester	Newcastle Upon Tyne	£145,008	6
NE19 1TT	South Green, Byrness Village	Newcastle Upon Tyne	£153,411	10
NE19 1TT	South Green, Byrness Village	Newcastle Upon Tyne	£153,411	10
NE19 1LN	The Cherry Trees, Otterburn	Newcastle Upon Tyne	£208,333	3
NE19 1LN	The Cherry Trees, Otterburn	Newcastle Upon Tyne	£208,333	3
NE19 1LL	Hazel Cottages, Otterburn	Newcastle Upon Tyne	£233,333	3
NE19 1LL	Hazel Cottages, Otterburn	Newcastle Upon Tyne	£233,333	3
NE19 2RW	Eastlands, Kirkwhelpington	Newcastle Upon Tyne	£234,269	4