Newcastle city centre

House Prices in NE1

Properties in NE1 have an average house price of £157,992.00 and had 402 Property Transactions within the last 3 years.
The most expensive property was sold for £685,000.00.

Property Price Paid in NE1 by Year

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The average sold property price by year was:

Year Average Sold Price Sold Properties
2026 £147,372.00 37 Properties
2025 £159,622.00 110 Properties
2024 £155,070.00 130 Properties
2023 £162,741.00 125 Properties
2022 £157,188.00 138 Properties
2021 £192,277.00 120 Properties
2020 £116,719.00 223 Properties
2019 £124,671.00 236 Properties
2018 £157,043.00 145 Properties
2017 £163,606.00 173 Properties
2016 £151,412.00 185 Properties
2015 £130,381.00 215 Properties
2014 £122,090.00 212 Properties
2013 £134,105.00 103 Properties
2012 £137,978.00 85 Properties
2011 £140,191.00 132 Properties
2010 £148,252.00 121 Properties
2009 £178,754.00 115 Properties
2008 £186,732.00 243 Properties
2007 £185,762.00 229 Properties
2006 £177,059.00 557 Properties
2005 £173,550.00 368 Properties
2004 £180,051.00 361 Properties
2003 £168,995.00 449 Properties
2002 £158,002.00 262 Properties
2001 £128,748.00 172 Properties
2000 £102,460.00 139 Properties
1999 £89,359.00 116 Properties
1998 £106,124.00 159 Properties
1997 £61,979.00 104 Properties
1996 £56,300.00 70 Properties
1995 £56,616.00 65 Properties

Property Price per Property Type in NE1

Here you can find historic sold price data in order to help with your property search.

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The average Property Paid Price for specific property types in the last three years are:

Property Type Average Sold Price Sold Properties
Detached House £300,000.00 1 Detached Houses
Flat £151,799.00 386 Flats
Semi Detached House £187,333.00 3 Semi Detached Houses
Terraced House £338,020.00 12 Terraced Houses

Houses and Flats for sale in NE1, Newcastle city centre

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There are 121 results. Property prices in NE1 range from £66k to £488k with an average price of £154k.


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Property market in NE1

Average asking price £150k typical £140k
Most prices £75k – £481k leaving out the extremes
Homes for sale 121 7 more under offer
New to the market 22 in the last 30 days
Typical time to sell 4 months last 12 months
Asking prices, year on year −2.2% homes newly listed
Gross rental yield 8.9% typical rent vs sold price

What's for sale

148 homes · share, count and typical price
Flats and apartments 98.6% 146 · £140k
Land and plots 0.7% 1 · £1.75M
Terraced houses 0.7% 1 · £280k

How many bedrooms

share, count and typical price
Studio 3.4% 5 · £60k
1 bedroom 33.3% 49 · £115k
2 bedrooms 57.8% 85 · £155k
3 bedrooms 4.1% 6 · £185k
4 bedrooms 1.4% 2 · £210k

Price bands

148 homes
Under £100k 16.9% 25
£100k – £130k 22.3% 33
£130k – £150k 16.9% 25
£150k – £180k 25.0% 37
£180k and over 18.9% 28

Asking prices over time

typical asking price of the homes first listed each quarter · +2.0% since 2024 Q4 Median asking price per quarter in NE1 2024 Q4: £123k (88 new listings) £123k 2024 Q4 2025 Q1: £140k (97 new listings) £140k 2025 Q1 2025 Q2: £145k (103 new listings) £145k 2025 Q2 2025 Q3: £130k (94 new listings) £130k 2025 Q3 2025 Q4: £146k (84 new listings) £146k 2025 Q4 2026 Q1: £145k (85 new listings) £145k 2026 Q1 2026 Q2: £135k (94 new listings) £135k 2026 Q2 2026 Q3: £125k (75 new listings) £125k 2026 Q3

Prices in and around NE1

typical asking price, cheapest first
  1. NE8 £115k
  2. NE1 £140k
  3. NE6 £160k
  4. NE4 £171k
  5. NE2 £240k

Based on 148 homes for sale on Houses now, 335 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.


Frequently Asked Questions about NE1


What is the average house price in NE1?

The average home for sale in NE1 is priced at £150,000. A typical home, the one in the middle of the range, is £140,000. This is based on the 148 homes for sale on Houses right now.


How much does a 2 or 3 bedroom home cost in NE1?

A typical 2-bedroom home in NE1 costs £155,000 and a 3-bedroom home £185,000. So the extra bedroom adds about £30,000. 1-bedroom homes start at around £115,000.


What price range should I expect in NE1?

Most homes in NE1 are priced between £75,000 and £481,000, leaving out the very cheapest and most expensive. One in five costs less than £100,000, and one in five £180,000 or more.


How many homes are for sale in NE1?

There are 121 homes for sale in NE1 on Houses right now, plus 7 already under offer. 22 new listings came onto the market in the last 30 days.


Are house prices going up in NE1?

Slightly down. Homes put up for sale in NE1 over the last 12 months were advertised at a typical £135,000, 2.2% lower than the year before (£138,000). By size, 1-bedroom homes are up 5% and 3-bedroom homes are up 5%.


How long does it take to sell a home in NE1?

Homes usually sell or come off the market within about 4 months. About 20% go within the first month, and a quarter take longer than about 8 months. Flats go faster, in about 4 months against about 5 months for houses.


What rental yield can I get in NE1?

Around 8.9% gross. That compares a typical rent of £1,095 a month with a typical sold price of £148,000. Running costs, voids and mortgage interest are not taken off.


What type of homes are for sale in NE1?

Flats and apartments are the most common, almost all homes for sale in NE1. Terraced houses come next.


Where are the cheapest places to buy near NE1?

Of the areas around NE1, NE8 is the cheapest, with a typical asking price of £115,000, followed by NE6 (£160,000) and NE4 (£171,000). NE1 itself is £140,000.


Are homes in NE1 freehold or leasehold?

Only a few homes for sale in NE1 are freehold and the rest leasehold, which is mostly flats. There is 1 new-build home on the market too.


Which areas are included in the NE1 postcode district?

The main area within NE1 is Newcastle city centre.


What has been the average sold property price in NE1 over the last three years?

Flats in NE1 have an average sold price of £151,799, while Terraced Houses have an average of £338,020. Semi Detached Houses have an average of £187,333 and Detached Houses have an average of £300,000. The average sold property price in NE1 over the last three years is approximately £154,021.


Which train stations are available in NE1?

The train stations available in NE1 are Dunston Station, Heworth Station, Manors Station, MetroCentre Station and Newcastle Station.