Westerhope, Newcastle West

House Prices in NE5

Properties in NE5 have an average house price of £167,712.00 and had 2299 Property Transactions within the last 3 years.
The most expensive property was sold for £595,000.00.

Property Price Paid in NE5 by Year

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The average sold property price by year was:

Year Average Sold Price Sold Properties
2026 £177,109.00 296 Properties
2025 £173,586.00 739 Properties
2024 £163,647.00 639 Properties
2023 £160,473.00 625 Properties
2022 £165,192.00 720 Properties
2021 £158,139.00 917 Properties
2020 £152,803.00 662 Properties
2019 £139,948.00 771 Properties
2018 £137,737.00 740 Properties
2017 £133,293.00 715 Properties
2016 £134,083.00 630 Properties
2015 £122,922.00 622 Properties
2014 £125,209.00 593 Properties
2013 £122,150.00 535 Properties
2012 £116,115.00 440 Properties
2011 £122,012.00 432 Properties
2010 £121,882.00 356 Properties
2009 £116,427.00 437 Properties
2008 £126,881.00 406 Properties
2007 £131,593.00 800 Properties
2006 £125,126.00 833 Properties
2005 £115,130.00 756 Properties
2004 £109,465.00 816 Properties
2003 £85,253.00 927 Properties
2002 £67,894.00 951 Properties
2001 £56,200.00 792 Properties
2000 £52,426.00 764 Properties
1999 £48,916.00 636 Properties
1998 £43,365.00 596 Properties
1997 £45,454.00 652 Properties
1996 £43,890.00 524 Properties
1995 £46,233.00 512 Properties

Property Price per Property Type in NE5

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 £293,077.00 265 Detached Houses
Flat £86,647.00 249 Flats
Semi Detached House £175,706.00 890 Semi Detached Houses
Terraced House £145,197.00 895 Terraced Houses

Houses and Flats for sale in NE5, Westerhope, Newcastle West

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There are 115 results. Property prices in NE5 range from £83k to £550k with an average price of £250k.


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Property market in NE5

Average asking price £242k typical £210k
Most prices £70k – £550k leaving out the extremes
Homes for sale 115 42 more under offer
New to the market 58 in the last 30 days
Typical time to sell 5 weeks last 12 months
Asking prices, year on year no change homes newly listed
Gross rental yield 6.4–10.3% houses 6.4%, flats 10.3%

What's for sale

131 homes · share, count and typical price
Detached houses 27.5% 36 · £382k
Semi-detached houses 26.0% 34 · £190k
Terraced houses 16.8% 22 · £150k
Flats and apartments 14.5% 19 · £85k
Bungalows 9.9% 13 · £215k
Other homes 5.3% 7 · £270k

How many bedrooms

share, count and typical price
1 bedroom 2.3% 3 · £45k
2 bedrooms 38.2% 50 · £140k
3 bedrooms 30.5% 40 · £213k
4 bedrooms 25.2% 33 · £375k
5+ bedrooms 3.8% 5 · £550k

Price bands

131 homes
Under £120k 19.8% 26
£120k – £180k 19.8% 26
£180k – £240k 20.6% 27
£240k – £360k 19.1% 25
£360k and over 20.6% 27

Houses and flats compared

HousesFlats
Share of homes for sale80%15%
Typical asking price£225k£85k
Average bedrooms3.11.8
Typical time to sell5 weeks6 weeks
Gross rental yield6.4%10.3%

Asking prices over time

typical asking price of the homes first listed each quarter · +1.4% since 2024 Q4 Median asking price per quarter in NE5 2024 Q4: £177k (286 new listings) £177k 2024 Q4 2025 Q1: £180k (362 new listings) £180k 2025 Q1 2025 Q2: £185k (352 new listings) £185k 2025 Q2 2025 Q3: £170k (364 new listings) £170k 2025 Q3 2025 Q4: £165k (205 new listings) £165k 2025 Q4 2026 Q1: £190k (342 new listings) £190k 2026 Q1 2026 Q2: £190k (247 new listings) £190k 2026 Q2 2026 Q3: £180k (246 new listings) £180k 2026 Q3

Prices in and around NE5

typical asking price, cheapest first
  1. NE1 £140k
  2. NE21 £160k
  3. NE4 £171k
  4. NE5 £210k
  5. NE15 £232k
  6. NE2 £250k
  7. NE3 £250k

Schools in NE5

14 primary · 1 secondary · 100% rated good or outstanding
  • Hilton Primary Academy primary · Outstanding
  • St John Vianney RC Primary School primary · Outstanding
  • Knop Law Primary School primary · Outstanding
  • English Martyrs' RC Primary School primary · Good
  • Beech Hill Primary School primary · Good
  • Thomas Walling Primary Academy primary · Good

Based on 131 homes for sale on Houses now, 1,086 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 NE5


What is the average house price in NE5?

The average home for sale in NE5 is priced at £242,000. A few very expensive homes pull that average up, so a more typical price is £210,000. This is based on the 131 homes for sale on Houses right now.


How much does a 2 or 3 bedroom home cost in NE5?

A typical 2-bedroom home in NE5 costs £140,000 and a 3-bedroom home £213,000. So the extra bedroom adds about £73,000. 1-bedroom homes start at around £45,000, and 4-bedroom homes are about £375,000.


What price range should I expect in NE5?

Most homes in NE5 are priced between £70,000 and £550,000, leaving out the very cheapest and most expensive. One in five costs less than £120,000, and one in five £360,000 or more.


How many homes are for sale in NE5?

There are 115 homes for sale in NE5 on Houses right now, plus 42 already under offer. 58 new listings came onto the market in the last 30 days.


Are house prices going up in NE5?

They are holding steady. Homes put up for sale in NE5 over the last 12 months were advertised at a typical £180,000, about the same as the year before (£180,000). By size, 1-bedroom homes are down 5%, 2-bedroom homes are up 3% and 3-bedroom homes are up 6%.


How long does it take to sell a home in NE5?

Homes usually sell or come off the market within about 5 weeks. About 45% go within the first month, and a quarter take longer than about 3 months. Houses go faster, in about 5 weeks against about 6 weeks for flats.


What rental yield can I get in NE5?

About 10.3% gross for flats and 6.4% for houses. That compares typical rents with what flats and houses actually sold for in NE5 over the last year. Running costs, voids and mortgage interest are not taken off.


What type of homes are for sale in NE5?

Detached houses are the most common, about a quarter of homes for sale in NE5. Semi-detached houses come next, followed by terraced houses. Flats and apartments are the cheapest, at about £85,000, and detached houses the most expensive, at about £382,000.


Where are the cheapest places to buy near NE5?

Of the areas around NE5, NE1 is the cheapest, with a typical asking price of £140,000, followed by NE21 (£160,000) and NE4 (£171,000). NE5 itself is £210,000.


Are homes in NE5 freehold or leasehold?

About 7 in 10 homes for sale in NE5 are freehold and the rest leasehold, which is mostly flats. There are 3 new-build homes on the market too.


What are the schools like in NE5?

There are 14 primary and 1 secondary schools in NE5. 100% of those inspected by Ofsted were rated good or outstanding, and 3 were outstanding.


Which areas are included in the NE5 postcode district?

The main areas within NE5 include Westerhope and Newcastle West.


What has been the average sold property price in NE5 over the last three years?

Terraced Houses in NE5 have an average sold price of £145,197, while Semi Detached Houses have an average of £175,706. Detached Houses have an average of £293,077 and Flats have an average of £86,647. The average sold property price in NE5 over the last three years is approximately £171,447.