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City Centre market report NE1, Newcastle Upon Tyne
The NE1 (City Centre) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 5,450 registered sales in NE1 (Newcastle Upon Tyne) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in NE1 (Newcastle Upon Tyne) sold for £159,500 in 2026, the median of 29 registered sales, down 6% on five years earlier. The mean was £168,300, and by floor area homes here have averaged about £2,580 per square metre over the last five years. The figures cover 5,450 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
NE1 is the postcode district covering City Centre, Newcastle Quayside in Newcastle Upon Tyne. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where NE1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
NE1 sold prices: where the market stands
The 2026 median for NE1 is £159,500, taken from 29 registered sales. The mean, which is what most sites call the "average house price", is £168,300, modestly above it, the usual shape of a market with an expensive tail.
House prices per square metre in NE1
Per square metre, NE1 homes have averaged around £2,580 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
For scale: the England and Wales median is £285,000, so NE1 trades 44% below the country as a whole.
NE1's median sold price, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £159,500 | £159,500 | 29 |
| 2025 | £150,000 | £153,587 | 68 |
| 2024 | £150,000 | £159,481 | 94 |
| 2023 | £144,000 | £158,221 | 86 |
| 2022 | £138,000 | £161,821 | 108 |
| 2021 | £170,000 | £215,242 | 116 |
| 2020 | £90,000 | £116,777 | 157 |
| 2019 | £100,200 | £131,338 | 189 |
| 2018 | £142,500 | £189,955 | 120 |
| 2017 | £155,000 | £211,404 | 146 |
| 2016 | £133,700 | £187,048 | 151 |
| 2015 | £134,700 | £190,331 | 150 |
| 2014 | £116,000 | £164,566 | 195 |
| 2013 | £125,000 | £179,863 | 93 |
| 2012 | £125,000 | £183,984 | 85 |
| 2011 | £113,700 | £171,643 | 130 |
| 2010 | £140,000 | £219,556 | 120 |
| 2009 | £154,000 | £247,556 | 116 |
| 2008 | £174,200 | £285,551 | 243 |
| 2007 | £174,000 | £295,152 | 229 |
| 2006 | £174,000 | £302,042 | 557 |
| 2005 | £173,000 | £307,870 | 368 |
| 2004 | £170,000 | £308,753 | 361 |
| 2003 | £152,000 | £280,021 | 449 |
| 2002 | £136,000 | £255,883 | 262 |
| 2001 | £106,500 | £204,741 | 172 |
| 2000 | £90,000 | £176,625 | 139 |
| 1999 | £74,000 | £147,478 | 116 |
| 1998 | £78,500 | £158,458 | 159 |
| 1997 | £58,000 | £118,946 | 105 |
| 1996 | £51,000 | £107,557 | 71 |
| 1995 | £51,500 | £111,953 | 66 |
In cash terms the typical NE1 home went from £51,500 in 1995 to £159,500 in 2026, roughly 3.1 times the price. Adjusted for inflation it still comes to a real rise of roughly 42%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2004; the current median sits about 48% below that. Someone who bought at the 2004 peak has not yet seen that price back in real terms.
Year-on-year change in the NE1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2021 (+88.9% on the year before); the weakest, 2019 (−29.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +6.3% | +3.8% |
| 5 years (since 2021) | −1.3% | −5.8% |
| 10 years (since 2016) | +1.8% | −1.6% |
| 20 years (since 2006) | −0.4% | −3.1% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 97% of the typed total. In 2011, the last year both were recorded here, a detached home traded at £165,000 against £110,000 for a flat, a 50% premium.
Median by property type, NE1
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £165,000 (2011) | – | 12 |
| Semi-detached | £171,000 (2004) | – | 23 |
| Terraced | £290,200 (2018) | – | 140 |
| Flats | £159,500 | 29 | 5,185 |
The turnover behind the prices
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The last five years, month by month
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
NE1 recorded 58 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 317 sales a year before the financial crisis and 77 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What homes rent for around NE1
NE1 falls under Newcastle upon Tyne, where the ONS puts the average private rent at £1,204 a month (May 2026 figures). A one-bed averages £806 a month here and a four-or-more-bed £1,825, so size does most of the work in setting the rent.
Average monthly rent by size, Newcastle upon Tyne
ONS Price Index of Private Rents, May 2026.
Set against the £159,500 median sold price, £1,204 a month is £14,448 a year, a gross yield of 9.1%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
The shape of the NE1 market
Only 58 sales completed here in the last twelve months of data, which makes NE1 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. In its area's price order NE1 comes 49 of 59, towards the cheaper end of the table.
NE1 (City Centre): the questions that come up
How much did a house sell for in NE1 (City Centre)?
Are property prices falling in NE1 (City Centre)?
Is NE1 (City Centre) a good place to buy a house?
Will NE1 prices rise from here?
No honest page predicts prices, so this one sticks to the record: the median is down 6% over five years in cash but down 26% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
On the market in NE1 today
Everything above is what homes in NE1 sold for. This is what you could actually buy today: 49 homes currently on the market from 6 agents publishing to HomesIndex, at a typical asking price 12% below the NE1 median sold price.
28% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Hanover Mill, Newcastle upon Tyne, Ty...
- City Road, Newcastle upon Tyne, Tyne ...
- City Road, Newcastle upon Tyne, Tyne ...
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every NE1 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
What another bedroom costs in NE
Real sold prices by size across the NE area, straight from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £239,250 | £322,500 (+35%) | £498,100 (+54%) | £700,000 (+41%) |
| Semi-detached | £157,000 | £168,000 (+7%) | £216,000 (+29%) | £335,000 (+55%) | £521,000 (+56%) |
| Terraced | £127,500 | £136,000 (+7%) | £170,000 (+25%) | £282,250 (+66%) | £393,500 (+39%) |
| Flat | £95,000 | £127,980 (+35%) | £190,000 (+48%) | £340,000 (+79%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
NE1 ranks 55 of 59 in the NE area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
NE area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside NE1, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE1 1 | £140,000 | 7 |
| NE1 2 | £160,000 | 16 |
| NE1 3 | £176,200 | 4 |
| NE1 4 | £138,500 | 6 |
| NE1 5 | £97,000 | 2 |
| NE1 6 | £99,000 | 1 |
How NE1 compares nearby
Same city, different markets. The dearest districts of the NE area, and NE1 itself, which ranks 49 of 59 by median price:
| District | Median | 5-year |
|---|---|---|
| NE44 | £692,500 | +57% |
| NE69 | £617,500 | +2% |
| NE45 | £557,500 | +35% |
| NE20 | £472,500 | +8% |
| NE18 | £375,000 | +58% |
| NE67 | £335,000 | +4% |
| NE26 | £330,000 | +17% |
| NE46 | £297,200 | +8% |
| NE3 | £290,000 | +26% |
| NE47 | £290,000 | +18% |
| NE43 | £288,500 | -10% |
| NE30 | £280,000 | +18% |
| NE41 | £267,800 | -1% |
| NE2 | £265,800 | +12% |
| NE19 | £265,000 | +8% |
| NE25 | £260,000 | +18% |
| NE66 | £252,500 | +3% |
| NE65 | £251,500 | +12% |
| NE36 | £247,500 | +15% |
| NE27 | £241,200 | +24% |
| NE61 | £240,000 | +14% |
| NE68 | £240,000 | +0% |
| NE70 | £240,000 | +0% |
| NE1 (this report) | £159,500 | -6% |
Selling a home in NE1? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in NE1, use the average prices map for a rough value: zoom from NE1's shading down to the sold homes on your own street. The figures above are every recorded NE1 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim NE1.
Take it further
Behind the answers sits the same Land Registry record as this page, with NE1 already set as the subject. Free, one click sign in.
Two maps carry on from here: every NE1 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.