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Lemington market report NE15 7, Newcastle Upon Tyne
The NE15 7 (Lemington) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 4,592 HM Land Registry entries for NE15 7 (Newcastle Upon Tyne), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for NE15 7 (Newcastle Upon Tyne) is £180,000, from 40 registered sales, up 20% on five years earlier; the mean is £193,500, and by floor area homes here have averaged about £1,940 per square metre over the last five years. Behind the figures sit 4,592 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like NE15 7 is a single group of streets within NE15 (Newcastle Upon Tyne), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where NE15 7 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.
What NE15 7 homes really sell for
The NE15 7 median stands at £180,000 for 2026, built from 40 registered sales; the mean, the figure usually quoted as the "average house price", is £193,500, somewhat above it, as happens wherever a market carries an expensive tail.
House prices per square metre in NE15 7
A square metre of NE15 7 home has cost about £1,940 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
England and Wales as a whole trade at a £285,000 median, leaving NE15 7 37% below the national figure.
A typical NE15 7 home, priced year by year (1995 to 2026)
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £180,000 | £180,000 | 40 |
| 2025 | £165,000 | £168,946 | 111 |
| 2024 | £160,000 | £170,113 | 125 |
| 2023 | £160,000 | £175,801 | 121 |
| 2022 | £154,000 | £180,583 | 128 |
| 2021 | £149,500 | £189,286 | 170 |
| 2020 | £136,800 | £177,501 | 104 |
| 2019 | £123,000 | £161,224 | 112 |
| 2018 | £130,000 | £173,292 | 131 |
| 2017 | £132,000 | £180,035 | 123 |
| 2016 | £124,500 | £174,177 | 124 |
| 2015 | £140,000 | £197,820 | 153 |
| 2014 | £125,000 | £177,334 | 151 |
| 2013 | £118,500 | £170,510 | 102 |
| 2012 | £115,000 | £169,266 | 87 |
| 2011 | £115,000 | £173,606 | 91 |
| 2010 | £112,000 | £175,645 | 92 |
| 2009 | £110,000 | £176,826 | 92 |
| 2008 | £128,000 | £209,819 | 75 |
| 2007 | £125,000 | £212,035 | 182 |
| 2006 | £123,000 | £213,512 | 211 |
| 2005 | £112,800 | £200,739 | 186 |
| 2004 | £107,000 | £194,333 | 201 |
| 2003 | £82,000 | £151,064 | 201 |
| 2002 | £63,000 | £118,534 | 211 |
| 2001 | £50,000 | £96,122 | 192 |
| 2000 | £48,000 | £94,200 | 188 |
| 1999 | £45,000 | £89,683 | 182 |
| 1998 | £42,000 | £84,780 | 185 |
| 1997 | £39,000 | £79,981 | 188 |
| 1996 | £40,200 | £84,780 | 156 |
| 1995 | £41,000 | £89,128 | 177 |
In cash terms the typical NE15 7 home went from £41,000 in 1995 to £180,000 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 102%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2006. The market now sits about 16% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NE15 7 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 2004 (+30.5% on the year before); the weakest, 2009 (−14.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +9.1% | +6.5% |
| 5 years (since 2021) | +3.8% | −1.0% |
| 10 years (since 2016) | +3.8% | +0.3% |
| 20 years (since 2006) | +1.9% | −0.9% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Sales activity in NE15 7
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The register shows 40 NE15 7 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 197 sales a year before the financial crisis and 105 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
How NE15 7 trades
Only 40 sales completed here in the last twelve months of data, which makes NE15 7 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Within NE15, this sector trades 13% above the district median: one of the dearer corners of its district.
The rental side of NE15 7
The local authority for NE15 7 is Newcastle upon Tyne, and its ONS average private rent currently stands at £1,204 a month (May 2026 figures). The spread runs from £806 a month for a typical one-bed to £1,825 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Newcastle upon Tyne
ONS Price Index of Private Rents, May 2026.
£1,204 a month is £14,448 a year, which against the £180,000 median sold price makes a gross yield of 8.0%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Common questions on NE15 7 (Lemington)
Are property prices falling in NE15 7 (Lemington)?
Is NE15 7 (Lemington) a good place to buy a house?
How much did a house sell for in NE15 7 (Lemington)?
Are NE15 7 prices heading up or down?
Prediction is not this page's business. Its business is the record, which says: the median is up 20% over five years in cash but down 5% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
NE15's current homes for sale
The live side of the market holds 28 homes at the moment, listed by 4 agents publishing to HomesIndex.
These cover the whole NE15 district, not just NE15 7: live asking prices are collected per district.
Of everything listed here, 22% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Honister Close, Lemington, Newcastle upon Tyne, NE15, Newcastle upon Tyne
- Gretna Road, Denton Burn, Newcastle upon Tyne, NE15, Newcastle upon Tyne
- West Denton Road, Newcastle upon Tyne, NE15, Newcastle upon 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 NE15 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Moving up a bedroom in NE: the cost
What homes of each size actually sold for across the NE area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| 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. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the NE area is the point: the same five years treated these districts very differently.
Five-year change in the median, NE area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in NE15
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of NE15, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE15 0 | £287,500 | 8 |
| NE15 6 | £167,200 | 36 |
| NE15 8 | £114,500 | 44 |
| NE15 9 | £165,000 | 35 |
Zoom out to the full NE15 district report for the type split, monthly volumes and how NE15 compares with its neighbours.
Selling a home in NE15 7? 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 NE15 7, use the average prices map for a rough value: zoom from NE15 7's shading down to the sold homes on your own street. The figures above are every recorded NE15 7 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working NE15 7: the featured spot on this report is free for founding agents, one per district. Claim NE15 7.
Keep digging
Behind the answers sits the same Land Registry record as this page, with NE15 7 already set as the subject. Free, one click sign in.
See every individual NE15 7 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.