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Lemington market report NE15, Newcastle Upon Tyne
The standing NE15 (Lemington) property market report, rebuilt from the full public record every month. Underneath every chart here sit 15,365 registered sales in NE15 (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 NE15 (Newcastle Upon Tyne) sold for £160,000 in 2026, the median of 163 registered sales, up 0% on five years earlier. The mean was £181,800, and by floor area homes here have averaged about £2,070 per square metre over the last five years. The figures cover 15,365 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
NE15 is a postcode district covering Lemington, Throckley, Newburn in Newcastle Upon Tyne. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where NE15 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.
The going rate for a home in NE15
In the NE15 property market, the 2026 median sale price is £160,000, from 163 registered sales; the mean, the "average house price" most sites quote, is £181,800, sitting a little above it, the familiar pattern where pricier homes stretch the average.
House prices per square metre in NE15
By floor space, homes in NE15 have sold for about £2,070 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
The national median for England and Wales is £285,000, which puts NE15 44% below the country at large.
The price of a typical NE15 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £160,000 | £160,000 | 163 |
| 2025 | £175,000 | £179,185 | 459 |
| 2024 | £162,000 | £172,239 | 508 |
| 2023 | £171,500 | £188,437 | 531 |
| 2022 | £180,000 | £211,071 | 616 |
| 2021 | £160,000 | £202,581 | 650 |
| 2020 | £155,000 | £201,116 | 429 |
| 2019 | £130,000 | £170,399 | 401 |
| 2018 | £130,000 | £173,292 | 412 |
| 2017 | £133,000 | £181,399 | 460 |
| 2016 | £128,000 | £179,073 | 445 |
| 2015 | £131,000 | £185,103 | 446 |
| 2014 | £119,500 | £169,532 | 433 |
| 2013 | £102,500 | £147,487 | 294 |
| 2012 | £110,000 | £161,906 | 286 |
| 2011 | £105,000 | £158,510 | 271 |
| 2010 | £109,000 | £170,940 | 278 |
| 2009 | £102,800 | £165,252 | 316 |
| 2008 | £115,000 | £188,509 | 354 |
| 2007 | £120,000 | £203,553 | 692 |
| 2006 | £115,000 | £199,625 | 686 |
| 2005 | £93,000 | £165,503 | 601 |
| 2004 | £89,700 | £162,913 | 640 |
| 2003 | £67,500 | £124,351 | 642 |
| 2002 | £51,000 | £95,956 | 727 |
| 2001 | £43,000 | £82,665 | 622 |
| 2000 | £40,000 | £78,500 | 518 |
| 1999 | £43,000 | £85,697 | 510 |
| 1998 | £39,000 | £78,724 | 514 |
| 1997 | £37,500 | £76,905 | 476 |
| 1996 | £37,200 | £78,453 | 444 |
| 1995 | £37,000 | £80,432 | 541 |
In cash terms the typical NE15 home went from £37,000 in 1995 to £160,000 in 2026, roughly 4 times the price. Adjusted for inflation it still comes to a real rise of roughly 99%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2022; the current median sits about 24% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the NE15 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 (+32.9% on the year before); the weakest, 2009 (−10.6%). 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) | −8.6% | −10.7% |
| 5 years (since 2021) | 0.0% | −4.6% |
| 10 years (since 2016) | +2.3% | −1.1% |
| 20 years (since 2006) | +1.7% | −1.1% |
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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of semi-detached homes dominate the record here, 39% of the typed total. A detached home currently trades at £305,000 against £87,000 for a flat, 3.5 times the price.
Median by property type, NE15
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 | £305,000 | 23 | 1,974 |
| Semi-detached | £178,000 | 59 | 6,034 |
| Terraced | £129,200 | 64 | 5,262 |
| Flats | £87,000 | 17 | 2,095 |
Sales activity in NE15
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The monthly pulse, last five years
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
The register shows 339 NE15 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 641 sales a year before the financial crisis and 455 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.
The shape of the NE15 market
Among the 59 measurable districts of its area, NE15 ranks 46 by median price: towards the affordable end.
The rental side of NE15
For renting purposes NE15 sits in Newcastle upon Tyne. The ONS average private rent there is £1,204 a month (May 2026). Size sets most of the rent: one-beds average £806 a month here against £1,825 for four or more bedrooms.
Average monthly rent by size, Newcastle upon Tyne
ONS Price Index of Private Rents, May 2026.
Set against the £160,000 median sold price, £1,204 a month is £14,448 a year, a gross yield of 9.0%: 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.
Asked and answered: NE15 (Lemington)
Are property prices falling in NE15 (Lemington)?
Is NE15 (Lemington) a good place to buy a house?
How much did a house sell for in NE15 (Lemington)?
Are NE15 prices heading up or down?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 21% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
What you could buy in NE15 now
Everything above is what homes in NE15 sold for. Turning to what is actually available: 28 homes on the market right now, from 4 agents publishing to HomesIndex, at a typical asking price 20% above the NE15 median sold price.
22% of what is on the market here is asking below what comparable homes actually sold for. 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
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every NE15 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
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%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
NE15 ranks 49 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.
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.
Inside NE15, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE15 0 | £287,500 | 8 |
| NE15 6 | £167,200 | 36 |
| NE15 7 | £180,000 | 40 |
| NE15 8 | £114,500 | 44 |
| NE15 9 | £165,000 | 35 |
How NE15 compares nearby
Same city, different markets. The dearest districts of the NE area, and NE15 itself, which ranks 46 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% |
| NE15 (this report) | £160,000 | +0% |
Selling a home in NE15? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NE15, open the average prices map and zoom from the NE15 shading down to the sold homes on your own street. Every recorded NE15 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working NE15: the featured spot on this report is free for founding agents, one per district. Claim NE15.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NE15. Free, with a one click sign in.
Two maps carry on from here: every NE15 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.