Local market reports › NE area › NE3 › NE3 1
Gosforth market report NE3 1, Newcastle Upon Tyne
The NE3 1 (Gosforth) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 6,737 completed sales registered with HM Land Registry in NE3 1 (Newcastle Upon Tyne) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 67 registered 2026 sales put the NE3 1 (Newcastle Upon Tyne) median at £351,500, up 26% on five years earlier, with a mean of £368,000, and by floor area homes here have averaged about £2,930 per square metre over the last five years. Everything rests on 6,737 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
NE3 1 is one sector of NE3 (Newcastle Upon Tyne): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where NE3 1 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 NE3 1 homes really sell for
Take the 67 registered 2026 sales in NE3 1 and the middle price, the median, is £351,500. The mean lands at £368,000, almost on top of it, so sales bunch tightly around the typical price.
NE3 1 prices by floor area
Measured by floor area, the last five years of NE3 1 sales average about £2,930 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Against a national (England and Wales) median of £285,000, NE3 1 runs 23% above it.
A typical NE3 1 home, priced year by year (1995 to 2026)
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £351,500 | £351,500 | 67 |
| 2025 | £325,000 | £332,772 | 174 |
| 2024 | £314,000 | £333,847 | 154 |
| 2023 | £300,000 | £329,627 | 135 |
| 2022 | £262,000 | £307,225 | 139 |
| 2021 | £280,000 | £354,516 | 198 |
| 2020 | £300,000 | £389,256 | 143 |
| 2019 | £249,200 | £326,642 | 159 |
| 2018 | £250,000 | £333,255 | 181 |
| 2017 | £250,000 | £340,975 | 198 |
| 2016 | £245,000 | £342,757 | 203 |
| 2015 | £215,000 | £303,795 | 213 |
| 2014 | £208,800 | £296,219 | 198 |
| 2013 | £217,000 | £312,241 | 183 |
| 2012 | £210,000 | £309,094 | 145 |
| 2011 | £191,000 | £288,337 | 136 |
| 2010 | £232,500 | £364,620 | 152 |
| 2009 | £175,000 | £281,314 | 172 |
| 2008 | £195,000 | £319,646 | 148 |
| 2007 | £205,000 | £347,737 | 277 |
| 2006 | £212,500 | £368,873 | 338 |
| 2005 | £220,000 | £391,511 | 307 |
| 2004 | £200,000 | £363,239 | 285 |
| 2003 | £163,000 | £300,286 | 239 |
| 2002 | £119,700 | £225,215 | 310 |
| 2001 | £99,000 | £190,322 | 340 |
| 2000 | £89,200 | £175,055 | 280 |
| 1999 | £76,500 | £152,461 | 289 |
| 1998 | £71,500 | £144,328 | 281 |
| 1997 | £65,000 | £133,302 | 258 |
| 1996 | £58,000 | £122,319 | 248 |
| 1995 | £59,800 | £129,996 | 187 |
In cash terms the typical NE3 1 home went from £59,800 in 1995 to £351,500 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 170%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2005; the current median sits about 10% below that. Someone who bought at the 2005 peak has not yet seen that price back in real terms.
Year-on-year change in the NE3 1 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 2003 (+36.2% on the year before); the weakest, 2011 (−17.8%). 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) | +8.2% | +5.6% |
| 5 years (since 2021) | +4.7% | −0.2% |
| 10 years (since 2016) | +3.7% | +0.3% |
| 20 years (since 2006) | +2.5% | −0.2% |
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.
Sales activity in NE3 1
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
NE3 1 recorded 67 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 297 sales a year before the financial crisis and 134 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The rental side of NE3 1
The local authority for NE3 1 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.
Set against the £351,500 median sold price, £1,204 a month is £14,448 a year, a gross yield of 4.1%: 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.
How NE3 1 trades
Within NE3, this sector trades 21% above the district median: one of the dearer corners of its district.
Asked and answered: NE3 1 (Gosforth)
Is NE3 1 (Gosforth) a good place to buy a house?
How much did a house sell for in NE3 1 (Gosforth)?
Are property prices falling in NE3 1 (Gosforth)?
Where do NE3 1 prices go next?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 26% over five years in cash and flat 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.
NE3's current homes for sale
Turning to what is actually available: 43 homes on the market right now, from 5 agents publishing to HomesIndex.
These cover the whole NE3 district, not just NE3 1: live asking prices are collected per district.
23% 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.
- Broomfield Road, Newcastle upon Tyne,...
- Wrendale Court, Gosforth, Newcastle Upon Tyne
- Wrendale Court, Gosforth, 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 NE3 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in NE
Real sold prices by size across the NE area, straight 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. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the NE area is the point: the same five years treated these districts very differently.
Winners and losers across the NE area, five years
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in NE3
A few minutes' walk can separate two very different markets. Here are NE3's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE3 2 | £195,800 | 66 |
| NE3 3 | £169,000 | 48 |
| NE3 4 | £395,000 | 58 |
| NE3 5 | £345,000 | 41 |
Zoom out to the full NE3 district report for the type split, monthly volumes and how NE3 compares with its neighbours.
Selling in NE3 1? Start from the sold record
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in NE3 1, use the average prices map for a rough value: zoom from NE3 1's shading down to the sold homes on your own street. The figures above are every recorded NE3 1 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working NE3 1: the featured spot on this report is free for founding agents, one per district. Claim NE3 1.
Go deeper
Behind the answers sits the same Land Registry record as this page, with NE3 1 already set as the subject. Free, one click sign in.
See every individual NE3 1 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.
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.