Local market reports › NE area › NE3 › NE3 4
Gosforth market report NE3 4, Newcastle Upon Tyne
The NE3 4 (Gosforth) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 6,076 HM Land Registry entries for NE3 4 (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 NE3 4 (Newcastle Upon Tyne) is £395,000, from 58 registered sales, up 16% on five years earlier; the mean is £557,100, and by floor area homes here have averaged about £3,050 per square metre over the last five years. Behind the figures sit 6,076 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 NE3 4 is a single group of streets within NE3 (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 NE3 4 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 4 homes really sell for
In the NE3 4 property market, the 2026 median sale price is £395,000, from 58 registered sales; the mean, the "average house price" most sites quote, is £557,100, sitting well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
NE3 4 prices by floor area
By floor space, homes in NE3 4 have sold for about £3,050 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.
Against a national (England and Wales) median of £285,000, NE3 4 runs 39% above it.
The price of a typical NE3 4 home, 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 | £395,000 | £395,000 | 58 |
| 2025 | £325,000 | £332,772 | 181 |
| 2024 | £357,500 | £380,096 | 166 |
| 2023 | £406,200 | £446,315 | 142 |
| 2022 | £295,000 | £345,921 | 145 |
| 2021 | £339,800 | £430,231 | 202 |
| 2020 | £320,000 | £415,207 | 145 |
| 2019 | £275,000 | £360,459 | 163 |
| 2018 | £295,000 | £393,241 | 170 |
| 2017 | £280,000 | £381,892 | 181 |
| 2016 | £280,000 | £391,723 | 219 |
| 2015 | £275,000 | £388,575 | 185 |
| 2014 | £247,800 | £351,548 | 204 |
| 2013 | £246,500 | £354,689 | 154 |
| 2012 | £246,500 | £362,817 | 140 |
| 2011 | £242,000 | £365,327 | 133 |
| 2010 | £250,000 | £392,064 | 138 |
| 2009 | £247,000 | £397,055 | 168 |
| 2008 | £221,000 | £362,266 | 156 |
| 2007 | £235,000 | £398,625 | 225 |
| 2006 | £214,000 | £371,477 | 266 |
| 2005 | £178,500 | £317,658 | 193 |
| 2004 | £207,200 | £376,316 | 230 |
| 2003 | £172,000 | £316,866 | 235 |
| 2002 | £132,500 | £249,298 | 256 |
| 2001 | £125,000 | £240,306 | 269 |
| 2000 | £105,000 | £206,063 | 239 |
| 1999 | £98,000 | £195,309 | 195 |
| 1998 | £100,000 | £201,857 | 229 |
| 1997 | £86,200 | £176,779 | 264 |
| 1996 | £80,000 | £168,716 | 249 |
| 1995 | £86,500 | £188,038 | 176 |
In cash terms the typical NE3 4 home went from £86,500 in 1995 to £395,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 110%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2023. The market now sits about 11% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NE3 4 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 2023 (+37.7% on the year before); the weakest, 2005 (−13.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NE3 4 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +21.5% | +18.7% |
| 5 years (since 2021) | +3.1% | −1.7% |
| 10 years (since 2016) | +3.5% | +0.1% |
| 20 years (since 2006) | +3.1% | +0.3% |
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.
The turnover behind the prices
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
NE3 4 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 239 sales a year before the financial crisis and 138 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.
What homes rent for around NE3 4
The local authority for NE3 4 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 £395,000 median sold price makes a gross yield of 3.7%. 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.
The shape of the NE3 4 market
Only 58 sales completed here in the last twelve months of data, which makes NE3 4 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Within NE3, this sector trades 36% above the district median: one of the dearer corners of its district.
Asked and answered: NE3 4 (Gosforth)
Are property prices falling in NE3 4 (Gosforth)?
Is NE3 4 (Gosforth) a good place to buy a house?
How much did a house sell for in NE3 4 (Gosforth)?
What happens to NE3 4 prices now?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 16% over five years in cash but down 8% 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 is for sale in NE3 right now
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 4: 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
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 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.
Moving up a bedroom in NE: the cost
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. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the NE area is the point: the same five years treated these districts very differently.
NE area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in NE3
Sector boundaries hide real price steps. The rest of NE3, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE3 1 | £351,500 | 67 |
| NE3 2 | £195,800 | 66 |
| NE3 3 | £169,000 | 48 |
| 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.
Thinking of selling in NE3 4? Get a rough value first
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at NE3 4's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NE3 4.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to NE3 4. Free after a one click sign in.
The live map plots every individual NE3 4 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator 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.