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Gosforth market report NE3 5, Newcastle Upon Tyne
The standing NE3 5 (Gosforth) property market report, rebuilt from the full public record every month. The raw material for this page is 4,362 HM Land Registry entries for NE3 5 (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.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: a typical NE3 5 (Newcastle Upon Tyne) home changed hands for £345,000 in 2026 (median of 41 registered sales, up 9% on five years earlier), with the mean at £363,500, and by floor area homes here have averaged about £3,070 per square metre over the last five years. Source: 4,362 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
NE3 5 is a postcode sector: one group of streets inside NE3 (Newcastle Upon Tyne). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where NE3 5 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 NE3 5
Take the 41 registered 2026 sales in NE3 5 and the middle price, the median, is £345,000. The mean lands at £363,500, somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in NE3 5
Measured by floor area, the last five years of NE3 5 sales average about £3,070 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.
England and Wales as a whole trade at a £285,000 median, leaving NE3 5 21% above the national figure.
A typical NE3 5 home, priced year by year (1995 to 2026)
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £345,000 | £345,000 | 41 |
| 2025 | £350,000 | £358,370 | 119 |
| 2024 | £367,500 | £390,728 | 130 |
| 2023 | £349,500 | £384,015 | 106 |
| 2022 | £337,600 | £395,875 | 100 |
| 2021 | £316,000 | £400,097 | 142 |
| 2020 | £300,000 | £389,256 | 111 |
| 2019 | £288,000 | £377,499 | 128 |
| 2018 | £280,200 | £373,512 | 116 |
| 2017 | £278,800 | £380,255 | 134 |
| 2016 | £254,000 | £355,349 | 122 |
| 2015 | £260,000 | £367,380 | 135 |
| 2014 | £280,000 | £397,229 | 118 |
| 2013 | £242,000 | £348,214 | 105 |
| 2012 | £240,000 | £353,250 | 95 |
| 2011 | £235,000 | £354,760 | 87 |
| 2010 | £240,000 | £376,382 | 103 |
| 2009 | £249,500 | £401,073 | 145 |
| 2008 | £280,000 | £458,979 | 105 |
| 2007 | £285,000 | £483,439 | 197 |
| 2006 | £265,000 | £460,006 | 248 |
| 2005 | £250,000 | £444,899 | 217 |
| 2004 | £250,000 | £454,049 | 245 |
| 2003 | £215,000 | £396,082 | 298 |
| 2002 | £180,000 | £338,668 | 222 |
| 2001 | £119,200 | £229,156 | 126 |
| 2000 | £99,800 | £195,858 | 112 |
| 1999 | £93,000 | £185,344 | 119 |
| 1998 | £92,500 | £186,718 | 93 |
| 1997 | £81,500 | £167,140 | 139 |
| 1996 | £79,500 | £167,662 | 108 |
| 1995 | £75,800 | £164,778 | 96 |
In cash terms the typical NE3 5 home went from £75,800 in 1995 to £345,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 109%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2007, and today's median remains roughly 29% under it: a 2007 buyer is still waiting to get that price back in today's money.
Year-on-year change in the NE3 5 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 2002 (+51.0% on the year before); the weakest, 2009 (−10.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −1.4% | −3.7% |
| 5 years (since 2021) | +1.8% | −2.9% |
| 10 years (since 2016) | +3.1% | −0.3% |
| 20 years (since 2006) | +1.3% | −1.4% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Transaction volumes
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.
Over the last twelve months of data, 41 sales completed in NE3 5. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 208 sales a year before the financial crisis and 99 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.
What homes rent for around NE3 5
NE3 5 falls under Newcastle upon Tyne, where the ONS puts the average private rent 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 £345,000 median sold price makes a gross yield of 4.2%. 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 5 market
Only 41 sales completed here in the last twelve months of data, which makes NE3 5 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Within NE3, this sector trades 19% above the district median: one of the dearer corners of its district.
What people ask about NE3 5 (Gosforth)
How much did a house sell for in NE3 5 (Gosforth)?
Are property prices falling in NE3 5 (Gosforth)?
Is NE3 5 (Gosforth) a good place to buy a house?
Will NE3 5 prices rise from here?
The record answers a different question than "what happens next": the median is up 9% over five years in cash but down 14% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What is for sale in NE3 right now
The live side of the market holds 43 homes at the moment, listed by 5 agents publishing to HomesIndex.
These cover the whole NE3 district, not just NE3 5: live asking prices are collected per district.
Of everything listed here, 23% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
- Broomfield Road, Newcastle upon Tyne,...
- Wrendale Court, Gosforth, Newcastle Upon Tyne
- Wrendale Court, Gosforth, Newcastle Upon Tyne
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every NE3 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%) | — |
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
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
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in NE3
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of NE3, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE3 1 | £351,500 | 67 |
| NE3 2 | £195,800 | 66 |
| NE3 3 | £169,000 | 48 |
| NE3 4 | £395,000 | 58 |
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 5? 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 5'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.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim NE3 5.
Dig further
Behind the answers sits the same Land Registry record as this page, with NE3 5 already set as the subject. Free, one click sign in.
The live map plots every individual NE3 5 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.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.