HomesIndex

Local market reportsNE area › NE3

NE3 local market report Newcastle Upon Tyne

Every figure on this page comes from the public record: 30,662 sales registered with HM Land Registry in NE3 (Newcastle Upon Tyne) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

NE3 is the postcode district covering Gosforth, Fawdon, Kingston Park in Newcastle Upon Tyne. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where NE3 sits

Click the map to open NE3 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

NE2NE4NE13NE1NE7NE5NE12NE6NE28NE27NE31NE25NE15NE40NE32NE26NE29NE41NE30NE33NE3
£275,000median sold price, 2026
+31%five-year change (cash)
718sales in the last 12 months
5.3%gross rental yield (est.)

What a home in NE3 sells for

The 2026 median in NE3 is £275,000, from 197 registered sales; the mean, £323,500, sits well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

For scale: the England and Wales median is £274,000, so NE3 trades 0% above the country as a whole.

The price of a typical NE3 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.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £56,500 at the time · £119,954 in today's money · 804 sales1996: £58,400 at the time · £120,287 in today's money · 1,002 sales1997: £60,000 at the time · £120,174 in today's money · 1,091 sales1998: £63,000 at the time · £124,200 in today's money · 1,056 sales1999: £68,700 at the time · £133,718 in today's money · 1,050 sales2000: £77,000 at the time · £147,583 in today's money · 1,028 sales2001: £85,000 at the time · £159,592 in today's money · 1,271 sales2002: £115,000 at the time · £211,318 in today's money · 1,373 sales2003: £150,000 at the time · £269,883 in today's money · 1,346 sales2004: £172,500 at the time · £305,977 in today's money · 1,392 sales2005: £180,000 at the time · £312,846 in today's money · 1,134 sales2006: £174,500 at the time · £295,835 in today's money · 1,479 sales2007: £185,700 at the time · £307,642 in today's money · 1,264 sales2008: £178,000 at the time · £284,965 in today's money · 695 sales2009: £175,000 at the time · £274,744 in today's money · 768 sales2010: £184,800 at the time · £283,046 in today's money · 643 sales2011: £162,200 at the time · £239,141 in today's money · 618 sales2012: £172,000 at the time · £247,250 in today's money · 641 sales2013: £174,000 at the time · £244,521 in today's money · 771 sales2014: £173,000 at the time · £239,699 in today's money · 964 sales2015: £178,000 at the time · £245,640 in today's money · 989 sales2016: £199,200 at the time · £272,174 in today's money · 982 sales2017: £195,500 at the time · £260,415 in today's money · 968 sales2018: £195,000 at the time · £253,868 in today's money · 934 sales2019: £192,200 at the time · £246,045 in today's money · 858 sales2020: £216,700 at the time · £274,606 in today's money · 768 sales2021: £210,500 at the time · £260,296 in today's money · 1,136 sales2022: £213,500 at the time · £244,506 in today's money · 850 sales2023: £215,000 at the time · £230,715 in today's money · 860 sales2024: £236,200 at the time · £245,264 in today's money · 860 sales2025: £246,000 at the time · £246,000 in today's money · 870 sales2026: £275,000 at the time · £275,000 in today's money · 197 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£275,000£275,000197
2025£246,000£246,000870
2024£236,200£245,264860
2023£215,000£230,715860
2022£213,500£244,506850
2021£210,500£260,2961,136
2020£216,700£274,606768
2019£192,200£246,045858
2018£195,000£253,868934
2017£195,500£260,415968
2016£199,200£272,174982
2015£178,000£245,640989
2014£173,000£239,699964
2013£174,000£244,521771
2012£172,000£247,250641
2011£162,200£239,141618
2010£184,800£283,046643
2009£175,000£274,744768
2008£178,000£284,965695
2007£185,700£307,6421,264
2006£174,500£295,8351,479
2005£180,000£312,8461,134
2004£172,500£305,9771,392
2003£150,000£269,8831,346
2002£115,000£211,3181,373
2001£85,000£159,5921,271
2000£77,000£147,5831,028
1999£68,700£133,7181,050
1998£63,000£124,2001,056
1997£60,000£120,1741,091
1996£58,400£120,2871,002
1995£56,500£119,954804

In cash terms the typical NE3 home went from £56,500 in 1995 to £275,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 129%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2005; the current median sits about 12% 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 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · +3.4% on the year before1997 · +2.7% on the year before1998 · +5.0% on the year before1999 · +9.0% on the year before2000 · +12.1% on the year before2001 · +10.4% on the year before2002 · +35.3% on the year before2003 · +30.4% on the year before2004 · +15.0% on the year before2005 · +4.3% on the year before2006 · −3.1% on the year before2007 · +6.4% on the year before2008 · −4.1% on the year before2009 · −1.7% on the year before2010 · +5.6% on the year before2011 · −12.2% on the year before2012 · +6.0% on the year before2013 · +1.2% on the year before2014 · −0.6% on the year before2015 · +2.9% on the year before2016 · +11.9% on the year before2017 · −1.9% on the year before2018 · −0.3% on the year before2019 · −1.4% on the year before2020 · +12.7% on the year before2021 · −2.9% on the year before2022 · +1.4% on the year before2023 · +0.7% on the year before2024 · +9.9% on the year before2025 · +4.1% on the year before2026 · +11.8% on the year before200020052010201520202026

The strongest year on record here is 2002 (+35.3% on the year before); the weakest, 2011 (−12.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)+11.8%+11.8%
5 years (since 2021)+5.5%+1.1%
10 years (since 2016)+3.3%+0.1%
20 years (since 2006)+2.3%−0.4%

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.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

1,0002,000 1995: 804 sales1996: 1,002 sales1997: 1,091 sales1998: 1,056 sales1999: 1,050 sales2000: 1,028 sales2001: 1,271 sales2002: 1,373 sales2003: 1,346 sales2004: 1,392 sales2005: 1,134 sales2006: 1,479 sales2007: 1,264 sales2008: 695 sales2009: 768 sales2010: 643 sales2011: 618 sales2012: 641 sales2013: 771 sales2014: 964 sales2015: 989 sales2016: 982 sales2017: 968 sales2018: 934 sales2019: 858 sales2020: 768 sales2021: 1,136 sales2022: 850 sales2023: 860 sales2024: 860 sales2025: 870 sales2026: 197 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

100200 June 2021 · 172 sales registeredJuly 2021 · 73 sales registeredAugust 2021 · 85 sales registeredSeptember 2021 · 143 sales registeredOctober 2021 · 75 sales registeredNovember 2021 · 76 sales registeredDecember 2021 · 81 sales registeredJanuary 2022 · 50 sales registeredFebruary 2022 · 71 sales registeredMarch 2022 · 82 sales registeredApril 2022 · 62 sales registeredMay 2022 · 66 sales registeredJune 2022 · 61 sales registeredJuly 2022 · 69 sales registeredAugust 2022 · 67 sales registeredSeptember 2022 · 76 sales registeredOctober 2022 · 74 sales registeredNovember 2022 · 97 sales registeredDecember 2022 · 75 sales registeredJanuary 2023 · 69 sales registeredFebruary 2023 · 60 sales registeredMarch 2023 · 86 sales registeredApril 2023 · 45 sales registeredMay 2023 · 49 sales registeredJune 2023 · 76 sales registeredJuly 2023 · 68 sales registeredAugust 2023 · 104 sales registeredSeptember 2023 · 64 sales registeredOctober 2023 · 85 sales registeredNovember 2023 · 77 sales registeredDecember 2023 · 77 sales registeredJanuary 2024 · 64 sales registeredFebruary 2024 · 65 sales registeredMarch 2024 · 74 sales registeredApril 2024 · 57 sales registeredMay 2024 · 62 sales registeredJune 2024 · 71 sales registeredJuly 2024 · 85 sales registeredAugust 2024 · 81 sales registeredSeptember 2024 · 71 sales registeredOctober 2024 · 63 sales registeredNovember 2024 · 104 sales registeredDecember 2024 · 63 sales registeredJanuary 2025 · 71 sales registeredFebruary 2025 · 57 sales registeredMarch 2025 · 140 sales registeredApril 2025 · 37 sales registeredMay 2025 · 44 sales registeredJune 2025 · 72 sales registeredJuly 2025 · 90 sales registeredAugust 2025 · 83 sales registeredSeptember 2025 · 71 sales registeredOctober 2025 · 67 sales registeredNovember 2025 · 83 sales registeredDecember 2025 · 55 sales registeredJanuary 2026 · 39 sales registeredFebruary 2026 · 39 sales registeredMarch 2026 · 49 sales registeredApril 2026 · 51 sales registeredMay 2026 · 19 sales registered

NE3 recorded 718 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 1,286 sales a year before the financial crisis and 727 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around NE3

NE3 falls under Newcastle upon Tyne, where the ONS puts the average private rent at £1,204 a month (May 2026 figures). A one-bed averages £806 a month here and a four-or-more-bed £1,825, so size does most of the work in setting the rent.

Average monthly rent by size, Newcastle upon Tyne

ONS Price Index of Private Rents, May 2026.

1 bed: £806 a month£8061 bed2 bed: £997 a month£9972 bed3 bed: £1,182 a month£1,1823 bed4+ bed: £1,825 a month£1,8254+ bed

Set against the £275,000 median sold price, £1,204 a month is £14,448 a year, a gross yield of 5.3%: 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.

Will NE3 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 31% over five years in cash and up 6% 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.

Ladders and snakes: five-year risers and fallers

NE3 ranks 9 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.

NE44NE44 · +81% over five years · median £650,000+81%NE43NE43 · +77% over five years · median £515,000+77%NE49NE49 · +67% over five years · median £217,500+67%NE64NE64 · +45% over five years · median £140,000+45%NE45NE45 · +43% over five years · median £557,500+43%NE3NE3 · +31% over five years · median £275,000+31%NE16NE16 · −10% over five years · median £165,000−10%NE20NE20 · −14% over five years · median £380,000−14%NE4NE4 · −16% over five years · median £130,000−16%NE39NE39 · −16% over five years · median £147,000−16%NE19NE19 · −29% over five years · median £170,000−29%

Inside NE3, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
NE3 1£317,50052
NE3 2£170,00041
NE3 3£165,00033
NE3 4£335,00044
NE3 5£372,00027

How NE3 compares nearby

Same city, different markets. The neighbouring districts of the NE area, dearest first:

DistrictMedian5-year
NE44£650,000+81%
NE45£557,500+43%
NE69£530,800+36%
NE43£515,000+77%
NE18£455,000-1%
NE20£380,000-14%
NE67£343,800+21%
NE47£307,000+15%
NE26£295,000+7%
NE46£294,800+8%
NE3 (this report)£275,000+31%
NE2£250,000+2%
NE36£250,000+17%
NE41£250,000-9%
NE66£250,000+2%
NE30£248,000+8%
NE25£245,000+15%
NE65£243,000+10%
NE61£242,500+21%
NE13£240,000+0%
NE68£240,000-3%
NE7£235,000+7%
NE27£230,000+22%
NE70£230,000-4%

Dig further

See every individual NE3 sale on the live map, mapped to the exact address, or the quick-reference NE3 price page. 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.