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Gosforth market report NE3, Newcastle Upon Tyne
The NE3 (Gosforth) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 29,540 sales recorded by HM Land Registry in NE3 (Newcastle Upon Tyne) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales recorded to August 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release. Page updated 19 October 2026.
In short: the typical home in NE3 (Newcastle Upon Tyne) sold for £283,900 in 2026, the median of 332 registered sales, up 23% on five years earlier. The mean was £344,000, and by floor area homes here have averaged about £2,710 per square metre over the last five years. The figures cover 29,540 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
NE3 is a postcode district covering Gosforth, Fawdon, Kingston Park 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 NE3 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
In the NE3 property market, the 2026 median sale price is £283,900, from 332 registered sales; the mean, the "average house price" most sites quote, is £344,000, sitting well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
What a square metre costs in NE3
A square metre of NE3 home has cost about £2,710 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
For scale: the England and Wales median is £285,000, so NE3 trades 0% below the country as a whole.
A typical NE3 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £283,900 | £283,900 | 332 |
| 2025 | £275,000 | £281,576 | 808 |
| 2024 | £247,200 | £262,824 | 754 |
| 2023 | £236,000 | £259,306 | 719 |
| 2022 | £225,000 | £263,838 | 722 |
| 2021 | £230,000 | £291,210 | 976 |
| 2020 | £235,000 | £304,917 | 673 |
| 2019 | £202,500 | £265,429 | 751 |
| 2018 | £205,000 | £273,269 | 837 |
| 2017 | £210,000 | £286,419 | 855 |
| 2016 | £214,800 | £300,507 | 882 |
| 2015 | £185,000 | £261,405 | 905 |
| 2014 | £175,600 | £249,119 | 916 |
| 2013 | £175,000 | £251,808 | 757 |
| 2012 | £172,000 | £253,163 | 641 |
| 2011 | £162,200 | £244,860 | 618 |
| 2010 | £184,800 | £289,814 | 643 |
| 2009 | £175,000 | £281,314 | 768 |
| 2008 | £178,500 | £292,599 | 694 |
| 2007 | £186,000 | £315,508 | 1,262 |
| 2006 | £174,600 | £303,083 | 1,480 |
| 2005 | £180,000 | £320,327 | 1,134 |
| 2004 | £172,500 | £313,294 | 1,392 |
| 2003 | £150,000 | £276,336 | 1,346 |
| 2002 | £115,000 | £216,372 | 1,373 |
| 2001 | £85,000 | £163,408 | 1,271 |
| 2000 | £77,000 | £151,113 | 1,028 |
| 1999 | £68,700 | £136,916 | 1,050 |
| 1998 | £63,000 | £127,170 | 1,056 |
| 1997 | £60,000 | £123,048 | 1,091 |
| 1996 | £58,400 | £123,163 | 1,002 |
| 1995 | £56,500 | £122,822 | 804 |
In cash terms the typical NE3 home went from £56,500 in 1995 to £283,900 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 131%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2005; the current median sits about 11% 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.
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.
What NE3 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | +3.2% | +0.8% |
| 5 years (since 2021) | +4.3% | −0.5% |
| 6 years (since 2020) | +3.2% | −1.2% |
| 10 years (since 2016) | +2.8% | −0.6% |
| 20 years (since 2006) | +2.5% | −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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 34% of the typed total. A detached home currently trades at £515,000 against £174,500 for a flat, 3.0 times the price.
Median by property type, NE3
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 | £515,000 | 36 | 3,356 |
| Semi-detached | £280,000 | 117 | 9,254 |
| Terraced | £313,500 | 120 | 10,164 |
| Flats | £174,500 | 59 | 6,766 |
The turnover behind the prices
Sales per year, counted
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The last five years, month by month
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
NE3 recorded 616 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 667 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 rental side of NE3
For renting purposes NE3 sits in Newcastle upon Tyne. The ONS average private rent there is £1,204 a month (May 2026). 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.
Set against the £283,900 median sold price, £1,204 a month is £14,448 a year, a gross yield of 5.1%: 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.
The shape of the NE3 market
Among the 59 measurable districts of its area, NE3 ranks 11 by median price: firmly in the dearer tier.
Asked and answered: NE3 (Gosforth)
Is NE3 (Gosforth) a good place to buy a house?
How much did a house sell for in NE3 (Gosforth)?
Are property prices falling in NE3 (Gosforth)?
What happens to NE3 prices now?
No honest page predicts prices, so this one sticks to the record: the median is up 23% over five years in cash but down 3% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What you could buy in NE3 now
Everything above is what homes in NE3 sold for. Turning to what is actually available: 26 homes on the market right now, from 4 agents publishing to HomesIndex, at a typical asking price 22% below the NE3 median sold price.
At the pace of the last twelve months' registered sales (616 in NE3), the 26 homes listed here amount to about 2 weeks of supply. Not every agent publishes to HomesIndex, so the true figure is higher. That is a thin shelf: buyers here are choosing from little, and a well priced home is unlikely to wait long.
11% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
- Links Green Walk, Gosforth, Newcastle upon Tyne, NE3, Newcastle upon Tyne
- Links Green Walk, Gosforth, Newcastle upon Tyne, NE3, 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.
Month by month: when NE3 sells
Across the 3,979 sales completed in NE3 from 2021 to 2025, March was the busiest month for completions (10.5% of the total) and April the quietest (5.9%). The gap between the two is wide enough to plan around: completion follows the agreed sale by weeks, so the busiest month for completions points to deals done earlier, and a seller wanting several bidders should list ahead of it.
Sales by month, 2021 to 2025
| Month | Sales | Share |
|---|---|---|
| January | 291 | 7.3% |
| February | 295 | 7.4% |
| March | 416 | 10.5% |
| April | 236 | 5.9% |
| May | 250 | 6.3% |
| June | 387 | 9.7% |
| July | 318 | 8.0% |
| August | 378 | 9.5% |
| September | 378 | 9.5% |
| October | 325 | 8.2% |
| November | 384 | 9.7% |
| December | 321 | 8.1% |
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 | £205,000 | £225,000 (+10%) | £270,000 (+20%) | £337,995 (+25%) | £443,798 (+31%) |
| Semi-detached | £155,000 | £161,452 (+4%) | £190,000 (+18%) | £262,000 (+38%) | £380,000 (+45%) |
| Terraced | £115,000 | £135,000 (+17%) | £155,500 (+15%) | £253,000 (+63%) | £351,500 (+39%) |
| Flat | £87,000 | £110,000 (+26%) | £142,500 (+30%) | £175,000 (+23%) | £225,000 (+29%) |
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
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.
Winners and losers across the NE area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside NE3, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE3 1 | £345,800 | 78 |
| NE3 2 | £188,800 | 76 |
| NE3 3 | £170,000 | 61 |
| NE3 4 | £395,000 | 71 |
| NE3 5 | £362,200 | 46 |
How NE3 compares nearby
Same city, different markets. The neighbouring districts of the NE area, dearest first:
| District | Median | 5-year |
|---|---|---|
| NE44 | £692,500 | +57% |
| NE69 | £617,500 | +2% |
| NE20 | £485,000 | +11% |
| NE45 | £450,000 | +9% |
| NE67 | £365,000 | +13% |
| NE18 | £350,000 | +48% |
| NE26 | £345,000 | +22% |
| NE46 | £312,200 | +14% |
| NE43 | £288,500 | -10% |
| NE47 | £285,000 | +16% |
| NE3 (this report) | £283,900 | +23% |
| NE30 | £280,000 | +18% |
| NE41 | £270,500 | +0% |
| NE25 | £270,000 | +23% |
| NE65 | £267,500 | +19% |
| NE2 | £265,800 | +12% |
| NE19 | £265,000 | +8% |
| NE66 | £260,000 | +6% |
| NE68 | £253,500 | +6% |
| NE36 | £245,000 | +14% |
| NE7 | £244,500 | +10% |
| NE27 | £240,000 | +23% |
| NE61 | £240,000 | +14% |
| NE13 | £235,000 | -4% |
Selling a home in NE3? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NE3, open the average prices map and zoom from the NE3 shading down to the sold homes on your own street. Every recorded NE3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Take it further
Behind the answers sits the same Land Registry record as this page, with NE3 already set as the subject. Free, one click sign in.
The live map plots every individual NE3 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.