Local market reports › NE area › NE4
City Centre market report NE4, Newcastle Upon Tyne
The NE4 (City Centre) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 10,228 sales recorded by HM Land Registry in NE4 (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 July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: a typical NE4 (Newcastle Upon Tyne) home changed hands for £161,500 in 2026 (median of 48 registered sales, down 2% on five years earlier), with the mean at £217,000, and by floor area homes here have averaged about £1,760 per square metre over the last five years. Source: 10,228 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
NE4 is the postcode district covering City Centre, Arthurs Hill, Elswick 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 NE4 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 buyers actually paid in NE4
Take the 48 registered 2026 sales in NE4 and the middle price, the median, is £161,500. The mean lands at £217,000, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
House prices per square metre in NE4
The last five years of sales put NE4 at roughly £1,760 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
England and Wales as a whole trade at a £285,000 median, leaving NE4 43% below the national figure.
NE4's median sold price, 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 | £161,500 | £161,500 | 48 |
| 2025 | £175,000 | £179,185 | 197 |
| 2024 | £155,000 | £164,797 | 223 |
| 2023 | £140,000 | £153,826 | 204 |
| 2022 | £135,000 | £158,303 | 238 |
| 2021 | £165,000 | £208,911 | 313 |
| 2020 | £127,500 | £165,434 | 190 |
| 2019 | £116,500 | £152,704 | 222 |
| 2018 | £116,000 | £154,630 | 206 |
| 2017 | £125,000 | £170,487 | 230 |
| 2016 | £132,000 | £184,669 | 257 |
| 2015 | £124,200 | £175,495 | 264 |
| 2014 | £114,500 | £162,438 | 260 |
| 2013 | £100,000 | £143,890 | 199 |
| 2012 | £96,000 | £141,300 | 169 |
| 2011 | £86,000 | £129,827 | 277 |
| 2010 | £118,000 | £185,054 | 198 |
| 2009 | £125,000 | £200,939 | 202 |
| 2008 | £113,000 | £185,231 | 263 |
| 2007 | £121,000 | £205,250 | 497 |
| 2006 | £115,000 | £199,625 | 556 |
| 2005 | £90,000 | £160,164 | 522 |
| 2004 | £81,000 | £147,112 | 630 |
| 2003 | £70,000 | £128,957 | 613 |
| 2002 | £47,500 | £89,371 | 643 |
| 2001 | £35,000 | £67,286 | 493 |
| 2000 | £34,500 | £67,706 | 409 |
| 1999 | £36,000 | £71,746 | 370 |
| 1998 | £35,000 | £70,650 | 330 |
| 1997 | £33,000 | £67,676 | 384 |
| 1996 | £29,200 | £61,581 | 340 |
| 1995 | £31,500 | £68,476 | 281 |
In cash terms the typical NE4 home went from £31,500 in 1995 to £161,500 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 136%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2021. The market now sits about 23% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NE4 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 (+47.4% on the year before); the weakest, 2011 (−27.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NE4 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −7.7% | −9.9% |
| 5 years (since 2021) | −0.4% | −5.0% |
| 10 years (since 2016) | +2.0% | −1.3% |
| 20 years (since 2006) | +1.7% | −1.1% |
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, 47% of the typed total. In 2025, the last year both were recorded here, a detached home traded at £330,000 against £87,500 for a flat, 3.8 times the price.
Median by property type, NE4
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 | £330,000 (2025) | – | 256 |
| Semi-detached | £187,000 | 12 | 2,317 |
| Terraced | £186,000 | 23 | 4,827 |
| Flats | £108,000 | 11 | 2,811 |
The turnover behind the prices
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The last five years, month by month
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
The register shows 123 NE4 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 545 sales a year before the financial crisis and 182 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 kind of market NE4 is
This is a thin market: 123 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.
The rental side of NE4
For renting purposes NE4 sits in Newcastle upon Tyne. The ONS average private rent there is £1,204 a month (May 2026). Size sets most of the rent: one-beds average £806 a month here against £1,825 for four or more bedrooms.
Average monthly rent by size, Newcastle upon Tyne
ONS Price Index of Private Rents, May 2026.
Against the £161,500 median purchase price, a rent of £1,204 a month (£14,448 a year) works out at a 8.9% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
What people ask about NE4 (City Centre)
How much did a house sell for in NE4 (City Centre)?
Are property prices falling in NE4 (City Centre)?
Is NE4 (City Centre) a good place to buy a house?
Are NE4 prices heading up or down?
No honest page predicts prices, so this one sticks to the record: the median is roughly flat over five years in cash but down 23% 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 is for sale in NE4 right now
Everything above is what homes in NE4 sold for. Turning to what is actually available: 21 homes on the market right now, from 6 agents publishing to HomesIndex, at a typical asking price 29% below the NE4 median sold price.
25% 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.
- The Cedars, NEWCASTLE UPON TYNE, Tyne...
- Hampstead Road, Elswick, Newcastle upon Tyne, NE4, 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 NE4 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
The Land Registry record, split by size: what each kind of home actually sold for across the NE area. 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%) | — |
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
NE4 ranks 52 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.
NE area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside NE4, 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 |
|---|---|---|
| NE4 5 | £148,000 | 3 |
| NE4 6 | £142,000 | 10 |
| NE4 7 | £95,000 | 2 |
| NE4 8 | £125,000 | 9 |
| NE4 9 | £275,000 | 24 |
How NE4 compares nearby
Same city, different markets. The dearest districts of the NE area, and NE4 itself, which ranks 43 of 59 by median price:
| District | Median | 5-year |
|---|---|---|
| NE44 | £692,500 | +57% |
| NE69 | £617,500 | +2% |
| NE45 | £557,500 | +35% |
| NE20 | £472,500 | +8% |
| NE18 | £375,000 | +58% |
| NE67 | £335,000 | +4% |
| NE26 | £330,000 | +17% |
| NE46 | £297,200 | +8% |
| NE3 | £290,000 | +26% |
| NE47 | £290,000 | +18% |
| NE43 | £288,500 | -10% |
| NE30 | £280,000 | +18% |
| NE41 | £267,800 | -1% |
| NE2 | £265,800 | +12% |
| NE19 | £265,000 | +8% |
| NE25 | £260,000 | +18% |
| NE66 | £252,500 | +3% |
| NE65 | £251,500 | +12% |
| NE36 | £247,500 | +15% |
| NE27 | £241,200 | +24% |
| NE61 | £240,000 | +14% |
| NE68 | £240,000 | +0% |
| NE70 | £240,000 | +0% |
| NE4 (this report) | £161,500 | -2% |
Thinking of selling in NE4? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NE4, open the average prices map and zoom from the NE4 shading down to the sold homes on your own street. Every recorded NE4 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NE4.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to NE4. Free after a one click sign in.
Two maps carry on from here: every NE4 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices 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.