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Blakelaw market report NE5 1, Newcastle Upon Tyne
The NE5 1 (Blakelaw) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 5,366 registered sales in NE5 1 (Newcastle Upon Tyne) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical NE5 1 (Newcastle Upon Tyne) home changed hands for £235,000 in 2026 (median of 79 registered sales, up 5% on five years earlier), with the mean at £243,100, and by floor area homes here have averaged about £2,680 per square metre over the last five years. Source: 5,366 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
NE5 1 is one sector of NE5 (Newcastle Upon Tyne): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where NE5 1 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 NE5 1 homes really sell for
The 2026 median for NE5 1 is £235,000, taken from 79 registered sales. The mean, which is what most sites call the "average house price", is £243,100, nearly identical to it, meaning sales cluster closely around the typical figure.
What a square metre costs in NE5 1
By floor space, homes in NE5 1 have sold for about £2,680 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.
For scale: the England and Wales median is £285,000, so NE5 1 trades 18% below the country as a whole.
A typical NE5 1 home, priced year by year (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 | £235,000 | £235,000 | 79 |
| 2025 | £253,000 | £259,050 | 290 |
| 2024 | £253,000 | £268,991 | 299 |
| 2023 | £260,000 | £285,677 | 307 |
| 2022 | £255,000 | £299,017 | 302 |
| 2021 | £223,000 | £282,347 | 341 |
| 2020 | £214,000 | £277,669 | 232 |
| 2019 | £172,000 | £225,451 | 127 |
| 2018 | £174,200 | £232,212 | 144 |
| 2017 | £181,000 | £246,866 | 138 |
| 2016 | £172,500 | £241,329 | 117 |
| 2015 | £169,000 | £238,797 | 131 |
| 2014 | £160,000 | £226,988 | 144 |
| 2013 | £147,500 | £212,238 | 99 |
| 2012 | £140,000 | £206,063 | 88 |
| 2011 | £150,000 | £226,442 | 110 |
| 2010 | £149,000 | £233,670 | 89 |
| 2009 | £145,000 | £233,089 | 109 |
| 2008 | £167,000 | £273,748 | 79 |
| 2007 | £170,000 | £288,367 | 165 |
| 2006 | £163,000 | £282,947 | 187 |
| 2005 | £151,000 | £268,719 | 135 |
| 2004 | £150,000 | £272,429 | 165 |
| 2003 | £120,000 | £221,069 | 183 |
| 2002 | £95,500 | £179,682 | 185 |
| 2001 | £77,000 | £148,029 | 174 |
| 2000 | £67,200 | £131,880 | 152 |
| 1999 | £67,000 | £133,528 | 171 |
| 1998 | £60,000 | £121,114 | 138 |
| 1997 | £59,000 | £120,997 | 190 |
| 1996 | £56,000 | £118,101 | 163 |
| 1995 | £58,000 | £126,083 | 133 |
In cash terms the typical NE5 1 home went from £58,000 in 1995 to £235,000 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 86%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 21% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NE5 1 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 (+25.7% on the year before); the weakest, 2009 (−13.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −7.1% | −9.3% |
| 5 years (since 2021) | +1.1% | −3.6% |
| 10 years (since 2016) | +3.1% | −0.3% |
| 20 years (since 2006) | +1.8% | −0.9% |
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.
Sales activity in NE5 1
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.
NE5 1 recorded 79 sales in the last twelve months of data. Unusually, activity here runs above its pre-2008 level: 255 sales a year over the last five years against 168 before the financial crisis. 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 NE5 1
NE5 1 falls under Newcastle upon Tyne, where the ONS puts the average private rent at £1,204 a month (May 2026 figures). 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 £235,000 median purchase price, a rent of £1,204 a month (£14,448 a year) works out at a 6.1% 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.
The shape of the NE5 1 market
Against the NE5 district median, NE5 1 sits 31% higher, marking it as a dearer pocket of the district.
Common questions on NE5 1 (Blakelaw)
Is NE5 1 (Blakelaw) a good place to buy a house?
How much did a house sell for in NE5 1 (Blakelaw)?
Are property prices falling in NE5 1 (Blakelaw)?
Will NE5 1 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is up 5% over five years in cash but down 17% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
NE5's current homes for sale
This is what you could actually buy today: 21 homes currently on the market from 5 agents publishing to HomesIndex.
These cover the whole NE5 district, not just NE5 1: live asking prices are collected per district.
40% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
- Chestnut Avenue, Newcastle upon Tyne, Tyne and Wear
- Burdale Avenue, Newcastle upon Tyne, NE5, Newcastle upon Tyne
- St Keverne Square, Newcastle upon Tyne, NE5, 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 NE5 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in NE
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%) | — |
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. Where too few homes exist to say anything meaningful, the cell is 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 districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in NE5
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of NE5, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE5 2 | £159,500 | 61 |
| NE5 3 | £146,800 | 38 |
| NE5 4 | £177,500 | 42 |
| NE5 5 | £178,200 | 36 |
Zoom out to the full NE5 district report for the type split, monthly volumes and how NE5 compares with its neighbours.
Before you sell in NE5 1: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at NE5 1'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 NE5 1.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NE5 1. Free, with a one click sign in.
The live map plots every individual NE5 1 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.