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Blakelaw market report NE5 4, Newcastle Upon Tyne
The NE5 4 (Blakelaw) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 2,888 sales registered with HM Land Registry in NE5 4 (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.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the typical home in NE5 4 (Newcastle Upon Tyne) sold for £177,500 in 2026, the median of 42 registered sales, up 42% on five years earlier. The mean was £181,100, and by floor area homes here have averaged about £1,940 per square metre over the last five years. The figures cover 2,888 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
A postcode sector like NE5 4 is a single group of streets within NE5 (Newcastle Upon Tyne), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where NE5 4 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 a home in NE5 4 sells for
The 2026 median for NE5 4 is £177,500, taken from 42 registered sales. The mean, which is what most sites call the "average house price", is £181,100, practically level with it: prices here bunch tightly around the middle.
Price per square metre in NE5 4
Averaged across five years of sales, floor space in NE5 4 costs about £1,940 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
England and Wales as a whole trade at a £285,000 median, leaving NE5 4 38% below the national figure.
NE5 4's median sold price, 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 | £177,500 | £177,500 | 42 |
| 2025 | £160,500 | £164,338 | 84 |
| 2024 | £136,000 | £144,596 | 74 |
| 2023 | £137,000 | £150,530 | 70 |
| 2022 | £135,000 | £158,303 | 81 |
| 2021 | £125,000 | £158,266 | 83 |
| 2020 | £113,000 | £146,620 | 61 |
| 2019 | £136,500 | £178,919 | 112 |
| 2018 | £155,500 | £207,284 | 130 |
| 2017 | £131,000 | £178,671 | 102 |
| 2016 | £130,500 | £182,571 | 82 |
| 2015 | £92,500 | £130,703 | 89 |
| 2014 | £103,000 | £146,123 | 59 |
| 2013 | £110,000 | £158,279 | 69 |
| 2012 | £96,000 | £141,300 | 56 |
| 2011 | £95,000 | £143,413 | 48 |
| 2010 | £101,000 | £158,394 | 42 |
| 2009 | £94,700 | £152,231 | 51 |
| 2008 | £107,000 | £175,396 | 62 |
| 2007 | £111,500 | £189,135 | 108 |
| 2006 | £107,500 | £186,606 | 124 |
| 2005 | £100,000 | £177,960 | 110 |
| 2004 | £100,000 | £181,620 | 136 |
| 2003 | £70,000 | £128,957 | 169 |
| 2002 | £62,000 | £116,652 | 155 |
| 2001 | £44,000 | £84,588 | 111 |
| 2000 | £52,500 | £103,031 | 130 |
| 1999 | £40,000 | £79,718 | 94 |
| 1998 | £42,000 | £84,780 | 91 |
| 1997 | £40,000 | £82,032 | 106 |
| 1996 | £38,200 | £80,562 | 70 |
| 1995 | £43,000 | £93,475 | 87 |
In cash terms the typical NE5 4 home went from £43,000 in 1995 to £177,500 in 2026, roughly 4 times the price. Inflation explains only part of it: in today's money the rise is still about 90%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2018; the current median sits about 14% below that. Someone who bought at the 2018 peak has not yet seen that price back in real terms.
Year-on-year change in the NE5 4 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 2004 (+42.9% on the year before); the weakest, 2020 (−17.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NE5 4 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +10.6% | +8.0% |
| 5 years (since 2021) | +7.3% | +2.3% |
| 10 years (since 2016) | +3.1% | −0.3% |
| 20 years (since 2006) | +2.5% | −0.2% |
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.
How many homes change hands in NE5 4
The year-by-year sales count
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.
NE5 4 recorded 42 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 130 sales a year before the financial crisis and 70 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 NE5 4
The local authority for NE5 4 is Newcastle upon Tyne, and its ONS average private rent currently stands 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.
Against the £177,500 median purchase price, a rent of £1,204 a month (£14,448 a year) works out at a 8.1% 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.
What kind of market NE5 4 is
Only 42 sales completed here in the last twelve months of data, which makes NE5 4 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing.
Asked and answered: NE5 4 (Blakelaw)
Is NE5 4 (Blakelaw) a good place to buy a house?
How much did a house sell for in NE5 4 (Blakelaw)?
Are property prices falling in NE5 4 (Blakelaw)?
Are NE5 4 prices heading up or down?
That question has no honest answer, only evidence. The evidence: the median is up 42% over five years in cash and up 12% 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.
On the market in NE5 today
Turning to what is actually available: 21 homes on the market right now, from 5 agents publishing to HomesIndex.
These cover the whole NE5 district, not just NE5 4: live asking prices are collected per district.
40% 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.
- 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
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
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.
The price of an extra bedroom 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%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. 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
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 1 | £235,000 | 79 |
| NE5 2 | £159,500 | 61 |
| NE5 3 | £146,800 | 38 |
| 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.
Selling in NE5 4? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at NE5 4'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.
Estate agents working NE5 4: the featured spot on this report is free for founding agents, one per district. Claim NE5 4.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NE5 4. Free, with a one click sign in.
See every individual NE5 4 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. 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.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.