House prices in NE (Newcastle upon Tyne)

Price per square metre data and charts to help you understand the housing market in NE - stats were last calculated on 01 June 2026.

Defining postcode area 'NE'

This analysis is limited to properties whose postcode starts with "NE", this is also called the postcode area. There are no official postcode area names so I've just labelled it NE, Newcastle upon Tyne. It is shown in red on the map below.

Want to change geography?

You can click on the map above to change to a neighbouring area, or you can use the search form below.

Price per square metre

Knowing the average house price in NE is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

For example in April 2026, 4, Weetslade Terrace, Newcastle upon Tyne, NE23 7NQ sold for £205,000. Given the internal area of 105 square metres recorded on the EPC, the price per sqm is £205,000 ÷ 105 sqm = £1,952.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-). You can change your prefered units from square meters to square feet for all the graphs and charts on NE and elsewhere. Just visit the My Account page and look for the m2 to ft2 toggle switch. Alternatively just multiply everything by 10, move a decimal place to go from sqm to sqft and you'll be close enough as 1 sqm = 10.76391 sqft.

Distribution of £ per sqm for houses vs flats in NE

Tip: click on the legend labels to show/hide different property types.

The chart above is called a histogram, it helps you see the distribution of house price per sqm in NE To make this chart we put all the sales data into a series of £ per sqm 'buckets' (e.g. £2,317 to £2,490, £2,490 to £2,663, £2,663 to £2,836 etc...) we then count the number of sales with within in each bucket and plot the results. The histogram is based on 13,357 sales that took place in NE in the last 12 months.

Generate a custom histogram like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in NE, Newcastle upon Tyne. Notably, only 25% of properties that sold recently were valued at more than £2,820 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of NE homes.

Box plot of £ per sqm for NE

Tip: click on the chart to see the values.

The chart above is called a boxplot (or a box-and-whisker plot). Box plots, like histograms, are used to graphically represent the distribution of data, showing the central tendency, spread of the distribution. In the context of £ per square metre property price distributions, box plots represent the variation in property prices within a geographic area e.g. NE. The chart above shows a boxplot for 'NE' broken down by property type (Flats, Semi-detached, Detached and Terraced). Almost everywhere houses command higher prices per square metre than flats, and detached houses most of all.

  • Median: The horizontal line inside the box represents the median (£ per square meter). This is the midpoint of the data, meaning 50% of the prices are below this value, and 50% are above. The middle price per square metre in 'NE' is £2,180.
  • Interquartile Range (IQR): The box spans from the 25th percentile (Q1) to the 75th percentile (Q3). This is the range where the middle 50% of the data lies, giving a good indication of the typical price spread. Of the 13,357 sales in NE half were sold for between £1,570 and £2,820 per square metre.
  • Whiskers: In our case, the whiskers extend from the 9th percentile (at the lower end) to the 91st percentile (at the upper end), This provides a slightly broader view of the distribution by including the middle 82% of records. The whiskers capture most of the variation but exclude extreme outliers caused by data errors in recording sold house prices or internal area.
  • 'n=' is the number of property sales the box is based on.

    • Does £ per sqm vary by property size and type?

    A common question is whether price per sqm varies by property size and type. In other words can we fairly compare the price per sqm between two properties of different sizes? The charts below go some way to answering this question in the context of NE. TLDR; there is some effect, but after you control for property type the effect is less than you might expect.

    The first chart shows the distribution of price per sqm by property size. This shows that as the size of properties increase, there is not a significant corresponding change in £ per sqm. The second chart shows the same distribution split by property type. If you want the functionality to generate bespoke charts get in touch as it is a feature I could add to the subscription service if enough people are interested.

    Density distribution
    Price per square metre distribution by property size
    Density distribution for NE

    Shows the distribution of property prices per square metre in NE.

    Distribution by property type
    Price per square metre distribution by size and property type
    Property types distribution for NE

    Shows the distribution of different property types in NE.

    Property price map for Newcastle upon Tyne

    Have a look at the interactive price map I created for myself. Use it to explore house prices in 'Newcastle upon Tyne' all the way down to individual property plots.

    House price heatmap showing property values across Newcastle upon Tyne 🔍 Explore map ›

    Price trends

    House prices in 'NE' Newcastle upon Tyne fell -0.2% in the last year, -3.3% after inflation. Whether or not this trend will continue depends on many factors. I cannot tell what house prices will do in the future and don't believe anyone who says they can. However we can plot price trends, I have done this in the chart below for postcode area 'NE' split by property type. You can extrapolate from this based on what you think will happen to wage growth, net migration, interest rates and the level of house building.

    House price index for NE

    Tip: click on the legend items to show/hide different lines

    Download house price index as CSV (premium users only).

    The chart above shows changes in 'NE' property prices over the last 20 years. The index is calculated from the average price paid per sqm for property in NE and is set to 100 in 2004. The chart compares trends for Flats vs Houses in NE. You can see how different they are. Keep this in mind when you see any price index that doesn't provide this breakdown.

    The dashed lines show nominal house price changes, the solid lines show the same data adjusted for inflation. Economists call this the 'real' price change. You have to take inflation into account when comparing prices over time. It's calculated using the formula:

    Real Rate of Return = (1 + Nominal Rate) ÷ (1 + Inflation Rate) – 1
    In this formula, the nominal rate is the rate of change before any adjustments, and the inflation rate is taken from the Consumer Price Index. The real rate of return is a more accurate measure of change in value, because £1 today does not have the same buying power as £1 in the past. For example, if a savings account pays an interest rate of 3% per year and the inflation rate is 5% per year, the real rate of return is -2%. This means that the investment's value is shrinking by 2% each year.

    Historic returns for NE
    All Flats Houses
    Nominal Real Nominal Real Nominal Real
    20 yr per annum 1.6% -1.2% 0.7% -2.0% 1.9% -0.9%
    20 yr total 36.3% -21.8% 16.0% -33.4% 44.4% -17.1%
    10 yr per annum 2.7% -0.7% 1.6% -1.8% 3.0% -0.4%
    10 yr total 30.3% -6.6% 16.9% -16.2% 34.5% -3.6%
    5 yr per annum 2.7% -2.2% 1.5% -3.3% 2.9% -1.9%
    5 yr total 14.1% -10.6% 7.8% -15.5% 15.6% -9.4%
    1 yr per annum -0.2% -3.3% -1.1% -4.1% -0.4% -3.5%
    1 yr total -0.2% -3.3% -1.1% -4.1% -0.4% -3.5%

    This table complements the house price index chart above, presenting the data in a more detailed format. It breaks down the information into 20-year, 10-year, 5-year, and 1-year periods, further categorized by property type. For each period, we display both a per annum rate of change and a total rate of change.

    The total rate of change represents the overall change over the entire period. The formula for total return is:

    Total return = (Index at end of period ÷ Index at start of period) - 1

    The per annum rate of change is the annualized rate of change over the period. This is equivalent to the annual bank savings rate you would need to achieve the same total return over the given period. This annualized return is also known as the Compound Annual Growth Rate (CAGR). The formula for CAGR is:

    CAGR = (1 + Total return) ^ (1 ÷ Number of years) - 1

    Some specific examples:

    • Over the past 20 years, All have seen a -1.2% annual change when adjusted for inflation. This translates to a total change of -21.8% in real terms.
    • Over the past 5 years, All have seen a -2.2% annual change when adjusted for inflation. This translates to a total change of -10.6% in real terms.

    Snakes & Ladders

    See the recent winners & losers in the NE property market. This is not deep analysis - it is a nosy, tabloid-style peek at the local property market.

    Explore NE winners & losers
    Listing photo for 24 Castle Terrace
    Snake
    24 Castle Terrace
    NE63 9BX
    -18.0%
    annualised change
    Listing photo for 19 Arcot Grange
    Ladder
    19 Arcot Grange
    NE23 7DQ
    +66.6%
    annualised change

    NE's constituents

    The analysis on this page encompasses the entirety of NE. If you want more granular analysis on different parts of NE, use these links.

    Postcode district Lower quartile Median Upper quartile Sales in last 2yr
    NE1 Newcastle Upon Tyne £1,920 sqm £2,320 sqm £2,760 sqm 264
    NE10 Gateshead £1,390 sqm £1,710 sqm £2,200 sqm 787
    NE11 Gateshead £1,570 sqm £1,930 sqm £2,400 sqm 487
    NE12 Newcastle Upon Tyne £1,880 sqm £2,320 sqm £2,860 sqm 1,075
    NE13 Wideopen £2,240 sqm £2,700 sqm £3,030 sqm 994
    NE15 Newcastle Upon Tyne £1,420 sqm £1,880 sqm £2,340 sqm 963
    NE16 Whickham £1,670 sqm £2,250 sqm £2,870 sqm 767
    NE17 Chopwell £680 sqm £1,050 sqm £1,980 sqm 211
    NE18 Stamfordham £2,560 sqm £2,780 sqm £3,560 sqm 27
    NE19 Otterburn £1,890 sqm £2,390 sqm £3,030 sqm 55
    NE2 Newcastle Upon Tyne £2,470 sqm £3,030 sqm £3,570 sqm 630
    NE20 Ponteland £2,940 sqm £3,500 sqm £4,010 sqm 417
    NE21 Blaydon-On-Tyne £1,440 sqm £1,920 sqm £2,330 sqm 548
    NE22 Bedlington £1,210 sqm £1,810 sqm £2,420 sqm 685
    NE23 Cramlington £1,720 sqm £2,290 sqm £2,780 sqm 1,313
    NE24 Blyth £1,170 sqm £1,720 sqm £2,280 sqm 1,248
    NE25 Whitley Bay £2,220 sqm £2,860 sqm £3,540 sqm 926
    NE26 Whitley Bay £2,500 sqm £3,110 sqm £3,800 sqm 581
    NE27 Shiremoor £1,930 sqm £2,530 sqm £2,980 sqm 465
    NE28 Wallsend £1,400 sqm £1,920 sqm £2,500 sqm 1,411
    NE29 North Shields £1,580 sqm £2,110 sqm £2,640 sqm 1,174
    NE3 Newcastle Upon Tyne £2,120 sqm £2,720 sqm £3,270 sqm 1,529
    NE30 North Shields £2,400 sqm £3,110 sqm £3,790 sqm 731
    NE31 Hebburn £1,410 sqm £1,930 sqm £2,590 sqm 721
    NE32 Jarrow £1,280 sqm £1,630 sqm £2,020 sqm 501
    NE33 South Shields £1,000 sqm £1,400 sqm £1,930 sqm 885
    NE34 South Shields £1,410 sqm £1,850 sqm £2,410 sqm 1,064
    NE35 Boldon Colliery £1,360 sqm £1,820 sqm £2,500 sqm 170
    NE36 East Boldon £1,890 sqm £2,280 sqm £2,940 sqm 194
    NE37 Washington £1,030 sqm £1,440 sqm £2,170 sqm 504
    NE38 Washington £1,410 sqm £2,060 sqm £2,600 sqm 686
    NE39 High Spen £1,480 sqm £2,180 sqm £2,600 sqm 277
    NE4 Newcastle Upon Tyne £1,250 sqm £1,650 sqm £2,110 sqm 557
    NE40 Ryton £1,670 sqm £2,080 sqm £2,640 sqm 575
    NE41 Wylam £2,720 sqm £3,090 sqm £3,550 sqm 58
    NE42 Prudhoe £1,590 sqm £2,030 sqm £2,530 sqm 329
    NE43 Stocksfield £2,110 sqm £2,550 sqm £3,150 sqm 116
    NE44 Riding Mill £2,560 sqm £2,860 sqm £4,030 sqm 29
    NE45 Corbridge £2,840 sqm £3,530 sqm £4,220 sqm 123
    NE46 Hexham £2,140 sqm £2,610 sqm £3,160 sqm 477
    NE47 Haydon Bridge £2,030 sqm £2,550 sqm £3,140 sqm 188
    NE48 Bellingham £1,680 sqm £2,270 sqm £3,120 sqm 101
    NE49 Haltwhistle £1,420 sqm £1,710 sqm £2,040 sqm 112
    NE5 Newcastle Upon Tyne £1,590 sqm £2,110 sqm £2,570 sqm 1,423
    NE6 Newcastle Upon Tyne £1,610 sqm £2,160 sqm £2,620 sqm 1,186
    NE61 Morpeth £1,970 sqm £2,560 sqm £3,130 sqm 1,278
    NE62 Choppington £1,300 sqm £1,650 sqm £2,180 sqm 337
    NE63 Ashington £860 sqm £1,360 sqm £2,050 sqm 1,084
    NE64 Newbiggin-By-The-Sea £1,090 sqm £1,470 sqm £1,900 sqm 195
    NE65 Amble £2,020 sqm £2,630 sqm £3,220 sqm 867
    NE66 Alnwick £2,110 sqm £2,700 sqm £3,230 sqm 632
    NE67 Beadnell £2,890 sqm £3,600 sqm £4,150 sqm 77
    NE68 Seahouses £2,390 sqm £3,020 sqm £3,690 sqm 96
    NE69 Bamburgh £4,060 sqm £4,760 sqm £5,630 sqm 26
    NE7 Newcastle Upon Tyne £2,180 sqm £2,620 sqm £3,050 sqm 432
    NE70 Belford £2,140 sqm £2,410 sqm £2,700 sqm 61
    NE71 Wooler £1,960 sqm £2,310 sqm £2,720 sqm 91
    NE8 Gateshead £1,210 sqm £1,590 sqm £2,070 sqm 971
    NE9 Gateshead £1,590 sqm £2,100 sqm £2,600 sqm 926

    Nearby geographies

    The table below shows how 'NE' compares to the other postcode areas nearby 'NE'.

    Area Lower quartile Median Upper quartile Sales in last 1yr
    TD- Tweeddale £1,690 sqm £2,150 sqm £2,690 sqm 210
    SR- Sunderland £1,020 sqm £1,500 sqm £2,070 sqm 2,890
    NE- Newcastle upon Tyne £1,570 sqm £2,180 sqm £2,820 sqm 13,357
    DL- Darlington £1,120 sqm £1,810 sqm £2,440 sqm 4,898
    DH- Durham £1,150 sqm £1,700 sqm £2,250 sqm 4,075
    CA- Carlisle £1,460 sqm £2,030 sqm £2,580 sqm 4,175

    Raw data

    Our analysis of NE is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

    Address Paid sqm £/sqm
    4, Weetslade Terrace, £205,000
    Apr-2026
    		 105 1,952
    Birchwood, , £425,000
    Apr-2026
    		 204 2,083
    1, Vicarage Gardens, £150,000
    Apr-2026
    		 115 1,304

    Search the raw data here.

    About

    I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.