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 04 August 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 June 2026, 2, Mitford Gardens, Newcastle upon Tyne, NE13 6LT sold for £204,000. Given the internal area of 88 square metres recorded on the EPC, the price per sqm is £204,000 ÷ 88 sqm = £2,318.

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. £2,304 to £2,476, £2,476 to £2,647, £2,647 to £2,819 etc...) we then count the number of sales with within in each bucket and plot the results. The histogram is based on 12,838 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 £2,190.
  • 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 12,838 sales in NE half were sold for between £1,580 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 grew 0.9% in the last year, -2.2% 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% 0.8% -1.9% 1.9% -0.9%
    20 yr total 37.6% -21.0% 18.4% -32.0% 45.8% -16.3%
    10 yr per annum 2.8% -0.6% 1.8% -1.5% 3.1% -0.3%
    10 yr total 31.7% -5.6% 19.5% -14.4% 35.9% -2.6%
    5 yr per annum 2.9% -2.0% 2.0% -2.9% 3.1% -1.8%
    5 yr total 15.1% -9.7% 10.2% -13.6% 16.6% -8.5%
    1 yr per annum 0.9% -2.2% 1.3% -1.8% 0.6% -2.5%
    1 yr total 0.9% -2.2% 1.3% -1.8% 0.6% -2.5%

    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, Houses have seen a -0.9% annual change when adjusted for inflation. This translates to a total change of -16.3% in real terms.
    • Over the past 5 years, Houses have seen a -1.8% annual change when adjusted for inflation. This translates to a total change of -8.5% 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 186 Darras Road
    Ladder
    186 Darras Road
    NE20 9AF
    +45.2%
    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 £2,290 sqm £2,730 sqm 258
    NE10 Gateshead £1,390 sqm £1,720 sqm £2,200 sqm 769
    NE11 Gateshead £1,580 sqm £1,920 sqm £2,400 sqm 486
    NE12 Newcastle Upon Tyne £1,880 sqm £2,340 sqm £2,890 sqm 1,060
    NE13 Wideopen £2,230 sqm £2,700 sqm £3,050 sqm 950
    NE15 Newcastle Upon Tyne £1,420 sqm £1,910 sqm £2,360 sqm 955
    NE16 Whickham £1,670 sqm £2,240 sqm £2,850 sqm 770
    NE17 Chopwell £680 sqm £1,050 sqm £1,930 sqm 207
    NE18 Stamfordham £2,560 sqm £2,780 sqm £3,680 sqm 27
    NE19 Otterburn £1,830 sqm £2,360 sqm £3,060 sqm 56
    NE2 Newcastle Upon Tyne £2,500 sqm £3,040 sqm £3,600 sqm 648
    NE20 Ponteland £2,990 sqm £3,540 sqm £4,040 sqm 422
    NE21 Blaydon-On-Tyne £1,450 sqm £1,940 sqm £2,340 sqm 537
    NE22 Bedlington £1,210 sqm £1,810 sqm £2,430 sqm 681
    NE23 Cramlington £1,720 sqm £2,280 sqm £2,790 sqm 1,339
    NE24 Blyth £1,130 sqm £1,680 sqm £2,270 sqm 1,233
    NE25 Whitley Bay £2,240 sqm £2,890 sqm £3,560 sqm 934
    NE26 Whitley Bay £2,470 sqm £3,110 sqm £3,800 sqm 564
    NE27 Shiremoor £1,920 sqm £2,530 sqm £3,000 sqm 475
    NE28 Wallsend £1,390 sqm £1,890 sqm £2,440 sqm 1,358
    NE29 North Shields £1,600 sqm £2,130 sqm £2,640 sqm 1,121
    NE3 Newcastle Upon Tyne £2,140 sqm £2,710 sqm £3,290 sqm 1,513
    NE30 North Shields £2,440 sqm £3,140 sqm £3,810 sqm 747
    NE31 Hebburn £1,390 sqm £1,930 sqm £2,540 sqm 683
    NE32 Jarrow £1,290 sqm £1,630 sqm £2,040 sqm 490
    NE33 South Shields £1,000 sqm £1,400 sqm £1,910 sqm 883
    NE34 South Shields £1,420 sqm £1,870 sqm £2,410 sqm 1,047
    NE35 Boldon Colliery £1,380 sqm £1,850 sqm £2,440 sqm 163
    NE36 East Boldon £1,950 sqm £2,350 sqm £2,930 sqm 193
    NE37 Washington £1,010 sqm £1,440 sqm £2,190 sqm 511
    NE38 Washington £1,400 sqm £2,050 sqm £2,590 sqm 686
    NE39 High Spen £1,530 sqm £2,130 sqm £2,600 sqm 274
    NE4 Newcastle Upon Tyne £1,230 sqm £1,650 sqm £2,100 sqm 553
    NE40 Ryton £1,650 sqm £2,050 sqm £2,620 sqm 568
    NE41 Wylam £2,710 sqm £3,090 sqm £3,530 sqm 59
    NE42 Prudhoe £1,520 sqm £2,000 sqm £2,500 sqm 309
    NE43 Stocksfield £2,140 sqm £2,510 sqm £3,160 sqm 106
    NE44 Riding Mill £2,580 sqm £2,880 sqm £4,070 sqm 27
    NE45 Corbridge £2,840 sqm £3,530 sqm £4,210 sqm 126
    NE46 Hexham £2,140 sqm £2,640 sqm £3,180 sqm 462
    NE47 Haydon Bridge £2,030 sqm £2,510 sqm £3,120 sqm 172
    NE48 Bellingham £1,720 sqm £2,230 sqm £3,090 sqm 109
    NE49 Haltwhistle £1,420 sqm £1,700 sqm £2,130 sqm 115
    NE5 Newcastle Upon Tyne £1,590 sqm £2,080 sqm £2,560 sqm 1,433
    NE6 Newcastle Upon Tyne £1,600 sqm £2,170 sqm £2,650 sqm 1,183
    NE61 Morpeth £2,010 sqm £2,600 sqm £3,150 sqm 1,266
    NE62 Choppington £1,240 sqm £1,630 sqm £2,160 sqm 312
    NE63 Ashington £840 sqm £1,350 sqm £2,070 sqm 1,089
    NE64 Newbiggin-By-The-Sea £1,080 sqm £1,480 sqm £1,870 sqm 205
    NE65 Amble £2,010 sqm £2,640 sqm £3,220 sqm 843
    NE66 Alnwick £2,110 sqm £2,690 sqm £3,200 sqm 613
    NE67 Beadnell £2,880 sqm £3,570 sqm £4,150 sqm 73
    NE68 Seahouses £2,400 sqm £3,030 sqm £3,720 sqm 94
    NE69 Bamburgh £4,210 sqm £4,870 sqm £5,630 sqm 23
    NE7 Newcastle Upon Tyne £2,210 sqm £2,650 sqm £3,070 sqm 427
    NE70 Belford £2,060 sqm £2,410 sqm £2,640 sqm 57
    NE71 Wooler £1,930 sqm £2,250 sqm £2,690 sqm 87
    NE8 Gateshead £1,230 sqm £1,600 sqm £2,080 sqm 977
    NE9 Gateshead £1,590 sqm £2,100 sqm £2,620 sqm 908

    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 £1,730 sqm £2,170 sqm £2,800 sqm 209
    SR- Sunderland £1,030 sqm £1,510 sqm £2,080 sqm 2,771
    NE- Newcastle upon Tyne £1,580 sqm £2,190 sqm £2,820 sqm 12,838
    DL- Darlington £1,130 sqm £1,820 sqm £2,470 sqm 4,740
    DH- Durham £1,150 sqm £1,700 sqm £2,240 sqm 3,875
    CA- Carlisle £1,470 sqm £2,050 sqm £2,640 sqm 4,259

    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
    2, Mitford Gardens, £204,000
    Jun-2026
    		 88 2,318
    94, Bamborough Terrace, £317,500
    Jun-2026
    		 102 3,112
    27, Don View, £159,950
    Jun-2026
    		 75 2,132

    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.