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 22 September 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.
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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 July 2026, 39, May Avenue, Newcastle upon Tyne, NE21 6SF sold for £127,000. Given the internal area of 59 square metres recorded on the EPC, the price per sqm is £127,000 ÷ 59 sqm = £2,152.
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. £2,308 to £2,479, £2,479 to £2,650, £2,650 to £2,821 etc...) we then count the number of sales with within in each bucket and plot the results. The histogram is based on 12,229 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.
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
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
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.
Price trends
House prices in 'NE' Newcastle upon Tyne grew 1.6% in the last year, -1.6% 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) – 1In 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% | -1.1% | 0.9% | -1.9% | 1.9% | -0.9% |
| 20 yr total | 38.3% | -20.6% | 18.6% | -31.9% | 46.7% | -15.8% |
| 10 yr per annum | 2.8% | -0.5% | 1.8% | -1.5% | 3.2% | -0.2% |
| 10 yr total | 32.3% | -5.2% | 19.7% | -14.2% | 36.7% | -2.0% |
| 5 yr per annum | 3.0% | -1.9% | 2.0% | -2.9% | 3.3% | -1.6% |
| 5 yr total | 15.8% | -9.2% | 10.3% | -13.5% | 17.4% | -7.9% |
| 1 yr per annum | 1.6% | -1.6% | 1.8% | -1.4% | 1.3% | -1.8% |
| 1 yr total | 1.6% | -1.6% | 1.8% | -1.4% | 1.3% | -1.8% |
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, Flats have seen a -1.9% annual change when adjusted for inflation. This translates to a total change of -31.9% in real terms.
- Over the past 5 years, Flats have seen a -2.9% annual change when adjusted for inflation. This translates to a total change of -13.5% 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.
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 | £1,870 sqm | £2,280 sqm | £2,720 sqm | 238 |
| NE10 Gateshead | £1,390 sqm | £1,720 sqm | £2,220 sqm | 762 |
| NE11 Gateshead | £1,590 sqm | £1,920 sqm | £2,390 sqm | 473 |
| NE12 Newcastle Upon Tyne | £1,880 sqm | £2,340 sqm | £2,900 sqm | 1,056 |
| NE13 Wideopen | £2,230 sqm | £2,690 sqm | £3,060 sqm | 931 |
| NE15 Newcastle Upon Tyne | £1,410 sqm | £1,880 sqm | £2,340 sqm | 940 |
| NE16 Whickham | £1,650 sqm | £2,230 sqm | £2,830 sqm | 761 |
| NE17 Chopwell | £680 sqm | £1,050 sqm | £1,870 sqm | 190 |
| NE18 Stamfordham | £2,200 sqm | £2,690 sqm | £3,260 sqm | 27 |
| NE19 Otterburn | £1,780 sqm | £2,320 sqm | £2,950 sqm | 53 |
| NE2 Newcastle Upon Tyne | £2,480 sqm | £3,010 sqm | £3,570 sqm | 630 |
| NE20 Ponteland | £2,990 sqm | £3,540 sqm | £4,040 sqm | 423 |
| NE21 Blaydon-On-Tyne | £1,460 sqm | £1,950 sqm | £2,340 sqm | 524 |
| NE22 Bedlington | £1,210 sqm | £1,810 sqm | £2,430 sqm | 675 |
| NE23 Cramlington | £1,720 sqm | £2,290 sqm | £2,810 sqm | 1,328 |
| NE24 Blyth | £1,130 sqm | £1,670 sqm | £2,270 sqm | 1,217 |
| NE25 Whitley Bay | £2,230 sqm | £2,890 sqm | £3,560 sqm | 900 |
| NE26 Whitley Bay | £2,490 sqm | £3,120 sqm | £3,810 sqm | 545 |
| NE27 Shiremoor | £1,910 sqm | £2,550 sqm | £3,010 sqm | 452 |
| NE28 Wallsend | £1,400 sqm | £1,900 sqm | £2,450 sqm | 1,339 |
| NE29 North Shields | £1,610 sqm | £2,150 sqm | £2,660 sqm | 1,089 |
| NE3 Newcastle Upon Tyne | £2,160 sqm | £2,710 sqm | £3,310 sqm | 1,467 |
| NE30 North Shields | £2,450 sqm | £3,110 sqm | £3,810 sqm | 711 |
| NE31 Hebburn | £1,400 sqm | £1,920 sqm | £2,520 sqm | 660 |
| NE32 Jarrow | £1,290 sqm | £1,640 sqm | £2,040 sqm | 476 |
| NE33 South Shields | £1,000 sqm | £1,400 sqm | £1,900 sqm | 854 |
| NE34 South Shields | £1,420 sqm | £1,870 sqm | £2,410 sqm | 1,033 |
| NE35 Boldon Colliery | £1,390 sqm | £1,930 sqm | £2,530 sqm | 164 |
| NE36 East Boldon | £1,970 sqm | £2,370 sqm | £2,960 sqm | 182 |
| NE37 Washington | £1,030 sqm | £1,480 sqm | £2,230 sqm | 529 |
| NE38 Washington | £1,400 sqm | £2,050 sqm | £2,580 sqm | 692 |
| NE39 High Spen | £1,530 sqm | £2,140 sqm | £2,590 sqm | 264 |
| NE4 Newcastle Upon Tyne | £1,220 sqm | £1,660 sqm | £2,110 sqm | 544 |
| NE40 Ryton | £1,650 sqm | £2,060 sqm | £2,650 sqm | 559 |
| NE41 Wylam | £2,670 sqm | £3,060 sqm | £3,400 sqm | 63 |
| NE42 Prudhoe | £1,490 sqm | £1,940 sqm | £2,470 sqm | 294 |
| NE43 Stocksfield | £2,150 sqm | £2,430 sqm | £3,130 sqm | 100 |
| NE44 Riding Mill | £2,630 sqm | £3,010 sqm | £4,050 sqm | 26 |
| NE45 Corbridge | £2,830 sqm | £3,560 sqm | £4,220 sqm | 120 |
| NE46 Hexham | £2,160 sqm | £2,650 sqm | £3,180 sqm | 451 |
| NE47 Haydon Bridge | £2,060 sqm | £2,550 sqm | £3,070 sqm | 171 |
| NE48 Bellingham | £1,670 sqm | £2,220 sqm | £3,040 sqm | 113 |
| NE49 Haltwhistle | £1,420 sqm | £1,730 sqm | £2,230 sqm | 116 |
| NE5 Newcastle Upon Tyne | £1,590 sqm | £2,100 sqm | £2,560 sqm | 1,420 |
| NE6 Newcastle Upon Tyne | £1,630 sqm | £2,180 sqm | £2,650 sqm | 1,159 |
| NE61 Morpeth | £1,980 sqm | £2,600 sqm | £3,160 sqm | 1,250 |
| NE62 Choppington | £1,300 sqm | £1,650 sqm | £2,180 sqm | 317 |
| NE63 Ashington | £840 sqm | £1,350 sqm | £2,070 sqm | 1,085 |
| NE64 Newbiggin-By-The-Sea | £1,050 sqm | £1,460 sqm | £1,870 sqm | 202 |
| NE65 Amble | £2,020 sqm | £2,640 sqm | £3,190 sqm | 843 |
| NE66 Alnwick | £2,110 sqm | £2,680 sqm | £3,200 sqm | 613 |
| NE67 Beadnell | £2,850 sqm | £3,570 sqm | £4,220 sqm | 73 |
| NE68 Seahouses | £2,390 sqm | £3,040 sqm | £3,720 sqm | 93 |
| NE69 Bamburgh | £4,440 sqm | £5,400 sqm | £5,910 sqm | 20 |
| NE7 Newcastle Upon Tyne | £2,220 sqm | £2,630 sqm | £3,080 sqm | 414 |
| NE70 Belford | £2,030 sqm | £2,350 sqm | £2,620 sqm | 57 |
| NE71 Wooler | £1,910 sqm | £2,280 sqm | £2,700 sqm | 86 |
| NE8 Gateshead | £1,220 sqm | £1,600 sqm | £2,090 sqm | 964 |
| NE9 Gateshead | £1,590 sqm | £2,110 sqm | £2,630 sqm | 874 |
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 | £1,770 sqm | £2,180 sqm | £2,780 sqm | 183 |
| SR- Sunderland | £1,040 sqm | £1,530 sqm | £2,110 sqm | 2,662 |
| NE- Newcastle upon Tyne | £1,580 sqm | £2,190 sqm | £2,820 sqm | 12,229 |
| DL- Darlington | £1,150 sqm | £1,830 sqm | £2,470 sqm | 4,489 |
| DH- Durham | £1,180 sqm | £1,730 sqm | £2,270 sqm | 3,691 |
| CA- Carlisle | £1,490 sqm | £2,060 sqm | £2,650 sqm | 4,004 |
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 |
|---|---|---|---|
| 39, May Avenue, | £127,000
Jul-2026
|
59 | 2,152 |
| 12, Halleypike Close, | £270,000
Jul-2026
|
114 | 2,368 |
| 187, Gloster Park, | £345,000
Jul-2026
|
142 | 2,429 |
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.