FYI, the majority of homes in Newcastle are now selling for between
£1,430 and £2,030 per square metre
(£132 and £188 per square foot)
- see more in this in-depth analysis of the Newcastle ST5 1 housing market.
This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, I exclude them from area statistics.