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NE Postcode Area - NE1, NE2, NE3, NE4, NE5, NE6, NE7, NE8, NE9 Property Market 2017

This Post covers 

 

Coverage Area of Postcode NE1 to NE9

Postcode                 Coverage Area          Local Authority Area
NE1 City Centre Newcastle Upon Tyne
NE2 Jesmond, Spital Tongues Newcastle Upon Tyne
NE3 Gosforth, Fawdon, Kingston Park, Great Park (East) Newcastle Upon Tyne
NE4 Fenham, Westgate, Wingrove Newcastle Upon Tyne
NE5 Westerhope, Newcastle West Newcastle Upon Tyne
NE6 Walker, Byker, Heaton Newcastle Upon Tyne
NE7 High Heaton, Benton Newcastle Upon Tyne
NE8 Gateshead, Bensham Gateshead
NE9 Low Fell, Springwell Gateshead, Sunderland

 

  • M represents Million Pounds
  • Total value includes Property Type Other apart from Detached, Semi-Detached, Terraced, Flat/Masionette

 

Postcode Detached Semi-Detached Terraced Flat
NE1 £157K £248K £660K £161K
NE2 £1103K £392K £356K £182K
NE3 £399K £258K £240K £156K
NE4 £189K £172K £135K £96K
NE5 £216K £137K £116K £77K
NE6 £171K £146K £144K £103K
NE7 £294K £210K £192K £118K
NE8 £219K £128K £143K £96K
NE9 £275K £184K £141K £106K

 

Postcode Detached Semi-Detached Terraced Flat
NE1 £153K £210K £120K £155K
NE2 £1225K £350K £331K £169K
NE3 £345K £200K £225K £139K
NE4 £169K £147K £115K £78K
NE5 £210K £135K £110K £74K
NE6 £174K £136K £132K £108K
NE7 £280K £207K £180K £116K
NE8 £221K £120K £144K £87K
NE9 £240K £172K £123K £93K

 

Postcode Detached SemiDetached Terraced Flat
NE1 £5K £53K £764K £65K
NE2 £313K £169K £145K £77K
NE3 £250K £195K £129K £94K
NE4 £70K £91K £60K £72K
NE5 £49K £40K £40K £23K
NE6 £26K £61K £73K £39K
NE7 £70K £69K £67K £16K
NE8 £44K £41K £60K £42K
NE9 £111K £76K £73K £52K
For example
  • Say the average detached property price for postcode XYZ is £300 K and ST. DEV. is £30 K.
  • It means that most detached properties in postcode XYZ (about 68%) has price within one ST. Dev. i.e. the price range is  £270K - £330K.
  • All-most all detached property price (95%) in postcode XYZ lie between two ST. Dev.  i.e. £240 K - £360 K

 

Postcode Detached Semi-Detached Terraced Flat
NE1 2 2 2 137
NE2 9 33 88 224
NE3 97 280 284 176
NE4 15 71 114 55
NE5 67 238 224 66
NE6 34 115 251 252
NE7 27 72 99 49
NE8 11 45 155 237
NE9 40 188 142 95

 

The Table below gives in percentage, the total number of properties purchased as Buy-To-Let:
Postcode Detached Semi-Detached Terraced Flat
NE1 0% 50% 100% 15%
NE2 0% 9% 11% 15%
NE3 4% 7% 8% 8%
NE4 7% 8% 16% 42%
NE5 9% 6% 11% 11%
NE6 0% 6% 12% 22%
NE7 7% 3% 5% 16%
NE8 0% 16% 12% 23%
NE9 0% 5% 10% 4%
*Buy-to-let consists of Buy-to-lets (where they can be identified by a Mortgage) ,transfers to non-private individuals,  transfers under a power of sale/repossessions

 

 


Schools for Postcode Area NE


Property Posts for Postcode Area NE