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Property Price Trends
The Paddock, Newcastle Upon Tyne, Tyne And Wear
NE15 8JG Newcastle upon Tyne District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the NE15 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
NE15

Most Expensive Property
£860,000
Hillhead Hillhead Cottage NE15 0EZ
Sold: 20 August 2021

Cheapest Property
£55,000
26 Hawthorn Close, NE15 6AG
Sold: 28 February 2024

£207,000
The average house price in Newcastle upon Tyne was £207,000 in November 2024 (provisional), up 8.8% from November 2023. This was higher than the rise in the North East (5.9%) over the same period.
£1,022
Private rents rose to an average of £1,022 in December 2024, an annual increase of 5.9% from £966 in December 2023. This was lower than the rise in the North East (8.9%) over the year.
£181,000
The average price paid by first-time buyers was £181,000 in November 2024 (provisional). This was 9.2% higher than the average of £165,000 in November 2023 (revised).
£215,000
For homes bought with a mortgage, the average house price was £215,000 in November 2024 (provisional). This was 9.2% higher than the average of £197,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Newcastle upon Tyne, E08000021). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in NE15 8JG?
The graph below shows the five-year capital growth figures for properties for the NE15 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in NE15 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Tyne and Wear?
For Homebuyers:
For homebuyers in Tyne and Wear, the property market is currently showing an upward trend in house prices. According to the latest data, the average house price in Tyne and Wear is £190,000, a 5% increase compared to the previous year. Popular areas for homebuyers include Newcastle upon Tyne (NE1, NE2, NE3), Sunderland (SR1, SR2, SR3), and Gateshead (NE8, NE9, NE10). The availability of housing stock is moderate, with a good range of properties to choose from. However, competition can be fierce in certain areas, so it's important for homebuyers to act quickly. Overall, Tyne and Wear offers a diverse range of properties to suit different budgets and preferences, making it an attractive market for homebuyers.
For Renters:
For renters in Tyne and Wear, the rental market offers a mix of affordability and choice. The average rent price in Tyne and Wear is £700 per month for a one-bedroom property, and £900 for a two-bedroom property. Popular rental areas include South Shields (NE33, NE34), Washington (NE37, NE38), and Whitley Bay (NE25, NE26). Rental properties are relatively easy to find, with a good supply of rental stock available. However, competition can be high in certain areas, so renters are advised to act quickly when they find a suitable property. Overall, Tyne and Wear offers a range of rental properties to suit different budgets and preferences, making it a popular choice for renters.
For Investors:
For investors in Tyne and Wear, the property market offers potential for good returns. With house prices on the rise, investors can benefit from capital growth in the long term. Rental yields in Tyne and Wear are also attractive, with an average yield of 5% for buy-to-let properties. Popular areas for investment include Newcastle upon Tyne (NE4, NE5), Sunderland (SR4, SR5), and Gateshead (NE11, NE21). The availability of investment properties is good, with a range of buy-to-let opportunities available. Overall, Tyne and Wear offers a promising market for investors looking to generate rental income and capital growth.
For Homebuyers:
For homebuyers in Tyne and Wear, the property market is currently showing an upward trend in house prices. According to the latest data, the average house price in Tyne and Wear is £190,000, a 5% increase compared to the previous year. Popular areas for homebuyers include Newcastle upon Tyne (NE1, NE2, NE3), Sunderland (SR1, SR2, SR3), and Gateshead (NE8, NE9, NE10). The availability of housing stock is moderate, with a good range of properties to choose from. However, competition can be fierce in certain areas, so it's important for homebuyers to act quickly. Overall, Tyne and Wear offers a diverse range of properties to suit different budgets and preferences, making it an attractive market for homebuyers.


For Renters:
For renters in Tyne and Wear, the rental market offers a mix of affordability and choice. The average rent price in Tyne and Wear is £700 per month for a one-bedroom property, and £900 for a two-bedroom property. Popular rental areas include South Shields (NE33, NE34), Washington (NE37, NE38), and Whitley Bay (NE25, NE26). Rental properties are relatively easy to find, with a good supply of rental stock available. However, competition can be high in certain areas, so renters are advised to act quickly when they find a suitable property. Overall, Tyne and Wear offers a range of rental properties to suit different budgets and preferences, making it a popular choice for renters.
For Investors:
For investors in Tyne and Wear, the property market offers potential for good returns. With house prices on the rise, investors can benefit from capital growth in the long term. Rental yields in Tyne and Wear are also attractive, with an average yield of 5% for buy-to-let properties. Popular areas for investment include Newcastle upon Tyne (NE4, NE5), Sunderland (SR4, SR5), and Gateshead (NE11, NE21). The availability of investment properties is good, with a range of buy-to-let opportunities available. Overall, Tyne and Wear offers a promising market for investors looking to generate rental income and capital growth.

Last updated on 31 Mar 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for NE15 8JG
Estimated yield for property investors
7.53%
Yield
The estimated yield for the NE15 8JG postcode area is 7.53%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in NE15 8JG?
The recently sold properties table lists homes around NE15 8JG that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
Date | Price | Property Address | Property Type | Estate Type |
---|---|---|---|---|
17 November 2023 | £100,000 | 17 Gladstone Street, Lemington, Newcastle Upon Tyne, NE15 8DJ | Terraced | Freehold |
25 August 2023 | £110,000 | 18 Hareside Walk, Newcastle Upon Tyne, NE15 8HN | Terraced | Freehold |
25 August 2023 | £115,000 | 18 Hareside Walk, Newcastle Upon Tyne, NE15 8HN | Terraced | Freehold |
04 November 2022 | £152,000 | 13 Dene Terrace, Walbottle, Newcastle Upon Tyne, NE15 8HX | Terraced | Freehold |
01 December 2023 | £175,000 | 11 Dene Terrace, Walbottle, Newcastle Upon Tyne, NE15 8HX | Terraced | Freehold |
22 February 2024 | £195,000 | 3 Appletree Court, Walbottle, Newcastle Upon Tyne, NE15 8LD | Terraced | Freehold |
26 February 2024 | £126,100 | 7 Manor Avenue, Newburn, Newcastle Upon Tyne, NE15 8PX | Terraced | Freehold |
23 October 2023 | £125,000 | 10 Aldeburgh Avenue, Newcastle Upon Tyne, NE15 8TA | Terraced | Leasehold |
08 November 2023 | £150,000 | 12 Nile Close, Newcastle Upon Tyne, NE15 8TJ | Semi-Detached | Freehold |
20 October 2023 | £87,400 | 27 Hamsterley Crescent, Newcastle Upon Tyne, NE15 8UQ | Flat/Maisonette | Leasehold |
Nearby sold properties | ||||
27 October 2023 | £210,000 | 5 Mithras Gardens, Heddon On The Wall, Newcastle Upon Tyne, NE15 0BN | Semi-Detached | Freehold |
20 August 2021 | £860,000 | Hillhead Hillhead Cottage Heddon On The Wall, Newcastle Upon Tyne, NE15 0EZ | Semi-Detached | Freehold |
17 November 2023 | £833,000 | Iron Sign Farm Two Hoots Heddon On The Wall, Newcastle Upon Tyne, NE15 0JB | Other | Freehold |
01 December 2023 | £100,000 | Four Walls Lead Lane, Horsley, Newcastle Upon Tyne, NE15 0NP | Other | Freehold |
08 November 2023 | £565,000 | Bermar Horsley, Newcastle Upon Tyne, NE15 0NS | Detached | Freehold |
28 February 2024 | £55,000 | 26 Hawthorn Close, Benwell Village, Newcastle Upon Tyne, NE15 6AG | Flat/Maisonette | Leasehold |
29 February 2024 | £133,000 | 32 Featherwood Avenue, Newcastle Upon Tyne, NE15 6AZ | Flat/Maisonette | Leasehold |
14 November 2022 | £203,800 | 72 Featherwood Avenue, Newcastle Upon Tyne, NE15 6AZ | Semi-Detached | Leasehold |
23 September 2022 | £167,995 | 60 Chesterholm Avenue, Newcastle Upon Tyne, NE15 6DG | Semi-Detached | Freehold |
02 November 2022 | £206,995 | 19 Willowford Place, Newcastle Upon Tyne, NE15 6DZ | Semi-Detached | Freehold |
18 January 2023 | £160,995 | 29 Willowford Place, Newcastle Upon Tyne, NE15 6DZ | Terraced | Freehold |
31 January 2023 | £172,995 | 11 Willowford Place, Newcastle Upon Tyne, NE15 6DZ | Semi-Detached | Freehold |
30 January 2023 | £172,995 | 15 Willowford Place, Newcastle Upon Tyne, NE15 6DZ | Semi-Detached | Freehold |
02 February 2023 | £274,995 | 7 Willowford Place, Newcastle Upon Tyne, NE15 6DZ | Detached | Freehold |
09 February 2023 | £274,995 | 9 Willowford Place, Newcastle Upon Tyne, NE15 6DZ | Detached | Freehold |
06 March 2023 | £164,995 | 41 Willowford Place, Newcastle Upon Tyne, NE15 6DZ | Terraced | Freehold |
28 February 2023 | £163,995 | 39 Willowford Place, Newcastle Upon Tyne, NE15 6DZ | Terraced | Freehold |
14 March 2023 | £275,995 | 43 Willowford Place, Newcastle Upon Tyne, NE15 6DZ | Detached | Freehold |
25 November 2022 | £204,995 | 31 Castlesteads Way, Newcastle Upon Tyne, NE15 6EF | Semi-Detached | Freehold |
27 January 2023 | £229,995 | 19 Castlesteads Way, Newcastle Upon Tyne, NE15 6EF | Detached | Freehold |
22 March 2023 | £219,995 | 65 Whitehouse Road, Newcastle Upon Tyne, NE15 6EQ | Detached | Freehold |
16 December 2021 | £60,000 | 35 Benwell Village Mews, Benwell, Newcastle Upon Tyne, NE15 6LF | Flat/Maisonette | Leasehold |
12 August 2021 | £76,250 | 67 Denhill Park, Newcastle Upon Tyne, NE15 6QE | Semi-Detached | Freehold |
06 March 2024 | £95,000 | 7 Westholme Gardens, Newcastle Upon Tyne, NE15 6QJ | Flat/Maisonette | Freehold |
11 December 2023 | £135,000 | 35 Westholme Gardens, Newcastle Upon Tyne, NE15 6QJ | Semi-Detached | Freehold |
18 December 2023 | £75,000 | 32 Oakfield Gardens, Newcastle Upon Tyne, NE15 6QU | Semi-Detached | Freehold |
08 March 2024 | £125,000 | 59 Bishops Road, Newcastle Upon Tyne, NE15 6RY | Terraced | Freehold |
30 November 2023 | £205,000 | 41 Countess Drive, Newcastle Upon Tyne, NE15 7AD | Terraced | Freehold |
01 March 2024 | £145,000 | 6 Old School Drive, Newcastle Upon Tyne, NE15 7AF | Terraced | Leasehold |
07 February 2024 | £125,500 | 19 Ormonde Avenue, Newcastle Upon Tyne, NE15 7AH | Semi-Detached | Freehold |
30 November 2023 | £155,000 | 55 Thorntree Drive, Newcastle Upon Tyne, NE15 7AS | Terraced | Freehold |
28 November 2023 | £110,000 | 32 Baroness Drive, Newcastle Upon Tyne, NE15 7AT | Semi-Detached | Freehold |
08 December 2023 | £205,000 | 26 Kelso Gardens, Newcastle Upon Tyne, NE15 7DB | Semi-Detached | Freehold |
27 November 2023 | £162,500 | 9 Bexley Avenue, Newcastle Upon Tyne, NE15 7DD | Semi-Detached | Freehold |
17 November 2023 | £75,000 | 74 Tantobie Road, Newcastle Upon Tyne, NE15 7DQ | Other | Leasehold |
09 June 2023 | £160,000 | 311 Denton Road, Newcastle Upon Tyne, NE15 7HJ | Semi-Detached | Freehold |
23 February 2024 | £93,000 | 7 Greenside Crescent, Newcastle Upon Tyne, NE15 7HR | Flat/Maisonette | Leasehold |
30 August 2023 | £150,000 | 27 The Ramparts, Newcastle Upon Tyne, NE15 7QY | Semi-Detached | Freehold |
15 March 2024 | £149,000 | 13 Melrose Close, West Denton, Newcastle Upon Tyne, NE15 7SU | Terraced | Leasehold |
29 November 2023 | £150,000 | 10 Buteland Road, Newcastle Upon Tyne, NE15 7UL | Semi-Detached | Freehold |
23 February 2024 | £205,000 | 4 Orchard Leigh, Newcastle Upon Tyne, NE15 7XH | Semi-Detached | Leasehold |
16 February 2024 | £120,000 | 10 Elmfield Road, Throckley, Newcastle Upon Tyne, NE15 9BQ | Semi-Detached | Freehold |
27 March 2020 | £205,950 | 27 Rudchester Close, Newcastle Upon Tyne, NE15 9BW | Semi-Detached | Freehold |
03 November 2023 | £260,000 | 21 Meadow Hill, Newcastle Upon Tyne, NE15 9BZ | Detached | Freehold |
27 January 2022 | £399,995 | 2 Falcon Road, Newcastle Upon Tyne, NE15 9DH | Detached | Freehold |
28 July 2022 | £222,995 | 49 Osprey Avenue, Newcastle Upon Tyne, NE15 9DN | Semi-Detached | Freehold |
14 July 2023 | £250,000 | Rosewood Cottages 2 Hexham Road, Throckley, Newcastle Upon Tyne, NE15 9DX | Semi-Detached | Freehold |
18 May 2022 | £353,995 | 8 Wren Street, Newcastle Upon Tyne, NE15 9FA | Detached | Freehold |
14 June 2022 | £296,995 | 4 Wren Street, Newcastle Upon Tyne, NE15 9FA | Detached | Freehold |
07 July 2022 | £187,995 | 14 Wren Street, Newcastle Upon Tyne, NE15 9FA | Terraced | Freehold |
22 July 2022 | £219,995 | 22 Wren Street, Newcastle Upon Tyne, NE15 9FA | Semi-Detached | Freehold |
29 July 2022 | £224,995 | 24 Wren Street, Newcastle Upon Tyne, NE15 9FA | Semi-Detached | Freehold |
29 July 2022 | £179,995 | 16 Wren Street, Newcastle Upon Tyne, NE15 9FA | Terraced | Freehold |
29 July 2022 | £186,100 | 28 Wren Street, Newcastle Upon Tyne, NE15 9FA | Semi-Detached | Freehold |
08 July 2022 | £296,995 | 6 Wren Street, Newcastle Upon Tyne, NE15 9FA | Detached | Freehold |
26 August 2022 | £191,995 | 12 Wren Street, Newcastle Upon Tyne, NE15 9FA | Semi-Detached | Freehold |
30 August 2022 | £304,995 | 15 Wren Street, Newcastle Upon Tyne, NE15 9FA | Detached | Freehold |
26 August 2022 | £225,995 | 3 Wren Street, Newcastle Upon Tyne, NE15 9FA | Semi-Detached | Freehold |
26 August 2022 | £294,995 | 30 Wren Street, Newcastle Upon Tyne, NE15 9FA | Detached | Freehold |
26 August 2022 | £186,100 | 26 Wren Street, Newcastle Upon Tyne, NE15 9FA | Semi-Detached | Freehold |
30 June 2022 | £274,995 | 1 Dove Close, Newcastle Upon Tyne, NE15 9FB | Detached | Freehold |
25 July 2022 | £294,995 | 3 Dove Close, Newcastle Upon Tyne, NE15 9FB | Detached | Freehold |
28 July 2022 | £294,995 | 5 Dove Close, Newcastle Upon Tyne, NE15 9FB | Detached | Freehold |
30 June 2022 | £409,995 | 10 Goldcrest Road, Newcastle Upon Tyne, NE15 9FD | Detached | Freehold |
30 June 2022 | £360,995 | 8 Goldcrest Road, Newcastle Upon Tyne, NE15 9FD | Detached | Freehold |
29 July 2022 | £426,995 | 11 Goldcrest Road, Newcastle Upon Tyne, NE15 9FD | Detached | Freehold |
01 August 2022 | £369,995 | 12 Goldcrest Road, Newcastle Upon Tyne, NE15 9FD | Detached | Freehold |
25 July 2022 | £344,995 | 14 Goldcrest Road, Newcastle Upon Tyne, NE15 9FD | Detached | Freehold |
11 August 2022 | £424,995 | 4 Goldcrest Road, Newcastle Upon Tyne, NE15 9FD | Detached | Freehold |
09 September 2022 | £448,995 | 19 Goldcrest Road, Newcastle Upon Tyne, NE15 9FD | Detached | Freehold |
31 August 2022 | £409,995 | 15 Goldcrest Road, Newcastle Upon Tyne, NE15 9FD | Detached | Freehold |
25 November 2022 | £339,950 | 8 Cedar Place, Newcastle Upon Tyne, NE15 9FP | Detached | Freehold |
23 March 2023 | £270,950 | 27 Juniper Lane, Newcastle Upon Tyne, NE15 9FQ | Detached | Freehold |
27 January 2023 | £299,950 | 1 Tulip Place, Newcastle Upon Tyne, NE15 9FR | Detached | Freehold |
30 January 2023 | £379,950 | 5 Tulip Place, Newcastle Upon Tyne, NE15 9FR | Detached | Freehold |
07 March 2023 | £218,452 | 2 Tulip Place, Newcastle Upon Tyne, NE15 9FR | Semi-Detached | Freehold |
09 March 2023 | £218,452 | 3 Tulip Place, Newcastle Upon Tyne, NE15 9FR | Semi-Detached | Freehold |
31 March 2023 | £213,746 | 6 Larch Avenue, Newcastle Upon Tyne, NE15 9FU | Semi-Detached | Freehold |
08 December 2023 | £155,000 | 42 Vallum Place, Throckley, Newcastle Upon Tyne, NE15 9LW | Semi-Detached | Freehold |
28 February 2024 | £135,000 | 14 The Willows, Throckley, Newcastle Upon Tyne, NE15 9PN | Semi-Detached | Freehold |
Please note that house prices for properties sold in and around NE15 8JG during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated