Key indicators for buyers
The NE1 market looks favourable for buyers. Prices have softened (-56.2%), which could present a buying opportunity. Affordability has improved from a peak of 6.6x in 2007 to 5.7x today. Rising rents (£1,199/mo, +15.8%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Newcastle upon Tyne area
A home in Newcastle upon Tyne costs 5.7x the local median salary — moderate, improving from a peak of 6.6x in 2007.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Newcastle upon Tyne area
Average monthly rent in Newcastle upon Tyne is £1,199, up 15.8% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Newcastle upon Tyne price of £157,000 with a 25% deposit (£39k), a 2-year fixed mortgage at 3.97% costs around £620 per month.
Monthly cost comparison based on current data
Uses NE1 avg. price with Newcastle upon Tyne rental data
Monthly mortgage payments (£620) are £579 less than renting (£1,199). However, buying requires an upfront deposit of £39k — it would take around 3 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
40, CITYGATE, BATH LANE NE1 4DL | Flat/Maisonette | £157,000 | 16 Jan 2026 |
THE COURTYARD, STEPNEY BANK NE1 2NP | Other | £450,000 | 24 Dec 2025 |
5/23, 55 DEGREES NORTH, PILGRIM STREET NE1 6BF | Flat/Maisonette | £160,000 | 19 Dec 2025 |
CITY HOUSE, CITY ROAD NE1 2AF | Other | £180,000 | 19 Dec 2025 |
LOFT 52, THE TURNBULL, QUEENS LANE NE1 1NA | Flat/Maisonette | £235,000 | 18 Dec 2025 |
FLAT A, ALBION HOUSE, ST JAMES STREET NE1 4NF | Other | £4,000,000 | 16 Dec 2025 |
3, BREWERY STABLES, BLANDFORD SQUARE NE1 4HZ |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in NE1 sold for £157,000 in 2026, with a median of £157,000 across 1 transactions. Prices fell 56.2% compared to the previous year.
| Flat/Maisonette |
| £222,000 |
| 15 Dec 2025 |
APARTMENT 6, 25 - 29, CITY ROAD NE1 2AF | Flat/Maisonette | £192,000 | 12 Dec 2025 |
16, TAYLORS COURT, 1, MONK STREET NE1 5XD | Flat/Maisonette | £109,000 | 5 Dec 2025 |
6, CLARENDON HOUSE, CLAYTON STREET WEST NE1 5EE | Flat/Maisonette | £140,000 | 3 Dec 2025 |
77, GRAINGER STREET NE1 5JF | Other | £950,000 | 2 Dec 2025 |
68, LIME SQUARE, CITY ROAD NE1 2BN | Flat/Maisonette | £117,000 | 28 Nov 2025 |
7, MANOR CHARE APARTMENTS, MANOR CHARE NE1 2EQ | Flat/Maisonette | £120,000 | 27 Nov 2025 |
20, CLARENDON HOUSE, CLAYTON STREET WEST NE1 5EE | Flat/Maisonette | £58,000 | 25 Nov 2025 |
36, MANOR CHARE APARTMENTS, MANOR CHARE NE1 2EQ | Flat/Maisonette | £135,000 | 21 Nov 2025 |
16, THE MEWS NE1 4DA | Flat/Maisonette | £155,000 | 18 Nov 2025 |
105 - 107, WESTGATE ROAD NE1 4AG | Other | £594,550 | 17 Nov 2025 |
APARTMENT 8, HANOVER POINT, CLAVERING PLACE NE1 3AT | Flat/Maisonette | £400,000 | 14 Nov 2025 |
26, MANOR CHARE APARTMENTS, MANOR CHARE NE1 2EQ | Flat/Maisonette | £133,000 | 14 Nov 2025 |
APARTMENT 85, HANOVER MILL, HANOVER STREET NE1 3AB | Flat/Maisonette | £70,000 | 7 Nov 2025 |
The most recent recorded sale in NE1 was a flat/maisonette property on Bath Lane for £157,000 in January 2026. Across the last 20 sales, the median price was £160,000.