Key indicators for buyers
The NE7 market is moderately favourable for buyers. Prices are rising at 9.3%, which may favour acting sooner rather than later. 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 £279,125 with a 25% deposit (£70k), a 2-year fixed mortgage at 3.97% costs around £1,102 per month.
Monthly cost comparison based on current data
Uses NE7 avg. price with Newcastle upon Tyne rental data
Monthly mortgage payments (£1,102) are £97 less than renting (£1,199). However, buying requires an upfront deposit of £70k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
51, THROPTON TERRACE NE7 7HU | Terraced | £180,000 | 23 Jan 2026 |
4, CAWBURN CLOSE NE7 7GL | Semi-detached | £295,000 | 23 Jan 2026 |
172, HOLYSTONE CRESCENT NE7 7HA | Terraced | £228,000 | 21 Jan 2026 |
21, PATTERDALE GARDENS NE7 7QX | Semi-detached | £315,000 | 19 Jan 2026 |
1, MUIRFIELD ROAD NE7 7XU | Semi-detached | £280,000 | 16 Jan 2026 |
42, SLINGSBY GARDENS NE7 7RX | Semi-detached | £285,000 | 16 Jan 2026 |
67, CLEVELAND GARDENS NE7 7QH | Semi-detached |
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 NE7 sold for £279,125 in 2026, with a median of £282,500 across 8 transactions. Prices rose 9.3% compared to the previous year.
| £400,000 |
| 9 Jan 2026 |
66, NEWTON ROAD NE7 7HJ | Terraced | £250,000 | 9 Jan 2026 |
27, THE DRIVE, LONGBENTON NE7 7SY | Semi-detached | £325,000 | 17 Dec 2025 |
41, DERWENTDALE GARDENS NE7 7QN | Terraced | £306,500 | 16 Dec 2025 |
12, SHREWSBURY CLOSE NE7 7YS | Detached | £436,000 | 12 Dec 2025 |
12, SHREWSBURY CLOSE NE7 7YS | Detached | £436,000 | 12 Dec 2025 |
43, PATTERDALE GARDENS NE7 7QX | Semi-detached | £335,000 | 12 Dec 2025 |
7, MERIDIAN WAY NE7 7RU | Terraced | £352,000 | 12 Dec 2025 |
184, NEWTON ROAD NE7 7HQ | Semi-detached | £320,000 | 10 Dec 2025 |
2, TEESDALE GARDENS NE7 7RB | Semi-detached | £356,800 | 10 Dec 2025 |
40, STOKESLEY GROVE NE7 7AU | Terraced | £390,000 | 8 Dec 2025 |
15, RUSKIN DRIVE NE7 7FL | Detached | £320,000 | 5 Dec 2025 |
21, GOSWICK AVENUE NE7 7ER | Terraced | £205,000 | 4 Dec 2025 |
2, SHERFIELD DRIVE NE7 7LN | Terraced | £387,500 | 26 Nov 2025 |
The most recent recorded sale in NE7 was a terraced property on Thropton Terrace for £180,000 in January 2026. Across the last 20 sales, the median price was £320,000.