NEWCASTLE UPON TYNE
NE2 House Prices & Property Market
Sold-price evidence and a 9-signal market rating for the NE2 postcode district, built from HM Land Registry, Bank of England, RICS, ONS and planning data. Index last computed Aug 2026.
43.72
Index / 100
Balanced
The NE2 market is broadly balanced. Neither buyers nor sellers hold a significant advantage. Conditions are relatively stable, though mortgage affordability is showing mild signs of warming.
Median sold price
£285,000
-17.4% year on year
Sales last month
7
HM Land Registry
NE2 sold price trend
| Month | Median price | Sales | YoY |
|---|---|---|---|
| Jul 2025 | £225,000 | 35 | — |
| Aug 2025 | £252,500 | 2 | — |
| Sept 2025 | £205,500 | 2 | — |
| Oct 2025 | £320,000 | 23 | — |
| Nov 2025 | £165,000 | 3 | — |
| Dec 2025 | £163,500 | 4 | — |
| Jan 2026 | £390,000 | 3 | +45.5% |
| Feb 2026 | £230,000 | 10 | -32.1% |
| Mar 2026 | £223,550 | 4 | -27.9% |
| Apr 2026 | £218,500 | 5 | -0.6% |
| May 2026 | £320,000 | 9 | +55.3% |
| Jun 2026 | £285,000 | 7 | -17.4% |
Source: HM Land Registry Price Paid Data. Months with few transactions can swing sharply.
What's driving the NE2 rating
Each signal scored 0–100 against 10 years of history. Full methodology.
Go deeper on NE2
See street-level sold prices, an evidence-backed valuation range for your property, comparables and EPC £/sqft. Free to start.
NE2 property market FAQs
What is the average house price in NE2?
The median sold price in NE2 is £285,000, based on HM Land Registry transactions, -17.4% year on year.
Is NE2 a buyer's or seller's market right now?
NE2 currently scores 43.72/100 on our 9-signal market index, placing it in the "Balanced" band. The NE2 market is broadly balanced. Neither buyers nor sellers hold a significant advantage. Conditions are relatively stable, though mortgage affordability is showing mild signs of warming.
How long do homes take to sell in NE2?
We don't currently have days-on-market data for NE2.
Where does this data come from?
Sold prices come from HM Land Registry Price Paid Data. The market index combines 9 signals including price momentum, supply and demand, sales velocity, RICS surveyor sentiment, rental yield, planning pipeline and local employment. See our methodology page for full details.
Nearby postcode districts
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Figures are indicative market statistics, not a formal valuation. Methodology.