Buying a home in NE1, Newcastle Upon Tyne. What it costs, what you get and where else to look.

Typical 2-bedroom flat£165kmost £144k–£198k

Houses per m²£3,316flats £2,999

Sold last year47360 in five years

Prices in Newcastle upon Tyne+4.1%on a year ago

A typical 2-bedroom flat in NE1 sold for £165,170 over the last five years, in today's money; most went for between £143,901 and £197,776, for about 66 m² of space.

47 homes sold here in the last year: a smaller market: expect a handful of new listings a month. Flats start at around £123k for one bedroom.

Across Newcastle upon Tyne, prices are up 4.1% on a year ago and up 23.3% over five years. Renting a similar home there costs about £1,007 a month; a 90% mortgage on the typical price would be around £753 a month at 4.5% over 30 years. Lenders would typically want a household income of about £33,000 for that mortgage: what £35,000 buys.

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Prices by type of home

	1 bed	2 bed	3 bed	4 bed	5+ bed
Flats	£123k	£165k	£289k	£316k	—

Typical sale price over the last five years, adjusted to today's prices with the UK House Price Index.

Price per m² across NE1

Postcode sector	Houses	Flats
NE1 1	—	£3,325
NE1 2	—	£3,350
NE1 3	—	£2,760
NE1 4	£3,558	£2,954
NE1 5	—	£2,396
NE1 6	—	£2,461
NE1 8	—	£3,118

Schools near NE1

Best state primary within 2 kmWest Jesmond Primary School84% met the expected standard at 11 · England 64%12 state primaries within 2 km

Best state secondary within 5 kmGosforth Academy63.4% got grade 5+ in English and maths · England 43.8%19 state secondaries within 5 km

Nearby areas

NE2 Newcastle Upon Tyne · 2 km3-bed house £415k NE8 Gateshead · 2 km3-bed house £168k NE4 Newcastle Upon Tyne · 2 km3-bed house £191k NE6 Newcastle Upon Tyne · 3 km3-bed house £224k NE7 Newcastle Upon Tyne · 4 km3-bed house £289k NE11 Gateshead · 4 km3-bed house £179k NE3 Newcastle Upon Tyne · 4 km3-bed house £284k NE10 Gateshead · 5 km3-bed house £164k

Questions about NE1

Is NE1 a good area to buy a home?

What the numbers say: prices in Newcastle upon Tyne are up 4.1% on a year ago; the best state primary nearby is above the England average (84% against 64%); the best secondary is above it (63.4% against 43.8%); 47 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.

How much is a 2-bedroom flat in NE1?

A typical 2-bedroom flat in NE1 sold for £165,170 over the last five years, in today's money. Most sold between £143,901 and £197,776.

How many homes sell in NE1 each year?

47 homes sold in the last year and 360 in five years: a smaller market: expect a handful of new listings a month.

What are the schools like near NE1?

The best-performing state primary within 2 km is West Jesmond Primary School, where 84% of pupils met the expected standard at age 11 (England: 64%).

Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.