Buying a home in NE5, Newcastle Upon Tyne. What it costs, what you get and where else to look.

Typical 3-bedroom house£183kmost £149k–£225k
Houses per m²£2,478flats £1,473
Sold last year3862,467 in five years
Prices in Newcastle upon Tyne+4.1%on a year ago

A typical 3-bedroom house in NE5 sold for £182,788 over the last five years, in today's money; most went for between £148,516 and £225,158, for about 87 m² of space. That is 22% less than the same home across Newcastle Upon Tyne (£233,000).

386 homes sold here in the last year: one of the busier markets in England and Wales, so there is usually plenty to choose from. Flats start at around £49k for one bedroom. Within the district, houses cost the least per m² in NE5 2 (£2,048) and the most in NE5 1 (£3,044).

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 £1,194 a month; a 90% mortgage on the typical price would be around £834 a month at 4.5% over 30 years. Lenders would typically want a household income of about £37,000 for that mortgage: what £40,000 buys.

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House prices in NE5 by bedrooms

BedroomsTypical priceMost sell forSizeSold, 5 years
1£120,835£111k–£156k51 m²8
2£163,561£133k–£201k68 m²773
3£182,788£149k–£225k87 m²1,173
4£240,781£203k–£294k105 m²184
5+£334,761£266k–£409k132 m²89

Prices by type of home

1 bed2 bed3 bed4 bed5+ bed
Houses£121k£164k£183k£241k£335k
Detached—£271k£272k£331k£387k
Semi-detached—£182k£190k£233k£268k
Terraced£121k£141k£164k£218k£228k
Flats£49k£93k£97k£97k—

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

Price per m² across NE5

Postcode sectorHousesFlats
NE5 1£3,044£2,191
NE5 2£2,048£1,473
NE5 3£2,087£1,313
NE5 4£2,284£1,169
NE5 5£2,269£1,359

Schools near NE5

Best state primary within 2 kmKnop Law Primary School83% met the expected standard at 11 · England 64%19 state primaries within 2 km
Best state secondary within 5 kmGosforth Academy63.4% got grade 5+ in English and maths · England 43.8%17 state secondaries within 5 km

Nearby areas

More space for the money: a 3-bed house in NE4 is about 101 m² for £191k.

Questions about NE5

Is NE5 a good area to buy a home?

What the numbers say: a 3-bedroom house costs 22% less than across Newcastle Upon Tyne; prices in Newcastle upon Tyne are up 4.1% on a year ago; the best state primary nearby is above the England average (83% against 64%); the best secondary is above it (63.4% against 43.8%); 386 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 3-bedroom house in NE5?

A typical 3-bedroom house in NE5 sold for £182,788 over the last five years, in today's money. Most sold between £148,516 and £225,158.

Is NE5 expensive for Newcastle Upon Tyne?

A 3-bedroom house in NE5 costs 22% less than the typical 3-bedroom house across Newcastle Upon Tyne (£233,000).

How many homes sell in NE5 each year?

386 homes sold in the last year and 2,467 in five years: one of the busier markets in England and Wales, so there is usually plenty to choose from.

What are the schools like near NE5?

The best-performing state primary within 2 km is Knop Law Primary School, where 83% 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.