Property: The cheapest postcodes to buy property in and around Newcastle according to Government data

There is a huge range in prices across the region.

By Jason Button

Published 30th Apr 2024, 16:05 BST

Data from HM Land Registry has revealed the most expensive postcodes to buy a house across Newcastle.

With young people and other potential first time buyers struggling to get onto the housing market, these are the cheapest postcodes to buy a house in across the city.

Sign up to NewcastleWorld’s newsletters to receive headline round-ups and breaking news alerts

All information is from the House Postcode report from Online Marketing Surgery. and uses data from HM Land Registry from January 2023 until January 2024.

These are the cheapest areas to buy property around Newcastle.

1. These are the cheapest areas to buy property around Newcastle.

These are the cheapest areas to buy property around Newcastle. Photo: Andrew Matthews

The average cost of a property in NE15, which covers Lemington, Throckley and Heddon-On-The-Wall is £155,252.

2. NE15

The average cost of a property in NE15, which covers Lemington, Throckley and Heddon-On-The-Wall is £155,252.

The central NE1 postcode has an average property price of £164,620.

3. NE1

The central NE1 postcode has an average property price of £164,620.

NE5, which incorporates much of Westerhope, has an average property price of £165,335.

4. NE5

NE5, which incorporates much of Westerhope, has an average property price of £165,335.

Property Newcastle Housing market People

Comment Guidelines

National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.