Press Room
Newcastle Annual Housing Market Index
Highlights: · The average price of a home in Newcastle is currently £173,561 · Average house prices in Newcastle increased 10.6% between 2005 and 2006 · Flats were the most popular properties in Newcastle in 2006, making up 35.3% of sales · Lindisfarne Road in the West Jesmond area of town is officially the most expensive street in Newcastle with an average sale price of £1,158,466 · Development in the town centre resulted in the new St Anns Yard claiming top spot for number of sales, with 85 recorded in 2006 alone
House Prices & House Sales There was positive growth in the Newcastle housing market in 2006, with the total number of property sales increasing by 13% in 2006 after a brief dip in 2005. The average sale price also increased significantly on the previous year, with the highest price for the city reaching a healthy £1,700,000.
Summary · The average price of a home in Newcastle is currently £173,561 · Average house prices in Newcastle increased 10.6% between 2005 and 2006 · Flats were the most popular properties in Newcastle in 2006, making up 35.3% of sales · Lindisfarne Road in the West Jesmond area of town is officially the most expensive street in Newcastle with an average sale price of £1,158,466 · Development in the town centre resulted in the new St Anns Yard claiming top spot for number of sales, with 85 recorded in 2006 alone
Download the pdf document to view detailed illustrations of the Newcastle housing market.
-- Ends --
Notes for Editors:
Article date: 4/1/2007 12:00:00 AM