Median asking price for flats in NE16, Newcastle is £65,000, down 1% year on year. Homes spend 335 days on the market on average, with agreed sales 5.9% below asking and 12.5% of listings seeing a price reduction. Use the house price trends, time-on-market and momentum figures below to judge what your home could realistically achieve. Then get a free online valuation for a figure on your specific property.
3-month rolling average across NE16, Newcastle.
A size-adjusted view of local pricing, useful for comparing homes of different sizes.
How many homes came to market, exchanged, and how often agreed sales fell through.
For homes that reduced their asking price, the typical size of the cut — plus how often sellers pull and relist.
The typical home in NE16 is asking £65k and takes about 335 days to sell. Your property's figure depends on size, condition and street — get a free online valuation in under a minute, with no agent visit and no obligation.
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What sellers in NE16 most often ask about valuations and local house prices.
The median asking price in NE16 is currently £65k. That is the mid-point of homes on the market right now, so half are listed above it and half below. Your own figure depends on size, condition, layout and exact street — use £65k as the starting anchor, then get a free Upstix valuation for a figure on your specific property.
Homes in NE16 typically take around 335 days to go from listed to sale agreed. Add roughly 12–16 weeks on top for conveyancing and completion. Pricing accurately in the first two weeks is the single biggest lever on that timeline — listings that reduce later almost always take longer overall.
No — homes in NE16 are typically agreeing at about 5.9% below the original asking price. That gap is normal in most UK markets and usually reflects opening prices set slightly above expectation to leave negotiating room.
Yes. An Upstix online house valuation is free and takes under a minute — there is no obligation and no agent visit required. Estate agents also offer free in-person valuations, while a formal RICS valuation report (used for probate, tax or lending) is a paid service, typically a few hundred pounds.
An online valuation uses sold prices, current listings and property attributes to estimate a market figure instantly — ideal for an early, no-commitment answer. An in-person valuation adds what data cannot see: condition, natural light, layout, noise and finish. Most sellers start online for a range, then confirm with two or three agent visits before choosing an asking price.
These figures are compiled from live on-market listing data covering NE16 and refresh monthly; the set shown was last refreshed on 2026-07-01. They describe the local market, not any individual property, so treat them as context rather than a valuation.
Have a question about your local market or a specific property? Our team can help you make sense of the numbers and plan your next move.