Groat Market - NE1 1UG
Key Postcode Insights
NE1 1UG is a residential postcode situated on Groat Market, Newcastle Upon Tyne, NE1 with 6 addresses.
It ranks as the 175th largest and 331st most expensive of the 804 postcodes in the NE1 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 6 properties: 6 flats.
- Ave. Sale Price
- £191,640
- 10 Year change
- up 7.7%
- Ave. Rental Price
- £1,148pcm
- 10 Year change
- up 47.9%
- Ave. £ per ft²
- £208/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
NE1 1UG is a residential postcode situated on Groat Market, Newcastle Upon Tyne, NE1 with 6 addresses.
It ranks as the 175th largest and 331st most expensive of the 804 postcodes in the NE1 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 6 properties: 6 flats.
- Ave. Sale Price
- £191,640
- 10 Year change
- up 7.7%
- Ave. Rental Price
- £1,148pcm
- 10 Year change
- up 47.9%
- Ave. £ per ft²
- £208/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Properties in NE1 1UG
- Marseille Chambers
Building | 4 Flats
- 39 Groat Market
Building | 2 Flats
Sales Market Trends
The last sale in NE1 1UG sold for £182,000 on 20th August 2021. Since then prices are up an average of 8.9%.
The current average value in the postcode is £191,640.
The NE1 1UG Sales Market has increased by 7.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £191,640 |
| June 2025 | 5.9% | £191,529 |
| June 2024 | -2.4% | £180,940 |
| June 2023 | -0.1% | £185,407 |
| June 2022 | 5.2% | £185,583 |
| June 2021 | 0.1% | £176,444 |
| June 2020 | 2.1% | £176,280 |
| June 2019 | -0.3% | £172,722 |
| June 2018 | -1.3% | £173,179 |
| June 2017 | -1.4% | £175,494 |
| June 2016 | 3.3% | £177,935 |
| June 2015 | 4.3% | £172,305 |
| June 2014 | 0.7% | £165,174 |
| June 2013 | 1% | £164,044 |
| June 2012 | -2.8% | £162,411 |
| June 2011 | -2.8% | £167,026 |
| June 2010 | 1.1% | £171,771 |
| June 2009 | -10.6% | £169,858 |
| June 2008 | -4.7% | £190,020 |
| June 2007 | 0% | £199,477 |
Rental Market Trends
The current average rental value in the postcode is £1,148.
The NE1 1UG Rental Market has increased by 47.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,148pcm |
| June 2025 | 5% | £1,114pcm |
| June 2024 | 10.2% | £1,061pcm |
| June 2023 | 9.8% | £963pcm |
| June 2022 | 8.6% | £877pcm |
| June 2021 | 3.2% | £807pcm |
| June 2020 | 2.1% | £782pcm |
| June 2019 | 0% | £766pcm |
| June 2018 | -0.8% | £766pcm |
| June 2017 | -0.5% | £772pcm |
| June 2016 | 1.7% | £776pcm |
| June 2015 | 1.6% | £763pcm |
| June 2014 | 1.3% | £751pcm |
| June 2013 | 0% | £742pcm |
| June 2012 | 0.9% | £741pcm |
| June 2011 | 2.3% | £735pcm |
| June 2010 | 0.8% | £718pcm |
| June 2009 | -4.8% | £713pcm |
| June 2008 | -1.2% | £749pcm |
| June 2007 | 0% | £758pcm |
Sales History
The last recorded sale was on 20th August 2021 for £182,000 and since then the market in the area has increased by 8.9%.
NE1 1UG has had 3 sales since 1995, none of them in the last three years.
- Sold Aug 2021£182,000 | 2 Bed FlatFlat 3, Marseille Chambers 45, Groat Market, Newcastle Upon Tyne, NE1 1UGFlat 3, Marseille Chambers 45, Groat Market, Newcastle Upon Tyne, NE1 1UG
- Sold Jan 2021£127,500 | 2 Bed FlatFlat 1, Marseille Chambers 45, Groat Market, Newcastle Upon Tyne, NE1 1UGFlat 1, Marseille Chambers 45, Groat Market, Newcastle Upon Tyne, NE1 1UG
- Sold Feb 2020£120,000 | 2 Bed FlatFlat 2, Marseille Chambers 45, Groat Market, Newcastle Upon Tyne, NE1 1UGFlat 2, Marseille Chambers 45, Groat Market, Newcastle Upon Tyne, NE1 1UG
Nearby Postcodes
NE1 1UG is the 175th largest and the 331st most expensive postcode out of the 804 postcodes in the NE1 area.
- NE1 1UQ, Groat Market, Newcastle Upon Tyne, NE1NE1 1UQ2 Addresses|37 m away
- NE1 1UW, Bigg Market, Newcastle Upon Tyne, NE1NE1 1UW2 Addresses|43 m away
- NE1 1UE, Pudding Chare, Newcastle Upon Tyne, NE1NE1 1UE29 Addresses|49 m away
- NE1 1UF, Pudding Chare, Newcastle Upon Tyne, NE1NE1 1UF1 Address|52 m away
- NE1 1UD, Pudding Chare, Newcastle Upon Tyne, NE1NE1 1UD38 Addresses|61 m away
Property Types
- 6 early-century flats built between 1912 and 1935
- early-century flat (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2005£249,950 | 3 Bed FlatFlat 4, Marseille Chambers 45, Groat Market, Newcastle Upon Tyne, NE1 1UGFlat 4, Marseille Chambers 45, Groat Market, Newcastle Upon Tyne, NE1 1UG
- Sold Aug 2021£182,000 | 2 Bed FlatFlat 3, Marseille Chambers 45, Groat Market, Newcastle Upon Tyne, NE1 1UGFlat 3, Marseille Chambers 45, Groat Market, Newcastle Upon Tyne, NE1 1UG
- Sold Jul 2003£152,000 | 2 Bed FlatFlat 3, Marseille Chambers 45, Groat Market, Newcastle Upon Tyne, NE1 1UGFlat 3, Marseille Chambers 45, Groat Market, Newcastle Upon Tyne, NE1 1UG
Schools Nearby
- Our Lady and St Anne's Catholic Primary School800 m away
- Christ Church CofE Primary School900 m away
- St Paul's CofE Primary School1.0 km away
- North East Futures UTC500 m away
- Jesmond Park Academy3.0 km away
- Sacred Heart Catholic High School3.1 km away
More reading links
Public Transport Nearby
The closest station to NE1 1UG is Newcastle station, which is 400 metres away.
- Newcastle|400 m away
- Manors|600 m away
- Dunston|2.9 km away
- MetroCentre|3.6 km away