Southway - NE15 7RB
Key Postcode Insights
NE15 7RB is a residential postcode situated on Southway, Newcastle Upon Tyne, NE15 with 24 addresses.
It ranks as the 601st largest and 168th most expensive of the 874 postcodes in the NE15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 13 houses and 11 flats.
- Ave. Sale Price
- £96,016
- 10 Year change
- up 26.6%
- Ave. Rental Price
- £659pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £134/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Key Postcode Insights
NE15 7RB is a residential postcode situated on Southway, Newcastle Upon Tyne, NE15 with 24 addresses.
It ranks as the 601st largest and 168th most expensive of the 874 postcodes in the NE15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 13 houses and 11 flats.
- Ave. Sale Price
- £96,016
- 10 Year change
- up 26.6%
- Ave. Rental Price
- £659pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £134/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Explore Propertiesin NE15 7RB
- 22 Southway
2 Bed Mid-century Flat
- 24 Southway
2 Bed Modern Flat
- 26 Southway
Unknown
- 28 Southway
3 Bed Mid-century Flat
- 30 Southway
3 Bed Mid-century House
Sales Market Trends
The last sale in NE15 7RB sold for £52,000 on 26th October 2018. Since then prices are up an average of 25.1%.
The current average value in the postcode is £96,016.
The NE15 7RB Sales Market has increased by 26.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £96,016 |
| June 2025 | 3.9% | £95,716 |
| June 2024 | -1% | £92,150 |
| June 2023 | 1.3% | £93,041 |
| June 2022 | 9.5% | £91,852 |
| June 2021 | 6.5% | £83,899 |
| June 2020 | 1.4% | £78,800 |
| June 2019 | -1.1% | £77,693 |
| June 2018 | 5.4% | £78,589 |
| June 2017 | -1.7% | £74,552 |
| June 2016 | 2.6% | £75,868 |
| June 2015 | 2.3% | £73,965 |
| June 2014 | 2.8% | £72,327 |
| June 2013 | -1.5% | £70,346 |
| June 2012 | -0.3% | £71,387 |
| June 2011 | -3% | £71,589 |
| June 2010 | 1.1% | £73,820 |
| June 2009 | -12.1% | £73,002 |
| June 2008 | -1.2% | £83,085 |
| June 2007 | 0% | £84,136 |
Rental Market Trends
The current average rental value in the postcode is £659.
The NE15 7RB Rental Market has increased by 53.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £659pcm |
| June 2025 | 3.9% | £642pcm |
| June 2024 | 7.7% | £618pcm |
| June 2023 | 11.1% | £574pcm |
| June 2022 | 10.2% | £516pcm |
| June 2021 | 3.4% | £468pcm |
| June 2020 | 2.1% | £453pcm |
| June 2019 | 1.8% | £444pcm |
| June 2018 | 0.6% | £436pcm |
| June 2017 | 0.6% | £433pcm |
| June 2016 | 0.8% | £431pcm |
| June 2015 | 2% | £427pcm |
| June 2014 | 1.3% | £419pcm |
| June 2013 | 0.6% | £413pcm |
| June 2012 | 0.3% | £411pcm |
| June 2011 | 0.2% | £409pcm |
| June 2010 | 1.3% | £409pcm |
| June 2009 | -3.9% | £403pcm |
| June 2008 | -1.1% | £420pcm |
| June 2007 | 0% | £425pcm |
Sales History
The last sale was on 26th October 2018 for £52,000 and since then the market in the area has increased by 25.1%. The postcode has had a total of 6 sales since 1995.
NE15 7RB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2018£52,000 | 3 Bed Flat75, Southway, Newcastle Upon Tyne, NE15 7RB75, Southway, Newcastle Upon Tyne, NE15 7RB
- Sold May 2014£85,000 | 3 Bed House30, Southway, Newcastle Upon Tyne, NE15 7RB30, Southway, Newcastle Upon Tyne, NE15 7RB
- Sold Sep 2013£125,000 | 4 Bed House59, Southway, Newcastle Upon Tyne, NE15 7RB59, Southway, Newcastle Upon Tyne, NE15 7RB
- Sold Nov 2006£108,000 | 3 Bed Flat75, Southway, Newcastle Upon Tyne, NE15 7RB75, Southway, Newcastle Upon Tyne, NE15 7RB
- Sold May 2003£82,000 | 3 Bed Flat75, Southway, Newcastle Upon Tyne, NE15 7RB75, Southway, Newcastle Upon Tyne, NE15 7RB
Nearby Postcodes
NE15 7RB is the 601st largest and the 168th most expensive postcode out of the 874 postcodes in the NE15 area.
- NE15 7RJ, Bywell Avenue, South Denton, Newcastle Upon Tyne, NE15NE15 7RJ15 Addresses|65 m away
- NE15 7RQ, Styford Gardens, Newcastle Upon Tyne, NE15NE15 7RQ16 Addresses|67 m away
- NE15 7RP, Falstone Avenue, Newcastle Upon Tyne, NE15NE15 7RP29 Addresses|99 m away
- NE15 7RR, Redesdale Close, South Denton, Newcastle Upon Tyne, NE15NE15 7RR10 Addresses|111 m away
- NE15 7RT, Mapperley Drive, Newcastle Upon Tyne, NE15NE15 7RT20 Addresses|111 m away
Property Types
- 1 modern flat built after 1980
- 3 mid-century houses built between 1936 and 1979
- 5 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 14 other addresses of unknown type
- modern flat (1)
- mid-century house (3)
- mid-century flat (5)
- house (1)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (1)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Mar 2026£200,000 | 3 Bed House56, Southway, Newcastle Upon Tyne, NE15 7RD56, Southway, Newcastle Upon Tyne, NE15 7RD
- Sold Jan 2024£190,000 | 3 Bed House95, Southway, Newcastle Upon Tyne, NE15 7RD95, Southway, Newcastle Upon Tyne, NE15 7RD
- Sold Jul 2022£183,975 | 4 Bed House97, Southway, Newcastle Upon Tyne, NE15 7RD97, Southway, Newcastle Upon Tyne, NE15 7RD
Schools Nearby
- Broadwood Primary School300 m away
- Waverley Primary School600 m away
- St Bede's Catholic Primary School, Newcastle800 m away
- Studio West1.2 km away
- St Cuthbert's High School1.5 km away
- Sacred Heart Catholic High School2.5 km away
More reading links
Public Transport Nearby
The closest station to NE15 7RB is Blaydon station, which is 2.1 kilometres away.
- Blaydon|2.1 km away
- MetroCentre|3.4 km away
- Dunston|5.2 km away
- Newcastle|5.4 km away