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Chronicle Live
National
Chris Knight

The North East postcodes where house prices are rising the most - and it might surprise you

Property website Zoopla has announced the top 10 performing North East postcodes for house price growth for the past year - and the results might surprise you.

Properties in the NE4 postcode - including Arthur's Hill, Elswick and Wingrove in Newcastle's West End - enjoyed the highest year-on-year growth.

The average value of homes increased from May 2018 to May 2019 by £1,809, an average year-on-year rise of 1.23%.

The NE13 postcode - including areas to the North of Newcastle such as Dinnington and Hazlerigg - was the only other postcode to enjoy a positive year-on-year change in value.

In the city of Newcastle overall, house prices have on average decreased by £2,743 which translates to 1.31%.

Zoopla spokesperson Laura Howard said: " We're a nation of property lovers so our latest research will no doubt pique the interest of Brits keeping a close eye on what's happening in their neighbourhoods.

West End of Newcastle (Newcastle Chronicle)



“There’s a mine of handy information on Zoopla’s house prices and area stats pages. This includes current asking prices and rents for different property types as well as property value changes over the past 20 years across the UK.

“Whether you’re buying or selling, researching your local housing market and speaking to estate agents in the area will ultimately help you make a more informed decision.” 

Here's a look at some of the most popularly viewed properties for sale in the aforementioned areas:

NE4 - Fenham

The three bedroom semi-detached property on Elder Drive, Fenham (Zoopla)

The family home situated in the 'Calderstone Development' boasts a modern interior, garage, gardens and driveway.

Estate agents Rook Matthews Sayer say the new owners will be able to take advantage of good transport links to the city centre, the A1 and Newcastle International Airport.

NE13 - Great Park

The four bedroom detached home on Rosden Way in Newcastle's Great Park (Zoopla)

Estate agents Rook Matthews Sayer insist viewing is recommended on the modern family home on a corner plot in Newcastle's Great Park.

The property is staged over three floors and enjoys a well-maintained garden facing to the south.

NE28 - Wallsend

The property on Telford Court in Wallsend (Zoopla)

The house is marketed as a "neat and tidy property which would suit a range of buyers including first time buyers and investors".

The property comes with an entrance porch, lounge and kitchen diner as well as three bedrooms and refitted shower room.

NE16 - Whickham

The three bedroom semi-detached home on Church Chare in Whickham (Zoopla)

Described as a rare opportunity for buyers, the "charming" home is next to the Parish Church and St Mary's Rectory.

The property sits in a conservation area and homeowners will be a short walk away from the nearby village.

NE5 - Silver Lonnen

The one bedroom flat on Denton Court in Silver Lonnen (Zoopla)

The ground-floor apartment is marketed as an ideal buy-to-let or first-time buy.

The flat comprises of a hallway, lounge, kitchen, bathroom, and bedroom along with communal garden areas.

 
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