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NE15 vs NE5: house prices per square metre compared

NE15 (Throckley) has a median of £1,950 per m² against £2,220 in NE5 (Callerton). NE5 is the more expensive of the two: NE15 is 12.2% cheaper per m². The figures come from 264 and 506 matched sales in the last 12 months of HM Land Registry data.

£175,000, the median sale price in NE5, buys about 79 m² there and about 90 m² in NE15, a difference of 11 m² at each district’s own median. Over the 10 years to Q1 2026, NE5 moved +3.6% a year against NE15 at +3.4% a year, before inflation.

Change either district

Sales in the last 12 months.

NE15 compared with NE5
Measure

NE15

High confidence

Throckley, Newcastle upon Tyne

£1,950median per m²

NE5

High confidence

Callerton, Newcastle upon Tyne

£2,220median per m²

Difference
Median price per m²£1,950£2,220+13.8%
Median sale price£160,000£175,000+9.4%
Middle 60% of salesp20 to p80£1,410–£2,410£1,610–£2,820
Sales (last 12 months)311554+243
With a matched floor areaThe denominator behind each median per unit area264506+242
Mean floor area (matched sales)89 m²84 m²−5.0%
Annual change over 9.8 years+3.4% a year+3.6% a year+0.2 pts
By property typeMedian price per m² for each property type sold in the last 12 months.
Detachedno sales£2,910n = 56n/a
Semi-detached£1,970n = 102£2,310n = 218+17.3%
Terraced£1,700n = 104£1,970n = 190+15.9%
Flat£1,580n = 30£1,400n = 42−11.1%
Difference: NE15 minus NE5.
All NE15 sold prices All NE5 sold prices

Each trend line is that district’s own quarterly median price per square metre, scaled to its own range: compare directions, not heights. Gaps are quarters with too few matched sales to publish a median.

Frequently asked questions

Why compare NE15 and NE5 on price per square metre rather than price?

A raw sale price mostly reflects how big homes are; price per square metre corrects for size, so NE15 and NE5 can be compared on what a buyer actually gets for the money. Both figures here are medians of sold price divided by EPC floor area, from HM Land Registry sales, computed the same way for both areas.

Why do NE15 and NE5 show different numbers of sales?

The two districts are different sizes and trade at different rates, and each figure is computed over the matched sales its own area produced in its stated window. The matched-sale count is printed beside each median because it is that median's own denominator.

Or browse the league tables for the most expensive and best value districts, every comparison page, or the free dataset behind these figures.

Contains HM Land Registry data © Crown copyright and database right 2026 · Licensed under the Open Government Licence v3.0 · Floor areas from the Energy Performance of Buildings Register · how these figures are made