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The ten most expensive streets in the NE area – and one postcode features five times

The ten most expensive streets in the NE area – and one postcode features five times


Ten North East streets all within the NE postcode have been named the most expensive in the region, with one particular location appearing five times. Additionally a Newcastle road with 19 sales in three years records a £6m transaction, yet still ranks second.

The North East’s most expensive street has an average house price of more than £1.8m. That’s according to the latest underlying data sourced from the Land Registry which has identified the most expensive streets in the country.

Gubeon Wood in the NE61 postcode district, which covers the Morpeth area, has recorded the highest average sale price in the Newcastle region over the past three years, with two transactions averaging £1,875,000 and the highest reaching £2,700,000, according to analysis by Brickview.ai.

The most striking figure in the table however belongs to Runnymede Road in NE20 which covers Ponteland and Darras Hall. Known in some circles as “millionaires row”, the popular street has been home to both Newcastle and Sunderland footballers in the past, as well as local celebrities.

The road is one of the most traded streets, recording 19 sales over the three-year period, by far the most of any in the top 10. It also carries the table’s highest individual sale of one property at £6m, yet its average price of £1,817,371 places it behind Gubeon Wood.

Five of the ten streets are located in the NE3 postcode which covers Gosforth including Graham Park Road which last year appeared in a ranking of the best places to live in the UK. Two of those NE3 streets showed a marked gap between their average and highest transactions.

Elmfield Road averaged £1,164,600 but saw one property sell for £3,041,000, while Kenton Avenue’s average of £1,140,000 was accompanied by a highest sale of £3,075,000. West Mews rounds out the top ten with an average of £1,046,250, meaning the gap between first and tenth place is approximately £829,000.

Elmfield road in Gosforth, , Newcastle Upon Tyne

Elmfield road in Gosforth, , Newcastle Upon Tyne -Credit:Newcastle Chronicle

The ten most expensive streets listed:

  1. Gubeon Wood – Morpeth – NE61 – Average price (3 years): £1,875,000 Highest sale (3 years): £2,700,000 Sales: 2

  2. Runnymede Road – Darras Hall – NE20 – Average price (3 years): £1,817,371 Highest sale (3 years): £6,000,000 Sales: 19

  3. Furzefield Road – Gosforth – NE3 – Average price (3 years): £1,492,500 Highest sale (3 years): £1,650,000 Sales: 4

  4. Graham Park Road – Gosforth – NE3 – Average price (3 years): £1,470,000 Highest sale (3 years): £1,900,000 Sales: 4

  5. The Green – Hexham – NE46 – Average price (3 years): £1,283,000 Highest sale (3 years): £2,375,000 Sales: 2

  6. Elmfield Road – Gosforth – NE3 – Average price (3 years): £1,164,600 Highest sale (3 years): £3,041,000 Sales: 10

  7. Kenton Avenue – Gosforth – NE3 – Average price (3 years): £1,140,000 Highest sale (3 years): £3,075,000 Sales: 4

  8. Mitchell Avenue – Jesmond – NE2 – Average price (3 years): £1,074,875 Highest sale (3 years): £1,200,000 Sales: 4

  9. Ashford Grove – Mitford – NE61 – Average price (3 years): £1,052,500 Highest sale (3 years): £1,125,000 Sales: 2

  10. West Mews – Gosforth – NE3 – Average price (3 years): £1,046,250 Highest sale (3 years): £1,500,000 Sales: 4

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