If you’re thinking of selling your home in Newcastle, Gateshead, or Northumberland this year, here’s everything you need to know at the halfway point of 2025.
There’s been a lot of noise about rising house prices in the North East, and while some headlines boast 13% year-on-year growth, that doesn’t tell the full story. Yes, the market is moving, but it’s selective, competitive, and more dependent than ever on pricing, presentation, and smart estate agency strategy.
Let’s break down what’s really happening six months into the year, and whether now is the right time to sell your home in Newcastle or the wider region.
📈 North East Property Prices vs National Market
The property market in 2025 hasn’t exactly exploded, but in the North East, it’s doing better than most parts of the UK.
Newcastle house prices are up 13.4% year on year, with the average property now sitting at £209,000 as of May 2025
First-time buyer prices have jumped from £183,000 to £210,000, according to the Office for National Statistics
Northumberland has followed closely behind with a 12.7% increase, while Gateshead has seen more modest growth at 3.4%
Now, before you get visions of bidding wars and sky-high offers, keep in mind the UK average house price has only increased by 2.5% in the same period. The North East may be outperforming, but it’s not immune to changing buyer behaviours.
🔍 Buyer Demand Is Strong, But So Is Stock
One of the key stories in 2025 so far is this: buyer demand is up over 6% across the North East, but there’s also more choice on the market
With 14% more homes available nationally compared to last year, buyers are taking their time, comparing options, and skipping anything that doesn’t offer real value. Properties in the North East are still selling faster than anywhere else in the UK, averaging just 35 days on the market, but only if they’re priced and marketed well.
So, if you’re planning to sell, ask yourself, how will my home stand out?
🏦 Mortgage Rates, Improving, But Still Selective
The mortgage landscape is looking better for buyers than it did a year ago, but not across the board
The Bank of England base rate was cut to 4.25% in May, and further reductions to 4% or even 3.75% are expected by the end of the year
Buyers with a 25 to 40% deposit are securing fixed rates between 3.7% and 4.2%
First-time buyers with smaller deposits are still paying closer to 4.8 to 5.3%, although schemes like the 95% mortgage guarantee and select 100% mortgages are making entry easier
For sellers, this means a more confident buyer pool, but affordability is still front of mind, and overpriced homes will be filtered out quickly
🏘️ What’s Happening with Sales Volumes?
So far in 2025, Newcastle has been a relative standout in the region
The city recorded 5,536 home sales in 2024, up from 4,877 in 2023, and demand has stayed consistent this year
Gateshead and Northumberland, however, have seen transaction volumes drop by around 20% year on year, even as prices held steady or grew
This tells us two things
- Buyers are still active, especially in well-connected areas like Jesmond, Heaton, and central Newcastle
- The market is less forgiving than it was a year or two ago. Homes that are overpriced or poorly presented simply won’t move
🤔 So, Is Now a Good Time to Sell in Newcastle?
Short answer: Yes, but only if you’re ready to do it properly
The North East market is working in sellers’ favour right now, particularly in Newcastle and Northumberland, where price growth is outpacing the national average and demand remains healthy. But with more stock and more selective buyers, you’ll only succeed with:
Realistic, data-led pricing
Professional presentation and photography
Proactive marketing that targets the right buyers
At Bowson, we specialise in exactly that. Our team leverages market insights, digital campaigns, and expert advice to make sure your property doesn’t just list, it sells
🔮 What’s Next for the 2025 Property Market?
Here’s what we’re watching closely
More base rate cuts could improve buyer affordability, potentially driving a stronger autumn market
Stamp duty changes from earlier in the year have now settled, with the zero band extended to £125,000, helping more first-time buyers
Ongoing infrastructure investment in the region continues to boost buyer confidence and long-term value
Economic conditions are steady, though not booming, meaning buyers will continue to prioritise value and location over emotion
✅ Final Thoughts, Get Ahead Before the Autumn Rush
If you’re on the fence about selling, the summer period could be a golden window. The data shows that homes launched with the right strategy now are completing quickly and cleanly, before potential autumn competition ramps up
