Areas / NE49 / street profile

Banks Terrace, NE49

Sold prices, £/m² and street profile from HM Land Registry records.

Median sold price
£81,000
all recorded sales
£ per m²
£1,098
from EPC floor areas
Recorded sales
22
Distinct homes
14
Price range
£34,000£125,000
Sales recorded
2001 → 2025
first to latest sale
The street in brief

Banks Terrace is a street almost entirely of terraced houses. The median sale price is £81,000, about 42% below the typical NE49 sale. On floor area that works out near £1,098 per square metre, below the district's £1,488. Too few recent sales to read a street-level trend, but across NE49 prices have been rising over the last few years. With 22 sales across 14 homes since 2001, homes here come to market only rarely.

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Banks Terrace prices over time

Median sold price on the street by year, from 22 HM Land Registry records. Years with no recorded sales are left blank rather than joined up.

This street — yearly medianNE49 district trend
£0£50k£100k£150k£200k£250k200520102015202020252001: £37,725 median · 2 sales2002: £34,500 median · 2 sales2004: £86,725 median · 2 sales2005: £82,475 median · 2 sales2007: £124,750 median · 2 sales2008: £80,000 median · 1 sale2009: £99,000 median · 2 sales2012: £102,000 median · 1 sale2013: £68,875 median · 2 sales2016: £65,000 median · 2 sales2018: £82,000 median · 1 sale2019: £80,000 median · 1 sale2024: £110,000 median · 1 sale2025: £115,000 median · 1 sale

Median sold price by year vs the NE49 district trend. Street medians on thin years reflect few sales — hover a dot for the exact figure.

How Banks Terrace compares

Banks Terrace against the NE49 district's busiest streets, the district itself, and the official UK House Price Index for the wider area.

Hadrians Rise£225k · 11
Meadow Grange£185k · 16
Tyne View Road£150k · 11
Gibson Close£146k · 18
Lorne Street£139k · 12
Edens Lawn£133k · 10
Park Road£125k · 11
Central Drive£110k · 11
Fairfield Park£87k · 12
Banks Terrace£81k · 22*

Median sold price and sale count over the last 8years for the district's busiest streets. *This street's figures cover all recorded sales (fewer than 3 in the last 8 years).

This street
£81,000
median · all recorded sales
NE49 district
£140,000
median · last 8 years · street -42%
England
£291,445
average price (UK House Price Index), Apr 2026 · +3.9% in 12 months

Banks Terrace's £81,000 median sits about 42% below NE49's £140,000; on floor space it runs £1,098/m² against the district's £1,488/m² (-26%).

Street and NE49 figures are medians of HM Land Registry sales; the England figures are the UK House Price Index mix-adjusted average — a different basis, so compare direction rather than levels between the two.

Every recorded sale on Banks Terrace

Individual transactions as recorded by HM Land Registry, newest first.

DateAddressTypeNew buildPrice
3 Jan 20253 · NE49 9DQTerraced£115,000
16 Feb 202412 · NE49 9DQTerraced£110,000
20 Dec 20191 · NE49 9DQTerraced£80,000
3 May 201821 · NE49 9DQTerraced£82,000
21 Dec 201611 · NE49 9DQTerraced£70,000
11 Jan 201617 · NE49 9DQTerraced£60,000
25 Oct 201320 · NE49 9DQTerraced£75,750
4 Oct 20138 · NE49 9DQTerraced£62,000
27 Apr 20124 · NE49 9DQTerraced£102,000
4 Sept 200915 · NE49 9DQTerraced£102,000
19 Jun 20094 · NE49 9DQTerraced£96,000
22 Jan 20081 · NE49 9DQTerraced£80,000
9 Nov 20076 · NE49 9DQTerraced£124,500
16 Mar 20076 · NE49 9DQTerraced£125,000
16 Jun 20057 · NE49 9DQTerraced£89,950
25 Jan 20056 · NE49 9DQTerraced£75,000
28 Jun 200414 · NE49 9DQTerraced£85,950
16 Jan 200420 · NE49 9DQTerraced£87,500
29 Jul 200216 · NE49 9DQTerraced£34,000
29 May 200215 · NE49 9DQTerraced£35,000
28 Sept 20017 · NE49 9DQTerraced£39,950
31 Aug 200114 · NE49 9DQTerraced£35,500
Buying on Banks Terrace?

Get the full £5 report on the exact home — valuation vs its own sale history, EPC & running costs, flood/mining risk, planning, schools and more.

More streets in NE49

Sold-price profiles for nearby streets, and the wider NE49 area guide.

Hadrians RisePark RoadFairfield ParkMeadow GrangeGibson CloseNewholme AvenueCentral DriveDale StreetMeadow ViewShield HillTyne View RoadFair Hill
NE49 house prices & area guide →

Contains HM Land Registry data © Crown copyright and database right 2026, including the UK House Price Index. EPC data © Crown copyright. Licensed under the Open Government Licence v3.0. Figures summarise recorded sales on the street and are not a valuation of any individual home.