Newcastle upon Tyne’s real estate scene in October witnessed interesting transactions, notably homes that sold below their initial listing prices.

Among the 171 residential properties changing hands, a select few stood out for their significant price differences, offering buyers advantageous deals in the market. Here’s an exclusive look at the top 10 homes that fetched prices notably lower than their initial asking rates.

The homes listed below encompass different types of property: terraced houses, semi-detached houses, detached houses and flats, with their deeds filed with the Land Registry during the month of October, even if the sales were conducted earlier.

10. £10,000 (2%) below asking – detached house on Winder Drive

Featuring four bedrooms and three bathrooms and a B energy efficiency rating, this detached house at Winder Drive in the NE13 postcode area, has been purchased. Originally listed for £475,000, it sold at £465,000 after a 2% reduction in price after it had been on the market for nine days. The transfer of ownership was completed on 12 September. The home has a living area of 1,711 sqft and the eventual price per sqft was £272.

9. £10,000 (4%) below asking – semi-detached house on Eden Park Court

Listed at £250,000, this detached house in Eden Park Court in the NE13 postcode area settled at £240,000 after 24 days on the market, reflecting a 4% price reduction. Spanning 850 sqft, the property’s price per sqft was £282. With three bedrooms and one bathroom and a B energy efficiency rating, the transfer of ownership was completed on 22 August.

8. £10,000 (5%) below asking – terraced house on Coldstream Road

The sale of the terraced house at Coldstream Road in the NE15 postcode area was finalised on September 5. It was originally listed for £220,000 and was sold for £210,000 after it had been on the market for four months and 13 days, displaying a 5% price reduction. The home has a living area of 1,001 sqft and the price per sqft settled at £210. The property consists of three bedrooms and one bathroom, and the property has an energy efficiency rating of D.

7. £15,000 (6%) below asking – semi-detached house on Primrose Lane

This semi-detached house at Primrose Lane in the NE13 postcode area has new owners. It was initially listed for £240,000 and settled at £225,000 after it had been on the market for one month and 12 days, undergoing a 6% price reduction to reach its eventual selling price. The living area totals 1,077 sqft and the price per sqft ended up at £209. The property has three bedrooms and two bathrooms and the energy efficiency of the property is rated B. The sale was completed on 12 September.

6. £18,000 (11%) below asking – flat on Mowbray Street

With three bedrooms and one bathroom and a C energy efficiency rating, this flat at 192 Mowbray Street in the NE6 postcode area, changed hands. Originally listed for £168,000, it sold at £150,000 after a 11% reduction in price after it had been on the market for eight days. The transfer of ownership was completed on 22 August. The home has a living area of 721 sqft and the eventual price per sqft was £208.

5. £19,500 (6%) below asking – detached house on Augusta Park Way

A detached house at Augusta Park Way in the NE13 postcode area also has new owners. Initially listed for £330,000, it settled at £310,500, marking a 6% price reduction to reach its eventual selling price. It remained on the market for a duration of five months and 16 days. Covering 1,065 sqft, the property’s price per sqft ended up at £292. The property comprises five bedrooms and two bathrooms, and the property holds a B energy efficiency rating. The sale was finalised on 12 September.

4. £20,000 (3%) below asking – flat on Princess Mary Court

Featuring three bedrooms and two bathrooms and a C energy efficiency rating, this flat in Phillipson Memorial Building, 39 Princess Mary Court in the NE2 postcode area, changed hands. Originally listed for £595,000, it sold at £575,000 after a 3% reduction in price. The transfer of ownership was completed on 29 August. The home has a living area of 1,400 sqft and the eventual price per sqft was £411.

3. £20,000 (5%) below asking – semi-detached house on The Fairway

The sale of the semi-detached house at The Fairway in the NE3 postcode area was finalised on August 22. It was originally listed for £365,000 and was sold for £345,000 after it had been on the market for 29 days, displaying a 5% price reduction. The home has a living area of 1,194 sqft and the price per sqft settled at £289. The property offers three bedrooms and one bathroom and the energy efficiency of the property is rated D.

2. £20,000 (7%) below asking – semi-detached house on The Wynd

This semi-detached house at The Wynd in the NE3 postcode area has new owners. It was initially listed for £295,000 and settled at £275,000 after it had been on the market for eight days, undergoing a 7% price reduction to reach its eventual selling price. The living area totals 1,259 sqft and the price per sqft ended up at £218. The property comprises three bedrooms and one bathroom, and the property holds a D energy efficiency rating. The sale was settled on 22 August.

1. £25,000 (11%) below asking – semi-detached house on Jubilee Road

A semi-detached house at Jubilee Road in the NE3 postcode area also has new owners. Initially listed for £225,000, it settled at £200,000, marking a 11% price reduction to reach its eventual selling price. It was on the market for one month and 19 days. Covering 979 sqft, the property’s price per sqft ended up at £204. The property has three bedrooms and one bathroom and the energy efficiency of the property is rated C. The sale was completed on 29 August.