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

Among the 154 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 in the list below concern different types of property: terraced houses, semi-detached houses, detached houses and flats, where the deeds were filed with the Land Registry during the month of September, even if the properties may have been sold earlier.

10. £10,000 (7%) below asking – semi-detached house on Pottery Park

Listed at £150,000, this detached house at Pottery Park in the NE6 postcode area settled at £140,000 after seven days on the market, reflecting a 7% price reduction. Spanning 656 sqft, the property’s price per sqft was £213. Featuring two bedrooms and one bathroom and a B energy efficiency rating, the transfer of ownership was completed on 23 July.

9. £14,995 (9%) below asking – semi-detached house on Priory Way

With three bedrooms and one bathroom and a C energy efficiency rating, this semi-detached house at Priory Way in the NE5 postcode area, changed hands. Originally listed for £174,995, it sold at £160,000 after a 9% reduction in price after it had been on the market for nine days. The transfer of ownership was completed on 25 July. The home has a living area of 1,065 sqft and the eventual price per sqft was £150.

8. £15,000 (5%) below asking – semi-detached house on Briarwood Crescent

Listed at £320,000, this detached house in Briarwood Crescent in the NE6 postcode area settled at £305,000 after 21 days on the market, reflecting a 5% price reduction. Spanning 1,108 sqft, the property’s price per sqft was £275. Featuring three bedrooms and two bathrooms and a E energy efficiency rating, the transfer of ownership was completed on 14 July.

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

A semi-detached house in Acomb Crescent in the NE3 postcode area also has new owners. Initially listed for £270,000, it settled at £255,000, marking a 6% price reduction to reach its eventual selling price. It was on the market for eight days. Covering 1,065 sqft, the property’s price per sqft ended up at £239. The property offers three bedrooms and one bathroom and the energy efficiency of the property is rated D. The sale was completed on 30 July.

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

This semi-detached house at Denham Walk in the NE5 postcode area has new owners. It was initially listed for £225,000 and settled at £210,000 after it had been on the market for one month and six days, undergoing a 7% price reduction to reach its eventual selling price. The living area totals 828 sqft and the price per sqft ended up at £254. The property has three bedrooms and one bathroom and the energy efficiency of the property is rated E. The sale was completed on 8 August.

5. £17,450 (10%) below asking – flat on Close

The sale of the flat at Merchants Quay, 46 – 54 Close in the NE1 postcode area was finalised on August 15. It was originally listed for £179,950 and was sold for £162,500 after it had been on the market for 29 days, displaying a 10% price reduction. The home has a living area of 721 sqft and the price per sqft settled at £225. The property consists of two bedrooms and one bathroom, and the building has an energy efficiency rating of C.

4. £18,000 (5%) below asking – terraced house on Warton Terrace

With five bedrooms and three bathrooms and a D energy efficiency rating, this terraced house at Warton Terrace in the NE6 postcode area, changed hands. Originally listed for £375,000, it sold at £357,000 after a 5% reduction in price after it had been on the market for five months and 24 days. The transfer of ownership was completed on 25 July. The home has a living area of 1,603 sqft and the eventual price per sqft was £223.

3. £29,500 (3%) below asking – terraced house on Elmfield Road

Listed at £949,500, this detached house at Elmfield Road in the NE3 postcode area settled at £920,000 after one month and five days on the market, reflecting a 3% price reduction. Spanning 2,507 sqft, the property’s price per sqft was £367. Featuring five bedrooms and three bathrooms and a D energy efficiency rating, the transfer of ownership was completed on 12 August.

2. £30,000 (5%) below asking – terraced house on Sturdee Gardens

This terraced house at Sturdee Gardens in the NE2 postcode area has new owners. It was initially listed for £570,000 and settled at £540,000 after it had been on the market for two months and two days, undergoing a 5% price reduction to reach its eventual selling price. The living area totals 1,776 sqft and the price per sqft ended up at £304. The property comprises six bedrooms, and the property holds a D energy efficiency rating. The sale was finalised on 31 July.

1. £51,000 (15%) below asking – semi-detached house on Gleneagle Close

A semi-detached house at Gleneagle Close in the NE5 postcode area also has new owners. Initially listed for £330,000, it settled at £279,000, marking a 15% price reduction to reach its eventual selling price. It remained on the market for a duration of seven months and 22 days. Covering 979 sqft, the property’s price per sqft ended up at £285. The property consists of four bedrooms and two bathrooms, and the property has an energy efficiency rating of C. The sale was settled on 8 August.