Housing Market Analysis for OCTAVIAN WAY, NE11 0HZ

Are you looking to understand NE11 0HZ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Gateshead postcode.

For the location information and nearby amenities in the NE11 0HZ area, explore the NE11 0HZ Area information page.
For comprehensive crime statistics in the NE11 0HZ area, explore the NE11 0HZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE11 0HZ postcode area, The average prices are as follows,

  • Other
    • The average price is around £536,250 median price is £595,000 Standard Deviation is £188,791 with Total Sold: 4
    • The Last 5 Year average price is £620,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 15 OCTAVIAN WAY: £620,000 (Sold on 27 Jan 2020)
    • The first recorded sale happened at this postcode is 15 OCTAVIAN WAY: £570,000 (Sold on 09 Mar 2017)
  • Detached
    • The average price is around £157,500 median price is £157,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 OCTAVIAN WAY: £157,500 (Sold on 23 Dec 1997)
    • The first recorded sale happened at this postcode is 12 OCTAVIAN WAY: £157,500 (Sold on 23 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE11 0HZ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£620,0001
2018£477,5002
2017£570,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£157,5001

All the Sales in the OCTAVIAN WAY, NE11 0HZ

See the table below for more details on the sold house prices in the NE11 0HZ, Gateshead postcode.

AddressSold DatePrice% Change
15 OCTAVIAN WAYOther, Leasehold27 Jan 2020£620,0008.77%
09 Mar 2017£570,000First Sale
9 OCTAVIAN WAYOther, Leasehold07 Sep 2018£225,000First Sale
16 OCTAVIAN WAYOther, Leasehold27 Jul 2018£730,000First Sale
12 OCTAVIAN WAYDetached, Leasehold23 Dec 1997£157,500First Sale

Check out the sold house prices near the NE11 0HZ postcode. Properties currently for saleProperties currently for rent

OCTAVIAN WAY, NE11 0HZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE11 0HZ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE11 0HZ postcode.

  • Other
    • The average price is around £1,458,019 median price is £285,000 Standard Deviation is £3,070,254 with Total Sold: 57
    • The Last 5 Year average price is £523,299 with Total Sold: 24
    • The most recent sale happened at this postcode is UNIT G, BLOCK 321 MAYORAL WAY: £75,000 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is UNIT T, BLOCK 321 MAYORAL WAY: £25,000 (Sold on 03 Jan 2014)
  • Semi-Detached
    • The average price is around £147,855 median price is £162,500 Standard Deviation is £78,245 with Total Sold: 22
    • The Last 5 Year average price is £210,400 with Total Sold: 5
    • The most recent sale happened at this postcode is , 7 LADYPARK: £212,000 (Sold on 04 Aug 2023)
    • The first recorded sale happened at this postcode is , 16 LADYPARK: £47,500 (Sold on 31 Jan 1997)
  • Flat
    • The average price is around £117,500 median price is £117,500 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £117,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , F16 WILLOW COURT MARQUIS COURT: £117,500 (Sold on 12 Jul 2022)
    • The first recorded sale happened at this postcode is , F16 WILLOW COURT MARQUIS COURT: £117,500 (Sold on 12 Jul 2022)
  • Detached
    • The average price is around £306,875 median price is £260,000 Standard Deviation is £159,701 with Total Sold: 4
    • The most recent sale happened at this postcode is , WHITE COTTAGE LADYPARK: £550,000 (Sold on 02 Jul 2018)
    • The first recorded sale happened at this postcode is , 12 OCTAVIAN WAY: £157,500 (Sold on 23 Dec 1997)
  • Terraced
    • The average price is around £98,890 median price is £75,000 Standard Deviation is £73,233 with Total Sold: 5
    • The most recent sale happened at this postcode is , 11 LADYPARK: £239,950 (Sold on 29 Jun 2017)
    • The first recorded sale happened at this postcode is UNIT H, BLOCK 322 MAYORAL WAY: £27,000 (Sold on 24 Apr 1998)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£396,2504
2022£258,8673
2021£896,0728
2020£476,8005
2019£161,2504
2018£462,07114
2017£677,1148
2016£206,0002
2015£7,278,1258
2014£25,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£261,000 £1,922 2
2022£260,000 £1,926 1
2021£87,5001
2020£182,500 £1,722 1
2013£182,475 £1,730 2
2012£175,000 £855 1
2007£228,833 £2,304 3
2005£215,0001
2004£115,000 £1,389 2
2002£88,950 £1,022 1
1999£60,150 £447 3
1998£63,725 £734 2
1997£66,2502
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£117,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£550,000 £2,750 1
2007£350,0001
2000£170,0001
1997£157,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£239,950 £2,087 1
2009£76,2502
2002£75,000 £652 1
1998£27,0001

House Type in NE11 0HZ area

The most common house types in the NE11 0HZ postcode area are Detached (54), Semi-detached (54), and Terraced (16).

Total131
Detached54
Semi-detached54
Terraced16
converted building3
commercial building2
Flat1
Shared house1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (71), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright71
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency17
Private rented: Other private rented5
Social rented: Rents from council or Local Authority4
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE11 0HZ have 2 people in household (56), and 1 person in household (34).

2 people in household56
1 person in household34
3 people in household21
4 people in household10
5 people in household8
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0