Housing Market Analysis for REED AVENUE, NE12 5XH

Are you looking to understand NE12 5XH 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 North Tyneside postcode.

For the location information and nearby amenities in the NE12 5XH area, explore the NE12 5XH Area information page.
For comprehensive crime statistics in the NE12 5XH area, explore the NE12 5XH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE12 5XH postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £86,436 median price is £78,000 Standard Deviation is £46,314 with Total Sold: 29
- The Last 5 Year average price is £134,343 with Total Sold: 7
- The most recent sale happened at this postcode is 2 REED AVENUE: £94,000 (Sold on 21 May 2024)
- The first recorded sale happened at this postcode is 5 REED AVENUE: £186,000 (Sold on 01 Dec 2023)
Terraced
- The average price is around £98,000 median price is £98,500 Standard Deviation is £23,018 with Total Sold: 8
- The Last 5 Year average price is £129,000 with Total Sold: 1
- The most recent sale happened at this postcode is 20 REED AVENUE: £129,000 (Sold on 30 Jun 2022)
- The first recorded sale happened at this postcode is 20 REED AVENUE: £59,500 (Sold on 15 Aug 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE12 5XH 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£94,000		1
2022	£160,000	£2,133	1
2021	£146,225	£1,975	2
2020	£129,950	£2,130	1
2019	£78,000	£1,031	1
2017	£125,000	£1,360	2
2016	£140,000	£1,556	1
2011	£88,500	£1,246	2
2009	£118,000	£1,573	1
2007	£101,500	£1,952	1
2005	£130,000	£1,444	1
2004	£90,000	£1,262	1
2003	£40,700	£171	2
2002	£60,000	£800	1
2001	£48,850	£740	4
2000	£35,950	£691	1
1998	£45,500	£623	2
1997	£31,000	£576	2
1996	£34,000	£680	1
2023	£186,000	£2,067	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£129,000	£1,767	1
2017	£91,750	£1,247	2
2016	£92,000	£1,260	1
2009	£118,500	£1,646	2
2004	£83,000	£1,137	1
2003	£59,500	£815	1

All the Sales in the REED AVENUE, NE12 5XH

See the table below for more details on the sold house prices in the NE12 5XH, North Tyneside postcode.

Address	Sold Date	Price	% Change
2 REED AVENUESemi-Detached, Freehold	21 May 2024	£94,000	-7.39%
	31 Jul 2007	£101,500	150.62%
	26 Oct 2001	£40,500	12.66%
	14 Sep 2000	£35,950	First Sale
3 REED AVENUESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-1975	30 Sep 2022	£160,000	33.33%
	31 Mar 2017	£120,000	1.69%
	25 Aug 2009	£118,000	96.67%
	28 Feb 2002	£60,000	27.66%
	31 Jul 1998	£47,000	First Sale
20 REED AVENUETerraced, FreeholdArea: 73 Sq.mtrAge: 1930-1949	30 Jun 2022	£129,000	64.33%
	23 Jan 2017	£78,500	-14.67%
	27 Oct 2016	£92,000	10.84%
	08 Oct 2004	£83,000	39.50%
	15 Aug 2003	£59,500	First Sale
5 REED AVENUESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1983-1990	06 Oct 2021	£159,950	14.25%
	24 Jun 2016	£140,000	25.00%
	22 Jul 2011	£112,000	-13.85%
	20 May 2005	£130,000	116.85%
	21 Sep 2001	£59,950	-67.77%
	01 Dec 2023	£186,000	First Sale
19 REED AVENUESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1967-1975	22 Apr 2021	£132,500	1.96%
	26 Mar 2020	£129,950	First Sale
25 REED AVENUESemi-Detached, FreeholdArea: 75.63 Sq.mtrAge: 1950-1966	18 Feb 2019	£78,000	504.65%
	03 Feb 2003	£12,900	First Sale
14 REED AVENUETerraced, FreeholdArea: 74 Sq.mtrAge: 1950-1966	14 Jul 2017	£105,000	First Sale
13 REED AVENUESemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1976-1982	09 May 2017	£130,000	First Sale
9 REED AVENUESemi-Detached, FreeholdArea: 52.1 Sq.mtrAge: 1976-1982	29 Sep 2011	£65,000	116.67%
	12 Dec 1997	£30,000	First Sale
7 REED AVENUETerraced, FreeholdArea: 72 Sq.mtrAge: 1991-1995	16 Oct 2009	£107,000	-17.69%
	10 Jul 2009	£130,000	First Sale
15 REED AVENUESemi-Detached, FreeholdArea: 71.34 Sq.mtrAge: 1983-1990	26 Mar 2004	£90,000	First Sale
11 REED AVENUESemi-Detached, Freehold	11 Jul 2003	£68,500	71.46%
	23 May 2001	£39,950	24.84%
	14 Nov 1997	£32,000	First Sale
8 REED AVENUESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1976-1982	31 Aug 2001	£55,000	25.00%
	06 Feb 1998	£44,000	First Sale
4 REED AVENUESemi-Detached, FreeholdArea: 50 Sq.mtrAge: 1983-1990	31 Jan 1996	£34,000	First Sale

Check out the sold house prices near the NE12 5XH postcode. Properties currently for saleProperties currently for rent

REED AVENUE, NE12 5XH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE12 5XH 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 NE12 5XH postcode.

Terraced
- The average price is around £79,115 median price is £80,000 Standard Deviation is £36,365 with Total Sold: 686
- The Last 5 Year average price is £103,210 with Total Sold: 118
- The most recent sale happened at this postcode is , 14 CAMPERDOWN AVENUE: £112,500 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 5 MALLARD COURT: £18,000 (Sold on 25 Jan 1995)
Semi-Detached
- The average price is around £94,391 median price is £90,250 Standard Deviation is £41,622 with Total Sold: 880
- The Last 5 Year average price is £138,886 with Total Sold: 121
- The most recent sale happened at this postcode is , 6 ALGERNON: £153,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 6 COWANS AVENUE: £38,200 (Sold on 24 Mar 1995)
Flat
- The average price is around £63,799 median price is £59,975 Standard Deviation is £33,243 with Total Sold: 192
- The Last 5 Year average price is £81,460 with Total Sold: 21
- The most recent sale happened at this postcode is , 2 CULLODEN WALK: £115,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 62 BANNOCKBURN: £29,950 (Sold on 16 May 1995)
Other
- The average price is around £173,013 median price is £116,000 Standard Deviation is £201,265 with Total Sold: 44
- The Last 5 Year average price is £192,983 with Total Sold: 23
- The most recent sale happened at this postcode is , 17 DOVE CLOSE: £122,000 (Sold on 29 Feb 2024)
- The first recorded sale happened at this postcode is , 1 MYLORD CRESCENT: £25,000 (Sold on 21 Nov 2014)
Detached
- The average price is around £151,014 median price is £155,000 Standard Deviation is £60,117 with Total Sold: 210
- The Last 5 Year average price is £241,951 with Total Sold: 21
- The most recent sale happened at this postcode is , 14 GREENHILLS: £350,000 (Sold on 10 Oct 2022)
- The first recorded sale happened at this postcode is , 1 WEETSLADE TERRACE: £44,500 (Sold on 17 Jan 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£117,850	£1,529	10
2023	£108,656	£1,448	24
2022	£112,538	£1,502	20
2021	£105,703	£1,457	24
2020	£87,761	£1,257	19
2019	£92,262	£1,273	21
2018	£92,616	£1,201	25
2017	£88,617	£1,278	29
2016	£103,680	£1,342	25
2015	£93,881	£1,313	23
2014	£83,357	£1,097	21
2013	£96,475	£1,415	12
2012	£89,169	£1,258	12
2011	£90,354	£1,114	14
2010	£102,836	£1,356	11
2009	£90,778	£1,401	16
2008	£98,911	£1,249	19
2007	£104,686	£1,441	45
2006	£90,039	£1,182	27
2005	£92,809	£1,394	37
2004	£88,483	£1,352	29
2003	£56,328	£935	29
2002	£50,088	£747	32
2001	£40,387	£644	40
2000	£34,902	£498	26
1999	£41,898	£662	33
1998	£45,433	£783	30
1997	£36,683	£560	12
1996	£29,650	£490	13
1995	£34,869	£433	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£142,455	£2,553	11
2023	£155,525	£2,182	18
2022	£141,611	£1,951	22
2021	£145,584	£2,197	22
2020	£118,420	£1,852	22
2019	£135,200	£1,793	26
2018	£124,259	£1,717	27
2017	£123,269	£1,850	21
2016	£129,656	£1,720	16
2015	£118,668	£1,795	20
2014	£100,819	£1,462	11
2013	£124,372	£1,796	16
2012	£103,342	£1,705	13
2011	£109,921	£1,686	17
2010	£107,117	£1,528	18
2009	£114,294	£1,629	17
2008	£125,123	£1,940	22
2007	£123,816	£1,790	41
2006	£121,625	£1,821	38
2005	£121,859	£1,862	38
2004	£107,551	£1,686	52
2003	£89,602	£1,281	49
2002	£69,408	£1,014	51
2001	£53,826	£803	57
2000	£49,213	£790	24
1999	£55,298	£864	58
1998	£56,030	£849	94
1997	£45,225	£715	28
1996	£34,721	£453	24
1995	£36,850	£513	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£115,000		1
2023	£99,643	£1,619	7
2022	£83,500	£1,160	5
2021	£92,000	£1,484	1
2020	£35,000	£700	1
2019	£58,942	£1,023	6
2018	£80,833	£1,146	3
2017	£84,800	£1,512	5
2016	£69,650	£1,244	3
2015	£65,742	£1,201	6
2014	£109,333	£1,728	3
2013	£68,750	£1,433	2
2012	£70,333	£1,250	3
2010	£98,983	£1,430	3
2009	£76,833	£1,423	3
2008	£88,389	£1,315	9
2007	£97,172	£1,637	9
2006	£88,311	£1,571	15
2005	£88,633	£1,224	9
2004	£79,531	£1,398	13
2003	£61,996	£993	12
2002	£44,850	£756	11
2001	£35,734	£588	16
2000	£34,668	£590	11
1999	£30,672	£568	9
1998	£25,675	£476	8
1997	£32,772	£550	9
1996	£30,400	£494	6
1995	£29,783	£576	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£122,000	£1,470	1
2023	£6,800	£113	1
2022	£95,133	£1,102	6
2021	£149,725	£835	9
2020	£433,565		3
2019	£363,600	£4	3
2018	£207,057	£899	9
2017	£83,788	£104	4
2016	£137,325	£101	4
2015	£133,667		3
2014	£25,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£278,000	£2,630	5
2021	£256,998	£2,670	8
2020	£198,400	£2,087	5
2019	£214,333	£2,464	3
2018	£168,000	£1,630	3
2017	£181,749	£1,846	4
2016	£187,500	£2,305	2
2015	£195,750	£2,056	8
2014	£171,600	£1,963	5
2013	£178,833	£2,335	3
2012	£167,667	£1,962	3
2011	£238,000	£2,071	1
2010	£189,000	£2,096	5
2009	£171,658	£1,817	6
2008	£148,000	£1,538	4
2007	£215,100	£2,066	10
2006	£193,050	£2,136	9
2005	£185,000	£2,183	4
2004	£197,571	£1,834	7
2003	£163,883	£1,685	27
2002	£130,153	£1,499	16
2001	£93,108	£1,002	12
2000	£89,993	£960	7
1999	£93,638	£941	20
1998	£83,321	£901	24
1997	£71,822	£793	8
1996	£44,500		1

House Type in NE12 5XH area

The most common house types in the NE12 5XH postcode area are Semi-detached (91), Terraced (35), and Detached (2).

Total	128
Semi-detached	91
Terraced	35
Detached	2
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (55), and Owned: Owns outright (32).

Social rented: Rents from council or Local Authority	55
Owned: Owns outright	32
Owned: Owns with a mortgage or loan	29
Private rented: Private landlord or letting agency	10
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE12 5XH have 1 person in household (43), and 2 people in household (37).

1 person in household	43
2 people in household	37
3 people in household	21
4 people in household	18
5 people in household	8
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0