Housing Market Analysis for OAK GROVE, NE12 7LE

Are you looking to understand NE12 7LE 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 7LE area, explore the NE12 7LE Area information page.
For comprehensive crime statistics in the NE12 7LE area, explore the NE12 7LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE12 7LE postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £66,950 median price is £75,750 Standard Deviation is £25,840 with Total Sold: 12
    • The Last 5 Year average price is £82,975 with Total Sold: 2
    • The most recent sale happened at this postcode is 18 OAK GROVE: £99,950 (Sold on 20 Jan 2023)
    • The first recorded sale happened at this postcode is 17 OAK GROVE: £14,950 (Sold on 02 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE12 7LE 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£99,950 £1,723 1
2021£66,000 £1,100 1
2018£78,500 £1,308 1
2015£79,000 £1,000 1
2011£71,000 £1,076 1
2007£81,000 £1,266 1
2006£89,000 £1,293 2
2005£73,000 £1,217 1
2002£36,500 £553 1
2001£25,500 £425 1
1997£14,950 £227 1

All the Sales in the OAK GROVE, NE12 7LE

See the table below for more details on the sold house prices in the NE12 7LE, North Tyneside postcode.

AddressSold DatePrice% Change
18 OAK GROVETerraced, FreeholdArea: 58 Sq.mtrAge: 1950-196620 Jan 2023£99,95023.40%
08 Jun 2007£81,000First Sale
3 OAK GROVETerraced, FreeholdArea: 60 Sq.mtrAge: 1950-196615 Jan 2021£66,000First Sale
7 OAK GROVETerraced, FreeholdArea: 60 Sq.mtrAge: 1930-194926 Feb 2018£78,500-5.42%
15 Dec 2006£83,00013.70%
04 Feb 2005£73,000186.27%
09 Nov 2001£25,500First Sale
1 OAK GROVETerraced, FreeholdArea: 79 Sq.mtrAge: 1930-194901 Apr 2015£79,000-16.84%
28 Apr 2006£95,000First Sale
17 OAK GROVETerraced, FreeholdArea: 66 Sq.mtrAge: 1930-194904 Nov 2011£71,00094.52%
19 Apr 2002£36,500144.15%
02 Sep 1997£14,950First Sale

Check out the sold house prices near the NE12 7LE postcode. Properties currently for saleProperties currently for rent

OAK GROVE, NE12 7LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE12 7LE 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 7LE postcode.

  • Semi-Detached
    • The average price is around £128,445 median price is £117,250 Standard Deviation is £82,667 with Total Sold: 1,282
    • The Last 5 Year average price is £189,404 with Total Sold: 224
    • The most recent sale happened at this postcode is , 40 WEARDALE AVENUE: £257,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 38 FIRTREE CRESCENT: £47,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £115,594 median price is £105,000 Standard Deviation is £66,343 with Total Sold: 728
    • The Last 5 Year average price is £165,928 with Total Sold: 123
    • The most recent sale happened at this postcode is , 7 WHITFIELD ROAD: £365,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 WHITFIELD ROAD: £60,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £93,786 median price is £90,000 Standard Deviation is £48,003 with Total Sold: 302
    • The Last 5 Year average price is £115,482 with Total Sold: 37
    • The most recent sale happened at this postcode is , 36 ELMCROFT ROAD: £121,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is 1, FOREST VILLA PARK DRIVE: £31,000 (Sold on 01 Mar 1995)
  • Other
    • The average price is around £527,289 median price is £134,000 Standard Deviation is £1,782,117 with Total Sold: 38
    • The Last 5 Year average price is £153,058 with Total Sold: 26
    • The most recent sale happened at this postcode is , 34 ELMCROFT ROAD: £121,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , 6 STATION ROAD NORTH: £2,350,000 (Sold on 10 Jul 2015)
  • Detached
    • The average price is around £185,279 median price is £169,000 Standard Deviation is £114,584 with Total Sold: 315
    • The Last 5 Year average price is £287,078 with Total Sold: 39
    • The most recent sale happened at this postcode is , 97 WOODLEA: £220,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 24 CLOUSDEN GRANGE: £94,000 (Sold on 17 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£233,345 £2,169 16
2023£223,643 £2,394 35
2022£189,862 £2,165 37
2021£172,098 £2,009 52
2020£187,697 £1,946 37
2019£169,080 £1,801 47
2018£186,991 £1,909 31
2017£197,582 £1,924 36
2016£163,664 £1,786 46
2015£154,565 £1,749 49
2014£164,189 £1,633 45
2013£146,550 £1,587 34
2012£144,959 £1,693 22
2011£129,422 £1,515 30
2010£169,248 £1,548 24
2009£137,624 £1,678 21
2008£160,816 £1,791 22
2007£163,089 £1,686 57
2006£159,599 £1,675 54
2005£144,784 £1,498 50
2004£124,304 £1,401 63
2003£106,381 £1,154 54
2002£76,020 £929 55
2001£61,597 £727 63
2000£64,947 £713 59
1999£55,939 £661 63
1998£63,239 £578 43
1997£55,650 £706 63
1996£54,647 £600 46
1995£50,321 £496 28
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,8005
2023£167,348 £1,950 27
2022£162,870 £1,739 22
2021£181,613 £1,906 30
2020£151,779 £1,975 17
2019£155,000 £1,672 22
2018£159,862 £1,914 31
2017£163,585 £1,677 30
2016£143,029 £1,416 17
2015£137,034 £1,432 19
2014£125,287 £1,465 26
2013£122,273 £1,407 20
2012£125,033 £1,432 15
2011£117,155 £1,454 19
2010£144,121 £1,442 17
2009£125,162 £1,521 17
2008£131,779 £1,523 17
2007£139,316 £1,543 32
2006£145,883 £1,607 42
2005£132,574 £1,603 27
2004£120,211 £1,550 23
2003£105,384 £1,177 32
2002£71,247 £893 33
2001£62,802 £727 33
2000£54,320 £727 45
1999£51,306 £575 24
1998£45,869 £435 21
1997£44,499 £614 26
1996£42,060 £461 21
1995£45,448 £466 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,500 £2,051 2
2023£130,333 £1,858 6
2022£121,139 £1,732 9
2021£117,633 £1,852 12
2020£120,000 £2,667 1
2019£85,429 £1,490 7
2018£99,519 £1,989 49
2017£96,033 £1,810 15
2016£113,889 £1,697 9
2015£92,827 £1,462 13
2014£105,417 £1,434 9
2013£104,917 £1,671 6
2012£72,500 £1,405 3
2011£101,750 £1,863 4
2010£147,473 £2,195 11
2009£89,000 £1,306 2
2008£119,753 £2,075 5
2007£128,927 £2,052 15
2006£129,679 £1,942 19
2005£108,428 £1,621 9
2004£86,545 £1,351 10
2003£72,929 £1,508 12
2002£72,329 £1,334 33
2001£40,506 £543 9
2000£33,988 £512 4
1999£30,450 £488 8
1998£34,986 £638 8
1997£31,618 £448 8
1996£30,317 £452 3
1995£31,000 £541 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£121,000 £2,689 1
2023£147,5001
2022£189,562 £2,039 8
2021£191,000 £2,323 5
2020£123,140 £631 5
2019£103,967 £1,420 6
2018£321,890 £1,720 5
2017£2,385,210 £75,942 5
2016£172,0001
2015£2,350,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£221,250 £2,472 2
2022£350,096 £2,962 11
2021£329,000 £2,488 7
2020£231,944 £2,254 9
2019£251,200 £2,266 10
2018£269,250 £2,634 8
2017£265,932 £2,276 14
2016£316,119 £2,047 8
2015£259,438 £2,336 8
2014£217,838 £2,183 13
2013£232,950 £1,767 10
2012£200,000 £1,653 1
2011£212,000 £2,091 9
2010£220,400 £2,036 8
2009£250,314 £2,095 7
2008£206,250 £2,587 4
2007£272,450 £2,273 10
2006£255,909 £1,805 17
2005£207,612 £1,651 8
2004£192,838 £1,959 13
2003£171,550 £1,528 10
2002£159,700 £1,109 12
2001£104,743 £903 14
2000£90,168 £924 25
1999£79,674 £582 12
1998£85,025 £924 12
1997£87,078 £837 30
1996£82,835 £764 12
1995£81,582 £726 11

House Type in NE12 7LE area

The most common house types in the NE12 7LE postcode area are Terraced (83), Flat (28), and Shared house (14).

Total132
Terraced83
Flat28
Shared house14
Semi-detached6
Detached1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (35), and Social rented: Other social rented (32).

Social rented: Rents from council or Local Authority35
Social rented: Other social rented32
Owned: Owns outright25
Owned: Owns with a mortgage or loan25
Private rented: Private landlord or letting agency15
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE12 7LE have 2 people in household (55), and 1 person in household (49).

2 people in household55
1 person in household49
3 people in household21
4 people in household8
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0