Housing Market Analysis for PENNINE WAY, NE12 8TA

Are you looking to understand NE12 8TA 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 8TA area, explore the NE12 8TA Area information page.
For comprehensive crime statistics in the NE12 8TA area, explore the NE12 8TA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE12 8TA postcode area, The average prices are as follows,

  • Flat
    • The average price is around £56,960 median price is £85,000 Standard Deviation is £35,405 with Total Sold: 5
    • The Last 5 Year average price is £86,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 PENNINE WAY: £85,000 (Sold on 11 Feb 2022)
    • The first recorded sale happened at this postcode is 2 PENNINE WAY: £11,300 (Sold on 12 Jan 2004)
  • Terraced
    • The average price is around £92,000 median price is £86,000 Standard Deviation is £15,937 with Total Sold: 4
    • The most recent sale happened at this postcode is 42 PENNINE WAY: £118,000 (Sold on 14 Apr 2016)
    • The first recorded sale happened at this postcode is 42 PENNINE WAY: £92,000 (Sold on 01 Dec 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE12 8TA 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£85,000 £1,393 1
2021£87,500 £1,367 1
2017£85,000 £1,328 1
2005£16,000 £284 1
2004£11,300 £177 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£118,000 £1,180 1
2011£78,000 £937 1
2005£80,000 £1,000 1
2004£92,000 £920 1

All the Sales in the PENNINE WAY, NE12 8TA

See the table below for more details on the sold house prices in the NE12 8TA, North Tyneside postcode.

AddressSold DatePrice% Change
8 PENNINE WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 1950-196611 Feb 2022£85,000First Sale
2 PENNINE WAYFlat, LeaseholdArea: 64 Sq.mtrAge: 1967-197517 Feb 2021£87,5002.94%
08 Dec 2017£85,000652.21%
12 Jan 2004£11,300First Sale
42 PENNINE WAYTerraced, FreeholdArea: 100 Sq.mtrAge: 1967-197514 Apr 2016£118,00028.26%
01 Dec 2004£92,000First Sale
37 PENNINE WAYTerraced, FreeholdArea: 83.26 Sq.mtrAge: 1976-198226 Oct 2011£78,000First Sale
38 PENNINE WAYTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-196605 Sep 2005£80,000First Sale
3 PENNINE WAYFlat, LeaseholdArea: 56.3 Sq.mtrAge: 1976-198207 Mar 2005£16,000First Sale

Check out the sold house prices near the NE12 8TA postcode. Properties currently for saleProperties currently for rent

PENNINE WAY, NE12 8TA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE12 8TA 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 8TA postcode.

  • Terraced
    • The average price is around £124,241 median price is £130,000 Standard Deviation is £38,096 with Total Sold: 1,333
    • The Last 5 Year average price is £155,868 with Total Sold: 239
    • The most recent sale happened at this postcode is , 12 AYDON GARDENS: £162,500 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 38 BLACKDOWN CLOSE: £15,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £132,780 median price is £142,452 Standard Deviation is £40,658 with Total Sold: 824
    • The Last 5 Year average price is £172,869 with Total Sold: 111
    • The most recent sale happened at this postcode is , 21 QUEENSBURY GATE: £210,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 31 MENDIP WAY: £38,500 (Sold on 12 May 1995)
  • Other
    • The average price is around £853,027 median price is £152,000 Standard Deviation is £1,305,646 with Total Sold: 21
    • The Last 5 Year average price is £900,681 with Total Sold: 13
    • The most recent sale happened at this postcode is , ST PETER & PAUL PRESBYTERY BENTON LANE: £600,000 (Sold on 18 Apr 2024)
    • The first recorded sale happened at this postcode is , 5 CAWFIELDS COURT: £140,000 (Sold on 24 Dec 2014)
  • Flat
    • The average price is around £81,096 median price is £79,000 Standard Deviation is £31,444 with Total Sold: 397
    • The Last 5 Year average price is £89,991 with Total Sold: 85
    • The most recent sale happened at this postcode is , 73 WEST FARM AVENUE: £85,000 (Sold on 22 Jan 2024)
    • The first recorded sale happened at this postcode is , 47 LEALHOLM ROAD: £35,500 (Sold on 15 Feb 1995)
  • Detached
    • The average price is around £170,894 median price is £180,000 Standard Deviation is £51,006 with Total Sold: 87
    • The Last 5 Year average price is £229,208 with Total Sold: 12
    • The most recent sale happened at this postcode is , 8 MAYBURY VILLAS: £230,000 (Sold on 12 Jan 2024)
    • The first recorded sale happened at this postcode is , 33 FAIRFIELD: £66,500 (Sold on 01 Nov 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£172,83322
2023£171,422 £2,302 37
2022£165,988 £2,260 42
2021£152,093 £1,987 58
2020£149,552 £1,997 31
2019£136,297 £1,841 49
2018£141,488 £1,942 52
2017£138,503 £1,911 52
2016£138,283 £1,845 65
2015£132,390 £1,810 56
2014£129,158 £1,702 61
2013£127,130 £1,702 37
2012£112,329 £1,534 31
2011£118,692 £1,586 26
2010£121,530 £1,726 26
2009£126,937 £1,816 46
2008£132,965 £1,850 41
2007£136,215 £1,935 78
2006£140,397 £2,005 77
2005£125,297 £1,830 87
2004£119,675 £1,758 112
2003£103,047 £1,564 75
2002£78,011 £1,229 69
2001£59,967 £905 58
2000£35,777 £432 14
1999£35,400 £415 3
1998£31,785 £513 10
1997£33,071 £385 7
1996£31,208 £363 6
1995£25,000 £339 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,8005
2023£186,311 £2,678 22
2022£179,653 £2,383 17
2021£167,662 £2,209 25
2020£176,132 £2,318 17
2019£156,030 £2,198 25
2018£159,043 £2,055 22
2017£154,290 £2,035 40
2016£153,107 £1,976 36
2015£146,784 £1,854 33
2014£137,192 £1,867 20
2013£143,463 £1,895 15
2012£132,710 £1,814 21
2011£130,800 £1,769 22
2010£142,362 £1,827 21
2009£137,371 £1,784 19
2008£142,723 £2,066 26
2007£150,166 £2,094 67
2006£144,131 £1,980 58
2005£143,148 £1,997 69
2004£128,100 £1,773 63
2003£106,064 £1,469 44
2002£84,739 £1,238 53
2001£71,228 £1,014 46
2000£47,086 £639 7
1999£37,156 £494 9
1998£36,8754
1997£38,800 £259 5
1996£38,500 £833 5
1995£40,556 £331 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£600,0001
2023£976,667 £2,716 3
2022£1,895,617 £2,358 3
2021£70,000 £1,052 1
2020£135,250 £2,110 2
2019£717,167 £14,217 3
2018£215,000 £2,905 2
2017£1,495,560 £1,047 3
2016£152,000 £2,225 1
2015£996,044 £10,164 1
2014£140,000 £2,059 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£85,000 £1,232 1
2023£86,797 £1,379 25
2022£99,675 £1,574 22
2021£93,353 £1,493 18
2020£71,955 £1,157 11
2019£91,200 £1,490 8
2018£83,692 £1,313 13
2017£86,028 £1,306 16
2016£80,879 £1,260 17
2015£85,966 £1,326 16
2014£76,529 £1,209 25
2013£85,492 £1,394 9
2012£71,161 £1,126 9
2011£74,417 £1,147 6
2010£88,933 £1,366 9
2009£83,900 £1,304 10
2008£83,797 £1,450 15
2007£107,448 £1,717 39
2006£116,561 £1,856 22
2005£79,162 £1,267 33
2004£63,950 £1,051 10
2003£62,015 £997 12
2002£50,818 £981 14
2001£41,278 £668 9
2000£34,775 £493 6
1999£24,750 £536 2
1998£28,000 £518 3
1997£24,750 £441 4
1996£31,750 £320 6
1995£28,500 £487 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,000 £3,026 1
2023£263,333 £2,853 3
2022£275,000 £3,056 1
2021£171,000 £1,710 2
2020£218,375 £2,458 4
2019£240,000 £2,581 1
2018£199,125 £2,507 4
2017£198,500 £1,941 2
2016£195,246 £2,372 4
2015£157,179 £1,735 7
2014£206,000 £2,060 1
2013£182,000 £2,225 2
2012£193,500 £2,275 2
2011£185,0001
2010£177,300 £1,959 3
2009£148,225 £1,948 5
2008£201,500 £2,206 4
2007£163,225 £1,884 4
2006£180,250 £1,852 4
2005£176,372 £2,057 16
2004£156,899 £1,930 5
2003£135,000 £1,824 1
2001£85,400 £1,099 3
2000£59,950 £645 1
1999£59,0001
1998£74,250 £858 2
1997£58,000 £660 2
1996£66,5001

House Type in NE12 8TA area

The most common house types in the NE12 8TA postcode area are Flat (82), Semi-detached (32), and Terraced (22).

Total137
Flat82
Semi-detached32
Terraced22
Detached1
Shared house0
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 (66), and Social rented: Other social rented (23).

Social rented: Rents from council or Local Authority66
Social rented: Other social rented23
Owned: Owns outright17
Owned: Owns with a mortgage or loan14
Private rented: Private landlord or letting agency9
Shared ownership: Shared ownership5
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE12 8TA have 1 person in household (86), and 2 people in household (29).

1 person in household86
2 people in household29
3 people in household12
4 people in household6
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0