Housing Market Analysis for BENWELL CLOSE, NE15 6RZ

Are you looking to understand NE15 6RZ 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 Newcastle upon Tyne postcode.

For the location information and nearby amenities in the NE15 6RZ area, explore the NE15 6RZ Area information page.
For comprehensive crime statistics in the NE15 6RZ area, explore the NE15 6RZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE15 6RZ postcode area, The average prices are as follows,

Flat
- The average price is around £43,615 median price is £45,700 Standard Deviation is £16,998 with Total Sold: 13
- The Last 5 Year average price is £44,850 with Total Sold: 2
- The most recent sale happened at this postcode is 54, BENWELL GRANGE BENWELL CLOSE: £45,700 (Sold on 11 Apr 2023)
- The first recorded sale happened at this postcode is 50, BENWELL GRANGE BENWELL CLOSE: £11,000 (Sold on 14 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 6RZ 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

Year	Avg. Price	Sold
2023	£45,700	1
2019	£44,000	1
2016	£44,000	2
2014	£40,000	1
2009	£60,000	1
2008	£64,000	2
2007	£50,000	1
2005	£12,800	1
2004	£43,750	2
1997	£11,000	1

All the Sales in the BENWELL CLOSE, NE15 6RZ

See the table below for more details on the sold house prices in the NE15 6RZ, Newcastle upon Tyne postcode.

Address	Sold Date	Price	% Change
54, BENWELL GRANGE BENWELL CLOSEFlat, Leasehold	11 Apr 2023	£45,700	First Sale
57, BENWELL GRANGE BENWELL CLOSEFlat, Leasehold	18 Jul 2019	£44,000	8.64%
57, BENWELL GRANGE BENWELL CLOSEFlat, Leasehold	15 Jan 2016	£40,500	First Sale
45, BENWELL GRANGE BENWELL CLOSEFlat, Leasehold	30 Mar 2016	£47,500	First Sale
77, BENWELL GRANGE BENWELL CLOSEFlat, Leasehold	19 Dec 2014	£40,000	-33.33%
	10 Nov 2009	£60,000	0.0
	23 Dec 2004	£60,000	First Sale
26, BENWELL GRANGE BENWELL CLOSEFlat, Leasehold	04 Apr 2008	£60,000	118.18%
26, BENWELL GRANGE BENWELL CLOSEFlat, Leasehold	25 Oct 2004	£27,500	First Sale
24, BENWELL GRANGE BENWELL CLOSEFlat, Leasehold	25 Jan 2008	£68,000	First Sale
50, BENWELL GRANGE BENWELL CLOSEFlat, Leasehold	08 Oct 2007	£50,000	290.62%
	14 Sep 2005	£12,800	16.36%
	14 Apr 1997	£11,000	First Sale

Check out the sold house prices near the NE15 6RZ postcode. Properties currently for saleProperties currently for rent

BENWELL CLOSE, NE15 6RZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE15 6RZ 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 NE15 6RZ postcode.

Semi-Detached
- The average price is around £77,143 median price is £79,975 Standard Deviation is £39,293 with Total Sold: 542
- The Last 5 Year average price is £113,227 with Total Sold: 106
- The most recent sale happened at this postcode is , 29 WESTHOLME GARDENS: £106,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 13 SPRINGHILL GARDENS: £27,000 (Sold on 20 Jan 1995)
Other
- The average price is around £256,516 median price is £85,000 Standard Deviation is £1,012,789 with Total Sold: 67
- The Last 5 Year average price is £310,358 with Total Sold: 44
- The most recent sale happened at this postcode is , 190 ARMSTRONG ROAD: £80,000 (Sold on 11 Jun 2024)
- The first recorded sale happened at this postcode is , 72 ELLESMERE ROAD: £60,000 (Sold on 09 Jun 2006)
Terraced
- The average price is around £60,033 median price is £56,250 Standard Deviation is £35,828 with Total Sold: 662
- The Last 5 Year average price is £93,107 with Total Sold: 77
- The most recent sale happened at this postcode is , 206 ARMSTRONG ROAD: £80,000 (Sold on 11 Jun 2024)
- The first recorded sale happened at this postcode is , 23 BERTRAM CRESCENT: £25,000 (Sold on 14 Feb 1995)
Flat
- The average price is around £42,148 median price is £40,000 Standard Deviation is £32,966 with Total Sold: 639
- The Last 5 Year average price is £55,951 with Total Sold: 66
- The most recent sale happened at this postcode is , 7 WESTHOLME GARDENS: £95,000 (Sold on 06 Mar 2024)
- The first recorded sale happened at this postcode is , 50 BENWELL DENE TERRACE: £5,000 (Sold on 10 Jan 1995)
Detached
- The average price is around £145,803 median price is £164,950 Standard Deviation is £69,479 with Total Sold: 21
- The Last 5 Year average price is £211,600 with Total Sold: 5
- The most recent sale happened at this postcode is , 211 ARMSTRONG ROAD: £210,000 (Sold on 24 Feb 2023)
- The first recorded sale happened at this postcode is THE LODGE, BENWELL TOWERS BENWELL LANE: £35,000 (Sold on 19 May 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£114,071	£1,719	7
2023	£124,404	£1,562	24
2022	£130,969	£1,779	21
2021	£100,995	£1,401	23
2020	£103,323	£1,208	14
2019	£99,888	£1,106	17
2018	£98,529	£1,198	17
2017	£109,410	£1,264	19
2016	£79,708	£1,099	19
2015	£119,886	£1,324	25
2014	£90,279	£1,075	17
2013	£83,950	£1,030	16
2012	£76,730	£1,019	10
2011	£83,900	£984	4
2010	£87,750	£1,181	6
2009	£87,743	£1,244	14
2008	£86,713	£1,075	16
2007	£113,589	£1,527	19
2006	£100,731	£1,283	16
2005	£84,605	£1,406	21
2004	£82,155	£1,122	19
2003	£59,905	£759	38
2002	£46,266	£583	22
2001	£35,380	£482	23
2000	£28,314	£287	14
1999	£29,834	£356	19
1998	£28,939	£351	22
1997	£26,519	£259	16
1996	£23,449	£296	17
1995	£28,991	£385	27

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£119,250	£2,462	4
2023	£218,750	£1,581	12
2022	£107,688	£1,168	8
2021	£81,375	£902	10
2020	£2,154,500	£42,887	4
2019	£43,417	£632	6
2018	£70,383	£784	12
2017	£313,281	£1,229	8
2016	£59,975	£1,514	2
2006	£60,000	£901	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£106,714	£1,535	7
2023	£95,635	£1,343	11
2022	£89,885	£1,146	15
2021	£109,119	£1,166	13
2020	£94,083	£1,134	18
2019	£69,996	£931	13
2018	£79,425	£871	20
2017	£91,053	£1,006	18
2016	£79,778	£861	9
2015	£80,493	£806	22
2014	£80,469	£897	16
2013	£67,861	£801	9
2012	£76,357	£942	7
2011	£57,933	£669	15
2010	£70,955	£852	11
2009	£69,358	£1,052	18
2008	£61,346	£1,063	10
2007	£97,679	£1,439	36
2006	£81,435	£1,090	48
2005	£69,324	£971	50
2004	£53,082	£759	65
2003	£43,505	£589	54
2002	£26,901	£362	53
2001	£26,261	£333	28
2000	£22,250	£247	22
1999	£25,650	£214	11
1998	£22,208	£256	13
1997	£18,073	£228	22
1996	£20,029	£231	12
1995	£22,625	£253	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£65,333	£797	3
2023	£58,569	£879	24
2022	£62,500	£974	9
2021	£54,839	£841	14
2020	£47,090	£680	5
2019	£47,768	£739	11
2018	£47,474	£650	8
2017	£47,227	£721	13
2016	£38,900	£564	10
2015	£49,375	£685	8
2014	£48,240	£661	15
2013	£49,000	£685	8
2012	£43,333	£695	9
2011	£54,069	£766	14
2010	£55,775	£884	10
2009	£45,750	£689	28
2008	£59,319	£952	26
2007	£76,638	£1,056	40
2006	£64,725	£1,058	70
2005	£42,939	£730	64
2004	£40,812	£615	65
2003	£24,400	£403	32
2002	£19,217	£307	41
2001	£11,937	£144	31
2000	£15,785	£152	20
1999	£11,708	£136	12
1998	£7,000	£82	3
1997	£12,132	£305	11
1996	£6,719	£99	21
1995	£9,336	£144	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£210,000	£2,079	1
2022	£200,000	£1,980	1
2021	£163,000	£2,362	1
2019	£242,500	£1,584	2
2018	£139,995	£2,029	1
2017	£159,088	£1,698	4
2015	£167,817	£1,656	3
2011	£174,950		1
2010	£100,875	£635	3
2001	£165,000		1
1999	£23,250	£286	2
1995	£35,000	£376	1

House Type in NE15 6RZ area

The most common house types in the NE15 6RZ postcode area are Flat (66), Semi-detached (46), and Terraced (1).

Total	113
Flat	66
Semi-detached	46
Terraced	1
Detached	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: Other social rented (56), and Owned: Owns outright (24).

Social rented: Other social rented	56
Owned: Owns outright	24
Private rented: Private landlord or letting agency	15
Owned: Owns with a mortgage or loan	12
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE15 6RZ have 1 person in household (52), and 2 people in household (36).

1 person in household	52
2 people in household	36
3 people in household	17
4 people in household	7
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0