Housing Market Analysis for SOUTHWAY, NE15 7RA

Are you looking to understand NE15 7RA 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 7RA area, explore the NE15 7RA Area information page.
For comprehensive crime statistics in the NE15 7RA area, explore the NE15 7RA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE15 7RA postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £100,107 median price is £101,100 Standard Deviation is £32,032 with Total Sold: 15
    • The Last 5 Year average price is £120,157 with Total Sold: 7
    • The most recent sale happened at this postcode is 1 SOUTHWAY: £145,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is 9 SOUTHWAY: £45,000 (Sold on 05 Feb 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 7RA 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,0001
2023£123,500 £1,413 2
2022£110,000 £1,486 1
2021£113,033 £1,435 3
2016£105,000 £1,531 1
2014£118,000 £1,553 1
2012£79,250 £1,084 2
2011£99,000 £1,303 1
2007£90,000 £996 1
2002£45,000 £625 1
1999£45,0001

All the Sales in the SOUTHWAY, NE15 7RA

See the table below for more details on the sold house prices in the NE15 7RA, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
1 SOUTHWAYSemi-Detached, Freehold31 Jul 2024£145,00043.42%
04 Aug 2021£101,100First Sale
7 SOUTHWAYSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1967-197526 Sep 2023£165,000First Sale
19 SOUTHWAYSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1967-197514 Jul 2023£82,000First Sale
41 SOUTHWAYSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1983-199002 Aug 2022£110,000First Sale
15 SOUTHWAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196616 Jul 2021£118,000First Sale
37 SOUTHWAYSemi-Detached, FreeholdArea: 90.34 Sq.mtrAge: 1983-199005 Feb 2021£120,00033.33%
26 Oct 2007£90,000First Sale
3 SOUTHWAYSemi-Detached, FreeholdArea: 68.58 Sq.mtrAge: 1930-194930 Sep 2016£105,000First Sale
11 SOUTHWAYSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-194904 Apr 2014£118,00019.19%
30 Sep 2011£99,000First Sale
43 SOUTHWAYSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-196604 Apr 2012£61,500First Sale
14 SOUTHWAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-196610 Feb 2012£97,000115.56%
13 Dec 2002£45,000First Sale
9 SOUTHWAYSemi-Detached, Freehold05 Feb 1999£45,000First Sale

Check out the sold house prices near the NE15 7RA postcode. Properties currently for saleProperties currently for rent

SOUTHWAY, NE15 7RA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE15 7RA 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 7RA postcode.

  • Semi-Detached
    • The average price is around £96,988 median price is £100,000 Standard Deviation is £44,692 with Total Sold: 1,238
    • The Last 5 Year average price is £139,054 with Total Sold: 238
    • The most recent sale happened at this postcode is , 22 HILLSIDE AVENUE: £145,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 50 BROADWAY: £45,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £58,377 median price is £63,000 Standard Deviation is £23,623 with Total Sold: 208
    • The Last 5 Year average price is £71,982 with Total Sold: 40
    • The most recent sale happened at this postcode is , 74 AVALON DRIVE: £84,950 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 27 HARLE CLOSE: £27,750 (Sold on 24 Jan 1995)
  • Terraced
    • The average price is around £106,748 median price is £112,000 Standard Deviation is £46,698 with Total Sold: 670
    • The Last 5 Year average price is £143,198 with Total Sold: 124
    • The most recent sale happened at this postcode is , 21 CROSSLAW: £71,000 (Sold on 01 Jul 2024)
    • The first recorded sale happened at this postcode is , 97 SOUTHWAY: £42,000 (Sold on 04 Jan 1995)
  • Other
    • The average price is around £241,097 median price is £142,000 Standard Deviation is £285,162 with Total Sold: 21
    • The Last 5 Year average price is £273,748 with Total Sold: 10
    • The most recent sale happened at this postcode is , 711 WEST ROAD: £100,000 (Sold on 26 Feb 2024)
    • The first recorded sale happened at this postcode is , THE JOHN GILPIN THE BURNSIDE: £237,500 (Sold on 18 Jun 2014)
  • Detached
    • The average price is around £163,762 median price is £173,995 Standard Deviation is £64,410 with Total Sold: 79
    • The Last 5 Year average price is £198,498 with Total Sold: 30
    • The most recent sale happened at this postcode is , 8 HENSALL CLOSE: £217,500 (Sold on 15 Jan 2024)
    • The first recorded sale happened at this postcode is , 90 SOUTH VIEW: £95,000 (Sold on 03 Aug 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£152,798 £1,797 21
2023£146,594 £1,787 42
2022£142,038 £1,777 38
2021£139,194 £1,680 57
2020£133,127 £1,620 37
2019£127,254 £1,575 43
2018£133,517 £1,594 44
2017£122,746 £1,429 38
2016£114,610 £1,429 50
2015£119,145 £1,492 40
2014£113,760 £1,370 35
2013£103,371 £1,248 34
2012£97,887 £1,197 27
2011£105,259 £1,314 28
2010£98,443 £1,246 27
2009£105,276 £1,325 36
2008£128,926 £1,505 21
2007£124,406 £1,508 51
2006£123,474 £1,430 41
2005£120,726 £1,501 45
2004£107,560 £1,436 39
2003£79,928 £944 56
2002£64,986 £761 46
2001£51,349 £615 56
2000£50,069 £583 49
1999£44,807 £535 59
1998£42,209 £470 60
1997£40,229 £483 50
1996£39,830 £471 30
1995£39,161 £460 38
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£93,317 £1,295 3
2023£70,300 £1,311 5
2022£77,968 £1,240 11
2021£69,720 £1,175 10
2020£60,750 £1,060 4
2019£64,286 £1,066 7
2018£53,190 £960 5
2017£76,000 £1,210 5
2016£69,150 £1,350 6
2015£65,245 £1,138 10
2014£72,375 £1,163 4
2013£69,850 £1,222 5
2012£67,000 £1,139 2
2011£52,988 £986 4
2010£73,490 £1,312 5
2009£69,500 £1,152 3
2008£81,750 £1,387 4
2007£83,145 £1,456 10
2006£86,094 £1,395 8
2005£72,443 £1,281 14
2004£71,414 £1,177 7
2003£57,709 £882 16
2002£34,529 £643 12
2001£32,483 £579 6
2000£24,590 £439 10
1999£31,167 £582 6
1998£25,765 £445 10
1997£27,375 £549 6
1996£27,267 £456 3
1995£22,657 £421 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£140,494 £1,369 9
2023£154,258 £1,798 25
2022£157,569 £1,884 20
2021£150,126 £1,703 26
2020£130,386 £1,563 22
2019£123,295 £1,671 22
2018£136,514 £1,727 53
2017£126,671 £1,634 17
2016£124,642 £1,346 25
2015£139,130 £1,495 23
2014£122,506 £1,532 16
2013£121,405 £1,329 21
2012£115,369 £1,398 8
2011£119,271 £1,354 12
2010£117,291 £1,464 11
2009£118,438 £1,506 17
2008£131,150 £1,378 10
2007£135,710 £1,593 25
2006£131,996 £1,573 40
2005£125,358 £1,389 18
2004£121,742 £1,356 31
2003£90,055 £1,105 25
2002£67,478 £834 20
2001£51,156 £612 19
2000£52,006 £581 27
1999£48,266 £644 35
1998£43,167 £530 21
1997£48,684 £569 28
1996£45,828 £534 21
1995£42,585 £525 23
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,0001
2023£190,240 £1,329 2
2021£161,400 £1,686 5
2020£725,000 £2,373 2
2018£378,103 £1,864 3
2017£158,866 £2,498 6
2016£550 £8 1
2014£237,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£217,500 £2,719 1
2023£220,833 £2,328 6
2022£211,667 £2,359 3
2021£199,625 £2,184 4
2020£189,100 £1,732 5
2019£184,860 £2,043 11
2018£214,496 £2,174 8
2017£230,000 £2,170 1
2015£118,238 £1,643 4
2014£184,167 £1,559 3
2012£150,112 £1,167 4
2009£115,000 £1,567 1
2008£116,000 £1,291 2
2007£213,0003
2006£160,000 £1,649 1
2005£159,2502
2004£155,000 £1,372 1
2003£158,238 £1,369 4
2002£120,667 £1,018 3
2001£76,750 £551 2
2000£75,000 £904 1
1999£46,975 £582 2
1998£55,750 £500 2
1997£72,000 £524 2
1996£67,0001
1995£75,500 £703 2

House Type in NE15 7RA area

The most common house types in the NE15 7RA postcode area are Semi-detached (62), Flat (35), and Terraced (5).

Total104
Semi-detached62
Flat35
Terraced5
Shared house2
Detached0
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 (59), and Owned: Owns outright (22).

Social rented: Rents from council or Local Authority59
Owned: Owns outright22
Owned: Owns with a mortgage or loan12
Private rented: Private landlord or letting agency8
Social rented: Other social rented2
Private rented: Other private rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE15 7RA have 1 person in household (39), and 2 people in household (35).

1 person in household39
2 people in household35
3 people in household15
4 people in household11
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0