Housing Market Analysis for SOUTHWAY, NE15 7RB

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £80,667 median price is £82,000 Standard Deviation is £22,881 with Total Sold: 3
    • The most recent sale happened at this postcode is 75 SOUTHWAY: £52,000 (Sold on 26 Oct 2018)
    • The first recorded sale happened at this postcode is 75 SOUTHWAY: £82,000 (Sold on 09 May 2003)
  • Other
    • The average price is around £38,000 median price is £38,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 71 SOUTHWAY: £38,000 (Sold on 31 Aug 2017)
    • The first recorded sale happened at this postcode is 71 SOUTHWAY: £38,000 (Sold on 31 Aug 2017)
  • Semi-Detached
    • The average price is around £87,667 median price is £85,000 Standard Deviation is £29,454 with Total Sold: 3
    • The most recent sale happened at this postcode is 30 SOUTHWAY: £85,000 (Sold on 30 May 2014)
    • The first recorded sale happened at this postcode is 59 SOUTHWAY: £53,000 (Sold on 31 May 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 7RB 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
2018£52,000 £667 1
2006£108,000 £1,367 1
2003£82,000 £1,038 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£38,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£85,000 £1,133 1
2013£125,0001
2000£53,0001

All the Sales in the SOUTHWAY, NE15 7RB

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

AddressSold DatePrice% Change
75 SOUTHWAYFlat, LeaseholdArea: 78 Sq.mtrAge: 1967-197526 Oct 2018£52,000-51.85%
13 Nov 2006£108,00031.71%
09 May 2003£82,000First Sale
71 SOUTHWAYOther, Freehold31 Aug 2017£38,000First Sale
30 SOUTHWAYSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-196630 May 2014£85,000First Sale
59 SOUTHWAYSemi-Detached, Freehold27 Sep 2013£125,000135.85%
31 May 2000£53,000First Sale

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

SOUTHWAY, NE15 7RB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £96,811 median price is £100,000 Standard Deviation is £44,324 with Total Sold: 1,264
    • The Last 5 Year average price is £136,348 with Total Sold: 241
    • 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 £63,767 median price is £67,500 Standard Deviation is £28,889 with Total Sold: 214
    • The Last 5 Year average price is £79,703 with Total Sold: 34
    • The most recent sale happened at this postcode is , 38 WOOD GROVE: £75,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 102 AVALON DRIVE: £25,350 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £106,376 median price is £110,000 Standard Deviation is £46,543 with Total Sold: 758
    • The Last 5 Year average price is £143,142 with Total Sold: 138
    • The most recent sale happened at this postcode is , 37 HEATHWELL ROAD: £140,000 (Sold on 07 Jun 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 £196,262 median price is £130,000 Standard Deviation is £271,153 with Total Sold: 26
    • The Last 5 Year average price is £195,271 with Total Sold: 16
    • The most recent sale happened at this postcode is , 33 WOOD GROVE: £95,000 (Sold on 10 Apr 2024)
    • The first recorded sale happened at this postcode is , 7 ST VINCENTS CLOSE: £550 (Sold on 08 Jul 2016)
  • Detached
    • The average price is around £151,542 median price is £150,000 Standard Deviation is £63,826 with Total Sold: 115
    • The Last 5 Year average price is £192,038 with Total Sold: 33
    • The most recent sale happened at this postcode is , 28 THORNLEY ROAD: £215,000 (Sold on 11 Dec 2023)
    • 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£147,374 £1,797 19
2023£144,220 £1,758 44
2022£138,582 £1,863 36
2021£137,943 £1,689 62
2020£130,633 £1,606 42
2019£123,314 £1,564 38
2018£133,973 £1,607 45
2017£120,615 £1,445 34
2016£115,017 £1,449 55
2015£119,418 £1,476 39
2014£117,041 £1,411 37
2013£102,489 £1,247 39
2012£95,628 £1,178 23
2011£103,604 £1,290 27
2010£101,402 £1,300 26
2009£101,332 £1,304 33
2008£128,288 £1,578 24
2007£123,922 £1,587 55
2006£124,129 £1,489 46
2005£123,387 £1,666 42
2004£107,336 £1,402 48
2003£82,301 £959 53
2002£64,797 £792 52
2001£51,127 £635 56
2000£50,130 £606 45
1999£45,387 £579 53
1998£42,688 £490 64
1997£40,699 £484 50
1996£42,038 £480 34
1995£39,555 £470 43
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£94,992 £1,295 6
2023£74,300 £1,425 5
2022£84,408 £1,407 6
2021£87,500 £1,395 6
2020£65,000 £1,231 3
2019£67,750 £1,181 8
2018£91,727 £1,407 13
2017£78,357 £1,351 7
2016£75,817 £1,501 6
2015£69,207 £1,292 7
2014£78,167 £1,357 3
2013£68,750 £1,271 6
2012£72,000 £1,267 2
2011£54,238 £1,083 4
2010£73,490 £1,312 5
2009£71,500 £1,204 4
2008£85,667 £1,551 3
2007£93,612 £1,630 13
2006£87,861 £1,474 9
2005£76,371 £1,372 14
2004£68,243 £1,261 8
2003£60,996 £918 12
2002£36,454 £750 12
2001£40,106 £594 8
2000£25,088 £459 8
1999£30,643 £582 7
1998£26,332 £445 11
1997£31,041 £580 11
1996£29,075 £510 4
1995£20,617 £421 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£152,223 £2,052 11
2023£158,787 £1,860 19
2022£156,929 £1,943 23
2021£141,912 £1,742 36
2020£131,043 £1,663 23
2019£128,075 £1,618 26
2018£133,322 £1,754 43
2017£138,348 £1,721 23
2016£127,829 £1,437 26
2015£124,372 £1,472 20
2014£125,902 £1,542 24
2013£133,418 £1,456 19
2012£106,871 £1,456 12
2011£120,446 £1,364 14
2010£119,267 £1,521 12
2009£122,324 £1,477 23
2008£131,772 £1,918 11
2007£128,994 £1,808 27
2006£132,570 £1,644 40
2005£134,013 £1,639 27
2004£123,041 £1,526 38
2003£95,661 £1,200 30
2002£67,000 £942 26
2001£56,430 £725 25
2000£56,680 £699 37
1999£49,015 £660 35
1998£45,080 £570 25
1997£48,988 £611 33
1996£48,687 £537 23
1995£42,813 £557 27
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£97,5002
2023£190,240 £1,329 2
2021£134,580 £1,686 6
2020£516,667 £1,980 3
2019£63,790 £588 3
2018£512,1552
2017£136,234 £1,999 7
2016£550 £8 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£214,883 £2,424 9
2022£222,500 £2,292 6
2021£180,050 £2,198 6
2020£167,071 £2,027 7
2019£163,699 £1,819 5
2018£205,538 £2,129 11
2017£195,000 £2,132 3
2016£135,000 £1,611 2
2015£123,190 £1,735 5
2014£155,500 £1,968 3
2013£126,000 £1,739 3
2012£154,064 £1,597 7
2011£149,000 £1,478 1
2009£138,300 £1,508 5
2008£130,650 £1,804 3
2007£213,0003
2006£154,125 £1,910 4
2005£148,1503
2004£141,750 £1,372 2
2003£158,238 £1,369 4
2002£107,400 £1,018 5
2001£55,5002
2000£56,000 £904 2
1999£56,738 £585 4
1998£56,833 £578 3
1997£78,0001
1996£46,6673
1995£70,317 £791 3

House Type in NE15 7RB area

The most common house types in the NE15 7RB postcode area are Semi-detached (102), Flat (12), and commercial building (3).

Total121
Semi-detached102
Flat12
commercial building3
Terraced2
Shared house1
converted building1
Detached0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (43), and Owned: Owns outright (35).

Owned: Owns with a mortgage or loan43
Owned: Owns outright35
Social rented: Rents from council or Local Authority26
Private rented: Private landlord or letting agency14
Social rented: Other social rented2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE15 7RB have 2 people in household (48), and 1 person in household (35).

2 people in household48
1 person in household35
3 people in household19
4 people in household14
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0