Housing Market Analysis for REDESDALE CLOSE, NE15 7RR

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £119,000 median price is £97,000 Standard Deviation is £36,175 with Total Sold: 3
    • The Last 5 Year average price is £133,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 REDESDALE CLOSE: £170,000 (Sold on 11 Apr 2023)
    • The first recorded sale happened at this postcode is 7 REDESDALE CLOSE: £90,000 (Sold on 15 Mar 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 7RR 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
2023£170,000 £2,329 1
2022£97,000 £1,183 1
2010£90,000 £1,233 1

All the Sales in the REDESDALE CLOSE, NE15 7RR

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

AddressSold DatePrice% Change
7 REDESDALE CLOSESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1976-198211 Apr 2023£170,00088.89%
15 Mar 2010£90,000First Sale
5 REDESDALE CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1983-199011 Nov 2022£97,000First Sale

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

REDESDALE CLOSE, NE15 7RR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £98,273 median price is £100,000 Standard Deviation is £45,405 with Total Sold: 1,241
    • The Last 5 Year average price is £139,131 with Total Sold: 240
    • 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 £60,774 median price is £66,000 Standard Deviation is £26,550 with Total Sold: 223
    • The Last 5 Year average price is £75,932 with Total Sold: 39
    • 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 , 27 HARLE CLOSE: £27,750 (Sold on 24 Jan 1995)
  • Terraced
    • The average price is around £107,164 median price is £113,000 Standard Deviation is £46,748 with Total Sold: 787
    • The Last 5 Year average price is £143,018 with Total Sold: 147
    • 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 £169,753 median price is £120,000 Standard Deviation is £273,493 with Total Sold: 21
    • The Last 5 Year average price is £206,024 with Total Sold: 14
    • 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 , THE JOHN GILPIN THE BURNSIDE: £237,500 (Sold on 18 Jun 2014)
  • Detached
    • The average price is around £149,557 median price is £150,000 Standard Deviation is £61,555 with Total Sold: 134
    • The Last 5 Year average price is £188,178 with Total Sold: 35
    • 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 , 47 BROADWAY: £44,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,595 £1,797 17
2023£145,223 £1,766 46
2022£140,526 £1,865 36
2021£141,067 £1,701 60
2020£135,747 £1,612 43
2019£127,420 £1,583 38
2018£136,250 £1,632 47
2017£121,603 £1,426 38
2016£114,949 £1,432 50
2015£119,980 £1,486 35
2014£113,556 £1,340 37
2013£106,145 £1,303 35
2012£97,430 £1,183 22
2011£106,511 £1,292 27
2010£105,462 £1,295 28
2009£101,176 £1,265 31
2008£127,518 £1,554 22
2007£124,565 £1,547 49
2006£125,958 £1,462 50
2005£124,657 £1,660 43
2004£109,889 £1,435 44
2003£82,944 £951 52
2002£64,722 £774 58
2001£52,165 £635 53
2000£51,066 £630 46
1999£45,693 £583 52
1998£42,752 £487 65
1997£42,408 £489 43
1996£42,194 £466 35
1995£39,227 £460 39
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£87,990 £1,295 5
2023£74,250 £1,377 6
2022£77,712 £1,306 8
2021£82,400 £1,305 8
2020£63,250 £1,174 4
2019£67,750 £1,181 8
2018£53,190 £960 5
2017£77,812 £1,318 8
2016£72,129 £1,391 7
2015£67,272 £1,208 9
2014£78,167 £1,357 3
2013£70,036 £1,269 7
2012£72,000 £1,267 2
2011£56,983 £1,209 3
2010£73,490 £1,312 5
2009£71,500 £1,204 4
2008£85,667 £1,551 3
2007£92,068 £1,583 14
2006£86,375 £1,435 10
2005£75,708 £1,353 13
2004£70,237 £1,275 8
2003£58,532 £879 14
2002£36,881 £742 13
2001£40,106 £594 8
2000£24,590 £439 10
1999£30,643 £582 7
1998£26,332 £445 11
1997£30,642 £555 12
1996£29,075 £510 4
1995£22,400 £438 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£149,995 £1,975 10
2023£157,379 £1,808 21
2022£158,722 £1,909 22
2021£141,482 £1,708 40
2020£132,254 £1,629 26
2019£129,605 £1,641 28
2018£134,364 £1,731 49
2017£139,095 £1,716 20
2016£127,829 £1,437 26
2015£125,475 £1,474 22
2014£127,916 £1,539 22
2013£129,820 £1,401 20
2012£104,086 £1,402 11
2011£121,515 £1,341 17
2010£124,554 £1,523 13
2009£122,611 £1,462 22
2008£131,769 £1,859 13
2007£131,944 £1,795 32
2006£132,136 £1,597 43
2005£134,030 £1,621 28
2004£120,700 £1,469 38
2003£95,853 £1,145 28
2002£66,833 £912 30
2001£56,715 £716 24
2000£57,462 £700 36
1999£50,308 £650 35
1998£45,020 £567 25
1997£46,875 £555 35
1996£48,823 £533 24
1995£42,702 £555 27
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£95,0001
2023£190,240 £1,329 2
2021£134,580 £1,686 6
2020£705,000 £1,587 2
2019£63,790 £588 3
2017£88,488 £1,201 5
2016£550 £8 1
2014£237,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£215,395 £2,339 10
2022£199,500 £2,228 5
2021£181,471 £2,241 7
2020£168,250 £1,949 8
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£139,189 £1,759 5
2014£165,575 £1,688 6
2013£137,500 £1,638 4
2012£142,207 £1,451 7
2011£149,000 £1,478 1
2009£144,125 £1,493 4
2008£156,738 £1,684 4
2007£208,4884
2006£170,408 £1,971 6
2005£148,1503
2004£155,000 £1,372 1
2003£160,990 £1,344 5
2002£113,500 £899 7
2001£72,500 £551 3
2000£78,290 £573 5
1999£54,667 £494 3
1998£55,600 £622 5
1997£71,333 £524 3
1996£58,667 £421 3
1995£63,738 £791 4

House Type in NE15 7RR area

The most common house types in the NE15 7RR 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 7RR 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