Housing Market Analysis for MATFEN CLOSE, NE15 7RW

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £131,000 median price is £131,000 Standard Deviation is £7,000 with Total Sold: 2
    • The Last 5 Year average price is £131,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 MATFEN CLOSE: £138,000 (Sold on 02 Dec 2021)
    • The first recorded sale happened at this postcode is 4 MATFEN CLOSE: £124,000 (Sold on 07 Aug 2020)
  • Terraced
    • The average price is around £107,139 median price is £113,750 Standard Deviation is £38,361 with Total Sold: 4
    • The most recent sale happened at this postcode is 3 MATFEN CLOSE: £131,000 (Sold on 18 May 2017)
    • The first recorded sale happened at this postcode is 3 MATFEN CLOSE: £49,950 (Sold on 01 Apr 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 7RW 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
2021£138,000 £1,586 1
2020£124,000 £2,000 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£141,053 £1,785 2
2012£96,500 £1,508 1
1999£49,950 £632 1

All the Sales in the MATFEN CLOSE, NE15 7RW

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

AddressSold DatePrice% Change
5 MATFEN CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1967-197502 Dec 2021£138,000First Sale
4 MATFEN CLOSESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1950-196607 Aug 2020£124,000First Sale
3 MATFEN CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-197518 May 2017£131,000162.26%
01 Apr 1999£49,950First Sale
6 MATFEN CLOSETerraced, LeaseholdArea: 79 Sq.mtrAge: 1950-196624 Apr 2017£151,106First Sale
8 MATFEN CLOSETerraced, LeaseholdArea: 64 Sq.mtrAge: 1950-196627 Feb 2012£96,500First Sale

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

MATFEN CLOSE, NE15 7RW Near By properties

Interactive Map

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

  • Flat
    • The average price is around £57,419 median price is £55,000 Standard Deviation is £28,984 with Total Sold: 311
    • The Last 5 Year average price is £72,901 with Total Sold: 43
    • 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 , 7 FARNHAM CLOSE: £15,500 (Sold on 01 Jun 1995)
  • Semi-Detached
    • The average price is around £97,177 median price is £90,000 Standard Deviation is £50,787 with Total Sold: 487
    • The Last 5 Year average price is £149,246 with Total Sold: 88
    • The most recent sale happened at this postcode is , 4 OTTERCAP CLOSE: £184,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 4 SHELFORD GARDENS: £29,700 (Sold on 15 Jan 1995)
  • Detached
    • The average price is around £153,999 median price is £153,750 Standard Deviation is £72,941 with Total Sold: 144
    • The Last 5 Year average price is £204,813 with Total Sold: 31
    • The most recent sale happened at this postcode is , SYCAMORES SUGLEY DRIVE: £515,000 (Sold on 15 Jul 2024)
    • The first recorded sale happened at this postcode is , 38 OTTERSHAW: £109,000 (Sold on 31 Mar 1995)
  • Terraced
    • The average price is around £92,862 median price is £80,000 Standard Deviation is £47,934 with Total Sold: 734
    • The Last 5 Year average price is £129,447 with Total Sold: 111
    • The most recent sale happened at this postcode is , 55 DENE GARDENS: £80,000 (Sold on 18 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 £79,024 median price is £37,500 Standard Deviation is £96,786 with Total Sold: 32
    • The Last 5 Year average price is £101,372 with Total Sold: 20
    • 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 , 27 SWINLEY GARDENS: £30,000 (Sold on 05 Aug 2016)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£91,2504
2023£92,917 £1,562 6
2022£59,472 £1,087 9
2021£74,700 £1,168 15
2020£53,875 £1,117 4
2019£68,200 £1,231 5
2018£88,832 £1,325 14
2017£63,727 £1,101 11
2016£57,100 £991 10
2015£57,438 £1,069 8
2014£71,167 £1,486 6
2013£50,650 £934 5
2012£43,790 £779 5
2011£51,333 £1,491 6
2010£64,714 £1,004 7
2009£71,500 £1,305 3
2008£83,625 £1,373 4
2007£91,186 £1,504 18
2006£76,716 £1,363 16
2005£70,406 £1,259 30
2004£56,900 £1,001 22
2003£49,628 £801 24
2002£28,465 £519 23
2001£30,173 £470 11
2000£27,858 £682 6
1999£22,111 £460 9
1998£28,288 £464 12
1997£26,070 £356 10
1996£22,000 £497 6
1995£14,750 £243 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£158,800 £2,225 5
2023£154,046 £1,915 20
2022£158,345 £2,178 10
2021£157,287 £1,861 24
2020£129,789 £1,577 17
2019£141,167 £1,780 12
2018£134,434 £1,552 16
2017£143,688 £1,582 8
2016£109,211 £1,347 14
2015£118,438 £1,499 16
2014£113,714 £1,614 14
2013£117,169 £1,371 13
2012£80,000 £1,068 1
2011£117,188 £1,277 8
2010£122,250 £1,435 8
2009£101,821 £1,358 7
2008£129,489 £1,618 14
2007£116,300 £1,577 18
2006£124,122 £1,709 16
2005£124,438 £1,556 20
2004£113,888 £1,479 20
2003£84,185 £1,082 27
2002£69,365 £942 23
2001£46,715 £605 20
2000£51,072 £610 23
1999£47,302 £582 21
1998£44,848 £564 29
1997£41,776 £378 19
1996£46,092 £464 20
1995£41,588 £494 24
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£515,0001
2023£231,743 £2,386 8
2022£227,500 £2,302 4
2021£182,967 £2,271 6
2020£166,556 £2,077 8
2019£160,000 £1,822 4
2018£198,990 £2,194 5
2017£166,900 £2,200 5
2016£185,040 £1,759 4
2015£188,312 £1,779 4
2014£167,333 £2,286 3
2013£175,600 £1,853 5
2012£153,417 £1,679 6
2011£208,000 £1,478 3
2010£186,000 £2,114 1
2009£144,125 £1,493 4
2008£154,975 £2,318 2
2007£240,000 £2,059 5
2006£167,150 £1,964 10
2005£212,738 £1,564 4
2004£132,100 £2,437 5
2003£182,800 £1,403 5
2002£105,490 £706 5
2001£76,1254
2000£83,986 £733 7
1999£61,000 £494 4
1998£71,500 £656 2
1997£74,250 £821 2
1996£57,762 £698 8
1995£79,240 £866 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,571 £2,215 7
2023£125,016 £1,680 16
2022£149,069 £1,924 20
2021£120,547 £1,647 34
2020£126,933 £1,736 15
2019£130,024 £1,714 19
2018£129,500 £1,655 16
2017£122,689 £1,562 26
2016£124,592 £1,506 21
2015£120,076 £1,414 19
2014£112,186 £1,477 33
2013£125,468 £1,422 19
2012£91,762 £1,310 12
2011£149,083 £1,351 6
2010£101,500 £1,378 15
2009£112,275 £1,453 16
2008£114,115 £2,042 13
2007£113,144 £1,830 27
2006£119,918 £1,762 38
2005£110,571 £1,654 39
2004£109,792 £1,480 43
2003£82,183 £1,083 31
2002£51,594 £762 33
2001£43,201 £656 35
2000£52,684 £740 40
1999£48,742 £754 26
1998£40,095 £593 20
1997£44,630 £581 28
1996£46,034 £700 31
1995£41,321 £705 36
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£95,0001
2023£193,827 £1,329 3
2022£7201
2021£115,025 £1,526 8
2020£50,338 £1,587 2
2019£65,874 £670 5
2018£13,373 £175 3
2017£66,240 £921 6
2016£21,253 £317 3

House Type in NE15 7RW area

The most common house types in the NE15 7RW postcode area are Semi-detached (70), Detached (28), and Flat (5).

Total111
Semi-detached70
Detached28
Flat5
Terraced3
Shared house3
commercial building2
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright62
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency9
Private rented: Other private rented3
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE15 7RW have 2 people in household (46), and 1 person in household (31).

2 people in household46
1 person in household31
3 people in household17
4 people in household12
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0