Housing Market Analysis for MELROSE CLOSE, NE15 7SU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £109,771 median price is £119,500 Standard Deviation is £37,005 with Total Sold: 29
    • The Last 5 Year average price is £137,500 with Total Sold: 8
    • The most recent sale happened at this postcode is 8 MELROSE CLOSE: £185,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is 13 MELROSE CLOSE: £149,000 (Sold on 15 Mar 2024)
  • Flat
    • The average price is around £117,000 median price is £117,000 Standard Deviation is £53,000 with Total Sold: 2
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 MELROSE CLOSE: £170,000 (Sold on 12 Mar 2021)
    • The first recorded sale happened at this postcode is 4 MELROSE CLOSE: £64,000 (Sold on 17 Nov 1997)
  • Semi-Detached
    • The average price is around £101,561 median price is £100,000 Standard Deviation is £28,903 with Total Sold: 5
    • The Last 5 Year average price is £90,905 with Total Sold: 1
    • The most recent sale happened at this postcode is 18 MELROSE CLOSE: £90,905 (Sold on 28 Sep 2020)
    • The first recorded sale happened at this postcode is 17 MELROSE CLOSE: £53,950 (Sold on 04 Aug 2000)
  • Detached
    • The average price is around £112,975 median price is £112,975 Standard Deviation is £12,975 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 MELROSE CLOSE: £100,000 (Sold on 02 Oct 2013)
    • The first recorded sale happened at this postcode is 7 MELROSE CLOSE: £125,950 (Sold on 06 Oct 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 7SU 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,000 £2,082 2
2023£125,000 £2,273 2
2022£130,000 £2,241 1
2021£148,000 £2,085 1
2020£140,000 £2,258 1
2019£98,000 £1,380 1
2016£102,000 £1,699 2
2015£104,667 £1,525 3
2011£131,500 £1,405 1
2007£131,500 £1,789 2
2006£144,9501
2005£132,500 £1,657 2
2004£126,000 £1,665 3
2003£88,000 £1,443 1
2002£45,0001
2001£59,950 £983 1
2000£59,9501
1999£50,000 £820 1
1997£39,0001
1995£41,000 £707 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£170,000 £1,828 1
1997£64,000 £688 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£90,905 £1,595 1
2016£116,475 £1,479 2
2004£130,000 £1,781 1
2000£53,950 £739 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£100,000 £1,639 1
2005£125,9501

All the Sales in the MELROSE CLOSE, NE15 7SU

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

AddressSold DatePrice% Change
8 MELROSE CLOSETerraced, Leasehold23 Feb 2024£185,000First Sale
11 MELROSE CLOSETerraced, LeaseholdArea: 55 Sq.mtrAge: 1967-197521 Dec 2023£125,0000.0
21 Dec 2023£125,000First Sale
16 MELROSE CLOSETerraced, LeaseholdArea: 58 Sq.mtrAge: 1950-196615 Aug 2022£130,000217.07%
24 Feb 1995£41,000First Sale
15 MELROSE CLOSETerraced, LeaseholdArea: 71 Sq.mtrAge: 1967-197520 May 2021£148,00051.02%
20 Nov 2019£98,000First Sale
4 MELROSE CLOSEFlat, LeaseholdArea: 93 Sq.mtrAge: 1967-197512 Mar 2021£170,000165.62%
17 Nov 1997£64,000First Sale
3 MELROSE CLOSETerraced, LeaseholdArea: 62 Sq.mtrAge: 1967-197504 Dec 2020£140,00060.92%
02 Nov 2015£87,000First Sale
18 MELROSE CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1967-197528 Sep 2020£90,905First Sale
22 MELROSE CLOSETerraced, LeaseholdArea: 61 Sq.mtrAge: 1976-198215 Nov 2016£108,000-22.30%
03 Dec 2004£139,00057.95%
24 Oct 2003£88,00046.79%
29 Jun 2001£59,95019.90%
04 Jun 1999£50,000First Sale
17 MELROSE CLOSESemi-Detached, LeaseholdArea: 73 Sq.mtrAge: 1967-197526 Aug 2016£132,9502.27%
10 Sep 2004£130,000140.96%
04 Aug 2000£53,950First Sale
21 MELROSE CLOSETerraced, LeaseholdArea: 59 Sq.mtrAge: 1950-196629 Jul 2016£96,000First Sale
12 MELROSE CLOSESemi-Detached, LeaseholdArea: 88 Sq.mtrAge: 1967-197520 May 2016£100,000-32.89%
05 Aug 2005£149,00024.69%
24 Aug 2004£119,5000.0
24 Aug 2004£119,500First Sale
13 MELROSE CLOSETerraced, LeaseholdArea: 71.55 Sq.mtrAge: 1967-197501 May 2015£105,000-13.93%
30 Apr 2015£122,000-4.69%
26 Jan 2007£128,00010.34%
17 Feb 2005£116,000-22.15%
15 Mar 2024£149,000First Sale
5 MELROSE CLOSEDetached, LeaseholdArea: 61 Sq.mtrAge: 1967-197502 Oct 2013£100,000First Sale
19 MELROSE CLOSETerraced, LeaseholdArea: 93.61 Sq.mtrAge: 1950-196602 Dec 2011£131,500First Sale
1 MELROSE CLOSETerraced, Freehold01 Aug 2007£135,000First Sale
6 MELROSE CLOSETerraced, Leasehold13 Sep 2006£144,950222.11%
20 Dec 2002£45,000First Sale
7 MELROSE CLOSEDetached, Leasehold06 Oct 2005£125,950First Sale
9 MELROSE CLOSETerraced, Leasehold21 Dec 2000£59,950First Sale
20 MELROSE CLOSETerraced, Freehold23 May 1997£39,000First Sale

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

MELROSE CLOSE, NE15 7SU Near By properties

Interactive Map

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

  • Flat
    • The average price is around £57,165 median price is £55,000 Standard Deviation is £29,079 with Total Sold: 293
    • The Last 5 Year average price is £73,352 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 , 65 SWINLEY GARDENS: £14,000 (Sold on 27 Oct 1995)
  • Semi-Detached
    • The average price is around £96,222 median price is £95,000 Standard Deviation is £48,590 with Total Sold: 580
    • The Last 5 Year average price is £144,147 with Total Sold: 107
    • The most recent sale happened at this postcode is , 5 HAYLEAZES ROAD: £120,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 SHELFORD GARDENS: £29,700 (Sold on 15 Jan 1995)
  • Terraced
    • The average price is around £97,437 median price is £92,500 Standard Deviation is £48,017 with Total Sold: 691
    • The Last 5 Year average price is £137,038 with Total Sold: 104
    • 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 £68,026 median price is £37,500 Standard Deviation is £87,369 with Total Sold: 29
    • The Last 5 Year average price is £86,556 with Total Sold: 17
    • 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)
  • Detached
    • The average price is around £148,134 median price is £150,000 Standard Deviation is £62,921 with Total Sold: 139
    • The Last 5 Year average price is £194,473 with Total Sold: 30
    • The most recent sale happened at this postcode is , 58 CHAPEL RIGG DRIVE: £219,995 (Sold on 30 Oct 2023)
    • The first recorded sale happened at this postcode is , 38 OTTERSHAW: £109,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£91,2504
2023£97,500 £1,563 5
2022£58,656 £1,093 8
2021£75,577 £1,204 13
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£53,667 £981 9
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£78,750 £1,420 2
2008£83,625 £1,373 4
2007£91,334 £1,504 16
2006£75,607 £1,327 14
2005£69,937 £1,274 28
2004£56,610 £999 21
2003£49,829 £800 23
2002£28,259 £513 22
2001£31,640 £495 10
2000£27,858 £682 6
1999£22,111 £460 9
1998£29,586 £513 11
1997£26,070 £356 10
1996£22,000 £497 6
1995£14,000 £215 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£152,333 £2,225 6
2023£156,179 £1,947 22
2022£148,611 £2,044 14
2021£148,196 £1,838 30
2020£125,543 £1,561 21
2019£136,500 £1,775 14
2018£131,236 £1,559 21
2017£139,389 £1,573 9
2016£105,821 £1,339 17
2015£119,900 £1,519 17
2014£111,369 £1,540 16
2013£113,511 £1,367 18
2012£92,333 £1,285 3
2011£107,045 £1,223 11
2010£112,000 £1,377 15
2009£101,528 £1,393 9
2008£127,357 £1,572 15
2007£118,673 £1,605 24
2006£120,345 £1,652 20
2005£124,438 £1,556 20
2004£109,990 £1,387 25
2003£85,379 £1,098 29
2002£69,225 £960 24
2001£48,512 £630 20
2000£50,024 £619 27
1999£46,342 £579 26
1998£44,782 £557 34
1997£41,995 £423 22
1996£43,431 £456 24
1995£41,041 £494 27
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,571 £2,215 7
2023£142,015 £1,873 13
2022£153,969 £1,952 20
2021£129,044 £1,740 32
2020£135,231 £1,849 13
2019£132,892 £1,764 19
2018£139,071 £1,778 14
2017£131,126 £1,672 23
2016£126,384 £1,526 22
2015£128,747 £1,490 16
2014£114,682 £1,510 31
2013£136,622 £1,516 16
2012£110,850 £1,543 11
2011£149,083 £1,351 6
2010£106,423 £1,442 13
2009£121,497 £1,510 17
2008£119,541 £2,214 12
2007£114,462 £1,827 29
2006£124,283 £1,840 35
2005£115,878 £1,765 36
2004£111,702 £1,497 43
2003£91,613 £1,199 25
2002£57,688 £907 28
2001£49,686 £773 28
2000£55,927 £795 37
1999£48,564 £778 28
1998£42,945 £639 20
1997£44,753 £591 30
1996£47,389 £755 29
1995£41,830 £720 38
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£95,0001
2023£190,240 £1,329 2
2022£7201
2021£85,743 £1,526 7
2020£50,338 £1,587 2
2019£73,592 £670 4
2018£13,373 £175 3
2017£66,240 £921 6
2016£21,253 £317 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£131,667 £1,746 3
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£215,000 £2,076 4
2006£167,150 £1,964 10
2005£200,317 £1,639 3
2004£132,100 £2,437 5
2003£194,750 £2,102 4
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 in NE15 7SU area

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