Housing Market Analysis for LETCH WAY, NE15 8BR

Are you looking to understand NE15 8BR 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 8BR area, explore the NE15 8BR Area information page.
For comprehensive crime statistics in the NE15 8BR area, explore the NE15 8BR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE15 8BR postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £76,500 median price is £75,500 Standard Deviation is £22,293 with Total Sold: 14
    • The Last 5 Year average price is £94,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 25 LETCH WAY: £62,000 (Sold on 28 Oct 2022)
    • The first recorded sale happened at this postcode is 5 LETCH WAY: £120,000 (Sold on 09 Jul 2024)
  • Semi-Detached
    • The average price is around £75,000 median price is £75,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 LETCH WAY: £75,000 (Sold on 18 Jan 2012)
    • The first recorded sale happened at this postcode is 7 LETCH WAY: £75,000 (Sold on 18 Jan 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 8BR 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
2022£62,000 £721 1
2020£100,000 £1,149 1
2015£78,000 £940 1
2013£69,000 £807 2
2012£73,000 £948 1
2010£93,500 £1,075 1
2007£95,000 £1,145 1
2004£80,167 £915 3
2003£41,0001
2000£30,0001
2024£120,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£75,0001

All the Sales in the LETCH WAY, NE15 8BR

See the table below for more details on the sold house prices in the NE15 8BR, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
25 LETCH WAYTerraced, FreeholdArea: 86 Sq.mtrAge: 1976-198228 Oct 2022£62,000First Sale
5 LETCH WAYTerraced, FreeholdArea: 87 Sq.mtrAge: 1976-198207 Feb 2020£100,0006.95%
28 Jan 2010£93,500-22.08%
09 Jul 2024£120,000First Sale
1 LETCH WAYTerraced, FreeholdArea: 83 Sq.mtrAge: 1983-199023 Jan 2015£78,000-17.89%
23 Nov 2007£95,000First Sale
26 LETCH WAYTerraced, FreeholdArea: 86 Sq.mtrAge: 1967-197506 Dec 2013£70,000First Sale
6 LETCH WAYTerraced, FreeholdArea: 85 Sq.mtrAge: 1967-197523 May 2013£68,000First Sale
21 LETCH WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1976-198219 Oct 2012£73,000First Sale
7 LETCH WAYSemi-Detached, Freehold18 Jan 2012£75,000First Sale
14 LETCH WAYTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196623 Dec 2004£82,50013.01%
19 Mar 2004£73,000First Sale
9 LETCH WAYTerraced, Freehold29 Oct 2004£85,000107.32%
02 Jun 2003£41,00036.67%
14 Feb 2000£30,000First Sale

Check out the sold house prices near the NE15 8BR postcode. Properties currently for saleProperties currently for rent

LETCH WAY, NE15 8BR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE15 8BR 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 8BR postcode.

  • Semi-Detached
    • The average price is around £97,594 median price is £94,250 Standard Deviation is £47,816 with Total Sold: 548
    • The Last 5 Year average price is £141,363 with Total Sold: 105
    • The most recent sale happened at this postcode is , 25 BRIDGEWATER CLOSE: £178,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 26 ALN GROVE: £32,000 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £69,474 median price is £70,000 Standard Deviation is £35,969 with Total Sold: 1,281
    • The Last 5 Year average price is £96,212 with Total Sold: 217
    • The most recent sale happened at this postcode is , 21 TYNEVALE TERRACE: £128,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 17 BRIDGEWATER CLOSE: £52,950 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £139,378 median price is £150,000 Standard Deviation is £60,619 with Total Sold: 112
    • The Last 5 Year average price is £201,605 with Total Sold: 21
    • The most recent sale happened at this postcode is , 31 LAMEDON MILL COURT: £225,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 5 MOSS CLOSE: £58,950 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £59,238 median price is £48,000 Standard Deviation is £45,499 with Total Sold: 328
    • The Last 5 Year average price is £78,800 with Total Sold: 40
    • The most recent sale happened at this postcode is , 46 BLANCHLAND AVENUE: £84,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 37 ALDEBURGH AVENUE: £16,000 (Sold on 04 May 1995)
  • Other
    • The average price is around £554,465 median price is £55,000 Standard Deviation is £1,679,953 with Total Sold: 23
    • The Last 5 Year average price is £791,747 with Total Sold: 13
    • The most recent sale happened at this postcode is , 19 DENWICK AVENUE: £49,000 (Sold on 09 May 2023)
    • The first recorded sale happened at this postcode is , 2 TYNE VIEW: £31,000 (Sold on 18 Dec 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,5258
2023£145,336 £1,662 11
2022£155,450 £1,892 26
2021£140,084 £1,572 29
2020£144,277 £1,682 13
2019£115,803 £1,581 18
2018£120,585 £1,392 23
2017£117,471 £1,436 17
2016£108,996 £1,290 12
2015£136,904 £1,632 28
2014£110,254 £1,307 19
2013£95,063 £1,061 15
2012£100,236 £1,295 11
2011£97,869 £1,077 8
2010£95,579 £1,214 12
2009£94,500 £1,109 8
2008£113,460 £1,301 25
2007£120,675 £1,189 21
2006£118,329 £1,297 26
2005£107,656 £1,403 25
2004£105,487 £1,253 19
2003£67,970 £713 16
2002£56,992 £716 32
2001£50,174 £582 17
2000£47,443 £652 19
1999£40,097 £408 15
1998£43,099 £531 28
1997£38,442 £469 13
1996£40,059 £489 16
1995£36,661 £463 18
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£111,939 £1,361 18
2023£101,319 £1,304 49
2022£108,250 £1,290 30
2021£94,843 £1,153 52
2020£88,459 £1,048 37
2019£78,903 £1,009 31
2018£77,584 £925 32
2017£80,257 £866 35
2016£79,014 £957 38
2015£81,605 £1,019 47
2014£76,774 £888 39
2013£72,155 £892 28
2012£78,503 £942 28
2011£80,454 £976 28
2010£91,774 £1,065 31
2009£75,730 £902 23
2008£91,065 £1,081 41
2007£93,616 £1,136 77
2006£92,206 £1,134 62
2005£87,470 £1,059 56
2004£74,463 £875 86
2003£51,251 £623 77
2002£40,166 £465 72
2001£31,766 £389 46
2000£26,098 £302 44
1999£28,471 £298 36
1998£26,045 £300 33
1997£20,432 £241 33
1996£22,509 £243 30
1995£30,811 £405 42
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,0001
2023£190,667 £2,648 6
2022£243,800 £2,034 5
2021£187,300 £2,303 5
2020£205,195 £1,900 1
2019£168,000 £2,444 3
2018£162,000 £2,261 3
2017£187,000 £2,041 2
2016£192,781 £1,927 6
2015£190,769 £2,032 9
2014£186,971 £2,099 4
2013£126,900 £1,376 5
2012£110,000 £1,560 2
2010£153,000 £2,828 2
2009£123,333 £1,396 3
2008£192,500 £1,502 2
2007£162,600 £1,030 4
2006£182,650 £2,063 3
2005£93,332 £1,574 3
2004£147,975 £2,326 2
2003£109,125 £1,035 4
2002£107,500 £980 9
2001£80,625 £1,443 4
2000£75,238 £754 4
1999£65,900 £1,021 5
1998£55,325 £767 6
1997£59,5393
1996£67,0001
1995£54,170 £986 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£162,000 £1,148 2
2023£91,150 £1,237 10
2022£77,000 £1,385 5
2021£56,167 £1,033 9
2020£64,583 £923 6
2019£79,812 £1,135 8
2018£75,425 £1,721 8
2017£61,278 £976 9
2016£93,400 £1,057 7
2015£54,083 £1,118 12
2014£62,538 £1,110 4
2013£55,083 £1,237 6
2012£51,000 £1,204 3
2011£55,875 £1,877 2
2010£40,000 £1,667 1
2009£60,500 £1,117 3
2008£77,278 £1,396 9
2007£126,517 £1,366 26
2006£77,039 £1,814 24
2005£75,970 £1,516 20
2004£60,668 £1,153 20
2003£42,669 £900 26
2002£33,477 £812 22
2001£25,331 £530 21
2000£33,873 £638 11
1999£29,036 £628 11
1998£33,355 £607 11
1997£24,757 £576 7
1996£22,182 £508 11
1995£23,779 £547 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£82,000 £1,132 2
2022£71,992 £1,131 4
2021£335,562 £2,027 2
2020£4,175,000 £66,270 2
2019£273,207 £12 3
2018£71,000 £948 3
2017£532,035 £973 4
2016£43,916 £764 2
2013£31,0001

House Type in NE15 8BR area

The most common house types in the NE15 8BR postcode area are Terraced (79), Semi-detached (32), and Detached (7).

Total121
Terraced79
Semi-detached32
Detached7
Flat2
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (66), and Owned: Owns outright (19).

Social rented: Rents from council or Local Authority66
Owned: Owns outright19
Private rented: Private landlord or letting agency16
Owned: Owns with a mortgage or loan15
Private rented: Other private rented2
Social rented: Other social rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE15 8BR have 1 person in household (39), and 2 people in household (34).

1 person in household39
2 people in household34
3 people in household27
4 people in household12
5 people in household8
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0