Housing Market Analysis for NE15 8LE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE15 8LE 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.

    All the Sales in the NE15 8LE

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

    AddressSold DatePrice% Change

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

    NE15 8LE Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £75,386 median price is £72,975 Standard Deviation is £42,675 with Total Sold: 168
      • The Last 5 Year average price is £82,631 with Total Sold: 26
      • The most recent sale happened at this postcode is , 25 SPENCER COURT: £98,000 (Sold on 20 Aug 2024)
      • The first recorded sale happened at this postcode is , 18 ELLINGTON CLOSE: £24,500 (Sold on 27 Jan 1995)
    • Terraced
      • The average price is around £104,517 median price is £95,000 Standard Deviation is £61,322 with Total Sold: 291
      • The Last 5 Year average price is £143,272 with Total Sold: 58
      • The most recent sale happened at this postcode is , 87 BURNHAM AVENUE: £160,000 (Sold on 07 Aug 2024)
      • The first recorded sale happened at this postcode is , 13 BERWICK CLOSE: £30,000 (Sold on 27 Jan 1995)
    • Other
      • The average price is around £161,730 median price is £82,000 Standard Deviation is £321,145 with Total Sold: 19
      • The Last 5 Year average price is £81,663 with Total Sold: 12
      • The most recent sale happened at this postcode is , 1A STATION ROAD: £80,000 (Sold on 17 May 2024)
      • The first recorded sale happened at this postcode is , 7 STATION ROAD: £75,000 (Sold on 30 Sep 2014)
    • Detached
      • The average price is around £187,678 median price is £197,072 Standard Deviation is £92,964 with Total Sold: 70
      • The Last 5 Year average price is £229,095 with Total Sold: 10
      • The most recent sale happened at this postcode is , 3 ALLERDEAN CLOSE: £199,950 (Sold on 14 Apr 2023)
      • The first recorded sale happened at this postcode is , OLD VICARAGE HIGH STREET: £172,000 (Sold on 12 May 1995)
    • Semi-Detached
      • The average price is around £117,558 median price is £96,475 Standard Deviation is £70,465 with Total Sold: 96
      • The Last 5 Year average price is £163,582 with Total Sold: 14
      • The most recent sale happened at this postcode is , 46 BURNHAM AVENUE: £92,500 (Sold on 18 Oct 2022)
      • The first recorded sale happened at this postcode is , 90 BURNHAM AVENUE: £40,000 (Sold on 13 Jan 1995)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£83,375 £1,560 4
    2023£69,500 £1,480 3
    2022£91,483 £1,373 3
    2021£89,000 £1,505 2
    2020£85,828 £1,265 9
    2019£76,300 £1,445 5
    2018£60,833 £1,273 3
    2017£74,333 £1,304 3
    2016£63,750 £1,325 2
    2015£105,000 £1,505 1
    2014£55,475 £1,115 2
    2012£63,667 £1,308 3
    2011£73,286 £1,220 7
    2010£102,284 £1,687 7
    2009£63,000 £887 1
    2008£70,000 £1,892 1
    2007£123,923 £1,963 13
    2006£132,474 £2,116 23
    2005£94,719 £1,778 13
    2004£78,380 £1,671 5
    2003£53,464 £1,248 7
    2002£40,488 £847 12
    2001£29,583 £624 6
    2000£31,050 £630 8
    1999£25,000 £551 4
    1998£28,271 £545 7
    1997£26,890 £556 5
    1996£24,875 £517 6
    1995£21,933 £476 3
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£147,400 £1,161 5
    2023£128,314 £1,585 11
    2022£156,688 £1,886 13
    2021£157,722 £1,828 9
    2020£132,367 £1,661 12
    2019£139,562 £1,553 8
    2018£130,450 £1,527 10
    2017£120,200 £2,049 5
    2016£102,035 £1,618 13
    2015£101,062 £1,554 8
    2014£86,600 £1,499 5
    2013£109,000 £1,224 2
    2012£145,165 £1,489 6
    2011£84,500 £1,509 1
    2010£134,125 £1,707 4
    2009£137,409 £2,014 10
    2008£208,269 £1,937 7
    2007£181,981 £1,846 23
    2006£142,726 £1,799 17
    2005£95,486 £1,484 7
    2004£86,462 £1,568 13
    2003£69,997 £1,152 17
    2002£52,584 £907 19
    2001£41,796 £675 15
    2000£40,900 £656 11
    1999£40,550 £665 9
    1998£34,250 £605 4
    1997£35,875 £594 6
    1996£33,446 £571 12
    1995£33,383 £575 9
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£80,0001
    2023£128,5002
    2022£88,472 £1,489 5
    2021£35,0001
    2020£57,800 £1,697 2
    2019£50,0001
    2018£260,0001
    2017£32,982 £48 2
    2016£95,975 £1,642 2
    2015£1,500,0001
    2014£75,0001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£199,950 £3,447 1
    2022£227,500 £4,042 1
    2021£287,500 £1,904 2
    2020£183,375 £2,034 4
    2019£277,500 £1,547 2
    2018£155,000 £2,501 3
    2017£237,700 £1,836 5
    2016£249,475 £1,481 2
    2015£290,833 £1,756 3
    2014£120,000 £1,935 2
    2012£153,975 £2,703 2
    2011£103,000 £1,500 1
    2010£294,083 £1,534 3
    2009£181,000 £1,764 4
    2008£249,610 £2,279 8
    2007£240,707 £2,065 7
    2006£244,0002
    2004£95,0001
    2002£95,0001
    2001£99,800 £870 5
    2000£56,000 £602 1
    1999£56,475 £582 2
    1998£52,076 £548 2
    1997£48,0001
    1996£53,150 £505 3
    1995£112,5002
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£163,425 £1,764 4
    2021£159,500 £1,456 2
    2020£194,148 £1,283 3
    2019£147,000 £1,960 5
    2018£168,983 £1,787 3
    2017£134,983 £1,862 3
    2016£159,975 £1,690 2
    2015£122,500 £1,803 2
    2014£97,250 £1,391 2
    2012£133,000 £1,735 1
    2011£149,200 £1,156 5
    2010£93,000 £1,032 1
    2009£204,998 £3,198 2
    2008£181,728 £2,119 5
    2007£212,544 £1,725 10
    2006£133,725 £1,363 4
    2005£82,500 £1,598 4
    2004£87,369 £1,423 8
    2003£70,817 £1,398 3
    2002£47,310 £768 6
    2001£53,5001
    2000£41,250 £621 2
    1999£38,983 £282 3
    1998£56,500 £599 2
    1997£26,500 £444 3
    1996£43,914 £702 7
    1995£31,667 £626 3

    House Type in NE15 8LE area

    The most common house types in the NE15 8LE postcode area are Terraced (89), Flat (69), and Semi-detached (39).

    Total223
    Terraced89
    Flat69
    Semi-detached39
    Detached26
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (65), and Social rented: Rents from council or Local Authority (62).

    Owned: Owns with a mortgage or loan65
    Social rented: Rents from council or Local Authority62
    Owned: Owns outright38
    Private rented: Private landlord or letting agency38
    Social rented: Other social rented18
    Private rented: Other private rented2
    Shared ownership: Shared ownership1
    Lives rent free1
    Does not apply0

    Number of People in a Household

    The most houses in the NE15 8LE have 2 people in household (78), and 1 person in household (76).

    2 people in household78
    1 person in household76
    3 people in household35
    4 people in household24
    5 people in household7
    6 people in household4
    0 people in household0
    7 people in household0
    8 or more people in household0