Housing Market Analysis for NE15 8LT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE15 8LT 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 8LT

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

    AddressSold DatePrice% Change

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

    NE15 8LT Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £106,754 median price is £100,000 Standard Deviation is £41,936 with Total Sold: 102
      • The Last 5 Year average price is £83,872 with Total Sold: 20
      • 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 , 19 HARESIDE CLOSE: £37,000 (Sold on 04 Sep 1998)
    • Terraced
      • The average price is around £95,422 median price is £89,950 Standard Deviation is £56,651 with Total Sold: 427
      • The Last 5 Year average price is £118,990 with Total Sold: 88
      • The most recent sale happened at this postcode is , 59 WALBOTTLE ROAD: £247,000 (Sold on 17 Jul 2024)
      • The first recorded sale happened at this postcode is , 5 BERBERIS WAY: £33,000 (Sold on 09 Jan 1995)
    • Other
      • The average price is around £103,650 median price is £79,000 Standard Deviation is £61,192 with Total Sold: 10
      • The Last 5 Year average price is £91,214 with Total Sold: 7
      • 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 £230,388 median price is £238,500 Standard Deviation is £78,543 with Total Sold: 49
      • The Last 5 Year average price is £243,875 with Total Sold: 8
      • The most recent sale happened at this postcode is , 2 GRASMERE AVENUE: £200,000 (Sold on 09 Dec 2022)
      • 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 £129,743 median price is £120,000 Standard Deviation is £68,028 with Total Sold: 93
      • The Last 5 Year average price is £171,376 with Total Sold: 15
      • The most recent sale happened at this postcode is , 39 MILL VALE: £186,250 (Sold on 06 Sep 2022)
      • The first recorded sale happened at this postcode is , 5 DUKES COTTAGES: £32,000 (Sold on 10 Feb 1995)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£96,5002
    2022£84,590 £1,353 5
    2021£82,500 £1,249 2
    2020£83,062 £1,224 8
    2019£77,333 £1,037 3
    2018£63,250 £927 2
    2017£72,750 £1,086 2
    2016£67,000 £769 2
    2015£87,500 £1,505 2
    2014£73,000 £800 2
    2013£64,333 £1,076 3
    2011£79,200 £1,101 5
    2010£109,664 £1,614 6
    2009£63,000 £887 1
    2008£112,833 £2,900 6
    2007£150,055 £1,864 9
    2006£143,367 £2,337 30
    2005£116,917 £1,794 6
    2004£20,0001
    2003£20,0001
    2000£25,0002
    1998£27,2502
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£92,858 £1,023 12
    2023£122,388 £1,415 16
    2022£142,821 £1,546 17
    2021£121,500 £1,299 14
    2020£103,888 £1,190 16
    2019£123,654 £1,243 13
    2018£138,950 £1,313 12
    2017£99,495 £1,252 11
    2016£122,496 £1,303 13
    2015£89,556 £1,034 8
    2014£98,375 £1,044 8
    2013£97,900 £1,026 10
    2012£125,145 £1,336 11
    2011£95,667 £1,163 6
    2010£125,214 £1,466 7
    2009£118,693 £1,412 15
    2008£151,506 £1,744 14
    2007£157,681 £1,519 34
    2006£125,360 £1,450 26
    2005£88,511 £1,161 18
    2004£84,128 £1,074 18
    2003£50,708 £573 13
    2002£48,678 £644 29
    2001£42,187 £507 23
    2000£29,575 £387 16
    1999£33,727 £444 13
    1998£27,961 £325 11
    1997£23,190 £625 4
    1996£36,775 £436 8
    1995£30,314 £372 11
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£80,0001
    2023£118,667 £1,320 3
    2022£78,0001
    2020£74,5001
    2019£50,0001
    2018£260,0001
    2017£63,0001
    2014£75,0001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£213,750 £2,600 2
    2021£287,500 £1,904 2
    2020£196,750 £1,834 2
    2019£277,500 £1,547 2
    2018£162,500 £2,887 2
    2017£257,125 £1,883 4
    2016£249,475 £1,481 2
    2015£290,833 £1,756 3
    2012£183,000 £3,252 1
    2010£270,562 £1,403 4
    2009£269,000 £1,615 2
    2008£249,320 £2,154 9
    2007£249,992 £2,092 6
    2006£376,0001
    2002£87,5002
    2001£106,667 £445 3
    1998£23,000 £301 1
    1995£172,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£210,625 £1,583 2
    2021£169,612 £1,604 4
    2020£174,361 £1,190 4
    2019£154,700 £1,868 5
    2018£182,475 £1,570 2
    2017£136,333 £1,426 3
    2016£200,000 £1,562 1
    2015£145,000 £1,648 1
    2014£124,700 £1,424 5
    2012£126,475 £1,547 2
    2011£149,200 £1,156 5
    2010£138,500 £1,611 2
    2009£204,998 £3,198 2
    2008£162,330 £2,001 8
    2007£206,994 £1,760 11
    2006£136,488 £1,345 4
    2005£89,500 £1,531 3
    2004£93,500 £1,059 2
    2003£80,890 £1,155 5
    2002£76,212 £745 4
    2001£53,083 £597 3
    2000£35,000 £574 1
    1999£32,475 £477 2
    1998£51,875 £325 4
    1997£30,000 £492 2
    1996£41,750 £539 4
    1995£43,500 £653 2

    House Type in NE15 8LT area

    The most common house types in the NE15 8LT 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 8LT 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