Housing Market Analysis for DERWENT AVENUE, NE15 8NJ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £67,064 median price is £59,500 Standard Deviation is £23,039 with Total Sold: 7
    • The Last 5 Year average price is £80,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 DERWENT AVENUE: £110,000 (Sold on 09 Aug 2022)
    • The first recorded sale happened at this postcode is 3 DERWENT AVENUE: £39,950 (Sold on 26 Apr 2002)
  • Flat
    • The average price is around £58,500 median price is £58,500 Standard Deviation is £23,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 9 DERWENT AVENUE: £35,000 (Sold on 17 Jul 2018)
    • The first recorded sale happened at this postcode is 7 DERWENT AVENUE: £82,000 (Sold on 18 Jan 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 8NJ 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£110,000 £1,222 1
2021£50,000 £601 1
2015£47,500 £571 1
2006£80,000 £962 1
2004£71,000 £1,007 2
2002£39,950 £444 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£35,000 £574 1
2008£82,0001

All the Sales in the DERWENT AVENUE, NE15 8NJ

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

AddressSold DatePrice% Change
3 DERWENT AVENUETerraced, FreeholdArea: 90 Sq.mtrAge: 1900-192909 Aug 2022£110,00084.87%
18 Jun 2004£59,50048.94%
26 Apr 2002£39,950First Sale
1 DERWENT AVENUETerraced, FreeholdArea: 83.2 Sq.mtrAge: 1900-192924 Jun 2021£50,0005.26%
21 Aug 2015£47,500-40.62%
17 Mar 2006£80,000First Sale
9 DERWENT AVENUEFlat, LeaseholdArea: 61 Sq.mtrAge: 1900-192917 Jul 2018£35,000-57.58%
19 Nov 2004£82,500First Sale
7 DERWENT AVENUEFlat, Leasehold18 Jan 2008£82,000First Sale

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

DERWENT AVENUE, NE15 8NJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE15 8NJ 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 8NJ 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 £229,980 median price is £236,250 Standard Deviation is £79,306 with Total Sold: 48
    • 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£249,990 £2,092 5
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 8NJ area

The most common house types in the NE15 8NJ postcode area are Flat (68), Terraced (21), and Semi-detached (10).

Total117
Flat68
Terraced21
Semi-detached10
Detached8
Shared house5
commercial building5
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (69), and Owned: Owns outright (15).

Social rented: Other social rented69
Owned: Owns outright15
Social rented: Rents from council or Local Authority13
Private rented: Private landlord or letting agency10
Owned: Owns with a mortgage or loan7
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE15 8NJ have 1 person in household (85), and 2 people in household (20).

1 person in household85
2 people in household20
4 people in household5
3 people in household4
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0