Housing Market Analysis for ALVERSTON CLOSE, NE15 8TB

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

Overview of Sold House prices

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

Flat
- The average price is around £41,333 median price is £36,400 Standard Deviation is £21,014 with Total Sold: 45
- The Last 5 Year average price is £51,000 with Total Sold: 2
- The most recent sale happened at this postcode is 18 ALVERSTON CLOSE: £65,000 (Sold on 06 Jun 2022)
- The first recorded sale happened at this postcode is 14 ALVERSTON CLOSE: £27,500 (Sold on 31 Jul 1995)
Semi-Detached
- The average price is around £88,250 median price is £69,500 Standard Deviation is £45,721 with Total Sold: 22
- The Last 5 Year average price is £147,500 with Total Sold: 2
- The most recent sale happened at this postcode is 15 ALVERSTON CLOSE: £165,000 (Sold on 01 Apr 2021)
- The first recorded sale happened at this postcode is 3 ALVERSTON CLOSE: £44,000 (Sold on 24 Jul 1995)
Terraced
- The average price is around £65,000 median price is £65,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 28 ALVERSTON CLOSE: £65,000 (Sold on 15 Aug 2018)
- The first recorded sale happened at this postcode is 28 ALVERSTON CLOSE: £65,000 (Sold on 15 Aug 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 8TB 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£65,000	£1,711	1
2021	£37,000	£1,542	1
2018	£42,800	£1,487	3
2017	£50,500	£1,246	2
2015	£40,000	£1,660	2
2013	£37,000	£1,542	1
2012	£27,000	£1,174	1
2010	£40,000	£1,667	1
2007	£63,000	£2,625	1
2006	£80,317	£2,799	6
2005	£75,000	£1,979	1
2004	£51,500	£1,760	2
2003	£45,200	£1,146	3
2002	£24,993	£895	7
2001	£17,000	£710	1
2000	£19,375	£588	2
1999	£28,975	£711	2
1998	£30,000	£789	1
1997	£22,725	£708	2
1996	£17,500	£729	2
1995	£29,000	£795	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£165,000	£1,833	1
2019	£130,000	£2,500	1
2017	£117,000	£2,250	1
2013	£124,999	£1,556	1
2007	£127,000		1
2006	£129,000	£2,708	2
2005	£127,667	£1,353	3
2004	£118,000	£1,469	1
2002	£72,000		1
2001	£43,000	£842	2
2000	£47,250	£847	4
1998	£47,000		1
1996	£40,250		2
1995	£44,000	£880	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£65,000	£1,667	1

All the Sales in the ALVERSTON CLOSE, NE15 8TB

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

Address	Sold Date	Price	% Change
18 ALVERSTON CLOSEFlat, LeaseholdArea: 38 Sq.mtrAge: 1976-1982	06 Jun 2022	£65,000	14.04%
	06 Jul 2018	£57,000	90.00%
	12 Nov 1998	£30,000	First Sale
15 ALVERSTON CLOSESemi-Detached, LeaseholdArea: 90 Sq.mtrAge: 1976-1982	01 Apr 2021	£165,000	4.43%
	01 Jun 2005	£158,000	0.0
	01 Jun 2005	£158,000	First Sale
38 ALVERSTON CLOSEFlat, LeaseholdArea: 24 Sq.mtrAge: 1976-1982	08 Jan 2021	£37,000	-7.50%
	28 Aug 2015	£40,000	-50.00%
	12 Apr 2006	£80,000	263.64%
	15 Nov 2002	£22,000	First Sale
3 ALVERSTON CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1976-1982	08 May 2019	£130,000	11.11%
	01 Dec 2017	£117,000	165.91%
	24 Jul 1995	£44,000	First Sale
34 ALVERSTON CLOSEFlat, LeaseholdArea: 24.3 Sq.mtrAge: 1976-1982	21 Sep 2018	£35,000	-56.25%
	28 Mar 2006	£80,000	400.00%
	17 Sep 2002	£16,000	36.17%
	09 Nov 2000	£11,750	First Sale
28 ALVERSTON CLOSETerraced, FreeholdArea: 39 Sq.mtrAge: 1976-1982	15 Aug 2018	£65,000	132.14%
	30 Apr 1999	£28,000	-9.68%
	21 Dec 1995	£31,000	First Sale
42 ALVERSTON CLOSEFlat, LeaseholdArea: 23.95 Sq.mtrAge: 1950-1966	25 May 2018	£36,400	-54.50%
	28 Mar 2006	£80,000	370.59%
	12 Oct 2001	£17,000	0.29%
	27 Sep 1997	£16,950	First Sale
24 ALVERSTON CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 1983-1990	08 Dec 2017	£56,000	-27.27%
	12 May 2006	£77,000	185.19%
	22 Sep 2000	£27,000	First Sale
12 ALVERSTON CLOSEFlat, LeaseholdArea: 42.6 Sq.mtrAge: 1983-1990	03 Nov 2017	£45,000	50.25%
	25 Jun 1999	£29,950	First Sale
46 ALVERSTON CLOSEFlat, LeaseholdArea: 24.19 Sq.mtrAge: 1967-1975	28 Aug 2015	£40,000	0.0
	24 Sep 2004	£40,000	53.85%
	02 Dec 2002	£26,000	First Sale
44 ALVERSTON CLOSEFlat, LeaseholdArea: 24 Sq.mtrAge: 1983-1990	12 Apr 2013	£37,000	60.87%
	13 Dec 2002	£23,000	First Sale
2 ALVERSTON CLOSESemi-Detached, LeaseholdArea: 80.32 Sq.mtrAge: 1983-1990	26 Feb 2013	£124,999	5.93%
	23 Jul 2004	£118,000	129.13%
	10 Jul 2000	£51,500	First Sale
48 ALVERSTON CLOSEFlat, LeaseholdArea: 23 Sq.mtrAge: 1983-1990	10 Aug 2012	£27,000	First Sale
36 ALVERSTON CLOSEFlat, LeaseholdArea: 24 Sq.mtrAge: 1967-1975	16 Jul 2010	£40,000	110.53%
	28 Oct 2002	£19,000	5.56%
	13 Sep 1996	£18,000	First Sale
40 ALVERSTON CLOSEFlat, LeaseholdArea: 24 Sq.mtrAge: 1967-1975	24 Aug 2007	£63,000	129.09%
	28 Aug 2003	£27,500	61.76%
	06 Sep 1996	£17,000	First Sale
5 ALVERSTON CLOSESemi-Detached, Leasehold	12 Apr 2007	£127,000	First Sale
10 ALVERSTON CLOSEFlat, LeaseholdArea: 37.89 Sq.mtrAge: 1983-1990	29 Sep 2006	£79,950	6.60%
	11 Mar 2005	£75,000	102.98%
	03 Sep 2002	£36,950	First Sale
26 ALVERSTON CLOSEFlat, Leasehold	07 Jul 2006	£84,950	37.02%
	21 Nov 2003	£62,000	117.54%
	30 Apr 1997	£28,500	First Sale
6 ALVERSTON CLOSESemi-Detached, LeaseholdArea: 48 Sq.mtrAge: 1967-1975	02 Jun 2006	£130,000	157.43%
	28 Jan 2000	£50,500	First Sale
9 ALVERSTON CLOSESemi-Detached, Leasehold	07 Apr 2006	£128,000	First Sale
20 ALVERSTON CLOSESemi-Detached, Leasehold	05 Aug 2005	£67,000	143.64%
20 ALVERSTON CLOSESemi-Detached, Leasehold	19 Nov 1996	£27,500	First Sale
22 ALVERSTON CLOSEFlat, LeaseholdArea: 34 Sq.mtrAge: 1976-1982	11 Jun 2004	£63,000	First Sale
16 ALVERSTON CLOSEFlat, Leasehold	14 Jan 2003	£46,100	44.06%
	03 May 2002	£32,000	12.28%
	25 Aug 1995	£28,500	First Sale
4 ALVERSTON CLOSESemi-Detached, Leasehold	21 Jun 2002	£72,000	53.19%
4 ALVERSTON CLOSESemi-Detached, Leasehold	26 Jun 1998	£47,000	First Sale
30 ALVERSTON CLOSESemi-Detached, LeaseholdArea: 38 Sq.mtrAge: 1976-1982	16 Aug 2001	£32,000	First Sale
7 ALVERSTON CLOSESemi-Detached, Freehold	20 Apr 2001	£54,000	First Sale
1 ALVERSTON CLOSESemi-Detached, Leasehold	10 Jul 2000	£56,000	First Sale
32 ALVERSTON CLOSESemi-Detached, Leasehold	07 Jul 2000	£31,000	First Sale
8 ALVERSTON CLOSESemi-Detached, Leasehold	26 Jul 1996	£53,000	First Sale
14 ALVERSTON CLOSEFlat, Leasehold	31 Jul 1995	£27,500	First Sale

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

ALVERSTON CLOSE, NE15 8TB Near By properties

Interactive Map

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

Detached
- The average price is around £164,897 median price is £173,000 Standard Deviation is £72,780 with Total Sold: 190
- The Last 5 Year average price is £211,082 with Total Sold: 33
- The most recent sale happened at this postcode is , 38 OLD SCHOOL DRIVE: £290,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 5 MOSS CLOSE: £58,950 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £106,812 median price is £110,000 Standard Deviation is £50,874 with Total Sold: 826
- The Last 5 Year average price is £154,688 with Total Sold: 141
- 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 , 52 WESTERN AVENUE: £49,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £99,865 median price is £95,000 Standard Deviation is £46,136 with Total Sold: 478
- The Last 5 Year average price is £137,196 with Total Sold: 93
- The most recent sale happened at this postcode is , 23 BLANCHLAND AVENUE: £172,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 17 BRIDGEWATER CLOSE: £52,950 (Sold on 27 Jan 1995)
Flat
- The average price is around £55,686 median price is £51,000 Standard Deviation is £28,771 with Total Sold: 367
- The Last 5 Year average price is £71,650 with Total Sold: 34
- The most recent sale happened at this postcode is , 19 COBALT CLOSE: £75,000 (Sold on 14 Mar 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 £385,058 median price is £115,000 Standard Deviation is £1,011,343 with Total Sold: 13
- The Last 5 Year average price is £79,422 with Total Sold: 9
- The most recent sale happened at this postcode is , 3 COBALT CLOSE: £2,867 (Sold on 31 Jan 2023)
- The first recorded sale happened at this postcode is , PEREGRINE HILLHEAD ROAD: £3,874,999 (Sold on 24 May 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£223,317	£2,600	3
2023	£227,875	£2,768	4
2022	£240,500	£2,235	9
2021	£202,545	£2,299	11
2020	£176,250	£2,099	4
2019	£143,375	£2,901	2
2018	£216,356	£2,427	7
2017	£197,767	£2,243	6
2016	£219,054	£2,056	9
2015	£227,239	£2,413	28
2014	£188,986	£2,065	10
2013	£142,917	£1,616	6
2012	£172,475	£1,654	2
2011	£160,000	£1,684	1
2010	£170,750	£2,372	4
2009	£140,000		1
2008	£215,000	£1,667	2
2007	£223,112	£1,881	4
2006	£186,492	£2,024	6
2005	£152,333	£2,957	3
2004	£162,488	£2,407	4
2003	£158,409	£1,484	11
2002	£116,750	£1,011	10
2001	£58,625	£1,443	4
2000	£75,564	£754	7
1999	£60,650	£911	5
1998	£58,841	£744	11
1997	£68,400	£912	5
1996	£86,650	£421	3
1995	£59,981	£887	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£169,883	£2,793	9
2023	£152,092	£1,890	16
2022	£174,379	£2,155	36
2021	£157,361	£1,832	33
2020	£149,421	£1,830	19
2019	£126,393	£1,562	28
2018	£135,076	£1,639	31
2017	£131,077	£1,475	27
2016	£140,293	£1,635	22
2015	£156,214	£1,900	23
2014	£133,002	£1,685	29
2013	£110,673	£1,564	26
2012	£121,809	£1,348	23
2011	£120,538	£1,311	13
2010	£123,585	£1,480	23
2009	£123,224	£1,483	19
2008	£124,283	£1,676	18
2007	£134,820	£1,785	33
2006	£131,290	£1,566	33
2005	£129,211	£1,773	28
2004	£129,100	£1,597	22
2003	£97,589	£1,113	35
2002	£67,330	£879	44
2001	£60,693	£776	36
2000	£54,121	£684	38
1999	£51,469	£639	29
1998	£47,284	£591	42
1997	£47,732	£639	30
1996	£45,881	£533	34
1995	£42,810	£562	27

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£149,550	£2,113	10
2023	£151,159	£1,780	22
2022	£154,363	£1,893	15
2021	£134,288	£1,624	17
2020	£120,265	£1,563	13
2019	£111,028	£1,337	16
2018	£88,611	£1,281	9
2017	£129,346	£1,530	12
2016	£135,337	£1,704	12
2015	£136,103	£1,768	14
2014	£123,299	£1,620	17
2013	£92,169	£1,106	13
2012	£97,744	£1,170	10
2011	£100,282	£1,318	14
2010	£127,996	£1,339	12
2009	£107,788	£1,205	12
2008	£114,333	£1,642	9
2007	£132,888	£1,645	24
2006	£118,325	£1,440	32
2005	£109,606	£1,458	18
2004	£97,617	£1,124	26
2003	£66,517	£900	19
2002	£71,352	£823	21
2001	£60,405	£703	19
2000	£48,850	£504	11
1999	£52,760	£660	15
1998	£42,559	£579	23
1997	£47,038	£677	13
1996	£32,368	£415	10
1995	£46,192	£714	20

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£114,167	£2,206	3
2023	£73,086	£1,850	7
2022	£82,167	£1,814	6
2021	£62,286	£1,654	7
2020	£55,750	£1,077	6
2019	£63,700	£1,411	5
2018	£76,483	£1,710	9
2017	£53,562	£1,350	8
2016	£80,287	£1,461	8
2015	£58,077	£1,418	13
2014	£67,921	£1,501	7
2013	£64,250	£1,566	4
2012	£57,357	£1,500	7
2011	£78,350	£1,888	5
2010	£61,250	£1,652	2
2009	£71,000	£1,391	4
2008	£83,125	£1,774	6
2007	£99,318	£2,096	14
2006	£84,081	£2,093	24
2005	£83,174	£1,763	21
2004	£69,656	£1,468	18
2003	£49,576	£1,156	27
2002	£36,962	£874	29
2001	£36,828	£712	25
2000	£32,686	£706	22
1999	£30,681	£688	16
1998	£42,356	£712	18
1997	£27,236	£633	18
1996	£33,810	£679	15
1995	£26,612	£675	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£42,372	£571	3
2022	£142,750	£1,387	3
2021	£6,125		1
2020	£3,306	£70	1
2019	£150,000		1
2018	£209,950	£2,000	1
2017	£103,002	£973	2
2016	£3,874,999		1

House Type in NE15 8TB area

The most common house types in the NE15 8TB postcode area are Semi-detached (68), Detached (24), and Terraced (17).

Total	124
Semi-detached	68
Detached	24
Terraced	17
Flat	13
Shared house	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (68), and Owned: Owns outright (36).

Owned: Owns with a mortgage or loan	68
Owned: Owns outright	36
Private rented: Private landlord or letting agency	16
Private rented: Other private rented	3
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NE15 8TB have 2 people in household (43), and 1 person in household (37).

2 people in household	43
1 person in household	37
4 people in household	25
3 people in household	16
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0