Housing Market Analysis for COBALT CLOSE, NE15 8TL

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £99,489 median price is £73,000 Standard Deviation is £53,523 with Total Sold: 14
    • The Last 5 Year average price is £133,750 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 COBALT CLOSE: £76,000 (Sold on 28 Jun 2023)
    • The first recorded sale happened at this postcode is 6 COBALT CLOSE: £39,000 (Sold on 06 Feb 1995)
  • Terraced
    • The average price is around £74,115 median price is £63,000 Standard Deviation is £34,818 with Total Sold: 10
    • The Last 5 Year average price is £76,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 COBALT CLOSE: £76,000 (Sold on 19 Apr 2023)
    • The first recorded sale happened at this postcode is 3 COBALT CLOSE: £32,400 (Sold on 15 Dec 1995)
  • Other
    • The average price is around £2,867 median price is £2,867 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £2,867 with Total Sold: 1
    • 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 3 COBALT CLOSE: £2,867 (Sold on 31 Jan 2023)
  • Flat
    • The average price is around £51,719 median price is £47,000 Standard Deviation is £23,183 with Total Sold: 27
    • The Last 5 Year average price is £76,100 with Total Sold: 5
    • The most recent sale happened at this postcode is 4 COBALT CLOSE: £89,000 (Sold on 18 Jul 2022)
    • The first recorded sale happened at this postcode is 19 COBALT CLOSE: £75,000 (Sold on 14 Mar 2024)
  • Detached
    • The average price is around £89,500 median price is £89,500 Standard Deviation is £35,500 with Total Sold: 2
    • The Last 5 Year average price is £125,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 COBALT CLOSE: £125,000 (Sold on 26 Feb 2021)
    • The first recorded sale happened at this postcode is 8 COBALT CLOSE: £54,000 (Sold on 27 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 8TL 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£76,000 £1,949 1
2022£180,250 £2,651 1
2019£145,000 £1,495 1
2018£148,000 £2,176 1
2016£166,000 £1,665 1
2015£160,000 £1,605 1
2006£155,0001
2002£54,975 £863 2
2000£60,000 £619 1
1998£62,4502
1997£28,750 £737 1
1995£39,000 £391 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£76,000 £1,949 1
2013£57,250 £1,468 1
2007£152,000 £2,235 1
2006£120,0001
2005£85,000 £2,179 1
2003£45,000 £1,154 1
2002£63,0002
1998£47,5001
1995£32,400 £831 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,867 £74 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£89,000 £2,171 1
2021£72,167 £2,030 3
2017£52,000 £1,529 1
2014£60,000 £1,587 1
2011£70,000 £1,852 1
2007£84,000 £1,909 1
2006£87,500 £2,244 1
2005£83,000 £2,184 1
2004£65,000 £1,477 1
2003£51,650 £1,388 3
2002£38,950 £1,146 1
2001£30,750 £778 2
2000£31,250 £838 2
1999£29,000 £853 2
1998£29,500 £819 1
1997£25,000 £735 1
1996£27,000 £697 2
1995£30,0001
2024£75,000 £2,206 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£125,000 £2,604 1
1997£54,000 £1,125 1

All the Sales in the COBALT CLOSE, NE15 8TL

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

AddressSold DatePrice% Change
1 COBALT CLOSESemi-Detached, FreeholdArea: 39 Sq.mtrAge: 1976-198228 Jun 2023£76,000-13.14%
10 May 2006£87,5002.94%
16 Jun 2005£85,00088.89%
17 Apr 2003£45,000First Sale
3 COBALT CLOSETerraced, LeaseholdArea: 39 Sq.mtrAge: 1983-199019 Apr 2023£76,0002550.85%
31 Jan 2023£2,867-91.15%
15 Dec 1995£32,400First Sale
4 COBALT CLOSEFlat, LeaseholdArea: 41 Sq.mtrAge: 1967-197518 Jul 2022£89,0007.23%
12 Dec 2005£83,000155.38%
18 Feb 2000£32,500First Sale
14 COBALT CLOSESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1976-198223 Mar 2022£180,25021.79%
30 Nov 2018£148,000-2.63%
29 Nov 2007£152,000First Sale
18 COBALT CLOSEFlat, LeaseholdArea: 35 Sq.mtrAge: 1983-199020 Dec 2021£100,00039.86%
21 May 2021£71,500First Sale
23 COBALT CLOSEFlat, LeaseholdArea: 37.8 Sq.mtrAge: 1983-199017 Jun 2021£45,000-25.00%
27 Oct 2014£60,000-14.29%
02 Sep 2011£70,000-16.67%
27 Apr 2007£84,00029.23%
07 Dec 2004£65,00038.30%
23 Jan 2003£47,00056.67%
20 Jun 2001£30,0003.45%
26 Jan 1996£29,000First Sale
8 COBALT CLOSEDetached, FreeholdArea: 48 Sq.mtrAge: 1991-199526 Feb 2021£125,000131.48%
27 Jun 1997£54,000First Sale
16 COBALT CLOSESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1976-198203 Jun 2019£145,000141.67%
29 Sep 2000£60,000First Sale
19 COBALT CLOSEFlat, LeaseholdArea: 34 Sq.mtrAge: 1976-198206 Oct 2017£52,00033.50%
19 Jul 2002£38,95039.11%
17 Nov 1999£28,00012.00%
31 Jan 1997£25,000-66.67%
14 Mar 2024£75,000First Sale
6 COBALT CLOSESemi-Detached, FreeholdArea: 99.7 Sq.mtrAge: 1983-199021 Oct 2016£166,0003.75%
22 Sep 2015£160,000128.57%
28 Jun 2002£70,00079.49%
06 Feb 1995£39,000First Sale
2 COBALT CLOSETerraced, LeaseholdArea: 39 Sq.mtrAge: 1976-198213 Sep 2013£57,25043.30%
27 Sep 2002£39,95038.96%
27 Jun 1997£28,750First Sale
11 COBALT CLOSESemi-Detached, Leasehold13 Jan 2006£155,000172.17%
04 Sep 1998£56,950First Sale
5 COBALT CLOSETerraced, Leasehold13 Jan 2006£120,000152.63%
29 Jun 1998£47,500First Sale
24 COBALT CLOSEFlat, LeaseholdArea: 34 Sq.mtrAge: 1976-198214 Nov 2003£59,95099.83%
18 Oct 2000£30,0000.0
10 Sep 1999£30,00020.00%
18 Oct 1996£25,000First Sale
22 COBALT CLOSEFlat, LeaseholdArea: 36 Sq.mtrAge: 1983-199030 Apr 2003£48,00052.38%
30 Nov 2001£31,5006.78%
27 Apr 1998£29,500First Sale
12 COBALT CLOSETerraced, Leasehold17 May 2002£64,0003.23%
01 Mar 2002£62,000First Sale
15 COBALT CLOSESemi-Detached, Freehold13 Mar 1998£67,950First Sale
25 COBALT CLOSEFlat, Leasehold24 Nov 1995£30,000First Sale

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

COBALT CLOSE, NE15 8TL Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £112,710 median price is £117,360 Standard Deviation is £52,239 with Total Sold: 1,039
    • The Last 5 Year average price is £166,738 with Total Sold: 175
    • The most recent sale happened at this postcode is , 19 HILLHEAD DRIVE: £189,500 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 52 WESTERN AVENUE: £49,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £168,566 median price is £173,000 Standard Deviation is £74,234 with Total Sold: 225
    • The Last 5 Year average price is £220,120 with Total Sold: 35
    • 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)
  • Terraced
    • The average price is around £107,553 median price is £111,000 Standard Deviation is £49,424 with Total Sold: 487
    • The Last 5 Year average price is £147,021 with Total Sold: 99
    • The most recent sale happened at this postcode is , 107 HARTSIDE: £115,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 47 ASHDALE CRESCENT: £56,500 (Sold on 19 Jan 1995)
  • Flat
    • The average price is around £54,929 median price is £49,625 Standard Deviation is £29,646 with Total Sold: 274
    • The Last 5 Year average price is £75,229 with Total Sold: 24
    • 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 £470,447 median price is £170,000 Standard Deviation is £1,019,937 with Total Sold: 13
    • The Last 5 Year average price is £183,080 with Total Sold: 10
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£184,177 £2,261 11
2023£168,582 £2,048 18
2022£187,301 £2,231 47
2021£164,009 £1,986 39
2020£156,356 £1,870 26
2019£142,766 £1,694 34
2018£140,153 £1,681 38
2017£141,477 £1,633 40
2016£138,577 £1,593 28
2015£152,829 £1,845 34
2014£137,529 £1,684 38
2013£117,276 £1,638 29
2012£124,503 £1,424 31
2011£125,905 £1,386 21
2010£129,445 £1,622 28
2009£128,991 £1,581 27
2008£124,891 £1,601 22
2007£141,491 £1,738 44
2006£134,430 £1,591 42
2005£133,778 £1,773 32
2004£134,375 £1,691 26
2003£103,315 £1,240 43
2002£67,881 £848 57
2001£63,868 £760 46
2000£58,621 £703 46
1999£51,612 £649 41
1998£48,082 £569 48
1997£51,129 £679 34
1996£45,921 £575 38
1995£44,512 £562 31
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£251,238 £2,600 4
2023£244,300 £2,658 5
2022£240,500 £2,235 9
2021£209,458 £2,318 12
2020£171,000 £2,081 3
2019£143,375 £2,901 2
2018£227,499 £2,519 9
2017£203,200 £2,116 8
2016£229,499 £2,066 12
2015£227,239 £2,413 28
2014£200,990 £2,080 13
2013£136,275 £1,539 8
2012£169,350 £1,451 4
2011£160,000 £1,684 1
2010£168,827 £2,191 5
2009£140,0001
2008£223,333 £1,742 3
2007£217,490 £1,881 5
2006£191,556 £1,931 8
2005£152,333 £2,957 3
2004£152,158 £2,407 6
2003£167,467 £1,505 15
2002£116,750 £1,011 10
2001£58,625 £1,443 4
2000£82,815 £754 10
1999£66,792 £911 6
1998£58,841 £744 11
1997£69,857 £809 7
1996£97,990 £627 5
1995£59,981 £887 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,625 £2,062 8
2023£158,421 £1,814 19
2022£170,906 £2,060 16
2021£142,043 £1,621 21
2020£134,933 £1,660 15
2019£131,135 £1,519 20
2018£132,630 £1,719 15
2017£142,404 £1,688 14
2016£146,685 £1,850 11
2015£144,046 £1,850 15
2014£132,505 £1,751 16
2013£98,775 £1,246 8
2012£110,118 £1,325 8
2011£118,692 £1,450 13
2010£132,729 £1,372 12
2009£121,143 £1,270 7
2008£135,272 £1,938 9
2007£151,100 £1,852 22
2006£129,439 £1,546 27
2005£121,115 £1,614 17
2004£106,740 £1,201 25
2003£77,551 £951 16
2002£72,834 £869 22
2001£63,508 £703 23
2000£58,039 £695 9
1999£51,570 £603 23
1998£44,942 £615 24
1997£49,239 £649 19
1996£43,533 £629 12
1995£46,576 £697 21
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£129,250 £2,206 2
2023£79,100 £1,501 5
2022£77,500 £1,849 4
2021£66,167 £1,808 6
2020£55,375 £1,054 4
2019£74,333 £1,741 3
2018£62,058 £1,514 6
2017£54,071 £1,408 7
2016£80,614 £1,445 7
2015£57,909 £1,476 11
2014£66,738 £1,630 4
2013£60,667 £1,585 3
2012£55,200 £1,523 5
2011£78,350 £1,888 5
2010£40,000 £1,667 1
2009£80,000 £1,527 1
2008£82,833 £1,878 3
2007£102,405 £2,069 11
2006£82,732 £2,272 17
2005£81,938 £1,803 13
2004£70,387 £1,517 15
2003£47,068 £1,177 20
2002£35,235 £878 23
2001£39,579 £748 19
2000£33,529 £727 17
1999£30,971 £729 12
1998£45,060 £734 15
1997£26,362 £670 12
1996£36,105 £717 11
1995£26,579 £699 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£6,058 £90 2
2022£436,417 £5,294 3
2021£118,708 £2,208 3
2020£3,306 £70 1
2019£150,0001
2018£209,950 £2,000 1
2017£200,070 £1,870 1
2016£3,874,9991

House Type in NE15 8TL area

The most common house types in the NE15 8TL postcode area are Detached (90), Semi-detached (75), and Flat (14).

Total192
Detached90
Semi-detached75
Flat14
Terraced12
Shared house1
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 (86), and Owned: Owns outright (76).

Owned: Owns with a mortgage or loan86
Owned: Owns outright76
Private rented: Private landlord or letting agency19
Social rented: Rents from council or Local Authority4
Social rented: Other social rented4
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE15 8TL have 2 people in household (81), and 1 person in household (64).

2 people in household81
1 person in household64
3 people in household28
4 people in household14
6 people in household2
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0