Housing Market Analysis for ELMWOOD, NE15 8TP

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

Overview of Sold House prices

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

Terraced
- The average price is around £75,936 median price is £53,500 Standard Deviation is £35,760 with Total Sold: 28
- The Last 5 Year average price is £129,000 with Total Sold: 2
- The most recent sale happened at this postcode is 3 ELMWOOD: £153,000 (Sold on 14 Jul 2023)
- The first recorded sale happened at this postcode is 10 ELMWOOD: £45,950 (Sold on 20 Jul 1995)
Semi-Detached
- The average price is around £72,343 median price is £49,950 Standard Deviation is £36,659 with Total Sold: 7
- The Last 5 Year average price is £130,000 with Total Sold: 1
- The most recent sale happened at this postcode is 8 ELMWOOD: £130,000 (Sold on 22 Feb 2019)
- The first recorded sale happened at this postcode is 1 ELMWOOD: £48,500 (Sold on 09 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 8TP 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£129,000	£2,152	2
2017	£105,500	£1,730	1
2016	£114,500	£1,908	1
2011	£114,000	£1,869	1
2008	£119,500	£2,173	1
2007	£132,250		2
2005	£118,000	£2,145	1
2004	£104,500	£2,000	2
2002	£65,000	£1,161	1
2001	£56,000	£1,000	1
2000	£56,950		1
1999	£50,500	£828	3
1998	£48,000	£762	1
1995	£44,575	£738	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£130,000	£2,203	1
2007	£129,950		1
2000	£57,000	£950	1
1998	£49,950	£832	1
1995	£46,500	£815	3

All the Sales in the ELMWOOD, NE15 8TP

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

Address	Sold Date	Price	% Change
3 ELMWOODTerraced, FreeholdArea: 63 Sq.mtrAge: 1996-2002	14 Jul 2023	£153,000	218.75%
	25 Sep 1998	£48,000	12.94%
	18 Sep 1995	£42,500	First Sale
10 ELMWOODTerraced, FreeholdArea: 56 Sq.mtrAge: 1991-1995	10 Feb 2023	£105,000	61.54%
	30 Aug 2002	£65,000	16.07%
	12 Apr 2001	£56,000	21.87%
	20 Jul 1995	£45,950	First Sale
8 ELMWOODSemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1996-2002	22 Feb 2019	£130,000	168.04%
	25 Aug 1995	£48,500	First Sale
12 ELMWOODTerraced, FreeholdArea: 61 Sq.mtrAge: 2003-2006	19 Dec 2017	£105,500	-7.46%
	11 Feb 2011	£114,000	125.74%
	25 Jun 1999	£50,500	9.90%
	14 Aug 1995	£45,950	First Sale
1 ELMWOODTerraced, FreeholdArea: 60 Sq.mtrAge: 1991-1995	27 May 2016	£114,500	100.88%
	06 Nov 2000	£57,000	14.11%
	11 May 1998	£49,950	2.99%
	09 Aug 1995	£48,500	First Sale
6 ELMWOODTerraced, FreeholdArea: 55 Sq.mtrAge: 1991-1995	22 Apr 2008	£119,500	1.27%
	26 Aug 2005	£118,000	7.27%
	31 Aug 2004	£110,000	165.06%
	31 Jul 1995	£41,500	First Sale
4 ELMWOODTerraced, Freehold	03 May 2007	£135,000	164.71%
	24 Sep 1999	£51,000	2.00%
	29 Jan 1999	£50,000	6.50%
	09 Aug 1995	£46,950	First Sale
5 ELMWOODTerraced, Freehold	12 Feb 2007	£129,500	30.81%
	23 Apr 2004	£99,000	115.45%
	21 Sep 1995	£45,950	First Sale
7 ELMWOODSemi-Detached, Freehold	09 Feb 2007	£129,950	205.76%
7 ELMWOODSemi-Detached, Freehold	31 Aug 1995	£42,500	First Sale
14 ELMWOODTerraced, Freehold	01 Sep 2000	£56,950	17.42%
14 ELMWOODTerraced, Freehold	01 Sep 1995	£48,500	First Sale
11 ELMWOODTerraced, FreeholdArea: 59 Sq.mtrAge: 1983-1990	31 Oct 1995	£45,000	First Sale
9 ELMWOODTerraced, FreeholdArea: 65 Sq.mtrAge: 1991-1995	18 Aug 1995	£42,950	First Sale
2 ELMWOODTerraced, FreeholdArea: 55 Sq.mtrAge: 1991-1995	18 Aug 1995	£40,500	First Sale

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

ELMWOOD, NE15 8TP Near By properties

Interactive Map

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

Detached
- The average price is around £163,163 median price is £172,000 Standard Deviation is £72,280 with Total Sold: 202
- The Last 5 Year average price is £211,077 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)
Semi-Detached
- The average price is around £106,477 median price is £110,000 Standard Deviation is £50,054 with Total Sold: 923
- The Last 5 Year average price is £153,178 with Total Sold: 164
- 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 , 50 BROADWAY: £45,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £99,849 median price is £95,000 Standard Deviation is £45,811 with Total Sold: 469
- The Last 5 Year average price is £137,495 with Total Sold: 91
- 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 £464,797 median price is £170,000 Standard Deviation is £989,146 with Total Sold: 15
- The Last 5 Year average price is £96,800 with Total Sold: 11
- 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	£222,300	£2,768	5
2022	£240,500	£2,235	9
2021	£204,167	£2,271	12
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	£188,624	£2,026	11
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	£217,490	£1,881	5
2006	£186,492	£2,024	6
2005	£152,333	£2,957	3
2004	£160,990	£2,148	5
2003	£154,958	£1,460	13
2002	£117,042	£993	12
2001	£58,625	£1,443	4
2000	£75,564	£754	7
1999	£60,650	£911	5
1998	£57,562	£703	12
1997	£65,667	£912	6
1996	£81,738	£421	4
1995	£59,981	£887	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,195	£2,793	11
2023	£153,690	£1,888	18
2022	£167,913	£2,054	42
2021	£154,315	£1,775	40
2020	£152,261	£1,815	22
2019	£127,839	£1,570	31
2018	£132,834	£1,601	34
2017	£128,470	£1,409	30
2016	£134,734	£1,580	25
2015	£153,330	£1,837	27
2014	£130,312	£1,634	32
2013	£107,363	£1,523	26
2012	£121,940	£1,348	24
2011	£110,938	£1,208	17
2010	£121,560	£1,480	24
2009	£119,638	£1,432	25
2008	£122,823	£1,580	22
2007	£135,642	£1,725	39
2006	£131,307	£1,546	36
2005	£128,428	£1,721	29
2004	£130,281	£1,584	26
2003	£98,461	£1,136	38
2002	£66,745	£866	45
2001	£61,874	£771	40
2000	£53,393	£675	42
1999	£50,656	£618	31
1998	£47,415	£595	48
1997	£47,130	£639	32
1996	£44,856	£498	35
1995	£43,058	£546	32

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£149,550	£2,113	10
2023	£148,974	£1,727	19
2022	£155,966	£1,910	16
2021	£135,468	£1,630	17
2020	£120,265	£1,563	13
2019	£114,012	£1,364	16
2018	£90,250	£1,278	10
2017	£133,680	£1,604	12
2016	£135,337	£1,704	12
2015	£136,103	£1,768	14
2014	£123,299	£1,620	17
2013	£90,729	£1,096	14
2012	£97,744	£1,170	10
2011	£100,282	£1,318	14
2010	£130,086	£1,333	11
2009	£108,591	£1,277	11
2008	£128,167	£2,082	6
2007	£131,150	£1,658	22
2006	£116,527	£1,440	33
2005	£108,997	£1,448	17
2004	£97,630	£1,120	27
2003	£66,517	£900	19
2002	£71,518	£834	22
2001	£59,026	£703	17
2000	£48,850	£504	11
1999	£52,760	£660	15
1998	£41,812	£581	22
1997	£47,038	£677	13
1996	£32,742	£446	9
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	£118,708	£2,208	3
2020	£3,306	£70	1
2019	£150,000		1
2018	£209,950	£2,000	1
2017	£911,103	£1,870	2
2016	£3,874,999		1

House Type in NE15 8TP area

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