Housing Market Analysis for REETH WAY, NE15 9LB

Are you looking to understand NE15 9LB 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 9LB area, explore the NE15 9LB Area information page.
For comprehensive crime statistics in the NE15 9LB area, explore the NE15 9LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE15 9LB postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £101,667 median price is £125,000 Standard Deviation is £32,998 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 REETH WAY: £125,000 (Sold on 10 Jul 2007)
    • The first recorded sale happened at this postcode is 2 REETH WAY: £55,000 (Sold on 06 Dec 1996)
  • Detached
    • The average price is around £70,000 median price is £70,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 REETH WAY: £70,000 (Sold on 24 Sep 1999)
    • The first recorded sale happened at this postcode is 6 REETH WAY: £70,000 (Sold on 24 Sep 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 9LB 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
2007£125,000 £1,506 2
1996£55,000 £846 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£70,0001

All the Sales in the REETH WAY, NE15 9LB

See the table below for more details on the sold house prices in the NE15 9LB, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
4 REETH WAYSemi-Detached, LeaseholdArea: 83 Sq.mtrAge: 1950-196610 Jul 2007£125,0000.0
10 Jul 2007£125,000First Sale
6 REETH WAYDetached, Freehold24 Sep 1999£70,000First Sale
2 REETH WAYSemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1930-194906 Dec 1996£55,000First Sale

Check out the sold house prices near the NE15 9LB postcode. Properties currently for saleProperties currently for rent

REETH WAY, NE15 9LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE15 9LB 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 9LB postcode.

  • Semi-Detached
    • The average price is around £132,454 median price is £140,000 Standard Deviation is £56,944 with Total Sold: 444
    • The Last 5 Year average price is £175,629 with Total Sold: 112
    • The most recent sale happened at this postcode is , WESTON HOUSE HEXHAM ROAD: £415,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 37 WELLFIELD CLOSE: £55,600 (Sold on 30 Mar 1995)
  • Terraced
    • The average price is around £126,595 median price is £115,000 Standard Deviation is £87,768 with Total Sold: 260
    • The Last 5 Year average price is £192,970 with Total Sold: 45
    • The most recent sale happened at this postcode is , 32 VALLUM PLACE: £150,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 HILL HOUSE ROAD: £52,000 (Sold on 03 Mar 1995)
  • Detached
    • The average price is around £192,180 median price is £179,995 Standard Deviation is £79,596 with Total Sold: 137
    • The Last 5 Year average price is £260,126 with Total Sold: 33
    • The most recent sale happened at this postcode is , TYNE VIEW HEXHAM ROAD: £295,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 VALESIDE: £63,000 (Sold on 21 Aug 1995)
  • Flat
    • The average price is around £62,701 median price is £51,250 Standard Deviation is £40,236 with Total Sold: 134
    • The Last 5 Year average price is £76,697 with Total Sold: 15
    • The most recent sale happened at this postcode is , 145 HALLOW DRIVE: £82,000 (Sold on 30 Apr 2024)
    • The first recorded sale happened at this postcode is , 33 HOLEYN ROAD: £38,500 (Sold on 12 May 1995)
  • Other
    • The average price is around £229,110 median price is £180,000 Standard Deviation is £148,882 with Total Sold: 8
    • The Last 5 Year average price is £292,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2A WOODLANDS: £430,000 (Sold on 27 Jul 2022)
    • The first recorded sale happened at this postcode is , 6 VALLUM PLACE: £264,120 (Sold on 31 Mar 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,3567
2023£184,722 £2,271 18
2022£187,648 £2,348 20
2021£170,594 £2,030 31
2020£155,880 £1,791 20
2019£167,000 £1,914 16
2018£155,427 £1,845 11
2017£149,605 £1,823 37
2016£138,100 £1,701 24
2015£135,085 £1,508 14
2014£186,538 £1,746 13
2013£138,625 £1,524 8
2012£137,200 £1,377 10
2011£138,051 £1,753 14
2010£134,580 £1,668 10
2009£135,250 £1,546 6
2008£164,933 £1,864 9
2007£142,230 £1,547 13
2006£153,640 £2,114 21
2005£151,845 £2,110 12
2004£155,989 £1,508 9
2003£104,346 £1,147 14
2002£76,759 £946 17
2001£63,608 £769 13
2000£60,181 £640 8
1999£63,998 £709 20
1998£53,135 £474 13
1997£50,267 £483 15
1996£52,400 £593 11
1995£53,130 £491 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£219,000 £3,388 2
2023£224,834 £2,188 10
2022£223,400 £2,035 10
2021£168,250 £1,439 8
2020£170,217 £2,052 6
2019£155,111 £1,565 9
2018£147,614 £1,686 11
2017£125,103 £1,705 14
2016£172,748 £1,769 12
2015£167,250 £1,506 6
2014£120,750 £1,565 4
2013£122,636 £1,511 7
2012£194,499 £1,743 6
2011£116,143 £1,617 7
2010£140,823 £1,697 6
2009£105,625 £1,509 8
2008£147,078 £1,271 9
2007£140,572 £1,647 13
2006£118,877 £1,291 13
2005£161,247 £1,341 18
2004£153,283 £1,410 7
2003£91,600 £1,480 5
2002£71,634 £783 10
2001£51,361 £594 9
2000£67,300 £641 8
1999£50,562 £568 8
1998£46,727 £496 15
1997£44,764 £555 11
1996£37,042 £521 3
1995£42,400 £435 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£295,0001
2023£255,303 £2,359 6
2022£303,993 £2,645 7
2021£253,695 £2,340 10
2020£275,300 £2,374 3
2019£211,092 £2,221 6
2018£205,374 £1,835 6
2017£189,048 £2,099 10
2016£181,989 £2,138 5
2015£191,333 £1,747 6
2014£305,000 £2,455 3
2013£163,500 £2,336 2
2012£180,580 £1,819 15
2011£180,894 £2,040 6
2010£181,221 £1,879 5
2009£192,500 £1,805 2
2008£256,000 £2,162 2
2007£227,6673
2006£173,700 £1,864 5
2005£180,997 £1,354 3
2004£335,000 £2,093 2
2003£156,975 £1,535 2
2002£118,350 £1,073 8
2001£210,0001
1999£109,625 £644 4
1998£85,500 £686 4
1997£62,5001
1996£73,750 £513 6
1995£67,983 £645 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£82,0001
2023£50,988 £959 4
2022£82,250 £1,211 4
2021£65,000 £1,083 1
2020£56,000 £1,037 1
2019£103,625 £1,242 4
2018£62,400 £1,093 5
2017£85,500 £1,353 2
2016£69,429 £1,051 7
2015£64,600 £1,166 5
2014£60,000 £882 3
2013£53,750 £997 4
2012£74,917 £1,371 6
2011£62,774 £1,536 4
2010£62,925 £1,262 2
2008£112,000 £1,705 3
2007£91,143 £1,492 7
2006£91,000 £1,686 7
2005£65,550 £1,309 6
2004£85,875 £1,389 8
2003£42,000 £700 1
2002£70,981 £890 13
2001£35,025 £481 8
2000£26,725 £364 4
1999£24,000 £574 1
1998£24,688 £364 4
1997£33,059 £376 11
1996£24,000 £401 2
1995£26,750 £312 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£430,000 £5,059 1
2020£155,000 £1,475 1
2018£180,000 £1,796 2
2017£221,970 £2,011 4

House Type in NE15 9LB area

The most common house types in the NE15 9LB postcode area are Semi-detached (107), Detached (22), and Terraced (7).

Total137
Semi-detached107
Detached22
Terraced7
Flat1
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 outright (83), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright83
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency5
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE15 9LB have 2 people in household (65), and 1 person in household (29).

2 people in household65
1 person in household29
3 people in household28
4 people in household12
5 people in household1
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0