Housing Market Analysis for WEST SPENCER TERRACE, NE15 9SL

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

Overview of Sold House prices

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

Terraced
- The average price is around £53,832 median price is £35,500 Standard Deviation is £28,470 with Total Sold: 20
- The Last 5 Year average price is £86,167 with Total Sold: 3
- The most recent sale happened at this postcode is 8 WEST SPENCER TERRACE: £74,000 (Sold on 01 Nov 2022)
- The first recorded sale happened at this postcode is 4 WEST SPENCER TERRACE: £92,500 (Sold on 05 Jul 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE15 9SL 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
2022	£83,000	£1,438	2
2017	£67,975	£1,130	2
2010	£70,000	£1,157	1
2006	£108,000	£1,301	1
2005	£90,000	£1,619	1
2004	£89,000	£1,391	1
2001	£33,500	£541	2
2000	£28,250	£375	3
1999	£30,000	£496	1
1998	£27,725	£420	2
1997	£32,000	£576	1
1995	£28,000	£439	2
2024	£92,500		1

All the Sales in the WEST SPENCER TERRACE, NE15 9SL

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

Address	Sold Date	Price	% Change
8 WEST SPENCER TERRACETerraced, FreeholdArea: 60 Sq.mtrAge: 1900-1929	01 Nov 2022	£74,000	First Sale
6 WEST SPENCER TERRACETerraced, FreeholdArea: 56 Sq.mtrAge: 1930-1949	13 Apr 2022	£92,000	50.82%
	22 Sep 2017	£61,000	First Sale
3 WEST SPENCER TERRACETerraced, FreeholdArea: 64 Sq.mtrAge: 1930-1949	08 Mar 2017	£74,950	-15.79%
	10 Dec 2004	£89,000	217.86%
	10 Jul 2001	£28,000	First Sale
5 WEST SPENCER TERRACETerraced, FreeholdArea: 60.48 Sq.mtrAge: 1900-1929	06 Jul 2010	£70,000	79.49%
	07 Dec 2001	£39,000	30.00%
	24 Sep 1999	£30,000	First Sale
1 WEST SPENCER TERRACETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-1929	20 Jan 2006	£108,000	282.30%
	18 Feb 2000	£28,250	8.65%
	10 Jun 1998	£26,000	First Sale
7 WEST SPENCER TERRACETerraced, FreeholdArea: 55.6 Sq.mtrAge: 1900-1929	07 Jul 2005	£90,000	181.25%
	27 Mar 1997	£32,000	First Sale
10 WEST SPENCER TERRACETerraced, Freehold	11 Aug 2000	£27,000	First Sale
2 WEST SPENCER TERRACETerraced, FreeholdArea: 72 Sq.mtrAge: 1900-1929	30 Jun 2000	£29,500	-3.28%
	01 Jun 1995	£30,500	First Sale
4 WEST SPENCER TERRACETerraced, FreeholdArea: 56 Sq.mtrAge: 1930-1949	09 Oct 1998	£29,450	15.49%
	25 May 1995	£25,500	-72.43%
	05 Jul 2024	£92,500	First Sale

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

WEST SPENCER TERRACE, NE15 9SL Near By properties

Interactive Map

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

Terraced
- The average price is around £114,635 median price is £99,725 Standard Deviation is £70,057 with Total Sold: 256
- The Last 5 Year average price is £171,707 with Total Sold: 62
- The most recent sale happened at this postcode is , 87 CHAPEL HOUSE DRIVE: £205,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 28 SIMPSON TERRACE: £26,000 (Sold on 20 Mar 1995)
Detached
- The average price is around £207,544 median price is £200,000 Standard Deviation is £111,307 with Total Sold: 151
- The Last 5 Year average price is £319,420 with Total Sold: 27
- The most recent sale happened at this postcode is , 46 THE GLADE: £368,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 3 THE GLADE: £92,000 (Sold on 06 Feb 1995)
Semi-Detached
- The average price is around £137,823 median price is £145,000 Standard Deviation is £58,249 with Total Sold: 303
- The Last 5 Year average price is £193,793 with Total Sold: 63
- The most recent sale happened at this postcode is , 20 BECKSIDE GARDENS: £242,500 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 12 MONKRIDGE: £69,950 (Sold on 20 Jan 1995)
Flat
- The average price is around £80,540 median price is £85,000 Standard Deviation is £25,763 with Total Sold: 21
- The Last 5 Year average price is £113,833 with Total Sold: 3
- The most recent sale happened at this postcode is , 94 BECKSIDE GARDENS: £114,000 (Sold on 16 Dec 2021)
- The first recorded sale happened at this postcode is , 102 BECKSIDE GARDENS: £39,500 (Sold on 24 Oct 1997)
Other
- The average price is around £247,500 median price is £247,500 Standard Deviation is £102,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 45 BECKSIDE GARDENS: £145,000 (Sold on 31 Jul 2017)
- The first recorded sale happened at this postcode is , AMBULANCE STATION HEXHAM ROAD: £350,000 (Sold on 06 Mar 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£267,583		6
2023	£172,050	£1,979	9
2022	£179,536	£1,995	14
2021	£161,435	£1,825	13
2020	£146,994	£1,685	9
2019	£141,527	£1,519	11
2018	£147,569	£1,740	11
2017	£135,825	£1,545	6
2016	£159,250	£2,059	4
2015	£120,250	£1,334	4
2014	£160,083	£1,813	6
2013	£79,390	£1,110	5
2012	£131,667	£1,571	3
2011	£141,833	£1,840	3
2010	£121,993	£1,294	7
2009	£141,778	£1,645	9
2008	£135,319	£1,165	4
2007	£142,708	£1,665	12
2006	£131,545	£1,523	10
2005	£128,983	£1,558	9
2004	£116,945	£1,265	11
2003	£79,340	£854	10
2002	£76,322	£737	9
2001	£57,931	£589	8
2000	£45,464	£647	11
1999	£44,742	£427	12
1998	£45,233	£522	10
1997	£50,383	£573	9
1996	£50,571	£682	7
1995	£41,391	£485	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£329,400	£2,582	5
2023	£300,000	£2,156	3
2022	£485,225	£2,932	4
2021	£282,564	£2,569	7
2020	£264,071	£2,424	7
2019	£310,000	£2,793	1
2018	£247,981	£2,791	8
2017	£254,556	£2,096	9
2016	£244,857	£2,538	7
2015	£337,500	£2,440	2
2014	£196,417	£2,284	6
2013	£185,000	£1,164	2
2012	£235,817	£2,020	3
2011	£220,000	£2,214	3
2010	£161,136	£1,465	1
2009	£245,667	£1,666	3
2008	£238,333	£2,012	3
2007	£257,421	£1,734	7
2006	£234,700	£1,893	7
2005	£214,250	£1,311	2
2004	£245,475	£2,006	4
2003	£196,583	£1,638	6
2002	£169,000	£720	3
2001	£119,992	£1,072	6
2000	£113,775	£919	8
1999	£95,833	£833	6
1998	£104,000	£799	3
1997	£101,064	£834	7
1996	£94,559	£803	11
1995	£102,186	£841	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£181,625	£2,423	4
2023	£181,500	£2,384	5
2022	£217,926	£2,594	21
2021	£181,417	£2,237	18
2020	£195,333	£2,285	9
2019	£162,500	£2,061	6
2018	£170,405	£2,094	11
2017	£171,945	£2,355	8
2016	£167,300	£1,878	5
2015	£161,667	£2,034	12
2014	£156,592	£1,839	13
2013	£159,893	£1,904	15
2012	£133,143	£1,833	7
2011	£174,643	£1,964	7
2010	£142,143	£2,003	7
2009	£124,562	£1,728	8
2008	£166,000	£1,823	5
2007	£165,655	£1,586	11
2006	£174,405	£2,012	11
2005	£194,500	£2,147	4
2004	£150,125	£2,115	8
2003	£136,571	£1,478	12
2002	£87,471	£1,229	10
2001	£79,797	£1,017	15
2000	£79,825	£1,002	12
1999	£64,154	£789	13
1998	£61,454	£657	14
1997	£65,389	£690	9
1996	£56,193	£717	7
1995	£65,653	£752	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£114,500	£1,908	2
2019	£112,500	£1,844	1
2018	£90,000	£1,552	1
2015	£105,000	£1,810	1
2014	£58,000	£853	2
2012	£102,500	£1,602	1
2011	£88,000	£1,443	1
2007	£123,500	£2,129	1
2006	£85,000	£1,518	1
2005	£81,317	£1,280	3
2002	£63,975	£1,115	2
2001	£50,000		1
1999	£51,225	£807	2
1998	£76,000		1
1997	£39,500		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£145,000	£1,859	1
2015	£350,000		1

House Type in NE15 9SL area

The most common house types in the NE15 9SL postcode area are Terraced (129), Flat (2), and Semi-detached (1).

Total	134
Terraced	129
Flat	2
Semi-detached	1
Shared house	1
commercial building	1
Detached	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (59), and Owned: Owns outright (24).

Social rented: Rents from council or Local Authority	59
Owned: Owns outright	24
Social rented: Other social rented	24
Private rented: Private landlord or letting agency	16
Owned: Owns with a mortgage or loan	11
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE15 9SL have 1 person in household (46), and 2 people in household (44).

1 person in household	46
2 people in household	44
3 people in household	26
4 people in household	17
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0