Housing Market Analysis for OWEN TERRACE, NE17 7EL

Are you looking to understand NE17 7EL 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 Gateshead postcode.

For the location information and nearby amenities in the NE17 7EL area, explore the NE17 7EL Area information page.
For comprehensive crime statistics in the NE17 7EL area, explore the NE17 7EL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE17 7EL postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £55,000 median price is £55,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 OWEN TERRACE: £55,000 (Sold on 18 May 2018)
    • The first recorded sale happened at this postcode is 3 OWEN TERRACE: £55,000 (Sold on 18 May 2018)
  • Semi-Detached
    • The average price is around £32,500 median price is £32,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 OWEN TERRACE: £32,500 (Sold on 09 Aug 2002)
    • The first recorded sale happened at this postcode is 1 OWEN TERRACE: £32,500 (Sold on 09 Aug 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE17 7EL 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£55,000 £679 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£32,500 £310 1

All the Sales in the OWEN TERRACE, NE17 7EL

See the table below for more details on the sold house prices in the NE17 7EL, Gateshead postcode.

AddressSold DatePrice% Change
3 OWEN TERRACETerraced, FreeholdArea: 81 Sq.mtrAge: 1900-192918 May 2018£55,000First Sale
1 OWEN TERRACESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1930-194909 Aug 2002£32,500First Sale

Check out the sold house prices near the NE17 7EL postcode. Properties currently for saleProperties currently for rent

OWEN TERRACE, NE17 7EL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE17 7EL 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 NE17 7EL postcode.

  • Terraced
    • The average price is around £46,852 median price is £45,000 Standard Deviation is £25,653 with Total Sold: 608
    • The Last 5 Year average price is £63,817 with Total Sold: 87
    • The most recent sale happened at this postcode is , 42 FORTH STREET: £54,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 26 FORTH STREET: £10,500 (Sold on 29 Mar 1995)
  • Other
    • The average price is around £74,611 median price is £61,800 Standard Deviation is £60,465 with Total Sold: 9
    • The Last 5 Year average price is £76,018 with Total Sold: 8
    • The most recent sale happened at this postcode is , 50 VALLEY DENE: £7,840 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , CHOPWELL LIBRARY DERWENT STREET: £63,357 (Sold on 14 Aug 2017)
  • Flat
    • The average price is around £41,583 median price is £43,500 Standard Deviation is £21,348 with Total Sold: 17
    • The Last 5 Year average price is £50,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 57 FORTH STREET: £50,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 45 DERWENT STREET: £20,000 (Sold on 16 Oct 1998)
  • Semi-Detached
    • The average price is around £87,319 median price is £87,475 Standard Deviation is £43,241 with Total Sold: 40
    • The Last 5 Year average price is £123,928 with Total Sold: 14
    • The most recent sale happened at this postcode is , 19 PEAR TREE TERRACE: £130,000 (Sold on 12 Jan 2024)
    • The first recorded sale happened at this postcode is , GLENHAVEN MILL ROAD: £50,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £110,659 median price is £156,995 Standard Deviation is £66,573 with Total Sold: 13
    • The Last 5 Year average price is £170,567 with Total Sold: 7
    • The most recent sale happened at this postcode is , CONQUISTA MILL ROAD: £220,000 (Sold on 20 Nov 2023)
    • The first recorded sale happened at this postcode is , 23 VALLEY DENE: £26,600 (Sold on 19 Feb 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£61,300 £384 10
2023£64,604 £837 23
2022£70,763 £998 15
2021£64,140 £770 25
2020£48,200 £773 5
2019£60,800 £786 9
2018£61,300 £759 12
2017£52,928 £700 14
2016£48,929 £664 14
2015£43,689 £562 18
2014£50,328 £601 18
2013£53,975 £649 12
2012£49,795 £602 22
2011£43,200 £579 11
2010£47,773 £585 11
2009£72,707 £1,008 7
2008£69,136 £961 22
2007£69,115 £920 56
2006£59,979 £787 31
2005£65,744 £813 32
2004£53,387 £691 42
2003£30,209 £421 47
2002£21,599 £246 39
2001£15,237 £193 21
2000£17,528 £211 22
1999£20,390 £229 17
1998£17,824 £214 19
1997£18,562 £222 8
1996£17,650 £224 12
1995£15,507 £212 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£7,8401
2022£107,667 £495 3
2021£61,800 £922 1
2019£71,833 £545 3
2017£63,3571
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£50,0001
2017£68,5001
2015£35,000 £495 1
2013£49,500 £762 2
2008£49,000 £925 1
2007£72,5002
2006£43,500 £821 1
2005£37,750 £712 1
2004£55,000 £743 2
2003£20,500 £154 1
2002£6,666 £94 1
2001£11,000 £123 2
1998£20,000 £150 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,000 £1,529 1
2023£116,250 £1,402 2
2022£167,500 £1,673 2
2021£117,665 £1,446 6
2020£110,500 £1,253 3
2018£78,000 £1,472 1
2017£105,000 £1,221 1
2015£74,000 £851 1
2013£87,475 £1,023 2
2012£77,000 £867 2
2010£124,000 £1,208 1
2009£107,0001
2007£71,2502
2006£80,0001
2005£76,188 £327 2
2004£104,975 £1,280 2
2002£22,754 £310 2
2000£29,500 £234 1
1999£35,000 £673 1
1998£38,5002
1997£32,0002
1995£52,500 £462 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£220,0001
2022£163,745 £2,214 4
2021£159,495 £2,127 2
2015£43,000 £729 1
2010£40,000 £658 1
2001£44,0001
1999£46,0001
1996£35,800 £436 2

House Type in NE17 7EL area

The most common house types in the NE17 7EL postcode area are Terraced (102), Semi-detached (38), and Detached (3).

Total145
Terraced102
Semi-detached38
Detached3
Shared house1
commercial building1
Flat0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (53), and Owned: Owns outright (32).

Social rented: Rents from council or Local Authority53
Owned: Owns outright32
Social rented: Other social rented22
Private rented: Private landlord or letting agency19
Owned: Owns with a mortgage or loan15
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE17 7EL have 1 person in household (64), and 2 people in household (42).

1 person in household64
2 people in household42
3 people in household18
4 people in household11
5 people in household6
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0