Housing Market Analysis for LENIN TERRACE, NE17 7EN

Are you looking to understand NE17 7EN 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 7EN area, explore the NE17 7EN Area information page.
For comprehensive crime statistics in the NE17 7EN area, explore the NE17 7EN Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £77,300 median price is £78,950 Standard Deviation is £27,377 with Total Sold: 12
    • The Last 5 Year average price is £108,833 with Total Sold: 3
    • The most recent sale happened at this postcode is 6 LENIN TERRACE: £121,500 (Sold on 12 Aug 2021)
    • The first recorded sale happened at this postcode is 8 LENIN TERRACE: £120,000 (Sold on 02 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE17 7EN 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
2021£103,250 £1,338 2
2017£87,000 £1,145 1
2014£78,075 £947 2
2012£67,500 £816 2
2010£90,000 £978 1
2004£58,475 £769 2
1996£16,0001
2024£120,0001

All the Sales in the LENIN TERRACE, NE17 7EN

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

AddressSold DatePrice% Change
6 LENIN TERRACETerraced, FreeholdArea: 78 Sq.mtrAge: 1950-196612 Aug 2021£121,500First Sale
1 LENIN TERRACETerraced, FreeholdArea: 76 Sq.mtrAge: 1900-192926 Feb 2021£85,000First Sale
9 LENIN TERRACETerraced, FreeholdArea: 76 Sq.mtrAge: 1900-192910 Nov 2017£87,00033.95%
30 Apr 2004£64,95024.90%
20 Jan 2004£52,000First Sale
8 LENIN TERRACETerraced, FreeholdArea: 88 Sq.mtrAge: 1930-194931 Oct 2014£82,90010.53%
11 Mar 2012£75,000-37.50%
02 Aug 2024£120,000First Sale
12 LENIN TERRACETerraced, FreeholdArea: 77 Sq.mtrAge: 1900-192921 Mar 2014£73,25022.08%
11 Jan 2012£60,000First Sale
13 LENIN TERRACETerraced, FreeholdArea: 92.05 Sq.mtrAge: 1930-194926 Aug 2010£90,000First Sale
11 LENIN TERRACETerraced, Freehold21 Jun 1996£16,000First Sale

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

LENIN TERRACE, NE17 7EN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £45,800 median price is £43,000 Standard Deviation is £25,605 with Total Sold: 999
    • The Last 5 Year average price is £63,485 with Total Sold: 129
    • 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 , 2 DISRAELI TERRACE: £28,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £68,625 median price is £54,400 Standard Deviation is £52,953 with Total Sold: 14
    • The Last 5 Year average price is £80,440 with Total Sold: 6
    • 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 , 21 DERWENT STREET: £32,500 (Sold on 30 Jun 2017)
  • Flat
    • The average price is around £44,477 median price is £49,500 Standard Deviation is £20,840 with Total Sold: 36
    • The Last 5 Year average price is £55,000 with Total Sold: 2
    • 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 £91,797 median price is £90,000 Standard Deviation is £44,800 with Total Sold: 43
    • 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 £120,890 median price is £148,498 Standard Deviation is £74,439 with Total Sold: 18
    • 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£60,667 £587 12
2023£65,335 £809 40
2022£67,305 £894 31
2021£62,436 £774 35
2020£52,409 £713 11
2019£59,850 £767 12
2018£63,191 £759 22
2017£51,500 £680 20
2016£51,841 £690 22
2015£44,204 £573 24
2014£46,329 £566 27
2013£54,238 £660 24
2012£48,839 £587 31
2011£43,122 £594 18
2010£46,000 £586 22
2009£67,954 £890 12
2008£67,047 £908 31
2007£69,046 £920 74
2006£63,727 £825 56
2005£62,014 £826 65
2004£52,893 £688 59
2003£29,966 £426 78
2002£23,077 £270 66
2001£16,856 £205 39
2000£17,456 £221 37
1999£19,861 £253 35
1998£19,038 £215 29
1997£19,591 £251 17
1996£17,658 £223 24
1995£18,425 £245 26
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£7,8401
2022£107,667 £495 3
2021£61,800 £922 1
2020£90,0001
2019£58,375 £465 4
2018£103,0001
2017£47,2023
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£50,0001
2023£60,000 £833 1
2017£68,5001
2015£31,667 £526 3
2013£36,417 £561 3
2010£70,000 £879 2
2009£65,0001
2008£49,000 £925 1
2007£64,600 £785 5
2006£51,286 £783 7
2005£37,750 £712 1
2004£52,667 £695 3
2003£20,500 £154 1
2002£6,666 £94 1
2001£11,000 £123 2
1999£8,750 £156 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£114,000 £1,338 2
2017£105,000 £1,221 1
2015£114,250 £1,045 2
2013£87,475 £1,023 2
2012£77,000 £867 2
2010£124,000 £1,208 1
2009£128,500 £1,294 2
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
2018£230,000 £1,271 1
2015£52,250 £869 2
2010£40,000 £658 1
2008£140,0001
2006£260,0001
2001£44,0001
1999£46,0001
1998£45,9501
1996£35,800 £436 2

House Type in NE17 7EN area

The most common house types in the NE17 7EN 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 7EN 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