Housing Market Analysis for RAVENSIDE TERRACE, NE17 7LE

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

Overview of Sold House prices

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

Terraced
- The average price is around £40,151 median price is £37,500 Standard Deviation is £22,828 with Total Sold: 48
- The Last 5 Year average price is £57,902 with Total Sold: 6
- The most recent sale happened at this postcode is 1 RAVENSIDE TERRACE: £45,000 (Sold on 16 Oct 2023)
- The first recorded sale happened at this postcode is 16 RAVENSIDE TERRACE: £14,500 (Sold on 16 Jun 1995)
Semi-Detached
- The average price is around £76,000 median price is £76,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 2 RAVENSIDE TERRACE: £76,000 (Sold on 11 Nov 2004)
- The first recorded sale happened at this postcode is 2 RAVENSIDE TERRACE: £76,000 (Sold on 11 Nov 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE17 7LE 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	£45,000	£714	1
2022	£63,330	£749	2
2021	£52,500	£583	1
2019	£61,625	£759	2
2017	£52,500	£682	1
2015	£52,500	£675	2
2011	£42,163	£660	3
2010	£52,950	£854	1
2007	£80,000	£1,311	1
2006	£61,250	£1,010	2
2005	£67,237	£1,019	4
2004	£53,786	£757	7
2003	£18,500	£288	2
2002	£18,125	£270	4
2001	£19,950	£317	1
2000	£18,167	£320	3
1999	£12,000	£152	1
1998	£17,875	£263	4
1997	£22,167	£261	3
1996	£19,500	£320	1
1995	£20,750	£287	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£76,000	£1,226	1

All the Sales in the RAVENSIDE TERRACE, NE17 7LE

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

Address	Sold Date	Price	% Change
1 RAVENSIDE TERRACETerraced, FreeholdArea: 63 Sq.mtrAge: 1900-1929	16 Oct 2023	£45,000	125.56%
	25 May 2001	£19,950	First Sale
24 RAVENSIDE TERRACETerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	28 Apr 2022	£59,159	-8.99%
	23 Jun 2005	£65,000	First Sale
26 RAVENSIDE TERRACETerraced, FreeholdArea: 90 Sq.mtrAge: before 1900	21 Jan 2022	£67,500	28.57%
	21 Sep 2021	£52,500	First Sale
15 RAVENSIDE TERRACETerraced, FreeholdArea: 61 Sq.mtrAge: 1930-1949	15 Nov 2019	£43,250	-16.83%
	28 Jan 2004	£52,000	First Sale
35 RAVENSIDE TERRACETerraced, FreeholdArea: 99 Sq.mtrAge: 1900-1929	25 Feb 2019	£80,000	7.38%
	28 Jul 2004	£74,500	129.23%
	22 Sep 1997	£32,500	First Sale
30 RAVENSIDE TERRACETerraced, FreeholdArea: 77 Sq.mtrAge: 1900-1929	10 Nov 2017	£52,500	First Sale
29 RAVENSIDE TERRACETerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	23 Jun 2015	£58,000	First Sale
17 RAVENSIDE TERRACETerraced, FreeholdArea: 71.3 Sq.mtrAge: 1900-1929	27 Feb 2015	£47,000	100.00%
	30 Oct 2002	£23,500	First Sale
12 RAVENSIDE TERRACETerraced, FreeholdArea: 58 Sq.mtrAge: 1900-1929	22 Jun 2011	£64,990	First Sale
4 RAVENSIDE TERRACETerraced, FreeholdArea: 85 Sq.mtrAge: 1900-1929	27 Apr 2011	£30,500	First Sale
6 RAVENSIDE TERRACETerraced, FreeholdArea: 61.9 Sq.mtrAge: 1900-1929	11 Mar 2011	£31,000	First Sale
8 RAVENSIDE TERRACETerraced, FreeholdArea: 62 Sq.mtrAge: before 1900	30 Jul 2010	£52,950	First Sale
14 RAVENSIDE TERRACETerraced, FreeholdArea: 61 Sq.mtrAge: 1900-1929	01 Jun 2007	£80,000	233.33%
	22 Nov 2002	£24,000	23.08%
	30 Apr 1998	£19,500	0.0
	10 May 1996	£19,500	First Sale
5 RAVENSIDE TERRACETerraced, Freehold	09 Jun 2006	£42,500	254.17%
5 RAVENSIDE TERRACETerraced, Freehold	03 Mar 2000	£12,000	First Sale
34 RAVENSIDE TERRACETerraced, FreeholdArea: 79.2 Sq.mtrAge: 1900-1929	12 May 2006	£80,000	566.67%
	05 Feb 1999	£12,000	First Sale
10 RAVENSIDE TERRACETerraced, FreeholdArea: 61 Sq.mtrAge: 1930-1949	07 Dec 2005	£79,950	First Sale
31 RAVENSIDE TERRACETerraced, Freehold	06 May 2005	£64,000	First Sale
11 RAVENSIDE TERRACETerraced, FreeholdArea: 65 Sq.mtrAge: 1900-1929	21 Apr 2005	£59,999	-6.25%
	24 Aug 2004	£64,000	14.29%
	05 Mar 2004	£56,000	273.33%
	20 Sep 2002	£15,000	First Sale
2 RAVENSIDE TERRACESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1900-1929	11 Nov 2004	£76,000	First Sale
16 RAVENSIDE TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: before 1900	21 Sep 2004	£60,000	215.79%
	03 Aug 1998	£19,000	31.03%
	16 Jun 1995	£14,500	First Sale
32 RAVENSIDE TERRACETerraced, FreeholdArea: 74 Sq.mtrAge: 1900-1929	25 Jun 2004	£60,000	114.29%
	18 Jul 1997	£28,000	First Sale
9 RAVENSIDE TERRACETerraced, FreeholdArea: 65 Sq.mtrAge: before 1900	13 Jan 2004	£10,000	First Sale
19 RAVENSIDE TERRACETerraced, FreeholdArea: 61 Sq.mtrAge: 1930-1949	25 Jul 2003	£25,000	First Sale
18 RAVENSIDE TERRACETerraced, FreeholdArea: 72 Sq.mtrAge: before 1900	11 Jul 2003	£12,000	-40.00%
	16 Oct 1998	£20,000	First Sale
21 RAVENSIDE TERRACETerraced, FreeholdArea: 79 Sq.mtrAge: before 1900	24 Jun 2002	£10,000	First Sale
20 RAVENSIDE TERRACETerraced, FreeholdArea: 75 Sq.mtrAge: before 1900	08 Dec 2000	£24,000	First Sale
27 RAVENSIDE TERRACETerraced, Freehold	17 Jul 2000	£18,500	First Sale
39 RAVENSIDE TERRACETerraced, FreeholdArea: 75 Sq.mtrAge: before 1900	05 Oct 1998	£13,000	-51.85%
	31 Oct 1995	£27,000	First Sale
37 RAVENSIDE TERRACETerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	14 Jul 1997	£6,000	First Sale

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

RAVENSIDE TERRACE, NE17 7LE Near By properties

Interactive Map

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

Terraced
- The average price is around £54,691 median price is £52,000 Standard Deviation is £34,558 with Total Sold: 576
- The Last 5 Year average price is £70,184 with Total Sold: 85
- The most recent sale happened at this postcode is APARTMENT B, 68 DERWENT STREET: £94,500 (Sold on 19 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 £76,867 median price is £56,900 Standard Deviation is £52,010 with Total Sold: 16
- The Last 5 Year average price is £78,938 with Total Sold: 12
- The most recent sale happened at this postcode is , CHOPWELL HOTEL DERWENT STREET: £95,000 (Sold on 14 Mar 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 £44,361 median price is £43,500 Standard Deviation is £30,587 with Total Sold: 30
- The Last 5 Year average price is £60,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 42A DERWENT STREET: £60,000 (Sold on 10 Mar 2023)
- The first recorded sale happened at this postcode is , 3 WILLIAM STREET: £14,500 (Sold on 22 May 1998)
Detached
- The average price is around £173,216 median price is £185,000 Standard Deviation is £72,683 with Total Sold: 32
- The Last 5 Year average price is £242,000 with Total Sold: 5
- The most recent sale happened at this postcode is , 16 RAMSAY ROAD: £210,000 (Sold on 03 Mar 2023)
- The first recorded sale happened at this postcode is , 72 DERWENT STREET: £45,000 (Sold on 01 Mar 1996)
Semi-Detached
- The average price is around £112,692 median price is £124,000 Standard Deviation is £44,667 with Total Sold: 13
- The Last 5 Year average price is £142,500 with Total Sold: 1
- The most recent sale happened at this postcode is , 45 PEAR TREE TERRACE: £142,500 (Sold on 14 Aug 2020)
- The first recorded sale happened at this postcode is , 9 HOLLINGS TERRACE: £24,000 (Sold on 14 Jun 2002)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£59,975	£789	6
2023	£70,250	£801	18
2022	£80,633	£1,010	20
2021	£65,470	£817	20
2020	£65,500	£769	10
2019	£69,477	£832	11
2018	£65,493	£840	15
2017	£66,357	£812	14
2016	£76,735	£884	17
2015	£62,004	£737	14
2014	£94,636	£876	11
2013	£68,420	£771	21
2012	£75,208	£873	12
2011	£45,884	£670	13
2010	£69,242	£739	6
2009	£66,286	£756	7
2008	£87,568	£1,047	14
2007	£79,228	£987	34
2006	£73,678	£1,011	31
2005	£78,115	£990	29
2004	£58,310	£751	34
2003	£41,410	£486	35
2002	£28,254	£320	36
2001	£26,377	£269	24
2000	£19,522	£256	23
1999	£27,521	£300	21
1998	£27,505	£278	20
1997	£20,379	£253	21
1996	£26,543	£276	21
1995	£26,800	£298	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£95,000		1
2022	£94,990	£657	5
2021	£80,600	£852	3
2019	£45,167	£397	3
2018	£141,010		1
2017	£47,202		3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£60,000	£833	1
2017	£68,500		1
2015	£31,667	£526	3
2013	£36,417	£561	3
2010	£65,000	£1,016	1
2009	£65,000		1
2007	£71,000	£1,193	3
2006	£52,900	£805	5
2004	£55,000	£743	2
2003	£88,250	£154	2
2002	£13,683	£225	2
2001	£12,000	£123	2
1999	£9,112	£227	2
1998	£17,250	£200	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£210,000	£3,043	1
2022	£285,000		1
2020	£290,000	£1,355	2
2019	£135,000	£1,957	1
2018	£217,500	£1,145	2
2017	£203,750	£1,226	2
2016	£195,000	£1,188	3
2012	£116,000	£879	1
2011	£161,000	£1,058	2
2010	£145,500	£1,708	2
2008	£138,000	£1,323	3
2007	£245,000		1
2006	£260,000		1
2005	£249,500	£1,178	1
2004	£207,500	£1,403	2
2002	£101,975	£1,266	2
2001	£70,500	£1,406	2
1998	£101,475	£492	2
1996	£45,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£142,500	£1,484	1
2018	£150,000	£1,204	1
2015	£154,500	£1,240	1
2011	£105,000	£961	1
2010	£124,000	£1,208	1
2009	£150,000	£1,294	1
2006	£112,750	£923	2
2005	£160,000	£865	1
2004	£91,500	£1,226	2
2003	£46,500	£655	1
2002	£24,000	£338	1

House Type in NE17 7LE area

The most common house types in the NE17 7LE postcode area are Terraced (116), Detached (13), and Semi-detached (2).

Total	132
Terraced	116
Detached	13
Semi-detached	2
Flat	1
Shared house	0
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 outright (48), and Private rented: Private landlord or letting agency (41).

Owned: Owns outright	48
Private rented: Private landlord or letting agency	41
Owned: Owns with a mortgage or loan	31
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	4
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE17 7LE have 1 person in household (56), and 2 people in household (45).

1 person in household	56
2 people in household	45
3 people in household	15
4 people in household	9
5 people in household	3
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0