Housing Market Analysis for LAKE APPROACH, NE21 5PE

Are you looking to understand NE21 5PE 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 NE21 5PE area, explore the NE21 5PE Area information page.
For comprehensive crime statistics in the NE21 5PE area, explore the NE21 5PE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE21 5PE postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £196,144 median price is £213,500 Standard Deviation is £109,732 with Total Sold: 8
    • The Last 5 Year average price is £435,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 LAKE APPROACH: £435,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is 1 LAKE APPROACH: £77,500 (Sold on 28 Apr 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE21 5PE 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
2024£435,0001
2015£215,000 £2,312 1
2014£212,000 £2,099 1
2008£225,0001
2007£138,775 £594 2
2002£127,100 £1,258 1
2000£77,500 £833 1

All the Sales in the LAKE APPROACH, NE21 5PE

See the table below for more details on the sold house prices in the NE21 5PE, Gateshead postcode.

AddressSold DatePrice% Change
1 LAKE APPROACHSemi-Detached, Freehold30 May 2024£435,000102.33%
28 Aug 2015£215,000177.42%
28 Apr 2000£77,500First Sale
3 LAKE APPROACHSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1950-196615 Aug 2014£212,000253.33%
16 Feb 2007£60,000-52.79%
13 Aug 2002£127,100First Sale
5 LAKE APPROACHSemi-Detached, Freehold28 May 2008£225,000First Sale
7 LAKE APPROACHSemi-Detached, Freehold23 Nov 2007£217,550First Sale

Check out the sold house prices near the NE21 5PE postcode. Properties currently for saleProperties currently for rent

LAKE APPROACH, NE21 5PE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE21 5PE 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 NE21 5PE postcode.

  • Detached
    • The average price is around £230,498 median price is £210,000 Standard Deviation is £119,673 with Total Sold: 270
    • The Last 5 Year average price is £369,716 with Total Sold: 38
    • The most recent sale happened at this postcode is , 18 THE PAVILION: £230,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 44 WOODLANDS PARK DRIVE: £116,500 (Sold on 28 Feb 1995)
  • Semi-Detached
    • The average price is around £160,783 median price is £146,200 Standard Deviation is £87,896 with Total Sold: 265
    • The Last 5 Year average price is £267,034 with Total Sold: 33
    • The most recent sale happened at this postcode is , 2 AXWELL PARK ROAD: £325,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 THE AVENUE: £46,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £113,158 median price is £101,995 Standard Deviation is £59,667 with Total Sold: 25
    • The Last 5 Year average price is £177,625 with Total Sold: 4
    • The most recent sale happened at this postcode is , 11 THE COVERS: £128,500 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 11 THE COVERS: £86,950 (Sold on 01 Nov 2002)
  • Terraced
    • The average price is around £141,399 median price is £109,000 Standard Deviation is £112,976 with Total Sold: 145
    • The Last 5 Year average price is £150,309 with Total Sold: 16
    • The most recent sale happened at this postcode is , 33 THE COPSE: £150,000 (Sold on 18 Mar 2024)
    • The first recorded sale happened at this postcode is , 8 THE COPSE: £39,950 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £488,000 median price is £488,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, AXWELL HALL AXWELL PARK: £488,000 (Sold on 20 Dec 2013)
    • The first recorded sale happened at this postcode is 2, AXWELL HALL AXWELL PARK: £488,000 (Sold on 20 Dec 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£289,000 £2,900 2
2023£348,625 £3,133 8
2022£351,062 £2,625 8
2021£387,780 £2,908 15
2020£411,400 £2,525 5
2018£390,500 £2,174 5
2017£315,260 £2,444 15
2016£286,990 £2,212 5
2015£269,149 £2,536 9
2014£327,075 £2,296 6
2013£252,083 £2,037 14
2012£246,738 £2,302 4
2011£239,267 £2,247 9
2010£273,143 £2,435 7
2009£245,400 £2,020 10
2008£255,8173
2007£276,300 £2,275 10
2006£200,862 £1,362 4
2005£209,175 £1,813 8
2004£223,692 £1,766 13
2003£197,764 £1,739 14
2002£181,730 £1,378 20
2001£123,353 £1,108 38
2000£125,412 £988 20
1999£121,125 £864 4
1998£122,750 £699 4
1997£120,667 £977 3
1996£107,062 £878 4
1995£122,8333
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,0002
2023£280,574 £2,892 11
2022£262,620 £2,744 5
2021£311,386 £2,561 7
2020£266,750 £2,688 2
2019£156,583 £1,922 6
2018£217,000 £2,147 7
2017£253,011 £2,085 9
2016£235,742 £2,115 6
2015£177,833 £1,792 9
2014£216,825 £2,035 6
2013£184,250 £1,862 4
2012£178,425 £1,694 6
2011£191,750 £1,988 4
2010£192,690 £2,094 5
2009£248,333 £1,837 3
2008£182,158 £1,749 6
2007£195,706 £2,046 18
2006£164,606 £1,856 9
2005£175,035 £1,882 10
2004£172,493 £1,821 14
2003£138,202 £1,455 20
2002£113,743 £1,348 27
2001£103,058 £1,007 19
2000£75,113 £753 11
1999£65,255 £687 7
1998£70,400 £740 5
1997£73,272 £753 9
1996£55,690 £618 10
1995£61,681 £623 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,5001
2021£97,000 £1,865 1
2019£242,500 £2,157 2
2018£85,000 £1,635 2
2015£103,500 £1,917 1
2011£80,500 £1,711 1
2007£115,5001
2006£110,000 £2,245 1
2005£118,500 £2,145 2
2003£103,833 £2,040 6
2002£96,992 £1,780 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£165,0001
2022£192,600 £2,255 5
2021£123,333 £2,176 3
2020£159,950 £1,970 1
2019£119,400 £1,644 5
2018£160,688 £1,855 4
2017£167,500 £1,872 4
2016£191,833 £1,923 3
2015£155,600 £1,828 5
2013£176,300 £1,513 5
2012£192,500 £1,543 2
2011£206,397 £1,603 5
2010£308,923 £1,446 13
2009£129,975 £1,795 2
2008£342,357 £2,423 7
2007£100,800 £2,419 3
2006£186,738 £2,320 4
2005£122,250 £2,186 2
2004£117,556 £1,865 9
2003£97,438 £1,538 8
2002£86,394 £1,265 18
2001£73,833 £991 3
2000£52,667 £748 3
1999£55,325 £670 6
1998£45,317 £772 3
1997£42,650 £755 3
1996£48,588 £660 12
1995£43,180 £749 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£488,0001

House Type in NE21 5PE area

The most common house types in the NE21 5PE postcode area are Semi-detached (67), Detached (54), and Terraced (49).

Total181
Semi-detached67
Detached54
Terraced49
Flat11
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 with a mortgage or loan (76), and Owned: Owns outright (75).

Owned: Owns with a mortgage or loan76
Owned: Owns outright75
Private rented: Private landlord or letting agency26
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
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 NE21 5PE have 2 people in household (66), and 1 person in household (50).

2 people in household66
1 person in household50
3 people in household30
4 people in household25
5 people in household6
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0