Housing Market Analysis for OLD WELL LANE, NE21 5QY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £184,000 median price is £184,000 Standard Deviation is £22,000 with Total Sold: 2
    • The most recent sale happened at this postcode is BYWELL HOUSE OLD WELL LANE: £162,000 (Sold on 24 Sep 2010)
    • The first recorded sale happened at this postcode is BYWELL HOUSE OLD WELL LANE: £206,000 (Sold on 31 Oct 2006)
  • Semi-Detached
    • The average price is around £39,250 median price is £39,250 Standard Deviation is £34,250 with Total Sold: 2
    • The most recent sale happened at this postcode is BYWELL HOUSE OLD WELL LANE: £73,500 (Sold on 07 Jul 2000)
    • The first recorded sale happened at this postcode is BYWELL HOUSE OLD WELL LANE: £5,000 (Sold on 29 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE21 5QY 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£162,000 £1,167 1
2006£206,000 £1,485 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£73,500 £530 1
1996£5,000 £36 1

All the Sales in the OLD WELL LANE, NE21 5QY

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

AddressSold DatePrice% Change
BYWELL HOUSE OLD WELL LANEDetached, FreeholdArea: 138.76 Sq.mtrAge: 1900-192924 Sep 2010£162,000-21.36%
31 Oct 2006£206,000180.27%
07 Jul 2000£73,5001370.00%
29 Mar 1996£5,000First Sale

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

OLD WELL LANE, NE21 5QY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £104,459 median price is £104,998 Standard Deviation is £43,359 with Total Sold: 852
    • The Last 5 Year average price is £128,526 with Total Sold: 201
    • The most recent sale happened at this postcode is , 4 RAMSAY STREET: £100,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 GREENWELL CLOSE: £51,500 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £174,053 median price is £175,995 Standard Deviation is £74,124 with Total Sold: 129
    • The Last 5 Year average price is £230,578 with Total Sold: 25
    • The most recent sale happened at this postcode is , 41 ROBINSONS DRIVE: £212,000 (Sold on 07 Aug 2024)
    • The first recorded sale happened at this postcode is , ROSE COTTAGE, 22 CALEDONIA: £54,000 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £61,286 median price is £52,500 Standard Deviation is £40,410 with Total Sold: 227
    • The Last 5 Year average price is £63,150 with Total Sold: 25
    • The most recent sale happened at this postcode is , 23 PARKSIDE AVENUE: £127,100 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 129 HANOVER DRIVE: £24,000 (Sold on 31 Mar 1995)
  • Terraced
    • The average price is around £91,907 median price is £93,000 Standard Deviation is £41,780 with Total Sold: 901
    • The Last 5 Year average price is £113,444 with Total Sold: 167
    • The most recent sale happened at this postcode is , 14 BROCKWELL CLOSE: £150,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 11 CALEDONIA: £37,000 (Sold on 11 Jan 1995)
  • Other
    • The average price is around £209,348 median price is £142,300 Standard Deviation is £184,970 with Total Sold: 23
    • The Last 5 Year average price is £227,310 with Total Sold: 11
    • The most recent sale happened at this postcode is , 18 MAY STREET: £75,000 (Sold on 28 Nov 2023)
    • The first recorded sale happened at this postcode is , 9 FRONT STREET: £60,000 (Sold on 01 Dec 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,353 £1,556 17
2023£141,617 £1,683 38
2022£136,280 £1,698 33
2021£119,616 £1,487 34
2020£123,908 £1,644 35
2019£122,030 £1,535 44
2018£125,109 £1,546 50
2017£121,518 £1,419 32
2016£113,373 £1,319 24
2015£108,065 £1,364 33
2014£104,638 £1,307 28
2013£108,602 £1,466 22
2012£100,212 £1,247 21
2011£110,827 £1,338 28
2010£120,644 £1,444 20
2009£113,863 £1,269 15
2008£124,565 £1,545 22
2007£131,216 £1,752 75
2006£123,120 £1,463 35
2005£101,441 £1,714 26
2004£91,921 £1,070 31
2003£85,208 £1,007 26
2002£58,210 £726 44
2001£43,068 £483 20
2000£47,950 £598 22
1999£39,809 £469 11
1998£44,304 £537 13
1997£39,120 £423 18
1996£34,572 £390 18
1995£39,726 £427 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£228,5002
2023£204,990 £2,549 5
2022£322,750 £2,090 4
2021£206,286 £2,041 7
2020£233,000 £1,805 5
2019£191,250 £1,664 2
2018£193,574 £1,864 6
2017£170,900 £2,143 5
2016£189,250 £2,082 2
2015£146,500 £1,467 2
2014£182,119 £1,649 8
2013£130,189 £1,234 5
2012£189,950 £1,753 1
2011£289,667 £1,910 3
2010£177,993 £1,784 8
2009£145,750 £1,093 4
2008£192,623 £1,684 12
2007£183,032 £1,766 22
2006£169,000 £1,578 5
2005£128,833 £1,580 3
2003£75,2502
2002£91,000 £1,213 1
2001£64,125 £633 4
1999£88,0001
1998£87,500 £684 1
1997£81,500 £679 2
1996£61,000 £564 2
1995£59,790 £450 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£61,025 £1,156 4
2023£40,200 £1,457 1
2022£55,750 £1,297 6
2021£47,400 £1,090 4
2020£74,575 £1,233 6
2019£80,725 £1,394 4
2018£50,061 £1,142 8
2017£62,297 £1,320 11
2016£51,500 £1,386 6
2015£54,690 £1,695 5
2014£63,075 £1,744 6
2013£40,100 £1,368 5
2012£43,750 £858 2
2011£62,162 £1,798 4
2010£94,500 £1,921 1
2009£66,333 £928 3
2008£80,687 £1,711 8
2007£127,192 £2,239 33
2006£77,731 £2,115 10
2005£83,558 £1,906 12
2004£52,732 £1,247 11
2003£36,745 £1,052 10
2002£48,011 £1,005 14
2001£19,580 £590 10
2000£19,350 £584 7
1999£24,250 £533 7
1998£22,562 £745 4
1997£22,921 £421 7
1996£25,938 £637 12
1995£25,167 £649 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,083 £2,046 6
2023£132,440 £1,706 34
2022£115,941 £1,551 22
2021£114,513 £1,517 46
2020£105,104 £1,339 38
2019£89,498 £1,226 21
2018£136,345 £1,662 51
2017£123,734 £1,578 19
2016£118,061 £1,373 14
2015£101,750 £1,269 25
2014£109,176 £1,361 20
2013£104,483 £1,410 33
2012£103,518 £1,354 20
2011£108,588 £1,565 17
2010£120,667 £1,667 28
2009£103,760 £1,113 15
2008£115,944 £1,612 43
2007£120,059 £1,680 68
2006£101,276 £1,294 50
2005£91,687 £1,171 27
2004£81,439 £1,063 52
2003£66,256 £854 32
2002£55,388 £706 44
2001£42,580 £607 34
2000£34,858 £404 30
1999£36,338 £382 20
1998£37,278 £485 23
1997£35,850 £461 18
1996£32,254 £441 25
1995£33,431 £472 26
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£108,650 £987 2
2022£255,756 £69 2
2021£220,330 £1,689 5
2020£170,0001
2019£499,950 £2,500 1
2018£225,7504
2017£111,650 £810 4
2016£152,5002
2015£600,0001
2014£60,0001

House Type in NE21 5QY area

The most common house types in the NE21 5QY postcode area are Flat (82), Terraced (32), and Semi-detached (23).

Total171
Flat82
Terraced32
Semi-detached23
Detached17
commercial building10
converted building5
Shared house2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (53), and Social rented: Other social rented (43).

Private rented: Private landlord or letting agency53
Social rented: Other social rented43
Owned: Owns with a mortgage or loan32
Owned: Owns outright21
Social rented: Rents from council or Local Authority18
Private rented: Other private rented7
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE21 5QY have 1 person in household (94), and 2 people in household (45).

1 person in household94
2 people in household45
3 people in household23
4 people in household8
6 people in household4
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0