Housing Market Analysis for OLD WELL LANE, NE21 5QZ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £112,714 median price is £100,000 Standard Deviation is £51,751 with Total Sold: 7
    • The most recent sale happened at this postcode is 6 OLD WELL LANE: £100,000 (Sold on 01 Aug 2018)
    • The first recorded sale happened at this postcode is 10 OLD WELL LANE: £33,000 (Sold on 29 Jun 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE21 5QZ 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
2018£100,000 £1,111 1
2009£154,0001
2007£172,500 £1,945 2
2006£100,0001
2002£57,000 £803 1
2000£33,000 £465 1

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

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

AddressSold DatePrice% Change
6 OLD WELL LANESemi-Detached, LeaseholdArea: 90 Sq.mtrAge: 1996-200201 Aug 2018£100,000-44.44%
18 May 2007£180,000First Sale
2 THE SQUARESemi-Detached, Freehold03 Apr 2009£154,000First Sale
8 OLD WELL LANESemi-Detached, LeaseholdArea: 87.3 Sq.mtrAge: 2007 onwards18 May 2007£165,000First Sale
11 OLD WELL LANESemi-Detached, Freehold26 Jul 2006£100,000First Sale
10 OLD WELL LANESemi-Detached, FreeholdArea: 71 Sq.mtrAge: before 190017 Dec 2002£57,00072.73%
29 Jun 2000£33,000First Sale

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

OLD WELL LANE, NE21 5QZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £105,109 median price is £105,000 Standard Deviation is £43,665 with Total Sold: 844
    • The Last 5 Year average price is £129,116 with Total Sold: 200
    • 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 £174,987 median price is £175,000 Standard Deviation is £67,887 with Total Sold: 149
    • The Last 5 Year average price is £226,912 with Total Sold: 29
    • 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 £61,487 median price is £52,500 Standard Deviation is £40,435 with Total Sold: 228
    • 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 £93,489 median price is £94,000 Standard Deviation is £42,460 with Total Sold: 969
    • The Last 5 Year average price is £115,608 with Total Sold: 177
    • 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£141,553 £1,683 37
2022£137,705 £1,714 33
2021£121,956 £1,514 35
2020£123,908 £1,644 35
2019£122,194 £1,538 43
2018£125,109 £1,546 50
2017£121,839 £1,423 31
2016£112,824 £1,319 23
2015£108,065 £1,364 33
2014£105,476 £1,319 27
2013£113,600 £1,535 22
2012£100,722 £1,257 20
2011£111,302 £1,341 27
2010£123,592 £1,462 22
2009£113,863 £1,269 15
2008£124,565 £1,545 22
2007£131,850 £1,758 76
2006£123,120 £1,463 35
2005£102,399 £1,714 25
2004£91,745 £1,056 29
2003£85,208 £1,007 26
2002£58,308 £726 43
2001£42,808 £472 19
2000£47,950 £598 22
1999£39,809 £469 11
1998£45,579 £537 12
1997£39,120 £423 18
1996£34,489 £391 19
1995£39,726 £427 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£228,5002
2023£204,990 £2,549 5
2022£282,000 £2,156 6
2021£206,556 £2,076 9
2020£233,000 £1,805 5
2019£191,250 £1,664 2
2018£193,774 £1,929 8
2017£177,071 £2,118 7
2016£197,833 £2,049 3
2015£146,500 £1,467 2
2014£182,119 £1,649 8
2013£152,568 £1,629 11
2012£173,534 £1,894 6
2011£289,667 £1,910 3
2010£178,394 £1,759 10
2009£145,750 £1,093 4
2008£192,623 £1,684 12
2007£175,796 £1,766 21
2006£169,000 £1,578 5
2005£149,250 £1,648 2
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£126,599 £2,207 34
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£133,415 £1,711 36
2022£117,217 £1,588 24
2021£117,783 £1,523 48
2020£108,621 £1,376 41
2019£90,407 £1,231 22
2018£136,337 £1,682 55
2017£126,797 £1,576 20
2016£118,857 £1,410 15
2015£103,153 £1,257 31
2014£109,160 £1,383 22
2013£107,432 £1,443 39
2012£102,398 £1,330 21
2011£105,419 £1,511 19
2010£117,503 £1,698 38
2009£103,903 £1,112 17
2008£115,786 £1,608 44
2007£124,816 £1,668 78
2006£101,276 £1,294 50
2005£91,293 £1,180 29
2004£81,582 £1,063 53
2003£66,256 £854 32
2002£55,388 £706 44
2001£42,580 £607 34
2000£35,023 £403 31
1999£36,345 £382 21
1998£37,476 £491 25
1997£35,729 £466 21
1996£31,902 £443 27
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 5QZ area

The most common house types in the NE21 5QZ 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 5QZ 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