Housing Market Analysis for JESMOND ROAD, NE2 1LB

Are you looking to understand NE2 1LB 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 Newcastle upon Tyne postcode.

For the location information and nearby amenities in the NE2 1LB area, explore the NE2 1LB Area information page.
For comprehensive crime statistics in the NE2 1LB area, explore the NE2 1LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE2 1LB postcode area, The average prices are as follows,

  • Flat
    • The average price is around £141,818 median price is £90,000 Standard Deviation is £98,449 with Total Sold: 11
    • The Last 5 Year average price is £210,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 253 JESMOND ROAD: £210,000 (Sold on 20 Nov 2020)
    • The first recorded sale happened at this postcode is 255 JESMOND ROAD: £85,000 (Sold on 16 Apr 1999)
  • Terraced
    • The average price is around £199,750 median price is £199,750 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 269 JESMOND ROAD: £199,750 (Sold on 31 Aug 2000)
    • The first recorded sale happened at this postcode is 269 JESMOND ROAD: £199,750 (Sold on 31 Aug 2000)
  • Detached
    • The average price is around £55,000 median price is £55,000 Standard Deviation is £0 with Total Sold: 2
    • The most recent sale happened at this postcode is 271 JESMOND ROAD: £55,000 (Sold on 13 Sep 1999)
    • The first recorded sale happened at this postcode is 271 JESMOND ROAD: £55,000 (Sold on 13 Sep 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 1LB 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£210,000 £1,280 1
2007£150,000 £1,336 1
2006£385,0001
2005£95,0001
2004£260,000 £1,585 1
2001£78,7504
2000£60,000 £366 1
1999£85,000 £607 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£199,7501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£55,0002

All the Sales in the JESMOND ROAD, NE2 1LB

See the table below for more details on the sold house prices in the NE2 1LB, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
253 JESMOND ROADFlat, LeaseholdArea: 164 Sq.mtrAge: 1900-192920 Nov 2020£210,000-19.23%
05 Mar 2004£260,000333.33%
01 Mar 2000£60,000First Sale
267 JESMOND ROADFlat, FreeholdArea: 112.25 Sq.mtrAge: 1900-192915 Jun 2007£150,000First Sale
257 JESMOND ROADFlat, Leasehold07 Nov 2006£385,000305.26%
18 Feb 2005£95,000First Sale
269 JESMOND ROADFlat, Leasehold31 Aug 2001£85,0000.0
24 Aug 2001£85,00054.55%
24 Aug 2001£55,000-38.89%
24 Aug 2001£90,000-54.94%
31 Aug 2000£199,750First Sale
271 JESMOND ROADDetached, Freehold13 Sep 1999£55,0000.0
13 Sep 1999£55,000First Sale
255 JESMOND ROADFlat, LeaseholdArea: 140 Sq.mtrAge: 1900-192916 Apr 1999£85,000First Sale

Check out the sold house prices near the NE2 1LB postcode. Properties currently for saleProperties currently for rent

JESMOND ROAD, NE2 1LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE2 1LB 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 NE2 1LB postcode.

  • Flat
    • The average price is around £128,901 median price is £120,000 Standard Deviation is £119,442 with Total Sold: 2,428
    • The Last 5 Year average price is £210,991 with Total Sold: 297
    • The most recent sale happened at this postcode is , 18 WOLSELEY GARDENS: £200,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 53 GREYSTOKE AVENUE: £43,500 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £271,127 median price is £244,000 Standard Deviation is £263,498 with Total Sold: 428
    • The Last 5 Year average price is £504,276 with Total Sold: 57
    • The most recent sale happened at this postcode is , 104 HOLLY AVENUE: £510,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 26 ORCHARD PLACE: £45,000 (Sold on 24 Feb 1995)
  • Terraced
    • The average price is around £235,251 median price is £225,000 Standard Deviation is £174,219 with Total Sold: 1,303
    • The Last 5 Year average price is £401,732 with Total Sold: 170
    • The most recent sale happened at this postcode is , 31 SPRINGBANK ROAD: £307,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 97 FERN AVENUE: £91,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £472,017 median price is £312,500 Standard Deviation is £506,558 with Total Sold: 130
    • The Last 5 Year average price is £901,217 with Total Sold: 30
    • The most recent sale happened at this postcode is , 7 BRAMLEY CHASE: £720,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , 49 SANDYFORD PARK: £60,000 (Sold on 16 Jan 1995)
  • Other
    • The average price is around £722,697 median price is £245,000 Standard Deviation is £1,335,301 with Total Sold: 77
    • The Last 5 Year average price is £703,622 with Total Sold: 53
    • The most recent sale happened at this postcode is UNIT 1, JESMOND BUSINESS COURT JESMOND ROAD: £125,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is EAST LODGE, JESMOND OLD CEMETERY JESMOND ROAD: £40,000 (Sold on 07 Apr 2015)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£188,762 £3,068 21
2023£183,650 £2,564 54
2022£178,072 £2,633 52
2021£287,377 £3,472 86
2020£169,310 £2,315 42
2019£183,287 £2,490 42
2018£172,130 £2,451 53
2017£163,971 £2,201 63
2016£167,658 £2,386 61
2015£166,792 £2,277 70
2014£161,154 £2,227 53
2013£151,413 £1,957 52
2012£144,183 £2,209 33
2011£131,151 £2,043 43
2010£146,281 £2,347 27
2009£144,392 £1,993 52
2008£147,987 £2,131 46
2007£168,542 £2,374 97
2006£165,778 £2,221 125
2005£154,418 £2,177 105
2004£165,398 £2,309 112
2003£145,077 £2,033 93
2002£117,044 £1,586 136
2001£88,847 £1,200 145
2000£85,709 £1,120 152
1999£71,433 £1,022 167
1998£62,303 £840 115
1997£54,987 £739 133
1996£52,625 £702 117
1995£51,589 £728 81
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£606,600 £2,831 5
2023£635,227 £3,985 11
2022£855,143 £3,211 7
2021£381,767 £3,354 15
2020£399,306 £3,160 9
2019£341,700 £3,115 10
2018£332,773 £2,815 13
2017£348,136 £2,485 11
2016£423,444 £2,564 9
2015£394,000 £2,670 14
2014£761,850 £2,909 8
2013£280,802 £2,268 6
2012£252,849 £2,193 10
2011£365,943 £2,385 7
2010£251,369 £2,035 8
2009£324,182 £2,494 11
2008£288,202 £2,116 10
2007£305,886 £2,707 18
2006£264,929 £1,959 21
2005£331,996 £1,880 11
2004£289,822 £2,322 20
2003£265,817 £2,183 23
2002£211,421 £1,330 20
2001£158,015 £1,197 26
2000£142,073 £1,321 18
1999£108,845 £868 28
1998£108,224 £778 23
1997£97,379 £752 26
1996£103,084 £721 19
1995£84,932 £587 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£367,077 £3,212 13
2023£419,557 £3,514 26
2022£399,681 £3,167 25
2021£457,504 £3,472 54
2020£334,850 £2,514 30
2019£357,784 £2,293 22
2018£344,819 £2,564 37
2017£348,524 £2,433 31
2016£315,923 £2,307 34
2015£344,455 £2,467 33
2014£287,587 £2,139 44
2013£289,205 £2,239 22
2012£282,648 £2,166 25
2011£267,935 £2,652 23
2010£306,818 £2,244 27
2009£271,908 £2,104 19
2008£300,957 £2,105 33
2007£290,810 £2,222 57
2006£280,954 £1,951 57
2005£254,466 £2,022 43
2004£260,832 £1,974 49
2003£243,757 £1,848 63
2002£203,445 £1,485 73
2001£149,994 £1,122 76
2000£133,328 £1,021 73
1999£107,609 £806 60
1998£97,925 £747 64
1997£90,874 £643 74
1996£86,192 £611 73
1995£82,459 £586 43
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£772,500 £3,855 2
2023£686,250 £3,873 2
2022£2,262,500 £6,337 4
2021£661,000 £3,560 5
2020£702,636 £3,377 11
2019£672,500 £3,202 6
2018£425,000 £3,149 2
2017£964,667 £3,425 3
2016£385,000 £3,105 1
2015£517,667 £2,362 3
2014£278,667 £2,866 3
2013£365,000 £2,683 1
2012£797,200 £3,231 5
2011£259,988 £2,245 4
2010£336,000 £2,477 2
2009£564,983 £1,699 3
2008£707,667 £2,689 3
2007£322,500 £3,135 4
2006£486,000 £2,318 3
2005£378,750 £1,652 4
2004£357,000 £2,514 10
2003£298,800 £2,063 10
2002£219,600 £1,368 6
2001£248,624 £1,435 8
2000£258,875 £1,480 4
1999£106,679 £964 7
1998£167,500 £857 4
1997£137,500 £1,083 3
1996£159,625 £925 4
1995£98,667 £1,071 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£407,400 £4,853 10
2022£1,029,375 £2,655 8
2021£1,065,179 £12,225 20
2020£272,390 £2,751 5
2019£231,742 £2,169 10
2018£1,063,667 £1,450 6
2017£484,083 £2,330 6
2016£810,421 £2,801 10
2015£482,500 £20,334 2

House Type in NE2 1LB area

The most common house types in the NE2 1LB postcode area are Terraced (42), Shared house (32), and Flat (31).

Total123
Terraced42
Shared house32
Flat31
commercial building8
Semi-detached7
Detached2
converted building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (92), and Owned: Owns with a mortgage or loan (13).

Private rented: Private landlord or letting agency92
Owned: Owns with a mortgage or loan13
Owned: Owns outright8
Private rented: Other private rented4
Shared ownership: Shared ownership3
Social rented: Other social rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE2 1LB have 2 people in household (37), and 4 people in household (23).

2 people in household37
4 people in household23
1 person in household18
5 people in household13
6 people in household10
3 people in household8
7 people in household7
8 or more people in household7
0 people in household0