Housing Market Analysis for OAKWOOD, NE2 1PW

Are you looking to understand NE2 1PW 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 1PW area, explore the NE2 1PW Area information page.
For comprehensive crime statistics in the NE2 1PW area, explore the NE2 1PW Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £86,976 median price is £84,250 Standard Deviation is £31,887 with Total Sold: 32
- The Last 5 Year average price is £119,667 with Total Sold: 3
- The most recent sale happened at this postcode is 13 OAKWOOD: £127,500 (Sold on 22 Apr 2022)
- The first recorded sale happened at this postcode is 21 OAKWOOD: £41,000 (Sold on 12 Jul 1996)
Terraced
- The average price is around £105,000 median price is £105,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 13 OAKWOOD: £105,000 (Sold on 01 Aug 2014)
- The first recorded sale happened at this postcode is 13 OAKWOOD: £105,000 (Sold on 01 Aug 2014)
Detached
- The average price is around £50,498 median price is £50,498 Standard Deviation is £13,498 with Total Sold: 2
- The most recent sale happened at this postcode is 9 OAKWOOD: £63,995 (Sold on 08 Jun 2001)
- The first recorded sale happened at this postcode is 9 OAKWOOD: £37,000 (Sold on 05 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 1PW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£127,500	£2,056	1
2021	£115,750	£1,855	2
2015	£114,500	£1,971	2
2013	£111,000	£1,808	1
2011	£102,000	£1,645	1
2009	£72,000	£1,180	1
2007	£124,167	£1,996	3
2006	£120,000	£1,984	2
2005	£121,500	£2,004	2
2004	£121,000	£1,952	1
2002	£79,833		3
2001	£69,569	£1,135	4
2000	£52,817	£858	3
1999	£47,000	£758	1
1997	£43,333	£704	3
1996	£40,250	£637	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£105,000	£1,694	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£63,995		1
1995	£37,000		1

All the Sales in the OAKWOOD, NE2 1PW

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

Address	Sold Date	Price	% Change
13 OAKWOODFlat, LeaseholdArea: 62 Sq.mtrAge: 1976-1982	22 Apr 2022	£127,500	21.43%
13 OAKWOODFlat, LeaseholdArea: 62 Sq.mtrAge: 1976-1982	01 Aug 2014	£105,000	First Sale
7 OAKWOODFlat, Leasehold	10 Sep 2021	£116,500	7.87%
	30 Oct 2015	£108,000	25.58%
	22 Nov 2002	£86,000	First Sale
35 OAKWOODFlat, LeaseholdArea: 62 Sq.mtrAge: 1976-1982	07 Jan 2021	£115,000	-8.00%
	18 Apr 2007	£125,000	115.70%
	23 Aug 2000	£57,950	46.71%
	07 Aug 1996	£39,500	First Sale
15 OAKWOODFlat, LeaseholdArea: 61.4 Sq.mtrAge: 1983-1990	12 Nov 2015	£121,000	9.01%
15 OAKWOODFlat, LeaseholdArea: 61.4 Sq.mtrAge: 1983-1990	19 Jul 2013	£111,000	First Sale
19 OAKWOODFlat, LeaseholdArea: 62 Sq.mtrAge: 1967-1975	24 Nov 2011	£102,000	-15.70%
	29 Nov 2004	£121,000	72.86%
	21 Sep 2001	£70,000	37.25%
	03 Mar 2000	£51,000	15.91%
	22 Aug 1997	£44,000	First Sale
17 OAKWOODFlat, LeaseholdArea: 61 Sq.mtrAge: 1991-1995	12 Jun 2009	£72,000	First Sale
9 OAKWOODFlat, Leasehold	02 Nov 2007	£125,000	5.04%
	25 Oct 2006	£119,000	85.95%
	08 Jun 2001	£63,995	72.96%
	05 May 1995	£37,000	First Sale
25 OAKWOODFlat, LeaseholdArea: 62 Sq.mtrAge: 1976-1982	12 Jan 2007	£122,500	76.26%
	02 Nov 2001	£69,500	47.87%
	28 Jul 1999	£47,000	6.82%
	02 Apr 1997	£44,000	First Sale
33 OAKWOODFlat, LeaseholdArea: 61 Sq.mtrAge: 1976-1982	01 Nov 2006	£121,000	First Sale
11 OAKWOODFlat, LeaseholdArea: 60.52 Sq.mtrAge: 1967-1975	30 Sep 2005	£120,000	66.03%
	17 Aug 2001	£72,275	46.01%
	17 Mar 2000	£49,500	17.86%
	18 Dec 1997	£42,000	First Sale
23 OAKWOODFlat, LeaseholdArea: 60.72 Sq.mtr	03 Feb 2005	£123,000	84.96%
23 OAKWOODFlat, LeaseholdArea: 60.72 Sq.mtr	31 Aug 2001	£66,500	First Sale
27 OAKWOODFlat, Leasehold	29 Nov 2002	£82,500	First Sale
21 OAKWOODFlat, Leasehold	05 Apr 2002	£71,000	73.17%
21 OAKWOODFlat, Leasehold	12 Jul 1996	£41,000	First Sale

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

OAKWOOD, NE2 1PW Near By properties

Interactive Map

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

Terraced
- The average price is around £169,623 median price is £150,000 Standard Deviation is £123,322 with Total Sold: 1,448
- The Last 5 Year average price is £279,138 with Total Sold: 205
- The most recent sale happened at this postcode is , 27 EVERSLEY PLACE: £365,624 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 77 HELMSLEY ROAD: £50,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £109,657 median price is £108,500 Standard Deviation is £96,687 with Total Sold: 3,032
- The Last 5 Year average price is £175,702 with Total Sold: 374
- 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 £215,226 median price is £170,000 Standard Deviation is £138,824 with Total Sold: 247
- The Last 5 Year average price is £374,233 with Total Sold: 30
- The most recent sale happened at this postcode is , 5 PARKVILLE: £510,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 2 STRATFORD VILLAS: £81,250 (Sold on 31 Mar 1995)
Other
- The average price is around £805,037 median price is £195,000 Standard Deviation is £3,638,892 with Total Sold: 99
- The Last 5 Year average price is £1,137,033 with Total Sold: 62
- The most recent sale happened at this postcode is , 168 DONCASTER ROAD: £152,500 (Sold on 19 Dec 2023)
- The first recorded sale happened at this postcode is , 3 DINSDALE PLACE: £150,000 (Sold on 27 Jun 2014)
Detached
- The average price is around £273,383 median price is £214,000 Standard Deviation is £235,282 with Total Sold: 76
- The Last 5 Year average price is £170,643 with Total Sold: 7
- The most recent sale happened at this postcode is , 204 SANDYFORD ROAD: £122,500 (Sold on 14 Sep 2023)
- The first recorded sale happened at this postcode is , 49 SANDYFORD PARK: £60,000 (Sold on 16 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£290,670	£2,494	14
2023	£296,306	£2,984	31
2022	£236,621	£2,539	27
2021	£327,986	£2,932	60
2020	£249,590	£2,120	40
2019	£239,908	£2,134	33
2018	£241,042	£2,207	34
2017	£257,706	£2,187	35
2016	£226,288	£1,947	53
2015	£251,513	£2,019	38
2014	£226,634	£1,957	39
2013	£212,860	£1,863	29
2012	£188,900	£1,988	23
2011	£202,727	£2,042	30
2010	£220,252	£2,018	31
2009	£190,268	£2,081	25
2008	£206,843	£1,977	30
2007	£229,562	£2,131	68
2006	£185,487	£1,714	59
2005	£186,628	£1,704	43
2004	£196,989	£1,816	57
2003	£163,291	£1,487	67
2002	£140,687	£1,236	78
2001	£105,169	£969	80
2000	£93,432	£889	76
1999	£71,491	£673	75
1998	£72,028	£717	68
1997	£65,015	£563	89
1996	£61,325	£544	63
1995	£61,349	£561	53

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£167,050	£2,323	20
2023	£165,346	£2,367	74
2022	£175,255	£2,459	67
2021	£223,056	£2,935	100
2020	£134,738	£1,988	56
2019	£149,874	£2,105	57
2018	£138,308	£2,123	78
2017	£145,835	£2,048	88
2016	£139,595	£2,038	85
2015	£137,252	£2,055	85
2014	£137,108	£1,960	80
2013	£124,893	£1,811	66
2012	£135,977	£1,978	41
2011	£120,635	£1,828	60
2010	£114,631	£1,955	36
2009	£125,001	£1,840	58
2008	£134,764	£1,864	45
2007	£153,140	£2,163	144
2006	£144,792	£2,036	144
2005	£126,782	£1,814	147
2004	£140,358	£2,030	123
2003	£108,161	£1,596	122
2002	£90,091	£1,274	175
2001	£72,209	£1,019	178
2000	£71,722	£970	177
1999	£63,090	£905	185
1998	£50,574	£710	139
1997	£47,301	£657	170
1996	£43,236	£612	133
1995	£43,869	£647	99

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£465,000		2
2023	£246,750	£2,375	4
2022	£443,625	£3,547	4
2021	£345,094	£3,480	8
2020	£410,250	£3,158	5
2019	£389,071	£3,120	7
2018	£277,071	£2,231	7
2017	£260,833	£2,429	6
2016	£337,700	£2,682	5
2015	£371,667	£2,601	6
2014	£295,488	£2,130	4
2013	£250,600	£1,822	5
2012	£245,750	£2,111	4
2011	£276,667	£2,018	3
2010	£245,890	£2,062	5
2009	£250,750	£2,184	8
2008	£197,685	£2,547	4
2007	£289,263	£2,700	15
2006	£229,747	£1,865	18
2005	£202,585	£1,820	10
2004	£200,090	£1,675	11
2003	£194,374	£2,087	17
2002	£148,445	£1,343	10
2001	£190,963	£1,130	15
2000	£119,776	£1,256	15
1999	£91,687	£786	15
1998	£91,833	£665	9
1997	£78,063	£712	15
1996	£71,450	£663	8
1995	£70,625	£562	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£246,800	£4,292	10
2022	£457,155	£4,607	10
2021	£753,844	£9,508	27
2020	£231,850	£2,446	7
2019	£5,184,967	£66,097	8
2018	£221,379	£1,694	14
2017	£169,227	£2,220	11
2016	£294,649	£2,630	9
2015	£720,000		2
2014	£150,000	£1,282	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£122,500	£1,167	1
2021	£170,000	£2,937	3
2020	£198,500	£3,097	2
2019	£165,000	£2,479	1
2018	£425,000	£3,149	2
2017	£825,000	£3,479	2
2016	£385,000	£3,105	1
2015	£326,500	£2,753	2
2014	£236,750	£2,582	2
2013	£365,000	£2,683	1
2012	£723,750	£2,782	2
2011	£246,650	£2,332	3
2010	£322,000	£2,091	1
2009	£249,950	£1,748	1
2008	£799,000	£2,689	2
2007	£322,500	£3,135	4
2006	£182,000	£2,758	1
2005	£347,000	£1,477	4
2004	£327,500	£2,464	10
2003	£199,778	£1,868	9
2002	£165,500	£1,501	4
2001	£167,249	£1,303	4
2000	£137,250	£1,480	2
1999	£120,150	£1,186	5
1997	£145,000		1
1996	£136,250	£1,116	2
1995	£73,000	£777	4

House Type in NE2 1PW area

The most common house types in the NE2 1PW postcode area are Flat (62), Shared house (42), and Terraced (12).

Total	119
Flat	62
Shared house	42
Terraced	12
Detached	2
commercial building	1
Semi-detached	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (80), and Owned: Owns outright (15).

Private rented: Private landlord or letting agency	80
Owned: Owns outright	15
Owned: Owns with a mortgage or loan	14
Social rented: Other social rented	8
Social rented: Rents from council or Local Authority	2
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE2 1PW have 2 people in household (52), and 1 person in household (33).

2 people in household	52
1 person in household	33
3 people in household	16
6 people in household	10
4 people in household	4
5 people in household	4
0 people in household	0
7 people in household	0
8 or more people in household	0