Housing Market Analysis for BUSTON TERRACE, NE2 2JL

Are you looking to understand NE2 2JL 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 2JL area, explore the NE2 2JL Area information page.
For comprehensive crime statistics in the NE2 2JL area, explore the NE2 2JL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE2 2JL postcode area, The average prices are as follows,

Terraced
- The average price is around £202,444 median price is £220,000 Standard Deviation is £97,555 with Total Sold: 42
- The Last 5 Year average price is £334,000 with Total Sold: 6
- The most recent sale happened at this postcode is 17 BUSTON TERRACE: £380,000 (Sold on 23 Oct 2023)
- The first recorded sale happened at this postcode is 25 BUSTON TERRACE: £89,950 (Sold on 22 Jun 1995)
Semi-Detached
- The average price is around £194,750 median price is £162,500 Standard Deviation is £137,757 with Total Sold: 8
- The Last 5 Year average price is £480,000 with Total Sold: 1
- The most recent sale happened at this postcode is 62 BUSTON TERRACE: £480,000 (Sold on 31 Aug 2023)
- The first recorded sale happened at this postcode is 62 BUSTON TERRACE: £68,000 (Sold on 05 May 1995)
Other
- The average price is around £643,042 median price is £222,500 Standard Deviation is £950,684 with Total Sold: 5
- The Last 5 Year average price is £168,875 with Total Sold: 4
- The most recent sale happened at this postcode is 41 BUSTON TERRACE: £222,500 (Sold on 10 Mar 2023)
- The first recorded sale happened at this postcode is ORCHARD HOUSE BUSTON TERRACE: £2,539,710 (Sold on 12 Aug 2016)
Flat
- The average price is around £131,932 median price is £149,500 Standard Deviation is £56,664 with Total Sold: 31
- The Last 5 Year average price is £219,625 with Total Sold: 4
- The most recent sale happened at this postcode is 43 BUSTON TERRACE: £222,500 (Sold on 10 Mar 2023)
- The first recorded sale happened at this postcode is 35 BUSTON TERRACE: £52,000 (Sold on 18 Aug 1995)
Detached
- The average price is around £575,000 median price is £575,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £575,000 with Total Sold: 1
- The most recent sale happened at this postcode is 2A BUSTON TERRACE: £575,000 (Sold on 01 May 2019)
- The first recorded sale happened at this postcode is 2A BUSTON TERRACE: £575,000 (Sold on 01 May 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 2JL 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£380,000	£3,519	1
2022	£302,500	£3,366	2
2021	£330,000	£3,219	2
2020	£359,000	£3,740	1
2018	£306,333	£3,287	3
2017	£285,500	£2,483	1
2016	£260,000	£2,407	1
2014	£270,000	£2,126	1
2013	£222,333	£2,220	3
2006	£282,500	£1,884	2
2005	£260,000	£1,695	2
2004	£325,000	£2,083	1
2003	£218,250	£1,402	2
2002	£192,425	£1,850	2
2001	£143,500	£1,101	3
2000	£114,625	£971	4
1999	£125,000	£1,494	1
1998	£89,975	£663	2
1997	£85,650	£611	3
1996	£86,983	£707	3
1995	£76,975	£630	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£480,000	£3,053	1
2018	£185,000	£2,467	1
2009	£279,000	£3,805	1
2006	£285,000	£1,813	1
1999	£140,000	£891	1
1995	£63,000	£549	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£222,500	£1,780	1
2021	£151,000	£1,895	3
2016	£2,539,710		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£222,500		1
2022	£210,000	£2,561	1
2020	£191,000	£2,146	1
2019	£255,000	£2,040	1
2015	£175,800	£2,063	2
2013	£72,500	£999	1
2009	£154,750	£1,693	2
2008	£114,250	£1,507	2
2007	£175,750	£2,009	2
2006	£164,000	£2,000	1
2004	£170,200	£2,171	5
2002	£95,000	£1,056	1
2000	£81,167	£815	3
1999	£63,600	£855	2
1998	£82,033	£869	3
1996	£59,500	£589	2
1995	£52,000	£765	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£575,000	£2,114	1

All the Sales in the BUSTON TERRACE, NE2 2JL

See the table below for more details on the sold house prices in the NE2 2JL, Newcastle upon Tyne postcode.

Address	Sold Date	Price	% Change
17 BUSTON TERRACETerraced, FreeholdArea: 108 Sq.mtrAge: 1900-1929	23 Oct 2023	£380,000	20.63%
	22 Jun 2021	£315,000	21.15%
	22 Aug 2016	£260,000	First Sale
62 BUSTON TERRACESemi-Detached, FreeholdArea: 157.2 Sq.mtrAge: 1900-1929	31 Aug 2023	£480,000	68.42%
	03 Jul 2006	£285,000	103.57%
	08 Jun 1999	£140,000	133.33%
	26 Jun 1995	£60,000	-11.76%
	05 May 1995	£68,000	First Sale
41 BUSTON TERRACEOther, FreeholdArea: 125 Sq.mtrAge: 1900-1929	10 Mar 2023	£222,500	139.25%
	25 Aug 2000	£93,000	56.30%
	07 Jun 1996	£59,500	First Sale
43 BUSTON TERRACEFlat, Leasehold	10 Mar 2023	£222,500	43.55%
	08 Mar 2004	£155,000	160.50%
	07 Jun 1996	£59,500	First Sale
13 BUSTON TERRACETerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	30 Sep 2022	£325,000	First Sale
1 BUSTON TERRACETerraced, FreeholdArea: 83.68 Sq.mtrAge: 1900-1929	26 Aug 2022	£280,000	19.66%
	14 Nov 2018	£234,000	76.60%
	11 Jul 2001	£132,500	6.00%
	02 Sep 1999	£125,000	95.31%
	15 Sep 1995	£64,000	First Sale
33 BUSTON TERRACEFlat, LeaseholdArea: 82 Sq.mtrAge: 1900-1929	01 Feb 2022	£210,000	15.07%
	03 Jul 2015	£182,500	1.39%
	30 Apr 2004	£180,000	183.02%
	30 Jul 1999	£63,600	First Sale
65 BUSTON TERRACEOther, LeaseholdArea: 89 Sq.mtrAge: 1900-1929	17 Dec 2021	£262,000	55.95%
	31 Mar 2004	£168,000	First Sale
11 BUSTON TERRACETerraced, FreeholdArea: 98 Sq.mtrAge: 1967-1975	26 Feb 2021	£345,000	2.99%
	08 Jun 2018	£335,000	47.58%
	14 Nov 2013	£227,000	152.36%
	01 May 1996	£89,950	First Sale
29 BUSTON TERRACEOther, FreeholdArea: 67 Sq.mtrAge: 1900-1929	20 Jan 2021	£95,500	First Sale
31 BUSTON TERRACEOther, LeaseholdArea: 72.57 Sq.mtrAge: 1900-1929	20 Jan 2021	£95,500	31.72%
	20 Sep 2013	£72,500	-18.08%
	08 Aug 2008	£88,500	First Sale
59 BUSTON TERRACEFlat, LeaseholdArea: 89 Sq.mtrAge: 1900-1929	07 Aug 2020	£191,000	12.95%
	11 Dec 2015	£169,100	-6.06%
	08 Aug 2007	£180,000	139.20%
	30 Jun 2000	£75,250	First Sale
58 BUSTON TERRACETerraced, FreeholdArea: 96 Sq.mtrAge: before 1900	26 Jun 2020	£359,000	2.57%
	14 Sep 2018	£350,000	62.79%
	01 Feb 2013	£215,000	First Sale
69 BUSTON TERRACEFlat, LeaseholdArea: 125 Sq.mtrAge: 1900-1929	22 Jul 2019	£255,000	181.77%
	21 Aug 1998	£90,500	First Sale
2A BUSTON TERRACEDetached, FreeholdArea: 272 Sq.mtrAge: 1900-1929	01 May 2019	£575,000	First Sale
39 BUSTON TERRACESemi-Detached, LeaseholdArea: 75 Sq.mtrAge: 1900-1929	14 Mar 2018	£185,000	12.80%
	20 Dec 2006	£164,000	First Sale
72 BUSTON TERRACETerraced, FreeholdArea: 115 Sq.mtrAge: 1900-1929	15 Nov 2017	£285,500	First Sale
ORCHARD HOUSE BUSTON TERRACEOther, Freehold	12 Aug 2016	£2,539,710	First Sale
21 BUSTON TERRACETerraced, FreeholdArea: 127 Sq.mtrAge: 1900-1929	22 Sep 2014	£270,000	98.53%
	30 Aug 2000	£136,000	49.45%
	30 Aug 1996	£91,000	First Sale
15 BUSTON TERRACETerraced, FreeholdArea: 107 Sq.mtrAge: before 1900	11 Dec 2013	£225,000	First Sale
63 BUSTON TERRACEFlat, LeaseholdArea: 91.4 Sq.mtrAge: 1900-1929	04 Sep 2009	£149,500	First Sale
6 BUSTON TERRACESemi-Detached, FreeholdArea: 73.32 Sq.mtrAge: 1950-1966	09 Jul 2009	£279,000	357.38%
	10 Oct 1995	£61,000	First Sale
61 BUSTON TERRACEFlat, LeaseholdArea: 91.4 Sq.mtrAge: 1900-1929	13 Feb 2009	£160,000	First Sale
71 BUSTON TERRACEFlat, LeaseholdArea: 78 Sq.mtrAge: 1900-1929	14 Apr 2008	£140,000	54.70%
	21 Aug 1998	£90,500	First Sale
55 BUSTON TERRACEFlat, LeaseholdArea: 90 Sq.mtrAge: 1900-1929	05 Nov 2007	£171,500	80.53%
	06 Sep 2002	£95,000	45.93%
	16 Sep 1998	£65,100	First Sale
66 BUSTON TERRACETerraced, FreeholdArea: 162 Sq.mtrAge: 1900-1929	26 May 2006	£260,000	First Sale
25 BUSTON TERRACETerraced, FreeholdArea: 141 Sq.mtrAge: 1900-1929	27 Jan 2006	£305,000	22.02%
	01 Nov 2002	£249,950	61.26%
	31 Aug 2001	£155,000	72.32%
	22 Jun 1995	£89,950	First Sale
64 BUSTON TERRACETerraced, FreeholdArea: 178 Sq.mtrAge: 1900-1929	31 Oct 2005	£250,000	0.20%
	31 Jul 2003	£249,500	107.92%
	30 Jun 2000	£120,000	First Sale
23 BUSTON TERRACETerraced, FreeholdArea: 136 Sq.mtrAge: 1900-1929	26 Aug 2005	£270,000	First Sale
60 BUSTON TERRACETerraced, FreeholdArea: 156 Sq.mtrAge: before 1900	07 May 2004	£325,000	127.27%
	03 Aug 2001	£143,000	First Sale
35 BUSTON TERRACEFlat, LeaseholdArea: 68 Sq.mtrAge: 1900-1929	30 Apr 2004	£180,000	183.02%
	30 Jul 1999	£63,600	22.31%
	18 Aug 1995	£52,000	First Sale
67 BUSTON TERRACEFlat, LeaseholdArea: 86 Sq.mtrAge: before 1900	31 Mar 2004	£168,000	First Sale
5 BUSTON TERRACETerraced, Freehold	27 Mar 2003	£187,000	146.05%
5 BUSTON TERRACETerraced, Freehold	29 Aug 1997	£76,000	First Sale
3 BUSTON TERRACETerraced, FreeholdArea: 70 Sq.mtrAge: 1900-1929	12 Apr 2002	£134,900	68.62%
	30 Mar 2000	£80,000	First Sale
57 BUSTON TERRACEFlat, FreeholdArea: 88 Sq.mtrAge: 1900-1929	30 Jun 2000	£75,250	First Sale
68 BUSTON TERRACETerraced, FreeholdArea: 120.02 Sq.mtrAge: 1900-1929	21 Jan 2000	£122,500	34.62%
	21 Mar 1997	£91,000	First Sale
70 BUSTON TERRACETerraced, FreeholdArea: 166 Sq.mtrAge: before 1900	26 Jun 1998	£110,000	37.50%
	15 Aug 1996	£80,000	First Sale
4 BUSTON TERRACETerraced, Freehold	27 Feb 1998	£69,950	First Sale
7 BUSTON TERRACETerraced, Freehold	11 Jul 1997	£89,950	First Sale

Check out the sold house prices near the NE2 2JL postcode. Properties currently for saleProperties currently for rent

BUSTON TERRACE, NE2 2JL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE2 2JL 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 2JL postcode.

Flat
- The average price is around £135,631 median price is £130,000 Standard Deviation is £85,225 with Total Sold: 2,467
- The Last 5 Year average price is £198,654 with Total Sold: 304
- The most recent sale happened at this postcode is , 49A OSBORNE ROAD: £267,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 36A HOLLY AVENUE: £45,500 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £294,637 median price is £259,500 Standard Deviation is £270,339 with Total Sold: 439
- The Last 5 Year average price is £560,013 with Total Sold: 58
- The most recent sale happened at this postcode is , 3 BURDON PLACE: £1,050,000 (Sold on 23 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 £259,309 median price is £249,250 Standard Deviation is £172,824 with Total Sold: 1,436
- The Last 5 Year average price is £439,865 with Total Sold: 182
- The most recent sale happened at this postcode is , 8 RIPON GARDENS: £275,000 (Sold on 30 May 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 £456,058 median price is £340,000 Standard Deviation is £405,779 with Total Sold: 197
- The Last 5 Year average price is £831,014 with Total Sold: 36
- The most recent sale happened at this postcode is 7, GROSVENOR VILLAS GROSVENOR ROAD: £1,200,000 (Sold on 13 May 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 £1,413,067 median price is £275,000 Standard Deviation is £2,136,297 with Total Sold: 77
- The Last 5 Year average price is £1,586,157 with Total Sold: 54
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£193,932	£3,068	22
2023	£196,611	£2,652	55
2022	£189,288	£2,651	55
2021	£218,442	£2,781	80
2020	£180,911	£2,360	45
2019	£197,522	£2,644	47
2018	£186,376	£2,489	57
2017	£176,387	£2,321	78
2016	£173,457	£2,422	66
2015	£173,629	£2,298	72
2014	£170,994	£2,289	57
2013	£162,448	£2,009	48
2012	£161,625	£2,307	32
2011	£142,290	£2,027	43
2010	£149,893	£2,432	32
2009	£148,044	£1,986	52
2008	£161,149	£2,148	53
2007	£177,321	£2,463	107
2006	£176,645	£2,285	127
2005	£161,816	£2,206	99
2004	£173,825	£2,350	113
2003	£157,039	£2,266	112
2002	£129,294	£1,677	136
2001	£95,398	£1,240	136
2000	£90,291	£1,153	147
1999	£74,295	£1,036	158
1998	£64,326	£839	117
1997	£59,296	£765	129
1996	£55,801	£698	109
1995	£54,524	£723	83

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£696,167	£2,831	6
2023	£686,389	£4,070	9
2022	£838,875	£3,293	8
2021	£454,250	£3,359	16
2020	£449,821	£3,227	7
2019	£416,542	£3,070	12
2018	£389,773	£2,931	13
2017	£367,577	£2,592	13
2016	£444,500	£2,575	8
2015	£410,078	£2,698	16
2014	£788,375	£3,123	8
2013	£319,219	£2,417	6
2012	£317,220	£2,602	7
2011	£439,750	£2,445	8
2010	£279,492	£1,857	6
2009	£348,538	£2,420	13
2008	£346,336	£2,183	9
2007	£325,730	£2,858	15
2006	£325,935	£1,994	23
2005	£246,413	£2,023	12
2004	£303,140	£2,105	21
2003	£294,400	£2,129	22
2002	£228,145	£1,512	20
2001	£192,293	£1,188	27
2000	£153,809	£1,349	19
1999	£118,117	£867	27
1998	£109,006	£751	27
1997	£108,012	£786	30
1996	£110,480	£653	20
1995	£106,795	£610	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£448,091	£3,212	11
2023	£508,319	£3,198	31
2022	£471,219	£3,265	23
2021	£443,545	£3,263	56
2020	£366,150	£2,585	32
2019	£412,940	£2,597	29
2018	£359,311	£2,536	38
2017	£359,329	£2,436	38
2016	£362,037	£2,426	38
2015	£357,556	£2,429	45
2014	£326,576	£2,220	44
2013	£326,363	£2,277	27
2012	£345,756	£2,295	32
2011	£302,310	£2,570	29
2010	£338,184	£2,374	33
2009	£341,355	£2,337	19
2008	£316,780	£2,161	36
2007	£341,596	£2,289	54
2006	£296,204	£2,045	62
2005	£281,345	£2,085	48
2004	£274,745	£1,964	58
2003	£279,506	£1,861	65
2002	£225,845	£1,522	76
2001	£167,973	£1,171	85
2000	£139,659	£1,034	83
1999	£129,680	£848	66
1998	£109,157	£757	62
1997	£98,338	£649	85
1996	£89,194	£604	83
1995	£94,876	£602	48

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£890,000	£4,339	4
2023	£638,125	£4,077	4
2022	£1,856,250	£5,928	4
2021	£659,286	£3,624	7
2020	£702,636	£3,377	11
2019	£672,500	£3,202	6
2018	£480,250	£3,224	4
2017	£1,029,750	£3,425	4
2016	£453,333	£2,974	3
2015	£517,250	£3,351	8
2014	£449,000	£2,866	4
2013	£505,000	£3,476	3
2012	£817,925	£3,300	4
2011	£377,990	£2,355	5
2010	£455,500	£2,866	4
2009	£684,975	£1,748	2
2008	£658,833	£2,689	6
2007	£408,000	£3,488	5
2006	£439,600	£2,228	5
2005	£548,750	£2,736	8
2004	£397,031	£2,528	16
2003	£376,750	£2,317	12
2002	£223,936	£1,451	7
2001	£275,995	£1,452	10
2000	£247,532	£1,283	8
1999	£167,396	£1,078	12
1998	£195,312	£1,013	8
1997	£147,917	£1,080	6
1996	£149,205	£970	11
1995	£143,667	£920	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£440,722	£4,853	9
2022	£3,446,471	£15,452	17
2021	£1,382,461	£8,327	12
2020	£198,983	£2,836	3
2019	£454,577	£2,169	13
2018	£1,236,600	£1,450	5
2017	£1,316,917	£1,415	6
2016	£810,421	£2,801	10
2015	£482,500	£20,334	2

House Type in NE2 2JL area

The most common house types in the NE2 2JL postcode area are Shared house (67), Terraced (54), and Flat (23).

Total	153
Shared house	67
Terraced	54
Flat	23
Semi-detached	9
Detached	0
converted building	0
commercial 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 (114), and Owned: Owns outright (17).

Private rented: Private landlord or letting agency	114
Owned: Owns outright	17
Owned: Owns with a mortgage or loan	16
Social rented: Other social rented	3
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE2 2JL have 2 people in household (33), and 1 person in household (29).

2 people in household	33
1 person in household	29
3 people in household	25
6 people in household	22
4 people in household	16
5 people in household	14
7 people in household	8
8 or more people in household	3
0 people in household	0