Housing Market Analysis for FENWICK CLOSE, NE2 2LE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £281,000 median price is £272,500 Standard Deviation is £138,512 with Total Sold: 4
    • The Last 5 Year average price is £380,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 FENWICK CLOSE: £485,000 (Sold on 28 Sep 2022)
    • The first recorded sale happened at this postcode is 4 FENWICK CLOSE: £94,000 (Sold on 31 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 2LE 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£485,000 £4,042 1
2021£275,000 £2,434 1
2003£270,000 £2,250 1
1996£94,000 £783 1

All the Sales in the FENWICK CLOSE, NE2 2LE

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

AddressSold DatePrice% Change
4 FENWICK CLOSETerraced, FreeholdArea: 120 Sq.mtrAge: 1967-197528 Sep 2022£485,00079.63%
11 Feb 2003£270,000187.23%
31 Oct 1996£94,000First Sale
5 FENWICK CLOSETerraced, FreeholdArea: 113 Sq.mtrAge: 1976-198224 Feb 2021£275,000First Sale

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

FENWICK CLOSE, NE2 2LE Near By properties

Interactive Map

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

  • Flat
    • The average price is around £134,371 median price is £127,000 Standard Deviation is £85,061 with Total Sold: 2,463
    • The Last 5 Year average price is £197,091 with Total Sold: 306
    • 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 £292,157 median price is £250,000 Standard Deviation is £270,775 with Total Sold: 441
    • The Last 5 Year average price is £548,610 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 £256,693 median price is £247,500 Standard Deviation is £172,606 with Total Sold: 1,383
    • The Last 5 Year average price is £430,833 with Total Sold: 174
    • 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 £487,548 median price is £350,000 Standard Deviation is £458,901 with Total Sold: 195
    • The Last 5 Year average price is £933,081 with Total Sold: 37
    • 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 £823,757 median price is £269,950 Standard Deviation is £1,396,166 with Total Sold: 65
    • The Last 5 Year average price is £799,943 with Total Sold: 44
    • 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£194,952 £3,068 21
2023£195,199 £2,667 56
2022£189,288 £2,651 55
2021£213,980 £2,753 81
2020£179,522 £2,364 46
2019£197,522 £2,644 47
2018£184,887 £2,478 58
2017£173,855 £2,295 78
2016£173,356 £2,416 65
2015£174,302 £2,315 72
2014£170,657 £2,259 55
2013£161,469 £2,020 49
2012£161,625 £2,307 32
2011£141,964 £2,041 43
2010£148,857 £2,401 31
2009£147,760 £2,004 53
2008£160,883 £2,161 52
2007£175,938 £2,442 108
2006£176,566 £2,291 127
2005£161,745 £2,220 100
2004£172,537 £2,347 115
2003£147,788 £2,074 95
2002£127,885 £1,682 138
2001£94,782 £1,246 139
2000£89,522 £1,159 147
1999£74,346 £1,045 158
1998£63,841 £850 119
1997£59,340 £773 127
1996£55,802 £712 112
1995£54,345 £738 84
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£625,400 £2,831 5
2023£686,389 £4,070 9
2022£855,143 £3,211 7
2021£460,765 £3,326 17
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£746,333 £3,002 9
2013£319,219 £2,417 6
2012£317,220 £2,602 7
2011£444,714 £2,512 7
2010£279,492 £1,857 6
2009£321,750 £2,402 12
2008£346,336 £2,183 9
2007£325,730 £2,858 15
2006£315,977 £1,986 22
2005£329,381 £2,023 13
2004£303,140 £2,105 21
2003£294,400 £2,129 22
2002£228,145 £1,512 20
2001£191,104 £1,188 28
2000£153,809 £1,349 19
1999£118,117 £867 27
1998£113,209 £787 27
1997£108,721 £777 31
1996£109,410 £653 21
1995£106,229 £610 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£443,750 £3,212 10
2023£507,863 £3,173 30
2022£442,763 £3,234 21
2021£432,937 £3,212 55
2020£366,150 £2,585 32
2019£402,510 £2,530 26
2018£359,311 £2,536 38
2017£358,181 £2,444 36
2016£361,594 £2,394 36
2015£357,727 £2,410 44
2014£320,959 £2,207 41
2013£318,872 £2,252 25
2012£345,579 £2,263 28
2011£306,111 £2,605 27
2010£336,254 £2,370 32
2009£335,516 £2,317 16
2008£316,780 £2,161 36
2007£341,814 £2,299 53
2006£295,165 £2,007 60
2005£279,190 £2,092 45
2004£273,040 £1,965 56
2003£277,552 £1,872 65
2002£227,392 £1,522 77
2001£166,502 £1,157 83
2000£138,152 £1,023 77
1999£129,385 £846 66
1998£106,725 £758 61
1997£98,651 £640 79
1996£88,223 £604 81
1995£94,767 £602 47
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£915,000 £3,855 3
2023£810,000 £5,047 3
2022£1,852,857 £5,859 7
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£507,500 £3,497 2
2015£567,250 £3,209 8
2014£449,000 £2,866 4
2013£505,000 £3,476 3
2012£825,340 £3,300 5
2011£377,990 £2,355 5
2010£486,400 £2,882 5
2009£684,975 £1,748 2
2008£658,833 £2,689 6
2007£408,000 £3,488 5
2006£462,000 £2,318 4
2005£583,571 £2,736 7
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£151,425 £970 10
1995£149,000 £987 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£440,722 £4,853 9
2022£1,162,143 £2,835 7
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£773,625 £1,345 4
2016£810,421 £2,801 10
2015£482,500 £20,334 2

House Type in NE2 2LE area

The most common house types in the NE2 2LE postcode area are Terraced (50), Shared house (36), and Flat (25).

Total128
Terraced50
Shared house36
Flat25
Detached11
Semi-detached4
converted building2
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (73), and Owned: Owns outright (29).

Private rented: Private landlord or letting agency73
Owned: Owns outright29
Owned: Owns with a mortgage or loan19
Social rented: Other social rented5
Social rented: Rents from council or Local Authority2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE2 2LE have 2 people in household (40), and 1 person in household (21).

2 people in household40
1 person in household21
4 people in household15
3 people in household13
5 people in household11
6 people in household9
7 people in household9
8 or more people in household6
0 people in household0