Housing Market Analysis for GOWAN TERRACE, NE2 2PT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £255,667 median price is £270,000 Standard Deviation is £132,253 with Total Sold: 3
    • The Last 5 Year average price is £410,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 GOWAN TERRACE: £410,000 (Sold on 08 Jul 2022)
    • The first recorded sale happened at this postcode is 13 GOWAN TERRACE: £87,000 (Sold on 20 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 2PT 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£410,000 £3,445 1
2011£270,000 £2,269 1
1996£87,000 £731 1

All the Sales in the GOWAN TERRACE, NE2 2PT

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

AddressSold DatePrice% Change
13 GOWAN TERRACETerraced, FreeholdArea: 119 Sq.mtrAge: 1900-192908 Jul 2022£410,00051.85%
21 Jun 2011£270,000210.34%
20 Dec 1996£87,000First Sale

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

GOWAN TERRACE, NE2 2PT Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £332,190 median price is £280,000 Standard Deviation is £307,753 with Total Sold: 374
    • The Last 5 Year average price is £624,773 with Total Sold: 54
    • The most recent sale happened at this postcode is , 81 GROSVENOR AVENUE: £502,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 25 LARKSPUR TERRACE: £110,000 (Sold on 21 Feb 1995)
  • Flat
    • The average price is around £155,368 median price is £150,000 Standard Deviation is £110,515 with Total Sold: 2,804
    • The Last 5 Year average price is £237,626 with Total Sold: 378
    • The most recent sale happened at this postcode is FLAT 1, 30 CLAYTON ROAD: £220,000 (Sold on 23 Jul 2024)
    • The first recorded sale happened at this postcode is , 36A HOLLY AVENUE: £45,500 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £292,652 median price is £275,000 Standard Deviation is £191,288 with Total Sold: 1,503
    • The Last 5 Year average price is £511,345 with Total Sold: 197
    • The most recent sale happened at this postcode is , 48 LARKSPUR TERRACE: £576,000 (Sold on 10 Jul 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 £525,927 median price is £390,000 Standard Deviation is £437,617 with Total Sold: 217
    • The Last 5 Year average price is £924,859 with Total Sold: 38
    • 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 , 23 REID PARK ROAD: £278,000 (Sold on 08 Feb 1995)
  • Other
    • The average price is around £1,342,188 median price is £350,000 Standard Deviation is £2,203,698 with Total Sold: 107
    • The Last 5 Year average price is £1,474,833 with Total Sold: 64
    • The most recent sale happened at this postcode is , 15 CONISTON AVENUE: £190,000 (Sold on 26 Feb 2024)
    • The first recorded sale happened at this postcode is , 45 - 47 SANDERSON ROAD: £1,450,000 (Sold on 30 Aug 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£729,400 £2,726 5
2023£716,944 £4,046 9
2022£986,375 £3,440 8
2021£484,417 £3,374 12
2020£495,469 £3,227 8
2019£497,542 £3,258 12
2018£393,921 £2,907 12
2017£427,850 £2,497 10
2016£416,500 £2,670 5
2015£441,750 £3,018 11
2014£814,994 £3,123 8
2013£353,828 £2,495 4
2012£397,590 £2,749 6
2011£497,167 £2,527 6
2010£446,200 £1,759 5
2009£353,077 £2,492 13
2008£498,848 £2,156 8
2007£362,445 £2,401 10
2006£405,352 £1,973 21
2005£280,364 £1,751 11
2004£309,081 £2,070 18
2003£304,150 £2,164 19
2002£260,643 £1,661 14
2001£225,323 £1,226 20
2000£216,694 £1,805 14
1999£132,880 £853 22
1998£124,222 £763 30
1997£119,905 £795 22
1996£108,735 £596 17
1995£110,696 £610 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,874 £3,075 23
2023£237,560 £2,915 68
2022£215,667 £2,731 70
2021£285,062 £3,396 105
2020£215,872 £2,565 48
2019£203,711 £2,653 64
2018£207,826 £2,576 69
2017£195,066 £2,430 82
2016£200,914 £2,623 73
2015£197,463 £2,422 88
2014£203,072 £2,363 79
2013£177,672 £2,144 62
2012£175,520 £2,333 49
2011£174,492 £2,097 45
2010£179,046 £2,438 42
2009£170,687 £2,080 50
2008£171,435 £2,234 61
2007£185,244 £2,484 115
2006£189,992 £2,393 145
2005£176,859 £2,307 119
2004£188,988 £2,357 136
2003£166,145 £2,272 140
2002£142,440 £1,741 146
2001£107,158 £1,354 150
2000£96,394 £1,182 162
1999£84,667 £1,108 160
1998£70,479 £875 108
1997£63,899 £757 128
1996£58,633 £693 121
1995£58,836 £669 96
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£514,602 £3,622 13
2023£543,782 £3,231 36
2022£612,521 £3,543 36
2021£516,519 £3,301 53
2020£377,302 £2,676 30
2019£473,233 £2,713 29
2018£397,670 £2,572 46
2017£406,942 £2,464 33
2016£450,052 £2,522 33
2015£397,935 £2,447 46
2014£359,285 £2,338 47
2013£378,742 £2,280 26
2012£388,936 £2,387 32
2011£346,983 £2,768 30
2010£367,949 £2,456 37
2009£352,150 £2,268 30
2008£334,778 £2,221 37
2007£366,867 £2,220 57
2006£324,330 £2,096 64
2005£313,268 £2,071 56
2004£298,433 £2,028 56
2003£303,731 £2,005 65
2002£252,593 £1,563 82
2001£193,564 £1,160 87
2000£158,416 £1,082 86
1999£143,945 £874 70
1998£122,854 £768 64
1997£111,221 £667 82
1996£97,723 £628 75
1995£105,496 £623 65
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£786,667 £4,339 3
2023£800,000 £4,974 4
2022£1,938,932 £6,904 5
2021£836,667 £3,773 6
2020£793,636 £3,685 11
2019£682,222 £3,120 9
2018£535,500 £3,299 2
2017£1,231,333 £3,609 3
2016£803,750 £3,397 4
2015£542,556 £3,610 9
2014£652,5002
2013£679,000 £3,711 5
2012£783,900 £3,610 3
2011£558,000 £2,523 5
2010£455,500 £2,866 4
2009£696,252 £2,258 4
2008£770,375 £2,441 8
2007£750,625 £4,273 4
2006£649,667 £2,186 6
2005£737,273 £2,736 11
2004£420,179 £2,671 14
2003£391,333 £2,187 15
2002£342,357 £1,141 7
2001£309,495 £1,525 10
2000£288,396 £1,434 12
1999£174,161 £1,050 14
1998£269,351 £1,013 8
1997£183,600 £1,038 8
1996£185,696 £935 14
1995£161,429 £792 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,000 £2,676 1
2023£562,722 £8,758 9
2022£2,710,114 £14,032 22
2021£1,774,382 £15,615 12
2020£354,279 £2,517 7
2019£441,523 £1,744 13
2018£763,462 £2,150 13
2017£2,152,837 £98,394 12
2016£752,785 £2,819 13
2015£557,375 £20,334 4
2013£1,450,0001

House Type in NE2 2PT area

The most common house types in the NE2 2PT 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 2PT 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