Housing Market Analysis for TOWERS AVENUE, NE2 3QE

Are you looking to understand NE2 3QE 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 3QE area, explore the NE2 3QE Area information page.
For comprehensive crime statistics in the NE2 3QE area, explore the NE2 3QE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE2 3QE postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £468,118 median price is £435,000 Standard Deviation is £234,081 with Total Sold: 21
- The Last 5 Year average price is £781,400 with Total Sold: 5
- The most recent sale happened at this postcode is 22 TOWERS AVENUE: £675,000 (Sold on 25 May 2023)
- The first recorded sale happened at this postcode is 44 TOWERS AVENUE: £1,005,001 (Sold on 16 Feb 2024)
Terraced
- The average price is around £451,180 median price is £542,000 Standard Deviation is £161,976 with Total Sold: 10
- The Last 5 Year average price is £583,000 with Total Sold: 3
- The most recent sale happened at this postcode is 20 TOWERS AVENUE: £630,000 (Sold on 08 Sep 2022)
- The first recorded sale happened at this postcode is 5 TOWERS AVENUE: £182,000 (Sold on 21 Nov 1997)
Detached
- The average price is around £454,144 median price is £440,000 Standard Deviation is £173,594 with Total Sold: 9
- The most recent sale happened at this postcode is 1 TOWERS AVENUE: £440,000 (Sold on 18 Aug 2017)
- The first recorded sale happened at this postcode is 46 TOWERS AVENUE: £190,000 (Sold on 31 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 3QE 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£775,000	£4,845	2
2022	£727,000	£3,350	1
2019	£625,000	£3,964	1
2017	£644,000	£3,067	1
2014	£570,500	£2,961	1
2013	£564,400	£2,480	2
2012	£422,500	£2,544	2
2006	£460,000		1
2002	£120,000		1
2001	£336,667	£1,729	3
2000	£305,000	£1,062	2
1999	£185,170	£1,145	1
1998	£150,000		1
1996	£200,000	£733	1
2024	£1,005,001		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£630,000	£4,172	1
2020	£585,000	£3,401	1
2019	£534,000	£2,950	1
2018	£585,000	£2,812	1
2011	£585,000	£3,619	1
2006	£550,000	£3,402	1
2003	£342,000	£1,562	1
2001	£259,400	£1,437	2
1997	£182,000	£1,058	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£440,000	£2,803	1
2016	£670,000	£4,061	1
2015	£750,000	£3,866	1
2012	£397,500	£3,216	1
2011	£544,800	£3,210	1
2005	£345,000	£2,197	1
2003	£375,000	£1,758	2
1998	£190,000	£1,120	1

All the Sales in the TOWERS AVENUE, NE2 3QE

See the table below for more details on the sold house prices in the NE2 3QE, Newcastle upon Tyne postcode.

Address	Sold Date	Price	% Change
22 TOWERS AVENUESemi-Detached, FreeholdArea: 163 Sq.mtrAge: 1967-1975	25 May 2023	£675,000	145.45%
	12 Dec 2001	£275,000	First Sale
18 TOWERS AVENUESemi-Detached, FreeholdArea: 157.67 Sq.mtrAge: 1930-1949	27 Apr 2023	£875,000	40.00%
	16 Aug 2019	£625,000	66.67%
	02 Aug 2001	£375,000	First Sale
13 TOWERS AVENUESemi-Detached, FreeholdArea: 217 Sq.mtrAge: 1930-1949	14 Oct 2022	£727,000	First Sale
20 TOWERS AVENUETerraced, FreeholdArea: 151 Sq.mtrAge: 1967-1975	08 Sep 2022	£630,000	First Sale
5 TOWERS AVENUETerraced, FreeholdArea: 172 Sq.mtrAge: 1900-1929	01 Dec 2020	£585,000	221.43%
	21 Nov 1997	£182,000	First Sale
21 TOWERS AVENUETerraced, FreeholdArea: 181 Sq.mtrAge: 1930-1949	23 Sep 2019	£534,000	First Sale
11 TOWERS AVENUETerraced, FreeholdArea: 208 Sq.mtrAge: 1930-1949	13 Dec 2018	£585,000	First Sale
1 TOWERS AVENUEDetached, FreeholdArea: 157 Sq.mtrAge: 1900-1929	18 Aug 2017	£440,000	27.54%
	31 Aug 2005	£345,000	38.00%
	10 Mar 2003	£250,000	First Sale
12 TOWERS AVENUESemi-Detached, FreeholdArea: 210 Sq.mtrAge: 1930-1949	08 Aug 2017	£644,000	First Sale
48 TOWERS AVENUEDetached, FreeholdArea: 165 Sq.mtrAge: 1950-1966	27 May 2016	£670,000	First Sale
24 TOWERS AVENUEDetached, FreeholdArea: 194 Sq.mtrAge: 1950-1966	26 Aug 2015	£750,000	First Sale
17 TOWERS AVENUESemi-Detached, FreeholdArea: 192.7 Sq.mtrAge: 1930-1949	02 Jun 2014	£570,500	31.15%
	18 Jul 2012	£435,000	First Sale
31 TOWERS AVENUESemi-Detached, FreeholdArea: 243 Sq.mtrAge: 1930-1949	06 Jun 2013	£642,800	87.95%
	11 Nov 2003	£342,000	First Sale
30 TOWERS AVENUESemi-Detached, FreeholdArea: 210 Sq.mtrAge: 1950-1966	10 May 2013	£486,000	First Sale
29 TOWERS AVENUEDetached, FreeholdArea: 123.6 Sq.mtrAge: 1930-1949	25 May 2012	£397,500	First Sale
10 TOWERS AVENUESemi-Detached, FreeholdArea: 144.88 Sq.mtrAge: 1967-1975	30 Mar 2012	£410,000	First Sale
27 TOWERS AVENUETerraced, FreeholdArea: 161.66 Sq.mtrAge: 1900-1929	15 Apr 2011	£585,000	6.36%
	19 Jan 2006	£550,000	197.02%
	31 Aug 1999	£185,170	First Sale
46 TOWERS AVENUEDetached, FreeholdArea: 169.71 Sq.mtr	23 Mar 2011	£544,800	186.74%
46 TOWERS AVENUEDetached, FreeholdArea: 169.71 Sq.mtr	31 Mar 1998	£190,000	First Sale
32 TOWERS AVENUESemi-Detached, Freehold	12 Oct 2006	£460,000	First Sale
28 TOWERS AVENUEDetached, FreeholdArea: 260 Sq.mtrAge: 1930-1949	12 Sep 2003	£500,000	First Sale
34 TOWERS AVENUESemi-Detached, Freehold	22 Feb 2002	£120,000	First Sale
44 TOWERS AVENUESemi-Detached, FreeholdArea: 273 Sq.mtrAge: 1900-1929	09 Nov 2001	£360,000	24.14%
	15 Nov 2000	£290,000	45.00%
	29 May 1996	£200,000	-80.10%
	16 Feb 2024	£1,005,001	First Sale
19 TOWERS AVENUETerraced, FreeholdArea: 203 Sq.mtrAge: 1900-1929	31 Aug 2001	£291,800	First Sale
33 TOWERS AVENUETerraced, Freehold	21 Aug 2001	£227,000	First Sale
42 TOWERS AVENUESemi-Detached, Freehold	28 Apr 2000	£320,000	First Sale
25 TOWERS AVENUESemi-Detached, Freehold	30 Oct 1998	£150,000	First Sale

Check out the sold house prices near the NE2 3QE postcode. Properties currently for saleProperties currently for rent

TOWERS AVENUE, NE2 3QE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE2 3QE 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 3QE postcode.

Terraced
- The average price is around £261,503 median price is £245,000 Standard Deviation is £197,755 with Total Sold: 1,128
- The Last 5 Year average price is £466,155 with Total Sold: 156
- The most recent sale happened at this postcode is , 40 HONISTER AVENUE: £369,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 84 NEWLANDS ROAD: £74,950 (Sold on 14 Jan 1995)
Flat
- The average price is around £151,137 median price is £140,000 Standard Deviation is £134,935 with Total Sold: 2,164
- The Last 5 Year average price is £244,910 with Total Sold: 281
- The most recent sale happened at this postcode is 2, ADDERSTONE COURT ADDERSTONE CRESCENT: £385,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 79 HAZELWOOD AVENUE: £51,750 (Sold on 06 Jan 1995)
Detached
- The average price is around £738,486 median price is £495,000 Standard Deviation is £836,052 with Total Sold: 136
- The Last 5 Year average price is £1,271,002 with Total Sold: 22
- The most recent sale happened at this postcode is , 29 BRENTWOOD AVENUE: £190,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 18 ADDERSTONE CRESCENT: £210,000 (Sold on 10 Feb 1995)
Semi-Detached
- The average price is around £311,612 median price is £275,000 Standard Deviation is £210,411 with Total Sold: 572
- The Last 5 Year average price is £544,715 with Total Sold: 85
- The most recent sale happened at this postcode is , 17 CROSSWAY: £555,000 (Sold on 20 Jun 2024)
- The first recorded sale happened at this postcode is , 33 LYNDHURST AVENUE: £83,000 (Sold on 17 Feb 1995)
Other
- The average price is around £401,109 median price is £210,000 Standard Deviation is £539,002 with Total Sold: 69
- The Last 5 Year average price is £437,558 with Total Sold: 38
- The most recent sale happened at this postcode is , 3 WEST JESMOND AVENUE: £355,000 (Sold on 27 Mar 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£399,875	£3,235	8
2023	£476,601	£3,361	35
2022	£502,121	£3,572	29
2021	£523,524	£4,503	38
2020	£395,285	£3,141	24
2019	£404,445	£2,715	22
2018	£364,657	£2,888	41
2017	£351,139	£2,872	28
2016	£317,856	£2,541	39
2015	£375,357	£2,718	35
2014	£330,497	£2,750	35
2013	£308,396	£2,367	22
2012	£335,930	£2,419	15
2011	£329,991	£2,385	33
2010	£320,295	£2,463	28
2009	£308,655	£2,286	33
2008	£284,054	£2,347	30
2007	£278,847	£2,433	46
2006	£266,541	£2,121	70
2005	£277,134	£2,147	37
2004	£246,929	£2,028	35
2003	£251,694	£1,926	36
2002	£187,827	£1,576	54
2001	£157,316	£1,181	66
2000	£131,220	£1,034	49
1999	£109,301	£921	74
1998	£104,543	£938	42
1997	£97,597	£742	48
1996	£88,118	£638	37
1995	£81,051	£581	39

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£247,978	£2,938	18
2023	£223,326	£2,807	43
2022	£233,475	£3,037	53
2021	£319,170	£3,733	75
2020	£201,806	£2,546	43
2019	£199,257	£2,656	49
2018	£196,685	£2,487	61
2017	£196,718	£2,557	83
2016	£239,881	£2,846	85
2015	£225,367	£2,675	71
2014	£170,745	£2,343	66
2013	£154,829	£2,155	49
2012	£167,248	£2,276	31
2011	£182,169	£2,272	32
2010	£182,955	£2,374	34
2009	£180,836	£2,317	34
2008	£185,473	£2,185	40
2007	£182,834	£2,489	77
2006	£178,915	£2,375	87
2005	£165,173	£2,076	82
2004	£176,110	£2,276	86
2003	£163,091	£2,045	88
2002	£152,390	£1,783	111
2001	£110,056	£1,374	130
2000	£74,750	£981	113
1999	£66,299	£882	98
1998	£65,734	£872	105
1997	£62,341	£721	138
1996	£52,337	£698	112
1995	£52,100	£645	70

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,000		1
2023	£775,000	£3,051	1
2022	£1,898,293	£5,341	7
2021	£1,411,500	£4,812	6
2020	£805,000	£4,955	3
2019	£706,250	£4,162	4
2018	£1,680,000	£4,916	4
2017	£1,039,167	£3,716	6
2016	£893,154	£4,320	13
2015	£1,055,500	£3,571	4
2014	£1,593,750	£4,485	4
2013	£550,000	£3,145	1
2012	£397,500	£3,216	1
2011	£1,350,800	£4,679	6
2010	£452,500	£3,146	2
2009	£569,000	£2,972	6
2008	£1,205,000		1
2007	£506,862	£2,826	4
2006	£667,500		2
2005	£290,000	£1,984	3
2004	£586,500	£2,355	9
2003	£280,312	£2,045	8
2002	£500,600	£2,193	5
2001	£319,917	£1,818	3
2000	£315,100	£1,599	5
1999	£228,250	£934	6
1998	£192,857	£1,082	7
1997	£253,750	£548	4
1996	£215,875	£739	4
1995	£223,833		6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£694,200	£3,756	5
2023	£579,625	£3,933	18
2022	£623,503	£3,804	16
2021	£479,897	£3,454	16
2020	£494,453	£3,297	19
2019	£486,136	£3,384	11
2018	£349,100	£2,758	10
2017	£387,580	£2,824	19
2016	£488,562	£2,947	20
2015	£405,284	£2,834	19
2014	£421,954	£2,391	16
2013	£404,100	£2,297	13
2012	£301,394	£2,243	24
2011	£312,591	£2,600	19
2010	£309,825	£2,286	10
2009	£274,000	£2,244	13
2008	£468,744	£2,282	8
2007	£325,350	£2,503	21
2006	£350,005	£2,078	27
2005	£388,961	£2,239	14
2004	£359,796	£2,352	21
2003	£313,470	£1,720	23
2002	£211,307	£1,338	30
2001	£194,579	£1,264	28
2000	£161,017	£1,187	23
1999	£157,499	£1,108	32
1998	£113,657	£739	23
1997	£127,240	£760	31
1996	£106,927	£728	28
1995	£96,680	£641	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£272,500	£2,676	2
2023	£386,583	£3,080	6
2022	£215,815	£2,799	10
2021	£877,632	£9,562	8
2020	£179,929	£2,069	7
2019	£664,800	£2,525	5
2018	£224,188	£2,995	8
2017	£325,852	£2,272	13
2016	£363,719	£2,500	8
2015	£660,000		1
2013	£1,450,000		1

House Type in NE2 3QE area

The most common house types in the NE2 3QE postcode area are Semi-detached (94), Detached (13), and Terraced (4).

Total	112
Semi-detached	94
Detached	13
Terraced	4
converted building	1
Flat	0
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (52), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright	52
Owned: Owns with a mortgage or loan	51
Private rented: Private landlord or letting agency	7
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE2 3QE have 2 people in household (42), and 4 people in household (29).

2 people in household	42
4 people in household	29
3 people in household	22
1 person in household	12
5 people in household	2
6 people in household	2
7 people in household	2
0 people in household	0
8 or more people in household	0