Housing Market Analysis for MATTHEW BANK, NE2 3RE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £65,700 median price is £65,700 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is CRAGHALL LODGE MATTHEW BANK: £65,700 (Sold on 27 Sep 1996)
    • The first recorded sale happened at this postcode is CRAGHALL LODGE MATTHEW BANK: £65,700 (Sold on 27 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 3RE 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
1996£65,700 £684 1

All the Sales in the MATTHEW BANK, NE2 3RE

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

AddressSold DatePrice% Change
CRAGHALL LODGE MATTHEW BANKTerraced, FreeholdArea: 96 Sq.mtrAge: before 190027 Sep 1996£65,700First Sale

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

MATTHEW BANK, NE2 3RE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £376,571 median price is £287,500 Standard Deviation is £305,763 with Total Sold: 262
    • The Last 5 Year average price is £687,686 with Total Sold: 29
    • The most recent sale happened at this postcode is , 1 MILL RISE: £490,000 (Sold on 18 Sep 2024)
    • The first recorded sale happened at this postcode is , 63 CASTLEDENE COURT: £86,000 (Sold on 16 Jan 1995)
  • Flat
    • The average price is around £137,278 median price is £125,000 Standard Deviation is £92,050 with Total Sold: 1,176
    • The Last 5 Year average price is £194,850 with Total Sold: 143
    • The most recent sale happened at this postcode is , 22 AUDLEY ROAD: £194,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 3 CRAGHALL DENE: £59,000 (Sold on 19 Jan 1995)
  • Terraced
    • The average price is around £242,209 median price is £243,000 Standard Deviation is £137,994 with Total Sold: 962
    • The Last 5 Year average price is £396,706 with Total Sold: 131
    • 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)
  • Semi-Detached
    • The average price is around £276,589 median price is £237,500 Standard Deviation is £187,613 with Total Sold: 695
    • The Last 5 Year average price is £465,454 with Total Sold: 115
    • The most recent sale happened at this postcode is , 9 DENE CRESCENT: £360,000 (Sold on 11 Jul 2024)
    • The first recorded sale happened at this postcode is , 7 DENE CRESCENT: £25,000 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £474,873 median price is £180,000 Standard Deviation is £1,265,194 with Total Sold: 40
    • The Last 5 Year average price is £350,117 with Total Sold: 25
    • The most recent sale happened at this postcode is , 106 SANDRINGHAM ROAD: £165,000 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is , DAVID LLOYD LEISURE CASTLE FARM ROAD: £8,091,015 (Sold on 07 Mar 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£476,667 £2,933 3
2023£425,000 £2,931 1
2022£1,207,500 £5,159 5
2021£675,600 £3,459 5
2020£646,583 £3,952 6
2019£532,544 £3,340 9
2018£757,500 £4,699 3
2017£797,389 £3,462 9
2016£716,228 £3,754 16
2015£454,438 £3,185 8
2014£447,500 £3,154 8
2013£330,250 £2,487 6
2012£338,500 £2,937 7
2011£480,800 £3,205 6
2010£306,658 £2,933 6
2009£444,625 £2,686 16
2008£379,000 £1,630 4
2007£432,106 £2,927 9
2006£353,636 £2,107 9
2005£328,400 £2,184 5
2004£338,246 £2,344 14
2003£281,600 £1,974 10
2002£295,500 £1,608 8
2001£165,795 £1,309 14
2000£258,057 £1,676 7
1999£161,464 £1,224 14
1998£142,608 £1,036 18
1997£147,036 £1,077 14
1996£146,125 £1,140 10
1995£148,746 £929 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£252,643 £2,665 7
2023£177,736 £2,612 21
2022£228,078 £2,777 27
2021£177,118 £2,518 37
2020£224,538 £2,601 16
2019£173,100 £2,434 35
2018£183,299 £2,329 28
2017£203,964 £2,553 38
2016£269,750 £2,886 44
2015£213,116 £2,515 61
2014£157,387 £2,209 39
2013£143,729 £1,996 26
2012£135,924 £1,938 21
2011£164,275 £2,206 28
2010£144,379 £2,221 21
2009£153,704 £2,283 24
2008£137,154 £2,071 25
2007£153,217 £2,045 42
2006£146,984 £2,150 54
2005£154,659 £2,085 39
2004£155,150 £2,115 46
2003£140,314 £1,793 51
2002£150,476 £1,749 65
2001£102,219 £1,371 71
2000£62,903 £883 52
1999£52,830 £823 46
1998£55,685 £788 56
1997£50,567 £752 56
1996£48,810 £726 61
1995£50,796 £639 39
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£422,938 £3,380 8
2023£445,854 £3,161 27
2022£432,381 £3,073 23
2021£364,508 £2,963 30
2020£375,074 £2,850 25
2019£349,447 £2,503 18
2018£358,821 £2,879 35
2017£331,748 £2,568 33
2016£325,838 £2,467 32
2015£379,595 £2,604 34
2014£303,830 £2,400 25
2013£323,563 £2,148 19
2012£283,283 £2,188 21
2011£275,842 £2,308 30
2010£293,956 £2,235 24
2009£269,955 £2,041 20
2008£259,202 £2,020 22
2007£277,215 £1,960 46
2006£284,076 £2,109 51
2005£251,097 £2,203 35
2004£264,226 £2,037 31
2003£218,182 £1,696 30
2002£148,035 £1,452 38
2001£137,223 £1,056 57
2000£126,419 £971 40
1999£102,420 £852 58
1998£96,136 £753 43
1997£81,497 £688 43
1996£83,444 £588 32
1995£79,859 £620 32
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£496,667 £3,120 6
2023£470,774 £3,470 22
2022£583,886 £3,902 22
2021£409,314 £3,311 24
2020£411,879 £3,045 28
2019£460,654 £3,372 13
2018£321,656 £2,874 16
2017£342,702 £2,796 21
2016£421,680 £2,865 22
2015£359,859 £2,853 22
2014£357,237 £2,499 18
2013£314,620 £2,433 15
2012£289,850 £2,277 27
2011£260,701 £2,440 19
2010£330,617 £2,393 15
2009£233,615 £2,184 13
2008£353,246 £2,054 14
2007£299,533 £2,429 24
2006£298,841 £2,058 34
2005£315,874 £2,170 29
2004£285,908 £2,482 24
2003£268,729 £1,718 29
2002£168,534 £1,278 37
2001£179,680 £1,245 30
2000£134,572 £1,051 29
1999£137,367 £966 36
1998£98,546 £752 28
1997£110,746 £730 32
1996£102,257 £814 29
1995£81,620 £592 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£165,000 £2,500 1
2022£175,741 £2,437 11
2021£325,571 £3,449 7
2020£230,000 £2,090 2
2019£978,944 £3,104 4
2018£160,000 £1,833 5
2017£145,857 £2,017 7
2016£2,807,005 £2,068 3

House Type in NE2 3RE area

The most common house types in the NE2 3RE postcode area are Semi-detached (97), Terraced (15), and Shared house (10).

Total132
Semi-detached97
Terraced15
Shared house10
Detached6
Flat4
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (56), and Owned: Owns outright (55).

Owned: Owns with a mortgage or loan56
Owned: Owns outright55
Private rented: Private landlord or letting agency16
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE2 3RE have 2 people in household (50), and 1 person in household (31).

2 people in household50
1 person in household31
4 people in household21
3 people in household19
5 people in household7
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0