Housing Market Analysis for BELLE GROVE WEST, NE2 4LU

Are you looking to understand NE2 4LU 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 4LU area, explore the NE2 4LU Area information page.
For comprehensive crime statistics in the NE2 4LU area, explore the NE2 4LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE2 4LU postcode area, The average prices are as follows,

  • Flat
    • The average price is around £104,150 median price is £106,250 Standard Deviation is £39,628 with Total Sold: 10
    • The Last 5 Year average price is £129,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 38 BELLE GROVE WEST: £135,000 (Sold on 14 Sep 2023)
    • The first recorded sale happened at this postcode is 53 BELLE GROVE WEST: £25,000 (Sold on 02 Jul 1999)
  • Other
    • The average price is around £1,000 median price is £1,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 55 BELLE GROVE WEST: £1,000 (Sold on 01 Nov 2016)
    • The first recorded sale happened at this postcode is 55 BELLE GROVE WEST: £1,000 (Sold on 01 Nov 2016)
  • Terraced
    • The average price is around £48,000 median price is £47,000 Standard Deviation is £1,414 with Total Sold: 3
    • The most recent sale happened at this postcode is 36 BELLE GROVE WEST: £47,000 (Sold on 15 Aug 2001)
    • The first recorded sale happened at this postcode is 43 BELLE GROVE WEST: £50,000 (Sold on 22 Dec 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 4LU 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£104,000 £1,848 2
2022£170,000 £1,972 1
2019£140,000 £1,624 1
2018£120,000 £1,981 2
2017£90,000 £1,636 1
2002£97,500 £1,692 1
2000£71,000 £823 1
1999£25,000 £253 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£1,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£47,000 £804 2
1999£50,000 £769 1

All the Sales in the BELLE GROVE WEST, NE2 4LU

See the table below for more details on the sold house prices in the NE2 4LU, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
38 BELLE GROVE WESTFlat, LeaseholdArea: 57 Sq.mtrAge: 1900-192914 Sep 2023£135,000First Sale
47 BELLE GROVE WESTFlat, LeaseholdArea: 55 Sq.mtrAge: 1900-192905 Jul 2023£73,000First Sale
41 BELLE GROVE WESTFlat, LeaseholdArea: 86.22 Sq.mtrAge: 1900-192914 Apr 2022£170,00021.43%
06 Dec 2019£140,00097.18%
30 May 2000£71,000First Sale
49 BELLE GROVE WESTFlat, LeaseholdArea: 62.11 Sq.mtrAge: 1900-192918 May 2018£125,000First Sale
51 BELLE GROVE WESTFlat, LeaseholdArea: 59 Sq.mtrAge: 1900-192918 May 2018£115,000First Sale
32 BELLE GROVE WESTFlat, LeaseholdArea: 55 Sq.mtrAge: 1900-192909 May 2017£90,000First Sale
55 BELLE GROVE WESTOther, Leasehold01 Nov 2016£1,000First Sale
45 BELLE GROVE WESTFlat, LeaseholdArea: 57.62 Sq.mtrAge: before 190024 Dec 2002£97,500First Sale
36 BELLE GROVE WESTTerraced, LeaseholdArea: 60 Sq.mtrAge: 1900-192915 Aug 2001£47,000First Sale
42 BELLE GROVE WESTTerraced, LeaseholdArea: 57 Sq.mtrAge: 1900-192915 Aug 2001£47,000First Sale
43 BELLE GROVE WESTTerraced, FreeholdArea: 65 Sq.mtrAge: 1900-192922 Dec 1999£50,000First Sale
53 BELLE GROVE WESTFlat, LeaseholdArea: 99 Sq.mtrAge: 1900-192902 Jul 1999£25,000First Sale

Check out the sold house prices near the NE2 4LU postcode. Properties currently for saleProperties currently for rent

BELLE GROVE WEST, NE2 4LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE2 4LU 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 4LU postcode.

  • Terraced
    • The average price is around £133,361 median price is £125,000 Standard Deviation is £89,506 with Total Sold: 352
    • The Last 5 Year average price is £231,503 with Total Sold: 49
    • The most recent sale happened at this postcode is , 57 WINDMILL COURT: £167,500 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is 9, CHIMNEY MILLS CLAREMONT ROAD: £80,000 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £1,607,530 median price is £222,500 Standard Deviation is £2,888,030 with Total Sold: 22
    • The Last 5 Year average price is £1,626,586 with Total Sold: 14
    • The most recent sale happened at this postcode is , TENJI RESTAURANT BARRACK ROAD: £700,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is 6, CHIMNEY MILLS CLAREMONT ROAD: £410,000 (Sold on 13 Oct 2016)
  • Flat
    • The average price is around £111,638 median price is £100,000 Standard Deviation is £61,734 with Total Sold: 454
    • The Last 5 Year average price is £149,604 with Total Sold: 67
    • The most recent sale happened at this postcode is FLAT A, 8 BELLE GROVE TERRACE: £180,000 (Sold on 04 Jul 2024)
    • The first recorded sale happened at this postcode is , 16A BELLE GROVE TERRACE: £44,950 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £145,105 median price is £127,000 Standard Deviation is £74,997 with Total Sold: 28
    • The Last 5 Year average price is £234,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 3 NEW VILLAS: £310,000 (Sold on 21 Apr 2023)
    • The first recorded sale happened at this postcode is , 1 LIMEWOOD COURT: £49,500 (Sold on 03 Mar 1995)
  • Detached
    • The average price is around £191,746 median price is £181,000 Standard Deviation is £92,532 with Total Sold: 12
    • The Last 5 Year average price is £264,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 9 OXNAM CRESCENT: £243,000 (Sold on 07 Sep 2021)
    • The first recorded sale happened at this postcode is , 9 OXNAM CRESCENT: £70,000 (Sold on 13 Oct 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£156,167 £4,000 3
2023£296,643 £2,453 7
2022£245,962 £2,693 9
2021£204,231 £2,115 13
2020£271,833 £2,137 9
2019£185,438 £2,406 8
2018£178,875 £2,605 4
2017£149,875 £2,055 6
2016£155,056 £1,929 9
2015£163,750 £2,916 2
2014£149,732 £1,575 11
2013£180,071 £1,786 7
2012£165,667 £1,348 6
2011£136,909 £2,119 11
2010£221,071 £2,575 7
2009£213,125 £1,936 10
2008£180,600 £2,170 5
2007£203,814 £2,298 11
2006£170,633 £2,299 15
2005£148,765 £2,181 17
2004£171,195 £2,124 10
2003£152,679 £1,813 14
2002£113,461 £1,314 18
2001£77,062 £833 28
2000£71,255 £960 17
1999£65,900 £981 15
1998£68,560 £895 24
1997£55,224 £726 19
1996£52,447 £739 19
1995£55,628 £776 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,422,050 £3,700 4
2023£169,000 £2,485 1
2022£450,000 £7,500 1
2021£159,500 £3,428 4
2020£2,968,500 £1,930 2
2019£2,945,000 £1,579 2
2018£3,510,834 £1,649 3
2017£549,9853
2016£205,500 £3,504 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,1673
2023£166,719 £2,267 16
2022£133,036 £2,287 14
2021£151,571 £2,141 14
2020£151,333 £2,226 9
2019£151,273 £2,178 11
2018£121,243 £2,107 14
2017£138,762 £1,877 21
2016£157,214 £2,380 14
2015£122,464 £1,989 7
2014£142,982 £1,928 14
2013£145,977 £1,794 11
2012£104,786 £1,839 7
2011£148,167 £1,912 6
2010£126,536 £2,000 8
2009£112,300 £1,587 11
2008£156,900 £2,140 15
2007£148,618 £2,311 22
2006£136,948 £2,127 16
2005£161,227 £2,324 11
2004£151,229 £2,158 24
2003£120,112 £1,802 20
2002£81,783 £1,456 30
2001£75,824 £1,107 21
2000£62,312 £910 21
1999£52,403 £799 17
1998£53,153 £761 18
1997£43,043 £752 31
1996£50,363 £743 15
1995£46,273 £861 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£310,000 £3,298 1
2019£158,000 £2,821 1
2017£185,000 £1,322 1
2015£219,000 £2,330 1
2012£221,500 £1,938 2
2008£175,000 £1,472 2
2007£215,000 £1,886 1
2005£157,250 £1,974 2
2004£229,000 £1,042 2
2003£138,500 £2,229 3
2001£94,000 £899 2
2000£66,000 £737 2
1999£94,483 £711 3
1998£97,000 £743 2
1996£69,500 £497 1
1995£64,000 £609 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£243,000 £1,699 1
2020£368,000 £2,329 1
2019£182,000 £2,738 1
2012£190,000 £2,859 1
2007£180,000 £2,708 1
2006£327,500 £2,073 1
2005£162,000 £2,727 1
2003£272,0001
2001£139,950 £886 1
1998£83,250 £797 2
1995£70,000 £490 1

House Type in NE2 4LU area

The most common house types in the NE2 4LU postcode area are Terraced (55), Flat (49), and Shared house (25).

Total148
Terraced55
Flat49
Shared house25
Semi-detached16
converted building2
Detached1
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 (91), and Social rented: Rents from council or Local Authority (15).

Private rented: Private landlord or letting agency91
Social rented: Rents from council or Local Authority15
Owned: Owns outright14
Owned: Owns with a mortgage or loan14
Social rented: Other social rented9
Private rented: Other private rented4
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE2 4LU have 2 people in household (53), and 1 person in household (52).

2 people in household53
1 person in household52
3 people in household15
6 people in household11
4 people in household9
5 people in household7
0 people in household0
7 people in household0
8 or more people in household0