Housing Market Analysis for WELL LANE, NE27 0LU

Are you looking to understand NE27 0LU 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 North Tyneside postcode.

For the location information and nearby amenities in the NE27 0LU area, explore the NE27 0LU Area information page.
For comprehensive crime statistics in the NE27 0LU area, explore the NE27 0LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE27 0LU postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £141,237 median price is £132,500 Standard Deviation is £23,563 with Total Sold: 4
    • The Last 5 Year average price is £180,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 WELL LANE: £180,000 (Sold on 20 Sep 2019)
    • The first recorded sale happened at this postcode is 4 WELL LANE: £119,950 (Sold on 25 Jun 2006)
  • Semi-Detached
    • The average price is around £137,667 median price is £154,500 Standard Deviation is £37,495 with Total Sold: 6
    • The Last 5 Year average price is £177,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 WELL LANE: £177,000 (Sold on 20 Jun 2019)
    • The first recorded sale happened at this postcode is 3 WELL LANE: £87,000 (Sold on 24 Jun 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE27 0LU 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
2019£180,000 £1,552 1
2015£140,000 £1,628 1
2011£124,999 £1,302 1
2006£119,950 £1,395 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£177,000 £1,967 1
2017£149,000 £2,561 1
2016£160,000 £1,778 1
2008£168,0001
2002£86,000 £944 2

All the Sales in the WELL LANE, NE27 0LU

See the table below for more details on the sold house prices in the NE27 0LU, North Tyneside postcode.

AddressSold DatePrice% Change
8 WELL LANETerraced, FreeholdArea: 116 Sq.mtrAge: 1950-196620 Sep 2019£180,000First Sale
9 WELL LANESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1967-197520 Jun 2019£177,00010.62%
23 Jun 2016£160,00088.24%
16 Aug 2002£85,000First Sale
7 WELL LANESemi-Detached, FreeholdArea: 58.17 Sq.mtrAge: 1950-196628 Jul 2017£149,000First Sale
4 WELL LANETerraced, FreeholdArea: 86 Sq.mtrAge: 1976-198229 May 2015£140,00016.72%
25 Jun 2006£119,950First Sale
2 WELL LANETerraced, FreeholdArea: 96 Sq.mtrAge: 1967-197509 Dec 2011£124,999First Sale
3 WELL LANESemi-Detached, Freehold27 May 2008£168,00093.10%
24 Jun 2002£87,000First Sale

Check out the sold house prices near the NE27 0LU postcode. Properties currently for saleProperties currently for rent

WELL LANE, NE27 0LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE27 0LU 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 NE27 0LU postcode.

  • Semi-Detached
    • The average price is around £136,456 median price is £143,500 Standard Deviation is £71,901 with Total Sold: 66
    • The Last 5 Year average price is £224,042 with Total Sold: 12
    • The most recent sale happened at this postcode is , 4 SHERWOOD CLOSE: £285,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 9 MURTON LANE: £57,000 (Sold on 26 May 1995)
  • Terraced
    • The average price is around £106,416 median price is £105,000 Standard Deviation is £55,727 with Total Sold: 47
    • The Last 5 Year average price is £145,875 with Total Sold: 12
    • The most recent sale happened at this postcode is , 270 NEW YORK ROAD: £125,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 272 NEW YORK ROAD: £24,000 (Sold on 04 Dec 1996)
  • Other
    • The average price is around £127,500 median price is £127,500 Standard Deviation is £42,500 with Total Sold: 2
    • The Last 5 Year average price is £85,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 164 BROOKLAND TERRACE: £85,000 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is UNIT G, ALGERNON INDUSTRIAL ESTATE NEW YORK ROAD: £170,000 (Sold on 14 Feb 2017)
  • Flat
    • The average price is around £53,870 median price is £53,000 Standard Deviation is £26,953 with Total Sold: 63
    • The Last 5 Year average price is £66,200 with Total Sold: 5
    • The most recent sale happened at this postcode is , 176 BROOKLAND TERRACE: £75,000 (Sold on 06 Oct 2023)
    • The first recorded sale happened at this postcode is , 150 BROOKLAND TERRACE: £22,500 (Sold on 13 Oct 1995)
  • Detached
    • The average price is around £201,528 median price is £195,000 Standard Deviation is £81,494 with Total Sold: 9
    • The Last 5 Year average price is £239,938 with Total Sold: 4
    • The most recent sale happened at this postcode is , MOORLANDS MURTON LANE: £373,750 (Sold on 24 Jun 2021)
    • The first recorded sale happened at this postcode is , ROBIN HOOD INN MURTON LANE: £200,000 (Sold on 07 Oct 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,0001
2023£284,333 £2,868 3
2022£220,000 £3,046 2
2021£215,500 £2,113 2
2020£167,500 £2,302 3
2019£177,000 £1,967 1
2018£229,500 £1,628 1
2017£149,000 £2,561 1
2016£151,750 £2,040 4
2015£142,000 £2,058 1
2014£201,000 £2,085 3
2013£145,000 £2,500 1
2012£178,650 £2,145 3
2011£165,000 £1,958 1
2010£205,000 £2,082 1
2009£165,750 £1,938 2
2008£126,5002
2007£163,500 £1,653 3
2006£210,000 £2,132 1
2005£125,333 £1,466 3
2003£104,125 £1,812 4
2002£92,333 £1,005 3
2001£61,167 £959 3
2000£52,833 £480 3
1999£64,565 £799 3
1998£61,250 £608 4
1997£58,8173
1996£70,000 £711 1
1995£51,500 £483 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,0001
2022£127,498 £1,483 2
2021£191,625 £2,035 4
2020£119,000 £1,653 1
2019£121,250 £1,253 4
2018£121,500 £1,582 2
2017£146,500 £1,296 5
2016£70,500 £1,971 1
2015£140,000 £1,628 1
2014£97,475 £1,294 2
2013£104,000 £1,405 1
2011£124,999 £1,302 1
2008£94,167 £1,356 3
2007£98,750 £1,264 4
2006£109,975 £1,395 2
2005£36,650 £464 1
2004£87,500 £1,123 1
2003£62,750 £811 2
2002£70,833 £585 3
2001£29,500 £378 1
2000£36,000 £389 2
1998£124,000 £756 1
1997£32,000 £386 1
1996£24,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£85,000 £1,466 1
2017£170,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£75,000 £1,653 1
2021£64,000 £1,111 4
2016£62,175 £1,136 4
2015£57,667 £991 3
2013£62,250 £1,115 2
2012£52,000 £914 1
2011£75,000 £1,295 2
2010£114,833 £2,190 3
2009£85,000 £1,020 1
2008£71,750 £1,298 2
2007£78,722 £1,398 9
2006£76,000 £1,741 2
2004£53,125 £889 2
2003£37,000 £645 8
2002£25,225 £511 4
2001£36,250 £811 2
2000£28,0001
1999£11,000 £243 1
1998£17,0001
1997£24,993 £412 7
1996£26,000 £475 2
1995£22,500 £363 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£373,7501
2019£195,333 £2,385 3
2016£190,000 £2,209 1
2014£122,000 £1,025 1
2008£275,0001
2000£67,0001
1996£200,0001

House Type in NE27 0LU area

The most common house types in the NE27 0LU postcode area are Semi-detached (51), Detached (25), and Terraced (9).

Total86
Semi-detached51
Detached25
Terraced9
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Owned: Owns with a mortgage or loan (25).

Owned: Owns outright44
Owned: Owns with a mortgage or loan25
Social rented: Rents from council or Local Authority7
Private rented: Private landlord or letting agency4
Social rented: Other social rented3
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 NE27 0LU have 2 people in household (46), and 1 person in household (28).

2 people in household46
1 person in household28
3 people in household9
4 people in household5
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0