Housing Market Analysis for BACK ELM TERRACE, NE28 7NJ

Are you looking to understand NE28 7NJ 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 NE28 7NJ area, explore the NE28 7NJ Area information page.
For comprehensive crime statistics in the NE28 7NJ area, explore the NE28 7NJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE28 7NJ postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £115,729 median price is £108,000 Standard Deviation is £26,369 with Total Sold: 3
    • The Last 5 Year average price is £151,188 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 BACK ELM TERRACE: £151,188 (Sold on 02 Aug 2021)
    • The first recorded sale happened at this postcode is 1 BACK ELM TERRACE: £88,000 (Sold on 11 Oct 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average NE28 7NJ 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
2021£151,188 £2,051 1
2013£108,000 £1,465 1
2010£88,000 £1,194 1

All the Sales in the BACK ELM TERRACE, NE28 7NJ

See the table below for more details on the sold house prices in the NE28 7NJ, North Tyneside postcode.

AddressSold DatePrice% Change
1 BACK ELM TERRACETerraced, FreeholdArea: 73.73 Sq.mtrAge: before 190002 Aug 2021£151,18839.99%
12 Apr 2013£108,00022.73%
11 Oct 2010£88,000First Sale

Check out the sold house prices near the NE28 7NJ postcode. Properties currently for saleProperties currently for rent

BACK ELM TERRACE, NE28 7NJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE28 7NJ 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 NE28 7NJ postcode.

  • Terraced
    • The average price is around £89,957 median price is £85,000 Standard Deviation is £51,265 with Total Sold: 1,408
    • The Last 5 Year average price is £142,975 with Total Sold: 218
    • The most recent sale happened at this postcode is , 52 FERNDALE AVENUE: £252,560 (Sold on 18 Sep 2024)
    • The first recorded sale happened at this postcode is , 107 PARK ROAD: £20,000 (Sold on 09 Jan 1995)
  • Detached
    • The average price is around £191,011 median price is £195,000 Standard Deviation is £81,632 with Total Sold: 253
    • The Last 5 Year average price is £281,748 with Total Sold: 26
    • The most recent sale happened at this postcode is , 43 THE ACRES: £250,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 KINGS ROAD: £80,000 (Sold on 17 Jan 1995)
  • Semi-Detached
    • The average price is around £134,854 median price is £130,000 Standard Deviation is £70,096 with Total Sold: 473
    • The Last 5 Year average price is £199,022 with Total Sold: 83
    • The most recent sale happened at this postcode is , 19 PROSPECT AVENUE: £165,500 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , MORGAN VILLAS, 10 NORTH VIEW: £35,000 (Sold on 26 Jan 1995)
  • Flat
    • The average price is around £56,573 median price is £59,000 Standard Deviation is £28,933 with Total Sold: 2,011
    • The Last 5 Year average price is £75,225 with Total Sold: 210
    • The most recent sale happened at this postcode is , 53 DENE CRESCENT: £89,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 26 VICTORIA AVENUE: £16,500 (Sold on 11 Jan 1995)
  • Other
    • The average price is around £94,139 median price is £72,500 Standard Deviation is £78,392 with Total Sold: 122
    • The Last 5 Year average price is £95,468 with Total Sold: 78
    • The most recent sale happened at this postcode is , 80 NORTHUMBERLAND STREET: £136,000 (Sold on 17 Jan 2024)
    • The first recorded sale happened at this postcode is , 34 THE ACRES: £199,950 (Sold on 26 Sep 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£152,201 £1,609 14
2023£162,418 £1,568 60
2022£144,197 £1,551 45
2021£136,180 £1,355 50
2020£115,500 £1,196 28
2019£131,472 £1,220 21
2018£123,097 £1,243 36
2017£118,604 £1,359 39
2016£104,448 £1,133 24
2015£96,563 £1,118 41
2014£111,312 £1,085 36
2013£107,393 £1,096 37
2012£96,903 £1,153 32
2011£120,925 £1,092 20
2010£105,872 £1,049 27
2009£104,083 £1,088 30
2008£124,659 £1,294 28
2007£121,862 £1,479 77
2006£115,124 £1,257 66
2005£104,188 £1,316 69
2004£96,767 £1,138 68
2003£66,648 £762 82
2002£56,488 £646 78
2001£46,260 £491 82
2000£41,544 £486 62
1999£40,502 £456 46
1998£38,224 £458 47
1997£40,203 £511 47
1996£39,058 £489 62
1995£37,673 £492 54
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,0001
2023£305,000 £2,521 1
2022£293,833 £2,672 6
2021£301,955 £2,208 11
2020£235,990 £2,318 5
2019£253,000 £1,721 2
2018£259,417 £2,258 6
2017£185,000 £1,754 3
2016£226,530 £2,183 10
2015£230,775 £2,199 39
2014£206,520 £1,815 5
2013£217,759 £1,899 19
2012£218,203 £1,954 23
2011£147,750 £1,777 2
2010£131,500 £1,494 2
2009£174,999 £1,804 1
2008£225,000 £2,402 3
2007£264,511 £2,078 9
2006£225,492 £2,027 6
2005£231,800 £1,697 5
2004£198,589 £1,945 9
2003£139,100 £862 5
2002£144,044 £912 9
2001£144,2502
2000£107,582 £963 41
1999£100,986 £702 7
1998£91,390 £926 5
1997£101,450 £639 6
1996£108,600 £638 5
1995£67,900 £515 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,818 £2,160 11
2023£220,500 £2,297 14
2022£150,350 £1,716 10
2021£220,204 £2,076 23
2020£181,977 £1,766 14
2019£180,541 £1,647 11
2018£160,462 £1,755 26
2017£138,441 £1,568 16
2016£170,169 £1,694 21
2015£145,824 £1,437 21
2014£143,455 £1,737 15
2013£151,992 £1,548 12
2012£159,902 £1,600 25
2011£134,410 £1,430 10
2010£155,017 £1,450 12
2009£136,363 £1,300 15
2008£141,212 £1,644 8
2007£165,196 £1,939 17
2006£161,827 £1,580 15
2005£137,350 £1,335 20
2004£131,807 £1,358 21
2003£122,675 £965 12
2002£86,388 £836 20
2001£58,872 £672 19
2000£73,121 £641 12
1999£62,743 £763 15
1998£53,986 £638 14
1997£60,500 £618 16
1996£48,539 £559 18
1995£40,625 £718 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£88,472 £1,352 12
2023£84,362 £1,201 44
2022£77,885 £1,167 43
2021£69,762 £1,029 51
2020£66,662 £912 33
2019£70,994 £1,006 27
2018£68,351 £918 50
2017£65,141 £940 48
2016£68,021 £902 58
2015£63,945 £916 65
2014£64,686 £948 38
2013£65,507 £863 35
2012£62,735 £892 27
2011£59,423 £901 26
2010£72,112 £1,035 41
2009£71,907 £1,032 27
2008£78,923 £1,098 83
2007£85,810 £1,341 142
2006£76,616 £1,176 152
2005£75,892 £1,083 125
2004£67,976 £1,041 118
2003£45,064 £649 176
2002£31,045 £429 130
2001£25,150 £382 86
2000£23,962 £337 81
1999£21,444 £319 62
1998£21,991 £321 68
1997£21,370 £324 59
1996£22,723 £335 60
1995£23,373 £334 44
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£136,0001
2023£104,015 £978 24
2022£94,906 £1,273 16
2021£95,375 £1,230 16
2020£66,622 £1,563 9
2019£97,506 £810 12
2018£96,781 £807 18
2017£90,414 £756 18
2016£67,000 £885 7
2013£199,950 £2,127 1

House Type in NE28 7NJ area

The most common house types in the NE28 7NJ postcode area are Semi-detached (98), Detached (24), and Terraced (8).

Total135
Semi-detached98
Detached24
Terraced8
Shared house4
Flat1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (59), and Owned: Owns with a mortgage or loan (54).

Owned: Owns outright59
Owned: Owns with a mortgage or loan54
Social rented: Rents from council or Local Authority10
Private rented: Private landlord or letting agency8
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE28 7NJ have 2 people in household (48), and 1 person in household (43).

2 people in household48
1 person in household43
3 people in household20
4 people in household20
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0