Housing Market Analysis for ELM TERRACE, NE28 7NU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £309,500 median price is £317,500 Standard Deviation is £89,517 with Total Sold: 4
    • The Last 5 Year average price is £385,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 ELM TERRACE: £385,000 (Sold on 15 Sep 2023)
    • The first recorded sale happened at this postcode is 2 ELM TERRACE: £195,000 (Sold on 24 Oct 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE28 7NU 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
2023£385,000 £1,720 1
2011£408,000 £1,403 1
2006£250,000 £860 1
2005£195,000 £871 1

All the Sales in the ELM TERRACE, NE28 7NU

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

AddressSold DatePrice% Change
2 ELM TERRACETerraced, FreeholdArea: 223.86 Sq.mtrAge: before 190015 Sep 2023£385,00097.44%
24 Oct 2005£195,000First Sale
1 ELM TERRACETerraced, FreeholdArea: 290.76 Sq.mtrAge: before 190025 Nov 2011£408,00063.20%
10 Nov 2006£250,000First Sale

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

ELM TERRACE, NE28 7NU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £89,392 median price is £85,000 Standard Deviation is £50,979 with Total Sold: 1,445
    • The Last 5 Year average price is £142,375 with Total Sold: 222
    • 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 £134,658 median price is £130,000 Standard Deviation is £70,152 with Total Sold: 474
    • 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 £56,473 median price is £59,000 Standard Deviation is £28,857 with Total Sold: 2,047
    • The Last 5 Year average price is £74,819 with Total Sold: 215
    • 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 £93,632 median price is £73,000 Standard Deviation is £77,619 with Total Sold: 125
    • The Last 5 Year average price is £95,344 with Total Sold: 80
    • The most recent sale happened at this postcode is , 80 STATION ROAD: £101,000 (Sold on 23 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£161,821 £1,569 61
2022£144,197 £1,551 45
2021£135,794 £1,353 51
2020£114,333 £1,194 30
2019£131,472 £1,220 21
2018£121,581 £1,226 37
2017£116,085 £1,341 42
2016£104,470 £1,142 25
2015£96,563 £1,118 41
2014£111,312 £1,085 36
2013£107,066 £1,096 38
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£114,488 £1,262 70
2005£103,662 £1,315 71
2004£96,316 £1,139 70
2003£66,594 £759 86
2002£55,681 £638 83
2001£45,836 £490 85
2000£41,167 £479 64
1999£40,126 £450 48
1998£38,136 £458 48
1997£40,136 £511 48
1996£39,058 £489 62
1995£37,605 £488 55
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£84,274 £825 21
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£69,256 £1,034 54
2020£66,662 £912 33
2019£69,779 £997 29
2018£68,568 £919 52
2017£64,655 £935 50
2016£67,758 £903 59
2015£63,870 £917 66
2014£64,686 £948 38
2013£65,507 £863 35
2012£62,735 £892 27
2011£59,423 £901 26
2010£71,490 £1,033 43
2009£71,907 £1,032 27
2008£78,761 £1,102 85
2007£85,511 £1,336 145
2006£76,385 £1,175 155
2005£75,691 £1,085 128
2004£68,035 £1,043 119
2003£44,789 £647 179
2002£30,974 £430 131
2001£25,148 £383 87
2000£23,828 £335 82
1999£21,254 £321 64
1998£21,991 £321 68
1997£21,348 £324 60
1996£22,580 £332 61
1995£23,320 £335 45
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£118,500 £1,507 2
2023£104,015 £978 24
2022£94,906 £1,273 16
2021£95,375 £1,230 16
2020£67,960 £1,403 10
2019£97,506 £810 12
2018£93,687 £787 19
2017£90,414 £756 18
2016£67,000 £885 7
2013£199,950 £2,127 1

House Type in NE28 7NU area

The most common house types in the NE28 7NU 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 7NU 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