Housing Market Analysis for RAE AVENUE, NE28 9JP

Are you looking to understand NE28 9JP 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 9JP area, explore the NE28 9JP Area information page.
For comprehensive crime statistics in the NE28 9JP area, explore the NE28 9JP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE28 9JP postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £61,161 median price is £53,950 Standard Deviation is £42,956 with Total Sold: 77
- The Last 5 Year average price is £126,200 with Total Sold: 5
- The most recent sale happened at this postcode is 24 RAE AVENUE: £150,000 (Sold on 25 Aug 2022)
- The first recorded sale happened at this postcode is 37 RAE AVENUE: £34,600 (Sold on 24 Mar 1995)
Terraced
- The average price is around £54,111 median price is £48,250 Standard Deviation is £44,761 with Total Sold: 22
- The Last 5 Year average price is £121,333 with Total Sold: 3
- The most recent sale happened at this postcode is 44 RAE AVENUE: £136,000 (Sold on 15 Oct 2021)
- The first recorded sale happened at this postcode is 10 RAE AVENUE: £53,000 (Sold on 21 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE28 9JP 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£137,500	£1,919	2
2020	£130,000	£1,548	1
2019	£113,000	£1,600	2
2018	£75,375	£1,262	2
2017	£109,167	£1,413	3
2016	£89,500	£1,566	2
2015	£109,867	£1,439	3
2014	£111,650	£1,631	3
2013	£92,500	£1,365	2
2012	£85,000	£1,062	1
2011	£95,167	£1,894	3
2010	£144,950	£1,513	1
2009	£90,975	£1,858	2
2008	£87,500	£1,629	2
2007	£118,000	£1,697	1
2006	£113,000	£1,738	1
2005	£114,950	£1,742	1
2004	£98,500	£1,390	2
2003	£61,750	£1,230	2
2002	£49,280	£870	5
2001	£13,236	£181	21
2000	£44,612	£959	4
1999	£32,438	£311	4
1998	£38,000	£546	1
1997	£35,167	£482	3
1996	£100	£2	1
1995	£28,300	£494	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£136,000	£1,943	1
2020	£114,000	£1,615	2
2011	£115,000	£3,196	1
2009	£82,000	£2,279	1
2008	£135,000	£1,901	1
2005	£77,750	£968	2
2001	£16,845	£302	10
2000	£58,000	£817	1
1998	£43,500	£551	1
1996	£34,500	£203	2

All the Sales in the RAE AVENUE, NE28 9JP

See the table below for more details on the sold house prices in the NE28 9JP, North Tyneside postcode.

Address	Sold Date	Price	% Change
24 RAE AVENUESemi-Detached, FreeholdArea: 68.37 Sq.mtrAge: 1930-1949	25 Aug 2022	£150,000	552.17%
	14 Aug 1997	£23,000	First Sale
7 RAE AVENUESemi-Detached, LeaseholdArea: 76 Sq.mtrAge: 1930-1949	22 Apr 2022	£125,000	First Sale
44 RAE AVENUETerraced, LeaseholdArea: 70 Sq.mtrAge: 1950-1966	15 Oct 2021	£136,000	46.24%
	03 Dec 2020	£93,000	644.00%
	15 Jun 2001	£12,500	First Sale
13 RAE AVENUESemi-Detached, LeaseholdArea: 84 Sq.mtrAge: 1930-1949	06 Nov 2020	£130,000	22.07%
	17 Feb 2017	£106,500	First Sale
11 RAE AVENUETerraced, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	09 Jan 2020	£135,000	0.0
	26 Sep 2008	£135,000	132.76%
	22 Sep 2000	£58,000	First Sale
46 RAE AVENUESemi-Detached, LeaseholdArea: 65 Sq.mtrAge: 1930-1949	15 Oct 2019	£118,000	4.42%
	28 Jul 2006	£113,000	804.00%
	15 Jun 2001	£12,500	First Sale
51 RAE AVENUESemi-Detached, LeaseholdArea: 78 Sq.mtrAge: 1950-1966	15 Mar 2019	£108,000	4.85%
	19 Dec 2014	£103,000	58.46%
	15 Aug 2003	£65,000	420.00%
	15 Jun 2001	£12,500	First Sale
22 RAE AVENUESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1950-1966	20 Dec 2018	£80,750	First Sale
49 RAE AVENUESemi-Detached, LeaseholdArea: 68 Sq.mtrAge: 1930-1949	20 Mar 2018	£70,000	460.00%
	15 Jun 2001	£12,500	First Sale
37 RAE AVENUESemi-Detached, FreeholdArea: 85.8 Sq.mtrAge: 1930-1949	03 Jul 2017	£108,000	33.33%
	06 May 2011	£81,000	128.17%
	22 Aug 1997	£35,500	2.60%
	24 Mar 1995	£34,600	First Sale
20 RAE AVENUESemi-Detached, LeaseholdArea: 66 Sq.mtrAge: 1930-1949	08 Feb 2017	£113,000	5.61%
	14 Feb 2014	£107,000	-6.92%
	11 Nov 2005	£114,950	98.19%
	13 Sep 2002	£58,000	364.00%
	15 Jun 2001	£12,500	First Sale
29 RAE AVENUESemi-Detached, LeaseholdArea: 58 Sq.mtrAge: 1930-1949	31 Mar 2016	£105,000	17.32%
	27 Jul 2011	£89,501	79.18%
	24 May 2002	£49,950	299.60%
	15 Jun 2001	£12,500	First Sale
35 RAE AVENUESemi-Detached, LeaseholdArea: 56 Sq.mtrAge: 1930-1949	22 Jan 2016	£74,000	492.00%
	15 Jun 2001	£12,500	First Sale
25 RAE AVENUESemi-Detached, LeaseholdArea: 67 Sq.mtrAge: 1950-1966	27 Nov 2015	£95,000	First Sale
28 RAE AVENUESemi-Detached, LeaseholdArea: 70 Sq.mtrAge: 1930-1949	30 Oct 2015	£105,000	-7.89%
	23 May 2008	£114,000	812.00%
	15 Jun 2001	£12,500	-42.53%
	28 May 1999	£21,750	First Sale
21 RAE AVENUESemi-Detached, LeaseholdArea: 92.56 Sq.mtrAge: 1930-1949	24 Jul 2015	£129,600	131.64%
	09 Nov 2001	£55,950	First Sale
27 RAE AVENUESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1950-1966	21 Mar 2014	£124,950	92.23%
	25 Feb 2013	£65,000	First Sale
38 RAE AVENUESemi-Detached, LeaseholdArea: 70 Sq.mtrAge: 1930-1949	12 Aug 2013	£120,000	860.00%
	15 Jun 2001	£12,500	First Sale
47 RAE AVENUESemi-Detached, LeaseholdArea: 80 Sq.mtrAge: 1930-1949	14 Dec 2012	£85,000	580.00%
	15 Jun 2001	£12,500	First Sale
26 RAE AVENUETerraced, LeaseholdArea: 35.98 Sq.mtrAge: 1930-1949	12 May 2011	£115,000	0.0
	12 May 2011	£115,000	40.24%
	11 Feb 2009	£82,000	0.0
	11 Feb 2009	£82,000	40.17%
	17 Jan 2003	£58,500	69.57%
	05 May 2000	£34,500	0.0
	05 May 2000	£34,500	First Sale
1 RAE AVENUESemi-Detached, LeaseholdArea: 95.82 Sq.mtrAge: 1930-1949	10 Sep 2010	£144,950	First Sale
40 RAE AVENUESemi-Detached, LeaseholdArea: 69.54 Sq.mtrAge: 1930-1949	18 Sep 2009	£99,950	-15.30%
	15 Jun 2007	£118,000	844.00%
	15 Jun 2001	£12,500	-67.11%
	31 Jul 1998	£38,000	First Sale
3 RAE AVENUESemi-Detached, Leasehold	29 Oct 2008	£61,000	First Sale
33 RAE AVENUETerraced, LeaseholdArea: 79 Sq.mtrAge: 1950-1966	10 Nov 2005	£76,500	512.00%
	15 Jun 2001	£12,500	-71.26%
	30 Oct 1998	£43,500	171.88%
	31 Jul 1996	£16,000	First Sale
9 RAE AVENUETerraced, Freehold	05 Oct 2005	£79,000	First Sale
23 RAE AVENUESemi-Detached, LeaseholdArea: 77 Sq.mtrAge: 1930-1949	28 Jun 2004	£107,000	127.66%
	26 Sep 1997	£47,000	First Sale
14 RAE AVENUESemi-Detached, Leasehold	11 Jun 2004	£90,000	93.55%
	27 Mar 2002	£46,500	272.00%
	15 Jun 2001	£12,500	First Sale
39 RAE AVENUESemi-Detached, Leasehold	26 Jul 2002	£42,000	236.00%
39 RAE AVENUESemi-Detached, Leasehold	15 Jun 2001	£12,500	First Sale
32 RAE AVENUESemi-Detached, Leasehold	25 Jan 2002	£49,950	299.60%
32 RAE AVENUESemi-Detached, Leasehold	15 Jun 2001	£12,500	First Sale
34 RAE AVENUESemi-Detached, Freehold	14 Dec 2001	£27,950	First Sale
12 RAE AVENUETerraced, Freehold	15 Jun 2001	£12,500	-77.48%
12 RAE AVENUETerraced, Freehold	30 Jun 2000	£55,500	First Sale
18 RAE AVENUESemi-Detached, Freehold	15 Jun 2001	£12,500	-68.35%
18 RAE AVENUESemi-Detached, Freehold	12 Feb 1999	£39,500	First Sale
41 RAE AVENUETerraced, Freehold	15 Jun 2001	£12,500	First Sale
4 RAE AVENUESemi-Detached, Freehold	15 Jun 2001	£12,500	First Sale
36 RAE AVENUESemi-Detached, Freehold	15 Jun 2001	£12,500	First Sale
45 RAE AVENUESemi-Detached, Freehold	15 Jun 2001	£12,500	-67.53%
45 RAE AVENUESemi-Detached, Freehold	07 May 1999	£38,500	First Sale
6 RAE AVENUESemi-Detached, Freehold	15 Jun 2001	£12,500	First Sale
8 RAE AVENUESemi-Detached, Freehold	15 Jun 2001	£12,500	First Sale
43 RAE AVENUESemi-Detached, Freehold	15 Jun 2001	£12,500	First Sale
42 RAE AVENUESemi-Detached, Freehold	15 Jun 2001	£12,500	-58.33%
	10 Dec 1999	£30,000	36.36%
	14 Nov 1995	£22,000	First Sale
30 RAE AVENUESemi-Detached, Freehold	15 Jun 2001	£12,500	First Sale
10 RAE AVENUETerraced, Freehold	15 Jun 2001	£12,500	-76.42%
10 RAE AVENUETerraced, Freehold	21 Jun 1996	£53,000	First Sale
31 RAE AVENUESemi-Detached, Freehold	15 Jun 2001	£12,500	First Sale
48 RAE AVENUESemi-Detached, Freehold	15 Jun 2001	£12,500	First Sale
2 RAE AVENUESemi-Detached, Freehold	11 Aug 2000	£53,950	First Sale
16 RAE AVENUESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1930-1949	03 Dec 1996	£100	First Sale

Check out the sold house prices near the NE28 9JP postcode. Properties currently for saleProperties currently for rent

RAE AVENUE, NE28 9JP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE28 9JP 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 9JP postcode.

Semi-Detached
- The average price is around £96,540 median price is £99,000 Standard Deviation is £47,499 with Total Sold: 947
- The Last 5 Year average price is £144,133 with Total Sold: 171
- The most recent sale happened at this postcode is , 24 MULLEN GARDENS: £158,000 (Sold on 10 Sep 2024)
- The first recorded sale happened at this postcode is , 62 LAUDERDALE AVENUE: £23,500 (Sold on 12 Jan 1995)
Other
- The average price is around £66,868 median price is £80,876 Standard Deviation is £56,348 with Total Sold: 40
- The Last 5 Year average price is £103,066 with Total Sold: 9
- The most recent sale happened at this postcode is , 9 BERRY CLOSE: £14,120 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 17 BOURTREE CLOSE: £8,385 (Sold on 23 Aug 2016)
Terraced
- The average price is around £97,473 median price is £98,000 Standard Deviation is £46,232 with Total Sold: 640
- The Last 5 Year average price is £147,862 with Total Sold: 92
- The most recent sale happened at this postcode is , 44 MULLEN ROAD: £139,950 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 31 BELPER CLOSE: £33,000 (Sold on 13 Jan 1995)
Flat
- The average price is around £68,175 median price is £70,000 Standard Deviation is £36,907 with Total Sold: 291
- The Last 5 Year average price is £77,477 with Total Sold: 28
- The most recent sale happened at this postcode is , 37 ASHFIELD MEWS: £92,500 (Sold on 23 May 2024)
- The first recorded sale happened at this postcode is , 116 PROSPECT AVENUE NORTH: £25,000 (Sold on 31 Jan 1995)
Detached
- The average price is around £186,184 median price is £197,475 Standard Deviation is £63,394 with Total Sold: 218
- The Last 5 Year average price is £245,251 with Total Sold: 29
- The most recent sale happened at this postcode is , 62 THE RISINGS: £320,000 (Sold on 20 Nov 2023)
- The first recorded sale happened at this postcode is , 27 DINSDALE AVENUE: £30,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£161,653	£2,334	16
2023	£154,857	£2,290	27
2022	£155,313	£2,044	23
2021	£150,273	£1,947	41
2020	£128,012	£1,674	30
2019	£126,631	£1,787	34
2018	£117,106	£1,775	23
2017	£145,632	£1,852	35
2016	£127,985	£1,822	37
2015	£108,562	£1,496	37
2014	£119,097	£1,635	40
2013	£105,068	£1,422	31
2012	£101,709	£1,324	23
2011	£107,996	£1,493	23
2010	£108,103	£1,473	19
2009	£98,767	£1,490	12
2008	£116,789	£1,747	18
2007	£119,540	£1,751	36
2006	£108,590	£1,630	43
2005	£113,029	£1,590	28
2004	£100,715	£1,349	42
2003	£77,094	£1,170	46
2002	£62,184	£875	38
2001	£39,484	£635	60
2000	£45,068	£637	34
1999	£44,718	£541	38
1998	£38,362	£530	21
1997	£38,270	£565	30
1996	£36,353	£524	35
1995	£34,982	£456	27

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£14,120		1
2023	£99,798	£2,955	2
2022	£201,500	£2,360	2
2021	£6,380		1
2020	£127,500	£1,747	1
2019	£88,500	£2,073	2
2018	£61,575	£656	28
2017	£7,315		2
2016	£8,385		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£171,715	£1,723	10
2023	£163,208	£1,971	13
2022	£153,746	£1,862	17
2021	£139,269	£1,885	21
2020	£141,060	£1,814	15
2019	£131,888	£1,650	16
2018	£132,644	£1,704	18
2017	£126,141	£1,554	27
2016	£106,786	£1,649	7
2015	£96,024	£1,303	33
2014	£117,628	£1,401	25
2013	£110,158	£1,495	19
2012	£115,425	£1,450	14
2011	£104,217	£1,440	17
2010	£111,646	£1,463	13
2009	£99,062	£1,379	16
2008	£121,295	£1,438	20
2007	£144,094	£1,625	41
2006	£115,676	£1,487	31
2005	£110,033	£1,152	18
2004	£101,662	£1,240	24
2003	£88,761	£1,063	14
2002	£65,916	£810	35
2001	£43,191	£504	35
2000	£49,390	£527	25
1999	£48,454	£574	24
1998	£44,106	£531	25
1997	£41,142	£440	19
1996	£39,677	£446	32
1995	£41,181	£474	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£84,167	£1,358	3
2023	£77,790	£1,413	5
2022	£81,390	£1,412	5
2021	£74,700	£1,056	5
2020	£76,990	£1,312	5
2019	£72,500	£1,240	5
2018	£75,889	£1,336	9
2017	£75,871	£1,282	12
2016	£139,983	£1,425	3
2015	£70,000	£1,361	4
2014	£74,280	£1,168	5
2013	£88,475	£1,274	8
2012	£83,408	£1,069	6
2011	£75,190	£1,144	5
2010	£59,500	£1,069	5
2009	£70,700	£1,092	5
2008	£122,225	£1,938	15
2007	£108,066	£2,017	43
2006	£87,311	£1,556	11
2005	£80,833	£1,353	9
2004	£75,599	£1,385	5
2003	£60,380	£1,040	25
2002	£36,394	£638	13
2001	£33,814	£574	7
2000	£28,322	£465	16
1999	£26,162	£457	12
1998	£30,575	£466	12
1997	£27,486	£421	11
1996	£25,845	£417	10
1995	£25,788	£410	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£239,362	£2,824	4
2022	£253,672	£2,763	11
2021	£253,500	£2,457	7
2020	£226,862	£2,409	4
2019	£227,500	£1,870	3
2018	£215,500	£2,022	6
2017	£214,946	£2,276	22
2016	£226,412	£2,214	21
2015	£227,845	£2,208	38
2014	£182,217	£2,425	6
2013	£166,400	£1,670	5
2012	£151,800	£1,814	5
2011	£168,000	£2,240	1
2010	£162,750	£1,636	4
2009	£174,999	£1,804	1
2007	£221,667	£1,853	3
2006	£209,992	£2,119	6
2005	£148,300	£1,425	5
2004	£188,000	£1,811	6
2003	£132,333	£870	3
2002	£159,590	£1,420	5
2001	£144,250		2
2000	£106,945	£994	39
1999	£116,480	£840	5
1997	£65,667	£771	3
1995	£44,900		3

House Type in NE28 9JP area

The most common house types in the NE28 9JP postcode area are Semi-detached (95), Terraced (31), and Detached (2).

Total	129
Semi-detached	95
Terraced	31
Detached	2
Flat	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright	62
Owned: Owns with a mortgage or loan	40
Social rented: Rents from council or Local Authority	13
Private rented: Private landlord or letting agency	8
Private rented: Other private rented	3
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE28 9JP have 2 people in household (55), and 1 person in household (44).

2 people in household	55
1 person in household	44
3 people in household	17
4 people in household	11
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0