Housing Market Analysis for SOMERSET GROVE, NE29 8PN

Are you looking to understand NE29 8PN 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 NE29 8PN area, explore the NE29 8PN Area information page.
For comprehensive crime statistics in the NE29 8PN area, explore the NE29 8PN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE29 8PN postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £96,592 median price is £97,500 Standard Deviation is £42,022 with Total Sold: 12
    • The Last 5 Year average price is £153,875 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 SOMERSET GROVE: £170,250 (Sold on 01 Dec 2023)
    • The first recorded sale happened at this postcode is 15 SOMERSET GROVE: £29,500 (Sold on 18 Nov 1999)
  • Semi-Detached
    • The average price is around £68,500 median price is £68,500 Standard Deviation is £36,500 with Total Sold: 2
    • The Last 5 Year average price is £105,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 SOMERSET GROVE: £105,000 (Sold on 09 Aug 2019)
    • The first recorded sale happened at this postcode is 2 SOMERSET GROVE: £32,000 (Sold on 09 Jan 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE29 8PN 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£170,250 £2,211 1
2021£137,500 £1,786 1
2015£135,000 £1,298 1
2014£119,975 £1,448 2
2013£80,000 £898 1
2006£125,0001
2003£72,4752
2002£54,950 £617 1
2001£42,0001
1999£29,500 £331 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£105,000 £1,382 1
1998£32,000 £421 1

All the Sales in the SOMERSET GROVE, NE29 8PN

See the table below for more details on the sold house prices in the NE29 8PN, North Tyneside postcode.

AddressSold DatePrice% Change
3 SOMERSET GROVETerraced, FreeholdArea: 77 Sq.mtrAge: 1950-196601 Dec 2023£170,25023.82%
08 Dec 2021£137,50019.57%
31 Oct 2014£115,000First Sale
2 SOMERSET GROVESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-196609 Aug 2019£105,000228.12%
09 Jan 1998£32,000First Sale
11 SOMERSET GROVETerraced, FreeholdArea: 104 Sq.mtrAge: 1950-196626 Jun 2015£135,000First Sale
15 SOMERSET GROVETerraced, FreeholdArea: 89.05 Sq.mtrAge: 1950-196621 Feb 2014£124,95056.19%
12 Jun 2013£80,00045.59%
17 Jan 2002£54,95086.27%
18 Nov 1999£29,500First Sale
8 SOMERSET GROVETerraced, Freehold16 Jun 2006£125,00066.78%
06 Jun 2003£74,950First Sale
5 SOMERSET GROVETerraced, Freehold04 Aug 2003£70,00066.67%
14 Dec 2001£42,000First Sale

Check out the sold house prices near the NE29 8PN postcode. Properties currently for saleProperties currently for rent

SOMERSET GROVE, NE29 8PN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE29 8PN 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 NE29 8PN postcode.

  • Detached
    • The average price is around £195,565 median price is £195,000 Standard Deviation is £99,485 with Total Sold: 436
    • The Last 5 Year average price is £337,923 with Total Sold: 50
    • The most recent sale happened at this postcode is , 177 ABBOTS WAY: £375,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 10 JEDBURGH CLOSE: £130,000 (Sold on 05 Jan 1995)
  • Flat
    • The average price is around £67,216 median price is £63,500 Standard Deviation is £31,960 with Total Sold: 87
    • The Last 5 Year average price is £82,227 with Total Sold: 24
    • The most recent sale happened at this postcode is , 31 BARNSTAPLE ROAD: £95,500 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 TINTERN CRESCENT: £15,000 (Sold on 20 Oct 2000)
  • Semi-Detached
    • The average price is around £112,982 median price is £110,000 Standard Deviation is £55,893 with Total Sold: 519
    • The Last 5 Year average price is £164,970 with Total Sold: 102
    • The most recent sale happened at this postcode is , 4 TIVERTON AVENUE: £156,500 (Sold on 13 Aug 2024)
    • The first recorded sale happened at this postcode is , 19 TIVERTON AVENUE: £17,000 (Sold on 13 Mar 1995)
  • Terraced
    • The average price is around £110,729 median price is £106,000 Standard Deviation is £59,871 with Total Sold: 331
    • The Last 5 Year average price is £159,183 with Total Sold: 78
    • The most recent sale happened at this postcode is , 154 FALMOUTH ROAD: £150,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 27 EMBLETON ROAD: £52,000 (Sold on 11 Apr 1995)
  • Other
    • The average price is around £314,334 median price is £246,250 Standard Deviation is £277,947 with Total Sold: 10
    • The Last 5 Year average price is £451,200 with Total Sold: 5
    • The most recent sale happened at this postcode is , 30 NETHERTON AVENUE: £850,000 (Sold on 10 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 EMBLETON ROAD: £1,050 (Sold on 13 Jun 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£362,500 £3,017 2
2023£368,496 £3,407 12
2022£341,000 £3,571 6
2021£329,905 £2,719 11
2020£302,656 £2,720 8
2019£332,091 £2,481 11
2018£295,045 £2,431 11
2017£276,643 £2,362 14
2016£302,257 £2,527 15
2015£254,929 £2,492 7
2014£247,178 £2,156 14
2013£239,300 £1,957 15
2012£253,790 £1,979 5
2011£254,915 £2,318 13
2010£272,700 £2,117 10
2009£152,0002
2008£280,625 £2,163 4
2007£247,357 £2,163 14
2006£255,958 £2,526 12
2005£244,298 £2,125 15
2004£227,515 £1,958 26
2003£205,397 £2,092 15
2002£147,931 £1,589 8
2001£118,714 £1,054 29
2000£107,491 £961 16
1999£95,971 £914 19
1998£108,800 £849 14
1997£99,524 £789 37
1996£92,779 £787 24
1995£92,555 £758 47
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£88,4833
2023£74,187 £1,093 4
2022£80,375 £1,369 2
2021£73,000 £1,301 4
2020£99,357 £1,278 7
2019£65,750 £1,073 4
2018£62,500 £863 4
2017£76,750 £1,464 2
2016£63,000 £1,187 4
2015£63,167 £1,063 3
2014£72,032 £1,050 5
2013£58,667 £962 3
2012£62,475 £773 2
2011£94,800 £1,250 2
2010£57,000 £950 1
2009£54,000 £735 2
2008£70,575 £1,176 6
2007£73,844 £1,114 9
2006£63,000 £841 2
2005£62,934 £863 4
2004£49,419 £927 8
2003£35,167 £706 3
2002£22,000 £379 1
2001£10,000 £141 1
2000£15,000 £259 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£157,611 £2,238 9
2023£185,583 £2,107 21
2022£170,519 £2,022 22
2021£164,642 £1,992 18
2020£149,603 £1,833 17
2019£150,200 £1,893 15
2018£145,317 £1,740 23
2017£134,238 £1,672 25
2016£137,217 £1,668 21
2015£139,675 £1,748 18
2014£129,311 £1,479 19
2013£123,704 £1,328 12
2012£131,475 £1,566 14
2011£113,612 £1,428 12
2010£116,608 £1,461 12
2009£102,359 £1,211 11
2008£109,778 £1,348 9
2007£148,500 £1,789 24
2006£118,083 £1,525 23
2005£108,843 £1,153 14
2004£112,526 £1,305 18
2003£82,347 £1,006 18
2002£54,253 £559 15
2001£59,696 £580 27
2000£53,105 £682 19
1999£60,762 £656 16
1998£42,553 £461 17
1997£56,453 £587 19
1996£54,582 £752 19
1995£42,229 £580 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,333 £2,453 6
2023£185,523 £2,100 11
2022£189,254 £1,785 13
2021£147,189 £1,551 18
2020£142,588 £1,752 16
2019£142,318 £1,520 14
2018£146,181 £1,581 16
2017£123,790 £1,294 5
2016£108,389 £1,247 9
2015£121,036 £1,255 14
2014£117,230 £1,424 15
2013£110,478 £1,136 7
2012£81,900 £1,005 10
2011£106,303 £1,169 13
2010£114,650 £1,348 13
2009£122,125 £1,211 8
2008£119,994 £1,266 8
2007£134,635 £1,287 13
2006£118,637 £1,129 13
2005£103,604 £890 12
2004£118,854 £1,161 13
2003£82,972 £794 13
2002£55,974 £610 17
2001£48,812 £498 8
2000£30,529 £376 7
1999£47,672 £453 11
1998£48,675 £543 8
1997£36,438 £408 8
1996£37,510 £456 5
1995£48,429 £492 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£850,0001
2022£242,500 £4,272 1
2021£387,833 £5,250 3
2018£221,571 £1,851 4
2016£1,0501

House Type in NE29 8PN area

The most common house types in the NE29 8PN postcode area are Terraced (63), Semi-detached (46), and Flat (15).

Total124
Terraced63
Semi-detached46
Flat15
Detached0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (45), and Social rented: Rents from council or Local Authority (32).

Owned: Owns with a mortgage or loan45
Social rented: Rents from council or Local Authority32
Owned: Owns outright28
Private rented: Private landlord or letting agency12
Social rented: Other social rented3
Private rented: Other private rented3
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE29 8PN have 1 person in household (38), and 2 people in household (35).

1 person in household38
2 people in household35
3 people in household23
4 people in household20
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0