Housing Market Analysis for SPENCER STREET, NE31 1JW

Are you looking to understand NE31 1JW 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 South Tyneside postcode.

For the location information and nearby amenities in the NE31 1JW area, explore the NE31 1JW Area information page.
For comprehensive crime statistics in the NE31 1JW area, explore the NE31 1JW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE31 1JW postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £68,995 median price is £71,000 Standard Deviation is £14,389 with Total Sold: 10
    • The Last 5 Year average price is £85,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 10 SPENCER STREET: £80,000 (Sold on 23 Jul 2021)
    • The first recorded sale happened at this postcode is 24 SPENCER STREET: £43,000 (Sold on 07 Aug 2002)
  • Flat
    • The average price is around £58,000 median price is £58,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 14 SPENCER STREET: £58,000 (Sold on 05 Dec 2013)
    • The first recorded sale happened at this postcode is 14 SPENCER STREET: £58,000 (Sold on 05 Dec 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 1JW 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£85,000 £910 2
2018£66,000 £713 1
2016£79,000 £859 1
2015£72,000 £758 1
2010£80,000 £864 1
2007£70,000 £930 1
2004£54,975 £598 2
2002£43,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£58,000 £770 1

All the Sales in the SPENCER STREET, NE31 1JW

See the table below for more details on the sold house prices in the NE31 1JW, South Tyneside postcode.

AddressSold DatePrice% Change
10 SPENCER STREETTerraced, FreeholdArea: 95 Sq.mtrAge: 1950-196623 Jul 2021£80,00011.11%
07 Aug 2015£72,000First Sale
13 SPENCER STREETTerraced, FreeholdArea: 92 Sq.mtrAge: 1967-197521 Jun 2021£90,00013.92%
16 Sep 2016£79,000First Sale
16 SPENCER STREETTerraced, FreeholdArea: 92.546 Sq.mtrAge: 1950-196601 Feb 2018£66,000-17.50%
25 Jun 2010£80,000First Sale
14 SPENCER STREETFlat, LeaseholdArea: 75.3 Sq.mtrAge: 1976-198205 Dec 2013£58,000-17.14%
04 May 2007£70,00055.56%
19 Mar 2004£45,000First Sale
24 SPENCER STREETTerraced, Freehold06 Feb 2004£64,95051.05%
07 Aug 2002£43,000First Sale

Check out the sold house prices near the NE31 1JW postcode. Properties currently for saleProperties currently for rent

SPENCER STREET, NE31 1JW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE31 1JW 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 NE31 1JW postcode.

  • Semi-Detached
    • The average price is around £98,960 median price is £100,000 Standard Deviation is £41,272 with Total Sold: 421
    • The Last 5 Year average price is £121,416 with Total Sold: 89
    • The most recent sale happened at this postcode is , 22 WILKINSON GARDENS: £235,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 16 MAKENDON STREET: £46,750 (Sold on 05 Jan 1995)
  • Detached
    • The average price is around £166,535 median price is £170,000 Standard Deviation is £55,788 with Total Sold: 178
    • The Last 5 Year average price is £221,095 with Total Sold: 24
    • The most recent sale happened at this postcode is , 107 THE CORNFIELDS: £285,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 16 THE CORNFIELDS: £65,500 (Sold on 20 Feb 1995)
  • Terraced
    • The average price is around £83,029 median price is £82,500 Standard Deviation is £39,585 with Total Sold: 560
    • The Last 5 Year average price is £113,029 with Total Sold: 110
    • The most recent sale happened at this postcode is , 72 GLADSTONE STREET: £125,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 MAKENDON STREET: £45,950 (Sold on 28 Feb 1995)
  • Flat
    • The average price is around £60,889 median price is £62,100 Standard Deviation is £29,007 with Total Sold: 395
    • The Last 5 Year average price is £72,643 with Total Sold: 61
    • The most recent sale happened at this postcode is , 34 GLADSTONE STREET: £54,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 43 FROBISHER STREET: £16,500 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £1,462,868 median price is £78,000 Standard Deviation is £2,687,550 with Total Sold: 27
    • The Last 5 Year average price is £1,950,070 with Total Sold: 20
    • The most recent sale happened at this postcode is , 13 GLADSTONE STREET: £22,500 (Sold on 15 Feb 2024)
    • The first recorded sale happened at this postcode is , 5 BONNAR COURT: £59,400 (Sold on 27 Mar 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£172,5002
2023£124,996 £1,713 14
2022£135,816 £1,861 19
2021£119,792 £1,520 23
2020£105,281 £1,409 16
2019£112,723 £1,572 15
2018£123,500 £1,454 12
2017£111,954 £1,271 25
2016£113,515 £1,463 13
2015£120,607 £1,767 22
2014£112,054 £1,638 35
2013£105,295 £1,409 18
2012£116,818 £1,475 12
2011£108,635 £1,239 11
2010£65,000 £967 5
2009£99,333 £1,173 9
2008£103,693 £1,135 8
2007£113,973 £1,359 28
2006£105,257 £1,375 21
2005£102,845 £1,489 10
2004£124,562 £1,500 8
2003£64,162 £758 17
2002£54,585 £813 10
2001£45,473 £536 11
2000£31,356 £464 8
1999£48,817 £527 3
1998£38,812 £513 8
1997£37,104 £373 7
1996£49,116 £716 16
1995£44,450 £593 15
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,0002
2023£234,317 £2,490 3
2022£228,894 £2,421 4
2021£208,583 £2,190 6
2020£194,000 £1,738 5
2019£229,062 £2,244 4
2018£177,549 £2,062 5
2017£150,300 £1,985 3
2016£199,333 £2,023 6
2015£168,752 £1,818 11
2014£152,335 £1,803 17
2013£145,606 £1,730 11
2012£190,196 £2,104 8
2011£189,998 £1,708 7
2010£192,069 £1,776 14
2009£180,912 £1,892 4
2008£193,611 £2,164 11
2007£206,426 £2,034 12
2006£213,475 £2,090 4
2005£205,000 £1,926 3
2004£159,300 £1,670 3
2003£131,725 £1,416 4
2002£81,980 £783 5
2001£87,280 £936 5
2000£84,750 £489 4
1999£83,000 £760 3
1998£71,100 £909 5
1997£68,812 £660 4
1996£72,000 £626 3
1995£64,425 £785 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,167 £1,216 6
2023£123,426 £1,497 17
2022£114,783 £1,437 23
2021£122,037 £1,521 27
2020£106,700 £1,384 20
2019£97,938 £1,363 17
2018£91,967 £1,176 18
2017£96,363 £1,204 15
2016£88,622 £1,137 19
2015£111,632 £1,554 15
2014£101,063 £1,364 18
2013£85,662 £1,232 12
2012£106,303 £1,569 14
2011£107,783 £1,239 14
2010£116,333 £1,374 15
2009£125,072 £1,774 11
2008£114,818 £1,356 14
2007£90,407 £1,333 23
2006£99,380 £1,270 30
2005£105,893 £1,437 15
2004£78,791 £1,167 22
2003£63,583 £758 35
2002£43,746 £544 23
2001£40,474 £583 21
2000£45,061 £637 16
1999£36,771 £555 19
1998£37,318 £420 14
1997£35,046 £531 12
1996£40,982 £566 22
1995£39,486 £574 33
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£68,500 £794 6
2023£70,150 £1,235 17
2022£84,400 £1,432 15
2021£64,647 £1,069 15
2020£52,665 £1,030 3
2019£86,790 £1,439 5
2018£61,128 £990 9
2017£68,000 £1,096 6
2016£52,600 £941 10
2015£65,100 £1,114 15
2014£59,462 £979 8
2013£61,435 £1,129 7
2012£66,499 £1,075 6
2011£76,499 £1,521 4
2010£77,725 £1,175 2
2009£72,958 £1,392 6
2008£99,576 £1,663 12
2007£90,284 £1,516 34
2006£90,231 £1,516 37
2005£75,720 £1,260 20
2004£63,550 £1,106 17
2003£47,939 £805 27
2002£32,003 £527 40
2001£32,175 £538 13
2000£31,567 £537 6
1999£28,494 £506 9
1998£26,275 £460 8
1997£21,390 £349 5
1996£32,350 £557 15
1995£28,686 £494 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£22,5001
2023£247,667 £1,418 3
2021£653,000 £1,339 4
2020£3,787,571 £106,097 7
2019£1,822,180 £531 5
2018£84,875 £514 4
2017£55,000 £1,323 1
2015£50,762 £990 2

House Type in NE31 1JW area

The most common house types in the NE31 1JW postcode area are Terraced (70), Semi-detached (52), and Flat (9).

Total142
Terraced70
Semi-detached52
Flat9
Detached7
Shared house4
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (62), and Owned: Owns outright (42).

Social rented: Rents from council or Local Authority62
Owned: Owns outright42
Owned: Owns with a mortgage or loan24
Private rented: Private landlord or letting agency8
Social rented: Other social rented3
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE31 1JW have 1 person in household (47), and 2 people in household (43).

1 person in household47
2 people in household43
4 people in household28
3 people in household18
5 people in household6
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0