Housing Market Analysis for VICTORIA ROAD WEST, NE31 1LR

Are you looking to understand NE31 1LR 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 1LR area, explore the NE31 1LR Area information page.
For comprehensive crime statistics in the NE31 1LR area, explore the NE31 1LR Crime Rates page.

Overview of Sold House prices

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

  • Other
    • The average price is around £422,500 median price is £422,500 Standard Deviation is £277,500 with Total Sold: 2
    • The Last 5 Year average price is £422,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 88 VICTORIA ROAD WEST: £145,000 (Sold on 25 Nov 2021)
    • The first recorded sale happened at this postcode is 84 VICTORIA ROAD WEST: £700,000 (Sold on 26 May 2021)
  • Semi-Detached
    • The average price is around £123,000 median price is £116,000 Standard Deviation is £68,389 with Total Sold: 4
    • The most recent sale happened at this postcode is 82 VICTORIA ROAD WEST: £220,000 (Sold on 25 Jun 2004)
    • The first recorded sale happened at this postcode is 82 VICTORIA ROAD WEST: £40,000 (Sold on 14 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 1LR 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£422,5002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£220,0001
2003£150,0001
1997£61,0002

All the Sales in the VICTORIA ROAD WEST, NE31 1LR

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

AddressSold DatePrice% Change
88 VICTORIA ROAD WESTOther, Freehold25 Nov 2021£145,000First Sale
84 VICTORIA ROAD WESTOther, Freehold26 May 2021£700,000366.67%
12 Sep 2003£150,000First Sale
82 VICTORIA ROAD WESTSemi-Detached, Freehold25 Jun 2004£220,000168.29%
19 Sep 1997£82,000105.00%
14 Jan 1997£40,000First Sale

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

VICTORIA ROAD WEST, NE31 1LR Near By properties

Interactive Map

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

  • Detached
    • The average price is around £208,391 median price is £208,950 Standard Deviation is £72,855 with Total Sold: 445
    • The Last 5 Year average price is £271,584 with Total Sold: 125
    • The most recent sale happened at this postcode is , 16 SWIFT GROVE: £265,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 NORTH DRIVE: £75,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £94,941 median price is £90,000 Standard Deviation is £49,449 with Total Sold: 866
    • The Last 5 Year average price is £134,938 with Total Sold: 152
    • The most recent sale happened at this postcode is , 36 CANNING STREET: £250,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 86 TENNANT STREET: £31,440 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £125,528 median price is £130,000 Standard Deviation is £57,682 with Total Sold: 559
    • The Last 5 Year average price is £169,551 with Total Sold: 140
    • The most recent sale happened at this postcode is , 17 ST JOHNS AVENUE: £330,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 80 JOHNSTON AVENUE: £39,000 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £63,116 median price is £68,000 Standard Deviation is £28,780 with Total Sold: 515
    • The Last 5 Year average price is £74,031 with Total Sold: 83
    • The most recent sale happened at this postcode is , 1 MAY CLOSE: £87,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 25 VICTORIA ROAD WEST: £20,500 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £451,918 median price is £72,000 Standard Deviation is £1,503,923 with Total Sold: 39
    • The Last 5 Year average price is £302,022 with Total Sold: 25
    • The most recent sale happened at this postcode is , 1 ST JOHNS AVENUE: £115,000 (Sold on 17 Jun 2024)
    • The first recorded sale happened at this postcode is , 28 VICTORIA ROAD WEST: £188,800 (Sold on 17 Apr 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£297,167 £2,823 6
2023£286,500 £2,571 8
2022£281,273 £2,703 11
2021£289,913 £2,382 30
2020£260,213 £2,345 39
2019£255,911 £2,230 31
2018£243,260 £2,235 31
2017£197,254 £2,004 20
2016£190,392 £1,903 22
2015£207,712 £1,923 33
2014£196,422 £2,053 32
2013£197,245 £1,838 22
2012£190,862 £1,954 12
2011£185,938 £1,927 13
2010£230,728 £1,809 9
2009£229,165 £2,002 8
2008£242,7833
2007£244,946 £2,249 12
2006£224,258 £1,790 19
2005£189,214 £1,375 7
2004£201,668 £1,706 11
2003£154,056 £1,814 9
2002£80,917 £1,071 6
2001£86,500 £865 5
2000£74,489 £883 10
1999£74,162 £750 4
1998£57,8333
1997£67,774 £827 11
1996£70,868 £652 11
1995£71,179 £714 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£161,182 £1,661 11
2023£142,900 £1,687 15
2022£142,741 £1,522 33
2021£133,838 £1,565 45
2020£113,277 £1,353 26
2019£132,536 £1,231 22
2018£124,134 £1,535 38
2017£125,765 £1,480 61
2016£114,253 £1,180 33
2015£116,297 £1,249 32
2014£108,593 £1,143 23
2013£107,750 £1,194 25
2012£108,923 £1,293 21
2011£86,107 £913 7
2010£122,629 £1,447 19
2009£93,550 £856 10
2008£104,759 £1,146 19
2007£123,166 £1,328 46
2006£112,210 £1,369 46
2005£95,586 £1,106 25
2004£87,366 £1,031 40
2003£68,511 £766 40
2002£44,780 £463 44
2001£43,629 £516 27
2000£37,637 £408 25
1999£38,163 £443 35
1998£38,898 £437 24
1997£38,567 £513 29
1996£36,352 £355 25
1995£32,617 £355 20
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,497 £2,062 15
2023£166,250 £1,835 12
2022£186,871 £2,100 31
2021£169,447 £1,888 26
2020£167,265 £1,795 30
2019£141,656 £1,727 26
2018£149,542 £1,719 26
2017£137,125 £1,661 28
2016£139,574 £1,602 36
2015£145,112 £1,285 8
2014£153,932 £1,542 11
2013£124,431 £1,440 16
2012£113,382 £1,634 14
2011£145,122 £1,701 18
2010£120,727 £1,302 13
2009£121,064 £1,453 7
2008£166,209 £1,349 8
2007£159,533 £1,797 25
2006£132,100 £1,511 14
2005£143,185 £1,499 13
2004£139,229 £1,404 25
2003£101,188 £994 13
2002£82,317 £938 15
2001£69,126 £809 17
2000£60,699 £753 22
1999£54,921 £548 17
1998£55,223 £601 24
1997£49,378 £516 11
1996£46,681 £544 21
1995£50,962 £475 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£72,812 £1,454 4
2023£83,419 £1,342 13
2022£71,388 £1,150 18
2021£69,346 £1,132 13
2020£68,033 £1,084 15
2019£78,095 £1,284 20
2018£78,708 £1,236 20
2017£62,839 £999 14
2016£75,146 £1,231 20
2015£73,450 £1,204 14
2014£73,645 £1,228 20
2013£69,749 £1,120 26
2012£75,562 £1,176 8
2011£68,227 £1,157 11
2010£88,272 £1,373 9
2009£70,010 £1,113 5
2008£84,769 £1,367 16
2007£95,249 £1,604 42
2006£84,359 £1,343 29
2005£78,191 £1,080 27
2004£64,207 £909 20
2003£40,410 £598 31
2002£26,738 £397 21
2001£25,315 £393 23
2000£28,127 £346 16
1999£24,411 £358 14
1998£31,146 £412 13
1997£23,775 £347 12
1996£23,904 £363 12
1995£25,044 £336 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£79,667 £980 3
2023£59,000 £837 3
2022£84,083 £1,657 6
2021£208,980 £191 5
2020£95,0001
2019£784,307 £1,026 7
2018£48,500 £703 2
2017£1,211,308 £19,071 8
2016£26,500 £814 2
2015£45,0001
2014£188,8001

House Type in NE31 1LR area

The most common house types in the NE31 1LR postcode area are Semi-detached (92), Terraced (15), and Detached (10).

Total120
Semi-detached92
Terraced15
Detached10
Flat1
Shared house1
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (72), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright72
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency8
Private rented: Other private rented5
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE31 1LR have 2 people in household (61), and 1 person in household (30).

2 people in household61
1 person in household30
4 people in household15
3 people in household10
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0