Housing Market Analysis for BUCHANAN STREET, NE31 1NB

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

Overview of Sold House prices

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

Terraced
- The average price is around £63,372 median price is £66,750 Standard Deviation is £28,748 with Total Sold: 34
- The Last 5 Year average price is £98,900 with Total Sold: 5
- The most recent sale happened at this postcode is 19 BUCHANAN STREET: £75,500 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 15 BUCHANAN STREET: £27,000 (Sold on 19 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 1NB 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£72,750	£786	2
2022	£127,000	£1,323	1
2021	£117,000	£1,258	1
2020	£105,000	£1,193	1
2018	£67,000	£761	1
2017	£92,500	£1,029	2
2016	£57,250	£638	2
2012	£81,500	£876	1
2007	£93,000	£802	2
2006	£84,190	£946	5
2004	£68,525		2
2002	£40,333	£365	3
2001	£31,500		1
2000	£34,083	£237	3
1999	£34,725	£331	2
1996	£28,000	£269	2
1995	£29,317	£270	3

All the Sales in the BUCHANAN STREET, NE31 1NB

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

Address	Sold Date	Price	% Change
19 BUCHANAN STREETTerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	06 Oct 2023	£75,500	First Sale
14 BUCHANAN STREETTerraced, FreeholdArea: 89 Sq.mtrAge: 1900-1929	14 Apr 2023	£70,000	-20.45%
	18 Aug 2006	£88,000	First Sale
26 BUCHANAN STREETTerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	30 Jun 2022	£127,000	257.75%
	23 Jul 1999	£35,500	First Sale
30 BUCHANAN STREETTerraced, FreeholdArea: 93 Sq.mtrAge: 1900-1929	18 Jun 2021	£117,000	43.56%
	20 Sep 2012	£81,500	-4.12%
	30 Mar 2007	£85,000	117.95%
	16 Aug 2002	£39,000	First Sale
6 BUCHANAN STREETTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	06 Nov 2020	£105,000	10.53%
	18 Aug 2017	£95,000	53.23%
	31 Mar 2016	£62,000	First Sale
4 BUCHANAN STREETTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	02 Jul 2018	£67,000	First Sale
29 BUCHANAN STREETTerraced, FreeholdArea: 92 Sq.mtrAge: before 1900	31 Jul 2017	£90,000	71.43%
	08 Sep 2016	£52,500	First Sale
20 BUCHANAN STREETTerraced, Freehold	07 Dec 2007	£101,000	180.56%
20 BUCHANAN STREETTerraced, Freehold	19 May 2000	£36,000	First Sale
7 BUCHANAN STREETTerraced, Freehold	07 Dec 2006	£82,950	First Sale
24 BUCHANAN STREETTerraced, FreeholdArea: 93 Sq.mtrAge: 1900-1929	02 Oct 2006	£80,500	First Sale
25 BUCHANAN STREETTerraced, Freehold	09 Jun 2006	£81,000	21.80%
	19 Mar 2004	£66,500	66.25%
	13 Aug 2002	£40,000	First Sale
27 BUCHANAN STREETTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	17 Feb 2006	£88,500	First Sale
21 BUCHANAN STREETTerraced, Freehold	27 Aug 2004	£70,550	123.97%
21 BUCHANAN STREETTerraced, Freehold	21 Jun 2001	£31,500	First Sale
23 BUCHANAN STREETTerraced, FreeholdArea: 116 Sq.mtrAge: 1900-1929	07 Oct 2002	£42,000	23.71%
	31 Mar 1999	£33,950	6.09%
	15 Sep 1995	£32,000	First Sale
15 BUCHANAN STREETTerraced, FreeholdArea: 116 Sq.mtrAge: 1900-1929	01 Sep 2000	£27,500	10.00%
	19 Sep 1996	£25,000	-7.41%
	19 May 1995	£27,000	First Sale
17 BUCHANAN STREETTerraced, Freehold	18 Feb 2000	£38,750	First Sale
18 BUCHANAN STREETTerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	23 Aug 1996	£31,000	7.08%
	28 Jul 1995	£28,950	First Sale

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

BUCHANAN STREET, NE31 1NB Near By properties

Interactive Map

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

Terraced
- The average price is around £97,858 median price is £94,475 Standard Deviation is £49,985 with Total Sold: 912
- The Last 5 Year average price is £136,116 with Total Sold: 157
- 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)
Detached
- The average price is around £185,672 median price is £198,750 Standard Deviation is £70,921 with Total Sold: 430
- The Last 5 Year average price is £255,628 with Total Sold: 70
- The most recent sale happened at this postcode is , 22 DOUGLASS CLOSE: £220,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 40 NORTH DRIVE: £75,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £128,714 median price is £135,000 Standard Deviation is £57,753 with Total Sold: 447
- The Last 5 Year average price is £177,634 with Total Sold: 85
- 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 , 165 VICTORIA ROAD WEST: £55,000 (Sold on 09 Mar 1995)
Flat
- The average price is around £67,902 median price is £72,000 Standard Deviation is £30,720 with Total Sold: 558
- The Last 5 Year average price is £75,293 with Total Sold: 89
- 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 £226,844 median price is £69,750 Standard Deviation is £808,079 with Total Sold: 38
- The Last 5 Year average price is £290,510 with Total Sold: 26
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£169,114	£1,661	11
2023	£144,888	£1,673	17
2022	£143,956	£1,568	35
2021	£133,881	£1,494	39
2020	£114,221	£1,375	28
2019	£132,919	£1,298	27
2018	£122,229	£1,474	36
2017	£126,577	£1,493	61
2016	£116,178	£1,242	38
2015	£117,472	£1,265	35
2014	£108,944	£1,165	24
2013	£109,790	£1,233	25
2012	£111,726	£1,293	23
2011	£91,594	£1,013	8
2010	£124,043	£1,431	21
2009	£96,708	£856	12
2008	£112,600	£1,304	29
2007	£131,771	£1,414	55
2006	£122,054	£1,463	54
2005	£95,756	£1,100	26
2004	£87,366	£1,031	40
2003	£68,089	£766	39
2002	£45,124	£460	43
2001	£43,629	£516	27
2000	£38,580	£408	24
1999	£38,163	£443	35
1998	£38,406	£426	26
1997	£38,567	£513	29
1996	£36,352	£355	25
1995	£32,617	£355	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£258,600	£4,569	5
2023	£281,714	£2,573	7
2022	£288,923	£2,676	13
2021	£256,923	£2,238	13
2020	£228,464	£2,184	14
2019	£240,803	£2,108	18
2018	£220,290	£2,119	10
2017	£201,287	£2,000	21
2016	£193,068	£1,946	24
2015	£208,047	£1,901	32
2014	£193,929	£2,068	35
2013	£196,600	£1,841	24
2012	£196,446	£1,993	12
2011	£184,300	£1,923	14
2010	£230,728	£1,809	9
2009	£214,040	£2,100	8
2008	£234,906	£2,083	7
2007	£241,719	£2,178	13
2006	£223,015	£1,853	25
2005	£192,188	£1,611	8
2004	£207,673	£1,804	11
2003	£189,045	£1,323	10
2002	£82,825	£1,133	6
2001	£85,500	£925	8
2000	£93,720	£1,030	37
1999	£79,657	£770	7
1998	£63,375		4
1997	£69,411	£743	14
1996	£70,629	£695	12
1995	£70,917	£775	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,350	£1,868	7
2023	£205,400	£2,173	10
2022	£190,891	£2,193	27
2021	£166,201	£1,864	18
2020	£151,988	£1,698	12
2019	£152,086	£1,827	11
2018	£154,414	£1,761	21
2017	£140,982	£1,700	27
2016	£144,022	£1,681	30
2015	£171,180	£1,447	5
2014	£146,325	£1,596	10
2013	£126,116	£1,552	14
2012	£129,350	£2,040	7
2011	£148,430	£1,805	15
2010	£163,750	£1,463	4
2009	£133,390	£1,627	5
2008	£164,550	£1,688	8
2007	£170,095	£1,835	28
2006	£152,173	£1,827	13
2005	£166,117	£1,828	12
2004	£150,314	£1,465	21
2003	£106,929	£1,095	7
2002	£97,150	£1,194	12
2001	£76,683	£1,142	12
2000	£67,304	£875	30
1999	£56,904	£544	14
1998	£58,667	£627	23
1997	£56,691	£679	10
1996	£49,044	£589	18
1995	£54,456	£504	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£72,812	£1,454	4
2023	£83,673	£1,334	17
2022	£73,260	£1,186	23
2021	£70,923	£1,171	13
2020	£69,791	£1,087	12
2019	£77,145	£1,263	20
2018	£78,789	£1,253	23
2017	£65,460	£1,055	19
2016	£78,301	£1,282	18
2015	£76,254	£1,242	13
2014	£73,245	£1,222	20
2013	£70,899	£1,151	30
2012	£75,562	£1,176	8
2011	£70,409	£1,186	11
2010	£88,272	£1,373	9
2009	£71,262	£1,105	4
2008	£90,602	£1,402	19
2007	£104,706	£1,771	67
2006	£91,904	£1,498	36
2005	£79,708	£1,113	27
2004	£64,771	£909	19
2003	£40,612	£599	29
2002	£26,738	£397	21
2001	£25,404	£393	22
2000	£28,127	£346	16
1999	£24,411	£358	14
1998	£32,242	£412	12
1997	£24,027	£346	11
1996	£23,904	£363	12
1995	£25,044	£336	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£79,667	£980	3
2023	£59,000	£837	3
2022	£84,083	£1,657	6
2021	£208,980	£191	5
2020	£95,000		1
2019	£686,607	£862	8
2018	£48,500	£703	2
2017	£113,833	£1,716	6
2016	£26,500	£814	2
2015	£45,000		1
2014	£188,800		1

House Type in NE31 1NB area

The most common house types in the NE31 1NB postcode area are Terraced (96), Semi-detached (15), and Flat (4).

Total	118
Terraced	96
Semi-detached	15
Flat	4
Detached	1
Shared house	1
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (51), and Owned: Owns outright (45).

Owned: Owns with a mortgage or loan	51
Owned: Owns outright	45
Private rented: Private landlord or letting agency	16
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	2
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE31 1NB have 2 people in household (53), and 1 person in household (32).

2 people in household	53
1 person in household	32
3 people in household	16
4 people in household	10
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0