Housing Market Analysis for REDE AVENUE, NE31 1QT

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

Overview of Sold House prices

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

Terraced
- The average price is around £74,714 median price is £79,950 Standard Deviation is £28,402 with Total Sold: 31
- The Last 5 Year average price is £110,300 with Total Sold: 5
- The most recent sale happened at this postcode is 16 REDE AVENUE: £115,000 (Sold on 20 Apr 2023)
- The first recorded sale happened at this postcode is 15 REDE AVENUE: £30,000 (Sold on 21 Dec 1995)
Semi-Detached
- The average price is around £87,750 median price is £87,750 Standard Deviation is £9,250 with Total Sold: 2
- The most recent sale happened at this postcode is 23 REDE AVENUE: £97,000 (Sold on 25 Jul 2008)
- The first recorded sale happened at this postcode is 23 REDE AVENUE: £78,500 (Sold on 03 May 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 1QT 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	£115,000	£1,198	1
2022	£116,333	£1,206	3
2020	£87,500	£921	1
2017	£99,950	£1,029	1
2016	£84,000	£894	1
2015	£86,074	£924	2
2014	£64,000	£759	2
2013	£75,000	£786	1
2012	£96,500	£1,015	1
2011	£60,000	£618	1
2008	£86,000	£1,043	2
2007	£100,000		1
2005	£93,250	£937	2
2004	£79,975	£909	2
2003	£63,338	£693	4
2002	£25,000	£284	1
2001	£38,625	£447	2
1999	£22,500	£121	2
1995	£30,000	£315	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£97,000	£980	1
2006	£78,500	£793	1

All the Sales in the REDE AVENUE, NE31 1QT

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

Address	Sold Date	Price	% Change
16 REDE AVENUETerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	20 Apr 2023	£115,000	First Sale
13 REDE AVENUETerraced, FreeholdArea: 97.1 Sq.mtrAge: 1900-1929	25 Nov 2022	£130,000	30.07%
	20 Jun 2017	£99,950	66.58%
	09 Sep 2011	£60,000	First Sale
12 REDE AVENUETerraced, FreeholdArea: 93 Sq.mtrAge: 1900-1929	15 Jul 2022	£105,000	First Sale
23 REDE AVENUETerraced, FreeholdArea: 99 Sq.mtrAge: 1900-1929	29 Apr 2022	£114,000	33.88%
	27 Nov 2015	£85,148	-12.22%
	25 Jul 2008	£97,000	23.57%
	03 May 2006	£78,500	First Sale
3 REDE AVENUETerraced, FreeholdArea: 95 Sq.mtrAge: 1900-1929	28 Jul 2020	£87,500	First Sale
20 REDE AVENUETerraced, FreeholdArea: 94 Sq.mtrAge: 1930-1949	09 Sep 2016	£84,000	64.71%
	12 Sep 2014	£51,000	First Sale
4 REDE AVENUETerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	11 Sep 2015	£87,000	8.75%
	24 Nov 2004	£80,000	220.00%
	23 Aug 2002	£25,000	First Sale
1 REDE AVENUETerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	15 Sep 2014	£77,000	-20.62%
	29 Feb 2008	£97,000	First Sale
15 REDE AVENUETerraced, FreeholdArea: 95.36 Sq.mtrAge: 1900-1929	09 Aug 2013	£75,000	21.07%
	30 May 2003	£61,950	106.50%
	21 Dec 1995	£30,000	First Sale
9 REDE AVENUETerraced, FreeholdArea: 95.1 Sq.mtrAge: 1900-1929	30 Mar 2012	£96,500	First Sale
25 REDE AVENUETerraced, Freehold	18 Jun 2008	£75,000	First Sale
18 REDE AVENUETerraced, Freehold	26 Nov 2007	£100,000	187.77%
18 REDE AVENUETerraced, Freehold	29 Jun 2001	£34,750	First Sale
11 REDE AVENUETerraced, Freehold	09 Sep 2005	£97,500	39.39%
11 REDE AVENUETerraced, Freehold	25 Apr 2003	£69,950	First Sale
7 REDE AVENUETerraced, FreeholdArea: 95 Sq.mtrAge: 1930-1949	29 Jul 2005	£89,000	27.23%
	12 Dec 2003	£69,950	64.59%
	31 Aug 2001	£42,500	269.57%
	24 Aug 1999	£11,500	First Sale
14 REDE AVENUETerraced, Freehold	21 Jun 2004	£79,950	First Sale
8 REDE AVENUETerraced, Freehold	09 May 2003	£51,500	53.73%
8 REDE AVENUETerraced, Freehold	23 Aug 1999	£33,500	First Sale

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

REDE AVENUE, NE31 1QT Near By properties

Interactive Map

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

Terraced
- The average price is around £94,942 median price is £91,000 Standard Deviation is £47,516 with Total Sold: 1,257
- The Last 5 Year average price is £127,440 with Total Sold: 214
- 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 £186,764 median price is £196,475 Standard Deviation is £66,533 with Total Sold: 414
- The Last 5 Year average price is £248,431 with Total Sold: 69
- 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 , 70 MARINA VIEW: £68,000 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £115,831 median price is £111,000 Standard Deviation is £56,223 with Total Sold: 446
- The Last 5 Year average price is £149,592 with Total Sold: 76
- 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 , 16 MAKENDON STREET: £46,750 (Sold on 05 Jan 1995)
Flat
- The average price is around £65,900 median price is £68,100 Standard Deviation is £30,070 with Total Sold: 773
- The Last 5 Year average price is £72,352 with Total Sold: 108
- The most recent sale happened at this postcode is , 15 TIDESPRING ROW: £99,950 (Sold on 08 Jul 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 £216,489 median price is £64,250 Standard Deviation is £771,693 with Total Sold: 42
- The Last 5 Year average price is £264,153 with Total Sold: 29
- 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	£153,308	£1,661	13
2023	£144,256	£1,696	25
2022	£129,841	£1,427	41
2021	£131,896	£1,516	53
2020	£110,298	£1,515	40
2019	£117,784	£1,312	42
2018	£115,605	£1,369	40
2017	£120,059	£1,431	72
2016	£107,837	£1,215	43
2015	£103,650	£1,169	40
2014	£102,124	£1,161	33
2013	£99,961	£1,208	27
2012	£111,434	£1,450	35
2011	£114,101	£1,268	17
2010	£133,401	£1,463	42
2009	£122,637	£1,668	44
2008	£122,079	£1,556	46
2007	£127,105	£1,397	70
2006	£118,180	£1,498	66
2005	£96,606	£1,177	41
2004	£83,235	£1,056	49
2003	£66,203	£762	54
2002	£46,844	£509	55
2001	£42,378	£562	37
2000	£41,218	£492	35
1999	£38,167	£486	47
1998	£38,691	£447	29
1997	£37,861	£516	35
1996	£40,017	£483	41
1995	£38,106	£504	45

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£261,857	£4,569	7
2023	£263,600	£2,883	5
2022	£288,333	£2,707	15
2021	£242,967	£2,267	15
2020	£213,047	£2,037	16
2019	£237,500	£1,951	11
2018	£218,595	£2,012	12
2017	£196,652	£2,003	20
2016	£197,540	£2,056	16
2015	£198,019	£1,756	18
2014	£185,538	£1,985	20
2013	£182,096	£1,760	14
2012	£194,246	£2,028	20
2011	£192,843	£1,885	17
2010	£201,599	£1,795	24
2009	£193,981	£1,862	15
2008	£214,771	£2,275	15
2007	£226,751	£2,088	22
2006	£226,527	£1,896	27
2005	£192,875	£1,720	8
2004	£193,705	£1,821	11
2003	£178,738	£1,503	8
2002	£98,158	£1,088	12
2001	£95,914	£972	7
2000	£79,989	£719	10
1999	£81,840	£779	10
1998	£76,719	£868	8
1997	£70,827	£720	13
1996	£72,208	£666	12
1995	£71,250	£866	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£193,000	£2,114	5
2023	£174,050	£1,956	10
2022	£166,852	£2,044	23
2021	£123,618	£1,584	17
2020	£128,322	£1,391	9
2019	£130,792	£1,638	12
2018	£167,199	£1,891	10
2017	£129,008	£1,536	31
2016	£140,573	£1,774	20
2015	£116,707	£1,221	7
2014	£95,075	£1,304	6
2013	£118,519	£1,462	12
2012	£113,888	£1,762	15
2011	£138,636	£1,637	18
2010	£126,333	£1,313	9
2009	£121,662	£1,321	16
2008	£144,653	£1,558	13
2007	£146,214	£1,638	37
2006	£129,544	£1,557	17
2005	£126,993	£1,599	15
2004	£138,635	£1,502	22
2003	£87,127	£960	11
2002	£73,441	£1,073	11
2001	£58,621	£543	14
2000	£56,166	£635	16
1999	£56,931	£508	8
1998	£59,885	£481	13
1997	£65,250	£867	9
1996	£47,825	£719	22
1995	£50,314	£631	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£73,533	£1,454	6
2023	£81,138	£1,317	21
2022	£76,758	£1,312	31
2021	£68,997	£1,178	18
2020	£62,416	£1,013	18
2019	£66,000	£1,021	14
2018	£72,985	£1,774	24
2017	£64,225	£1,036	20
2016	£69,037	£1,120	19
2015	£69,444	£1,143	27
2014	£67,038	£1,098	20
2013	£69,929	£1,145	35
2012	£73,590	£1,218	11
2011	£71,865	£1,263	18
2010	£83,330	£4,778	14
2009	£72,400	£5,225	12
2008	£101,450	£1,601	35
2007	£105,057	£1,758	84
2006	£87,285	£1,448	49
2005	£79,332	£1,174	38
2004	£63,498	£971	34
2003	£45,047	£735	45
2002	£30,719	£516	35
2001	£27,691	£450	28
2000	£28,815	£417	22
1999	£25,221	£391	19
1998	£31,021	£460	17
1997	£23,562	£354	13
1996	£28,608	£502	24
1995	£29,080	£512	22

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	£175,195	£126	6
2020	£50,574		2
2019	£620,845	£750	9
2018	£48,500	£703	2
2017	£98,052	£1,985	6
2016	£26,500	£814	2
2015	£252,500		2
2014	£188,800		1

House Type in NE31 1QT area

The most common house types in the NE31 1QT postcode area are Terraced (67), Flat (42), and Shared house (16).

Total	136
Terraced	67
Flat	42
Shared house	16
Semi-detached	9
converted building	1
commercial building	1
Detached	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 (44), and Private rented: Private landlord or letting agency (44).

Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	44
Owned: Owns outright	37
Private rented: Other private rented	6
Social rented: Rents from council or Local Authority	3
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE31 1QT have 2 people in household (53), and 1 person in household (49).

2 people in household	53
1 person in household	49
3 people in household	20
4 people in household	12
5 people in household	3
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0