Housing Market Analysis for VICTORIA ROAD WEST, NE31 1UB

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

Overview of Sold House prices

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

  • Other
    • The average price is around £205,400 median price is £165,000 Standard Deviation is £127,932 with Total Sold: 5
    • The most recent sale happened at this postcode is UNIT 2, VICTORIA INDUSTRIAL ESTATE VICTORIA ROAD WEST: £440,000 (Sold on 29 Mar 2019)
    • The first recorded sale happened at this postcode is UNIT 2, VICTORIA INDUSTRIAL ESTATE VICTORIA ROAD WEST: £205,000 (Sold on 24 Nov 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 1UB 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
2019£246,0002
2017£165,0001
2016£185,0002

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

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

AddressSold DatePrice% Change
UNIT 2, VICTORIA INDUSTRIAL ESTATE VICTORIA ROAD WESTOther, Freehold29 Mar 2019£440,000746.15%
29 Mar 2019£52,000-74.63%
24 Nov 2016£205,000First Sale
UNIT 1, VICTORIA INDUSTRIAL ESTATE VICTORIA ROAD WESTOther, Freehold04 Jun 2017£165,0000.0
24 Nov 2016£165,000First Sale

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

VICTORIA ROAD WEST, NE31 1UB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £126,869 median price is £128,500 Standard Deviation is £56,408 with Total Sold: 692
    • The Last 5 Year average price is £183,440 with Total Sold: 162
    • The most recent sale happened at this postcode is , 27 MILL CRESCENT: £260,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 31 HARTLEYBURN AVENUE: £47,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £658,781 median price is £165,000 Standard Deviation is £1,919,909 with Total Sold: 17
    • The Last 5 Year average price is £133,346 with Total Sold: 4
    • The most recent sale happened at this postcode is , 3 HARTLEYBURN AVENUE: £180,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is UNIT 2, VICTORIA INDUSTRIAL ESTATE VICTORIA ROAD WEST: £205,000 (Sold on 24 Nov 2016)
  • Detached
    • The average price is around £256,024 median price is £249,995 Standard Deviation is £59,216 with Total Sold: 303
    • The Last 5 Year average price is £284,932 with Total Sold: 148
    • The most recent sale happened at this postcode is , 37 NIGHTINGALE AVENUE: £290,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 1A CRAWLEY AVENUE: £85,000 (Sold on 31 Mar 1995)
  • Terraced
    • The average price is around £130,270 median price is £144,950 Standard Deviation is £52,883 with Total Sold: 154
    • The Last 5 Year average price is £166,371 with Total Sold: 28
    • The most recent sale happened at this postcode is , 11 ST JOSEPHS COURT: £195,000 (Sold on 09 Jul 2024)
    • The first recorded sale happened at this postcode is , 50 MARIAN DRIVE: £64,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £42,783 median price is £36,000 Standard Deviation is £19,366 with Total Sold: 15
    • The Last 5 Year average price is £62,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 12 BURN TERRACE: £65,000 (Sold on 11 Dec 2023)
    • The first recorded sale happened at this postcode is LAND ASSOCIATED WITH, 7 LAND ASSOCIATED WITH: £25,000 (Sold on 13 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£188,02015
2023£193,557 £2,036 28
2022£182,739 £2,212 37
2021£185,723 £2,106 47
2020£171,059 £1,905 35
2019£160,317 £1,922 39
2018£139,860 £1,757 30
2017£155,062 £1,839 30
2016£140,954 £1,698 34
2015£126,975 £1,512 22
2014£132,453 £1,658 19
2013£110,997 £1,301 16
2012£118,834 £1,422 16
2011£120,207 £1,610 14
2010£119,498 £1,384 20
2009£122,512 £1,340 13
2008£135,176 £1,599 13
2007£167,697 £1,750 17
2006£126,358 £1,325 19
2005£132,350 £1,439 14
2004£124,778 £1,412 30
2003£103,453 £1,267 18
2002£72,250 £870 18
2001£62,752 £648 22
2000£61,754 £609 23
1999£50,198 £571 23
1998£51,769 £576 31
1997£46,164 £524 14
1996£44,560 £548 21
1995£44,302 £412 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2022£350,0001
2021£6001
2020£2,7841
2019£194,071 £2,773 5
2017£1,554,256 £29,344 6
2016£185,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£330,889 £2,823 9
2023£282,929 £2,326 14
2022£290,208 £2,420 24
2021£288,838 £2,406 67
2020£262,169 £2,401 34
2019£269,321 £2,347 34
2018£247,565 £2,235 37
2017£236,023 £2,199 36
2016£208,186 £2,203 21
2015£197,000 £2,592 1
2014£140,000 £1,359 1
2013£166,998 £1,824 2
2012£175,000 £2,303 1
2011£202,000 £2,064 1
2007£210,000 £1,842 1
2006£227,2252
2005£216,500 £1,334 2
2004£171,988 £1,334 4
2003£152,333 £1,692 3
2002£141,500 £1,065 2
2000£82,950 £572 1
1999£90,0001
1998£104,250 £601 2
1997£90,0002
1995£85,000 £787 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,0002
2023£173,250 £1,904 6
2022£176,750 £1,967 4
2021£156,279 £2,261 12
2020£154,138 £2,125 4
2019£156,793 £1,838 14
2018£159,206 £1,931 9
2017£149,792 £1,638 6
2016£169,900 £1,610 6
2015£158,250 £1,805 4
2014£120,667 £1,437 3
2013£166,167 £1,651 3
2012£181,500 £1,788 2
2011£142,625 £1,630 4
2010£174,000 £1,936 3
2009£129,833 £1,637 6
2008£119,125 £1,679 4
2007£56,516 £965 4
2006£152,200 £1,676 10
2005£128,250 £1,687 6
2004£106,600 £1,739 4
2003£107,427 £1,190 9
2002£82,0002
2001£76,667 £827 3
2000£67,983 £793 3
1999£56,375 £661 4
1998£47,188 £653 4
1997£56,357 £539 7
1996£68,5002
1995£49,500 £476 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£65,000 £2,012 1
2022£60,000 £1,875 1
2019£53,667 £1,108 3
2017£35,750 £1,153 1
2016£31,500 £1,260 1
2014£36,000 £1,125 1
2013£41,500 £1,340 1
2005£57,000 £1,900 1
2004£63,5001
2001£24,5001
1999£20,0001
1998£21,000 £700 1
1995£25,0001

House Type in NE31 1UB area

The most common house types in the NE31 1UB postcode area are Detached (116), Semi-detached (61), and Terraced (14).

Total191
Detached116
Semi-detached61
Terraced14
Flat0
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 (160), and Owned: Owns outright (14).

Owned: Owns with a mortgage or loan160
Owned: Owns outright14
Social rented: Other social rented11
Shared ownership: Shared ownership4
Social rented: Rents from council or Local Authority1
Private rented: Private landlord or letting agency1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE31 1UB have 2 people in household (74), and 4 people in household (41).

2 people in household74
4 people in household41
3 people in household39
1 person in household24
5 people in household14
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0