Housing Market Analysis for PENZANCE PARADE, NE31 2AP

Are you looking to understand NE31 2AP 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 2AP area, explore the NE31 2AP Area information page.
For comprehensive crime statistics in the NE31 2AP area, explore the NE31 2AP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE31 2AP postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £70,796 median price is £74,000 Standard Deviation is £20,362 with Total Sold: 12
    • The Last 5 Year average price is £87,138 with Total Sold: 4
    • The most recent sale happened at this postcode is 8 PENZANCE PARADE: £111,000 (Sold on 10 Jun 2022)
    • The first recorded sale happened at this postcode is 12 PENZANCE PARADE: £28,500 (Sold on 05 May 2000)
  • Semi-Detached
    • The average price is around £64,500 median price is £64,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 PENZANCE PARADE: £64,500 (Sold on 01 Apr 2005)
    • The first recorded sale happened at this postcode is 4 PENZANCE PARADE: £64,500 (Sold on 01 Apr 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 2AP 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
2022£111,000 £1,207 1
2021£85,550 £919 2
2019£66,450 £708 1
2018£75,500 £821 1
2010£65,000 £693 1
2006£74,000 £804 1
2005£77,0001
2004£69,000 £696 2
2003£43,000 £457 1
2000£28,500 £310 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£64,5001

All the Sales in the PENZANCE PARADE, NE31 2AP

See the table below for more details on the sold house prices in the NE31 2AP, South Tyneside postcode.

AddressSold DatePrice% Change
8 PENZANCE PARADETerraced, FreeholdArea: 92 Sq.mtrAge: 1950-196610 Jun 2022£111,00047.02%
05 Jan 2018£75,500First Sale
15 PENZANCE PARADETerraced, FreeholdArea: 94 Sq.mtrAge: 1967-197518 Oct 2021£95,100121.16%
30 Apr 2003£43,000First Sale
12 PENZANCE PARADETerraced, FreeholdArea: 92 Sq.mtrAge: 1950-196628 May 2021£76,0002.70%
15 Sep 2006£74,00015.62%
03 Sep 2004£64,000124.56%
05 May 2000£28,500First Sale
10 PENZANCE PARADETerraced, FreeholdArea: 93.8 Sq.mtrAge: 1967-197518 Oct 2019£66,4502.23%
15 Oct 2010£65,000First Sale
3 PENZANCE PARADETerraced, Freehold09 Sep 2005£77,0004.05%
30 Apr 2004£74,000First Sale
4 PENZANCE PARADESemi-Detached, Freehold01 Apr 2005£64,500First Sale

Check out the sold house prices near the NE31 2AP postcode. Properties currently for saleProperties currently for rent

PENZANCE PARADE, NE31 2AP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE31 2AP 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 2AP postcode.

  • Semi-Detached
    • The average price is around £121,402 median price is £119,225 Standard Deviation is £51,899 with Total Sold: 398
    • The Last 5 Year average price is £160,293 with Total Sold: 84
    • The most recent sale happened at this postcode is , 7A DURHAM DRIVE: £183,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 10 EXETER WAY: £58,000 (Sold on 28 Jun 1995)
  • Flat
    • The average price is around £59,091 median price is £60,050 Standard Deviation is £23,461 with Total Sold: 284
    • The Last 5 Year average price is £67,246 with Total Sold: 42
    • The most recent sale happened at this postcode is , 17 HEREFORD WAY: £50,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 CHICHESTER WAY: £27,000 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £85,550 median price is £5,650 Standard Deviation is £152,606 with Total Sold: 16
    • The Last 5 Year average price is £155,527 with Total Sold: 6
    • The most recent sale happened at this postcode is , 4 LUKES LANE: £267,500 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 CHESTER WAY: £3,195 (Sold on 22 Apr 2016)
  • Terraced
    • The average price is around £86,184 median price is £79,225 Standard Deviation is £42,306 with Total Sold: 402
    • The Last 5 Year average price is £107,268 with Total Sold: 88
    • The most recent sale happened at this postcode is , 18 GLOUCESTER WAY: £132,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 20 BANGOR SQUARE: £40,000 (Sold on 11 Aug 1995)
  • Detached
    • The average price is around £244,289 median price is £258,995 Standard Deviation is £63,773 with Total Sold: 294
    • The Last 5 Year average price is £270,406 with Total Sold: 89
    • The most recent sale happened at this postcode is , 1 BRUCE DRIVE: £340,050 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 WINCHESTER COURT: £69,000 (Sold on 24 Mar 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£177,100 £2,468 5
2023£170,471 £2,101 17
2022£193,786 £2,416 14
2021£155,000 £1,937 16
2020£135,545 £1,789 11
2019£142,719 £1,778 21
2018£160,272 £1,978 27
2017£151,185 £1,933 16
2016£156,811 £1,954 33
2015£124,145 £1,589 11
2014£126,525 £1,531 18
2013£135,900 £1,497 9
2012£88,864 £1,187 11
2011£106,125 £1,421 8
2010£94,000 £1,367 5
2009£129,750 £1,520 4
2008£123,411 £1,627 14
2007£122,127 £1,468 15
2006£135,176 £1,554 19
2005£120,607 £1,409 14
2004£122,896 £1,326 16
2003£66,168 £861 17
2002£68,381 £768 18
2001£59,992 £698 6
2000£59,109 £743 11
1999£48,625 £551 12
1998£54,91510
1997£54,300 £503 5
1996£44,606 £523 10
1995£50,3905
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£60,312 £1,193 8
2023£71,786 £1,311 7
2022£82,969 £1,392 8
2021£68,100 £1,288 5
2020£63,500 £1,191 8
2019£54,517 £1,049 6
2018£60,500 £1,144 4
2017£68,549 £1,280 9
2016£68,017 £1,297 12
2015£68,288 £1,244 12
2014£66,258 £1,326 9
2013£55,667 £1,118 6
2012£73,250 £1,306 2
2011£65,562 £1,269 8
2010£79,500 £1,409 3
2009£69,667 £1,314 3
2008£75,017 £1,508 3
2007£89,698 £1,613 20
2006£79,421 £1,514 14
2005£87,175 £1,380 16
2004£67,339 £1,371 18
2003£48,398 £967 22
2002£39,389 £718 19
2001£31,687 £699 15
2000£32,075 £565 6
1999£30,556 £590 8
1998£27,583 £590 9
1997£29,208 £553 12
1996£29,258 £581 6
1995£29,458 £535 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,5001
2022£20,671 £343 3
2021£301,825 £43 2
2018£21,993 £33 7
2016£93,897 £1,409 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,250 £1,160 4
2023£107,250 £1,475 12
2022£119,528 £1,592 18
2021£107,946 £1,395 26
2020£95,206 £1,227 17
2019£95,177 £1,218 11
2018£96,892 £1,121 12
2017£131,145 £1,621 22
2016£120,287 £1,777 25
2015£97,325 £1,217 6
2014£93,065 £930 10
2013£67,650 £702 3
2012£90,000 £1,317 5
2011£78,988 £1,098 8
2010£98,125 £1,152 4
2009£105,667 £1,483 9
2008£111,750 £1,401 6
2007£108,679 £1,314 24
2006£90,352 £1,026 20
2005£86,302 £1,067 21
2004£78,718 £943 24
2003£63,452 £735 21
2002£46,133 £547 18
2001£47,708 £659 12
2000£38,613 £541 15
1999£33,229 £515 17
1998£45,057 £465 7
1997£37,938 £507 8
1996£44,477 £445 11
1995£38,908 £408 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£331,350 £3,115 3
2023£309,333 £2,820 6
2022£288,750 £2,794 8
2021£293,125 £2,400 8
2020£241,743 £2,198 8
2019£261,198 £2,433 56
2018£268,559 £2,385 74
2017£254,572 £2,276 44
2016£250,283 £2,203 36
2015£245,665 £2,245 3
2014£218,499 £2,003 12
2013£160,000 £1,212 1
2012£191,250 £1,576 4
2010£170,0001
2009£175,000 £2,215 2
2007£186,750 £1,500 4
2005£180,000 £1,452 1
2003£145,1254
2002£85,500 £661 2
2001£45,000 £227 1
2000£74,000 £472 5
1999£86,5001
1998£88,0001
1997£65,333 £602 3
1996£70,250 £627 1
1995£66,390 £667 5

House Type in NE31 2AP area

The most common house types in the NE31 2AP postcode area are Terraced (86), Semi-detached (17), and Detached (2).

Total105
Terraced86
Semi-detached17
Detached2
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 outright (40), and Social rented: Rents from council or Local Authority (31).

Owned: Owns outright40
Social rented: Rents from council or Local Authority31
Owned: Owns with a mortgage or loan22
Private rented: Private landlord or letting agency9
Lives rent free3
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0

Number of People in a Household

The most houses in the NE31 2AP have 2 people in household (39), and 1 person in household (26).

2 people in household39
1 person in household26
4 people in household20
3 people in household19
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0