Housing Market Analysis for GRESFORD CLOSE, NE31 2BL

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £198,153 median price is £200,000 Standard Deviation is £12,015 with Total Sold: 7
    • The Last 5 Year average price is £203,848 with Total Sold: 5
    • The most recent sale happened at this postcode is 17 GRESFORD CLOSE: £220,000 (Sold on 29 Jul 2022)
    • The first recorded sale happened at this postcode is 9 GRESFORD CLOSE: £189,995 (Sold on 28 Jun 2018)
  • Detached
    • The average price is around £273,978 median price is £264,995 Standard Deviation is £32,883 with Total Sold: 14
    • The Last 5 Year average price is £272,996 with Total Sold: 6
    • The most recent sale happened at this postcode is 2 GRESFORD CLOSE: £339,000 (Sold on 14 Apr 2022)
    • The first recorded sale happened at this postcode is 10 GRESFORD CLOSE: £280,995 (Sold on 28 Jun 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 2BL 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£206,667 £2,707 3
2019£199,620 £2,468 2
2018£183,915 £2,420 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£339,000 £3,260 1
2019£259,795 £2,528 5
2018£274,714 £2,483 8

All the Sales in the GRESFORD CLOSE, NE31 2BL

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

AddressSold DatePrice% Change
17 GRESFORD CLOSESemi-Detached, FreeholdArea: 77 Sq.mtr29 Jul 2022£220,00012.82%
12 Dec 2019£194,995First Sale
8 GRESFORD CLOSESemi-Detached, FreeholdArea: 76 Sq.mtr15 Jul 2022£200,00012.46%
29 Jun 2018£177,835First Sale
2 GRESFORD CLOSEDetached, FreeholdArea: 104 Sq.mtr14 Apr 2022£339,00034.66%
14 Dec 2018£251,745First Sale
9 GRESFORD CLOSESemi-Detached, FreeholdArea: 76 Sq.mtr21 Feb 2022£200,0005.27%
28 Jun 2018£189,995First Sale
16 GRESFORD CLOSESemi-Detached, FreeholdArea: 85 Sq.mtr12 Dec 2019£204,245First Sale
4 GRESFORD CLOSEDetached, FreeholdArea: 121 Sq.mtr06 Dec 2019£259,995First Sale
18 GRESFORD CLOSEDetached, FreeholdArea: 121 Sq.mtr29 Nov 2019£312,995First Sale
15 GRESFORD CLOSEDetached, FreeholdArea: 87 Sq.mtr29 Nov 2019£234,995First Sale
14 GRESFORD CLOSEDetached, FreeholdArea: 85 Sq.mtr25 Oct 2019£224,995First Sale
1 GRESFORD CLOSEDetached, FreeholdArea: 104 Sq.mtr21 Feb 2019£265,995First Sale
7 GRESFORD CLOSEDetached, FreeholdArea: 121 Sq.mtr14 Dec 2018£284,995First Sale
3 GRESFORD CLOSEDetached, FreeholdArea: 120 Sq.mtr30 Nov 2018£294,995First Sale
11 GRESFORD CLOSEDetached, FreeholdArea: 104 Sq.mtr02 Nov 2018£252,995First Sale
12 GRESFORD CLOSEDetached, FreeholdArea: 104 Sq.mtr02 Nov 2018£263,995First Sale
5 GRESFORD CLOSEDetached, FreeholdArea: 96 Sq.mtr20 Sep 2018£242,995First Sale
6 GRESFORD CLOSEDetached, FreeholdArea: 122 Sq.mtr14 Sep 2018£324,995First Sale
10 GRESFORD CLOSEDetached, FreeholdArea: 114 Sq.mtr28 Jun 2018£280,995First Sale

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

GRESFORD CLOSE, NE31 2BL Near By properties

Interactive Map

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

  • Other
    • The average price is around £641,160 median price is £279,000 Standard Deviation is £937,944 with Total Sold: 22
    • The Last 5 Year average price is £372,415 with Total Sold: 10
    • 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 , DALZIEL LTD UNIT 3 MONKTON BUSINESS PARK NORTH: £900,000 (Sold on 10 Mar 2014)
  • Detached
    • The average price is around £251,834 median price is £249,995 Standard Deviation is £41,649 with Total Sold: 382
    • The Last 5 Year average price is £271,036 with Total Sold: 103
    • 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 , 6 ST AIDANS WALK: £223,000 (Sold on 26 Jun 2014)
  • Terraced
    • The average price is around £98,544 median price is £85,000 Standard Deviation is £48,307 with Total Sold: 129
    • The Last 5 Year average price is £119,412 with Total Sold: 39
    • The most recent sale happened at this postcode is , 112 HEXHAM AVENUE: £137,500 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 3 MONKTON LANE: £25,000 (Sold on 15 Nov 1995)
  • Semi-Detached
    • The average price is around £146,772 median price is £164,000 Standard Deviation is £49,834 with Total Sold: 189
    • The Last 5 Year average price is £169,465 with Total Sold: 56
    • The most recent sale happened at this postcode is , 14 HEXHAM AVENUE: £121,500 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is , 67 HEXHAM AVENUE: £33,995 (Sold on 11 Aug 1995)
  • Flat
    • The average price is around £90,667 median price is £90,000 Standard Deviation is £15,521 with Total Sold: 3
    • The Last 5 Year average price is £91,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 41 HEXHAM AVENUE: £110,000 (Sold on 13 May 2022)
    • The first recorded sale happened at this postcode is , 41 HEXHAM AVENUE: £90,000 (Sold on 23 May 2008)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,5001
2023£625,0001
2022£280,333 £11 3
2021£10,6501
2020£185,0003
2019£1,425,0001
2018£1,436,2123
2017£492,9384
2016£263,498 £2,169 2
2014£1,191,3333
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£321,012 £2,829 4
2023£315,714 £2,909 7
2022£291,577 £2,762 13
2021£290,295 £2,424 10
2020£242,859 £2,225 11
2019£259,617 £2,438 58
2018£269,636 £2,399 73
2017£257,098 £2,281 62
2016£243,318 £2,208 51
2015£223,269 £2,129 47
2014£212,117 £2,016 46
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,7502
2023£91,800 £1,047 5
2022£141,000 £1,934 9
2021£114,431 £1,524 13
2020£115,438 £1,583 8
2019£75,225 £837 2
2018£89,188 £1,249 4
2017£151,496 £1,945 14
2016£135,464 £2,065 16
2015£83,714 £1,202 7
2014£58,000 £690 1
2013£68,750 £893 2
2012£77,000 £1,073 2
2011£63,500 £782 2
2010£79,167 £1,018 3
2009£68,5002
2008£99,950 £917 1
2007£84,833 £1,023 3
2006£80,600 £860 7
2005£75,000 £871 3
2004£55,460 £675 5
2003£36,400 £457 4
2002£30,700 £336 5
2001£41,0001
2000£28,500 £310 1
1999£29,000 £345 1
1998£29,950 £322 1
1997£27,1673
1996£18,000 £220 1
1995£25,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£155,750 £2,468 2
2023£191,429 £2,460 7
2022£181,367 £2,303 15
2021£165,032 £2,088 14
2020£177,667 £2,268 3
2019£151,640 £1,923 15
2018£163,421 £2,071 21
2017£168,313 £2,103 19
2016£153,078 £1,956 29
2015£157,543 £2,046 23
2014£137,956 £1,781 12
2013£79,000 £1,436 1
2012£69,000 £848 2
2011£81,500 £1,222 2
2010£78,750 £1,020 2
2008£115,000 £1,337 1
2007£94,950 £1,323 1
2006£110,750 £1,264 4
2005£81,500 £994 3
2003£46,000 £644 1
2002£47,000 £464 3
2001£36,000 £447 2
1999£29,333 £357 3
1998£30,500 £263 2
1997£25,000 £316 1
1995£33,9951
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£110,000 £1,549 1
2020£72,000 £1,014 1
2008£90,000 £1,268 1

House Type in NE31 2BL area

The most common house types in the NE31 2BL postcode area are Detached (171), Semi-detached (31), and Terraced (7).

Total212
Detached171
Semi-detached31
Terraced7
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 with a mortgage or loan (187), and Owned: Owns outright (14).

Owned: Owns with a mortgage or loan187
Owned: Owns outright14
Private rented: Private landlord or letting agency7
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE31 2BL have 2 people in household (75), and 3 people in household (57).

2 people in household75
3 people in household57
4 people in household52
1 person in household20
5 people in household9
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0