Housing Market Analysis for SOMERSET ROAD, NE31 2DS

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £89,917 median price is £96,500 Standard Deviation is £30,403 with Total Sold: 6
    • The Last 5 Year average price is £120,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 SOMERSET ROAD: £120,000 (Sold on 23 Jul 2021)
    • The first recorded sale happened at this postcode is 4 SOMERSET ROAD: £41,500 (Sold on 26 Apr 2002)
  • Semi-Detached
    • The average price is around £81,945 median price is £87,750 Standard Deviation is £23,284 with Total Sold: 10
    • The most recent sale happened at this postcode is 16 SOMERSET ROAD: £87,500 (Sold on 19 Nov 2019)
    • The first recorded sale happened at this postcode is 18 SOMERSET ROAD: £38,000 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £110,000 median price is £110,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 SOMERSET ROAD: £110,000 (Sold on 03 May 2017)
    • The first recorded sale happened at this postcode is 11 SOMERSET ROAD: £110,000 (Sold on 03 May 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 2DS 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
2021£120,000 £1,412 1
2015£90,000 £1,059 1
2013£125,000 £1,471 1
2006£103,000 £1,212 1
2003£60,000 £706 1
2002£41,500 £488 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£87,500 £1,067 1
2012£88,000 £918 1
2011£68,000 £710 1
2009£107,5001
2007£97,000 £1,183 1
2005£110,0001
2004£89,225 £861 2
2002£45,000 £470 1
1995£38,000 £462 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£110,000 £1,148 1

All the Sales in the SOMERSET ROAD, NE31 2DS

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

AddressSold DatePrice% Change
4 SOMERSET ROADTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196623 Jul 2021£120,00033.33%
16 Jan 2015£90,000116.87%
26 Apr 2002£41,500First Sale
16 SOMERSET ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196619 Nov 2019£87,500First Sale
11 SOMERSET ROADOther, FreeholdArea: 95.84 Sq.mtrAge: 1976-198203 May 2017£110,00025.00%
25 May 2012£88,00029.41%
18 Aug 2011£68,000-17.58%
25 Oct 2004£82,50083.33%
05 Apr 2002£45,000First Sale
6 SOMERSET ROADTerraced, FreeholdArea: 85 Sq.mtrAge: 1967-197528 Mar 2013£125,00021.36%
12 Jul 2006£103,00071.67%
19 Sep 2003£60,000First Sale
17 SOMERSET ROADSemi-Detached, Freehold08 Apr 2009£107,500-2.27%
09 Dec 2005£110,00014.64%
25 Jun 2004£95,950First Sale
14 SOMERSET ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196618 May 2007£97,000First Sale
18 SOMERSET ROADSemi-Detached, FreeholdArea: 82.2 Sq.mtrAge: 1950-196631 Jan 1995£38,000First Sale

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

SOMERSET ROAD, NE31 2DS Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £115,529 median price is £110,000 Standard Deviation is £52,933 with Total Sold: 618
    • The Last 5 Year average price is £159,192 with Total Sold: 114
    • The most recent sale happened at this postcode is , 17 ACACIA GROVE: £117,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 81 FINCHALE ROAD: £20,000 (Sold on 29 Jan 1995)
  • Flat
    • The average price is around £56,918 median price is £60,000 Standard Deviation is £23,309 with Total Sold: 87
    • The Last 5 Year average price is £68,331 with Total Sold: 13
    • The most recent sale happened at this postcode is , 2 WYE ROAD: £83,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 THE WILLOWS: £52,000 (Sold on 27 Jul 1995)
  • Detached
    • The average price is around £244,344 median price is £243,248 Standard Deviation is £56,932 with Total Sold: 352
    • The Last 5 Year average price is £294,328 with Total Sold: 45
    • 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 , 15 BARNS CLOSE: £89,000 (Sold on 22 Dec 1995)
  • Terraced
    • The average price is around £92,263 median price is £85,000 Standard Deviation is £43,924 with Total Sold: 281
    • The Last 5 Year average price is £114,476 with Total Sold: 67
    • The most recent sale happened at this postcode is , 4 FUSCHIA GARDENS: £125,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 CHERRY TREE WALK: £39,500 (Sold on 09 Jun 1995)
  • Other
    • The average price is around £58,535 median price is £15,000 Standard Deviation is £61,374 with Total Sold: 7
    • The Last 5 Year average price is £5,625 with Total Sold: 2
    • The most recent sale happened at this postcode is , 47 MOUNTBATTEN AVENUE: £9,750 (Sold on 04 Nov 2022)
    • The first recorded sale happened at this postcode is , 62 MOUNTBATTEN AVENUE: £6,500 (Sold on 16 May 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£163,444 £2,121 9
2023£158,428 £1,920 23
2022£168,938 £1,967 28
2021£147,353 £1,794 34
2020£164,638 £1,778 20
2019£118,431 £1,547 35
2018£138,707 £1,664 34
2017£141,264 £1,750 36
2016£138,298 £1,763 46
2015£134,735 £1,743 39
2014£138,338 £1,644 28
2013£95,889 £1,174 14
2012£99,750 £1,146 15
2011£105,800 £1,223 10
2010£88,714 £1,060 7
2009£106,211 £1,401 9
2008£127,556 £1,261 8
2007£106,960 £1,381 24
2006£107,205 £1,326 28
2005£100,633 £1,270 24
2004£98,695 £1,145 32
2003£81,062 £920 13
2002£55,547 £572 24
2001£54,983 £648 18
2000£49,086 £575 11
1999£32,479 £357 5
1998£60,411 £588 14
1997£46,173 £521 13
1996£37,817 £333 3
1995£38,425 £358 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£81,5002
2023£51,767 £601 3
2022£88,500 £1,298 2
2021£71,333 £1,141 3
2020£59,667 £901 3
2019£55,000 £872 3
2018£48,675 £750 6
2017£68,304 £1,032 2
2016£42,967 £716 3
2015£62,500 £942 3
2014£58,333 £948 3
2013£62,000 £653 1
2012£69,950 £908 1
2011£72,000 £959 1
2010£62,000 £725 2
2009£60,000 £779 2
2008£89,400 £1,292 5
2007£71,900 £1,030 5
2006£73,914 £1,163 7
2005£50,200 £839 5
2004£82,190 £1,142 5
2003£38,983 £633 3
2002£27,921 £429 7
2000£23,150 £342 3
1999£22,7501
1998£16,000 £296 1
1997£19,200 £343 2
1996£16,850 £202 2
1995£52,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£321,012 £2,829 4
2023£309,167 £2,820 6
2022£320,000 £2,811 13
2021£305,495 £2,498 10
2020£240,895 £2,198 12
2019£252,390 £2,356 26
2018£271,886 £2,422 53
2017£258,379 £2,291 61
2016£246,792 £2,208 47
2015£223,097 £2,127 48
2014£210,380 £2,003 47
2010£285,000 £3,235 1
2007£309,000 £1,928 2
2006£153,000 £1,342 1
2005£195,4752
2004£255,833 £1,647 3
2003£122,500 £1,075 1
2002£142,0002
2001£220,0001
2000£56,0001
1999£108,000 £805 2
1998£87,258 £638 4
1997£71,5001
1996£71,000 £700 3
1995£89,000 £978 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£139,000 £1,112 5
2023£94,111 £1,127 9
2022£124,472 £1,610 18
2021£120,892 £1,585 19
2020£99,403 £1,285 16
2019£101,143 £1,186 7
2018£91,250 £1,150 9
2017£133,182 £1,685 19
2016£121,099 £1,737 24
2015£82,420 £1,119 20
2014£100,968 £994 14
2013£89,125 £1,125 6
2012£83,750 £1,024 6
2011£92,800 £978 5
2010£72,500 £932 4
2009£98,333 £1,170 3
2008£93,150 £1,065 6
2007£110,494 £1,387 8
2006£91,792 £976 13
2005£73,723 £744 13
2004£66,916 £809 8
2003£49,625 £598 15
2002£39,117 £418 12
2001£38,7502
2000£55,000 £561 3
1999£26,000 £337 2
1998£31,2502
1997£30,345 £342 6
1996£37,500 £435 5
1995£35,750 £381 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£9,750 £108 1
2020£1,500 £19 1
2018£15,0001
2017£105,000 £1,142 2
2016£86,748 £1,119 2

House Type in NE31 2DS area

The most common house types in the NE31 2DS postcode area are Semi-detached (82), Flat (34), and Terraced (15).

Total140
Semi-detached82
Flat34
Terraced15
Shared house8
converted building1
Detached0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (68), and Owned: Owns with a mortgage or loan (27).

Social rented: Rents from council or Local Authority68
Owned: Owns with a mortgage or loan27
Owned: Owns outright18
Private rented: Private landlord or letting agency18
Private rented: Other private rented3
Social rented: Other social rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE31 2DS have 1 person in household (55), and 2 people in household (44).

1 person in household55
2 people in household44
3 people in household20
4 people in household12
5 people in household5
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0