Housing Market Analysis for MILL LANE, NE31 2ET

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £88,100 median price is £102,500 Standard Deviation is £38,062 with Total Sold: 16
    • The Last 5 Year average price is £127,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 54 MILL LANE: £130,000 (Sold on 09 Nov 2021)
    • The first recorded sale happened at this postcode is 66 MILL LANE: £45,000 (Sold on 19 Apr 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 2ET 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
2021£130,000 £1,494 1
2020£125,000 £1,361 1
2017£125,000 £1,312 1
2016£95,000 £1,092 1
2015£129,950 £1,354 1
2012£110,000 £1,198 1
2007£117,000 £1,248 2
2005£128,950 £1,372 1
2003£81,000 £862 1
2000£42,000 £397 2
1998£40,000 £460 1
1996£42,233 £459 3

All the Sales in the MILL LANE, NE31 2ET

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

AddressSold DatePrice% Change
54 MILL LANESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-196609 Nov 2021£130,00036.84%
05 Aug 2016£95,000137.50%
29 May 1998£40,000First Sale
60 MILL LANESemi-Detached, FreeholdArea: 91.83 Sq.mtrAge: 1950-196609 Apr 2020£125,00013.64%
18 May 2012£110,000-11.29%
26 Jan 2007£124,000First Sale
62 MILL LANESemi-Detached, FreeholdArea: 95.282 Sq.mtrAge: 1950-196614 Dec 2017£125,000186.04%
06 Sep 1996£43,700First Sale
48 MILL LANESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-196627 Nov 2015£129,95018.14%
05 Oct 2007£110,000First Sale
36 MILL LANESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-196608 Jul 2005£128,95059.20%
28 Nov 2003£81,000First Sale
28 MILL LANESemi-Detached, Freehold10 Nov 2000£46,000First Sale
32 MILL LANESemi-Detached, FreeholdArea: 95.755 Sq.mtrAge: 1950-196612 Jun 2000£38,000First Sale
34 MILL LANESemi-Detached, Freehold28 Jun 1996£38,000First Sale
66 MILL LANESemi-Detached, Freehold19 Apr 1996£45,000First Sale

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

MILL LANE, NE31 2ET Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £111,027 median price is £110,500 Standard Deviation is £51,064 with Total Sold: 708
    • The Last 5 Year average price is £160,571 with Total Sold: 178
    • 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 £172,932 median price is £165,000 Standard Deviation is £127,186 with Total Sold: 10
    • The Last 5 Year average price is £208,400 with Total Sold: 5
    • 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 £240,128 median price is £235,000 Standard Deviation is £59,725 with Total Sold: 138
    • The Last 5 Year average price is £279,982 with Total Sold: 56
    • 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 £92,324 median price is £88,975 Standard Deviation is £46,311 with Total Sold: 120
    • The Last 5 Year average price is £129,854 with Total Sold: 24
    • 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 , 34 WESTMINSTER CRESCENT: £34,000 (Sold on 04 May 1995)
  • Flat
    • The average price is around £44,623 median price is £40,000 Standard Deviation is £17,657 with Total Sold: 45
    • The Last 5 Year average price is £57,500 with Total Sold: 10
    • 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£169,317 £1,688 15
2023£176,713 £1,948 31
2022£160,818 £2,010 37
2021£160,832 £1,833 50
2020£151,286 £1,722 20
2019£141,846 £1,680 25
2018£128,398 £1,614 31
2017£145,405 £1,659 28
2016£128,350 £1,540 37
2015£115,170 £1,392 20
2014£108,758 £1,279 20
2013£99,024 £1,185 19
2012£105,031 £1,162 21
2011£108,025 £1,409 16
2010£105,922 £1,203 20
2009£102,923 £1,261 11
2008£124,221 £1,506 16
2007£119,622 £1,378 20
2006£117,281 £1,343 29
2005£121,803 £1,346 18
2004£112,828 £1,211 30
2003£87,912 £859 21
2002£64,508 £751 25
2001£56,650 £626 26
2000£54,047 £591 19
1999£44,640 £544 25
1998£45,730 £517 28
1997£37,997 £479 15
1996£42,545 £544 21
1995£35,962 £342 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£20,0001
2022£350,0001
2019£246,0002
2017£105,773 £872 3
2016£185,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£311,6673
2023£275,917 £2,293 12
2022£300,885 £2,451 13
2021£288,825 £2,251 20
2020£215,667 £2,271 6
2019£225,500 £2,167 2
2018£228,163 £2,085 9
2017£236,023 £2,199 36
2016£207,276 £2,148 25
2014£180,000 £1,359 3
2013£179,995 £1,225 1
2005£196,000 £1,334 1
2004£196,000 £1,334 1
2002£148,000 £1,065 1
2000£82,950 £572 1
1999£90,0001
1998£104,250 £601 2
1995£85,000 £787 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,500 £761 2
2023£138,900 £1,564 5
2022£141,875 £1,395 4
2021£135,100 £1,566 5
2020£45,500 £1,468 1
2019£124,071 £1,539 7
2018£133,250 £1,559 4
2017£113,917 £1,350 3
2016£134,000 £1,545 2
2015£104,667 £1,340 3
2014£98,000 £1,187 4
2013£97,000 £1,246 2
2011£109,250 £1,341 2
2010£83,250 £1,180 2
2009£111,250 £1,498 4
2008£104,900 £1,679 5
2007£66,844 £1,094 6
2006£107,125 £1,395 4
2005£119,562 £1,687 8
2004£96,414 £1,324 7
2003£83,156 £1,047 8
2002£59,233 £499 6
2001£57,750 £664 4
1999£58,500 £704 3
1998£43,312 £565 4
1997£35,500 £483 5
1996£32,500 £338 3
1995£32,679 £309 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£65,000 £2,012 1
2022£61,800 £1,230 5
2020£40,000 £625 1
2019£53,667 £1,108 3
2018£61,000 £792 1
2017£35,750 £1,153 1
2016£45,833 £1,045 3
2015£40,000 £635 1
2014£54,667 £1,199 3
2013£53,225 £1,162 2
2011£45,000 £719 1
2008£69,9501
2007£30,000 £638 1
2005£56,333 £1,623 3
2004£54,250 £1,324 2
2003£41,238 £705 4
2002£30,250 £516 2
2001£24,5001
2000£26,500 £551 2
1999£20,0001
1998£22,975 £717 2
1997£23,5001
1996£24,250 £436 2
1995£25,0001

House Type in NE31 2ET area

The most common house types in the NE31 2ET postcode area are Semi-detached (133), Detached (69), and Terraced (35).

Total238
Semi-detached133
Detached69
Terraced35
Flat1
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 (122), and Owned: Owns outright (75).

Owned: Owns with a mortgage or loan122
Owned: Owns outright75
Social rented: Rents from council or Local Authority27
Social rented: Other social rented7
Private rented: Private landlord or letting agency5
Private rented: Other private rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE31 2ET have 2 people in household (90), and 3 people in household (58).

2 people in household90
3 people in household58
1 person in household42
4 people in household39
5 people in household5
7 people in household3
6 people in household1
0 people in household0
8 or more people in household0