Housing Market Analysis for MILL LANE, NE31 2EW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £226,999 median price is £235,000 Standard Deviation is £16,002 with Total Sold: 5
    • The Last 5 Year average price is £235,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 5 MILL LANE: £235,000 (Sold on 21 Jan 2022)
    • The first recorded sale happened at this postcode is 5 MILL LANE: £194,995 (Sold on 19 Dec 2016)
  • Semi-Detached
    • The average price is around £125,173 median price is £144,000 Standard Deviation is £42,656 with Total Sold: 17
    • The Last 5 Year average price is £150,625 with Total Sold: 4
    • The most recent sale happened at this postcode is 14 MILL LANE: £175,000 (Sold on 01 Sep 2023)
    • The first recorded sale happened at this postcode is 10 MILL LANE: £180,000 (Sold on 18 Jul 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 2EW 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£235,000 £2,733 4
2016£194,995 £2,267 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£175,000 £2,734 1
2019£123,750 £1,287 2
2018£156,000 £2,438 1
2016£156,995 £2,180 2
2014£146,000 £2,281 1
2011£132,000 £1,743 2
2008£144,0001
2007£150,0001
2004£135,000 £1,534 1
2001£60,0001
1999£52,475 £489 2
1998£51,5001
2024£180,0001

All the Sales in the MILL LANE, NE31 2EW

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

AddressSold DatePrice% Change
5 MILL LANEDetached, Freehold21 Jan 2022£235,0000.0
21 Jan 2022£235,0000.0
21 Jan 2022£235,0000.0
21 Jan 2022£235,00020.52%
19 Dec 2016£194,995First Sale
14 MILL LANESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1930-194901 Sep 2023£175,00012.18%
26 Feb 2018£156,0006.85%
21 Nov 2014£146,00021.67%
09 Nov 2011£120,000First Sale
10 MILL LANESemi-Detached, FreeholdArea: 96.19 Sq.mtrAge: 1950-196613 Dec 2019£135,50020.98%
19 Feb 2019£112,000-17.04%
02 Aug 2004£135,000187.23%
28 May 1999£47,000-73.89%
18 Jul 2024£180,000First Sale
3 MILL LANESemi-Detached, FreeholdArea: 72 Sq.mtr21 Dec 2016£156,995First Sale
1 MILL LANESemi-Detached, FreeholdArea: 72 Sq.mtr21 Dec 2016£156,995First Sale
12 MILL LANESemi-Detached, FreeholdArea: 89.36 Sq.mtrAge: 1950-196615 Dec 2011£144,000First Sale
22 MILL LANESemi-Detached, Freehold10 Oct 2008£144,000First Sale
16 MILL LANESemi-Detached, Freehold17 Dec 2007£150,000158.84%
27 Aug 1999£57,950First Sale
18 MILL LANESemi-Detached, Freehold14 Dec 2001£60,000First Sale
6 MILL LANESemi-Detached, Freehold05 Jun 1998£51,500First Sale

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

MILL LANE, NE31 2EW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £119,537 median price is £120,000 Standard Deviation is £54,177 with Total Sold: 655
    • The Last 5 Year average price is £172,366 with Total Sold: 170
    • 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 £162,343 median price is £165,000 Standard Deviation is £147,545 with Total Sold: 13
    • The Last 5 Year average price is £169,238 with Total Sold: 9
    • 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 £249,452 median price is £244,995 Standard Deviation is £59,155 with Total Sold: 201
    • The Last 5 Year average price is £276,256 with Total Sold: 115
    • 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 £119,711 median price is £115,000 Standard Deviation is £55,461 with Total Sold: 142
    • The Last 5 Year average price is £152,464 with Total Sold: 38
    • 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 , 5 PRENDWICK COURT: £39,000 (Sold on 04 Aug 1995)
  • Flat
    • The average price is around £44,649 median price is £40,000 Standard Deviation is £18,001 with Total Sold: 41
    • The Last 5 Year average price is £58,500 with Total Sold: 8
    • 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£175,603 £1,688 17
2023£187,985 £2,038 27
2022£171,077 £2,181 32
2021£181,974 £2,059 42
2020£155,037 £1,738 19
2019£156,918 £1,809 33
2018£134,908 £1,715 29
2017£158,881 £1,804 26
2016£138,316 £1,668 33
2015£121,713 £1,437 23
2014£124,120 £1,540 18
2013£106,143 £1,265 14
2012£116,439 £1,360 19
2011£114,171 £1,506 14
2010£108,848 £1,287 20
2009£112,721 £1,341 12
2008£133,253 £1,587 13
2007£141,650 £1,656 19
2006£119,656 £1,367 24
2005£125,996 £1,418 14
2004£118,050 £1,310 28
2003£99,619 £1,164 18
2002£68,607 £802 21
2001£59,589 £618 23
2000£58,078 £593 18
1999£49,065 £564 24
1998£48,900 £583 28
1997£43,025 £524 14
1996£43,197 £560 19
1995£38,748 £406 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£20,0001
2022£350,0001
2020£2,7841
2019£194,071 £2,773 5
2017£108,660 £608 2
2016£185,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£327,1676
2023£280,077 £2,293 13
2022£291,364 £2,376 22
2021£280,307 £2,362 48
2020£217,369 £2,304 8
2019£253,429 £2,341 18
2018£244,175 £2,146 13
2017£236,023 £2,199 36
2016£206,995 £2,182 22
2014£140,000 £1,359 1
2013£166,998 £1,824 2
2007£210,000 £1,842 1
2005£196,000 £1,334 1
2004£176,000 £1,334 3
2003£123,000 £1,079 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£163,333 £761 3
2023£150,375 £1,653 4
2022£143,900 £1,570 5
2021£148,667 £2,000 9
2020£154,138 £2,125 4
2019£156,008 £1,847 13
2018£166,600 £1,698 5
2017£149,792 £1,638 6
2016£169,900 £1,610 6
2015£155,000 £1,893 2
2014£120,667 £1,437 3
2013£166,167 £1,651 3
2012£200,000 £1,854 1
2011£142,625 £1,630 4
2009£111,250 £1,498 4
2008£115,900 £1,679 5
2007£66,844 £1,094 6
2006£138,812 £1,604 8
2005£121,643 £1,687 7
2004£99,983 £1,471 6
2003£103,244 £1,133 9
2002£82,0002
2001£68,000 £733 4
2000£67,983 £793 3
1999£56,375 £661 4
1998£47,083 £662 3
1997£53,187 £504 8
1996£25,500 £293 1
1995£34,688 £266 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£65,000 £2,012 1
2022£60,500 £1,276 4
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£41,667 £705 3
2002£30,000 £516 1
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 2EW area

The most common house types in the NE31 2EW 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 2EW 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