Housing Market Analysis for MERCHANT COURT, NE31 2EX

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

Overview of Sold House prices

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

  • Other
    • The average price is around £891,667 median price is £625,000 Standard Deviation is £377,124 with Total Sold: 3
    • The Last 5 Year average price is £1,025,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 9 MERCHANT COURT: £625,000 (Sold on 03 Apr 2023)
    • The first recorded sale happened at this postcode is 9 MERCHANT COURT: £625,000 (Sold on 05 May 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 2EX 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£625,0001
2019£1,425,0001
2017£625,0001

All the Sales in the MERCHANT COURT, NE31 2EX

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

AddressSold DatePrice% Change
9 MERCHANT COURTOther, Leasehold03 Apr 2023£625,0000.0
05 May 2017£625,000First Sale
12 MERCHANT COURTOther, Leasehold22 Oct 2019£1,425,000First Sale

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

MERCHANT COURT, NE31 2EX Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £164,371 median price is £174,995 Standard Deviation is £44,565 with Total Sold: 83
    • The Last 5 Year average price is £193,698 with Total Sold: 26
    • 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 , 27 CANTERBURY WAY: £49,000 (Sold on 14 Jul 1995)
  • Other
    • The average price is around £696,409 median price is £306,000 Standard Deviation is £966,188 with Total Sold: 20
    • The Last 5 Year average price is £413,683 with Total Sold: 9
    • 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 £261,799 median price is £267,995 Standard Deviation is £51,101 with Total Sold: 230
    • The Last 5 Year average price is £275,822 with Total Sold: 79
    • 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 DURHAM DRIVE: £75,000 (Sold on 16 Jun 1995)
  • Flat
    • The average price is around £59,793 median price is £59,375 Standard Deviation is £29,416 with Total Sold: 46
    • The Last 5 Year average price is £70,295 with Total Sold: 11
    • The most recent sale happened at this postcode is , 15 LANCASTER WAY: £75,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 13 LANCASTER WAY: £34,500 (Sold on 30 Aug 1995)
  • Terraced
    • The average price is around £145,396 median price is £169,995 Standard Deviation is £49,246 with Total Sold: 25
    • The Last 5 Year average price is £168,875 with Total Sold: 8
    • The most recent sale happened at this postcode is , 52 HOLMES DRIVE: £230,000 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is , 4 CANTERBURY WAY: £50,500 (Sold on 29 Feb 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£186,500 £2,468 2
2023£202,000 £2,595 5
2022£207,167 £2,708 6
2021£197,374 £2,498 4
2020£185,500 £2,194 2
2019£178,521 £2,224 7
2018£176,310 £2,291 14
2017£178,370 £2,213 16
2016£158,853 £1,975 7
2014£147,500 £1,759 2
2010£160,0001
2009£55,0001
2007£158,3333
2006£148,150 £1,680 3
2004£162,0001
2002£85,475 £1,089 2
2000£64,0002
1999£60,0001
1998£55,0001
1997£65,0001
1995£51,0002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,5001
2023£625,0001
2022£420,0002
2021£10,6501
2020£185,0003
2019£1,425,0001
2018£1,433,0953
2017£492,9384
2016£360,0001
2014£1,191,3333
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£331,350 £3,115 3
2023£309,333 £2,820 6
2022£313,500 £2,885 6
2021£313,000 £2,479 5
2020£255,832 £2,229 6
2019£263,375 £2,469 53
2018£271,402 £2,412 67
2017£258,050 £2,273 61
2016£263,662 £2,234 12
2013£160,000 £1,212 1
2012£162,000 £1,862 1
2007£184,500 £1,500 2
2002£131,000 £1,120 1
2000£90,000 £682 4
1995£76,500 £667 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£56,0002
2023£63,333 £1,191 3
2022£97,938 £1,482 4
2019£39,750 £825 2
2018£55,000 £982 2
2017£67,000 £1,152 1
2016£61,000 £1,189 2
2015£69,000 £1,230 1
2014£43,500 £982 2
2013£39,000 £840 3
2011£34,000 £817 1
2008£58,0001
2007£89,950 £1,546 1
2006£71,833 £1,382 3
2005£104,000 £1,397 4
2004£63,738 £1,214 4
2003£31,270 £647 5
2002£37,167 £665 3
1999£34,5001
1995£34,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,0001
2022£153,750 £2,131 4
2021£174,000 £2,307 2
2020£158,000 £2,135 1
2018£78,500 £1,427 1
2017£170,359 £2,213 11
2006£100,0001
2002£59,9501
1998£71,0001
1996£50,250 £588 2

House Type in NE31 2EX area

The most common house types in the NE31 2EX postcode area are Detached (18), Terraced (14), and Semi-detached (10).

Total48
Detached18
Terraced14
Semi-detached10
Shared house4
Flat1
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (21), and Owned: Owns with a mortgage or loan (18).

Owned: Owns outright21
Owned: Owns with a mortgage or loan18
Private rented: Private landlord or letting agency7
Social rented: Other social rented2
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE31 2EX have 1 person in household (18), and 2 people in household (17).

1 person in household18
2 people in household17
3 people in household8
4 people in household7
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0