Housing Market Analysis for MEDWAY AVENUE, NE31 2JL

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £89,381 median price is £95,500 Standard Deviation is £32,253 with Total Sold: 17
    • The Last 5 Year average price is £119,900 with Total Sold: 5
    • The most recent sale happened at this postcode is 11 MEDWAY AVENUE: £133,000 (Sold on 01 Aug 2022)
    • The first recorded sale happened at this postcode is 24 MEDWAY AVENUE: £34,000 (Sold on 30 May 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 2JL 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£118,833 £1,411 3
2021£125,000 £1,471 1
2019£118,000 £1,388 1
2018£97,650 £1,275 3
2017£75,030 £883 1
2010£40,000 £513 1
2008£115,000 £1,337 1
2006£96,500 £1,220 2
2005£78,000 £913 1
2002£46,000 £412 2
2001£34,0001

All the Sales in the MEDWAY AVENUE, NE31 2JL

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

AddressSold DatePrice% Change
11 MEDWAY AVENUESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196601 Aug 2022£133,00033.00%
02 Nov 2006£100,000First Sale
1 MEDWAY AVENUESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196610 Jun 2022£95,500First Sale
18 MEDWAY AVENUESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-194918 Mar 2022£128,00011.30%
25 Jan 2008£115,000First Sale
9 MEDWAY AVENUESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196628 Jul 2021£125,0008.74%
29 Jun 2018£114,95053.21%
19 Sep 2017£75,030First Sale
20 MEDWAY AVENUESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196608 Nov 2019£118,000237.14%
19 Mar 2002£35,000First Sale
2 MEDWAY AVENUESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-196602 Nov 2018£110,00061.76%
23 Mar 2018£68,000First Sale
17 MEDWAY AVENUESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1930-194926 Nov 2010£40,000First Sale
10 MEDWAY AVENUESemi-Detached, Freehold11 Jan 2006£93,000First Sale
22 MEDWAY AVENUESemi-Detached, FreeholdArea: 85.399 Sq.mtrAge: 1950-196626 Aug 2005£78,000First Sale
12 MEDWAY AVENUESemi-Detached, Freehold17 Jun 2002£57,000First Sale
24 MEDWAY AVENUESemi-Detached, Freehold30 May 2001£34,000First Sale

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

MEDWAY AVENUE, NE31 2JL Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £106,767 median price is £104,950 Standard Deviation is £46,239 with Total Sold: 675
    • The Last 5 Year average price is £138,418 with Total Sold: 153
    • 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)
  • Other
    • The average price is around £810,438 median price is £138,498 Standard Deviation is £1,315,512 with Total Sold: 10
    • The Last 5 Year average price is £99,083 with Total Sold: 3
    • 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)
  • Flat
    • The average price is around £54,682 median price is £58,500 Standard Deviation is £21,982 with Total Sold: 98
    • The Last 5 Year average price is £64,906 with Total Sold: 18
    • 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 , 27 TONER AVENUE: £24,000 (Sold on 29 Feb 1996)
  • Detached
    • The average price is around £247,566 median price is £244,995 Standard Deviation is £45,197 with Total Sold: 356
    • The Last 5 Year average price is £268,836 with Total Sold: 77
    • 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 , 34 CLYDE AVENUE: £27,500 (Sold on 18 Feb 1998)
  • Terraced
    • The average price is around £95,770 median price is £91,500 Standard Deviation is £41,717 with Total Sold: 222
    • The Last 5 Year average price is £121,357 with Total Sold: 60
    • 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 , 34 WESTMINSTER CRESCENT: £34,000 (Sold on 04 May 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£131,586 £1,823 11
2023£153,225 £1,944 20
2022£157,060 £1,889 34
2021£136,086 £1,644 37
2020£133,934 £1,658 16
2019£118,510 £1,512 35
2018£128,860 £1,592 37
2017£140,415 £1,739 37
2016£134,250 £1,666 49
2015£132,526 £1,703 43
2014£119,104 £1,490 30
2013£90,674 £1,095 17
2012£96,064 £1,107 18
2011£85,558 £1,079 12
2010£88,227 £1,091 11
2009£95,705 £1,247 10
2008£115,270 £1,282 10
2007£107,430 £1,357 32
2006£107,406 £1,318 35
2005£97,415 £1,168 26
2004£89,233 £1,069 27
2003£57,400 £703 12
2002£52,536 £514 27
2001£44,660 £548 20
2000£43,994 £575 9
1999£34,040 £472 11
1998£38,235 £478 13
1997£40,904 £479 13
1996£35,686 £379 7
1995£31,918 £334 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,5001
2023£20,0001
2022£9,750 £108 1
2018£4,173,6351
2017£105,000 £1,142 2
2016£86,748 £1,119 2
2014£1,625,0002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£81,5002
2023£51,767 £601 3
2022£71,800 £1,165 5
2021£73,500 £1,258 2
2020£59,667 £901 3
2019£55,000 £872 3
2018£53,210 £804 5
2017£68,304 £1,032 2
2016£44,975 £653 4
2015£56,875 £865 4
2014£60,600 £1,063 5
2013£63,475 £818 2
2012£69,950 £908 1
2011£58,500 £839 2
2009£60,000 £779 2
2008£87,990 £1,247 5
2007£64,417 £899 6
2006£75,233 £1,151 6
2005£51,857 £940 7
2004£73,988 £1,098 4
2003£41,890 £694 5
2002£28,350 £446 7
2000£24,490 £447 5
1999£22,7501
1998£24,950 £734 1
1997£23,250 £343 2
1996£20,550 £319 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£321,012 £2,829 4
2023£309,167 £2,820 6
2022£295,708 £2,763 12
2021£278,106 £2,395 9
2020£240,895 £2,198 12
2019£253,503 £2,412 34
2018£271,010 £2,402 67
2017£257,098 £2,281 62
2016£242,139 £2,199 52
2015£223,269 £2,129 47
2014£210,455 £2,004 47
2006£153,000 £1,342 1
2003£122,500 £1,075 1
2000£56,0001
1998£27,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£140,625 £761 4
2023£103,375 £1,246 8
2022£127,633 £1,651 15
2021£126,409 £1,635 17
2020£124,494 £1,715 9
2019£101,143 £1,186 7
2018£98,393 £1,276 7
2017£139,438 £1,776 17
2016£126,245 £1,828 22
2015£85,200 £1,183 17
2014£86,925 £1,031 8
2013£92,250 £1,168 6
2012£83,750 £1,024 6
2011£90,000 £1,108 2
2010£81,125 £1,100 4
2009£70,000 £801 1
2008£100,580 £1,063 5
2007£87,400 £1,202 5
2006£98,242 £1,183 6
2005£79,000 £1,002 8
2004£82,100 £1,000 5
2003£59,681 £709 11
2002£45,050 £519 8
2001£39,833 £545 3
2000£46,000 £548 1
1999£23,000 £329 1
1998£32,000 £372 1
1997£30,439 £339 7
1996£36,000 £388 5
1995£27,708 £286 6

House Type in NE31 2JL area

The most common house types in the NE31 2JL postcode area are Semi-detached (88), Flat (26), and Shared house (20).

Total152
Semi-detached88
Flat26
Shared house20
Terraced13
Detached5
converted building0
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 (79), and Owned: Owns with a mortgage or loan (26).

Social rented: Rents from council or Local Authority79
Owned: Owns with a mortgage or loan26
Owned: Owns outright23
Private rented: Private landlord or letting agency13
Social rented: Other social rented6
Lives rent free3
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE31 2JL have 1 person in household (71), and 2 people in household (42).

1 person in household71
2 people in household42
3 people in household20
4 people in household11
5 people in household4
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0