Housing Market Analysis for CHERRY TREE WALK, NE31 2PY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £103,917 median price is £116,000 Standard Deviation is £32,676 with Total Sold: 6
    • The Last 5 Year average price is £122,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 21 CHERRY TREE WALK: £120,000 (Sold on 24 Oct 2022)
    • The first recorded sale happened at this postcode is 1 CHERRY TREE WALK: £39,500 (Sold on 09 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 2PY 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
2022£116,000 £1,335 2
2021£135,000 £1,588 1
2016£130,000 £1,529 1
2014£87,000 £1,024 1
1995£39,5001

All the Sales in the CHERRY TREE WALK, NE31 2PY

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

AddressSold DatePrice% Change
21 CHERRY TREE WALKTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196624 Oct 2022£120,000First Sale
15 CHERRY TREE WALKTerraced, FreeholdArea: 89 Sq.mtrAge: 1950-196616 Aug 2022£112,000First Sale
5 CHERRY TREE WALKTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196621 Dec 2021£135,00055.17%
18 Aug 2014£87,000First Sale
7 CHERRY TREE WALKTerraced, FreeholdArea: 85 Sq.mtrAge: 1967-197529 Apr 2016£130,000First Sale
1 CHERRY TREE WALKTerraced, Freehold09 Jun 1995£39,500First Sale

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

CHERRY TREE WALK, NE31 2PY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £94,783 median price is £95,000 Standard Deviation is £38,622 with Total Sold: 698
    • The Last 5 Year average price is £127,828 with Total Sold: 155
    • 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 £56,815 median price is £60,000 Standard Deviation is £22,719 with Total Sold: 98
    • The Last 5 Year average price is £66,226 with Total Sold: 19
    • 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)
  • Terraced
    • The average price is around £81,489 median price is £85,000 Standard Deviation is £30,323 with Total Sold: 184
    • The Last 5 Year average price is £105,636 with Total Sold: 47
    • 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)
  • Other
    • The average price is around £56,562 median price is £54,875 Standard Deviation is £48,580 with Total Sold: 4
    • The Last 5 Year average price is £9,750 with Total Sold: 1
    • 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)
  • Detached
    • The average price is around £179,044 median price is £190,000 Standard Deviation is £78,102 with Total Sold: 34
    • The Last 5 Year average price is £219,860 with Total Sold: 5
    • The most recent sale happened at this postcode is , 6 EBBA POINT: £290,000 (Sold on 08 Aug 2022)
    • The first recorded sale happened at this postcode is , 38 ST JOHNS AVENUE: £72,268 (Sold on 22 Sep 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£146,068 £1,816 14
2023£137,921 £1,721 19
2022£133,536 £1,538 29
2021£127,635 £1,490 34
2020£127,032 £1,505 22
2019£111,922 £1,367 37
2018£104,947 £1,281 31
2017£105,810 £1,289 24
2016£107,562 £1,237 32
2015£104,963 £1,296 23
2014£110,929 £1,266 26
2013£91,398 £1,107 20
2012£92,255 £1,122 22
2011£99,497 £1,151 19
2010£92,307 £1,098 21
2009£96,696 £1,224 13
2008£116,331 £1,300 12
2007£105,856 £1,379 33
2006£107,676 £1,316 41
2005£94,956 £1,127 27
2004£99,344 £1,086 34
2003£68,144 £802 16
2002£53,659 £570 31
2001£46,426 £560 25
2000£52,828 £705 15
1999£37,393 £472 15
1998£40,268 £457 17
1997£40,191 £479 17
1996£35,114 £379 11
1995£33,428 £334 18
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£63,750 £928 4
2018£51,262 £807 4
2017£68,304 £1,032 2
2016£44,975 £653 4
2015£56,875 £865 4
2014£60,600 £1,063 5
2013£62,000 £653 1
2012£69,950 £908 1
2011£58,500 £839 2
2010£66,000 £662 1
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£77,279 £1,150 7
2003£42,862 £734 4
2002£28,350 £446 7
2000£22,612 £434 4
1999£22,7501
1998£24,950 £734 1
1997£23,000 £343 1
1996£19,233 £319 3
1995£52,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£110,833 £761 3
2023£104,857 £1,251 7
2022£104,682 £1,226 11
2021£110,354 £1,316 14
2020£98,790 £1,221 5
2019£101,143 £1,186 7
2018£90,250 £1,099 6
2017£82,750 £975 6
2016£99,035 £1,148 10
2015£85,036 £1,136 11
2014£86,925 £1,031 8
2013£91,071 £1,133 7
2012£83,750 £1,024 6
2011£90,000 £1,108 2
2010£81,125 £1,100 4
2009£87,500 £989 2
2008£94,900 £1,063 6
2007£88,250 £1,202 6
2006£98,242 £1,183 6
2005£79,000 £1,002 8
2004£71,700 £1,000 5
2003£61,787 £709 12
2002£45,050 £519 8
2001£39,833 £545 3
2000£30,500 £548 2
1999£23,000 £329 1
1998£32,000 £372 1
1997£30,439 £339 7
1996£36,000 £388 5
1995£28,250 £286 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£9,750 £108 1
2017£105,000 £1,142 2
2016£6,500 £69 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£290,000 £2,710 1
2021£235,000 £2,282 1
2020£219,300 £1,924 1
2019£177,500 £1,710 2
2017£184,500 £1,591 1
2016£235,698 £2,169 10
2015£246,330 £2,155 3
2014£159,500 £1,720 2
2012£88,000 £1,222 1
2009£325,000 £1,512 1
2006£153,000 £1,342 1
2004£148,950 £1,558 1
2003£122,500 £1,075 1
2002£89,000 £931 1
2001£83,5001
2000£69,750 £693 4
1998£27,5001
1997£72,268 £939 1

House Type in NE31 2PY area

The most common house types in the NE31 2PY postcode area are Terraced (64), Semi-detached (52), and Flat (3).

Total123
Terraced64
Semi-detached52
Flat3
Shared house3
Detached1
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 (55), and Owned: Owns with a mortgage or loan (26).

Social rented: Rents from council or Local Authority55
Owned: Owns with a mortgage or loan26
Owned: Owns outright20
Private rented: Private landlord or letting agency11
Social rented: Other social rented10
Lives rent free2
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0

Number of People in a Household

The most houses in the NE31 2PY have 1 person in household (59), and 2 people in household (30).

1 person in household59
2 people in household30
3 people in household15
4 people in household15
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0