Housing Market Analysis for GRASMERE ROAD, NE31 2RW

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £81,678 median price is £88,975 Standard Deviation is £29,930 with Total Sold: 18
    • The Last 5 Year average price is £113,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 13 GRASMERE ROAD: £121,000 (Sold on 22 Sep 2023)
    • The first recorded sale happened at this postcode is 4 GRASMERE ROAD: £29,000 (Sold on 23 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 2RW 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
2023£113,000 £1,438 4
2019£80,000 £1,250 1
2018£125,000 £1,628 1
2017£94,000 £1,093 1
2016£70,000 £912 1
2015£71,000 £947 1
2010£88,000 £1,146 1
2008£95,000 £1,234 1
2006£89,950 £1,139 1
2005£92,0001
2003£62,000 £808 1
2002£65,0001
2000£28,6252
1995£29,0001

All the Sales in the GRASMERE ROAD, NE31 2RW

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

AddressSold DatePrice% Change
13 GRASMERE ROADSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-196622 Sep 2023£121,0000.0
22 Sep 2023£121,0005.22%
01 Sep 2023£115,00027.85%
06 Mar 2006£89,950First Sale
18 GRASMERE ROADSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196619 Jan 2023£95,0000.0
11 Nov 2008£95,000First Sale
16 GRASMERE ROADSemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1950-196626 Jul 2019£80,000First Sale
17 GRASMERE ROADSemi-Detached, FreeholdArea: 76.773 Sq.mtrAge: 1950-196628 Nov 2018£125,00078.57%
24 Mar 2016£70,000-20.45%
21 Oct 2010£88,00041.94%
07 Apr 2003£62,000First Sale
5 GRASMERE ROADSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-196628 Mar 2017£94,000First Sale
14 GRASMERE ROADSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-196630 Apr 2015£71,000First Sale
4 GRASMERE ROADSemi-Detached, Freehold18 Nov 2005£92,000220.00%
15 Sep 2000£28,750-0.86%
23 Jun 1995£29,000First Sale
2 GRASMERE ROADSemi-Detached, Freehold27 Nov 2002£65,000128.07%
31 May 2000£28,500First Sale

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

GRASMERE ROAD, NE31 2RW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £112,310 median price is £103,500 Standard Deviation is £56,660 with Total Sold: 528
    • The Last 5 Year average price is £159,551 with Total Sold: 118
    • 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 , 12 ELMFIELD ROAD: £22,250 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £54,154 median price is £57,975 Standard Deviation is £22,889 with Total Sold: 86
    • The Last 5 Year average price is £61,800 with Total Sold: 13
    • The most recent sale happened at this postcode is , 67 CAMBRIDGE AVENUE: £80,000 (Sold on 10 Sep 2024)
    • The first recorded sale happened at this postcode is , 45 USHAW ROAD: £14,000 (Sold on 18 Jul 1995)
  • Detached
    • The average price is around £198,721 median price is £211,000 Standard Deviation is £78,283 with Total Sold: 167
    • The Last 5 Year average price is £270,449 with Total Sold: 39
    • The most recent sale happened at this postcode is , 93 SULLIVAN WALK: £260,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 12 HIGH BACK CLOSE: £83,500 (Sold on 14 Jul 1995)
  • Terraced
    • The average price is around £116,592 median price is £105,000 Standard Deviation is £55,483 with Total Sold: 169
    • The Last 5 Year average price is £150,154 with Total Sold: 57
    • The most recent sale happened at this postcode is , 31 ADAIR WAY: £180,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is 12, MONKTON HALL : £33,000 (Sold on 12 Apr 1996)
  • Other
    • The average price is around £432,483 median price is £195,000 Standard Deviation is £569,866 with Total Sold: 31
    • The Last 5 Year average price is £293,609 with Total Sold: 16
    • The most recent sale happened at this postcode is , POLICE STATION VICTORIA ROAD EAST: £365,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is , HEBBURN COURT NURSING HOME WITTY AVENUE: £376,686 (Sold on 30 Sep 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£168,730 £2,582 11
2023£168,189 £1,626 32
2022£166,659 £1,820 22
2021£152,848 £1,847 28
2020£145,710 £1,558 25
2019£123,348 £1,634 29
2018£129,652 £1,471 23
2017£139,731 £1,628 26
2016£114,183 £1,393 23
2015£98,760 £1,312 20
2014£127,026 £1,467 19
2013£105,667 £1,296 9
2012£116,688 £1,270 8
2011£112,778 £1,266 9
2010£94,383 £1,108 9
2009£111,062 £1,474 8
2008£126,595 £1,281 10
2007£124,320 £1,381 19
2006£117,008 £1,342 24
2005£108,205 £1,474 21
2004£102,110 £1,145 26
2003£84,283 £936 15
2002£59,875 £648 23
2001£64,066 £723 19
2000£41,478 £462 18
1999£49,931 £581 8
1998£63,938 £696 16
1997£52,819 £622 12
1996£38,500 £453 1
1995£37,647 £373 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£77,0003
2023£48,180 £648 5
2021£71,333 £1,141 3
2020£58,750 £975 2
2019£59,833 £982 3
2018£48,200 £728 3
2017£61,536 £934 3
2016£46,333 £779 6
2015£62,500 £942 3
2014£54,750 £886 4
2013£62,000 £653 1
2012£63,000 £1,000 1
2011£72,000 £959 1
2010£62,000 £725 2
2009£60,000 £779 2
2008£86,200 £1,368 5
2007£64,700 £1,019 5
2006£71,625 £1,180 4
2005£58,000 £1,037 3
2004£74,700 £1,071 7
2003£37,333 £613 3
2002£24,398 £429 6
2001£8,5001
1999£22,7501
1998£17,000 £296 2
1997£19,200 £343 2
1996£17,900 £260 3
1995£33,000 £222 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,0001
2023£276,905 £3,264 11
2022£330,055 £2,902 9
2021£267,000 £2,717 9
2020£207,561 £2,128 9
2019£218,000 £1,929 1
2018£234,662 £2,339 9
2017£220,458 £2,372 13
2016£207,833 £2,119 6
2015£211,750 £2,237 4
2014£173,300 £1,886 5
2013£186,000 £1,684 3
2012£210,238 £1,747 4
2011£220,488 £2,111 4
2010£253,250 £2,412 4
2009£220,000 £2,037 2
2007£281,000 £1,928 3
2006£214,590 £1,821 5
2005£211,700 £1,871 7
2004£206,612 £1,826 12
2003£145,125 £1,389 4
2002£134,944 £1,207 9
2001£154,367 £941 3
2000£91,583 £893 6
1999£96,612 £820 4
1998£94,973 £783 8
1997£71,5001
1996£75,357 £677 7
1995£79,625 £915 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,625 £1,482 4
2023£189,388 £1,230 18
2022£133,440 £1,586 11
2021£141,770 £2,083 15
2020£114,769 £1,778 9
2019£130,249 £1,690 4
2018£134,643 £1,933 13
2017£138,417 £1,811 13
2016£104,862 £1,038 4
2015£78,362 £1,060 8
2014£138,332 £1,084 6
2013£87,750 £1,009 1
2011£111,667 £1,114 3
2010£62,000 £629 1
2009£107,250 £1,124 4
2008£101,840 £1,069 5
2007£120,825 £1,746 6
2006£103,550 £1,410 8
2005£79,270 £992 10
2004£75,779 £922 7
2003£53,837 £744 5
2002£61,833 £693 3
2001£41,000 £451 1
2000£69,750 £680 2
1998£31,2502
1997£24,857 £389 3
1996£42,167 £940 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£213,8899
2022£429,871 £108 2
2021£155,750 £2,235 2
2020£533,832 £1,002 3
2019£491,278 £547 2
2018£1,040,598 £2,240 5
2017£356,748 £2,357 6
2016£6,500 £69 1
2015£376,6861

House Type in NE31 2RW area

The most common house types in the NE31 2RW postcode area are Semi-detached (117), commercial building (3), and Detached (1).

Total122
Semi-detached117
commercial building3
Detached1
Terraced1
Flat0
Shared house0
converted 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 (44), and Owned: Owns with a mortgage or loan (35).

Social rented: Rents from council or Local Authority44
Owned: Owns with a mortgage or loan35
Owned: Owns outright29
Private rented: Private landlord or letting agency9
Social rented: Other social rented5
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE31 2RW have 2 people in household (41), and 1 person in household (37).

2 people in household41
1 person in household37
3 people in household20
4 people in household19
5 people in household6
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0