Housing Market Analysis for HOSPITAL DRIVE, NE31 2TH

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

Overview of Sold House prices

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

  • Other
    • The average price is around £401,420 median price is £401,420 Standard Deviation is £251,420 with Total Sold: 2
    • The most recent sale happened at this postcode is GATESHEAD & SOUTH TYNESIDE HOSPITAL DRIVE: £150,000 (Sold on 10 Jul 2017)
    • The first recorded sale happened at this postcode is ROSE LODGE HOSPITAL DRIVE: £652,839 (Sold on 27 Mar 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NE31 2TH 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
2017£401,4202

All the Sales in the HOSPITAL DRIVE, NE31 2TH

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

AddressSold DatePrice% Change
GATESHEAD & SOUTH TYNESIDE HOSPITAL DRIVEOther, Freehold10 Jul 2017£150,000First Sale
ROSE LODGE HOSPITAL DRIVEOther, Leasehold27 Mar 2017£652,839First Sale

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

HOSPITAL DRIVE, NE31 2TH Near By properties

Interactive Map

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

  • Other
    • The average price is around £654,312 median price is £157,500 Standard Deviation is £1,865,216 with Total Sold: 18
    • The Last 5 Year average price is £241,667 with Total Sold: 6
    • 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 , 10 ALFRED STREET: £48,000 (Sold on 07 Oct 2016)
  • Detached
    • The average price is around £229,184 median price is £235,000 Standard Deviation is £87,555 with Total Sold: 312
    • The Last 5 Year average price is £293,624 with Total Sold: 122
    • 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 , 40 NORTH DRIVE: £75,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £119,097 median price is £117,250 Standard Deviation is £56,746 with Total Sold: 884
    • The Last 5 Year average price is £178,133 with Total Sold: 195
    • The most recent sale happened at this postcode is , 27 LAMBLEY CRESCENT: £218,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 31 HARTLEYBURN AVENUE: £47,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £93,361 median price is £90,000 Standard Deviation is £48,956 with Total Sold: 254
    • The Last 5 Year average price is £142,040 with Total Sold: 45
    • 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 , 86 TENNANT STREET: £31,440 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £58,747 median price is £62,000 Standard Deviation is £25,486 with Total Sold: 51
    • The Last 5 Year average price is £73,748 with Total Sold: 4
    • The most recent sale happened at this postcode is , 2 ALFRED STREET: £94,995 (Sold on 18 Aug 2023)
    • The first recorded sale happened at this postcode is , 14 ALFRED STREET: £29,950 (Sold on 22 Mar 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,5002
2022£155,000 £2,101 2
2021£422,5002
2019£127,430 £1,159 5
2017£2,318,116 £87,417 4
2016£139,333 £814 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£330,889 £2,823 9
2023£289,533 £2,379 15
2022£292,955 £2,395 22
2021£310,607 £2,421 41
2020£266,321 £2,432 35
2019£260,782 £2,318 42
2018£248,595 £2,283 31
2017£214,833 £2,200 3
2016£178,800 £1,721 5
2015£211,000 £2,243 3
2014£209,400 £1,856 5
2013£185,500 £1,846 4
2012£157,667 £1,816 3
2011£155,238 £1,948 4
2010£239,0001
2009£241,250 £1,793 2
2008£230,0001
2007£211,362 £2,705 4
2006£223,556 £2,037 8
2005£206,250 £1,525 6
2004£196,935 £1,706 10
2003£154,056 £1,814 9
2002£106,300 £1,069 5
2001£86,500 £865 5
2000£74,489 £883 10
1999£78,883 £750 3
1998£64,250 £601 4
1997£72,315 £827 8
1996£73,079 £652 7
1995£71,179 £714 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£192,252 £2,062 21
2023£183,419 £1,950 36
2022£182,400 £2,094 47
2021£174,173 £1,916 51
2020£165,999 £1,819 40
2019£149,743 £1,771 45
2018£126,591 £1,522 41
2017£131,596 £1,412 23
2016£127,500 £1,385 32
2015£124,302 £1,402 23
2014£123,785 £1,316 23
2013£116,177 £1,353 22
2012£110,224 £1,241 19
2011£122,410 £1,440 24
2010£116,269 £1,254 24
2009£113,614 £1,299 14
2008£135,198 £1,545 19
2007£143,400 £1,614 26
2006£125,110 £1,408 29
2005£136,550 £1,431 20
2004£127,385 £1,271 44
2003£101,623 £993 26
2002£77,052 £896 30
2001£63,583 £672 32
2000£62,031 £801 28
1999£48,927 £514 31
1998£50,878 £565 39
1997£45,258 £518 20
1996£43,866 £497 31
1995£45,131 £405 24
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£142,5002
2023£150,375 £1,653 4
2022£147,500 £1,680 10
2021£138,754 £1,729 23
2020£139,825 £1,546 6
2019£119,691 £1,520 11
2018£123,920 £1,712 10
2017£105,867 £1,134 6
2016£109,583 £1,197 6
2015£107,750 £1,140 4
2014£97,800 £1,018 5
2013£92,125 £813 4
2012£89,871 £1,176 4
2011£97,607 £1,002 7
2010£66,367 £613 3
2009£106,800 £1,008 5
2008£100,857 £1,007 7
2007£113,872 £1,256 16
2006£116,575 £1,225 12
2005£119,188 £1,489 8
2004£107,030 £1,438 10
2003£81,570 £999 15
2002£55,295 £402 10
2001£53,833 £647 9
2000£31,458 £378 6
1999£42,692 £461 12
1998£46,370 £544 10
1997£37,773 £415 11
1996£37,540 £350 10
1995£30,211 £263 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£94,995 £1,532 1
2022£51,000 £989 2
2020£98,000 £1,000 1
2019£90,000 £1,098 1
2018£71,000 £1,145 1
2017£87,000 £1,403 1
2016£64,750 £883 4
2015£40,000 £607 1
2014£62,667 £1,146 3
2010£74,500 £1,180 2
2009£73,550 £1,152 1
2008£78,9752
2007£58,625 £812 4
2006£95,725 £1,257 4
2005£79,633 £1,356 3
2004£69,983 £1,204 3
2003£42,333 £769 3
2002£32,650 £516 3
2001£30,000 £484 1
2000£27,333 £559 3
1999£27,500 £403 2
1998£24,950 £734 1
1997£26,5001
1996£23,000 £373 2
1995£29,9501

House Type in NE31 2TH area

The most common house types in the NE31 2TH postcode area are Semi-detached (112), Detached (2), and Terraced (1).

Total116
Semi-detached112
Detached2
Terraced1
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 outright (43), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright43
Owned: Owns with a mortgage or loan35
Social rented: Rents from council or Local Authority30
Private rented: Private landlord or letting agency5
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE31 2TH have 1 person in household (42), and 2 people in household (37).

1 person in household42
2 people in household37
3 people in household16
4 people in household14
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0