Housing Market Analysis for GROVE PARK SQUARE, NE3 1BN

Are you looking to understand NE3 1BN 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 Newcastle upon Tyne postcode.

For the location information and nearby amenities in the NE3 1BN area, explore the NE3 1BN Area information page.
For comprehensive crime statistics in the NE3 1BN area, explore the NE3 1BN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE3 1BN postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £723,925 median price is £750,000 Standard Deviation is £99,416 with Total Sold: 20
- The Last 5 Year average price is £781,667 with Total Sold: 3
- The most recent sale happened at this postcode is 16 GROVE PARK SQUARE: £850,000 (Sold on 26 Sep 2023)
- The first recorded sale happened at this postcode is 15 GROVE PARK SQUARE: £570,000 (Sold on 12 Sep 2005)
Detached
- The average price is around £816,344 median price is £775,000 Standard Deviation is £140,719 with Total Sold: 16
- The most recent sale happened at this postcode is 4 GROVE PARK SQUARE: £799,500 (Sold on 04 Jan 2017)
- The first recorded sale happened at this postcode is 9 GROVE PARK SQUARE: £795,000 (Sold on 30 Aug 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 1BN 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£850,000	£3,881	1
2021	£747,500	£3,644	2
2017	£860,000	£2,833	2
2016	£795,000	£2,650	1
2015	£693,750	£2,843	2
2010	£860,000		1
2007	£703,000		2
2006	£622,500	£3,006	4
2005	£695,000	£2,509	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£799,500	£3,040	1
2016	£900,000	£2,786	1
2013	£1,200,000	£3,509	1
2007	£825,000	£2,750	1
2006	£756,714	£3,214	7
2005	£808,000	£3,231	5

All the Sales in the GROVE PARK SQUARE, NE3 1BN

See the table below for more details on the sold house prices in the NE3 1BN, Newcastle upon Tyne postcode.

Address	Sold Date	Price	% Change
16 GROVE PARK SQUARESemi-Detached, FreeholdArea: 219 Sq.mtrAge: 2003-2006	26 Sep 2023	£850,000	9.68%
	29 Jun 2021	£775,000	18.32%
	08 Dec 2006	£655,000	14.91%
	04 Oct 2005	£570,000	First Sale
14 GROVE PARK SQUARESemi-Detached, FreeholdArea: 192 Sq.mtrAge: 2007 onwards	10 Dec 2021	£720,000	12.94%
	31 Jul 2015	£637,500	9.91%
	17 Feb 2006	£580,000	First Sale
11 GROVE PARK SQUARESemi-Detached, Freehold	12 Oct 2017	£870,000	1.16%
	05 Aug 2010	£860,000	10.97%
	03 Oct 2005	£775,000	First Sale
12 GROVE PARK SQUARESemi-Detached, FreeholdArea: 300 Sq.mtrAge: 2003-2006	14 Jul 2017	£850,000	6.92%
	31 Mar 2016	£795,000	-3.64%
	24 Aug 2007	£825,000	5.10%
	22 Sep 2005	£785,000	First Sale
4 GROVE PARK SQUAREDetached, FreeholdArea: 263 Sq.mtrAge: 2003-2006	04 Jan 2017	£799,500	6.60%
	18 Oct 2006	£750,000	7.91%
	09 Mar 2006	£695,000	First Sale
9 GROVE PARK SQUAREDetached, FreeholdArea: 323 Sq.mtrAge: 2003-2006	17 Nov 2016	£900,000	13.21%
	30 Aug 2005	£795,000	First Sale
3 GROVE PARK SQUARESemi-Detached, FreeholdArea: 317 Sq.mtrAge: 2003-2006	29 May 2015	£750,000	2.04%
	31 Mar 2006	£735,000	First Sale
5 GROVE PARK SQUAREDetached, FreeholdArea: 342 Sq.mtrAge: 2003-2006	19 Mar 2013	£1,200,000	20.00%
	20 Dec 2005	£1,000,000	First Sale
1 GROVE PARK SQUARESemi-Detached, Freehold	17 Dec 2007	£750,000	11.11%
1 GROVE PARK SQUARESemi-Detached, Freehold	02 May 2006	£675,000	First Sale
13 GROVE PARK SQUARESemi-Detached, Freehold	12 Dec 2007	£656,000	13.10%
13 GROVE PARK SQUARESemi-Detached, Freehold	24 Feb 2006	£580,000	First Sale
7 GROVE PARK SQUAREDetached, Freehold	24 Oct 2006	£752,000	11.41%
7 GROVE PARK SQUAREDetached, Freehold	28 Nov 2005	£675,000	First Sale
6 GROVE PARK SQUAREDetached, FreeholdArea: 183.34 Sq.mtrAge: 2003-2006	09 Oct 2006	£755,000	11.85%
	28 Nov 2005	£675,000	First Sale
2 GROVE PARK SQUAREDetached, Freehold	10 Mar 2006	£650,000	First Sale
8 GROVE PARK SQUAREDetached, FreeholdArea: 232.06 Sq.mtrAge: 2003-2006	17 Feb 2006	£960,000	7.26%
	26 Oct 2005	£895,000	First Sale
10 GROVE PARK SQUARESemi-Detached, FreeholdArea: 336 Sq.mtrAge: 1996-2002	14 Oct 2005	£775,000	First Sale
15 GROVE PARK SQUARESemi-Detached, Freehold	12 Sep 2005	£570,000	First Sale

Check out the sold house prices near the NE3 1BN postcode. Properties currently for saleProperties currently for rent

GROVE PARK SQUARE, NE3 1BN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE3 1BN 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 NE3 1BN postcode.

Semi-Detached
- The average price is around £303,457 median price is £240,000 Standard Deviation is £240,929 with Total Sold: 682
- The Last 5 Year average price is £488,522 with Total Sold: 89
- The most recent sale happened at this postcode is , 29 WOODBINE AVENUE: £715,000 (Sold on 20 Aug 2024)
- The first recorded sale happened at this postcode is , 4 LINDEN ROAD: £200,000 (Sold on 31 Jan 1995)
Other
- The average price is around £433,250 median price is £202,500 Standard Deviation is £1,437,765 with Total Sold: 69
- The Last 5 Year average price is £285,199 with Total Sold: 42
- The most recent sale happened at this postcode is , 47 ROTHWELL ROAD: £340,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 127 HIGH STREET: £663,800 (Sold on 02 Oct 2014)
Flat
- The average price is around £150,085 median price is £139,500 Standard Deviation is £94,617 with Total Sold: 2,051
- The Last 5 Year average price is £205,736 with Total Sold: 266
- The most recent sale happened at this postcode is 23, HAWTHORN COURT HAWTHORN ROAD: £235,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 24, ETTRICK LODGE, 36 THE GROVE: £80,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £264,107 median price is £250,000 Standard Deviation is £153,883 with Total Sold: 2,004
- The Last 5 Year average price is £426,063 with Total Sold: 306
- The most recent sale happened at this postcode is , 15 GROVE PARK AVENUE: £610,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 12 BEAUMONT TERRACE: £66,000 (Sold on 05 Jan 1995)
Detached
- The average price is around £559,807 median price is £420,000 Standard Deviation is £399,039 with Total Sold: 169
- The Last 5 Year average price is £857,360 with Total Sold: 24
- The most recent sale happened at this postcode is , 30 THE GROVE: £1,600,000 (Sold on 05 Apr 2024)
- The first recorded sale happened at this postcode is , 50 RECTORY ROAD: £270,000 (Sold on 06 Apr 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£594,375	£3,677	12
2023	£539,742	£3,487	19
2022	£487,293	£3,579	14
2021	£411,230	£3,082	17
2020	£502,346	£2,911	14
2019	£403,462	£2,969	13
2018	£398,813	£2,872	19
2017	£433,560	£2,677	24
2016	£489,997	£2,476	17
2015	£490,227	£2,750	22
2014	£450,227	£2,758	13
2013	£431,524	£2,398	13
2012	£319,383	£2,359	15
2011	£341,107	£2,346	18
2010	£409,504	£2,501	27
2009	£368,538	£1,969	12
2008	£313,382	£1,877	17
2007	£309,382	£2,201	31
2006	£350,144	£2,134	31
2005	£376,723	£2,116	29
2004	£365,047	£2,323	35
2003	£257,186	£1,690	21
2002	£183,401	£1,299	38
2001	£147,282	£1,023	30
2000	£134,808	£1,017	36
1999	£154,643	£854	30
1998	£120,484	£770	35
1997	£128,623	£729	31
1996	£97,588	£794	28
1995	£86,509	£626	21

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£297,571		6
2023	£255,836	£3,097	5
2022	£373,721	£2,379	12
2021	£248,545	£2,139	11
2020	£236,667	£2,778	3
2019	£197,020	£1,630	5
2018	£146,333	£2,032	3
2017	£197,745	£2,289	12
2016	£225,575	£2,395	9
2015	£6,205,000		2
2014	£663,800	£6,159	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£197,344	£2,866	16
2023	£201,968	£2,768	45
2022	£218,633	£2,859	57
2021	£191,818	£2,747	55
2020	£216,286	£2,680	38
2019	£204,523	£2,702	55
2018	£183,654	£2,516	60
2017	£196,871	£2,650	64
2016	£187,417	£2,451	49
2015	£172,639	£2,328	73
2014	£157,909	£2,203	71
2013	£168,288	£2,326	64
2012	£171,986	£2,260	40
2011	£189,022	£2,287	60
2010	£176,720	£2,463	42
2009	£184,525	£2,407	52
2008	£156,801	£2,191	40
2007	£184,883	£2,377	78
2006	£187,421	£2,443	117
2005	£205,123	£2,833	155
2004	£167,117	£2,385	91
2003	£139,376	£2,107	75
2002	£109,715	£1,532	122
2001	£103,514	£1,393	116
2000	£74,580	£1,054	95
1999	£59,685	£868	75
1998	£64,925	£842	59
1997	£56,862	£737	86
1996	£45,695	£660	57
1995	£48,137	£653	44

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£495,825	£3,410	20
2023	£478,333	£3,153	53
2022	£417,414	£2,984	49
2021	£415,400	£2,824	70
2020	£408,119	£2,790	62
2019	£389,856	£2,575	52
2018	£363,118	£2,549	68
2017	£349,990	£2,492	78
2016	£392,354	£2,467	68
2015	£326,463	£2,332	68
2014	£345,723	£2,328	61
2013	£314,920	£2,195	51
2012	£302,416	£2,102	41
2011	£318,647	£2,191	44
2010	£298,296	£2,125	56
2009	£274,141	£2,046	44
2008	£287,199	£1,966	47
2007	£294,538	£2,020	81
2006	£291,460	£2,020	97
2005	£257,854	£1,983	56
2004	£314,157	£2,159	87
2003	£253,229	£1,801	70
2002	£162,222	£1,350	85
2001	£148,747	£1,076	96
2000	£130,361	£869	91
1999	£119,733	£812	92
1998	£109,461	£783	87
1997	£99,314	£670	83
1996	£78,243	£564	83
1995	£83,692	£566	64

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,600,000		1
2023	£887,500	£3,051	2
2022	£696,400	£4,040	5
2021	£834,400	£3,954	5
2020	£800,200	£2,921	5
2019	£924,442	£3,646	6
2018	£1,185,000	£3,138	2
2017	£614,917	£3,191	6
2016	£849,312	£2,729	8
2015	£620,400	£3,039	5
2014	£581,250	£3,597	4
2013	£697,748	£2,479	5
2012	£475,000	£1,365	1
2011	£350,000	£2,160	1
2010	£767,167	£2,765	6
2009	£511,909	£2,557	11
2008	£488,000	£2,465	5
2007	£545,000	£2,923	7
2006	£597,196	£2,683	19
2005	£652,708	£3,062	12
2004	£332,177	£2,124	11
2003	£588,750	£2,161	4
2002	£285,389	£1,667	8
2001	£400,000	£1,524	3
2000	£456,875	£1,588	4
1999	£191,000	£601	4
1998	£198,292	£893	6
1997	£292,500		2
1996	£129,800	£1,153	5
1995	£210,083	£1,007	6

House Type in NE3 1BN area

The most common house types in the NE3 1BN postcode area are Flat (132), Detached (34), and Semi-detached (32).

Total	228
Flat	132
Detached	34
Semi-detached	32
Terraced	30
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (133), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	133
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	42
Private rented: Other private rented	4
Social rented: Other social rented	3
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE3 1BN have 1 person in household (95), and 2 people in household (86).

1 person in household	95
2 people in household	86
4 people in household	23
3 people in household	14
5 people in household	9
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0