Housing Market Analysis for GROVE PARK AVENUE, NE3 1BQ

Are you looking to understand NE3 1BQ 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 1BQ area, explore the NE3 1BQ Area information page.
For comprehensive crime statistics in the NE3 1BQ area, explore the NE3 1BQ Crime Rates page.

Overview of Sold House prices

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

Semi-Detached
- The average price is around £435,055 median price is £399,999 Standard Deviation is £68,425 with Total Sold: 9
- The Last 5 Year average price is £415,000 with Total Sold: 2
- The most recent sale happened at this postcode is 2 GROVE PARK AVENUE: £435,000 (Sold on 21 Oct 2022)
- The first recorded sale happened at this postcode is 21 GROVE PARK AVENUE: £390,000 (Sold on 30 Jun 2004)
Terraced
- The average price is around £399,682 median price is £395,000 Standard Deviation is £58,685 with Total Sold: 33
- The Last 5 Year average price is £478,929 with Total Sold: 7
- The most recent sale happened at this postcode is 23 GROVE PARK AVENUE: £550,000 (Sold on 29 Sep 2021)
- The first recorded sale happened at this postcode is 15 GROVE PARK AVENUE: £610,000 (Sold on 05 Aug 2024)
Detached
- The average price is around £407,167 median price is £415,000 Standard Deviation is £12,154 with Total Sold: 3
- The most recent sale happened at this postcode is 5 GROVE PARK AVENUE: £390,000 (Sold on 11 Nov 2009)
- The first recorded sale happened at this postcode is 5 GROVE PARK AVENUE: £416,500 (Sold on 27 Aug 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 1BQ 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
2022	£435,000	£2,900	1
2019	£395,000	£2,141	1
2007	£390,750		2
2004	£460,800	£2,391	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£475,000	£2,242	3
2020	£485,000	£3,233	1
2019	£416,250	£2,729	2
2017	£400,000	£2,721	1
2016	£365,000		1
2015	£392,750	£2,670	2
2014	£365,333	£1,989	3
2013	£345,000	£2,749	1
2009	£352,500	£2,816	3
2007	£445,000		1
2005	£398,000	£2,503	1
2004	£380,385	£2,512	13
2024	£610,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£390,000	£2,695	1
2007	£415,000	£2,868	1
2004	£416,500	£2,878	1

All the Sales in the GROVE PARK AVENUE, NE3 1BQ

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

Address	Sold Date	Price	% Change
2 GROVE PARK AVENUESemi-Detached, FreeholdArea: 150 Sq.mtrAge: 2003-2006	21 Oct 2022	£435,000	12.99%
	05 Jul 2004	£385,000	First Sale
23 GROVE PARK AVENUETerraced, FreeholdArea: 147 Sq.mtrAge: 1996-2002	29 Sep 2021	£550,000	27.17%
	06 May 2019	£432,500	8.12%
	07 Nov 2017	£400,000	5.26%
	24 Nov 2009	£380,000	0.0
	30 Jun 2004	£380,000	First Sale
9 GROVE PARK AVENUETerraced, FreeholdArea: 567 Sq.mtrAge: 2003-2006	26 Mar 2021	£480,000	21.52%
	22 Mar 2014	£395,000	0.0
	15 Apr 2004	£395,000	First Sale
15 GROVE PARK AVENUETerraced, FreeholdArea: 184.7 Sq.mtrAge: 2003-2006	15 Mar 2021	£395,000	-3.66%
	25 Jun 2004	£410,000	-32.79%
	05 Aug 2024	£610,000	First Sale
25 GROVE PARK AVENUETerraced, FreeholdArea: 150 Sq.mtrAge: 2003-2006	15 Dec 2020	£485,000	21.10%
	05 Nov 2015	£400,500	5.39%
	09 Jul 2004	£380,000	First Sale
17 GROVE PARK AVENUESemi-Detached, FreeholdArea: 184.5 Sq.mtrAge: 2003-2006	05 Sep 2019	£395,000	-3.42%
	02 Jul 2004	£409,000	First Sale
13 GROVE PARK AVENUETerraced, FreeholdArea: 159 Sq.mtrAge: 2003-2006	05 Jul 2019	£400,000	10.34%
	23 Oct 2009	£362,500	-8.92%
	11 Feb 2005	£398,000	-2.93%
	27 May 2004	£410,000	First Sale
10 GROVE PARK AVENUETerraced, Freehold	03 Jun 2016	£365,000	0.0
10 GROVE PARK AVENUETerraced, Freehold	25 Jun 2004	£365,000	First Sale
19 GROVE PARK AVENUETerraced, Freehold	12 Feb 2015	£385,000	-1.28%
19 GROVE PARK AVENUETerraced, Freehold	05 Jul 2004	£390,000	First Sale
6 GROVE PARK AVENUETerraced, FreeholdArea: 133 Sq.mtrAge: 2007 onwards	03 Oct 2014	£356,000	3.19%
	28 Feb 2014	£345,000	1.47%
	23 Jul 2004	£340,000	First Sale
4 GROVE PARK AVENUETerraced, FreeholdArea: 125.51 Sq.mtrAge: 2003-2006	29 Nov 2013	£345,000	-2.82%
	23 Jul 2004	£355,000	First Sale
5 GROVE PARK AVENUEDetached, FreeholdArea: 144.7 Sq.mtrAge: 2003-2006	11 Nov 2009	£390,000	-6.02%
	17 Aug 2007	£415,000	-0.36%
	27 Aug 2004	£416,500	First Sale
12 GROVE PARK AVENUETerraced, FreeholdArea: 87.94 Sq.mtrAge: 2003-2006	28 Sep 2009	£315,000	-10.00%
	27 Aug 2004	£350,000	First Sale
7 GROVE PARK AVENUETerraced, Freehold	29 Nov 2007	£445,000	12.66%
7 GROVE PARK AVENUETerraced, Freehold	30 Apr 2004	£395,000	First Sale
21 GROVE PARK AVENUESemi-Detached, Freehold	10 Oct 2007	£399,999	2.56%
21 GROVE PARK AVENUESemi-Detached, Freehold	30 Jun 2004	£390,000	First Sale
11 GROVE PARK AVENUESemi-Detached, Freehold	16 Feb 2007	£381,500	-6.95%
11 GROVE PARK AVENUESemi-Detached, Freehold	29 Apr 2004	£410,000	First Sale
1 GROVE PARK AVENUESemi-Detached, FreeholdArea: 234.37 Sq.mtrAge: 2003-2006	29 Oct 2004	£560,000	First Sale
3 GROVE PARK AVENUESemi-Detached, Freehold	27 Aug 2004	£560,000	First Sale
8 GROVE PARK AVENUETerraced, FreeholdArea: 139 Sq.mtrAge: 2003-2006	04 Jun 2004	£365,000	First Sale

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

GROVE PARK AVENUE, NE3 1BQ Near By properties

Interactive Map

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

Detached
- The average price is around £517,051 median price is £394,000 Standard Deviation is £376,507 with Total Sold: 177
- The Last 5 Year average price is £809,654 with Total Sold: 27
- The most recent sale happened at this postcode is , 1 MILL RISE: £490,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 12 GOSFORTH TERRACE: £109,000 (Sold on 21 Feb 1995)
Flat
- The average price is around £139,045 median price is £130,000 Standard Deviation is £86,288 with Total Sold: 2,196
- The Last 5 Year average price is £189,184 with Total Sold: 276
- The most recent sale happened at this postcode is , 22 AUDLEY ROAD: £194,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 24, ETTRICK LODGE, 36 THE GROVE: £80,000 (Sold on 06 Jan 1995)
Other
- The average price is around £357,869 median price is £188,500 Standard Deviation is £1,279,010 with Total Sold: 88
- The Last 5 Year average price is £232,171 with Total Sold: 54
- The most recent sale happened at this postcode is , 36 BOWSDEN TERRACE: £210,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is UNIT 2, GOSFORTH INDUSTRIAL ESTATE CHRISTON ROAD: £420,000 (Sold on 07 Aug 2014)
Semi-Detached
- The average price is around £259,497 median price is £215,000 Standard Deviation is £193,587 with Total Sold: 710
- The Last 5 Year average price is £412,478 with Total Sold: 105
- The most recent sale happened at this postcode is , 19 BELLE VUE AVENUE: £769,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 7 DENE CRESCENT: £25,000 (Sold on 28 Feb 1995)
Terraced
- The average price is around £246,893 median price is £241,750 Standard Deviation is £144,940 with Total Sold: 1,578
- The Last 5 Year average price is £385,258 with Total Sold: 242
- 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)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,045,000		2
2023	£733,333	£2,991	3
2022	£696,400	£4,040	5
2021	£756,833	£3,718	6
2020	£800,200	£2,921	5
2019	£924,442	£3,646	6
2018	£1,695,000	£3,531	1
2017	£568,857	£3,191	7
2016	£606,188	£2,618	8
2015	£620,400	£3,039	5
2014	£581,250	£3,597	4
2013	£697,748	£2,479	5
2012	£372,500	£1,365	2
2011	£350,000	£2,160	1
2010	£757,500	£2,935	6
2009	£532,500	£2,595	10
2008	£413,750	£2,465	4
2007	£545,000	£2,923	7
2006	£552,354	£2,597	19
2005	£652,708	£3,062	12
2004	£318,541	£2,089	11
2003	£380,000	£1,943	5
2002	£284,893	£1,633	7
2001	£304,750	£1,197	4
2000	£356,167	£1,238	6
1999	£191,000	£601	4
1998	£181,457	£864	7
1997	£205,250	£921	4
1996	£118,500	£1,153	4
1995	£195,643	£1,007	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£199,250	£2,816	18
2023	£192,933	£2,747	49
2022	£199,162	£2,691	53
2021	£181,483	£2,509	65
2020	£181,541	£2,667	33
2019	£186,755	£2,501	58
2018	£167,371	£2,414	69
2017	£186,391	£2,529	69
2016	£167,777	£2,288	63
2015	£159,415	£2,225	85
2014	£151,252	£2,159	73
2013	£159,229	£2,189	69
2012	£163,009	£2,210	37
2011	£167,763	£2,255	55
2010	£165,271	£2,421	45
2009	£162,316	£2,323	65
2008	£152,755	£2,188	46
2007	£163,508	£2,259	88
2006	£179,908	£2,370	119
2005	£203,332	£2,771	157
2004	£161,247	£2,278	93
2003	£132,177	£1,939	82
2002	£95,381	£1,335	89
2001	£94,623	£1,283	134
2000	£71,193	£1,014	105
1999	£54,827	£843	85
1998	£60,904	£823	78
1997	£54,671	£764	85
1996	£46,945	£722	77
1995	£46,643	£632	52

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,571		6
2023	£255,836	£3,097	5
2022	£208,358	£2,606	13
2021	£260,029	£2,743	17
2020	£187,500	£2,551	7
2019	£186,825	£1,630	6
2018	£186,400	£1,933	10
2017	£181,996	£2,289	14
2016	£174,917	£1,882	6
2015	£6,205,000		2
2014	£541,900	£6,159	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£537,045	£3,677	11
2023	£397,474	£3,207	19
2022	£473,631	£3,674	16
2021	£372,081	£3,166	21
2020	£418,568	£2,815	21
2019	£333,471	£2,755	17
2018	£287,250	£2,852	18
2017	£325,812	£2,611	28
2016	£367,081	£2,457	18
2015	£344,856	£2,588	25
2014	£331,680	£2,745	15
2013	£311,987	£2,385	15
2012	£270,668	£2,165	19
2011	£278,000	£2,221	23
2010	£394,209	£2,577	22
2009	£255,676	£2,101	17
2008	£266,906	£1,851	16
2007	£297,281	£2,263	28
2006	£294,108	£2,136	36
2005	£357,608	£2,189	30
2004	£303,594	£2,213	33
2003	£227,077	£1,658	24
2002	£162,317	£1,276	40
2001	£135,066	£969	25
2000	£116,465	£875	36
1999	£125,447	£787	32
1998	£99,164	£731	32
1997	£108,081	£714	27
1996	£86,357	£725	28
1995	£68,625	£623	18

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£491,350	£2,942	10
2023	£444,411	£3,161	44
2022	£385,055	£2,821	32
2021	£381,599	£2,673	63
2020	£340,797	£2,764	48
2019	£356,536	£2,505	45
2018	£342,929	£2,494	56
2017	£321,771	£2,337	53
2016	£377,052	£2,415	54
2015	£310,724	£2,271	58
2014	£315,659	£2,247	52
2013	£310,962	£2,154	40
2012	£288,546	£2,095	35
2011	£267,574	£2,158	39
2010	£274,643	£2,070	43
2009	£262,751	£1,999	37
2008	£254,982	£1,952	31
2007	£266,067	£1,908	65
2006	£283,336	£2,039	78
2005	£251,823	£2,043	46
2004	£311,138	£2,183	74
2003	£226,064	£1,748	58
2002	£152,735	£1,406	64
2001	£130,652	£1,007	75
2000	£114,031	£825	58
1999	£115,574	£765	73
1998	£98,927	£751	71
1997	£83,272	£645	65
1996	£75,446	£515	64
1995	£82,923	£579	47

House Type in NE3 1BQ area

The most common house types in the NE3 1BQ postcode area are Terraced (110), Flat (75), and Semi-detached (40).

Total	239
Terraced	110
Flat	75
Semi-detached	40
Detached	14
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 (123), and Owned: Owns with a mortgage or loan (71).

Owned: Owns outright	123
Owned: Owns with a mortgage or loan	71
Private rented: Private landlord or letting agency	41
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE3 1BQ have 2 people in household (83), and 1 person in household (73).

2 people in household	83
1 person in household	73
3 people in household	39
4 people in household	37
5 people in household	7
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0