Housing Market Analysis for GROVE PARK OVAL, NE3 1EG

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

Overview of Sold House prices

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

Flat
- The average price is around £296,804 median price is £275,000 Standard Deviation is £126,828 with Total Sold: 86
- The Last 5 Year average price is £260,143 with Total Sold: 7
- The most recent sale happened at this postcode is 3 GROVE PARK OVAL: £145,000 (Sold on 12 Oct 2023)
- The first recorded sale happened at this postcode is 31 GROVE PARK OVAL: £275,000 (Sold on 08 Apr 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 1EG 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£152,333	£3,025	3
2022	£534,000	£3,761	1
2021	£330,000	£3,012	2
2019	£170,000	£3,013	1
2018	£325,333	£3,086	3
2017	£214,250	£3,320	4
2016	£300,000	£3,030	1
2015	£339,750	£3,134	4
2014	£311,667	£2,740	3
2013	£352,000	£2,964	5
2012	£292,833	£3,404	3
2011	£255,983	£2,593	3
2010	£275,000	£3,395	1
2009	£377,500	£2,707	4
2008	£249,000	£3,085	3
2007	£310,250	£2,827	2
2006	£335,612	£2,970	7
2005	£288,026	£3,126	36

All the Sales in the GROVE PARK OVAL, NE3 1EG

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

Address	Sold Date	Price	% Change
3 GROVE PARK OVALFlat, LeaseholdArea: 47.18 Sq.mtrAge: 2003-2006	12 Oct 2023	£145,000	0.0
	12 Oct 2023	£145,000	0.0
	28 Sep 2012	£145,000	-7.05%
	28 Apr 2005	£156,000	First Sale
12 GROVE PARK OVALFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	01 Mar 2023	£167,000	4.38%
	27 Apr 2005	£160,000	First Sale
38 GROVE PARK OVALFlat, LeaseholdArea: 142 Sq.mtrAge: 1996-2002	24 Oct 2022	£534,000	6.80%
	29 Apr 2005	£500,000	First Sale
32 GROVE PARK OVALFlat, LeaseholdArea: 121 Sq.mtrAge: 2003-2006	27 Aug 2021	£350,000	1.45%
	13 Jun 2008	£345,000	-10.97%
	15 Sep 2006	£387,500	1.97%
	21 Apr 2005	£380,000	First Sale
28 GROVE PARK OVALFlat, LeaseholdArea: 99 Sq.mtrAge: 2003-2006	18 May 2021	£310,000	3.33%
	22 Jul 2016	£300,000	5.26%
	21 Oct 2013	£285,000	-13.64%
	26 May 2006	£330,000	First Sale
11 GROVE PARK OVALFlat, LeaseholdArea: 56.43 Sq.mtrAge: 2003-2006	22 Feb 2019	£170,000	21.43%
	02 Jun 2014	£140,000	3.70%
	10 Nov 2009	£135,000	-15.62%
	12 Apr 2005	£160,000	First Sale
36 GROVE PARK OVALFlat, LeaseholdArea: 84 Sq.mtrAge: 2003-2006	23 Nov 2018	£221,000	47.05%
	10 Feb 2006	£150,286	First Sale
33 GROVE PARK OVALFlat, LeaseholdArea: 135 Sq.mtrAge: 2003-2006	10 Aug 2018	£525,000	20.69%
	09 May 2014	£435,000	8.75%
	22 Mar 2013	£400,000	5.26%
	15 Apr 2005	£380,000	First Sale
14 GROVE PARK OVALFlat, LeaseholdArea: 84 Sq.mtrAge: 2003-2006	11 May 2018	£230,000	-7.98%
	12 Apr 2005	£249,950	First Sale
10 GROVE PARK OVALFlat, LeaseholdArea: 45.88 Sq.mtr	17 Nov 2017	£171,500	8.20%
	30 Aug 2012	£158,500	-0.94%
	25 Jul 2008	£160,000	6.67%
	12 Apr 2005	£150,000	First Sale
16 GROVE PARK OVALFlat, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	25 Oct 2017	£168,000	0.60%
	23 Aug 2005	£167,000	0.0
	12 Apr 2005	£167,000	First Sale
25 GROVE PARK OVALFlat, LeaseholdArea: 78.3 Sq.mtrAge: 2003-2006	22 Sep 2017	£242,500	-3.00%
	19 Dec 2005	£250,000	First Sale
20 GROVE PARK OVALFlat, LeaseholdArea: 84 Sq.mtrAge: 2003-2006	26 Apr 2017	£275,000	3.77%
	12 Apr 2005	£265,000	First Sale
24 GROVE PARK OVALFlat, LeaseholdArea: 51 Sq.mtrAge: 2003-2006	21 Dec 2015	£173,000	0.0
	22 Dec 2005	£173,000	2.98%
	12 Apr 2005	£168,000	First Sale
1 GROVE PARK OVALFlat, LeaseholdArea: 81 Sq.mtrAge: 2003-2006	09 Nov 2015	£230,000	15.00%
	23 May 2013	£200,000	-4.76%
	02 Mar 2011	£210,000	-15.66%
	10 Feb 2006	£249,000	First Sale
9 GROVE PARK OVALFlat, Leasehold	30 Sep 2015	£471,000	17.75%
	16 Sep 2011	£400,000	23.08%
	12 Apr 2005	£325,000	First Sale
18 GROVE PARK OVALFlat, LeaseholdArea: 153 Sq.mtrAge: 2003-2006	16 Jan 2015	£485,000	31.08%
	12 Apr 2005	£370,000	First Sale
5 GROVE PARK OVALFlat, LeaseholdArea: 143 Sq.mtrAge: 2003-2006	14 May 2014	£360,000	-4.00%
	05 Jan 2007	£375,000	15.38%
	03 Jun 2005	£325,000	First Sale
37 GROVE PARK OVALFlat, LeaseholdArea: 161.2 Sq.mtrAge: 2003-2006	04 Nov 2013	£590,000	22.92%
	17 Sep 2009	£480,000	-10.28%
	25 Aug 2006	£535,000	-2.73%
	12 Apr 2005	£550,000	First Sale
23 GROVE PARK OVALFlat, LeaseholdArea: 99.99 Sq.mtrAge: 2003-2006	05 Jul 2013	£285,000	3.64%
	18 Dec 2009	£275,000	-11.29%
	27 Apr 2006	£310,000	First Sale
39 GROVE PARK OVALFlat, LeaseholdArea: 156.1 Sq.mtrAge: 2003-2006	02 May 2012	£575,000	First Sale
35 GROVE PARK OVALFlat, Leasehold	22 Dec 2011	£157,950	-7.09%
35 GROVE PARK OVALFlat, Leasehold	01 Jul 2005	£170,000	First Sale
31 GROVE PARK OVALFlat, LeaseholdArea: 81 Sq.mtrAge: 2003-2006	01 Oct 2010	£275,000	12.02%
	23 May 2007	£245,500	-10.73%
	08 Apr 2005	£275,000	First Sale
40 GROVE PARK OVALFlat, Leasehold	06 Aug 2009	£620,000	12.73%
40 GROVE PARK OVALFlat, Leasehold	12 Apr 2005	£550,000	First Sale
26 GROVE PARK OVALFlat, LeaseholdArea: 83 Sq.mtrAge: 2003-2006	25 Sep 2008	£242,000	-13.26%
	12 Apr 2005	£279,000	First Sale
30 GROVE PARK OVALFlat, Leasehold	31 May 2006	£387,500	1.97%
30 GROVE PARK OVALFlat, Leasehold	30 Jun 2005	£380,000	First Sale
34 GROVE PARK OVALFlat, Leasehold	11 Nov 2005	£355,000	First Sale
29 GROVE PARK OVALFlat, Leasehold	03 Oct 2005	£400,000	First Sale
17 GROVE PARK OVALFlat, Leasehold	29 Apr 2005	£300,000	First Sale
15 GROVE PARK OVALFlat, LeaseholdArea: 81 Sq.mtrAge: 2003-2006	28 Apr 2005	£272,000	First Sale
2 GROVE PARK OVALFlat, LeaseholdArea: 49.7 Sq.mtrAge: 2003-2006	27 Apr 2005	£157,000	First Sale
7 GROVE PARK OVALFlat, Leasehold	12 Apr 2005	£250,000	First Sale
21 GROVE PARK OVALFlat, Leasehold	12 Apr 2005	£350,000	First Sale
19 GROVE PARK OVALFlat, Leasehold	12 Apr 2005	£370,000	First Sale
4 GROVE PARK OVALFlat, LeaseholdArea: 42 Sq.mtrAge: 2003-2006	12 Apr 2005	£150,000	First Sale
6 GROVE PARK OVALFlat, Leasehold	12 Apr 2005	£355,000	First Sale
22 GROVE PARK OVALFlat, Leasehold	12 Apr 2005	£335,000	First Sale
8 GROVE PARK OVALFlat, Leasehold	12 Apr 2005	£355,000	First Sale
27 GROVE PARK OVALFlat, LeaseholdArea: 57.7 Sq.mtrAge: 2003-2006	12 Apr 2005	£170,000	First Sale

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

GROVE PARK OVAL, NE3 1EG Near By properties

Interactive Map

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

Flat
- The average price is around £144,233 median price is £133,500 Standard Deviation is £89,392 with Total Sold: 2,222
- The Last 5 Year average price is £199,326 with Total Sold: 286
- 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 £379,074 median price is £190,000 Standard Deviation is £1,371,986 with Total Sold: 76
- The Last 5 Year average price is £236,688 with Total Sold: 47
- 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 , 127 HIGH STREET: £663,800 (Sold on 02 Oct 2014)
Semi-Detached
- The average price is around £271,556 median price is £224,875 Standard Deviation is £206,584 with Total Sold: 796
- The Last 5 Year average price is £440,966 with Total Sold: 112
- 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 £256,257 median price is £249,950 Standard Deviation is £149,917 with Total Sold: 1,937
- The Last 5 Year average price is £407,016 with Total Sold: 293
- 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 £545,139 median price is £407,500 Standard Deviation is £397,760 with Total Sold: 176
- 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 , 12 GOSFORTH TERRACE: £109,000 (Sold on 21 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£196,342	£2,816	19
2023	£203,876	£2,763	48
2022	£213,860	£2,834	60
2021	£186,700	£2,620	62
2020	£190,819	£2,684	34
2019	£199,933	£2,610	63
2018	£179,847	£2,461	69
2017	£188,956	£2,556	72
2016	£175,373	£2,305	63
2015	£165,759	£2,268	82
2014	£153,221	£2,145	72
2013	£163,484	£2,252	70
2012	£166,463	£2,217	41
2011	£186,418	£2,258	63
2010	£171,165	£2,435	47
2009	£180,977	£2,386	54
2008	£155,802	£2,180	40
2007	£172,084	£2,260	82
2006	£182,453	£2,387	124
2005	£203,598	£2,799	159
2004	£165,467	£2,368	91
2003	£134,356	£2,003	81
2002	£106,055	£1,409	99
2001	£97,019	£1,298	133
2000	£72,738	£1,028	107
1999	£58,872	£862	87
1998	£62,349	£817	79
1997	£56,843	£773	94
1996	£48,211	£732	77
1995	£47,849	£649	50

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,061		7
2023	£255,836	£3,097	5
2022	£244,689	£2,675	14
2021	£205,818	£2,137	11
2020	£240,000	£2,551	6
2019	£180,025	£1,630	4
2018	£168,429	£1,933	7
2017	£197,745	£2,289	12
2016	£151,357	£1,882	7
2015	£6,205,000		2
2014	£663,800	£6,159	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£564,792	£3,677	12
2023	£442,148	£3,321	21
2022	£497,394	£3,744	18
2021	£399,319	£3,215	22
2020	£425,224	£2,896	22
2019	£366,618	£2,932	17
2018	£290,525	£2,842	20
2017	£396,474	£2,695	29
2016	£422,379	£2,489	17
2015	£371,607	£2,679	27
2014	£375,546	£2,701	15
2013	£314,801	£2,393	16
2012	£291,395	£2,287	22
2011	£294,689	£2,319	26
2010	£379,430	£2,523	27
2009	£299,816	£2,068	19
2008	£277,167	£1,922	15
2007	£295,508	£2,272	37
2006	£302,242	£2,113	37
2005	£365,767	£2,194	29
2004	£330,221	£2,304	39
2003	£243,227	£1,665	26
2002	£178,964	£1,331	43
2001	£146,557	£1,088	29
2000	£129,631	£1,033	42
1999	£134,862	£845	37
1998	£106,496	£744	43
1997	£113,747	£745	33
1996	£90,851	£732	34
1995	£76,318	£622	22

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£497,676	£3,410	17
2023	£474,856	£3,262	52
2022	£415,125	£2,990	42
2021	£399,544	£2,787	73
2020	£362,809	£2,841	61
2019	£361,857	£2,526	48
2018	£364,455	£2,539	64
2017	£331,749	£2,472	68
2016	£384,740	£2,488	65
2015	£322,356	£2,358	66
2014	£328,681	£2,284	70
2013	£309,039	£2,168	51
2012	£300,898	£2,130	41
2011	£292,910	£2,205	49
2010	£294,002	£2,117	56
2009	£263,467	£2,022	43
2008	£277,486	£1,918	44
2007	£275,115	£1,951	72
2006	£289,181	£2,044	97
2005	£259,828	£2,060	56
2004	£311,133	£2,176	84
2003	£241,802	£1,806	65
2002	£165,220	£1,431	83
2001	£139,314	£1,032	92
2000	£130,265	£864	76
1999	£118,493	£797	89
1998	£105,881	£773	89
1997	£91,048	£679	81
1996	£77,454	£537	77
1995	£83,118	£578	66

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	£868,000	£2,928	5
2009	£511,909	£2,557	11
2008	£488,000	£2,465	5
2007	£545,000	£2,923	7
2006	£564,725	£2,597	21
2005	£652,708	£3,062	12
2004	£315,329	£2,089	12
2003	£526,000	£2,161	5
2002	£284,790	£1,606	9
2001	£400,000	£1,524	3
2000	£390,200	£1,329	5
1999	£191,000	£601	4
1998	£194,243	£876	7
1997	£292,500		2
1996	£129,800	£1,153	5
1995	£195,643	£1,007	7

House Type in NE3 1EG area

The most common house types in the NE3 1EG 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 1EG 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