Housing Market Analysis for THE GROVE, NE3 1NE

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £311,563 median price is £290,000 Standard Deviation is £147,956 with Total Sold: 15
    • The Last 5 Year average price is £640,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 2, 24 THE GROVE: £640,000 (Sold on 10 Oct 2022)
    • The first recorded sale happened at this postcode is FLAT 1, 24 THE GROVE: £169,950 (Sold on 22 Apr 1998)
  • Terraced
    • The average price is around £754,306 median price is £802,500 Standard Deviation is £176,579 with Total Sold: 8
    • The most recent sale happened at this postcode is 17 THE GROVE: £852,000 (Sold on 30 Nov 2016)
    • The first recorded sale happened at this postcode is 11 THE GROVE: £325,000 (Sold on 25 Jun 1999)
  • Semi-Detached
    • The average price is around £470,615 median price is £369,000 Standard Deviation is £301,708 with Total Sold: 13
    • The most recent sale happened at this postcode is 22 THE GROVE: £1,300,000 (Sold on 09 Jan 2015)
    • The first recorded sale happened at this postcode is 25 THE GROVE: £288,000 (Sold on 04 Apr 1996)
  • Detached
    • The average price is around £845,214 median price is £754,000 Standard Deviation is £394,586 with Total Sold: 7
    • The Last 5 Year average price is £1,600,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 THE GROVE: £754,000 (Sold on 04 Apr 2013)
    • The first recorded sale happened at this postcode is 30 THE GROVE: £1,600,000 (Sold on 05 Apr 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 1NE 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£640,000 £4,238 1
2018£280,000 £3,008 1
2017£535,000 £4,315 1
2016£160,000 £2,981 1
2015£300,000 £3,223 1
2013£225,000 £2,392 1
2012£370,000 £2,986 2
2007£387,500 £3,548 2
2004£387,500 £2,566 1
2001£134,000 £1,081 1
1999£140,000 £1,129 1
1998£178,475 £1,304 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£883,167 £3,616 3
2012£704,950 £2,771 1
2009£775,0001
2006£830,000 £2,795 1
2004£750,0001
1999£325,000 £1,277 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£1,300,000 £3,426 1
2006£785,0001
2004£700,0001
2003£525,0001
2002£525,0001
2001£435,0001
2000£210,000 £462 1
1999£359,5002
1998£205,500 £645 2
1997£220,0001
1996£288,000 £970 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£754,000 £2,752 1
2007£700,0001
2006£580,000 £1,275 1
2005£1,175,0001
2003£820,000 £2,161 1
1995£287,5001
2024£1,600,0001

All the Sales in the THE GROVE, NE3 1NE

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

AddressSold DatePrice% Change
FLAT 2, 24 THE GROVEFlat, LeaseholdArea: 151 Sq.mtrAge: before 190010 Oct 2022£640,00042.22%
13 Dec 2012£450,00016.13%
05 Apr 2004£387,500107.22%
30 Oct 1998£187,000First Sale
FLAT 3, SAVILLE HOUSE, 28 THE GROVEFlat, LeaseholdArea: 93.08 Sq.mtrAge: before 190005 Mar 2018£280,000-6.67%
24 Jul 2015£300,000First Sale
FLAT 1, SAVILLE HOUSE, 28 THE GROVEFlat, LeaseholdArea: 124 Sq.mtrAge: before 190025 Jul 2017£535,00021.59%
16 Mar 2007£440,000First Sale
17 THE GROVETerraced, FreeholdArea: 187 Sq.mtrAge: before 190030 Nov 2016£852,000First Sale
FLAT 6, SAVILLE HOUSE, 28 THE GROVEFlat, LeaseholdArea: 53.67 Sq.mtrAge: 2003-200617 Nov 2016£160,000First Sale
21 THE GROVETerraced, FreeholdArea: 274 Sq.mtrAge: before 190001 Apr 2016£847,500218.61%
14 Aug 1998£266,000First Sale
25 THE GROVETerraced, FreeholdArea: 297 Sq.mtrAge: before 190017 Mar 2016£950,00014.46%
20 Jul 2006£830,000188.19%
04 Apr 1996£288,000First Sale
22 THE GROVESemi-Detached, FreeholdArea: 379.43 Sq.mtrAge: before 190009 Jan 2015£1,300,00058.54%
29 Aug 2003£820,000First Sale
FLAT 5, SAVILLE HOUSE, 28 THE GROVEFlat, LeaseholdArea: 94.08 Sq.mtrAge: 2003-200617 May 2013£225,000First Sale
5 THE GROVEDetached, FreeholdArea: 274 Sq.mtrAge: 1930-194904 Apr 2013£754,000First Sale
11 THE GROVETerraced, FreeholdArea: 254.43 Sq.mtrAge: 1900-192912 Apr 2012£704,950116.91%
25 Jun 1999£325,000First Sale
FLAT 4, SAVILLE HOUSE, 28 THE GROVEFlat, LeaseholdArea: 96.94 Sq.mtrAge: before 190023 Mar 2012£290,000First Sale
31 THE GROVETerraced, Freehold22 May 2009£775,000First Sale
FLAT 2, SAVILLE HOUSE, 28 THE GROVEFlat, Leasehold16 Feb 2007£335,000First Sale
33 THE GROVEDetached, Freehold16 Feb 2007£700,000First Sale
15 THE GROVESemi-Detached, Freehold15 Nov 2006£785,00049.52%
24 Sep 2002£525,000First Sale
30 THE GROVEDetached, FreeholdArea: 455 Sq.mtrAge: 2003-200620 Jun 2006£580,000176.19%
08 Nov 2000£210,00044.83%
04 Aug 1998£145,000-90.94%
05 Apr 2024£1,600,000First Sale
23 THE GROVEDetached, Freehold26 Aug 2005£1,175,000308.70%
26 May 1995£287,500First Sale
29 THE GROVETerraced, Freehold09 Sep 2004£750,000First Sale
19 THE GROVESemi-Detached, Freehold08 Jul 2004£700,000100.00%
06 Aug 1999£350,000First Sale
3 THE GROVESemi-Detached, Freehold20 Jan 2003£525,000138.64%
11 Jul 1997£220,000First Sale
27 THE GROVESemi-Detached, Freehold01 Nov 2001£435,000First Sale
FLAT 3, 24 THE GROVEFlat, LeaseholdArea: 124 Sq.mtrAge: before 190015 Jun 2001£134,000-4.29%
06 Apr 1999£140,000First Sale
20 THE GROVESemi-Detached, Freehold03 Sep 1999£369,000First Sale
FLAT 1, 24 THE GROVEFlat, LeaseholdArea: 124 Sq.mtrAge: before 190022 Apr 1998£169,950First Sale

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

THE GROVE, NE3 1NE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £315,084 median price is £300,000 Standard Deviation is £182,741 with Total Sold: 1,304
    • The Last 5 Year average price is £504,324 with Total Sold: 197
    • The most recent sale happened at this postcode is , 40 HONISTER AVENUE: £369,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 84 NEWLANDS ROAD: £74,950 (Sold on 14 Jan 1995)
  • Semi-Detached
    • The average price is around £421,869 median price is £340,000 Standard Deviation is £322,771 with Total Sold: 631
    • The Last 5 Year average price is £676,471 with Total Sold: 84
    • 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)
  • Flat
    • The average price is around £187,397 median price is £170,000 Standard Deviation is £110,780 with Total Sold: 1,155
    • The Last 5 Year average price is £249,482 with Total Sold: 167
    • 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)
  • Other
    • The average price is around £569,177 median price is £265,000 Standard Deviation is £1,826,373 with Total Sold: 42
    • The Last 5 Year average price is £305,192 with Total Sold: 27
    • The most recent sale happened at this postcode is , 8 HAWTHORN ROAD: £300,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 127 HIGH STREET: £663,800 (Sold on 02 Oct 2014)
  • Detached
    • The average price is around £640,878 median price is £595,000 Standard Deviation is £425,817 with Total Sold: 201
    • The Last 5 Year average price is £1,051,113 with Total Sold: 28
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£518,867 £3,995 15
2023£601,313 £3,448 35
2022£506,513 £3,392 28
2021£460,466 £3,100 44
2020£486,784 £2,984 41
2019£474,175 £2,693 34
2018£444,206 £2,781 41
2017£400,581 £2,762 39
2016£437,863 £2,689 47
2015£369,310 £2,599 52
2014£392,192 £2,479 49
2013£362,598 £2,376 37
2012£352,802 £2,362 22
2011£384,764 £2,454 30
2010£348,262 £2,381 37
2009£364,586 £2,186 29
2008£368,996 £2,130 24
2007£374,902 £2,233 46
2006£345,679 £2,130 72
2005£345,334 £2,248 40
2004£343,692 £2,284 69
2003£306,010 £2,229 35
2002£211,878 £1,589 46
2001£185,025 £1,218 56
2000£180,879 £1,052 53
1999£145,370 £906 62
1998£124,805 £831 57
1997£119,210 £711 67
1996£97,648 £642 47
1995£97,512 £603 50
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£733,650 £3,677 10
2023£739,194 £3,763 16
2022£682,981 £3,896 18
2021£634,857 £3,504 14
2020£602,490 £3,083 16
2019£683,848 £3,003 10
2018£578,553 £2,931 18
2017£610,324 £2,989 17
2016£699,361 £2,745 18
2015£673,389 £2,926 18
2014£665,797 £2,813 20
2013£649,537 £2,792 12
2012£530,117 £2,605 15
2011£435,022 £2,506 19
2010£550,821 £2,743 21
2009£521,361 £2,378 14
2008£620,812 £2,121 16
2007£405,178 £2,404 20
2006£466,266 £2,307 28
2005£530,042 £2,268 25
2004£448,739 £2,448 31
2003£384,563 £1,783 23
2002£256,812 £1,374 26
2001£216,620 £1,308 25
2000£172,658 £1,141 30
1999£194,611 £952 27
1998£158,936 £818 40
1997£154,225 £710 34
1996£131,195 £747 33
1995£125,100 £658 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£257,357 £3,635 7
2023£229,121 £2,782 28
2022£256,035 £3,039 38
2021£265,386 £3,038 33
2020£259,227 £2,840 22
2019£237,346 £2,997 39
2018£218,544 £2,653 39
2017£228,519 £2,909 43
2016£219,936 £2,610 32
2015£223,542 £2,544 31
2014£192,591 £2,413 37
2013£201,540 £2,471 36
2012£210,718 £2,504 25
2011£220,916 £2,454 41
2010£216,865 £2,729 26
2009£215,330 £2,598 36
2008£189,600 £2,298 24
2007£235,063 £2,633 38
2006£221,303 £2,721 70
2005£223,603 £2,973 128
2004£204,800 £2,745 50
2003£157,195 £2,456 34
2002£134,177 £1,657 48
2001£130,141 £1,545 54
2000£76,023 £1,009 44
1999£68,903 £925 35
1998£89,721 £919 24
1997£66,878 £822 48
1996£54,626 £750 27
1995£62,386 £703 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,1252
2023£400,420 £3,694 4
2022£289,450 £2,075 7
2021£297,750 £1,998 8
2020£336,667 £2,972 3
2019£190,033 £1,286 3
2017£234,849 £2,158 7
2016£189,500 £2,068 5
2015£6,205,0002
2014£663,800 £6,159 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,347,5002
2023£1,011,250 £4,209 4
2022£1,129,000 £4,811 5
2021£1,076,800 £4,153 5
2020£835,083 £3,115 6
2019£1,108,608 £4,329 6
2018£1,174,000 £3,455 5
2017£717,417 £3,460 6
2016£1,000,750 £3,428 8
2015£804,571 £3,312 7
2014£754,000 £3,303 6
2013£827,748 £2,749 5
2012£725,000 £1,365 3
2011£573,833 £2,821 3
2010£850,000 £3,162 9
2009£645,917 £2,658 12
2008£639,000 £2,465 5
2007£652,857 £3,371 7
2006£609,603 £2,833 21
2005£652,708 £3,062 12
2004£362,429 £2,320 7
2003£632,500 £2,161 4
2002£314,323 £1,831 7
2001£393,125 £1,524 4
2000£456,875 £1,588 4
1999£263,833 £887 6
1998£231,775 £936 10
1997£263,889 £1,150 9
1996£142,000 £1,020 5
1995£195,062 £1,007 8

House Type in NE3 1NE area

The most common house types in the NE3 1NE postcode area are Terraced (69), Semi-detached (31), and Detached (11).

Total137
Terraced69
Semi-detached31
Detached11
Flat9
commercial building9
Shared house6
converted building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright56
Owned: Owns with a mortgage or loan49
Private rented: Private landlord or letting agency24
Private rented: Other private rented3
Social rented: Other social rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE3 1NE have 2 people in household (59), and 1 person in household (38).

2 people in household59
1 person in household38
4 people in household20
3 people in household13
5 people in household3
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0