Housing Market Analysis for COMMERCIAL ROAD, NE3 1QJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £96,000 median price is £96,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is GENERATION HOUSE, 2 COMMERCIAL ROAD: £96,000 (Sold on 26 Sep 1997)
    • The first recorded sale happened at this postcode is GENERATION HOUSE, 2 COMMERCIAL ROAD: £96,000 (Sold on 26 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 1QJ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£96,0001

All the Sales in the COMMERCIAL ROAD, NE3 1QJ

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

AddressSold DatePrice% Change
GENERATION HOUSE, 2 COMMERCIAL ROADDetached, Freehold26 Sep 1997£96,000First Sale

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

COMMERCIAL ROAD, NE3 1QJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £275,525 median price is £264,250 Standard Deviation is £155,706 with Total Sold: 258
    • The Last 5 Year average price is £425,737 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 , 63 CASTLEDENE COURT: £86,000 (Sold on 16 Jan 1995)
  • Flat
    • The average price is around £106,546 median price is £112,000 Standard Deviation is £47,426 with Total Sold: 1,529
    • The Last 5 Year average price is £150,821 with Total Sold: 193
    • 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 , 3 CRAGHALL DENE: £59,000 (Sold on 19 Jan 1995)
  • Semi-Detached
    • The average price is around £196,380 median price is £176,625 Standard Deviation is £122,909 with Total Sold: 670
    • The Last 5 Year average price is £311,356 with Total Sold: 108
    • The most recent sale happened at this postcode is , 6 RIDGEWOOD VILLAS: £242,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 7 DENE CRESCENT: £25,000 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £389,525 median price is £178,500 Standard Deviation is £1,102,818 with Total Sold: 62
    • The Last 5 Year average price is £482,642 with Total Sold: 41
    • 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)
  • Terraced
    • The average price is around £189,869 median price is £160,000 Standard Deviation is £121,461 with Total Sold: 1,086
    • The Last 5 Year average price is £298,466 with Total Sold: 166
    • The most recent sale happened at this postcode is , 20 SALTERS CLOSE: £250,000 (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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£512,750 £2,933 4
2023£445,500 £3,361 4
2022£333,500 £3,070 2
2021£339,600 £2,990 5
2020£403,001 £3,042 5
2019£468,843 £2,868 7
2018£377,250 £2,771 2
2017£331,214 £2,483 7
2016£278,525 £2,284 6
2015£365,875 £3,130 8
2014£365,000 £2,795 8
2013£335,400 £2,493 10
2012£312,938 £2,782 8
2011£351,667 £2,799 3
2010£303,117 £2,794 6
2009£406,818 £2,587 11
2008£388,714 £2,832 7
2007£364,163 £2,836 15
2006£342,194 £2,288 14
2005£278,421 £2,216 7
2004£307,995 £2,449 11
2003£264,727 £2,067 11
2002£198,128 £1,689 9
2001£172,855 £1,309 17
2000£160,343 £1,027 7
1999£128,438 £1,085 8
1998£143,288 £1,030 17
1997£139,125 £927 16
1996£135,475 £1,195 10
1995£129,381 £901 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,500 £2,277 12
2023£160,464 £2,543 36
2022£151,910 £2,317 36
2021£149,711 £2,143 49
2020£147,607 £2,228 22
2019£139,310 £2,057 38
2018£138,210 £2,065 44
2017£132,070 £1,984 44
2016£134,260 £2,021 43
2015£134,430 £2,006 73
2014£126,601 £1,921 45
2013£124,897 £1,942 40
2012£114,140 £1,803 25
2011£130,314 £1,922 28
2010£123,748 £2,029 31
2009£125,640 £2,197 44
2008£124,379 £2,037 35
2007£136,144 £2,027 70
2006£135,586 £1,997 70
2005£131,889 £1,943 49
2004£131,012 £1,991 59
2003£115,390 £1,664 68
2002£81,402 £1,224 70
2001£74,119 £1,139 104
2000£69,576 £976 78
1999£50,731 £794 72
1998£52,193 £786 67
1997£48,582 £764 62
1996£46,952 £706 70
1995£45,928 £638 45
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£314,250 £2,972 8
2023£291,342 £2,851 20
2022£444,300 £3,607 17
2021£265,283 £2,813 25
2020£300,471 £2,687 17
2019£285,357 £2,788 21
2018£259,000 £2,680 22
2017£229,559 £2,377 26
2016£240,685 £2,335 24
2015£242,217 £2,407 23
2014£210,029 £2,365 17
2013£209,529 £2,263 17
2012£217,775 £2,156 20
2011£155,441 £1,851 17
2010£277,009 £2,302 16
2009£191,612 £1,973 13
2008£227,731 £1,883 13
2007£212,095 £2,184 29
2006£203,933 £2,027 32
2005£222,067 £1,986 28
2004£231,707 £2,005 35
2003£171,157 £1,548 23
2002£129,630 £1,306 42
2001£117,300 £942 23
2000£100,682 £888 25
1999£91,874 £776 27
1998£78,742 £709 26
1997£85,922 £691 24
1996£70,900 £738 20
1995£65,605 £639 20
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£278,0355
2023£143,000 £2,484 3
2022£173,468 £2,636 11
2021£1,053,955 £3,172 11
2020£128,475 £2,130 6
2019£739,325 £1,974 5
2018£186,400 £1,933 10
2017£129,143 £2,342 7
2016£123,500 £1,867 2
2015£927,2711
2014£420,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£331,222 £2,942 9
2023£362,738 £3,196 30
2022£268,434 £2,551 29
2021£305,861 £2,461 36
2020£269,111 £2,489 31
2019£275,618 £2,316 31
2018£273,162 £2,241 34
2017£229,173 £2,098 47
2016£250,256 £2,181 40
2015£254,258 £2,118 25
2014£226,644 £1,939 36
2013£249,019 £1,944 23
2012£206,583 £1,825 21
2011£191,522 £1,885 25
2010£209,323 £1,871 26
2009£208,214 £2,011 25
2008£198,375 £1,861 20
2007£221,575 £1,933 59
2006£213,338 £1,891 49
2005£190,939 £1,994 42
2004£246,688 £2,052 54
2003£171,498 £1,499 43
2002£110,244 £1,299 66
2001£104,847 £889 50
2000£93,408 £826 42
1999£82,581 £709 42
1998£77,057 £655 43
1997£64,086 £636 38
1996£66,800 £522 41
1995£67,584 £563 29

House Type in NE3 1QJ area

The most common house types in the NE3 1QJ postcode area are Semi-detached (46), Flat (38), and commercial building (22).

Total140
Semi-detached46
Flat38
commercial building22
Shared house18
Terraced12
Detached4
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (51), and Owned: Owns with a mortgage or loan (31).

Private rented: Private landlord or letting agency51
Owned: Owns with a mortgage or loan31
Owned: Owns outright24
Social rented: Other social rented15
Social rented: Rents from council or Local Authority11
Private rented: Other private rented6
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE3 1QJ have 1 person in household (62), and 2 people in household (42).

1 person in household62
2 people in household42
3 people in household19
4 people in household12
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0