Housing Market Analysis for SPITAL TERRACE, NE3 1UT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £198,729 median price is £193,800 Standard Deviation is £96,767 with Total Sold: 7
    • The Last 5 Year average price is £297,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 SPITAL TERRACE: £325,000 (Sold on 20 May 2022)
    • The first recorded sale happened at this postcode is 6 SPITAL TERRACE: £48,500 (Sold on 11 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 1UT 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£325,000 £3,963 1
2019£270,000 £2,477 1
2018£303,800 £2,637 1
2012£193,800 £1,682 1
2001£125,000 £1,184 2
1996£48,5001

All the Sales in the SPITAL TERRACE, NE3 1UT

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

AddressSold DatePrice% Change
5 SPITAL TERRACETerraced, FreeholdArea: 82 Sq.mtrAge: 1900-192920 May 2022£325,000166.39%
28 Sep 2001£122,000First Sale
10 SPITAL TERRACETerraced, FreeholdArea: 109 Sq.mtrAge: 1900-192909 Aug 2019£270,000First Sale
8 SPITAL TERRACETerraced, FreeholdArea: 115.22 Sq.mtrAge: 1900-192930 Nov 2018£303,80056.76%
20 Jul 2012£193,800First Sale
7 SPITAL TERRACETerraced, Freehold03 Sep 2001£128,000First Sale
6 SPITAL TERRACETerraced, Freehold11 Oct 1996£48,500First Sale

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

SPITAL TERRACE, NE3 1UT Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £215,528 median price is £175,000 Standard Deviation is £158,221 with Total Sold: 688
    • The Last 5 Year average price is £326,052 with Total Sold: 104
    • The most recent sale happened at this postcode is , 103 HOLLYWOOD AVENUE: £250,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is , 72 REGENT ROAD NORTH: £57,000 (Sold on 03 Feb 1995)
  • Flat
    • The average price is around £133,155 median price is £137,000 Standard Deviation is £75,012 with Total Sold: 1,552
    • The Last 5 Year average price is £163,673 with Total Sold: 206
    • The most recent sale happened at this postcode is 15, HOMEFORTH HOUSE HIGH STREET: £58,000 (Sold on 18 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 31, HOMEDOWNE HOUSE, 238 HIGH STREET: £35,000 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £1,292,728 median price is £300,000 Standard Deviation is £2,925,321 with Total Sold: 63
    • The Last 5 Year average price is £1,387,027 with Total Sold: 39
    • 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 , 192 - 194 HOLLYWOOD AVENUE: £932,400 (Sold on 09 Jul 2013)
  • Terraced
    • The average price is around £229,820 median price is £215,000 Standard Deviation is £131,588 with Total Sold: 1,927
    • The Last 5 Year average price is £361,404 with Total Sold: 285
    • The most recent sale happened at this postcode is , 16 REGENT ROAD: £364,000 (Sold on 09 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 £407,281 median price is £345,000 Standard Deviation is £285,483 with Total Sold: 72
    • The Last 5 Year average price is £296,667 with Total Sold: 6
    • The most recent sale happened at this postcode is , 10 BEDE WALK: £117,000 (Sold on 20 May 2022)
    • The first recorded sale happened at this postcode is , 1 CHESWICK DRIVE: £77,000 (Sold on 06 Jun 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£384,517 £4,085 15
2023£401,500 £2,958 16
2022£330,376 £3,243 14
2021£294,488 £2,856 27
2020£341,361 £2,867 12
2019£252,243 £2,515 20
2018£275,641 £2,729 23
2017£320,727 £2,515 24
2016£294,284 £2,385 24
2015£275,827 £2,324 26
2014£213,448 £2,408 20
2013£218,284 £2,195 13
2012£236,589 £2,284 14
2011£236,567 £2,175 15
2010£327,675 £2,454 22
2009£237,671 £1,841 14
2008£226,826 £1,965 17
2007£269,909 £2,168 29
2006£258,872 £2,175 32
2005£306,200 £1,978 24
2004£247,786 £1,991 37
2003£163,255 £1,645 21
2002£129,859 £1,243 35
2001£107,488 £931 29
2000£98,411 £871 37
1999£90,234 £801 29
1998£89,594 £759 34
1997£85,967 £692 23
1996£68,281 £685 18
1995£63,069 £633 24
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,263 £2,372 19
2023£163,718 £2,461 31
2022£175,482 £2,430 45
2021£156,934 £2,314 38
2020£160,478 £2,318 36
2019£168,757 £2,314 37
2018£156,681 £2,328 41
2017£147,272 £2,163 45
2016£160,331 £2,298 38
2015£130,858 £2,158 52
2014£136,053 £2,068 56
2013£140,059 £2,133 40
2012£140,982 £2,148 26
2011£157,713 £2,087 42
2010£149,386 £2,336 33
2009£145,656 £2,156 36
2008£138,771 £2,247 28
2007£145,137 £2,264 65
2006£163,977 £2,324 88
2005£184,916 £2,903 97
2004£170,663 £2,436 159
2003£147,318 £2,232 62
2002£96,071 £1,476 82
2001£100,409 £1,417 95
2000£71,517 £1,094 64
1999£54,599 £885 50
1998£50,628 £773 32
1997£47,623 £691 49
1996£42,075 £692 35
1995£38,763 £678 31
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£347,5716
2023£2,890,702 £3,694 5
2022£2,339,071 £2,458 7
2021£1,093,094 £1,848 11
2020£1,601,500 £2,557 5
2019£230,020 £2,338 5
2018£859,750 £2,032 4
2017£193,489 £2,652 5
2016£493,147 £2,518 8
2015£4,200,0003
2014£1,821,267 £6,159 3
2013£932,4001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£457,500 £3,718 20
2023£352,237 £2,903 39
2022£360,855 £2,967 46
2021£367,740 £2,733 68
2020£372,832 £2,640 58
2019£312,648 £2,579 54
2018£304,894 £2,367 65
2017£309,577 £2,452 67
2016£307,782 £2,388 60
2015£303,575 £2,239 64
2014£312,280 £2,149 51
2013£265,829 £2,164 65
2012£248,585 £2,079 50
2011£315,906 £2,181 35
2010£264,247 £2,071 44
2009£234,279 £2,013 41
2008£276,091 £1,992 46
2007£259,278 £2,048 83
2006£250,575 £1,913 95
2005£245,445 £1,963 58
2004£268,895 £2,153 96
2003£222,689 £1,844 71
2002£164,258 £1,297 76
2001£138,505 £1,133 99
2000£114,269 £901 86
1999£101,684 £825 85
1998£93,335 £735 86
1997£88,442 £661 89
1996£67,779 £589 77
1995£71,975 £582 53
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£117,000 £1,918 1
2021£269,000 £2,649 2
2020£387,500 £3,011 2
2019£350,000 £1,873 1
2017£599,900 £2,933 5
2016£369,500 £2,139 3
2015£310,000 £2,650 1
2014£155,000 £1,314 1
2013£765,000 £2,641 2
2012£475,000 £1,365 1
2010£429,000 £2,792 2
2009£285,000 £2,153 3
2008£330,000 £3,301 2
2007£482,500 £2,580 4
2006£620,636 £2,917 11
2005£626,111 £3,219 9
2004£319,994 £2,180 8
2003£238,500 £1,917 2
2002£107,500 £1,137 4
2001£40,000 £1,053 1
2000£59,8001
1999£118,750 £727 2
1997£130,000 £877 2
1996£60,000 £508 1
1995£77,000 £554 1

House Type in NE3 1UT area

The most common house types in the NE3 1UT postcode area are Terraced (109), Semi-detached (30), and commercial building (3).

Total143
Terraced109
Semi-detached30
commercial building3
Flat1
Detached0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (65), and Owned: Owns with a mortgage or loan (65).

Owned: Owns outright65
Owned: Owns with a mortgage or loan65
Private rented: Private landlord or letting agency9
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE3 1UT have 2 people in household (51), and 4 people in household (32).

2 people in household51
4 people in household32
3 people in household28
1 person in household23
5 people in household6
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0