Housing Market Analysis for THE GROVE, NE32 4RZ

Are you looking to understand NE32 4RZ 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 South Tyneside postcode.

For the location information and nearby amenities in the NE32 4RZ area, explore the NE32 4RZ Area information page.
For comprehensive crime statistics in the NE32 4RZ area, explore the NE32 4RZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE32 4RZ postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £93,256 median price is £110,000 Standard Deviation is £38,557 with Total Sold: 9
    • The Last 5 Year average price is £132,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 32 THE GROVE: £132,000 (Sold on 30 Oct 2020)
    • The first recorded sale happened at this postcode is 28 THE GROVE: £36,800 (Sold on 18 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE32 4RZ 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
2020£132,000 £1,941 1
2019£117,500 £1,632 1
2016£110,000 £1,618 2
2007£125,500 £1,838 2
1998£42,0001
1997£40,0001
1996£36,8001

All the Sales in the THE GROVE, NE32 4RZ

See the table below for more details on the sold house prices in the NE32 4RZ, South Tyneside postcode.

AddressSold DatePrice% Change
32 THE GROVETerraced, FreeholdArea: 68 Sq.mtrAge: 1967-197530 Oct 2020£132,00020.00%
11 Mar 2016£110,0000.0
05 Feb 2016£110,000-12.00%
14 Dec 2007£125,000First Sale
30 THE GROVETerraced, FreeholdArea: 72 Sq.mtrAge: 1967-197515 Nov 2019£117,500First Sale
35 THE GROVETerraced, Freehold06 Jul 2007£126,000First Sale
28 THE GROVETerraced, Freehold15 Jul 1998£42,0005.00%
27 Feb 1997£40,0008.70%
18 Dec 1996£36,800First Sale

Check out the sold house prices near the NE32 4RZ postcode. Properties currently for saleProperties currently for rent

THE GROVE, NE32 4RZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE32 4RZ 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 NE32 4RZ postcode.

  • Flat
    • The average price is around £58,066 median price is £60,000 Standard Deviation is £25,390 with Total Sold: 186
    • The Last 5 Year average price is £72,179 with Total Sold: 21
    • The most recent sale happened at this postcode is , 17 HEREFORD WAY: £50,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 CHICHESTER WAY: £27,000 (Sold on 31 Mar 1995)
  • Terraced
    • The average price is around £81,704 median price is £82,000 Standard Deviation is £34,876 with Total Sold: 499
    • The Last 5 Year average price is £109,063 with Total Sold: 56
    • The most recent sale happened at this postcode is , 18 GLOUCESTER WAY: £132,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 111 DURHAM DRIVE: £39,500 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £158,463 median price is £159,975 Standard Deviation is £42,571 with Total Sold: 176
    • The Last 5 Year average price is £244,222 with Total Sold: 9
    • The most recent sale happened at this postcode is , 42 CEDAR DRIVE: £285,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 3 WINCHESTER COURT: £69,000 (Sold on 24 Mar 1995)
  • Semi-Detached
    • The average price is around £105,466 median price is £107,000 Standard Deviation is £40,959 with Total Sold: 357
    • The Last 5 Year average price is £147,595 with Total Sold: 42
    • The most recent sale happened at this postcode is , 191 DURHAM DRIVE: £188,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 39 LINCOLN WAY: £50,000 (Sold on 21 Apr 1995)
  • Other
    • The average price is around £31,272 median price is £4,000 Standard Deviation is £53,365 with Total Sold: 9
    • The Last 5 Year average price is £52,433 with Total Sold: 3
    • The most recent sale happened at this postcode is , 8 ROCHESTER SQUARE: £148,000 (Sold on 19 May 2023)
    • The first recorded sale happened at this postcode is , 42 GLOUCESTER WAY: £111,500 (Sold on 29 Nov 2016)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£66,000 £1,200 4
2023£97,625 £1,600 4
2022£89,000 £1,496 3
2021£67,500 £1,226 2
2020£57,406 £1,062 8
2019£70,810 £1,362 5
2018£114,500 £1,551 1
2017£63,374 £1,040 4
2016£67,750 £1,272 6
2015£65,750 £1,257 6
2014£75,550 £1,436 6
2013£69,500 £1,314 2
2012£60,500 £1,076 1
2011£70,917 £1,350 6
2009£68,750 £1,216 4
2008£91,714 £1,694 7
2007£87,231 £1,438 16
2006£82,242 £1,605 6
2005£72,617 £1,444 9
2004£61,783 £1,203 6
2003£53,169 £1,021 14
2002£40,053 £708 16
2001£29,388 £607 12
2000£30,750 £560 4
1999£29,779 £536 7
1998£28,792 £520 6
1997£26,889 £466 9
1996£32,357 £583 7
1995£28,450 £535 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£113,312 £1,348 8
2023£116,769 £1,507 13
2022£113,750 £1,449 8
2021£104,747 £1,487 16
2020£99,735 £1,337 11
2019£90,631 £1,174 23
2018£96,500 £1,290 10
2017£109,635 £1,464 17
2016£100,367 £1,447 15
2015£96,900 £1,329 13
2014£95,167 £1,152 6
2013£97,906 £1,234 16
2012£91,250 £1,277 10
2011£97,900 £1,433 6
2010£86,583 £1,110 6
2009£123,214 £1,535 7
2008£100,806 £1,421 8
2007£113,630 £1,498 30
2006£104,796 £1,449 27
2005£102,269 £1,316 26
2004£90,512 £1,336 39
2003£83,020 £1,090 22
2002£58,487 £717 19
2001£45,592 £579 28
2000£39,715 £532 23
1999£38,306 £511 18
1998£38,842 £519 12
1997£41,164 £562 21
1996£39,939 £483 18
1995£37,583 £460 23
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,0001
2023£280,000 £2,524 2
2022£240,500 £2,292 4
2021£210,000 £2,143 1
2020£181,000 £2,009 1
2019£201,083 £1,991 6
2018£181,833 £1,884 3
2017£200,000 £1,835 1
2016£193,583 £1,814 6
2015£181,667 £1,775 3
2014£181,994 £1,698 8
2013£170,625 £1,782 4
2012£187,000 £1,672 5
2011£165,000 £1,854 1
2010£164,500 £1,846 3
2009£171,633 £1,649 3
2008£194,000 £2,324 3
2007£196,733 £1,974 6
2006£201,681 £2,020 8
2005£175,195 £1,923 10
2004£150,322 £1,642 18
2003£136,512 £1,347 53
2002£114,925 £1,060 22
1999£38,000 £463 1
1997£54,0001
1995£48,500 £341 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£161,5005
2023£174,182 £2,089 11
2022£166,600 £2,049 5
2021£125,114 £1,802 11
2020£126,625 £1,558 10
2019£135,088 £1,681 17
2018£123,122 £1,597 16
2017£117,123 £1,495 14
2016£126,681 £1,695 8
2015£114,705 £1,432 11
2014£120,468 £1,561 20
2013£113,900 £1,644 10
2012£119,250 £1,695 14
2011£107,200 £1,224 5
2010£91,400 £1,296 5
2009£112,750 £1,429 4
2008£116,489 £1,833 9
2007£140,450 £1,884 13
2006£141,075 £1,745 12
2005£127,512 £1,840 12
2004£105,180 £1,660 33
2003£89,467 £1,297 24
2002£71,741 £1,071 17
2001£63,562 £730 12
2000£54,895 £589 10
1999£43,746 £559 12
1998£49,057 £643 14
1997£53,395 £573 10
1996£47,658 £536 6
1995£47,271 £712 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£148,000 £2,643 1
2022£5,6501
2021£3,650 £43 1
2019£1,0001
2018£2,912 £38 4
2016£111,500 £2,027 1

House Type in NE32 4RZ area

The most common house types in the NE32 4RZ postcode area are Terraced (106), Flat (6), and Semi-detached (4).

Total122
Terraced106
Flat6
Semi-detached4
Shared house3
Detached2
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (51), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright51
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency15
Social rented: Rents from council or Local Authority12
Shared ownership: Shared ownership4
Private rented: Other private rented2
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE32 4RZ have 2 people in household (51), and 1 person in household (36).

2 people in household51
1 person in household36
3 people in household22
4 people in household8
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0