Housing Market Analysis for HEREFORD WAY, NE32 4TY

Are you looking to understand NE32 4TY 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 4TY area, explore the NE32 4TY Area information page.
For comprehensive crime statistics in the NE32 4TY area, explore the NE32 4TY Crime Rates page.

Overview of Sold House prices

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

Terraced
- The average price is around £65,828 median price is £70,000 Standard Deviation is £19,490 with Total Sold: 9
- The Last 5 Year average price is £70,667 with Total Sold: 3
- The most recent sale happened at this postcode is 20 HEREFORD WAY: £70,000 (Sold on 12 May 2023)
- The first recorded sale happened at this postcode is 33 HEREFORD WAY: £24,000 (Sold on 14 May 1999)
Flat
- The average price is around £54,956 median price is £54,975 Standard Deviation is £20,837 with Total Sold: 32
- The Last 5 Year average price is £64,333 with Total Sold: 3
- The most recent sale happened at this postcode is 33 HEREFORD WAY: £75,000 (Sold on 27 Apr 2020)
- The first recorded sale happened at this postcode is 17 HEREFORD WAY: £50,000 (Sold on 04 Sep 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE32 4TY 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£70,000	£1,296	1
2020	£57,000	£1,075	1
2019	£85,000	£1,198	1
2012	£77,000	£1,085	1
2008	£89,000	£1,780	1
2004	£72,725	£1,348	2
2002	£45,000	£763	1
1999	£24,000	£407	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£71,500	£1,254	2
2016	£72,500	£1,318	1
2014	£75,000	£1,363	1
2011	£73,333	£1,403	3
2007	£85,600	£1,568	2
2006	£79,975	£1,558	2
2004	£70,488	£1,356	4
2003	£49,983	£962	3
2002	£37,692	£716	6
2001	£29,967	£570	3
2000	£30,000		1
1998	£30,000	£545	1
1996	£29,000	£558	1
1995	£30,000	£599	1
2024	£50,000		1

All the Sales in the HEREFORD WAY, NE32 4TY

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

Address	Sold Date	Price	% Change
20 HEREFORD WAYTerraced, LeaseholdArea: 54 Sq.mtrAge: 1967-1975	12 May 2023	£70,000	52.17%
	22 Nov 2002	£46,000	130.00%
	24 Jul 2001	£20,000	First Sale
30 HEREFORD WAYTerraced, LeaseholdArea: 53 Sq.mtrAge: 1950-1966	20 Jul 2020	£57,000	-5.00%
	05 Jul 2011	£60,000	-25.00%
	30 Jun 2011	£80,000	25.00%
	28 May 2004	£64,000	83.12%
	19 Jan 2001	£34,950	16.50%
	22 Dec 1995	£30,000	First Sale
33 HEREFORD WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	27 Apr 2020	£75,000	7.22%
	05 Jul 2004	£69,950	55.44%
	28 Jun 2002	£45,000	87.50%
	14 May 1999	£24,000	First Sale
32 HEREFORD WAYFlat, LeaseholdArea: 55 Sq.mtrAge: 1967-1975	27 Mar 2020	£68,000	13.43%
	19 Sep 2003	£59,950	71.53%
	12 Jan 2001	£34,950	16.50%
	30 Jan 1998	£30,000	First Sale
23 HEREFORD WAYTerraced, FreeholdArea: 70.96 Sq.mtrAge: 1976-1982	31 Oct 2019	£85,000	10.39%
	13 Jul 2012	£77,000	First Sale
28 HEREFORD WAYFlat, LeaseholdArea: 55 Sq.mtrAge: 1967-1975	08 Jul 2016	£72,500	-15.94%
	23 Nov 2007	£86,250	97.37%
	31 Oct 2002	£43,700	First Sale
31 HEREFORD WAYFlat, LeaseholdArea: 55.02 Sq.mtrAge: 1967-1975	17 Jan 2014	£75,000	-6.19%
	24 Nov 2004	£79,950	119.04%
	02 Aug 2002	£36,500	First Sale
18 HEREFORD WAYFlat, LeaseholdArea: 51 Sq.mtrAge: 1950-1966	14 Oct 2011	£80,000	3.90%
	12 Nov 2004	£77,000	196.15%
	18 Jan 2002	£26,000	First Sale
21 HEREFORD WAYTerraced, LeaseholdArea: 50 Sq.mtrAge: 1967-1975	17 Jul 2008	£89,000	17.88%
	22 Oct 2004	£75,500	First Sale
26 HEREFORD WAYFlat, Leasehold	27 Jul 2007	£84,950	183.17%
26 HEREFORD WAYFlat, Leasehold	31 Aug 2000	£30,000	First Sale
22 HEREFORD WAYFlat, LeaseholdArea: 53.24 Sq.mtrAge: 1967-1975	14 Aug 2006	£82,950	186.03%
	22 Nov 1996	£29,000	First Sale
16 HEREFORD WAYFlat, Leasehold	10 Feb 2006	£77,000	62.11%
	07 Mar 2003	£47,500	58.33%
	14 Jan 2002	£30,000	First Sale
17 HEREFORD WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 1950-1966	08 Jun 2004	£61,000	22.00%
17 HEREFORD WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 1950-1966	04 Sep 2024	£50,000	First Sale
27 HEREFORD WAYFlat, LeaseholdArea: 51 Sq.mtrAge: 1967-1975	14 Feb 2003	£42,500	First Sale
29 HEREFORD WAYFlat, Leasehold	09 Oct 2002	£43,950	First Sale

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

HEREFORD WAY, NE32 4TY Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £106,050 median price is £100,000 Standard Deviation is £45,132 with Total Sold: 499
- The Last 5 Year average price is £149,127 with Total Sold: 84
- The most recent sale happened at this postcode is , 7A DURHAM DRIVE: £183,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 39 LINCOLN WAY: £50,000 (Sold on 21 Apr 1995)
Flat
- The average price is around £60,580 median price is £61,500 Standard Deviation is £25,132 with Total Sold: 357
- The Last 5 Year average price is £69,778 with Total Sold: 56
- 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 £79,844 median price is £80,000 Standard Deviation is £35,816 with Total Sold: 609
- The Last 5 Year average price is £101,019 with Total Sold: 109
- 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 £136,538 median price is £110,000 Standard Deviation is £60,752 with Total Sold: 131
- The Last 5 Year average price is £222,309 with Total Sold: 16
- The most recent sale happened at this postcode is , 18 DURHAM DRIVE: £231,000 (Sold on 19 Dec 2023)
- The first recorded sale happened at this postcode is , 3 WINCHESTER COURT: £69,000 (Sold on 24 Mar 1995)
Other
- The average price is around £200,511 median price is £5,650 Standard Deviation is £463,873 with Total Sold: 22
- The Last 5 Year average price is £195,270 with Total Sold: 14
- 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 , 1 CHESTER WAY: £3,195 (Sold on 22 Apr 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£170,429		7
2023	£167,265	£2,035	17
2022	£176,182	£2,182	11
2021	£125,929	£1,725	14
2020	£134,683	£1,704	15
2019	£138,448	£1,698	20
2018	£136,097	£1,701	15
2017	£120,177	£1,535	11
2016	£127,941	£1,580	17
2015	£119,268	£1,494	14
2014	£128,204	£1,576	24
2013	£113,800	£1,385	10
2012	£107,895	£1,502	19
2011	£118,250	£1,561	8
2010	£95,714	£1,310	7
2009	£126,833	£1,609	6
2008	£125,423	£1,820	15
2007	£132,302	£1,641	24
2006	£133,018	£1,614	27
2005	£126,741	£1,610	18
2004	£118,659	£1,357	21
2003	£79,446	£1,230	25
2002	£75,057	£979	27
2001	£65,517	£799	15
2000	£60,908	£796	18
1999	£50,043	£716	17
1998	£56,460	£737	24
1997	£57,177	£659	11
1996	£47,459	£562	12
1995	£54,163	£828	30

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£60,833	£1,193	9
2023	£81,550	£1,419	10
2022	£85,575	£1,421	10
2021	£66,917	£1,249	6
2020	£60,271	£1,121	12
2019	£62,672	£1,201	9
2018	£71,300	£1,225	5
2017	£68,549	£1,280	9
2016	£73,439	£1,320	14
2015	£67,461	£1,252	14
2014	£72,702	£1,296	14
2013	£61,286	£1,094	7
2012	£73,250	£1,306	2
2011	£70,364	£1,331	11
2010	£79,500	£1,409	3
2009	£68,000	£1,229	5
2008	£89,750	£1,663	8
2007	£87,737	£1,431	27
2006	£79,953	£1,437	17
2005	£86,350	£1,388	18
2004	£64,889	£1,310	19
2003	£49,540	£989	29
2002	£39,423	£709	22
2001	£31,433	£672	18
2000	£30,494	£554	8
1999	£29,586	£550	11
1998	£27,583	£590	9
1997	£28,571	£523	14
1996	£30,000	£583	11
1995	£29,458	£535	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£103,750	£943	6
2023	£112,184	£1,496	19
2022	£103,333	£1,247	15
2021	£100,521	£1,289	28
2020	£96,100	£1,224	15
2019	£94,268	£1,194	26
2018	£102,321	£1,195	14
2017	£102,578	£1,269	20
2016	£99,259	£1,363	16
2015	£99,475	£1,310	14
2014	£99,750	£1,102	14
2013	£92,130	£1,083	15
2012	£91,611	£1,260	9
2011	£90,790	£1,262	10
2010	£100,188	£1,302	8
2009	£118,500	£1,521	11
2008	£113,345	£1,404	10
2007	£114,761	£1,418	37
2006	£101,086	£1,356	29
2005	£95,603	£1,171	33
2004	£85,800	£1,056	27
2003	£75,029	£973	28
2002	£54,470	£803	27
2001	£45,970	£593	29
2000	£39,626	£540	31
1999	£36,371	£511	28
1998	£40,944	£482	18
1997	£39,894	£545	24
1996	£42,063	£482	23
1995	£37,504	£446	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£249,333	£2,275	3
2022	£248,000	£2,545	2
2021	£198,925	£2,248	4
2020	£223,667	£2,370	3
2019	£211,562	£1,978	4
2018	£194,975	£1,929	2
2017	£189,975	£2,065	2
2016	£204,075	£2,019	6
2014	£202,500	£2,470	1
2013	£151,000	£1,483	2
2012	£198,500	£1,658	5
2010	£170,000		1
2009	£175,000	£2,215	2
2008	£204,975	£2,056	2
2007	£193,600	£1,666	9
2006	£190,333	£1,961	3
2005	£174,488	£1,452	4
2004	£135,690	£1,296	5
2003	£152,625	£1,242	4
2002	£101,000	£847	5
2001	£92,500		2
2000	£93,857	£746	7
1999	£67,167	£624	3
1998	£91,750		2
1997	£65,333	£602	3
1996	£86,575	£894	16
1995	£79,128	£822	29

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£148,000	£2,643	1
2022	£16,916	£343	4
2021	£121,017	£1,111	7
2019	£835,500		2
2018	£3,790	£33	5
2017	£1,543,823		1
2016	£57,348	£1,029	2

House Type in NE32 4TY area

The most common house types in the NE32 4TY postcode area are Terraced (52), Semi-detached (43), and Flat (20).

Total	123
Terraced	52
Semi-detached	43
Flat	20
Detached	7
Shared house	1
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 (63), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	63
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	8
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE32 4TY have 2 people in household (56), and 1 person in household (32).

2 people in household	56
1 person in household	32
3 people in household	16
4 people in household	15
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0