Housing Market Analysis for LANCASTER WAY, NE32 4UH

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

Overview of Sold House prices

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

Flat
- The average price is around £64,787 median price is £75,000 Standard Deviation is £20,934 with Total Sold: 19
- The Last 5 Year average price is £72,000 with Total Sold: 4
- The most recent sale happened at this postcode is 36 LANCASTER WAY: £75,000 (Sold on 30 Jan 2024)
- The first recorded sale happened at this postcode is 26 LANCASTER WAY: £30,000 (Sold on 16 Oct 1996)
Semi-Detached
- The average price is around £88,917 median price is £59,000 Standard Deviation is £50,473 with Total Sold: 3
- The most recent sale happened at this postcode is 43 LANCASTER WAY: £160,000 (Sold on 25 Jun 2007)
- The first recorded sale happened at this postcode is 41 LANCASTER WAY: £47,750 (Sold on 16 Sep 1998)
Terraced
- The average price is around £37,362 median price is £30,725 Standard Deviation is £14,381 with Total Sold: 4
- The most recent sale happened at this postcode is 28 LANCASTER WAY: £62,000 (Sold on 20 Nov 2003)
- The first recorded sale happened at this postcode is 28 LANCASTER WAY: £26,000 (Sold on 19 Feb 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE32 4UH 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£75,000	£1,379	1
2023	£74,000	£1,397	2
2019	£65,000	£1,204	1
2015	£77,650	£1,369	3
2010	£82,500	£1,246	1
2007	£87,000	£1,679	2
2006	£78,250	£1,463	2
2005	£81,000	£1,223	1
2004	£58,500	£1,104	1
2000	£32,250	£468	2
1998	£31,500		1
1997	£31,500	£583	1
1996	£30,000	£556	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£160,000		1
2003	£59,000	£1,180	1
1998	£47,750		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£62,000	£1,166	1
1999	£29,150	£491	3

All the Sales in the LANCASTER WAY, NE32 4UH

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

Address	Sold Date	Price	% Change
36 LANCASTER WAYFlat, FreeholdArea: 54.4 Sq.mtrAge: 1967-1975	30 Jan 2024	£75,000	First Sale
25 LANCASTER WAYFlat, LeaseholdArea: 52 Sq.mtrAge: 1967-1975	08 Mar 2023	£75,000	First Sale
29 LANCASTER WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 1950-1966	03 Mar 2023	£73,000	131.75%
	21 Nov 1997	£31,500	First Sale
26 LANCASTER WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 1950-1966	07 Nov 2019	£65,000	-21.69%
	11 May 2007	£83,000	5.06%
	07 Apr 2006	£79,000	163.33%
	16 Oct 1996	£30,000	First Sale
35 LANCASTER WAYFlat, LeaseholdArea: 52.549 Sq.mtrAge: 1967-1975	23 Nov 2015	£77,000	-0.65%
	03 Jan 2006	£77,500	32.48%
	25 Feb 2004	£58,500	First Sale
38 LANCASTER WAYFlat, LeaseholdArea: 66.22 Sq.mtrAge: 1976-1982	21 Aug 2015	£79,950	-3.09%
	21 Dec 2010	£82,500	1.85%
	29 Jul 2005	£81,000	161.29%
	15 Sep 2000	£31,000	First Sale
28 LANCASTER WAYFlat, LeaseholdArea: 53 Sq.mtrAge: 1976-1982	17 Jul 2015	£76,000	22.58%
	20 Nov 2003	£62,000	138.46%
	19 Feb 1999	£26,000	First Sale
37 LANCASTER WAYFlat, LeaseholdArea: 50 Sq.mtrAge: 1967-1975	07 Nov 2007	£91,000	First Sale
43 LANCASTER WAYSemi-Detached, Freehold	25 Jun 2007	£160,000	First Sale
27 LANCASTER WAYSemi-Detached, LeaseholdArea: 50 Sq.mtrAge: 1976-1982	08 Aug 2003	£59,000	First Sale
31 LANCASTER WAYFlat, Leasehold	12 May 2000	£33,500	6.35%
31 LANCASTER WAYFlat, Leasehold	15 Jun 1998	£31,500	First Sale
34 LANCASTER WAYTerraced, Leasehold	16 Jul 1999	£29,500	First Sale
33 LANCASTER WAYTerraced, Leasehold	16 Apr 1999	£31,950	First Sale
41 LANCASTER WAYSemi-Detached, Leasehold	16 Sep 1998	£47,750	First Sale

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

LANCASTER WAY, NE32 4UH Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £114,391 median price is £125,000 Standard Deviation is £45,717 with Total Sold: 245
- The Last 5 Year average price is £158,488 with Total Sold: 43
- 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 £59,868 median price is £61,000 Standard Deviation is £23,973 with Total Sold: 327
- The Last 5 Year average price is £68,737 with Total Sold: 52
- 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 £82,519 median price is £79,975 Standard Deviation is £38,297 with Total Sold: 328
- The Last 5 Year average price is £105,394 with Total Sold: 42
- 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 , 15 PETERBOROUGH WAY: £44,000 (Sold on 28 Apr 1995)
Detached
- The average price is around £152,223 median price is £174,950 Standard Deviation is £56,229 with Total Sold: 43
- The Last 5 Year average price is £206,550 with Total Sold: 5
- 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 £72,685 median price is £5,650 Standard Deviation is £154,679 with Total Sold: 14
- The Last 5 Year average price is £127,325 with Total Sold: 6
- 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	£176,100		5
2023	£178,600	£2,150	10
2022	£176,500	£1,977	4
2021	£125,000	£1,818	6
2020	£150,000	£1,816	5
2019	£149,423	£1,865	13
2018	£167,990	£1,883	5
2017	£149,375	£1,724	4
2016	£144,277	£1,746	9
2015	£130,723	£1,724	9
2014	£135,405	£1,711	11
2013	£140,250	£1,611	4
2012	£119,571	£1,725	7
2011	£145,000	£1,875	4
2010	£106,000	£1,405	5
2009	£127,800	£1,573	5
2008	£155,233	£1,967	6
2007	£149,204	£1,787	12
2006	£145,528	£1,741	14
2005	£128,430	£1,794	8
2004	£125,571	£1,103	7
2003	£81,373	£1,242	13
2002	£79,131	£1,013	16
2001	£68,977	£815	11
2000	£61,833	£631	9
1999	£57,375	£752	8
1998	£55,887	£701	12
1997	£57,328	£659	9
1996	£49,992	£632	6
1995	£51,431	£712	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£60,312	£1,193	8
2023	£73,389	£1,364	9
2022	£85,575	£1,421	10
2021	£66,917	£1,249	6
2020	£61,000	£1,142	10
2019	£62,672	£1,201	9
2018	£71,300	£1,225	5
2017	£68,549	£1,280	9
2016	£68,017	£1,297	12
2015	£68,188	£1,254	13
2014	£68,485	£1,348	12
2013	£55,667	£1,118	6
2012	£73,250	£1,306	2
2011	£65,167	£1,247	9
2010	£79,500	£1,409	3
2009	£71,750	£1,357	4
2008	£93,675	£1,665	6
2007	£88,735	£1,542	23
2006	£79,060	£1,499	15
2005	£86,350	£1,388	18
2004	£67,339	£1,371	18
2003	£49,990	£995	27
2002	£39,423	£709	22
2001	£31,900	£687	17
2000	£31,493	£554	7
1999	£30,445	£579	10
1998	£27,583	£590	9
1997	£29,308	£537	13
1996	£29,611	£578	9
1995	£29,458	£535	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£91,000	£943	2
2023	£112,000	£1,757	6
2022	£104,917	£1,405	6
2021	£111,842	£1,549	12
2020	£100,333	£1,236	6
2019	£99,895	£1,363	10
2018	£107,389	£1,256	9
2017	£121,922	£1,535	9
2016	£105,812	£1,585	8
2015	£104,772	£1,421	9
2014	£114,250	£1,161	6
2013	£117,333	£1,456	3
2012	£96,750	£1,464	4
2011	£95,843	£1,378	7
2010	£98,125	£1,152	4
2009	£118,250	£1,475	6
2008	£114,786	£1,401	7
2007	£122,562	£1,698	20
2006	£104,213	£1,536	19
2005	£101,519	£1,328	21
2004	£90,862	£1,209	17
2003	£78,556	£957	17
2002	£57,309	£855	17
2001	£46,230	£668	15
2000	£40,416	£600	19
1999	£35,632	£544	22
1998	£47,345	£590	10
1997	£42,730	£599	15
1996	£47,092	£566	13
1995	£44,017	£603	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£231,000	£2,026	1
2021	£180,000	£2,069	1
2020	£243,500	£1,980	1
2019	£189,125	£1,801	2
2018	£194,975	£1,929	2
2017	£189,975	£2,065	2
2016	£242,500	£1,917	2
2013	£160,000	£1,212	1
2012	£191,250	£1,576	4
2010	£170,000		1
2009	£175,000	£2,215	2
2007	£186,750	£1,500	4
2005	£155,000	£1,452	2
2003	£164,167		3
2002	£118,000	£965	2
2000	£90,000	£682	4
1999	£86,500		1
1998	£88,000		1
1997	£65,333	£602	3
1995	£74,238	£667	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£148,000	£2,643	1
2022	£5,650		2
2021	£301,825	£43	2
2019	£1,000		1
2018	£23,158	£33	6
2016	£57,348	£1,029	2

House Type in NE32 4UH area

The most common house types in the NE32 4UH postcode area are Flat (54), Semi-detached (40), and Detached (7).

Total	103
Flat	54
Semi-detached	40
Detached	7
Terraced	1
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 (51), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright	51
Owned: Owns with a mortgage or loan	27
Private rented: Private landlord or letting agency	19
Private rented: Other private rented	6
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE32 4UH have 1 person in household (48), and 2 people in household (42).

1 person in household	48
2 people in household	42
3 people in household	6
4 people in household	6
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0