Housing Market Analysis for LEICESTER WAY, NE32 4XJ

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

Overview of Sold House prices

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

Flat
- The average price is around £56,643 median price is £59,500 Standard Deviation is £20,916 with Total Sold: 22
- The Last 5 Year average price is £67,000 with Total Sold: 3
- The most recent sale happened at this postcode is 22 LEICESTER WAY: £87,000 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 48 LEICESTER WAY: £28,000 (Sold on 12 Apr 1996)
Terraced
- The average price is around £46,050 median price is £37,500 Standard Deviation is £21,611 with Total Sold: 9
- The most recent sale happened at this postcode is 42 LEICESTER WAY: £86,500 (Sold on 15 Sep 2006)
- The first recorded sale happened at this postcode is 42 LEICESTER WAY: £29,000 (Sold on 14 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE32 4XJ 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
2023	£87,000	£1,426	1
2022	£50,000	£926	1
2021	£64,000	£1,185	1
2018	£60,000	£1,250	1
2017	£72,500	£1,422	1
2015	£56,500	£938	1
2014	£70,000	£1,296	1
2011	£67,500	£1,250	1
2008	£92,000	£1,508	1
2007	£85,500		1
2006	£80,500	£1,491	1
2005	£74,950	£1,561	1
2003	£56,333	£1,129	3
2002	£46,950		1
2001	£31,250		1
1999	£28,500	£559	1
1998	£24,000		1
1997	£26,000	£481	1
1996	£30,000	£607	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£86,500	£1,696	1
2005	£79,950	£1,510	1
2003	£56,000	£918	1
2002	£36,000	£692	2
2000	£32,250	£562	2
1999	£26,500		1
1997	£29,000	£569	1

All the Sales in the LEICESTER WAY, NE32 4XJ

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

Address	Sold Date	Price	% Change
22 LEICESTER WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	06 Oct 2023	£87,000	-5.43%
	12 Nov 2008	£92,000	64.29%
	23 May 2003	£56,000	49.33%
	01 Dec 2000	£37,500	First Sale
30 LEICESTER WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 1950-1966	07 Apr 2022	£50,000	-28.57%
	21 Aug 2014	£70,000	13.82%
	24 Nov 2003	£61,500	92.19%
	30 Dec 1996	£32,000	First Sale
36 LEICESTER WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 1967-1975	24 Sep 2021	£64,000	-5.19%
	18 Nov 2011	£67,500	First Sale
44 LEICESTER WAYFlat, LeaseholdArea: 48 Sq.mtrAge: 1976-1982	18 May 2018	£60,000	-19.95%
	29 Apr 2005	£74,950	First Sale
42 LEICESTER WAYFlat, LeaseholdArea: 51 Sq.mtrAge: 1950-1966	20 Dec 2017	£72,500	-16.18%
	15 Sep 2006	£86,500	154.41%
	08 Jul 2002	£34,000	17.24%
	14 Nov 1997	£29,000	First Sale
24 LEICESTER WAYFlat, LeaseholdArea: 60.23 Sq.mtrAge: 1976-1982	09 Apr 2015	£56,500	-29.81%
	10 Feb 2006	£80,500	36.44%
	09 Sep 2003	£59,000	126.92%
	05 Dec 1997	£26,000	First Sale
32 LEICESTER WAYFlat, Leasehold	30 Nov 2007	£85,500	First Sale
40 LEICESTER WAYTerraced, LeaseholdArea: 52.942 Sq.mtrAge: 1967-1975	31 Jan 2005	£79,950	110.39%
	22 May 2002	£38,000	40.74%
	25 May 2000	£27,000	First Sale
LAND ASSOCIATED WITH, 38 LAND ASSOCIATED WITHFlat, Leasehold	02 May 2003	£48,500	55.20%
	31 Oct 2001	£31,250	First Sale
LAND ASSOCIATED WITH, 32 LAND ASSOCIATED WITHFlat, Leasehold	14 Nov 2002	£46,950	First Sale
LAND ASSOCIATED WITH, 36 LAND ASSOCIATED WITHTerraced, Leasehold	19 Nov 1999	£26,500	First Sale
38 LEICESTER WAYFlat, LeaseholdArea: 51 Sq.mtrAge: 1976-1982	02 Aug 1999	£28,500	First Sale
26 LEICESTER WAYFlat, Leasehold	28 Apr 1998	£24,000	First Sale
48 LEICESTER WAYFlat, Leasehold	12 Apr 1996	£28,000	First Sale

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

LEICESTER WAY, NE32 4XJ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £110,181 median price is £112,000 Standard Deviation is £44,702 with Total Sold: 309
- The Last 5 Year average price is £148,851 with Total Sold: 59
- 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 £80,871 median price is £77,250 Standard Deviation is £36,476 with Total Sold: 416
- The Last 5 Year average price is £100,912 with Total Sold: 68
- 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 £67,122 median price is £5,650 Standard Deviation is £145,753 with Total Sold: 16
- The Last 5 Year average price is £102,539 with Total Sold: 8
- 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	£176,333		6
2023	£169,917	£2,072	12
2022	£178,200	£1,971	5
2021	£120,500	£1,665	8
2020	£131,275	£1,626	10
2019	£139,858	£1,693	18
2018	£145,550	£1,706	9
2017	£127,083	£1,509	6
2016	£131,791	£1,577	12
2015	£131,650	£1,703	10
2014	£128,860	£1,644	15
2013	£126,167	£1,497	6
2012	£106,357	£1,495	14
2011	£128,600	£1,618	5
2010	£91,667	£1,405	6
2009	£127,800	£1,573	5
2008	£142,050	£1,967	8
2007	£131,189	£1,615	18
2006	£142,360	£1,741	15
2005	£121,294	£1,696	10
2004	£125,571	£1,103	7
2003	£77,668	£1,242	14
2002	£77,228	£932	18
2001	£66,229	£815	12
2000	£59,550	£631	10
1999	£57,389	£752	9
1998	£56,260	£701	14
1997	£57,328	£659	9
1996	£45,744	£521	8
1995	£50,340	£712	10

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	£113,038	£1,561	13
2022	£101,455	£1,254	11
2021	£99,618	£1,287	22
2020	£93,222	£1,100	9
2019	£96,723	£1,306	11
2018	£99,864	£1,165	11
2017	£104,909	£1,298	16
2016	£96,105	£1,342	11
2015	£101,595	£1,364	10
2014	£107,214	£1,077	7
2013	£92,136	£959	7
2012	£96,750	£1,464	4
2011	£92,112	£1,306	8
2010	£98,125	£1,152	4
2009	£110,611	£1,532	9
2008	£114,786	£1,401	7
2007	£116,386	£1,579	25
2006	£101,902	£1,382	25
2005	£98,266	£1,266	24
2004	£86,455	£1,067	20
2003	£72,385	£884	23
2002	£56,271	£855	21
2001	£46,230	£668	15
2000	£40,245	£576	22
1999	£35,865	£539	23
1998	£44,069	£525	13
1997	£41,081	£599	18
1996	£45,979	£534	14
1995	£42,559	£534	11

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	£16,916	£343	4
2021	£301,825	£43	2
2019	£1,000		1
2018	£23,158	£33	6
2016	£57,348	£1,029	2

House Type in NE32 4XJ area

The most common house types in the NE32 4XJ 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 4XJ 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