Housing Market Analysis for FARNE AVENUE, NE3 2BJ

Are you looking to understand NE3 2BJ 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 2BJ area, explore the NE3 2BJ Area information page.
For comprehensive crime statistics in the NE3 2BJ area, explore the NE3 2BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE3 2BJ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £171,009 median price is £178,000 Standard Deviation is £60,664 with Total Sold: 23
    • The Last 5 Year average price is £262,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 11 FARNE AVENUE: £320,000 (Sold on 21 Feb 2023)
    • The first recorded sale happened at this postcode is 14 FARNE AVENUE: £227,000 (Sold on 15 Aug 2024)
  • Flat
    • The average price is around £125,000 median price is £125,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £125,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 27 FARNE AVENUE: £125,000 (Sold on 29 May 2020)
    • The first recorded sale happened at this postcode is 27 FARNE AVENUE: £125,000 (Sold on 29 May 2020)
  • Terraced
    • The average price is around £160,000 median price is £160,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 21 FARNE AVENUE: £160,000 (Sold on 18 Nov 2005)
    • The first recorded sale happened at this postcode is 21 FARNE AVENUE: £160,000 (Sold on 18 Nov 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 2BJ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£320,000 £3,810 1
2020£240,000 £2,857 1
2018£247,500 £1,949 1
2017£152,000 £2,621 1
2016£180,000 £2,784 3
2015£207,000 £1,917 1
2013£170,650 £1,779 4
2011£160,000 £1,892 1
2010£171,000 £1,613 1
2008£187,500 £2,180 1
2007£185,5001
2005£176,000 £1,925 2
2002£91,150 £1,381 1
2000£59,9752
1996£50,000 £862 1
2024£227,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£125,000 £1,420 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£160,000 £1,481 1

All the Sales in the FARNE AVENUE, NE3 2BJ

See the table below for more details on the sold house prices in the NE3 2BJ, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
11 FARNE AVENUESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1967-197521 Feb 2023£320,00033.33%
20 Mar 2020£240,00057.38%
13 Sep 2013£152,500First Sale
27 FARNE AVENUEFlat, LeaseholdArea: 88 Sq.mtrAge: 1950-196629 May 2020£125,000First Sale
15 FARNE AVENUESemi-Detached, LeaseholdArea: 127 Sq.mtrAge: 1950-196618 Apr 2018£247,500First Sale
2 FARNE AVENUESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1950-196616 Oct 2017£152,000204.00%
22 Mar 1996£50,000First Sale
4 FARNE AVENUESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1950-196625 Nov 2016£180,0000.0
25 Nov 2016£180,000First Sale
8 FARNE AVENUESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1950-196629 Mar 2016£180,00097.48%
22 Apr 2002£91,150First Sale
21 FARNE AVENUESemi-Detached, LeaseholdArea: 108 Sq.mtrAge: 1950-196627 Nov 2015£207,00029.38%
18 Nov 2005£160,000First Sale
12 FARNE AVENUESemi-Detached, FreeholdArea: 150 Sq.mtrAge: 1967-197520 Dec 2013£174,100First Sale
3 FARNE AVENUESemi-Detached, LeaseholdArea: 86 Sq.mtrAge: 1967-197522 Apr 2013£178,0000.0
22 Apr 2013£178,000-5.07%
07 Mar 2008£187,500First Sale
14 FARNE AVENUESemi-Detached, FreeholdArea: 84.55 Sq.mtrAge: 1950-196602 Sep 2011£160,000-29.52%
15 Aug 2024£227,000First Sale
23 FARNE AVENUESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1950-196627 Sep 2010£171,000-4.47%
19 Dec 2005£179,000First Sale
29 FARNE AVENUESemi-Detached, Freehold25 May 2007£185,500First Sale
17 FARNE AVENUESemi-Detached, Freehold13 May 2005£173,000First Sale
6 FARNE AVENUESemi-Detached, Leasehold31 May 2000£60,000First Sale
13 FARNE AVENUESemi-Detached, Freehold24 Mar 2000£59,950First Sale

Check out the sold house prices near the NE3 2BJ postcode. Properties currently for saleProperties currently for rent

FARNE AVENUE, NE3 2BJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE3 2BJ 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 2BJ postcode.

  • Terraced
    • The average price is around £101,810 median price is £97,000 Standard Deviation is £53,391 with Total Sold: 214
    • The Last 5 Year average price is £146,586 with Total Sold: 40
    • The most recent sale happened at this postcode is , 10 HOWICK AVENUE: £168,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 LINHOPE AVENUE: £66,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £60,388 median price is £60,000 Standard Deviation is £29,118 with Total Sold: 400
    • The Last 5 Year average price is £65,010 with Total Sold: 69
    • The most recent sale happened at this postcode is , 9 HAYDON CLOSE: £48,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 127 HAYDON CLOSE: £23,500 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £131,553 median price is £135,000 Standard Deviation is £60,454 with Total Sold: 549
    • The Last 5 Year average price is £181,905 with Total Sold: 119
    • The most recent sale happened at this postcode is , 14 FARNE AVENUE: £227,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 31 HAUXLEY DRIVE: £45,000 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £172,830 median price is £159,975 Standard Deviation is £99,880 with Total Sold: 128
    • The Last 5 Year average price is £249,677 with Total Sold: 31
    • The most recent sale happened at this postcode is , 6 LAUREL AVENUE: £302,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 9 ANCROFT WAY: £81,750 (Sold on 27 Jun 1996)
  • Other
    • The average price is around £637,989 median price is £355,000 Standard Deviation is £691,848 with Total Sold: 5
    • The Last 5 Year average price is £778,737 with Total Sold: 4
    • The most recent sale happened at this postcode is , 48 ACOMB CRESCENT: £355,000 (Sold on 29 Mar 2023)
    • The first recorded sale happened at this postcode is , 59 FALSTONE SQUARE: £75,000 (Sold on 05 Apr 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£168,0001
2023£162,083 £1,913 6
2022£146,143 £1,969 7
2021£137,062 £1,786 8
2020£170,700 £1,827 10
2019£112,056 £1,354 8
2018£126,883 £1,459 9
2017£118,625 £1,478 4
2016£94,889 £1,155 9
2015£201,250 £1,931 4
2014£81,750 £961 3
2013£109,675 £1,522 4
2012£114,000 £1,541 1
2011£115,350 £1,353 10
2010£81,500 £990 4
2009£82,662 £848 3
2008£145,000 £1,778 3
2007£127,506 £1,551 8
2006£126,357 £1,513 14
2005£114,731 £1,551 13
2004£90,639 £1,133 8
2003£90,583 £939 14
2002£75,314 £1,048 11
2001£71,878 £732 9
2000£49,431 £768 8
1999£52,717 £657 12
1998£37,406 £379 8
1997£35,493 £488 7
1996£44,428 £644 5
1995£47,000 £448 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£55,2502
2023£69,138 £1,581 14
2022£72,939 £1,346 18
2021£59,038 £1,229 15
2020£63,725 £1,247 10
2019£57,150 £1,236 10
2018£71,500 £1,416 13
2017£88,946 £1,489 14
2016£68,615 £1,259 13
2015£64,292 £1,407 12
2014£63,243 £1,271 15
2013£56,938 £1,205 8
2012£77,200 £1,319 10
2011£55,833 £1,230 6
2010£85,731 £1,357 13
2009£70,286 £1,530 7
2008£91,767 £1,695 3
2007£83,683 £2,015 22
2006£85,211 £1,742 23
2005£72,656 £1,519 16
2004£72,570 £1,602 20
2003£56,956 £1,237 24
2002£53,821 £905 17
2001£35,319 £669 26
2000£28,688 £634 12
1999£28,297 £574 15
1998£29,275 £551 8
1997£21,873 £593 11
1996£25,774 £553 10
1995£24,788 £504 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,000 £1,858 7
2023£212,761 £2,467 23
2022£204,972 £2,389 18
2021£176,698 £2,380 30
2020£164,792 £2,079 15
2019£158,535 £2,054 26
2018£169,300 £1,967 20
2017£153,289 £2,127 19
2016£159,280 £2,053 25
2015£150,585 £1,906 22
2014£146,071 £1,733 21
2013£139,467 £1,818 18
2012£139,533 £1,754 15
2011£133,800 £1,834 15
2010£154,145 £1,842 14
2009£125,800 £1,603 10
2008£137,108 £1,597 18
2007£164,562 £1,857 16
2006£148,200 £1,574 15
2005£148,530 £1,978 15
2004£134,300 £1,757 20
2003£118,038 £1,383 25
2002£81,986 £1,045 18
2001£73,125 £827 20
2000£63,822 £806 16
1999£66,629 £591 19
1998£53,618 £813 14
1997£52,645 £609 20
1996£49,402 £683 21
1995£45,244 £512 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£302,0001
2023£240,000 £2,055 6
2022£249,786 £2,521 7
2021£270,643 £2,507 7
2020£281,333 £2,097 6
2019£166,750 £2,115 4
2018£235,625 £1,937 4
2017£170,333 £1,912 3
2016£174,000 £1,872 5
2015£214,250 £1,912 4
2014£220,000 £1,560 1
2013£134,000 £1,743 5
2012£144,000 £1,560 2
2011£141,220 £1,487 5
2010£143,333 £1,441 3
2008£142,500 £1,481 2
2007£235,250 £2,466 6
2006£169,150 £2,622 3
2005£258,800 £1,823 5
2004£165,000 £1,723 2
2003£142,400 £1,593 5
2002£130,767 £1,135 9
2001£90,341 £870 11
2000£161,333 £1,371 3
1999£114,941 £701 6
1998£71,312 £525 4
1997£89,790 £422 5
1996£67,312 £676 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£355,000 £4,494 1
2022£1,979,9971
2020£580,000 £3,171 1
2019£199,950 £2,531 1
2018£75,000 £1,172 1

House Type in NE3 2BJ area

The most common house types in the NE3 2BJ postcode area are Semi-detached (70), Detached (27), and Terraced (12).

Total122
Semi-detached70
Detached27
Terraced12
Flat12
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright67
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency13
Social rented: Rents from council or Local Authority3
Private rented: Other private rented3
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE3 2BJ have 2 people in household (59), and 1 person in household (35).

2 people in household59
1 person in household35
3 people in household14
4 people in household6
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0