Housing Market Analysis for VELVILLE COURT, NE3 2FA

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

Overview of Sold House prices

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

Terraced
- The average price is around £107,197 median price is £125,000 Standard Deviation is £39,354 with Total Sold: 15
- The Last 5 Year average price is £152,500 with Total Sold: 2
- The most recent sale happened at this postcode is 19 VELVILLE COURT: £150,000 (Sold on 01 Dec 2023)
- The first recorded sale happened at this postcode is 15 VELVILLE COURT: £49,950 (Sold on 27 May 1997)
Semi-Detached
- The average price is around £136,209 median price is £130,000 Standard Deviation is £73,726 with Total Sold: 16
- The Last 5 Year average price is £255,000 with Total Sold: 3
- The most recent sale happened at this postcode is 3 VELVILLE COURT: £300,000 (Sold on 24 Jul 2023)
- The first recorded sale happened at this postcode is 5 VELVILLE COURT: £58,000 (Sold on 29 Jul 1997)
Other
- The average price is around £5,650 median price is £5,650 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 14 VELVILLE COURT: £5,650 (Sold on 30 Mar 2017)
- The first recorded sale happened at this postcode is 14 VELVILLE COURT: £5,650 (Sold on 30 Mar 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 2FA 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	£152,500	£2,226	2
2016	£136,000	£2,018	1
2015	£107,500	£1,581	1
2014	£125,000	£2,193	1
2013	£125,000	£1,812	1
2011	£125,000	£1,854	1
2007	£136,000	£2,018	1
2006	£144,000	£2,057	1
2004	£135,000	£1,957	1
2001	£63,000	£913	1
1999	£54,750	£736	2
1998	£47,000	£691	1
1997	£49,950	£876	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£300,000	£2,752	1
2022	£232,500	£1,556	2
2014	£125,000	£1,623	1
2007	£189,950	£2,261	1
2006	£185,000	£2,202	1
2004	£157,500	£1,578	2
2003	£135,000	£1,239	1
2001	£75,950	£68	1
2000	£75,950	£904	1
1999	£63,625		4
1997	£58,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£5,650		1

All the Sales in the VELVILLE COURT, NE3 2FA

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

Address	Sold Date	Price	% Change
19 VELVILLE COURTTerraced, FreeholdArea: 68 Sq.mtrAge: 1967-1975	01 Dec 2023	£150,000	First Sale
11 VELVILLE COURTTerraced, LeaseholdArea: 69 Sq.mtrAge: 1950-1966	24 Jul 2023	£155,000	24.00%
	04 Apr 2013	£125,000	-7.41%
	25 May 2004	£135,000	114.29%
	20 Apr 2001	£63,000	First Sale
3 VELVILLE COURTSemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1976-1982	24 Jul 2023	£300,000	74.42%
	07 Sep 2004	£172,000	27.41%
	24 Oct 2003	£135,000	First Sale
6 VELVILLE COURTSemi-Detached, LeaseholdArea: 1121 Sq.mtrAge: 1976-1982	02 Dec 2022	£220,000	189.66%
	20 Apr 2001	£75,950	First Sale
32 VELVILLE COURTSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	28 Jul 2022	£245,000	28.98%
	10 Aug 2007	£189,950	2.68%
	26 May 2006	£185,000	143.58%
	17 Mar 2000	£75,950	First Sale
14 VELVILLE COURTOther, Freehold	30 Mar 2017	£5,650	First Sale
17 VELVILLE COURTTerraced, FreeholdArea: 67.406 Sq.mtrAge: 1976-1982	10 Jan 2016	£136,000	8.80%
	01 Mar 2011	£125,000	-8.09%
	15 Feb 2007	£136,000	First Sale
13 VELVILLE COURTTerraced, LeaseholdArea: 68 Sq.mtrAge: 1967-1975	31 Jul 2015	£107,500	128.72%
	07 Aug 1998	£47,000	First Sale
15 VELVILLE COURTTerraced, FreeholdArea: 57 Sq.mtrAge: 1976-1982	19 Sep 2014	£125,000	150.25%
	27 May 1997	£49,950	First Sale
16 VELVILLE COURTSemi-Detached, LeaseholdArea: 77 Sq.mtrAge: 1967-1975	15 Aug 2014	£125,000	First Sale
9 VELVILLE COURTTerraced, LeaseholdArea: 70 Sq.mtrAge: 1967-1975	27 Jan 2006	£144,000	179.61%
	04 Jun 1999	£51,500	First Sale
24 VELVILLE COURTSemi-Detached, Leasehold	21 Oct 2004	£143,000	First Sale
34 VELVILLE COURTSemi-Detached, Leasehold	25 Jun 1999	£67,500	-3.57%
34 VELVILLE COURTSemi-Detached, Leasehold	26 Mar 1999	£70,000	First Sale
8 VELVILLE COURTTerraced, Leasehold	18 Jun 1999	£58,000	0.0
	18 Jun 1999	£58,000	-1.69%
	30 Apr 1999	£59,000	First Sale
5 VELVILLE COURTSemi-Detached, Leasehold	29 Jul 1997	£58,000	First Sale

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

VELVILLE COURT, NE3 2FA Near By properties

Interactive Map

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

Detached
- The average price is around £278,318 median price is £275,000 Standard Deviation is £125,821 with Total Sold: 252
- The Last 5 Year average price is £371,380 with Total Sold: 95
- The most recent sale happened at this postcode is , 7 BROADFIELD MEADOWS: £525,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 6 MILVERTON COURT: £67,000 (Sold on 17 Mar 1995)
Semi-Detached
- The average price is around £130,715 median price is £138,000 Standard Deviation is £60,455 with Total Sold: 651
- The Last 5 Year average price is £197,525 with Total Sold: 105
- The most recent sale happened at this postcode is , 13 PINEWOOD CLOSE: £177,000 (Sold on 06 Aug 2024)
- The first recorded sale happened at this postcode is , 9 TUDOR WAY: £52,000 (Sold on 13 Jan 1995)
Terraced
- The average price is around £104,400 median price is £110,000 Standard Deviation is £51,100 with Total Sold: 475
- The Last 5 Year average price is £154,506 with Total Sold: 70
- The most recent sale happened at this postcode is , 2 TUDOR WAY: £120,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 20 TUDOR WAY: £44,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £65,685 median price is £55,000 Standard Deviation is £36,736 with Total Sold: 241
- The Last 5 Year average price is £83,407 with Total Sold: 38
- The most recent sale happened at this postcode is , 60 LYDFORD COURT: £50,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 16 MILVERTON COURT: £38,000 (Sold on 06 Jan 1995)
Other
- The average price is around £571,768 median price is £12,500 Standard Deviation is £1,451,227 with Total Sold: 36
- The Last 5 Year average price is £393,630 with Total Sold: 20
- The most recent sale happened at this postcode is , 21 WILMINGTON CLOSE: £5,650 (Sold on 18 Jul 2023)
- The first recorded sale happened at this postcode is , 1 KINGSTON PARK AVENUE: £15,000 (Sold on 26 Feb 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£422,500	£2,910	4
2023	£413,000	£3,052	9
2022	£396,688	£2,739	4
2021	£379,017	£2,773	25
2020	£359,735	£2,637	24
2019	£350,976	£2,591	29
2018	£339,842	£2,749	41
2017	£273,378	£2,389	9
2016	£227,500	£1,837	2
2015	£189,750	£2,486	2
2014	£256,250	£2,077	8
2013	£212,333	£2,221	3
2012	£152,375	£2,175	4
2011	£215,000	£1,558	1
2010	£255,000	£2,095	4
2009	£239,167	£2,232	3
2008	£175,000	£1,804	1
2007	£254,840	£2,145	10
2006	£247,475	£1,725	2
2005	£224,625	£2,381	8
2004	£253,999	£2,078	8
2003	£159,106	£1,596	8
2002	£145,500	£1,491	4
2001	£105,806	£1,193	8
2000	£95,438	£974	8
1999	£92,946	£622	8
1998	£83,325	£881	6
1997	£69,000		5
1996	£70,000	£714	2
1995	£68,500		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£221,921	£1,665	7
2023	£203,225	£2,647	24
2022	£224,706	£2,317	17
2021	£198,644	£2,290	25
2020	£174,846	£2,208	18
2019	£169,714	£2,101	14
2018	£171,868	£1,996	25
2017	£162,243	£2,040	23
2016	£169,603	£2,335	16
2015	£161,634	£2,070	16
2014	£153,784	£1,958	19
2013	£167,107	£2,026	14
2012	£147,500	£1,767	11
2011	£153,929	£1,879	14
2010	£158,371	£2,086	12
2009	£155,768	£2,078	11
2008	£158,654	£1,785	13
2007	£173,187	£2,119	26
2006	£159,026	£2,023	33
2005	£159,600	£1,875	16
2004	£158,922	£1,930	29
2003	£129,345	£1,622	31
2002	£91,838	£1,181	29
2001	£71,666	£891	35
2000	£72,715	£851	20
1999	£66,718	£803	31
1998	£56,550	£725	37
1997	£56,451	£695	39
1996	£52,525	£697	22
1995	£51,904	£658	24

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,875	£2,804	4
2023	£158,136	£2,466	11
2022	£191,227	£2,450	13
2021	£135,809	£2,118	16
2020	£140,042	£1,981	12
2019	£149,500	£2,135	14
2018	£142,821	£1,980	17
2017	£138,800	£2,184	13
2016	£132,660	£1,996	15
2015	£131,321	£1,992	14
2014	£117,337	£1,782	11
2013	£129,429	£1,995	7
2012	£123,275	£1,974	10
2011	£120,580	£1,793	10
2010	£138,292	£1,956	12
2009	£122,795	£1,914	10
2008	£169,321	£1,824	7
2007	£134,060	£2,155	15
2006	£126,903	£2,136	16
2005	£145,750	£1,987	20
2004	£125,748	£1,832	20
2003	£102,528	£1,516	29
2002	£72,335	£1,256	20
2001	£62,274	£977	21
2000	£59,988	£924	16
1999	£52,813	£785	23
1998	£51,306	£695	25
1997	£47,518	£772	30
1996	£43,095	£715	23
1995	£44,433	£678	21

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£62,500		4
2023	£97,812	£2,051	8
2022	£98,667	£2,025	6
2021	£75,645	£2,144	10
2020	£79,600	£1,510	5
2019	£78,100	£1,829	5
2018	£91,750	£1,604	2
2017	£65,833	£1,909	3
2016	£131,000	£1,873	3
2015	£68,862	£1,872	8
2014	£79,612	£1,688	4
2013	£77,000	£1,722	3
2012	£73,667	£2,026	3
2011	£48,500	£2,109	1
2010	£88,000	£1,944	3
2009	£99,667	£1,849	3
2008	£66,000	£2,898	2
2007	£129,625	£2,280	8
2006	£95,544	£2,385	9
2005	£97,150	£2,235	10
2004	£90,073	£2,244	13
2003	£69,136	£1,558	14
2002	£55,364	£1,175	18
2001	£51,720	£944	10
2000	£39,229	£832	14
1999	£41,144	£730	16
1998	£35,086	£804	21
1997	£40,733	£735	15
1996	£39,778	£719	9
1995	£35,218	£775	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,039,600		6
2022	£170,250	£2,549	2
2021	£102,240	£1,633	5
2020	£143,162	£1,787	4
2019	£70,217	£2,074	3
2018	£1,376,883	£12,533	3
2017	£326,799	£7,340	9
2016	£62,098	£2,449	2
2015	£5,500,000		1
2014	£15,000		1

House Type in NE3 2FA area

The most common house types in the NE3 2FA postcode area are Semi-detached (69), Detached (27), and Terraced (27).

Total	124
Semi-detached	69
Detached	27
Terraced	27
Flat	1
Shared house	0
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 (66), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright	66
Owned: Owns with a mortgage or loan	35
Private rented: Private landlord or letting agency	17
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 NE3 2FA have 2 people in household (47), and 1 person in household (28).

2 people in household	47
1 person in household	28
3 people in household	24
4 people in household	16
5 people in household	5
6 people in household	4
0 people in household	0
7 people in household	0
8 or more people in household	0