Housing Market Analysis for PARK AVENUE, NE3 2LE

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £132,294 median price is £125,000 Standard Deviation is £65,653 with Total Sold: 27
- The Last 5 Year average price is £241,333 with Total Sold: 3
- The most recent sale happened at this postcode is 56 PARK AVENUE: £132,000 (Sold on 06 Feb 2023)
- The first recorded sale happened at this postcode is 50 PARK AVENUE: £56,500 (Sold on 22 Sep 1995)
Terraced
- The average price is around £129,512 median price is £131,375 Standard Deviation is £35,358 with Total Sold: 16
- The Last 5 Year average price is £156,375 with Total Sold: 2
- The most recent sale happened at this postcode is 68 PARK AVENUE: £185,000 (Sold on 24 Jun 2022)
- The first recorded sale happened at this postcode is 139 PARK AVENUE: £46,000 (Sold on 31 Jul 1997)
Flat
- The average price is around £121,333 median price is £120,000 Standard Deviation is £13,912 with Total Sold: 3
- The most recent sale happened at this postcode is 68 PARK AVENUE: £139,000 (Sold on 15 Jul 2010)
- The first recorded sale happened at this postcode is 68 PARK AVENUE: £105,000 (Sold on 05 May 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 2LE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£132,000	£1,369	1
2022	£344,000	£3,127	1
2020	£248,000	£2,884	1
2017	£281,000	£2,443	1
2016	£138,000	£1,438	1
2015	£160,000	£2,051	1
2009	£124,475	£1,386	2
2008	£178,000	£2,282	1
2007	£136,000	£1,490	2
2006	£120,000		1
2004	£135,000	£1,374	3
2003	£121,667	£1,425	3
2002	£80,500	£837	2
2001	£90,000	£1,012	2
2000	£80,000		1
1999	£67,500	£865	1
1998	£67,500	£496	2
1995	£56,500	£657	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£185,000	£2,312	1
2020	£127,750	£1,468	1
2018	£156,500	£2,032	1
2017	£167,000	£1,796	1
2016	£120,000	£1,263	1
2015	£170,000	£2,054	1
2014	£141,000	£1,762	1
2013	£137,500	£1,478	1
2009	£125,500	£1,518	2
2007	£153,500	£1,651	1
2006	£135,000		1
2005	£117,500	£1,526	1
2003	£99,950	£1,162	1
2002	£64,500	£838	1
1997	£46,000	£535	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2010	£139,000	£1,738	1
2006	£112,500	£1,406	2

All the Sales in the PARK AVENUE, NE3 2LE

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

Address	Sold Date	Price	% Change
56 PARK AVENUESemi-Detached, FreeholdArea: 96.4 Sq.mtrAge: 1930-1949	06 Feb 2023	£132,000	-4.31%
	06 Nov 2009	£137,950	3.72%
	26 Nov 2004	£133,000	92.75%
	21 Mar 2002	£69,000	First Sale
48 PARK AVENUESemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1930-1949	30 Sep 2022	£344,000	First Sale
68 PARK AVENUETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	24 Jun 2022	£185,000	31.21%
	01 Aug 2014	£141,000	1.44%
	15 Jul 2010	£139,000	15.83%
	06 Oct 2006	£120,000	14.29%
	05 May 2006	£105,000	First Sale
74 PARK AVENUETerraced, FreeholdArea: 87 Sq.mtrAge: 1930-1949	10 Dec 2020	£127,750	First Sale
50 PARK AVENUESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	31 Jan 2020	£248,000	185.06%
	26 Jun 2001	£87,000	53.98%
	22 Sep 1995	£56,500	First Sale
66 PARK AVENUETerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	23 Apr 2018	£156,500	33.19%
	16 Jun 2005	£117,500	82.17%
	10 Jun 2002	£64,500	First Sale
143 PARK AVENUETerraced, FreeholdArea: 93 Sq.mtrAge: 1950-1966	19 Jul 2017	£167,000	21.45%
	26 Apr 2013	£137,500	-10.42%
	12 Jan 2007	£153,500	First Sale
121 PARK AVENUESemi-Detached, FreeholdArea: 115 Sq.mtrAge: 1930-1949	31 Mar 2017	£281,000	392.98%
	18 Jun 1998	£57,000	First Sale
127 PARK AVENUESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	07 Oct 2016	£138,000	10.40%
	30 Jan 2004	£125,000	35.87%
	12 Sep 2002	£92,000	First Sale
78 PARK AVENUETerraced, FreeholdArea: 95 Sq.mtrAge: 1950-1966	10 Jun 2016	£120,000	First Sale
115 PARK AVENUESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	16 Oct 2015	£160,000	-10.11%
	29 Jan 2008	£178,000	36.92%
	30 Jun 2003	£130,000	92.59%
	12 Mar 1999	£67,500	First Sale
129 PARK AVENUETerraced, FreeholdArea: 82.78 Sq.mtrAge: 1950-1966	24 Sep 2015	£170,000	53.15%
	06 May 2009	£111,000	13.27%
	17 Jan 2003	£98,000	First Sale
52 PARK AVENUETerraced, FreeholdArea: 100.04 Sq.mtrAge: 1950-1966	22 Dec 2009	£124,000	First Sale
64 PARK AVENUETerraced, FreeholdArea: 70.73 Sq.mtrAge: 1930-1949	13 Feb 2009	£127,000	First Sale
141 PARK AVENUESemi-Detached, FreeholdArea: 101.98 Sq.mtrAge: 1950-1966	03 Oct 2007	£152,000	3.40%
	03 Sep 2004	£147,000	First Sale
86 PARK AVENUESemi-Detached, Freehold	25 May 2007	£120,000	First Sale
82 PARK AVENUETerraced, Freehold	31 Mar 2006	£135,000	First Sale
72 PARK AVENUESemi-Detached, Freehold	05 Jan 2006	£120,000	First Sale
117 PARK AVENUESemi-Detached, Freehold	17 Oct 2003	£137,000	71.25%
117 PARK AVENUESemi-Detached, Freehold	05 Oct 2000	£80,000	First Sale
139 PARK AVENUETerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	11 Apr 2003	£99,950	117.28%
	31 Jul 1997	£46,000	First Sale
119 PARK AVENUESemi-Detached, Freehold	22 Feb 2001	£93,000	19.23%
119 PARK AVENUESemi-Detached, Freehold	04 Dec 1998	£78,000	First Sale

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

PARK AVENUE, NE3 2LE Near By properties

Interactive Map

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

Terraced
- The average price is around £158,033 median price is £158,000 Standard Deviation is £74,135 with Total Sold: 753
- The Last 5 Year average price is £231,116 with Total Sold: 128
- The most recent sale happened at this postcode is , 39 WESTBOURNE AVENUE: £322,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 91 PARK AVENUE: £40,456 (Sold on 03 Feb 1995)
Flat
- The average price is around £127,407 median price is £135,000 Standard Deviation is £49,907 with Total Sold: 625
- The Last 5 Year average price is £121,870 with Total Sold: 101
- The most recent sale happened at this postcode is 33, BROADWAY COURT HIGHBRIDGE: £197,000 (Sold on 26 Jun 2024)
- The first recorded sale happened at this postcode is , 55 CRASTER SQUARE: £28,000 (Sold on 30 Jun 1995)
Semi-Detached
- The average price is around £153,970 median price is £158,000 Standard Deviation is £73,407 with Total Sold: 671
- The Last 5 Year average price is £237,078 with Total Sold: 109
- The most recent sale happened at this postcode is , 39 KENSINGTON AVENUE: £309,500 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 107 PARK AVENUE: £47,500 (Sold on 04 Jan 1995)
Detached
- The average price is around £228,560 median price is £200,000 Standard Deviation is £128,889 with Total Sold: 29
- The Last 5 Year average price is £421,500 with Total Sold: 4
- The most recent sale happened at this postcode is , 11 PRINCES AVENUE: £268,500 (Sold on 04 Sep 2023)
- The first recorded sale happened at this postcode is , GRANGE COTTAGE BROADWAY WEST: £256,995 (Sold on 11 Nov 1999)
Other
- The average price is around £1,697,659 median price is £295,000 Standard Deviation is £2,956,867 with Total Sold: 13
- The Last 5 Year average price is £1,976,611 with Total Sold: 9
- The most recent sale happened at this postcode is FLAT 25, KIRKLEY LODGE PARK AVENUE: £96,000 (Sold on 26 May 2023)
- The first recorded sale happened at this postcode is , REGENT POINT REGENT FARM ROAD: £3,614,500 (Sold on 08 Nov 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£260,417	£2,741	6
2023	£252,450	£2,705	20
2022	£251,042	£2,663	21
2021	£226,226	£2,346	40
2020	£219,359	£2,295	23
2019	£200,289	£2,107	18
2018	£207,765	£2,143	32
2017	£205,520	£2,116	25
2016	£190,056	£1,920	18
2015	£199,402	£2,144	26
2014	£173,113	£1,797	26
2013	£182,000	£1,835	15
2012	£180,571	£1,766	14
2011	£173,737	£1,786	19
2010	£170,615	£1,783	22
2009	£166,348	£1,706	20
2008	£178,409	£1,736	11
2007	£185,011	£1,857	32
2006	£165,320	£1,758	50
2005	£170,764	£1,774	32
2004	£163,304	£1,614	50
2003	£129,357	£1,439	29
2002	£118,632	£1,152	28
2001	£86,852	£876	28
2000	£71,352	£846	24
1999	£71,996	£789	27
1998	£64,400	£647	30
1997	£60,785	£628	24
1996	£59,185	£580	27
1995	£59,666	£565	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£115,625	£2,112	8
2023	£106,068	£1,736	22
2022	£108,547	£1,797	19
2021	£139,667	£1,931	15
2020	£127,875	£1,889	16
2019	£135,571	£1,965	21
2018	£102,362	£1,586	20
2017	£132,984	£1,975	22
2016	£126,221	£2,198	19
2015	£113,896	£1,834	17
2014	£76,768	£1,211	50
2013	£118,599	£1,814	14
2012	£128,341	£2,018	16
2011	£130,329	£2,498	12
2010	£124,600	£1,887	10
2009	£132,278	£2,142	9
2008	£151,288	£2,549	12
2007	£140,932	£2,368	22
2006	£141,938	£2,132	43
2005	£145,955	£2,469	11
2004	£170,963	£2,387	100
2003	£140,443	£2,224	54
2002	£117,690	£1,924	57
2001	£121,795	£2,315	11
2000	£39,400	£500	5
1999	£51,775	£670	4
1998	£49,875	£729	4
1997	£44,288	£581	4
1996	£41,760	£562	5
1995	£39,333	£641	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,833	£3,703	6
2023	£229,501	£2,403	17
2022	£274,133	£3,019	15
2021	£241,437	£2,622	29
2020	£226,868	£2,532	19
2019	£218,905	£2,377	23
2018	£194,287	£2,190	27
2017	£214,613	£2,399	24
2016	£199,620	£2,158	32
2015	£185,842	£2,143	19
2014	£193,533	£2,139	15
2013	£162,880	£1,838	25
2012	£170,973	£1,865	19
2011	£169,861	£1,902	18
2010	£181,637	£1,926	19
2009	£142,345	£1,813	20
2008	£202,793	£1,812	14
2007	£168,284	£2,034	30
2006	£173,167	£1,832	26
2005	£176,333	£2,006	9
2004	£168,289	£1,665	27
2003	£143,861	£1,477	27
2002	£98,440	£1,062	28
2001	£82,371	£920	28
2000	£75,348	£780	29
1999	£70,175	£736	36
1998	£65,447	£682	30
1997	£59,796	£579	15
1996	£55,087	£655	27
1995	£58,414	£673	18

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£262,500	£3,534	2
2020	£580,500	£3,060	2
2015	£356,250	£2,083	1
2012	£161,000	£2,477	1
2009	£150,000	£1,744	1
2008	£228,000	£1,966	1
2006	£236,000	£2,165	1
2005	£167,375	£1,615	4
2004	£228,750	£2,118	2
2003	£162,500	£1,726	2
2002	£204,375	£1,627	8
2000	£155,667	£1,185	3
1999	£256,995		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£195,500	£2,525	2
2022	£250,000		1
2021	£4,711,750	£2,271	2
2020	£3,745,000		2
2019	£117,500	£2,367	2
2018	£125		1
2017	£310,000	£5,000	1
2015	£355,437	£5,078	1
2013	£3,614,500		1

House Type in NE3 2LE area

The most common house types in the NE3 2LE postcode area are Terraced (51), Semi-detached (48), and Flat (12).

Total	113
Terraced	51
Semi-detached	48
Flat	12
Detached	2
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 Social rented: Rents from council or Local Authority (40), and Owned: Owns outright (33).

Social rented: Rents from council or Local Authority	40
Owned: Owns outright	33
Owned: Owns with a mortgage or loan	26
Private rented: Private landlord or letting agency	14
Private rented: Other private rented	3
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE3 2LE have 1 person in household (40), and 2 people in household (33).

1 person in household	40
2 people in household	33
4 people in household	21
3 people in household	13
5 people in household	6
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0