Housing Market Analysis for BUDLE CLOSE, NE3 2NR

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £67,475 median price is £67,475 Standard Deviation is £12,475 with Total Sold: 2
    • The Last 5 Year average price is £55,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 BUDLE CLOSE: £55,000 (Sold on 18 Jun 2021)
    • The first recorded sale happened at this postcode is 4 BUDLE CLOSE: £79,950 (Sold on 08 Oct 2007)
  • Flat
    • The average price is around £63,667 median price is £46,000 Standard Deviation is £25,695 with Total Sold: 3
    • The Last 5 Year average price is £45,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 BUDLE CLOSE: £46,000 (Sold on 02 Nov 2020)
    • The first recorded sale happened at this postcode is 5 BUDLE CLOSE: £100,000 (Sold on 08 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 2NR 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£55,000 £1,263 1
2007£79,950 £1,817 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£45,500 £1,000 2
2003£100,0001

All the Sales in the BUDLE CLOSE, NE3 2NR

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

AddressSold DatePrice% Change
4 BUDLE CLOSETerraced, LeaseholdArea: 43.53 Sq.mtrAge: 1950-196618 Jun 2021£55,000-31.21%
08 Oct 2007£79,950First Sale
6 BUDLE CLOSEFlat, LeaseholdArea: 45 Sq.mtrAge: 1967-197502 Nov 2020£46,000First Sale
7 BUDLE CLOSEFlat, LeaseholdArea: 46 Sq.mtrAge: 1950-196617 Jul 2020£45,000First Sale
5 BUDLE CLOSEFlat, Leasehold08 Jul 2003£100,000First Sale

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

BUDLE CLOSE, NE3 2NR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £139,678 median price is £140,000 Standard Deviation is £68,061 with Total Sold: 802
    • The Last 5 Year average price is £208,177 with Total Sold: 140
    • The most recent sale happened at this postcode is , 11 MEADOWFIELD AVENUE: £365,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 107 PARK AVENUE: £47,500 (Sold on 04 Jan 1995)
  • Terraced
    • The average price is around £142,974 median price is £139,975 Standard Deviation is £69,286 with Total Sold: 650
    • The Last 5 Year average price is £207,391 with Total Sold: 130
    • 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 , 91 PARK AVENUE: £40,456 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £170,296 median price is £160,000 Standard Deviation is £106,819 with Total Sold: 79
    • The Last 5 Year average price is £251,763 with Total Sold: 19
    • 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 , 7 MEADOWFIELD AVENUE: £58,000 (Sold on 24 May 1996)
  • Flat
    • The average price is around £67,034 median price is £65,000 Standard Deviation is £24,183 with Total Sold: 339
    • The Last 5 Year average price is £77,971 with Total Sold: 54
    • The most recent sale happened at this postcode is FLAT 29, KIRKLEY LODGE PARK AVENUE: £71,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 55 CRASTER SQUARE: £28,000 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £703,016 median price is £262,500 Standard Deviation is £947,949 with Total Sold: 18
    • The Last 5 Year average price is £362,222 with Total Sold: 10
    • The most recent sale happened at this postcode is , 3 WILLOWFIELD AVENUE: £250,000 (Sold on 25 Aug 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£213,556 £3,703 9
2023£200,876 £2,183 24
2022£236,712 £2,589 20
2021£218,239 £2,399 31
2020£202,353 £2,271 28
2019£187,011 £2,148 28
2018£192,758 £2,081 30
2017£195,191 £2,240 30
2016£179,533 £2,002 36
2015£174,820 £1,984 25
2014£165,918 £1,885 20
2013£148,871 £1,729 31
2012£152,553 £1,772 19
2011£159,182 £1,766 22
2010£167,450 £1,852 18
2009£129,282 £1,683 28
2008£164,425 £1,691 18
2007£152,681 £1,978 25
2006£155,544 £1,725 32
2005£148,598 £1,681 14
2004£148,683 £1,531 32
2003£129,651 £1,359 36
2002£87,681 £995 36
2001£77,480 £901 31
2000£70,047 £738 29
1999£60,917 £640 45
1998£60,912 £669 38
1997£51,118 £512 17
1996£51,852 £604 26
1995£54,769 £668 24
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,750 £2,741 6
2023£218,658 £2,475 19
2022£224,899 £2,505 21
2021£211,488 £2,233 38
2020£206,760 £2,195 24
2019£167,100 £1,834 22
2018£179,750 £1,947 26
2017£198,579 £2,092 19
2016£133,500 £1,501 14
2015£184,495 £2,039 20
2014£156,902 £1,658 28
2013£160,125 £1,744 12
2012£169,538 £1,669 13
2011£146,382 £1,525 17
2010£136,964 £1,461 14
2009£135,646 £1,502 17
2008£173,333 £1,736 9
2007£159,459 £1,724 27
2006£151,200 £1,636 45
2005£147,943 £1,618 27
2004£149,058 £1,578 39
2003£106,416 £1,196 30
2002£92,150 £902 23
2001£74,928 £849 25
2000£63,050 £816 19
1999£68,260 £782 20
1998£61,242 £633 25
1997£57,995 £597 21
1996£59,036 £610 21
1995£57,967 £547 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£302,0001
2023£232,143 £2,356 7
2022£280,000 £2,593 1
2021£182,500 £2,051 1
2020£306,500 £2,166 6
2019£185,000 £2,386 3
2018£300,000 £1,818 2
2017£185,000 £1,331 1
2016£168,333 £1,970 3
2014£167,500 £1,232 1
2013£129,500 £1,530 2
2012£161,000 £2,477 1
2011£141,220 £1,487 5
2010£170,000 £1,911 2
2009£275,000 £1,744 2
2007£175,000 £2,083 1
2006£194,500 £2,165 3
2005£183,900 £1,590 5
2004£215,833 £1,796 3
2003£141,417 £1,660 6
2002£86,975 £985 4
2001£60,812 £730 4
2000£135,250 £1,185 4
1999£112,161 £659 4
1998£65,0001
1997£65,5002
1996£61,375 £576 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£92,333 £1,491 3
2023£80,703 £1,363 12
2022£85,781 £1,418 16
2021£71,062 £1,166 8
2020£58,750 £1,201 6
2019£74,611 £1,227 9
2018£66,545 £1,120 11
2017£79,275 £1,318 18
2016£73,917 £1,317 12
2015£69,861 £1,120 11
2014£58,761 £968 46
2013£75,096 £1,201 15
2012£68,450 £1,204 10
2011£59,571 £1,082 7
2010£81,104 £1,337 14
2009£80,083 £1,490 6
2008£88,325 £1,518 6
2007£92,571 £1,620 14
2006£84,659 £1,416 19
2005£81,625 £1,352 8
2004£78,100 £1,208 14
2003£52,628 £910 11
2002£43,673 £695 13
2001£40,356 £506 9
2000£34,750 £541 4
1999£36,300 £549 13
1998£37,000 £550 6
1997£35,269 £515 8
1996£36,869 £545 8
1995£26,000 £434 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£207,000 £1,524 3
2022£272,500 £2,864 2
2019£491,244 £1,062 5
2018£37,562 £1,172 2
2017£1,852,5002
2016£1,199,9981
2015£218,718 £3,190 2
2013£3,614,5001

House Type in NE3 2NR area

The most common house types in the NE3 2NR postcode area are Terraced (62), Flat (50), and Semi-detached (30).

Total147
Terraced62
Flat50
Semi-detached30
converted building3
Detached2
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (46), and Private rented: Private landlord or letting agency (37).

Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency37
Owned: Owns outright31
Social rented: Rents from council or Local Authority26
Private rented: Other private rented4
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE3 2NR have 1 person in household (63), and 2 people in household (35).

1 person in household63
2 people in household35
3 people in household28
4 people in household15
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0