Housing Market Analysis for ELM GROVE, NE3 2RX

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £70,125 median price is £60,125 Standard Deviation is £35,730 with Total Sold: 10
    • The Last 5 Year average price is £121,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 24 ELM GROVE: £105,000 (Sold on 02 Aug 2022)
    • The first recorded sale happened at this postcode is 24 ELM GROVE: £20,000 (Sold on 11 Apr 1997)
  • Semi-Detached
    • The average price is around £84,998 median price is £103,000 Standard Deviation is £36,139 with Total Sold: 13
    • The Last 5 Year average price is £118,500 with Total Sold: 3
    • The most recent sale happened at this postcode is 6 ELM GROVE: £126,000 (Sold on 26 Apr 2022)
    • The first recorded sale happened at this postcode is 18 ELM GROVE: £29,995 (Sold on 06 Dec 1995)
  • Flat
    • The average price is around £48,750 median price is £48,750 Standard Deviation is £3,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 67 ELM GROVE: £52,500 (Sold on 31 Mar 2016)
    • The first recorded sale happened at this postcode is 67 ELM GROVE: £45,000 (Sold on 24 May 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 2RX 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
2022£105,000 £1,500 1
2021£138,000 £1,663 1
2014£65,250 £786 1
2010£55,000 £830 1
2005£110,0001
2003£82,000 £1,093 1
2000£45,500 £628 2
1997£27,500 £393 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£126,000 £1,751 1
2021£114,750 £1,575 2
2018£104,000 £1,412 1
2016£105,000 £1,458 1
2015£83,980 £1,167 1
2014£124,000 £1,653 1
2007£103,000 £1,431 1
2005£96,500 £1,341 1
2002£35,0001
2000£38,0001
1998£30,0001
1995£29,9951
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£52,500 £772 1
2013£45,000 £662 1

All the Sales in the ELM GROVE, NE3 2RX

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

AddressSold DatePrice% Change
24 ELM GROVETerraced, FreeholdArea: 70 Sq.mtrAge: 1930-194902 Aug 2022£105,000133.33%
22 Jun 2000£45,00028.57%
08 Oct 1997£35,00075.00%
11 Apr 1997£20,000First Sale
6 ELM GROVESemi-Detached, FreeholdArea: 71.97 Sq.mtrAge: 1930-194926 Apr 2022£126,00050.04%
18 Nov 2015£83,980-18.47%
17 Dec 2007£103,0006.74%
28 Jul 2005£96,500First Sale
26 ELM GROVETerraced, FreeholdArea: 83 Sq.mtrAge: 1930-194903 Dec 2021£138,000111.49%
22 Aug 2014£65,250First Sale
4 ELM GROVESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1930-194904 Jun 2021£111,0005.71%
26 Aug 2016£105,000First Sale
28 ELM GROVESemi-Detached, FreeholdArea: 73.67 Sq.mtrAge: 1950-196630 Mar 2021£118,50013.94%
18 Oct 2018£104,000First Sale
67 ELM GROVEFlat, LeaseholdArea: 68 Sq.mtrAge: 1967-197531 Mar 2016£52,50016.67%
24 May 2013£45,000First Sale
30 ELM GROVESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-194916 Apr 2014£124,00051.22%
20 Jun 2003£82,00078.26%
25 Aug 2000£46,000First Sale
65 ELM GROVETerraced, LeaseholdArea: 66.23 Sq.mtr17 Dec 2010£55,000First Sale
10 ELM GROVETerraced, Freehold25 Apr 2005£110,000First Sale
22 ELM GROVESemi-Detached, Freehold01 Mar 2002£35,000-7.89%
17 Jan 2000£38,000First Sale
14 ELM GROVESemi-Detached, Freehold27 Nov 1998£30,000First Sale
18 ELM GROVESemi-Detached, Freehold06 Dec 1995£29,995First Sale

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

ELM GROVE, NE3 2RX Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £114,013 median price is £115,000 Standard Deviation is £54,860 with Total Sold: 905
    • The Last 5 Year average price is £161,361 with Total Sold: 185
    • The most recent sale happened at this postcode is , 36 WILLOWFIELD AVENUE: £223,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 22 BRUNTON GROVE: £29,000 (Sold on 12 Jan 1995)
  • Terraced
    • The average price is around £89,100 median price is £86,250 Standard Deviation is £44,835 with Total Sold: 362
    • The Last 5 Year average price is £124,619 with Total Sold: 65
    • The most recent sale happened at this postcode is , 16 BELLFIELD AVENUE: £184,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 LINHOPE AVENUE: £66,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £159,205 median price is £154,500 Standard Deviation is £79,376 with Total Sold: 188
    • The Last 5 Year average price is £230,939 with Total Sold: 49
    • 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 , 4 KING GEORGE ROAD: £58,000 (Sold on 22 Aug 1995)
  • Flat
    • The average price is around £61,040 median price is £60,000 Standard Deviation is £28,365 with Total Sold: 445
    • The Last 5 Year average price is £76,912 with Total Sold: 67
    • The most recent sale happened at this postcode is , 10 ALNHAM COURT: £59,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 18 ALNHAM COURT: £26,500 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £788,022 median price is £285,000 Standard Deviation is £925,677 with Total Sold: 20
    • The Last 5 Year average price is £558,940 with Total Sold: 13
    • 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 , SANOFI WINTHROP EDGEFIELD AVENUE: £1,000,000 (Sold on 31 Dec 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£174,029 £1,950 17
2023£177,293 £2,246 34
2022£167,748 £2,153 35
2021£165,154 £2,029 38
2020£141,208 £1,841 27
2019£144,285 £1,734 34
2018£156,240 £1,836 26
2017£130,906 £1,733 33
2016£137,101 £1,730 42
2015£142,079 £1,737 37
2014£129,054 £1,564 23
2013£139,282 £1,628 28
2012£117,155 £1,556 19
2011£125,422 £1,609 27
2010£107,226 £1,443 18
2009£112,091 £1,446 22
2008£132,454 £1,517 24
2007£132,112 £1,601 28
2006£137,388 £1,626 36
2005£125,705 £1,662 22
2004£110,591 £1,339 38
2003£105,487 £1,271 45
2002£76,610 £953 29
2001£60,652 £725 26
2000£58,274 £678 29
1999£56,218 £553 46
1998£45,944 £575 35
1997£43,360 £512 29
1996£44,662 £569 30
1995£44,194 £562 28
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£155,3333
2023£153,214 £1,850 7
2022£122,318 £1,800 11
2021£135,531 £1,594 16
2020£131,375 £1,594 12
2019£91,953 £1,300 16
2018£127,723 £1,584 11
2017£109,000 £1,428 7
2016£96,847 £1,273 16
2015£106,779 £1,402 7
2014£100,019 £1,220 13
2013£87,521 £1,295 7
2012£115,000 £1,449 3
2011£111,773 £1,355 11
2010£81,214 £1,026 7
2009£78,597 £1,009 5
2008£118,857 £1,324 7
2007£114,280 £1,488 15
2006£115,657 £1,458 22
2005£113,594 £1,550 16
2004£86,173 £1,133 21
2003£76,646 £885 21
2002£62,869 £876 16
2001£53,603 £707 18
2000£41,227 £600 13
1999£42,060 £557 19
1998£34,060 £383 11
1997£36,529 £507 14
1996£44,134 £478 10
1995£39,929 £575 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£273,0004
2023£233,889 £2,268 9
2022£255,750 £2,703 8
2021£270,250 £2,403 10
2020£199,682 £2,333 11
2019£167,714 £2,030 7
2018£223,438 £1,884 8
2017£206,242 £1,927 6
2016£163,333 £1,795 6
2015£204,390 £1,627 5
2014£188,833 £1,539 3
2013£139,429 £1,714 7
2012£144,000 £1,560 2
2011£134,789 £1,361 9
2010£165,185 £1,496 6
2009£299,9752
2008£120,000 £1,481 1
2007£180,190 £2,466 5
2006£169,150 £2,622 3
2005£237,333 £1,901 6
2004£170,000 £1,669 4
2003£122,750 £1,618 6
2002£96,767 £1,135 9
2001£79,750 £741 13
2000£70,390 £556 5
1999£80,519 £662 8
1998£72,150 £694 5
1997£73,112 £425 8
1996£63,078 £610 9
1995£55,665 £355 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£59,0001
2023£83,638 £1,704 14
2022£82,480 £1,453 15
2021£73,420 £1,347 16
2020£71,250 £1,333 9
2019£72,500 £1,317 12
2018£77,967 £1,354 15
2017£85,347 £1,281 18
2016£67,767 £1,266 15
2015£69,154 £1,325 13
2014£62,654 £1,215 14
2013£64,423 £1,118 13
2012£69,000 £1,251 9
2011£62,944 £1,190 9
2010£78,454 £1,280 12
2009£74,314 £1,485 7
2008£93,244 £1,405 8
2007£86,675 £1,831 20
2006£80,688 £1,480 21
2005£77,524 £1,289 21
2004£75,013 £1,441 23
2003£52,276 £1,042 23
2002£38,032 £700 22
2001£33,222 £605 27
2000£31,306 £694 9
1999£30,450 £537 20
1998£30,544 £563 17
1997£24,408 £516 18
1996£31,908 £586 18
1995£22,917 £572 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£293,333 £4,494 3
2022£811,666 £3,250 3
2021£117,500 £1,497 2
2020£1,350,0001
2019£591,555 £1,062 4
2018£1,787,500 £1,172 2
2017£1,852,5002
2016£107,1142
2015£1,000,0001

House Type in NE3 2RX area

The most common house types in the NE3 2RX postcode area are Semi-detached (84), Flat (33), and Detached (6).

Total128
Semi-detached84
Flat33
Detached6
Terraced5
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (68), and Owned: Owns outright (24).

Social rented: Rents from council or Local Authority68
Owned: Owns outright24
Owned: Owns with a mortgage or loan17
Private rented: Private landlord or letting agency14
Social rented: Other social rented2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE3 2RX have 2 people in household (41), and 1 person in household (39).

2 people in household41
1 person in household39
3 people in household21
4 people in household20
5 people in household6
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0