Housing Market Analysis for PALACE CLOSE, NE33 5EQ

Are you looking to understand NE33 5EQ 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 South Tyneside postcode.

For the location information and nearby amenities in the NE33 5EQ area, explore the NE33 5EQ Area information page.
For comprehensive crime statistics in the NE33 5EQ area, explore the NE33 5EQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE33 5EQ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £148,687 median price is £144,995 Standard Deviation is £19,608 with Total Sold: 31
- The Last 5 Year average price is £165,812 with Total Sold: 10
- The most recent sale happened at this postcode is 4 PALACE CLOSE: £190,000 (Sold on 14 Nov 2023)
- The first recorded sale happened at this postcode is 21 PALACE CLOSE: £200,000 (Sold on 10 Apr 2024)
Detached
- The average price is around £164,281 median price is £164,995 Standard Deviation is £18,791 with Total Sold: 7
- The Last 5 Year average price is £205,000 with Total Sold: 1
- The most recent sale happened at this postcode is 26 PALACE CLOSE: £205,000 (Sold on 11 Mar 2022)
- The first recorded sale happened at this postcode is 36 PALACE CLOSE: £169,995 (Sold on 30 Mar 2015)
Terraced
- The average price is around £138,552 median price is £140,995 Standard Deviation is £14,958 with Total Sold: 9
- The most recent sale happened at this postcode is 27 PALACE CLOSE: £143,500 (Sold on 06 Oct 2017)
- The first recorded sale happened at this postcode is 29 PALACE CLOSE: £140,995 (Sold on 30 Mar 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE33 5EQ 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	£190,000	£1,827	1
2022	£155,531	£1,879	4
2021	£173,000	£1,756	2
2020	£150,000	£1,630	2
2017	£150,000	£1,705	1
2016	£138,870	£1,593	8
2015	£140,850	£1,484	12
2024	£200,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£205,000	£1,971	1
2015	£157,495	£1,664	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£143,500	£1,649	1
2016	£147,328	£1,540	3
2015	£132,296	£1,556	5

All the Sales in the PALACE CLOSE, NE33 5EQ

See the table below for more details on the sold house prices in the NE33 5EQ, South Tyneside postcode.

Address	Sold Date	Price	% Change
4 PALACE CLOSESemi-Detached, FreeholdArea: 104 Sq.mtr	14 Nov 2023	£190,000	34.76%
4 PALACE CLOSESemi-Detached, FreeholdArea: 104 Sq.mtr	30 Oct 2015	£140,995	First Sale
3 PALACE CLOSESemi-Detached, FreeholdArea: 104 Sq.mtr	18 Aug 2022	£147,500	22.92%
3 PALACE CLOSESemi-Detached, FreeholdArea: 104 Sq.mtr	30 Oct 2015	£119,995	First Sale
15 PALACE CLOSESemi-Detached, FreeholdArea: 71 Sq.mtr	12 Aug 2022	£155,000	28.10%
15 PALACE CLOSESemi-Detached, FreeholdArea: 71 Sq.mtr	29 Jan 2016	£120,995	First Sale
30 PALACE CLOSESemi-Detached, FreeholdArea: 92 Sq.mtr	20 May 2022	£182,125	29.80%
30 PALACE CLOSESemi-Detached, FreeholdArea: 92 Sq.mtr	27 Mar 2015	£140,316	First Sale
26 PALACE CLOSEDetached, FreeholdArea: 104 Sq.mtr	11 Mar 2022	£205,000	24.25%
26 PALACE CLOSEDetached, FreeholdArea: 104 Sq.mtr	23 Apr 2015	£164,995	First Sale
14 PALACE CLOSESemi-Detached, FreeholdArea: 71 Sq.mtr	20 Jan 2022	£137,500	13.64%
14 PALACE CLOSESemi-Detached, FreeholdArea: 71 Sq.mtr	29 Jan 2016	£120,995	First Sale
28 PALACE CLOSESemi-Detached, FreeholdArea: 107 Sq.mtr	25 Mar 2021	£176,000	10.00%
28 PALACE CLOSESemi-Detached, FreeholdArea: 107 Sq.mtr	27 Mar 2015	£159,995	First Sale
21 PALACE CLOSESemi-Detached, FreeholdArea: 92 Sq.mtr	15 May 2020	£150,000	0.0
	28 Feb 2020	£150,000	5.64%
	24 Mar 2016	£141,995	-29.00%
	10 Apr 2024	£200,000	First Sale
27 PALACE CLOSETerraced, FreeholdArea: 87 Sq.mtr	06 Oct 2017	£143,500	12.55%
27 PALACE CLOSETerraced, FreeholdArea: 87 Sq.mtr	30 Apr 2015	£127,500	First Sale
1 PALACE CLOSESemi-Detached, FreeholdArea: 88 Sq.mtr	22 Sep 2017	£150,000	3.45%
1 PALACE CLOSESemi-Detached, FreeholdArea: 88 Sq.mtr	30 Jun 2015	£144,995	First Sale
18 PALACE CLOSETerraced, FreeholdArea: 91 Sq.mtr	30 Jun 2016	£140,995	First Sale
19 PALACE CLOSETerraced, FreeholdArea: 91 Sq.mtr	27 Jun 2016	£139,995	First Sale
20 PALACE CLOSETerraced, FreeholdArea: 105 Sq.mtr	27 Jun 2016	£160,995	First Sale
22 PALACE CLOSESemi-Detached, FreeholdArea: 92 Sq.mtr	24 Mar 2016	£141,995	First Sale
23 PALACE CLOSESemi-Detached, FreeholdArea: 107 Sq.mtr	24 Mar 2016	£161,995	First Sale
24 PALACE CLOSESemi-Detached, FreeholdArea: 92 Sq.mtr	24 Mar 2016	£140,995	First Sale
16 PALACE CLOSESemi-Detached, FreeholdArea: 71 Sq.mtr	07 Mar 2016	£119,995	First Sale
17 PALACE CLOSESemi-Detached, FreeholdArea: 107 Sq.mtr	26 Feb 2016	£161,995	First Sale
11 PALACE CLOSETerraced, FreeholdArea: 71 Sq.mtr	17 Dec 2015	£115,995	First Sale
12 PALACE CLOSETerraced, FreeholdArea: 107 Sq.mtr	17 Dec 2015	£158,995	First Sale
10 PALACE CLOSETerraced, FreeholdArea: 71 Sq.mtr	11 Dec 2015	£117,995	First Sale
9 PALACE CLOSEDetached, FreeholdArea: 86 Sq.mtr	11 Dec 2015	£149,995	First Sale
8 PALACE CLOSEDetached, FreeholdArea: 104 Sq.mtr	27 Nov 2015	£164,995	First Sale
5A PALACE CLOSESemi-Detached, FreeholdArea: 91 Sq.mtr	13 Nov 2015	£140,995	-17.06%
5A PALACE CLOSESemi-Detached, FreeholdArea: 91 Sq.mtr	20 May 2021	£170,000	First Sale
5 PALACE CLOSESemi-Detached, FreeholdArea: 71 Sq.mtr	12 Nov 2015	£119,995	First Sale
2 PALACE CLOSEDetached, FreeholdArea: 86 Sq.mtr	30 Oct 2015	£149,995	First Sale
25 PALACE CLOSEDetached, FreeholdArea: 86 Sq.mtr	30 Mar 2015	£144,995	First Sale
36 PALACE CLOSEDetached, FreeholdArea: 104 Sq.mtr	30 Mar 2015	£169,995	First Sale
35 PALACE CLOSESemi-Detached, FreeholdArea: 92 Sq.mtr	30 Mar 2015	£140,995	First Sale
34 PALACE CLOSESemi-Detached, FreeholdArea: 92 Sq.mtr	30 Mar 2015	£140,995	First Sale
29 PALACE CLOSETerraced, FreeholdArea: 92 Sq.mtr	30 Mar 2015	£140,995	First Sale
33 PALACE CLOSESemi-Detached, FreeholdArea: 92 Sq.mtr	27 Mar 2015	£137,995	First Sale
32 PALACE CLOSESemi-Detached, FreeholdArea: 107 Sq.mtr	27 Mar 2015	£152,995	First Sale
31 PALACE CLOSESemi-Detached, FreeholdArea: 107 Sq.mtr	27 Mar 2015	£149,935	First Sale

Check out the sold house prices near the NE33 5EQ postcode. Properties currently for saleProperties currently for rent

PALACE CLOSE, NE33 5EQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE33 5EQ 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 NE33 5EQ postcode.

Other
- The average price is around £163,023 median price is £59,500 Standard Deviation is £304,074 with Total Sold: 94
- The Last 5 Year average price is £152,137 with Total Sold: 68
- The most recent sale happened at this postcode is , 88 CHICHESTER ROAD: £65,000 (Sold on 13 Jun 2024)
- The first recorded sale happened at this postcode is , 21 EGLESFIELD ROAD: £37,000 (Sold on 02 May 2013)
Terraced
- The average price is around £84,255 median price is £78,500 Standard Deviation is £46,127 with Total Sold: 784
- The Last 5 Year average price is £113,657 with Total Sold: 139
- The most recent sale happened at this postcode is , 24 MARSHALL WALLIS ROAD: £95,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 17 FREDERICK STREET: £41,000 (Sold on 03 Feb 1995)
Flat
- The average price is around £57,648 median price is £52,500 Standard Deviation is £30,177 with Total Sold: 583
- The Last 5 Year average price is £57,540 with Total Sold: 71
- The most recent sale happened at this postcode is , 27 RIVERSIDE COURT: £108,000 (Sold on 20 May 2024)
- The first recorded sale happened at this postcode is , 50 EGLESFIELD ROAD: £20,000 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £110,953 median price is £122,500 Standard Deviation is £48,537 with Total Sold: 213
- The Last 5 Year average price is £140,396 with Total Sold: 44
- The most recent sale happened at this postcode is , 21 PALACE CLOSE: £200,000 (Sold on 10 Apr 2024)
- The first recorded sale happened at this postcode is , 289 LAYGATE: £35,000 (Sold on 27 Mar 1995)
Detached
- The average price is around £163,448 median price is £159,950 Standard Deviation is £48,077 with Total Sold: 29
- The Last 5 Year average price is £219,916 with Total Sold: 6
- The most recent sale happened at this postcode is , 5 ELDON STREET: £213,500 (Sold on 28 Apr 2023)
- The first recorded sale happened at this postcode is , 191 LAYGATE: £95,000 (Sold on 08 Dec 1997)

Sold Price Trend Over the Years:

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£51,667	£1,029	3
2023	£210,699	£782	10
2022	£138,069	£1,691	16
2021	£49,476	£700	17
2020	£111,056	£634	9
2019	£310,282	£706	13
2018	£187,759	£740	7
2017	£79,375	£689	4
2016	£73,322	£989	4
2015	£141,000	£1,343	1
2014	£95,150		5
2013	£487,400	£544	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£115,944	£1,106	9
2023	£114,312	£1,425	16
2022	£116,622	£1,514	23
2021	£110,577	£1,300	26
2020	£102,762	£1,375	25
2019	£119,986	£1,518	40
2018	£129,781	£1,541	39
2017	£119,298	£1,464	41
2016	£125,741	£1,542	26
2015	£106,832	£1,329	25
2014	£112,468	£1,258	32
2013	£72,338	£984	10
2012	£76,472	£938	16
2011	£74,000	£973	19
2010	£82,722	£1,316	9
2009	£88,857	£1,542	7
2008	£85,895	£1,136	19
2007	£99,165	£1,366	40
2006	£98,796	£1,393	46
2005	£98,029	£1,398	40
2004	£73,070	£901	28
2003	£57,316	£812	34
2002	£40,589	£703	37
2001	£39,172	£613	36
2000	£38,041	£614	23
1999	£38,192	£527	30
1998	£35,508	£498	24
1997	£37,574	£514	21
1996	£29,369	£479	20
1995	£35,909	£481	23

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£77,000	£1,284	5
2023	£60,365	£1,073	13
2022	£59,129	£1,067	16
2021	£54,382	£821	17
2020	£48,779	£785	13
2019	£58,707	£977	7
2018	£76,033	£1,361	28
2017	£62,571	£1,096	20
2016	£51,875	£786	12
2015	£38,125	£660	16
2014	£47,543	£824	19
2013	£45,054	£812	13
2012	£51,562	£836	8
2011	£61,357	£1,150	7
2010	£63,625	£1,202	8
2009	£78,062	£1,153	8
2008	£76,210	£1,438	17
2007	£75,007	£1,206	34
2006	£78,091	£1,430	56
2005	£93,249	£1,678	57
2004	£65,678	£1,090	33
2003	£43,609	£673	41
2002	£34,732	£564	25
2001	£29,977	£491	24
2000	£28,645	£583	10
1999	£24,850	£603	7
1998	£24,589	£479	22
1997	£32,923	£608	15
1996	£27,761	£408	13
1995	£27,000	£486	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,000		1
2023	£157,312	£1,810	8
2022	£143,766	£1,757	8
2021	£132,973	£1,660	11
2020	£130,011	£1,595	9
2019	£133,713	£1,650	7
2018	£146,310	£1,524	8
2017	£151,184	£1,625	8
2016	£129,573	£1,593	13
2015	£139,826	£1,540	22
2014	£148,273	£1,467	23
2013	£26,917	£337	6
2012	£129,000	£1,840	1
2011	£73,000	£859	1
2010	£101,675	£1,534	4
2009	£120,000	£1,765	1
2008	£79,667	£1,701	3
2007	£85,369	£1,469	8
2006	£120,317	£1,517	9
2005	£112,360	£1,645	10
2004	£101,483	£1,212	6
2003	£75,100	£652	5
2002	£69,562	£794	8
2001	£51,112	£868	4
2000	£42,117	£794	3
1999	£45,417	£471	6
1998	£13,000	£213	1
1997	£40,175	£775	8
1996	£34,608	£694	5
1995	£39,075	£448	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£261,748	£2,483	2
2022	£205,000	£1,971	1
2021	£208,000	£1,981	2
2019	£175,000		1
2017	£162,498	£1,745	2
2016	£220,000		1
2015	£155,308	£1,616	8
2014	£149,995	£1,705	3
2006	£157,025	£1,859	4
2005	£172,475		2
2003	£90,000		1
1998	£25,000		1
1997	£95,000		1

House Type in NE33 5EQ area

The most common house types in the NE33 5EQ postcode area are Semi-detached (33), Terraced (16), and commercial building (10).

Total	74
Semi-detached	33
Terraced	16
commercial building	10
Detached	9
Flat	5
Shared house	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (39), and Private rented: Private landlord or letting agency (19).

Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	19
Owned: Owns outright	9
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE33 5EQ have 1 person in household (24), and 2 people in household (20).

1 person in household	24
2 people in household	20
3 people in household	15
4 people in household	10
5 people in household	2
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0