Housing Market Analysis for PENROSE GREEN, NE3 3TL

Are you looking to understand NE3 3TL 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 3TL area, explore the NE3 3TL Area information page.
For comprehensive crime statistics in the NE3 3TL area, explore the NE3 3TL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE3 3TL postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £71,000 median price is £79,000 Standard Deviation is £25,931 with Total Sold: 6
    • The most recent sale happened at this postcode is 4 PENROSE GREEN: £80,000 (Sold on 27 May 2015)
    • The first recorded sale happened at this postcode is 1 PENROSE GREEN: £31,500 (Sold on 17 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 3TL 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
2015£95,000 £1,343 2
2013£80,000 £1,013 2
2002£44,5001
1997£31,5001

All the Sales in the PENROSE GREEN, NE3 3TL

See the table below for more details on the sold house prices in the NE3 3TL, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
4 PENROSE GREENTerraced, FreeholdArea: 61 Sq.mtrAge: 1950-196627 May 2015£80,000First Sale
5 PENROSE GREENTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-196617 Apr 2015£110,00041.03%
15 Nov 2013£78,000First Sale
3 PENROSE GREENTerraced, FreeholdArea: 78 Sq.mtrAge: 1950-196629 Nov 2013£82,000First Sale
1 PENROSE GREENTerraced, Freehold30 May 2002£44,50041.27%
17 Jun 1997£31,500First Sale

Check out the sold house prices near the NE3 3TL postcode. Properties currently for saleProperties currently for rent

PENROSE GREEN, NE3 3TL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE3 3TL 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 3TL postcode.

  • Semi-Detached
    • The average price is around £131,518 median price is £119,000 Standard Deviation is £74,415 with Total Sold: 907
    • The Last 5 Year average price is £188,630 with Total Sold: 181
    • The most recent sale happened at this postcode is , 2 THE RISE: £450,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 44 OVERFIELD ROAD: £14,000 (Sold on 16 Jan 1995)
  • Terraced
    • The average price is around £131,992 median price is £110,500 Standard Deviation is £79,754 with Total Sold: 881
    • The Last 5 Year average price is £193,592 with Total Sold: 159
    • The most recent sale happened at this postcode is , 30 WESTWOOD GARDENS: £259,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 121 KIRKWOOD DRIVE: £27,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £53,341 median price is £52,000 Standard Deviation is £24,589 with Total Sold: 402
    • The Last 5 Year average price is £60,201 with Total Sold: 57
    • The most recent sale happened at this postcode is , 176 KIRKWOOD DRIVE: £75,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 110 KIRKWOOD DRIVE: £26,000 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £235,084 median price is £220,000 Standard Deviation is £127,865 with Total Sold: 49
    • The Last 5 Year average price is £399,869 with Total Sold: 7
    • The most recent sale happened at this postcode is , 29 ROSEWOOD GARDENS: £323,500 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is , 150 KENTON LANE: £100,000 (Sold on 11 Jul 1997)
  • Other
    • The average price is around £632,975 median price is £100,500 Standard Deviation is £1,054,241 with Total Sold: 10
    • The Last 5 Year average price is £377,038 with Total Sold: 4
    • The most recent sale happened at this postcode is , 339 KENTON ROAD: £97,000 (Sold on 30 Apr 2021)
    • The first recorded sale happened at this postcode is 10, ANFIELD COURT ANFIELD ROAD: £40,000 (Sold on 11 Nov 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£226,071 £1,796 14
2023£205,944 £2,117 39
2022£173,979 £1,978 34
2021£193,265 £1,967 53
2020£180,360 £1,838 22
2019£148,366 £1,564 19
2018£160,263 £1,570 39
2017£150,442 £1,585 37
2016£160,602 £1,669 32
2015£162,417 £1,751 46
2014£160,141 £1,569 39
2013£148,487 £1,382 22
2012£157,548 £1,461 21
2011£104,041 £1,287 22
2010£148,417 £1,347 24
2009£119,743 £1,295 21
2008£131,615 £1,328 24
2007£152,386 £1,532 36
2006£146,536 £1,560 38
2005£139,320 £1,475 22
2004£145,509 £1,290 41
2003£104,748 £1,159 28
2002£80,688 £768 26
2001£63,291 £622 30
2000£60,517 £637 30
1999£50,954 £537 38
1998£57,472 £512 29
1997£50,021 £478 25
1996£46,281 £515 29
1995£49,875 £507 27
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£229,542 £2,089 12
2023£180,080 £1,968 28
2022£215,669 £2,123 32
2021£202,467 £2,052 35
2020£177,132 £1,881 32
2019£166,425 £1,670 20
2018£170,660 £1,739 25
2017£165,914 £1,549 29
2016£178,433 £1,767 30
2015£150,085 £1,700 41
2014£165,967 £1,600 24
2013£135,748 £1,402 27
2012£144,569 £1,388 18
2011£131,897 £1,346 15
2010£155,382 £1,540 20
2009£146,206 £1,338 25
2008£131,000 £1,503 20
2007£168,218 £1,497 24
2006£163,694 £1,506 32
2005£154,267 £1,515 27
2004£148,456 £1,496 54
2003£117,585 £1,126 32
2002£85,717 £799 46
2001£77,583 £709 53
2000£65,231 £677 38
1999£51,912 £540 43
1998£59,850 £488 28
1997£50,800 £529 21
1996£53,066 £530 25
1995£50,088 £459 25
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£61,429 £1,315 7
2023£59,956 £1,146 18
2022£67,611 £1,199 9
2021£61,404 £1,165 13
2020£49,300 £999 5
2019£53,800 £1,012 5
2018£57,361 £1,078 9
2017£60,680 £1,114 10
2016£53,333 £968 9
2015£58,375 £1,022 12
2014£56,500 £1,018 6
2013£67,677 £1,204 11
2012£71,500 £1,412 2
2011£64,812 £1,405 8
2010£63,619 £1,322 8
2009£62,995 £948 11
2008£82,556 £1,452 9
2007£85,100 £1,603 19
2006£83,111 £1,740 9
2005£83,185 £1,486 27
2004£70,569 £1,181 21
2003£48,624 £945 31
2002£38,764 £730 32
2001£29,390 £549 27
2000£26,667 £556 12
1999£29,500 £500 9
1998£30,119 £471 21
1997£30,754 £510 13
1996£26,847 £479 17
1995£25,820 £459 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£369,700 £2,434 5
2022£685,586 £4,664 1
2020£265,000 £2,704 1
2018£245,833 £2,115 3
2017£450,000 £1,793 1
2016£265,000 £2,333 1
2012£206,667 £1,939 3
2011£235,000 £1,780 2
2010£222,905 £1,334 3
2009£276,250 £1,622 2
2007£282,000 £2,157 3
2006£284,750 £1,787 4
2005£235,000 £1,865 1
2004£213,317 £1,727 3
2002£167,500 £1,328 2
2001£181,020 £1,225 5
2000£111,225 £982 4
1999£109,0002
1998£15,883 £140 1
1997£88,750 £588 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£97,000 £1,311 1
2020£1,350,0001
2019£30,5752
2018£3,500,0001
2017£104,000 £1,733 1
2015£1,000,0001
2014£88,8002
2013£40,000 £909 1

House Type in NE3 3TL area

The most common house types in the NE3 3TL postcode area are Terraced (64), Semi-detached (45), and Detached (8).

Total118
Terraced64
Semi-detached45
Detached8
Flat1
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 (72), and Owned: Owns with a mortgage or loan (19).

Social rented: Rents from council or Local Authority72
Owned: Owns with a mortgage or loan19
Owned: Owns outright12
Private rented: Private landlord or letting agency10
Social rented: Other social rented5
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE3 3TL have 1 person in household (32), and 3 people in household (28).

1 person in household32
3 people in household28
4 people in household27
2 people in household18
6 people in household8
5 people in household6
0 people in household0
7 people in household0
8 or more people in household0