Housing Market Analysis for FARNON ROAD, NE3 3US

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £119,753 median price is £124,260 Standard Deviation is £30,717 with Total Sold: 21
- The Last 5 Year average price is £136,917 with Total Sold: 9
- The most recent sale happened at this postcode is 4 FARNON ROAD: £170,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is 34 FARNON ROAD: £38,000 (Sold on 07 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 3US 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
2024	£170,000		1
2022	£132,750	£1,743	2
2021	£137,950	£1,723	5
2019	£107,000	£1,486	1
2018	£122,000	£1,695	3
2016	£128,975	£1,637	2
2014	£111,250	£1,534	2
2013	£124,950	£1,712	1
2007	£124,260		1
2002	£78,950	£973	1
2001	£69,950	£769	1
1996	£38,000	£524	1

All the Sales in the FARNON ROAD, NE3 3US

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

Address	Sold Date	Price	% Change
4 FARNON ROADSemi-Detached, Freehold	31 May 2024	£170,000	First Sale
23 FARNON ROADSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	15 Nov 2022	£130,500	First Sale
47 FARNON ROADSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1930-1949	28 Feb 2022	£135,000	First Sale
16 FARNON ROADSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	10 Dec 2021	£141,000	First Sale
20 FARNON ROADSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1930-1949	15 Oct 2021	£135,250	First Sale
1 FARNON ROADSemi-Detached, FreeholdArea: 82.36 Sq.mtrAge: 1930-1949	29 Sep 2021	£150,000	First Sale
7 FARNON ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-1949	30 Jun 2021	£167,500	19.69%
	14 Jul 2016	£139,950	First Sale
24 FARNON ROADSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1930-1949	29 Jan 2021	£96,000	-6.34%
	22 Sep 2014	£102,500	First Sale
41 FARNON ROADSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1930-1949	31 May 2019	£107,000	First Sale
13 FARNON ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	07 Sep 2018	£144,000	First Sale
22 FARNON ROADSemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1930-1949	16 Mar 2018	£112,000	First Sale
33 FARNON ROADSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1930-1949	16 Feb 2018	£110,000	First Sale
34 FARNON ROADSemi-Detached, FreeholdArea: 72.46 Sq.mtrAge: 1930-1949	22 Apr 2016	£118,000	210.53%
	07 Oct 1996	£38,000	First Sale
29 FARNON ROADSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1930-1949	22 Aug 2014	£120,000	-3.96%
	13 Sep 2013	£124,950	First Sale
30 FARNON ROADSemi-Detached, Freehold	29 Jun 2007	£124,260	First Sale
21 FARNON ROADSemi-Detached, FreeholdArea: 81.16 Sq.mtrAge: 1930-1949	11 Oct 2002	£78,950	First Sale
5 FARNON ROADSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1930-1949	07 Mar 2001	£69,950	First Sale

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

FARNON ROAD, NE3 3US Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £145,330 median price is £139,950 Standard Deviation is £76,504 with Total Sold: 575
- The Last 5 Year average price is £202,777 with Total Sold: 128
- 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 , 1 GUYZANCE AVENUE: £76,000 (Sold on 03 Feb 1995)
Terraced
- The average price is around £135,212 median price is £119,950 Standard Deviation is £79,374 with Total Sold: 915
- The Last 5 Year average price is £197,786 with Total Sold: 157
- The most recent sale happened at this postcode is , 25 COXLODGE TERRACE: £136,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 42 MARY AGNES STREET: £34,700 (Sold on 30 Jan 1995)
Flat
- The average price is around £130,553 median price is £120,000 Standard Deviation is £82,041 with Total Sold: 493
- The Last 5 Year average price is £153,205 with Total Sold: 78
- The most recent sale happened at this postcode is , 31 LANESBOROUGH COURT: £257,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 177 SALTERS ROAD: £39,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £228,131 median price is £199,950 Standard Deviation is £127,656 with Total Sold: 403
- The Last 5 Year average price is £436,610 with Total Sold: 43
- The most recent sale happened at this postcode is , 3 HALTERBURN CLOSE: £490,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 38 PRINCES MEADOW: £99,995 (Sold on 03 Feb 1995)
Other
- The average price is around £896,462 median price is £207,500 Standard Deviation is £1,581,493 with Total Sold: 28
- The Last 5 Year average price is £519,948 with Total Sold: 17
- The most recent sale happened at this postcode is , 2 REDESDALE AVENUE: £275,000 (Sold on 04 Jan 2023)
- The first recorded sale happened at this postcode is , 38 PRINCES MEADOW: £250 (Sold on 18 Apr 2007)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£230,500	£3,621	9
2023	£188,065	£2,192	20
2022	£215,590	£2,566	25
2021	£218,483	£2,404	34
2020	£171,827	£2,081	13
2019	£187,694	£2,200	27
2018	£181,833	£1,926	21
2017	£194,875	£2,296	23
2016	£177,196	£1,981	25
2015	£183,225	£2,046	22
2014	£149,631	£1,774	18
2013	£144,760	£1,724	21
2012	£162,150	£1,911	10
2011	£146,156	£1,693	16
2010	£180,797	£1,918	15
2009	£117,125	£1,640	21
2008	£144,711	£1,377	9
2007	£181,576	£1,947	16
2006	£159,617	£1,757	21
2005	£140,137	£1,577	17
2004	£159,394	£1,675	17
2003	£116,794	£1,191	24
2002	£100,910	£995	16
2001	£96,488	£931	19
2000	£81,029	£925	17
1999	£63,884	£640	25
1998	£63,025	£718	22
1997	£52,938	£586	16
1996	£50,562	£552	20
1995	£53,809	£700	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£223,611	£2,951	9
2023	£205,920	£2,506	28
2022	£224,328	£2,554	29
2021	£202,136	£2,221	44
2020	£178,498	£1,978	26
2019	£153,985	£1,751	21
2018	£175,883	£2,027	26
2017	£178,263	£1,990	39
2016	£181,556	£1,941	18
2015	£170,453	£1,926	29
2014	£169,984	£1,717	31
2013	£152,292	£1,593	18
2012	£159,426	£1,698	21
2011	£170,632	£1,675	19
2010	£141,909	£1,620	22
2009	£133,554	£1,524	26
2008	£146,795	£1,573	22
2007	£178,313	£1,805	27
2006	£163,499	£1,667	54
2005	£148,303	£1,520	39
2004	£139,066	£1,528	55
2003	£110,945	£1,338	29
2002	£90,346	£959	40
2001	£89,128	£828	37
2000	£61,264	£676	36
1999	£58,820	£640	43
1998	£51,309	£576	38
1997	£52,702	£569	30
1996	£55,050	£576	38
1995	£44,902	£476	21

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£169,250	£2,264	6
2023	£128,933	£1,894	15
2022	£171,577	£1,882	13
2021	£169,925	£2,478	20
2020	£154,501	£2,208	8
2019	£133,469	£1,878	16
2018	£159,997	£2,345	17
2017	£135,010	£1,853	15
2016	£135,654	£1,989	13
2015	£146,730	£2,077	16
2014	£120,500	£1,768	15
2013	£107,996	£1,723	14
2012	£125,100	£2,459	10
2011	£113,095	£1,979	10
2010	£130,606	£1,827	9
2009	£130,000	£1,874	10
2008	£177,925	£2,170	14
2007	£160,554	£2,054	28
2006	£147,066	£2,265	23
2005	£129,667	£1,775	18
2004	£128,260	£1,840	20
2003	£164,566	£1,988	37
2002	£156,677	£1,911	45
2001	£118,745	£1,417	36
2000	£47,645	£756	11
1999	£42,010	£655	10
1998	£46,862	£706	8
1997	£39,101	£638	15
1996	£36,991	£574	11
1995	£38,450	£583	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£466,667	£4,554	3
2023	£496,888	£3,710	8
2022	£528,440	£4,017	6
2021	£438,667	£3,476	15
2020	£342,786	£3,121	7
2019	£312,250	£2,987	4
2018	£430,333	£2,978	6
2017	£319,000	£2,657	5
2016	£348,506	£2,801	8
2015	£337,725	£2,649	12
2014	£331,833	£2,296	6
2013	£324,000	£2,541	7
2012	£296,606	£2,433	10
2011	£307,500	£2,693	4
2010	£298,492	£2,650	6
2009	£255,727	£2,178	11
2008	£282,090	£2,085	10
2007	£307,654	£2,710	13
2006	£293,459	£2,269	16
2005	£265,389	£2,296	14
2004	£266,711	£2,379	14
2003	£240,781	£2,002	16
2002	£201,903	£1,517	16
2001	£169,381	£1,352	21
2000	£143,198	£1,177	25
1999	£131,372	£1,080	20
1998	£107,593	£959	14
1997	£119,254	£946	23
1996	£108,367	£802	42
1995	£109,088	£857	41

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£275,000		1
2022	£216,650	£2,704	5
2021	£151,500	£1,617	3
2020	£300,000		1
2019	£960,910		7
2018	£65,062	£1,711	2
2017	£2,770,638		4
2016	£1,199,998		1
2015	£82,000	£1,302	1
2014	£152,400		1
2013	£3,614,500		1
2007	£250		1

House Type in NE3 3US area

The most common house types in the NE3 3US postcode area are Semi-detached (103), Terraced (7), and Detached (3).

Total	116
Semi-detached	103
Terraced	7
Detached	3
Flat	2
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Social rented: Rents from council or Local Authority (34).

Owned: Owns outright	43
Social rented: Rents from council or Local Authority	34
Owned: Owns with a mortgage or loan	23
Private rented: Private landlord or letting agency	10
Social rented: Other social rented	6
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE3 3US have 2 people in household (41), and 1 person in household (39).

2 people in household	41
1 person in household	39
3 people in household	18
4 people in household	15
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0