Housing Market Analysis for BASIL WAY, NE34 8UA

Are you looking to understand NE34 8UA 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 NE34 8UA area, explore the NE34 8UA Area information page.
For comprehensive crime statistics in the NE34 8UA area, explore the NE34 8UA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE34 8UA postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £123,607 median price is £130,000 Standard Deviation is £63,517 with Total Sold: 22
- The Last 5 Year average price is £259,998 with Total Sold: 2
- The most recent sale happened at this postcode is 19 BASIL WAY: £214,995 (Sold on 27 Aug 2021)
- The first recorded sale happened at this postcode is 17 BASIL WAY: £305,000 (Sold on 09 Jan 2024)
Detached
- The average price is around £210,000 median price is £200,000 Standard Deviation is £17,795 with Total Sold: 3
- The most recent sale happened at this postcode is 13 BASIL WAY: £195,000 (Sold on 24 Oct 2014)
- The first recorded sale happened at this postcode is 13 BASIL WAY: £200,000 (Sold on 15 Sep 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE34 8UA 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
2021	£214,995	£2,337	1
2017	£165,000	£1,833	1
2016	£135,000	£1,452	1
2015	£130,000	£1,607	2
2014	£174,333	£1,612	3
2013	£150,000	£1,974	1
2012	£160,000	£1,704	1
2004	£139,950	£1,333	1
2003	£59,999	£652	1
2001	£76,500		2
2000	£85,000	£677	1
1998	£71,000	£755	1
1997	£59,725	£606	2
1996	£59,317		3
2024	£305,000	£4,013	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£195,000	£1,875	1
2006	£235,000	£2,260	1
2004	£200,000	£1,923	1

All the Sales in the BASIL WAY, NE34 8UA

See the table below for more details on the sold house prices in the NE34 8UA, South Tyneside postcode.

Address	Sold Date	Price	% Change
19 BASIL WAYSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1967-1975	27 Aug 2021	£214,995	258.33%
	10 Jan 2003	£59,999	First Sale
31 BASIL WAYSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1976-1982	20 Dec 2017	£165,000	132.39%
	13 Mar 1998	£71,000	First Sale
27 BASIL WAYSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1967-1975	19 Aug 2016	£135,000	First Sale
17 BASIL WAYSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1967-1975	25 Sep 2015	£125,000	-14.38%
	31 Oct 2014	£146,000	-2.67%
	30 Aug 2013	£150,000	7.18%
	13 Feb 2004	£139,950	135.21%
	31 Oct 1997	£59,500	-80.49%
	09 Jan 2024	£305,000	First Sale
11 BASIL WAYSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1967-1975	03 Mar 2015	£135,000	First Sale
7 BASIL WAYSemi-Detached, FreeholdArea: 124 Sq.mtrAge: 1976-1982	14 Nov 2014	£167,000	First Sale
13 BASIL WAYDetached, FreeholdArea: 104 Sq.mtrAge: 1976-1982	24 Oct 2014	£195,000	-17.02%
	22 Mar 2006	£235,000	17.50%
	15 Sep 2004	£200,000	First Sale
25 BASIL WAYSemi-Detached, FreeholdArea: 134 Sq.mtrAge: 1950-1966	29 Apr 2014	£210,000	First Sale
33 BASIL WAYSemi-Detached, FreeholdArea: 93.88 Sq.mtrAge: 1976-1982	07 Dec 2012	£160,000	First Sale
15 BASIL WAYSemi-Detached, Freehold	16 Nov 2001	£83,000	First Sale
53 BASIL WAYSemi-Detached, Freehold	10 Aug 2001	£70,000	20.69%
53 BASIL WAYSemi-Detached, Freehold	30 Aug 1996	£58,000	First Sale
3 BASIL WAYSemi-Detached, FreeholdArea: 125.5 Sq.mtrAge: 1967-1975	01 Sep 2000	£85,000	First Sale
49 BASIL WAYSemi-Detached, FreeholdArea: 92.97 Sq.mtrAge: 1950-1966	21 Nov 1997	£59,950	First Sale
43 BASIL WAYSemi-Detached, Freehold	25 Oct 1996	£60,000	First Sale
5 BASIL WAYSemi-Detached, Freehold	21 Aug 1996	£59,950	First Sale

Check out the sold house prices near the NE34 8UA postcode. Properties currently for saleProperties currently for rent

BASIL WAY, NE34 8UA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE34 8UA 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 NE34 8UA postcode.

Terraced
- The average price is around £84,112 median price is £85,000 Standard Deviation is £33,463 with Total Sold: 430
- The Last 5 Year average price is £110,396 with Total Sold: 83
- The most recent sale happened at this postcode is , 95 GAINSBOROUGH AVENUE: £120,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 80 BASIL WAY: £20,432 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £114,423 median price is £105,000 Standard Deviation is £54,941 with Total Sold: 417
- The Last 5 Year average price is £171,744 with Total Sold: 77
- The most recent sale happened at this postcode is , 48 CARAWAY WALK: £265,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 19 FENNEL GROVE: £15,000 (Sold on 03 Jan 1995)
Detached
- The average price is around £176,025 median price is £187,500 Standard Deviation is £69,888 with Total Sold: 53
- The Last 5 Year average price is £255,111 with Total Sold: 9
- The most recent sale happened at this postcode is , 19 SANDALWOOD: £385,000 (Sold on 03 Nov 2023)
- The first recorded sale happened at this postcode is , 26 COTMAN GARDENS: £53,500 (Sold on 14 Aug 1995)
Flat
- The average price is around £38,100 median price is £38,225 Standard Deviation is £16,159 with Total Sold: 14
- The Last 5 Year average price is £38,225 with Total Sold: 2
- The most recent sale happened at this postcode is , 119 MORELAND ROAD: £36,500 (Sold on 16 Nov 2021)
- The first recorded sale happened at this postcode is , 32 SOANE GARDENS: £18,500 (Sold on 29 Oct 2002)
Other
- The average price is around £487,000 median price is £487,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £487,000 with Total Sold: 1
- The most recent sale happened at this postcode is , TEXACO KING GEORGE ROAD: £487,000 (Sold on 04 Feb 2021)
- The first recorded sale happened at this postcode is , TEXACO KING GEORGE ROAD: £487,000 (Sold on 04 Feb 2021)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£134,000	£2,282	4
2023	£112,893	£1,526	15
2022	£115,912	£1,525	17
2021	£111,193	£1,436	23
2020	£98,789	£1,323	9
2019	£101,097	£1,312	15
2018	£96,888	£1,275	16
2017	£99,000	£1,310	16
2016	£90,747	£1,153	16
2015	£84,900	£1,157	15
2014	£89,300	£1,108	10
2013	£95,695	£1,143	10
2012	£100,077	£1,208	13
2011	£102,804	£1,335	13
2010	£93,408	£1,313	6
2009	£85,833	£1,064	9
2008	£99,419	£1,206	13
2007	£103,487	£1,318	30
2006	£100,959	£1,251	21
2005	£91,354	£1,197	14
2004	£88,514	£1,140	18
2003	£61,989	£817	18
2002	£59,475	£706	12
2001	£46,723	£613	13
2000	£46,038	£579	22
1999	£45,442	£583	13
1998	£39,340	£510	11
1997	£39,762	£518	17
1996	£39,518	£506	13
1995	£34,116	£449	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£205,429	£4,013	7
2023	£198,344	£2,026	8
2022	£193,900	£2,108	10
2021	£178,812	£2,050	16
2020	£167,872	£1,772	16
2019	£135,680	£1,623	20
2018	£129,250	£1,638	8
2017	£141,068	£1,720	22
2016	£129,406	£1,532	17
2015	£142,375	£1,607	16
2014	£125,319	£1,328	12
2013	£120,171	£1,426	14
2012	£141,600	£1,400	5
2011	£129,249	£1,311	6
2010	£105,746	£1,296	12
2009	£137,000	£1,734	3
2008	£130,828	£1,635	9
2007	£130,983	£1,502	18
2006	£128,150	£1,420	25
2005	£115,004	£1,315	18
2004	£101,225	£1,303	14
2003	£102,532	£1,222	25
2002	£70,051	£676	14
2001	£63,634	£712	19
2000	£54,270	£616	20
1999	£58,095	£676	10
1998	£60,304	£644	13
1997	£56,311	£623	18
1996	£48,517	£575	12
1995	£49,990	£471	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£335,000	£2,545	2
2021	£252,333	£2,230	3
2020	£233,333	£2,225	3
2019	£169,000	£1,509	1
2017	£220,000	£2,147	2
2016	£189,950	£1,942	1
2015	£195,000	£2,407	1
2014	£210,000	£1,693	2
2013	£190,390	£1,831	5
2012	£225,000	£1,801	1
2011	£220,000	£1,761	3
2010	£187,500	£1,917	1
2008	£182,500	£1,686	2
2007	£248,250	£1,793	2
2006	£215,667	£2,171	3
2004	£188,000	£1,556	2
2003	£164,475		2
2002	£108,333	£903	3
2001	£91,500	£821	2
2000	£98,992	£837	6
1999	£79,000	£808	1
1998	£88,000	£622	2
1996	£70,000	£599	2
1995	£53,500		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£36,500	£793	1
2019	£39,950	£1,024	1
2016	£41,000	£891	2
2014	£36,000	£783	1
2011	£42,000	£913	1
2010	£33,000	£846	1
2007	£63,650	£1,556	3
2005	£16,750	£304	2
2002	£19,750	£465	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£487,000		1

House Type in NE34 8UA area

The most common house types in the NE34 8UA postcode area are Semi-detached (87), Detached (16), and Terraced (11).

Total	114
Semi-detached	87
Detached	16
Terraced	11
Flat	0
Shared house	0
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 (70), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright	70
Owned: Owns with a mortgage or loan	37
Social rented: Rents from council or Local Authority	2
Private rented: Private landlord or letting agency	2
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 NE34 8UA have 2 people in household (45), and 1 person in household (25).

2 people in household	45
1 person in household	25
3 people in household	20
4 people in household	15
5 people in household	7
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0