Housing Market Analysis for BASIL WAY, NE34 8UD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £88,290 median price is £73,000 Standard Deviation is £34,565 with Total Sold: 5
    • The most recent sale happened at this postcode is 56 BASIL WAY: £134,950 (Sold on 25 Jul 2005)
    • The first recorded sale happened at this postcode is 56 BASIL WAY: £44,500 (Sold on 04 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE34 8UD 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
2005£134,950 £1,753 1
2004£122,5001
2002£69,750 £864 2
1996£44,500 £578 1

All the Sales in the BASIL WAY, NE34 8UD

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

AddressSold DatePrice% Change
56 BASIL WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1967-197525 Jul 2005£134,950102.93%
05 Apr 2002£66,50049.44%
04 Oct 1996£44,500First Sale
58 BASIL WAYTerraced, Freehold08 Nov 2004£122,50067.81%
04 Oct 2002£73,000First Sale

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

BASIL WAY, NE34 8UD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £83,777 median price is £85,000 Standard Deviation is £33,136 with Total Sold: 499
    • The Last 5 Year average price is £109,648 with Total Sold: 97
    • 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 £112,623 median price is £104,950 Standard Deviation is £54,293 with Total Sold: 443
    • The Last 5 Year average price is £167,528 with Total Sold: 82
    • 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 £172,269 median price is £187,000 Standard Deviation is £71,518 with Total Sold: 55
    • 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 £43,117 median price is £39,974 Standard Deviation is £18,617 with Total Sold: 20
    • The Last 5 Year average price is £44,483 with Total Sold: 3
    • The most recent sale happened at this postcode is , 30 REYNOLDS AVENUE: £57,000 (Sold on 24 Feb 2023)
    • 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 £204,667 median price is £125,000 Standard Deviation is £205,858 with Total Sold: 3
    • The Last 5 Year average price is £306,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , THE FAD HOTEL 25 GAINSBOROUGH AVENUE: £125,000 (Sold on 28 May 2021)
    • The first recorded sale happened at this postcode is , 73 NEVINSON AVENUE: £2,000 (Sold on 13 Sep 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,200 £2,282 5
2023£114,078 £1,515 18
2022£112,250 £1,500 18
2021£111,082 £1,405 30
2020£98,710 £1,311 10
2019£97,903 £1,269 16
2018£96,429 £1,259 19
2017£93,879 £1,230 21
2016£92,219 £1,162 18
2015£86,147 £1,161 17
2014£88,269 £1,099 13
2013£91,612 £1,109 13
2012£98,933 £1,188 15
2011£102,804 £1,335 13
2010£93,408 £1,313 6
2009£88,250 £1,091 10
2008£95,675 £1,190 14
2007£103,701 £1,316 35
2006£99,624 £1,243 29
2005£90,393 £1,163 15
2004£87,386 £1,115 22
2003£58,226 £766 21
2002£54,919 £650 16
2001£44,428 £585 16
2000£46,056 £576 24
1999£45,442 £583 13
1998£38,645 £510 12
1997£39,762 £518 17
1996£38,745 £475 15
1995£34,116 £449 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,429 £4,013 7
2023£179,176 £1,885 10
2022£188,091 £2,074 11
2021£178,812 £2,050 16
2020£159,108 £1,706 18
2019£135,680 £1,623 20
2018£129,250 £1,638 8
2017£137,761 £1,683 23
2016£129,406 £1,532 17
2015£142,375 £1,607 16
2014£121,449 £1,304 13
2013£117,027 £1,387 15
2012£134,667 £1,398 6
2011£129,249 £1,311 6
2010£104,919 £1,298 13
2009£137,000 £1,734 3
2008£130,745 £1,635 10
2007£129,035 £1,495 20
2006£126,174 £1,402 27
2005£113,337 £1,315 21
2004£101,810 £1,318 15
2003£100,512 £1,182 26
2002£66,732 £676 16
2001£60,025 £680 22
2000£54,270 £616 20
1999£58,095 £676 10
1998£60,304 £644 13
1997£56,311 £623 18
1996£47,246 £575 13
1995£49,990 £471 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£200,000 £1,552 3
2006£215,667 £2,171 3
2004£188,000 £1,556 2
2003£164,4752
2002£91,750 £779 4
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£53,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£57,000 £1,188 1
2021£36,500 £793 1
2019£39,950 £1,024 1
2016£41,000 £891 2
2014£36,000 £783 1
2013£25,0001
2011£42,000 £913 1
2010£46,500 £1,137 2
2008£80,0001
2007£65,225 £1,544 4
2006£37,0001
2005£16,750 £304 2
2002£19,750 £465 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£306,0002
2017£2,0001

House Type in NE34 8UD area

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

Total114
Semi-detached87
Detached16
Terraced11
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

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 outright70
Owned: Owns with a mortgage or loan37
Social rented: Rents from council or Local Authority2
Private rented: Private landlord or letting agency2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE34 8UD have 2 people in household (45), and 1 person in household (25).

2 people in household45
1 person in household25
3 people in household20
4 people in household15
5 people in household7
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0