Housing Market Analysis for BASIL WAY, NE34 8UE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £60,000 median price is £60,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 74 BASIL WAY: £60,000 (Sold on 30 Aug 2001)
    • The first recorded sale happened at this postcode is 74 BASIL WAY: £60,000 (Sold on 30 Aug 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE34 8UE 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
2001£60,0001

All the Sales in the BASIL WAY, NE34 8UE

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

AddressSold DatePrice% Change
74 BASIL WAYTerraced, Freehold30 Aug 2001£60,000First Sale

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

BASIL WAY, NE34 8UE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £83,885 median price is £85,000 Standard Deviation is £33,390 with Total Sold: 482
    • The Last 5 Year average price is £110,655 with Total Sold: 88
    • 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 £112,347 median price is £105,000 Standard Deviation is £53,798 with Total Sold: 461
    • The Last 5 Year average price is £167,192 with Total Sold: 85
    • 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 £179,822 median price is £187,750 Standard Deviation is £72,841 with Total Sold: 46
    • The Last 5 Year average price is £258,429 with Total Sold: 7
    • 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 £44,866 median price is £38,475 Standard Deviation is £19,936 with Total Sold: 16
    • 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£115,141 £1,538 17
2022£111,781 £1,511 16
2021£113,609 £1,435 27
2020£96,010 £1,284 10
2019£99,092 £1,280 13
2018£97,842 £1,279 18
2017£94,322 £1,235 20
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£100,643 £1,213 14
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£105,178 £1,342 34
2006£100,137 £1,243 30
2005£90,064 £1,154 14
2004£87,850 £1,116 20
2003£59,179 £787 21
2002£55,197 £650 15
2001£44,609 £585 16
2000£46,056 £576 24
1999£47,021 £583 12
1998£39,840 £510 11
1997£39,331 £518 18
1996£38,324 £475 16
1995£34,990 £449 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£204,750 £3,197 8
2023£174,614 £1,859 11
2022£188,091 £2,074 11
2021£178,812 £2,050 16
2020£158,366 £1,742 19
2019£135,680 £1,623 20
2018£133,772 £1,680 9
2017£137,021 £1,675 24
2016£129,406 £1,532 17
2015£137,867 £1,621 15
2014£123,788 £1,389 15
2013£116,447 £1,400 17
2012£134,667 £1,398 6
2011£129,249 £1,311 6
2010£106,583 £1,312 12
2009£137,000 £1,734 3
2008£127,288 £1,635 12
2007£126,805 £1,525 22
2006£125,403 £1,402 29
2005£113,799 £1,342 22
2004£101,810 £1,318 15
2003£100,512 £1,182 26
2002£63,370 £650 18
2001£60,025 £680 22
2000£53,352 £616 21
1999£58,095 £676 10
1998£58,246 £644 14
1997£56,311 £623 18
1996£49,100 £575 12
1995£48,355 £469 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£335,000 £2,545 2
2021£270,000 £2,411 1
2020£233,333 £2,225 3
2019£169,000 £1,509 1
2018£235,000 £1,643 1
2017£220,000 £2,147 2
2016£189,950 £1,942 1
2015£227,498 £2,113 2
2014£231,663 £1,844 3
2013£190,390 £1,831 5
2011£240,000 £1,865 1
2010£187,500 £1,917 1
2008£145,000 £1,611 1
2007£200,000 £1,552 3
2006£231,000 £2,171 2
2004£188,000 £1,556 2
2003£164,4752
2002£86,500 £680 3
2001£98,500 £966 1
2000£100,200 £847 5
1999£79,000 £808 1
1998£90,0001
1996£75,000 £605 1
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
2014£36,000 £783 1
2013£25,0001
2010£46,500 £1,137 2
2008£80,0001
2007£65,225 £1,544 4
2006£37,0001
2005£13,000 £162 1
2002£19,750 £465 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£306,0002
2017£2,0001

House Type in NE34 8UE area

The most common house types in the NE34 8UE postcode area are Terraced (63), Semi-detached (51), and Detached (7).

Total121
Terraced63
Semi-detached51
Detached7
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 (63), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright63
Owned: Owns with a mortgage or loan51
Private rented: Private landlord or letting agency4
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
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 8UE have 2 people in household (61), and 3 people in household (24).

2 people in household61
3 people in household24
1 person in household23
4 people in household9
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0