Housing Market Analysis for THE DRIVE, NE3 4BX

Are you looking to understand NE3 4BX 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 4BX area, explore the NE3 4BX Area information page.
For comprehensive crime statistics in the NE3 4BX area, explore the NE3 4BX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE3 4BX postcode area, The average prices are as follows,

  • Other
    • The average price is around £700,000 median price is £700,000 Standard Deviation is £50,000 with Total Sold: 2
    • The Last 5 Year average price is £700,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 8, THE COACH HOUSE, 62 THE DRIVE: £650,000 (Sold on 05 Jul 2023)
    • The first recorded sale happened at this postcode is 8, THE COACH HOUSE, 62 THE DRIVE: £750,000 (Sold on 12 Jul 2021)
  • Flat
    • The average price is around £766,667 median price is £750,000 Standard Deviation is £143,372 with Total Sold: 3
    • The Last 5 Year average price is £766,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 7, THE COACH HOUSE, 62 THE DRIVE: £600,000 (Sold on 08 Mar 2022)
    • The first recorded sale happened at this postcode is 4, THE COACH HOUSE, 62 THE DRIVE: £950,000 (Sold on 12 Feb 2021)
  • Terraced
    • The average price is around £864,000 median price is £864,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £864,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3, THE COACH HOUSE, 62 THE DRIVE: £864,000 (Sold on 04 Dec 2020)
    • The first recorded sale happened at this postcode is 3, THE COACH HOUSE, 62 THE DRIVE: £864,000 (Sold on 04 Dec 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 4BX 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£650,0001
2021£750,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£600,0001
2021£850,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£864,0001

All the Sales in the THE DRIVE, NE3 4BX

See the table below for more details on the sold house prices in the NE3 4BX, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
8, THE COACH HOUSE, 62 THE DRIVEOther, Leasehold05 Jul 2023£650,000-13.33%
12 Jul 2021£750,000First Sale
7, THE COACH HOUSE, 62 THE DRIVEFlat, Leasehold08 Mar 2022£600,000First Sale
5, THE COACH HOUSE, 62 THE DRIVEFlat, Leasehold22 Apr 2021£750,000First Sale
4, THE COACH HOUSE, 62 THE DRIVEFlat, Leasehold12 Feb 2021£950,000First Sale
3, THE COACH HOUSE, 62 THE DRIVETerraced, Leasehold04 Dec 2020£864,000First Sale

Check out the sold house prices near the NE3 4BX postcode. Properties currently for saleProperties currently for rent

THE DRIVE, NE3 4BX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE3 4BX 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 4BX postcode.

  • Detached
    • The average price is around £657,493 median price is £571,500 Standard Deviation is £476,922 with Total Sold: 292
    • The Last 5 Year average price is £1,117,690 with Total Sold: 45
    • The most recent sale happened at this postcode is , 70 NORTHFIELD ROAD: £1,150,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 23 THE GROVE: £287,500 (Sold on 26 May 1995)
  • Flat
    • The average price is around £234,473 median price is £225,000 Standard Deviation is £130,195 with Total Sold: 628
    • The Last 5 Year average price is £306,291 with Total Sold: 104
    • The most recent sale happened at this postcode is 23, HAWTHORN COURT HAWTHORN ROAD: £235,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is 15, LITTLE DENE LODORE ROAD: £112,500 (Sold on 10 Mar 1995)
  • Semi-Detached
    • The average price is around £507,864 median price is £485,000 Standard Deviation is £329,811 with Total Sold: 609
    • The Last 5 Year average price is £826,559 with Total Sold: 84
    • The most recent sale happened at this postcode is , 25 ELMFIELD ROAD: £870,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 4 LINDEN ROAD: £200,000 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £369,202 median price is £405,000 Standard Deviation is £270,373 with Total Sold: 17
    • The Last 5 Year average price is £478,520 with Total Sold: 9
    • The most recent sale happened at this postcode is , 8 HAWTHORN ROAD: £300,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 2 HAWTHORN ROAD: £10,000 (Sold on 04 Aug 2016)
  • Terraced
    • The average price is around £369,500 median price is £337,750 Standard Deviation is £241,525 with Total Sold: 596
    • The Last 5 Year average price is £602,946 with Total Sold: 91
    • The most recent sale happened at this postcode is , 46 BRACKENFIELD ROAD: £375,000 (Sold on 18 Apr 2024)
    • The first recorded sale happened at this postcode is , 36 TREHERNE ROAD: £60,500 (Sold on 06 Feb 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,366,0005
2023£1,281,000 £4,925 8
2022£1,032,500 £4,640 7
2021£1,160,292 £5,200 12
2020£849,900 £3,657 5
2019£977,191 £4,232 8
2018£1,056,250 £3,762 8
2017£625,000 £3,879 8
2016£929,778 £4,115 9
2015£945,762 £3,646 13
2014£919,000 £3,563 9
2013£884,667 £3,319 9
2012£799,900 £3,630 6
2011£704,562 £3,098 8
2010£688,889 £3,140 9
2009£870,154 £3,054 13
2008£622,315 £1,636 6
2007£785,652 £2,838 10
2006£606,700 £2,633 17
2005£560,417 £2,012 6
2004£408,500 £3,283 4
2003£542,594 £2,374 16
2002£399,626 £2,021 10
2001£332,616 £1,655 13
2000£344,250 £1,455 10
1999£353,727 £1,354 11
1998£273,683 £955 15
1997£234,556 £1,112 18
1996£214,732 £1,073 14
1995£165,700 £1,138 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£269,545 £3,289 11
2023£285,740 £3,096 20
2022£294,361 £3,001 18
2021£330,913 £3,109 23
2020£405,994 £2,792 9
2019£287,435 £3,589 23
2018£278,213 £2,835 18
2017£298,714 £3,898 28
2016£248,108 £3,191 82
2015£289,426 £2,668 21
2014£254,068 £2,587 12
2013£223,566 £2,621 14
2012£243,215 £2,615 10
2011£313,432 £2,675 22
2010£244,230 £2,684 15
2009£253,583 £2,640 24
2008£272,072 £2,904 20
2007£281,772 £2,934 30
2006£254,248 £2,640 24
2005£179,115 £2,260 17
2004£236,354 £2,512 27
2003£150,800 £1,932 20
2002£153,392 £1,845 40
2001£152,229 £1,698 44
2000£93,427 £1,262 11
1999£79,500 £888 8
1998£115,828 £1,060 9
1997£85,917 £901 15
1996£72,075 £722 6
1995£92,071 £782 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£880,625 £4,145 8
2023£894,237 £3,921 19
2022£806,108 £4,088 13
2021£784,594 £4,035 19
2020£785,885 £3,292 13
2019£816,021 £3,139 12
2018£651,850 £3,126 17
2017£722,555 £3,200 22
2016£746,119 £2,841 21
2015£738,156 £3,065 16
2014£683,652 £2,871 28
2013£652,382 £2,742 20
2012£605,931 £2,754 21
2011£474,107 £2,501 17
2010£616,093 £2,860 21
2009£604,748 £2,775 24
2008£705,000 £2,270 15
2007£492,423 £2,390 20
2006£555,833 £2,365 24
2005£583,069 £2,259 16
2004£539,528 £2,379 18
2003£444,760 £1,694 21
2002£326,539 £1,579 18
2001£272,155 £1,447 19
2000£230,986 £1,317 21
1999£238,600 £1,108 25
1998£186,274 £842 40
1997£172,646 £772 37
1996£157,269 £786 26
1995£168,861 £714 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,0001
2023£543,3402
2022£420,0002
2021£376,6673
2020£950,0001
2017£193,167 £175 3
2016£278,051 £5,919 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£518,8005
2023£686,777 £3,537 23
2022£726,324 £3,616 8
2021£525,892 £3,226 20
2020£582,139 £3,221 18
2019£568,897 £2,905 17
2018£536,368 £2,704 19
2017£507,462 £2,841 17
2016£527,475 £3,013 24
2015£411,751 £2,800 18
2014£437,718 £2,554 25
2013£509,683 £2,685 15
2012£444,723 £2,438 11
2011£463,913 £2,657 15
2010£410,395 £2,532 10
2009£433,263 £2,261 15
2008£456,650 £2,089 13
2007£463,870 £2,410 23
2006£408,275 £2,340 29
2005£441,493 £2,344 14
2004£404,348 £2,311 23
2003£383,746 £2,205 14
2002£219,461 £1,474 21
2001£233,942 £1,456 20
2000£201,801 £1,082 33
1999£183,810 £1,047 24
1998£136,077 £837 28
1997£141,150 £831 33
1996£128,024 £617 36
1995£107,574 £633 25

House Type in NE3 4BX area

The most common house types in the NE3 4BX postcode area are Semi-detached (51), Detached (44), and Terraced (24).

Total128
Semi-detached51
Detached44
Terraced24
Flat8
converted building1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright64
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency7
Social rented: Rents from council or Local Authority5
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE3 4BX have 2 people in household (46), and 4 people in household (29).

2 people in household46
4 people in household29
3 people in household27
1 person in household16
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0