Housing Market Analysis for THE WEST RIG, NE3 4LR

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £181,750 median price is £198,750 Standard Deviation is £72,537 with Total Sold: 8
    • The Last 5 Year average price is £260,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 15 THE WEST RIG: £250,000 (Sold on 07 Jan 2022)
    • The first recorded sale happened at this postcode is 6 THE WEST RIG: £66,000 (Sold on 30 Apr 1998)
  • Terraced
    • The average price is around £199,077 median price is £201,000 Standard Deviation is £53,161 with Total Sold: 13
    • The Last 5 Year average price is £253,500 with Total Sold: 3
    • The most recent sale happened at this postcode is 9 THE WEST RIG: £293,500 (Sold on 07 Jun 2021)
    • The first recorded sale happened at this postcode is 24 THE WEST RIG: £59,000 (Sold on 23 May 1997)
  • Detached
    • The average price is around £249,158 median price is £250,000 Standard Deviation is £78,354 with Total Sold: 6
    • The most recent sale happened at this postcode is 2 THE WEST RIG: £320,000 (Sold on 25 Sep 2017)
    • The first recorded sale happened at this postcode is 3 THE WEST RIG: £99,950 (Sold on 16 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 4LR 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£250,000 £2,525 1
2021£270,000 £2,842 1
2016£218,000 £2,202 1
2015£235,500 £1,732 1
2012£161,000 £1,605 1
2005£179,5001
2000£74,000 £737 1
1998£66,000 £658 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£293,500 £2,293 1
2020£202,000 £2,196 1
2019£265,000 £2,650 1
2017£190,000 £1,959 1
2015£240,500 £2,186 1
2008£172,000 £1,344 1
2007£201,000 £1,844 1
2006£209,000 £1,881 2
2005£176,000 £1,714 2
2004£195,000 £1,667 1
1997£59,000 £536 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£320,000 £2,424 1
2016£297,500 £1,894 2
2007£240,0002
1997£99,9501

All the Sales in the THE WEST RIG, NE3 4LR

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

AddressSold DatePrice% Change
15 THE WEST RIGSemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1950-196607 Jan 2022£250,000First Sale
23 THE WEST RIGSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1950-196610 Dec 2021£270,000First Sale
9 THE WEST RIGTerraced, FreeholdArea: 128 Sq.mtrAge: 1930-194907 Jun 2021£293,50070.64%
17 Jul 2008£172,000First Sale
13 THE WEST RIGTerraced, FreeholdArea: 92 Sq.mtrAge: 1930-194917 Jul 2020£202,000First Sale
12 THE WEST RIGTerraced, FreeholdArea: 100 Sq.mtrAge: 1930-194928 Jun 2019£265,000First Sale
2 THE WEST RIGDetached, FreeholdArea: 132 Sq.mtrAge: 1930-194925 Sep 2017£320,00028.00%
29 Apr 2016£250,000First Sale
18 THE WEST RIGTerraced, FreeholdArea: 97 Sq.mtrAge: 1950-196611 Aug 2017£190,0008.57%
07 Dec 2005£175,000First Sale
1 THE WEST RIGDetached, Freehold27 Jul 2016£345,00038.00%
13 Jul 2007£249,9998.70%
26 Jan 2007£230,000First Sale
21 THE WEST RIGSemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1950-196619 Feb 2016£218,000First Sale
24 THE WEST RIGTerraced, FreeholdArea: 110 Sq.mtrAge: 1950-196627 Nov 2015£240,500307.63%
23 May 1997£59,000First Sale
11 THE WEST RIGSemi-Detached, FreeholdArea: 136 Sq.mtrAge: 1950-196611 Nov 2015£235,500First Sale
6 THE WEST RIGSemi-Detached, FreeholdArea: 100.34 Sq.mtrAge: 1930-194912 Mar 2012£161,000117.57%
03 Nov 2000£74,00012.12%
30 Apr 1998£66,000First Sale
19 THE WEST RIGTerraced, FreeholdArea: 109 Sq.mtrAge: 1930-194904 May 2007£201,000-1.95%
12 Sep 2006£205,00015.82%
13 May 2005£177,000First Sale
22 THE WEST RIGTerraced, Freehold16 Aug 2006£213,000First Sale
26 THE WEST RIGSemi-Detached, Freehold18 Mar 2005£179,500First Sale
16 THE WEST RIGTerraced, FreeholdArea: 117 Sq.mtrAge: 1950-196621 May 2004£195,000First Sale
3 THE WEST RIGDetached, Freehold16 May 1997£99,950First Sale

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

THE WEST RIG, NE3 4LR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £138,507 median price is £129,000 Standard Deviation is £75,074 with Total Sold: 925
    • The Last 5 Year average price is £209,033 with Total Sold: 163
    • The most recent sale happened at this postcode is , 29 BROOKVALE AVENUE: £325,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 7 THE CROSSWAY: £58,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £63,711 median price is £60,000 Standard Deviation is £33,783 with Total Sold: 83
    • The Last 5 Year average price is £83,917 with Total Sold: 12
    • The most recent sale happened at this postcode is , 19 BROAD MEADOWS: £150,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 23 CREIGHTON AVENUE: £32,500 (Sold on 12 Jun 1995)
  • Terraced
    • The average price is around £134,440 median price is £115,000 Standard Deviation is £77,718 with Total Sold: 993
    • The Last 5 Year average price is £207,782 with Total Sold: 168
    • The most recent sale happened at this postcode is , 30 WESTWOOD GARDENS: £259,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 31 THE RIDGEWAY: £41,000 (Sold on 09 Jan 1995)
  • Detached
    • The average price is around £220,220 median price is £227,500 Standard Deviation is £90,503 with Total Sold: 55
    • The Last 5 Year average price is £283,700 with Total Sold: 5
    • The most recent sale happened at this postcode is , 29 ROSEWOOD GARDENS: £323,500 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is , 3 THE WEST RIG: £99,950 (Sold on 16 May 1997)
  • Other
    • The average price is around £30,069 median price is £15,500 Standard Deviation is £31,619 with Total Sold: 8
    • The Last 5 Year average price is £17,260 with Total Sold: 5
    • The most recent sale happened at this postcode is , 62 MILLFIELD AVENUE: £55,000 (Sold on 21 Jan 2022)
    • The first recorded sale happened at this postcode is , 45 THE CROSS WAY: £68,000 (Sold on 26 Mar 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£257,357 £1,989 14
2023£230,710 £2,211 31
2022£199,050 £2,120 29
2021£210,930 £2,088 45
2020£215,495 £2,113 18
2019£160,548 £1,606 26
2018£178,936 £1,654 35
2017£176,460 £1,735 31
2016£196,676 £1,730 29
2015£177,149 £1,704 40
2014£172,421 £1,556 38
2013£148,851 £1,393 28
2012£167,595 £1,513 21
2011£118,850 £1,243 25
2010£139,516 £1,434 31
2009£134,498 £1,337 20
2008£138,385 £1,370 26
2007£160,138 £1,481 38
2006£152,432 £1,414 40
2005£134,103 £1,363 33
2004£146,677 £1,333 47
2003£104,465 £1,131 33
2002£76,860 £670 41
2001£66,046 £676 34
2000£59,359 £600 32
1999£53,975 £476 28
1998£57,602 £542 32
1997£55,186 £531 24
1996£48,684 £542 28
1995£50,449 £482 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£104,167 £1,107 3
2023£91,000 £1,723 1
2022£92,500 £1,779 1
2021£60,000 £1,017 1
2020£54,500 £1,500 2
2019£85,500 £1,187 4
2018£88,750 £1,744 2
2017£65,150 £1,075 3
2016£66,750 £1,001 4
2015£50,000 £806 1
2014£67,500 £1,040 2
2012£82,000 £1,025 1
2011£56,000 £1,029 1
2010£52,000 £1,589 2
2009£66,500 £554 2
2008£85,800 £1,391 5
2007£76,500 £1,422 2
2006£57,000 £1,158 3
2005£96,057 £1,259 7
2004£76,857 £1,004 7
2003£45,817 £861 3
2002£37,000 £725 1
2001£29,750 £573 4
2000£33,890 £744 5
1999£37,000 £617 1
1998£44,083 £409 6
1997£43,660 £472 5
1996£34,167 £707 3
1995£32,500 £580 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,458 £2,238 12
2023£221,389 £2,086 18
2022£238,765 £2,256 30
2021£214,031 £2,028 46
2020£187,249 £1,852 36
2019£171,827 £1,611 26
2018£177,758 £1,738 31
2017£179,541 £1,703 26
2016£182,290 £1,649 31
2015£145,551 £1,525 40
2014£151,400 £1,497 38
2013£137,645 £1,355 28
2012£135,556 £1,352 31
2011£133,729 £1,426 17
2010£150,626 £1,512 21
2009£157,038 £1,365 24
2008£138,250 £1,412 26
2007£165,529 £1,782 28
2006£146,181 £1,469 42
2005£151,941 £1,491 38
2004£152,851 £1,484 57
2003£115,492 £1,217 41
2002£92,403 £892 51
2001£76,251 £743 51
2000£69,452 £664 41
1999£60,551 £608 34
1998£58,254 £528 35
1997£52,952 £556 27
1996£51,608 £557 37
1995£48,302 £486 30
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£288,375 £2,371 4
2020£265,000 £2,704 1
2018£243,875 £1,901 4
2017£385,000 £2,109 2
2016£286,667 £2,114 3
2014£277,000 £2,298 1
2012£206,667 £1,939 3
2011£235,000 £1,780 2
2010£222,905 £1,334 3
2009£276,250 £1,622 2
2007£270,143 £2,302 7
2006£284,750 £1,787 4
2005£235,000 £1,865 1
2004£213,317 £1,727 3
2002£167,500 £1,328 2
2001£130,225 £1,167 2
2000£111,225 £982 4
1999£109,0002
1998£15,883 £140 1
1997£80,175 £588 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£55,0001
2020£20,0001
2019£3,767 £2 3
2017£43,125 £27 2
2014£68,0001

House Type in NE3 4LR area

The most common house types in the NE3 4LR postcode area are Semi-detached (88), Detached (11), and Terraced (9).

Total108
Semi-detached88
Detached11
Terraced9
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 with a mortgage or loan (53), and Owned: Owns outright (45).

Owned: Owns with a mortgage or loan53
Owned: Owns outright45
Private rented: Private landlord or letting agency6
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE3 4LR have 2 people in household (41), and 1 person in household (21).

2 people in household41
1 person in household21
4 people in household20
3 people in household19
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0