Housing Market Analysis for OAKFIELD TERRACE, NE3 4RQ

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

Overview of Sold House prices

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

Terraced
- The average price is around £233,909 median price is £240,000 Standard Deviation is £96,238 with Total Sold: 35
- The Last 5 Year average price is £332,530 with Total Sold: 6
- The most recent sale happened at this postcode is 22 OAKFIELD TERRACE: £392,180 (Sold on 23 Nov 2023)
- The first recorded sale happened at this postcode is 2 OAKFIELD TERRACE: £57,500 (Sold on 09 Jun 1995)
Semi-Detached
- The average price is around £212,049 median price is £205,750 Standard Deviation is £105,997 with Total Sold: 28
- The Last 5 Year average price is £359,112 with Total Sold: 5
- The most recent sale happened at this postcode is 23 OAKFIELD TERRACE: £427,560 (Sold on 26 Aug 2021)
- The first recorded sale happened at this postcode is 13 OAKFIELD TERRACE: £390,000 (Sold on 10 Jun 2024)
Flat
- The average price is around £98,488 median price is £102,975 Standard Deviation is £40,902 with Total Sold: 4
- The Last 5 Year average price is £150,000 with Total Sold: 1
- The most recent sale happened at this postcode is 46 OAKFIELD TERRACE: £150,000 (Sold on 03 Jul 2020)
- The first recorded sale happened at this postcode is 46 OAKFIELD TERRACE: £38,000 (Sold on 13 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 4RQ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£356,090	£3,195	2
2022	£267,500	£3,211	2
2021	£400,000	£3,008	1
2020	£348,000	£2,852	1
2018	£363,200	£2,454	1
2017	£340,000	£2,184	1
2016	£238,750	£2,279	2
2014	£270,000	£2,459	2
2013	£179,500	£1,205	1
2012	£279,950	£3,010	1
2011	£276,250	£2,457	2
2010	£256,667	£1,843	3
2009	£277,500	£1,875	1
2008	£220,000	£1,507	1
2007	£205,690	£1,744	5
2006	£310,000		1
2005	£215,000	£2,363	1
2004	£183,550		1
2003	£189,000	£1,421	1
1999	£60,000	£698	1
1997	£49,333	£316	3
1995	£57,500	£389	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£427,560	£5,857	1
2020	£389,000	£3,417	2
2019	£200,000	£2,740	1
2015	£315,000	£3,812	1
2014	£280,000	£1,918	1
2012	£252,950	£3,191	2
2011	£208,000	£2,815	1
2010	£249,612	£2,649	4
2009	£227,500		1
2007	£171,667	£2,393	3
2006	£165,000		1
2003	£182,500	£2,081	2
2002	£138,000	£1,279	2
1997	£57,975		2
1996	£56,667	£700	3
2024	£390,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£150,000	£2,419	1
2013	£116,000	£1,871	1
2003	£89,950	£1,451	1
1996	£38,000	£613	1

All the Sales in the OAKFIELD TERRACE, NE3 4RQ

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

Address	Sold Date	Price	% Change
22 OAKFIELD TERRACETerraced, FreeholdArea: 133 Sq.mtrAge: 1900-1929	23 Nov 2023	£392,180	-1.95%
	22 Jul 2021	£400,000	88.24%
	18 Jul 2016	£212,500	12.43%
	28 Aug 2003	£189,000	329.55%
	25 Nov 1997	£44,000	First Sale
6 OAKFIELD TERRACETerraced, FreeholdArea: 93 Sq.mtrAge: 1900-1929	29 Jun 2023	£320,000	14.31%
	30 Jan 2012	£279,950	First Sale
34 OAKFIELD TERRACETerraced, FreeholdArea: 88.02 Sq.mtrAge: before 1900	25 Aug 2022	£270,000	First Sale
30 OAKFIELD TERRACETerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	01 Jun 2022	£265,000	First Sale
23 OAKFIELD TERRACESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1900-1929	26 Aug 2021	£427,560	113.78%
	01 Nov 2019	£200,000	First Sale
31 OAKFIELD TERRACESemi-Detached, FreeholdArea: 83.86 Sq.mtrAge: 1900-1929	29 Oct 2020	£378,000	85.75%
	14 Oct 2010	£203,500	30.45%
	06 Jun 2002	£156,000	First Sale
42 OAKFIELD TERRACETerraced, FreeholdArea: 122 Sq.mtrAge: before 1900	07 Sep 2020	£348,000	First Sale
46 OAKFIELD TERRACEFlat, LeaseholdArea: 62 Sq.mtrAge: 1900-1929	03 Jul 2020	£150,000	29.31%
	09 Aug 2013	£116,000	28.96%
	30 May 2003	£89,950	136.71%
	13 Dec 1996	£38,000	First Sale
27 OAKFIELD TERRACESemi-Detached, FreeholdArea: 172 Sq.mtrAge: 1930-1949	20 Apr 2020	£400,000	233.33%
	30 Aug 2002	£120,000	First Sale
2 OAKFIELD TERRACETerraced, FreeholdArea: 148 Sq.mtrAge: 1900-1929	02 Aug 2018	£363,200	17.16%
	18 Aug 2011	£310,000	11.71%
	21 Dec 2009	£277,500	33.09%
	26 Nov 2007	£208,500	262.61%
	09 Jun 1995	£57,500	First Sale
14 OAKFIELD TERRACETerraced, FreeholdArea: 155.65 Sq.mtrAge: 1900-1929	19 May 2017	£340,000	41.67%
	01 Dec 2010	£240,000	410.64%
	30 May 1997	£47,000	First Sale
17 OAKFIELD TERRACETerraced, FreeholdArea: 89.52 Sq.mtrAge: 1900-1929	02 Dec 2016	£265,000	0.0
	10 Dec 2007	£265,000	51.43%
	30 Mar 2007	£175,000	First Sale
3 OAKFIELD TERRACESemi-Detached, FreeholdArea: 82.64 Sq.mtrAge: 1900-1929	19 Jun 2015	£315,000	9.57%
	27 Apr 2012	£287,500	98.28%
	02 May 2003	£145,000	133.87%
	20 Dec 1996	£62,000	First Sale
32 OAKFIELD TERRACETerraced, FreeholdArea: 149 Sq.mtrAge: 1900-1929	29 Oct 2014	£322,500	79.67%
	31 May 2013	£179,500	First Sale
26 OAKFIELD TERRACETerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	24 Oct 2014	£217,500	First Sale
35 OAKFIELD TERRACESemi-Detached, FreeholdArea: 146 Sq.mtrAge: 1900-1929	25 Jul 2014	£280,000	2.75%
	01 Apr 2010	£272,500	23.86%
	31 Mar 2008	£220,000	First Sale
25 OAKFIELD TERRACESemi-Detached, FreeholdArea: 75.23 Sq.mtrAge: 1900-1929	13 Jul 2012	£218,400	-12.46%
	23 Jul 2010	£249,500	38.61%
	05 Apr 2007	£180,000	First Sale
5 OAKFIELD TERRACESemi-Detached, FreeholdArea: 73.88 Sq.mtrAge: 1900-1929	23 Sep 2011	£208,000	333.33%
	19 Aug 1996	£48,000	First Sale
38 OAKFIELD TERRACETerraced, FreeholdArea: 86 Sq.mtrAge: before 1900	27 May 2011	£242,500	304.17%
	14 Jun 1999	£60,000	First Sale
4 OAKFIELD TERRACETerraced, FreeholdArea: 182.97 Sq.mtrAge: 1900-1929	24 Nov 2010	£345,000	72.54%
	26 Jan 2007	£199,950	First Sale
13 OAKFIELD TERRACESemi-Detached, FreeholdArea: 91.4 Sq.mtrAge: 1900-1929	09 Aug 2010	£272,950	24.07%
	22 Aug 2003	£220,000	-43.59%
	10 Jun 2024	£390,000	First Sale
18 OAKFIELD TERRACETerraced, FreeholdArea: 88.07 Sq.mtrAge: 1900-1929	29 Jan 2010	£185,000	First Sale
21 OAKFIELD TERRACESemi-Detached, Freehold	01 Jul 2009	£227,500	37.88%
21 OAKFIELD TERRACESemi-Detached, Freehold	28 Jul 2006	£165,000	First Sale
1 OAKFIELD TERRACESemi-Detached, Freehold	04 Dec 2007	£165,000	First Sale
11 OAKFIELD TERRACESemi-Detached, Freehold	30 Oct 2007	£170,000	First Sale
24 OAKFIELD TERRACETerraced, FreeholdArea: 138 Sq.mtrAge: 1900-1929	31 May 2007	£180,000	First Sale
16 OAKFIELD TERRACETerraced, Freehold	17 Nov 2006	£310,000	First Sale
8 OAKFIELD TERRACETerraced, FreeholdArea: 91 Sq.mtrAge: 1900-1929	25 Nov 2005	£215,000	First Sale
36 OAKFIELD TERRACETerraced, Freehold	20 Apr 2004	£183,550	222.02%
36 OAKFIELD TERRACETerraced, Freehold	05 Jan 1997	£57,000	First Sale
37 OAKFIELD TERRACESemi-Detached, Freehold	25 Jul 1997	£59,950	First Sale
15 OAKFIELD TERRACESemi-Detached, Freehold	03 Jun 1997	£56,000	First Sale
33 OAKFIELD TERRACESemi-Detached, Freehold	16 Aug 1996	£60,000	First Sale

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

OAKFIELD TERRACE, NE3 4RQ Near By properties

Interactive Map

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

Terraced
- The average price is around £214,450 median price is £189,000 Standard Deviation is £151,338 with Total Sold: 741
- The Last 5 Year average price is £352,084 with Total Sold: 95
- The most recent sale happened at this postcode is , 104 SALTERS ROAD: £330,000 (Sold on 13 Aug 2024)
- The first recorded sale happened at this postcode is , 18 BRACKENFIELD ROAD: £82,500 (Sold on 10 Feb 1995)
Flat
- The average price is around £142,866 median price is £130,000 Standard Deviation is £101,408 with Total Sold: 819
- The Last 5 Year average price is £197,647 with Total Sold: 110
- The most recent sale happened at this postcode is , 31 LANESBOROUGH COURT: £257,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 177 SALTERS ROAD: £39,000 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £310,139 median price is £242,500 Standard Deviation is £255,449 with Total Sold: 903
- The Last 5 Year average price is £523,608 with Total Sold: 149
- The most recent sale happened at this postcode is , 23 ELMFIELD GROVE: £450,000 (Sold on 22 Jul 2024)
- The first recorded sale happened at this postcode is , 23 DOUGLAS AVENUE: £108,000 (Sold on 06 Feb 1995)
Detached
- The average price is around £340,859 median price is £275,000 Standard Deviation is £300,242 with Total Sold: 646
- The Last 5 Year average price is £660,950 with Total Sold: 75
- The most recent sale happened at this postcode is , 29 BRACKENFIELD ROAD: £742,500 (Sold on 17 Jul 2024)
- The first recorded sale happened at this postcode is , 38 PRINCES MEADOW: £99,995 (Sold on 03 Feb 1995)
Other
- The average price is around £590,102 median price is £170,000 Standard Deviation is £1,483,767 with Total Sold: 27
- The Last 5 Year average price is £389,021 with Total Sold: 21
- The most recent sale happened at this postcode is , 6A - 8 ASHBURTON ROAD: £260,200 (Sold on 04 May 2023)
- The first recorded sale happened at this postcode is , 38 PRINCES MEADOW: £250 (Sold on 18 Apr 2007)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£347,592	£3,162	6
2023	£355,965	£3,237	21
2022	£345,221	£3,199	16
2021	£364,801	£2,974	19
2020	£382,067	£2,488	15
2019	£316,747	£2,610	18
2018	£306,781	£2,618	13
2017	£261,441	£2,443	30
2016	£302,731	£2,443	31
2015	£213,304	£2,403	14
2014	£305,450	£2,300	22
2013	£248,338	£2,077	17
2012	£270,775	£2,109	20
2011	£282,900	£2,291	26
2010	£309,056	£2,106	18
2009	£221,569	£2,045	24
2008	£265,667	£2,051	21
2007	£246,423	£2,083	33
2006	£242,536	£2,071	46
2005	£232,696	£1,933	24
2004	£213,897	£1,756	27
2003	£163,626	£1,615	27
2002	£146,836	£1,360	44
2001	£127,432	£1,127	36
2000	£109,120	£936	28
1999	£85,827	£820	36
1998	£87,977	£736	22
1997	£80,060	£671	34
1996	£79,271	£566	33
1995	£77,572	£610	20

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,611	£2,688	9
2023	£187,461	£2,537	16
2022	£242,018	£2,611	17
2021	£196,282	£2,753	31
2020	£189,203	£2,267	16
2019	£178,811	£2,426	21
2018	£178,883	£2,376	30
2017	£188,431	£2,319	24
2016	£234,783	£2,530	18
2015	£157,455	£2,209	28
2014	£153,941	£1,987	23
2013	£133,103	£1,987	19
2012	£166,100	£2,898	10
2011	£261,376	£2,354	17
2010	£174,636	£2,199	11
2009	£181,306	£2,232	18
2008	£213,739	£2,535	25
2007	£197,857	£2,591	37
2006	£154,430	£2,189	40
2005	£151,516	£1,947	28
2004	£164,304	£2,066	30
2003	£162,740	£2,028	45
2002	£145,936	£1,820	60
2001	£103,555	£1,263	59
2000	£64,988	£881	38
1999	£50,788	£739	25
1998	£46,458	£732	28
1997	£42,604	£669	41
1996	£41,779	£596	31
1995	£45,829	£609	24

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£451,125	£3,263	8
2023	£740,900	£3,497	20
2022	£677,710	£3,703	21
2021	£487,928	£3,464	36
2020	£457,626	£3,067	30
2019	£413,662	£2,879	34
2018	£408,761	£2,596	29
2017	£458,696	£2,491	28
2016	£392,412	£2,526	41
2015	£360,686	£2,566	37
2014	£362,364	£2,507	37
2013	£341,498	£2,191	28
2012	£373,210	£2,503	26
2011	£355,590	£2,266	22
2010	£419,842	£2,589	26
2009	£329,809	£2,152	29
2008	£388,813	£1,924	19
2007	£245,917	£2,140	29
2006	£335,229	£2,017	36
2005	£277,333	£1,894	27
2004	£304,284	£2,148	29
2003	£204,195	£1,620	43
2002	£182,137	£1,352	31
2001	£157,378	£1,093	32
2000	£136,676	£956	36
1999	£135,457	£1,007	22
1998	£121,274	£776	50
1997	£115,953	£737	39
1996	£90,818	£660	37
1995	£129,590	£656	21

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£737,812	£4,554	8
2023	£825,782	£4,093	11
2022	£734,814	£4,240	10
2021	£627,604	£4,048	24
2020	£467,300	£3,409	10
2019	£625,123	£3,416	12
2018	£640,154	£3,484	13
2017	£489,179	£3,140	14
2016	£405,754	£2,977	14
2015	£423,010	£2,538	21
2014	£577,700	£3,075	15
2013	£552,608	£2,915	15
2012	£441,709	£2,455	17
2011	£510,455	£2,866	11
2010	£440,995	£2,846	11
2009	£364,571	£2,344	14
2008	£350,919	£2,059	15
2007	£456,814	£2,655	27
2006	£408,834	£2,339	24
2005	£353,441	£2,433	23
2004	£348,313	£2,439	19
2003	£327,461	£2,101	27
2002	£248,935	£1,640	30
2001	£221,857	£1,428	35
2000	£177,056	£1,283	35
1999	£201,982	£1,142	33
1998	£178,863	£932	23
1997	£152,035	£985	39
1996	£128,655	£917	51
1995	£114,614	£861	45

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£166,550	£2,249	4
2022	£175,650	£2,606	5
2021	£125,000	£1,923	1
2020	£356,000	£2,458	5
2019	£786,667	£2,705	6
2018	£130,000	£1,711	1
2017	£1,908,264	£1,836	4
2007	£250		1

House Type in NE3 4RQ area

The most common house types in the NE3 4RQ postcode area are Semi-detached (64), Terraced (64), and Flat (2).

Total	131
Semi-detached	64
Terraced	64
Flat	2
Detached	1
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 (63), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright	63
Owned: Owns with a mortgage or loan	46
Private rented: Private landlord or letting agency	19
Social rented: Other social rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE3 4RQ have 2 people in household (47), and 1 person in household (44).

2 people in household	47
1 person in household	44
3 people in household	18
4 people in household	14
5 people in household	5
6 people in household	2
8 or more people in household	1
0 people in household	0
7 people in household	0