Housing Market Analysis for BURNFOOT WAY, NE3 4TN

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £81,000 median price is £81,000 Standard Deviation is £1,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 55 BURNFOOT WAY: £80,000 (Sold on 12 Aug 2016)
    • The first recorded sale happened at this postcode is 55 BURNFOOT WAY: £82,000 (Sold on 03 Sep 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 4TN 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£80,000 £1,000 1
2012£82,000 £1,025 1

All the Sales in the BURNFOOT WAY, NE3 4TN

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

AddressSold DatePrice% Change
55 BURNFOOT WAYFlat, LeaseholdArea: 80 Sq.mtrAge: 1930-194912 Aug 2016£80,000-2.44%
03 Sep 2012£82,000First Sale

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

BURNFOOT WAY, NE3 4TN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £131,688 median price is £124,700 Standard Deviation is £74,502 with Total Sold: 769
    • The Last 5 Year average price is £193,545 with Total Sold: 145
    • The most recent sale happened at this postcode is , 42 CONISCLIFFE AVENUE: £210,000 (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 £59,668 median price is £56,500 Standard Deviation is £27,563 with Total Sold: 98
    • The Last 5 Year average price is £75,875 with Total Sold: 16
    • 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 £122,808 median price is £105,750 Standard Deviation is £74,016 with Total Sold: 619
    • The Last 5 Year average price is £182,848 with Total Sold: 116
    • The most recent sale happened at this postcode is , 13 THE HIGH GATE: £260,000 (Sold on 23 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 £227,754 median price is £230,000 Standard Deviation is £95,219 with Total Sold: 47
    • The Last 5 Year average price is £340,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 150 KENTON LANE: £340,000 (Sold on 14 Mar 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 £32,793 median price is £20,000 Standard Deviation is £32,912 with Total Sold: 7
    • The Last 5 Year average price is £18,825 with Total Sold: 4
    • 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£277,538 £1,546 13
2023£220,488 £2,158 20
2022£188,432 £2,013 31
2021£190,533 £2,006 39
2020£175,315 £1,788 17
2019£151,750 £1,545 25
2018£172,107 £1,652 28
2017£166,190 £1,658 24
2016£180,030 £1,631 28
2015£146,857 £1,432 28
2014£167,138 £1,537 29
2013£147,048 £1,409 18
2012£170,188 £1,552 16
2011£123,273 £1,259 22
2010£127,654 £1,406 26
2009£133,747 £1,333 16
2008£140,261 £1,452 23
2007£152,090 £1,447 36
2006£150,944 £1,370 39
2005£125,596 £1,301 25
2004£141,783 £1,291 35
2003£93,166 £983 28
2002£72,866 £619 38
2001£61,056 £635 28
2000£54,295 £597 22
1999£50,995 £478 22
1998£53,963 £534 25
1997£54,807 £555 18
1996£49,645 £445 27
1995£47,222 £471 23
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£104,167 £1,107 3
2023£63,333 £1,114 3
2022£92,500 £1,779 1
2021£60,000 £1,017 1
2020£54,250 £1,252 4
2019£85,500 £1,187 4
2018£66,850 £1,223 5
2017£65,862 £1,049 4
2016£64,800 £976 5
2015£50,000 £806 1
2014£67,408 £1,151 6
2012£57,667 £818 3
2011£56,000 £1,029 1
2010£89,000 £1,589 1
2009£66,500 £554 2
2008£76,800 £1,339 5
2007£76,500 £1,422 2
2006£57,500 £1,144 4
2005£72,980 £1,236 5
2004£69,194 £913 9
2003£42,350 £763 4
2002£37,000 £725 1
2001£27,800 £533 5
2000£33,890 £744 5
1999£37,000 £617 1
1998£45,500 £394 5
1997£34,325 £472 4
1996£34,167 £707 3
1995£32,500 £580 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,000 £2,238 8
2023£210,143 £1,879 14
2022£212,680 £2,020 20
2021£185,355 £1,830 31
2020£162,427 £1,680 24
2019£143,711 £1,499 19
2018£161,833 £1,648 21
2017£155,446 £1,648 17
2016£144,667 £1,434 15
2015£132,582 £1,434 31
2014£123,581 £1,337 24
2013£122,969 £1,268 16
2012£128,312 £1,306 25
2011£102,369 £1,363 8
2010£107,900 £1,267 10
2009£147,589 £1,340 14
2008£145,324 £1,481 17
2007£149,068 £1,759 20
2006£134,903 £1,402 32
2005£141,460 £1,431 25
2004£131,533 £1,426 32
2003£101,569 £1,118 27
2002£83,180 £823 31
2001£65,754 £681 28
2000£59,091 £603 23
1999£53,781 £618 13
1998£55,093 £565 21
1997£47,750 £562 17
1996£47,536 £507 22
1995£45,168 £500 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£340,000 £2,000 1
2018£249,333 £1,932 3
2017£385,000 £2,109 2
2016£286,667 £2,114 3
2014£277,000 £2,298 1
2012£215,000 £2,017 2
2011£235,000 £1,780 2
2010£275,000 £1,503 1
2009£385,000 £1,534 1
2007£270,143 £2,302 7
2006£284,750 £1,787 4
2004£235,000 £1,470 4
2003£345,000 £1,474 1
2002£167,500 £1,328 2
2001£130,225 £1,167 2
2000£111,225 £982 4
1999£157,5002
1998£117,942 £655 2
1997£81,067 £588 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£55,0001
2020£20,0001
2019£150 £2 2
2017£43,125 £27 2
2014£68,0001

House Type in NE3 4TN area

The most common house types in the NE3 4TN postcode area are Terraced (55), Flat (33), and Semi-detached (24).

Total124
Terraced55
Flat33
Semi-detached24
Detached8
Shared house4
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (69), and Owned: Owns with a mortgage or loan (24).

Social rented: Rents from council or Local Authority69
Owned: Owns with a mortgage or loan24
Owned: Owns outright13
Social rented: Other social rented8
Private rented: Private landlord or letting agency6
Private rented: Other private rented3
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE3 4TN have 1 person in household (67), and 2 people in household (31).

1 person in household67
2 people in household31
3 people in household14
4 people in household10
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0