Housing Market Analysis for NE3 5LB

Are you looking to understand NE3 5LB 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 5LB area, explore the NE3 5LB Area information page.
For comprehensive crime statistics in the NE3 5LB area, explore the NE3 5LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE3 5LB postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE3 5LB 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.

    All the Sales in the NE3 5LB

    See the table below for more details on the sold house prices in the NE3 5LB, Newcastle upon Tyne postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE3 5LB postcode. Properties currently for saleProperties currently for rent

    NE3 5LB Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE3 5LB 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 5LB postcode.

    • Semi-Detached
      • The average price is around £163,595 median price is £168,200 Standard Deviation is £77,403 with Total Sold: 713
      • The Last 5 Year average price is £257,605 with Total Sold: 101
      • The most recent sale happened at this postcode is , 103 HOLLYWOOD AVENUE: £250,000 (Sold on 19 Sep 2024)
      • The first recorded sale happened at this postcode is , 107 PARK AVENUE: £47,500 (Sold on 04 Jan 1995)
    • Terraced
      • The average price is around £162,284 median price is £165,000 Standard Deviation is £82,483 with Total Sold: 419
      • The Last 5 Year average price is £241,740 with Total Sold: 59
      • The most recent sale happened at this postcode is , 39 WESTBOURNE AVENUE: £322,000 (Sold on 06 Sep 2024)
      • The first recorded sale happened at this postcode is , 91 PARK AVENUE: £40,456 (Sold on 03 Feb 1995)
    • Flat
      • The average price is around £148,350 median price is £155,000 Standard Deviation is £38,278 with Total Sold: 464
      • The Last 5 Year average price is £140,046 with Total Sold: 74
      • The most recent sale happened at this postcode is 33, BROADWAY COURT HIGHBRIDGE: £197,000 (Sold on 26 Jun 2024)
      • The first recorded sale happened at this postcode is , 125 GREAT NORTH ROAD: £45,000 (Sold on 29 Dec 1995)
    • Detached
      • The average price is around £297,591 median price is £282,250 Standard Deviation is £135,470 with Total Sold: 140
      • The Last 5 Year average price is £396,563 with Total Sold: 26
      • The most recent sale happened at this postcode is , 6 BURNSIDE ROAD: £530,000 (Sold on 24 May 2024)
      • The first recorded sale happened at this postcode is , 1 CHESWICK DRIVE: £77,000 (Sold on 06 Jun 1995)
    • Other
      • The average price is around £4,511,258 median price is £1,141,200 Standard Deviation is £5,992,064 with Total Sold: 16
      • The Last 5 Year average price is £5,043,080 with Total Sold: 9
      • The most recent sale happened at this postcode is , ASDA STORES LTD GREAT NORTH ROAD: £13,211,008 (Sold on 20 Dec 2023)
      • The first recorded sale happened at this postcode is , 192 - 194 HOLLYWOOD AVENUE: £932,400 (Sold on 09 Jul 2013)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£262,703 £3,457 16
    2023£276,147 £2,884 12
    2022£298,051 £3,247 13
    2021£252,782 £2,918 27
    2020£238,067 £2,477 15
    2019£235,020 £2,523 18
    2018£227,423 £2,539 26
    2017£200,111 £2,309 18
    2016£211,962 £2,327 32
    2015£195,868 £2,310 19
    2014£208,580 £2,200 24
    2013£187,706 £2,038 17
    2012£184,333 £1,997 18
    2011£189,912 £2,107 17
    2010£189,055 £2,083 22
    2009£193,104 £2,154 14
    2008£217,589 £2,272 14
    2007£201,976 £2,242 35
    2006£186,465 £1,996 42
    2005£173,389 £1,861 14
    2004£187,084 £1,960 28
    2003£152,032 £1,685 33
    2002£107,929 £1,221 29
    2001£84,754 £934 28
    2000£83,583 £841 36
    1999£78,090 £831 36
    1998£70,427 £674 22
    1997£68,520 £668 33
    1996£60,420 £731 30
    1995£56,928 £636 25
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£322,0001
    2023£262,292 £2,854 12
    2022£267,341 £2,631 7
    2021£240,083 £2,553 12
    2020£232,333 £2,287 9
    2019£219,431 £2,304 18
    2018£218,897 £2,190 17
    2017£180,143 £2,119 14
    2016£234,983 £2,275 15
    2015£227,292 £2,374 12
    2014£179,620 £1,943 10
    2013£223,200 £2,135 10
    2012£157,883 £1,885 9
    2011£184,773 £2,093 11
    2010£191,109 £1,922 14
    2009£182,389 £1,835 9
    2008£183,250 £1,994 6
    2007£200,402 £2,076 21
    2006£173,911 £1,909 23
    2005£200,333 £2,230 15
    2004£174,915 £1,735 24
    2003£154,435 £1,813 17
    2002£134,458 £1,404 12
    2001£88,924 £883 23
    2000£90,575 £1,097 14
    1999£76,895 £853 19
    1998£75,110 £762 15
    1997£62,200 £732 15
    1996£53,681 £626 18
    1995£52,377 £619 17
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£129,600 £2,423 5
    2023£114,324 £1,856 17
    2022£126,915 £2,036 13
    2021£164,727 £2,214 11
    2020£152,667 £2,161 12
    2019£154,875 £2,207 16
    2018£124,365 £1,838 13
    2017£164,267 £2,355 15
    2016£132,276 £2,321 17
    2015£148,300 £2,364 10
    2014£140,158 £2,206 12
    2013£152,707 £2,287 7
    2012£150,579 £2,335 12
    2011£134,450 £2,596 11
    2010£144,333 £2,203 6
    2009£152,214 £2,403 7
    2008£165,050 £2,780 10
    2007£159,906 £2,636 16
    2006£159,666 £2,392 32
    2005£153,333 £2,633 9
    2004£177,470 £2,476 93
    2003£152,361 £2,407 47
    2002£129,481 £2,157 49
    2001£124,050 £2,315 10
    2000£49,000 £589 2
    1999£72,750 £776 2
    1998£46,167 £729 3
    1997£59,975 £677 2
    1996£49,767 £611 3
    1995£45,000 £701 2
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£530,0001
    2023£402,900 £4,262 5
    2022£335,000 £3,851 1
    2021£386,111 £3,388 9
    2020£379,192 £3,462 6
    2019£420,250 £3,155 4
    2018£695,000 £4,112 1
    2017£411,600 £3,205 5
    2016£436,750 £3,077 2
    2015£357,212 £3,102 8
    2014£399,500 £3,089 4
    2013£365,667 £3,438 3
    2012£437,500 £3,008 2
    2011£310,000 £2,794 3
    2010£377,875 £2,796 4
    2009£284,057 £2,470 7
    2008£408,600 £2,264 5
    2007£291,833 £1,511 3
    2006£364,000 £2,600 2
    2005£276,950 £1,775 4
    2004£310,417 £2,094 6
    2003£175,000 £1,687 1
    2002£238,719 £1,688 18
    2001£225,000 £1,688 2
    2000£265,0001
    1999£173,986 £1,073 7
    1998£258,333 £1,339 3
    1997£155,345 £1,257 10
    1996£116,680 £793 8
    1995£116,879 £864 5
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£6,753,004 £3,525 2
    2022£7,411,6062
    2021£4,711,750 £2,271 2
    2020£3,745,0002
    2019£145,000 £2,367 1
    2018£305,000 £1,981 1
    2017£310,000 £5,000 1
    2016£660,0001
    2015£19,785,000 £290,956 1
    2014£2,400,0002
    2013£932,4001

    House Type in NE3 5LB area

    The most common house types in the NE3 5LB postcode area are Flat (89), Shared house (44), and Semi-detached (5).

    Total140
    Flat89
    Shared house44
    Semi-detached5
    commercial building2
    Detached0
    Terraced0
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (123), and Owned: Owns outright (7).

    Private rented: Private landlord or letting agency123
    Owned: Owns outright7
    Social rented: Other social rented5
    Owned: Owns with a mortgage or loan3
    Private rented: Other private rented2
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE3 5LB have 2 people in household (67), and 1 person in household (65).

    2 people in household67
    1 person in household65
    3 people in household6
    4 people in household1
    6 people in household1
    0 people in household0
    5 people in household0
    7 people in household0
    8 or more people in household0