Housing Market Analysis for LUMLEY WAY, NE3 5RR

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

Overview of Sold House prices

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

Detached
- The average price is around £635,720 median price is £651,040 Standard Deviation is £134,071 with Total Sold: 36
- The Last 5 Year average price is £690,750 with Total Sold: 4
- The most recent sale happened at this postcode is 12 LUMLEY WAY: £695,000 (Sold on 25 Aug 2023)
- The first recorded sale happened at this postcode is 2 LUMLEY WAY: £630,000 (Sold on 30 Sep 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 5RR 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£695,000	£2,536	1
2022	£665,000	£5,418	1
2021	£715,000	£2,368	1
2020	£688,000	£2,502	1
2018	£638,333	£3,073	3
2017	£507,500	£2,418	2
2016	£668,000	£2,136	1
2014	£640,000	£2,667	1
2012	£625,000	£2,197	2
2009	£225,000	£2,394	1
2008	£695,645	£3,107	4
2007	£644,305	£2,342	11
2006	£630,000	£2,400	3
2005	£662,500	£2,435	4

All the Sales in the LUMLEY WAY, NE3 5RR

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

Address	Sold Date	Price	% Change
12 LUMLEY WAYDetached, FreeholdArea: 274 Sq.mtrAge: 2003-2006	25 Aug 2023	£695,000	5.30%
	26 Jun 2007	£660,000	First Sale
21 LUMLEY WAYDetached, FreeholdArea: 122.75 Sq.mtr	21 Jan 2022	£665,000	4.72%
21 LUMLEY WAYDetached, FreeholdArea: 122.75 Sq.mtr	27 Aug 2008	£635,000	First Sale
5 LUMLEY WAYDetached, FreeholdArea: 302 Sq.mtrAge: 2003-2006	18 Feb 2021	£715,000	5.93%
	30 Jun 2007	£675,000	First Sale
9 LUMLEY WAYDetached, FreeholdArea: 275 Sq.mtrAge: 2003-2006	20 Aug 2020	£688,000	4.24%
	06 Oct 2006	£660,000	First Sale
7 LUMLEY WAYDetached, FreeholdArea: 262.69 Sq.mtrAge: 2003-2006	27 Nov 2018	£600,000	-7.69%
	22 Dec 2005	£650,000	First Sale
4 LUMLEY WAYDetached, FreeholdArea: 399 Sq.mtrAge: 2003-2006	23 Nov 2018	£670,000	-23.43%
	30 May 2007	£875,000	First Sale
11 LUMLEY WAYDetached, FreeholdArea: 122.75 Sq.mtr	27 Apr 2018	£645,000	-1.09%
11 LUMLEY WAYDetached, FreeholdArea: 122.75 Sq.mtr	16 Jun 2008	£652,080	First Sale
20 LUMLEY WAYDetached, FreeholdArea: 94 Sq.mtrAge: 2007 onwards	13 Sep 2017	£265,000	17.78%
	17 Jul 2009	£225,000	-10.00%
	14 Dec 2007	£250,000	First Sale
17 LUMLEY WAYDetached, FreeholdArea: 372 Sq.mtrAge: 2003-2006	17 May 2017	£750,000	-1.96%
	29 Jun 2007	£765,000	First Sale
22 LUMLEY WAYDetached, FreeholdArea: 312.7 Sq.mtr	02 Aug 2016	£668,000	-8.56%
22 LUMLEY WAYDetached, FreeholdArea: 312.7 Sq.mtr	01 Sep 2008	£730,500	First Sale
1 LUMLEY WAYDetached, FreeholdArea: 240 Sq.mtrAge: 2003-2006	31 Jul 2014	£640,000	11.30%
	20 Dec 2005	£575,000	First Sale
16 LUMLEY WAYDetached, FreeholdArea: 239.275 Sq.mtrAge: 2007 onwards	31 Oct 2012	£590,000	0.85%
	04 Jul 2007	£585,000	First Sale
15 LUMLEY WAYDetached, FreeholdArea: 342.46 Sq.mtrAge: 2007 onwards	07 Sep 2012	£660,000	-15.64%
	29 Nov 2007	£782,350	First Sale
19 LUMLEY WAYDetached, FreeholdArea: 312.7 Sq.mtr	15 May 2008	£765,000	First Sale
18 LUMLEY WAYDetached, Freehold	31 Oct 2007	£595,000	First Sale
14 LUMLEY WAYDetached, Freehold	29 Jun 2007	£620,000	First Sale
10 LUMLEY WAYDetached, FreeholdArea: 257 Sq.mtrAge: 2007 onwards	18 Jun 2007	£630,000	First Sale
6 LUMLEY WAYDetached, Freehold	23 Mar 2007	£650,000	First Sale
8 LUMLEY WAYDetached, Freehold	30 Jun 2006	£600,000	First Sale
2 LUMLEY WAYDetached, Freehold	30 Mar 2006	£630,000	0.0
2 LUMLEY WAYDetached, Freehold	30 Sep 2005	£630,000	First Sale
3 LUMLEY WAYDetached, Freehold	28 Oct 2005	£795,000	First Sale

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

LUMLEY WAY, NE3 5RR Near By properties

Interactive Map

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

Detached
- The average price is around £348,400 median price is £340,000 Standard Deviation is £121,934 with Total Sold: 575
- The Last 5 Year average price is £387,760 with Total Sold: 74
- The most recent sale happened at this postcode is , 27 BRACKENPETH MEWS: £407,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 6 SOUTH RIDGE: £87,500 (Sold on 27 Oct 1995)
Flat
- The average price is around £152,606 median price is £137,500 Standard Deviation is £91,091 with Total Sold: 30
- The Last 5 Year average price is £271,250 with Total Sold: 2
- The most recent sale happened at this postcode is , 8 BARMOOR DRIVE: £150,000 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is , 24 GRENVILLE DRIVE: £77,000 (Sold on 22 Sep 1995)
Terraced
- The average price is around £268,743 median price is £275,000 Standard Deviation is £102,721 with Total Sold: 544
- The Last 5 Year average price is £334,628 with Total Sold: 109
- The most recent sale happened at this postcode is , 85 FEATHERSTONE GROVE: £422,598 (Sold on 06 Aug 2024)
- The first recorded sale happened at this postcode is , 2 GRENVILLE DRIVE: £80,000 (Sold on 09 Mar 1995)
Semi-Detached
- The average price is around £225,522 median price is £230,000 Standard Deviation is £96,350 with Total Sold: 541
- The Last 5 Year average price is £300,816 with Total Sold: 91
- The most recent sale happened at this postcode is , 11 DAVENPORT DRIVE: £310,000 (Sold on 25 Jul 2024)
- The first recorded sale happened at this postcode is , 12 MILFORD GARDENS: £68,000 (Sold on 11 Apr 1995)
Other
- The average price is around £158,033 median price is £214,975 Standard Deviation is £113,405 with Total Sold: 6
- The Last 5 Year average price is £242,475 with Total Sold: 2
- The most recent sale happened at this postcode is , 6 MILFORD GARDENS: £285,000 (Sold on 12 Feb 2021)
- The first recorded sale happened at this postcode is , 11 GREENFIELD ROAD: £230,000 (Sold on 02 Dec 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£429,000	£2,919	5
2023	£435,792	£2,866	18
2022	£374,714	£3,019	14
2021	£384,607	£2,493	14
2020	£335,500	£2,540	9
2019	£361,071	£2,668	14
2018	£400,418	£2,681	19
2017	£358,958	£2,452	24
2016	£364,139	£2,310	14
2015	£303,597	£2,917	16
2014	£355,033	£2,591	15
2013	£353,450	£2,699	10
2012	£344,714	£2,474	14
2011	£283,710	£2,060	20
2010	£278,285	£2,525	29
2009	£291,193	£2,652	26
2008	£506,547	£2,865	14
2007	£446,440	£2,502	45
2006	£375,129	£2,266	41
2005	£369,102	£2,399	50
2004	£325,742	£2,239	87
2003	£308,603	£2,193	58
2002	£243,136	£1,931	7
2001	£152,750		2
2000	£147,500		2
1999	£141,250	£873	2
1998	£118,333	£615	3
1997	£99,950		1
1996	£73,000		1
1995	£87,500		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£150,000		1
2023	£392,500	£2,193	1
2018	£146,000	£2,380	2
2017	£205,000	£1,402	1
2014	£210,000	£1,436	1
2013	£135,000	£1,905	1
2007	£302,472	£1,846	2
2006	£223,000	£2,613	4
2005	£172,500	£2,410	2
2004	£145,000		1
2003	£140,000	£2,121	1
2002	£45,550		2
2001	£95,333	£687	3
1999	£95,340		2
1998	£78,475		2
1997	£94,000	£839	2
1995	£77,000		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£414,120	£1,866	5
2023	£339,986	£2,846	14
2022	£391,221	£2,683	26
2021	£311,780	£2,325	27
2020	£313,898	£2,381	22
2019	£276,567	£2,135	15
2018	£278,375	£2,291	12
2017	£296,167	£2,057	19
2016	£281,067	£1,883	15
2015	£300,133	£2,004	15
2014	£273,607	£2,277	14
2013	£257,013	£2,161	15
2012	£251,295	£1,750	10
2011	£230,417	£2,242	6
2010	£260,401	£4,116	19
2009	£260,491	£2,376	38
2008	£298,883	£2,362	30
2007	£318,282	£2,030	38
2006	£331,057	£1,942	32
2005	£316,382	£1,961	36
2004	£280,110	£1,938	37
2003	£252,611	£1,873	19
2002	£135,000		2
2001	£109,283	£1,110	12
2000	£97,809	£1,030	11
1999	£88,912	£847	12
1998	£94,627	£737	11
1997	£86,853	£793	15
1996	£79,175	£599	10
1995	£77,196	£643	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£317,500	£2,446	4
2023	£339,475	£3,877	14
2022	£320,313	£3,583	15
2021	£313,630	£3,313	20
2020	£297,063	£2,958	15
2019	£252,972	£2,692	23
2018	£285,735	£3,151	17
2017	£271,796	£2,828	30
2016	£257,579	£2,654	19
2015	£251,361	£3,059	18
2014	£246,658	£2,469	19
2013	£241,181	£2,263	18
2012	£219,765	£2,633	17
2011	£263,726	£2,273	15
2010	£265,933	£2,510	17
2009	£254,492	£2,437	26
2008	£250,100	£2,537	10
2007	£261,758	£2,439	19
2006	£274,806	£2,524	25
2005	£240,724	£2,549	23
2004	£244,006	£2,185	25
2003	£217,123	£2,045	28
2002	£146,426	£1,804	19
2001	£130,421	£1,487	14
2000	£103,400	£973	15
1999	£85,930	£850	15
1998	£95,707	£935	7
1997	£80,877	£874	22
1996	£77,235	£866	20
1995	£70,267	£870	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£285,000	£3,476	1
2019	£199,950	£2,531	1
2018	£2,250	£17	1
2017	£1,000		1
2016	£230,000	£2,584	2

House Type in NE3 5RR area

The most common house types in the NE3 5RR postcode area are Terraced (56), Detached (41), and Semi-detached (14).

Total	111
Terraced	56
Detached	41
Semi-detached	14
Flat	0
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 with a mortgage or loan (74), and Owned: Owns outright (31).

Owned: Owns with a mortgage or loan	74
Owned: Owns outright	31
Private rented: Private landlord or letting agency	5
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE3 5RR have 4 people in household (41), and 2 people in household (28).

4 people in household	41
2 people in household	28
3 people in household	19
5 people in household	12
1 person in household	8
6 people in household	3
8 or more people in household	2
0 people in household	0
7 people in household	0