Housing Market Analysis for MEREVALE CLOSE, NE37 3LP

Are you looking to understand NE37 3LP 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 Sunderland postcode.

For the location information and nearby amenities in the NE37 3LP area, explore the NE37 3LP Area information page.
For comprehensive crime statistics in the NE37 3LP area, explore the NE37 3LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE37 3LP postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £119,334 median price is £138,000 Standard Deviation is £47,235 with Total Sold: 50
- The Last 5 Year average price is £167,050 with Total Sold: 10
- The most recent sale happened at this postcode is 9 MEREVALE CLOSE: £172,000 (Sold on 15 Nov 2022)
- The first recorded sale happened at this postcode is 23 MEREVALE CLOSE: £58,000 (Sold on 24 Mar 1995)
Detached
- The average price is around £118,099 median price is £84,995 Standard Deviation is £49,666 with Total Sold: 5
- The most recent sale happened at this postcode is 25 MEREVALE CLOSE: £180,000 (Sold on 06 Aug 2018)
- The first recorded sale happened at this postcode is 20 MEREVALE CLOSE: £81,000 (Sold on 12 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE37 3LP 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£172,750	£2,175	4
2021	£159,833	£2,044	3
2020	£166,667	£1,884	3
2017	£163,000	£1,236	3
2016	£150,000	£1,784	1
2011	£126,250	£1,511	2
2010	£130,000	£1,377	1
2009	£155,000	£1,784	2
2008	£181,250	£2,613	2
2007	£156,500	£1,953	2
2006	£157,475	£1,582	2
2005	£153,225	£1,928	2
2004	£146,000	£130	1
2003	£118,500		1
2002	£92,400	£1,328	3
2001	£69,000	£731	1
2000	£64,450	£744	2
1999	£66,025	£890	7
1998	£59,950	£844	1
1997	£58,038	£698	4
1995	£57,983	£770	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£180,000	£2,118	1
2006	£177,000	£2,082	1
2001	£84,995	£1,000	1
1999	£67,500		1
1995	£81,000		1

All the Sales in the MEREVALE CLOSE, NE37 3LP

See the table below for more details on the sold house prices in the NE37 3LP, Sunderland postcode.

Address	Sold Date	Price	% Change
9 MEREVALE CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1991-1995	15 Nov 2022	£172,000	10.97%
	05 Oct 2020	£155,000	First Sale
4 MEREVALE CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1996-2002	25 Mar 2022	£156,000	23.32%
	31 Oct 2011	£126,500	111.01%
	12 May 1995	£59,950	First Sale
12 MEREVALE CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-1975	11 Mar 2022	£178,000	84.94%
	07 Aug 2002	£96,250	First Sale
17 MEREVALE CLOSESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1996-2002	07 Jan 2022	£185,000	6.94%
	10 Nov 2017	£173,000	37.30%
	21 Apr 2011	£126,000	110.00%
	05 Dec 1997	£60,000	First Sale
3 MEREVALE CLOSESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1991-1995	18 Oct 2021	£156,500	126.98%
	18 Sep 2000	£68,950	18.37%
	07 Mar 1997	£58,250	First Sale
5 MEREVALE CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1996-2002	30 Jun 2021	£163,000	171.89%
	30 Jun 1998	£59,950	First Sale
24 MEREVALE CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1991-1995	04 Jun 2021	£160,000	153.97%
	30 Jul 1999	£63,000	12.50%
	13 Apr 1995	£56,000	First Sale
2 MEREVALE CLOSESemi-Detached, FreeholdArea: 94.4 Sq.mtrAge: 1991-1995	26 Oct 2020	£165,000	26.92%
	22 Oct 2010	£130,000	88.41%
	18 Jul 2001	£69,000	First Sale
18 MEREVALE CLOSESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1996-2002	14 Aug 2020	£180,000	16.13%
	25 Jul 2006	£155,000	First Sale
25 MEREVALE CLOSEDetached, FreeholdArea: 85 Sq.mtrAge: 1991-1995	06 Aug 2018	£180,000	1.69%
	18 Aug 2006	£177,000	108.25%
	11 Oct 2001	£84,995	First Sale
27 MEREVALE CLOSESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1983-1990	11 Aug 2017	£157,000	1.29%
	06 Jun 2007	£155,000	First Sale
29 MEREVALE CLOSESemi-Detached, FreeholdArea: 1122 Sq.mtrAge: 1991-1995	26 May 2017	£159,000	8.90%
	30 Jul 2004	£146,000	First Sale
6 MEREVALE CLOSESemi-Detached, FreeholdArea: 84.08 Sq.mtrAge: 1996-2002	18 Oct 2016	£150,000	0.0
	06 Nov 2009	£150,000	150.21%
	14 Jan 2000	£59,950	5.27%
	07 Apr 1997	£56,950	First Sale
19 MEREVALE CLOSESemi-Detached, Freehold	24 Jun 2009	£160,000	First Sale
1 MEREVALE CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1991-1995	18 Apr 2008	£196,000	157.89%
	30 Jul 1999	£76,000	-1.30%
	19 Feb 1999	£77,000	First Sale
26 MEREVALE CLOSESemi-Detached, Freehold	08 Feb 2008	£166,500	First Sale
23 MEREVALE CLOSESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1930-1949	02 Mar 2007	£158,000	172.41%
	24 Mar 1995	£58,000	First Sale
28 MEREVALE CLOSESemi-Detached, Freehold	01 Dec 2006	£159,950	105.20%
	26 Jul 2002	£77,950	18.20%
	29 Jun 1999	£65,950	First Sale
15 MEREVALE CLOSESemi-Detached, Freehold	28 Oct 2005	£159,950	166.81%
15 MEREVALE CLOSESemi-Detached, Freehold	22 Oct 1999	£59,950	First Sale
7 MEREVALE CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1996-2002	10 Jun 2005	£146,500	142.85%
	10 Dec 1999	£60,325	First Sale
14 MEREVALE CLOSESemi-Detached, Freehold	01 Dec 2003	£118,500	First Sale
10 MEREVALE CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1991-1995	29 Nov 2002	£103,000	71.81%
	17 Dec 1999	£59,950	5.27%
	07 Apr 1997	£56,950	First Sale
20 MEREVALE CLOSEDetached, Freehold	15 Jan 1999	£67,500	-16.67%
20 MEREVALE CLOSEDetached, Freehold	12 Oct 1995	£81,000	First Sale

Check out the sold house prices near the NE37 3LP postcode. Properties currently for saleProperties currently for rent

MEREVALE CLOSE, NE37 3LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE37 3LP 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 NE37 3LP postcode.

Terraced
- The average price is around £86,728 median price is £72,450 Standard Deviation is £35,512 with Total Sold: 14
- The Last 5 Year average price is £147,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 58 MARWELL DRIVE: £160,000 (Sold on 11 Mar 2024)
- The first recorded sale happened at this postcode is , 54 MARWELL DRIVE: £45,950 (Sold on 15 Dec 1995)
Semi-Detached
- The average price is around £107,304 median price is £114,750 Standard Deviation is £45,321 with Total Sold: 300
- The Last 5 Year average price is £163,969 with Total Sold: 36
- The most recent sale happened at this postcode is , 77 MARWELL DRIVE: £165,500 (Sold on 31 Jan 2024)
- The first recorded sale happened at this postcode is , 23 MEREVALE CLOSE: £58,000 (Sold on 24 Mar 1995)
Detached
- The average price is around £161,977 median price is £147,500 Standard Deviation is £96,879 with Total Sold: 152
- The Last 5 Year average price is £266,735 with Total Sold: 17
- The most recent sale happened at this postcode is , 2 MARWELL DRIVE: £496,000 (Sold on 18 Oct 2023)
- The first recorded sale happened at this postcode is , 1 MARWELL DRIVE: £149,000 (Sold on 21 Jun 1995)
Flat
- The average price is around £106,775 median price is £96,750 Standard Deviation is £33,808 with Total Sold: 36
- The Last 5 Year average price is £155,290 with Total Sold: 5
- The most recent sale happened at this postcode is 5, THE PINES : £97,500 (Sold on 11 Mar 2022)
- The first recorded sale happened at this postcode is 7, THE MANOR USWORTH HALL: £81,000 (Sold on 28 Jan 2000)
Other
- The average price is around £2,346,876 median price is £2,462,500 Standard Deviation is £1,112,078 with Total Sold: 8
- The Last 5 Year average price is £1,513,333 with Total Sold: 3
- The most recent sale happened at this postcode is , 10 STEPHENSON ROAD: £3,100,000 (Sold on 07 Jun 2021)
- The first recorded sale happened at this postcode is , UNIT 3A STEPHENSON ROAD: £3,700,000 (Sold on 25 Sep 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,000		1
2021	£135,000	£1,800	1
2016	£125,000	£1,667	1
2005	£124,500	£1,660	1
2004	£90,000		1
2003	£105,000		1
2001	£74,950		1
2000	£63,950	£773	2
1997	£60,000		1
1996	£59,972	£681	2
1995	£45,950	£613	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£176,250	£2,429	2
2022	£173,000	£2,179	11
2021	£165,582	£2,016	11
2020	£164,000	£1,884	5
2019	£143,714	£1,878	7
2018	£137,833	£1,802	3
2017	£150,450	£1,626	10
2016	£147,786	£1,882	7
2015	£134,999	£1,660	10
2014	£124,000	£1,702	5
2013	£145,090	£1,767	5
2012	£133,238	£1,689	4
2011	£130,444	£1,649	9
2010	£139,200	£1,825	5
2009	£153,333	£1,866	3
2008	£181,250	£2,613	2
2007	£163,258	£1,901	13
2006	£152,370	£1,869	10
2005	£152,732	£1,826	10
2004	£134,817	£1,585	12
2003	£115,211	£1,494	14
2002	£85,512	£1,159	13
2001	£67,572	£861	16
2000	£62,810	£764	15
1999	£65,941	£785	14
1998	£61,206	£825	17
1997	£60,130	£746	25
1996	£56,355	£740	22
1995	£58,455	£727	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£405,500	£2,744	2
2022	£316,667	£2,177	3
2021	£230,833	£2,128	6
2020	£295,167	£1,954	3
2019	£167,667	£2,769	3
2018	£269,571	£1,926	7
2017	£201,438	£2,029	8
2016	£217,500	£3,021	1
2015	£227,500	£1,917	4
2014	£177,290	£1,920	5
2011	£196,750	£1,302	2
2010	£295,000		1
2009	£170,000	£1,828	1
2008	£230,000		1
2007	£200,000	£2,088	3
2006	£225,300	£1,835	5
2005	£151,000		2
2004	£188,312	£1,737	4
2003	£244,656	£1,407	8
2002	£153,905	£1,257	11
2001	£99,834	£1,089	10
2000	£119,658	£948	6
1999	£113,663	£804	15
1998	£99,250	£939	11
1997	£75,142	£713	19
1996	£95,200	£945	7
1995	£111,500	£487	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£97,500	£1,850	1
2021	£179,975	£2,329	2
2020	£159,500	£1,639	2
2017	£126,500	£1,471	2
2016	£123,125	£1,817	2
2015	£135,000	£1,588	1
2014	£89,000	£1,689	1
2013	£85,000	£1,703	1
2011	£125,000	£1,471	1
2009	£130,000	£2,500	1
2007	£135,500		1
2005	£131,167	£1,933	3
2004	£94,250		4
2003	£123,000	£1,414	1
2002	£70,583	£1,263	6
2001	£76,539	£971	5
2000	£84,500	£1,029	2

House Type: Other

Year	Avg. Price	Sold
2021	£3,100,000	1
2020	£990,000	1
2019	£450,000	1
2018	£2,525,000	1
2017	£2,400,000	1
2015	£3,103,336	3

House Type in NE37 3LP area

The most common house types in the NE37 3LP postcode area are Semi-detached (80), Detached (40), and Shared house (4).

Total	128
Semi-detached	80
Detached	40
Shared house	4
Terraced	2
Flat	1
converted building	1
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 (80), and Owned: Owns outright (33).

Owned: Owns with a mortgage or loan	80
Owned: Owns outright	33
Private rented: Private landlord or letting agency	11
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE37 3LP have 4 people in household (37), and 2 people in household (35).

4 people in household	37
2 people in household	35
3 people in household	33
1 person in household	17
5 people in household	4
7 people in household	1
8 or more people in household	1
0 people in household	0
6 people in household	0