Housing Market Analysis for WELLESLEY TERRACE, NE4 5NL

Are you looking to understand NE4 5NL 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 NE4 5NL area, explore the NE4 5NL Area information page.
For comprehensive crime statistics in the NE4 5NL area, explore the NE4 5NL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE4 5NL postcode area, The average prices are as follows,

  • Flat
    • The average price is around £60,000 median price is £60,000 Standard Deviation is £0 with Total Sold: 2
    • The Last 5 Year average price is £60,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT B, 7 WELLESLEY TERRACE: £60,000 (Sold on 30 Jun 2022)
    • The first recorded sale happened at this postcode is FLAT A, 7 WELLESLEY TERRACE: £60,000 (Sold on 30 Jun 2022)
  • Semi-Detached
    • The average price is around £189,167 median price is £240,000 Standard Deviation is £71,889 with Total Sold: 3
    • The Last 5 Year average price is £240,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 WELLESLEY TERRACE: £240,000 (Sold on 24 Feb 2021)
    • The first recorded sale happened at this postcode is 7 WELLESLEY TERRACE: £87,500 (Sold on 14 Aug 2002)
  • Terraced
    • The average price is around £133,963 median price is £45,000 Standard Deviation is £213,495 with Total Sold: 15
    • The most recent sale happened at this postcode is 16 WELLESLEY TERRACE: £900,000 (Sold on 28 Nov 2013)
    • The first recorded sale happened at this postcode is 16 WELLESLEY TERRACE: £27,000 (Sold on 29 Jan 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE4 5NL 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
2022£60,000 £1,765 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£240,0001
2005£240,0001
2002£87,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£900,000 £6,268 1
2009£145,000 £1,283 1
2008£210,000 £972 1
2007£172,000 £1,178 1
2006£149,950 £1,327 1
2004£115,000 £1,018 1
2002£38,750 £300 4
2001£35,000 £310 1
2000£32,750 £247 2
1998£31,000 £214 2

All the Sales in the WELLESLEY TERRACE, NE4 5NL

See the table below for more details on the sold house prices in the NE4 5NL, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
FLAT B, 7 WELLESLEY TERRACEFlat, LeaseholdAge: 30 Jun 2022£60,000First Sale
FLAT A, 7 WELLESLEY TERRACEFlat, LeaseholdArea: 34 Sq.mtrAge: 30 Jun 2022£60,000First Sale
7 WELLESLEY TERRACESemi-Detached, FreeholdAge: 24 Feb 2021£240,0000.0
20 Jul 2005£240,000174.29%
14 Aug 2002£87,500First Sale
16 WELLESLEY TERRACETerraced, FreeholdArea: 143.58 Sq.mtrAge: 28 Nov 2013£900,0003813.04%
11 Jan 2002£23,000-16.36%
31 Oct 2000£27,5001.85%
29 Jan 1998£27,000First Sale
12 WELLESLEY TERRACETerraced, FreeholdArea: 113 Sq.mtrAge: 08 Jun 2009£145,000-3.30%
11 Dec 2006£149,95030.39%
19 Mar 2004£115,000228.57%
17 Sep 2001£35,000First Sale
5 WELLESLEY TERRACETerraced, FreeholdArea: 216 Sq.mtrAge: 07 Apr 2008£210,000First Sale
10 WELLESLEY TERRACETerraced, FreeholdArea: 146 Sq.mtrAge: 27 Apr 2007£172,000173.02%
26 Apr 2002£63,00040.00%
08 Jan 2002£45,00018.42%
03 Nov 2000£38,0008.57%
22 May 1998£35,000First Sale
18 WELLESLEY TERRACETerraced, FreeholdAge: 03 Mar 2002£24,000First Sale

Check out the sold house prices near the NE4 5NL postcode. Properties currently for saleProperties currently for rent

WELLESLEY TERRACE, NE4 5NL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE4 5NL 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 NE4 5NL postcode.

  • Terraced
    • The average price is around £93,392 median price is £82,000 Standard Deviation is £68,831 with Total Sold: 1,467
    • The Last 5 Year average price is £161,832 with Total Sold: 195
    • The most recent sale happened at this postcode is , 56 WINGROVE ROAD: £255,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 155 CROYDON ROAD: £22,000 (Sold on 23 Jan 1995)
  • Flat
    • The average price is around £57,122 median price is £60,000 Standard Deviation is £34,448 with Total Sold: 665
    • The Last 5 Year average price is £84,204 with Total Sold: 92
    • The most recent sale happened at this postcode is , 65 GAINSBOROUGH GROVE: £175,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 25 PROSPECT PLACE: £15,500 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £125,875 median price is £120,000 Standard Deviation is £90,331 with Total Sold: 167
    • The Last 5 Year average price is £190,588 with Total Sold: 17
    • The most recent sale happened at this postcode is , 26 WESTERN AVENUE: £200,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 45 GRAINGER PARK ROAD: £60,000 (Sold on 09 Jun 1995)
  • Other
    • The average price is around £287,770 median price is £136,500 Standard Deviation is £444,679 with Total Sold: 63
    • The Last 5 Year average price is £257,498 with Total Sold: 48
    • The most recent sale happened at this postcode is , 6 WINGROVE ROAD: £390,000 (Sold on 20 Oct 2023)
    • The first recorded sale happened at this postcode is , WINGROVE HOUSE WESTGATE ROAD: £1,450,000 (Sold on 07 Feb 2014)
  • Detached
    • The average price is around £153,881 median price is £140,500 Standard Deviation is £101,024 with Total Sold: 13
    • The most recent sale happened at this postcode is , 37 DUNHOLME ROAD: £150,000 (Sold on 13 Nov 2017)
    • The first recorded sale happened at this postcode is , 1 LYNNWOOD AVENUE: £35,000 (Sold on 05 Oct 1998)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£213,150 £1,556 10
2023£170,163 £1,624 41
2022£171,324 £1,468 37
2021£160,358 £1,346 48
2020£147,707 £1,405 31
2019£136,927 £1,211 28
2018£128,138 £1,098 32
2017£128,000 £1,129 29
2016£121,065 £1,088 43
2015£128,378 £1,112 26
2014£125,363 £1,133 35
2013£145,762 £1,251 26
2012£114,053 £1,139 19
2011£117,430 £1,273 25
2010£119,140 £1,079 25
2009£121,512 £1,338 26
2008£142,921 £1,404 34
2007£142,166 £1,272 52
2006£149,138 £1,325 66
2005£125,040 £1,509 71
2004£116,376 £1,030 72
2003£85,485 £826 99
2002£55,137 £509 119
2001£32,440 £295 91
2000£36,818 £357 90
1999£39,897 £339 64
1998£29,869 £254 60
1997£28,672 £237 71
1996£24,995 £241 56
1995£30,535 £281 41
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£137,500 £1,352 2
2023£101,964 £1,626 22
2022£79,020 £1,150 25
2021£76,193 £1,146 14
2020£76,858 £1,096 13
2019£74,200 £1,034 16
2018£81,388 £1,272 17
2017£85,869 £1,013 8
2016£79,853 £1,148 18
2015£63,187 £1,112 15
2014£71,018 £952 20
2013£68,746 £966 14
2012£66,425 £1,014 14
2011£64,111 £1,101 9
2010£66,389 £909 9
2009£64,518 £1,096 11
2008£89,160 £1,269 20
2007£84,657 £1,265 49
2006£74,242 £1,003 37
2005£70,448 £904 44
2004£66,398 £1,292 54
2003£43,313 £570 39
2002£24,221 £488 41
2001£18,345 £251 28
2000£18,162 £237 29
1999£15,747 £256 19
1998£16,153 £186 16
1997£14,197 £256 20
1996£15,380 £204 20
1995£15,989 £225 22
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£177,5002
2023£195,250 £1,573 6
2022£197,000 £1,152 1
2021£207,875 £1,239 4
2020£226,000 £1,180 2
2019£116,500 £1,547 2
2018£151,250 £1,160 4
2017£156,667 £1,022 3
2016£148,583 £1,311 6
2015£157,000 £1,374 3
2014£144,333 £1,322 3
2013£163,100 £1,043 5
2012£177,500 £1,239 2
2011£140,500 £1,183 2
2010£126,000 £1,141 1
2009£98,488 £1,156 4
2008£169,278 £1,505 7
2007£177,286 £1,338 7
2006£153,495 £1,421 11
2005£138,158 £1,272 6
2004£219,632 £1,335 11
2003£115,447 £827 19
2002£73,992 £683 12
2001£75,250 £414 7
2000£46,964 £427 7
1999£50,750 £319 8
1998£145,750 £250 4
1997£38,421 £248 7
1996£30,201 £344 8
1995£47,833 £271 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£273,530 £2,490 10
2022£274,200 £1,858 10
2021£99,477 £1,798 11
2020£84,145 £1,337 10
2019£706,702 £1,928 7
2018£348,250 £1,429 6
2017£222,213 £2,007 5
2016£145,0001
2015£487,000 £1,368 2
2014£1,450,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£150,000 £588 1
2013£298,000 £1,072 1
2012£160,0001
2007£400,000 £1,286 1
2004£180,2502
2003£85,500 £1,163 2
2002£89,4752
1999£60,0001
1998£111,0002

House Type in NE4 5NL area

The most common house types in the NE4 5NL postcode area are Flat (62), Terraced (55), and Shared house (23).

Total162
Flat62
Terraced55
Shared house23
Semi-detached14
Detached6
commercial building2
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 (98), and Social rented: Other social rented (19).

Private rented: Private landlord or letting agency98
Social rented: Other social rented19
Private rented: Other private rented19
Owned: Owns with a mortgage or loan8
Social rented: Rents from council or Local Authority8
Owned: Owns outright7
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE4 5NL have 2 people in household (47), and 1 person in household (34).

2 people in household47
1 person in household34
4 people in household23
7 people in household16
3 people in household15
6 people in household14
5 people in household11
8 or more people in household3
0 people in household0