Housing Market Analysis for SOMERSET PLACE, NE4 6JU

Are you looking to understand NE4 6JU 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 6JU area, explore the NE4 6JU Area information page.
For comprehensive crime statistics in the NE4 6JU area, explore the NE4 6JU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE4 6JU postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £120,000 median price is £120,000 Standard Deviation is £20,000 with Total Sold: 2
    • The Last 5 Year average price is £120,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 SOMERSET PLACE: £140,000 (Sold on 09 Dec 2022)
    • The first recorded sale happened at this postcode is 2 SOMERSET PLACE: £100,000 (Sold on 13 May 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average NE4 6JU 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£140,000 £1,818 1
2019£100,000 £1,299 1

All the Sales in the SOMERSET PLACE, NE4 6JU

See the table below for more details on the sold house prices in the NE4 6JU, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
2 SOMERSET PLACETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-197509 Dec 2022£140,00040.00%
13 May 2019£100,000First Sale

Check out the sold house prices near the NE4 6JU postcode. Properties currently for saleProperties currently for rent

SOMERSET PLACE, NE4 6JU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE4 6JU 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 6JU postcode.

  • Terraced
    • The average price is around £111,145 median price is £88,500 Standard Deviation is £106,513 with Total Sold: 582
    • The Last 5 Year average price is £194,354 with Total Sold: 97
    • The most recent sale happened at this postcode is , 11 LANCASTER STREET: £275,000 (Sold on 27 Jun 2024)
    • The first recorded sale happened at this postcode is , 28 KIRKDALE GREEN: £19,750 (Sold on 09 Jan 1995)
  • Other
    • The average price is around £366,228 median price is £190,000 Standard Deviation is £558,988 with Total Sold: 61
    • The Last 5 Year average price is £380,159 with Total Sold: 42
    • The most recent sale happened at this postcode is , 29B DIANA STREET: £340,000 (Sold on 13 Oct 2023)
    • The first recorded sale happened at this postcode is , 302 WESTGATE ROAD: £95,000 (Sold on 04 Apr 2014)
  • Flat
    • The average price is around £67,640 median price is £60,000 Standard Deviation is £51,758 with Total Sold: 309
    • The Last 5 Year average price is £90,550 with Total Sold: 50
    • The most recent sale happened at this postcode is , 12 HOUSTON STREET: £117,000 (Sold on 18 Aug 2023)
    • 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 £113,835 median price is £80,000 Standard Deviation is £94,347 with Total Sold: 39
    • The Last 5 Year average price is £143,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 8 DILSTON ROAD: £197,000 (Sold on 11 Feb 2022)
    • The first recorded sale happened at this postcode is , 32 HAWTHORN WALK: £10,000 (Sold on 31 Aug 1995)
  • Detached
    • The average price is around £126,719 median price is £114,375 Standard Deviation is £88,974 with Total Sold: 8
    • The most recent sale happened at this postcode is , COACH HOUSE SUMMERHILL GROVE: £296,000 (Sold on 28 Aug 2014)
    • The first recorded sale happened at this postcode is , 300A WESTGATE ROAD: £28,000 (Sold on 05 Oct 1998)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£199,714 £1,624 7
2023£193,902 £1,601 20
2022£190,205 £1,566 22
2021£197,395 £1,449 19
2020£126,346 £1,179 13
2019£249,927 £1,383 16
2018£147,628 £1,224 20
2017£141,931 £1,246 13
2016£156,146 £1,254 24
2015£162,175 £1,332 14
2014£134,472 £1,062 18
2013£109,362 £933 16
2012£175,000 £1,082 13
2011£99,983 £1,042 12
2010£104,700 £1,250 10
2009£95,408 £1,069 6
2008£134,819 £1,586 16
2007£170,750 £1,450 29
2006£182,568 £1,452 21
2005£101,359 £1,908 29
2004£83,820 £732 22
2003£72,212 £917 36
2002£63,608 £597 30
2001£37,999 £277 27
2000£40,724 £308 31
1999£31,470 £247 20
1998£31,387 £194 20
1997£35,384 £204 22
1996£30,432 £163 21
1995£37,117 £280 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£272,767 £4,417 10
2022£407,100 £2,320 10
2021£202,900 £1,558 5
2020£766,000 £1,636 8
2019£225,056 £2,801 9
2018£140,014 £1,523 7
2017£681,503 £1,290 7
2016£112,547 £381 3
2015£190,0001
2014£95,000 £1,721 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£109,812 £1,872 16
2022£99,227 £1,633 11
2021£74,154 £1,334 13
2020£72,000 £1,009 5
2019£71,000 £1,031 5
2018£53,943 £1,437 7
2017£149,995 £1,784 17
2016£66,779 £1,058 12
2015£52,194 £1,184 9
2014£61,458 £932 6
2013£57,700 £1,079 10
2012£61,500 £908 7
2011£54,333 £898 3
2010£98,317 £1,386 3
2009£56,707 £1,040 7
2008£99,500 £1,614 6
2007£68,463 £1,094 15
2006£90,043 £1,331 15
2005£77,174 £1,176 17
2004£65,328 £942 17
2003£55,204 £849 18
2002£63,211 £1,196 42
2001£29,277 £383 9
2000£20,136 £252 11
1999£11,800 £260 5
1998£14,786 £176 6
1997£22,143 £522 7
1996£6,900 £87 3
1995£12,786 £180 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£197,000 £1,152 1
2020£90,000 £1,139 1
2018£153,175 £2,003 2
2016£121,332 £928 3
2015£221,250 £1,048 2
2012£195,000 £1,219 1
2011£135,000 £844 1
2007£204,667 £1,031 3
2006£265,000 £1,136 2
2005£58,250 £866 2
2004£124,000 £1,184 5
2003£152,000 £1,551 1
2002£52,333 £622 3
2001£48,000 £186 2
2000£15,0001
1999£69,125 £377 4
1998£31,000 £332 3
1996£29,7091
1995£10,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£296,0001
2009£80,0001
2004£220,0001
2003£99,5002
2002£148,7501
1999£42,0001
1998£28,0001

House Type in NE4 6JU area

The most common house types in the NE4 6JU postcode area are Flat (68), Terraced (38), and Semi-detached (18).

Total134
Flat68
Terraced38
Semi-detached18
Detached8
Shared house1
commercial building1
converted 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 (106), and Social rented: Other social rented (10).

Social rented: Rents from council or Local Authority106
Social rented: Other social rented10
Owned: Owns with a mortgage or loan6
Owned: Owns outright5
Private rented: Private landlord or letting agency4
Private rented: Other private rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE4 6JU have 1 person in household (56), and 2 people in household (33).

1 person in household56
2 people in household33
4 people in household16
3 people in household14
5 people in household10
6 people in household4
7 people in household1
8 or more people in household1
0 people in household0