Housing Market Analysis for PENN STREET, NE4 7BG

Are you looking to understand NE4 7BG 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 7BG area, explore the NE4 7BG Area information page.
For comprehensive crime statistics in the NE4 7BG area, explore the NE4 7BG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE4 7BG postcode area, The average prices are as follows,

  • Other
    • The average price is around £179,333 median price is £203,000 Standard Deviation is £38,526 with Total Sold: 3
    • The most recent sale happened at this postcode is 57 - 71 PENN STREET: £125,000 (Sold on 26 Jul 2017)
    • The first recorded sale happened at this postcode is 5 AND 20 PENN STREET: £210,000 (Sold on 01 Apr 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE4 7BG 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£125,0001
2015£206,5002

All the Sales in the PENN STREET, NE4 7BG

See the table below for more details on the sold house prices in the NE4 7BG, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
57 - 71 PENN STREETOther, Leasehold26 Jul 2017£125,000First Sale
GREGGS PLC, 1 - 3 PENN STREETOther, Freehold13 Aug 2015£203,000First Sale
5 AND 20 PENN STREETOther, Freehold01 Apr 2015£210,000First Sale

Check out the sold house prices near the NE4 7BG postcode. Properties currently for saleProperties currently for rent

PENN STREET, NE4 7BG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE4 7BG 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 7BG postcode.

  • Flat
    • The average price is around £95,468 median price is £84,500 Standard Deviation is £37,386 with Total Sold: 282
    • The Last 5 Year average price is £97,180 with Total Sold: 64
    • The most recent sale happened at this postcode is FLAT 79, THE CEDARS PARK ROAD: £105,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 27 CAMBRIDGE STREET: £10,000 (Sold on 30 Jan 2002)
  • Terraced
    • The average price is around £65,426 median price is £65,000 Standard Deviation is £48,155 with Total Sold: 55
    • The Last 5 Year average price is £106,350 with Total Sold: 10
    • The most recent sale happened at this postcode is , 20 DOBSON CLOSE: £129,000 (Sold on 05 Apr 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 £623,800 median price is £240,000 Standard Deviation is £965,588 with Total Sold: 16
    • The Last 5 Year average price is £572,917 with Total Sold: 6
    • The most recent sale happened at this postcode is , 30 ELSWICK EAST TERRACE: £850,000 (Sold on 04 Aug 2023)
    • The first recorded sale happened at this postcode is , TYNESIDE HOUSE SKINNERBURN ROAD: £4,100,000 (Sold on 08 Apr 2014)
  • Semi-Detached
    • The average price is around £70,749 median price is £77,500 Standard Deviation is £26,975 with Total Sold: 8
    • The Last 5 Year average price is £90,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1 KYLE CLOSE: £90,000 (Sold on 25 Feb 2020)
    • The first recorded sale happened at this postcode is , 32 HAWTHORN WALK: £10,000 (Sold on 31 Aug 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£111,312 £1,768 8
2023£82,500 £1,733 7
2022£96,633 £1,744 15
2021£93,281 £1,879 16
2020£117,500 £1,897 4
2019£95,679 £1,746 14
2018£95,607 £2,136 14
2017£102,212 £1,744 8
2016£71,156 £1,513 9
2015£88,992 £1,641 13
2014£83,344 £1,582 18
2013£82,740 £1,317 10
2012£55,412 £1,236 12
2011£65,119 £1,117 67
2010£124,999 £1,999 1
2009£127,000 £2,099 1
2008£146,650 £2,268 3
2007£141,316 £2,410 3
2006£143,890 £2,269 5
2005£142,415 £2,312 53
2002£10,000 £189 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£129,0001
2023£140,000 £1,744 2
2022£96,500 £1,261 4
2021£98,500 £1,331 1
2020£95,000 £1,203 1
2019£75,000 £862 1
2018£123,800 £965 5
2016£38,000 £537 1
2015£90,167 £1,065 3
2014£57,000 £373 2
2013£71,333 £817 3
2012£103,0001
2011£102,5002
2008£98,0001
2006£74,000 £910 2
2005£67,100 £874 5
2003£27,000 £297 4
2001£20,000 £213 3
2000£20,750 £242 2
1998£12,750 £266 2
1997£21,340 £101 5
1996£11,250 £71 2
1995£12,8752
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£575,000 £9,126 2
2021£285,0001
2020£662,5002
2019£677,5001
2017£527,5553
2016£23,640 £381 1
2015£167,4005
2014£4,100,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£90,000 £1,139 1
2018£80,0001
2016£95,995 £1,021 1
2014£95,000 £1,301 1
2010£70,000 £858 1
2005£75,000 £949 1
2004£50,000 £613 1
1995£10,0001

House Type in NE4 7BG area

The most common house types in the NE4 7BG postcode area are Flat (70), Terraced (36), and Semi-detached (24).

Total160
Flat70
Terraced36
Semi-detached24
Detached17
converted building7
commercial building4
Shared house2
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 (61), and Private rented: Private landlord or letting agency (39).

Social rented: Rents from council or Local Authority61
Private rented: Private landlord or letting agency39
Social rented: Other social rented22
Owned: Owns with a mortgage or loan21
Owned: Owns outright10
Private rented: Other private rented5
Lives rent free3
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE4 7BG have 1 person in household (71), and 2 people in household (40).

1 person in household71
2 people in household40
3 people in household16
4 people in household14
6 people in household13
5 people in household5
7 people in household3
8 or more people in household1
0 people in household0