Housing Market Analysis for HANOVER CLOSE, NE5 1EG

Are you looking to understand NE5 1EG 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 NE5 1EG area, explore the NE5 1EG Area information page.
For comprehensive crime statistics in the NE5 1EG area, explore the NE5 1EG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE5 1EG postcode area, The average prices are as follows,

  • Detached
    • The average price is around £127,150 median price is £165,000 Standard Deviation is £75,700 with Total Sold: 3
    • The most recent sale happened at this postcode is 2 HANOVER CLOSE: £165,000 (Sold on 04 Jul 2014)
    • The first recorded sale happened at this postcode is 2 HANOVER CLOSE: £21,500 (Sold on 30 Jun 1998)
  • Semi-Detached
    • The average price is around £72,500 median price is £72,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 HANOVER CLOSE: £72,500 (Sold on 27 Apr 1999)
    • The first recorded sale happened at this postcode is 10 HANOVER CLOSE: £72,500 (Sold on 27 Apr 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 1EG 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£165,000 £1,720 1
2007£194,950 £2,032 1
1998£21,500 £224 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£72,5001

All the Sales in the HANOVER CLOSE, NE5 1EG

See the table below for more details on the sold house prices in the NE5 1EG, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
2 HANOVER CLOSEDetached, FreeholdArea: 95.94 Sq.mtrAge: 1967-197504 Jul 2014£165,000-15.36%
03 Aug 2007£194,950806.74%
30 Jun 1998£21,500First Sale
10 HANOVER CLOSESemi-Detached, Leasehold27 Apr 1999£72,500First Sale

Check out the sold house prices near the NE5 1EG postcode. Properties currently for saleProperties currently for rent

HANOVER CLOSE, NE5 1EG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE5 1EG 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 NE5 1EG postcode.

  • Semi-Detached
    • The average price is around £132,792 median price is £141,000 Standard Deviation is £51,450 with Total Sold: 1,107
    • The Last 5 Year average price is £178,137 with Total Sold: 232
    • The most recent sale happened at this postcode is , 11 DUNDEE CLOSE: £235,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is , 6 ALNHAM GREEN: £47,000 (Sold on 05 Jan 1995)
  • Terraced
    • The average price is around £126,112 median price is £135,000 Standard Deviation is £53,798 with Total Sold: 832
    • The Last 5 Year average price is £179,201 with Total Sold: 146
    • The most recent sale happened at this postcode is , 58 GROSVENOR COURT: £199,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 7 ELRICK CLOSE: £63,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £90,790 median price is £95,000 Standard Deviation is £39,885 with Total Sold: 131
    • The Last 5 Year average price is £135,280 with Total Sold: 15
    • The most recent sale happened at this postcode is , 22 HILLHEAD PARKWAY: £139,950 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 6 DICKENS WALK: £37,000 (Sold on 17 Mar 1995)
  • Detached
    • The average price is around £201,098 median price is £200,000 Standard Deviation is £84,906 with Total Sold: 295
    • The Last 5 Year average price is £267,149 with Total Sold: 87
    • The most recent sale happened at this postcode is , 8 GLEBE CLOSE: £335,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 106 GROSVENOR WAY: £102,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £376,941 median price is £105,500 Standard Deviation is £1,058,214 with Total Sold: 16
    • The Last 5 Year average price is £96,894 with Total Sold: 8
    • The most recent sale happened at this postcode is , 31 AISGILL DRIVE: £232,000 (Sold on 23 Jun 2023)
    • The first recorded sale happened at this postcode is , 7 SHOPPING CENTRE: £7,400 (Sold on 25 Nov 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£181,917 £2,423 12
2023£193,446 £2,552 27
2022£198,249 £2,576 41
2021£183,743 £2,475 58
2020£165,051 £2,250 46
2019£157,169 £2,211 48
2018£166,439 £2,279 47
2017£168,699 £2,266 36
2016£155,907 £2,222 31
2015£151,167 £2,158 49
2014£147,949 £2,093 52
2013£140,972 £1,908 39
2012£138,091 £1,949 27
2011£136,050 £1,903 29
2010£149,763 £1,974 19
2009£137,170 £1,874 32
2008£158,466 £2,228 16
2007£169,386 £2,171 36
2006£153,890 £1,876 42
2005£149,473 £2,053 35
2004£141,570 £1,737 33
2003£116,489 £1,386 50
2002£97,119 £1,237 42
2001£76,935 £1,024 42
2000£69,333 £795 35
1999£67,117 £857 42
1998£58,996 £754 38
1997£59,071 £742 47
1996£54,540 £775 26
1995£54,014 £704 30
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,429 £2,789 7
2023£188,082 £2,293 22
2022£203,931 £2,376 31
2021£178,747 £2,197 32
2020£164,047 £2,019 31
2019£157,143 £1,995 23
2018£168,729 £2,029 26
2017£166,435 £1,943 30
2016£152,714 £1,988 21
2015£141,566 £1,838 19
2014£153,373 £1,796 25
2013£132,532 £1,731 11
2012£138,142 £1,707 21
2011£138,084 £1,831 28
2010£141,497 £1,767 16
2009£147,842 £1,624 19
2008£162,082 £2,036 17
2007£158,008 £1,955 42
2006£151,003 £1,901 33
2005£149,518 £1,987 34
2004£144,487 £1,720 45
2003£113,102 £1,450 41
2002£86,594 £1,096 31
2001£66,680 £897 33
2000£59,143 £824 33
1999£60,148 £819 31
1998£57,283 £800 29
1997£54,124 £636 31
1996£51,687 £702 46
1995£55,725 £733 24
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,6503
2023£170,000 £2,151 2
2022£108,417 £1,719 3
2021£115,000 £1,885 1
2020£178,000 £1,885 2
2019£93,000 £1,544 4
2018£104,750 £2,058 2
2017£102,000 £1,633 5
2016£100,000 £1,804 3
2015£105,625 £1,800 4
2014£106,000 £1,784 2
2013£106,250 £1,884 2
2012£103,333 £1,616 3
2011£107,333 £1,826 3
2010£99,143 £1,717 7
2009£87,175 £1,492 4
2008£121,980 £2,009 5
2007£120,975 £2,207 4
2006£128,590 £1,984 5
2005£105,075 £1,781 4
2004£112,509 £1,701 11
2003£81,069 £1,267 8
2002£55,725 £999 2
2001£50,775 £877 4
2000£54,292 £764 6
1999£59,231 £862 8
1998£53,062 £821 4
1997£49,575 £663 6
1996£49,094 £612 8
1995£43,875 £638 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£242,500 £1,899 2
2023£245,794 £3,072 8
2022£314,217 £2,786 25
2021£272,792 £2,669 22
2020£223,289 £2,366 19
2019£244,664 £2,384 11
2018£245,039 £2,541 9
2017£222,096 £2,663 13
2016£211,368 £2,443 19
2015£226,056 £2,155 9
2014£219,282 £2,287 14
2013£200,661 £2,036 9
2012£193,400 £2,196 5
2011£199,583 £2,241 6
2010£213,750 £2,194 6
2009£188,600 £2,095 5
2008£225,150 £2,465 3
2007£225,493 £1,845 14
2006£215,788 £1,760 12
2005£159,250 £1,987 4
2004£196,869 £1,704 8
2003£181,000 £1,687 3
2002£138,912 £1,262 12
2001£108,707 £1,110 7
2000£116,250 £849 4
1999£92,550 £701 10
1998£69,205 £686 11
1997£85,490 £673 5
1996£68,500 £668 10
1995£80,400 £647 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£232,000 £3,013 1
2022£2,4001
2020£75,583 £1,243 3
2019£104,667 £1,774 3
2018£144,000 £1,870 1
2017£89,875 £1,539 4
2016£2,372,500 £1,761 2
2013£7,4001

House Type in NE5 1EG area

The most common house types in the NE5 1EG postcode area are Semi-detached (74), Flat (24), and Detached (12).

Total115
Semi-detached74
Flat24
Detached12
commercial building4
Terraced1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Owned: Owns with a mortgage or loan (24).

Owned: Owns outright55
Owned: Owns with a mortgage or loan24
Social rented: Other social rented23
Private rented: Private landlord or letting agency7
Social rented: Rents from council or Local Authority3
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE5 1EG have 1 person in household (48), and 2 people in household (37).

1 person in household48
2 people in household37
3 people in household13
4 people in household12
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0