Housing Market Analysis for ELRICK CLOSE, NE5 1HG

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £194,983 median price is £179,950 Standard Deviation is £96,525 with Total Sold: 3
    • The Last 5 Year average price is £320,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 ELRICK CLOSE: £320,000 (Sold on 27 Jan 2023)
    • The first recorded sale happened at this postcode is 17 ELRICK CLOSE: £85,000 (Sold on 30 Mar 1999)
  • Semi-Detached
    • The average price is around £183,042 median price is £181,125 Standard Deviation is £31,272 with Total Sold: 6
    • The Last 5 Year average price is £240,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 ELRICK CLOSE: £240,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is 2 ELRICK CLOSE: £180,000 (Sold on 26 Jan 2007)
  • Terraced
    • The average price is around £106,250 median price is £63,000 Standard Deviation is £66,357 with Total Sold: 3
    • The Last 5 Year average price is £200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 ELRICK CLOSE: £200,000 (Sold on 25 Nov 2021)
    • The first recorded sale happened at this postcode is 7 ELRICK CLOSE: £63,000 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 1HG 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
2023£320,000 £2,602 1
2008£179,9501
1999£85,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£240,000 £2,963 1
2017£182,250 £2,144 1
2015£155,000 £1,824 1
2009£143,000 £1,765 1
2007£189,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£200,000 £2,597 1
1995£59,375 £724 2

All the Sales in the ELRICK CLOSE, NE5 1HG

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

AddressSold DatePrice% Change
1 ELRICK CLOSEDetached, LeaseholdArea: 123 Sq.mtrAge: 1950-196627 Jan 2023£320,000First Sale
11 ELRICK CLOSESemi-Detached, LeaseholdArea: 81 Sq.mtrAge: 1950-196630 Sep 2022£240,00067.83%
30 Jan 2009£143,000First Sale
3 ELRICK CLOSETerraced, LeaseholdArea: 77 Sq.mtrAge: 1967-197525 Nov 2021£200,000258.74%
13 Jan 1995£55,750First Sale
15 ELRICK CLOSESemi-Detached, LeaseholdArea: 85 Sq.mtrAge: 1983-199026 May 2017£182,25017.58%
18 May 2015£155,000First Sale
6 ELRICK CLOSEDetached, Leasehold22 Aug 2008£179,950First Sale
8 ELRICK CLOSESemi-Detached, Leasehold16 Feb 2007£198,000First Sale
2 ELRICK CLOSESemi-Detached, Leasehold26 Jan 2007£180,000First Sale
17 ELRICK CLOSEDetached, Leasehold30 Mar 1999£85,000First Sale
7 ELRICK CLOSETerraced, Leasehold12 Jan 1995£63,000First Sale

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

ELRICK CLOSE, NE5 1HG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £133,877 median price is £142,000 Standard Deviation is £52,840 with Total Sold: 1,199
    • The Last 5 Year average price is £181,149 with Total Sold: 256
    • 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 £122,355 median price is £130,000 Standard Deviation is £53,840 with Total Sold: 889
    • The Last 5 Year average price is £175,396 with Total Sold: 151
    • 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 £91,008 median price is £95,000 Standard Deviation is £37,610 with Total Sold: 162
    • The Last 5 Year average price is £129,826 with Total Sold: 19
    • 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 £203,554 median price is £200,000 Standard Deviation is £84,026 with Total Sold: 291
    • The Last 5 Year average price is £267,896 with Total Sold: 85
    • 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 £402,197 median price is £107,000 Standard Deviation is £1,012,794 with Total Sold: 18
    • The Last 5 Year average price is £198,365 with Total Sold: 10
    • The most recent sale happened at this postcode is , 30 GLENWOOD WALK: £127,500 (Sold on 19 Feb 2024)
    • 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£193,323 £1,935 14
2023£195,158 £2,525 32
2022£206,023 £2,575 49
2021£183,548 £2,446 63
2020£165,487 £2,224 49
2019£156,227 £2,208 49
2018£165,385 £2,250 55
2017£167,272 £2,190 41
2016£152,904 £2,138 30
2015£154,694 £2,129 55
2014£150,431 £2,082 53
2013£139,710 £1,898 40
2012£139,158 £1,942 25
2011£137,763 £1,932 34
2010£144,114 £1,953 22
2009£139,827 £1,859 32
2008£160,770 £2,198 20
2007£168,294 £2,110 43
2006£154,318 £1,881 45
2005£149,932 £2,029 36
2004£141,570 £1,737 33
2003£116,547 £1,385 53
2002£96,237 £1,175 44
2001£75,894 £986 47
2000£69,961 £787 36
1999£67,390 £859 48
1998£58,826 £746 38
1997£58,203 £719 51
1996£53,533 £764 30
1995£53,716 £704 32
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,429 £2,789 7
2023£188,372 £2,357 25
2022£197,816 £2,370 28
2021£179,770 £2,206 33
2020£160,102 £2,058 29
2019£150,941 £2,014 29
2018£166,550 £2,034 24
2017£165,850 £1,938 33
2016£151,125 £1,963 24
2015£139,619 £1,812 21
2014£152,853 £1,845 25
2013£129,168 £1,658 11
2012£135,910 £1,697 23
2011£136,245 £1,850 30
2010£143,143 £1,846 14
2009£145,450 £1,649 20
2008£156,900 £1,852 16
2007£153,171 £1,940 43
2006£150,987 £1,954 35
2005£147,594 £2,036 33
2004£141,217 £1,782 51
2003£113,980 £1,439 43
2002£85,785 £1,110 33
2001£66,590 £891 43
2000£58,232 £822 34
1999£57,928 £827 34
1998£55,138 £802 32
1997£53,535 £649 37
1996£51,324 £724 48
1995£54,318 £726 31
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,6503
2023£135,125 £1,806 4
2022£113,812 £1,831 4
2021£115,000 £1,885 1
2020£178,000 £1,885 2
2019£95,800 £1,592 5
2018£104,750 £2,058 2
2017£102,000 £1,633 5
2016£105,400 £1,827 5
2015£105,625 £1,800 4
2014£106,000 £1,784 2
2013£101,167 £1,761 3
2012£100,750 £1,581 4
2011£101,000 £1,826 4
2010£99,143 £1,717 7
2009£90,650 £1,557 8
2008£122,233 £2,021 6
2007£121,780 £2,207 5
2006£127,136 £1,984 7
2005£105,800 £1,663 6
2004£109,704 £1,701 14
2003£81,868 £1,301 11
2002£55,600 £971 4
2001£50,020 £783 5
2000£54,292 £764 6
1999£59,231 £862 8
1998£53,062 £821 4
1997£47,638 £672 8
1996£48,194 £612 9
1995£43,875 £638 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£242,500 £1,899 2
2023£256,688 £2,846 8
2022£316,476 £2,795 24
2021£271,591 £2,684 21
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£219,119 £2,322 21
2015£226,056 £2,155 9
2014£219,282 £2,287 14
2013£193,041 £1,913 11
2012£190,583 £2,172 6
2011£199,583 £2,241 6
2010£213,750 £2,194 6
2009£189,667 £1,961 6
2008£231,725 £2,465 2
2007£221,992 £1,791 13
2006£214,573 £1,722 13
2005£168,333 £1,987 3
2004£196,869 £1,704 8
2003£172,000 £1,687 4
2002£143,495 £1,262 10
2001£108,707 £1,110 7
2000£110,200 £849 5
1999£93,875 £677 8
1998£66,611 £670 9
1997£87,988 £693 4
1996£68,833 £668 9
1995£80,400 £647 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£127,5001
2023£232,000 £3,013 1
2022£541,700 £13,859 2
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 1HG area

The most common house types in the NE5 1HG postcode area are Semi-detached (77), Flat (37), and Detached (24).

Total153
Semi-detached77
Flat37
Detached24
Terraced14
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Social rented: Rents from council or Local Authority (38).

Owned: Owns outright66
Social rented: Rents from council or Local Authority38
Owned: Owns with a mortgage or loan28
Social rented: Other social rented8
Private rented: Private landlord or letting agency7
Private rented: Other private rented6
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE5 1HG have 1 person in household (63), and 2 people in household (54).

1 person in household63
2 people in household54
3 people in household21
4 people in household10
5 people in household3
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0