Housing Market Analysis for ELGAR AVENUE, NE5 1HZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £163,500 median price is £170,500 Standard Deviation is £66,357 with Total Sold: 7
    • The Last 5 Year average price is £210,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 ELGAR AVENUE: £262,000 (Sold on 26 Feb 2018)
    • The first recorded sale happened at this postcode is 15 ELGAR AVENUE: £210,000 (Sold on 08 Jan 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 1HZ 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
2018£262,000 £2,339 1
2017£205,000 £2,412 1
2013£155,000 £2,058 1
2007£170,5001
1999£70,000 £833 1
1995£72,0001
2024£210,000 £2,789 1

All the Sales in the ELGAR AVENUE, NE5 1HZ

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

AddressSold DatePrice% Change
1 ELGAR AVENUETerraced, LeaseholdArea: 112 Sq.mtrAge: 1967-197526 Feb 2018£262,000First Sale
17 ELGAR AVENUETerraced, LeaseholdArea: 85 Sq.mtrAge: 1967-197502 Nov 2017£205,000First Sale
15 ELGAR AVENUETerraced, LeaseholdArea: 75.3 Sq.mtrAge: 1950-196608 Nov 2013£155,000-26.19%
08 Jan 2024£210,000First Sale
5 ELGAR AVENUETerraced, Leasehold04 May 2007£170,500First Sale
9 ELGAR AVENUETerraced, LeaseholdArea: 84 Sq.mtrAge: 1950-196608 Nov 1999£70,000First Sale
10 ELGAR AVENUETerraced, Leasehold26 Oct 1995£72,000First Sale

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

ELGAR AVENUE, NE5 1HZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £133,952 median price is £142,000 Standard Deviation is £53,702 with Total Sold: 1,222
    • The Last 5 Year average price is £182,508 with Total Sold: 265
    • 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 £122,604 median price is £130,000 Standard Deviation is £53,994 with Total Sold: 915
    • The Last 5 Year average price is £175,502 with Total Sold: 156
    • 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 £91,004 median price is £95,000 Standard Deviation is £37,480 with Total Sold: 168
    • The Last 5 Year average price is £129,271 with Total Sold: 21
    • 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 £202,328 median price is £200,000 Standard Deviation is £82,659 with Total Sold: 311
    • The Last 5 Year average price is £269,181 with Total Sold: 86
    • 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 £386,424 median price is £107,000 Standard Deviation is £988,050 with Total Sold: 19
    • The Last 5 Year average price is £189,650 with Total Sold: 11
    • 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£194,207 £2,187 17
2023£196,033 £2,519 33
2022£204,983 £2,564 50
2021£183,230 £2,442 63
2020£170,157 £2,210 50
2019£159,492 £2,205 52
2018£164,654 £2,262 56
2017£166,057 £2,165 37
2016£156,137 £2,136 30
2015£156,389 £2,129 57
2014£149,477 £2,087 49
2013£140,156 £1,891 41
2012£141,831 £1,954 24
2011£138,399 £1,951 35
2010£146,457 £1,950 23
2009£135,280 £1,785 32
2008£162,018 £2,158 20
2007£169,053 £2,120 43
2006£157,196 £1,860 45
2005£150,447 £2,026 37
2004£141,891 £1,731 34
2003£116,712 £1,385 52
2002£96,999 £1,123 46
2001£76,588 £969 51
2000£70,726 £789 38
1999£67,569 £875 47
1998£58,525 £756 42
1997£58,359 £732 53
1996£54,483 £764 33
1995£53,810 £694 32
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,429 £2,789 7
2023£190,046 £2,367 28
2022£198,495 £2,376 28
2021£179,247 £2,193 36
2020£160,901 £2,115 31
2019£145,165 £2,018 26
2018£168,946 £2,031 23
2017£164,324 £1,946 31
2016£148,955 £1,962 22
2015£141,728 £1,796 23
2014£154,031 £1,799 26
2013£129,168 £1,658 11
2012£136,796 £1,707 25
2011£136,978 £1,851 29
2010£148,733 £1,879 15
2009£143,842 £1,716 19
2008£155,020 £1,835 20
2007£156,292 £1,943 49
2006£152,869 £1,989 34
2005£147,519 £1,998 32
2004£142,067 £1,749 53
2003£114,643 £1,436 43
2002£87,567 £1,126 35
2001£66,684 £888 44
2000£58,025 £817 35
1999£58,182 £843 36
1998£55,497 £798 33
1997£53,726 £648 40
1996£51,565 £725 50
1995£54,421 £707 31
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,6503
2023£132,500 £1,881 5
2022£116,250 £1,885 5
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£121,907 £2,046 7
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£81,712 £1,314 12
2002£55,870 £983 5
2001£48,433 £783 6
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£269,587 £2,695 22
2020£229,083 £2,330 18
2019£246,771 £2,537 12
2018£241,035 £2,607 10
2017£225,812 £2,630 12
2016£219,119 £2,322 21
2015£226,056 £2,155 9
2014£219,879 £2,298 17
2013£189,454 £1,945 12
2012£190,583 £2,172 6
2011£196,071 £2,294 7
2010£206,071 £2,211 7
2009£188,286 £1,982 7
2008£231,725 £2,465 2
2007£225,493 £1,845 14
2006£212,297 £1,755 15
2005£168,333 £1,987 3
2004£200,345 £1,666 10
2003£170,800 £1,737 5
2002£141,662 £1,345 12
2001£108,707 £1,110 7
2000£108,143 £849 7
1999£94,450 £701 10
1998£68,781 £650 8
1997£87,988 £693 4
1996£69,445 £668 10
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
2021£102,500 £1,602 1
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 1HZ area

The most common house types in the NE5 1HZ 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 1HZ 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