Housing Market Analysis for ELSTON CLOSE, NE5 1JZ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £123,246 median price is £121,000 Standard Deviation is £48,583 with Total Sold: 14
- The Last 5 Year average price is £156,750 with Total Sold: 4
- The most recent sale happened at this postcode is 35 ELSTON CLOSE: £170,000 (Sold on 16 Dec 2020)
- The first recorded sale happened at this postcode is 4 ELSTON CLOSE: £90,000 (Sold on 04 Dec 1997)
Terraced
- The average price is around £190,000 median price is £190,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 1 ELSTON CLOSE: £190,000 (Sold on 02 Dec 2005)
- The first recorded sale happened at this postcode is 1 ELSTON CLOSE: £190,000 (Sold on 02 Dec 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 1JZ 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£156,750	£2,253	4
2015	£134,500	£2,360	1
2008	£132,000	£2,200	1
2006	£243,000	£1,491	1
2003	£110,000		1
2002	£86,000		2
2001	£105,000		1
1998	£55,975	£950	2
1997	£90,000	£552	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£190,000		1

All the Sales in the ELSTON CLOSE, NE5 1JZ

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

Address	Sold Date	Price	% Change
35 ELSTON CLOSESemi-Detached, LeaseholdArea: 113 Sq.mtrAge: 1950-1966	16 Dec 2020	£170,000	First Sale
19 ELSTON CLOSESemi-Detached, LeaseholdArea: 65 Sq.mtrAge: 1950-1966	25 Nov 2020	£150,000	First Sale
9 ELSTON CLOSESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1983-1990	23 Oct 2020	£147,000	First Sale
17 ELSTON CLOSESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1950-1966	01 Jul 2020	£160,000	21.21%
	05 Dec 2008	£132,000	131.58%
	30 Jul 1998	£57,000	First Sale
15 ELSTON CLOSESemi-Detached, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	10 Jul 2015	£134,500	First Sale
4 ELSTON CLOSESemi-Detached, LeaseholdArea: 163 Sq.mtrAge: 1967-1975	31 Jul 2006	£243,000	170.00%
	04 Dec 1997	£90,000	First Sale
1 ELSTON CLOSETerraced, Freehold	02 Dec 2005	£190,000	First Sale
5 ELSTON CLOSESemi-Detached, Leasehold	17 Oct 2003	£110,000	46.67%
5 ELSTON CLOSESemi-Detached, Leasehold	14 Jun 2002	£75,000	First Sale
21 ELSTON CLOSESemi-Detached, Leasehold	23 Aug 2002	£97,000	First Sale
2 ELSTON CLOSESemi-Detached, Leasehold	31 Jul 2001	£105,000	First Sale
7 ELSTON CLOSESemi-Detached, Freehold	09 Oct 1998	£54,950	First Sale

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

ELSTON CLOSE, NE5 1JZ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £131,885 median price is £140,000 Standard Deviation is £52,843 with Total Sold: 1,165
- The Last 5 Year average price is £179,471 with Total Sold: 249
- The most recent sale happened at this postcode is , 16 ASHDALE CRESCENT: £141,000 (Sold on 21 Aug 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 £119,119 median price is £125,000 Standard Deviation is £53,186 with Total Sold: 846
- The Last 5 Year average price is £171,833 with Total Sold: 132
- The most recent sale happened at this postcode is , 87 CHAPEL HOUSE DRIVE: £205,000 (Sold on 01 Aug 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 £91,715 median price is £95,000 Standard Deviation is £38,931 with Total Sold: 143
- The Last 5 Year average price is £131,761 with Total Sold: 18
- 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 £202,134 median price is £202,000 Standard Deviation is £85,445 with Total Sold: 311
- The Last 5 Year average price is £272,710 with Total Sold: 84
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£192,547	£1,935	10
2023	£192,025	£2,436	26
2022	£202,503	£2,569	52
2021	£183,508	£2,462	65
2020	£165,664	£2,193	48
2019	£153,335	£2,181	48
2018	£165,716	£2,210	49
2017	£162,320	£2,077	40
2016	£152,814	£2,101	22
2015	£152,704	£2,158	50
2014	£149,645	£2,051	44
2013	£139,999	£1,932	42
2012	£139,885	£1,870	31
2011	£136,498	£1,884	33
2010	£144,885	£1,904	26
2009	£140,176	£1,852	31
2008	£161,968	£2,115	19
2007	£166,651	£2,036	44
2006	£156,423	£1,994	41
2005	£148,033	£2,009	32
2004	£142,126	£1,755	31
2003	£111,823	£1,339	51
2002	£97,052	£1,186	39
2001	£77,812	£1,018	52
2000	£70,050	£777	36
1999	£66,131	£827	42
1998	£57,619	£740	37
1997	£57,907	£701	56
1996	£53,984	£788	32
1995	£56,348	£711	36

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£171,786	£2,789	7
2023	£191,102	£2,332	23
2022	£193,320	£2,326	23
2021	£175,945	£2,234	28
2020	£152,977	£2,037	24
2019	£149,622	£1,984	27
2018	£165,748	£2,033	25
2017	£162,668	£1,928	30
2016	£148,860	£1,996	25
2015	£136,786	£1,774	21
2014	£151,601	£1,838	23
2013	£131,785	£1,704	10
2012	£133,140	£1,723	21
2011	£131,912	£1,874	30
2010	£142,733	£1,804	15
2009	£140,526	£1,718	17
2008	£155,027	£1,852	15
2007	£155,542	£1,963	43
2006	£148,850	£1,950	29
2005	£144,833	£1,977	32
2004	£140,236	£1,769	51
2003	£111,771	£1,393	34
2002	£85,113	£1,135	34
2001	£67,360	£885	44
2000	£58,701	£828	35
1999	£55,913	£844	34
1998	£54,530	£760	30
1997	£52,576	£670	37
1996	£50,107	£724	45
1995	£53,543	£726	34

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£173,650		3
2023	£135,125	£1,806	4
2022	£113,812	£1,831	4
2021	£115,000	£1,885	1
2020	£261,000	£2,212	1
2019	£95,800	£1,592	5
2018	£102,500		1
2017	£102,000	£1,633	5
2016	£106,000	£1,788	4
2015	£105,833	£1,690	3
2014	£106,000	£1,784	2
2013	£98,750	£1,623	2
2012	£107,667	£1,581	3
2011	£101,000	£1,826	4
2010	£101,200	£1,671	5
2009	£90,650	£1,557	8
2008	£122,233	£2,021	6
2007	£121,475	£2,049	4
2006	£127,136	£1,984	7
2005	£104,300	£1,598	5
2004	£110,904	£1,705	12
2003	£81,839	£1,287	9
2002	£55,600	£971	4
2001	£50,020	£783	5
2000	£55,450	£766	5
1999	£63,142	£844	6
1998	£58,500		2
1997	£47,638	£672	8
1996	£48,194	£612	9
1995	£43,875	£638	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£335,000		2
2023	£258,357	£2,796	7
2022	£317,217	£2,784	25
2021	£274,234	£2,673	21
2020	£227,853	£2,300	17
2019	£238,858	£2,265	12
2018	£250,035	£2,622	10
2017	£229,981	£2,579	13
2016	£221,674	£2,248	23
2015	£239,214	£2,025	7
2014	£222,684	£2,319	16
2013	£191,218	£2,029	11
2012	£211,390	£2,163	5
2011	£199,583	£2,241	6
2010	£206,954	£2,030	8
2009	£187,600	£2,212	5
2008	£234,483	£2,177	3
2007	£234,718	£1,694	11
2006	£216,130	£1,722	15
2005	£168,333	£1,987	3
2004	£196,869	£1,704	8
2003	£187,062	£1,631	8
2002	£138,905	£1,271	11
2001	£108,707	£1,110	7
2000	£108,081	£876	8
1999	£92,350	£677	10
1998	£67,500	£456	7
1997	£89,390	£675	5
1996	£75,743	£676	14
1995	£78,296	£706	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£127,500		1
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	£7,400		1

House Type in NE5 1JZ area

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

Total	115
Semi-detached	74
Flat	24
Detached	12
commercial building	4
Terraced	1
Shared house	0
converted building	0
temporary structure	0

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 outright	55
Owned: Owns with a mortgage or loan	24
Social rented: Other social rented	23
Private rented: Private landlord or letting agency	7
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

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

1 person in household	48
2 people in household	37
3 people in household	13
4 people in household	12
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0