Housing Market Analysis for BURNS CLOSE, NE5 1NY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £199,500 median price is £206,250 Standard Deviation is £84,929 with Total Sold: 4
    • The Last 5 Year average price is £225,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BURNSIDE COTTAGE BURNS CLOSE: £225,000 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is THE BUNGALOW BURNS CLOSE: £74,500 (Sold on 24 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 1NY 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£225,0001
2017£187,5001
2005£311,000 £1,969 1
1995£74,500 £472 1

All the Sales in the BURNS CLOSE, NE5 1NY

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

AddressSold DatePrice% Change
BURNSIDE COTTAGE BURNS CLOSEDetached, Freehold28 Apr 2023£225,00020.00%
06 Jan 2017£187,500First Sale
THE BUNGALOW BURNS CLOSEDetached, FreeholdArea: 157.93 Sq.mtrAge: 1930-194905 Aug 2005£311,000317.45%
24 Nov 1995£74,500First Sale

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

BURNS CLOSE, NE5 1NY Near By properties

Interactive Map

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

  • Detached
    • The average price is around £325,360 median price is £327,450 Standard Deviation is £69,166 with Total Sold: 92
    • The Last 5 Year average price is £329,889 with Total Sold: 89
    • The most recent sale happened at this postcode is , 71 MOONEY CRESCENT: £330,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , THE BUNGALOW BURNS CLOSE: £74,500 (Sold on 24 Nov 1995)
  • Terraced
    • The average price is around £106,720 median price is £122,000 Standard Deviation is £52,120 with Total Sold: 69
    • The Last 5 Year average price is £154,817 with Total Sold: 11
    • The most recent sale happened at this postcode is , 6 MORTON CRESCENT: £150,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 5 SEVERS TERRACE: £36,000 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £208,093 median price is £212,950 Standard Deviation is £37,164 with Total Sold: 31
    • The Last 5 Year average price is £213,230 with Total Sold: 30
    • The most recent sale happened at this postcode is , 1 WATSON ROAD: £208,950 (Sold on 30 Jun 2022)
    • The first recorded sale happened at this postcode is , 18 SEVERS TERRACE: £54,000 (Sold on 01 Sep 2000)
  • Other
    • The average price is around £155,867 median price is £180,000 Standard Deviation is £34,130 with Total Sold: 3
    • The Last 5 Year average price is £143,800 with Total Sold: 2
    • The most recent sale happened at this postcode is , 92 WATSON ROAD: £107,600 (Sold on 10 May 2021)
    • The first recorded sale happened at this postcode is , THE POACHERS COTTAGE ARMSTRONG STREET: £180,000 (Sold on 19 Dec 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£330,0001
2023£370,886 £2,705 9
2022£379,084 £2,680 13
2021£329,310 £2,609 34
2020£300,567 £2,574 31
2019£249,950 £2,577 1
2017£187,5001
2005£311,000 £1,969 1
1995£74,500 £472 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£151,500 £2,147 2
2022£110,0001
2021£177,498 £1,920 4
2020£125,000 £1,453 1
2019£152,500 £1,603 2
2018£143,750 £1,756 4
2016£121,000 £1,376 3
2015£122,000 £1,605 1
2014£117,500 £1,391 2
2013£119,500 £1,732 1
2012£110,000 £1,311 1
2011£160,500 £1,792 1
2010£114,250 £1,526 2
2009£98,500 £1,037 1
2008£155,0001
2007£155,925 £1,904 4
2006£151,681 £1,769 8
2005£152,975 £1,697 2
2004£132,000 £1,294 1
2003£116,000 £1,681 1
2002£55,590 £692 5
2001£58,000 £671 2
2000£45,350 £580 4
1999£42,818 £667 2
1998£47,467 £567 3
1997£26,900 £319 3
1996£39,000 £470 1
1995£35,900 £426 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£207,283 £2,682 6
2021£215,461 £2,481 14
2020£212,976 £2,432 9
2019£219,950 £2,650 1
2000£54,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£107,600 £1,281 1
2020£180,000 £3,158 1
2016£180,0001

House Type in NE5 1NY area

The most common house types in the NE5 1NY postcode area are Terraced (76), Detached (74), and Semi-detached (38).

Total190
Terraced76
Detached74
Semi-detached38
Flat1
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 with a mortgage or loan (89), and Owned: Owns outright (53).

Owned: Owns with a mortgage or loan89
Owned: Owns outright53
Private rented: Private landlord or letting agency33
Social rented: Rents from council or Local Authority6
Shared ownership: Shared ownership4
Social rented: Other social rented2
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE5 1NY have 2 people in household (82), and 1 person in household (57).

2 people in household82
1 person in household57
3 people in household23
4 people in household19
5 people in household8
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0