Housing Market Analysis for GROSVENOR WAY, NE5 1SE

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £187,475 median price is £192,500 Standard Deviation is £73,813 with Total Sold: 10
- The Last 5 Year average price is £254,750 with Total Sold: 4
- The most recent sale happened at this postcode is 24 GROSVENOR WAY: £269,000 (Sold on 22 Sep 2023)
- The first recorded sale happened at this postcode is 16 GROSVENOR WAY: £49,750 (Sold on 31 Jan 1997)
Terraced
- The average price is around £115,000 median price is £107,500 Standard Deviation is £60,930 with Total Sold: 4
- The Last 5 Year average price is £175,000 with Total Sold: 2
- The most recent sale happened at this postcode is 6 GROSVENOR WAY: £160,000 (Sold on 19 Feb 2021)
- The first recorded sale happened at this postcode is 6 GROSVENOR WAY: £55,000 (Sold on 31 Jul 1996)
Detached
- The average price is around £139,090 median price is £120,000 Standard Deviation is £58,818 with Total Sold: 5
- The most recent sale happened at this postcode is 20 GROSVENOR WAY: £160,000 (Sold on 16 Apr 2010)
- The first recorded sale happened at this postcode is 17 GROSVENOR WAY: £74,950 (Sold on 08 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 1SE 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
2023	£237,000	£2,417	2
2020	£272,500	£2,265	2
2016	£207,500	£1,912	2
2009	£119,000		1
2002	£136,000	£1,204	2
1997	£49,750		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£160,000	£1,720	1
2020	£190,000	£2,289	1
1997	£55,000		1
1996	£55,000	£591	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2010	£160,000	£2,319	1
2004	£242,500		1
2000	£120,000		1
1999	£98,000		1
1996	£74,950		1

All the Sales in the GROSVENOR WAY, NE5 1SE

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

Address	Sold Date	Price	% Change
24 GROSVENOR WAYSemi-Detached, LeaseholdArea: 104.2 Sq.mtrAge: 1967-1975	22 Sep 2023	£269,000	116.94%
	03 May 2002	£124,000	First Sale
4 GROSVENOR WAYSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-1966	16 May 2023	£205,000	First Sale
6 GROSVENOR WAYTerraced, FreeholdArea: 93 Sq.mtrAge: 1967-1975	19 Feb 2021	£160,000	190.91%
	31 Jul 1996	£55,000	First Sale
19 GROSVENOR WAYTerraced, LeaseholdArea: 83 Sq.mtrAge: 1967-1975	30 Nov 2020	£190,000	First Sale
2 GROSVENOR WAYSemi-Detached, LeaseholdArea: 117.2 Sq.mtrAge: 1967-1975	24 Aug 2020	£245,000	4.26%
	06 May 2016	£235,000	First Sale
26 GROSVENOR WAYSemi-Detached, LeaseholdArea: 123 Sq.mtrAge: 1967-1975	19 Mar 2020	£300,000	102.70%
	05 Jul 2002	£148,000	First Sale
21 GROSVENOR WAYSemi-Detached, LeaseholdArea: 99 Sq.mtrAge: 1976-1982	18 Oct 2016	£180,000	First Sale
20 GROSVENOR WAYDetached, LeaseholdArea: 69 Sq.mtrAge: 1967-1975	16 Apr 2010	£160,000	First Sale
18 GROSVENOR WAYSemi-Detached, Leasehold	27 Mar 2009	£119,000	First Sale
22 GROSVENOR WAYDetached, Leasehold	09 Jul 2004	£242,500	102.08%
22 GROSVENOR WAYDetached, Leasehold	22 Feb 2000	£120,000	First Sale
25 GROSVENOR WAYDetached, Leasehold	11 Oct 1999	£98,000	First Sale
3 GROSVENOR WAYTerraced, Leasehold	18 Apr 1997	£55,000	First Sale
16 GROSVENOR WAYSemi-Detached, Leasehold	31 Jan 1997	£49,750	First Sale
17 GROSVENOR WAYDetached, Leasehold	08 May 1996	£74,950	First Sale

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

GROSVENOR WAY, NE5 1SE Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £126,800 median price is £132,000 Standard Deviation is £53,291 with Total Sold: 975
- The Last 5 Year average price is £173,099 with Total Sold: 195
- The most recent sale happened at this postcode is , 9 GOODWOOD CLOSE: £177,000 (Sold on 14 Aug 2024)
- The first recorded sale happened at this postcode is , 11 HORWOOD AVENUE: £67,000 (Sold on 17 Jan 1995)
Terraced
- The average price is around £128,382 median price is £130,000 Standard Deviation is £52,684 with Total Sold: 633
- The Last 5 Year average price is £167,842 with Total Sold: 130
- The most recent sale happened at this postcode is , 16 GLENDALE CLOSE: £200,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 76 DOWNEND ROAD: £48,750 (Sold on 19 Jan 1995)
Detached
- The average price is around £209,887 median price is £220,000 Standard Deviation is £77,849 with Total Sold: 392
- The Last 5 Year average price is £277,292 with Total Sold: 86
- The most recent sale happened at this postcode is , 3 WEST MEADOWS: £379,950 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 106 GROSVENOR WAY: £102,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £97,007 median price is £101,500 Standard Deviation is £40,131 with Total Sold: 104
- The Last 5 Year average price is £140,000 with Total Sold: 14
- The most recent sale happened at this postcode is , 32 ESHMERE CRESCENT: £123,000 (Sold on 12 Apr 2024)
- The first recorded sale happened at this postcode is , 46 GREENWAY: £40,000 (Sold on 04 Jul 1995)
Other
- The average price is around £163,870 median price is £146,250 Standard Deviation is £89,010 with Total Sold: 10
- The Last 5 Year average price is £92,240 with Total Sold: 5
- 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 , 57 GROSVENOR WAY: £280,000 (Sold on 15 Dec 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£172,569	£2,071	17
2023	£171,860	£2,340	29
2022	£196,485	£2,553	31
2021	£184,958	£2,527	42
2020	£158,152	£2,061	37
2019	£157,071	£2,068	39
2018	£151,749	£1,938	42
2017	£161,457	£2,146	36
2016	£145,077	£2,115	32
2015	£160,432	£2,127	31
2014	£151,838	£2,038	28
2013	£128,447	£1,804	32
2012	£134,965	£1,716	27
2011	£132,498	£1,827	29
2010	£137,320	£1,784	20
2009	£134,196	£1,846	25
2008	£151,769	£1,921	18
2007	£161,587	£1,995	31
2006	£150,759	£1,730	43
2005	£151,775	£1,827	34
2004	£138,437	£1,667	30
2003	£97,587	£1,180	39
2002	£94,294	£1,157	46
2001	£72,617	£903	41
2000	£66,681	£765	35
1999	£61,047	£729	38
1998	£55,050	£746	43
1997	£56,810	£741	34
1996	£55,284	£788	19
1995	£54,232	£681	27

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£183,333	£2,789	3
2023	£187,629	£2,251	19
2022	£176,441	£2,107	27
2021	£166,634	£2,118	35
2020	£163,882	£1,954	26
2019	£142,374	£1,977	20
2018	£161,831	£2,093	21
2017	£150,382	£1,738	22
2016	£154,056	£1,907	26
2015	£137,083	£1,693	21
2014	£134,282	£1,766	14
2013	£117,321	£1,466	14
2012	£142,053	£1,751	17
2011	£136,158	£1,653	25
2010	£126,407	£1,627	15
2009	£134,700	£1,842	10
2008	£140,243	£1,609	14
2007	£150,377	£1,797	32
2006	£151,544	£1,720	29
2005	£169,637	£1,813	31
2004	£138,455	£1,491	30
2003	£116,294	£1,441	24
2002	£85,403	£1,034	30
2001	£64,514	£862	30
2000	£58,435	£744	23
1999	£61,977	£842	13
1998	£54,686	£647	11
1997	£50,403	£558	15
1996	£50,981	£700	21
1995	£54,773	£632	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£307,488	£2,952	4
2023	£272,747	£3,136	16
2022	£348,600	£2,936	10
2021	£269,208	£2,651	24
2020	£261,500	£2,701	17
2019	£257,383	£2,552	15
2018	£260,211	£2,525	14
2017	£236,867	£2,631	15
2016	£244,467	£2,350	15
2015	£236,000	£2,224	14
2014	£238,711	£2,248	19
2013	£203,086	£1,887	11
2012	£191,417	£2,260	6
2011	£206,550	£2,222	10
2010	£189,429	£1,921	7
2009	£199,889	£1,823	9
2008	£262,727	£2,237	11
2007	£243,529	£2,870	14
2006	£220,755	£2,008	21
2005	£223,283	£2,129	14
2004	£217,171	£1,871	20
2003	£197,433	£1,595	12
2002	£151,000	£1,315	18
2001	£128,414	£1,077	11
2000	£113,656	£934	9
1999	£96,750	£691	12
1998	£114,389	£933	9
1997	£89,145	£834	10
1996	£85,148	£731	12
1995	£86,308	£763	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,500		2
2023	£111,333	£1,926	3
2022	£121,000	£2,095	4
2021	£193,000	£2,573	1
2020	£153,667	£1,812	3
2019	£107,000	£1,783	1
2018	£118,475	£1,999	2
2016	£110,000	£1,901	3
2015	£106,667	£2,019	3
2014	£116,650	£1,748	3
2013	£100,625	£1,756	4
2012	£78,000	£1,511	3
2011	£95,000	£1,770	2
2010	£96,790	£1,611	5
2009	£96,719	£1,601	8
2008	£127,300	£2,053	7
2007	£122,667	£2,365	3
2006	£119,000	£1,676	4
2005	£108,433	£1,770	3
2004	£123,321	£1,762	7
2003	£74,884	£1,216	8
2002	£55,967	£966	3
2001	£47,725		2
2000	£48,725	£761	2
1999	£47,500	£799	4
1998	£42,812	£751	4
1997	£51,883	£682	3
1996	£64,000	£738	4
1995	£50,417	£644	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£127,500		1
2023	£2,700		1
2021	£102,500	£1,602	1
2020	£121,500	£1,960	1
2019	£107,000	£1,814	1
2018	£211,667	£2,687	3
2017	£262,500	£3,201	1
2016	£280,000	£1,761	1

House Type in NE5 1SE area

The most common house types in the NE5 1SE postcode area are Detached (59), Semi-detached (47), and Flat (16).

Total	133
Detached	59
Semi-detached	47
Flat	16
Terraced	8
Shared house	3
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright	68
Owned: Owns with a mortgage or loan	45
Private rented: Private landlord or letting agency	15
Private rented: Other private rented	3
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NE5 1SE have 2 people in household (56), and 1 person in household (31).

2 people in household	56
1 person in household	31
3 people in household	24
4 people in household	20
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