Housing Market Analysis for GREYSTEAD CLOSE, NE5 1SR

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

Overview of Sold House prices

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

Terraced
- The average price is around £168,586 median price is £185,000 Standard Deviation is £49,723 with Total Sold: 11
- The Last 5 Year average price is £215,000 with Total Sold: 3
- The most recent sale happened at this postcode is 17 GREYSTEAD CLOSE: £195,000 (Sold on 27 Mar 2023)
- The first recorded sale happened at this postcode is 27 GREYSTEAD CLOSE: £69,500 (Sold on 23 Apr 1999)
Semi-Detached
- The average price is around £131,280 median price is £172,000 Standard Deviation is £61,874 with Total Sold: 14
- The Last 5 Year average price is £184,000 with Total Sold: 2
- The most recent sale happened at this postcode is 11 GREYSTEAD CLOSE: £190,000 (Sold on 21 Aug 2020)
- The first recorded sale happened at this postcode is 21 GREYSTEAD CLOSE: £64,000 (Sold on 25 Apr 1997)
Detached
- The average price is around £211,500 median price is £211,500 Standard Deviation is £1,500 with Total Sold: 2
- The most recent sale happened at this postcode is 8 GREYSTEAD CLOSE: £213,000 (Sold on 12 Feb 2014)
- The first recorded sale happened at this postcode is 8 GREYSTEAD CLOSE: £210,000 (Sold on 27 Oct 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 1SR 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£210,000	£2,376	2
2022	£225,000	£2,616	1
2017	£190,000	£2,184	1
2012	£150,000	£1,674	1
2010	£227,000	£2,213	1
2009	£154,000	£1,791	1
2007	£185,000		1
2002	£116,975	£1,483	2
1999	£69,500		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£190,000	£1,979	1
2019	£178,000	£1,874	1
2015	£205,000	£2,071	1
2011	£172,000	£2,048	1
2009	£23,000	£274	1
2008	£179,950	£1,874	1
2007	£189,950	£2,261	1
2006	£173,500	£1,768	2
2002	£43,022	£448	1
2001	£82,000	£838	3
1997	£64,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£213,000	£2,076	1
2006	£210,000	£2,047	1

All the Sales in the GREYSTEAD CLOSE, NE5 1SR

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

Address	Sold Date	Price	% Change
17 GREYSTEAD CLOSETerraced, LeaseholdArea: 90 Sq.mtrAge: 1967-1975	27 Mar 2023	£195,000	First Sale
2 GREYSTEAD CLOSETerraced, LeaseholdArea: 87 Sq.mtrAge: 1967-1975	19 Jan 2023	£225,000	18.42%
	01 Dec 2017	£190,000	47.29%
	04 Oct 2002	£129,000	First Sale
9 GREYSTEAD CLOSETerraced, LeaseholdArea: 86 Sq.mtrAge: 1976-1982	07 Mar 2022	£225,000	46.10%
	07 Aug 2009	£154,000	First Sale
11 GREYSTEAD CLOSESemi-Detached, LeaseholdArea: 96 Sq.mtrAge: 1950-1966	21 Aug 2020	£190,000	5.58%
	14 Nov 2008	£179,950	318.27%
	02 Dec 2002	£43,022	-52.20%
	10 Aug 2001	£90,000	First Sale
22 GREYSTEAD CLOSESemi-Detached, LeaseholdArea: 95 Sq.mtrAge: 1967-1975	30 May 2019	£178,000	First Sale
15 GREYSTEAD CLOSESemi-Detached, LeaseholdArea: 99 Sq.mtrAge: 1967-1975	15 Jun 2015	£205,000	17.14%
	07 Jul 2006	£175,000	108.33%
	24 Jul 2001	£84,000	16.67%
	15 Mar 2001	£72,000	First Sale
8 GREYSTEAD CLOSEDetached, LeaseholdArea: 102.58 Sq.mtrAge: 1967-1975	12 Feb 2014	£213,000	-6.17%
	20 Aug 2010	£227,000	8.10%
	27 Oct 2006	£210,000	First Sale
25 GREYSTEAD CLOSETerraced, LeaseholdArea: 89.6 Sq.mtrAge: 1967-1975	22 Mar 2012	£150,000	First Sale
12 GREYSTEAD CLOSESemi-Detached, LeaseholdArea: 84 Sq.mtrAge: 1967-1975	02 Jun 2011	£172,000	647.83%
	01 Dec 2009	£23,000	-87.89%
	25 May 2007	£189,950	First Sale
5 GREYSTEAD CLOSETerraced, Freehold	31 Aug 2007	£185,000	First Sale
1 GREYSTEAD CLOSESemi-Detached, Leasehold	26 May 2006	£172,000	First Sale
27 GREYSTEAD CLOSETerraced, Leasehold	05 Jul 2002	£104,950	51.01%
27 GREYSTEAD CLOSETerraced, Leasehold	23 Apr 1999	£69,500	First Sale
21 GREYSTEAD CLOSESemi-Detached, Leasehold	25 Apr 1997	£64,000	First Sale

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

GREYSTEAD CLOSE, NE5 1SR Near By properties

Interactive Map

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

Terraced
- The average price is around £127,511 median price is £130,000 Standard Deviation is £53,537 with Total Sold: 703
- The Last 5 Year average price is £167,713 with Total Sold: 136
- 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 , 18 DALTON PLACE: £58,350 (Sold on 13 Jan 1995)
Semi-Detached
- The average price is around £135,386 median price is £142,500 Standard Deviation is £56,277 with Total Sold: 875
- The Last 5 Year average price is £185,949 with Total Sold: 186
- The most recent sale happened at this postcode is , 13 GLENWOOD WALK: £211,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 3 KILLIN CLOSE: £53,000 (Sold on 13 Jan 1995)
Detached
- The average price is around £213,016 median price is £220,000 Standard Deviation is £82,244 with Total Sold: 491
- The Last 5 Year average price is £285,946 with Total Sold: 124
- The most recent sale happened at this postcode is , 47 WEST MEADOWS: £255,000 (Sold on 22 Jul 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 £97,663 median price is £105,000 Standard Deviation is £39,361 with Total Sold: 115
- The Last 5 Year average price is £134,421 with Total Sold: 19
- 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 £159,773 median price is £127,500 Standard Deviation is £85,456 with Total Sold: 11
- The Last 5 Year average price is £96,666 with Total Sold: 6
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£182,300	£2,988	5
2023	£185,470	£2,327	20
2022	£176,496	£2,093	26
2021	£167,181	£2,121	37
2020	£162,964	£1,942	29
2019	£141,446	£1,970	19
2018	£159,672	£2,060	20
2017	£156,437	£1,916	26
2016	£154,078	£1,900	25
2015	£141,531	£1,689	24
2014	£136,997	£1,796	17
2013	£115,786	£1,466	14
2012	£145,468	£1,737	19
2011	£137,977	£1,625	24
2010	£122,123	£1,531	13
2009	£141,688	£1,896	8
2008	£140,744	£1,727	18
2007	£158,104	£1,799	38
2006	£147,554	£1,693	33
2005	£171,877	£1,895	37
2004	£142,085	£1,449	31
2003	£119,260	£1,445	25
2002	£86,729	£1,031	31
2001	£67,581	£840	35
2000	£59,907	£733	29
1999	£66,038	£818	21
1998	£56,359	£712	16
1997	£52,397	£588	19
1996	£51,879	£677	24
1995	£54,922	£650	20

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,345	£2,254	16
2023	£197,875	£2,612	24
2022	£212,683	£2,492	24
2021	£182,234	£2,583	48
2020	£179,365	£2,318	38
2019	£174,568	£2,295	36
2018	£160,891	£2,196	37
2017	£170,711	£2,237	35
2016	£157,485	£2,298	24
2015	£165,278	£2,157	34
2014	£160,102	£2,111	24
2013	£146,474	£2,064	25
2012	£141,002	£1,781	23
2011	£140,056	£1,972	26
2010	£150,526	£2,067	17
2009	£137,039	£1,872	23
2008	£162,093	£1,973	15
2007	£171,941	£2,149	22
2006	£159,318	£1,852	38
2005	£157,138	£1,957	35
2004	£144,994	£1,666	26
2003	£115,172	£1,338	28
2002	£98,411	£1,162	39
2001	£76,907	£929	35
2000	£70,529	£794	29
1999	£65,732	£778	36
1998	£55,270	£749	34
1997	£59,262	£760	38
1996	£57,365	£728	23
1995	£56,315	£736	23

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£309,988		4
2023	£283,676	£3,172	20
2022	£350,250	£2,993	12
2021	£281,016	£2,611	31
2020	£282,386	£2,674	34
2019	£262,097	£2,629	23
2018	£255,497	£2,470	16
2017	£236,647	£2,651	17
2016	£242,925	£2,426	20
2015	£230,833	£2,143	18
2014	£232,846	£2,242	23
2013	£204,246	£1,967	12
2012	£203,700	£2,290	5
2011	£206,708	£2,331	12
2010	£193,095	£2,136	10
2009	£191,416	£1,938	12
2008	£255,083	£2,292	12
2007	£260,171	£2,603	17
2006	£223,671	£1,909	24
2005	£221,435	£2,044	16
2004	£215,837	£1,871	22
2003	£198,564	£1,553	11
2002	£148,773	£1,228	22
2001	£127,504	£1,097	12
2000	£119,992	£947	12
1999	£98,375	£753	17
1998	£105,708	£939	13
1997	£91,197	£808	15
1996	£84,851	£811	15
1995	£87,000	£888	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,500		2
2023	£111,333	£1,926	3
2022	£122,800	£2,113	5
2021	£136,750	£2,123	4
2020	£142,750	£1,726	4
2019	£107,000	£1,783	1
2018	£116,238	£1,866	4
2016	£110,000	£1,901	3
2015	£106,667	£2,019	3
2014	£116,238	£1,838	4
2013	£100,625	£1,756	4
2012	£86,500	£1,511	2
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	£120,190	£1,934	5
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	£51,983	£768	3
1999	£47,000	£797	5
1998	£42,812	£751	4
1997	£48,412	£677	4
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
2021	£54,250	£1,602	2
2020	£121,500	£1,960	1
2019	£111,250	£1,647	2
2018	£211,667	£2,687	3
2017	£262,500	£3,201	1
2016	£280,000	£1,761	1

House Type in NE5 1SR area

The most common house types in the NE5 1SR postcode area are Semi-detached (88), Detached (20), and Flat (11).

Total	124
Semi-detached	88
Detached	20
Flat	11
Shared house	3
Terraced	2
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 (63), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright	63
Owned: Owns with a mortgage or loan	51
Private rented: Private landlord or letting agency	10
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE5 1SR have 2 people in household (50), and 1 person in household (36).

2 people in household	50
1 person in household	36
4 people in household	20
3 people in household	14
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0