Housing Market Analysis for MALAGA CLOSE, NE5 1YB

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

Overview of Sold House prices

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

Detached
- The average price is around £216,803 median price is £222,750 Standard Deviation is £59,633 with Total Sold: 18
- The Last 5 Year average price is £297,000 with Total Sold: 3
- The most recent sale happened at this postcode is 4 MALAGA CLOSE: £280,000 (Sold on 25 May 2023)
- The first recorded sale happened at this postcode is 24 MALAGA CLOSE: £106,000 (Sold on 30 Nov 1995)
Semi-Detached
- The average price is around £182,475 median price is £182,475 Standard Deviation is £62,525 with Total Sold: 2
- The most recent sale happened at this postcode is 10 MALAGA CLOSE: £245,000 (Sold on 20 Oct 2006)
- The first recorded sale happened at this postcode is 12 MALAGA CLOSE: £119,950 (Sold on 19 Dec 2000)
Other
- The average price is around £2,500 median price is £2,500 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £2,500 with Total Sold: 1
- The most recent sale happened at this postcode is 22 MALAGA CLOSE: £2,500 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 22 MALAGA CLOSE: £2,500 (Sold on 06 Oct 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 1YB 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£280,000		1
2021	£315,000	£2,812	1
2020	£296,000	£2,349	1
2017	£245,000	£2,308	1
2016	£259,000	£2,518	2
2011	£230,000	£2,167	1
2009	£205,000	£1,709	2
2008	£285,950	£2,269	1
2006	£217,500	£2,314	1
2003	£207,500	£1,810	2
2002	£153,500	£1,339	2
2001	£147,000		1
2000	£130,000		1
1995	£106,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£245,000		1
2000	£119,950	£1,052	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£2,500		1

All the Sales in the MALAGA CLOSE, NE5 1YB

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

Address	Sold Date	Price	% Change
4 MALAGA CLOSEDetached, Freehold	25 May 2023	£280,000	First Sale
15 MALAGA CLOSEDetached, LeaseholdArea: 112 Sq.mtrAge: 1976-1982	29 Jun 2021	£315,000	13.31%
	26 Feb 2016	£278,000	85.33%
	16 Aug 2002	£150,000	First Sale
16 MALAGA CLOSEDetached, LeaseholdArea: 126 Sq.mtrAge: 1976-1982	28 Sep 2020	£296,000	3.51%
	11 Jan 2008	£285,950	25.42%
	05 Oct 2003	£228,000	First Sale
9 MALAGA CLOSEDetached, LeaseholdArea: 106.15 Sq.mtrAge: 1976-1982	04 May 2017	£245,000	6.52%
	26 Jan 2011	£230,000	First Sale
19 MALAGA CLOSEDetached, LeaseholdArea: 94 Sq.mtrAge: 1967-1975	24 Jun 2016	£240,000	10.34%
	16 Mar 2006	£217,500	First Sale
1 MALAGA CLOSEDetached, LeaseholdArea: 117 Sq.mtrAge: 1967-1975	23 Oct 2009	£200,000	First Sale
25 MALAGA CLOSEDetached, Leasehold	09 Jan 2009	£210,000	First Sale
10 MALAGA CLOSESemi-Detached, Leasehold	20 Oct 2006	£245,000	First Sale
11 MALAGA CLOSEDetached, Leasehold	12 Aug 2003	£187,000	First Sale
8 MALAGA CLOSEDetached, Leasehold	25 Oct 2002	£157,000	First Sale
17 MALAGA CLOSEDetached, Freehold	07 Dec 2001	£147,000	13.08%
17 MALAGA CLOSEDetached, Freehold	10 Nov 2000	£130,000	First Sale
12 MALAGA CLOSESemi-Detached, LeaseholdArea: 114 Sq.mtrAge: 1976-1982	19 Dec 2000	£119,950	First Sale
24 MALAGA CLOSEDetached, Leasehold	30 Nov 1995	£106,000	First Sale
22 MALAGA CLOSEOther, Freehold	06 Oct 2023	£2,500	First Sale

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

MALAGA CLOSE, NE5 1YB Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £141,343 median price is £142,000 Standard Deviation is £71,959 with Total Sold: 403
- The Last 5 Year average price is £200,176 with Total Sold: 62
- 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 , 3 KILLIN CLOSE: £53,000 (Sold on 13 Jan 1995)
Detached
- The average price is around £222,710 median price is £227,500 Standard Deviation is £95,097 with Total Sold: 437
- The Last 5 Year average price is £313,676 with Total Sold: 76
- The most recent sale happened at this postcode is , 39 MANDARIN CLOSE: £298,000 (Sold on 30 Jul 2024)
- The first recorded sale happened at this postcode is , 24 ABBEY DRIVE: £106,000 (Sold on 17 Mar 1995)
Flat
- The average price is around £81,358 median price is £82,250 Standard Deviation is £47,324 with Total Sold: 138
- The Last 5 Year average price is £107,402 with Total Sold: 23
- The most recent sale happened at this postcode is , 10 CLAVERDON STREET: £78,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 68 LADYBANK: £39,000 (Sold on 10 Mar 1995)
Terraced
- The average price is around £126,238 median price is £133,750 Standard Deviation is £58,907 with Total Sold: 360
- The Last 5 Year average price is £189,579 with Total Sold: 61
- The most recent sale happened at this postcode is , 26 LADYBANK: £250,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 18 LOTUS CLOSE: £45,000 (Sold on 10 Mar 1995)
Other
- The average price is around £147,862 median price is £109,500 Standard Deviation is £156,882 with Total Sold: 12
- The Last 5 Year average price is £119,031 with Total Sold: 11
- The most recent sale happened at this postcode is , 22 MALAGA CLOSE: £2,500 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is , 3 FELL HOUSE FARM ROAD: £465,000 (Sold on 28 Sep 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,008	£2,438	6
2023	£220,900	£2,702	10
2022	£211,992	£2,138	6
2021	£191,297	£2,542	15
2020	£189,945	£2,312	10
2019	£193,400	£2,248	15
2018	£178,769	£2,389	13
2017	£175,265	£2,157	13
2016	£159,677	£2,282	11
2015	£204,247	£2,043	16
2014	£152,400	£1,919	10
2013	£193,695	£2,093	10
2012	£148,250	£1,959	10
2011	£164,900	£2,045	10
2010	£212,877	£2,218	13
2009	£182,193	£2,027	14
2008	£156,750	£2,153	6
2007	£171,678	£2,080	9
2006	£172,692	£2,072	18
2005	£163,455	£1,834	11
2004	£173,686	£1,689	18
2003	£127,682	£1,480	19
2002	£102,553	£1,123	16
2001	£82,233	£981	15
2000	£80,007	£908	15
1999	£75,244	£817	16
1998	£62,613	£731	15
1997	£63,962	£607	24
1996	£61,614	£670	21
1995	£56,786	£676	18

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£286,833	£1,250	3
2023	£311,219	£2,977	11
2022	£326,647	£2,931	17
2021	£313,675	£2,520	20
2020	£310,333	£2,724	15
2019	£307,400	£2,786	10
2018	£303,495	£2,664	10
2017	£261,368	£2,472	20
2016	£294,000	£2,522	16
2015	£255,996	£2,601	13
2014	£248,660	£2,359	15
2013	£244,883	£2,145	9
2012	£238,417	£2,357	6
2011	£213,933	£2,222	15
2010	£270,145	£2,245	10
2009	£219,892	£2,009	14
2008	£259,658	£2,325	6
2007	£280,012	£2,238	21
2006	£256,508	£2,107	24
2005	£256,156	£2,161	16
2004	£253,795	£1,734	10
2003	£222,035	£1,687	20
2002	£152,703	£1,207	23
2001	£137,444	£1,172	18
2000	£129,896	£1,024	12
1999	£111,866	£876	20
1998	£107,725	£861	12
1997	£106,783	£852	23
1996	£94,050	£827	14
1995	£94,157	£913	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£91,000	£1,518	5
2023	£108,500	£2,086	4
2022	£123,083	£2,200	3
2021	£117,600	£3,218	5
2020	£103,900	£2,330	5
2019	£104,500	£1,811	1
2018	£147,357	£1,903	7
2017	£98,833	£1,957	6
2016	£71,000	£1,145	1
2015	£82,000	£2,000	1
2014	£113,500	£2,047	2
2013	£94,333	£1,640	3
2012	£102,000	£1,735	2
2011	£100,000	£1,633	2
2010	£107,000	£1,954	2
2009	£92,000	£1,643	1
2007	£108,112	£2,041	4
2006	£116,693	£2,217	7
2005	£103,990	£1,899	5
2004	£154,167	£1,600	6
2003	£78,571	£1,704	7
2002	£49,175	£901	8
2001	£50,612	£987	4
2000	£49,400	£835	9
1999	£41,306	£710	8
1998	£38,636	£987	7
1997	£40,200	£744	12
1996	£34,083	£635	6
1995	£37,440	£562	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,833	£2,377	3
2023	£213,742	£2,637	12
2022	£187,125	£2,426	8
2021	£183,927	£2,193	22
2020	£185,692	£2,221	13
2019	£156,500	£2,140	3
2018	£172,549	£2,131	15
2017	£173,361	£2,471	9
2016	£147,300	£2,285	5
2015	£160,917	£1,779	6
2014	£146,765	£1,800	13
2013	£127,250	£1,847	6
2012	£150,650	£1,733	8
2011	£146,550	£1,750	8
2010	£140,389	£1,858	6
2009	£152,333	£1,762	3
2008	£144,695	£1,994	10
2007	£162,374	£2,059	17
2006	£147,132	£1,929	22
2005	£152,547	£2,038	19
2004	£130,045	£1,520	11
2003	£118,709	£1,516	16
2002	£83,726	£1,027	21
2001	£70,567	£878	20
2000	£63,208	£699	13
1999	£62,432	£695	20
1998	£59,800	£770	8
1997	£55,732	£693	19
1996	£50,993	£603	15
1995	£52,000	£644	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£33,249	£1,638	3
2022	£244,238	£2,455	4
2021	£77,000	£1,907	3
2019	£1,645	£16	1
2017	£465,000	£2,409	1

House Type in NE5 1YB area

The most common house types in the NE5 1YB postcode area are Detached (63), Terraced (43), and Semi-detached (20).

Total	126
Detached	63
Terraced	43
Semi-detached	20
Flat	0
Shared house	0
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 (73), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright	73
Owned: Owns with a mortgage or loan	47
Private rented: Private landlord or letting agency	6
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE5 1YB have 2 people in household (55), and 1 person in household (32).

2 people in household	55
1 person in household	32
3 people in household	26
4 people in household	8
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0