Housing Market Analysis for COLWELL PLACE, NE5 2EE

Are you looking to understand NE5 2EE 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 2EE area, explore the NE5 2EE Area information page.
For comprehensive crime statistics in the NE5 2EE area, explore the NE5 2EE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE5 2EE postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £117,357 median price is £138,000 Standard Deviation is £45,016 with Total Sold: 7
    • The most recent sale happened at this postcode is 6 COLWELL PLACE: £164,000 (Sold on 08 Sep 2017)
    • The first recorded sale happened at this postcode is 6 COLWELL PLACE: £48,000 (Sold on 27 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 2EE 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£164,000 £1,907 1
2015£107,500 £1,120 1
2011£139,000 £1,252 1
2007£168,000 £1,888 1
2004£138,000 £1,551 1
2001£57,0001
1995£48,000 £539 1

All the Sales in the COLWELL PLACE, NE5 2EE

See the table below for more details on the sold house prices in the NE5 2EE, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
6 COLWELL PLACESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-196608 Sep 2017£164,000-2.38%
14 Sep 2007£168,00021.74%
12 Nov 2004£138,000187.50%
27 Sep 1995£48,000First Sale
3 COLWELL PLACESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1930-194913 Apr 2015£107,500First Sale
5 COLWELL PLACESemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1930-194916 Dec 2011£139,000First Sale
8 COLWELL PLACESemi-Detached, Freehold21 Sep 2001£57,000First Sale

Check out the sold house prices near the NE5 2EE postcode. Properties currently for saleProperties currently for rent

COLWELL PLACE, NE5 2EE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE5 2EE 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 2EE postcode.

  • Flat
    • The average price is around £72,127 median price is £81,250 Standard Deviation is £35,027 with Total Sold: 228
    • The Last 5 Year average price is £96,314 with Total Sold: 36
    • The most recent sale happened at this postcode is , 436 WEST ROAD: £60,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 30 OVINGTON GROVE: £32,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £117,906 median price is £119,975 Standard Deviation is £62,232 with Total Sold: 1,150
    • The Last 5 Year average price is £173,714 with Total Sold: 200
    • The most recent sale happened at this postcode is , 65 EARLS DRIVE: £158,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 79 LANERCOST DRIVE: £42,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £113,432 median price is £115,000 Standard Deviation is £54,045 with Total Sold: 754
    • The Last 5 Year average price is £163,247 with Total Sold: 121
    • The most recent sale happened at this postcode is , 2 STOCKSFIELD AVENUE: £220,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 30 KINNAIRD AVENUE: £41,000 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £163,105 median price is £159,998 Standard Deviation is £74,479 with Total Sold: 148
    • The Last 5 Year average price is £237,508 with Total Sold: 24
    • The most recent sale happened at this postcode is , 12 BRENNAN CLOSE: £330,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is , 12 BRENNAN CLOSE: £94,995 (Sold on 24 Feb 1995)
  • Other
    • The average price is around £240,936 median price is £105,000 Standard Deviation is £413,370 with Total Sold: 19
    • The Last 5 Year average price is £310,420 with Total Sold: 12
    • The most recent sale happened at this postcode is , 364 WEST ROAD: £260,000 (Sold on 20 Mar 2024)
    • The first recorded sale happened at this postcode is GROUND AND BASEMENT PREMISES, 379 WEST ROAD: £250,000 (Sold on 18 Mar 2016)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£134,571 £1,937 7
2023£86,600 £1,419 5
2022£91,200 £1,369 10
2021£87,688 £1,460 8
2020£72,900 £1,074 2
2019£83,250 £1,236 4
2018£76,179 £1,434 7
2017£88,750 £1,501 2
2016£87,700 £1,270 5
2015£74,833 £1,028 3
2014£77,786 £1,298 7
2013£77,500 £1,291 1
2012£93,250 £1,771 2
2011£92,000 £1,311 7
2010£90,150 £1,601 3
2009£92,500 £1,511 2
2008£95,860 £1,621 10
2007£100,545 £1,800 10
2006£104,139 £1,819 14
2005£86,958 £1,578 13
2004£91,322 £2,106 9
2003£82,294 £1,517 25
2002£43,771 £688 7
2001£35,480 £624 15
2000£31,500 £456 3
1999£29,533 £505 12
1998£29,900 £478 8
1997£25,772 £442 9
1996£25,667 £415 6
1995£29,304 £457 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,304 £1,597 18
2023£199,556 £2,081 31
2022£185,606 £1,794 34
2021£169,739 £1,788 55
2020£161,856 £1,735 25
2019£151,851 £1,669 37
2018£145,679 £1,548 43
2017£165,800 £1,607 38
2016£152,928 £1,529 29
2015£146,691 £1,429 51
2014£139,074 £1,481 35
2013£130,037 £1,416 40
2012£132,642 £1,427 33
2011£131,182 £1,305 19
2010£135,090 £1,412 21
2009£127,819 £1,276 18
2008£164,123 £1,502 24
2007£134,587 £1,582 52
2006£143,363 £1,673 55
2005£150,335 £1,553 34
2004£126,639 £1,453 37
2003£114,296 £1,170 44
2002£77,255 £855 49
2001£64,459 £630 53
2000£54,216 £536 38
1999£52,543 £559 55
1998£48,005 £529 53
1997£45,917 £445 56
1996£45,940 £460 31
1995£46,459 £492 42
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£177,6179
2023£176,465 £1,960 27
2022£173,760 £1,994 20
2021£179,109 £1,873 23
2020£140,435 £1,485 23
2019£135,003 £1,565 19
2018£140,409 £1,466 11
2017£145,363 £1,466 30
2016£146,344 £1,509 16
2015£147,667 £1,408 18
2014£140,535 £1,450 25
2013£129,545 £1,519 21
2012£102,580 £1,072 19
2011£121,164 £1,301 19
2010£123,583 £1,336 18
2009£128,552 £1,253 28
2008£134,964 £1,566 22
2007£153,234 £1,600 37
2006£143,533 £1,578 32
2005£141,452 £1,375 32
2004£128,972 £1,512 38
2003£101,376 £1,157 29
2002£81,319 £776 35
2001£63,523 £654 39
2000£55,648 £599 27
1999£49,070 £464 28
1998£47,216 £475 29
1997£43,872 £525 25
1996£37,645 £428 31
1995£47,039 £530 24
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£330,000 £2,661 1
2023£285,000 £2,166 4
2022£248,999 £2,904 5
2021£189,600 £2,048 7
2020£182,500 £1,744 2
2019£258,600 £2,120 5
2018£256,167 £2,042 3
2017£222,250 £1,923 6
2016£154,167 £1,457 3
2015£174,143 £1,935 7
2014£169,028 £1,628 9
2013£167,376 £1,569 9
2012£229,000 £1,681 2
2011£181,238 £1,716 4
2010£205,990 £1,973 5
2009£151,627 £2,111 5
2007£218,2502
2006£194,500 £1,133 3
2005£169,478 £1,996 9
2004£168,550 £1,293 5
2003£176,250 £1,254 6
2002£153,812 £1,207 8
2001£70,473 £1,093 4
2000£114,190 £896 5
1999£86,875 £610 6
1998£66,900 £528 5
1997£60,375 £603 4
1996£67,6002
1995£74,648 £713 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,0001
2023£287,7502
2022£85,750 £1,450 4
2020£761,347 £1,692 3
2019£131,250 £1,818 2
2018£65,000 £1,293 2
2017£62,750 £996 1
2016£165,000 £1,559 4

House Type in NE5 2EE area

The most common house types in the NE5 2EE postcode area are Semi-detached (101), Terraced (9), and Detached (2).

Total116
Semi-detached101
Terraced9
Detached2
commercial building2
Flat1
temporary structure1
Shared house0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright48
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency19
Private rented: Other private rented7
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE5 2EE have 2 people in household (44), and 1 person in household (36).

2 people in household44
1 person in household36
3 people in household21
4 people in household8
5 people in household8
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0