Housing Market Analysis for WEST ROAD, NE5 2ET

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £84,107 median price is £97,500 Standard Deviation is £42,031 with Total Sold: 14
    • The Last 5 Year average price is £105,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 494 WEST ROAD: £100,000 (Sold on 04 Feb 2022)
    • The first recorded sale happened at this postcode is 482 WEST ROAD: £39,000 (Sold on 01 Aug 1997)
  • Terraced
    • The average price is around £125,000 median price is £125,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 486 WEST ROAD: £125,000 (Sold on 06 Jun 2014)
    • The first recorded sale happened at this postcode is 486 WEST ROAD: £125,000 (Sold on 06 Jun 2014)
  • Detached
    • The average price is around £187,500 median price is £187,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 480 WEST ROAD: £187,500 (Sold on 31 May 2007)
    • The first recorded sale happened at this postcode is 480 WEST ROAD: £187,500 (Sold on 31 May 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 2ET 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
2022£100,000 £941 1
2021£111,000 £1,261 1
2018£95,000 £1,173 1
2017£121,000 £1,252 2
2015£167,000 £1,392 1
2010£100,000 £941 1
2006£118,000 £1,439 1
2002£73,000 £830 1
1999£38,000 £413 1
1998£35,0001
1997£32,833 £325 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£125,000 £1,263 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£187,5001

All the Sales in the WEST ROAD, NE5 2ET

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

AddressSold DatePrice% Change
494 WEST ROADSemi-Detached, FreeholdArea: 106.26 Sq.mtrAge: 1930-194904 Feb 2022£100,0000.0
27 Aug 2010£100,000First Sale
510 WEST ROADSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1930-194902 Jul 2021£111,00052.05%
21 Nov 2002£73,000First Sale
506 WEST ROADSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-194918 Dec 2018£95,000First Sale
500 WEST ROADSemi-Detached, FreeholdArea: 115.98 Sq.mtrAge: 1950-196627 Nov 2017£125,000First Sale
512 WEST ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196617 Mar 2017£117,000-0.85%
17 Mar 2006£118,000First Sale
482 WEST ROADSemi-Detached, FreeholdArea: 120 Sq.mtrAge: 1930-194906 Jul 2015£167,000328.21%
01 Aug 1997£39,000First Sale
486 WEST ROADTerraced, FreeholdArea: 99 Sq.mtrAge: 1930-194906 Jun 2014£125,000First Sale
480 WEST ROADDetached, Freehold31 May 2007£187,500First Sale
504 WEST ROADSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-196623 Sep 1999£38,000First Sale
502 WEST ROADSemi-Detached, Freehold16 Oct 1998£35,000First Sale
498 WEST ROADSemi-Detached, Freehold30 Oct 1997£28,000First Sale
508 WEST ROADSemi-Detached, Freehold19 Sep 1997£31,500First Sale

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

WEST ROAD, NE5 2ET Near By properties

Interactive Map

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

  • Flat
    • The average price is around £64,052 median price is £67,000 Standard Deviation is £33,196 with Total Sold: 278
    • The Last 5 Year average price is £78,842 with Total Sold: 33
    • 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 , 199 SILVER LONNEN: £26,750 (Sold on 28 Feb 1995)
  • Semi-Detached
    • The average price is around £110,303 median price is £115,000 Standard Deviation is £55,681 with Total Sold: 1,267
    • The Last 5 Year average price is £166,102 with Total Sold: 205
    • 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 £113,877 median price is £120,000 Standard Deviation is £52,393 with Total Sold: 794
    • The Last 5 Year average price is £164,246 with Total Sold: 137
    • 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 £164,332 median price is £168,000 Standard Deviation is £74,233 with Total Sold: 145
    • The Last 5 Year average price is £249,030 with Total Sold: 23
    • 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 £264,212 median price is £100,000 Standard Deviation is £461,844 with Total Sold: 15
    • The Last 5 Year average price is £445,291 with Total Sold: 7
    • The most recent sale happened at this postcode is , FREEMAN HOUSE, 410 - 420 WEST ROAD: £507,500 (Sold on 06 Apr 2023)
    • 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£109,500 £2,441 5
2023£74,750 £1,414 4
2022£70,417 £1,304 12
2021£88,083 £1,464 6
2020£55,950 £1,094 4
2019£79,000 £1,248 2
2018£72,179 £1,450 7
2017£74,167 £1,429 3
2016£80,333 £1,339 6
2015£74,167 £1,225 3
2014£73,056 £1,370 9
2013£62,250 £1,317 2
2012£76,333 £1,585 3
2011£84,571 £1,396 7
2010£78,988 £1,501 4
2009£70,400 £1,329 5
2008£103,700 £1,791 10
2007£101,079 £1,745 12
2006£95,870 £1,671 20
2005£89,246 £1,501 14
2004£80,297 £1,488 15
2003£73,140 £1,412 30
2002£36,595 £687 10
2001£32,110 £569 24
2000£21,469 £466 8
1999£27,445 £502 11
1998£28,056 £467 9
1997£20,545 £373 10
1996£25,955 £445 11
1995£27,683 £473 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,496 £1,668 18
2023£185,169 £2,008 34
2022£175,939 £1,812 39
2021£162,196 £1,780 54
2020£153,618 £1,711 28
2019£138,211 £1,631 32
2018£141,023 £1,531 49
2017£151,747 £1,606 37
2016£146,770 £1,527 38
2015£135,119 £1,418 62
2014£129,325 £1,413 43
2013£124,986 £1,393 43
2012£125,539 £1,391 38
2011£121,411 £1,311 23
2010£121,379 £1,385 21
2009£125,238 £1,299 20
2008£142,825 £1,519 26
2007£132,413 £1,560 58
2006£137,606 £1,629 57
2005£139,866 £1,567 35
2004£123,880 £1,359 43
2003£107,166 £1,129 44
2002£74,342 £838 58
2001£60,846 £667 48
2000£46,942 £524 43
1999£48,508 £550 60
1998£44,604 £547 60
1997£42,140 £418 58
1996£42,529 £450 44
1995£43,404 £492 54
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,671 £1,647 12
2023£175,760 £1,947 31
2022£175,840 £1,981 25
2021£179,346 £1,912 26
2020£148,725 £1,530 20
2019£131,807 £1,502 23
2018£143,324 £1,468 17
2017£147,963 £1,578 30
2016£138,225 £1,517 20
2015£145,841 £1,420 16
2014£136,895 £1,446 25
2013£130,021 £1,517 21
2012£108,626 £1,113 20
2011£120,744 £1,302 21
2010£124,952 £1,371 22
2009£127,844 £1,245 26
2008£135,012 £1,585 17
2007£144,463 £1,611 38
2006£149,013 £1,637 35
2005£135,256 £1,384 27
2004£127,556 £1,493 42
2003£106,762 £1,163 34
2002£76,594 £772 41
2001£62,806 £631 40
2000£54,789 £603 32
1999£48,016 £474 31
1998£47,164 £510 26
1997£44,492 £521 24
1996£38,125 £448 28
1995£46,424 £520 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£196,200 £2,099 6
2020£271,250 £1,949 2
2019£258,600 £2,120 5
2018£226,625 £2,107 4
2017£222,643 £1,881 7
2016£154,167 £1,457 3
2015£174,143 £1,935 7
2014£164,576 £1,590 10
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£170,430 £1,996 10
2004£168,550 £1,293 5
2003£141,500 £1,254 5
2002£149,286 £1,207 7
2001£66,631 £1,134 3
2000£100,238 £896 4
1999£80,500 £610 5
1998£66,900 £528 5
1997£48,500 £615 2
1996£67,6002
1995£72,402 £683 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£288,750 £1,217 2
2022£93,000 £1,292 1
2020£761,347 £1,692 3
2019£162,5001
2018£67,096 £847 4
2017£62,750 £996 1
2016£171,667 £1,966 3

House Type in NE5 2ET area

The most common house types in the NE5 2ET 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 2ET 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