Housing Market Analysis for ABBOTSMEADE CLOSE, NE5 2EU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £73,768 median price is £88,975 Standard Deviation is £29,755 with Total Sold: 14
    • The Last 5 Year average price is £107,475 with Total Sold: 2
    • The most recent sale happened at this postcode is 11 ABBOTSMEADE CLOSE: £109,950 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is 23 ABBOTSMEADE CLOSE: £105,000 (Sold on 16 Aug 2024)
  • Flat
    • The average price is around £67,500 median price is £67,750 Standard Deviation is £20,405 with Total Sold: 4
    • The most recent sale happened at this postcode is 11 ABBOTSMEADE CLOSE: £90,000 (Sold on 25 May 2005)
    • The first recorded sale happened at this postcode is 21 ABBOTSMEADE CLOSE: £50,000 (Sold on 13 Dec 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 2EU 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£109,950 £1,705 1
2013£90,000 £1,395 1
2007£102,900 £1,705 2
2006£98,000 £1,508 1
2005£89,000 £1,589 1
2003£88,950 £1,368 1
2000£45,500 £812 1
1998£44,875 £744 2
1996£18,500 £285 1
1995£46,150 £854 2
2024£105,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£90,000 £1,607 1
2004£85,5001
2002£44,500 £795 1
2001£50,0001

All the Sales in the ABBOTSMEADE CLOSE, NE5 2EU

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

AddressSold DatePrice% Change
11 ABBOTSMEADE CLOSETerraced, FreeholdArea: 64.5 Sq.mtrAge: 1991-199510 Feb 2023£109,95022.17%
13 Jun 2013£90,0000.0
25 May 2005£90,000102.25%
11 Feb 2002£44,500First Sale
4 ABBOTSMEADE CLOSETerraced, LeaseholdArea: 65 Sq.mtrAge: 1996-200226 Oct 2007£107,300First Sale
15 ABBOTSMEADE CLOSETerraced, LeaseholdArea: 56 Sq.mtrAge: 1996-200218 May 2007£98,50010.67%
28 Jan 2005£89,00095.60%
26 May 2000£45,5005.81%
29 May 1998£43,000-10.14%
03 Feb 1995£47,850First Sale
23 ABBOTSMEADE CLOSETerraced, LeaseholdArea: 65 Sq.mtrAge: 1996-200224 Feb 2006£98,00010.17%
12 Dec 2003£88,95090.27%
27 Apr 1998£46,750152.70%
31 Jan 1996£18,500-82.38%
16 Aug 2024£105,000First Sale
21 ABBOTSMEADE CLOSEFlat, Leasehold16 Jan 2004£85,50071.00%
13 Dec 2001£50,000First Sale
9 ABBOTSMEADE CLOSETerraced, Leasehold21 Aug 1995£44,450First Sale

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

ABBOTSMEADE CLOSE, NE5 2EU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £107,804 median price is £110,500 Standard Deviation is £50,076 with Total Sold: 811
    • The Last 5 Year average price is £153,113 with Total Sold: 121
    • The most recent sale happened at this postcode is , 143 NEWMINSTER ROAD: £140,009 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 15 ABBOTSMEADE CLOSE: £47,850 (Sold on 03 Feb 1995)
  • Flat
    • The average price is around £69,189 median price is £76,000 Standard Deviation is £33,252 with Total Sold: 435
    • The Last 5 Year average price is £91,242 with Total Sold: 64
    • 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 , 51 BINGFIELD GARDENS: £28,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £108,418 median price is £114,950 Standard Deviation is £52,755 with Total Sold: 965
    • The Last 5 Year average price is £154,032 with Total Sold: 168
    • The most recent sale happened at this postcode is , 47 TWO BALL LONNEN: £150,470 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 79 LANERCOST DRIVE: £42,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £189,872 median price is £96,500 Standard Deviation is £361,906 with Total Sold: 26
    • The Last 5 Year average price is £236,863 with Total Sold: 18
    • The most recent sale happened at this postcode is , 153 TWO BALL LONNEN: £123,000 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is GROUND AND BASEMENT PREMISES, 379 WEST ROAD: £250,000 (Sold on 18 Mar 2016)
  • Detached
    • The average price is around £157,809 median price is £155,000 Standard Deviation is £63,112 with Total Sold: 67
    • The Last 5 Year average price is £221,888 with Total Sold: 9
    • The most recent sale happened at this postcode is , 6 NURSERY GARDENS: £282,000 (Sold on 25 May 2023)
    • The first recorded sale happened at this postcode is , 487 WEST ROAD: £45,000 (Sold on 31 Oct 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,142 £1,647 11
2023£170,502 £2,054 21
2022£161,660 £1,882 27
2021£164,661 £1,781 23
2020£137,864 £1,508 22
2019£124,088 £1,503 17
2018£131,500 £1,432 16
2017£141,983 £1,479 33
2016£133,152 £1,416 23
2015£126,955 £1,422 19
2014£127,647 £1,388 26
2013£125,498 £1,440 26
2012£103,720 £1,142 16
2011£122,559 £1,363 19
2010£117,590 £1,340 20
2009£123,532 £1,238 22
2008£130,626 £1,376 25
2007£141,252 £1,488 49
2006£137,352 £1,484 38
2005£129,382 £1,360 31
2004£124,992 £1,453 43
2003£99,304 £1,110 35
2002£72,836 £740 42
2001£58,692 £613 38
2000£48,865 £510 33
1999£46,641 £457 32
1998£44,073 £483 27
1997£42,444 £513 25
1996£38,192 £425 31
1995£42,952 £517 21
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£124,944 £1,937 9
2023£91,125 £1,400 12
2022£92,308 £1,352 13
2021£85,346 £1,419 13
2020£67,625 £1,417 6
2019£82,386 £1,110 11
2018£79,972 £1,385 9
2017£85,012 £1,396 4
2016£83,409 £1,231 11
2015£78,683 £1,049 12
2014£77,792 £1,235 12
2013£80,390 £1,044 5
2012£85,900 £1,300 5
2011£90,156 £1,279 8
2010£90,730 £1,387 5
2009£81,000 £1,179 7
2008£96,257 £1,502 14
2007£103,997 £1,663 17
2006£102,623 £1,646 26
2005£95,449 £1,516 25
2004£86,132 £1,489 22
2003£77,388 £1,374 34
2002£41,382 £695 22
2001£37,474 £604 29
2000£33,296 £469 12
1999£32,119 £477 26
1998£29,374 £422 17
1997£28,612 £479 17
1996£28,407 £424 15
1995£28,791 £453 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£154,047 £1,494 10
2023£166,206 £1,868 24
2022£175,522 £1,797 30
2021£154,553 £1,701 46
2020£139,777 £1,592 23
2019£135,941 £1,510 35
2018£129,795 £1,400 38
2017£136,511 £1,527 35
2016£135,519 £1,474 21
2015£138,275 £1,416 53
2014£128,540 £1,387 27
2013£123,254 £1,405 39
2012£123,625 £1,370 24
2011£109,428 £1,221 21
2010£116,203 £1,331 17
2009£113,921 £1,218 19
2008£151,744 £1,497 18
2007£131,247 £1,485 48
2006£134,478 £1,551 46
2005£131,448 £1,474 30
2004£115,123 £1,342 30
2003£104,181 £1,025 42
2002£69,796 £767 41
2001£58,561 £587 36
2000£45,560 £525 29
1999£48,123 £542 39
1998£42,866 £493 38
1997£43,152 £452 43
1996£39,300 £417 27
1995£40,994 £473 36
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£232,833 £1,098 3
2022£91,500 £1,417 6
2021£115,833 £1,485 3
2020£501,208 £1,301 5
2019£162,5001
2018£54,077 £886 5
2017£76,375 £1,123 2
2016£250,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£282,000 £2,564 1
2022£217,498 £1,995 2
2021£130,000 £1,506 2
2020£150,000 £1,744 1
2019£290,000 £2,001 3
2018£179,250 £1,961 2
2017£202,667 £1,739 3
2016£143,750 £1,202 2
2015£174,000 £1,686 3
2014£146,751 £1,473 5
2013£156,277 £1,581 5
2011£173,317 £1,594 3
2010£199,9501
2009£164,480 £2,111 4
2007£187,5001
2006£194,2502
2005£163,383 £1,841 6
2004£125,125 £1,268 2
2003£134,750 £1,254 4
2002£153,812 £1,207 8
2000£39,950 £434 1
1999£31,5001
1998£62,250 £536 2
1996£65,2501
1995£35,000 £127 2

House Type in NE5 2EU area

The most common house types in the NE5 2EU postcode area are Semi-detached (52), Flat (40), and Terraced (34).

Total143
Semi-detached52
Flat40
Terraced34
Detached9
Shared house8
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (52), and Private rented: Private landlord or letting agency (45).

Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency45
Owned: Owns outright29
Social rented: Rents from council or Local Authority11
Private rented: Other private rented4
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE5 2EU have 2 people in household (49), and 1 person in household (47).

2 people in household49
1 person in household47
3 people in household21
4 people in household19
5 people in household5
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0