Housing Market Analysis for REEDSMOUTH PLACE, NE5 2HQ

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

Overview of Sold House prices

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

Terraced
- The average price is around £123,479 median price is £126,725 Standard Deviation is £33,748 with Total Sold: 12
- The Last 5 Year average price is £152,375 with Total Sold: 4
- The most recent sale happened at this postcode is 19 REEDSMOUTH PLACE: £150,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 13 REEDSMOUTH PLACE: £42,000 (Sold on 26 Jul 1996)
Semi-Detached
- The average price is around £104,857 median price is £115,000 Standard Deviation is £47,170 with Total Sold: 7
- The Last 5 Year average price is £157,000 with Total Sold: 2
- The most recent sale happened at this postcode is 10 REEDSMOUTH PLACE: £189,000 (Sold on 26 Apr 2021)
- The first recorded sale happened at this postcode is 2 REEDSMOUTH PLACE: £46,000 (Sold on 16 Aug 1999)
Detached
- The average price is around £158,421 median price is £149,950 Standard Deviation is £30,130 with Total Sold: 7
- The most recent sale happened at this postcode is 33 REEDSMOUTH PLACE: £224,000 (Sold on 09 May 2017)
- The first recorded sale happened at this postcode is 35 REEDSMOUTH PLACE: £145,000 (Sold on 11 Oct 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 2HQ 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	£150,000	£2,027	1
2021	£153,167	£2,178	3
2008	£135,800	£1,764	1
2005	£124,950	£1,760	1
2004	£148,500	£2,152	1
2003	£116,000	£1,634	1
2002	£101,667	£1,420	3
1996	£42,000	£592	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£157,000	£2,309	2
2013	£125,000	£1,302	1
2012	£92,000	£1,353	1
2005	£115,000		1
2000	£42,000		1
1999	£46,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£224,000	£1,694	1
2005	£149,950	£1,963	1
2004	£120,000	£1,571	1
2003	£170,000	£1,286	1
2002	£148,333	£1,206	3

All the Sales in the REEDSMOUTH PLACE, NE5 2HQ

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

Address	Sold Date	Price	% Change
19 REEDSMOUTH PLACETerraced, FreeholdArea: 74 Sq.mtrAge: 1930-1949	28 Jul 2023	£150,000	16.73%
	10 Jun 2021	£128,500	First Sale
29 REEDSMOUTH PLACETerraced, FreeholdArea: 69 Sq.mtrAge: 1996-2002	29 Sep 2021	£181,000	20.67%
	02 Feb 2021	£150,000	1.01%
	26 Mar 2004	£148,500	51.53%
	15 Nov 2002	£98,000	First Sale
10 REEDSMOUTH PLACESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1930-1949	26 Apr 2021	£189,000	105.43%
	12 Oct 2012	£92,000	First Sale
3 REEDSMOUTH PLACESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1950-1966	14 Apr 2021	£125,000	First Sale
33 REEDSMOUTH PLACEDetached, FreeholdArea: 132.24 Sq.mtrAge: 2003-2006	09 May 2017	£224,000	31.76%
	07 Apr 2003	£170,000	9.68%
	18 Oct 2002	£155,000	First Sale
23 REEDSMOUTH PLACESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	05 Aug 2013	£125,000	First Sale
11 REEDSMOUTH PLACETerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	09 May 2008	£135,800	First Sale
2 REEDSMOUTH PLACESemi-Detached, Freehold	19 Dec 2005	£115,000	150.00%
2 REEDSMOUTH PLACESemi-Detached, Freehold	16 Aug 1999	£46,000	First Sale
6 REEDSMOUTH PLACEDetached, FreeholdArea: 76.4 Sq.mtrAge: 1930-1949	08 Sep 2005	£149,950	24.96%
	26 Apr 2004	£120,000	First Sale
13 REEDSMOUTH PLACETerraced, FreeholdArea: 71 Sq.mtrAge: 1930-1949	28 Jan 2005	£124,950	197.50%
	26 Jul 1996	£42,000	First Sale
1 REEDSMOUTH PLACETerraced, FreeholdArea: 71 Sq.mtrAge: 1950-1966	14 Nov 2003	£116,000	First Sale
27 REEDSMOUTH PLACETerraced, Freehold	29 Nov 2002	£102,000	First Sale
25 REEDSMOUTH PLACETerraced, Freehold	15 Nov 2002	£105,000	First Sale
31 REEDSMOUTH PLACEDetached, Freehold	25 Oct 2002	£145,000	First Sale
35 REEDSMOUTH PLACEDetached, FreeholdArea: 117 Sq.mtrAge: 1983-1990	11 Oct 2002	£145,000	First Sale
4 REEDSMOUTH PLACESemi-Detached, Freehold	31 Oct 2000	£42,000	First Sale

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

REEDSMOUTH PLACE, NE5 2HQ Near By properties

Interactive Map

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

Terraced
- The average price is around £99,792 median price is £100,000 Standard Deviation is £44,822 with Total Sold: 826
- The Last 5 Year average price is £140,239 with Total Sold: 131
- 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 , 15 ABBOTSMEADE CLOSE: £47,850 (Sold on 03 Feb 1995)
Semi-Detached
- The average price is around £103,078 median price is £110,000 Standard Deviation is £46,104 with Total Sold: 815
- The Last 5 Year average price is £142,149 with Total Sold: 152
- The most recent sale happened at this postcode is , 85 SLATYFORD LANE: £150,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 79 LANERCOST DRIVE: £42,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £62,889 median price is £68,000 Standard Deviation is £30,391 with Total Sold: 386
- The Last 5 Year average price is £76,245 with Total Sold: 55
- The most recent sale happened at this postcode is , 175 SILVER LONNEN: £95,500 (Sold on 15 Jul 2024)
- The first recorded sale happened at this postcode is , 30 THIRLMERE WAY: £19,000 (Sold on 12 Jan 1995)
Detached
- The average price is around £140,744 median price is £145,000 Standard Deviation is £55,300 with Total Sold: 91
- The Last 5 Year average price is £200,300 with Total Sold: 10
- The most recent sale happened at this postcode is , 25 REDEWOOD CLOSE: £200,000 (Sold on 16 Jun 2023)
- The first recorded sale happened at this postcode is , 487 WEST ROAD: £45,000 (Sold on 31 Oct 1995)
Other
- The average price is around £170,165 median price is £85,000 Standard Deviation is £245,174 with Total Sold: 20
- The Last 5 Year average price is £107,211 with Total Sold: 9
- The most recent sale happened at this postcode is , 48 BINGFIELD GARDENS: £87,500 (Sold on 07 Oct 2022)
- The first recorded sale happened at this postcode is , 2 POOLEY CLOSE: £122,000 (Sold on 26 Mar 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£163,069	£1,647	8
2023	£155,193	£1,953	21
2022	£151,804	£1,877	30
2021	£149,131	£1,708	24
2020	£124,739	£1,489	23
2019	£112,220	£1,339	25
2018	£118,979	£1,406	24
2017	£132,789	£1,466	31
2016	£123,714	£1,363	21
2015	£113,816	£1,336	19
2014	£117,447	£1,334	32
2013	£122,456	£1,437	24
2012	£94,810	£1,060	13
2011	£107,375	£1,276	20
2010	£116,875	£1,305	16
2009	£109,186	£1,251	25
2008	£124,478	£1,360	22
2007	£128,742	£1,556	44
2006	£126,971	£1,516	45
2005	£108,055	£1,508	29
2004	£117,279	£1,498	42
2003	£92,476	£1,125	38
2002	£66,343	£810	36
2001	£54,201	£691	35
2000	£45,483	£689	68
1999	£45,954	£473	23
1998	£42,279	£514	21
1997	£42,347	£520	19
1996	£36,291	£431	29
1995	£40,882	£543	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,429	£2,003	7
2023	£160,902	£1,851	26
2022	£149,998	£1,771	23
2021	£138,824	£1,687	43
2020	£134,423	£1,567	21
2019	£126,811	£1,516	32
2018	£117,779	£1,371	33
2017	£131,059	£1,482	32
2016	£131,103	£1,503	19
2015	£122,937	£1,376	38
2014	£115,136	£1,373	23
2013	£123,483	£1,444	35
2012	£114,184	£1,339	19
2011	£99,263	£1,202	19
2010	£114,814	£1,361	11
2009	£103,765	£1,220	17
2008	£141,876	£1,648	17
2007	£125,993	£1,504	40
2006	£131,512	£1,461	33
2005	£123,343	£1,485	29
2004	£113,770	£1,429	28
2003	£93,913	£1,072	41
2002	£64,006	£759	33
2001	£56,717	£664	26
2000	£45,284	£621	32
1999	£43,762	£556	32
1998	£43,072	£521	27
1997	£39,032	£461	28
1996	£37,920	£417	23
1995	£40,618	£492	28

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£105,929	£1,693	7
2023	£74,850	£1,357	10
2022	£73,273	£1,346	11
2021	£81,042	£1,381	12
2020	£56,922	£1,207	9
2019	£68,783	£1,099	6
2018	£71,625	£1,368	10
2017	£73,010	£1,547	5
2016	£80,364	£1,275	11
2015	£73,167	£1,144	6
2014	£71,500	£1,279	12
2013	£66,060	£1,469	4
2012	£76,750	£1,499	4
2011	£71,125	£1,323	8
2010	£78,988	£1,501	4
2009	£69,625	£1,220	8
2008	£97,000	£1,623	12
2007	£99,288	£1,684	17
2006	£97,811	£1,700	23
2005	£86,585	£1,427	17
2004	£81,329	£1,421	21
2003	£71,889	£1,344	35
2002	£37,850	£712	24
2001	£34,446	£565	30
2000	£23,628	£490	9
1999	£29,547	£521	17
1998	£26,765	£446	13
1997	£21,283	£395	12
1996	£24,500	£415	13
1995	£26,884	£466	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£241,000	£2,234	2
2022	£217,498	£1,995	2
2021	£153,667	£1,749	3
2020	£150,000	£1,744	1
2019	£237,500	£2,162	2
2018	£165,500	£2,074	3
2017	£185,750	£1,760	4
2016	£143,750	£1,202	2
2015	£146,000	£1,447	2
2014	£151,959	£1,578	6
2013	£158,231	£1,584	6
2011	£159,988	£1,651	4
2010	£174,975	£1,995	2
2009	£160,974	£2,111	3
2008	£175,000	£1,358	1
2007	£165,817	£1,204	3
2006	£138,500		1
2005	£164,043	£1,818	7
2004	£119,312	£1,463	4
2003	£125,167	£1,252	6
2002	£137,538	£1,235	10
2001	£89,950	£878	4
2000	£70,041	£908	7
1999	£31,500		1
1998	£36,000	£404	2
1996	£65,250		1
1995	£35,000	£127	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£118,800	£1,358	5
2021	£133,750	£1,656	2
2020	£100,000	£1,692	1
2019	£3,400	£33	1
2018	£63,731	£1,049	6
2017	£62,750	£996	1
2015	£728,130		2
2014	£268,500		2

House Type in NE5 2HQ area

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

Total	143
Semi-detached	52
Flat	40
Terraced	34
Detached	9
Shared house	8
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 with a mortgage or loan (52), and Private rented: Private landlord or letting agency (45).

Owned: Owns with a mortgage or loan	52
Private rented: Private landlord or letting agency	45
Owned: Owns outright	29
Social rented: Rents from council or Local Authority	11
Private rented: Other private rented	4
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

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

2 people in household	49
1 person in household	47
3 people in household	21
4 people in household	19
5 people in household	5
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0