Housing Market Analysis for NE5 2LG

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE5 2LG 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.

    All the Sales in the NE5 2LG

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

    AddressSold DatePrice% Change

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

    NE5 2LG Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £106,226 median price is £108,750 Standard Deviation is £46,274 with Total Sold: 876
      • The Last 5 Year average price is £149,840 with Total Sold: 167
      • The most recent sale happened at this postcode is , 19 HILLHEAD DRIVE: £189,500 (Sold on 20 Sep 2024)
      • The first recorded sale happened at this postcode is , 11 HORWOOD AVENUE: £67,000 (Sold on 17 Jan 1995)
    • Terraced
      • The average price is around £93,568 median price is £93,000 Standard Deviation is £43,186 with Total Sold: 673
      • The Last 5 Year average price is £124,141 with Total Sold: 133
      • The most recent sale happened at this postcode is , 24 BIRKSHAW WALK: £95,000 (Sold on 22 Jul 2024)
      • The first recorded sale happened at this postcode is , 46 WEDMORE ROAD: £63,500 (Sold on 20 Jan 1995)
    • Flat
      • The average price is around £55,550 median price is £59,950 Standard Deviation is £27,071 with Total Sold: 174
      • The Last 5 Year average price is £75,194 with Total Sold: 32
      • The most recent sale happened at this postcode is , 30 GREENLAW: £72,500 (Sold on 09 Apr 2024)
      • The first recorded sale happened at this postcode is , 27 HARLE CLOSE: £27,750 (Sold on 24 Jan 1995)
    • Other
      • The average price is around £7,960,300 median price is £120,100 Standard Deviation is £13,648,726 with Total Sold: 4
      • The Last 5 Year average price is £2,700 with Total Sold: 1
      • The most recent sale happened at this postcode is , 41 DOWNEND ROAD: £2,700 (Sold on 15 Aug 2023)
      • The first recorded sale happened at this postcode is , THE JOHN GILPIN THE BURNSIDE: £237,500 (Sold on 18 Jun 2014)
    • Detached
      • The average price is around £154,868 median price is £127,000 Standard Deviation is £122,032 with Total Sold: 57
      • The Last 5 Year average price is £276,000 with Total Sold: 14
      • The most recent sale happened at this postcode is , 41 DOWNEND ROAD: £182,500 (Sold on 02 Jun 2023)
      • The first recorded sale happened at this postcode is , 14 CASTLEWOOD CLOSE: £66,950 (Sold on 11 May 1995)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£159,441 £2,225 15
    2023£152,677 £1,991 26
    2022£167,310 £2,209 27
    2021£155,036 £2,068 35
    2020£140,115 £1,853 30
    2019£132,792 £1,748 34
    2018£122,270 £1,659 33
    2017£135,078 £1,805 30
    2016£124,444 £1,590 32
    2015£123,614 £1,682 32
    2014£123,159 £1,560 28
    2013£113,570 £1,624 27
    2012£123,165 £1,669 20
    2011£121,030 £1,611 23
    2010£107,475 £1,445 22
    2009£119,020 £1,537 22
    2008£118,427 £1,553 24
    2007£135,379 £1,705 45
    2006£131,686 £1,408 32
    2005£115,387 £1,530 23
    2004£117,890 £1,491 28
    2003£82,271 £984 33
    2002£70,527 £920 33
    2001£60,417 £759 31
    2000£51,800 £540 36
    1999£46,165 £543 31
    1998£46,632 £588 36
    1997£47,237 £603 34
    1996£42,880 £546 20
    1995£53,056 £605 34
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£126,056 £1,714 9
    2023£134,409 £1,716 22
    2022£124,198 £1,532 21
    2021£130,498 £1,717 33
    2020£123,972 £1,594 18
    2019£109,103 £1,476 30
    2018£109,760 £1,402 21
    2017£111,860 £1,400 25
    2016£122,825 £1,667 20
    2015£121,526 £1,414 31
    2014£92,605 £1,309 19
    2013£104,591 £1,305 16
    2012£101,056 £1,433 17
    2011£105,062 £1,490 16
    2010£97,011 £1,244 14
    2009£104,742 £1,412 12
    2008£117,314 £1,550 16
    2007£114,923 £1,584 33
    2006£109,835 £1,425 31
    2005£104,365 £1,383 27
    2004£101,458 £1,287 39
    2003£79,989 £944 19
    2002£59,505 £826 32
    2001£46,634 £672 31
    2000£44,457 £611 21
    1999£43,126 £733 21
    1998£42,827 £708 15
    1997£37,139 £509 23
    1996£38,202 £584 22
    1995£41,755 £679 19
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£81,225 £1,295 2
    2023£63,300 £1,116 5
    2022£75,769 £1,170 8
    2021£82,420 £1,293 10
    2020£79,500 £1,222 4
    2019£59,633 £1,118 3
    2018£69,000 £1,111 2
    2017£62,707 £1,317 7
    2016£55,890 £916 5
    2015£59,369 £960 8
    2014£59,000 £1,032 5
    2013£60,125 £1,073 6
    2012£52,300 £1,341 5
    2011£44,983 £1,152 3
    2010£72,000 £1,222 4
    2009£64,250 £987 2
    2008£75,754 £1,573 7
    2007£81,583 £1,584 6
    2006£73,950 £1,504 10
    2005£78,500 £1,265 5
    2004£72,606 £1,548 8
    2003£41,230 £649 10
    2002£32,025 £600 12
    2001£33,650 £475 3
    2000£27,900 £396 6
    1999£18,200 £846 5
    1998£24,556 £600 8
    1997£26,812 £386 4
    1996£24,500 £457 4
    1995£24,179 £387 7
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£2,7001
    2018£1,000 £15 1
    2015£31,600,0001
    2014£237,5001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£201,250 £2,123 2
    2022£498,333 £2,635 3
    2021£213,333 £2,071 3
    2020£190,750 £1,768 2
    2019£236,250 £2,103 4
    2018£115,000 £2,497 1
    2017£159,000 £1,514 1
    2016£145,875 £2,106 3
    2015£103,000 £2,236 1
    2014£144,000 £2,667 1
    2013£137,575 £1,699 2
    2012£130,000 £2,110 1
    2011£162,000 £1,696 1
    2010£70,000 £1,045 1
    2009£101,500 £1,140 1
    2008£82,000 £1,291 1
    2007£266,875 £1,532 4
    2006£175,500 £1,560 2
    2004£120,0001
    2002£71,000 £959 3
    2001£76,250 £681 2
    2000£100,612 £917 4
    1999£75,0001
    1998£64,000 £411 2
    1997£66,000 £446 3
    1996£65,725 £546 4
    1995£71,283 £944 3

    House Type in NE5 2LG area

    The most common house types in the NE5 2LG postcode area are Flat (101), Terraced (6), and Semi-detached (3).

    Total110
    Flat101
    Terraced6
    Semi-detached3
    Detached0
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (89), and Private rented: Private landlord or letting agency (10).

    Social rented: Rents from council or Local Authority89
    Private rented: Private landlord or letting agency10
    Social rented: Other social rented5
    Owned: Owns outright4
    Lives rent free2
    Shared ownership: Shared ownership1
    Does not apply0
    Owned: Owns with a mortgage or loan0
    Private rented: Other private rented0

    Number of People in a Household

    The most houses in the NE5 2LG have 1 person in household (82), and 2 people in household (25).

    1 person in household82
    2 people in household25
    4 people in household2
    0 people in household0
    3 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0