Housing Market Analysis for NE5 2LW

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE5 2LW 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 2LW

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

    AddressSold DatePrice% Change

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

    NE5 2LW Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £114,704 median price is £115,000 Standard Deviation is £54,170 with Total Sold: 533
      • The Last 5 Year average price is £159,130 with Total Sold: 106
      • The most recent sale happened at this postcode is , 29 NORTH AVENUE: £165,000 (Sold on 25 Jul 2024)
      • The first recorded sale happened at this postcode is , 30 DILSTON DRIVE: £38,950 (Sold on 27 Jan 1995)
    • Terraced
      • The average price is around £82,279 median price is £80,500 Standard Deviation is £39,014 with Total Sold: 1,137
      • The Last 5 Year average price is £110,188 with Total Sold: 242
      • The most recent sale happened at this postcode is , 21 CROSSLAW: £71,000 (Sold on 01 Jul 2024)
      • The first recorded sale happened at this postcode is , 73 BEAUMONT TERRACE: £13,600 (Sold on 30 Jan 1995)
    • Detached
      • The average price is around £201,393 median price is £204,950 Standard Deviation is £66,365 with Total Sold: 147
      • The Last 5 Year average price is £238,750 with Total Sold: 36
      • The most recent sale happened at this postcode is , 9 HIGHFIELD ROAD: £487,000 (Sold on 24 May 2024)
      • The first recorded sale happened at this postcode is , 213 WEST AVENUE: £63,000 (Sold on 06 Jan 1995)
    • Other
      • The average price is around £2,903,136 median price is £121,000 Standard Deviation is £8,672,554 with Total Sold: 12
      • The Last 5 Year average price is £59,033 with Total Sold: 7
      • The most recent sale happened at this postcode is , 156 WEST AVENUE: £2,000 (Sold on 09 Feb 2024)
      • The first recorded sale happened at this postcode is UNIT 21, DENTON PARK SHOPPING CENTRE WEST DENTON WAY: £31,600,000 (Sold on 15 Oct 2015)
    • Flat
      • The average price is around £60,949 median price is £48,500 Standard Deviation is £37,642 with Total Sold: 48
      • The Last 5 Year average price is £85,085 with Total Sold: 10
      • The most recent sale happened at this postcode is , 376 STAMFORDHAM ROAD: £90,000 (Sold on 04 Sep 2023)
      • The first recorded sale happened at this postcode is , 6 BIRKSHAW WALK: £13,500 (Sold on 15 Dec 1995)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£171,238 £2,575 4
    2023£165,385 £2,168 20
    2022£177,308 £2,516 17
    2021£158,764 £1,894 24
    2020£138,832 £1,673 19
    2019£155,126 £1,725 22
    2018£146,000 £1,585 20
    2017£150,830 £1,873 15
    2016£140,220 £1,699 30
    2015£143,608 £1,832 13
    2014£148,909 £1,815 11
    2013£130,710 £1,652 20
    2012£133,591 £1,707 11
    2011£119,430 £1,441 15
    2010£114,583 £1,383 12
    2009£102,312 £1,324 16
    2008£155,828 £1,709 9
    2007£154,090 £1,523 23
    2006£136,556 £1,391 18
    2005£129,246 £1,675 12
    2004£116,691 £1,279 17
    2003£83,674 £887 24
    2002£68,744 £874 28
    2001£70,476 £926 23
    2000£57,244 £629 27
    1999£62,959 £479 11
    1998£50,608 £631 24
    1997£56,494 £617 22
    1996£52,750 £599 9
    1995£48,512 £468 17
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£113,385 £1,264 13
    2023£124,311 £1,441 37
    2022£124,233 £1,474 47
    2021£116,793 £1,388 56
    2020£97,847 £1,139 37
    2019£88,315 £1,038 52
    2018£88,183 £1,145 32
    2017£100,979 £1,189 41
    2016£105,081 £1,233 45
    2015£89,134 £1,064 41
    2014£89,505 £1,025 28
    2013£96,300 £1,201 43
    2012£91,122 £1,167 33
    2011£84,577 £987 13
    2010£93,220 £1,124 22
    2009£86,253 £1,042 29
    2008£100,486 £1,175 18
    2007£100,641 £1,274 54
    2006£104,143 £1,237 57
    2005£90,305 £1,165 40
    2004£82,680 £952 61
    2003£62,710 £730 50
    2002£47,514 £520 61
    2001£40,284 £478 49
    2000£37,823 £415 36
    1999£36,810 £440 29
    1998£36,755 £452 32
    1997£34,781 £389 35
    1996£33,814 £395 28
    1995£34,589 £395 18
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£487,0001
    2023£228,750 £2,786 6
    2022£233,625 £2,437 4
    2021£226,600 £2,213 10
    2020£214,400 £2,104 5
    2019£246,300 £2,186 10
    2018£203,882 £2,062 8
    2017£221,199 £2,168 5
    2016£214,488 £2,124 25
    2015£191,779 £1,880 7
    2014£204,960 £2,005 11
    2013£204,204 £1,935 26
    2012£191,788 £2,084 8
    2011£290,000 £5,800 1
    2010£249,995 £2,409 1
    2009£101,500 £1,140 1
    2008£171,500 £1,429 2
    2006£207,0001
    2002£109,500 £1,089 2
    2001£99,950 £952 1
    2000£99,950 £952 1
    1999£123,500 £995 2
    1998£35,000 £393 1
    1997£60,0001
    1996£73,900 £595 5
    1995£74,000 £566 2
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,000 £24 1
    2023£2,7001
    2022£105,000 £1,749 1
    2019£75,883 £33 4
    2017£148,500 £1,485 2
    2016£305,0001
    2015£16,911,200 £19,843 2
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£58,333 £1,079 3
    2022£95,175 £1,574 2
    2021£79,000 £1,101 2
    2020£129,250 £1,551 2
    2019£69,000 £812 1
    2017£107,750 £1,838 2
    2016£74,238 £1,087 4
    2015£37,500 £815 2
    2014£71,667 £1,260 3
    2012£36,500 £884 2
    2011£76,250 £1,148 2
    2007£97,000 £1,375 4
    2005£89,9501
    2004£59,9501
    2003£28,6503
    2002£26,500 £585 3
    2000£53,4502
    1999£15,0001
    1997£30,600 £552 5
    1996£27,5002
    1995£13,500 £293 1

    House Type in NE5 2LW area

    The most common house types in the NE5 2LW postcode area are Terraced (94), Semi-detached (35), and Detached (3).

    Total132
    Terraced94
    Semi-detached35
    Detached3
    Flat0
    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 (42), and Owned: Owns outright (38).

    Social rented: Rents from council or Local Authority42
    Owned: Owns outright38
    Owned: Owns with a mortgage or loan25
    Private rented: Private landlord or letting agency22
    Shared ownership: Shared ownership1
    Social rented: Other social rented1
    Lives rent free1
    Does not apply0
    Private rented: Other private rented0

    Number of People in a Household

    The most houses in the NE5 2LW have 1 person in household (43), and 2 people in household (34).

    1 person in household43
    2 people in household34
    3 people in household31
    4 people in household18
    5 people in household4
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0