Housing Market Analysis for REAY GARDENS, NE5 2NB

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £131,243 median price is £144,000 Standard Deviation is £43,002 with Total Sold: 14
    • The Last 5 Year average price is £195,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 REAY GARDENS: £195,000 (Sold on 17 Jul 2020)
    • The first recorded sale happened at this postcode is 8 REAY GARDENS: £63,000 (Sold on 01 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 2NB 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
2020£195,000 £1,512 1
2017£174,500 £1,804 2
2015£147,500 £1,611 2
2014£151,000 £1,480 1
2011£145,000 £1,312 1
2005£151,475 £1,554 2
2003£118,950 £1,178 1
2001£81,250 £630 2
1999£55,000 £498 1
1995£63,000 £488 1

All the Sales in the REAY GARDENS, NE5 2NB

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

AddressSold DatePrice% Change
8 REAY GARDENSSemi-Detached, FreeholdArea: 129 Sq.mtrAge: 1950-196617 Jul 2020£195,000122.86%
16 Nov 2001£87,50016.67%
22 Feb 2001£75,00019.05%
01 Sep 1995£63,000First Sale
10 REAY GARDENSSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1930-194921 Jul 2017£174,00015.23%
31 Jul 2014£151,000First Sale
9 REAY GARDENSSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-196607 Apr 2017£175,00022.38%
23 Sep 2005£143,000First Sale
5 REAY GARDENSSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-196623 Oct 2015£160,00034.51%
21 Nov 2003£118,950First Sale
12 REAY GARDENSSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-196630 Sep 2015£135,000First Sale
11 REAY GARDENSSemi-Detached, FreeholdArea: 110.49 Sq.mtrAge: 1930-194907 Sep 2011£145,000163.64%
29 Oct 1999£55,000First Sale
6 REAY GARDENSSemi-Detached, Freehold22 Aug 2005£159,950First Sale

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

REAY GARDENS, NE5 2NB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £85,548 median price is £84,000 Standard Deviation is £41,522 with Total Sold: 943
    • The Last 5 Year average price is £115,162 with Total Sold: 198
    • The most recent sale happened at this postcode is , 57 FENTON WALK: £77,000 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is , 9 TREDEGAR CLOSE: £36,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £112,188 median price is £115,000 Standard Deviation is £50,567 with Total Sold: 941
    • The Last 5 Year average price is £151,185 with Total Sold: 192
    • The most recent sale happened at this postcode is , 150 LAZONBY WAY: £187,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 LYNTON WAY: £29,000 (Sold on 10 Feb 1995)
  • Detached
    • The average price is around £162,607 median price is £178,248 Standard Deviation is £64,057 with Total Sold: 276
    • The Last 5 Year average price is £221,911 with Total Sold: 57
    • The most recent sale happened at this postcode is , 26 BROOKVILLE CRESCENT: £207,000 (Sold on 15 Apr 2024)
    • The first recorded sale happened at this postcode is , 20 STONEFOLD CLOSE: £91,500 (Sold on 25 Jan 1995)
  • Flat
    • The average price is around £63,652 median price is £62,000 Standard Deviation is £31,085 with Total Sold: 123
    • The Last 5 Year average price is £86,913 with Total Sold: 19
    • The most recent sale happened at this postcode is , 12 AMBERGATE CLOSE: £60,000 (Sold on 21 Mar 2024)
    • The first recorded sale happened at this postcode is , 9 ALWINTON CLOSE: £20,000 (Sold on 25 Jul 1996)
  • Other
    • The average price is around £735,001 median price is £125,000 Standard Deviation is £1,979,353 with Total Sold: 17
    • The Last 5 Year average price is £997,954 with Total Sold: 12
    • The most recent sale happened at this postcode is , 4 WILLISTON CLOSE: £165,000 (Sold on 01 Dec 2023)
    • The first recorded sale happened at this postcode is , GARAGE, 1 THOMASTON COURT: £148,000 (Sold on 29 Jul 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£113,47112
2023£122,726 £1,442 29
2022£137,151 £1,659 44
2021£119,410 £1,574 45
2020£93,652 £1,196 26
2019£96,149 £1,224 42
2018£92,930 £1,243 22
2017£100,995 £1,220 35
2016£101,442 £1,295 37
2015£88,850 £1,154 22
2014£102,998 £1,254 33
2013£105,096 £1,351 39
2012£113,745 £1,463 43
2011£104,061 £1,386 24
2010£107,545 £1,314 11
2009£81,624 £1,046 18
2008£102,778 £1,230 16
2007£108,452 £1,457 40
2006£107,121 £1,372 38
2005£97,765 £1,308 24
2004£83,398 £1,043 48
2003£61,743 £810 46
2002£51,380 £649 57
2001£43,529 £613 31
2000£36,786 £462 23
1999£35,936 £485 29
1998£32,528 £452 31
1997£33,151 £435 29
1996£34,307 £471 26
1995£33,614 £455 23
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£168,083 £2,644 12
2023£163,161 £1,987 28
2022£170,613 £2,019 27
2021£142,612 £1,770 40
2020£123,275 £1,497 33
2019£155,055 £1,832 52
2018£150,086 £1,815 61
2017£140,502 £1,757 54
2016£137,900 £1,643 37
2015£136,026 £1,581 33
2014£139,225 £1,636 37
2013£118,729 £1,601 27
2012£122,992 £1,507 34
2011£122,066 £1,648 27
2010£112,167 £1,361 12
2009£112,472 £1,333 18
2008£131,177 £1,557 17
2007£134,214 £1,492 28
2006£117,421 £1,482 28
2005£119,382 £1,970 24
2004£93,512 £1,204 28
2003£84,916 £967 45
2002£71,402 £862 47
2001£54,782 £747 37
2000£50,042 £584 19
1999£49,862 £566 20
1998£43,076 £606 36
1997£43,910 £598 42
1996£38,009 £461 18
1995£50,635 £602 20
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£233,500 £2,733 6
2023£217,143 £2,209 7
2022£238,286 £2,212 7
2021£215,236 £2,067 7
2020£203,166 £2,097 6
2019£222,262 £2,081 24
2018£202,700 £2,182 30
2017£187,817 £2,060 18
2016£196,431 £2,053 16
2015£195,650 £1,720 3
2014£184,776 £2,012 7
2013£160,295 £1,725 9
2012£148,953 £1,924 5
2011£182,409 £2,257 11
2010£167,667 £1,898 6
2009£174,9501
2008£174,500 £1,787 5
2007£184,625 £2,127 4
2006£198,083 £2,239 6
2005£210,099 £1,523 5
2004£180,421 £1,786 7
2003£128,044 £1,449 9
2002£123,750 £1,213 4
2001£80,360 £778 15
2000£88,950 £912 11
1999£77,718 £819 11
1998£66,900 £733 5
1997£56,925 £699 8
1996£73,262 £669 4
1995£78,358 £708 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£60,000 £1,196 1
2023£97,667 £1,389 3
2022£90,050 £1,390 7
2021£45,000 £980 1
2020£124,667 £1,896 3
2019£62,248 £987 4
2018£82,500 £1,141 2
2017£86,250 £1,957 2
2016£82,517 £1,435 3
2015£58,500 £943 4
2014£96,475 £1,618 4
2013£78,380 £1,318 5
2012£88,812 £1,606 8
2011£97,667 £1,681 3
2010£61,500 £909 2
2009£71,833 £1,040 3
2008£77,500 £1,249 1
2007£69,9501
2006£70,833 £1,122 6
2005£86,780 £1,206 5
2004£67,778 £996 9
2003£49,522 £732 9
2002£37,250 £522 6
2001£30,925 £456 4
2000£29,475 £349 2
1999£32,000 £479 3
1998£30,995 £485 3
1997£31,215 £476 18
1996£20,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£90,000 £2,012 4
2022£69,500 £1,749 3
2021£119,950 £1,518 1
2020£8,250,000 £99,398 1
2019£1,012,3333
2017£82,192 £510 3
2016£136,5002

House Type in NE5 2NB area

The most common house types in the NE5 2NB postcode area are Semi-detached (96), Detached (11), and converted building (2).

Total110
Semi-detached96
Detached11
converted building2
Shared house1
Terraced0
Flat0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright54
Owned: Owns with a mortgage or loan51
Private rented: Private landlord or letting agency3
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE5 2NB have 2 people in household (41), and 4 people in household (27).

2 people in household41
4 people in household27
3 people in household18
1 person in household16
5 people in household6
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0