Housing Market Analysis for FAIRSPRING, NE5 2PQ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £88,119 median price is £99,000 Standard Deviation is £31,261 with Total Sold: 19
    • The Last 5 Year average price is £111,661 with Total Sold: 9
    • The most recent sale happened at this postcode is 2 FAIRSPRING: £102,000 (Sold on 04 Aug 2023)
    • The first recorded sale happened at this postcode is 6 FAIRSPRING: £28,950 (Sold on 02 Dec 1998)
  • Semi-Detached
    • The average price is around £79,166 median price is £92,500 Standard Deviation is £24,244 with Total Sold: 6
    • The Last 5 Year average price is £99,995 with Total Sold: 1
    • The most recent sale happened at this postcode is 14 FAIRSPRING: £99,995 (Sold on 16 Jul 2021)
    • The first recorded sale happened at this postcode is 26 FAIRSPRING: £32,000 (Sold on 28 Jan 2000)
  • Flat
    • The average price is around £36,000 median price is £36,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 48 FAIRSPRING: £36,000 (Sold on 02 Apr 2015)
    • The first recorded sale happened at this postcode is 48 FAIRSPRING: £36,000 (Sold on 02 Apr 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 2PQ 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£115,000 £1,249 3
2022£118,983 £1,382 3
2021£99,000 £1,222 1
2020£102,000 £1,186 2
2017£76,000 £854 1
2013£70,500 £782 3
2006£102,475 £1,200 2
2004£88,000 £1,023 1
2002£45,000 £517 1
1999£14,903 £201 1
1998£28,950 £341 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£99,995 £1,124 1
2018£95,000 £1,011 1
2009£92,000 £958 1
2004£93,000 £989 1
2003£63,000 £670 1
2000£32,000 £340 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£36,000 £781 1

All the Sales in the FAIRSPRING, NE5 2PQ

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

AddressSold DatePrice% Change
2 FAIRSPRINGTerraced, FreeholdArea: 88 Sq.mtrAge: 1967-197504 Aug 2023£102,00063.20%
25 Nov 2013£62,500First Sale
8 FAIRSPRINGTerraced, FreeholdArea: 100 Sq.mtrAge: 1967-197507 Jul 2023£115,00038.55%
04 Oct 2013£83,000-16.96%
31 Jul 2006£99,95013.58%
09 Jul 2004£88,000First Sale
18 FAIRSPRINGTerraced, FreeholdArea: 89 Sq.mtrAge: 1967-197524 Feb 2023£128,00068.42%
06 Sep 2017£76,000First Sale
12 FAIRSPRINGTerraced, FreeholdArea: 83 Sq.mtrAge: 1967-197506 Dec 2022£130,000First Sale
36 FAIRSPRINGTerraced, FreeholdArea: 85 Sq.mtrAge: 1967-197509 Jun 2022£112,000First Sale
34 FAIRSPRINGTerraced, FreeholdArea: 91 Sq.mtrAge: 1976-198207 Jun 2022£114,950First Sale
14 FAIRSPRINGSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1967-197516 Jul 2021£99,995First Sale
20 FAIRSPRINGTerraced, FreeholdArea: 81 Sq.mtrAge: 1967-197521 Jan 2021£99,000First Sale
6 FAIRSPRINGTerraced, FreeholdArea: 84.88 Sq.mtrAge: 1967-197530 Sep 2020£97,000-7.62%
31 Mar 2006£105,000262.69%
02 Dec 1998£28,950First Sale
56 FAIRSPRINGTerraced, FreeholdArea: 87 Sq.mtrAge: 1967-197520 Jan 2020£107,000137.78%
21 Mar 2002£45,000First Sale
26 FAIRSPRINGSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1967-197515 Aug 2018£95,0002.15%
27 Aug 2004£93,00047.62%
06 Jun 2003£63,00096.88%
28 Jan 2000£32,000First Sale
48 FAIRSPRINGFlat, LeaseholdArea: 46.08 Sq.mtrAge: 1967-197502 Apr 2015£36,000First Sale
4 FAIRSPRINGTerraced, FreeholdArea: 82 Sq.mtrAge: 1967-197519 Jul 2013£66,000First Sale
28 FAIRSPRINGSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1967-197520 Nov 2009£92,000First Sale
22 FAIRSPRINGTerraced, FreeholdArea: 74 Sq.mtrAge: 1967-197528 Jun 1999£14,903First Sale

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

FAIRSPRING, NE5 2PQ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £86,344 median price is £83,000 Standard Deviation is £41,536 with Total Sold: 1,065
    • The Last 5 Year average price is £114,264 with Total Sold: 235
    • 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 , 104 WEST AVENUE: £50,000 (Sold on 24 Feb 1995)
  • Semi-Detached
    • The average price is around £119,270 median price is £124,250 Standard Deviation is £56,325 with Total Sold: 768
    • The Last 5 Year average price is £162,442 with Total Sold: 172
    • 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 , 288 STAMFORDHAM ROAD: £42,000 (Sold on 24 Mar 1995)
  • Detached
    • The average price is around £195,899 median price is £198,500 Standard Deviation is £62,319 with Total Sold: 259
    • The Last 5 Year average price is £230,341 with Total Sold: 80
    • The most recent sale happened at this postcode is , 74 WHEATFIELD ROAD: £220,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 213 WEST AVENUE: £63,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £63,047 median price is £60,000 Standard Deviation is £33,652 with Total Sold: 100
    • The Last 5 Year average price is £82,021 with Total Sold: 16
    • 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 , 7 AMBERGATE CLOSE: £30,995 (Sold on 02 May 1997)
  • Other
    • The average price is around £391,165 median price is £137,000 Standard Deviation is £772,359 with Total Sold: 17
    • The Last 5 Year average price is £327,776 with Total Sold: 11
    • 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 , 425 STAMFORDHAM ROAD: £2,222,400 (Sold on 16 Nov 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,592 £1,374 18
2023£124,706 £1,458 34
2022£135,553 £1,600 55
2021£115,094 £1,463 55
2020£97,834 £1,159 29
2019£90,057 £1,084 44
2018£86,762 £1,108 28
2017£103,073 £1,190 39
2016£108,685 £1,304 44
2015£93,000 £1,135 40
2014£107,204 £1,213 34
2013£105,563 £1,356 47
2012£109,012 £1,395 41
2011£102,571 £1,320 21
2010£91,057 £1,084 14
2009£85,174 £997 25
2008£94,000 £1,099 12
2007£102,055 £1,334 48
2006£107,138 £1,256 48
2005£86,149 £1,128 33
2004£83,168 £977 54
2003£61,699 £726 47
2002£48,696 £588 53
2001£39,205 £459 39
2000£39,262 £439 31
1999£35,581 £440 26
1998£36,720 £465 30
1997£37,266 £433 33
1996£35,344 £441 27
1995£36,156 £430 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£164,000 £1,374 9
2023£173,330 £2,027 28
2022£177,757 £2,043 24
2021£153,957 £1,767 36
2020£141,865 £1,620 27
2019£166,080 £1,866 48
2018£155,533 £1,817 54
2017£148,130 £1,788 43
2016£144,798 £1,665 32
2015£142,678 £1,523 30
2014£146,162 £1,639 33
2013£134,498 £1,728 22
2012£127,489 £1,472 19
2011£124,289 £1,585 23
2010£120,573 £1,312 13
2009£100,964 £1,124 14
2008£156,996 £1,636 13
2007£138,922 £1,358 24
2006£122,112 £1,399 20
2005£130,230 £2,280 15
2004£93,572 £1,096 20
2003£81,826 £898 26
2002£57,052 £696 25
2001£64,032 £771 31
2000£52,245 £561 23
1999£56,420 £538 14
1998£45,716 £605 35
1997£48,724 £636 37
1996£42,465 £352 17
1995£48,885 £462 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£253,500 £2,498 8
2023£231,800 £2,690 10
2022£233,812 £2,218 8
2021£225,464 £2,236 14
2020£209,499 £2,129 6
2019£229,332 £2,112 34
2018£200,982 £2,124 30
2017£191,865 £2,096 17
2016£213,523 £2,102 30
2015£202,362 £1,826 8
2014£202,576 £2,013 13
2013£197,377 £1,905 31
2012£199,644 £2,034 9
2011£193,083 £2,602 6
2010£249,995 £2,409 1
2008£171,500 £1,429 2
2007£123,000 £2,158 1
2006£207,0001
2005£109,000 £1,912 1
2003£100,317 £1,210 3
2002£165,000 £1,571 1
2001£57,580 £608 5
2000£98,975 £952 2
1999£97,500 £816 4
1997£56,100 £668 5
1996£70,842 £595 6
1995£69,317 £517 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£60,000 £1,196 1
2023£78,333 £1,220 3
2022£96,338 £1,593 4
2021£45,000 £980 1
2020£134,500 £1,794 2
2019£63,598 £952 5
2018£82,500 £1,141 2
2017£117,500 £1,957 1
2016£87,900 £1,570 5
2015£54,667 £913 3
2014£102,967 £1,777 3
2013£118,950 £2,203 2
2012£87,562 £1,705 8
2011£97,667 £1,681 3
2010£70,000 £1,081 1
2008£77,500 £1,249 1
2007£75,317 £854 3
2006£67,500 £1,083 2
2005£79,475 £1,045 2
2004£69,250 £996 8
2003£42,671 £674 7
2002£37,500 £545 3
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
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,000 £24 1
2023£118,333 £2,012 3
2022£102,500 £1,749 2
2019£608,706 £33 5
2017£121,938 £510 2
2016£192,6673
2015£2,222,400 £19,843 1

House Type in NE5 2PQ area

The most common house types in the NE5 2PQ postcode area are Terraced (65), Semi-detached (25), and Flat (8).

Total101
Terraced65
Semi-detached25
Flat8
Detached3
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 (36), and Owned: Owns outright (27).

Social rented: Rents from council or Local Authority36
Owned: Owns outright27
Owned: Owns with a mortgage or loan19
Private rented: Private landlord or letting agency14
Social rented: Other social rented3
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE5 2PQ have 1 person in household (35), and 2 people in household (31).

1 person in household35
2 people in household31
3 people in household19
4 people in household11
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0