Housing Market Analysis for BUTTERMERE CLOSE, NE5 2SB

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £82,333 median price is £82,000 Standard Deviation is £4,497 with Total Sold: 3
    • The Last 5 Year average price is £82,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 BUTTERMERE CLOSE: £82,000 (Sold on 04 Aug 2023)
    • The first recorded sale happened at this postcode is 4 BUTTERMERE CLOSE: £88,000 (Sold on 16 Jan 2007)
  • Terraced
    • The average price is around £103,500 median price is £103,500 Standard Deviation is £3,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 11 BUTTERMERE CLOSE: £100,000 (Sold on 21 Jul 2017)
    • The first recorded sale happened at this postcode is 11 BUTTERMERE CLOSE: £107,000 (Sold on 14 Dec 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 2SB 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£82,000 £1,519 1
2008£77,0001
2007£88,000 £1,630 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£100,000 £1,042 1
2006£107,000 £1,115 1

All the Sales in the BUTTERMERE CLOSE, NE5 2SB

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

AddressSold DatePrice% Change
4 BUTTERMERE CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1950-196604 Aug 2023£82,000-6.82%
16 Jan 2007£88,000First Sale
11 BUTTERMERE CLOSETerraced, FreeholdArea: 96 Sq.mtrAge: 1950-196621 Jul 2017£100,000-6.54%
14 Dec 2006£107,000First Sale
5 BUTTERMERE CLOSEFlat, Leasehold19 Dec 2008£77,000First Sale

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

BUTTERMERE CLOSE, NE5 2SB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £100,284 median price is £102,000 Standard Deviation is £42,616 with Total Sold: 715
    • The Last 5 Year average price is £131,489 with Total Sold: 138
    • The most recent sale happened at this postcode is , 8 WANSFORD AVENUE: £135,000 (Sold on 13 Sep 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 £66,424 median price is £70,000 Standard Deviation is £29,899 with Total Sold: 361
    • The Last 5 Year average price is £76,176 with Total Sold: 51
    • 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)
  • Terraced
    • The average price is around £96,312 median price is £95,000 Standard Deviation is £41,936 with Total Sold: 657
    • The Last 5 Year average price is £129,665 with Total Sold: 108
    • The most recent sale happened at this postcode is , 11 THOMASTON COURT: £165,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 61 SILLOTH AVENUE: £26,500 (Sold on 03 Mar 1995)
  • Detached
    • The average price is around £137,337 median price is £138,250 Standard Deviation is £49,659 with Total Sold: 232
    • The Last 5 Year average price is £191,722 with Total Sold: 34
    • 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 , 2 FINSMERE PLACE: £28,000 (Sold on 31 Oct 1997)
  • Other
    • The average price is around £155,256 median price is £85,000 Standard Deviation is £221,562 with Total Sold: 25
    • The Last 5 Year average price is £91,473 with Total Sold: 13
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,995 £2,234 11
2023£142,458 £1,671 25
2022£145,374 £1,719 25
2021£127,583 £1,554 36
2020£114,281 £1,384 17
2019£116,083 £1,455 24
2018£113,736 £1,349 29
2017£119,694 £1,389 33
2016£121,548 £1,399 20
2015£114,690 £1,336 36
2014£120,559 £1,454 39
2013£122,740 £1,505 32
2012£107,690 £1,323 15
2011£110,758 £1,391 24
2010£92,286 £1,112 7
2009£95,600 £1,066 15
2008£118,559 £1,508 16
2007£121,250 £1,403 34
2006£116,450 £1,357 26
2005£110,521 £1,305 26
2004£90,528 £1,229 27
2003£85,756 £1,146 35
2002£56,192 £590 31
2001£49,440 £652 21
2000£49,850 £715 46
1999£34,288 £386 16
1998£39,554 £441 12
1997£33,967 £348 15
1996£33,996 £347 13
1995£39,106 £484 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£87,100 £1,321 5
2023£71,850 £1,299 10
2022£81,944 £1,425 9
2021£86,125 £1,459 12
2020£65,589 £1,287 9
2019£61,617 £1,012 6
2018£67,167 £1,134 6
2017£66,079 £1,308 7
2016£75,296 £1,240 12
2015£72,000 £1,152 7
2014£80,806 £1,309 8
2013£79,738 £1,862 5
2012£92,356 £1,683 8
2011£77,900 £1,356 5
2010£92,750 £1,601 2
2009£80,000 £1,271 8
2008£96,633 £1,656 15
2007£96,820 £1,620 20
2006£94,005 £1,611 20
2005£84,132 £1,301 22
2004£78,157 £1,389 22
2003£76,849 £1,346 34
2002£36,996 £656 25
2001£33,528 £547 25
2000£28,669 £499 8
1999£32,731 £487 13
1998£25,927 £432 11
1997£24,421 £423 7
1996£24,545 £389 10
1995£25,320 £436 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£141,650 £2,241 3
2023£137,488 £1,736 23
2022£145,397 £1,862 23
2021£132,166 £1,727 24
2020£115,607 £1,481 14
2019£108,667 £1,405 21
2018£109,495 £1,341 22
2017£117,415 £1,411 30
2016£118,193 £1,434 23
2015£94,812 £1,373 16
2014£114,554 £1,325 34
2013£123,895 £1,577 24
2012£137,040 £1,674 14
2011£113,642 £1,459 21
2010£110,200 £1,283 10
2009£89,125 £1,277 14
2008£118,577 £1,265 13
2007£119,807 £1,583 29
2006£119,198 £1,560 34
2005£104,827 £1,351 31
2004£100,516 £1,525 22
2003£83,074 £1,182 42
2002£56,932 £736 32
2001£45,845 £633 19
2000£44,139 £725 63
1999£40,411 £436 14
1998£37,707 £456 15
1997£34,929 £478 7
1996£33,271 £406 11
1995£38,772 £537 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£217,000 £2,498 3
2023£213,000 £2,249 4
2022£190,499 £2,173 7
2021£177,167 £2,091 12
2020£198,210 £1,878 5
2019£188,333 £2,042 3
2018£156,750 £1,949 2
2017£179,562 £1,938 8
2016£178,833 £1,648 3
2015£163,733 £1,769 6
2014£159,148 £1,770 8
2013£161,393 £1,706 16
2012£157,250 £1,739 4
2011£158,495 £1,691 11
2010£118,500 £1,593 2
2009£154,333 £1,629 3
2008£149,390 £1,554 5
2007£195,250 £1,533 4
2006£162,333 £1,951 3
2005£170,891 £1,907 11
2004£143,707 £1,780 7
2003£117,839 £1,345 14
2002£110,264 £1,099 50
2001£82,088 £790 13
2000£78,224 £939 23
1999£31,5001
1998£41,250 £421 2
1997£51,498 £666 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£111,833 £1,329 6
2021£133,750 £1,656 2
2020£66,667 £1,218 3
2019£25,325 £489 2
2018£73,400 £1,169 5
2017£59,000 £1,135 1
2016£136,5002
2015£728,1302
2014£268,5002

House Type in NE5 2SB area

The most common house types in the NE5 2SB postcode area are Flat (54), Terraced (40), and Semi-detached (15).

Total115
Flat54
Terraced40
Semi-detached15
Shared house4
Detached2
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 (54), and Owned: Owns with a mortgage or loan (23).

Social rented: Rents from council or Local Authority54
Owned: Owns with a mortgage or loan23
Owned: Owns outright21
Private rented: Private landlord or letting agency11
Social rented: Other social rented2
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 2SB have 2 people in household (47), and 1 person in household (41).

2 people in household47
1 person in household41
3 people in household14
4 people in household8
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0