Housing Market Analysis for CHESTNUT AVENUE, NE5 3BP

Are you looking to understand NE5 3BP 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 3BP area, explore the NE5 3BP Area information page.
For comprehensive crime statistics in the NE5 3BP area, explore the NE5 3BP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE5 3BP postcode area, The average prices are as follows,

Flat
- The average price is around £32,488 median price is £32,000 Standard Deviation is £16,184 with Total Sold: 21
- The Last 5 Year average price is £48,333 with Total Sold: 3
- The most recent sale happened at this postcode is 69 CHESTNUT AVENUE: £39,000 (Sold on 26 Oct 2022)
- The first recorded sale happened at this postcode is 53 CHESTNUT AVENUE: £10,000 (Sold on 31 Oct 1996)
Semi-Detached
- The average price is around £52,340 median price is £38,500 Standard Deviation is £25,569 with Total Sold: 5
- The Last 5 Year average price is £60,250 with Total Sold: 1
- The most recent sale happened at this postcode is 73 CHESTNUT AVENUE: £60,250 (Sold on 29 Mar 2019)
- The first recorded sale happened at this postcode is 73 CHESTNUT AVENUE: £29,950 (Sold on 28 Nov 1995)
Terraced
- The average price is around £33,686 median price is £21,500 Standard Deviation is £18,796 with Total Sold: 13
- The most recent sale happened at this postcode is 43 CHESTNUT AVENUE: £54,000 (Sold on 11 Nov 2016)
- The first recorded sale happened at this postcode is 45 CHESTNUT AVENUE: £19,965 (Sold on 15 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 3BP 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£52,000	£1,013	2
2020	£41,000	£661	1
2014	£32,000	£696	1
2007	£46,500	£956	3
2006	£47,667	£780	3
2005	£26,500	£518	4
2004	£32,500	£613	2
2003	£12,000	£273	1
2002	£9,875	£217	2
1996	£10,000	£171	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£60,250	£693	1
2007	£99,000	£1,031	1
2003	£38,500	£401	1
2000	£34,000	£391	1
1995	£29,950	£312	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£54,000	£730	1
2009	£60,000	£652	2
2006	£51,000	£643	2
2005	£20,500	£280	1
2004	£42,950	£580	1
2003	£21,000	£268	2
2002	£12,167	£156	3
1999	£19,965	£217	1

All the Sales in the CHESTNUT AVENUE, NE5 3BP

See the table below for more details on the sold house prices in the NE5 3BP, Newcastle upon Tyne postcode.

Address	Sold Date	Price	% Change
69 CHESTNUT AVENUEFlat, LeaseholdArea: 44 Sq.mtrAge: 1976-1982	26 Oct 2022	£39,000	225.00%
	14 Feb 2003	£12,000	First Sale
53 CHESTNUT AVENUEFlat, LeaseholdArea: 57 Sq.mtrAge: 1930-1949	16 Sep 2022	£65,000	30.00%
	19 Apr 2007	£50,000	400.00%
	31 Oct 1996	£10,000	First Sale
55 CHESTNUT AVENUEFlat, LeaseholdArea: 62 Sq.mtrAge: 1950-1966	16 Oct 2020	£41,000	First Sale
73 CHESTNUT AVENUESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1930-1949	29 Mar 2019	£60,250	-39.14%
	03 Dec 2007	£99,000	157.14%
	08 Jul 2003	£38,500	13.24%
	11 Aug 2000	£34,000	13.52%
	28 Nov 1995	£29,950	First Sale
43 CHESTNUT AVENUETerraced, FreeholdArea: 74 Sq.mtrAge: 1950-1966	11 Nov 2016	£54,000	25.73%
	30 Apr 2004	£42,950	First Sale
71 CHESTNUT AVENUEFlat, LeaseholdArea: 46 Sq.mtrAge: 1991-1995	24 Jan 2014	£32,000	-28.09%
	12 Oct 2007	£44,500	First Sale
45 CHESTNUT AVENUETerraced, FreeholdArea: 92 Sq.mtrAge: 1950-1966	20 May 2009	£60,000	17.65%
	10 May 2006	£51,000	466.67%
	05 Feb 2002	£9,000	-54.92%
	15 Mar 1999	£19,965	First Sale
41 CHESTNUT AVENUETerraced, FreeholdArea: 92 Sq.mtrAge: 1950-1966	19 May 2009	£60,000	17.65%
	07 Jun 2006	£51,000	385.71%
	12 Feb 2002	£10,500	First Sale
39 CHESTNUT AVENUEFlat, LeaseholdArea: 44 Sq.mtrAge: 1976-1982	18 Oct 2007	£45,000	42.86%
	22 Jul 2005	£31,500	157.14%
	29 Nov 2002	£12,250	First Sale
47 CHESTNUT AVENUEFlat, LeaseholdArea: 66 Sq.mtrAge: 1950-1966	26 May 2006	£37,000	155.17%
	10 Nov 2005	£14,500	First Sale
57 CHESTNUT AVENUEFlat, LeaseholdArea: 59.04 Sq.mtrAge: 1950-1966	25 May 2006	£51,000	59.38%
	24 Mar 2005	£32,000	First Sale
51 CHESTNUT AVENUEFlat, LeaseholdArea: 60 Sq.mtrAge: 1950-1966	12 May 2006	£55,000	48.65%
	09 Jul 2004	£37,000	270.00%
	31 Oct 1996	£10,000	First Sale
65 CHESTNUT AVENUETerraced, FreeholdArea: 73.26 Sq.mtrAge: 1991-1995	10 Feb 2005	£20,500	0.0
	22 Sep 2003	£20,500	First Sale
37 CHESTNUT AVENUEFlat, LeaseholdArea: 47 Sq.mtrAge: 1967-1975	07 Feb 2005	£28,000	First Sale
61 CHESTNUT AVENUEFlat, LeaseholdArea: 46 Sq.mtrAge: 1983-1990	06 Aug 2004	£28,000	First Sale
67 CHESTNUT AVENUETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	07 Mar 2003	£21,500	First Sale
63 CHESTNUT AVENUETerraced, FreeholdArea: 76 Sq.mtrAge: 1976-1982	19 Nov 2002	£17,000	First Sale
59 CHESTNUT AVENUEFlat, LeaseholdArea: 48 Sq.mtrAge: 1930-1949	02 Aug 2002	£7,500	First Sale

Check out the sold house prices near the NE5 3BP postcode. Properties currently for saleProperties currently for rent

CHESTNUT AVENUE, NE5 3BP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE5 3BP 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 3BP postcode.

Semi-Detached
- The average price is around £91,939 median price is £90,500 Standard Deviation is £53,691 with Total Sold: 577
- The Last 5 Year average price is £137,735 with Total Sold: 116
- The most recent sale happened at this postcode is , 435 TWO BALL LONNEN: £177,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 2 CHEVINGTON GARDENS: £34,000 (Sold on 04 Jan 1995)
Flat
- The average price is around £46,747 median price is £42,750 Standard Deviation is £28,708 with Total Sold: 290
- The Last 5 Year average price is £62,194 with Total Sold: 42
- The most recent sale happened at this postcode is , 11 HEATHFIELD CRESCENT: £45,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is FLAT 2, MOORSIDE COURT : £18,500 (Sold on 23 Jan 1995)
Terraced
- The average price is around £78,493 median price is £68,750 Standard Deviation is £57,321 with Total Sold: 474
- The Last 5 Year average price is £121,455 with Total Sold: 77
- The most recent sale happened at this postcode is , 12 DRURIDGE DRIVE: £155,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 65 FOURACRES ROAD: £20,500 (Sold on 20 Jan 1995)
Other
- The average price is around £229,687 median price is £93,000 Standard Deviation is £350,391 with Total Sold: 16
- The Last 5 Year average price is £231,682 with Total Sold: 11
- The most recent sale happened at this postcode is , 48 MOORHEAD: £69,500 (Sold on 01 Dec 2023)
- The first recorded sale happened at this postcode is GROUND FLOOR FLAT, MOORSIDE COURT : £10,000 (Sold on 27 Jun 2013)
Detached
- The average price is around £152,149 median price is £161,950 Standard Deviation is £61,570 with Total Sold: 49
- The Last 5 Year average price is £224,817 with Total Sold: 3
- The most recent sale happened at this postcode is , 326 WINGROVE ROAD NORTH: £279,950 (Sold on 20 May 2022)
- The first recorded sale happened at this postcode is , 8 BIRLING PLACE: £35,000 (Sold on 24 Apr 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£146,929	£1,233	7
2023	£152,037	£1,633	19
2022	£143,681	£1,807	21
2021	£142,378	£1,763	27
2020	£131,697	£1,653	22
2019	£115,062	£1,389	20
2018	£103,531	£1,295	16
2017	£127,102	£1,607	30
2016	£139,790	£1,645	29
2015	£115,822	£1,405	17
2014	£108,165	£1,444	25
2013	£69,643	£907	7
2012	£115,900	£1,169	5
2011	£105,786	£1,185	11
2010	£117,349	£1,306	15
2009	£108,365	£1,350	17
2008	£103,604	£1,378	14
2007	£109,973	£1,165	18
2006	£106,462	£1,306	21
2005	£78,384	£980	32
2004	£90,330	£1,107	22
2003	£66,180	£715	27
2002	£42,140	£461	34
2001	£35,513	£427	23
2000	£32,613	£390	14
1999	£26,068	£322	17
1998	£24,603	£284	17
1997	£33,966	£314	16
1996	£27,816	£363	19
1995	£30,293	£370	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£71,250		2
2023	£69,125	£1,096	8
2022	£67,871	£1,104	7
2021	£66,500	£1,253	8
2020	£51,062	£787	8
2019	£55,672	£873	9
2018	£54,250	£913	8
2017	£66,333	£1,063	6
2016	£53,125	£776	6
2015	£53,312	£826	8
2014	£49,725	£763	10
2013	£39,488	£621	8
2012	£30,000	£698	1
2011	£57,167	£1,094	3
2010	£67,332	£1,225	3
2009	£89,717	£1,585	17
2008	£80,999	£1,433	8
2007	£56,725	£875	8
2006	£59,464	£983	25
2005	£42,397	£665	19
2004	£47,678	£743	28
2003	£30,032	£404	17
2002	£20,653	£318	18
2001	£11,969	£194	8
2000	£29,538	£441	13
1999	£22,750	£726	4
1998	£19,583	£269	3
1997	£11,875	£180	12
1996	£13,125	£234	10
1995	£22,190	£359	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£127,125	£1,539	8
2023	£111,889	£1,482	9
2022	£107,350	£1,451	16
2021	£126,975	£1,895	23
2020	£105,125	£1,268	8
2019	£142,231	£2,084	13
2018	£102,141	£1,133	16
2017	£78,381	£1,012	13
2016	£89,321	£1,131	14
2015	£83,066	£1,023	15
2014	£86,285	£1,180	21
2013	£87,729	£1,043	12
2012	£66,286	£935	7
2011	£124,567	£1,166	15
2010	£134,290	£1,400	6
2009	£111,648	£1,302	30
2008	£99,750	£1,289	4
2007	£89,834	£1,145	28
2006	£74,236	£1,019	35
2005	£69,402	£883	40
2004	£72,580	£910	20
2003	£43,037	£562	23
2002	£34,416	£373	20
2001	£31,042	£314	12
2000	£25,757	£266	7
1999	£23,347	£296	12
1998	£21,091	£265	16
1997	£20,469	£177	8
1996	£19,236	£259	10
1995	£31,259	£363	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£72,500	£1,487	3
2022	£1,500,000		1
2021	£41,666	£680	3
2020	£176,500	£1,148	4
2018	£275,000		1
2017	£280,500		3
2013	£10,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£279,950	£2,029	1
2021	£197,250	£2,022	2
2018	£150,000	£1,765	1
2017	£177,423	£1,851	13
2016	£173,770	£1,851	7
2015	£157,980	£1,590	3
2014	£151,495	£1,585	2
2010	£149,995	£1,768	1
2009	£164,872	£1,638	2
2008	£125,500	£1,833	2
2007	£111,333	£1,255	3
2006	£305,000	£1,210	1
2005	£83,893	£751	2
2003	£195,000	£1,118	2
2002	£97,333	£665	3
1998	£26,500	£363	1
1996	£28,333	£327	3

House Type in NE5 3BP area

The most common house types in the NE5 3BP postcode area are Terraced (65), Flat (45), and Semi-detached (22).

Total	146
Terraced	65
Flat	45
Semi-detached	22
Shared house	7
Detached	6
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (58), and Social rented: Rents from council or Local Authority (56).

Social rented: Other social rented	58
Social rented: Rents from council or Local Authority	56
Private rented: Private landlord or letting agency	17
Owned: Owns outright	9
Owned: Owns with a mortgage or loan	7
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE5 3BP have 1 person in household (61), and 2 people in household (33).

1 person in household	61
2 people in household	33
4 people in household	21
3 people in household	20
5 people in household	6
6 people in household	4
7 people in household	1
0 people in household	0
8 or more people in household	0