Housing Market Analysis for MORWICK PLACE, NE5 3LB

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £59,867 median price is £41,625 Standard Deviation is £42,439 with Total Sold: 6
    • The Last 5 Year average price is £114,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 MORWICK PLACE: £142,000 (Sold on 28 Oct 2022)
    • The first recorded sale happened at this postcode is 2 MORWICK PLACE: £36,000 (Sold on 24 Mar 1995)
  • Detached
    • The average price is around £129,500 median price is £129,500 Standard Deviation is £13,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 MORWICK PLACE: £143,000 (Sold on 21 Apr 2008)
    • The first recorded sale happened at this postcode is 4 MORWICK PLACE: £116,000 (Sold on 04 Nov 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 3LB 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
2022£142,000 £1,893 1
2021£86,000 £1,147 1
2002£47,2501
1999£17,950 £195 1
1996£30,000 £425 1
1995£36,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£143,000 £1,833 1
2005£116,0001

All the Sales in the MORWICK PLACE, NE5 3LB

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

AddressSold DatePrice% Change
5 MORWICK PLACESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-194928 Oct 2022£142,00065.12%
29 Oct 2021£86,000First Sale
3 MORWICK PLACEDetached, FreeholdArea: 78 Sq.mtrAge: 1950-196621 Apr 2008£143,000First Sale
4 MORWICK PLACEDetached, Freehold04 Nov 2005£116,000First Sale
6 MORWICK PLACESemi-Detached, Freehold05 Jul 2002£47,250First Sale
1 MORWICK PLACESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-196631 Mar 1999£17,950-40.17%
12 Jan 1996£30,000First Sale
2 MORWICK PLACESemi-Detached, Leasehold24 Mar 1995£36,000First Sale

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

MORWICK PLACE, NE5 3LB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £97,485 median price is £97,500 Standard Deviation is £48,630 with Total Sold: 1,170
    • The Last 5 Year average price is £142,661 with Total Sold: 293
    • The most recent sale happened at this postcode is , 19 WALLING ROAD: £190,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 CHEVINGTON GARDENS: £34,000 (Sold on 04 Jan 1995)
  • Terraced
    • The average price is around £96,993 median price is £94,950 Standard Deviation is £55,765 with Total Sold: 575
    • The Last 5 Year average price is £138,369 with Total Sold: 149
    • The most recent sale happened at this postcode is , 63 BINSWOOD AVENUE: £175,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 79 NETHERBY DRIVE: £47,500 (Sold on 12 Jun 1995)
  • Other
    • The average price is around £81,969 median price is £75,500 Standard Deviation is £30,888 with Total Sold: 41
    • The Last 5 Year average price is £81,170 with Total Sold: 28
    • The most recent sale happened at this postcode is , 1 FUCHSIA PLACE: £88,000 (Sold on 14 May 2024)
    • The first recorded sale happened at this postcode is , 199 OVINGTON GROVE: £115,000 (Sold on 10 Aug 2016)
  • Detached
    • The average price is around £162,442 median price is £169,998 Standard Deviation is £66,478 with Total Sold: 70
    • The Last 5 Year average price is £222,772 with Total Sold: 24
    • The most recent sale happened at this postcode is , 127 MAGNOLIA DRIVE: £245,000 (Sold on 01 May 2024)
    • The first recorded sale happened at this postcode is , HEATHERY SHANK FARM DEANHAM GARDENS: £74,000 (Sold on 12 Jun 1995)
  • Flat
    • The average price is around £59,222 median price is £63,250 Standard Deviation is £28,927 with Total Sold: 884
    • The Last 5 Year average price is £76,563 with Total Sold: 104
    • The most recent sale happened at this postcode is , 35 SILVER LONNEN: £83,000 (Sold on 12 Feb 2024)
    • The first recorded sale happened at this postcode is , 165 OVINGTON GROVE: £35,500 (Sold on 13 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£146,783 £1,703 21
2023£148,728 £1,819 36
2022£143,442 £1,831 46
2021£144,366 £1,753 66
2020£142,346 £1,725 54
2019£136,429 £1,756 70
2018£126,907 £1,663 77
2017£122,042 £1,479 46
2016£121,530 £1,542 38
2015£104,602 £1,262 34
2014£101,731 £1,254 48
2013£85,906 £1,036 16
2012£89,404 £1,071 22
2011£95,708 £1,093 25
2010£99,267 £1,168 26
2009£98,340 £1,224 30
2008£108,422 £1,338 27
2007£113,475 £1,353 41
2006£102,738 £1,351 45
2005£91,900 £1,126 49
2004£87,515 £1,130 51
2003£61,810 £765 46
2002£43,185 £514 52
2001£34,034 £417 47
2000£32,249 £370 31
1999£30,883 £383 29
1998£27,715 £352 23
1997£29,962 £344 29
1996£27,698 £355 23
1995£29,664 £376 22
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£137,112 £1,651 13
2023£144,451 £1,910 18
2022£128,048 £1,737 21
2021£135,868 £1,974 47
2020£135,281 £1,994 19
2019£148,043 £2,055 31
2018£120,381 £1,616 43
2017£125,691 £1,729 37
2016£95,976 £1,218 21
2015£93,722 £1,177 11
2014£84,614 £1,256 16
2013£89,150 £1,073 15
2012£66,143 £1,004 7
2011£121,000 £1,146 14
2010£116,719 £1,257 10
2009£107,268 £1,295 31
2008£98,679 £1,389 7
2007£102,662 £1,222 20
2006£91,927 £1,272 24
2005£85,314 £998 31
2004£69,474 £923 20
2003£49,776 £636 25
2002£36,802 £429 21
2001£33,044 £395 10
2000£29,500 £317 12
1999£24,647 £349 13
1998£21,627 £287 15
1997£24,188 £302 8
1996£22,322 £292 9
1995£35,742 £422 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£88,0001
2023£93,220 £1,816 5
2022£94,417 £1,591 6
2021£74,862 £1,113 8
2020£74,000 £983 4
2019£64,312 £973 4
2018£73,375 £1,154 8
2017£91,000 £1,135 3
2016£113,998 £1,901 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£239,500 £2,690 2
2023£261,000 £2,787 2
2022£230,838 £2,559 4
2021£227,621 £2,450 4
2020£201,346 £2,462 5
2019£214,995 £2,479 7
2018£195,881 £2,181 4
2017£209,746 £2,306 4
2016£183,498 £1,836 4
2015£159,735 £1,622 4
2014£136,246 £1,514 4
2013£106,000 £848 1
2012£127,770 £1,638 1
2011£110,000 £880 2
2010£129,998 £1,515 2
2009£164,872 £1,638 2
2008£125,500 £1,833 2
2007£171,000 £1,402 1
2005£117,9752
2004£105,000 £1,493 2
2003£72,000 £1,412 1
2002£55,000 £753 1
2000£50,000 £892 1
1999£85,2502
1998£26,333 £342 3
1996£36,000 £397 2
1995£74,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£84,333 £1,321 3
2023£83,473 £1,320 21
2022£83,233 £1,292 23
2021£77,364 £1,399 29
2020£59,325 £1,017 16
2019£70,792 £1,139 12
2018£69,458 £1,275 12
2017£86,085 £1,425 35
2016£73,880 £1,186 23
2015£73,250 £1,134 22
2014£66,817 £1,026 18
2013£59,700 £1,122 10
2012£62,750 £1,011 8
2011£72,439 £1,069 9
2010£84,499 £1,458 7
2009£87,007 £1,395 28
2008£91,043 £1,596 23
2007£93,462 £1,513 43
2006£82,299 £1,352 41
2005£78,340 £1,227 63
2004£74,089 £1,229 65
2003£58,097 £936 44
2002£36,878 £604 70
2001£28,358 £469 58
2000£29,306 £457 52
1999£29,001 £464 37
1998£23,922 £392 33
1997£23,810 £376 35
1996£20,866 £310 19
1995£24,558 £417 25

House Type in NE5 3LB area

The most common house types in the NE5 3LB postcode area are Semi-detached (116), Detached (8), and Terraced (8).

Total133
Semi-detached116
Detached8
Terraced8
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (64), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan64
Owned: Owns outright40
Private rented: Private landlord or letting agency21
Social rented: Other social rented4
Social rented: Rents from council or Local Authority3
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 3LB have 2 people in household (41), and 1 person in household (32).

2 people in household41
1 person in household32
4 people in household29
3 people in household21
5 people in household10
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0