Housing Market Analysis for REDNAM PLACE, NE5 3RG

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £67,800 median price is £67,800 Standard Deviation is £44,700 with Total Sold: 2
    • The Last 5 Year average price is £112,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 REDNAM PLACE: £112,500 (Sold on 20 Oct 2023)
    • The first recorded sale happened at this postcode is 6 REDNAM PLACE: £23,100 (Sold on 31 May 2002)
  • Semi-Detached
    • The average price is around £95,000 median price is £95,000 Standard Deviation is £5,000 with Total Sold: 2
    • The Last 5 Year average price is £95,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 18 REDNAM PLACE: £100,000 (Sold on 03 Sep 2020)
    • The first recorded sale happened at this postcode is 20 REDNAM PLACE: £90,000 (Sold on 20 Mar 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 3RG 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£112,500 £1,461 1
2002£23,100 £300 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£95,000 £1,226 2

All the Sales in the REDNAM PLACE, NE5 3RG

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

AddressSold DatePrice% Change
6 REDNAM PLACETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-197520 Oct 2023£112,500387.01%
31 May 2002£23,100First Sale
18 REDNAM PLACESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196603 Sep 2020£100,000First Sale
20 REDNAM PLACESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1967-197520 Mar 2020£90,000First Sale

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

REDNAM PLACE, NE5 3RG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £98,846 median price is £98,000 Standard Deviation is £47,120 with Total Sold: 810
    • The Last 5 Year average price is £138,475 with Total Sold: 146
    • 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 , 2 LYNTON WAY: £29,000 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £86,050 median price is £86,000 Standard Deviation is £39,155 with Total Sold: 712
    • The Last 5 Year average price is £118,790 with Total Sold: 134
    • The most recent sale happened at this postcode is , 19 YATESBURY AVENUE: £125,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 80 YATESBURY AVENUE: £33,000 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £147,080 median price is £150,000 Standard Deviation is £60,428 with Total Sold: 253
    • The Last 5 Year average price is £201,056 with Total Sold: 54
    • 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 , 3 GARTHFIELD CRESCENT: £59,950 (Sold on 25 Apr 1995)
  • Other
    • The average price is around £454,555 median price is £156,500 Standard Deviation is £749,276 with Total Sold: 12
    • The Last 5 Year average price is £531,400 with Total Sold: 6
    • 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 , 2 POOLEY CLOSE: £122,000 (Sold on 26 Mar 2014)
  • Flat
    • The average price is around £87,979 median price is £90,000 Standard Deviation is £31,865 with Total Sold: 75
    • The Last 5 Year average price is £103,271 with Total Sold: 14
    • The most recent sale happened at this postcode is , 49 GARTHFIELD CRESCENT: £130,000 (Sold on 21 Aug 2023)
    • The first recorded sale happened at this postcode is , 30 THIRLMERE WAY: £19,000 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£155,809 £2,450 16
2023£156,000 £1,736 20
2022£148,436 £1,806 28
2021£129,671 £1,626 35
2020£115,727 £1,395 23
2019£135,332 £1,588 24
2018£137,689 £1,637 45
2017£121,454 £1,509 34
2016£115,187 £1,463 24
2015£123,011 £1,402 32
2014£121,140 £1,444 41
2013£115,362 £1,508 20
2012£119,204 £1,446 33
2011£112,649 £1,468 26
2010£101,824 £1,252 13
2009£95,367 £1,017 15
2008£108,253 £1,431 20
2007£114,552 £1,474 27
2006£108,026 £1,298 25
2005£101,810 £1,323 36
2004£83,574 £1,169 31
2003£76,151 £979 36
2002£51,428 £552 34
2001£46,755 £614 39
2000£47,989 £666 54
1999£36,192 £416 20
1998£36,700 £454 16
1997£34,642 £300 19
1996£32,612 £334 12
1995£37,583 £511 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£134,217 £2,241 9
2023£123,717 £1,602 19
2022£142,750 £1,953 24
2021£116,508 £1,584 37
2020£97,167 £1,442 15
2019£105,500 £1,394 30
2018£98,518 £1,348 19
2017£100,853 £1,311 31
2016£105,013 £1,412 30
2015£89,960 £1,287 21
2014£103,265 £1,348 26
2013£111,717 £1,462 31
2012£123,050 £1,634 31
2011£108,594 £1,531 21
2010£89,006 £1,304 9
2009£84,684 £1,197 16
2008£100,362 £1,500 8
2007£104,354 £1,648 25
2006£99,447 £1,514 32
2005£91,696 £1,367 24
2004£75,715 £1,216 27
2003£66,577 £1,048 48
2002£43,809 £609 38
2001£38,338 £629 21
2000£43,112 £761 60
1999£33,929 £503 14
1998£28,370 £409 15
1997£30,518 £388 11
1996£29,748 £531 10
1995£28,763 £455 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,200 £2,579 5
2023£191,200 £2,147 5
2022£191,917 £2,256 6
2021£189,759 £2,081 16
2020£194,381 £1,900 8
2019£214,810 £2,002 14
2018£197,879 £2,074 15
2017£162,562 £1,959 8
2016£188,274 £1,935 9
2015£172,600 £1,930 4
2014£150,989 £1,701 7
2013£161,627 £1,773 11
2012£150,609 £1,771 7
2011£157,611 £1,846 9
2010£115,667 £1,483 3
2009£154,333 £1,629 3
2008£142,988 £1,652 4
2007£195,250 £1,533 4
2006£174,250 £1,951 2
2005£169,994 £1,881 8
2004£147,658 £1,833 6
2003£114,675 £1,462 10
2002£103,911 £1,074 43
2001£81,082 £790 14
2000£100,419 £975 24
1999£103,000 £752 1
1998£43,250 £400 2
1997£56,832 £674 3
1996£55,5501
1995£59,950 £419 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£115,000 £2,012 3
2022£100,0001
2019£1,371,700 £33 2
2016£136,5002
2015£728,1302
2014£268,5002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£106,000 £1,662 2
2022£119,333 £2,076 3
2021£111,325 £1,844 4
2020£91,833 £1,694 3
2019£77,500 £1,204 2
2018£59,000 £952 1
2017£101,746 £1,727 16
2016£90,017 £1,547 3
2015£67,000 £1,098 1
2014£98,300 £1,673 3
2013£87,225 £1,744 4
2012£115,700 £2,186 4
2011£78,450 £1,175 4
2010£65,000 £1,083 1
2009£48,000 £393 1
2008£68,500 £1,000 2
2007£86,500 £1,479 2
2006£85,000 £1,700 1
2005£130,333 £1,485 3
2004£73,000 £1,250 2
2003£75,6754
2001£51,317 £800 3
2000£27,0001
1999£55,825 £458 2
1997£34,950 £485 1
1995£16,500 £297 2

House Type in NE5 3RG area

The most common house types in the NE5 3RG postcode area are Semi-detached (54), Terraced (41), and Flat (31).

Total127
Semi-detached54
Terraced41
Flat31
Detached1
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: Other social rented (30), and Social rented: Rents from council or Local Authority (29).

Social rented: Other social rented30
Social rented: Rents from council or Local Authority29
Owned: Owns outright28
Owned: Owns with a mortgage or loan27
Private rented: Private landlord or letting agency6
Private rented: Other private rented4
Shared ownership: Shared ownership2
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the NE5 3RG have 1 person in household (64), and 2 people in household (38).

1 person in household64
2 people in household38
3 people in household11
4 people in household10
5 people in household2
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0