Housing Market Analysis for MELVIN PLACE, NE5 3RQ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £58,750 median price is £58,750 Standard Deviation is £23,250 with Total Sold: 2
    • The Last 5 Year average price is £82,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 14 MELVIN PLACE: £82,000 (Sold on 05 Mar 2020)
    • The first recorded sale happened at this postcode is 14 MELVIN PLACE: £35,500 (Sold on 31 Mar 2003)
  • Terraced
    • The average price is around £53,625 median price is £50,750 Standard Deviation is £13,488 with Total Sold: 4
    • The most recent sale happened at this postcode is 4 MELVIN PLACE: £75,000 (Sold on 28 Apr 2017)
    • The first recorded sale happened at this postcode is 3 MELVIN PLACE: £38,000 (Sold on 26 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 3RQ 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
2020£82,000 £739 1
2003£35,500 £320 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£75,000 £833 1
2004£48,500 £539 1
2003£53,000 £624 1
1997£38,000 £447 1

All the Sales in the MELVIN PLACE, NE5 3RQ

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

AddressSold DatePrice% Change
14 MELVIN PLACESemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1950-196605 Mar 2020£82,000130.99%
31 Mar 2003£35,500First Sale
4 MELVIN PLACETerraced, FreeholdArea: 90 Sq.mtrAge: 1967-197528 Apr 2017£75,00054.64%
30 Jan 2004£48,500First Sale
3 MELVIN PLACETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196611 Dec 2003£53,00039.47%
26 Sep 1997£38,000First Sale

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

MELVIN PLACE, NE5 3RQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £113,829 median price is £115,995 Standard Deviation is £50,654 with Total Sold: 1,009
    • The Last 5 Year average price is £154,215 with Total Sold: 243
    • 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 £91,562 median price is £90,000 Standard Deviation is £43,071 with Total Sold: 611
    • The Last 5 Year average price is £122,765 with Total Sold: 141
    • 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 £164,429 median price is £176,995 Standard Deviation is £64,757 with Total Sold: 319
    • The Last 5 Year average price is £220,449 with Total Sold: 70
    • 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 , 20 STONEFOLD CLOSE: £91,500 (Sold on 25 Jan 1995)
  • Other
    • The average price is around £329,279 median price is £112,995 Standard Deviation is £764,861 with Total Sold: 11
    • The Last 5 Year average price is £531,417 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 , GARAGE, 1 THOMASTON COURT: £148,000 (Sold on 29 Jul 2016)
  • Flat
    • The average price is around £93,284 median price is £99,995 Standard Deviation is £31,626 with Total Sold: 65
    • The Last 5 Year average price is £114,715 with Total Sold: 13
    • 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 , 134 ROUNDHILL AVENUE: £14,000 (Sold on 15 Dec 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£162,648 £2,655 20
2023£166,786 £2,005 35
2022£162,557 £2,000 38
2021£142,487 £1,816 52
2020£147,403 £1,769 42
2019£153,685 £1,898 56
2018£147,023 £1,883 80
2017£137,420 £1,724 61
2016£133,013 £1,708 40
2015£124,124 £1,455 39
2014£128,313 £1,501 44
2013£117,030 £1,534 24
2012£117,841 £1,437 36
2011£114,147 £1,504 26
2010£110,231 £1,359 13
2009£110,921 £1,317 19
2008£108,803 £1,411 20
2007£118,592 £1,500 26
2006£117,372 £1,379 25
2005£106,535 £1,400 33
2004£89,360 £1,231 30
2003£85,253 £1,060 36
2002£68,701 £843 45
2001£45,022 £602 31
2000£48,350 £668 38
1999£40,387 £466 24
1998£39,529 £499 21
1997£39,439 £395 22
1996£35,834 £430 16
1995£49,659 £662 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,80010
2023£129,562 £1,705 18
2022£143,333 £1,913 24
2021£123,065 £1,748 46
2020£100,466 £1,553 15
2019£107,562 £1,469 28
2018£113,436 £1,518 25
2017£112,686 £1,513 35
2016£110,014 £1,482 27
2015£84,408 £1,146 20
2014£103,143 £1,328 24
2013£117,138 £1,541 27
2012£123,131 £1,630 31
2011£106,713 £1,522 21
2010£86,450 £1,197 9
2009£79,369 £922 8
2008£98,685 £1,311 10
2007£101,878 £1,530 18
2006£92,361 £1,424 19
2005£96,553 £1,359 18
2004£70,267 £1,055 20
2003£55,988 £760 27
2002£46,096 £621 34
2001£37,806 £610 16
2000£40,862 £634 19
1999£33,929 £503 14
1998£28,331 £407 16
1997£30,861 £404 9
1996£30,541 £513 11
1995£30,469 £468 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£232,667 £2,579 6
2023£225,625 £2,300 8
2022£238,111 £2,285 9
2021£205,845 £2,055 12
2020£206,598 £1,942 10
2019£222,051 £2,097 25
2018£203,470 £2,194 33
2017£190,259 £2,113 20
2016£196,635 £2,060 14
2015£164,317 £1,986 3
2014£185,429 £1,971 8
2013£170,822 £1,832 9
2012£150,109 £1,844 7
2011£171,650 £1,903 10
2010£159,429 £1,807 7
2009£166,475 £1,775 2
2008£160,658 £1,649 6
2007£197,750 £1,971 6
2006£198,000 £2,204 5
2005£226,916 £1,500 6
2004£180,988 £1,787 8
2003£137,235 £1,542 10
2002£111,072 £1,018 20
2001£87,635 £830 17
2000£113,038 £937 17
1999£84,738 £848 8
1998£65,750 £667 6
1997£61,733 £681 6
1996£73,262 £669 4
1995£78,109 £728 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£115,000 £2,012 3
2022£51,7502
2019£2,740,0001
2017£23,788 £510 2
2016£128,665 £1,852 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£132,000 £1,993 3
2022£119,333 £2,076 3
2021£111,325 £1,844 4
2020£101,000 £1,948 2
2019£90,000 £1,452 1
2017£103,662 £1,704 18
2016£100,025 £1,792 2
2015£73,000 £1,183 3
2014£109,450 £1,916 2
2013£90,967 £1,654 3
2012£115,700 £2,186 4
2011£78,333 £1,351 3
2010£65,000 £1,083 1
2009£77,950 £1,257 1
2008£60,000 £1,000 1
2006£119,975 £1,869 2
2005£129,000 £1,767 1
2004£73,667 £1,139 3
2003£51,688 £546 4
2001£16,0001
1999£33,000 £458 1
1997£34,950 £485 1
1995£14,0001

House Type in NE5 3RQ area

The most common house types in the NE5 3RQ postcode area are Semi-detached (77), Terraced (27), and Detached (13).

Total117
Semi-detached77
Terraced27
Detached13
Flat0
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 (29).

Social rented: Rents from council or Local Authority36
Owned: Owns outright29
Owned: Owns with a mortgage or loan21
Private rented: Private landlord or letting agency14
Shared ownership: Shared ownership10
Social rented: Other social rented3
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE5 3RQ have 1 person in household (44), and 2 people in household (35).

1 person in household44
2 people in household35
3 people in household18
4 people in household9
5 people in household4
6 people in household3
8 or more people in household2
7 people in household1
0 people in household0