Housing Market Analysis for WALTHAM PLACE, NE5 3RR

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £86,800 median price is £100,000 Standard Deviation is £40,086 with Total Sold: 5
    • The Last 5 Year average price is £116,500 with Total Sold: 3
    • The most recent sale happened at this postcode is 6 WALTHAM PLACE: £104,500 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is 6 WALTHAM PLACE: £145,000 (Sold on 17 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 3RR 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£104,500 £1,229 1
2021£100,000 £1,020 1
2015£52,000 £634 1
2002£32,500 £428 1
2024£145,0001

All the Sales in the WALTHAM PLACE, NE5 3RR

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

AddressSold DatePrice% Change
6 WALTHAM PLACETerraced, FreeholdArea: 85 Sq.mtrAge: 1976-198203 Nov 2023£104,500221.54%
27 May 2002£32,500-77.59%
17 Jun 2024£145,000First Sale
7 WALTHAM PLACETerraced, FreeholdArea: 98 Sq.mtrAge: 1976-198216 Nov 2021£100,000First Sale
11 WALTHAM PLACETerraced, FreeholdArea: 82 Sq.mtrAge: 1976-198231 Jul 2015£52,000First Sale

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

WALTHAM PLACE, NE5 3RR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £113,027 median price is £115,000 Standard Deviation is £51,358 with Total Sold: 972
    • The Last 5 Year average price is £153,613 with Total Sold: 252
    • 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 £94,837 median price is £92,000 Standard Deviation is £45,091 with Total Sold: 603
    • The Last 5 Year average price is £128,055 with Total Sold: 157
    • 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 £172,338 median price is £184,498 Standard Deviation is £66,399 with Total Sold: 270
    • The Last 5 Year average price is £225,456 with Total Sold: 75
    • 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 £287,421 median price is £110,000 Standard Deviation is £710,687 with Total Sold: 13
    • The Last 5 Year average price is £412,862 with Total Sold: 8
    • 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 £89,885 median price is £98,972 Standard Deviation is £31,064 with Total Sold: 70
    • The Last 5 Year average price is £103,093 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 , 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£161,497 £2,655 18
2023£161,661 £1,938 31
2022£157,828 £1,998 43
2021£145,160 £1,798 55
2020£144,780 £1,726 39
2019£157,200 £1,972 66
2018£144,213 £1,842 75
2017£132,585 £1,692 54
2016£129,307 £1,689 36
2015£123,733 £1,432 38
2014£126,391 £1,465 43
2013£118,079 £1,543 22
2012£116,449 £1,422 37
2011£112,013 £1,457 26
2010£109,208 £1,320 12
2009£108,375 £1,270 20
2008£103,864 £1,220 18
2007£116,688 £1,449 26
2006£113,263 £1,360 23
2005£104,093 £1,353 34
2004£87,919 £1,174 27
2003£83,690 £954 30
2002£67,942 £849 42
2001£42,050 £555 33
2000£36,786 £429 24
1999£40,387 £466 24
1998£39,529 £499 21
1997£38,780 £382 22
1996£35,454 £439 14
1995£46,432 £662 19
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£139,7789
2023£137,054 £1,818 21
2022£144,400 £1,950 25
2021£124,133 £1,777 45
2020£113,123 £1,724 20
2019£121,894 £1,686 37
2018£121,416 £1,672 25
2017£117,836 £1,579 36
2016£108,030 £1,467 30
2015£84,436 £1,158 21
2014£104,997 £1,336 22
2013£119,889 £1,566 25
2012£123,131 £1,630 31
2011£104,249 £1,486 22
2010£86,625 £1,222 8
2009£77,744 £959 8
2008£95,306 £1,230 8
2007£101,488 £1,522 16
2006£89,053 £1,340 16
2005£96,863 £1,359 15
2004£69,071 £1,055 19
2003£53,911 £767 25
2002£42,120 £572 33
2001£37,806 £610 16
2000£28,795 £491 10
1999£33,800 £503 15
1998£28,343 £427 14
1997£30,861 £404 9
1996£30,541 £513 11
1995£30,330 £468 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£232,857 £2,616 7
2023£226,889 £2,353 9
2022£246,335 £2,478 10
2021£222,014 £2,203 10
2020£212,053 £2,193 9
2019£221,509 £2,164 30
2018£204,457 £2,200 28
2017£187,964 £2,094 15
2016£196,635 £2,060 14
2015£175,225 £2,017 2
2014£184,776 £2,012 7
2013£166,629 £1,868 7
2012£148,953 £1,924 5
2011£171,650 £1,903 10
2010£159,429 £1,807 7
2009£174,9501
2008£174,500 £1,787 5
2007£205,167 £2,117 3
2006£198,000 £2,204 5
2005£235,374 £1,394 4
2004£180,421 £1,786 7
2003£143,207 £1,630 7
2002£123,750 £1,213 4
2001£89,371 £862 12
2000£131,482 £897 11
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
2021£4,400 £59 1
2019£1,425,000 £1,264 2
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£79,460 £1,473 5
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£71,375 £1,224 4
2014£109,450 £1,916 2
2013£90,967 £1,654 3
2012£106,160 £2,046 5
2011£78,333 £1,351 3
2010£65,000 £1,083 1
2009£77,950 £1,257 1
2008£60,000 £1,000 1
2007£82,000 £1,660 1
2006£119,975 £1,869 2
2005£94,500 £1,491 2
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 3RR area

The most common house types in the NE5 3RR 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 3RR 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