Housing Market Analysis for REDCLIFFE WAY, NE5 3TT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £81,726 median price is £73,725 Standard Deviation is £29,909 with Total Sold: 6
    • The most recent sale happened at this postcode is 18 REDCLIFFE WAY: £77,500 (Sold on 14 Apr 2011)
    • The first recorded sale happened at this postcode is 6 REDCLIFFE WAY: £42,000 (Sold on 20 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 3TT 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
2011£77,500 £1,211 1
2008£125,000 £1,374 1
2006£116,955 £1,827 1
2002£64,4502
1996£42,000 £462 1

All the Sales in the REDCLIFFE WAY, NE5 3TT

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

AddressSold DatePrice% Change
18 REDCLIFFE WAYTerraced, FreeholdArea: 64.02 Sq.mtrAge: 1967-197514 Apr 2011£77,500-33.74%
16 Jun 2006£116,955First Sale
6 REDCLIFFE WAYTerraced, FreeholdArea: 91 Sq.mtrAge: 1967-197502 May 2008£125,000197.62%
20 Sep 1996£42,000First Sale
16 REDCLIFFE WAYTerraced, Freehold01 Nov 2002£69,95018.66%
28 Mar 2002£58,950First Sale

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

REDCLIFFE WAY, NE5 3TT Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £99,213 median price is £95,000 Standard Deviation is £47,893 with Total Sold: 1,020
    • The Last 5 Year average price is £127,597 with Total Sold: 224
    • The most recent sale happened at this postcode is , 38 ASHOVER ROAD: £187,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 9 TREDEGAR CLOSE: £36,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £111,461 median price is £112,000 Standard Deviation is £55,971 with Total Sold: 869
    • The Last 5 Year average price is £150,934 with Total Sold: 188
    • The most recent sale happened at this postcode is , 7 FOXGLOVE WALK: £160,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 LYNTON WAY: £29,000 (Sold on 10 Feb 1995)
  • Flat
    • The average price is around £70,424 median price is £66,250 Standard Deviation is £35,946 with Total Sold: 392
    • The Last 5 Year average price is £77,952 with Total Sold: 86
    • The most recent sale happened at this postcode is , 2 DOWDING LANE: £93,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is , 11 MEADOW RISE: £27,500 (Sold on 24 Mar 1995)
  • Detached
    • The average price is around £173,187 median price is £185,995 Standard Deviation is £65,687 with Total Sold: 281
    • The Last 5 Year average price is £230,042 with Total Sold: 55
    • The most recent sale happened at this postcode is , 3 MELLENDEAN CLOSE: £250,000 (Sold on 02 Feb 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 £806,283 median price is £77,438 Standard Deviation is £2,037,914 with Total Sold: 16
    • The Last 5 Year average price is £1,141,815 with Total Sold: 11
    • The most recent sale happened at this postcode is , 7 DRUMSHEUGH PLACE: £5,000 (Sold on 23 Jun 2023)
    • The first recorded sale happened at this postcode is , 8 ROWAN WAY: £112,995 (Sold on 23 Dec 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£146,278 £2,281 18
2023£149,373 £1,847 31
2022£137,014 £1,718 42
2021£124,259 £1,570 54
2020£104,087 £1,332 34
2019£118,101 £1,580 45
2018£109,062 £1,363 32
2017£112,140 £1,529 32
2016£112,598 £1,405 39
2015£103,720 £1,338 35
2014£101,645 £1,404 22
2013£104,637 £1,388 27
2012£106,370 £1,353 34
2011£97,315 £1,301 19
2010£98,764 £1,295 17
2009£104,444 £1,244 19
2008£123,548 £1,462 35
2007£148,022 £1,679 80
2006£113,631 £1,510 99
2005£107,938 £1,579 25
2004£76,604 £1,097 33
2003£61,719 £846 42
2002£50,897 £686 49
2001£41,313 £618 26
2000£38,056 £603 24
1999£34,569 £536 24
1998£32,047 £527 25
1997£37,240 £557 21
1996£32,824 £527 20
1995£31,787 £503 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£166,639 £2,465 14
2023£167,694 £2,194 31
2022£164,492 £2,077 30
2021£134,636 £1,856 29
2020£126,838 £1,587 24
2019£149,346 £1,979 60
2018£144,997 £1,837 60
2017£139,226 £1,808 55
2016£137,494 £1,918 35
2015£127,386 £1,678 22
2014£123,735 £1,520 17
2013£116,406 £1,565 22
2012£113,993 £1,408 25
2011£104,868 £1,437 18
2010£115,250 £1,818 12
2009£115,941 £1,465 17
2008£120,472 £1,749 16
2007£141,804 £1,823 29
2006£117,033 £1,712 34
2005£116,289 £1,781 30
2004£126,002 £1,817 30
2003£85,418 £1,052 39
2002£76,197 £972 41
2001£48,311 £676 31
2000£48,360 £635 20
1999£44,739 £685 29
1998£41,928 £581 23
1997£43,024 £618 27
1996£42,956 £590 17
1995£43,583 £635 32
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£93,0001
2023£88,483 £1,682 15
2022£93,921 £1,648 19
2021£78,902 £1,593 23
2020£62,604 £1,364 12
2019£58,322 £1,240 16
2018£77,182 £1,476 11
2017£88,138 £1,618 27
2016£63,400 £1,418 5
2015£70,233 £1,218 15
2014£78,715 £1,594 10
2013£64,483 £1,236 15
2012£67,667 £1,266 9
2011£37,375 £718 4
2010£67,036 £1,214 7
2009£91,034 £1,506 10
2008£55,000 £1,067 3
2007£107,050 £2,163 37
2006£108,621 £1,851 29
2005£82,000 £1,703 14
2004£67,309 £1,566 16
2003£46,099 £888 28
2002£33,505 £671 23
2001£21,938 £633 8
2000£20,460 £492 15
1999£10,0002
1998£25,333 £727 6
1997£9,700 £187 5
1996£14,167 £501 3
1995£25,750 £537 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,000 £2,851 3
2023£230,000 £2,175 6
2022£263,286 £2,461 7
2021£240,585 £2,264 7
2020£203,166 £2,097 6
2019£222,163 £2,129 26
2018£205,000 £2,159 32
2017£190,483 £2,045 18
2016£198,274 £2,103 16
2015£180,500 £2,124 1
2014£185,083 £1,988 6
2013£173,375 £1,772 10
2012£163,711 £1,813 6
2011£183,249 £1,910 4
2010£171,500 £1,910 6
2009£174,983 £1,814 3
2008£193,671 £1,868 9
2007£217,988 £2,069 10
2006£201,748 £2,112 12
2005£213,582 £1,394 6
2004£188,825 £1,822 6
2003£144,717 £1,559 9
2002£123,500 £1,213 5
2001£90,454 £863 12
2000£120,379 £854 14
1999£81,238 £881 8
1998£68,188 £740 8
1997£68,725 £790 4
1996£79,167 £669 3
1995£77,853 £745 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£22,250 £918 2
2022£6,0002
2021£159,975 £1,749 2
2020£3,111,170 £49,723 3
2019£1,425,000 £1,264 2
2017£56,894 £809 4
2016£112,995 £1,852 1

House Type in NE5 3TT area

The most common house types in the NE5 3TT postcode area are Terraced (62), Semi-detached (51), and Detached (4).

Total119
Terraced62
Semi-detached51
Detached4
Flat1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (40), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright40
Owned: Owns with a mortgage or loan27
Social rented: Rents from council or Local Authority27
Private rented: Private landlord or letting agency14
Social rented: Other social rented6
Private rented: Other private rented6
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE5 3TT have 1 person in household (49), and 2 people in household (37).

1 person in household49
2 people in household37
3 people in household19
4 people in household9
5 people in household5
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0