Housing Market Analysis for MELLENDEAN CLOSE, NE5 4BE

Are you looking to understand NE5 4BE 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 4BE area, explore the NE5 4BE Area information page.
For comprehensive crime statistics in the NE5 4BE area, explore the NE5 4BE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE5 4BE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £151,400 median price is £162,125 Standard Deviation is £62,413 with Total Sold: 8
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 MELLENDEAN CLOSE: £177,000 (Sold on 26 Oct 2017)
    • The first recorded sale happened at this postcode is 3 MELLENDEAN CLOSE: £250,000 (Sold on 02 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 4BE 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£177,000 £2,153 1
2016£202,500 £2,531 1
2013£147,250 £1,841 1
2006£198,500 £2,414 1
2000£85,000 £1,034 1
1999£75,0001
1995£75,9501
2024£250,000 £3,041 1

All the Sales in the MELLENDEAN CLOSE, NE5 4BE

See the table below for more details on the sold house prices in the NE5 4BE, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
3 MELLENDEAN CLOSEDetached, LeaseholdArea: 82.22 Sq.mtrAge: 1991-199526 Oct 2017£177,000-10.83%
31 Mar 2006£198,500133.53%
26 May 2000£85,000-66.00%
02 Feb 2024£250,000First Sale
2 MELLENDEAN CLOSEDetached, FreeholdArea: 80 Sq.mtrAge: 1991-199515 Aug 2016£202,50037.52%
11 Jan 2013£147,250First Sale
5 MELLENDEAN CLOSEDetached, Leasehold02 Aug 1999£75,000-1.25%
12 May 1995£75,950First Sale

Check out the sold house prices near the NE5 4BE postcode. Properties currently for saleProperties currently for rent

MELLENDEAN CLOSE, NE5 4BE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE5 4BE 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 4BE postcode.

  • Terraced
    • The average price is around £78,594 median price is £80,000 Standard Deviation is £34,574 with Total Sold: 953
    • The Last 5 Year average price is £107,116 with Total Sold: 182
    • The most recent sale happened at this postcode is , 298 TREVELYAN DRIVE: £120,000 (Sold on 30 Aug 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 £109,133 median price is £110,000 Standard Deviation is £55,743 with Total Sold: 975
    • The Last 5 Year average price is £151,844 with Total Sold: 186
    • The most recent sale happened at this postcode is , 150 LAZONBY WAY: £187,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 48 SHAWDON CLOSE: £34,950 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £164,393 median price is £180,000 Standard Deviation is £60,941 with Total Sold: 320
    • The Last 5 Year average price is £225,444 with Total Sold: 57
    • The most recent sale happened at this postcode is , 26 OULTON CLOSE: £260,000 (Sold on 18 Jun 2024)
    • The first recorded sale happened at this postcode is , 20 STONEFOLD CLOSE: £91,500 (Sold on 25 Jan 1995)
  • Flat
    • The average price is around £56,666 median price is £54,000 Standard Deviation is £28,875 with Total Sold: 300
    • The Last 5 Year average price is £66,661 with Total Sold: 44
    • The most recent sale happened at this postcode is 3, ST JUST PLACE : £54,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 11 MEADOW RISE: £27,500 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £778,094 median price is £8,500 Standard Deviation is £2,363,193 with Total Sold: 11
    • The Last 5 Year average price is £1,214,351 with Total Sold: 7
    • 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 , 5 HENSBY COURT: £2,500 (Sold on 09 Feb 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£122,846 £1,816 13
2023£121,790 £1,587 25
2022£118,180 £1,600 32
2021£109,810 £1,495 40
2020£92,171 £1,233 35
2019£93,330 £1,247 37
2018£87,471 £1,188 35
2017£91,534 £1,219 33
2016£92,790 £1,285 34
2015£86,453 £1,147 48
2014£83,000 £1,192 20
2013£94,794 £1,280 27
2012£97,373 £1,242 29
2011£86,617 £1,201 17
2010£90,778 £1,259 16
2009£90,202 £1,186 16
2008£99,638 £1,354 28
2007£102,465 £1,356 41
2006£100,251 £1,449 45
2005£95,571 £1,518 26
2004£86,561 £1,197 37
2003£62,875 £900 51
2002£49,689 £719 62
2001£38,777 £587 40
2000£35,848 £569 28
1999£34,327 £510 31
1998£32,240 £514 29
1997£33,510 £529 24
1996£32,818 £532 29
1995£32,783 £493 25
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£171,455 £2,398 11
2023£164,831 £2,073 29
2022£170,298 £2,099 28
2021£138,653 £1,871 37
2020£127,267 £1,599 30
2019£154,123 £1,931 51
2018£149,123 £1,840 59
2017£138,167 £1,818 56
2016£135,480 £1,840 36
2015£134,305 £1,681 31
2014£135,208 £1,598 19
2013£122,018 £1,587 26
2012£122,199 £1,414 19
2011£114,796 £1,444 15
2010£115,625 £1,743 14
2009£119,972 £1,492 18
2008£131,978 £1,906 20
2007£138,144 £1,674 27
2006£122,142 £1,763 36
2005£116,183 £1,666 31
2004£132,689 £1,895 36
2003£87,453 £1,128 51
2002£76,090 £1,008 52
2001£55,961 £732 36
2000£51,969 £712 24
1999£45,570 £658 38
1998£43,783 £611 31
1997£45,595 £608 45
1996£44,763 £557 28
1995£44,002 £591 41
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£252,500 £2,851 4
2023£223,333 £2,163 6
2022£251,714 £2,460 7
2021£222,157 £2,247 7
2020£203,166 £2,097 6
2019£220,898 £2,084 27
2018£199,962 £2,145 40
2017£192,159 £2,188 17
2016£196,770 £2,041 20
2015£188,500 £2,058 3
2014£188,667 £2,068 9
2013£168,750 £1,924 11
2012£167,900 £1,869 5
2011£193,714 £1,708 7
2010£183,800 £2,039 5
2009£164,690 £1,943 5
2008£174,500 £1,787 5
2007£208,100 £2,002 5
2006£191,222 £2,112 9
2005£209,937 £1,394 8
2004£181,905 £1,840 11
2003£144,245 £1,580 10
2002£119,389 £1,151 9
2001£88,306 £893 16
2000£88,342 £853 13
1999£82,054 £819 12
1998£68,188 £740 8
1997£69,675 £703 8
1996£67,993 £677 7
1995£77,040 £728 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£76,964 £1,572 7
2022£68,333 £1,043 6
2021£83,246 £1,773 13
2020£49,156 £1,153 8
2019£50,890 £1,208 10
2018£62,857 £1,186 7
2017£56,100 £982 8
2016£65,750 £1,168 6
2015£72,621 £1,145 12
2014£60,286 £1,205 11
2013£51,938 £877 8
2012£59,875 £1,122 8
2011£62,000 £1,071 4
2010£58,750 £1,062 4
2009£74,961 £1,122 7
2008£79,550 £1,242 2
2007£78,278 £1,916 16
2006£97,100 £1,303 17
2005£79,629 £1,485 19
2004£67,817 £1,463 18
2003£49,405 £931 27
2002£33,893 £622 27
2001£25,269 £538 10
2000£24,262 £516 13
1999£21,083 £391 6
1998£25,857 £675 7
1997£15,090 £485 5
1996£24,469 £543 8
1995£25,825 £455 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£5,0001
2022£6,0002
2021£119,950 £1,518 1
2020£4,126,755 £49,723 2
2019£110,000 £1,264 1
2017£14,644 £280 4

House Type in NE5 4BE area

The most common house types in the NE5 4BE postcode area are Terraced (69), Semi-detached (24), and Flat (11).

Total113
Terraced69
Semi-detached24
Flat11
Detached7
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (34), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright34
Owned: Owns with a mortgage or loan29
Social rented: Rents from council or Local Authority22
Social rented: Other social rented14
Private rented: Private landlord or letting agency10
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 4BE have 1 person in household (50), and 2 people in household (42).

1 person in household50
2 people in household42
3 people in household12
4 people in household11
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0