Housing Market Analysis for HEDGEHOPE ROAD, NE5 4LA

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

Overview of Sold House prices

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

Terraced
- The average price is around £64,967 median price is £69,000 Standard Deviation is £26,700 with Total Sold: 15
- The Last 5 Year average price is £92,000 with Total Sold: 2
- The most recent sale happened at this postcode is 88 HEDGEHOPE ROAD: £115,000 (Sold on 18 Aug 2023)
- The first recorded sale happened at this postcode is 102 HEDGEHOPE ROAD: £21,500 (Sold on 28 Aug 1998)
Flat
- The average price is around £72,000 median price is £72,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 92 HEDGEHOPE ROAD: £72,000 (Sold on 13 Jul 2007)
- The first recorded sale happened at this postcode is 92 HEDGEHOPE ROAD: £72,000 (Sold on 13 Jul 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 4LA 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£115,000	£1,620	1
2020	£69,000	£885	1
2017	£97,000	£1,366	1
2015	£73,000	£1,028	1
2011	£75,500	£951	2
2009	£63,000	£821	1
2007	£87,500	£1,195	2
2006	£43,000		1
2003	£70,000	£909	1
2001	£35,000	£449	1
2000	£31,000	£414	2
1998	£21,500	£283	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£72,000	£1,756	1

All the Sales in the HEDGEHOPE ROAD, NE5 4LA

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

Address	Sold Date	Price	% Change
88 HEDGEHOPE ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1950-1966	18 Aug 2023	£115,000	18.56%
	26 May 2017	£97,000	32.88%
	05 Jun 2015	£73,000	First Sale
98 HEDGEHOPE ROADTerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	06 Mar 2020	£69,000	97.14%
	31 Aug 2001	£35,000	First Sale
108 HEDGEHOPE ROADTerraced, FreeholdArea: 78.66 Sq.mtrAge: 1950-1966	31 May 2011	£66,000	135.71%
	30 Jun 2000	£28,000	First Sale
80 HEDGEHOPE ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1967-1975	07 Mar 2011	£85,000	First Sale
72 HEDGEHOPE ROADTerraced, FreeholdArea: 76.74 Sq.mtrAge: 1967-1975	22 Dec 2009	£63,000	First Sale
92 HEDGEHOPE ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1950-1966	13 Jul 2007	£72,000	First Sale
68 HEDGEHOPE ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	15 Jun 2007	£92,000	First Sale
76 HEDGEHOPE ROADTerraced, Leasehold	30 May 2007	£83,000	93.02%
76 HEDGEHOPE ROADTerraced, Leasehold	07 Dec 2006	£43,000	First Sale
70 HEDGEHOPE ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	17 Oct 2003	£70,000	First Sale
64 HEDGEHOPE ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	18 Aug 2000	£34,000	First Sale
102 HEDGEHOPE ROADTerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	28 Aug 1998	£21,500	First Sale

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

HEDGEHOPE ROAD, NE5 4LA Near By properties

Interactive Map

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

Terraced
- The average price is around £78,013 median price is £79,000 Standard Deviation is £33,561 with Total Sold: 603
- The Last 5 Year average price is £104,929 with Total Sold: 110
- 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 £109,100 median price is £107,500 Standard Deviation is £60,082 with Total Sold: 521
- The Last 5 Year average price is £153,409 with Total Sold: 90
- 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 £157,053 median price is £171,000 Standard Deviation is £63,941 with Total Sold: 223
- The Last 5 Year average price is £236,376 with Total Sold: 21
- 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 £58,317 median price is £57,000 Standard Deviation is £31,911 with Total Sold: 152
- The Last 5 Year average price is £85,264 with Total Sold: 18
- The most recent sale happened at this postcode is , 23 HAGGERSTON CRESCENT: £98,000 (Sold on 26 Jun 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 £1,502,351 median price is £143,000 Standard Deviation is £2,629,443 with Total Sold: 17
- The Last 5 Year average price is £2,409,566 with Total Sold: 7
- The most recent sale happened at this postcode is , 28 HICKLING COURT: £8,500 (Sold on 15 Nov 2022)
- The first recorded sale happened at this postcode is , NEWBIGGIN HALL CLINIC TREVELYAN DRIVE: £63,000 (Sold on 05 Feb 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£116,500	£1,734	8
2023	£120,681	£1,539	18
2022	£113,658	£1,509	21
2021	£104,162	£1,318	21
2020	£93,571	£1,112	21
2019	£90,414	£1,113	21
2018	£86,121	£1,144	29
2017	£88,832	£1,146	23
2016	£88,082	£1,107	17
2015	£86,836	£1,123	36
2014	£81,268	£1,130	14
2013	£80,705	£1,031	11
2012	£84,934	£1,041	16
2011	£72,833	£995	9
2010	£87,883	£1,107	9
2009	£91,046	£1,163	16
2008	£102,705	£1,354	19
2007	£101,050	£1,274	33
2006	£99,079	£1,437	31
2005	£96,220	£1,547	20
2004	£92,819	£1,103	17
2003	£62,216	£904	27
2002	£51,433	£735	38
2001	£38,619	£571	27
2000	£36,815	£575	20
1999	£35,534	£529	19
1998	£33,248	£558	13
1997	£33,826	£572	17
1996	£34,251	£538	19
1995	£33,958	£493	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£185,000	£2,398	5
2023	£158,257	£2,173	14
2022	£177,063	£2,185	15
2021	£143,953	£1,917	18
2020	£133,290	£1,694	13
2019	£147,455	£2,007	25
2018	£152,859	£1,992	19
2017	£142,488	£1,919	23
2016	£148,205	£2,070	21
2015	£140,750	£1,997	10
2014	£142,217	£1,791	9
2013	£126,000	£1,695	15
2012	£142,083	£1,674	6
2011	£142,490	£1,700	5
2010	£117,393	£2,095	7
2009	£124,538	£1,601	13
2008	£130,214	£2,341	7
2007	£142,608	£1,750	13
2006	£126,017	£1,896	23
2005	£131,118	£1,867	17
2004	£140,319	£1,992	29
2003	£88,318	£1,182	34
2002	£83,937	£1,045	41
2001	£56,356	£730	16
2000	£54,612	£778	16
1999	£44,463	£648	26
1998	£47,306	£713	16
1997	£49,993	£740	21
1996	£47,996	£596	14
1995	£44,687	£623	30

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,000	£3,041	2
2023	£238,000	£1,866	2
2022	£286,800	£2,534	5
2021	£223,738	£2,442	4
2020	£218,332	£2,258	3
2019	£198,789	£2,156	5
2018	£200,692	£2,148	20
2017	£191,702	£2,224	11
2016	£191,271	£2,033	9
2015	£188,500	£2,058	3
2014	£188,875	£2,043	8
2013	£177,325	£2,027	10
2012	£167,900	£1,869	5
2011	£211,200	£1,638	5
2010	£184,750	£2,016	4
2009	£164,690	£1,943	5
2008	£173,125	£1,787	4
2007	£208,100	£2,002	5
2006	£190,750	£2,083	8
2005	£209,937	£1,394	8
2004	£183,100	£1,858	10
2003	£164,562	£1,485	8
2002	£119,389	£1,151	9
2001	£97,600	£899	14
2000	£87,768	£831	11
1999	£79,522	£788	9
1998	£74,143	£740	7
1997	£69,986	£705	7
1996	£70,280	£628	5
1995	£78,756	£764	17

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£67,938	£1,583	4
2022	£74,750	£1,017	4
2021	£118,583	£2,150	6
2020	£67,500	£1,192	2
2019	£58,750	£1,798	2
2018	£71,250	£1,219	4
2017	£53,000	£823	2
2016	£66,500	£957	2
2015	£71,850	£1,089	7
2014	£58,650	£1,139	8
2013	£53,500	£858	6
2012	£51,000	£914	3
2011	£79,000	£1,065	1
2010	£53,000	£736	1
2009	£73,944	£1,063	4
2008	£79,550	£1,242	2
2007	£83,000	£1,980	6
2006	£98,800	£1,227	10
2005	£77,405	£1,445	11
2004	£63,650	£1,695	8
2003	£53,859	£1,002	11
2002	£34,769	£605	11
2001	£25,399	£521	8
2000	£25,064	£504	7
1999	£24,500	£357	3
1998	£32,000	£675	5
1997	£16,000		1
1996	£24,469	£543	8
1995	£25,390	£462	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£91,750		2
2021	£119,950	£1,518	1
2020	£4,140,878	£65,501	4
2018	£1,444,333		3
2017	£846,400	£50	5
2016	£45,000		1
2015	£63,000		1

House Type in NE5 4LA area

The most common house types in the NE5 4LA postcode area are Terraced (87), Flat (13), and Semi-detached (11).

Total	114
Terraced	87
Flat	13
Semi-detached	11
Detached	2
converted building	1
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (37), and Owned: Owns outright (28).

Social rented: Rents from council or Local Authority	37
Owned: Owns outright	28
Owned: Owns with a mortgage or loan	21
Private rented: Private landlord or letting agency	17
Social rented: Other social rented	10
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE5 4LA have 1 person in household (39), and 2 people in household (31).

1 person in household	39
2 people in household	31
3 people in household	23
4 people in household	15
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0