Housing Market Analysis for WEST THORP, NE5 4LR

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £46,438 median price is £45,750 Standard Deviation is £8,144 with Total Sold: 4
    • The most recent sale happened at this postcode is 7 WEST THORP: £56,750 (Sold on 19 Feb 2016)
    • The first recorded sale happened at this postcode is 1 WEST THORP: £37,500 (Sold on 09 Aug 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 4LR 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
2016£56,750 £737 1
2015£39,500 £513 1
2010£52,000 £627 1
2002£37,500 £455 1

All the Sales in the WEST THORP, NE5 4LR

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

AddressSold DatePrice% Change
7 WEST THORPTerraced, FreeholdArea: 77 Sq.mtrAge: 1967-197519 Feb 2016£56,75043.67%
03 Jul 2015£39,500First Sale
1 WEST THORPTerraced, FreeholdArea: 83 Sq.mtrAge: 1967-197505 Mar 2010£52,00038.67%
09 Aug 2002£37,500First Sale

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

WEST THORP, NE5 4LR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £86,485 median price is £83,750 Standard Deviation is £40,336 with Total Sold: 370
    • The Last 5 Year average price is £106,796 with Total Sold: 78
    • The most recent sale happened at this postcode is , 110 LOWBIGGIN: £125,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 BEDEBURN ROAD: £47,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £102,095 median price is £100,000 Standard Deviation is £47,052 with Total Sold: 299
    • The Last 5 Year average price is £141,253 with Total Sold: 51
    • The most recent sale happened at this postcode is , 175 HAREYDENE: £117,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is , 64 WESTGARTH: £53,500 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £59,760 median price is £56,750 Standard Deviation is £31,793 with Total Sold: 206
    • The Last 5 Year average price is £72,136 with Total Sold: 28
    • The most recent sale happened at this postcode is , 37 BLUEBELL DENE: £64,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , 40 BLUEBELL DENE: £26,950 (Sold on 07 Apr 1995)
  • Detached
    • The average price is around £159,660 median price is £156,000 Standard Deviation is £97,356 with Total Sold: 28
    • The Last 5 Year average price is £298,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 3, PECKS HOUSE FARM COTTAGES NEWBIGGIN LANE: £480,000 (Sold on 01 Sep 2022)
    • The first recorded sale happened at this postcode is , 22 DENESIDE: £57,000 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £1,455,383 median price is £480,500 Standard Deviation is £2,284,233 with Total Sold: 12
    • The Last 5 Year average price is £2,774,200 with Total Sold: 3
    • The most recent sale happened at this postcode is , NEWBIGGIN HALL SURGERY TREVELYAN DRIVE: £60,000 (Sold on 06 Oct 2020)
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£108,8336
2023£120,674 £1,442 17
2022£105,235 £1,345 13
2021£98,933 £1,273 12
2020£118,995 £1,663 10
2019£94,022 £1,215 20
2018£93,909 £1,162 11
2017£87,292 £999 12
2016£84,650 £1,147 8
2015£77,049 £911 10
2014£97,136 £1,144 7
2013£99,325 £1,122 6
2012£64,429 £728 7
2011£104,641 £1,190 11
2010£90,325 £1,052 6
2009£95,333 £1,267 6
2008£107,636 £1,366 11
2007£112,431 £1,375 20
2006£98,617 £1,059 15
2005£98,567 £1,225 15
2004£108,152 £1,373 32
2003£90,135 £921 31
2002£58,890 £714 10
2001£45,497 £541 14
2000£37,550 £720 12
1999£42,264 £487 15
1998£31,586 £391 11
1997£40,088 £278 4
1996£34,744 £414 9
1995£41,422 £453 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£117,000 £1,345 1
2023£174,286 £2,453 7
2022£150,500 £2,156 8
2021£144,962 £1,915 16
2020£121,500 £1,514 6
2019£124,192 £1,394 13
2018£135,390 £2,199 5
2017£132,188 £1,839 8
2016£125,541 £1,591 9
2015£136,795 £1,728 10
2014£123,115 £1,436 13
2013£130,182 £1,463 11
2012£122,500 £1,560 8
2011£120,858 £1,441 6
2010£123,333 £1,466 9
2009£83,375 £861 4
2008£95,408 £1,176 6
2007£128,047 £1,529 11
2006£136,514 £1,296 11
2005£150,779 £1,657 7
2004£113,241 £1,248 14
2003£83,491 £879 11
2002£74,575 £1,033 16
2001£52,059 £643 10
2000£56,482 £739 45
1999£48,825 £550 6
1998£48,611 £684 9
1997£41,056 £432 8
1996£51,900 £635 5
1995£48,875 £648 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£65,940 £1,086 5
2022£56,833 £1,045 3
2021£81,462 £1,344 8
2020£68,988 £1,061 8
2019£79,000 £926 4
2018£58,707 £921 7
2017£74,929 £1,039 7
2016£53,490 £787 5
2015£55,714 £839 7
2014£53,000 £855 4
2013£57,200 £837 5
2012£63,620 £966 4
2011£68,000 £1,080 3
2010£65,000 £956 1
2009£63,833 £1,007 3
2008£76,000 £1,235 6
2007£103,990 £694 5
2006£72,127 £1,144 8
2005£80,359 £1,342 16
2004£89,541 £1,585 11
2003£64,259 £1,018 27
2002£50,100 £475 14
2001£26,207 £329 7
2000£30,317 £490 6
1999£26,944 £395 9
1998£24,325 £349 6
1997£30,494 £452 9
1996£20,800 £363 4
1995£28,362 £407 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£480,000 £2,513 1
2021£207,500 £1,945 2
2018£177,000 £1,702 1
2015£185,000 £1,525 3
2014£165,000 £1,634 1
2007£220,100 £2,030 3
2005£154,000 £1,771 3
2003£242,250 £1,150 2
2002£130,875 £864 2
2001£200,000 £1,047 1
2000£78,156 £767 6
1998£32,000 £320 1
1997£52,0001
1995£57,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£4,155,000 £97,059 2
2019£12,6001
2018£1,444,3333
2017£1,175,2504
2016£45,0001
2015£63,0001

House Type in NE5 4LR area

The most common house types in the NE5 4LR postcode area are Terraced (53), Semi-detached (49), and Detached (13).

Total117
Terraced53
Semi-detached49
Detached13
Shared house1
converted building1
Flat0
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 (54), and Owned: Owns outright (32).

Social rented: Rents from council or Local Authority54
Owned: Owns outright32
Owned: Owns with a mortgage or loan16
Private rented: Private landlord or letting agency7
Social rented: Other social rented5
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE5 4LR have 1 person in household (36), and 2 people in household (35).

1 person in household36
2 people in household35
4 people in household22
3 people in household20
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0