Housing Market Analysis for WEST THORP, NE5 4LU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £34,000 median price is £34,000 Standard Deviation is £24,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 111 WEST THORP: £58,000 (Sold on 23 Apr 2010)
    • The first recorded sale happened at this postcode is 109 WEST THORP: £10,000 (Sold on 27 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 4LU 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
2010£58,000 £706 1
1996£10,0001

All the Sales in the WEST THORP, NE5 4LU

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

AddressSold DatePrice% Change
111 WEST THORPTerraced, FreeholdArea: 82.21 Sq.mtrAge: 1950-196623 Apr 2010£58,000First Sale
109 WEST THORPTerraced, Freehold27 Mar 1996£10,000First Sale

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

WEST THORP, NE5 4LU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £87,839 median price is £84,747 Standard Deviation is £40,316 with Total Sold: 350
    • The Last 5 Year average price is £106,996 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 £101,393 median price is £102,000 Standard Deviation is £47,285 with Total Sold: 318
    • The Last 5 Year average price is £142,528 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 £60,042 median price is £57,500 Standard Deviation is £31,878 with Total Sold: 205
    • The Last 5 Year average price is £73,618 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£106,6005
2023£122,591 £1,473 16
2022£109,436 £1,374 14
2021£98,433 £1,273 12
2020£118,995 £1,663 10
2019£92,760 £1,196 21
2018£94,650 £1,179 10
2017£93,000 £1,058 8
2016£83,208 £1,164 6
2015£78,708 £932 12
2014£93,214 £1,100 7
2013£99,325 £1,122 6
2012£61,571 £715 7
2011£101,879 £1,155 12
2010£88,850 £1,038 7
2009£90,250 £1,161 8
2008£107,636 £1,366 11
2007£109,684 £1,354 20
2006£94,696 £1,026 14
2005£97,100 £1,215 15
2004£111,781 £1,412 28
2003£91,577 £921 29
2002£59,883 £714 9
2001£46,996 £558 11
2000£37,873 £720 11
1999£48,082 £559 11
1998£30,945 £389 10
1997£40,650 £278 3
1996£34,462 £414 8
1995£40,428 £434 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£151,246 £1,967 14
2020£123,286 £1,492 7
2019£124,821 £1,412 14
2018£135,390 £2,199 5
2017£132,188 £1,839 8
2016£126,487 £1,598 10
2015£136,795 £1,728 10
2014£123,246 £1,447 14
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£92,100 £1,038 5
2008£101,064 £1,320 7
2007£129,279 £1,570 12
2006£130,650 £1,309 14
2005£150,779 £1,657 7
2004£104,516 £1,142 20
2003£79,075 £879 12
2002£74,575 £1,033 16
2001£52,059 £643 10
2000£56,253 £739 46
1999£41,217 £453 9
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£70,667 £1,301 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£55,988 £858 4
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 4LU area

The most common house types in the NE5 4LU 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 4LU 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