Housing Market Analysis for ELSING CLOSE, NE5 4SW

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

Overview of Sold House prices

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

Detached
- The average price is around £141,922 median price is £148,750 Standard Deviation is £51,519 with Total Sold: 20
- The Last 5 Year average price is £190,000 with Total Sold: 1
- The most recent sale happened at this postcode is 23 ELSING CLOSE: £190,000 (Sold on 22 May 2023)
- The first recorded sale happened at this postcode is 6 ELSING CLOSE: £77,000 (Sold on 19 May 1995)
Semi-Detached
- The average price is around £111,000 median price is £79,000 Standard Deviation is £52,835 with Total Sold: 9
- The most recent sale happened at this postcode is 11 ELSING CLOSE: £189,000 (Sold on 22 Sep 2017)
- The first recorded sale happened at this postcode is 32 ELSING CLOSE: £53,500 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 4SW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£190,000	£2,088	1
2018	£193,750	£2,068	2
2016	£208,000	£1,981	1
2014	£192,500	£1,833	1
2013	£157,250	£2,296	2
2012	£155,000	£1,962	1
2011	£166,500	£1,540	2
2009	£130,000	£2,073	1
2004	£230,000	£2,130	1
2002	£118,500		2
2001	£79,833	£993	3
1999	£81,500	£784	1
1996	£62,950	£755	1
1995	£77,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£189,000	£2,172	1
2013	£150,000	£2,027	1
2012	£170,000	£1,947	1
2004	£165,000	£1,890	1
2001	£77,500		2
1997	£59,000	£797	1
1996	£57,500	£669	1
1995	£53,500		1

All the Sales in the ELSING CLOSE, NE5 4SW

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

Address	Sold Date	Price	% Change
23 ELSING CLOSEDetached, LeaseholdArea: 91 Sq.mtrAge: 1983-1990	22 May 2023	£190,000	First Sale
37 ELSING CLOSEDetached, FreeholdArea: 84 Sq.mtrAge: 1983-1990	06 Jul 2018	£179,000	First Sale
9 ELSING CLOSEDetached, LeaseholdArea: 104 Sq.mtrAge: 1996-2002	06 Apr 2018	£208,500	155.83%
	30 Jun 1999	£81,500	First Sale
11 ELSING CLOSESemi-Detached, LeaseholdArea: 87 Sq.mtrAge: 1983-1990	22 Sep 2017	£189,000	First Sale
17 ELSING CLOSEDetached, FreeholdArea: 105 Sq.mtrAge: 1976-1982	11 Nov 2016	£208,000	8.05%
	23 Jun 2014	£192,500	First Sale
28 ELSING CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1991-1995	11 Oct 2013	£150,000	154.24%
	12 Sep 1997	£59,000	First Sale
20 ELSING CLOSEDetached, LeaseholdArea: 79 Sq.mtrAge: 1983-1990	07 Aug 2013	£172,000	First Sale
22 ELSING CLOSEDetached, FreeholdArea: 59 Sq.mtrAge: 1983-1990	30 Apr 2013	£142,500	First Sale
2 ELSING CLOSESemi-Detached, FreeholdArea: 87.3 Sq.mtrAge: 1983-1990	25 May 2012	£170,000	3.03%
	30 Jul 2004	£165,000	First Sale
19 ELSING CLOSEDetached, FreeholdArea: 79 Sq.mtrAge: 1983-1990	06 Jan 2012	£155,000	First Sale
30 ELSING CLOSEDetached, FreeholdArea: 134 Sq.mtrAge: 1983-1990	03 Nov 2011	£170,000	170.06%
	13 Sep 1996	£62,950	First Sale
16 ELSING CLOSEDetached, FreeholdArea: 90 Sq.mtrAge: 1983-1990	27 Apr 2011	£163,000	87.36%
	08 Oct 2001	£87,000	0.0
	08 Oct 2001	£87,000	First Sale
21 ELSING CLOSEDetached, FreeholdArea: 62.7 Sq.mtrAge: 1983-1990	30 Jul 2009	£130,000	98.47%
	30 Mar 2001	£65,500	First Sale
36 ELSING CLOSEDetached, LeaseholdArea: 108 Sq.mtrAge: 1983-1990	17 Sep 2004	£230,000	First Sale
4 ELSING CLOSEDetached, Freehold	05 Sep 2002	£138,000	First Sale
8 ELSING CLOSEDetached, Leasehold	04 Feb 2002	£99,000	First Sale
31 ELSING CLOSESemi-Detached, Leasehold	21 Sep 2001	£76,000	First Sale
32 ELSING CLOSESemi-Detached, Leasehold	27 Apr 2001	£79,000	47.66%
32 ELSING CLOSESemi-Detached, Leasehold	27 Jan 1995	£53,500	First Sale
35 ELSING CLOSESemi-Detached, LeaseholdArea: 86 Sq.mtrAge: 1983-1990	01 May 1996	£57,500	First Sale
6 ELSING CLOSEDetached, Leasehold	19 May 1995	£77,000	First Sale

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

ELSING CLOSE, NE5 4SW Near By properties

Interactive Map

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

Terraced
- The average price is around £84,504 median price is £82,250 Standard Deviation is £41,694 with Total Sold: 640
- The Last 5 Year average price is £122,587 with Total Sold: 113
- 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)
Detached
- The average price is around £154,835 median price is £168,810 Standard Deviation is £58,132 with Total Sold: 238
- The Last 5 Year average price is £223,036 with Total Sold: 25
- 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 , 12 BERRINGTON DRIVE: £89,500 (Sold on 03 Mar 1995)
Semi-Detached
- The average price is around £111,137 median price is £107,750 Standard Deviation is £61,551 with Total Sold: 570
- The Last 5 Year average price is £163,633 with Total Sold: 80
- The most recent sale happened at this postcode is , 38 REEDHAM COURT: £175,000 (Sold on 25 Mar 2024)
- The first recorded sale happened at this postcode is , 48 SHAWDON CLOSE: £34,950 (Sold on 27 Jan 1995)
Other
- The average price is around £753,793 median price is £147,475 Standard Deviation is £1,919,932 with Total Sold: 18
- The Last 5 Year average price is £895,358 with Total Sold: 13
- The most recent sale happened at this postcode is , METRO INNS HOTEL PONTELAND ROAD: £2,300,000 (Sold on 21 Mar 2024)
- The first recorded sale happened at this postcode is , 5 HENSBY COURT: £2,500 (Sold on 09 Feb 2017)
Flat
- The average price is around £57,084 median price is £50,250 Standard Deviation is £32,534 with Total Sold: 410
- The Last 5 Year average price is £69,365 with Total Sold: 66
- The most recent sale happened at this postcode is , 37 EBCHESTER COURT: £55,000 (Sold on 20 Mar 2024)
- The first recorded sale happened at this postcode is , 11 MEADOW RISE: £27,500 (Sold on 24 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£138,750	£2,152	8
2023	£138,734	£1,753	16
2022	£125,920	£1,593	21
2021	£119,309	£1,537	27
2020	£109,210	£1,299	19
2019	£117,361	£1,564	22
2018	£92,523	£1,275	22
2017	£104,429	£1,368	27
2016	£99,681	£1,280	16
2015	£98,729	£1,281	33
2014	£93,212	£1,323	13
2013	£91,521	£1,157	12
2012	£104,115	£1,198	17
2011	£77,550	£1,022	10
2010	£87,850	£1,162	10
2009	£94,349	£1,244	15
2008	£101,021	£1,313	21
2007	£110,986	£1,399	26
2006	£103,534	£1,520	29
2005	£112,500	£1,645	20
2004	£103,597	£1,335	25
2003	£70,277	£965	29
2002	£52,770	£753	39
2001	£42,567	£614	32
2000	£39,781	£586	26
1999	£39,344	£571	25
1998	£36,414	£597	19
1997	£40,523	£618	24
1996	£37,761	£561	20
1995	£36,924	£544	17

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,000	£3,041	2
2023	£210,000	£2,119	2
2022	£238,500	£2,539	4
2021	£223,990	£2,404	5
2020	£221,875	£2,159	4
2019	£210,556	£2,061	8
2018	£204,007	£2,200	16
2017	£190,375	£2,088	8
2016	£196,357	£1,936	7
2015	£188,500	£2,058	3
2014	£189,000	£2,074	9
2013	£177,442	£1,952	13
2012	£163,857	£1,969	7
2011	£212,500	£1,494	4
2010	£184,750	£2,016	4
2009	£159,700	£2,031	5
2008	£171,667	£1,787	3
2007	£212,583	£1,954	6
2006	£186,158	£1,955	11
2005	£204,700	£1,689	10
2004	£184,417	£1,858	12
2003	£145,283	£1,525	12
2002	£122,864	£1,219	11
2001	£91,491	£918	16
2000	£87,329	£788	12
1999	£80,836	£788	11
1998	£75,994	£789	9
1997	£71,238	£705	8
1996	£70,280	£628	5
1995	£73,286	£757	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£182,250	£2,398	4
2023	£162,221	£2,266	14
2022	£189,466	£2,292	16
2021	£162,869	£1,953	16
2020	£150,098	£1,994	13
2019	£147,171	£1,992	17
2018	£164,872	£1,874	16
2017	£140,258	£2,063	18
2016	£139,565	£2,139	13
2015	£137,458	£1,908	12
2014	£138,000	£1,848	7
2013	£134,083	£1,774	18
2012	£142,409	£1,660	11
2011	£127,495	£1,764	10
2010	£129,075	£2,006	10
2009	£127,500	£1,730	13
2008	£142,950	£2,037	10
2007	£149,408	£1,778	18
2006	£133,734	£1,879	34
2005	£140,668	£1,898	22
2004	£156,427	£2,083	28
2003	£100,396	£1,286	40
2002	£85,348	£1,089	44
2001	£65,322	£809	20
2000	£59,084	£759	22
1999	£48,789	£739	28
1998	£49,065	£736	23
1997	£51,104	£691	28
1996	£50,318	£598	17
1995	£41,532	£605	28

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,300,000		1
2023	£22,575	£918	2
2022	£91,750		2
2021	£120,625	£1,396	4
2020	£2,811,170	£33,899	3
2019	£195,000	£2,074	1
2018	£1,735,867		1
2017	£48,188	£959	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£72,500		2
2023	£75,825	£1,602	10
2022	£75,889	£1,212	9
2021	£79,831	£1,785	21
2020	£57,068	£1,313	11
2019	£52,896	£1,193	13
2018	£62,857	£1,186	7
2017	£51,311	£1,070	9
2016	£83,000	£1,369	7
2015	£64,903	£1,197	16
2014	£56,320	£1,152	10
2013	£52,583	£897	12
2012	£58,714	£1,049	7
2011	£49,375	£909	4
2010	£65,708	£1,339	6
2009	£74,355	£1,084	5
2008	£66,025	£1,171	4
2007	£89,219	£1,932	18
2006	£97,123	£1,600	24
2005	£85,479	£1,705	24
2004	£69,306	£1,593	25
2003	£46,852	£883	37
2002	£39,903	£847	36
2001	£28,246	£658	16
2000	£26,255	£614	22
1999	£31,106	£607	9
1998	£31,966	£724	16
1997	£25,050	£607	10
1996	£23,295	£560	11
1995	£28,156	£533	9

House Type in NE5 4SW area

The most common house types in the NE5 4SW postcode area are Detached (45), Semi-detached (45), and Flat (15).

Total	113
Detached	45
Semi-detached	45
Flat	15
Terraced	5
Shared house	3
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright	54
Owned: Owns with a mortgage or loan	35
Social rented: Rents from council or Local Authority	11
Private rented: Private landlord or letting agency	9
Shared ownership: Shared ownership	2
Does not apply	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE5 4SW have 2 people in household (50), and 1 person in household (27).

2 people in household	50
1 person in household	27
3 people in household	20
4 people in household	15
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0