Housing Market Analysis for THE GROVE, NE5 5AX

Are you looking to understand NE5 5AX 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 5AX area, explore the NE5 5AX Area information page.
For comprehensive crime statistics in the NE5 5AX area, explore the NE5 5AX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE5 5AX postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £95,585 median price is £104,000 Standard Deviation is £43,901 with Total Sold: 45
- The Last 5 Year average price is £154,700 with Total Sold: 5
- The most recent sale happened at this postcode is 29 THE GROVE: £235,000 (Sold on 22 Sep 2023)
- The first recorded sale happened at this postcode is 23 THE GROVE: £155,500 (Sold on 19 Apr 2024)
Terraced
- The average price is around £94,888 median price is £111,750 Standard Deviation is £32,918 with Total Sold: 4
- The Last 5 Year average price is £112,500 with Total Sold: 1
- The most recent sale happened at this postcode is 61 THE GROVE: £112,500 (Sold on 29 May 2019)
- The first recorded sale happened at this postcode is 31 THE GROVE: £38,050 (Sold on 01 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 5AX 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£235,000	£1,865	1
2022	£127,667	£1,420	3
2017	£124,500	£1,436	2
2016	£112,000	£1,262	1
2015	£107,625	£1,205	2
2014	£107,333	£1,244	3
2013	£102,000	£1,197	1
2011	£101,750	£1,150	2
2010	£111,317	£1,278	3
2009	£117,500	£1,154	2
2008	£165,000	£1,310	1
2007	£150,000	£1,310	2
2006	£124,000	£1,455	1
2004	£119,750	£1,404	2
2003	£93,250	£1,054	2
2002	£56,154	£534	5
2000	£48,000	£565	2
1999	£41,250		3
1998	£44,250	£499	2
1997	£37,063		2
1996	£28,000		1
1995	£49,000	£389	1
2024	£155,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£112,500	£1,223	1
2004	£114,500	£1,194	2
1997	£38,050		1

All the Sales in the THE GROVE, NE5 5AX

See the table below for more details on the sold house prices in the NE5 5AX, Newcastle upon Tyne postcode.

Address	Sold Date	Price	% Change
29 THE GROVESemi-Detached, FreeholdArea: 126 Sq.mtrAge: 1930-1949	22 Sep 2023	£235,000	88.00%
	09 Jun 2009	£125,000	-24.24%
	29 Aug 2008	£165,000	0.0
	20 Jul 2007	£165,000	236.73%
	30 Jun 1995	£49,000	First Sale
5 THE GROVESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1930-1949	27 May 2022	£115,000	75.04%
	01 May 2002	£65,700	56.43%
	27 Feb 1998	£42,000	First Sale
1 THE GROVESemi-Detached, FreeholdArea: 92.26 Sq.mtrAge: 1930-1949	04 Mar 2022	£140,000	17.65%
	27 Aug 2010	£119,000	First Sale
23 THE GROVESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	03 Mar 2022	£128,000	21.90%
	20 Jan 2014	£105,000	-32.48%
	19 Apr 2024	£155,500	First Sale
61 THE GROVETerraced, FreeholdArea: 92 Sq.mtrAge: 1930-1949	29 May 2019	£112,500	First Sale
35 THE GROVESemi-Detached, FreeholdArea: 88.23 Sq.mtrAge: 1930-1949	04 Dec 2017	£126,000	6.11%
	15 May 2015	£118,750	20.56%
	06 Jun 2011	£98,500	1.55%
	24 Oct 2003	£97,000	294.79%
	28 Jan 2002	£24,570	First Sale
39 THE GROVESemi-Detached, FreeholdArea: 85.2 Sq.mtrAge: 1950-1966	20 Oct 2017	£123,000	4.28%
	18 May 2010	£117,950	First Sale
15 THE GROVESemi-Detached, FreeholdArea: 88.74 Sq.mtrAge: 1950-1966	15 Jul 2016	£112,000	6.67%
	15 Sep 2011	£105,000	17.32%
	01 Aug 2003	£89,500	First Sale
53 THE GROVESemi-Detached, FreeholdArea: 90.61 Sq.mtrAge: 1930-1949	13 Mar 2015	£96,500	First Sale
31 THE GROVESemi-Detached, Freehold	17 Oct 2014	£113,000	-4.24%
	21 Apr 2004	£118,000	210.12%
	01 Oct 1997	£38,050	First Sale
13 THE GROVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	17 Jan 2014	£104,000	-10.73%
	09 Jul 2004	£116,500	First Sale
21 THE GROVESemi-Detached, FreeholdArea: 85.2 Sq.mtrAge: 1930-1949	10 May 2013	£102,000	-17.74%
	28 Jul 2006	£124,000	136.19%
	25 Oct 2002	£52,500	First Sale
25 THE GROVESemi-Detached, FreeholdArea: 83.6 Sq.mtrAge: 1930-1949	13 Apr 2010	£97,000	-11.82%
	18 Dec 2009	£110,000	First Sale
49 THE GROVESemi-Detached, Freehold	02 Aug 2007	£135,000	145.45%
49 THE GROVESemi-Detached, Freehold	20 Aug 2002	£55,000	First Sale
55 THE GROVETerraced, FreeholdArea: 93 Sq.mtrAge: 1950-1966	29 Oct 2004	£111,000	First Sale
41 THE GROVESemi-Detached, Freehold	28 May 2004	£123,000	48.19%
	11 Oct 2002	£83,000	72.92%
	17 Apr 2000	£48,000	First Sale
7 THE GROVESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-1949	05 May 2000	£48,000	3.23%
	02 Oct 1998	£46,500	First Sale
27 THE GROVESemi-Detached, Freehold	20 Aug 1999	£38,250	First Sale
11 THE GROVESemi-Detached, Freehold	23 Jul 1999	£42,000	First Sale
17 THE GROVESemi-Detached, Freehold	16 Apr 1999	£43,500	17.57%
17 THE GROVESemi-Detached, Freehold	08 Aug 1997	£37,000	First Sale
19 THE GROVESemi-Detached, Freehold	10 Jan 1997	£37,126	First Sale
63 THE GROVESemi-Detached, Freehold	31 Jul 1996	£28,000	First Sale

Check out the sold house prices near the NE5 5AX postcode. Properties currently for saleProperties currently for rent

THE GROVE, NE5 5AX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE5 5AX 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 5AX postcode.

Semi-Detached
- The average price is around £112,740 median price is £112,000 Standard Deviation is £52,555 with Total Sold: 1,082
- The Last 5 Year average price is £163,452 with Total Sold: 200
- The most recent sale happened at this postcode is , 19 HILLHEAD DRIVE: £189,500 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 52 WESTERN AVENUE: £49,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £172,832 median price is £179,998 Standard Deviation is £71,374 with Total Sold: 164
- The Last 5 Year average price is £222,000 with Total Sold: 27
- The most recent sale happened at this postcode is , 38 OLD SCHOOL DRIVE: £290,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 5 MOSS CLOSE: £58,950 (Sold on 12 Jan 1995)
Flat
- The average price is around £56,875 median price is £59,950 Standard Deviation is £28,041 with Total Sold: 273
- The Last 5 Year average price is £75,552 with Total Sold: 41
- The most recent sale happened at this postcode is , 74 AVALON DRIVE: £84,950 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 27 HARLE CLOSE: £27,750 (Sold on 24 Jan 1995)
Terraced
- The average price is around £102,895 median price is £100,000 Standard Deviation is £48,762 with Total Sold: 744
- The Last 5 Year average price is £141,537 with Total Sold: 142
- The most recent sale happened at this postcode is , 24 BIRKSHAW WALK: £95,000 (Sold on 22 Jul 2024)
- The first recorded sale happened at this postcode is , 47 ASHDALE CRESCENT: £56,500 (Sold on 19 Jan 1995)
Other
- The average price is around £489,764 median price is £180,000 Standard Deviation is £1,013,315 with Total Sold: 13
- The Last 5 Year average price is £228,152 with Total Sold: 9
- The most recent sale happened at this postcode is , 31 AISGILL DRIVE: £232,000 (Sold on 23 Jun 2023)
- The first recorded sale happened at this postcode is , THE JOHN GILPIN THE BURNSIDE: £237,500 (Sold on 18 Jun 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£162,944	£1,548	15
2023	£158,014	£1,946	26
2022	£189,074	£2,213	45
2021	£165,166	£1,943	44
2020	£150,220	£1,825	33
2019	£146,082	£1,662	37
2018	£132,604	£1,674	41
2017	£137,209	£1,487	38
2016	£139,860	£1,539	31
2015	£140,046	£1,775	49
2014	£134,623	£1,558	48
2013	£111,656	£1,483	32
2012	£126,155	£1,401	29
2011	£123,030	£1,394	23
2010	£119,998	£1,402	25
2009	£123,776	£1,478	29
2008	£121,141	£1,441	23
2007	£136,919	£1,596	54
2006	£141,554	£1,583	34
2005	£127,847	£1,566	30
2004	£120,651	£1,559	28
2003	£96,318	£1,109	51
2002	£67,758	£792	40
2001	£63,978	£764	50
2000	£58,351	£599	39
1999	£49,057	£565	42
1998	£46,414	£522	35
1997	£48,520	£580	41
1996	£45,293	£570	37
1995	£50,885	£586	33

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£290,000		1
2023	£248,333	£2,569	6
2022	£258,250	£2,380	6
2021	£197,857	£2,554	7
2020	£178,900	£1,925	5
2019	£192,500	£2,047	2
2018	£215,582	£2,612	6
2017	£189,600	£2,361	6
2016	£204,316	£2,097	13
2015	£223,775	£2,431	28
2014	£201,356	£2,177	11
2013	£110,530	£1,340	5
2012	£142,483	£1,258	3
2011	£162,000	£1,696	1
2010	£147,000	£2,079	4
2009	£140,000		1
2008	£82,000	£1,291	1
2007	£195,300	£1,589	5
2006	£190,000	£1,810	5
2005	£157,000	£1,987	3
2004	£144,000		3
2003	£180,643	£1,464	7
2002	£120,200	£1,223	5
2001	£61,500	£681	3
2000	£79,490	£917	5
1999	£76,500	£1,000	2
1998	£69,650	£457	3
1997	£61,500	£782	4
1996	£74,557	£564	7
1995	£70,633	£776	6

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£101,180	£1,750	5
2023	£78,000	£1,344	5
2022	£77,239	£1,281	9
2021	£71,475	£1,392	12
2020	£80,000	£1,318	4
2019	£54,817	£1,017	6
2018	£66,333	£1,173	3
2017	£59,564	£1,381	7
2016	£87,485	£1,433	7
2015	£59,359	£1,025	11
2014	£63,125	£1,244	8
2013	£56,600	£1,036	5
2012	£66,312	£1,511	8
2011	£68,990	£1,470	5
2010	£69,992	£1,307	6
2009	£64,250	£987	2
2008	£75,284	£1,568	8
2007	£82,871	£1,686	12
2006	£79,265	£1,709	13
2005	£79,725	£1,500	12
2004	£72,390	£1,499	10
2003	£45,865	£1,006	17
2002	£32,359	£656	16
2001	£49,723	£798	11
2000	£28,223	£578	13
1999	£24,773	£768	11
1998	£35,508	£638	18
1997	£30,050	£672	10
1996	£39,089	£654	9
1995	£25,310	£393	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£141,495	£2,031	11
2023	£155,411	£1,672	28
2022	£157,708	£1,885	26
2021	£130,606	£1,611	32
2020	£138,235	£1,748	17
2019	£127,162	£1,609	28
2018	£125,300	£1,485	26
2017	£126,058	£1,504	20
2016	£134,446	£1,837	17
2015	£135,757	£1,635	33
2014	£115,565	£1,515	28
2013	£103,468	£1,346	11
2012	£103,679	£1,465	14
2011	£119,358	£1,568	18
2010	£116,068	£1,179	11
2009	£123,095	£1,566	10
2008	£124,623	£1,674	16
2007	£143,879	£1,858	36
2006	£129,021	£1,549	34
2005	£127,657	£1,691	28
2004	£113,032	£1,418	33
2003	£96,715	£1,170	24
2002	£67,099	£984	29
2001	£57,634	£745	44
2000	£50,214	£675	22
1999	£47,779	£684	31
1998	£44,319	£644	27
1997	£46,191	£613	38
1996	£42,620	£572	28
1995	£42,948	£664	24

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£81,372	£1,064	3
2022	£436,417	£5,294	3
2021	£175,000	£2,208	2
2019	£150,000		1
2018	£1,000	£15	1
2017	£200,070	£1,870	1
2016	£3,874,999		1
2014	£237,500		1

House Type in NE5 5AX area

The most common house types in the NE5 5AX postcode area are Semi-detached (113), Detached (1), and Terraced (1).

Total	116
Semi-detached	113
Detached	1
Terraced	1
Flat	1
Shared house	0
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 with a mortgage or loan (46), and Owned: Owns outright (35).

Owned: Owns with a mortgage or loan	46
Owned: Owns outright	35
Social rented: Rents from council or Local Authority	22
Private rented: Private landlord or letting agency	6
Social rented: Other social rented	4
Private rented: Other private rented	3
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 5AX have 2 people in household (38), and 1 person in household (26).

2 people in household	38
1 person in household	26
3 people in household	23
4 people in household	20
5 people in household	8
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0