Housing Market Analysis for WESTERN AVENUE, NE5 5BU

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £104,000 median price is £112,500 Standard Deviation is £36,506 with Total Sold: 17
- The Last 5 Year average price is £145,000 with Total Sold: 4
- The most recent sale happened at this postcode is 38 WESTERN AVENUE: £182,500 (Sold on 24 Aug 2022)
- The first recorded sale happened at this postcode is 38 WESTERN AVENUE: £57,000 (Sold on 26 Jun 1999)
Terraced
- The average price is around £96,638 median price is £108,000 Standard Deviation is £37,718 with Total Sold: 13
- The Last 5 Year average price is £135,333 with Total Sold: 3
- The most recent sale happened at this postcode is 24 WESTERN AVENUE: £110,000 (Sold on 17 Dec 2021)
- The first recorded sale happened at this postcode is 12 WESTERN AVENUE: £37,000 (Sold on 28 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 5BU 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
2022	£176,250	£1,493	2
2019	£113,750	£1,250	2
2016	£120,000	£1,319	1
2015	£108,000	£1,421	1
2014	£115,000	£1,215	1
2013	£79,000	£1,078	2
2008	£78,750	£919	2
2007	£135,000	£1,484	1
2006	£112,500	£1,308	2
2001	£53,000	£572	1
2000	£59,500	£572	1
1999	£57,000	£548	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£110,000	£1,222	1
2020	£132,000	£1,630	1
2019	£164,000	£1,657	1
2017	£122,000	£1,495	1
2016	£114,000	£1,407	1
2010	£96,300	£1,180	1
2005	£132,000	£1,394	1
2004	£108,000		1
2003	£78,000	£824	1
2002	£79,000		1
1999	£42,000	£412	2
1995	£37,000		1

All the Sales in the WESTERN AVENUE, NE5 5BU

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

Address	Sold Date	Price	% Change
38 WESTERN AVENUESemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1950-1966	24 Aug 2022	£182,500	206.72%
	14 Jun 2000	£59,500	4.39%
	26 Jun 1999	£57,000	First Sale
2 WESTERN AVENUESemi-Detached, FreeholdArea: 138 Sq.mtrAge: 1930-1949	11 Mar 2022	£170,000	First Sale
24 WESTERN AVENUETerraced, FreeholdArea: 90 Sq.mtrAge: 1930-1949	17 Dec 2021	£110,000	First Sale
10 WESTERN AVENUETerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	10 Jul 2020	£132,000	15.79%
	23 Jun 2016	£114,000	First Sale
18 WESTERN AVENUESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1967-1975	16 Dec 2019	£112,500	-2.17%
	04 Nov 2019	£115,000	-14.81%
	15 Jun 2007	£135,000	First Sale
36 WESTERN AVENUETerraced, FreeholdArea: 99 Sq.mtrAge: 1950-1966	18 Oct 2019	£164,000	First Sale
14 WESTERN AVENUETerraced, FreeholdArea: 81.62 Sq.mtrAge: 1930-1949	02 Aug 2017	£122,000	26.69%
	10 Mar 2010	£96,300	First Sale
30 WESTERN AVENUESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1930-1949	26 Sep 2016	£120,000	First Sale
32 WESTERN AVENUESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-1949	04 Dec 2015	£108,000	First Sale
8 WESTERN AVENUESemi-Detached, FreeholdArea: 94.66 Sq.mtrAge: 1950-1966	28 Feb 2014	£115,000	-12.88%
	21 Sep 2005	£132,000	69.23%
	22 Dec 2003	£78,000	100.00%
	16 Apr 1999	£39,000	First Sale
20 WESTERN AVENUESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1950-1966	30 Sep 2013	£80,000	First Sale
40 WESTERN AVENUESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	28 Mar 2013	£78,000	First Sale
6 WESTERN AVENUESemi-Detached, FreeholdArea: 82.38 Sq.mtrAge: 1930-1949	01 Jul 2008	£102,500	First Sale
28 WESTERN AVENUESemi-Detached, FreeholdArea: 92.67 Sq.mtrAge: 1930-1949	30 Jun 2008	£55,000	3.77%
	12 Oct 2001	£53,000	First Sale
34 WESTERN AVENUESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	01 Dec 2006	£112,500	0.0
	03 Feb 2006	£112,500	First Sale
4 WESTERN AVENUETerraced, Freehold	12 Mar 2004	£108,000	First Sale
12 WESTERN AVENUETerraced, Freehold	29 Nov 2002	£79,000	75.56%
	27 Aug 1999	£45,000	21.62%
	28 Jul 1995	£37,000	First Sale

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

WESTERN AVENUE, NE5 5BU Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £102,794 median price is £104,000 Standard Deviation is £48,458 with Total Sold: 961
- The Last 5 Year average price is £148,210 with Total Sold: 171
- 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 , 50 BROADWAY: £45,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £164,192 median price is £172,000 Standard Deviation is £70,457 with Total Sold: 170
- The Last 5 Year average price is £205,672 with Total Sold: 29
- 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 , 47 BROADWAY: £44,000 (Sold on 31 Mar 1995)
Flat
- The average price is around £54,828 median price is £57,500 Standard Deviation is £26,209 with Total Sold: 321
- The Last 5 Year average price is £74,993 with Total Sold: 56
- 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 £98,990 median price is £100,000 Standard Deviation is £43,649 with Total Sold: 682
- The Last 5 Year average price is £129,858 with Total Sold: 145
- 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 , 80 ROSEDALE COURT: £32,500 (Sold on 27 Jan 1995)
Other
- The average price is around £421,207 median price is £160,000 Standard Deviation is £1,045,444 with Total Sold: 12
- The Last 5 Year average price is £105,767 with Total Sold: 7
- The most recent sale happened at this postcode is , 3 COBALT CLOSE: £2,867 (Sold on 31 Jan 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	£149,034	£1,368	12
2023	£150,609	£1,790	31
2022	£159,185	£1,873	33
2021	£155,259	£1,775	44
2020	£140,183	£1,615	23
2019	£127,786	£1,476	28
2018	£130,692	£1,603	43
2017	£120,478	£1,374	31
2016	£127,204	£1,431	33
2015	£133,393	£1,624	39
2014	£123,501	£1,398	37
2013	£97,659	£1,184	27
2012	£101,247	£1,140	18
2011	£113,060	£1,279	25
2010	£102,260	£1,169	21
2009	£110,161	£1,305	26
2008	£120,112	£1,426	24
2007	£127,942	£1,440	45
2006	£132,850	£1,272	37
2005	£120,873	£1,452	28
2004	£112,538	£1,516	31
2003	£86,168	£927	40
2002	£59,912	£698	42
2001	£59,092	£618	45
2000	£50,947	£546	35
1999	£41,758	£443	33
1998	£42,949	£455	38
1997	£41,612	£498	27
1996	£40,948	£440	30
1995	£46,397	£541	35

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£290,000		1
2023	£220,833	£2,328	6
2022	£237,900	£2,376	5
2021	£193,167	£2,412	9
2020	£175,375	£1,912	4
2019	£179,999	£2,022	4
2018	£210,496	£2,315	11
2017	£193,250	£2,091	4
2016	£207,768	£2,215	6
2015	£215,390	£2,330	30
2014	£190,951	£2,041	13
2013	£149,050	£1,577	3
2012	£150,080	£1,395	5
2011	£162,000	£1,696	1
2010	£70,000	£1,045	1
2009	£140,000		1
2008	£158,500	£1,366	2
2007	£203,790		5
2006	£189,390	£1,895	5
2005	£143,833		3
2004	£137,500	£1,372	2
2003	£160,990	£1,344	5
2002	£105,611	£1,002	9
2001	£65,400	£681	5
2000	£77,362	£711	8
1999	£75,000		1
1998	£54,750	£605	4
1997	£64,000	£824	5
1996	£64,317	£505	6
1995	£68,142	£783	6

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£104,733	£1,750	6
2023	£69,250	£1,270	8
2022	£78,800	£1,327	12
2021	£70,669	£1,367	16
2020	£76,600	£1,258	5
2019	£61,989	£1,092	9
2018	£58,658	£1,059	6
2017	£61,161	£1,298	9
2016	£80,711	£1,362	9
2015	£59,359	£1,025	11
2014	£63,125	£1,244	8
2013	£60,719	£1,114	8
2012	£58,500	£1,286	5
2011	£52,317	£1,278	6
2010	£69,992	£1,307	6
2009	£64,250	£987	2
2008	£75,808	£1,539	9
2007	£83,425	£1,570	14
2006	£79,080	£1,664	15
2005	£74,813	£1,420	15
2004	£68,650	£1,422	12
2003	£47,461	£952	22
2002	£32,805	£648	22
2001	£32,044	£632	9
2000	£25,027	£536	15
1999	£25,846	£727	13
1998	£23,656	£554	17
1997	£27,205	£580	11
1996	£25,978	£537	9
1995	£24,133	£397	12

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£139,450	£2,031	11
2023	£140,288	£1,546	26
2022	£144,665	£1,735	24
2021	£122,714	£1,508	32
2020	£123,565	£1,539	24
2019	£117,269	£1,525	28
2018	£125,861	£1,594	45
2017	£106,833	£1,369	17
2016	£132,913	£1,660	15
2015	£134,661	£1,579	31
2014	£111,229	£1,461	22
2013	£99,924	£1,292	17
2012	£92,129	£1,271	12
2011	£104,625	£1,501	16
2010	£111,393	£1,159	14
2009	£106,430	£1,369	15
2008	£117,823	£1,420	14
2007	£130,642	£1,675	26
2006	£124,537	£1,444	35
2005	£113,547	£1,454	19
2004	£95,319	£1,310	27
2003	£85,190	£957	20
2002	£63,274	£852	24
2001	£50,720	£657	28
2000	£47,800	£538	18
1999	£48,085	£625	34
1998	£40,636	£586	23
1997	£44,156	£593	27
1996	£40,214	£531	18
1995	£41,412	£643	20

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£6,058	£90	2
2022	£114,125	£1,012	2
2021	£175,000	£2,208	2
2019	£150,000		1
2018	£1,000	£15	1
2017	£200,070	£1,870	1
2016	£1,937,774	£8	2
2014	£237,500		1

House Type in NE5 5BU area

The most common house types in the NE5 5BU postcode area are Semi-detached (117), Terraced (9), and Detached (7).

Total	136
Semi-detached	117
Terraced	9
Detached	7
commercial building	3
Flat	0
Shared house	0
converted 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 (62), and Owned: Owns outright (45).

Owned: Owns with a mortgage or loan	62
Owned: Owns outright	45
Private rented: Private landlord or letting agency	22
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	3
Social rented: Other social rented	1
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 5BU have 2 people in household (59), and 3 people in household (24).

2 people in household	59
3 people in household	24
1 person in household	23
4 people in household	22
5 people in household	6
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0