Housing Market Analysis for GREELY ROAD, NE5 5LE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £95,531 median price is £102,500 Standard Deviation is £30,847 with Total Sold: 16
    • The Last 5 Year average price is £118,500 with Total Sold: 6
    • The most recent sale happened at this postcode is 60 GREELY ROAD: £87,500 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is 66 GREELY ROAD: £135,000 (Sold on 12 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 5LE 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
2023£87,500 £1,458 1
2021£122,833 £1,884 3
2020£120,000 £1,304 1
2014£100,000 £1,429 1
2013£107,000 £1,596 2
2009£100,0001
2008£95,000 £1,319 1
2004£120,0001
2001£41,000 £586 1
2000£53,250 £669 2
1998£41,0001
2024£135,000 £1,957 1

All the Sales in the GREELY ROAD, NE5 5LE

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

AddressSold DatePrice% Change
60 GREELY ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1967-197531 Mar 2023£87,500First Sale
28 GREELY ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1967-197513 Sep 2021£110,000First Sale
58 GREELY ROADTerraced, FreeholdArea: 58 Sq.mtrAge: 1967-197502 Aug 2021£123,50013.30%
12 Sep 2013£109,000First Sale
68 GREELY ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1976-198201 Apr 2021£135,000229.27%
08 Jun 2001£41,000First Sale
8 GREELY ROADTerraced, FreeholdArea: 92 Sq.mtrAge: 1976-198226 Mar 2020£120,000112.39%
27 Oct 2000£56,500First Sale
32 GREELY ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1967-197524 Nov 2014£100,000First Sale
6 GREELY ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1967-197528 Jan 2013£105,000First Sale
2 GREELY ROADTerraced, Freehold29 May 2009£100,000First Sale
26 GREELY ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1976-198223 Oct 2008£95,000First Sale
38 GREELY ROADTerraced, Freehold14 Jun 2004£120,000First Sale
66 GREELY ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1976-198204 Aug 2000£50,000-62.96%
12 Feb 2024£135,000First Sale
42 GREELY ROADTerraced, Freehold27 Feb 1998£41,000First Sale

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

GREELY ROAD, NE5 5LE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £87,862 median price is £86,000 Standard Deviation is £40,311 with Total Sold: 1,087
    • The Last 5 Year average price is £115,384 with Total Sold: 245
    • The most recent sale happened at this postcode is , 57 FENTON WALK: £77,000 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is , 73 BEAUMONT TERRACE: £13,600 (Sold on 30 Jan 1995)
  • Detached
    • The average price is around £199,074 median price is £204,950 Standard Deviation is £66,681 with Total Sold: 158
    • The Last 5 Year average price is £236,341 with Total Sold: 41
    • The most recent sale happened at this postcode is , 74 WHEATFIELD ROAD: £220,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 213 WEST AVENUE: £63,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £115,578 median price is £118,500 Standard Deviation is £52,557 with Total Sold: 676
    • The Last 5 Year average price is £158,300 with Total Sold: 143
    • The most recent sale happened at this postcode is , 96 DILSTON DRIVE: £133,200 (Sold on 13 Aug 2024)
    • The first recorded sale happened at this postcode is , 11 HORWOOD AVENUE: £67,000 (Sold on 17 Jan 1995)
  • Other
    • The average price is around £2,903,136 median price is £121,000 Standard Deviation is £8,672,554 with Total Sold: 12
    • The Last 5 Year average price is £59,033 with Total Sold: 7
    • The most recent sale happened at this postcode is , 156 WEST AVENUE: £2,000 (Sold on 09 Feb 2024)
    • The first recorded sale happened at this postcode is UNIT 21, DENTON PARK SHOPPING CENTRE WEST DENTON WAY: £31,600,000 (Sold on 15 Oct 2015)
  • Flat
    • The average price is around £60,762 median price is £42,500 Standard Deviation is £38,439 with Total Sold: 46
    • The Last 5 Year average price is £85,085 with Total Sold: 10
    • The most recent sale happened at this postcode is , 376 STAMFORDHAM ROAD: £90,000 (Sold on 04 Sep 2023)
    • The first recorded sale happened at this postcode is , 6 BIRKSHAW WALK: £13,500 (Sold on 15 Dec 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£107,314 £1,374 18
2023£127,304 £1,514 38
2022£129,594 £1,561 50
2021£124,480 £1,493 56
2020£102,513 £1,179 34
2019£93,141 £1,119 49
2018£93,706 £1,236 26
2017£106,052 £1,275 41
2016£109,397 £1,319 43
2015£93,039 £1,112 38
2014£98,458 £1,134 24
2013£102,058 £1,300 45
2012£94,062 £1,225 33
2011£92,594 £1,119 16
2010£102,579 £1,231 17
2009£86,808 £1,056 24
2008£108,063 £1,256 19
2007£105,788 £1,331 50
2006£108,219 £1,285 54
2005£95,863 £1,274 42
2004£87,574 £1,012 55
2003£66,538 £811 51
2002£58,396 £747 60
2001£42,445 £509 47
2000£42,478 £466 28
1999£37,624 £453 27
1998£38,919 £487 26
1997£36,419 £400 32
1996£34,567 £404 27
1995£35,741 £391 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£291,7504
2023£228,929 £2,784 7
2022£233,625 £2,437 4
2021£226,600 £2,213 10
2020£214,400 £2,104 5
2019£240,727 £2,168 11
2018£203,882 £2,062 8
2017£221,199 £2,168 5
2016£214,488 £2,124 25
2015£179,681 £1,803 8
2014£204,960 £2,005 11
2013£200,159 £1,911 27
2012£197,144 £2,045 9
2011£290,000 £5,800 1
2010£249,995 £2,409 1
2009£101,500 £1,140 1
2008£159,667 £1,652 3
2006£207,0001
2005£120,000 £1,656 1
2002£109,500 £1,089 2
2001£99,950 £952 1
2000£99,950 £952 1
1999£123,500 £995 2
1998£35,000 £393 1
1997£64,000 £493 2
1996£73,900 £595 5
1995£74,000 £566 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£159,400 £2,174 9
2023£160,063 £2,172 27
2022£172,175 £2,510 20
2021£166,992 £2,104 30
2020£143,483 £1,790 27
2019£151,776 £1,804 30
2018£140,280 £1,610 25
2017£145,539 £1,940 23
2016£141,370 £1,727 30
2015£144,710 £1,816 21
2014£146,872 £1,850 16
2013£124,846 £1,636 28
2012£130,932 £1,716 17
2011£120,258 £1,507 19
2010£123,400 £1,556 16
2009£115,533 £1,602 15
2008£160,050 £1,851 9
2007£149,914 £1,702 27
2006£135,981 £1,486 26
2005£127,085 £1,732 17
2004£113,882 £1,286 19
2003£83,412 £941 29
2002£70,139 £941 32
2001£69,710 £917 26
2000£57,486 £629 29
1999£59,579 £542 14
1998£49,884 £638 38
1997£57,115 £661 25
1996£51,829 £579 12
1995£51,260 £541 20
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,000 £24 1
2023£2,7001
2022£105,000 £1,749 1
2019£75,883 £33 4
2017£148,500 £1,485 2
2016£305,0001
2015£16,911,200 £19,843 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£58,333 £1,079 3
2022£95,175 £1,574 2
2021£79,000 £1,101 2
2020£129,250 £1,551 2
2019£69,000 £812 1
2017£107,750 £1,838 2
2016£76,650 £1,201 3
2015£37,500 £815 2
2014£71,667 £1,260 3
2012£36,500 £884 2
2011£89,000 £1,483 1
2007£97,000 £1,375 4
2005£89,9501
2004£59,9501
2003£28,6503
2002£26,500 £585 3
2000£53,4502
1999£15,0001
1997£30,600 £552 5
1996£27,5002
1995£13,500 £293 1

House Type in NE5 5LE area

The most common house types in the NE5 5LE postcode area are Terraced (106), Semi-detached (44), and Flat (32).

Total194
Terraced106
Semi-detached44
Flat32
Detached12
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (47), and Social rented: Other social rented (45).

Owned: Owns outright47
Social rented: Other social rented45
Owned: Owns with a mortgage or loan43
Social rented: Rents from council or Local Authority30
Private rented: Private landlord or letting agency22
Private rented: Other private rented5
Shared ownership: Shared ownership1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the NE5 5LE have 1 person in household (82), and 2 people in household (62).

1 person in household82
2 people in household62
3 people in household30
4 people in household14
5 people in household5
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0