Housing Market Analysis for PEONY PLACE, NE6 1LU

Are you looking to understand NE6 1LU 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 NE6 1LU area, explore the NE6 1LU Area information page.
For comprehensive crime statistics in the NE6 1LU area, explore the NE6 1LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE6 1LU postcode area, The average prices are as follows,

  • Flat
    • The average price is around £148,729 median price is £122,250 Standard Deviation is £46,823 with Total Sold: 12
    • The Last 5 Year average price is £133,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 PEONY PLACE: £133,000 (Sold on 13 Jul 2020)
    • The first recorded sale happened at this postcode is 2 PEONY PLACE: £119,500 (Sold on 15 Jun 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE6 1LU 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£133,000 £3,093 1
2018£127,500 £3,039 2
2015£155,194 £2,518 9

All the Sales in the PEONY PLACE, NE6 1LU

See the table below for more details on the sold house prices in the NE6 1LU, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
1 PEONY PLACEFlat, LeaseholdArea: 43 Sq.mtr13 Jul 2020£133,0006.40%
06 Jul 2018£125,0005.04%
22 Jun 2015£119,000First Sale
2 PEONY PLACEFlat, LeaseholdArea: 41 Sq.mtr15 Nov 2018£130,0008.79%
15 Jun 2015£119,500First Sale
7 PEONY PLACEFlat, LeaseholdArea: 122 Sq.mtr22 Jun 2015£236,250First Sale
3 PEONY PLACEFlat, LeaseholdArea: 41 Sq.mtr19 Jun 2015£119,000First Sale
8 PEONY PLACEFlat, LeaseholdArea: 135 Sq.mtr17 Jun 2015£239,500First Sale
6 PEONY PLACEFlat, LeaseholdArea: 43 Sq.mtr16 Jun 2015£115,500First Sale
4 PEONY PLACEFlat, LeaseholdArea: 43 Sq.mtr16 Jun 2015£119,000First Sale
5 PEONY PLACEFlat, LeaseholdArea: 98 Sq.mtr16 Jun 2015£210,000First Sale
9 PEONY PLACEFlat, LeaseholdArea: 43 Sq.mtr15 Jun 2015£119,000First Sale

Check out the sold house prices near the NE6 1LU postcode. Properties currently for saleProperties currently for rent

PEONY PLACE, NE6 1LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE6 1LU 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 NE6 1LU postcode.

  • Flat
    • The average price is around £163,813 median price is £160,000 Standard Deviation is £73,130 with Total Sold: 1,284
    • The Last 5 Year average price is £189,208 with Total Sold: 202
    • The most recent sale happened at this postcode is 4, HIGH QUAY CITY ROAD: £171,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 113 WALKER ROAD: £32,950 (Sold on 09 Mar 1995)
  • Other
    • The average price is around £7,410,445 median price is £270,000 Standard Deviation is £52,398,673 with Total Sold: 72
    • The Last 5 Year average price is £634,885 with Total Sold: 34
    • The most recent sale happened at this postcode is , 117 ALBION ROW: £115,550 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 4A STEPNEY ROAD: £500,000 (Sold on 03 Nov 2014)
  • Terraced
    • The average price is around £123,630 median price is £91,500 Standard Deviation is £84,926 with Total Sold: 122
    • The Last 5 Year average price is £144,568 with Total Sold: 23
    • The most recent sale happened at this postcode is , 125 WALKER ROAD: £152,500 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 29 HEATON PARK ROAD: £40,000 (Sold on 06 Mar 1995)
  • Semi-Detached
    • The average price is around £100,000 median price is £88,000 Standard Deviation is £22,862 with Total Sold: 3
    • The Last 5 Year average price is £110,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 37 RED BARNS: £132,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is , 149 WALKER ROAD: £80,000 (Sold on 03 Aug 2009)
  • Detached
    • The average price is around £232,329 median price is £205,000 Standard Deviation is £130,903 with Total Sold: 12
    • The Last 5 Year average price is £420,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 6 RIVERSIDE WALK: £420,000 (Sold on 20 Nov 2020)
    • The first recorded sale happened at this postcode is UNIT 1, OUSEBURN HOUSE, 7 - 17 LIME STREET: £45,000 (Sold on 23 Oct 1998)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£163,103 £2,226 15
2023£167,204 £2,486 27
2022£200,231 £2,387 33
2021£214,921 £2,599 63
2020£166,231 £2,197 27
2019£179,003 £2,476 37
2018£149,819 £2,373 30
2017£154,028 £2,342 52
2016£158,272 £2,112 52
2015£173,874 £2,316 78
2014£136,278 £1,781 25
2013£135,565 £2,084 27
2012£148,747 £1,996 17
2011£132,298 £1,988 20
2010£151,920 £2,110 25
2009£165,696 £2,458 14
2008£193,067 £1,990 23
2007£178,733 £2,543 93
2006£170,695 £2,783 187
2005£180,517 £2,786 29
2004£185,617 £2,590 48
2003£182,166 £2,761 117
2002£155,722 £1,357 35
2001£162,575 £1,602 65
2000£129,717 £2,064 49
1999£97,225 £321 18
1998£98,33052
1997£82,17619
1996£34,725 £666 2
1995£30,160 £600 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£192,5507
2023£106,667 £2,447 3
2022£236,6676
2021£2,240,711 £10,436 7
2020£145,0002
2019£280,361 £1,724 9
2018£31,727,19915
2017£544,695 £796 10
2016£3,624,1258
2015£279,5004
2014£500,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£111,250 £875 2
2023£137,210 £1,645 5
2022£161,500 £823 3
2021£132,813 £1,571 7
2020£167,053 £1,797 6
2018£144,167 £1,359 3
2017£212,404 £2,404 12
2016£180,590 £2,108 5
2015£195,981 £2,054 16
2014£85,125 £1,377 2
2013£62,000 £753 2
2012£76,625 £869 4
2011£72,500 £1,252 4
2010£91,000 £1,211 2
2009£77,500 £789 2
2008£83,750 £945 2
2007£118,000 £1,161 3
2006£144,400 £2,812 5
2005£69,375 £809 4
2004£89,300 £770 5
2003£101,143 £589 7
2002£140,0001
2001£31,857 £278 7
2000£39,000 £395 3
1999£30,750 £380 2
1998£24,000 £200 2
1997£45,0001
1996£58,750 £321 2
1995£27,500 £260 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£110,000 £1,589 2
2009£80,000 £1,000 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£420,000 £2,838 1
2018£400,000 £2,703 1
2017£160,000 £2,078 1
2016£350,000 £2,365 1
2015£228,000 £1,924 2
2005£373,5001
2004£250,0001
2002£145,0001
1999£94,2252
1998£45,0001

House Type in NE6 1LU area

The most common house types in the NE6 1LU postcode area are Flat (129), Terraced (38), and Shared house (30).

Total214
Flat129
Terraced38
Shared house30
Semi-detached12
Detached5
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (95), and Owned: Owns with a mortgage or loan (44).

Private rented: Private landlord or letting agency95
Owned: Owns with a mortgage or loan44
Owned: Owns outright23
Social rented: Other social rented22
Social rented: Rents from council or Local Authority20
Private rented: Other private rented4
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE6 1LU have 1 person in household (97), and 2 people in household (85).

1 person in household97
2 people in household85
3 people in household14
4 people in household7
6 people in household5
5 people in household4
0 people in household0
7 people in household0
8 or more people in household0