Housing Market Analysis for MORALEE CLOSE, NE7 7GE

Are you looking to understand NE7 7GE 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 NE7 7GE area, explore the NE7 7GE Area information page.
For comprehensive crime statistics in the NE7 7GE area, explore the NE7 7GE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE7 7GE postcode area, The average prices are as follows,

Detached
- The average price is around £233,752 median price is £169,950 Standard Deviation is £105,112 with Total Sold: 29
- The Last 5 Year average price is £425,000 with Total Sold: 3
- The most recent sale happened at this postcode is 9 MORALEE CLOSE: £525,000 (Sold on 25 Aug 2022)
- The first recorded sale happened at this postcode is 2 MORALEE CLOSE: £128,950 (Sold on 03 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE7 7GE 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
2022	£525,000	£3,454	1
2020	£375,000	£2,755	2
2017	£350,000	£2,303	1
2015	£360,000	£2,927	1
2014	£304,500	£2,510	2
2013	£320,000	£2,602	1
2011	£340,000	£2,744	1
2008	£286,000	£1,903	1
2007	£315,000		1
2005	£249,950	£2,450	1
2002	£242,000	£1,739	2
1999	£157,500	£1,370	1
1998	£145,168	£1,123	14

All the Sales in the MORALEE CLOSE, NE7 7GE

See the table below for more details on the sold house prices in the NE7 7GE, Newcastle upon Tyne postcode.

Address	Sold Date	Price	% Change
9 MORALEE CLOSEDetached, FreeholdArea: 152 Sq.mtrAge: 1996-2002	25 Aug 2022	£525,000	50.00%
	01 Jun 2017	£350,000	18.64%
	21 Nov 2002	£295,000	73.58%
	21 Aug 1998	£169,950	First Sale
7 MORALEE CLOSEDetached, FreeholdArea: 150 Sq.mtrAge: 1996-2002	30 Nov 2020	£385,000	130.61%
	15 May 1998	£166,950	First Sale
11 MORALEE CLOSEDetached, FreeholdArea: 124 Sq.mtrAge: 1996-2002	12 Jun 2020	£365,000	151.81%
	28 Aug 1998	£144,950	First Sale
2 MORALEE CLOSEDetached, FreeholdArea: 123 Sq.mtrAge: 1996-2002	21 Dec 2015	£360,000	12.50%
	05 Jul 2013	£320,000	69.31%
	03 May 2002	£189,000	46.57%
	03 Apr 1998	£128,950	First Sale
6 MORALEE CLOSEDetached, FreeholdArea: 102 Sq.mtrAge: 1996-2002	11 Nov 2014	£274,000	9.62%
	10 Jun 2005	£249,950	108.38%
	31 Jul 1998	£119,950	7.15%
	21 May 1998	£111,950	First Sale
5 MORALEE CLOSEDetached, FreeholdArea: 143.49 Sq.mtrAge: 1996-2002	30 Jan 2014	£335,000	97.12%
	20 Nov 1998	£169,950	First Sale
14 MORALEE CLOSEDetached, FreeholdArea: 123.89 Sq.mtrAge: 1996-2002	05 Aug 2011	£340,000	18.88%
	04 Dec 2008	£286,000	97.31%
	03 Jul 1998	£144,950	First Sale
3 MORALEE CLOSEDetached, Freehold	07 Jun 2007	£315,000	140.46%
3 MORALEE CLOSEDetached, Freehold	15 May 1998	£131,000	First Sale
10 MORALEE CLOSEDetached, FreeholdArea: 115 Sq.mtrAge: 1996-2002	26 Nov 1999	£157,500	10.95%
	11 May 1998	£141,950	First Sale
12 MORALEE CLOSEDetached, Freehold	24 Jul 1998	£147,950	First Sale
8 MORALEE CLOSEDetached, Freehold	26 May 1998	£142,950	First Sale
1 MORALEE CLOSEDetached, Freehold	01 May 1998	£166,950	First Sale
4 MORALEE CLOSEDetached, Freehold	08 Apr 1998	£143,950	First Sale

Check out the sold house prices near the NE7 7GE postcode. Properties currently for saleProperties currently for rent

MORALEE CLOSE, NE7 7GE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE7 7GE 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 NE7 7GE postcode.

Detached
- The average price is around £208,664 median price is £199,000 Standard Deviation is £96,656 with Total Sold: 1,160
- The Last 5 Year average price is £335,034 with Total Sold: 152
- The most recent sale happened at this postcode is , 34 GREENLEE DRIVE: £435,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 40 RED HALL DRIVE: £72,000 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £148,456 median price is £159,475 Standard Deviation is £62,741 with Total Sold: 380
- The Last 5 Year average price is £224,696 with Total Sold: 68
- The most recent sale happened at this postcode is , 58 GREENLEE DRIVE: £272,500 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 20 VANCOUVER DRIVE: £62,000 (Sold on 17 Jan 1995)
Terraced
- The average price is around £148,978 median price is £151,500 Standard Deviation is £66,345 with Total Sold: 375
- The Last 5 Year average price is £216,948 with Total Sold: 69
- The most recent sale happened at this postcode is , 29 ST JULIEN GARDENS: £255,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 14 LONGRIDGE AVENUE: £37,000 (Sold on 13 Jan 1995)
Flat
- The average price is around £110,359 median price is £110,000 Standard Deviation is £32,926 with Total Sold: 429
- The Last 5 Year average price is £125,512 with Total Sold: 62
- The most recent sale happened at this postcode is 73, THE WILLS BUILDING WILLS OVAL: £110,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 30 ALLINGHAM COURT: £46,500 (Sold on 15 Mar 1995)
Other
- The average price is around £1,540,033 median price is £615,000 Standard Deviation is £1,757,189 with Total Sold: 3
- The Last 5 Year average price is £310,050 with Total Sold: 2
- The most recent sale happened at this postcode is , 17 RUSKIN DRIVE: £5,100 (Sold on 04 Sep 2019)
- The first recorded sale happened at this postcode is , 12 OLD CAMPUS CLOSE: £4,000,000 (Sold on 11 Aug 2017)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£361,765	£3,461	17
2023	£360,333	£3,461	15
2022	£362,306	£3,407	24
2021	£345,707	£3,177	24
2020	£314,004	£2,823	20
2019	£309,572	£2,747	52
2018	£303,194	£2,651	18
2017	£303,948	£2,666	20
2016	£297,716	£2,548	16
2015	£284,940	£2,622	26
2014	£275,215	£2,387	30
2013	£250,562	£2,354	24
2012	£273,668	£2,310	20
2011	£294,813	£2,462	15
2010	£269,700	£2,426	26
2009	£242,790	£2,391	25
2008	£280,578	£2,256	20
2007	£286,834	£2,467	40
2006	£268,546	£2,265	39
2005	£237,589	£2,322	36
2004	£253,292	£2,295	39
2003	£226,966	£2,069	35
2002	£180,544	£1,628	47
2001	£152,665	£1,297	139
2000	£136,805	£1,220	98
1999	£127,704	£1,114	96
1998	£110,345	£998	119
1997	£101,396	£881	56
1996	£84,747	£752	17
1995	£87,571	£688	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,817		3
2023	£228,045	£2,555	10
2022	£255,193	£3,134	3
2021	£235,439	£2,728	18
2020	£214,524	£2,579	8
2019	£208,530	£2,425	26
2018	£195,211	£2,253	14
2017	£194,900	£2,271	10
2016	£190,222	£2,398	9
2015	£184,083	£2,166	12
2014	£179,582	£2,015	17
2013	£134,125	£1,457	4
2012	£153,625	£2,264	4
2011	£165,111	£2,127	9
2010	£175,932	£1,984	7
2009	£164,545	£2,121	11
2008	£173,500		3
2007	£181,279	£2,242	19
2006	£183,320	£2,176	15
2005	£169,772	£1,940	9
2004	£162,688	£2,066	13
2003	£142,248	£1,691	20
2002	£106,934	£1,423	16
2001	£96,614	£1,176	31
2000	£79,950	£1,020	21
1999	£72,159	£842	17
1998	£63,288	£715	21
1997	£54,421	£709	10
1996	£53,138	£538	13
1995	£60,179	£830	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£238,857		7
2023	£259,100	£3,125	8
2022	£250,148	£2,825	12
2021	£206,143	£2,515	7
2020	£197,056	£2,312	18
2019	£190,166	£2,252	17
2018	£190,363	£2,123	19
2017	£180,471	£2,043	12
2016	£204,869	£2,192	8
2015	£178,992	£1,986	6
2014	£166,404	£2,004	13
2013	£145,508	£1,803	13
2012	£141,863	£1,885	11
2011	£161,846	£1,760	13
2010	£160,450	£1,917	11
2009	£163,075	£1,683	12
2008	£180,167	£1,864	6
2007	£178,288	£2,033	12
2006	£167,874	£1,938	25
2005	£173,750	£1,959	8
2004	£169,717	£1,699	9
2003	£134,189	£1,483	18
2002	£113,109	£1,335	11
2001	£78,478	£945	18
2000	£89,019	£993	25
1999	£75,108	£1,039	12
1998	£64,310	£815	10
1997	£51,636	£827	11
1996	£56,045	£695	10
1995	£50,423	£509	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£113,571		7
2023	£144,183	£2,188	6
2022	£136,219	£1,870	18
2021	£119,292	£1,835	12
2020	£122,575	£1,650	6
2019	£115,596	£1,783	13
2018	£111,429	£1,574	14
2017	£132,179	£1,683	7
2016	£124,612	£1,643	4
2015	£126,250	£1,836	12
2014	£118,514	£1,743	14
2013	£107,700	£1,685	7
2012	£135,786	£2,089	7
2011	£122,000	£1,788	5
2010	£110,369	£1,759	8
2009	£114,500	£1,674	7
2008	£132,350	£2,019	10
2007	£146,200	£2,383	7
2006	£149,636	£2,272	18
2005	£150,385	£2,259	13
2004	£140,371	£2,075	24
2003	£133,796	£1,903	25
2002	£105,494	£1,531	26
2001	£88,495	£1,312	20
2000	£72,485	£1,169	13
1999	£87,971	£1,222	74
1998	£78,578	£1,098	38
1997	£58,521	£977	7
1996	£48,190	£879	5
1995	£47,500	£866	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£310,050		2
2017	£4,000,000	£35,398	1

House Type in NE7 7GE area

The most common house types in the NE7 7GE postcode area are Detached (184), Semi-detached (13), and Terraced (0).

Total	197
Detached	184
Semi-detached	13
Terraced	0
Flat	0
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 (97), and Owned: Owns outright (89).

Owned: Owns with a mortgage or loan	97
Owned: Owns outright	89
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE7 7GE have 2 people in household (55), and 3 people in household (52).

2 people in household	55
3 people in household	52
4 people in household	45
1 person in household	35
5 people in household	7
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0