Housing Market Analysis for FAIRHILL CLOSE, NE7 7TX

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £108,245 median price is £107,500 Standard Deviation is £56,162 with Total Sold: 10
- The Last 5 Year average price is £152,000 with Total Sold: 3
- The most recent sale happened at this postcode is 10 FAIRHILL CLOSE: £90,000 (Sold on 26 May 2023)
- The first recorded sale happened at this postcode is 1 FAIRHILL CLOSE: £37,000 (Sold on 14 Feb 1997)
Terraced
- The average price is around £118,667 median price is £130,000 Standard Deviation is £19,669 with Total Sold: 3
- The most recent sale happened at this postcode is 5 FAIRHILL CLOSE: £130,000 (Sold on 21 Sep 2018)
- The first recorded sale happened at this postcode is 2 FAIRHILL CLOSE: £91,000 (Sold on 04 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE7 7TX 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	£132,500	£1,288	2
2021	£191,000	£1,891	1
2017	£152,475	£1,693	2
2016	£125,000	£1,238	1
2003	£85,000	£1,049	1
1998	£38,000	£469	1
1997	£36,750		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£130,000	£1,477	1
2016	£135,000	£1,709	1
2003	£91,000		1

All the Sales in the FAIRHILL CLOSE, NE7 7TX

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

Address	Sold Date	Price	% Change
10 FAIRHILL CLOSESemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1950-1966	26 May 2023	£90,000	First Sale
12 FAIRHILL CLOSESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1950-1966	03 Feb 2023	£175,000	First Sale
11 FAIRHILL CLOSESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1950-1966	26 Nov 2021	£191,000	23.23%
	12 Jan 2017	£155,000	24.00%
	30 Jun 2016	£125,000	First Sale
5 FAIRHILL CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1930-1949	21 Sep 2018	£130,000	First Sale
8 FAIRHILL CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	23 Jan 2017	£149,950	76.41%
	21 Feb 2003	£85,000	123.68%
	16 Oct 1998	£38,000	First Sale
7 FAIRHILL CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	31 Aug 2016	£135,000	First Sale
2 FAIRHILL CLOSETerraced, Freehold	04 Jul 2003	£91,000	First Sale
6 FAIRHILL CLOSESemi-Detached, Freehold	08 Aug 1997	£36,500	First Sale
1 FAIRHILL CLOSESemi-Detached, Freehold	14 Feb 1997	£37,000	First Sale

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

FAIRHILL CLOSE, NE7 7TX Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £160,705 median price is £150,000 Standard Deviation is £82,843 with Total Sold: 510
- The Last 5 Year average price is £218,570 with Total Sold: 125
- The most recent sale happened at this postcode is , 7 CORCHESTER WALK: £305,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 16 MANOR GARDENS: £53,950 (Sold on 24 Mar 1995)
Flat
- The average price is around £106,515 median price is £109,000 Standard Deviation is £44,414 with Total Sold: 419
- The Last 5 Year average price is £121,084 with Total Sold: 80
- The most recent sale happened at this postcode is , 33 MANOR WALK: £95,500 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 3 WYCH ELM CRESCENT: £44,250 (Sold on 16 Jan 1995)
Detached
- The average price is around £253,108 median price is £252,500 Standard Deviation is £97,833 with Total Sold: 292
- The Last 5 Year average price is £330,533 with Total Sold: 87
- The most recent sale happened at this postcode is , 49 OLD CAMPUS CLOSE: £310,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 35 WESTMINSTER WAY: £81,000 (Sold on 16 Jun 1995)
Terraced
- The average price is around £153,342 median price is £145,000 Standard Deviation is £84,944 with Total Sold: 251
- The Last 5 Year average price is £225,625 with Total Sold: 45
- The most recent sale happened at this postcode is , 19 COACH LANE: £200,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 357 BENTON ROAD: £80,000 (Sold on 28 Feb 1995)
Other
- The average price is around £545,304 median price is £255,000 Standard Deviation is £854,087 with Total Sold: 20
- The Last 5 Year average price is £357,155 with Total Sold: 13
- The most recent sale happened at this postcode is , 343 BENTON ROAD: £180,000 (Sold on 08 Apr 2024)
- The first recorded sale happened at this postcode is , 10 TEAL CLOSE: £35,000 (Sold on 24 Apr 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£281,667		6
2023	£220,231	£2,529	31
2022	£217,267	£2,180	15
2021	£212,150	£2,138	17
2020	£211,012	£2,128	16
2019	£214,058	£2,244	40
2018	£238,306	£1,890	16
2017	£243,341	£2,168	23
2016	£189,350	£1,937	20
2015	£181,130	£1,960	23
2014	£166,126	£1,861	19
2013	£192,588	£1,781	12
2012	£146,261	£1,667	14
2011	£151,517	£1,575	20
2010	£181,495	£1,682	10
2009	£144,647	£1,393	17
2008	£179,062	£1,601	8
2007	£146,615	£1,603	18
2006	£182,770	£1,789	24
2005	£168,216	£1,699	18
2004	£140,993	£1,289	7
2003	£104,217	£1,108	26
2002	£114,071	£1,109	14
2001	£68,831	£686	13
2000	£62,161	£552	9
1999	£62,838	£711	17
1998	£58,467	£625	12
1997	£51,472	£623	18
1996	£58,041	£545	11
1995	£55,462	£673	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£122,875	£1,327	8
2023	£131,304	£1,640	12
2022	£128,974	£2,078	21
2021	£116,831	£1,750	21
2020	£111,545	£1,696	10
2019	£106,344	£1,531	8
2018	£113,133	£1,642	15
2017	£112,426	£1,672	17
2016	£107,422	£1,639	16
2015	£116,036	£1,546	14
2014	£113,000	£1,663	15
2013	£107,026	£1,580	7
2012	£120,600	£1,735	10
2011	£110,396	£1,784	12
2010	£111,650	£1,689	10
2009	£92,562	£1,435	8
2008	£151,703	£2,222	15
2007	£150,097	£2,113	44
2006	£138,245	£2,061	37
2005	£108,167	£1,589	9
2004	£94,734	£1,539	16
2003	£73,282	£1,117	14
2002	£60,352	£982	18
2001	£44,791	£804	11
2000	£42,709	£622	11
1999	£37,094	£562	8
1998	£46,817	£671	9
1997	£40,957	£587	7
1996	£37,881	£566	8
1995	£36,593	£503	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£306,600	£3,056	5
2023	£433,400	£3,386	5
2022	£352,240	£3,317	10
2021	£314,104	£3,021	14
2020	£315,805	£2,749	13
2019	£325,776	£2,808	40
2018	£314,104	£2,434	9
2017	£329,500	£2,751	5
2016	£272,750	£2,566	6
2015	£279,990	£2,700	5
2014	£289,722	£2,396	9
2013	£289,250	£2,112	4
2012	£299,993	£2,366	7
2011	£280,167	£2,333	6
2010	£270,686	£2,367	7
2009	£236,667	£2,354	3
2008	£361,667	£2,475	3
2007	£307,553	£2,545	12
2006	£278,783	£2,297	14
2005	£233,083	£2,147	18
2004	£236,850	£2,179	7
2003	£210,492	£1,657	6
2002	£197,112	£1,721	8
2001	£143,062	£1,357	8
2000	£143,660	£1,184	31
1999	£147,379	£1,118	17
1998	£99,580	£1,043	5
1997	£110,050	£857	9
1996	£87,000	£720	4
1995	£89,250	£717	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,000		1
2023	£297,056	£2,548	9
2022	£248,775	£2,163	8
2021	£208,636	£2,022	11
2020	£183,954	£2,117	8
2019	£190,348	£2,238	8
2018	£202,900	£1,896	5
2017	£182,907	£1,729	15
2016	£176,875	£1,759	12
2015	£199,143	£1,800	7
2014	£158,375	£1,661	8
2013	£157,889	£1,776	9
2012	£167,650	£1,745	3
2011	£140,000	£1,437	2
2010	£203,500	£1,852	10
2009	£114,667	£1,351	6
2008	£212,650	£1,853	3
2007	£150,990	£1,831	5
2006	£177,462	£1,827	28
2005	£186,217	£1,600	9
2004	£138,423	£1,476	13
2003	£134,188	£1,074	8
2002	£80,074	£807	9
2001	£86,500	£782	4
2000	£69,083	£627	6
1999	£66,240	£673	10
1998	£53,515	£531	10
1997	£44,214	£343	7
1996	£58,775	£546	10
1995	£54,336	£772	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,000		1
2023	£497,500	£3,649	2
2022	£330,004		4
2021	£224,000		2
2020	£260,000	£2,524	1
2019	£480,000	£1,533	3
2018	£115,000	£1,620	1
2017	£2,457,532	£35,398	2
2015	£581,500	£6,287	2
2014	£35,000	£648	2

House Type in NE7 7TX area

The most common house types in the NE7 7TX postcode area are Semi-detached (81), Terraced (22), and Detached (0).

Total	103
Semi-detached	81
Terraced	22
Detached	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 outright (39), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright	39
Owned: Owns with a mortgage or loan	34
Social rented: Rents from council or Local Authority	18
Private rented: Private landlord or letting agency	11
Social rented: Other social rented	1
Private rented: Other private 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 NE7 7TX have 2 people in household (33), and 1 person in household (29).

2 people in household	33
1 person in household	29
3 people in household	23
4 people in household	12
5 people in household	3
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0