Housing Market Analysis for ELY CLOSE, NE7 7YP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £230,590 median price is £229,950 Standard Deviation is £117,979 with Total Sold: 5
    • The Last 5 Year average price is £361,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 ELY CLOSE: £386,000 (Sold on 11 Feb 2022)
    • The first recorded sale happened at this postcode is 4 ELY CLOSE: £97,500 (Sold on 09 Oct 1997)
  • Semi-Detached
    • The average price is around £250,000 median price is £250,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 ELY CLOSE: £250,000 (Sold on 09 Mar 2005)
    • The first recorded sale happened at this postcode is 6 ELY CLOSE: £250,000 (Sold on 09 Mar 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE7 7YP 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£386,000 £2,947 1
2021£337,000 £2,612 1
2007£229,9501
2000£102,5001
1997£97,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£250,0001

All the Sales in the ELY CLOSE, NE7 7YP

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

AddressSold DatePrice% Change
8 ELY CLOSEDetached, LeaseholdArea: 131 Sq.mtrAge: 1983-199011 Feb 2022£386,000First Sale
1 ELY CLOSEDetached, LeaseholdArea: 129 Sq.mtrAge: 1983-199009 Apr 2021£337,000First Sale
7 ELY CLOSEDetached, Leasehold24 Oct 2007£229,950124.34%
18 Aug 2000£102,500First Sale
6 ELY CLOSESemi-Detached, Leasehold09 Mar 2005£250,000First Sale
4 ELY CLOSEDetached, Leasehold09 Oct 1997£97,500First Sale

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

ELY CLOSE, NE7 7YP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £143,434 median price is £137,500 Standard Deviation is £68,435 with Total Sold: 372
    • The Last 5 Year average price is £203,932 with Total Sold: 96
    • 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 , 37 FAIRWAYS AVENUE: £38,500 (Sold on 07 Jul 1995)
  • Detached
    • The average price is around £231,963 median price is £235,000 Standard Deviation is £99,641 with Total Sold: 709
    • The Last 5 Year average price is £342,607 with Total Sold: 110
    • 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 £136,874 median price is £137,500 Standard Deviation is £63,653 with Total Sold: 169
    • The Last 5 Year average price is £195,719 with Total Sold: 27
    • 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 , 92 FAIRWAYS AVENUE: £32,500 (Sold on 18 Aug 1995)
  • Flat
    • The average price is around £111,916 median price is £115,000 Standard Deviation is £44,754 with Total Sold: 352
    • The Last 5 Year average price is £126,745 with Total Sold: 66
    • The most recent sale happened at this postcode is APARTMENT 12, WHARRY COURT MANOR PARK: £146,500 (Sold on 26 Jun 2024)
    • The first recorded sale happened at this postcode is , 3 WYCH ELM CRESCENT: £44,250 (Sold on 16 Jan 1995)
  • Other
    • The average price is around £1,086,250 median price is £115,000 Standard Deviation is £1,682,254 with Total Sold: 4
    • The Last 5 Year average price is £115,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 243 BENTON ROAD: £115,000 (Sold on 02 Aug 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£313,6673
2023£201,982 £2,269 20
2022£200,551 £2,240 15
2021£186,732 £2,153 11
2020£209,835 £2,116 14
2019£199,904 £2,246 33
2018£158,041 £1,685 11
2017£164,012 £1,912 13
2016£126,052 £1,530 19
2015£175,921 £1,939 19
2014£155,700 £1,896 12
2013£157,990 £1,541 5
2012£136,950 £1,816 6
2011£135,023 £1,525 15
2010£161,190 £1,460 5
2009£138,714 £1,361 14
2008£151,667 £2,053 3
2007£136,937 £1,550 14
2006£178,174 £1,882 20
2005£158,799 £1,847 10
2004£144,828 £2,016 9
2003£90,388 £1,110 21
2002£110,995 £1,264 11
2001£67,536 £659 11
2000£71,214 £850 11
1999£63,444 £734 17
1998£44,800 £573 7
1997£44,625 £589 12
1996£43,125 £528 4
1995£49,421 £602 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£344,750 £3,268 8
2023£390,000 £3,432 10
2022£366,450 £3,421 12
2021£359,885 £3,105 22
2020£321,371 £2,758 15
2019£323,100 £2,805 43
2018£289,924 £2,526 14
2017£338,318 £2,784 11
2016£319,376 £2,679 32
2015£315,516 £2,696 29
2014£276,844 £2,436 16
2013£278,909 £2,379 11
2012£298,912 £2,403 13
2011£298,333 £2,536 12
2010£285,691 £2,483 17
2009£247,106 £2,365 17
2008£308,300 £2,289 12
2007£305,675 £2,526 22
2006£283,911 £2,262 29
2005£233,637 £2,282 28
2004£259,626 £2,331 19
2003£233,927 £2,107 15
2002£195,648 £1,705 28
2001£161,371 £1,363 40
2000£144,904 £1,242 68
1999£132,327 £1,145 69
1998£118,142 £1,066 75
1997£103,628 £963 16
1996£87,000 £720 4
1995£89,250 £717 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,0001
2023£260,375 £2,478 4
2022£203,600 £2,050 5
2021£178,500 £1,895 4
2020£180,023 £2,124 6
2019£175,827 £2,195 7
2018£170,000 £1,880 2
2017£153,742 £1,677 13
2016£150,562 £1,591 8
2015£145,667 £1,713 6
2014£124,900 £1,445 5
2013£151,375 £1,776 8
2012£163,975 £1,598 2
2011£140,000 £1,437 2
2010£194,167 £1,703 6
2009£104,600 £1,273 5
2008£222,475 £1,853 2
2007£129,483 £1,651 3
2006£174,457 £1,866 25
2005£132,400 £1,319 5
2004£125,417 £1,326 6
2003£95,875 £1,097 4
2002£80,074 £807 9
2001£86,500 £782 4
2000£50,667 £422 3
1999£60,983 £674 6
1998£44,536 £533 7
1997£34,500 £343 5
1996£45,083 £431 3
1995£33,9503
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,083 £1,327 6
2023£141,617 £1,936 9
2022£135,222 £2,204 18
2021£119,886 £1,773 18
2020£119,636 £1,774 7
2019£106,344 £1,531 8
2018£115,923 £1,673 13
2017£114,696 £1,704 14
2016£115,659 £1,760 11
2015£115,773 £1,559 11
2014£119,167 £1,726 12
2013£115,846 £1,660 5
2012£131,714 £1,786 7
2011£112,705 £1,820 11
2010£117,000 £1,738 8
2009£95,071 £1,435 7
2008£158,734 £2,263 13
2007£151,494 £2,113 43
2006£141,752 £2,088 34
2005£108,167 £1,589 9
2004£101,904 £1,607 13
2003£82,372 £1,207 9
2002£68,408 £1,055 12
2001£46,270 £804 10
2000£42,709 £622 11
1999£37,380 £555 5
1998£51,830 £652 10
1997£41,840 £587 5
1996£38,679 £519 7
1995£37,125 £508 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£115,000 £1,533 2
2018£115,000 £1,620 1
2017£4,000,000 £35,398 1

House Type in NE7 7YP area

The most common house types in the NE7 7YP postcode area are Detached (95), Shared house (1), and Semi-detached (0).

Total96
Detached95
Shared house1
Semi-detached0
Terraced0
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (65), and Owned: Owns with a mortgage or loan (24).

Owned: Owns outright65
Owned: Owns with a mortgage or loan24
Private rented: Private landlord or letting agency7
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE7 7YP have 2 people in household (47), and 1 person in household (27).

2 people in household47
1 person in household27
3 people in household9
4 people in household6
5 people in household4
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0