Housing Market Analysis for WESTMINSTER WAY, NE7 7YU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £226,496 median price is £245,000 Standard Deviation is £83,806 with Total Sold: 26
    • The Last 5 Year average price is £277,556 with Total Sold: 9
    • The most recent sale happened at this postcode is 8 WESTMINSTER WAY: £208,000 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is 35 WESTMINSTER WAY: £81,000 (Sold on 16 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE7 7YU 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
2024£208,0001
2022£325,000 £3,693 1
2021£258,125 £3,416 4
2020£242,500 £2,332 1
2019£345,000 £2,238 2
2017£283,750 £3,059 2
2016£272,000 £2,305 1
2015£214,950 £2,443 1
2014£271,250 £1,700 4
2010£249,9501
2009£240,000 £2,628 1
2005£190,000 £2,159 1
2001£109,000 £1,239 1
2000£112,000 £1,455 1
1999£110,000 £1,204 1
1997£84,500 £960 1
1996£75,0001
1995£81,0001

All the Sales in the WESTMINSTER WAY, NE7 7YU

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

AddressSold DatePrice% Change
8 WESTMINSTER WAYDetached, Leasehold26 Apr 2024£208,000First Sale
11 WESTMINSTER WAYDetached, LeaseholdArea: 88 Sq.mtrAge: 1983-199010 Jun 2022£325,00032.65%
03 Jun 2021£245,0000.0
03 Jun 2021£245,00013.98%
16 Jan 2015£214,95013.13%
20 Sep 2005£190,00074.31%
29 Jun 2001£109,00028.99%
30 May 1997£84,500First Sale
25 WESTMINSTER WAYDetached, LeaseholdArea: 59 Sq.mtrAge: 1991-199517 Dec 2021£265,000First Sale
5 WESTMINSTER WAYDetached, LeaseholdArea: 77 Sq.mtrAge: 1996-200215 Feb 2021£277,500-4.31%
02 Aug 2017£290,000158.93%
24 Mar 2000£112,000First Sale
4 WESTMINSTER WAYDetached, LeaseholdArea: 104 Sq.mtrAge: 1983-199030 Sep 2020£242,500First Sale
1 WESTMINSTER WAYDetached, LeaseholdArea: 203 Sq.mtrAge: 1983-199007 Aug 2019£410,00018.84%
29 Aug 2014£345,000First Sale
3 WESTMINSTER WAYDetached, LeaseholdArea: 114 Sq.mtrAge: 1983-199028 Jun 2019£280,000First Sale
17 WESTMINSTER WAYDetached, FreeholdArea: 118 Sq.mtrAge: 1983-199004 Aug 2017£277,5002.02%
01 Jul 2016£272,000First Sale
35 WESTMINSTER WAYDetached, Leasehold24 Oct 2014£240,000-4.00%
17 Oct 2014£250,0000.0
17 Oct 2014£250,0000.02%
20 Jul 2010£249,950208.58%
16 Jun 1995£81,000First Sale
7 WESTMINSTER WAYDetached, LeaseholdArea: 91.33 Sq.mtrAge: 1983-199023 Nov 2009£240,000118.18%
03 Sep 1999£110,000First Sale
29 WESTMINSTER WAYDetached, Freehold01 Apr 1996£75,000First Sale

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

WESTMINSTER WAY, NE7 7YU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £148,650 median price is £140,000 Standard Deviation is £70,354 with Total Sold: 383
    • The Last 5 Year average price is £207,125 with Total Sold: 100
    • 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 £226,181 median price is £227,000 Standard Deviation is £99,110 with Total Sold: 671
    • The Last 5 Year average price is £342,611 with Total Sold: 106
    • 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 £140,341 median price is £139,996 Standard Deviation is £66,360 with Total Sold: 177
    • The Last 5 Year average price is £202,739 with Total Sold: 29
    • 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£208,329 £2,243 16
2021£195,338 £2,177 12
2020£213,846 £2,134 15
2019£201,377 £2,240 34
2018£157,595 £1,636 10
2017£164,012 £1,912 13
2016£170,600 £1,715 10
2015£179,875 £1,929 20
2014£155,700 £1,896 12
2013£184,279 £1,623 7
2012£136,950 £1,816 6
2011£135,023 £1,525 15
2010£171,325 £1,598 6
2009£146,412 £1,380 17
2008£188,500 £1,879 5
2007£136,937 £1,550 14
2006£181,022 £1,905 21
2005£168,635 £1,847 11
2004£148,345 £1,889 10
2003£98,570 £1,177 23
2002£110,995 £1,264 11
2001£67,536 £659 11
2000£72,571 £829 12
1999£63,444 £734 17
1998£44,800 £573 7
1997£44,625 £589 12
1996£47,500 £496 5
1995£52,494 £602 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£344,750 £3,268 8
2023£395,556 £3,460 9
2022£368,646 £3,450 13
2021£359,603 £3,175 19
2020£321,371 £2,758 15
2019£322,697 £2,805 42
2018£289,924 £2,526 14
2017£339,700 £2,781 10
2016£308,496 £2,623 13
2015£297,881 £2,784 13
2014£275,265 £2,423 17
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£233,770 £2,283 29
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£282,300 £2,489 5
2022£203,600 £2,050 5
2021£178,500 £1,895 4
2020£186,448 £2,142 7
2019£175,827 £2,195 7
2018£196,667 £1,960 3
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£157,889 £1,776 9
2012£163,975 £1,598 2
2011£140,000 £1,437 2
2010£200,000 £1,691 7
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£133,643 £1,427 7
2003£109,300 £1,074 5
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£51,938 £504 4
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 7YU area

The most common house types in the NE7 7YU 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 7YU 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