Housing Market Analysis for ELGIN ROAD, NE9 5PA

Are you looking to understand NE9 5PA 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 Gateshead postcode.

For the location information and nearby amenities in the NE9 5PA area, explore the NE9 5PA Area information page.
For comprehensive crime statistics in the NE9 5PA area, explore the NE9 5PA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE9 5PA postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £43,650 median price is £43,650 Standard Deviation is £31,350 with Total Sold: 2
    • The Last 5 Year average price is £75,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 ELGIN ROAD: £75,000 (Sold on 15 Jan 2020)
    • The first recorded sale happened at this postcode is 2 ELGIN ROAD: £12,300 (Sold on 03 Oct 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE9 5PA 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£75,000 £852 1
2003£12,3001

All the Sales in the ELGIN ROAD, NE9 5PA

See the table below for more details on the sold house prices in the NE9 5PA, Gateshead postcode.

AddressSold DatePrice% Change
12 ELGIN ROADSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-196615 Jan 2020£75,000First Sale
2 ELGIN ROADSemi-Detached, Freehold03 Oct 2003£12,300First Sale

Check out the sold house prices near the NE9 5PA postcode. Properties currently for saleProperties currently for rent

ELGIN ROAD, NE9 5PA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE9 5PA 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 NE9 5PA postcode.

  • Terraced
    • The average price is around £79,705 median price is £80,000 Standard Deviation is £37,601 with Total Sold: 453
    • The Last 5 Year average price is £106,298 with Total Sold: 78
    • The most recent sale happened at this postcode is , 5 GOWER WALK: £145,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 BADEN POWELL STREET: £43,000 (Sold on 16 Jan 1995)
  • Detached
    • The average price is around £115,588 median price is £104,000 Standard Deviation is £62,742 with Total Sold: 84
    • The Last 5 Year average price is £197,850 with Total Sold: 10
    • The most recent sale happened at this postcode is , 73 NURSERY LANE: £167,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 HAMPTON DRIVE: £76,000 (Sold on 03 Apr 1995)
  • Semi-Detached
    • The average price is around £83,609 median price is £81,875 Standard Deviation is £41,873 with Total Sold: 694
    • The Last 5 Year average price is £116,421 with Total Sold: 122
    • The most recent sale happened at this postcode is , 478 OLD DURHAM ROAD: £294,500 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 SHERIFFS CLOSE: £43,950 (Sold on 01 Mar 1995)
  • Flat
    • The average price is around £57,674 median price is £59,950 Standard Deviation is £26,175 with Total Sold: 736
    • The Last 5 Year average price is £68,208 with Total Sold: 99
    • The most recent sale happened at this postcode is , 19 WINDSOR COURT: £64,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 19 BADEN POWELL STREET: £33,800 (Sold on 16 Jan 1995)
  • Other
    • The average price is around £79,381 median price is £72,500 Standard Deviation is £36,358 with Total Sold: 23
    • The Last 5 Year average price is £78,696 with Total Sold: 14
    • The most recent sale happened at this postcode is , 30 NURSERY LANE: £72,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , OLANN NURSERY LANE: £55,000 (Sold on 25 Aug 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£156,493 £1,964 7
2023£115,000 £1,424 11
2022£117,347 £1,395 14
2021£87,747 £1,168 18
2020£98,643 £1,200 14
2019£94,821 £1,097 14
2018£96,463 £1,131 15
2017£88,607 £1,086 14
2016£86,497 £1,033 17
2015£80,833 £1,154 9
2014£106,684 £1,110 16
2013£86,222 £1,095 9
2012£90,357 £891 7
2011£85,996 £1,109 12
2010£80,438 £1,098 8
2009£87,429 £1,274 7
2008£109,727 £1,332 11
2007£107,957 £1,359 28
2006£108,690 £1,475 21
2005£94,952 £1,184 23
2004£91,327 £1,177 26
2003£64,121 £761 28
2002£49,683 £649 18
2001£39,694 £626 17
2000£36,018 £482 19
1999£37,765 £571 16
1998£32,380 £415 20
1997£35,515 £463 10
1996£30,762 £333 13
1995£36,409 £483 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,0001
2023£172,500 £2,312 2
2022£130,000 £1,512 1
2021£333,500 £2,470 1
2020£200,000 £1,673 4
2019£203,000 £2,152 1
2018£210,000 £2,119 3
2016£123,500 £1,448 2
2015£170,000 £1,355 3
2014£142,500 £1,714 2
2012£149,000 £1,693 2
2011£150,000 £1,728 2
2010£160,000 £1,248 1
2009£140,500 £1,059 2
2008£195,000 £1,970 1
2007£196,667 £1,593 3
2006£146,000 £2,058 2
2005£166,3802
2004£137,750 £2,171 4
2003£124,167 £1,312 3
2002£86,000 £832 3
2001£73,992 £1,039 7
2000£66,083 £516 6
1999£59,112 £723 4
1998£57,857 £817 7
1997£58,238 £558 4
1996£59,336 £662 7
1995£56,112 £584 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,727 £1,775 11
2023£117,756 £1,569 20
2022£123,453 £1,643 30
2021£116,901 £1,585 25
2020£109,552 £1,420 22
2019£99,709 £1,150 14
2018£99,996 £1,342 25
2017£94,557 £1,177 14
2016£96,045 £1,326 20
2015£110,395 £1,385 19
2014£97,811 £1,173 24
2013£99,454 £1,167 13
2012£87,389 £1,181 14
2011£78,988 £1,099 13
2010£98,808 £1,305 13
2009£96,944 £1,265 9
2008£118,933 £1,468 18
2007£117,963 £1,659 32
2006£109,774 £1,668 38
2005£92,391 £1,227 27
2004£99,502 £1,209 31
2003£67,589 £1,008 28
2002£47,396 £698 25
2001£47,237 £687 24
2000£44,296 £571 27
1999£45,357 £641 50
1998£44,665 £640 49
1997£39,119 £458 16
1996£43,696 £567 26
1995£37,650 £542 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£72,350 £1,165 7
2023£68,184 £1,228 19
2022£75,986 £1,297 18
2021£71,088 £1,222 17
2020£60,246 £1,080 18
2019£64,500 £1,094 20
2018£68,483 £1,173 15
2017£102,810 £1,358 17
2016£78,661 £1,161 18
2015£67,415 £1,043 20
2014£61,341 £1,087 15
2013£59,917 £885 6
2012£62,586 £1,062 11
2011£66,325 £1,361 6
2010£68,161 £1,042 14
2009£69,309 £1,103 11
2008£80,704 £1,190 14
2007£84,677 £1,432 46
2006£80,631 £1,346 47
2005£76,055 £1,328 40
2004£67,721 £1,199 47
2003£55,976 £971 49
2002£41,419 £766 37
2001£29,922 £516 30
2000£27,937 £470 19
1999£34,094 £619 51
1998£31,157 £527 48
1997£29,700 £527 32
1996£27,176 £468 28
1995£24,009 £376 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£72,0001
2023£95,250 £1,307 4
2022£82,000 £986 1
2021£71,667 £951 6
2020£99,250 £1,360 1
2019£37,500 £436 1
2018£58,333 £988 3
2017£106,501 £967 4
2016£61,500 £843 2

House Type in NE9 5PA area

The most common house types in the NE9 5PA postcode area are Semi-detached (75), Flat (20), and Detached (11).

Total108
Semi-detached75
Flat20
Detached11
Terraced2
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (42), and Owned: Owns outright (25).

Owned: Owns with a mortgage or loan42
Owned: Owns outright25
Social rented: Rents from council or Local Authority25
Private rented: Private landlord or letting agency14
Shared ownership: Shared ownership3
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE9 5PA have 2 people in household (38), and 1 person in household (34).

2 people in household38
1 person in household34
3 people in household21
4 people in household14
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0