Over the past 31 years, there have been 25 property sales recorded in the NE5 1LB postcode area. The highest sale price reached £258,000, while the most recent sale was for a semi-detached flat sold in April 2024 for £123,000.
The estimated average property value in NE5 1LB currently stands at £232,479, which is approximately 11.4% lower than the city average - making it a relatively affordable option for buyers.
In terms of size, the average price per square metre is approximately £2,918.
Property prices in NE5 1LB have risen by 7.1% over the past year , with a total increase of 30.7% over the past five years , and a long-term rise of 46% over the past decade .
The most common type of property sold in the area is semi-detached, making up around 56% of transactions , followed by flat and terraced.
Housing in NE5 1LB is predominantly owner-occupied, with an estimated 92% of homes being lived in by the owners.
Properties at NE5 1LB appear twenty-five times in the Land Registry records, with the latest transaction recorded on 12 Apr 2024. It also has thirteen Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Jul 2013. We use this data, to estimate the property's characteristics and current market value.
This website uses public sector information from:HM Land Registry Price Paid Data, and
Energy Performance of Buildings Data published by the Department for Levelling Up, Housing and Communities (DLUHC), formerly the Ministry of Housing, Communities & Local Government (MHCLG).
These datasets are licensed under the Open
Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.