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Longbenton House Prices Longbenton House Prices

The average house price in Longbenton is £205,764 using HM Land Registry data.

The average property price increased by £4,644 (2.17%) over the last 5 years and increased by £928 (0.43%) over the last 12 months.

Over the last year, there were 339 residential property sales – a decrease of 110 transactions (-32.45%) relative to the previous year. The majority of house sales (102) were in the £146,000 - £202,000 range. Then came properties in the £90,000 - £146,000 range, where 64 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 38 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,993 (-2%).

In April 2024, there were 45 new estate agency instructions, 29 agreed home sales and 12 property price reductions.

Neighbouring Areas: Killingworth, Tynemouth, Wallsend, Newcastle upon Tyne

Postcodes Covered: NE12, NE27, NE3, NE7

5-Year Average Property Prices in Longbenton

2.17%

Property prices in Longbenton increased by 2.17% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Longbenton Over the Last Year

0.43%

Property prices in Longbenton increased by 0.43% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Longbenton - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Longbenton

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Longbenton

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Longbenton

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Longbenton since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Longbenton area since 1995.

Recent Property Sales in Longbenton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 East Forest Hall Road, Newcastle Upon Tyne, Tyne And Wear, NE12 9AU£220,000£210,000-£10,00010 Nov 202322 Feb 2024104 Days
9 Anne Drive, Newcastle Upon Tyne, Tyne And Wear, NE12 9QR£170,000£165,000-£5,00001 Sep 202322 Feb 2024174 Days
11 Bede Close, Newcastle Upon Tyne, Tyne And Wear, NE12 9SP£375,000£365,000-£10,00018 Sep 202307 Feb 2024142 Days
80 Granville Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear, NE12 9LE£139,950£124,500-£15,45006 Oct 202307 Feb 2024124 Days
15 The Wynd, Forest Hall, Newcastle Upon Tyne, Tyne And Wear, NE12 9DB£175,000£170,000-£5,00026 May 202301 Feb 2024251 Days
41 Carlisle Close, Holystone, Newcastle Upon Tyne, Tyne And Wear, NE27 0UT£325,000£325,000£0017 Jul 202312 Jan 2024179 Days
21 Monks Park Way, Newcastle Upon Tyne, Tyne And Wear, NE12 8XJ£90,000£83,000-£7,00006 Jun 202114 Dec 2023921 Days
14 St Bedes Walk, Holystone, Newcastle Upon Tyne, Tyne And Wear, NE27 0UW£299,950£299,950£0030 Oct 202314 Dec 202345 Days
25 Midhurst Road, Newcastle Upon Tyne, Tyne And Wear, NE12 9NU£395,000£378,750-£16,25007 Jul 202313 Dec 2023159 Days
32 Westmoor Drive, Newcastle Upon Tyne, Tyne And Wear, NE12 7NS£220,000£220,000£0019 Jun 202312 Dec 2023176 Days
4 Dene Avenue, West Moor, Newcastle Upon Tyne, Tyne And Wear, NE12 7EX£260,000£258,000-£2,00001 Sep 202312 Dec 2023102 Days
78 Lutterworth Road, Newcastle Upon Tyne, Tyne And Wear, NE12 8QR£77,500£75,000-£2,50025 Aug 202312 Dec 2023109 Days
33 Forest Hall Road, Newcastle Upon Tyne, Tyne And Wear, NE12 7AX£125,000£125,000£0027 Jul 202308 Dec 2023134 Days
20 Belvedere Gardens, Benton, Newcastle Upon Tyne, Tyne And Wear, NE12 9PG£125,000£123,000-£2,00021 Jul 202330 Nov 2023132 Days
22 Wilson Terrace, Newcastle Upon Tyne, Tyne And Wear, NE12 7JP£270,000£270,000£0010 May 202327 Nov 2023201 Days
97 Woodlea, Forest Hall, Newcastle Upon Tyne, Tyne And Wear, NE12 9BG£230,000£220,000-£10,00009 May 202324 Nov 2023199 Days
8 Cheviot View, Longbenton, Newcastle Upon Tyne, Tyne And Wear, NE12 8BH£250,000£250,000£0001 Sep 202322 Nov 202382 Days
15 Rosebury Drive, Longbenton, Newcastle Upon Tyne, Tyne And Wear, NE12 8RG£179,950£172,500-£7,45013 Jul 202321 Nov 2023131 Days
13 Leybourne Avenue, Newcastle Upon Tyne, Tyne And Wear, NE12 7AP£195,000£190,000-£5,00016 Jun 202310 Nov 2023147 Days
10 Maybury Villas, Longbenton, Newcastle Upon Tyne, Tyne And Wear, NE12 8RF£275,000£270,000-£5,00028 Jul 202301 Nov 202396 Days

Most Expensive Streets in Longbenton

PostcodeStreetAreaAverageNo. of Sales
NE12 9PEThe GroveForest Hall£535,8336
NE12 9PHEast AvenueNewcastle Upon Tyne£513,3333
NE12 7EABarn CloseKillingworth£483,3313
NE12 7FADenewoodForest Hall£482,0003
NE12 8AYTynedale TerraceNewcastle Upon Tyne£468,7504
NE12 7BGWindmill CourtKillingworth£432,24512
NE12 7ESKillingworth DriveNewcastle Upon Tyne£420,0003
NE12 7ANElm GroveForest Hall£416,6005
NE12 7BSHarvest WayKillingworth£398,51723
NE12 9AHForest AvenueNewcastle Upon Tyne£389,1669

Least Expensive Streets in Longbenton

PostcodeStreetAreaAverageNo. of Sales
NE12 7NQWest Moor CourtNewcastle Upon Tyne£50,6005
NE12 9QXThorntree CourtNewcastle Upon Tyne£54,0504
NE12 9RABoston CourtNewcastle Upon Tyne£54,4889
NE12 8LSWest Farm AvenueNewcastle Upon Tyne£78,4613
NE12 8QQLutterworth RoadNewcastle Upon Tyne£79,0333
NE12 8QNChesters AvenueNewcastle Upon Tyne£79,3624
NE12 8XSByland RoadNewcastle Upon Tyne£80,5833
NE12 8XJMonks Park WayNewcastle Upon Tyne£81,2504
NE12 9PBCraigmont CourtWest Avenue£81,3333
NE12 8UUWest Farm AvenueNewcastle Upon Tyne£84,4874

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