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Throckley House Prices Throckley House Prices

The average house price in Throckley is £142,040 using HM Land Registry data.

The average property price increased by £5,338 (2.67%) over the last 5 years and increased by £1,066 (0.52%) over the last 12 months.

Over the last year, there were 60 residential property sales – a decrease of 52 transactions (-86.67%) relative to the previous year. The majority of house sales (14) were in the £100,000 - £132,000 range. Then came properties in the £132,000 - £164,000 range, where 13 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 £-3,174 (-2%).

In April 2024, there were 12 new estate agency instructions, 8 agreed home sales and 14 property price reductions.

Postcodes Covered: NE15

5-Year Average Property Prices in Throckley

2.67%

Property prices in Throckley increased by 2.67% 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 Throckley Over the Last Year

0.52%

Property prices in Throckley increased by 0.52% 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 Throckley - 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 Throckley

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 Throckley

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 Throckley

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 Throckley since 1995

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

Recent Property Sales in Throckley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 The Willows, Throckley, Newcastle Upon Tyne, Tyne And Wear, NE15 9PN£139,950£135,000-£4,95004 Nov 202328 Feb 2024116 Days
10 Elmfield Road, Throckley, Newcastle Upon Tyne, Tyne And Wear, NE15 9BQ£120,000£120,000£0009 Aug 202316 Feb 2024191 Days
9 Woodlands Court, Newcastle Upon Tyne, Tyne And Wear, NE15 9LN£45,000£41,000-£4,00024 Aug 202304 Dec 2023102 Days
79 Coquet Grove, Newcastle Upon Tyne, Tyne And Wear, NE15 9LH£155,000£149,000-£6,00027 Apr 202301 Dec 2023218 Days
5 Woodlands Court, Newcastle Upon Tyne, Tyne And Wear, NE15 9LN£49,950£49,950£0030 Mar 202331 Oct 2023215 Days
125 Hexham Road, Newcastle Upon Tyne, Tyne And Wear, NE15 9DU£255,000£255,000£0001 Aug 202313 Oct 202373 Days
Dunraven, Hexham Road, Throckley, Newcastle Upon Tyne, Tyne And Wear, NE15 9EB£200,000£185,000-£15,00023 Mar 202313 Oct 2023204 Days
15 Hewley Crescent, Newcastle Upon Tyne, Tyne And Wear, NE15 9AT£109,950£109,000-£95002 Jul 202031 Aug 20231155 Days
17 Woodlands, Throckley, Newcastle Upon Tyne, Tyne And Wear, NE15 9LE£179,950£176,840-£3,11013 Feb 202326 Jul 2023163 Days
21 Hilda Terrace, Newcastle Upon Tyne, Tyne And Wear, NE15 9NQ£90,000£80,000-£10,00004 May 202314 Jul 202371 Days
115 Hexham Road, Newcastle Upon Tyne, Tyne And Wear, NE15 9DU£220,000£210,000-£10,00030 Sep 202227 Jun 2023270 Days
1 The Wynd, Throckley, Newcastle Upon Tyne, Tyne And Wear, NE15 9PY£130,000£128,000-£2,00030 Jan 202315 May 2023105 Days
17 Westway, Newcastle Upon Tyne, Tyne And Wear, NE15 9HJ£135,000£135,000£0019 Dec 202228 Apr 2023130 Days
34 Broomy Hill Road, Newcastle Upon Tyne, Tyne And Wear, NE15 9NT£120,000£120,000£0013 Feb 202328 Apr 202374 Days
19 Woodlands Court, Newcastle Upon Tyne, Tyne And Wear, NE15 9LN£45,000£43,000-£2,00006 Dec 202231 Mar 2023115 Days
19 The Willows, Throckley, Newcastle Upon Tyne, Tyne And Wear, NE15 9PN£150,000£150,000£0009 Jul 202217 Feb 2023223 Days
8 Brampton Gardens, Newcastle Upon Tyne, Tyne And Wear, NE15 9HA£135,000£135,000£0022 Sep 202214 Feb 2023145 Days
55 Woodside Avenue, Throckley, Newcastle Upon Tyne, Tyne And Wear, NE15 9BJ£129,950£125,000-£4,95030 Aug 202210 Feb 2023164 Days
80 Broomy Hill Road, Newcastle Upon Tyne, Tyne And Wear, NE15 9LR£190,000£185,000-£5,00018 Jul 202227 Jan 2023193 Days
28 Alston Gardens, Newcastle Upon Tyne, Tyne And Wear, NE15 9HQ£135,000£135,000£0021 Jul 202220 Jan 2023183 Days

Most Expensive Streets in Throckley

PostcodeStreetAreaAverageNo. of Sales
NE15 9DEPine GroveNewcastle Upon Tyne£308,09614
NE15 9DDAlder WayNewcastle Upon Tyne£304,00722
NE15 9DGOak GardensNewcastle Upon Tyne£294,83416
NE15 9BYDrumburgh GroveNewcastle Upon Tyne£291,59214
NE15 9FLGlade DriveNewcastle Upon Tyne£282,0797
NE15 9QUHexham RoadThrockley£272,65010
NE15 9QXHexham RoadNewcastle Upon Tyne£271,1666
NE15 9DBAcorn CloseNewcastle Upon Tyne£271,0198
NE15 9JQHill House RoadNewcastle Upon Tyne£270,0003
NE15 9BWRudchester CloseNewcastle Upon Tyne£256,41519

Least Expensive Streets in Throckley

PostcodeStreetAreaAverageNo. of Sales
NE15 9LNWoodlands CourtNewcastle Upon Tyne£45,6586
NE15 9ETPine StreetThrockley£95,6663
NE15 9BEWoodside AvenueThrockley£97,7504
NE15 9NROrchard TerraceThrockley£101,3333
NE15 9HRAlston GardensNewcastle Upon Tyne£103,2503
NE15 9EUPoplar StreetThrockley£106,6124
NE15 9ATHewley CrescentNewcastle Upon Tyne£107,5004
NE15 9AQHallow DriveNewcastle Upon Tyne£107,6124
NE15 9ARFosse LawNewcastle Upon Tyne£108,5505
NE15 9AGNewburn RoadNewcastle Upon Tyne£109,5003

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