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Wideopen House Prices Wideopen House Prices

The average house price in Wideopen is £174,000 using HM Land Registry data.

The average property price increased by £5,991 (2.68%) over the last 5 years and increased by £1,198 (0.53%) over the last 12 months.

Over the last year, there were 155 residential property sales – a decrease of 81 transactions (-52.26%) relative to the previous year. The majority of house sales (51) were in the £166,000 - £202,000 range. Then came properties in the £202,000 - £238,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,005 (-2%).

In April 2024, there were 18 new estate agency instructions, 25 agreed home sales and 7 property price reductions.

Postcodes Covered: NE13, NE3

5-Year Average Property Prices in Wideopen

2.68%

Property prices in Wideopen increased by 2.68% 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 Wideopen Over the Last Year

0.53%

Property prices in Wideopen increased by 0.53% 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 Wideopen - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

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 Wideopen

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 Wideopen

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 Wideopen

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 Wideopen since 1995

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

Recent Property Sales in Wideopen

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
102 Winder Drive, Hazlerigg, Newcastle Upon Tyne, Tyne And Wear, NE13 7FU£195,000£192,000-£3,00020 Dec 202301 Mar 202472 Days
38 Rayleigh Drive, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 6AH£240,000£240,000£0027 Oct 202323 Feb 2024119 Days
Flat 1, Warkworth House, Warkworth Drive, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 6LZ£157,000£152,000-£5,00001 May 201819 Feb 20242120 Days
10 Hayes Walk, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 6AP£245,000£237,000-£8,00002 Sep 202316 Feb 2024167 Days
2 Larchwood Avenue, North Gosforth, Newcastle Upon Tyne, Tyne And Wear, NE13 6PY£220,000£185,000-£35,00008 Aug 202326 Jan 2024171 Days
13 Aidan Close, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 7HF£199,950£193,000-£6,95027 Oct 202326 Jan 202491 Days
52 Beacon Drive, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 7HB£125,000£120,000-£5,00019 Sep 202326 Jan 2024129 Days
6 Highfield Place, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 7HW£280,000£280,000£0015 Aug 202326 Jan 2024164 Days
2 Swinhoe Gardens, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 6AF£230,000£230,000£0028 Jul 202321 Dec 2023146 Days
81 East View, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 6EF£190,000£190,000£0007 Jul 202319 Dec 2023165 Days
124 Winder Drive, Hazlerigg, Newcastle Upon Tyne, Tyne And Wear, NE13 7FU£260,000£250,000-£10,00001 Apr 202330 Nov 2023243 Days
10 Elvet Close, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 7HE£330,000£320,000-£10,00019 Jul 202330 Nov 2023134 Days
68 Canterbury Way, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 6JH£199,950£198,450-£1,50021 Aug 202329 Nov 2023100 Days
6 Ferguson Crescent, Hazlerigg, Newcastle Upon Tyne, Tyne And Wear, NE13 7NL£135,000£135,000£0026 Jul 202329 Nov 2023126 Days
11 Elmwood Avenue, North Gosforth, Newcastle Upon Tyne, Tyne And Wear, NE13 6PX£197,000£187,000-£10,00012 Apr 202329 Nov 2023231 Days
8 Sandford Mews, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 7HX£165,000£160,000-£5,00005 Sep 202324 Nov 202380 Days
66 Havannah Drive, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 6LD£145,000£135,000-£10,00021 Aug 201522 Nov 20233015 Days
75 Birchwood Avenue, North Gosforth, Newcastle Upon Tyne, Tyne And Wear, NE13 6QB£210,000£192,500-£17,50017 May 202320 Oct 2023156 Days
10 Waterford Park, Brunswick Village, Newcastle Upon Tyne, Tyne And Wear, NE13 7BD£135,000£126,000-£9,00006 Jun 202329 Sep 2023115 Days
138 Rayleigh Drive, Wideopen, Newcastle Upon Tyne, Tyne And Wear, NE13 6AL£185,000£175,000-£10,00010 Jun 202328 Sep 2023110 Days

Most Expensive Streets in Wideopen

PostcodeStreetAreaAverageNo. of Sales
NE3 5AFHeritage GardensHigh Gosforth Park£720,00011
NE13 7FRStoneman CourtHazlerigg£345,74339
NE13 7FTWinder DriveHazlerigg£340,95323
NE13 6NTNuthatch CloseWideopen£315,6254
NE13 7FWCorver CrescentHazlerigg£305,16038
NE13 6LFFenchurch CloseWideopen£303,7006
NE13 6NPStonecrop DriveWideopen£301,09011
NE13 7FYDataller DriveHazlerigg£293,82564
NE13 6LEDunnock PlaceWideopen£287,1258
NE13 6NNBrambling PlaceWideopen£278,89512

Least Expensive Streets in Wideopen

PostcodeStreetAreaAverageNo. of Sales
NE13 7AULieven StreetHazlerigg£64,1663
NE13 6EDEast ViewWideopen£73,1427
NE13 7EDGeorge StreetBrunswick Village£81,5004
NE13 7DWDrysdale CrescentBrunswick Village£81,8333
NE13 6LGWeetslade CourtDunnock Place£83,3333
NE13 7EAMason StreetBrunswick Village£88,3333
NE13 7ASCoach LaneHazlerigg£89,6503
NE13 7DZBeaumont TerraceBrunswick Village£90,2504
NE13 7EFWalter StreetBrunswick Village£91,5003
NE13 7EEEdwin StreetBrunswick Village£94,5004

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