Wood Grove - NE15 7TG
Key Postcode Insights
NE15 7TG is a residential postcode situated on Wood Grove, Newcastle Upon Tyne, NE15 with 24 addresses.
It ranks as the 603rd largest and 120th most expensive of the 874 postcodes in the NE15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 8 houses and 16 flats.
- Ave. Sale Price
- £135,279
- 10 Year change
- up 27.4%
- Ave. Rental Price
- £738pcm
- 10 Year change
- up 56.6%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
NE15 7TG is a residential postcode situated on Wood Grove, Newcastle Upon Tyne, NE15 with 24 addresses.
It ranks as the 603rd largest and 120th most expensive of the 874 postcodes in the NE15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 8 houses and 16 flats.
- Ave. Sale Price
- £135,279
- 10 Year change
- up 27.4%
- Ave. Rental Price
- £738pcm
- 10 Year change
- up 56.6%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin NE15 7TG
- 24 Wood Grove
Flat
- 25 Wood Grove
2 Bed Mid-century Flat
- 26 Wood Grove
2 Bed Mid-century Flat
- 27 Wood Grove
Flat
- 28 Wood Grove
2 Bed Mid-century Flat
Sales Market Trends
The last sale in NE15 7TG sold for £90,000 on 19th December 2024. Since then prices are up an average of 1.7%.
The current average value in the postcode is £135,279.
The NE15 7TG Sales Market has increased by 27.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £135,279 |
| June 2025 | 3.2% | £134,630 |
| June 2024 | -0.7% | £130,430 |
| June 2023 | 1.9% | £131,386 |
| June 2022 | 9.4% | £128,926 |
| June 2021 | 5.7% | £117,851 |
| June 2020 | 1.6% | £111,492 |
| June 2019 | 0.7% | £109,705 |
| June 2018 | 3.2% | £108,893 |
| June 2017 | -0.6% | £105,542 |
| June 2016 | 2.2% | £106,222 |
| June 2015 | 2.8% | £103,902 |
| June 2014 | 3.7% | £101,119 |
| June 2013 | -1.1% | £97,554 |
| June 2012 | -0.9% | £98,614 |
| June 2011 | -3.2% | £99,522 |
| June 2010 | 2.1% | £102,790 |
| June 2009 | -11.6% | £100,685 |
| June 2008 | -2% | £113,914 |
| June 2007 | 0% | £116,220 |
Rental Market Trends
The current average rental value in the postcode is £738.
The NE15 7TG Rental Market has increased by 56.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £738pcm |
| June 2025 | 4.8% | £720pcm |
| June 2024 | 8% | £687pcm |
| June 2023 | 10.9% | £636pcm |
| June 2022 | 10.8% | £573pcm |
| June 2021 | 4.3% | £517pcm |
| June 2020 | 2.3% | £496pcm |
| June 2019 | 1.7% | £485pcm |
| June 2018 | 0.4% | £477pcm |
| June 2017 | 0.8% | £475pcm |
| June 2016 | 1.1% | £471pcm |
| June 2015 | 1.9% | £466pcm |
| June 2014 | 1.4% | £457pcm |
| June 2013 | 0.5% | £451pcm |
| June 2012 | 0.1% | £449pcm |
| June 2011 | 0.1% | £448pcm |
| June 2010 | 2.2% | £448pcm |
| June 2009 | -3.5% | £438pcm |
| June 2008 | -1.1% | £454pcm |
| June 2007 | 0% | £459pcm |
Sales History
The last sale was on 19th December 2024 for £90,000 and since then the market in the area has increased by 1.7%. The postcode has had a total of 39 sales since 1995.
NE15 7TG has seen 5 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£90,000 | 2 Bed Flat28, Wood Grove, Newcastle Upon Tyne, NE15 7TG28, Wood Grove, Newcastle Upon Tyne, NE15 7TG
- Sold Aug 2024£215,000 | 3 Bed House47, Wood Grove, Newcastle Upon Tyne, NE15 7TG47, Wood Grove, Newcastle Upon Tyne, NE15 7TG
- Sold Aug 2024£75,000 | 2 Bed Flat38, Wood Grove, Newcastle Upon Tyne, NE15 7TG38, Wood Grove, Newcastle Upon Tyne, NE15 7TG
- Sold Jun 2024£85,000 | 2 Bed Flat31, Wood Grove, Newcastle Upon Tyne, NE15 7TG31, Wood Grove, Newcastle Upon Tyne, NE15 7TG
- Sold Apr 2024£95,000 | 2 Bed Flat33, Wood Grove, Newcastle Upon Tyne, NE15 7TG33, Wood Grove, Newcastle Upon Tyne, NE15 7TG
Nearby Postcodes
NE15 7TG is the 603rd largest and the 120th most expensive postcode out of the 874 postcodes in the NE15 area.
- NE15 7TF, Wood Grove, Newcastle Upon Tyne, NE15NE15 7TF24 Addresses|94 m away
- NE15 7SU, Melrose Close, West Denton, Newcastle Upon Tyne, NE15NE15 7SU23 Addresses|131 m away
- NE15 7SW, Lintzford Gardens, Newcastle Upon Tyne, NE15NE15 7SW19 Addresses|171 m away
- NE15 7RD, Southway, Newcastle Upon Tyne, NE15NE15 7RD44 Addresses|172 m away
- NE15 7SJ, Lockerbie Gardens, Newcastle Upon Tyne, NE15NE15 7SJ15 Addresses|190 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 10 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 7 other addresses of unknown type
- mid-century house (6)
- mid-century flat (10)
- house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (1)
- F (1)
- C (4)
- G (0)
- D (6)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Aug 2024£215,000 | 3 Bed House47, Wood Grove, Newcastle Upon Tyne, NE15 7TG47, Wood Grove, Newcastle Upon Tyne, NE15 7TG
- Sold Aug 2021£180,000 | 3 Bed HouseSchool House, Wood Grove, Newcastle Upon Tyne, NE15 7TFSchool House, Wood Grove, Newcastle Upon Tyne, NE15 7TF
- Sold Nov 2020£180,000 | 3 Bed House44, Wood Grove, Newcastle Upon Tyne, NE15 7TG44, Wood Grove, Newcastle Upon Tyne, NE15 7TG
Schools Nearby
- Broadwood Primary School200 m away
- Waverley Primary School400 m away
- St Bede's Catholic Primary School, Newcastle600 m away
- St Cuthbert's High School1.4 km away
- Studio West1.7 km away
- Sacred Heart Catholic High School2.5 km away
More reading links
Public Transport Nearby
The closest station to NE15 7TG is Blaydon station, which is 1.8 kilometres away.
- Blaydon|1.8 km away
- MetroCentre|3.0 km away
- Dunston|4.8 km away
- Newcastle|5.2 km away
