Elvet WayHouse Prices / North East, Newcastle upon Tyne
Key Street Insights
Elvet Way is a residential street with 7 addresses.
It ranks as the 92nd largest and 192nd most expensive of the 780 streets in the NE6 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 7 properties: 2 houses and 5 flats.
- Houses
- Flats
Key Street Insights
Elvet Way is a residential street with 7 addresses.
It ranks as the 92nd largest and 192nd most expensive of the 780 streets in the NE6 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 7 properties: 2 houses and 5 flats.
- Houses
- Flats
House Priceson Elvet Way
Sale prices range from £109,131 for 2 bedroom leasehold flats (592 ft2) to £190,339 for 3 bedroom freehold houses with a garden (979 ft2) .
Monthly rental prices range from £906 pcm for 2 bed flats to £1,355 pcm for 3 bed houses.
The gross rental yield is between 8.5% and 10.0%.
The average value per square foot is £191.
Sales Market Trendson Elvet Way
The last sale on Elvet Way sold for £75,000 on 9th April 2021. Since then prices are down an average of 0.0%.
The current average value in the street is £132,334.
The Elvet Way Sales Market has increased by 29.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.9% | £132,334 |
| May 2025 | 6.4% | £131,212 |
| May 2024 | 1.1% | £123,346 |
| May 2023 | 3.1% | £121,954 |
| May 2022 | 6.3% | £118,306 |
| May 2021 | 4.7% | £111,316 |
| May 2020 | 1.2% | £106,305 |
| May 2019 | 1.6% | £105,044 |
| May 2018 | 1.5% | £103,340 |
| May 2017 | -0.6% | £101,822 |
| May 2016 | 2.5% | £102,469 |
| May 2015 | 3.5% | £100,018 |
| May 2014 | 3.4% | £96,612 |
| May 2013 | -1.1% | £93,394 |
| May 2012 | -1.8% | £94,397 |
| May 2011 | -3.4% | £96,168 |
| May 2010 | 2.3% | £99,595 |
| May 2009 | -12.2% | £97,361 |
| May 2008 | -4.4% | £110,950 |
| May 2007 | 0% | £116,077 |
Rental Market Trendson Elvet Way
The current average rental value in the street is £1,034.
The Elvet Way Rental Market has increased by 62.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.7% | £1,034pcm |
| May 2025 | 7.6% | £998pcm |
| May 2024 | 10.2% | £927pcm |
| May 2023 | 7.8% | £841pcm |
| May 2022 | 13.1% | £780pcm |
| May 2021 | 5.5% | £690pcm |
| May 2020 | 1.9% | £654pcm |
| May 2019 | 0.8% | £642pcm |
| May 2018 | 0% | £636pcm |
| May 2017 | 0.1% | £636pcm |
| May 2016 | 2.7% | £636pcm |
| May 2015 | 1.2% | £619pcm |
| May 2014 | 1.6% | £612pcm |
| May 2013 | 0.2% | £603pcm |
| May 2012 | -0.2% | £601pcm |
| May 2011 | -0.5% | £603pcm |
| May 2010 | 2.3% | £606pcm |
| May 2009 | -7% | £592pcm |
| May 2008 | 1.2% | £636pcm |
| May 2007 | 0% | £628pcm |
Explore Propertieson Elvet Way, Newcastle Upon Tyne, NE6
- 1, Elvet Way, Newcastle Upon Tyne, NE6 2TZ
- 2, Elvet Way, Newcastle Upon Tyne, NE6 2TZ2 bed mid-century flat
- 3, Elvet Way, Newcastle Upon Tyne, NE6 2TZ2 bed mid-century flat
- 4, Elvet Way, Newcastle Upon Tyne, NE6 2TZ3 bed mid-century house
- 5, Elvet Way, Newcastle Upon Tyne, NE6 2TZ2 bed mid-century flat
- 6, Elvet Way, Newcastle Upon Tyne, NE6 2TZ2 bed mid-century flat
- 8, Elvet Way, Newcastle Upon Tyne, NE6 2TZ
Sales Historyon Elvet Way, Newcastle Upon Tyne, NE6
The last sale was on 9th April 2021 for £75,000 and since then the market in the area has remained stable. The street has had a total of 2 sales since 1995.
Elvet Way, Newcastle Upon Tyne, NE6 has seen no sales in the last three years and no sales in the last twelve months.
Top 3 Most Expensive Saleson Elvet Way, Newcastle Upon Tyne, NE6
Nearby Streetsto Elvet Way, Newcastle Upon Tyne, NE6
Elvet Way, Newcastle Upon Tyne, NE6 is the 92nd largest and the 192nd most expensive street in the NE6 area.
- 31 mCharles Court, Newcastle Upon Tyne, NE616 Addresses
- 41 mNorth Close, Newcastle Upon Tyne, NE65 Addresses
- 46 mElvet Close, Newcastle Upon Tyne, NE616 Addresses
- 57 mBrough Court, Newcastle Upon Tyne, NE615 Addresses
- 63 mAlgernon Court, Newcastle Upon Tyne, NE62 Addresses
- 66 mNorth View, Heaton, Newcastle Upon Tyne, NE654 Addresses
Postcodeson Elvet Way, Newcastle Upon Tyne, NE6
There is 1 postcode on Elvet Way, Newcastle Upon Tyne, NE6.
- House prices in NE6 2TZ7 Addresses
Property Typesin Elvet Way
- 1 mid-century house built between 1936 and 1979
- 4 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (1)
- mid-century flat (4)
- Unknown (2)
Energy Efficiencyof properties on Elvet Way
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (0)
- No EPC (2)
Schools Nearby
- 400mChillingham Road Primary School
- 500mSt Teresa's Catholic Primary School, Heaton
- 700mSt Lawrence's Catholic Primary School
- 1.6kmBenfield School
- 1.7kmJesmond Park Academy
- 2.1kmWalker Riverside Academy
More reading links
Public Transport Nearby
The closest station to Elvet Way, Newcastle Upon Tyne, NE6 is Manors station, which is 1.9 kilometres away.
- 1.9kmManors
- 2.9kmNewcastle
- 3.5kmHeworth