Housing Market Analysis for FORGE LANE, NE17 7RS

Are you looking to understand NE17 7RS house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this County Durham postcode.

For the location information and nearby amenities in the NE17 7RS area, explore the NE17 7RS Area information page.
For comprehensive crime statistics in the NE17 7RS area, explore the NE17 7RS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE17 7RS postcode area, The average prices are as follows,

  • Other
    • The average price is around £500,000 median price is £500,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is DERWENTCOTE FARM FORGE LANE: £500,000 (Sold on 25 Sep 2019)
    • The first recorded sale happened at this postcode is DERWENTCOTE FARM FORGE LANE: £500,000 (Sold on 25 Sep 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average NE17 7RS house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£500,0001

All the Sales in the FORGE LANE, NE17 7RS

See the table below for more details on the sold house prices in the NE17 7RS, County Durham postcode.

AddressSold DatePrice% Change
DERWENTCOTE FARM FORGE LANEOther, Freehold25 Sep 2019£500,000First Sale

Check out the sold house prices near the NE17 7RS postcode. Properties currently for saleProperties currently for rent

FORGE LANE, NE17 7RS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE17 7RS postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE17 7RS postcode.

  • Detached
    • The average price is around £450,577 median price is £445,000 Standard Deviation is £208,078 with Total Sold: 13
    • The Last 5 Year average price is £620,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 4 OWLET GRANGE: £620,000 (Sold on 02 Sep 2020)
    • The first recorded sale happened at this postcode is , LONG CLOSE GATE COTTAGE : £125,000 (Sold on 12 Nov 1999)
  • Other
    • The average price is around £500,000 median price is £500,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , DERWENTCOTE FARM FORGE LANE: £500,000 (Sold on 25 Sep 2019)
    • The first recorded sale happened at this postcode is , DERWENTCOTE FARM FORGE LANE: £500,000 (Sold on 25 Sep 2019)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£620,000 £1,914 1
2013£445,000 £1,243 1
2008£327,5001
2007£722,500 £3,071 2
2005£645,000 £1,802 1
2004£620,0001
2003£345,000 £1,528 4
2001£250,0001
1999£125,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£500,0001

House Type in NE17 7RS area

The most common house types in the NE17 7RS postcode area are Detached (106), Terraced (28), and Semi-detached (16).

Total153
Detached106
Terraced28
Semi-detached16
temporary structure2
converted building1
Flat0
Shared house0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (58).

Owned: Owns outright80
Owned: Owns with a mortgage or loan58
Private rented: Private landlord or letting agency10
Private rented: Other private rented6
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE17 7RS have 2 people in household (78), and 3 people in household (26).

2 people in household78
3 people in household26
4 people in household25
1 person in household21
5 people in household7
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0