Housing Market Analysis for TOWERS CLOSE, NE22 5ER

Are you looking to understand NE22 5ER 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 Northumberland postcode.

For the location information and nearby amenities in the NE22 5ER area, explore the NE22 5ER Area information page.
For comprehensive crime statistics in the NE22 5ER area, explore the NE22 5ER Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE22 5ER postcode area, The average prices are as follows,

Detached
- The average price is around £190,112 median price is £196,000 Standard Deviation is £72,760 with Total Sold: 20
- The Last 5 Year average price is £258,416 with Total Sold: 6
- The most recent sale happened at this postcode is 9 TOWERS CLOSE: £390,000 (Sold on 19 May 2023)
- The first recorded sale happened at this postcode is 17 TOWERS CLOSE: £75,000 (Sold on 01 Dec 1995)
Terraced
- The average price is around £148,000 median price is £148,000 Standard Deviation is £7,000 with Total Sold: 2
- The most recent sale happened at this postcode is 38 TOWERS CLOSE: £141,000 (Sold on 04 Jul 2014)
- The first recorded sale happened at this postcode is 42 TOWERS CLOSE: £155,000 (Sold on 19 Oct 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE22 5ER 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£299,498	£2,737	3
2021	£206,000	£2,315	1
2020	£210,000	£2,059	1
2019	£236,000	£1,967	1
2017	£199,998	£1,966	3
2013	£202,000	£1,656	1
2011	£212,252	£2,061	1
2006	£197,000		1
2005	£187,500		1
2004	£183,667	£1,653	3
2000	£73,000		1
1999	£83,000	£680	1
1998	£71,000		1
1995	£75,000	£824	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£141,000	£1,500	1
2006	£155,000		1

All the Sales in the TOWERS CLOSE, NE22 5ER

See the table below for more details on the sold house prices in the NE22 5ER, Northumberland postcode.

Address	Sold Date	Price	% Change
9 TOWERS CLOSEDetached, FreeholdArea: 120 Sq.mtrAge: 1967-1975	19 May 2023	£390,000	65.25%
	11 Oct 2019	£236,000	First Sale
24 TOWERS CLOSEDetached, FreeholdArea: 103 Sq.mtrAge: 1991-1995	27 Feb 2023	£260,000	22.50%
	14 Oct 2011	£212,252	8.85%
	19 Jul 2004	£195,000	First Sale
26 TOWERS CLOSEDetached, FreeholdArea: 102 Sq.mtrAge: 1976-1982	15 Feb 2023	£248,495	First Sale
18 TOWERS CLOSEDetached, FreeholdArea: 89 Sq.mtrAge: 1967-1975	15 Feb 2021	£206,000	First Sale
16 TOWERS CLOSEDetached, FreeholdArea: 102 Sq.mtrAge: 1976-1982	15 Dec 2020	£210,000	First Sale
17 TOWERS CLOSEDetached, FreeholdArea: 91 Sq.mtrAge: 1976-1982	03 Nov 2017	£185,000	146.67%
	01 Dec 1995	£75,000	First Sale
30 TOWERS CLOSEDetached, FreeholdArea: 91.98 Sq.mtrAge: 1976-1982	20 Sep 2017	£189,995	First Sale
11 TOWERS CLOSEDetached, FreeholdArea: 125 Sq.mtrAge: 1976-1982	20 Mar 2017	£225,000	27.48%
	17 Aug 2004	£176,500	First Sale
38 TOWERS CLOSETerraced, FreeholdArea: 94 Sq.mtrAge: 1967-1975	04 Jul 2014	£141,000	First Sale
6 TOWERS CLOSEDetached, FreeholdArea: 122 Sq.mtrAge: 1967-1975	05 Jul 2013	£202,000	143.37%
	03 Dec 1999	£83,000	First Sale
42 TOWERS CLOSETerraced, Freehold	19 Oct 2006	£155,000	First Sale
12 TOWERS CLOSEDetached, Freehold	07 Feb 2006	£197,000	First Sale
20 TOWERS CLOSEDetached, Freehold	28 Oct 2005	£187,500	4.46%
	28 May 2004	£179,500	152.82%
	15 May 1998	£71,000	First Sale
8 TOWERS CLOSEDetached, Freehold	20 Apr 2000	£73,000	First Sale

Check out the sold house prices near the NE22 5ER postcode. Properties currently for saleProperties currently for rent

TOWERS CLOSE, NE22 5ER Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE22 5ER 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 NE22 5ER postcode.

Flat
- The average price is around £51,797 median price is £50,000 Standard Deviation is £27,487 with Total Sold: 262
- The Last 5 Year average price is £56,836 with Total Sold: 36
- The most recent sale happened at this postcode is , 33 BROOK COURT: £70,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 39 ALFRED AVENUE: £17,000 (Sold on 19 May 1995)
Semi-Detached
- The average price is around £100,561 median price is £98,500 Standard Deviation is £53,199 with Total Sold: 492
- The Last 5 Year average price is £128,963 with Total Sold: 104
- The most recent sale happened at this postcode is , 72 WINDSOR GARDENS: £230,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 9 EAST RIGGS: £44,500 (Sold on 27 Jan 1995)
Detached
- The average price is around £205,673 median price is £199,950 Standard Deviation is £100,673 with Total Sold: 275
- The Last 5 Year average price is £273,923 with Total Sold: 50
- The most recent sale happened at this postcode is , 7 WINDSOR COURT: £230,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 60 HUMFORD WAY: £110,000 (Sold on 12 Jan 1995)
Terraced
- The average price is around £76,855 median price is £73,000 Standard Deviation is £41,849 with Total Sold: 609
- The Last 5 Year average price is £106,286 with Total Sold: 108
- The most recent sale happened at this postcode is , 19 ST NICHOLAS DRIVE: £42,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 11 MILLBANK CRESCENT: £34,000 (Sold on 13 Jan 1995)
Other
- The average price is around £133,799 median price is £90,000 Standard Deviation is £187,767 with Total Sold: 41
- The Last 5 Year average price is £153,814 with Total Sold: 29
- The most recent sale happened at this postcode is , 25 ALFRED AVENUE: £51,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , BLACK BULL FRONT STREET EAST: £106,200 (Sold on 16 Oct 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£71,000	£1,133	3
2023	£74,493	£912	7
2022	£63,351	£1,182	10
2021	£54,429	£941	7
2020	£28,250	£420	2
2019	£34,379	£544	7
2018	£60,207	£1,001	7
2017	£50,911	£778	14
2016	£74,800	£1,311	4
2015	£54,300	£908	5
2014	£56,992	£733	6
2013	£48,900	£911	5
2012	£52,517	£916	6
2010	£71,750	£854	6
2008	£67,340	£1,008	11
2007	£88,153	£1,569	16
2006	£72,004	£1,050	21
2005	£60,557	£1,024	21
2004	£66,618	£931	19
2003	£37,421	£629	17
2002	£26,761	£447	19
2001	£23,793	£395	9
2000	£24,783	£402	6
1999	£22,015	£373	13
1998	£23,072	£377	9
1997	£21,750	£345	2
1996	£29,750	£555	4
1995	£20,533	£274	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£130,429	£1,433	7
2023	£135,940	£1,617	24
2022	£132,400	£1,406	10
2021	£137,185	£1,612	28
2020	£115,363	£1,409	19
2019	£117,469	£1,411	16
2018	£118,139	£1,577	14
2017	£127,335	£1,434	20
2016	£116,660	£1,463	15
2015	£136,062	£1,252	17
2014	£118,031	£1,500	18
2013	£94,207	£1,366	7
2012	£97,025	£1,178	18
2011	£108,132	£1,340	17
2010	£118,114	£1,405	11
2009	£117,200	£1,452	5
2008	£161,688	£1,758	8
2007	£131,627	£1,524	26
2006	£112,478	£1,452	14
2005	£129,653	£1,487	22
2004	£106,634	£1,134	32
2003	£79,080	£836	20
2002	£63,301	£748	18
2001	£52,667	£585	12
2000	£36,645	£382	19
1999	£44,507	£465	15
1998	£39,960	£485	15
1997	£39,960	£378	15
1996	£36,385	£425	17
1995	£35,154	£415	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£332,500		4
2023	£310,387	£2,698	12
2022	£283,375	£2,422	8
2021	£261,182	£2,369	11
2020	£216,071	£2,247	7
2019	£248,625	£2,152	8
2018	£274,000	£2,823	2
2017	£219,792	£2,038	13
2016	£257,554	£2,048	34
2015	£238,369	£2,121	13
2014	£185,500	£1,969	4
2013	£207,111	£1,927	9
2012	£279,195	£1,628	5
2011	£239,188	£1,764	4
2010	£280,000	£2,953	2
2009	£225,500	£1,471	5
2008	£268,104	£2,120	11
2007	£228,250	£1,942	4
2006	£268,110	£1,785	15
2005	£237,045	£1,965	10
2004	£170,127	£1,549	15
2003	£182,606	£1,697	9
2002	£137,082	£1,243	11
2001	£112,700	£757	7
2000	£82,009	£759	9
1999	£87,354	£669	14
1998	£100,650	£825	5
1997	£55,019	£427	8
1996	£80,279	£669	7
1995	£82,661	£616	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£122,056	£1,472	9
2023	£109,762	£1,319	17
2022	£110,890	£1,493	25
2021	£102,498	£1,244	24
2020	£103,633	£1,237	15
2019	£95,983	£1,136	18
2018	£81,405	£1,000	21
2017	£85,308	£1,086	23
2016	£105,584	£1,267	19
2015	£96,636	£1,260	17
2014	£88,389	£1,256	23
2013	£83,115	£980	13
2012	£80,609	£961	13
2011	£97,000	£1,136	10
2010	£92,042	£1,265	10
2009	£114,700	£1,223	10
2008	£100,286	£1,318	14
2007	£106,052	£1,354	27
2006	£105,341	£1,403	28
2005	£97,335	£1,383	20
2004	£85,957	£1,149	37
2003	£58,533	£820	28
2002	£43,636	£600	28
2001	£37,475	£422	22
2000	£38,265	£486	26
1999	£31,637	£394	15
1998	£35,309	£409	21
1997	£34,772	£403	25
1996	£35,206	£507	27
1995	£31,106	£382	24

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£51,000		1
2023	£281,333	£2,436	3
2022	£69,409	£1,147	11
2021	£323,083	£934	6
2020	£215,000		2
2019	£72,267	£502	6
2018	£76,614	£51	2
2017	£73,375	£1,215	6
2016	£175,000	£2,397	1
2015	£75,250		2
2014	£106,200		1

House Type in NE22 5ER area

The most common house types in the NE22 5ER postcode area are Semi-detached (106), Detached (24), and Terraced (0).

Total	130
Semi-detached	106
Detached	24
Terraced	0
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (41), and Social rented: Rents from council or Local Authority (30).

Owned: Owns outright	41
Social rented: Rents from council or Local Authority	30
Owned: Owns with a mortgage or loan	24
Social rented: Other social rented	18
Private rented: Private landlord or letting agency	16
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE22 5ER have 2 people in household (51), and 1 person in household (26).

2 people in household	51
1 person in household	26
3 people in household	23
4 people in household	19
5 people in household	7
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0