Housing Market Analysis for MELROSE AVENUE, NE22 5LJ

Are you looking to understand NE22 5LJ 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 5LJ area, explore the NE22 5LJ Area information page.
For comprehensive crime statistics in the NE22 5LJ area, explore the NE22 5LJ Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £82,750 median price is £79,500 Standard Deviation is £17,570 with Total Sold: 4
    • The Last 5 Year average price is £86,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 MELROSE AVENUE: £62,000 (Sold on 13 Jul 2022)
    • The first recorded sale happened at this postcode is 5 MELROSE AVENUE: £75,000 (Sold on 03 Jun 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average NE22 5LJ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£62,0001
2020£110,000 £982 1
2011£84,000 £1,023 1
2010£75,000 £904 1

All the Sales in the MELROSE AVENUE, NE22 5LJ

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

AddressSold DatePrice% Change
8 MELROSE AVENUESemi-Detached, Freehold13 Jul 2022£62,000First Sale
1 MELROSE AVENUESemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1950-196602 Dec 2020£110,000First Sale
9 MELROSE AVENUESemi-Detached, FreeholdArea: 82.08 Sq.mtrAge: 1930-194918 Mar 2011£84,000First Sale
5 MELROSE AVENUESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-196603 Jun 2010£75,000First Sale

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

MELROSE AVENUE, NE22 5LJ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £66,857 median price is £69,350 Standard Deviation is £34,935 with Total Sold: 416
    • The Last 5 Year average price is £86,751 with Total Sold: 68
    • The most recent sale happened at this postcode is , 4 KELSO GARDENS: £115,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 PIONEER TERRACE: £34,500 (Sold on 06 Mar 1995)
  • Flat
    • The average price is around £57,828 median price is £57,000 Standard Deviation is £39,667 with Total Sold: 307
    • The Last 5 Year average price is £82,587 with Total Sold: 71
    • The most recent sale happened at this postcode is , 10A CLAYTON STREET: £82,000 (Sold on 08 Jul 2024)
    • The first recorded sale happened at this postcode is , 10 PIONEER TERRACE: £22,000 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £124,131 median price is £90,000 Standard Deviation is £279,055 with Total Sold: 49
    • The Last 5 Year average price is £136,099 with Total Sold: 40
    • The most recent sale happened at this postcode is , 10 CLAYTON STREET: £82,000 (Sold on 08 Jul 2024)
    • The first recorded sale happened at this postcode is , CLAYTON ARMS PALACE ROAD: £80,000 (Sold on 16 Oct 2015)
  • Semi-Detached
    • The average price is around £74,270 median price is £71,250 Standard Deviation is £36,237 with Total Sold: 336
    • The Last 5 Year average price is £97,824 with Total Sold: 60
    • The most recent sale happened at this postcode is , 55 QUEENS ROAD: £75,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 41 MELROSE TERRACE: £42,000 (Sold on 22 Feb 1995)
  • Detached
    • The average price is around £120,827 median price is £100,000 Standard Deviation is £70,771 with Total Sold: 109
    • The Last 5 Year average price is £223,168 with Total Sold: 18
    • The most recent sale happened at this postcode is , 15 WOODSIDE: £225,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is , 20 CHERRYTREE COURT: £53,000 (Sold on 12 Apr 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£96,900 £1,079 8
2023£80,712 £1,094 12
2022£84,188 £1,075 13
2021£85,954 £1,174 14
2020£98,495 £1,166 11
2019£77,410 £978 10
2018£67,111 £913 11
2017£72,117 £950 12
2016£72,727 £923 11
2015£80,643 £925 7
2014£84,361 £901 14
2013£63,833 £775 6
2012£67,857 £917 7
2011£57,929 £786 7
2010£76,836 £1,102 7
2009£96,375 £1,249 8
2008£106,550 £1,512 20
2007£88,883 £1,156 34
2006£88,974 £1,196 21
2005£93,067 £1,144 23
2004£66,121 £909 29
2003£48,825 £708 29
2002£27,272 £324 23
2001£23,204 £303 13
2000£28,017 £346 18
1999£26,177 £318 11
1998£26,444 £308 9
1997£25,300 £313 9
1996£27,748 £323 14
1995£24,245 £393 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£93,417 £583 6
2023£109,967 £1,821 32
2022£57,625 £931 4
2021£48,833 £774 6
2020£60,926 £1,205 17
2019£37,492 £673 6
2018£33,250 £570 6
2017£68,919 £1,311 37
2016£50,250 £809 5
2015£40,179 £650 7
2014£57,286 £960 7
2013£36,000 £534 3
2012£49,000 £793 3
2011£51,333 £801 3
2009£56,367 £969 9
2008£118,679 £1,202 9
2007£70,667 £1,163 15
2006£68,173 £1,129 11
2005£62,855 £1,027 21
2004£56,587 £966 21
2003£37,625 £589 14
2002£25,520 £421 20
2001£20,000 £321 12
2000£17,938 £261 8
1999£19,125 £364 4
1998£19,812 £377 4
1997£20,400 £304 3
1996£19,600 £344 8
1995£18,250 £300 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£82,0003
2023£82,667 £1,224 3
2022£89,975 £1,304 2
2021£108,0001
2020£156,345 £2,936 29
2019£64,0002
2018£45,0001
2017£90,440 £1,409 5
2016£30,6252
2015£80,000 £2,500 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£93,083 £1,376 6
2023£118,585 £1,442 9
2022£109,749 £1,547 8
2021£95,642 £1,298 12
2020£96,150 £1,094 10
2019£83,767 £1,035 15
2018£99,382 £1,098 17
2017£78,500 £956 11
2016£108,083 £1,302 15
2015£70,944 £927 9
2014£72,475 £908 12
2013£78,369 £915 8
2012£66,875 £920 8
2011£55,100 £746 5
2010£85,667 £1,189 9
2009£72,375 £887 4
2008£69,607 £1,161 7
2007£103,625 £1,287 26
2006£91,596 £1,222 15
2005£87,269 £1,175 13
2004£75,976 £871 11
2003£63,843 £911 19
2002£52,085 £670 10
2001£41,426 £594 15
2000£35,804 £449 12
1999£38,945 £422 10
1998£35,233 £362 9
1997£34,472 £551 9
1996£23,924 £256 10
1995£28,175 £358 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,0001
2023£260,000 £2,395 2
2022£249,756 £2,445 4
2021£253,667 £2,064 3
2020£196,333 £1,667 3
2019£184,600 £1,909 5
2017£152,500 £1,883 2
2016£137,000 £1,223 2
2015£172,500 £1,215 1
2014£180,000 £1,459 3
2013£143,333 £1,759 3
2012£140,562 £1,745 4
2011£126,000 £1,845 1
2010£90,000 £500 1
2007£158,738 £1,644 8
2006£163,667 £1,800 3
2005£127,369 £1,869 8
2004£138,899 £1,294 5
2003£89,790 £1,064 5
2002£58,500 £323 5
2001£67,332 £732 6
2000£70,636 £610 7
1999£63,278 £645 9
1998£65,050 £725 5
1997£56,982 £567 6
1996£42,500 £628 3
1995£43,750 £617 4

House Type in NE22 5LJ area

The most common house types in the NE22 5LJ postcode area are Semi-detached (76), Detached (23), and Terraced (1).

Total101
Semi-detached76
Detached23
Terraced1
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (40), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright40
Owned: Owns with a mortgage or loan29
Social rented: Rents from council or Local Authority13
Private rented: Private landlord or letting agency9
Social rented: Other social rented8
Shared ownership: Shared ownership1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE22 5LJ have 2 people in household (39), and 1 person in household (26).

2 people in household39
1 person in household26
4 people in household13
3 people in household12
5 people in household8
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0