Housing Market Analysis for MELROSE AVENUE, NE22 5LL

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £85,729 median price is £93,000 Standard Deviation is £28,279 with Total Sold: 30
- The Last 5 Year average price is £102,030 with Total Sold: 9
- The most recent sale happened at this postcode is 24 MELROSE AVENUE: £108,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is 15 MELROSE AVENUE: £12,200 (Sold on 11 Sep 1995)
Terraced
- The average price is around £96,875 median price is £87,500 Standard Deviation is £28,050 with Total Sold: 8
- The Last 5 Year average price is £97,750 with Total Sold: 2
- The most recent sale happened at this postcode is 45 MELROSE AVENUE: £85,500 (Sold on 22 Jan 2020)
- The first recorded sale happened at this postcode is 40 MELROSE AVENUE: £70,000 (Sold on 07 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE22 5LL 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£108,000		1
2023	£121,266	£1,225	1
2022	£130,000	£1,646	1
2021	£94,000	£1,497	1
2020	£110,000	£1,319	2
2019	£81,667	£1,048	3
2018	£81,500	£967	2
2016	£101,500	£1,332	2
2014	£84,500	£1,011	2
2013	£85,000	£1,149	1
2012	£68,000	£811	1
2011	£66,000	£1,055	1
2010	£105,000	£1,280	1
2009	£63,000	£1,003	1
2007	£102,150	£1,250	3
2006	£79,950	£808	1
2005	£105,000	£1,145	2
2003	£68,000	£800	1
1999	£26,000		1
1997	£29,000	£337	1
1995	£12,200	£149	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£85,500	£1,188	1
2019	£110,000	£1,122	1
2017	£79,000	£1,274	1
2016	£81,000	£976	1
2014	£165,000	£1,352	1
2007	£92,250	£900	2
2003	£70,000	£843	1

All the Sales in the MELROSE AVENUE, NE22 5LL

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

Address	Sold Date	Price	% Change
24 MELROSE AVENUESemi-Detached, Freehold	28 Mar 2024	£108,000	35.00%
	22 Dec 2014	£80,000	17.65%
	16 Mar 2012	£68,000	First Sale
28 MELROSE AVENUESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1950-1966	05 Jun 2023	£121,266	51.68%
	12 May 2006	£79,950	First Sale
13 MELROSE AVENUESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	23 Sep 2022	£130,000	41.30%
	25 Nov 2016	£92,000	-7.02%
	05 Jun 2007	£98,950	First Sale
34 MELROSE AVENUESemi-Detached, FreeholdArea: 62.8 Sq.mtrAge: 1950-1966	30 Jul 2021	£94,000	49.21%
	29 Apr 2009	£63,000	First Sale
15 MELROSE AVENUESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1967-1975	16 Oct 2020	£115,000	9.52%
	15 Jan 2010	£105,000	760.66%
	11 Sep 1995	£12,200	First Sale
14 MELROSE AVENUESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	20 Mar 2020	£105,000	0.0
	23 Aug 2019	£105,000	-4.55%
	14 Sep 2007	£110,000	61.76%
	24 Nov 2003	£68,000	First Sale
45 MELROSE AVENUETerraced, FreeholdArea: 72 Sq.mtrAge: 1950-1966	22 Jan 2020	£85,500	First Sale
20 MELROSE AVENUESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	22 Nov 2019	£85,000	First Sale
44 MELROSE AVENUETerraced, FreeholdArea: 98 Sq.mtrAge: 1930-1949	29 Jul 2019	£110,000	First Sale
33 MELROSE AVENUESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1950-1966	20 Jun 2019	£55,000	First Sale
29 MELROSE AVENUESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	08 Aug 2018	£60,000	106.90%
	26 Aug 1997	£29,000	First Sale
25 MELROSE AVENUESemi-Detached, FreeholdArea: 83.36 Sq.mtrAge: 1950-1966	20 Jul 2018	£103,000	15.73%
	28 Nov 2014	£89,000	First Sale
50 MELROSE AVENUETerraced, FreeholdArea: 62 Sq.mtrAge: 1930-1949	28 Feb 2017	£79,000	First Sale
39 MELROSE AVENUESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	22 Jun 2016	£111,000	30.59%
	07 Aug 2013	£85,000	First Sale
48 MELROSE AVENUETerraced, FreeholdArea: 83 Sq.mtrAge: 1930-1949	06 May 2016	£81,000	First Sale
35 MELROSE AVENUETerraced, FreeholdArea: 122 Sq.mtrAge: 1950-1966	07 Feb 2014	£165,000	84.36%
	14 Sep 2007	£89,500	First Sale
49 MELROSE AVENUESemi-Detached, FreeholdArea: 62.54 Sq.mtrAge: 1950-1966	19 Dec 2011	£66,000	First Sale
43 MELROSE AVENUETerraced, FreeholdArea: 89.12 Sq.mtrAge: 1950-1966	01 Jun 2007	£95,000	First Sale
12 MELROSE AVENUESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	16 Feb 2007	£97,500	First Sale
18 MELROSE AVENUESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	25 Nov 2005	£95,000	First Sale
36 MELROSE AVENUESemi-Detached, Freehold	05 Aug 2005	£115,000	First Sale
40 MELROSE AVENUETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	07 Jul 2003	£70,000	First Sale
17 MELROSE AVENUESemi-Detached, Freehold	22 Jan 1999	£26,000	First Sale

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

MELROSE AVENUE, NE22 5LL Near By properties

Interactive Map

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

Terraced
- The average price is around £68,427 median price is £71,500 Standard Deviation is £34,103 with Total Sold: 327
- The Last 5 Year average price is £86,313 with Total Sold: 51
- 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 £61,701 median price is £60,000 Standard Deviation is £43,335 with Total Sold: 234
- The Last 5 Year average price is £85,580 with Total Sold: 65
- 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 £125,467 median price is £90,000 Standard Deviation is £281,791 with Total Sold: 48
- 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 £73,859 median price is £72,000 Standard Deviation is £36,186 with Total Sold: 303
- The Last 5 Year average price is £96,801 with Total Sold: 58
- 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 £120,682 median price is £100,000 Standard Deviation is £71,700 with Total Sold: 105
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£106,083	£1,211	6
2023	£82,067	£1,173	9
2022	£87,606	£1,161	9
2021	£81,112	£1,152	12
2020	£95,931	£1,176	8
2019	£71,086	£913	7
2018	£69,024	£966	9
2017	£70,945	£951	10
2016	£72,500	£928	10
2015	£81,667	£943	6
2014	£86,905	£882	10
2013	£68,600	£831	5
2012	£62,000	£894	6
2011	£62,000	£832	6
2010	£71,317	£1,067	6
2009	£103,167	£1,341	6
2008	£107,579	£1,535	19
2007	£89,304	£1,154	33
2006	£91,674	£1,169	17
2005	£91,796	£1,131	17
2004	£65,626	£954	17
2003	£48,019	£726	22
2002	£30,932	£354	17
2001	£24,345	£337	10
2000	£27,843	£355	14
1999	£27,217	£322	9
1998	£30,929	£347	7
1997	£25,671	£318	7
1996	£25,875	£323	9
1995	£27,431	£393	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£93,417	£583	6
2023	£114,498	£1,957	30
2022	£55,750	£816	2
2021	£47,000	£745	5
2020	£60,926	£1,205	17
2019	£37,000	£683	5
2018	£36,166	£607	3
2017	£69,278	£1,323	36
2016	£55,000	£809	1
2015	£33,562	£505	4
2014	£64,000	£1,080	4
2013	£42,000	£636	1
2012	£38,000	£604	1
2011	£55,000	£845	1
2009	£57,133	£951	6
2008	£126,406	£1,325	8
2007	£68,062	£1,098	8
2006	£66,938	£1,079	8
2005	£61,747	£1,032	16
2004	£56,343	£974	17
2003	£35,311	£506	9
2002	£26,211	£424	14
2001	£19,700	£314	10
2000	£18,167	£258	6
1999	£19,125	£364	4
1998	£20,417	£377	3
1997	£12,000	£176	1
1996	£23,350	£374	5
1995	£18,500	£301	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£82,000		3
2023	£82,667	£1,224	3
2022	£89,975	£1,304	2
2021	£108,000		1
2020	£156,345	£2,936	29
2019	£64,000		2
2018	£45,000		1
2017	£98,050	£1,866	4
2016	£30,625		2
2015	£80,000	£2,500	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£93,083	£1,376	6
2023	£118,585	£1,442	9
2022	£103,999	£1,533	7
2021	£95,642	£1,298	12
2020	£95,167	£1,078	9
2019	£83,767	£1,035	15
2018	£99,154	£1,052	13
2017	£79,350	£976	10
2016	£109,161	£1,323	14
2015	£70,944	£927	9
2014	£73,473	£930	11
2013	£78,369	£915	8
2012	£66,875	£920	8
2011	£55,100	£746	5
2010	£90,143	£1,296	7
2009	£72,375	£887	4
2008	£69,607	£1,161	7
2007	£104,228	£1,306	23
2006	£88,282	£1,222	14
2005	£88,708	£1,175	12
2004	£74,733	£863	9
2003	£52,705	£756	15
2002	£52,085	£670	10
2001	£41,809	£607	11
2000	£34,195	£436	11
1999	£36,306	£351	8
1998	£33,762	£260	8
1997	£35,375	£551	8
1996	£20,330	£256	8
1995	£28,175	£358	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,000		1
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	£122,500	£1,029	1
2015	£172,500	£1,215	1
2014	£180,000	£1,459	3
2013	£161,500	£1,835	2
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	£121,279	£1,869	7
2004	£138,899	£1,294	5
2003	£89,790	£1,064	5
2002	£58,500	£323	5
2001	£66,799	£732	5
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 5LL area

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

Total	101
Semi-detached	76
Detached	23
Terraced	1
commercial building	1
Flat	0
Shared house	0
converted building	0
temporary structure	0

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 outright	40
Owned: Owns with a mortgage or loan	29
Social rented: Rents from council or Local Authority	13
Private rented: Private landlord or letting agency	9
Social rented: Other social rented	8
Shared ownership: Shared ownership	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

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

2 people in household	39
1 person in household	26
4 people in household	13
3 people in household	12
5 people in household	8
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0