Housing Market Analysis for MELROSE TERRACE, NE22 5UR

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

Overview of Sold House prices

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

Terraced
- The average price is around £67,504 median price is £72,000 Standard Deviation is £29,600 with Total Sold: 41
- The Last 5 Year average price is £81,091 with Total Sold: 11
- The most recent sale happened at this postcode is 1 MELROSE TERRACE: £100,000 (Sold on 27 Oct 2023)
- The first recorded sale happened at this postcode is 5 MELROSE TERRACE: £115,000 (Sold on 10 Mar 2023)
Flat
- The average price is around £44,475 median price is £45,450 Standard Deviation is £21,367 with Total Sold: 4
- The Last 5 Year average price is £66,500 with Total Sold: 1
- The most recent sale happened at this postcode is 21 MELROSE TERRACE: £66,500 (Sold on 19 Dec 2022)
- The first recorded sale happened at this postcode is 26A MELROSE TERRACE: £20,500 (Sold on 02 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE22 5UR 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£107,500	£1,333	2
2021	£64,333	£878	3
2020	£94,500	£1,142	2
2019	£59,000	£788	3
2016	£73,750	£1,093	2
2015	£91,500	£981	2
2014	£89,950	£841	1
2011	£50,000	£805	2
2009	£63,000	£969	1
2008	£82,500	£1,001	2
2007	£97,000	£1,180	3
2006	£102,000	£1,233	2
2005	£78,333	£1,210	3
2004	£48,875	£949	2
2003	£55,000	£519	1
2002	£25,833	£292	3
2001	£29,500	£397	2
1999	£35,475	£325	2
1998	£30,000	£385	1
1997	£7,000	£66	1
2024	£118,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£66,500	£1,039	1
2007	£65,000	£1,018	1
2003	£25,900	£406	1
1996	£20,500		1

All the Sales in the MELROSE TERRACE, NE22 5UR

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

Address	Sold Date	Price	% Change
1 MELROSE TERRACETerraced, FreeholdArea: 75 Sq.mtrAge: 1930-1949	27 Oct 2023	£100,000	33.33%
	16 Apr 2021	£75,000	-0.66%
	25 Jul 2016	£75,500	-21.35%
	27 Mar 2007	£96,000	269.23%
	11 Oct 2002	£26,000	First Sale
21 MELROSE TERRACEFlat, LeaseholdArea: 64 Sq.mtrAge: 1930-1949	19 Dec 2022	£66,500	First Sale
10 MELROSE TERRACETerraced, FreeholdArea: 65 Sq.mtrAge: 1900-1929	28 Oct 2021	£68,000	13.33%
	26 Sep 2019	£60,000	33.33%
	29 Mar 2019	£45,000	-28.57%
	15 May 2009	£63,000	-16.00%
	14 Nov 2008	£75,000	First Sale
5 MELROSE TERRACETerraced, FreeholdArea: 85 Sq.mtrAge: 1930-1949	11 Jun 2021	£50,000	-56.52%
	10 Mar 2023	£115,000	First Sale
17 MELROSE TERRACETerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	22 Oct 2020	£75,000	First Sale
13 MELROSE TERRACETerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	24 Mar 2020	£114,000	16.33%
	07 May 2015	£98,000	First Sale
18 MELROSE TERRACETerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	04 Apr 2019	£72,000	50.00%
	21 Oct 2011	£48,000	First Sale
6 MELROSE TERRACETerraced, FreeholdArea: 61 Sq.mtrAge: 1900-1929	22 Dec 2016	£72,000	-15.29%
	19 May 2006	£85,000	First Sale
3 MELROSE TERRACETerraced, FreeholdArea: 107 Sq.mtrAge: 1900-1929	02 Feb 2015	£85,000	-5.50%
	15 Dec 2014	£89,950	-0.06%
	17 Oct 2008	£90,000	63.64%
	31 Jan 2003	£55,000	57.37%
	15 Oct 1999	£34,950	399.29%
	09 Oct 1997	£7,000	First Sale
2 MELROSE TERRACETerraced, FreeholdArea: 46.88 Sq.mtrAge: 1900-1929	29 Jul 2011	£52,000	First Sale
23 MELROSE TERRACETerraced, FreeholdArea: 97 Sq.mtrAge: 1900-1929	01 Jun 2007	£95,000	233.33%
	31 May 2002	£28,500	First Sale
19 MELROSE TERRACETerraced, FreeholdArea: 78 Sq.mtrAge: 1900-1929	12 Apr 2007	£100,000	35.14%
	16 Aug 2004	£74,000	138.71%
	01 Jun 2001	£31,000	3.33%
	26 Jun 1998	£30,000	First Sale
24 MELROSE TERRACEFlat, LeaseholdArea: 63.83 Sq.mtrAge: 1900-1929	09 Feb 2007	£65,000	150.97%
	17 Jun 2003	£25,900	First Sale
20 MELROSE TERRACETerraced, FreeholdArea: 111 Sq.mtrAge: 1900-1929	06 Feb 2006	£119,000	230.56%
	03 Sep 1999	£36,000	First Sale
7 MELROSE TERRACETerraced, FreeholdArea: 81 Sq.mtrAge: 1900-1929	25 Nov 2005	£98,000	First Sale
9 MELROSE TERRACETerraced, Freehold	23 Sep 2005	£67,000	First Sale
25A MELROSE TERRACETerraced, Leasehold	11 Feb 2005	£70,000	194.74%
25A MELROSE TERRACETerraced, Leasehold	02 Feb 2004	£23,750	First Sale
11 MELROSE TERRACETerraced, FreeholdArea: 98 Sq.mtrAge: 1900-1929	27 Mar 2002	£23,000	First Sale
14 MELROSE TERRACETerraced, Freehold	21 Sep 2001	£28,000	First Sale
26A MELROSE TERRACEFlat, Leasehold	02 Dec 1996	£20,500	First Sale
15 MELROSE TERRACETerraced, Freehold	19 Jan 2024	£118,000	First Sale

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

MELROSE TERRACE, NE22 5UR Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £71,455 median price is £69,250 Standard Deviation is £37,111 with Total Sold: 460
- The Last 5 Year average price is £97,982 with Total Sold: 74
- The most recent sale happened at this postcode is , 84 STIRLING DRIVE: £115,000 (Sold on 19 Sep 2024)
- The first recorded sale happened at this postcode is , 6 LUMLEY COURT: £34,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £64,170 median price is £63,750 Standard Deviation is £33,104 with Total Sold: 758
- The Last 5 Year average price is £86,193 with Total Sold: 110
- 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 £52,931 median price is £52,000 Standard Deviation is £34,541 with Total Sold: 484
- The Last 5 Year average price is £74,600 with Total Sold: 90
- The most recent sale happened at this postcode is , 16 HASTINGS COURT: £39,000 (Sold on 09 Aug 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 £119,154 median price is £90,000 Standard Deviation is £261,338 with Total Sold: 57
- The Last 5 Year average price is £132,431 with Total Sold: 46
- 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)
Detached
- The average price is around £118,350 median price is £111,500 Standard Deviation is £65,158 with Total Sold: 154
- The Last 5 Year average price is £200,089 with Total Sold: 28
- The most recent sale happened at this postcode is , 4 MANSION COURT: £285,000 (Sold on 21 Aug 2023)
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£93,714	£673	7
2023	£120,206	£1,565	11
2022	£113,091	£1,485	11
2021	£88,550	£1,333	13
2020	£92,100	£1,109	15
2019	£87,985	£1,026	17
2018	£93,538	£1,050	13
2017	£79,833	£1,049	15
2016	£90,613	£1,099	15
2015	£83,750	£1,136	14
2014	£71,606	£983	16
2013	£78,369	£915	8
2012	£62,857	£806	7
2011	£61,500	£901	9
2010	£79,375	£963	8
2009	£79,800	£1,052	10
2008	£80,818	£1,200	11
2007	£105,635	£1,381	30
2006	£99,800	£1,365	27
2005	£81,500	£1,257	20
2004	£76,334	£950	18
2003	£65,320	£970	26
2002	£47,096	£720	14
2001	£41,149	£569	16
2000	£36,459	£462	21
1999	£37,891	£527	17
1998	£34,665	£536	13
1997	£34,374	£505	17
1996	£30,033	£365	21
1995	£31,301	£410	20

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£95,300	£1,079	9
2023	£85,658	£1,250	19
2022	£91,028	£1,231	23
2021	£86,367	£1,257	24
2020	£89,076	£1,135	19
2019	£71,072	£1,008	16
2018	£67,568	£944	18
2017	£70,736	£1,023	25
2016	£81,486	£1,058	28
2015	£87,750	£912	10
2014	£78,148	£997	24
2013	£61,000	£800	10
2012	£63,115	£853	13
2011	£62,500	£1,019	9
2010	£81,565	£1,070	15
2009	£92,182	£1,305	11
2008	£101,827	£1,510	24
2007	£93,401	£1,303	53
2006	£87,892	£1,289	38
2005	£88,971	£1,155	35
2004	£68,659	£1,018	53
2003	£49,231	£734	57
2002	£31,656	£461	44
2001	£30,193	£429	37
2000	£30,502	£421	34
1999	£28,656	£364	25
1998	£27,595	£356	19
1997	£28,329	£391	23
1996	£27,563	£374	28
1995	£27,048	£480	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£82,875	£583	8
2023	£99,637	£1,584	38
2022	£53,138	£870	8
2021	£46,091	£801	11
2020	£60,926	£1,205	17
2019	£37,119	£686	8
2018	£36,275	£617	12
2017	£67,098	£1,255	41
2016	£45,568	£733	11
2015	£39,175	£610	10
2014	£55,111	£922	9
2013	£38,200	£628	5
2012	£53,000	£945	4
2011	£51,333	£801	3
2010	£59,090	£1,073	5
2009	£61,854	£1,095	12
2008	£97,976	£1,138	14
2007	£74,026	£1,371	29
2006	£69,920	£1,258	20
2005	£61,803	£1,029	31
2004	£58,848	£1,027	35
2003	£39,848	£693	25
2002	£25,349	£426	35
2001	£22,327	£394	24
2000	£18,854	£293	14
1999	£20,332	£368	11
1998	£20,875	£409	6
1997	£22,740	£417	10
1996	£21,097	£392	18
1995	£20,320	£334	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£82,000		3
2023	£137,000	£1,224	4
2022	£99,650	£1,300	3
2021	£56,448		2
2020	£148,645	£2,782	31
2019	£92,667		3
2018	£43,000	£525	2
2017	£90,440	£1,409	5
2016	£30,625		2
2015	£50,250	£1,408	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£201,600	£2,142	5
2022	£227,214	£2,343	7
2021	£214,200	£2,096	5
2020	£161,857	£1,841	7
2019	£200,000	£1,906	4
2018	£125,167	£1,429	3
2017	£127,788	£1,698	4
2016	£137,000	£1,223	2
2015	£168,500	£1,320	4
2014	£155,000	£1,604	4
2013	£140,590	£1,634	5
2012	£128,812	£1,432	4
2011	£129,475	£2,326	2
2009	£155,650	£1,959	3
2008	£132,475	£2,059	2
2007	£168,744	£1,409	8
2006	£162,750	£1,800	4
2005	£125,871	£2,098	12
2004	£109,862	£1,496	4
2003	£102,992	£963	6
2002	£66,490	£1,041	5
2001	£69,667	£673	6
2000	£60,788	£666	12
1999	£54,039	£681	9
1998	£59,900	£583	8
1997	£54,618	£582	8
1996	£50,625	£589	4
1995	£43,714	£614	7

House Type in NE22 5UR area

The most common house types in the NE22 5UR postcode area are Terraced (67), Flat (44), and Shared house (20).

Total	150
Terraced	67
Flat	44
Shared house	20
Detached	8
Semi-detached	8
converted building	2
commercial building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (69), and Owned: Owns outright (39).

Private rented: Private landlord or letting agency	69
Owned: Owns outright	39
Owned: Owns with a mortgage or loan	30
Private rented: Other private rented	6
Social rented: Rents from council or Local Authority	3
Social rented: Other social 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 5UR have 1 person in household (74), and 2 people in household (39).

1 person in household	74
2 people in household	39
3 people in household	28
4 people in household	9
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0