Housing Market Analysis for MELROSE TERRACE, NE22 5UT

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

Overview of Sold House prices

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

Flat
- The average price is around £43,286 median price is £60,000 Standard Deviation is £22,810 with Total Sold: 7
- The most recent sale happened at this postcode is 29 MELROSE TERRACE: £65,000 (Sold on 30 Sep 2014)
- The first recorded sale happened at this postcode is 26 MELROSE TERRACE: £18,500 (Sold on 26 Feb 1999)
Terraced
- The average price is around £79,969 median price is £86,000 Standard Deviation is £42,009 with Total Sold: 8
- The most recent sale happened at this postcode is 33 MELROSE TERRACE: £85,000 (Sold on 23 Mar 2012)
- The first recorded sale happened at this postcode is 31 MELROSE TERRACE: £30,000 (Sold on 08 Jun 2000)
Semi-Detached
- The average price is around £68,500 median price is £68,500 Standard Deviation is £26,500 with Total Sold: 2
- The most recent sale happened at this postcode is 39 MELROSE TERRACE: £95,000 (Sold on 25 Aug 2009)
- The first recorded sale happened at this postcode is 41 MELROSE TERRACE: £42,000 (Sold on 22 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE22 5UT 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£65,000	£1,083	1
2009	£63,000	£1,155	2
2008	£60,000		1
2001	£16,750	£188	2
1999	£18,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2012	£85,000	£789	1
2008	£118,000	£1,168	1
2006	£87,000	£1,130	1
2005	£130,000	£1,313	1
2004	£76,875	£360	2
2003	£36,000	£643	1
2000	£30,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£95,000		1
1995	£42,000		1

All the Sales in the MELROSE TERRACE, NE22 5UT

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

Address	Sold Date	Price	% Change
29 MELROSE TERRACEFlat, LeaseholdArea: 60 Sq.mtrAge: 1900-1929	30 Sep 2014	£65,000	3.17%
	27 Feb 2009	£63,000	530.00%
	12 Jan 2001	£10,000	First Sale
33 MELROSE TERRACETerraced, FreeholdArea: 107.73 Sq.mtrAge: 1900-1929	23 Mar 2012	£85,000	First Sale
39 MELROSE TERRACESemi-Detached, Freehold	25 Aug 2009	£95,000	First Sale
29A MELROSE TERRACEFlat, FreeholdArea: 56 Sq.mtrAge: 1900-1929	27 Feb 2009	£63,000	75.00%
	03 Jul 2003	£36,000	First Sale
27A MELROSE TERRACEFlat, Leasehold	08 Dec 2008	£60,000	155.32%
27A MELROSE TERRACEFlat, Leasehold	25 May 2001	£23,500	First Sale
28 MELROSE TERRACETerraced, FreeholdArea: 101 Sq.mtrAge: 1930-1949	21 Nov 2008	£118,000	First Sale
34 MELROSE TERRACETerraced, FreeholdArea: 77 Sq.mtrAge: 1900-1929	06 Oct 2006	£87,000	First Sale
35 MELROSE TERRACETerraced, FreeholdArea: 99 Sq.mtrAge: 1950-1966	11 Nov 2005	£130,000	First Sale
37 MELROSE TERRACETerraced, Freehold	30 Apr 2004	£130,000	First Sale
25 MELROSE TERRACETerraced, FreeholdArea: 66 Sq.mtrAge: 1900-1929	02 Feb 2004	£23,750	First Sale
31 MELROSE TERRACETerraced, Freehold	08 Jun 2000	£30,000	First Sale
26 MELROSE TERRACEFlat, Leasehold	26 Feb 1999	£18,500	First Sale
41 MELROSE TERRACESemi-Detached, Freehold	22 Feb 1995	£42,000	First Sale

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

MELROSE TERRACE, NE22 5UT Near By properties

Interactive Map

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

Terraced
- The average price is around £64,601 median price is £66,000 Standard Deviation is £33,741 with Total Sold: 615
- The Last 5 Year average price is £86,922 with Total Sold: 86
- 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 £53,310 median price is £52,500 Standard Deviation is £34,744 with Total Sold: 474
- 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 £122,200 median price is £90,000 Standard Deviation is £268,016 with Total Sold: 54
- The Last 5 Year average price is £137,182 with Total Sold: 43
- 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 £72,800 median price is £70,000 Standard Deviation is £38,214 with Total Sold: 433
- The Last 5 Year average price is £100,406 with Total Sold: 72
- 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 , 6 LUMLEY COURT: £34,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £119,702 median price is £102,000 Standard Deviation is £67,229 with Total Sold: 153
- The Last 5 Year average price is £208,912 with Total Sold: 28
- 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	£95,300	£1,079	9
2023	£83,111	£1,147	14
2022	£85,332	£1,175	17
2021	£87,040	£1,211	20
2020	£93,897	£1,114	15
2019	£77,645	£1,004	11
2018	£66,230	£920	14
2017	£68,435	£939	17
2016	£80,238	£1,032	21
2015	£87,750	£912	10
2014	£79,277	£905	20
2013	£62,556	£792	9
2012	£62,250	£832	10
2011	£64,250	£992	10
2010	£83,391	£1,083	14
2009	£96,222	£1,249	9
2008	£104,298	£1,510	23
2007	£89,776	£1,281	47
2006	£88,013	£1,309	35
2005	£89,155	£1,137	26
2004	£68,371	£978	43
2003	£49,506	£731	45
2002	£30,244	£431	35
2001	£28,605	£427	28
2000	£29,538	£394	28
1999	£26,091	£338	16
1998	£27,739	£356	18
1997	£27,104	£353	18
1996	£27,126	£346	22
1995	£25,611	£456	11

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	£67,450	£1,263	40
2016	£46,325	£744	10
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	£57,625	£1,061	4
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	£39,633	£693	24
2002	£25,256	£426	34
2001	£22,298	£393	23
2000	£18,854	£293	14
1999	£19,465	£368	10
1998	£20,875	£409	6
1997	£22,878	£419	9
1996	£20,797	£387	16
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	£89,975	£1,304	2
2021	£56,448		2
2020	£156,345	£2,936	29
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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£93,083	£1,376	6
2023	£123,272	£1,594	12
2022	£113,111	£1,547	9
2021	£94,264	£1,320	14
2020	£93,542	£1,109	12
2019	£91,118	£1,097	19
2018	£99,382	£1,098	17
2017	£74,154	£934	13
2016	£99,810	£1,207	20
2015	£76,958	£1,111	12
2014	£74,513	£994	15
2013	£78,369	£915	8
2012	£66,875	£920	8
2011	£53,357	£690	7
2010	£84,350	£1,156	10
2009	£71,167	£969	6
2008	£73,194	£1,200	9
2007	£108,708	£1,459	30
2006	£90,509	£1,343	22
2005	£87,941	£1,315	17
2004	£76,412	£962	17
2003	£64,164	£960	23
2002	£49,906	£720	18
2001	£41,705	£584	19
2000	£33,832	£445	17
1999	£38,512	£474	13
1998	£35,810	£485	10
1997	£32,525	£546	16
1996	£27,933	£339	18
1995	£29,220	£407	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,000		1
2023	£225,000	£2,504	5
2022	£227,066	£2,252	8
2021	£231,500	£1,895	4
2020	£166,800	£1,716	5
2019	£184,600	£1,909	5
2018	£140,000	£1,432	2
2017	£133,550	£1,959	3
2016	£137,000	£1,223	2
2015	£160,500	£1,252	3
2014	£180,000	£1,459	3
2013	£140,590	£1,634	5
2012	£140,562	£1,745	4
2011	£129,475	£2,326	2
2010	£90,000	£500	1
2009	£155,650	£1,959	3
2008	£140,000	£2,059	1
2007	£154,433	£1,644	9
2006	£163,667	£1,800	3
2005	£130,439	£2,098	9
2004	£132,408	£1,458	6
2003	£97,325	£1,064	6
2002	£62,075	£771	6
2001	£70,749	£754	8
2000	£67,650	£666	13
1999	£60,104	£655	13
1998	£63,542	£725	6
1997	£54,984	£652	7
1996	£49,500	£623	5
1995	£44,300	£617	5

House Type in NE22 5UT area

The most common house types in the NE22 5UT 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 5UT 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