Housing Market Analysis for PARK TERRACE, NE22 7JY

Are you looking to understand NE22 7JY 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 7JY area, explore the NE22 7JY Area information page.
For comprehensive crime statistics in the NE22 7JY area, explore the NE22 7JY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE22 7JY postcode area, The average prices are as follows,

  • Other
    • The average price is around £225,000 median price is £225,000 Standard Deviation is £75,000 with Total Sold: 2
    • The Last 5 Year average price is £225,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 PARK TERRACE: £300,000 (Sold on 24 Jan 2023)
    • The first recorded sale happened at this postcode is 7 PARK TERRACE: £150,000 (Sold on 02 Oct 2019)
  • Detached
    • The average price is around £165,000 median price is £165,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £165,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 PARK TERRACE: £165,000 (Sold on 22 Dec 2021)
    • The first recorded sale happened at this postcode is 6 PARK TERRACE: £165,000 (Sold on 22 Dec 2021)
  • Terraced
    • The average price is around £80,000 median price is £80,000 Standard Deviation is £2,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 PARK TERRACE: £77,500 (Sold on 02 Nov 2016)
    • The first recorded sale happened at this postcode is 5 PARK TERRACE: £82,500 (Sold on 25 Jun 2010)
  • Semi-Detached
    • The average price is around £30,750 median price is £30,750 Standard Deviation is £750 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 PARK TERRACE: £31,500 (Sold on 23 Oct 1997)
    • The first recorded sale happened at this postcode is 3 PARK TERRACE: £30,000 (Sold on 27 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE22 7JY 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£300,0001
2019£150,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£165,000 £1,387 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£77,500 £1,033 1
2010£82,500 £1,100 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£30,7502

All the Sales in the PARK TERRACE, NE22 7JY

See the table below for more details on the sold house prices in the NE22 7JY, Northumberland postcode.

AddressSold DatePrice% Change
7 PARK TERRACEOther, Freehold24 Jan 2023£300,000100.00%
02 Oct 2019£150,000First Sale
6 PARK TERRACEDetached, FreeholdArea: 119 Sq.mtrAge: 1900-192922 Dec 2021£165,000First Sale
5 PARK TERRACETerraced, FreeholdArea: 75 Sq.mtrAge: 1900-192902 Nov 2016£77,500-6.06%
25 Jun 2010£82,500First Sale
3 PARK TERRACESemi-Detached, Freehold23 Oct 1997£31,5005.00%
27 Jun 1997£30,000First Sale

Check out the sold house prices near the NE22 7JY postcode. Properties currently for saleProperties currently for rent

PARK TERRACE, NE22 7JY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE22 7JY 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 7JY postcode.

  • Semi-Detached
    • The average price is around £71,218 median price is £66,625 Standard Deviation is £38,932 with Total Sold: 480
    • The Last 5 Year average price is £99,751 with Total Sold: 79
    • 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 , 40 BURNSIDE: £18,500 (Sold on 23 Jan 1995)
  • Detached
    • The average price is around £140,099 median price is £140,500 Standard Deviation is £55,651 with Total Sold: 460
    • The Last 5 Year average price is £210,588 with Total Sold: 59
    • The most recent sale happened at this postcode is , 27 BELSAY GROVE: £260,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 20 CHERRYTREE COURT: £53,000 (Sold on 12 Apr 1995)
  • Flat
    • The average price is around £53,649 median price is £53,000 Standard Deviation is £34,969 with Total Sold: 461
    • The Last 5 Year average price is £75,101 with Total Sold: 89
    • 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)
  • Terraced
    • The average price is around £66,498 median price is £65,000 Standard Deviation is £34,315 with Total Sold: 648
    • The Last 5 Year average price is £89,238 with Total Sold: 90
    • The most recent sale happened at this postcode is , 23 GRANGE AVENUE: £125,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 2 PIONEER TERRACE: £34,500 (Sold on 06 Mar 1995)
  • Other
    • The average price is around £118,269 median price is £90,000 Standard Deviation is £266,187 with Total Sold: 55
    • The Last 5 Year average price is £132,708 with Total Sold: 45
    • 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£84,5007
2023£117,729 £1,514 12
2022£113,202 £1,429 16
2021£88,339 £1,274 18
2020£95,889 £1,175 9
2019£94,809 £1,065 17
2018£95,278 £1,068 9
2017£70,808 £960 13
2016£86,626 £1,057 17
2015£82,650 £1,152 13
2014£71,276 £961 17
2013£75,954 £904 12
2012£67,667 £717 9
2011£70,090 £906 10
2010£90,064 £1,054 7
2009£80,385 £967 13
2008£80,782 £1,139 14
2007£108,224 £1,412 25
2006£97,869 £1,402 26
2005£78,033 £1,268 15
2004£78,607 £925 24
2003£66,421 £933 34
2002£43,357 £636 15
2001£39,954 £480 21
2000£38,852 £497 19
1999£34,850 £457 16
1998£33,530 £485 15
1997£35,123 £527 15
1996£31,974 £378 23
1995£32,830 £431 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,250 £2,177 4
2023£227,350 £2,006 10
2022£230,550 £2,232 10
2021£222,829 £2,014 12
2020£180,688 £1,785 12
2019£183,500 £1,589 11
2018£163,688 £1,508 8
2017£164,144 £1,785 8
2016£180,636 £1,542 11
2015£172,433 £1,562 15
2014£165,944 £1,545 9
2013£159,177 £1,556 11
2012£150,220 £1,374 10
2011£163,056 £1,797 8
2010£181,000 £1,709 4
2009£168,993 £1,678 7
2008£184,785 £1,782 10
2007£183,018 £1,644 19
2006£183,322 £1,641 16
2005£158,069 £1,599 24
2004£154,484 £1,560 16
2003£143,716 £1,255 55
2002£103,537 £924 57
2001£88,457 £797 52
2000£78,225 £706 30
1999£53,979 £702 7
1998£56,200 £539 6
1997£52,427 £582 7
1996£50,625 £589 4
1995£43,714 £614 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£82,875 £583 8
2023£101,519 £1,630 37
2022£53,138 £870 8
2021£46,091 £801 11
2020£60,926 £1,205 17
2019£37,119 £686 8
2018£35,754 £615 11
2017£67,098 £1,255 41
2016£46,625 £752 10
2015£38,861 £606 9
2014£55,111 £922 9
2013£41,667 £724 3
2012£53,000 £945 4
2011£51,333 £801 3
2010£59,090 £1,073 5
2009£64,194 £1,129 9
2008£101,138 £1,181 13
2007£74,134 £1,384 28
2006£69,920 £1,258 20
2005£61,463 £1,029 30
2004£60,197 £1,037 32
2003£39,987 £709 23
2002£25,523 £432 33
2001£22,327 £394 24
2000£19,150 £300 13
1999£20,332 £368 11
1998£21,450 £409 5
1997£22,740 £417 10
1996£21,779 £411 17
1995£21,467 £364 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£104,700 £1,211 5
2023£89,271 £1,300 14
2022£89,982 £1,179 19
2021£100,188 £1,340 21
2020£86,430 £1,116 16
2019£70,777 £974 15
2018£68,267 £948 15
2017£66,945 £995 19
2016£82,879 £1,054 24
2015£92,571 £880 7
2014£75,997 £1,012 20
2013£71,273 £879 11
2012£63,250 £841 14
2011£72,429 £1,140 7
2010£90,587 £1,079 13
2009£106,375 £1,512 8
2008£110,413 £1,511 19
2007£100,264 £1,361 43
2006£90,045 £1,293 38
2005£90,639 £1,203 32
2004£72,435 £1,054 40
2003£50,939 £739 46
2002£34,500 £500 36
2001£33,958 £486 36
2000£33,183 £473 31
1999£30,822 £378 22
1998£30,162 £363 20
1997£28,899 £415 21
1996£28,568 £382 23
1995£30,077 £490 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£82,0003
2023£137,000 £1,224 4
2022£89,475 £1,081 2
2021£56,4482
2020£148,645 £2,782 31
2019£92,6673
2018£38,667 £525 3
2017£85,067 £1,866 3
2016£30,6252
2015£50,250 £1,408 2

House Type in NE22 7JY area

The most common house types in the NE22 7JY postcode area are Terraced (72), Semi-detached (39), and Flat (35).

Total158
Terraced72
Semi-detached39
Flat35
Shared house7
Detached5
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (59), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright59
Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency46
Social rented: Rents from council or Local Authority2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE22 7JY have 1 person in household (75), and 2 people in household (48).

1 person in household75
2 people in household48
3 people in household19
4 people in household12
5 people in household7
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0