Housing Market Analysis for NORWICH WAY, NE23 1RA

Are you looking to understand NE23 1RA 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 NE23 1RA area, explore the NE23 1RA Area information page.
For comprehensive crime statistics in the NE23 1RA area, explore the NE23 1RA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE23 1RA postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £111,417 median price is £125,000 Standard Deviation is £21,732 with Total Sold: 3
    • The Last 5 Year average price is £80,750 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 NORWICH WAY: £128,500 (Sold on 08 Jun 2006)
    • The first recorded sale happened at this postcode is 1 NORWICH WAY: £80,750 (Sold on 10 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NE23 1RA 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£126,750 £1,668 2
2023£80,750 £1,242 1

All the Sales in the NORWICH WAY, NE23 1RA

See the table below for more details on the sold house prices in the NE23 1RA, Northumberland postcode.

AddressSold DatePrice% Change
3 NORWICH WAYTerraced, LeaseholdArea: 76 Sq.mtrAge: 1976-198208 Jun 2006£128,5002.80%
09 Mar 2006£125,000First Sale
1 NORWICH WAYTerraced, LeaseholdArea: 65 Sq.mtrAge: 1976-198210 Nov 2023£80,750First Sale

Check out the sold house prices near the NE23 1RA postcode. Properties currently for saleProperties currently for rent

NORWICH WAY, NE23 1RA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE23 1RA 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 NE23 1RA postcode.

  • Semi-Detached
    • The average price is around £126,759 median price is £135,000 Standard Deviation is £59,189 with Total Sold: 500
    • The Last 5 Year average price is £182,646 with Total Sold: 93
    • The most recent sale happened at this postcode is , 20 CONINGSBY CRESCENT: £292,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 34 NEWLYN DRIVE: £55,500 (Sold on 01 Mar 1995)
  • Detached
    • The average price is around £244,410 median price is £248,995 Standard Deviation is £87,100 with Total Sold: 337
    • The Last 5 Year average price is £287,326 with Total Sold: 142
    • The most recent sale happened at this postcode is , 12 CLAXBY GROVE: £335,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 19 DEWSGREEN: £35,000 (Sold on 07 Nov 1995)
  • Terraced
    • The average price is around £103,138 median price is £110,000 Standard Deviation is £53,233 with Total Sold: 444
    • The Last 5 Year average price is £153,533 with Total Sold: 81
    • The most recent sale happened at this postcode is , 5 FAREHAM WAY: £170,000 (Sold on 29 Apr 2024)
    • The first recorded sale happened at this postcode is , 159 NEWLYN DRIVE: £37,000 (Sold on 17 Feb 1995)
  • Flat
    • The average price is around £69,012 median price is £78,000 Standard Deviation is £31,368 with Total Sold: 173
    • The Last 5 Year average price is £100,702 with Total Sold: 20
    • The most recent sale happened at this postcode is , 29 FALMOUTH WALK: £60,000 (Sold on 07 Aug 2023)
    • The first recorded sale happened at this postcode is , 51 NEWLYN DRIVE: £24,500 (Sold on 26 May 1995)
  • Other
    • The average price is around £1,125,034 median price is £59,998 Standard Deviation is £5,734,970 with Total Sold: 38
    • The Last 5 Year average price is £97,512 with Total Sold: 16
    • The most recent sale happened at this postcode is , 4 YELVERTON COURT: £5,650 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is , SUITE 8 DUDLEY COURT: £15,833 (Sold on 08 Dec 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£217,744 £2,304 8
2023£187,563 £2,365 23
2022£181,178 £2,173 19
2021£181,026 £2,336 26
2020£163,594 £2,254 17
2019£160,958 £2,189 53
2018£161,552 £2,172 34
2017£149,162 £1,661 12
2016£148,429 £1,649 7
2015£149,135 £1,558 17
2014£145,450 £1,698 13
2013£140,364 £1,529 11
2012£150,486 £1,930 11
2011£156,181 £1,735 8
2010£143,181 £1,660 8
2009£137,817 £1,904 6
2008£148,950 £1,662 10
2007£157,573 £1,763 13
2006£137,784 £1,634 22
2005£147,880 £1,806 5
2004£120,914 £1,433 14
2003£94,463 £1,054 19
2002£79,900 £993 17
2001£58,502 £762 21
2000£53,182 £707 20
1999£53,830 £652 20
1998£48,385 £571 20
1997£43,206 £536 9
1996£49,708 £488 19
1995£48,303 £574 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£307,400 £2,321 5
2023£331,161 £2,609 9
2022£314,765 £2,626 12
2021£283,267 £2,567 51
2020£277,832 £2,328 65
2019£272,086 £2,423 54
2018£267,128 £2,394 16
2017£195,833 £1,447 3
2016£238,130 £2,056 15
2015£252,563 £2,174 20
2014£221,986 £2,309 7
2013£255,500 £1,669 2
2012£138,000 £1,933 1
2010£200,625 £1,807 4
2009£145,750 £1,998 3
2008£196,725 £1,633 2
2007£290,429 £1,770 7
2006£173,062 £1,814 8
2005£212,238 £1,451 4
2004£198,306 £1,490 8
2003£165,000 £1,213 2
2002£147,167 £947 6
2001£79,633 £620 3
2000£79,557 £580 7
1999£86,030 £625 5
1998£78,475 £698 6
1997£73,483 £952 3
1996£70,860 £547 5
1995£53,738 £504 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£162,300 £2,165 5
2023£153,568 £2,030 11
2022£152,235 £2,033 13
2021£158,910 £1,837 25
2020£147,543 £1,748 27
2019£146,732 £1,834 20
2018£136,908 £1,747 19
2017£116,788 £1,714 12
2016£147,950 £1,702 12
2015£117,808 £1,292 13
2014£110,364 £1,570 11
2013£117,150 £1,217 3
2012£118,412 £1,704 7
2011£120,478 £1,513 7
2010£116,000 £1,699 4
2009£141,500 £1,704 5
2008£117,638 £1,719 4
2007£123,584 £1,732 16
2006£121,528 £1,670 21
2005£139,027 £1,410 15
2004£112,024 £1,400 19
2003£104,515 £1,283 16
2002£68,204 £942 22
2001£57,819 £673 21
2000£56,438 £552 16
1999£45,736 £598 21
1998£44,242 £617 26
1997£43,175 £568 22
1996£38,032 £482 19
1995£34,725 £451 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£60,000 £1,250 1
2022£103,080 £1,467 5
2021£107,804 £1,753 12
2020£72,500 £1,055 2
2019£106,475 £1,494 2
2018£130,0001
2017£86,500 £1,345 8
2016£88,500 £1,348 2
2015£90,750 £1,204 4
2014£67,000 £1,010 4
2013£86,687 £1,459 8
2012£87,750 £1,399 2
2011£81,000 £1,133 2
2010£85,250 £1,581 2
2009£99,0003
2008£98,167 £1,636 3
2007£95,883 £1,605 9
2006£92,562 £1,536 8
2005£86,614 £1,294 7
2004£90,378 £1,358 16
2003£66,719 £1,028 8
2002£48,958 £816 6
2001£36,256 £621 9
2000£33,059 £543 17
1999£26,780 £471 5
1998£30,600 £486 12
1997£27,712 £509 4
1996£28,361 £410 9
1995£25,150 £466 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£5,650 £34 2
2022£110,417 £1,230 9
2021£140,667 £1,893 3
2020£66,575 £1,903 2
2019£602,083 £83 3
2018£75,216 £53 3
2017£204,635 £572 11
2016£12,292,1783
2015£15,8332

House Type in NE23 1RA area

The most common house types in the NE23 1RA postcode area are Terraced (98), Semi-detached (18), and Detached (3).

Total120
Terraced98
Semi-detached18
Detached3
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (53), and Owned: Owns outright (44).

Owned: Owns with a mortgage or loan53
Owned: Owns outright44
Private rented: Private landlord or letting agency17
Private rented: Other private rented4
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE23 1RA have 2 people in household (57), and 1 person in household (22).

2 people in household57
1 person in household22
4 people in household20
3 people in household15
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0