Housing Market Analysis for NORWICH WAY, NE23 1RE

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

Overview of Sold House prices

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

  • Other
    • The average price is around £122,000 median price is £122,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £122,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 35 NORWICH WAY: £122,000 (Sold on 05 Nov 2021)
    • The first recorded sale happened at this postcode is 35 NORWICH WAY: £122,000 (Sold on 05 Nov 2021)
  • Terraced
    • The average price is around £72,115 median price is £55,998 Standard Deviation is £36,620 with Total Sold: 26
    • The Last 5 Year average price is £122,125 with Total Sold: 2
    • The most recent sale happened at this postcode is 35 NORWICH WAY: £122,000 (Sold on 05 Nov 2021)
    • The first recorded sale happened at this postcode is 37 NORWICH WAY: £36,500 (Sold on 23 Jun 1995)
  • Semi-Detached
    • The average price is around £91,650 median price is £115,000 Standard Deviation is £35,529 with Total Sold: 6
    • The most recent sale happened at this postcode is 31 NORWICH WAY: £120,000 (Sold on 15 Jan 2014)
    • The first recorded sale happened at this postcode is 31 NORWICH WAY: £39,950 (Sold on 03 Apr 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE23 1RE 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
2021£122,000 £1,794 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£122,000 £1,794 1
2019£122,250 £1,940 1
2018£124,000 £1,878 1
2014£119,000 £1,653 1
2010£115,000 £1,741 1
2007£124,000 £1,879 1
2006£119,000 £1,653 1
2005£117,5001
2004£98,500 £1,500 2
2002£69,815 £1,030 3
2001£52,0001
1999£38,950 £573 1
1998£38,862 £570 4
1997£36,125 £528 2
1996£37,883 £579 3
1995£36,7502
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£120,000 £1,626 1
2009£115,000 £1,558 2
2004£116,950 £1,746 1
2000£43,000 £583 1
1996£39,950 £596 1

All the Sales in the NORWICH WAY, NE23 1RE

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

AddressSold DatePrice% Change
35 NORWICH WAYOther, FreeholdArea: 68 Sq.mtrAge: 1967-197505 Nov 2021£122,0000.0
05 Nov 2021£122,00019.61%
29 Apr 2004£102,000161.87%
19 Nov 1999£38,9505.27%
24 Apr 1998£37,000First Sale
34 NORWICH WAYTerraced, LeaseholdArea: 63 Sq.mtrAge: 1967-197509 Aug 2019£122,25068.62%
03 Oct 2002£72,500118.05%
27 Mar 1997£33,250First Sale
26 NORWICH WAYTerraced, LeaseholdArea: 66.04 Sq.mtrAge: 1967-197527 Jul 2018£124,0007.83%
02 Aug 2010£115,000-7.26%
11 May 2007£124,000106.68%
15 Mar 2002£59,99557.05%
27 Sep 1996£38,200First Sale
32 NORWICH WAYTerraced, LeaseholdArea: 72 Sq.mtrAge: 1976-198209 May 2014£119,0000.0
10 Nov 2006£119,000177.07%
17 Jul 1998£42,950First Sale
31 NORWICH WAYSemi-Detached, FreeholdArea: 73.8 Sq.mtrAge: 1967-197515 Jan 2014£120,0004.35%
11 May 2009£115,0000.0
30 Apr 2009£115,000-1.67%
30 Jul 2004£116,950171.98%
18 Feb 2000£43,0007.63%
03 Apr 1996£39,950First Sale
29 NORWICH WAYTerraced, Leasehold23 Dec 2005£117,500125.96%
07 Dec 2001£52,00033.50%
04 Jul 1996£38,950First Sale
30 NORWICH WAYTerraced, Leasehold14 May 2004£95,000First Sale
27 NORWICH WAYTerraced, Leasehold16 Aug 2002£76,950123.04%
04 Dec 1998£34,500First Sale
28 NORWICH WAYTerraced, Leasehold28 Aug 1998£41,00010.81%
01 Dec 1995£37,000First Sale
33 NORWICH WAYTerraced, Leasehold05 Sep 1997£39,000First Sale
38 NORWICH WAYTerraced, Leasehold31 May 1996£36,500First Sale
37 NORWICH WAYTerraced, Leasehold23 Jun 1995£36,500First Sale

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

NORWICH WAY, NE23 1RE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £126,455 median price is £135,000 Standard Deviation is £65,398 with Total Sold: 681
    • The Last 5 Year average price is £179,797 with Total Sold: 173
    • 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 , 36 TORCROSS WAY: £48,000 (Sold on 17 Feb 1995)
  • Detached
    • The average price is around £238,010 median price is £245,950 Standard Deviation is £83,751 with Total Sold: 454
    • The Last 5 Year average price is £281,944 with Total Sold: 228
    • 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 , 6 YARMOUTH DRIVE: £90,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £106,399 median price is £115,000 Standard Deviation is £52,582 with Total Sold: 529
    • The Last 5 Year average price is £155,304 with Total Sold: 123
    • 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)
  • Other
    • The average price is around £155,507 median price is £50,796 Standard Deviation is £359,362 with Total Sold: 42
    • The Last 5 Year average price is £177,840 with Total Sold: 20
    • The most recent sale happened at this postcode is , 5 SOMERSBY GARDENS: £290,000 (Sold on 25 Oct 2023)
    • The first recorded sale happened at this postcode is , SUITE 8 DUDLEY COURT: £15,833 (Sold on 08 Dec 2015)
  • Flat
    • The average price is around £72,831 median price is £79,500 Standard Deviation is £32,553 with Total Sold: 110
    • The Last 5 Year average price is £104,319 with Total Sold: 16
    • 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,878 £2,304 9
2023£186,690 £2,328 26
2022£193,057 £2,299 20
2021£204,739 £2,247 33
2020£158,094 £2,202 26
2019£162,223 £2,178 59
2018£162,938 £2,120 50
2017£153,272 £1,880 20
2016£146,895 £1,774 10
2015£156,672 £1,708 22
2014£141,521 £1,789 17
2013£139,710 £1,621 19
2012£148,353 £1,879 15
2011£145,859 £1,697 11
2010£140,820 £1,653 10
2009£137,362 £1,852 8
2008£152,962 £1,701 13
2007£158,235 £1,788 23
2006£141,674 £1,690 27
2005£154,169 £1,799 8
2004£117,485 £1,415 20
2003£106,284 £1,201 29
2002£78,127 £1,008 26
2001£61,193 £788 28
2000£53,967 £699 29
1999£53,546 £669 24
1998£49,660 £600 26
1997£44,547 £451 18
1996£49,945 £496 30
1995£47,238 £565 25
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£303,667 £2,321 6
2023£328,035 £2,724 13
2022£319,012 £2,706 15
2021£280,890 £2,546 59
2020£277,259 £2,325 66
2019£268,695 £2,392 69
2018£254,110 £2,345 44
2017£243,750 £1,801 4
2016£238,247 £2,057 16
2015£249,370 £2,183 25
2014£226,044 £2,321 9
2013£242,071 £1,868 7
2012£222,000 £1,847 4
2010£209,500 £1,848 5
2009£177,750 £1,733 7
2008£224,690 £1,917 5
2007£264,438 £1,765 8
2006£193,773 £1,814 11
2005£213,986 £1,478 7
2004£196,045 £1,577 10
2003£176,488 £1,213 4
2002£115,625 £703 8
2001£87,400 £620 5
2000£86,382 £711 14
1999£86,030 £625 5
1998£80,693 £698 7
1997£63,058 £589 6
1996£76,350 £595 8
1995£81,779 £628 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£162,300 £2,165 5
2023£171,014 £2,182 14
2022£160,535 £2,057 16
2021£158,007 £1,849 28
2020£149,037 £1,798 31
2019£147,717 £1,811 29
2018£143,908 £1,818 30
2017£127,127 £1,836 15
2016£146,457 £1,672 14
2015£117,192 £1,376 13
2014£110,364 £1,570 11
2013£148,387 £1,632 4
2012£122,986 £1,679 8
2011£120,293 £1,513 8
2010£123,714 £1,745 7
2009£139,083 £1,648 6
2008£126,507 £1,697 7
2007£131,024 £1,804 19
2006£126,930 £1,749 28
2005£140,091 £1,755 16
2004£117,503 £1,533 19
2003£89,839 £1,275 14
2002£67,594 £956 26
2001£58,096 £685 23
2000£55,684 £562 19
1999£47,798 £623 20
1998£45,280 £609 32
1997£42,367 £576 32
1996£39,321 £557 19
1995£38,131 £546 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,433 £1,497 3
2022£74,219 £1,230 8
2021£145,600 £1,949 5
2020£127,500 £1,903 1
2019£602,083 £83 3
2018£122,383 £1,225 6
2017£169,456 £431 13
2016£5,6001
2015£15,8332
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£60,000 £1,250 1
2022£114,500 £1,745 3
2021£108,628 £1,926 9
2020£75,000 £1,415 1
2019£106,475 £1,494 2
2018£130,0001
2017£86,500 £1,518 5
2016£87,000 £1,500 1
2015£102,000 £1,594 1
2014£72,375 £1,206 4
2013£86,916 £1,541 6
2012£87,750 £1,399 2
2010£85,250 £1,581 2
2009£99,0003
2008£98,000 £1,691 2
2007£97,244 £1,685 8
2006£93,250 £1,620 6
2005£84,588 £1,324 4
2004£92,339 £1,473 9
2003£63,000 £1,113 4
2002£54,083 £940 3
2001£36,057 £649 7
2000£32,111 £619 9
1999£19,975 £565 2
1998£32,042 £532 6
1997£27,712 £509 4
1996£28,333 £496 3
1995£25,150 £466 2

House Type in NE23 1RE area

The most common house types in the NE23 1RE 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 1RE 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