Housing Market Analysis for FARNBOROUGH CLOSE, NE23 1RY

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £132,598 median price is £153,750 Standard Deviation is £53,804 with Total Sold: 20
- The Last 5 Year average price is £207,500 with Total Sold: 2
- The most recent sale happened at this postcode is 15 FARNBOROUGH CLOSE: £245,000 (Sold on 25 Apr 2024)
- The first recorded sale happened at this postcode is 16 FARNBOROUGH CLOSE: £56,500 (Sold on 26 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE23 1RY 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£245,000		1
2023	£170,000	£2,179	1
2018	£161,167	£1,740	3
2017	£158,000	£1,736	2
2015	£155,500	£1,603	1
2012	£158,483	£1,703	3
2006	£172,000		2
2003	£109,000		1
2001	£69,500	£794	1
1999	£56,333	£724	3
1998	£57,500		2

All the Sales in the FARNBOROUGH CLOSE, NE23 1RY

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

Address	Sold Date	Price	% Change
15 FARNBOROUGH CLOSESemi-Detached, Freehold	25 Apr 2024	£245,000	46.27%
15 FARNBOROUGH CLOSESemi-Detached, Freehold	23 Nov 2012	£167,500	First Sale
9 FARNBOROUGH CLOSESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1967-1975	06 Jan 2023	£170,000	200.88%
	05 Nov 1999	£56,500	First Sale
14 FARNBOROUGH CLOSESemi-Detached, LeaseholdArea: 84 Sq.mtrAge: 1967-1975	01 Jun 2018	£147,500	First Sale
7 FARNBOROUGH CLOSESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1967-1975	20 Apr 2018	£168,000	0.0
	20 Apr 2018	£168,000	8.04%
	17 Apr 2015	£155,500	First Sale
12 FARNBOROUGH CLOSESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1967-1975	31 Mar 2017	£158,000	0.0
	31 Mar 2017	£158,000	First Sale
18 FARNBOROUGH CLOSESemi-Detached, LeaseholdArea: 92 Sq.mtrAge: 1967-1975	31 Aug 2012	£152,000	First Sale
8 FARNBOROUGH CLOSESemi-Detached, LeaseholdArea: 87.49 Sq.mtrAge: 1967-1975	30 Mar 2012	£155,950	124.39%
	02 Aug 2001	£69,500	First Sale
4 FARNBOROUGH CLOSESemi-Detached, Leasehold	01 Sep 2006	£152,000	First Sale
5 FARNBOROUGH CLOSESemi-Detached, Leasehold	28 Jul 2006	£192,000	76.15%
	11 Apr 2003	£109,000	86.32%
	04 Dec 1998	£58,500	First Sale
16 FARNBOROUGH CLOSESemi-Detached, Leasehold	12 Nov 1999	£58,000	2.65%
16 FARNBOROUGH CLOSESemi-Detached, Leasehold	26 Jun 1998	£56,500	First Sale
11 FARNBOROUGH CLOSESemi-Detached, Leasehold	17 Sep 1999	£54,500	First Sale

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

FARNBOROUGH CLOSE, NE23 1RY Near By properties

Interactive Map

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

Detached
- The average price is around £185,609 median price is £191,000 Standard Deviation is £88,200 with Total Sold: 485
- The Last 5 Year average price is £288,819 with Total Sold: 97
- The most recent sale happened at this postcode is , 22 GLAZEBURY WAY: £380,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 6 YARMOUTH DRIVE: £90,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £114,663 median price is £120,500 Standard Deviation is £60,203 with Total Sold: 1,020
- The Last 5 Year average price is £179,000 with Total Sold: 128
- The most recent sale happened at this postcode is , 146 RINGWOOD DRIVE: £181,950 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 1 PORCHESTER DRIVE: £45,000 (Sold on 26 Jan 1995)
Other
- The average price is around £73,883 median price is £5,750 Standard Deviation is £141,513 with Total Sold: 50
- The Last 5 Year average price is £90,624 with Total Sold: 29
- The most recent sale happened at this postcode is , 56 KIRTON WAY: £160,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 30 PORCHESTER DRIVE: £5,600 (Sold on 11 Aug 2016)
Terraced
- The average price is around £93,896 median price is £97,950 Standard Deviation is £45,825 with Total Sold: 697
- The Last 5 Year average price is £150,040 with Total Sold: 95
- The most recent sale happened at this postcode is , 56 KIRTON WAY: £160,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 30 KENDAL DRIVE: £36,950 (Sold on 20 Jan 1995)
Flat
- The average price is around £68,788 median price is £73,500 Standard Deviation is £33,036 with Total Sold: 125
- The Last 5 Year average price is £89,621 with Total Sold: 12
- 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£331,000	£2,618	3
2023	£296,342	£2,900	13
2022	£327,273	£2,848	11
2021	£297,362	£2,498	22
2020	£286,398	£2,239	34
2019	£235,034	£2,097	14
2018	£223,541	£2,091	11
2017	£226,475	£1,926	8
2016	£234,314	£2,078	22
2015	£231,701	£2,128	27
2014	£210,450	£2,238	12
2013	£210,357	£2,087	7
2012	£224,417	£1,662	8
2011	£276,688	£1,696	4
2010	£216,492	£1,970	6
2009	£202,028	£1,804	9
2008	£215,161	£1,883	9
2007	£228,294	£2,101	18
2006	£213,571	£2,017	21
2005	£206,062	£1,671	13
2004	£200,605	£1,645	22
2003	£154,171	£1,399	14
2002	£120,976	£1,119	30
2001	£100,388	£880	9
2000	£101,064	£902	57
1999	£80,535	£814	29
1998	£78,400	£800	20
1997	£66,150	£600	15
1996	£75,256	£592	9
1995	£82,306	£636	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£207,106	£2,304	9
2023	£196,994	£2,283	24
2022	£175,421	£2,128	21
2021	£206,079	£2,122	25
2020	£148,636	£2,077	25
2019	£157,019	£1,988	24
2018	£156,089	£1,959	32
2017	£161,323	£1,942	32
2016	£156,331	£1,789	18
2015	£162,977	£1,818	37
2014	£141,840	£1,828	31
2013	£141,387	£1,706	27
2012	£140,264	£1,801	22
2011	£124,513	£1,581	19
2010	£135,575	£1,695	16
2009	£150,056	£1,684	16
2008	£156,550	£1,797	20
2007	£158,409	£1,820	47
2006	£146,975	£1,872	57
2005	£150,075	£1,845	22
2004	£130,700	£1,596	37
2003	£112,522	£1,372	67
2002	£78,391	£1,023	48
2001	£64,091	£816	50
2000	£55,643	£754	55
1999	£53,046	£714	60
1998	£53,828	£688	51
1997	£47,402	£587	48
1996	£50,291	£525	45
1995	£48,073	£627	35

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,000		1
2023	£5,650	£34	3
2022	£74,850	£1,053	7
2021	£148,890	£1,243	11
2020	£127,500	£1,903	1
2019	£26,983	£670	6
2018	£110,719	£1,003	8
2017	£15,372	£251	11
2016	£5,600		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£159,417	£2,165	6
2023	£165,422	£2,221	16
2022	£157,502	£2,116	23
2021	£143,516	£1,895	22
2020	£141,681	£1,891	16
2019	£133,646	£1,926	12
2018	£127,363	£1,828	26
2017	£125,440	£1,806	21
2016	£130,064	£1,779	14
2015	£118,830	£1,676	15
2014	£115,062	£1,624	16
2013	£129,200	£1,575	8
2012	£122,706	£1,606	14
2011	£111,440	£1,643	11
2010	£116,542	£1,687	12
2009	£133,000	£1,721	8
2008	£133,888	£1,655	13
2007	£131,623	£1,798	35
2006	£127,062	£1,800	34
2005	£122,841	£1,701	23
2004	£106,191	£1,507	27
2003	£87,104	£1,156	39
2002	£67,627	£947	46
2001	£50,406	£676	40
2000	£46,809	£613	32
1999	£44,637	£586	35
1998	£44,901	£591	39
1997	£41,183	£563	44
1996	£38,044	£535	25
1995	£36,122	£512	25

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£60,000	£1,250	1
2022	£106,000	£1,689	4
2021	£83,833	£1,490	3
2020	£63,500	£1,189	2
2019	£106,475	£1,494	2
2018	£130,000		1
2017	£80,056	£1,420	9
2016	£87,000	£1,500	1
2015	£125,000	£1,728	3
2014	£74,099	£1,264	5
2013	£77,749	£1,431	4
2012	£95,625	£1,520	4
2010	£84,833	£1,566	3
2009	£99,000		3
2008	£95,833	£1,692	3
2007	£97,244	£1,687	8
2006	£94,500	£1,584	5
2005	£85,260	£1,380	5
2004	£96,521	£1,489	7
2003	£63,764	£1,169	7
2002	£50,133	£883	3
2001	£33,856	£641	9
2000	£32,172	£600	9
1999	£63,450	£565	2
1998	£31,457	£532	7
1997	£27,725	£539	6
1996	£28,320	£504	5
1995	£27,262	£499	4

House Type in NE23 1RY area

The most common house types in the NE23 1RY postcode area are Semi-detached (95), Terraced (16), and Detached (7).

Total	121
Semi-detached	95
Terraced	16
Detached	7
commercial building	2
Flat	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (60), and Owned: Owns outright (52).

Owned: Owns with a mortgage or loan	60
Owned: Owns outright	52
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE23 1RY have 2 people in household (47), and 3 people in household (25).

2 people in household	47
3 people in household	25
4 people in household	23
1 person in household	21
5 people in household	7
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0