Housing Market Analysis for FAREHAM WAY, NE23 1TB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £90,690 median price is £86,000 Standard Deviation is £44,176 with Total Sold: 19
    • The Last 5 Year average price is £146,202 with Total Sold: 5
    • 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 4 FAREHAM WAY: £158,000 (Sold on 07 Feb 2023)
  • Semi-Detached
    • The average price is around £59,950 median price is £59,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 FAREHAM WAY: £59,950 (Sold on 31 May 2002)
    • The first recorded sale happened at this postcode is 8 FAREHAM WAY: £59,950 (Sold on 31 May 2002)
  • Flat
    • The average price is around £39,500 median price is £39,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 FAREHAM WAY: £39,500 (Sold on 27 Mar 1998)
    • The first recorded sale happened at this postcode is 12 FAREHAM WAY: £39,500 (Sold on 27 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE23 1TB 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
2024£163,000 £2,261 2
2022£123,505 £1,843 2
2015£122,000 £1,821 1
2014£92,000 £1,438 1
2012£119,000 £1,776 1
2006£119,000 £1,776 1
2003£86,0001
2002£69,317 £1,010 3
2001£49,950 £694 1
2000£43,000 £580 2
1997£36,625 £497 2
1996£36,950 £551 1
2023£158,000 £1,736 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£59,950 £895 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£39,500 £617 1

All the Sales in the FAREHAM WAY, NE23 1TB

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

AddressSold DatePrice% Change
5 FAREHAM WAYTerraced, Freehold29 Apr 2024£170,000First Sale
2 FAREHAM WAYTerraced, LeaseholdArea: 69 Sq.mtrAge: 1967-197529 Jan 2024£156,000290.00%
28 Jun 2000£40,000First Sale
8 FAREHAM WAYTerraced, LeaseholdArea: 67 Sq.mtrAge: 1967-197502 Sep 2022£143,00017.21%
04 Sep 2015£122,0002.52%
31 May 2012£119,0000.0
01 Sep 2006£119,00056.58%
25 Oct 2002£76,00026.77%
31 May 2002£59,9500.0
31 May 2002£59,95062.25%
26 Jul 1996£36,950First Sale
6 FAREHAM WAYTerraced, LeaseholdArea: 67 Sq.mtrAge: 1967-197502 Aug 2022£104,010First Sale
12 FAREHAM WAYTerraced, LeaseholdArea: 64 Sq.mtrAge: 1967-197524 Sep 2014£92,000132.91%
27 Mar 1998£39,500First Sale
10 FAREHAM WAYTerraced, Leasehold21 Nov 2003£86,000First Sale
9 FAREHAM WAYTerraced, LeaseholdArea: 72 Sq.mtrAge: 1967-197530 Sep 2002£72,000First Sale
1 FAREHAM WAYTerraced, LeaseholdArea: 72 Sq.mtrAge: 1967-197527 Jul 2001£49,95039.72%
13 Jun 1997£35,750First Sale
11 FAREHAM WAYTerraced, Freehold29 Nov 2000£46,000First Sale
13 FAREHAM WAYTerraced, Leasehold28 Nov 1997£37,500First Sale
4 FAREHAM WAYTerraced, FreeholdArea: 91 Sq.mtrAge: 1967-197507 Feb 2023£158,000First Sale

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

FAREHAM WAY, NE23 1TB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £119,759 median price is £125,000 Standard Deviation is £65,199 with Total Sold: 740
    • The Last 5 Year average price is £185,299 with Total Sold: 143
    • 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 , 1 PORCHESTER DRIVE: £45,000 (Sold on 26 Jan 1995)
  • Detached
    • The average price is around £227,427 median price is £239,475 Standard Deviation is £93,757 with Total Sold: 382
    • The Last 5 Year average price is £287,740 with Total Sold: 170
    • 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 £97,059 median price is £103,000 Standard Deviation is £47,775 with Total Sold: 642
    • The Last 5 Year average price is £152,441 with Total Sold: 118
    • The most recent sale happened at this postcode is , 11 TENBY SQUARE: £157,000 (Sold on 30 May 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 £65,974 median price is £70,450 Standard Deviation is £29,691 with Total Sold: 129
    • 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)
  • Other
    • The average price is around £165,202 median price is £50,796 Standard Deviation is £361,575 with Total Sold: 46
    • The Last 5 Year average price is £194,809 with Total Sold: 22
    • 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 , 30 PORCHESTER DRIVE: £5,600 (Sold on 11 Aug 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£217,295 £2,363 10
2023£190,054 £2,216 26
2022£189,215 £2,251 19
2021£202,668 £2,253 35
2020£163,072 £2,240 22
2019£164,753 £2,191 31
2018£157,334 £1,904 31
2017£156,342 £1,897 19
2016£147,814 £1,780 11
2015£157,990 £1,740 27
2014£141,992 £1,798 20
2013£138,477 £1,615 22
2012£145,331 £1,861 16
2011£154,121 £1,706 12
2010£137,016 £1,570 12
2009£147,640 £1,824 10
2008£153,821 £1,701 14
2007£154,057 £1,725 33
2006£141,112 £1,694 33
2005£138,565 £1,700 13
2004£116,946 £1,414 25
2003£111,986 £1,259 44
2002£73,871 £965 31
2001£62,197 £795 34
2000£51,835 £692 33
1999£50,186 £623 35
1998£49,155 £599 33
1997£44,307 £468 28
1996£49,463 £509 34
1995£45,915 £569 27
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£301,000 £2,717 5
2023£341,859 £2,829 11
2022£329,739 £2,714 11
2021£289,669 £2,563 42
2020£280,457 £2,333 62
2019£268,432 £2,392 39
2018£277,181 £2,142 8
2017£242,200 £1,838 5
2016£233,261 £2,037 19
2015£249,370 £2,183 25
2014£223,440 £2,257 10
2013£242,071 £1,868 7
2012£222,000 £1,847 4
2011£449,7501
2010£209,500 £1,848 5
2009£177,750 £1,733 7
2008£224,690 £1,917 5
2007£253,611 £1,765 9
2006£185,450 £1,814 10
2005£213,986 £1,478 7
2004£187,704 £1,505 12
2003£151,161 £1,213 9
2002£121,800 £742 10
2001£87,400 £620 5
2000£85,490 £711 15
1999£82,164 £625 7
1998£79,419 £698 8
1997£66,288 £598 8
1996£76,256 £592 9
1995£81,779 £628 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£161,417 £2,165 6
2023£168,327 £2,249 13
2022£161,336 £2,204 24
2021£147,467 £1,867 24
2020£146,957 £1,803 29
2019£143,557 £1,825 22
2018£129,265 £1,779 26
2017£124,393 £1,798 21
2016£136,029 £1,756 14
2015£104,572 £1,501 20
2014£113,308 £1,633 13
2013£127,419 £1,667 5
2012£119,688 £1,619 10
2011£115,320 £1,574 12
2010£116,542 £1,687 12
2009£131,167 £1,630 6
2008£124,655 £1,673 10
2007£129,128 £1,771 30
2006£126,274 £1,805 33
2005£122,321 £1,748 17
2004£107,235 £1,513 23
2003£83,814 £1,156 27
2002£66,587 £946 35
2001£49,633 £684 33
2000£45,421 £589 26
1999£44,682 £586 30
1998£44,449 £594 35
1997£40,984 £565 38
1996£38,046 £535 24
1995£36,088 £512 24
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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£130,0001
2017£80,056 £1,420 9
2016£87,000 £1,500 1
2015£94,000 £1,551 2
2014£74,099 £1,264 5
2013£77,749 £1,431 4
2012£85,833 £1,448 3
2010£84,833 £1,566 3
2009£99,0003
2008£95,833 £1,692 3
2007£96,383 £1,701 9
2006£93,250 £1,620 6
2005£85,260 £1,380 5
2004£86,950 £1,504 7
2003£63,764 £1,169 7
2002£50,630 £903 5
2001£33,965 £657 10
2000£33,041 £617 11
1999£29,950 £565 1
1998£31,457 £532 7
1997£27,725 £539 6
1996£28,320 £504 5
1995£27,262 £499 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£5,650 £34 2
2022£74,219 £1,230 8
2021£268,000 £1,949 6
2020£127,500 £1,903 1
2019£389,050 £670 5
2018£136,718 £1,225 8
2017£157,752 £431 14
2016£5,6002

House Type in NE23 1TB area

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