Housing Market Analysis for NELSON WAY, NE23 1WG

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

Overview of Sold House prices

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

  • Other
    • The average price is around £1,451,660 median price is £1,451,660 Standard Deviation is £1,428,340 with Total Sold: 2
    • The Last 5 Year average price is £2,880,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 1 NELSON WAY: £2,880,000 (Sold on 20 May 2022)
    • The first recorded sale happened at this postcode is UNIT 2D, ADMIRAL BUSINESS PARK NELSON WAY: £23,320 (Sold on 26 Jan 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE23 1WG 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
2022£2,880,0001
2015£23,3201

All the Sales in the NELSON WAY, NE23 1WG

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

AddressSold DatePrice% Change
UNIT 1 NELSON WAYOther, Freehold20 May 2022£2,880,000First Sale
UNIT 2D, ADMIRAL BUSINESS PARK NELSON WAYOther, Leasehold26 Jan 2015£23,320First Sale

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

NELSON WAY, NE23 1WG Near By properties

Interactive Map

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

  • Other
    • The average price is around £379,397 median price is £182,500 Standard Deviation is £597,811 with Total Sold: 24
    • The Last 5 Year average price is £579,125 with Total Sold: 8
    • The most recent sale happened at this postcode is , 9 ATLEY BUSINESS PARK: £190,000 (Sold on 21 Jul 2023)
    • The first recorded sale happened at this postcode is , UNIT 11 ATLEY WAY: £1,500,000 (Sold on 20 Jun 2014)
  • Semi-Detached
    • The average price is around £92,071 median price is £54,500 Standard Deviation is £47,830 with Total Sold: 7
    • The Last 5 Year average price is £137,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , SOUTH VIEW : £137,500 (Sold on 13 Jun 2022)
    • The first recorded sale happened at this postcode is , ROSENEATH : £54,500 (Sold on 01 Dec 1995)
  • Detached
    • The average price is around £450,000 median price is £450,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE GRANGE : £450,000 (Sold on 28 Sep 2012)
    • The first recorded sale happened at this postcode is , THE GRANGE : £450,000 (Sold on 28 Sep 2012)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£220,0003
2022£2,880,0001
2021£171,5002
2019£375,0002
2018£90,0001
2017£180,0002
2016£196,7504
2015£183,5876
2014£711,3333
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£137,500 £1,447 1
2012£158,000 £1,630 1
2005£145,000 £1,747 1
2000£48,000 £500 2
1998£53,500 £645 1
1995£54,500 £657 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£450,000 £1,134 1

House Type in NE23 1WG area

The most common house types in the NE23 1WG postcode area are Semi-detached (139), Terraced (6), and Detached (4).

Total149
Semi-detached139
Terraced6
Detached4
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (42), and Social rented: Other social rented (37).

Social rented: Rents from council or Local Authority42
Social rented: Other social rented37
Owned: Owns with a mortgage or loan34
Owned: Owns outright18
Private rented: Private landlord or letting agency15
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE23 1WG have 2 people in household (54), and 1 person in household (45).

2 people in household54
1 person in household45
3 people in household25
4 people in household17
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0