Housing Market Analysis for MEDWAY PLACE, NE23 3GQ

Are you looking to understand NE23 3GQ 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 3GQ area, explore the NE23 3GQ Area information page.
For comprehensive crime statistics in the NE23 3GQ area, explore the NE23 3GQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE23 3GQ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £105,036 median price is £112,500 Standard Deviation is £43,886 with Total Sold: 85
- The Last 5 Year average price is £170,636 with Total Sold: 7
- The most recent sale happened at this postcode is 36 MEDWAY PLACE: £202,000 (Sold on 28 Jun 2023)
- The first recorded sale happened at this postcode is 30 MEDWAY PLACE: £48,500 (Sold on 28 Dec 1995)
Terraced
- The average price is around £145,000 median price is £145,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £145,000 with Total Sold: 1
- The most recent sale happened at this postcode is 11 MEDWAY PLACE: £145,000 (Sold on 09 Jan 2023)
- The first recorded sale happened at this postcode is 11 MEDWAY PLACE: £145,000 (Sold on 09 Jan 2023)
Other
- The average price is around £110,000 median price is £110,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 11 MEDWAY PLACE: £110,000 (Sold on 03 Feb 2017)
- The first recorded sale happened at this postcode is 11 MEDWAY PLACE: £110,000 (Sold on 03 Feb 2017)
Flat
- The average price is around £76,033 median price is £59,950 Standard Deviation is £30,644 with Total Sold: 9
- The most recent sale happened at this postcode is 8 MEDWAY PLACE: £129,450 (Sold on 23 Nov 2007)
- The first recorded sale happened at this postcode is 11 MEDWAY PLACE: £50,500 (Sold on 14 Jun 1996)
Detached
- The average price is around £89,500 median price is £89,500 Standard Deviation is £20,500 with Total Sold: 2
- The most recent sale happened at this postcode is 7 MEDWAY PLACE: £110,000 (Sold on 30 May 2002)
- The first recorded sale happened at this postcode is 7 MEDWAY PLACE: £69,000 (Sold on 09 Feb 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE23 3GQ 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
2023	£202,000	£2,574	2
2021	£177,500	£2,345	1
2020	£126,500	£2,126	2
2019	£179,975	£1,953	2
2018	£156,500	£2,170	3
2017	£136,125	£1,926	4
2016	£125,000	£2,083	1
2015	£139,375	£1,878	4
2014	£150,500	£1,962	2
2013	£146,475	£1,914	2
2012	£122,500		1
2011	£129,500	£1,833	4
2010	£136,500	£2,022	2
2009	£147,500	£1,934	2
2008	£143,500	£1,864	2
2007	£139,950	£1,749	1
2006	£128,988	£2,016	4
2005	£139,000	£1,967	2
2004	£121,000	£1,477	4
2003	£80,000		1
2002	£80,133	£1,107	6
2001	£69,498	£961	4
2000	£62,975	£851	4
1999	£59,498	£763	2
1998	£57,049	£794	8
1997	£58,862	£747	13
1996	£49,950	£847	1
1995	£48,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£145,000	£2,071	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£110,000	£1,571	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£129,450		1
2006	£112,475		2
2001	£62,225	£871	2
1996	£51,362	£707	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£110,000		1
1998	£69,000		1

All the Sales in the MEDWAY PLACE, NE23 3GQ

See the table below for more details on the sold house prices in the NE23 3GQ, Northumberland postcode.

Address	Sold Date	Price	% Change
36 MEDWAY PLACESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1996-2002	28 Jun 2023	£202,000	242.37%
	15 Feb 1999	£59,000	First Sale
3 MEDWAY PLACESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1996-2002	10 Mar 2023	£202,000	34.71%
	23 Sep 2013	£149,950	8.66%
	11 Jul 2008	£138,000	-7.38%
	27 Jun 2008	£149,000	104.12%
	27 Jul 2001	£72,995	23.72%
	26 Jun 1998	£59,000	First Sale
11 MEDWAY PLACETerraced, LeaseholdArea: 70 Sq.mtrAge: 1996-2002	09 Jan 2023	£145,000	31.82%
	03 Feb 2017	£110,000	70.54%
	07 Dec 2001	£64,500	27.72%
	14 Jun 1996	£50,500	First Sale
17 MEDWAY PLACESemi-Detached, FreeholdArea: 75.68 Sq.mtrAge: 1996-2002	01 Apr 2021	£177,500	10.94%
	15 Nov 2017	£160,000	3.23%
	25 Aug 2017	£155,000	0.0
	20 Aug 2010	£155,000	129.63%
	03 Mar 2000	£67,500	13.68%
	28 Nov 1997	£59,375	First Sale
25 MEDWAY PLACESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1996-2002	29 May 2020	£129,000	3.20%
	22 Feb 2016	£125,000	10.62%
	10 Jun 2011	£113,000	-4.24%
	14 Oct 2005	£118,000	78.92%
	19 Apr 2002	£65,950	32.03%
	24 Apr 1998	£49,950	First Sale
29 MEDWAY PLACESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1991-1995	23 Mar 2020	£124,000	148.25%
	27 Sep 1996	£49,950	First Sale
16 MEDWAY PLACESemi-Detached, FreeholdArea: 76.43 Sq.mtrAge: 1996-2002	29 Mar 2019	£170,000	172.00%
	12 Nov 1997	£62,500	First Sale
13 MEDWAY PLACESemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1996-2002	15 Feb 2019	£189,950	24.97%
	12 Nov 2004	£152,000	143.20%
	11 Sep 1997	£62,500	First Sale
31 MEDWAY PLACESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1996-2002	13 Dec 2018	£178,000	19.87%
	27 Apr 2015	£148,500	139.52%
	17 Jun 1997	£62,000	First Sale
30 MEDWAY PLACESemi-Detached, Freehold	19 Mar 2018	£133,000	8.57%
	20 Dec 2012	£122,500	-2.00%
	17 Sep 2004	£125,000	11.61%
	18 Jun 2004	£112,000	130.93%
	28 Dec 1995	£48,500	First Sale
6 MEDWAY PLACESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1996-2002	01 Feb 2018	£158,500	164.39%
	20 Dec 2000	£59,950	-4.08%
	31 Jul 1998	£62,500	First Sale
24 MEDWAY PLACESemi-Detached, FreeholdArea: 71.61 Sq.mtrAge: 1991-1995	08 Sep 2017	£117,000	88.86%
	28 Mar 2002	£61,950	23.91%
	30 Jun 1998	£49,995	First Sale
23 MEDWAY PLACESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1996-2002	16 Jun 2017	£112,500	-4.66%
	30 Jun 2006	£118,000	146.09%
	03 Oct 1997	£47,950	First Sale
26 MEDWAY PLACESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1991-1995	06 Nov 2015	£127,000	5.88%
	31 Mar 2006	£119,950	126.34%
	01 Oct 2001	£52,995	6.10%
	18 Dec 1997	£49,950	First Sale
35 MEDWAY PLACESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1996-2002	19 Jun 2015	£136,000	-6.85%
	22 May 2015	£146,000	4.32%
	04 May 2007	£139,950	137.61%
	19 Dec 1997	£58,900	First Sale
32 MEDWAY PLACESemi-Detached, FreeholdArea: 77.36 Sq.mtrAge: 1996-2002	10 Oct 2014	£157,000	16.30%
	21 Mar 2011	£135,000	35.07%
	01 Nov 2002	£99,950	66.60%
	11 Dec 1998	£59,995	First Sale
34 MEDWAY PLACESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 2007-2011	05 Sep 2014	£144,000	0.70%
	28 Mar 2013	£143,000	-4.67%
	30 Jan 2009	£150,000	50.08%
	06 Nov 2002	£99,950	66.60%
	19 Nov 1999	£59,995	First Sale
28 MEDWAY PLACESemi-Detached, FreeholdArea: 59.04 Sq.mtrAge: 1996-2002	21 Jul 2011	£120,000	0.84%
	03 Mar 2006	£119,000	25.26%
	12 Jan 2004	£95,000	90.19%
	19 Feb 1998	£49,950	First Sale
33 MEDWAY PLACESemi-Detached, FreeholdArea: 89.82 Sq.mtrAge: 1996-2002	24 Mar 2011	£150,000	154.67%
	30 May 1997	£58,900	First Sale
27 MEDWAY PLACESemi-Detached, FreeholdArea: 59.13 Sq.mtrAge: 1996-2002	01 Oct 2010	£118,000	107.02%
	02 Apr 2002	£57,000	First Sale
1 MEDWAY PLACESemi-Detached, FreeholdArea: 76.57 Sq.mtrAge: 1991-1995	11 Dec 2009	£145,000	82.39%
	30 Nov 2001	£79,500	First Sale
8 MEDWAY PLACEFlat, Leasehold	23 Nov 2007	£129,450	23.29%
	08 Nov 2006	£105,000	31.25%
	11 Jun 2003	£80,000	First Sale
12 MEDWAY PLACEFlat, Leasehold	06 Oct 2006	£119,950	132.91%
12 MEDWAY PLACEFlat, Leasehold	25 Oct 1996	£51,500	First Sale
20 MEDWAY PLACESemi-Detached, Freehold	18 Apr 2006	£159,000	167.79%
20 MEDWAY PLACESemi-Detached, Freehold	18 Nov 1997	£59,375	First Sale
19 MEDWAY PLACESemi-Detached, Freehold	08 Apr 2005	£160,000	120.69%
	14 Dec 2001	£72,500	22.11%
	07 Nov 1997	£59,375	First Sale
2 MEDWAY PLACESemi-Detached, Freehold	01 Nov 2002	£96,000	60.13%
2 MEDWAY PLACESemi-Detached, Freehold	29 Sep 2000	£59,950	First Sale
7 MEDWAY PLACEDetached, Freehold	30 May 2002	£110,000	59.42%
7 MEDWAY PLACEDetached, Freehold	09 Feb 1998	£69,000	First Sale
10 MEDWAY PLACEFlat, LeaseholdArea: 73 Sq.mtrAge: 1996-2002	06 Sep 2001	£59,950	18.71%
10 MEDWAY PLACEFlat, LeaseholdArea: 73 Sq.mtrAge: 1996-2002	18 Dec 1996	£50,500	First Sale
5 MEDWAY PLACESemi-Detached, Freehold	04 Aug 2000	£64,500	3.20%
5 MEDWAY PLACESemi-Detached, Freehold	27 Mar 1998	£62,500	First Sale
4 MEDWAY PLACESemi-Detached, Freehold	19 Jun 1998	£62,500	First Sale
18 MEDWAY PLACESemi-Detached, Freehold	31 Oct 1997	£62,500	First Sale
15 MEDWAY PLACESemi-Detached, Freehold	27 Jun 1997	£59,375	First Sale
14 MEDWAY PLACESemi-Detached, Freehold	27 Jun 1997	£62,500	First Sale
9 MEDWAY PLACEFlat, Leasehold	25 Nov 1996	£52,950	First Sale

Check out the sold house prices near the NE23 3GQ postcode. Properties currently for saleProperties currently for rent

MEDWAY PLACE, NE23 3GQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE23 3GQ 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 3GQ postcode.

Detached
- The average price is around £154,111 median price is £115,000 Standard Deviation is £80,649 with Total Sold: 798
- The Last 5 Year average price is £277,183 with Total Sold: 62
- The most recent sale happened at this postcode is , 2 ALBION WAY: £265,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 17 ARLINGTON GROVE: £56,500 (Sold on 13 Feb 1995)
Semi-Detached
- The average price is around £108,953 median price is £98,285 Standard Deviation is £52,666 with Total Sold: 644
- The Last 5 Year average price is £172,241 with Total Sold: 67
- The most recent sale happened at this postcode is , 56 AVEBURY PLACE: £115,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 17 MILLBROOK ROAD: £45,000 (Sold on 28 Mar 1995)
Other
- The average price is around £48,062 median price is £5,650 Standard Deviation is £76,441 with Total Sold: 32
- The Last 5 Year average price is £63,875 with Total Sold: 18
- 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 , FIRE STATION ALBION TERRACE: £216,900 (Sold on 03 Jul 2015)
Terraced
- The average price is around £85,074 median price is £84,260 Standard Deviation is £36,036 with Total Sold: 303
- The Last 5 Year average price is £115,673 with Total Sold: 43
- 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 , 66 ALDERLEY WAY: £14,662 (Sold on 08 Jan 1995)
Flat
- The average price is around £67,089 median price is £60,000 Standard Deviation is £35,692 with Total Sold: 41
- The Last 5 Year average price is £77,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 1 HASTINGS TERRACE: £77,000 (Sold on 07 Apr 2021)
- The first recorded sale happened at this postcode is , 11 MEDWAY PLACE: £50,500 (Sold on 14 Jun 1996)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£271,990		5
2023	£304,415	£2,873	13
2022	£299,500	£3,262	10
2021	£270,292	£2,598	12
2020	£238,500	£2,144	10
2019	£270,375	£2,474	12
2018	£249,314	£2,461	14
2017	£247,679	£2,389	14
2016	£257,586	£2,128	11
2015	£229,996	£2,055	13
2014	£222,794	£2,062	17
2013	£231,422	£2,238	18
2012	£216,208	£1,822	12
2011	£230,596	£1,972	21
2010	£226,150	£2,015	13
2009	£215,786	£2,146	7
2008	£215,455	£2,301	11
2007	£236,205	£2,187	30
2006	£225,222	£2,243	30
2005	£213,175	£1,924	14
2004	£225,702	£1,815	27
2003	£177,971	£1,762	24
2002	£132,981	£1,510	40
2001	£112,677	£950	38
2000	£92,186	£895	59
1999	£88,615	£811	88
1998	£93,879	£836	85
1997	£92,739	£759	70
1996	£80,740	£818	53
1995	£74,906	£699	27

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£167,500		2
2023	£213,550	£2,439	10
2022	£155,633	£1,996	13
2021	£178,246	£2,307	12
2020	£169,375	£2,178	16
2019	£156,961	£1,935	14
2018	£167,431	£2,124	8
2017	£147,330	£1,947	15
2016	£152,773	£2,001	11
2015	£149,284	£1,892	19
2014	£155,182	£1,984	19
2013	£149,950	£1,863	12
2012	£158,474	£1,873	13
2011	£137,723	£1,787	11
2010	£140,200	£1,989	5
2009	£133,350	£1,623	10
2008	£147,958	£1,818	12
2007	£173,837	£1,884	23
2006	£152,602	£1,907	29
2005	£148,850	£1,825	16
2004	£138,597	£1,822	31
2003	£119,348	£1,508	27
2002	£85,289	£1,085	35
2001	£71,668	£941	28
2000	£65,579	£867	42
1999	£60,629	£775	54
1998	£61,299	£756	51
1997	£58,609	£724	49
1996	£56,637	£698	29
1995	£51,479	£708	28

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,000		1
2023	£5,650	£59	1
2022	£4,925	£72	2
2021	£79,638	£1,263	6
2020	£86,620	£1,367	5
2019	£21,106	£603	3
2018	£5,385	£47	4
2017	£19,751	£300	7
2016	£5,775	£125	2
2015	£216,900		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,000		1
2023	£129,409	£1,493	11
2022	£95,200	£1,167	5
2021	£122,438	£1,459	8
2020	£108,170	£1,448	10
2019	£106,656	£2,143	8
2018	£94,050	£1,267	10
2017	£104,529	£1,280	14
2016	£77,995	£1,033	10
2015	£91,000	£1,117	12
2014	£86,125	£1,385	4
2013	£91,150	£1,219	10
2012	£113,890	£1,308	5
2011	£99,286	£1,374	7
2009	£115,000	£1,948	5
2008	£95,688	£1,104	8
2007	£105,918	£1,442	19
2006	£96,309	£1,386	17
2005	£95,874	£1,218	17
2004	£90,519	£1,563	11
2003	£75,325	£979	18
2002	£77,670	£1,168	36
2001	£43,681	£560	8
2000	£43,435	£559	13
1999	£44,460	£455	5
1998	£34,590	£399	5
1997	£40,352	£545	13
1996	£35,434	£372	8
1995	£24,432	£347	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£77,000	£1,185	1
2018	£60,000	£870	1
2015	£119,000	£2,082	2
2014	£30,150		1
2011	£72,000	£1,207	1
2009	£52,000	£778	2
2008	£73,625	£1,209	4
2007	£105,225		2
2006	£86,575	£1,149	6
2005	£81,750	£1,309	2
2004	£77,975	£733	4
2003	£38,000	£626	1
2002	£30,570	£497	5
2001	£51,483	£759	3
1999	£59,475	£393	2
1996	£51,362	£707	4

House Type in NE23 3GQ area

The most common house types in the NE23 3GQ postcode area are Semi-detached (80), Detached (34), and Flat (5).

Total	120
Semi-detached	80
Detached	34
Flat	5
Terraced	1
Shared house	0
converted building	0
commercial 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 (76), and Owned: Owns outright (36).

Owned: Owns with a mortgage or loan	76
Owned: Owns outright	36
Private rented: Private landlord or letting agency	5
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE23 3GQ have 2 people in household (42), and 3 people in household (29).

2 people in household	42
3 people in household	29
1 person in household	25
4 people in household	21
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0