Housing Market Analysis for OLIVE GROVE, NE23 7FH

Are you looking to understand NE23 7FH 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 7FH area, explore the NE23 7FH Area information page.
For comprehensive crime statistics in the NE23 7FH area, explore the NE23 7FH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE23 7FH postcode area, The average prices are as follows,

  • Detached
    • The average price is around £296,250 median price is £296,250 Standard Deviation is £56,250 with Total Sold: 2
    • The Last 5 Year average price is £352,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 OLIVE GROVE: £352,500 (Sold on 25 Nov 2022)
    • The first recorded sale happened at this postcode is 8 OLIVE GROVE: £240,000 (Sold on 18 Nov 2015)
  • Other
    • The average price is around £37,500 median price is £37,500 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £37,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 OLIVE GROVE: £37,500 (Sold on 17 Jul 2020)
    • The first recorded sale happened at this postcode is 7 OLIVE GROVE: £37,500 (Sold on 17 Jul 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average NE23 7FH 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£352,500 £3,205 1
2015£240,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£37,500 £403 1

All the Sales in the OLIVE GROVE, NE23 7FH

See the table below for more details on the sold house prices in the NE23 7FH, Northumberland postcode.

AddressSold DatePrice% Change
4 OLIVE GROVEDetached, FreeholdArea: 110 Sq.mtrAge: 202025 Nov 2022£352,500First Sale
7 OLIVE GROVEOther, FreeholdArea: 93 Sq.mtrAge: INVALID!17 Jul 2020£37,500First Sale
8 OLIVE GROVEDetached, Freehold18 Nov 2015£240,000First Sale

Check out the sold house prices near the NE23 7FH postcode. Properties currently for saleProperties currently for rent

OLIVE GROVE, NE23 7FH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE23 7FH 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 7FH postcode.

  • Detached
    • The average price is around £172,076 median price is £175,000 Standard Deviation is £88,967 with Total Sold: 220
    • The Last 5 Year average price is £285,534 with Total Sold: 31
    • The most recent sale happened at this postcode is , 51 HATFIELD DRIVE: £322,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 20 TWICKENHAM COURT: £74,950 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £114,375 median price is £103,250 Standard Deviation is £63,299 with Total Sold: 186
    • The Last 5 Year average price is £173,952 with Total Sold: 31
    • The most recent sale happened at this postcode is , 25 BLAKETOWN: £138,000 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , 17 CHEVIOT VIEW: £35,500 (Sold on 23 Feb 1995)
  • Terraced
    • The average price is around £87,374 median price is £76,750 Standard Deviation is £62,905 with Total Sold: 338
    • The Last 5 Year average price is £145,285 with Total Sold: 40
    • The most recent sale happened at this postcode is , 2 WEST VIEW: £117,000 (Sold on 22 Feb 2024)
    • The first recorded sale happened at this postcode is , 1 TWICKENHAM COURT: £49,650 (Sold on 06 Feb 1995)
  • Other
    • The average price is around £266,285 median price is £140,000 Standard Deviation is £300,082 with Total Sold: 11
    • The Last 5 Year average price is £371,857 with Total Sold: 6
    • The most recent sale happened at this postcode is , THE BLAKE ARMS HOTEL STATION ROAD: £300,000 (Sold on 08 Sep 2023)
    • The first recorded sale happened at this postcode is , 8 KENSINGTON CLOSE: £25,000 (Sold on 12 Feb 2015)
  • Flat
    • The average price is around £58,714 median price is £40,000 Standard Deviation is £27,183 with Total Sold: 7
    • The Last 5 Year average price is £95,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 53 MURRAYFIELD: £95,000 (Sold on 13 May 2022)
    • The first recorded sale happened at this postcode is , 53 MURRAYFIELD: £39,500 (Sold on 12 Apr 2001)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£322,0001
2023£311,658 £2,945 6
2022£361,069 £2,690 8
2021£258,310 £3,060 10
2020£212,000 £2,059 4
2019£169,975 £1,878 2
2018£251,400 £2,260 10
2017£218,250 £2,126 6
2016£200,000 £2,050 3
2015£224,166 £1,756 6
2014£212,722 £2,236 9
2013£192,000 £1,772 4
2012£206,238 £1,762 4
2011£186,625 £1,706 4
2010£228,564 £2,287 7
2009£134,500 £2,054 3
2008£204,744 £1,942 8
2007£261,080 £2,447 5
2006£208,612 £2,131 8
2005£188,190 £2,000 5
2004£176,279 £1,990 12
2003£173,595 £1,073 10
2002£137,264 £1,143 11
2001£93,429 £1,064 14
2000£86,024 £898 8
1999£80,308 £794 12
1998£77,833 £787 6
1997£97,212 £657 8
1996£77,556 £579 8
1995£68,882 £658 18
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£114,960 £923 5
2023£240,250 £2,864 4
2022£209,622 £3,021 9
2021£173,090 £2,723 5
2020£134,378 £1,703 7
2019£164,000 £2,278 1
2018£212,375 £2,180 4
2017£115,750 £1,127 4
2016£136,167 £2,149 6
2015£133,500 £1,983 4
2014£122,284 £1,662 9
2013£127,000 £1,386 4
2012£101,500 £906 2
2011£90,000 £1,190 2
2010£110,238 £1,484 4
2009£129,738 £1,902 4
2008£123,750 £1,119 6
2007£145,379 £1,887 12
2006£153,479 £2,205 14
2005£151,441 £1,834 11
2004£119,500 £1,654 2
2003£75,494 £866 8
2002£64,314 £922 7
2001£56,989 £833 9
2000£56,832 £695 11
1999£50,264 £694 7
1998£47,917 £509 6
1997£44,100 £643 6
1996£50,238 £754 8
1995£45,530 £621 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£117,0001
2023£143,207 £2,186 7
2022£114,250 £2,055 4
2021£225,273 £2,054 11
2020£102,996 £1,709 12
2019£104,200 £1,622 5
2018£84,889 £1,666 9
2017£111,175 £1,703 8
2016£109,111 £1,578 9
2015£92,408 £1,658 12
2014£119,775 £1,710 10
2013£179,417 £1,578 3
2012£91,286 £1,363 7
2011£118,929 £1,216 7
2010£98,888 £1,765 13
2009£116,556 £1,589 9
2008£143,207 £1,976 7
2007£117,427 £1,685 15
2006£110,795 £2,067 19
2005£103,598 £1,660 18
2004£83,514 £1,613 21
2003£58,283 £1,140 27
2002£54,268 £713 17
2001£45,148 £701 20
2000£36,422 £661 9
1999£44,632 £668 14
1998£35,033 £710 12
1997£35,336 £633 11
1996£34,223 £525 11
1995£40,965 £636 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£514,2702
2020£384,167 £403 3
2019£50,1001
2018£280,0001
2017£158,0001
2016£117,5002
2015£25,000 £403 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£95,000 £2,065 1
2012£32,500 £293 2
2009£40,0001
2007£98,000 £2,130 1
2005£73,5001
2001£39,500 £859 1

House Type in NE23 7FH area

The most common house types in the NE23 7FH postcode area are Terraced (84), Detached (39), and Semi-detached (39).

Total168
Terraced84
Detached39
Semi-detached39
Flat3
temporary structure3
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (75), and Owned: Owns outright (51).

Owned: Owns with a mortgage or loan75
Owned: Owns outright51
Private rented: Private landlord or letting agency35
Social rented: Rents from council or Local Authority4
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE23 7FH have 1 person in household (69), and 2 people in household (62).

1 person in household69
2 people in household62
3 people in household24
4 people in household12
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0