Housing Market Analysis for FOREST WAY, NE23 7HF

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £273,500 median price is £273,500 Standard Deviation is £41,500 with Total Sold: 2
    • The Last 5 Year average price is £315,000 with Total Sold: 1
    • The most recent sale happened at this postcode is OAKLANDS FOREST WAY: £315,000 (Sold on 10 Oct 2022)
    • The first recorded sale happened at this postcode is OAKLANDS FOREST WAY: £232,000 (Sold on 20 Aug 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE23 7HF 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£315,000 £2,283 1
2004£232,000 £1,681 1

All the Sales in the FOREST WAY, NE23 7HF

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

AddressSold DatePrice% Change
OAKLANDS FOREST WAYDetached, FreeholdArea: 138 Sq.mtrAge: 1983-199010 Oct 2022£315,00035.78%
20 Aug 2004£232,000First Sale

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

FOREST WAY, NE23 7HF Near By properties

Interactive Map

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

  • Detached
    • The average price is around £158,413 median price is £159,000 Standard Deviation is £86,113 with Total Sold: 289
    • The Last 5 Year average price is £272,958 with Total Sold: 36
    • 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 £99,947 median price is £93,000 Standard Deviation is £48,750 with Total Sold: 444
    • The Last 5 Year average price is £144,572 with Total Sold: 72
    • 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 , 3 WARWICK CLOSE: £44,500 (Sold on 31 Jan 1995)
  • Terraced
    • The average price is around £81,591 median price is £75,000 Standard Deviation is £51,518 with Total Sold: 378
    • The Last 5 Year average price is £129,061 with Total Sold: 48
    • The most recent sale happened at this postcode is , 5 HAZLITT PLACE: £175,000 (Sold on 31 May 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 £244,445 median price is £127,500 Standard Deviation is £296,297 with Total Sold: 12
    • 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 £47,371 median price is £43,000 Standard Deviation is £21,207 with Total Sold: 27
    • The Last 5 Year average price is £65,100 with Total Sold: 5
    • The most recent sale happened at this postcode is , 49 NORTHCOTT GARDENS: £58,000 (Sold on 23 May 2022)
    • The first recorded sale happened at this postcode is , 1 MADDISON GARDENS: £26,500 (Sold on 12 Apr 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£322,0001
2023£295,700 £2,886 7
2022£345,950 £2,724 9
2021£255,736 £3,131 11
2020£204,600 £2,102 5
2019£161,650 £1,730 3
2018£252,829 £2,405 12
2017£211,357 £2,118 7
2016£193,750 £2,106 4
2015£224,166 £1,756 6
2014£212,722 £2,236 9
2013£192,575 £1,950 6
2012£200,990 £1,828 5
2011£177,300 £1,914 5
2010£211,541 £2,191 11
2009£140,375 £2,047 4
2008£201,645 £2,090 10
2007£218,669 £2,291 8
2006£204,040 £2,054 10
2005£150,488 £2,186 4
2004£165,044 £1,881 18
2003£170,742 £1,217 12
2002£132,908 £1,143 12
2001£87,974 £992 19
2000£77,272 £876 15
1999£77,380 £797 15
1998£72,174 £777 10
1997£82,992 £719 13
1996£71,800 £595 18
1995£68,219 £658 20
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£127,543 £1,543 7
2023£174,545 £2,127 11
2022£185,917 £2,133 12
2021£161,692 £1,858 12
2020£119,046 £1,531 14
2019£109,903 £1,415 16
2018£118,171 £1,480 14
2017£109,850 £1,282 14
2016£123,205 £1,759 19
2015£116,540 £1,510 15
2014£116,787 £1,529 22
2013£103,357 £1,264 7
2012£97,333 £1,357 6
2011£99,645 £1,145 11
2010£114,150 £1,409 13
2009£118,621 £1,384 14
2008£104,300 £1,167 14
2007£129,845 £1,574 29
2006£125,703 £1,472 18
2005£117,430 £1,558 20
2004£105,547 £1,480 16
2003£66,663 £906 14
2002£53,789 £757 18
2001£52,495 £668 22
2000£50,311 £678 22
1999£48,775 £670 12
1998£43,823 £511 13
1997£39,773 £586 15
1996£48,758 £788 13
1995£44,918 £667 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£119,1673
2023£105,417 £2,048 6
2022£141,250 £1,942 8
2021£192,350 £1,919 10
2020£101,363 £1,603 15
2019£105,167 £1,546 6
2018£90,600 £1,670 10
2017£111,175 £1,703 8
2016£114,482 £1,512 14
2015£96,838 £1,633 13
2014£91,050 £1,429 12
2013£116,812 £1,282 4
2012£91,286 £1,363 7
2011£118,929 £1,216 7
2010£98,370 £1,683 15
2009£116,556 £1,589 9
2008£114,575 £1,901 6
2007£106,689 £1,537 18
2006£86,561 £2,016 18
2005£94,207 £1,607 18
2004£85,426 £1,603 23
2003£58,283 £1,140 27
2002£53,711 £712 19
2001£45,814 £696 22
2000£38,427 £669 11
1999£43,172 £659 18
1998£33,850 £617 14
1997£34,517 £602 12
1996£33,035 £507 13
1995£40,638 £636 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£514,2702
2020£384,167 £403 3
2019£50,1001
2018£280,0001
2017£81,0982
2016£117,5002
2015£25,000 £403 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£76,500 £1,613 2
2021£57,500 £1,181 2
2019£57,500 £1,127 1
2015£52,000 £1,229 2
2014£30,000 £796 1
2013£53,250 £1,040 2
2012£32,500 £293 2
2011£37,000 £553 1
2009£40,0001
2007£65,833 £2,130 3
2006£50,750 £1,336 1
2005£68,7502
2004£11,0131
2003£36,500 £793 1
2002£27,475 £564 2
2001£39,500 £859 1
1998£16,8001
1995£26,500 £552 1

House Type in NE23 7HF area

The most common house types in the NE23 7HF postcode area are Semi-detached (80), Terraced (58), and Detached (19).

Total161
Semi-detached80
Terraced58
Detached19
Flat4
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 (50), and Owned: Owns outright (49).

Owned: Owns with a mortgage or loan50
Owned: Owns outright49
Social rented: Other social rented41
Private rented: Private landlord or letting agency14
Private rented: Other private rented4
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE23 7HF have 2 people in household (63), and 1 person in household (41).

2 people in household63
1 person in household41
3 people in household37
4 people in household14
5 people in household4
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0