Housing Market Analysis for OAKFIELD WAY, NE23 7HQ

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

Overview of Sold House prices

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

Detached
- The average price is around £117,554 median price is £85,000 Standard Deviation is £61,009 with Total Sold: 25
- The Last 5 Year average price is £214,975 with Total Sold: 2
- The most recent sale happened at this postcode is 49 OAKFIELD WAY: £199,950 (Sold on 30 Mar 2023)
- The first recorded sale happened at this postcode is 36 OAKFIELD WAY: £73,000 (Sold on 20 Jun 1995)
Semi-Detached
- The average price is around £126,423 median price is £151,500 Standard Deviation is £59,746 with Total Sold: 15
- The Last 5 Year average price is £233,950 with Total Sold: 1
- The most recent sale happened at this postcode is 47 OAKFIELD WAY: £233,950 (Sold on 06 Dec 2021)
- The first recorded sale happened at this postcode is 47 OAKFIELD WAY: £60,000 (Sold on 18 May 1995)
Terraced
- 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 51 OAKFIELD WAY: £59,950 (Sold on 11 Aug 2000)
- The first recorded sale happened at this postcode is 51 OAKFIELD WAY: £59,950 (Sold on 11 Aug 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE23 7HQ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£199,950	£2,531	1
2021	£230,000	£3,770	1
2013	£162,500	£3,250	1
2012	£180,000	£2,093	1
2010	£157,000	£2,684	1
2008	£205,000	£2,384	1
2007	£163,500	£2,070	1
2006	£185,750	£1,861	2
2004	£172,500	£2,006	2
2001	£70,000	£1,145	3
1999	£58,000		1
1998	£56,250	£712	1
1997	£64,067	£986	3
1996	£66,990	£690	5
1995	£73,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£233,950	£3,161	1
2015	£165,000	£1,988	1
2014	£158,000	£2,000	1
2007	£187,000	£2,076	2
2006	£151,500	£1,918	1
2005	£152,000		1
2004	£154,750	£2,060	2
2001	£64,200		2
2000	£57,000	£722	1
1996	£53,500	£879	2
1995	£60,000	£811	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£59,950	£750	1

All the Sales in the OAKFIELD WAY, NE23 7HQ

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

Address	Sold Date	Price	% Change
49 OAKFIELD WAYDetached, LeaseholdArea: 79 Sq.mtrAge: 1991-1995	30 Mar 2023	£199,950	22.29%
	19 Jan 2007	£163,500	190.67%
	28 Aug 1998	£56,250	8.17%
	18 Oct 1996	£52,000	First Sale
12 OAKFIELD WAYDetached, LeaseholdArea: 61 Sq.mtrAge: 1983-1990	06 Dec 2021	£230,000	First Sale
47 OAKFIELD WAYSemi-Detached, LeaseholdArea: 74 Sq.mtrAge: 1991-1995	06 Dec 2021	£233,950	289.92%
	18 May 1995	£60,000	First Sale
29 OAKFIELD WAYSemi-Detached, LeaseholdArea: 83 Sq.mtrAge: 1983-1990	30 Apr 2015	£165,000	8.91%
	16 Aug 2006	£151,500	152.71%
	12 Jan 1996	£59,950	First Sale
3 OAKFIELD WAYSemi-Detached, LeaseholdArea: 79 Sq.mtrAge: 1991-1995	17 Apr 2014	£158,000	-3.66%
	06 Jul 2007	£164,000	8.25%
	24 Mar 2006	£151,500	165.79%
	31 Mar 2000	£57,000	9.62%
	29 Nov 1996	£52,000	First Sale
57 OAKFIELD WAYDetached, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	10 May 2013	£162,500	195.45%
	27 Sep 1996	£55,000	First Sale
35 OAKFIELD WAYDetached, FreeholdArea: 86 Sq.mtrAge: 1983-1990	21 Dec 2012	£180,000	-12.20%
	08 Aug 2008	£205,000	18.84%
	10 May 2004	£172,500	0.0
	10 May 2004	£172,500	First Sale
59 OAKFIELD WAYDetached, LeaseholdArea: 58.49 Sq.mtrAge: 1983-1990	17 Dec 2010	£157,000	134.33%
	02 Feb 2001	£67,000	13.56%
	14 Nov 1997	£59,000	First Sale
28 OAKFIELD WAYSemi-Detached, Freehold	31 May 2007	£210,000	First Sale
41 OAKFIELD WAYDetached, LeaseholdArea: 116 Sq.mtrAge: 1983-1990	18 Dec 2006	£220,000	First Sale
23 OAKFIELD WAYSemi-Detached, Leasehold	25 Feb 2005	£152,000	122.06%
23 OAKFIELD WAYSemi-Detached, Leasehold	12 Nov 2001	£68,450	First Sale
10 OAKFIELD WAYSemi-Detached, LeaseholdArea: 57 Sq.mtrAge: 1983-1990	17 Jun 2004	£138,000	First Sale
11 OAKFIELD WAYSemi-Detached, LeaseholdArea: 101 Sq.mtrAge: 1983-1990	28 May 2004	£171,500	First Sale
53 OAKFIELD WAYDetached, Freehold	20 Apr 2001	£71,500	0.0
53 OAKFIELD WAYDetached, Freehold	20 Apr 2001	£71,500	First Sale
5 OAKFIELD WAYSemi-Detached, Leasehold	06 Apr 2001	£59,950	First Sale
51 OAKFIELD WAYTerraced, LeaseholdArea: 79.92 Sq.mtrAge: 1983-1990	11 Aug 2000	£59,950	First Sale
25 OAKFIELD WAYDetached, Leasehold	07 Dec 1999	£58,000	9.43%
25 OAKFIELD WAYDetached, Leasehold	15 Mar 1996	£53,000	First Sale
27 OAKFIELD WAYDetached, Leasehold	04 Apr 1997	£59,950	First Sale
33 OAKFIELD WAYDetached, LeaseholdArea: 76 Sq.mtrAge: 1983-1990	10 Mar 1997	£73,250	First Sale
32 OAKFIELD WAYDetached, Leasehold	19 Dec 1996	£85,000	0.0
32 OAKFIELD WAYDetached, Leasehold	19 Dec 1996	£85,000	First Sale
36 OAKFIELD WAYDetached, Leasehold	20 Jun 1995	£73,000	First Sale

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

OAKFIELD WAY, NE23 7HQ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £101,251 median price is £90,000 Standard Deviation is £51,155 with Total Sold: 342
- The Last 5 Year average price is £147,658 with Total Sold: 43
- 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)
Detached
- The average price is around £155,649 median price is £159,950 Standard Deviation is £78,912 with Total Sold: 255
- The Last 5 Year average price is £258,975 with Total Sold: 36
- The most recent sale happened at this postcode is , 8 BEAUMONT GRANGE: £177,500 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 20 TWICKENHAM COURT: £74,950 (Sold on 06 Jan 1995)
Terraced
- The average price is around £79,170 median price is £75,000 Standard Deviation is £39,549 with Total Sold: 351
- The Last 5 Year average price is £113,409 with Total Sold: 39
- 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 £506,608 median price is £219,000 Standard Deviation is £590,669 with Total Sold: 12
- The Last 5 Year average price is £899,773 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 , 22 HAZELMERE DENE: £3,460 (Sold on 19 Mar 2014)
Flat
- The average price is around £47,292 median price is £47,500 Standard Deviation is £19,990 with Total Sold: 48
- The Last 5 Year average price is £56,325 with Total Sold: 12
- The most recent sale happened at this postcode is , 1 NORTHCOTT GARDENS: £56,000 (Sold on 03 Mar 2023)
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£114,960	£923	5
2023	£170,400	£1,730	5
2022	£182,071	£1,950	7
2021	£169,706	£1,913	9
2020	£128,665	£1,587	10
2019	£119,143	£1,371	7
2018	£124,082	£1,501	11
2017	£122,993	£1,414	7
2016	£145,939	£1,866	18
2015	£131,850	£1,568	10
2014	£122,221	£1,570	15
2013	£116,800	£1,386	5
2012	£100,000	£1,290	3
2011	£100,110	£1,137	10
2010	£116,795	£1,429	10
2009	£120,975	£1,355	10
2008	£114,064	£1,311	11
2007	£129,490	£1,614	25
2006	£121,973	£1,417	13
2005	£116,786	£1,528	18
2004	£112,071	£1,548	12
2003	£78,450	£888	13
2002	£54,979	£765	14
2001	£55,288	£726	20
2000	£53,282	£678	19
1999	£51,490	£646	10
1998	£42,682	£397	11
1997	£44,508	£647	13
1996	£49,441	£763	11
1995	£47,210	£667	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£177,500		1
2023	£289,086	£2,721	11
2022	£302,025	£2,505	4
2021	£258,510	£2,832	10
2020	£211,000	£2,120	3
2019	£219,921	£2,085	7
2018	£243,056	£2,158	8
2017	£201,611	£2,282	9
2016	£215,875	£1,884	4
2015	£205,564	£2,174	7
2014	£218,167	£1,663	3
2013	£197,483	£1,883	3
2012	£185,490	£1,809	5
2011	£176,625	£2,067	4
2010	£193,119	£1,771	8
2009	£176,493	£1,752	7
2008	£199,632	£2,147	11
2007	£213,244	£2,264	8
2006	£199,788	£1,828	12
2005	£148,650	£2,012	3
2004	£161,593	£1,866	14
2003	£149,675	£1,526	8
2002	£115,883	£1,249	9
2001	£79,435	£934	13
2000	£82,990	£848	16
1999	£79,908	£739	12
1998	£74,068	£734	11
1997	£78,257	£783	14
1996	£67,600	£643	14
1995	£76,288	£643	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£146,000		2
2023	£105,417	£2,048	6
2022	£153,400	£2,130	5
2021	£106,929	£2,041	7
2020	£103,996	£1,689	13
2019	£105,167	£1,546	6
2018	£90,600	£1,670	10
2017	£111,890	£1,661	5
2016	£116,135	£1,547	13
2015	£96,838	£1,633	13
2014	£98,410	£1,558	10
2013	£116,812	£1,282	4
2012	£91,286	£1,363	7
2011	£90,417	£1,286	6
2010	£99,325	£1,737	14
2009	£116,556	£1,589	9
2008	£130,493	£1,915	7
2007	£106,847	£1,565	17
2006	£85,182	£2,048	17
2005	£95,045	£1,630	17
2004	£92,281	£1,603	24
2003	£58,283	£1,140	27
2002	£42,679	£764	17
2001	£41,148	£729	20
2000	£38,427	£669	11
1999	£39,240	£683	16
1998	£41,893	£685	15
1997	£35,336	£633	11
1996	£38,950	£580	11
1995	£39,332	£705	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£514,270		2
2020	£1,439,999	£10,641	3
2019	£50,100		1
2018	£280,000		1
2017	£81,098		2
2016	£117,500		2
2014	£3,460	£49	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£59,000	£1,169	2
2022	£70,167	£1,483	3
2021	£49,975	£1,011	4
2019	£49,167	£931	3
2018	£62,000	£1,319	1
2015	£52,000	£1,229	2
2014	£30,000	£796	1
2013	£53,250	£1,040	2
2012	£32,500	£293	2
2011	£49,500	£936	2
2009	£57,333	£1,306	3
2007	£66,875	£1,810	4
2006	£58,583	£1,328	3
2005	£68,750		2
2004	£33,006	£1,000	2
2003	£40,725	£813	2
2002	£24,975	£487	4
2001	£39,500	£859	1
2000	£13,000	£241	1
1999	£14,000	£259	1
1998	£16,800		1
1997	£17,700	£377	1
1995	£26,500	£552	1

House Type in NE23 7HQ area

The most common house types in the NE23 7HQ postcode area are Detached (61), Semi-detached (53), and Terraced (8).

Total	125
Detached	61
Semi-detached	53
Terraced	8
commercial building	3
Flat	0
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (23).

Owned: Owns outright	79
Owned: Owns with a mortgage or loan	23
Private rented: Private landlord or letting agency	18
Private rented: Other private rented	4
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NE23 7HQ have 2 people in household (69), and 1 person in household (36).

2 people in household	69
1 person in household	36
3 people in household	15
6 people in household	2
4 people in household	1
5 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0