Housing Market Analysis for RICHMOND WAY, NE23 7XE

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

Overview of Sold House prices

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

Detached
- The average price is around £304,571 median price is £320,000 Standard Deviation is £115,543 with Total Sold: 57
- The Last 5 Year average price is £451,383 with Total Sold: 9
- The most recent sale happened at this postcode is 46 RICHMOND WAY: £395,000 (Sold on 15 Sep 2023)
- The first recorded sale happened at this postcode is 8 RICHMOND WAY: £90,000 (Sold on 20 Oct 1995)
Semi-Detached
- The average price is around £299,975 median price is £299,975 Standard Deviation is £160,025 with Total Sold: 2
- The Last 5 Year average price is £460,000 with Total Sold: 1
- The most recent sale happened at this postcode is 5 RICHMOND WAY: £460,000 (Sold on 23 Oct 2020)
- The first recorded sale happened at this postcode is 5 RICHMOND WAY: £139,950 (Sold on 21 Jun 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE23 7XE 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	£477,500	£3,370	2
2022	£516,250	£2,401	2
2021	£499,950	£2,577	1
2020	£375,000	£3,378	1
2019	£400,000	£2,485	3
2018	£396,000	£2,681	3
2017	£317,500	£2,638	2
2016	£429,500	£2,197	2
2015	£343,125	£2,483	4
2013	£338,750	£2,131	4
2012	£285,000	£1,665	2
2011	£315,000	£2,018	2
2010	£318,500	£1,976	2
2009	£265,000		1
2007	£348,750	£2,562	4
2006	£273,500	£1,873	1
2005	£332,386	£1,386	3
2004	£301,000	£1,986	2
2003	£261,333	£2,451	3
2002	£150,000		1
2001	£155,250	£784	2
2000	£135,650	£779	3
1998	£165,000	£613	1
1997	£132,000		2
1996	£120,000	£656	1
1995	£106,167	£637	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£460,000	£2,629	1
2001	£139,950	£800	1

All the Sales in the RICHMOND WAY, NE23 7XE

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

Address	Sold Date	Price	% Change
46 RICHMOND WAYDetached, FreeholdArea: 114 Sq.mtrAge: 1976-1982	15 Sep 2023	£395,000	First Sale
65 RICHMOND WAYDetached, FreeholdArea: 171 Sq.mtrAge: 1976-1982	15 Sep 2023	£560,000	First Sale
11 RICHMOND WAYDetached, FreeholdArea: 216 Sq.mtrAge: 1976-1982	15 Jul 2022	£517,500	103.97%
	22 Jul 2005	£253,709	First Sale
41 RICHMOND WAYDetached, FreeholdArea: 214 Sq.mtrAge: 1967-1975	16 May 2022	£515,000	First Sale
43 RICHMOND WAYDetached, FreeholdArea: 194 Sq.mtrAge: 1976-1982	25 Jun 2021	£499,950	244.79%
	23 Nov 1995	£145,000	First Sale
5 RICHMOND WAYSemi-Detached, FreeholdArea: 175 Sq.mtrAge: 1976-1982	23 Oct 2020	£460,000	228.69%
	21 Jun 2001	£139,950	First Sale
50 RICHMOND WAYDetached, FreeholdArea: 111 Sq.mtrAge: 1976-1982	23 Oct 2020	£375,000	First Sale
17 RICHMOND WAYDetached, FreeholdArea: 170 Sq.mtrAge: 1967-1975	22 Nov 2019	£385,000	172.08%
	19 Apr 2001	£141,500	First Sale
12 RICHMOND WAYDetached, FreeholdArea: 151.94 Sq.mtrAge: 1976-1982	20 Jun 2019	£385,000	0.65%
	04 Nov 2015	£382,500	39.85%
	03 Mar 2006	£273,500	First Sale
10 RICHMOND WAYDetached, FreeholdArea: 161.86 Sq.mtrAge: 1967-1975	30 May 2019	£430,000	22.86%
	30 Sep 2011	£350,000	133.41%
	15 Sep 2000	£149,950	First Sale
55 RICHMOND WAYDetached, FreeholdArea: 269 Sq.mtrAge: 1976-1982	14 Dec 2018	£500,000	26.28%
	20 May 2005	£395,950	139.97%
	21 May 1998	£165,000	First Sale
33 RICHMOND WAYDetached, FreeholdArea: 125 Sq.mtrAge: 1976-1982	07 Dec 2018	£348,000	First Sale
36 RICHMOND WAYDetached, FreeholdArea: 100 Sq.mtrAge: 1976-1982	10 Oct 2018	£340,000	First Sale
48 RICHMOND WAYDetached, FreeholdArea: 113 Sq.mtrAge: 1976-1982	16 Jun 2017	£350,000	21.11%
	09 Dec 2003	£289,000	9.06%
	15 Aug 2003	£265,000	First Sale
24 RICHMOND WAYDetached, FreeholdArea: 130.85 Sq.mtrAge: 1983-1990	24 Feb 2017	£285,000	First Sale
27 RICHMOND WAYDetached, FreeholdArea: 237.33 Sq.mtrAge: 1976-1982	01 Jul 2016	£414,000	38.00%
	09 Jan 2012	£300,000	First Sale
69 RICHMOND WAYDetached, FreeholdArea: 168 Sq.mtrAge: 1967-1975	31 Mar 2016	£445,000	28.99%
	09 Apr 2010	£345,000	First Sale
8 RICHMOND WAYDetached, FreeholdArea: 171 Sq.mtrAge: 1976-1982	05 Nov 2015	£330,000	266.67%
	20 Oct 1995	£90,000	First Sale
59 RICHMOND WAYDetached, FreeholdArea: 237 Sq.mtrAge: 1967-1975	16 Mar 2015	£340,000	First Sale
18 RICHMOND WAYDetached, FreeholdArea: 79 Sq.mtrAge: 1976-1982	24 Feb 2015	£320,000	First Sale
4 RICHMOND WAYDetached, FreeholdArea: 153 Sq.mtrAge: 1976-1982	19 Nov 2013	£320,000	First Sale
23 RICHMOND WAYDetached, FreeholdArea: 129.94 Sq.mtrAge: 1967-1975	28 Jun 2013	£295,000	First Sale
42 RICHMOND WAYDetached, FreeholdArea: 142 Sq.mtrAge: 1967-1975	29 May 2013	£350,000	24.11%
	16 Jul 2004	£282,000	First Sale
49 RICHMOND WAYDetached, FreeholdArea: 230 Sq.mtrAge: 1967-1975	20 Mar 2013	£390,000	12.23%
	02 Sep 2005	£347,500	105.62%
	12 Apr 2001	£169,000	First Sale
13 RICHMOND WAYDetached, FreeholdArea: 130.74 Sq.mtrAge: 1967-1975	06 Jul 2012	£270,000	-19.40%
	19 Apr 2007	£335,000	First Sale
29 RICHMOND WAYDetached, FreeholdArea: 149.42 Sq.mtrAge: 1967-1975	18 Nov 2011	£280,000	First Sale
40 RICHMOND WAYDetached, FreeholdArea: 153.815 Sq.mtrAge: 1976-1982	17 Dec 2010	£292,000	First Sale
15 RICHMOND WAYDetached, Freehold	13 Nov 2009	£265,000	First Sale
52 RICHMOND WAYDetached, Freehold	20 Dec 2007	£320,000	First Sale
21 RICHMOND WAYDetached, Freehold	15 Jun 2007	£420,000	First Sale
20 RICHMOND WAYDetached, Freehold	30 Apr 2007	£320,000	39.13%
20 RICHMOND WAYDetached, Freehold	26 Sep 2003	£230,000	First Sale
63 RICHMOND WAYDetached, Freehold	07 May 2004	£320,000	125.35%
63 RICHMOND WAYDetached, Freehold	31 Mar 2000	£142,000	First Sale
3 RICHMOND WAYDetached, Freehold	03 May 2002	£150,000	First Sale
9 RICHMOND WAYDetached, FreeholdArea: 182 Sq.mtrAge: 1976-1982	31 Mar 2000	£115,000	First Sale
39 RICHMOND WAYDetached, Freehold	28 Oct 1997	£144,000	First Sale
6 RICHMOND WAYDetached, Freehold	17 Jan 1997	£120,000	First Sale
56 RICHMOND WAYDetached, FreeholdArea: 183 Sq.mtrAge: 1983-1990	31 Jul 1996	£120,000	First Sale
14 RICHMOND WAYDetached, Freehold	30 Oct 1995	£83,500	First Sale

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

RICHMOND WAY, NE23 7XE Near By properties

Interactive Map

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

Detached
- The average price is around £241,215 median price is £223,950 Standard Deviation is £109,312 with Total Sold: 409
- The Last 5 Year average price is £359,639 with Total Sold: 61
- The most recent sale happened at this postcode is , 1 ROMFORD CLOSE: £685,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 28 GREY AVENUE: £59,950 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £142,237 median price is £141,921 Standard Deviation is £88,985 with Total Sold: 172
- The Last 5 Year average price is £218,425 with Total Sold: 38
- The most recent sale happened at this postcode is , 16 GREYSTOKE PLACE: £280,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 4 GLENCOE AVENUE: £45,500 (Sold on 31 Mar 1995)
Flat
- The average price is around £63,801 median price is £71,000 Standard Deviation is £27,578 with Total Sold: 188
- The Last 5 Year average price is £72,249 with Total Sold: 21
- The most recent sale happened at this postcode is , 24 WINSTER PLACE: £85,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 27 GREYSTOKE PLACE: £17,975 (Sold on 07 Jul 1995)
Terraced
- The average price is around £123,057 median price is £119,000 Standard Deviation is £93,641 with Total Sold: 204
- The Last 5 Year average price is £210,706 with Total Sold: 42
- The most recent sale happened at this postcode is , 20 GLENLUCE DRIVE: £144,500 (Sold on 29 Feb 2024)
- The first recorded sale happened at this postcode is , 23 GRANTHAM PLACE: £39,950 (Sold on 03 Feb 1995)
Other
- The average price is around £181,006 median price is £5,650 Standard Deviation is £385,174 with Total Sold: 8
- The Last 5 Year average price is £253,190 with Total Sold: 5
- The most recent sale happened at this postcode is , 52 GLENLUCE DRIVE: £59,000 (Sold on 11 Apr 2023)
- The first recorded sale happened at this postcode is , 10 GILDERDALE WAY: £171,000 (Sold on 13 Sep 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£478,333		3
2023	£383,429	£3,003	14
2022	£443,812	£2,820	8
2021	£302,809	£2,646	16
2020	£322,500	£2,894	12
2019	£358,688	£2,378	8
2018	£318,062	£2,391	13
2017	£309,410	£2,144	15
2016	£372,282	£2,158	14
2015	£294,941	£2,455	17
2014	£285,700	£2,117	10
2013	£291,145	£2,007	10
2012	£283,333	£1,665	3
2011	£252,328	£2,137	9
2010	£279,200	£2,143	10
2009	£268,500	£1,780	6
2008	£261,500	£2,172	6
2007	£269,772	£2,075	20
2006	£271,588	£2,075	17
2005	£311,523	£1,566	7
2004	£254,073	£1,768	13
2003	£218,584	£1,659	22
2002	£178,264	£1,365	65
2001	£133,471	£1,059	57
2000	£108,269	£719	8
1999	£82,085	£612	10
1998	£129,500	£613	2
1997	£119,500	£796	4
1996	£80,125	£656	4
1995	£101,908	£637	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£240,000		2
2023	£147,940	£2,427	5
2022	£178,490	£2,508	5
2021	£280,357	£2,426	14
2020	£209,500	£2,442	6
2019	£167,667	£2,403	6
2018	£155,590	£2,361	5
2017	£158,917	£2,204	6
2016	£210,667	£2,060	3
2015	£165,300	£2,375	3
2014	£235,750	£1,806	6
2013	£135,000	£2,344	2
2012	£268,000	£2,573	2
2011	£137,488	£1,772	4
2010	£112,500	£1,637	2
2009	£139,556	£2,025	9
2008	£140,557	£1,868	6
2007	£160,417	£1,912	6
2006	£182,544	£1,837	9
2005	£146,500	£2,533	3
2004	£126,739	£1,763	14
2003	£105,450	£1,357	6
2002	£79,558	£1,011	6
2001	£68,294	£712	8
2000	£63,290	£647	5
1999	£55,480		5
1998	£45,440	£714	5
1997	£50,056	£643	8
1996	£45,925	£539	4
1995	£47,079	£731	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£85,000		1
2023	£71,738	£1,284	4
2022	£74,754	£1,480	5
2021	£79,286	£1,357	7
2020	£79,000	£1,362	1
2019	£45,833	£844	3
2018	£89,250	£1,560	2
2017	£78,000	£1,573	3
2016	£78,562	£1,438	8
2014	£55,000	£1,038	1
2013	£93,000	£1,529	2
2012	£95,000	£1,558	1
2011	£82,742	£1,563	4
2010	£86,833	£1,548	3
2009	£87,000	£1,586	2
2008	£92,575	£1,691	6
2007	£95,872	£1,765	16
2006	£86,975	£1,519	8
2005	£92,242	£1,601	12
2004	£76,953	£1,375	16
2003	£68,025	£1,210	12
2002	£45,158	£829	12
2001	£43,694	£679	9
2000	£31,859	£554	11
1999	£28,615	£490	10
1998	£31,610	£540	10
1997	£29,636	£516	7
1996	£24,383	£457	9
1995	£26,808	£465	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£144,500	£1,741	1
2023	£278,000	£1,988	5
2022	£192,961	£2,091	11
2021	£213,009	£1,908	16
2020	£164,112	£1,894	4
2019	£225,600	£1,716	5
2018	£191,500	£1,794	6
2017	£196,333	£2,030	9
2016	£174,371	£1,827	7
2015	£128,357	£1,524	7
2014	£139,125	£1,821	4
2013	£166,650	£1,699	3
2012	£140,625	£1,550	4
2011	£126,400	£1,837	5
2010	£152,667	£1,649	3
2009	£140,000	£1,363	4
2008	£147,500	£1,714	2
2007	£128,071	£1,918	7
2006	£130,190	£1,735	5
2005	£114,988	£1,728	4
2004	£121,314	£1,868	7
2003	£113,921	£1,481	7
2002	£86,575	£819	4
2001	£64,117	£704	15
2000	£50,790	£564	5
1999	£44,542	£617	12
1998	£47,167	£575	15
1997	£44,544	£595	10
1996	£43,117	£655	9
1995	£45,425	£528	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£59,000	£952	1
2019	£301,738	£4,465	4
2017	£5,550	£77	2
2016	£171,000	£1,819	1

House Type in NE23 7XE area

The most common house types in the NE23 7XE postcode area are Total (137), Semi-detached (0), and Terraced (0).

Detached	137
Total	137
Semi-detached	0
Terraced	0
Flat	0
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 outright (102), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright	102
Owned: Owns with a mortgage or loan	33
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Private rented: Private landlord or letting agency	1
Private rented: Other private 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 7XE have 2 people in household (78), and 1 person in household (22).

2 people in household	78
1 person in household	22
3 people in household	16
4 people in household	14
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0