Housing Market Analysis for ELGIN CLOSE, NE23 8JA

Are you looking to understand NE23 8JA 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 8JA area, explore the NE23 8JA Area information page.
For comprehensive crime statistics in the NE23 8JA area, explore the NE23 8JA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE23 8JA postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £58,000 median price is £58,000 Standard Deviation is £2,000 with Total Sold: 2
    • The Last 5 Year average price is £56,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 30 ELGIN CLOSE: £56,000 (Sold on 17 Jan 2020)
    • The first recorded sale happened at this postcode is 30 ELGIN CLOSE: £60,000 (Sold on 04 Dec 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average NE23 8JA 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£56,000 £714 1
2009£60,000 £765 1

All the Sales in the ELGIN CLOSE, NE23 8JA

See the table below for more details on the sold house prices in the NE23 8JA, Northumberland postcode.

AddressSold DatePrice% Change
30 ELGIN CLOSETerraced, FreeholdArea: 78.42 Sq.mtrAge: 1967-197517 Jan 2020£56,000-6.67%
04 Dec 2009£60,000First Sale

Check out the sold house prices near the NE23 8JA postcode. Properties currently for saleProperties currently for rent

ELGIN CLOSE, NE23 8JA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE23 8JA 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 8JA postcode.

  • Terraced
    • The average price is around £84,291 median price is £84,950 Standard Deviation is £42,211 with Total Sold: 145
    • The Last 5 Year average price is £123,105 with Total Sold: 30
    • The most recent sale happened at this postcode is , 9 LADYKIRK WAY: £135,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 21 LANGDALE DRIVE: £36,250 (Sold on 26 May 1995)
  • Semi-Detached
    • The average price is around £78,918 median price is £75,000 Standard Deviation is £43,464 with Total Sold: 265
    • The Last 5 Year average price is £130,118 with Total Sold: 25
    • The most recent sale happened at this postcode is , 61 SUDBURY WAY: £120,000 (Sold on 25 Jul 2024)
    • The first recorded sale happened at this postcode is , 12 SELBORNE CLOSE: £39,500 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £53,967 median price is £56,500 Standard Deviation is £19,857 with Total Sold: 18
    • The Last 5 Year average price is £59,562 with Total Sold: 4
    • The most recent sale happened at this postcode is , 1 LINDSEY CLOSE: £45,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 25 LINDSEY CLOSE: £29,950 (Sold on 28 Jul 1995)
  • Detached
    • The average price is around £202,313 median price is £220,000 Standard Deviation is £117,164 with Total Sold: 41
    • The Last 5 Year average price is £330,808 with Total Sold: 6
    • The most recent sale happened at this postcode is , 10 KIELDER AVENUE: £430,000 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is , 23 KIELDER AVENUE: £115,000 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £2,935,000 median price is £345,000 Standard Deviation is £3,758,677 with Total Sold: 3
    • The Last 5 Year average price is £2,935,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 26 KIELDER AVENUE: £210,000 (Sold on 21 Dec 2022)
    • The first recorded sale happened at this postcode is , 54 SUDBURY WAY: £8,250,000 (Sold on 03 Jul 2020)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£136,667 £2,123 3
2023£129,828 £1,746 9
2022£161,825 £1,954 6
2021£101,667 £1,402 6
2020£94,750 £1,216 5
2019£60,000 £833 1
2018£93,350 £1,327 3
2017£96,212 £1,236 4
2016£96,400 £1,295 7
2015£80,790 £991 5
2014£91,090 £1,280 5
2013£76,500 £963 2
2012£79,000 £1,075 2
2011£95,000 £1,338 1
2010£97,750 £1,314 2
2009£154,000 £1,068 2
2008£99,9501
2007£109,309 £1,445 16
2006£113,707 £1,285 7
2005£115,500 £1,438 2
2004£93,988 £1,182 4
2003£67,659 £935 11
2002£40,990 £638 5
2001£37,433 £469 9
2000£43,3624
1999£29,8752
1998£35,690 £540 5
1997£29,482 £403 9
1996£27,750 £416 5
1995£33,375 £481 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£118,3333
2023£112,000 £1,679 3
2022£129,983 £1,864 3
2021£159,571 £2,039 7
2020£126,000 £1,527 2
2019£114,714 £1,599 7
2018£112,667 £1,742 3
2017£130,000 £1,781 1
2016£141,750 £1,758 6
2015£106,875 £1,534 8
2014£120,125 £2,134 4
2013£94,833 £1,510 6
2012£122,167 £1,352 6
2011£65,000 £942 1
2010£100,372 £1,751 8
2009£98,983 £1,271 3
2008£120,400 £1,751 5
2007£119,000 £1,417 8
2006£107,688 £1,808 17
2005£106,045 £1,625 10
2004£100,246 £1,418 15
2003£89,776 £1,061 21
2002£59,550 £741 11
2001£43,229 £607 14
2000£40,545 £534 10
1999£40,384 £548 16
1998£38,192 £538 16
1997£36,991 £506 23
1996£32,596 £444 14
1995£33,946 £520 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£45,000 £958 2
2022£95,000 £1,810 1
2021£53,250 £1,044 1
2015£57,250 £1,100 2
2011£69,975 £1,370 2
2008£65,000 £1,354 1
2005£78,000 £1,500 1
2004£64,000 £1,173 3
2002£45,000 £869 1
2000£28,750 £625 1
1998£20,000 £365 2
1995£29,9501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£430,000 £2,363 1
2022£264,9501
2021£322,475 £2,479 4
2017£428,966 £2,797 2
2016£290,000 £2,038 1
2015£247,000 £1,803 1
2014£234,950 £2,281 1
2012£207,500 £1,496 2
2010£231,500 £2,696 2
2007£295,000 £1,621 1
2006£301,650 £1,404 3
2005£275,000 £1,511 1
2004£171,750 £1,419 2
2003£95,6673
2002£245,000 £1,551 1
2001£103,500 £751 2
2000£98,990 £872 5
1998£115,000 £728 1
1997£92,925 £537 4
1996£74,000 £478 2
1995£115,000 £558 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£210,0001
2021£345,0001
2020£8,250,000 £125,000 1

House Type in NE23 8JA area

The most common house types in the NE23 8JA postcode area are Terraced (75), Detached (24), and Semi-detached (18).

Total128
Terraced75
Detached24
Semi-detached18
Flat10
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (81), and Owned: Owns outright (22).

Social rented: Other social rented81
Owned: Owns outright22
Owned: Owns with a mortgage or loan11
Social rented: Rents from council or Local Authority8
Private rented: Private landlord or letting agency5
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE23 8JA have 2 people in household (39), and 1 person in household (34).

2 people in household39
1 person in household34
4 people in household28
3 people in household21
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0