Housing Market Analysis for CHANCERY LANE, NE24 2LB

Are you looking to understand NE24 2LB 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 NE24 2LB area, explore the NE24 2LB Area information page.
For comprehensive crime statistics in the NE24 2LB area, explore the NE24 2LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE24 2LB postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £37,833 median price is £35,000 Standard Deviation is £23,154 with Total Sold: 9
    • The Last 5 Year average price is £56,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 CHANCERY LANE: £50,000 (Sold on 19 Apr 2022)
    • The first recorded sale happened at this postcode is 3 CHANCERY LANE: £14,000 (Sold on 14 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE24 2LB 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
2022£50,000 £758 1
2019£62,000 £646 1
2017£80,000 £879 1
2013£51,500 £566 1
2002£30,000 £321 2
2001£11,000 £164 1
1999£12,000 £182 1
1995£14,000 £209 1

All the Sales in the CHANCERY LANE, NE24 2LB

See the table below for more details on the sold house prices in the NE24 2LB, Northumberland postcode.

AddressSold DatePrice% Change
3 CHANCERY LANETerraced, FreeholdArea: 66 Sq.mtrAge: 1900-192919 Apr 2022£50,000354.55%
08 Nov 2001£11,000-8.33%
03 Feb 1999£12,000-14.29%
14 Jul 1995£14,000First Sale
5 CHANCERY LANETerraced, FreeholdArea: 96 Sq.mtrAge: 1900-192915 Nov 2019£62,000First Sale
10 CHANCERY LANETerraced, FreeholdArea: 91 Sq.mtrAge: before 190015 Sep 2017£80,00055.34%
01 May 2013£51,50047.14%
20 Dec 2002£35,000First Sale
7 CHANCERY LANETerraced, FreeholdArea: 97 Sq.mtrAge: 1900-192911 Jan 2002£25,000First Sale

Check out the sold house prices near the NE24 2LB postcode. Properties currently for saleProperties currently for rent

CHANCERY LANE, NE24 2LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE24 2LB 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 NE24 2LB postcode.

  • Terraced
    • The average price is around £62,400 median price is £55,000 Standard Deviation is £48,231 with Total Sold: 1,674
    • The Last 5 Year average price is £84,677 with Total Sold: 299
    • The most recent sale happened at this postcode is , 12 HARPER STREET: £90,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 28 BROADWAY CIRCLE: £65,500 (Sold on 29 Jan 1995)
  • Semi-Detached
    • The average price is around £94,028 median price is £83,050 Standard Deviation is £50,985 with Total Sold: 558
    • The Last 5 Year average price is £130,281 with Total Sold: 127
    • The most recent sale happened at this postcode is , 40 CYPRESS GARDENS: £240,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 15 EDWARD STREET: £19,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £154,983 median price is £75,000 Standard Deviation is £242,408 with Total Sold: 85
    • The Last 5 Year average price is £126,027 with Total Sold: 52
    • The most recent sale happened at this postcode is , 38 REGENT STREET: £190,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 47 - 71 WATERLOO ROAD: £400,000 (Sold on 29 Aug 2014)
  • Detached
    • The average price is around £140,371 median price is £120,000 Standard Deviation is £93,307 with Total Sold: 200
    • The Last 5 Year average price is £208,652 with Total Sold: 29
    • The most recent sale happened at this postcode is , 53 KINGSWAY: £295,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 27 PRIORY GRANGE: £63,000 (Sold on 17 Mar 1995)
  • Flat
    • The average price is around £51,385 median price is £48,000 Standard Deviation is £26,353 with Total Sold: 722
    • The Last 5 Year average price is £56,476 with Total Sold: 132
    • The most recent sale happened at this postcode is , 20 REGENT COURT: £50,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is , 145 GLADSTONE STREET: £15,830 (Sold on 03 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£81,022 £788 20
2023£79,498 £837 40
2022£109,679 £1,042 55
2021£80,650 £847 79
2020£72,465 £735 48
2019£81,334 £782 57
2018£74,817 £778 42
2017£71,746 £770 42
2016£76,048 £744 45
2015£69,607 £733 43
2014£70,647 £737 46
2013£69,888 £708 32
2012£68,157 £712 25
2011£75,407 £844 28
2010£80,321 £852 26
2009£83,796 £920 20
2008£83,161 £917 45
2007£85,085 £957 92
2006£82,902 £887 81
2005£75,453 £846 99
2004£66,314 £777 118
2003£42,533 £498 119
2002£39,675 £368 107
2001£28,000 £286 71
2000£24,476 £254 56
1999£33,222 £322 60
1998£30,318 £286 50
1997£25,740 £283 45
1996£30,933 £290 46
1995£31,551 £294 37
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£133,481 £1,102 13
2023£124,450 £1,380 25
2022£153,592 £1,560 25
2021£127,321 £1,248 28
2020£122,900 £1,090 16
2019£116,400 £1,169 20
2018£130,900 £1,205 18
2017£106,803 £1,147 18
2016£95,160 £1,104 17
2015£105,224 £1,032 18
2014£98,861 £1,025 22
2013£98,815 £1,011 10
2012£92,429 £938 14
2011£90,415 £967 13
2010£101,264 £1,000 17
2009£118,087 £1,208 7
2008£114,265 £1,280 13
2007£115,149 £1,252 39
2006£102,856 £1,160 25
2005£94,093 £973 22
2004£85,167 £972 21
2003£65,915 £686 27
2002£57,178 £651 16
2001£44,965 £462 15
2000£52,350 £439 16
1999£42,325 £424 20
1998£48,693 £471 15
1997£39,078 £352 18
1996£31,338 £424 8
1995£36,684 £406 22
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,0002
2023£131,591 £1,312 11
2022£108,438 £751 12
2021£146,281 £987 13
2020£135,556 £841 9
2019£88,600 £569 5
2018£328,315 £669 9
2017£121,126 £1,010 16
2016£202,625 £871 4
2015£183,386 £1,277 2
2014£275,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£207,3333
2023£235,900 £1,558 5
2022£124,975 £1,877 2
2021£217,167 £1,627 9
2020£197,333 £1,546 3
2019£207,564 £1,786 7
2018£340,000 £1,727 2
2017£215,744 £1,645 8
2016£200,408 £1,719 6
2015£189,563 £1,841 16
2014£133,658 £1,124 6
2013£154,750 £1,177 6
2012£127,250 £1,285 4
2011£235,000 £818 1
2010£131,667 £1,297 3
2009£158,500 £1,334 2
2008£342,500 £1,450 2
2007£180,325 £1,563 6
2006£173,993 £1,660 7
2005£132,056 £1,368 8
2004£155,273 £2,421 11
2003£149,625 £2,842 8
2002£93,431 £1,155 16
2001£70,286 £624 18
2000£65,544 £603 7
1999£56,674 £599 8
1998£56,921 £499 7
1997£58,143 £411 7
1996£60,408 £630 6
1995£68,150 £539 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£49,6505
2023£55,125 £950 30
2022£62,794 £1,138 26
2021£61,082 £978 30
2020£62,489 £830 18
2019£41,865 £726 23
2018£48,156 £766 25
2017£52,894 £889 17
2016£51,718 £824 17
2015£39,323 £747 22
2014£52,080 £772 28
2013£49,739 £817 14
2012£62,470 £836 10
2011£64,111 £1,024 9
2010£76,412 £1,092 12
2009£71,800 £1,135 20
2008£63,980 £1,151 25
2007£71,582 £1,245 30
2006£77,333 £1,345 65
2005£61,965 £1,016 43
2004£56,626 £992 50
2003£35,514 £597 37
2002£29,733 £465 33
2001£24,128 £403 25
2000£32,144 £457 17
1999£26,180 £442 23
1998£24,780 £481 15
1997£26,204 £434 14
1996£29,211 £490 14
1995£24,975 £429 25

House Type in NE24 2LB area

The most common house types in the NE24 2LB postcode area are Terraced (84), Flat (32), and Shared house (17).

Total138
Terraced84
Flat32
Shared house17
Semi-detached5
Detached0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (60), and Owned: Owns with a mortgage or loan (36).

Private rented: Private landlord or letting agency60
Owned: Owns with a mortgage or loan36
Owned: Owns outright31
Social rented: Other social rented5
Social rented: Rents from council or Local Authority2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE24 2LB have 1 person in household (69), and 2 people in household (39).

1 person in household69
2 people in household39
3 people in household18
4 people in household7
6 people in household3
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0