Housing Market Analysis for RAILWAY TERRACE, NE24 2LD

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £33,228 median price is £30,000 Standard Deviation is £7,591 with Total Sold: 9
    • The Last 5 Year average price is £30,592 with Total Sold: 6
    • The most recent sale happened at this postcode is 9 RAILWAY TERRACE: £30,000 (Sold on 29 Jun 2023)
    • The first recorded sale happened at this postcode is 9 RAILWAY TERRACE: £24,000 (Sold on 15 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE24 2LD 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£30,000 £734 2
2022£31,000 £620 1
2021£29,050 £711 1
2020£33,500 £819 1
2019£30,000 £600 1
2007£45,750 £1,119 2
2003£24,000 £587 1

All the Sales in the RAILWAY TERRACE, NE24 2LD

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

AddressSold DatePrice% Change
9 RAILWAY TERRACEFlat, LeaseholdArea: 40.88 Sq.mtrAge: 1900-192929 Jun 2023£30,0000.0
29 Jun 2023£30,0003.27%
26 Nov 2021£29,050-13.28%
21 Dec 2020£33,500-34.95%
16 Feb 2007£51,50028.75%
16 Jan 2007£40,00066.67%
15 Jul 2003£24,000First Sale
13 RAILWAY TERRACEFlat, LeaseholdArea: 50 Sq.mtrAge: 1900-192906 May 2022£31,0003.33%
28 Jun 2019£30,000First Sale

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

RAILWAY TERRACE, NE24 2LD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £65,614 median price is £59,950 Standard Deviation is £52,015 with Total Sold: 1,103
    • The Last 5 Year average price is £89,509 with Total Sold: 207
    • 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 , 15 WHITHORN COURT: £58,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £94,357 median price is £85,000 Standard Deviation is £50,689 with Total Sold: 567
    • The Last 5 Year average price is £129,694 with Total Sold: 132
    • 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)
  • Detached
    • The average price is around £139,547 median price is £123,999 Standard Deviation is £90,737 with Total Sold: 205
    • The Last 5 Year average price is £200,479 with Total Sold: 31
    • 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 £52,412 median price is £50,000 Standard Deviation is £23,924 with Total Sold: 558
    • The Last 5 Year average price is £57,127 with Total Sold: 105
    • 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)
  • Other
    • The average price is around £162,155 median price is £75,000 Standard Deviation is £290,145 with Total Sold: 44
    • The Last 5 Year average price is £112,483 with Total Sold: 24
    • The most recent sale happened at this postcode is , 11A NEWSHAM ROAD: £50,000 (Sold on 15 Apr 2024)
    • The first recorded sale happened at this postcode is , MARLOW LODGE, 2 MARLOW STREET: £150,000 (Sold on 16 Dec 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£87,318 £832 14
2023£89,664 £961 29
2022£114,200 £1,139 40
2021£84,479 £896 51
2020£73,384 £755 30
2019£84,366 £832 43
2018£78,562 £844 29
2017£73,696 £858 25
2016£70,531 £762 32
2015£65,480 £769 32
2014£69,859 £789 29
2013£74,657 £788 22
2012£74,641 £812 16
2011£83,768 £988 22
2010£86,491 £909 18
2009£92,110 £1,048 13
2008£93,310 £979 25
2007£92,469 £1,020 61
2006£84,638 £931 55
2005£81,335 £899 61
2004£67,489 £763 78
2003£45,384 £521 69
2002£41,476 £401 63
2001£29,146 £302 54
2000£25,786 £252 32
1999£35,593 £330 47
1998£30,291 £332 32
1997£25,793 £326 26
1996£29,292 £312 30
1995£28,856 £297 25
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,021 £1,102 12
2023£125,188 £1,378 28
2022£150,460 £1,534 26
2021£122,931 £1,250 29
2020£123,678 £1,197 18
2019£120,579 £1,189 19
2018£134,700 £1,223 16
2017£106,050 £1,137 19
2016£94,454 £1,093 17
2015£109,678 £1,048 19
2014£104,510 £1,053 20
2013£94,605 £953 11
2012£87,615 £925 13
2011£88,243 £959 14
2010£101,777 £1,014 18
2009£107,234 £1,065 9
2008£116,154 £1,296 13
2007£117,645 £1,261 40
2006£107,861 £1,177 22
2005£96,836 £996 21
2004£88,379 £950 21
2003£67,506 £694 27
2002£57,947 £643 19
2001£44,032 £429 15
2000£50,069 £485 18
1999£41,398 £435 21
1998£46,560 £447 15
1997£38,788 £352 17
1996£31,189 £393 9
1995£35,576 £395 21
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£207,3333
2023£224,083 £1,770 6
2022£124,975 £1,877 2
2021£205,945 £1,571 10
2020£162,000 £1,886 3
2019£207,564 £1,786 7
2018£222,500 £1,719 5
2017£215,744 £1,645 8
2016£200,408 £1,719 6
2015£178,792 £1,915 17
2014£133,658 £1,124 6
2013£142,793 £1,100 7
2012£129,300 £1,405 5
2011£120,000 £1,807 1
2010£131,667 £1,297 3
2009£158,500 £1,334 2
2008£262,667 £1,450 3
2007£180,325 £1,563 6
2006£182,992 £1,660 6
2005£132,056 £1,368 8
2004£155,273 £2,421 11
2003£149,625 £2,842 8
2002£95,127 £1,155 15
2001£70,286 £624 18
2000£65,345 £603 8
1999£56,674 £599 8
1998£57,491 £577 6
1997£63,600 £411 5
1996£60,408 £630 6
1995£68,150 £539 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£53,1254
2023£58,641 £977 23
2022£67,400 £1,166 16
2021£64,152 £1,041 26
2020£54,129 £852 14
2019£42,405 £737 22
2018£51,596 £799 20
2017£62,933 £1,091 12
2016£54,161 £843 14
2015£44,661 £874 14
2014£56,580 £818 22
2013£52,991 £804 11
2012£68,188 £936 8
2011£64,111 £1,024 9
2010£75,494 £1,203 8
2009£72,861 £1,120 18
2008£68,725 £1,213 20
2007£75,605 £1,267 21
2006£70,882 £1,138 41
2005£65,715 £1,075 35
2004£62,645 £1,132 33
2003£39,023 £643 26
2002£29,248 £459 29
2001£27,456 £440 18
2000£33,622 £478 16
1999£26,769 £442 21
1998£25,836 £481 14
1997£26,623 £441 11
1996£31,195 £509 10
1995£25,104 £431 22
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£50,0001
2023£167,333 £1,941 3
2022£78,492 £946 6
2021£152,831 £1,027 8
2020£73,750 £958 4
2019£79,500 £365 2
2018£830,571 £1,120 3
2017£70,091 £1,010 11
2016£202,625 £871 4
2015£212,000 £1,277 1
2014£150,0001

House Type in NE24 2LD area

The most common house types in the NE24 2LD 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 2LD 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