Housing Market Analysis for RAILWAY TERRACE, NE24 2RF

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £56,500 median price is £56,500 Standard Deviation is £23,500 with Total Sold: 2
    • The Last 5 Year average price is £33,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 RAILWAY TERRACE: £33,000 (Sold on 13 Apr 2021)
    • The first recorded sale happened at this postcode is 1 RAILWAY TERRACE: £80,000 (Sold on 21 Nov 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average NE24 2RF 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
2021£33,000 £512 1
2008£80,000 £1,481 1

All the Sales in the RAILWAY TERRACE, NE24 2RF

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

AddressSold DatePrice% Change
5 RAILWAY TERRACETerraced, LeaseholdArea: 64.5 Sq.mtrAge: 1900-192913 Apr 2021£33,000First Sale
1 RAILWAY TERRACETerraced, FreeholdArea: 54 Sq.mtrAge: before 190021 Nov 2008£80,000First Sale

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

RAILWAY TERRACE, NE24 2RF Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £60,330 median price is £54,000 Standard Deviation is £47,765 with Total Sold: 1,457
    • The Last 5 Year average price is £81,520 with Total Sold: 265
    • 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 £91,953 median price is £80,000 Standard Deviation is £49,757 with Total Sold: 600
    • The Last 5 Year average price is £128,856 with Total Sold: 134
    • 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)
  • Flat
    • The average price is around £50,172 median price is £47,000 Standard Deviation is £25,271 with Total Sold: 621
    • The Last 5 Year average price is £55,222 with Total Sold: 116
    • 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 £153,681 median price is £70,000 Standard Deviation is £266,933 with Total Sold: 65
    • The Last 5 Year average price is £110,760 with Total Sold: 42
    • 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)
  • Detached
    • The average price is around £138,098 median price is £122,000 Standard Deviation is £90,517 with Total Sold: 205
    • The Last 5 Year average price is £200,514 with Total Sold: 29
    • The most recent sale happened at this postcode is , 13 WINCHESTER AVENUE: £275,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 27 PRIORY GRANGE: £63,000 (Sold on 17 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£77,945 £788 19
2023£80,119 £860 37
2022£106,180 £1,058 50
2021£76,288 £840 69
2020£66,689 £709 42
2019£78,824 £795 48
2018£74,312 £795 33
2017£63,792 £734 32
2016£66,197 £731 39
2015£63,511 £737 35
2014£65,059 £729 40
2013£68,663 £713 30
2012£65,759 £715 21
2011£79,288 £933 24
2010£82,928 £880 23
2009£89,280 £1,036 14
2008£83,596 £956 39
2007£84,891 £960 87
2006£79,723 £921 70
2005£73,521 £865 89
2004£64,452 £778 101
2003£40,978 £500 104
2002£37,375 £368 89
2001£26,810 £279 67
2000£24,854 £257 50
1999£33,158 £315 56
1998£31,168 £305 44
1997£24,547 £297 34
1996£27,644 £295 41
1995£26,448 £282 30
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£133,481 £1,102 13
2023£121,830 £1,369 28
2022£150,270 £1,532 27
2021£126,268 £1,247 28
2020£127,962 £1,172 16
2019£112,727 £1,159 22
2018£121,972 £1,185 20
2017£102,879 £1,122 21
2016£94,040 £1,103 18
2015£101,891 £1,021 18
2014£97,248 £1,018 24
2013£89,072 £987 16
2012£88,833 £950 15
2011£88,029 £961 14
2010£100,894 £1,025 19
2009£105,461 £1,101 10
2008£104,282 £1,280 14
2007£115,931 £1,264 39
2006£101,894 £1,161 25
2005£90,542 £957 24
2004£81,820 £947 25
2003£65,643 £693 29
2002£52,834 £604 19
2001£42,734 £446 17
2000£49,350 £466 18
1999£42,325 £424 20
1998£46,293 £444 15
1997£39,078 £352 18
1996£31,189 £393 9
1995£36,239 £395 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£49,6505
2023£54,134 £920 28
2022£60,082 £1,099 20
2021£61,017 £968 27
2020£64,320 £797 15
2019£39,424 £689 21
2018£48,156 £766 25
2017£51,336 £883 14
2016£51,138 £812 16
2015£38,162 £739 17
2014£50,813 £745 23
2013£47,359 £743 11
2012£68,786 £927 7
2011£64,111 £1,024 9
2010£76,412 £1,092 12
2009£72,075 £1,122 20
2008£63,521 £1,144 24
2007£71,529 £1,210 24
2006£65,876 £1,069 47
2005£62,135 £1,012 41
2004£56,146 £995 43
2003£34,611 £583 33
2002£29,684 £459 31
2001£24,935 £415 20
2000£32,563 £452 15
1999£26,052 £440 22
1998£24,746 £493 13
1997£27,385 £449 10
1996£30,812 £463 8
1995£24,564 £415 20
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£50,0001
2023£87,125 £1,106 8
2022£87,386 £751 11
2021£140,565 £949 10
2020£145,750 £776 8
2019£93,000 £502 4
2018£532,768 £728 5
2017£125,085 £926 12
2016£202,625 £871 4
2015£212,000 £1,277 1
2014£150,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£163,5002
2023£224,083 £1,770 6
2022£124,975 £1,877 2
2021£217,167 £1,627 9
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£154,750 £1,177 6
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£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£65,345 £603 8
1999£56,674 £599 8
1998£57,491 £577 6
1997£58,143 £411 7
1996£60,408 £630 6
1995£68,150 £539 6

House Type in NE24 2RF area

The most common house types in the NE24 2RF postcode area are Terraced (46), Flat (30), and Shared house (10).

Total92
Terraced46
Flat30
Shared house10
Detached3
converted building3
Semi-detached0
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 (36), and Owned: Owns with a mortgage or loan (16).

Private rented: Private landlord or letting agency36
Owned: Owns with a mortgage or loan16
Owned: Owns outright15
Social rented: Rents from council or Local Authority13
Social rented: Other social rented10
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 2RF have 1 person in household (52), and 2 people in household (26).

1 person in household52
2 people in household26
3 people in household7
4 people in household7
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0