Housing Market Analysis for CORMORANT CLOSE, NE24 3PY

Are you looking to understand NE24 3PY 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 3PY area, explore the NE24 3PY Area information page.
For comprehensive crime statistics in the NE24 3PY area, explore the NE24 3PY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE24 3PY postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £85,633 median price is £60,750 Standard Deviation is £44,880 with Total Sold: 24
- The Last 5 Year average price is £177,097 with Total Sold: 2
- The most recent sale happened at this postcode is 2 CORMORANT CLOSE: £189,194 (Sold on 23 Oct 2023)
- The first recorded sale happened at this postcode is 16 CORMORANT CLOSE: £165,000 (Sold on 02 Sep 2024)
Detached
- The average price is around £128,875 median price is £132,500 Standard Deviation is £11,316 with Total Sold: 4
- The most recent sale happened at this postcode is 12 CORMORANT CLOSE: £129,000 (Sold on 31 May 2018)
- The first recorded sale happened at this postcode is 12 CORMORANT CLOSE: £110,500 (Sold on 17 Feb 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE24 3PY 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£189,194	£2,523	1
2018	£57,000		1
2015	£122,500	£1,531	1
2014	£118,500	£1,411	1
2010	£140,000	£1,609	1
2006	£129,950	£1,645	1
2005	£154,000	£1,621	1
2004	£30,000	£357	1
2003	£105,650	£1,265	3
2002	£61,815	£789	3
2001	£55,417	£657	3
2000	£47,750		2
1999	£37,500		1
1996	£47,500		1
1995	£49,950	£575	2
2024	£165,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£134,500	£1,868	2
2006	£136,000	£1,889	1
2004	£110,500	£1,535	1

All the Sales in the CORMORANT CLOSE, NE24 3PY

See the table below for more details on the sold house prices in the NE24 3PY, Northumberland postcode.

Address	Sold Date	Price	% Change
2 CORMORANT CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-1975	23 Oct 2023	£189,194	226.20%
	12 Mar 2001	£58,000	First Sale
9 CORMORANT CLOSESemi-Detached, Freehold	08 Jun 2018	£57,000	-0.44%
	30 Nov 2001	£57,250	20.53%
	20 Apr 2000	£47,500	0.0
	24 May 1996	£47,500	First Sale
12 CORMORANT CLOSEDetached, FreeholdArea: 72 Sq.mtrAge: 1967-1975	31 May 2018	£129,000	-7.86%
	31 May 2018	£140,000	2.94%
	24 Nov 2006	£136,000	23.08%
	17 Feb 2004	£110,500	First Sale
20 CORMORANT CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-1975	19 Jun 2015	£122,500	First Sale
3 CORMORANT CLOSESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1967-1975	31 Jan 2014	£118,500	First Sale
16 CORMORANT CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1967-1975	29 Jan 2010	£140,000	174.51%
	26 Jan 2001	£51,000	-69.09%
	02 Sep 2024	£165,000	First Sale
4 CORMORANT CLOSESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1967-1975	01 Feb 2006	£129,950	30.02%
	11 Jul 2003	£99,950	53.78%
	30 Aug 2002	£64,995	41.45%
	24 May 1995	£45,950	First Sale
14 CORMORANT CLOSESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1976-1982	04 Nov 2005	£154,000	185.45%
	23 Jun 1995	£53,950	First Sale
7 CORMORANT CLOSESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1976-1982	15 Oct 2004	£30,000	-52.76%
	10 May 2002	£63,500	First Sale
30 CORMORANT CLOSESemi-Detached, Freehold	21 Nov 2003	£122,500	First Sale
6 CORMORANT CLOSESemi-Detached, Freehold	14 May 2003	£94,500	65.94%
6 CORMORANT CLOSESemi-Detached, Freehold	22 Mar 2002	£56,950	First Sale
5 CORMORANT CLOSESemi-Detached, Freehold	14 Dec 2000	£48,000	28.00%
5 CORMORANT CLOSESemi-Detached, Freehold	09 Jun 1999	£37,500	First Sale

Check out the sold house prices near the NE24 3PY postcode. Properties currently for saleProperties currently for rent

CORMORANT CLOSE, NE24 3PY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE24 3PY 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 3PY postcode.

Semi-Detached
- The average price is around £104,144 median price is £117,000 Standard Deviation is £45,843 with Total Sold: 1,029
- The Last 5 Year average price is £152,602 with Total Sold: 136
- The most recent sale happened at this postcode is , 16 CORMORANT CLOSE: £165,000 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is , 11 DUNKELD CLOSE: £17,500 (Sold on 26 Jan 1995)
Terraced
- The average price is around £105,139 median price is £112,000 Standard Deviation is £46,648 with Total Sold: 583
- The Last 5 Year average price is £133,972 with Total Sold: 106
- The most recent sale happened at this postcode is , 60 TEAL AVENUE: £133,000 (Sold on 12 Jun 2024)
- The first recorded sale happened at this postcode is , 48 EIDER CLOSE: £35,500 (Sold on 27 Jan 1995)
Detached
- The average price is around £198,551 median price is £200,000 Standard Deviation is £54,754 with Total Sold: 589
- The Last 5 Year average price is £230,657 with Total Sold: 99
- The most recent sale happened at this postcode is , 20 DUNBLANE DRIVE: £347,500 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 3 AVOCET CLOSE: £62,000 (Sold on 12 Jan 1995)
Flat
- The average price is around £107,978 median price is £105,000 Standard Deviation is £18,224 with Total Sold: 109
- The Last 5 Year average price is £103,183 with Total Sold: 26
- The most recent sale happened at this postcode is , 11 TAKU COURT: £115,000 (Sold on 12 Apr 2024)
- The first recorded sale happened at this postcode is , 5 VIKING COURT: £120,950 (Sold on 19 Mar 2007)
Other
- The average price is around £82,433 median price is £13,000 Standard Deviation is £93,472 with Total Sold: 7
- The Last 5 Year average price is £106,500 with Total Sold: 2
- The most recent sale happened at this postcode is , LINK HOUSE FARM COTTAGE LINKS ROAD: £200,000 (Sold on 11 Apr 2022)
- The first recorded sale happened at this postcode is , 43 MALLARD WAY: £125,000 (Sold on 18 Jun 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£169,042	£2,313	12
2023	£169,519	£2,183	29
2022	£160,048	£2,328	22
2021	£149,327	£2,067	29
2020	£136,300	£1,898	23
2019	£134,421	£1,723	21
2018	£126,769	£1,764	44
2017	£132,456	£1,693	44
2016	£137,769	£1,806	34
2015	£137,362	£1,659	43
2014	£118,745	£1,527	43
2013	£111,910	£1,489	40
2012	£120,438	£1,551	16
2011	£128,508	£2,053	36
2010	£135,233	£1,655	24
2009	£121,729	£1,616	14
2008	£137,217	£1,706	12
2007	£134,157	£1,773	64
2006	£126,967	£1,602	43
2005	£127,827	£1,667	35
2004	£113,010	£1,467	31
2003	£91,706	£1,119	35
2002	£65,068	£912	56
2001	£53,042	£717	52
2000	£47,269	£661	37
1999	£43,912	£616	38
1998	£44,644	£582	34
1997	£44,294	£612	39
1996	£43,710	£606	44
1995	£41,746	£626	35

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£130,667		3
2023	£142,181	£1,939	18
2022	£146,813	£1,843	25
2021	£129,972	£1,729	18
2020	£137,032	£1,909	14
2019	£118,627	£1,615	28
2018	£131,173	£1,702	26
2017	£127,286	£1,679	41
2016	£120,605	£1,637	32
2015	£130,470	£1,861	34
2014	£136,524	£1,590	30
2013	£114,304	£1,289	28
2012	£120,391	£1,546	16
2011	£126,585	£1,978	10
2010	£122,075	£1,487	10
2009	£114,939	£1,851	9
2008	£133,818	£2,130	13
2007	£143,207	£1,781	29
2006	£105,092	£1,419	20
2005	£106,323	£1,544	15
2004	£93,079	£1,337	12
2003	£77,403	£1,151	16
2002	£56,429	£818	21
2001	£40,845	£606	19
2000	£38,954	£545	23
1999	£35,389	£502	19
1998	£38,259	£558	16
1997	£36,296	£558	15
1996	£34,288	£539	12
1995	£34,950	£562	11

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£257,556		8
2023	£241,208	£2,491	12
2022	£265,639	£2,610	18
2021	£221,456	£2,270	17
2020	£206,452	£2,025	21
2019	£217,320	£2,095	23
2018	£213,946	£2,075	46
2017	£213,910	£2,118	55
2016	£215,217	£2,041	68
2015	£200,737	£1,941	53
2014	£211,106	£1,925	40
2013	£186,611	£1,838	19
2012	£194,198	£2,304	21
2011	£184,091	£2,004	17
2010	£205,734	£1,915	27
2009	£195,369	£1,738	13
2008	£213,704	£1,957	11
2007	£217,940	£2,013	35
2006	£195,395	£2,243	11
2005	£181,232	£1,600	6
2004	£170,405	£2,017	11
2003	£150,190	£1,688	5
2002	£103,000	£1,019	9
2001	£80,383	£941	9
2000	£107,375	£684	4
1999	£65,383	£677	9
1998	£71,336	£680	7
1997	£65,000	£550	7
1996	£68,180	£916	5
1995	£67,250	£507	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£115,000	£920	1
2023	£102,333	£1,762	3
2022	£109,375	£1,874	8
2021	£103,050	£1,832	7
2020	£100,725	£1,810	4
2019	£87,167	£1,627	3
2018	£89,600	£1,396	5
2017	£97,690	£1,648	5
2016	£96,329	£1,549	9
2015	£93,293	£1,582	3
2014	£104,167		3
2013	£92,590	£1,361	12
2012	£106,250	£1,852	2
2011	£97,500	£1,669	6
2010	£109,975	£1,950	2
2009	£110,000	£1,964	2
2008	£120,780	£2,084	5
2007	£128,919	£2,216	29

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£200,000		1
2019	£13,000	£57	1
2018	£2,140		2
2017	£4,750	£48	1
2016	£230,000		1
2015	£125,000	£1,388	1

House Type in NE24 3PY area

The most common house types in the NE24 3PY postcode area are Semi-detached (97), Terraced (12), and Detached (8).

Total	117
Semi-detached	97
Terraced	12
Detached	8
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 (67), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright	67
Owned: Owns with a mortgage or loan	34
Private rented: Private landlord or letting agency	10
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE24 3PY have 2 people in household (55), and 1 person in household (23).

2 people in household	55
1 person in household	23
3 people in household	21
4 people in household	16
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0