Housing Market Analysis for PETREL WAY, NE24 3QL

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £109,750 median price is £115,000 Standard Deviation is £37,829 with Total Sold: 14
- The Last 5 Year average price is £156,000 with Total Sold: 2
- The most recent sale happened at this postcode is 8 PETREL WAY: £137,000 (Sold on 24 Jan 2019)
- The first recorded sale happened at this postcode is 8 PETREL WAY: £175,000 (Sold on 13 May 2024)
Terraced
- The average price is around £78,077 median price is £95,000 Standard Deviation is £34,329 with Total Sold: 13
- The most recent sale happened at this postcode is 16 PETREL WAY: £115,000 (Sold on 26 Jan 2018)
- The first recorded sale happened at this postcode is 12 PETREL WAY: £37,500 (Sold on 26 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE24 3QL 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
2019	£137,000	£1,779	1
2017	£125,000	£1,404	1
2016	£150,000	£1,595	1
2015	£95,000	£1,357	1
2011	£110,000	£1,169	1
2007	£134,000	£1,729	2
2005	£120,000	£1,519	1
2003	£106,000	£1,325	2
2002	£60,000		1
1998	£43,500	£558	1
1997	£41,000	£532	1
2024	£175,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£115,000	£1,742	1
2017	£95,000	£1,426	1
2016	£108,500	£1,605	4
2010	£94,000	£1,411	1
2004	£97,500	£1,625	1
2001	£35,000		1
1999	£36,000	£545	1
1998	£34,500		1
1995	£37,000	£553	2

All the Sales in the PETREL WAY, NE24 3QL

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

Address	Sold Date	Price	% Change
8 PETREL WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-1975	24 Jan 2019	£137,000	234.15%
	30 Oct 1997	£41,000	-76.57%
	13 May 2024	£175,000	First Sale
16 PETREL WAYTerraced, FreeholdArea: 66 Sq.mtrAge: 1967-1975	26 Jan 2018	£115,000	219.44%
	02 Jul 1999	£36,000	-1.37%
	25 Aug 1995	£36,500	First Sale
13 PETREL WAYSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1967-1975	28 Sep 2017	£125,000	First Sale
22 PETREL WAYTerraced, FreeholdArea: 66.6 Sq.mtrAge: 1967-1975	27 Mar 2017	£95,000	-9.52%
	23 Dec 2016	£105,000	11.70%
	28 Jun 2010	£94,000	First Sale
37 PETREL WAYSemi-Detached, FreeholdArea: 94.07 Sq.mtrAge: 1976-1982	16 Dec 2016	£150,000	36.36%
	16 Dec 2011	£110,000	First Sale
14 PETREL WAYTerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	30 Nov 2016	£124,000	First Sale
24 PETREL WAYTerraced, FreeholdArea: 60 Sq.mtrAge: 1976-1982	21 Apr 2016	£95,000	-13.64%
	24 Mar 2016	£110,000	12.82%
	25 Jun 2004	£97,500	First Sale
9 PETREL WAYSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1967-1975	27 Feb 2015	£95,000	First Sale
7 PETREL WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1976-1982	20 Dec 2007	£138,000	35.29%
	15 Aug 2003	£102,000	First Sale
5 PETREL WAYSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1967-1975	02 Nov 2007	£130,000	198.85%
	26 Jun 1998	£43,500	First Sale
11 PETREL WAYSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1967-1975	14 Oct 2005	£120,000	First Sale
21 PETREL WAYSemi-Detached, Freehold	02 Jun 2003	£110,000	First Sale
23 PETREL WAYSemi-Detached, Freehold	22 Feb 2002	£60,000	First Sale
28 PETREL WAYTerraced, Freehold	25 Apr 2001	£35,000	First Sale
12 PETREL WAYTerraced, Freehold	03 Jul 1998	£34,500	-8.00%
12 PETREL WAYTerraced, Freehold	26 May 1995	£37,500	First Sale

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

PETREL WAY, NE24 3QL Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £103,397 median price is £115,000 Standard Deviation is £45,312 with Total Sold: 1,268
- The Last 5 Year average price is £150,909 with Total Sold: 165
- 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 £101,751 median price is £108,906 Standard Deviation is £46,233 with Total Sold: 718
- The Last 5 Year average price is £133,593 with Total Sold: 132
- The most recent sale happened at this postcode is , 34 AMBERLEY WAY: £112,500 (Sold on 19 Jul 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 £197,023 median price is £200,000 Standard Deviation is £55,896 with Total Sold: 613
- The Last 5 Year average price is £230,373 with Total Sold: 102
- 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 £103,386 median price is £102,100 Standard Deviation is £23,418 with Total Sold: 120
- The Last 5 Year average price is £99,129 with Total Sold: 29
- 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 , 73 SOLINGEN ESTATE: £25,000 (Sold on 24 Aug 2000)
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	£165,746	£2,313	14
2023	£167,919	£2,157	30
2022	£154,347	£2,302	29
2021	£147,202	£2,028	39
2020	£136,300	£1,898	23
2019	£139,670	£1,733	30
2018	£127,840	£1,755	58
2017	£132,080	£1,699	50
2016	£137,712	£1,792	38
2015	£136,380	£1,642	50
2014	£119,329	£1,554	53
2013	£114,019	£1,474	47
2012	£116,213	£1,568	23
2011	£126,574	£1,972	42
2010	£133,913	£1,658	28
2009	£122,388	£1,607	16
2008	£132,465	£1,772	20
2007	£133,283	£1,721	83
2006	£126,942	£1,578	59
2005	£126,897	£1,647	40
2004	£113,626	£1,517	38
2003	£91,271	£1,116	43
2002	£64,840	£900	68
2001	£53,008	£711	61
2000	£46,943	£647	46
1999	£43,782	£595	50
1998	£44,351	£590	40
1997	£43,960	£585	51
1996	£43,017	£600	55
1995	£42,355	£601	44

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£126,125		4
2023	£138,012	£1,869	21
2022	£147,355	£1,846	29
2021	£131,340	£1,743	25
2020	£135,228	£1,815	23
2019	£118,818	£1,610	30
2018	£128,282	£1,667	30
2017	£126,005	£1,653	47
2016	£120,578	£1,613	37
2015	£128,710	£1,810	38
2014	£136,524	£1,590	30
2013	£111,530	£1,304	33
2012	£117,566	£1,507	19
2011	£123,714	£1,931	11
2010	£122,159	£1,480	11
2009	£113,645	£1,837	10
2008	£125,909	£1,911	15
2007	£137,765	£1,698	34
2006	£106,189	£1,405	28
2005	£103,211	£1,528	23
2004	£94,657	£1,353	15
2003	£76,765	£1,159	24
2002	£58,355	£796	28
2001	£40,690	£606	21
2000	£38,855	£546	28
1999	£35,415	£501	31
1998	£37,769	£555	21
1997	£35,397	£538	21
1996	£34,188	£517	17
1995	£33,949	£519	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£257,556		8
2023	£241,208	£2,491	12
2022	£261,132	£2,621	19
2021	£228,597	£2,230	18
2020	£206,452	£2,025	21
2019	£213,806	£2,094	24
2018	£214,119	£2,093	52
2017	£213,393	£2,106	56
2016	£215,217	£2,041	68
2015	£200,737	£1,941	53
2014	£211,106	£1,925	40
2013	£182,410	£1,834	21
2012	£194,198	£2,304	21
2011	£182,920	£1,983	18
2010	£205,734	£1,915	27
2009	£194,272	£1,719	14
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	£171,961	£1,829	14
2003	£147,658	£1,688	6
2002	£103,000	£1,019	9
2001	£78,033	£870	12
2000	£92,250	£702	6
1999	£64,344	£688	10
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	£89,250	£1,413	4
2022	£109,375	£1,874	8
2021	£99,419	£1,721	8
2020	£94,180	£1,668	5
2019	£87,167	£1,627	3
2018	£88,833	£1,363	6
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	£88,167	£1,458	3
2011	£97,500	£1,669	6
2010	£109,975	£1,950	2
2009	£110,000	£1,964	2
2008	£113,275	£1,881	6
2007	£128,919	£2,216	29
2006	£73,000		1
2005	£71,000	£916	1
2002	£39,950	£571	1
2001	£23,000		1
2000	£25,000	£357	1

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 3QL area

The most common house types in the NE24 3QL 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 3QL 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