Housing Market Analysis for OTUS GROVE, NE24 3RY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £212,969 median price is £212,475 Standard Deviation is £26,833 with Total Sold: 8
    • The most recent sale happened at this postcode is 1 OTUS GROVE: £229,000 (Sold on 01 Feb 2018)
    • The first recorded sale happened at this postcode is 7 OTUS GROVE: £199,950 (Sold on 29 May 2007)
  • Semi-Detached
    • The average price is around £219,950 median price is £219,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 OTUS GROVE: £219,950 (Sold on 03 Aug 2007)
    • The first recorded sale happened at this postcode is 6 OTUS GROVE: £219,950 (Sold on 03 Aug 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average NE24 3RY 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£229,000 £1,762 1
2014£200,000 £1,905 1
2012£170,000 £1,977 1
2008£184,950 £2,151 1
2007£229,950 £1,959 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£219,950 £2,256 1

All the Sales in the OTUS GROVE, NE24 3RY

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

AddressSold DatePrice% Change
1 OTUS GROVEDetached, FreeholdArea: 130 Sq.mtrAge: 2003-200601 Feb 2018£229,000-6.51%
29 May 2007£244,950First Sale
4 OTUS GROVEDetached, FreeholdArea: 105 Sq.mtrAge: 2007 onwards11 Jul 2014£200,000-11.09%
24 Aug 2007£224,950First Sale
2 OTUS GROVEDetached, FreeholdArea: 85.99 Sq.mtrAge: 2003-200601 Aug 2012£170,000-8.08%
24 Jun 2008£184,950First Sale
6 OTUS GROVESemi-Detached, FreeholdArea: 97.5 Sq.mtrAge: 2007 onwards03 Aug 2007£219,950First Sale
3 OTUS GROVEDetached, Freehold28 Jun 2007£249,950First Sale
7 OTUS GROVEDetached, FreeholdArea: 108 Sq.mtrAge: 2003-200629 May 2007£199,950First Sale

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

OTUS GROVE, NE24 3RY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £108,774 median price is £121,500 Standard Deviation is £47,045 with Total Sold: 628
    • The Last 5 Year average price is £159,352 with Total Sold: 76
    • 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 , 58 MALLARD WAY: £52,000 (Sold on 28 Apr 1995)
  • Terraced
    • The average price is around £109,142 median price is £115,000 Standard Deviation is £47,791 with Total Sold: 491
    • The Last 5 Year average price is £136,679 with Total Sold: 92
    • 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 £204,777 median price is £204,950 Standard Deviation is £46,380 with Total Sold: 457
    • The Last 5 Year average price is £222,023 with Total Sold: 68
    • The most recent sale happened at this postcode is , 3 TRIDENT DRIVE: £255,000 (Sold on 06 Jun 2024)
    • The first recorded sale happened at this postcode is , 48 KINGFISHER WAY: £50,450 (Sold on 26 Jul 1996)
  • Flat
    • The average price is around £107,633 median price is £105,000 Standard Deviation is £18,495 with Total Sold: 110
    • 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 £95,380 median price is £69,000 Standard Deviation is £94,973 with Total Sold: 6
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£174,5628
2023£171,937 £2,151 19
2022£165,524 £2,309 13
2021£161,545 £2,087 11
2020£139,496 £1,710 12
2019£141,900 £1,755 13
2018£132,351 £1,802 35
2017£134,003 £1,690 37
2016£143,096 £1,834 23
2015£141,383 £1,627 29
2014£119,061 £1,418 30
2013£109,994 £1,436 26
2012£116,357 £1,405 7
2011£133,142 £2,201 25
2010£139,624 £1,672 17
2009£133,689 £1,635 9
2008£145,700 £1,758 8
2007£139,300 £1,767 37
2006£125,958 £1,457 24
2005£125,342 £1,546 19
2004£113,400 £1,507 16
2003£91,743 £1,068 22
2002£66,345 £900 31
2001£53,257 £716 35
2000£47,811 £745 22
1999£45,433 £608 21
1998£46,179 £588 19
1997£45,120 £621 22
1996£44,610 £609 25
1995£45,950 £634 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,6673
2023£143,283 £1,924 15
2022£147,413 £1,842 25
2021£130,143 £1,675 14
2020£142,550 £1,923 15
2019£119,380 £1,680 20
2018£131,295 £1,714 27
2017£129,711 £1,688 39
2016£123,763 £1,632 28
2015£133,564 £1,844 31
2014£141,286 £1,590 27
2013£115,019 £1,280 27
2012£123,027 £1,606 11
2011£130,656 £2,067 9
2010£124,964 £1,421 7
2009£119,993 £1,883 7
2008£133,818 £2,130 13
2007£150,743 £1,811 23
2006£103,886 £1,341 14
2005£104,714 £1,492 11
2004£92,571 £1,383 7
2003£78,612 £1,100 13
2002£53,759 £809 16
2001£40,829 £578 14
2000£38,239 £536 19
1999£35,656 £496 16
1998£37,720 £579 12
1997£34,781 £501 8
1996£34,250 £513 10
1995£35,545 £562 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£252,0004
2023£233,750 £2,474 6
2022£255,250 £2,568 10
2021£220,410 £2,255 14
2020£201,694 £2,006 18
2019£213,647 £2,141 16
2018£209,723 £2,100 48
2017£213,797 £2,122 54
2016£216,244 £2,029 61
2015£198,118 £1,935 47
2014£210,736 £1,934 37
2013£190,016 £1,724 13
2012£197,561 £2,329 19
2011£185,300 £2,144 12
2010£207,392 £1,926 25
2009£194,073 £1,812 11
2008£224,958 £2,191 6
2007£218,713 £2,030 30
2006£180,975 £1,951 4
2005£119,9951
2004£171,362 £1,236 4
2003£146,975 £1,489 2
2002£85,000 £825 2
2001£71,667 £746 3
2000£182,500 £649 1
1999£59,000 £660 3
1998£48,0001
1997£56,500 £664 3
1996£55,2002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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£87,470 £1,433 4
2014£104,1673
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£200,0001
2019£13,000 £57 1
2018£2,1402
2016£230,0001
2015£125,000 £1,388 1

House Type in NE24 3RY area

The most common house types in the NE24 3RY postcode area are Detached (58), Flat (36), and Semi-detached (28).

Total141
Detached58
Flat36
Semi-detached28
Terraced18
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (71), and Owned: Owns outright (32).

Owned: Owns with a mortgage or loan71
Owned: Owns outright32
Private rented: Private landlord or letting agency30
Private rented: Other private rented6
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership2
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE24 3RY have 1 person in household (42), and 2 people in household (42).

1 person in household42
2 people in household42
4 people in household32
3 people in household21
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0