Housing Market Analysis for MEDWYN CLOSE, NE24 3SZ

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

Overview of Sold House prices

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

Detached
- The average price is around £136,678 median price is £155,000 Standard Deviation is £56,285 with Total Sold: 27
- The Last 5 Year average price is £237,500 with Total Sold: 2
- The most recent sale happened at this postcode is 5 MEDWYN CLOSE: £260,000 (Sold on 09 Apr 2021)
- The first recorded sale happened at this postcode is 1 MEDWYN CLOSE: £58,000 (Sold on 18 Nov 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE24 3SZ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£260,000	£2,181	1
2019	£215,000	£2,233	1
2017	£164,950	£1,874	1
2014	£184,000	£1,543	1
2010	£176,738	£2,426	4
2007	£186,750	£1,966	2
2006	£172,000	£2,908	2
2005	£181,000	£2,472	2
2002	£106,500	£1,080	2
2000	£84,750	£823	6
1999	£73,950	£1,057	2
1998	£70,167	£927	3

All the Sales in the MEDWYN CLOSE, NE24 3SZ

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

Address	Sold Date	Price	% Change
5 MEDWYN CLOSEDetached, FreeholdArea: 119.22 Sq.mtrAge: 1996-2002	09 Apr 2021	£260,000	41.30%
	27 Jun 2014	£184,000	114.58%
	29 Sep 2000	£85,750	First Sale
2 MEDWYN CLOSEDetached, FreeholdArea: 96.3 Sq.mtrAge: 1996-2002	29 Mar 2019	£215,000	10.26%
	24 Sep 2010	£195,000	87.50%
	28 Feb 2002	£104,000	30.82%
	27 Nov 1998	£79,500	First Sale
7 MEDWYN CLOSEDetached, FreeholdArea: 88 Sq.mtrAge: 1996-2002	02 Jun 2017	£164,950	-4.65%
	09 Mar 2007	£173,000	141.11%
	28 Jul 2000	£71,750	First Sale
1 MEDWYN CLOSEDetached, FreeholdArea: 56.4 Sq.mtrAge: 1996-2002	10 Dec 2010	£155,000	167.24%
	18 Nov 1998	£58,000	First Sale
3 MEDWYN CLOSEDetached, FreeholdArea: 96.45 Sq.mtrAge: 1996-2002	15 Oct 2010	£195,000	-4.88%
	15 Dec 2005	£205,000	120.43%
	31 Mar 2000	£93,000	First Sale
9 MEDWYN CLOSEDetached, FreeholdArea: 55.7 Sq.mtrAge: 1996-2002	12 Aug 2010	£161,950	-0.03%
	04 May 2006	£162,000	3.18%
	18 Mar 2005	£157,000	166.55%
	29 Jun 1999	£58,900	First Sale
11 MEDWYN CLOSEDetached, Freehold	21 May 2007	£200,500	125.28%
11 MEDWYN CLOSEDetached, Freehold	28 Jun 1999	£89,000	First Sale
10 MEDWYN CLOSEDetached, Freehold	03 Mar 2006	£182,000	66.97%
	11 Oct 2002	£109,000	49.32%
	27 Nov 1998	£73,000	First Sale
6 MEDWYN CLOSEDetached, FreeholdArea: 118 Sq.mtrAge: 1996-2002	29 Sep 2000	£93,750	First Sale
4 MEDWYN CLOSEDetached, Freehold	14 Sep 2000	£85,750	First Sale
8 MEDWYN CLOSEDetached, Freehold	31 Jul 2000	£78,500	First Sale

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

MEDWYN CLOSE, NE24 3SZ Near By properties

Interactive Map

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

Detached
- The average price is around £147,643 median price is £149,000 Standard Deviation is £67,150 with Total Sold: 759
- The Last 5 Year average price is £232,405 with Total Sold: 92
- The most recent sale happened at this postcode is , 28 FAIRFIELD AVENUE: £307,500 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 31 GATELEY AVENUE: £65,500 (Sold on 26 Jan 1995)
Semi-Detached
- The average price is around £95,282 median price is £95,000 Standard Deviation is £44,666 with Total Sold: 1,350
- The Last 5 Year average price is £134,181 with Total Sold: 219
- The most recent sale happened at this postcode is , 27 FARNHAM GROVE: £227,000 (Sold on 06 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 £86,752 median price is £87,500 Standard Deviation is £36,115 with Total Sold: 463
- The Last 5 Year average price is £122,431 with Total Sold: 71
- 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 , 70 BROMLEY GARDENS: £30,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £51,496 median price is £58,000 Standard Deviation is £20,811 with Total Sold: 37
- The Last 5 Year average price is £61,200 with Total Sold: 5
- The most recent sale happened at this postcode is , 7 SEAFIELD ROAD: £70,000 (Sold on 05 Dec 2022)
- The first recorded sale happened at this postcode is , 229 NEWSHAM ROAD: £17,250 (Sold on 19 May 1995)
Other
- The average price is around £95,335 median price is £29,035 Standard Deviation is £137,679 with Total Sold: 12
- The Last 5 Year average price is £95,680 with Total Sold: 9
- The most recent sale happened at this postcode is , 59 BLACKTHORN DRIVE: £135,000 (Sold on 25 Nov 2022)
- The first recorded sale happened at this postcode is , 44 BLACKTHORN DRIVE: £5,650 (Sold on 10 Nov 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£263,661		9
2023	£242,750	£2,843	18
2022	£241,306	£2,891	18
2021	£229,614	£2,351	21
2020	£207,227	£2,159	11
2019	£212,927	£2,269	15
2018	£220,528	£2,157	18
2017	£202,091	£1,811	16
2016	£185,697	£1,990	20
2015	£204,967	£1,956	17
2014	£193,004	£1,845	23
2013	£176,754	£1,892	23
2012	£170,800	£1,840	15
2011	£179,027	£1,844	15
2010	£186,760	£1,889	20
2009	£173,202	£1,828	21
2008	£213,469	£1,825	13
2007	£200,067	£1,951	29
2006	£188,798	£1,778	28
2005	£190,936	£1,931	18
2004	£169,061	£1,504	22
2003	£135,134	£1,389	48
2002	£108,819	£1,010	83
2001	£93,191	£856	78
2000	£75,856	£794	47
1999	£69,863	£744	37
1998	£68,909	£757	28
1997	£68,049	£770	9
1996	£68,718	£801	11
1995	£67,818	£842	28

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,600	£1,679	14
2023	£149,562	£1,946	36
2022	£145,366	£1,949	38
2021	£129,185	£1,876	53
2020	£122,081	£1,618	35
2019	£126,964	£1,645	43
2018	£120,498	£1,645	44
2017	£117,955	£1,542	33
2016	£104,546	£1,419	42
2015	£114,971	£1,546	42
2014	£119,399	£1,650	47
2013	£106,397	£1,276	43
2012	£113,937	£1,564	27
2011	£113,641	£1,654	34
2010	£115,927	£1,485	28
2009	£121,661	£1,752	19
2008	£121,097	£1,592	33
2007	£125,985	£1,622	79
2006	£122,989	£1,611	64
2005	£112,887	£1,486	45
2004	£101,532	£1,419	46
2003	£83,193	£1,046	66
2002	£61,581	£916	58
2001	£52,635	£717	59
2000	£47,822	£671	55
1999	£45,734	£658	60
1998	£44,047	£576	47
1997	£44,239	£572	49
1996	£42,413	£630	47
1995	£43,785	£611	64

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,000		5
2023	£135,591	£1,754	11
2022	£138,480	£1,817	15
2021	£126,591	£1,875	11
2020	£107,050	£1,525	10
2019	£110,574	£1,313	19
2018	£102,997	£1,429	18
2017	£99,003	£1,461	16
2016	£96,250	£1,411	18
2015	£110,125	£1,444	16
2014	£95,492	£1,421	13
2013	£96,945	£1,506	11
2012	£100,989	£1,347	9
2011	£85,717	£1,206	9
2010	£122,761	£1,595	9
2009	£88,064	£1,440	7
2008	£121,900	£1,617	6
2007	£110,537	£1,437	26
2006	£101,856	£1,521	25
2005	£91,779	£1,355	21
2004	£93,985	£1,305	23
2003	£79,786	£1,166	29
2002	£60,584	£935	38
2001	£48,019	£637	13
2000	£39,197	£571	15
1999	£38,812	£526	17
1998	£38,742	£538	13
1997	£43,222	£570	16
1996	£37,775	£437	16
1995	£37,885	£513	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£60,333	£1,066	3
2021	£67,000	£1,136	1
2019	£58,000	£1,094	1
2018	£52,000	£686	2
2016	£66,750	£1,071	2
2015	£64,000	£1,118	3
2014	£51,000	£1,000	1
2013	£65,000	£1,000	1
2011	£55,000	£1,020	2
2010	£71,975	£1,208	2
2009	£61,000		1
2007	£79,950	£1,508	1
2006	£62,000	£1,149	2
2005	£62,475	£1,179	2
2004	£46,750	£850	2
2003	£36,000	£626	2
2002	£59,250	£715	2
2001	£20,317	£358	3
1999	£22,000	£301	1
1996	£12,900	£251	2
1995	£17,250	£359	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£112,500	£1,836	2
2021	£25,762	£312	4
2020	£240,785	£741	2
2019	£51,500	£579	1
2018	£272,500	£1,614	1
2017	£4,750	£48	1
2016	£5,650	£88	1

House Type in NE24 3SZ area

The most common house types in the NE24 3SZ postcode area are Semi-detached (84), Detached (44), and Terraced (1).

Total	129
Semi-detached	84
Detached	44
Terraced	1
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 (80), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright	80
Owned: Owns with a mortgage or loan	35
Private rented: Private landlord or letting agency	10
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE24 3SZ have 2 people in household (59), and 1 person in household (44).

2 people in household	59
1 person in household	44
3 people in household	16
4 people in household	10
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0