Housing Market Analysis for BANBURY WAY, NE24 3TZ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £86,898 median price is £87,000 Standard Deviation is £46,746 with Total Sold: 27
- The Last 5 Year average price is £152,990 with Total Sold: 5
- The most recent sale happened at this postcode is 39 BANBURY WAY: £240,000 (Sold on 08 Sep 2023)
- The first recorded sale happened at this postcode is 61 BANBURY WAY: £39,950 (Sold on 08 Sep 1995)
Terraced
- The average price is around £96,475 median price is £111,975 Standard Deviation is £34,892 with Total Sold: 4
- The most recent sale happened at this postcode is 53 BANBURY WAY: £116,000 (Sold on 14 Sep 2018)
- The first recorded sale happened at this postcode is 53 BANBURY WAY: £36,950 (Sold on 10 Mar 2000)
Detached
- The average price is around £204,000 median price is £204,000 Standard Deviation is £9,000 with Total Sold: 2
- The most recent sale happened at this postcode is 57 BANBURY WAY: £213,000 (Sold on 16 Oct 2015)
- The first recorded sale happened at this postcode is 57 BANBURY WAY: £195,000 (Sold on 01 Oct 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average NE24 3TZ 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	£182,500	£1,693	2
2020	£122,475	£1,701	2
2019	£155,000	£1,722	1
2017	£95,000		1
2015	£105,000	£1,615	1
2014	£117,000	£1,625	1
2007	£119,950	£1,904	2
2006	£132,950		1
2005	£99,000	£1,523	1
2004	£87,075	£1,340	2
2003	£69,950		1
2002	£59,950	£952	1
2001	£53,750	£786	2
2000	£41,950		1
1999	£47,500		2
1998	£40,000	£444	1
1997	£40,000		1
1996	£41,500		2
1995	£40,475	£569	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£116,000	£1,758	1
2010	£125,000	£1,786	1
2004	£107,950	£1,636	1
2000	£36,950	£560	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£213,000	£1,780	1
2010	£195,000	£1,629	1

All the Sales in the BANBURY WAY, NE24 3TZ

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

Address	Sold Date	Price	% Change
39 BANBURY WAYSemi-Detached, FreeholdArea: 150 Sq.mtrAge: 1976-1982	08 Sep 2023	£240,000	First Sale
55 BANBURY WAYSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1976-1982	14 Mar 2023	£125,000	First Sale
33 BANBURY WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1983-1990	10 Dec 2020	£125,000	6.84%
	24 Apr 2014	£117,000	185.37%
	22 Sep 1995	£41,000	First Sale
31 BANBURY WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1967-1975	23 Mar 2020	£119,950	0.0
	28 Sep 2007	£119,950	100.08%
	18 Dec 2002	£59,950	First Sale
25 BANBURY WAYSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1976-1982	19 Jul 2019	£155,000	287.50%
	27 Nov 1998	£40,000	First Sale
53 BANBURY WAYTerraced, FreeholdArea: 66 Sq.mtrAge: 1983-1990	14 Sep 2018	£116,000	7.46%
	16 Feb 2004	£107,950	192.15%
	10 Mar 2000	£36,950	First Sale
61 BANBURY WAYSemi-Detached, Freehold	21 Jul 2017	£95,000	137.80%
61 BANBURY WAYSemi-Detached, Freehold	08 Sep 1995	£39,950	First Sale
57 BANBURY WAYDetached, FreeholdArea: 119.68 Sq.mtrAge: 1967-1975	16 Oct 2015	£213,000	9.23%
	01 Oct 2010	£195,000	First Sale
59 BANBURY WAYSemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1991-1995	03 Aug 2015	£105,000	6.06%
	06 Apr 2005	£99,000	13.79%
	26 May 2004	£87,000	-0.17%
	26 Mar 2004	£87,150	First Sale
37 BANBURY WAYTerraced, FreeholdArea: 70 Sq.mtrAge: 1976-1982	01 Oct 2010	£125,000	127.27%
	06 Apr 2001	£55,000	First Sale
27 BANBURY WAYSemi-Detached, Freehold	22 Nov 2007	£119,950	71.48%
	17 Jan 2003	£69,950	66.75%
	28 Jul 2000	£41,950	First Sale
43 BANBURY WAYSemi-Detached, Freehold	01 Jun 2006	£132,950	209.19%
43 BANBURY WAYSemi-Detached, Freehold	08 Nov 1996	£43,000	First Sale
49 BANBURY WAYSemi-Detached, Freehold	30 Mar 2001	£52,500	9.38%
	26 Feb 1999	£48,000	20.00%
	24 May 1996	£40,000	First Sale
51 BANBURY WAYSemi-Detached, Freehold	05 Jul 1999	£47,000	First Sale
35 BANBURY WAYSemi-Detached, Freehold	06 Jan 1997	£40,000	First Sale

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

BANBURY WAY, NE24 3TZ Near By properties

Interactive Map

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

Detached
- The average price is around £146,317 median price is £154,950 Standard Deviation is £67,230 with Total Sold: 559
- The Last 5 Year average price is £223,185 with Total Sold: 78
- 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 £97,645 median price is £103,000 Standard Deviation is £45,343 with Total Sold: 1,519
- The Last 5 Year average price is £141,007 with Total Sold: 233
- 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 £83,969 median price is £88,500 Standard Deviation is £38,426 with Total Sold: 581
- The Last 5 Year average price is £123,635 with Total Sold: 93
- 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 £57,814 median price is £65,750 Standard Deviation is £18,529 with Total Sold: 32
- The Last 5 Year average price is £65,250 with Total Sold: 6
- The most recent sale happened at this postcode is , 23 WANSBECK AVENUE: £73,500 (Sold on 25 Sep 2023)
- The first recorded sale happened at this postcode is , 4 WANSBECK AVENUE: £19,000 (Sold on 20 Jul 1998)
Other
- The average price is around £136,869 median price is £50,900 Standard Deviation is £162,495 with Total Sold: 8
- The Last 5 Year average price is £117,540 with Total Sold: 5
- The most recent sale happened at this postcode is , 336A PLESSEY ROAD: £90,000 (Sold on 14 Jul 2022)
- The first recorded sale happened at this postcode is , 1 - 2 FULMAR DRIVE: £230,000 (Sold on 30 Jun 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£252,869		8
2023	£236,219	£2,901	16
2022	£229,531	£2,934	16
2021	£216,664	£2,310	18
2020	£202,625	£2,152	8
2019	£201,042	£2,341	12
2018	£212,500	£2,201	14
2017	£207,945	£1,743	10
2016	£175,526	£1,996	17
2015	£200,850	£1,969	17
2014	£186,073	£1,858	15
2013	£167,112	£1,964	17
2012	£167,643	£1,870	14
2011	£169,840	£1,982	10
2010	£180,731	£1,932	16
2009	£181,671	£1,823	19
2008	£208,512	£1,928	8
2007	£187,402	£1,972	21
2006	£193,389	£1,875	23
2005	£197,527	£2,059	15
2004	£166,168	£1,569	17
2003	£147,976	£1,412	25
2002	£107,482	£1,054	34
2001	£82,460	£816	30
2000	£74,806	£790	43
1999	£69,563	£744	39
1998	£69,757	£757	27
1997	£67,994	£759	10
1996	£71,032	£801	11
1995	£67,858	£842	29

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£150,876	£1,876	17
2023	£152,115	£1,957	37
2022	£150,165	£2,017	42
2021	£138,523	£1,958	55
2020	£128,562	£1,710	38
2019	£132,964	£1,683	44
2018	£123,508	£1,608	54
2017	£125,813	£1,632	39
2016	£118,932	£1,557	44
2015	£119,789	£1,556	54
2014	£124,273	£1,727	47
2013	£109,148	£1,334	48
2012	£115,023	£1,451	35
2011	£117,176	£1,646	39
2010	£119,784	£1,454	28
2009	£121,133	£1,602	26
2008	£126,059	£1,646	32
2007	£128,911	£1,614	95
2006	£126,838	£1,612	63
2005	£119,456	£1,545	49
2004	£107,288	£1,503	52
2003	£85,240	£1,016	58
2002	£63,161	£907	70
2001	£53,329	£712	71
2000	£48,122	£674	65
1999	£45,715	£648	71
1998	£44,282	£585	54
1997	£45,049	£585	59
1996	£42,466	£612	64
1995	£43,712	£606	69

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£121,200		5
2023	£125,583	£1,719	18
2022	£133,414	£1,806	18
2021	£132,100	£1,805	15
2020	£120,654	£1,643	13
2019	£111,673	£1,386	24
2018	£101,174	£1,355	17
2017	£113,242	£1,553	24
2016	£105,000	£1,375	19
2015	£112,706	£1,524	17
2014	£95,743	£1,390	14
2013	£96,377	£1,365	13
2012	£105,295	£1,355	10
2011	£86,550	£1,158	9
2010	£120,985	£1,553	10
2009	£98,265	£1,483	13
2008	£103,129	£1,178	7
2007	£110,957	£1,498	27
2006	£103,675	£1,435	28
2005	£98,174	£1,530	25
2004	£94,587	£1,312	26
2003	£79,220	£1,136	28
2002	£53,484	£765	31
2001	£46,283	£641	21
2000	£39,138	£546	28
1999	£36,811	£513	33
1998	£37,939	£566	23
1997	£39,777	£553	28
1996	£36,248	£468	25
1995	£36,752	£528	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£61,750	£714	2
2022	£70,000	£1,061	1
2021	£74,000	£1,057	1
2020	£62,000	£979	2
2018	£73,500	£1,197	2
2016	£67,500	£1,023	1
2015	£66,500	£1,032	2
2014	£69,950	£1,110	1
2013	£65,750	£1,036	2
2012	£52,000	£671	1
2010	£77,950	£1,238	1
2009	£61,000		1
2008	£75,750	£1,067	1
2007	£75,000		1
2006	£69,833	£1,179	3
2005	£71,000	£916	1
2004	£49,500	£794	2
2003	£36,000	£572	1
2002	£39,950	£571	1
2001	£22,817	£352	3
2000	£25,000	£357	1
1998	£19,000	£317	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£90,000	£1,304	1
2021	£5,450	£50	2
2020	£475,000	£1,439	1
2019	£11,800		1
2018	£272,500	£1,614	1
2017	£4,750	£48	1
2016	£230,000		1

House Type in NE24 3TZ area

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