Housing Market Analysis for ALBION WAY, NE24 5BW

Are you looking to understand NE24 5BW 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 5BW area, explore the NE24 5BW Area information page.
For comprehensive crime statistics in the NE24 5BW area, explore the NE24 5BW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE24 5BW postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £116,000 median price is £110,000 Standard Deviation is £17,664 with Total Sold: 3
    • The Last 5 Year average price is £140,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 ALBION WAY: £140,000 (Sold on 04 Mar 2022)
    • The first recorded sale happened at this postcode is 5 ALBION WAY: £98,000 (Sold on 14 May 2004)
  • Detached
    • The average price is around £148,817 median price is £158,500 Standard Deviation is £57,756 with Total Sold: 6
    • The Last 5 Year average price is £130,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 15 ALBION WAY: £130,000 (Sold on 12 Mar 2021)
    • The first recorded sale happened at this postcode is 15 ALBION WAY: £60,000 (Sold on 10 Nov 1995)
  • Other
    • The average price is around £212,000 median price is £212,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is ALBION COURT ALBION WAY: £212,000 (Sold on 30 Nov 2015)
    • The first recorded sale happened at this postcode is ALBION COURT ALBION WAY: £212,000 (Sold on 30 Nov 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE24 5BW 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£140,000 £1,591 1
2016£110,000 £1,250 1
2004£98,000 £1,101 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£130,000 £977 1
2016£214,950 £1,774 1
2009£187,000 £1,543 1
2006£204,950 £1,691 1
2002£96,000 £722 1
1995£60,000 £451 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£212,000 £1,277 1

All the Sales in the ALBION WAY, NE24 5BW

See the table below for more details on the sold house prices in the NE24 5BW, Northumberland postcode.

AddressSold DatePrice% Change
11 ALBION WAYSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-196604 Mar 2022£140,00027.27%
24 Feb 2016£110,000First Sale
15 ALBION WAYDetached, FreeholdArea: 133 Sq.mtrAge: 1991-199512 Mar 2021£130,00035.42%
26 Jul 2002£96,00060.00%
10 Nov 1995£60,000First Sale
9A ALBION WAYDetached, FreeholdArea: 121.2 Sq.mtrAge: before 190029 Jan 2016£214,95014.95%
20 Mar 2009£187,000-8.76%
03 Nov 2006£204,950First Sale
ALBION COURT ALBION WAYOther, FreeholdArea: 166 Sq.mtrAge: 1900-192930 Nov 2015£212,000First Sale
5 ALBION WAYSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-196614 May 2004£98,000First Sale

Check out the sold house prices near the NE24 5BW postcode. Properties currently for saleProperties currently for rent

ALBION WAY, NE24 5BW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE24 5BW 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 5BW postcode.

  • Terraced
    • The average price is around £56,392 median price is £50,800 Standard Deviation is £45,330 with Total Sold: 1,389
    • The Last 5 Year average price is £76,192 with Total Sold: 252
    • The most recent sale happened at this postcode is , 12 HARPER STREET: £90,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 15 WHITHORN COURT: £58,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £73,703 median price is £72,750 Standard Deviation is £39,831 with Total Sold: 538
    • The Last 5 Year average price is £103,850 with Total Sold: 93
    • The most recent sale happened at this postcode is , 52 DURBAN STREET: £120,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 15 EDWARD STREET: £19,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £46,062 median price is £43,000 Standard Deviation is £22,526 with Total Sold: 444
    • The Last 5 Year average price is £48,332 with Total Sold: 94
    • The most recent sale happened at this postcode is , 20 REGENT COURT: £50,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is , 145 GLADSTONE STREET: £15,830 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £146,547 median price is £63,000 Standard Deviation is £285,679 with Total Sold: 49
    • The Last 5 Year average price is £88,646 with Total Sold: 34
    • The most recent sale happened at this postcode is , 11A NEWSHAM ROAD: £50,000 (Sold on 15 Apr 2024)
    • The first recorded sale happened at this postcode is , MARLOW LODGE, 2 MARLOW STREET: £150,000 (Sold on 16 Dec 2014)
  • Detached
    • The average price is around £131,520 median price is £119,000 Standard Deviation is £84,705 with Total Sold: 201
    • The Last 5 Year average price is £183,031 with Total Sold: 29
    • The most recent sale happened at this postcode is , 25 DELAVAL TERRACE: £52,000 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , 27 PRIORY GRANGE: £63,000 (Sold on 17 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£82,116 £788 19
2023£76,865 £827 37
2022£100,689 £1,001 45
2021£74,650 £830 69
2020£58,611 £683 39
2019£65,781 £764 43
2018£68,026 £755 31
2017£61,216 £716 34
2016£58,387 £696 35
2015£62,725 £736 34
2014£58,081 £652 35
2013£65,415 £703 30
2012£62,096 £701 20
2011£69,657 £870 22
2010£75,965 £817 19
2009£82,848 £1,037 12
2008£79,277 £927 37
2007£80,661 £918 84
2006£77,595 £901 65
2005£68,586 £858 83
2004£62,101 £781 100
2003£39,288 £494 108
2002£33,525 £372 90
2001£26,244 £288 64
2000£22,503 £256 46
1999£30,683 £318 48
1998£25,318 £298 39
1997£22,847 £274 35
1996£25,745 £287 37
1995£24,548 £268 29
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£105,030 £1,195 10
2023£113,006 £1,346 16
2022£124,497 £1,355 19
2021£109,685 £1,141 20
2020£82,444 £1,046 13
2019£77,917 £1,048 15
2018£101,791 £1,064 17
2017£83,667 £1,053 21
2016£76,066 £1,012 21
2015£80,943 £976 17
2014£74,331 £919 21
2013£72,910 £1,009 10
2012£70,833 £910 12
2011£70,346 £918 16
2010£82,738 £931 12
2009£81,516 £904 10
2008£97,708 £1,319 19
2007£108,037 £1,303 35
2006£92,706 £1,090 26
2005£79,080 £959 27
2004£62,750 £829 22
2003£58,388 £684 25
2002£37,978 £473 23
2001£31,961 £354 21
2000£34,674 £398 17
1999£34,842 £361 12
1998£32,214 £351 18
1997£31,609 £344 20
1996£27,235 £375 9
1995£30,493 £372 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£52,5003
2023£48,619 £863 23
2022£56,669 £1,036 16
2021£51,093 £843 22
2020£50,733 £794 12
2019£34,883 £605 18
2018£40,134 £647 18
2017£39,212 £714 8
2016£42,336 £702 11
2015£36,583 £685 15
2014£47,461 £729 19
2013£39,625 £685 8
2012£66,125 £928 4
2011£65,332 £1,020 6
2010£57,158 £917 6
2009£73,000 £1,033 13
2008£61,118 £1,138 22
2007£67,808 £1,181 18
2006£60,920 £1,001 35
2005£56,689 £937 30
2004£47,891 £802 33
2003£33,548 £555 25
2002£28,226 £430 23
2001£14,230 £218 10
2000£24,917 £403 6
1999£24,280 £418 15
1998£21,633 £485 9
1997£28,817 £409 3
1996£29,250 £469 2
1995£20,803 £394 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£50,0001
2023£87,125 £1,106 8
2022£61,625 £751 10
2021£233,175 £560 4
2020£55,143 £776 7
2019£83,000 £502 4
2018£627,460 £728 4
2017£146,253 £979 8
2016£125,000 £479 1
2015£212,000 £1,277 1
2014£150,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£52,0001
2023£180,417 £1,730 6
2022£124,975 £1,877 2
2021£198,938 £1,697 8
2020£178,166 £1,607 6
2019£210,492 £1,786 6
2018£164,490 £1,764 5
2017£219,158 £1,564 6
2016£191,779 £1,890 7
2015£159,818 £1,538 17
2014£123,990 £1,193 5
2013£146,125 £1,265 4
2012£129,300 £1,405 5
2011£120,000 £1,807 1
2010£94,333 £1,105 3
2009£158,500 £1,334 2
2008£342,500 £1,450 2
2007£170,200 £1,563 7
2006£175,408 £2,009 6
2005£170,161 £1,368 9
2004£146,800 £2,421 10
2003£145,778 £2,397 9
2002£89,660 £1,177 15
2001£70,205 £632 20
2000£67,823 £694 9
1999£58,377 £599 9
1998£57,491 £577 6
1997£52,900 £614 5
1996£60,408 £630 6
1995£65,738 £570 4

House Type in NE24 5BW area

The most common house types in the NE24 5BW postcode area are Semi-detached (94), Terraced (11), and Flat (7).

Total115
Semi-detached94
Terraced11
Flat7
Detached3
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (39), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright39
Owned: Owns with a mortgage or loan34
Private rented: Private landlord or letting agency20
Social rented: Rents from council or Local Authority18
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE24 5BW have 1 person in household (36), and 2 people in household (36).

1 person in household36
2 people in household36
4 people in household19
3 people in household18
5 people in household3
6 people in household2
7 people in household2
0 people in household0
8 or more people in household0