Housing Market Analysis for CHESTER GROVE, NE24 5SJ

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

Overview of Sold House prices

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

Terraced
- The average price is around £73,712 median price is £85,000 Standard Deviation is £28,148 with Total Sold: 17
- The Last 5 Year average price is £107,667 with Total Sold: 3
- The most recent sale happened at this postcode is 46 CHESTER GROVE: £125,000 (Sold on 14 Dec 2022)
- The first recorded sale happened at this postcode is 42 CHESTER GROVE: £36,500 (Sold on 27 Feb 1998)
Other
- The average price is around £1,800 median price is £1,800 Standard Deviation is £0 with Total Sold: 2
- The Last 5 Year average price is £1,800 with Total Sold: 2
- The most recent sale happened at this postcode is 47 CHESTER GROVE: £1,800 (Sold on 14 Dec 2022)
- The first recorded sale happened at this postcode is 49 CHESTER GROVE: £1,800 (Sold on 05 Dec 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average NE24 5SJ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£125,000	£1,582	1
2019	£99,000	£1,179	2
2018	£93,250	£1,188	2
2016	£85,000	£1,012	1
2013	£87,950	£1,113	1
2010	£80,000	£1,159	1
2006	£94,975	£1,172	2
2003	£68,000	£986	1
2001	£41,500		2
2000	£36,850	£415	2
1998	£38,000	£572	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,800	£21	2

All the Sales in the CHESTER GROVE, NE24 5SJ

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

Address	Sold Date	Price	% Change
46 CHESTER GROVETerraced, LeaseholdArea: 79 Sq.mtrAge: 1976-1982	14 Dec 2022	£125,000	28.21%
	05 Oct 2018	£97,500	5.98%
	03 Nov 2006	£92,000	First Sale
49 CHESTER GROVETerraced, LeaseholdArea: 84 Sq.mtrAge: 1967-1975	30 Aug 2019	£93,000	-11.43%
	28 Jun 2019	£105,000	23.53%
	20 Sep 2016	£85,000	4622.22%
	05 Dec 2022	£1,800	First Sale
50 CHESTER GROVETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	11 May 2018	£89,000	First Sale
39 CHESTER GROVETerraced, FreeholdArea: 79 Sq.mtrAge: 1930-1949	03 Jun 2013	£87,950	First Sale
43 CHESTER GROVETerraced, LeaseholdArea: 69 Sq.mtrAge: 1967-1975	05 Mar 2010	£80,000	17.65%
	28 Mar 2003	£68,000	72.15%
	30 Jul 1998	£39,500	First Sale
40 CHESTER GROVETerraced, LeaseholdArea: 83 Sq.mtrAge: 1976-1982	24 Oct 2006	£97,950	184.33%
	17 Aug 2000	£34,450	First Sale
42 CHESTER GROVETerraced, Freehold	16 Nov 2001	£43,000	9.55%
	29 Sep 2000	£39,250	7.53%
	27 Feb 1998	£36,500	First Sale
41 CHESTER GROVETerraced, Leasehold	20 Apr 2001	£40,000	First Sale
47 CHESTER GROVEOther, Freehold	14 Dec 2022	£1,800	First Sale

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

CHESTER GROVE, NE24 5SJ Near By properties

Interactive Map

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

Terraced
- The average price is around £74,405 median price is £80,000 Standard Deviation is £32,115 with Total Sold: 643
- The Last 5 Year average price is £99,912 with Total Sold: 118
- The most recent sale happened at this postcode is , 1 BERWICK COURT: £99,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 27 NEWLANDS ROAD: £35,000 (Sold on 01 Mar 1995)
Semi-Detached
- The average price is around £76,349 median price is £73,975 Standard Deviation is £34,333 with Total Sold: 628
- The Last 5 Year average price is £99,947 with Total Sold: 109
- The most recent sale happened at this postcode is , 59 TWELFTH AVENUE: £90,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 46 VICTORIA MEWS: £44,950 (Sold on 27 Jan 1995)
Flat
- The average price is around £48,902 median price is £50,000 Standard Deviation is £21,387 with Total Sold: 330
- The Last 5 Year average price is £53,212 with Total Sold: 48
- The most recent sale happened at this postcode is , 12 DRURIDGE DRIVE: £41,250 (Sold on 06 Aug 2024)
- The first recorded sale happened at this postcode is , 40 VICTORIA MEWS: £28,000 (Sold on 13 Apr 1995)
Other
- The average price is around £73,228 median price is £50,750 Standard Deviation is £92,935 with Total Sold: 26
- The Last 5 Year average price is £80,517 with Total Sold: 16
- The most recent sale happened at this postcode is , 151 NEWSHAM ROAD: £123,000 (Sold on 23 May 2024)
- The first recorded sale happened at this postcode is , 70 DRURIDGE DRIVE: £7,000 (Sold on 14 Apr 2016)
Detached
- The average price is around £110,211 median price is £108,475 Standard Deviation is £52,298 with Total Sold: 52
- The Last 5 Year average price is £163,285 with Total Sold: 10
- The most recent sale happened at this postcode is , 50 NEWLANDS ROAD: £206,000 (Sold on 29 Apr 2024)
- The first recorded sale happened at this postcode is , 35 NEWLANDS ROAD: £56,000 (Sold on 08 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£117,064		7
2023	£101,617	£1,323	18
2022	£103,006	£1,307	21
2021	£103,997	£1,290	29
2020	£88,713	£1,109	15
2019	£93,979	£1,159	28
2018	£92,688	£1,093	34
2017	£81,021	£1,003	21
2016	£84,950	£1,056	21
2015	£80,025	£964	24
2014	£89,155	£1,147	21
2013	£87,993	£1,039	15
2012	£84,296	£890	12
2011	£78,068	£950	14
2010	£93,884	£1,147	10
2009	£103,062	£1,332	4
2008	£106,900	£1,128	15
2007	£99,240	£1,270	29
2006	£87,470	£1,095	24
2005	£92,865	£1,214	31
2004	£76,865	£994	37
2003	£59,394	£735	37
2002	£46,211	£571	23
2001	£39,227	£454	24
2000	£33,948	£399	25
1999	£32,410	£455	29
1998	£35,362	£471	29
1997	£34,340	£454	15
1996	£34,021	£429	14
1995	£31,553	£426	17

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£102,714	£1,311	7
2023	£112,811	£1,365	18
2022	£110,405	£1,376	20
2021	£98,177	£1,376	24
2020	£87,850	£1,097	18
2019	£90,864	£1,193	22
2018	£85,167	£1,022	12
2017	£96,350	£1,132	19
2016	£91,683	£1,172	26
2015	£87,518	£1,102	18
2014	£84,269	£1,042	18
2013	£88,813	£1,024	19
2012	£89,156	£1,070	8
2011	£100,062	£1,362	8
2010	£82,865	£950	16
2009	£89,500	£1,147	11
2008	£93,844	£1,153	16
2007	£102,070	£1,302	35
2006	£95,214	£1,139	29
2005	£86,293	£1,084	30
2004	£84,250	£1,116	33
2003	£65,241	£896	41
2002	£48,356	£624	31
2001	£40,376	£539	25
2000	£41,548	£425	21
1999	£36,057	£497	27
1998	£42,908	£623	35
1997	£37,286	£434	7
1996	£32,775	£385	16
1995	£38,436	£474	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£50,938		4
2023	£60,624	£1,038	8
2022	£54,972	£964	9
2021	£59,833	£997	6
2020	£48,814	£833	11
2019	£47,474	£862	10
2018	£49,550	£866	10
2017	£52,333	£1,112	3
2016	£50,812	£903	8
2015	£50,567	£952	9
2014	£46,300	£795	9
2013	£51,538	£934	13
2012	£62,125	£830	8
2011	£63,786	£1,020	7
2010	£62,907	£1,070	7
2009	£76,875	£1,149	4
2008	£68,333	£1,254	6
2007	£77,052	£1,289	20
2006	£67,811	£1,307	18
2005	£75,125	£1,293	24
2004	£58,150	£1,158	18
2003	£41,041	£759	23
2002	£26,961	£495	28
2001	£28,761	£501	9
2000	£22,478	£456	16
1999	£22,000	£414	4
1998	£22,908	£431	6
1997	£23,496	£440	13
1996	£20,550	£352	9
1995	£23,675	£385	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£86,500		2
2023	£5,112	£61	2
2022	£17,610	£49	5
2021	£59,667	£1,185	3
2020	£231,250	£679	2
2019	£187,750	£579	2
2018	£56,000	£1,120	1
2017	£86,200	£1,107	5
2016	£32,162	£790	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£206,000		1
2022	£159,975	£2,424	2
2021	£161,633	£1,851	3
2020	£138,500	£1,675	2
2019	£172,500	£2,348	2
2017	£119,000	£1,486	1
2016	£142,875	£1,585	4
2015	£114,500	£1,709	2
2013	£120,025	£718	2
2012	£127,500	£1,637	2
2011	£127,275	£2,065	2
2010	£192,500	£2,152	1
2009	£165,000		1
2008	£128,500		2
2007	£137,475		2
2005	£122,333	£1,780	3
2004	£122,000	£1,619	2
2003	£58,667		3
2002	£50,250	£649	2
2001	£59,350	£884	2
2000	£53,975	£712	2
1999	£59,500	£715	2
1998	£45,372	£490	4
1996	£27,950	£329	1
1995	£48,500	£627	2

House Type in NE24 5SJ area

The most common house types in the NE24 5SJ postcode area are Semi-detached (55), Terraced (35), and Detached (17).

Total	108
Semi-detached	55
Terraced	35
Detached	17
Flat	1
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 (61), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	38
Private rented: Private landlord or letting agency	7
Shared ownership: Shared ownership	3
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE24 5SJ have 2 people in household (46), and 1 person in household (30).

2 people in household	46
1 person in household	30
3 people in household	21
4 people in household	10
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