Housing Market Analysis for SPENCER ROAD, NE24 5TG

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

Overview of Sold House prices

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

  • Other
    • The average price is around £1,527,500 median price is £1,527,500 Standard Deviation is £227,500 with Total Sold: 2
    • The Last 5 Year average price is £1,755,000 with Total Sold: 1
    • The most recent sale happened at this postcode is TRAVIS PERKINS SPENCER ROAD: £1,755,000 (Sold on 09 Feb 2021)
    • The first recorded sale happened at this postcode is UNIT F, PROGRESSIVE COURT SPENCER ROAD: £1,300,000 (Sold on 09 Jul 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE24 5TG 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,755,0001
2015£1,300,0001

All the Sales in the SPENCER ROAD, NE24 5TG

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

AddressSold DatePrice% Change
TRAVIS PERKINS SPENCER ROADOther, Leasehold09 Feb 2021£1,755,000First Sale
UNIT F, PROGRESSIVE COURT SPENCER ROADOther, Freehold09 Jul 2015£1,300,000First Sale

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

SPENCER ROAD, NE24 5TG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £101,935 median price is £116,995 Standard Deviation is £38,912 with Total Sold: 117
    • The Last 5 Year average price is £124,150 with Total Sold: 71
    • The most recent sale happened at this postcode is , 8 BATES AVENUE: £130,000 (Sold on 31 Jan 2024)
    • The first recorded sale happened at this postcode is , 57 LINDSAY AVENUE: £30,000 (Sold on 07 Jul 1995)
  • Detached
    • The average price is around £161,965 median price is £158,995 Standard Deviation is £21,080 with Total Sold: 37
    • The Last 5 Year average price is £162,203 with Total Sold: 33
    • The most recent sale happened at this postcode is , 4 CANCH CRESCENT: £180,495 (Sold on 22 Dec 2023)
    • The first recorded sale happened at this postcode is , 4 BATES AVENUE: £141,995 (Sold on 07 Dec 2018)
  • Terraced
    • The average price is around £63,117 median price is £64,000 Standard Deviation is £26,804 with Total Sold: 43
    • The Last 5 Year average price is £76,636 with Total Sold: 11
    • The most recent sale happened at this postcode is , 26 BEECHER STREET: £95,000 (Sold on 31 Jan 2022)
    • The first recorded sale happened at this postcode is , 19 BEECHER STREET: £32,000 (Sold on 24 Feb 1995)
  • Other
    • The average price is around £1,134,500 median price is £1,300,000 Standard Deviation is £711,404 with Total Sold: 5
    • The Last 5 Year average price is £1,755,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , TRAVIS PERKINS SPENCER ROAD: £1,755,000 (Sold on 09 Feb 2021)
    • The first recorded sale happened at this postcode is UNIT 2, BENTLEY COURT CONISTON ROAD: £257,500 (Sold on 05 Mar 2014)
  • Flat
    • The average price is around £26,747 median price is £20,000 Standard Deviation is £18,590 with Total Sold: 18
    • The most recent sale happened at this postcode is , 32 BEECHER STREET: £38,000 (Sold on 05 Jan 2018)
    • The first recorded sale happened at this postcode is , 7 BEECHER STREET: £16,000 (Sold on 11 Aug 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,000 £1,831 1
2023£142,109 £1,632 8
2022£140,372 £2,026 8
2021£127,058 £1,755 17
2020£118,902 £1,673 16
2019£112,495 £1,578 21
2018£116,250 £1,624 10
2017£51,000 £609 3
2016£61,500 £770 2
2013£63,000 £759 1
2012£64,000 £762 1
2011£60,590 £685 2
2010£71,676 £731 2
2009£65,000 £793 1
2008£85,000 £988 1
2007£100,000 £1,175 1
2006£78,250 £885 4
2005£73,733 £852 3
2004£39,000 £445 2
2003£47,500 £539 3
2002£25,750 £333 4
1999£40,000 £388 1
1998£19,0001
1996£18,475 £217 2
1995£39,000 £403 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£180,407 £2,039 9
2021£171,870 £1,965 8
2020£160,984 £2,158 4
2019£142,513 £1,965 12
2018£159,995 £1,751 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£95,000 £1,338 1
2021£87,167 £945 6
2020£42,500 £594 1
2019£60,833 £748 3
2018£81,667 £740 3
2017£78,000 £1,099 1
2016£75,000 £932 4
2014£43,000 £518 1
2013£70,000 £882 2
2011£58,000 £773 1
2009£35,000 £489 1
2008£59,600 £851 1
2007£104,500 £980 2
2005£90,975 £1,085 2
2004£44,333 £566 3
2003£52,750 £873 2
2002£44,500 £533 2
2001£27,667 £384 3
2000£29,000 £408 1
1998£27,0001
1997£23,000 £324 1
1995£32,000 £582 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,755,0001
2017£2,000,000 £28,169 1
2016£360,0001
2015£1,300,0001
2014£257,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£38,000 £776 1
2009£60,000 £1,224 1
2007£66,500 £1,209 1
2006£51,000 £963 2
2004£39,000 £709 1
2002£17,738 £335 4
2001£9,167 £170 3
2000£13,750 £294 2
1999£12,000 £255 1
1997£22,000 £344 1
1995£16,000 £110 1

House Type in NE24 5TG area

The most common house types in the NE24 5TG postcode area are Flat (63), Semi-detached (35), and Terraced (21).

Total126
Flat63
Semi-detached35
Terraced21
Detached4
Shared house2
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (36), and Private rented: Private landlord or letting agency (28).

Social rented: Rents from council or Local Authority36
Private rented: Private landlord or letting agency28
Social rented: Other social rented26
Owned: Owns outright20
Owned: Owns with a mortgage or loan13
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE24 5TG have 1 person in household (85), and 2 people in household (21).

1 person in household85
2 people in household21
3 people in household13
4 people in household4
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0