Housing Market Analysis for OAKWOOD COTTAGES, NE41 8BJ

Are you looking to understand NE41 8BJ 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 NE41 8BJ area, explore the NE41 8BJ Area information page.
For comprehensive crime statistics in the NE41 8BJ area, explore the NE41 8BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE41 8BJ postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £226,875 median price is £248,750 Standard Deviation is £81,190 with Total Sold: 4
    • The Last 5 Year average price is £287,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 OAKWOOD COTTAGES: £315,000 (Sold on 13 Sep 2022)
    • The first recorded sale happened at this postcode is 3 OAKWOOD COTTAGES: £95,000 (Sold on 08 Jun 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE41 8BJ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£315,000 £4,038 1
2019£260,000 £3,514 1
2016£237,500 £3,209 1
1999£95,000 £1,284 1

All the Sales in the OAKWOOD COTTAGES, NE41 8BJ

See the table below for more details on the sold house prices in the NE41 8BJ, Northumberland postcode.

AddressSold DatePrice% Change
4 OAKWOOD COTTAGESTerraced, FreeholdArea: 78 Sq.mtrAge: before 190013 Sep 2022£315,000First Sale
3 OAKWOOD COTTAGESTerraced, FreeholdArea: 74 Sq.mtrAge: before 190006 Sep 2019£260,0009.47%
22 Aug 2016£237,500150.00%
08 Jun 1999£95,000First Sale

Check out the sold house prices near the NE41 8BJ postcode. Properties currently for saleProperties currently for rent

OAKWOOD COTTAGES, NE41 8BJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE41 8BJ 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 NE41 8BJ postcode.

  • Terraced
    • The average price is around £179,750 median price is £166,750 Standard Deviation is £94,196 with Total Sold: 6
    • The Last 5 Year average price is £287,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 4 OAKWOOD COTTAGES: £315,000 (Sold on 13 Sep 2022)
    • The first recorded sale happened at this postcode is , 1 BLUEBELL COTTAGES: £75,000 (Sold on 30 Jun 1998)
  • Other
    • The average price is around £775,000 median price is £775,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £775,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , OAKWOOD HOUSE : £775,000 (Sold on 29 Nov 2019)
    • The first recorded sale happened at this postcode is , OAKWOOD HOUSE : £775,000 (Sold on 29 Nov 2019)
  • Detached
    • The average price is around £469,800 median price is £431,500 Standard Deviation is £203,366 with Total Sold: 5
    • The Last 5 Year average price is £837,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , OAKWOOD HALL : £837,500 (Sold on 22 Nov 2019)
    • The first recorded sale happened at this postcode is COACHMANS COTTAGE, OAKWOOD HALL : £210,000 (Sold on 15 Dec 1999)
  • Semi-Detached
    • The average price is around £236,250 median price is £236,250 Standard Deviation is £113,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 3 BLUEBELL COTTAGES: £350,000 (Sold on 19 Jul 2006)
    • The first recorded sale happened at this postcode is , 3 BLUEBELL COTTAGES: £122,500 (Sold on 23 May 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£315,000 £4,038 1
2019£260,000 £3,514 1
2016£237,500 £3,209 1
1999£95,500 £1,220 2
1998£75,000 £468 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£775,000 £2,969 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£837,500 £938 1
2012£445,000 £4,828 1
2009£431,500 £483 1
2007£425,000 £4,611 1
1999£210,000 £235 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£350,0001
1997£122,5001

House Type in NE41 8BJ area

The most common house types in the NE41 8BJ postcode area are Semi-detached (29), Detached (25), and Terraced (9).

Total63
Semi-detached29
Detached25
Terraced9
Flat0
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 (18).

Owned: Owns outright39
Owned: Owns with a mortgage or loan18
Private rented: Private landlord or letting agency3
Social rented: Rents from council or Local Authority2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Private rented: Other private rented0

Number of People in a Household

The most houses in the NE41 8BJ have 2 people in household (31), and 1 person in household (13).

2 people in household31
1 person in household13
3 people in household8
4 people in household7
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0