Housing Market Analysis for WESLEY TERRACE, NE42 5AB

Are you looking to understand NE42 5AB 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 NE42 5AB area, explore the NE42 5AB Area information page.
For comprehensive crime statistics in the NE42 5AB area, explore the NE42 5AB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE42 5AB postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £68,314 median price is £77,500 Standard Deviation is £23,694 with Total Sold: 7
    • The most recent sale happened at this postcode is 1 WESLEY TERRACE: £77,500 (Sold on 30 Sep 2013)
    • The first recorded sale happened at this postcode is 3 WESLEY TERRACE: £34,500 (Sold on 11 May 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE42 5AB 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
2013£87,250 £1,139 2
2005£91,700 £1,092 1
2004£86,000 £1,194 1
2002£46,500 £646 1
2001£39,750 £566 2

All the Sales in the WESLEY TERRACE, NE42 5AB

See the table below for more details on the sold house prices in the NE42 5AB, Northumberland postcode.

AddressSold DatePrice% Change
1 WESLEY TERRACETerraced, FreeholdArea: 69.01 Sq.mtrAge: 1900-192930 Sep 2013£77,50072.22%
12 Oct 2001£45,000First Sale
2 WESLEY TERRACETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-196618 Mar 2013£97,0005.78%
04 Mar 2005£91,700First Sale
3 WESLEY TERRACETerraced, FreeholdArea: 72 Sq.mtrAge: 1900-192916 Jan 2004£86,00084.95%
28 Mar 2002£46,50034.78%
11 May 2001£34,500First Sale

Check out the sold house prices near the NE42 5AB postcode. Properties currently for saleProperties currently for rent

WESLEY TERRACE, NE42 5AB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE42 5AB 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 NE42 5AB postcode.

  • Detached
    • The average price is around £164,691 median price is £163,000 Standard Deviation is £74,224 with Total Sold: 859
    • The Last 5 Year average price is £244,856 with Total Sold: 95
    • The most recent sale happened at this postcode is , 43 HOMEDALE: £320,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , WYNDALE KEPWELL BANK TOP: £75,000 (Sold on 14 Feb 1995)
  • Semi-Detached
    • The average price is around £107,812 median price is £105,000 Standard Deviation is £58,483 with Total Sold: 807
    • The Last 5 Year average price is £154,896 with Total Sold: 104
    • The most recent sale happened at this postcode is , 11 MOOR ROAD: £375,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 18 CHEVIOT VIEW: £31,000 (Sold on 28 Feb 1995)
  • Terraced
    • The average price is around £86,580 median price is £83,000 Standard Deviation is £51,034 with Total Sold: 571
    • The Last 5 Year average price is £126,798 with Total Sold: 88
    • The most recent sale happened at this postcode is , 50 HILLCREST: £150,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 4 ERRINGTON PLACE: £32,000 (Sold on 17 Feb 1995)
  • Flat
    • The average price is around £60,091 median price is £59,000 Standard Deviation is £26,830 with Total Sold: 126
    • The Last 5 Year average price is £83,600 with Total Sold: 15
    • The most recent sale happened at this postcode is , 10 ACORN SQUARE: £75,000 (Sold on 27 Jun 2024)
    • The first recorded sale happened at this postcode is , 9A OAKFIELD PARK: £35,000 (Sold on 21 Feb 1995)
  • Other
    • The average price is around £474,899 median price is £115,000 Standard Deviation is £1,596,020 with Total Sold: 25
    • The Last 5 Year average price is £591,679 with Total Sold: 18
    • The most recent sale happened at this postcode is , 8A FRONT STREET: £798,650 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is 2, ARTWELL MEWS SWALWELL CLOSE: £300,000 (Sold on 29 Nov 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£276,4297
2023£286,077 £2,532 13
2022£252,068 £2,445 22
2021£247,976 £2,268 21
2020£229,538 £2,033 12
2019£204,995 £2,084 20
2018£242,600 £2,064 20
2017£199,697 £2,057 15
2016£230,975 £1,874 20
2015£204,600 £1,897 20
2014£211,462 £1,897 16
2013£192,829 £1,852 12
2012£213,423 £2,039 13
2011£203,650 £1,671 15
2010£206,119 £1,865 8
2009£206,867 £1,835 12
2008£264,925 £1,947 10
2007£232,945 £1,838 22
2006£222,545 £2,137 29
2005£212,485 £1,698 31
2004£210,546 £1,656 71
2003£175,970 £1,555 74
2002£124,594 £1,187 62
2001£107,753 £1,022 64
2000£102,071 £889 49
1999£99,364 £854 58
1998£84,960 £852 66
1997£81,829 £780 63
1996£76,232 £693 12
1995£71,500 £514 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£202,2229
2023£149,912 £1,778 17
2022£158,456 £1,983 19
2021£177,498 £1,914 21
2020£141,173 £1,822 18
2019£123,072 £1,443 20
2018£136,109 £1,552 22
2017£152,841 £1,578 22
2016£147,900 £1,669 20
2015£135,650 £1,523 20
2014£134,304 £1,415 25
2013£124,854 £1,468 24
2012£156,500 £1,620 16
2011£114,912 £1,380 24
2010£133,912 £1,455 18
2009£129,338 £1,454 13
2008£145,232 £1,450 17
2007£133,898 £1,652 30
2006£139,025 £1,603 30
2005£143,679 £1,561 37
2004£120,144 £1,409 50
2003£92,257 £1,102 44
2002£80,682 £915 56
2001£60,889 £708 44
2000£58,379 £703 33
1999£51,918 £597 36
1998£54,065 £670 44
1997£53,508 £624 38
1996£41,158 £467 19
1995£44,433 £511 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£126,583 £1,221 6
2023£154,718 £2,049 11
2022£125,168 £1,599 20
2021£114,747 £1,566 21
2020£103,824 £1,102 13
2019£143,179 £1,531 17
2018£110,786 £1,358 14
2017£98,514 £1,216 18
2016£111,997 £1,271 19
2015£109,540 £1,407 11
2014£110,857 £1,268 14
2013£85,163 £1,107 15
2012£115,465 £1,469 13
2011£94,158 £1,268 12
2010£130,000 £1,165 6
2009£107,056 £1,188 9
2008£121,994 £1,619 17
2007£130,697 £1,579 28
2006£114,662 £1,375 24
2005£88,744 £1,177 25
2004£105,876 £1,390 25
2003£70,896 £971 38
2002£55,169 £658 37
2001£43,420 £559 32
2000£43,127 £556 24
1999£38,270 £432 33
1998£39,402 £468 22
1997£40,089 £450 19
1996£31,020 £365 17
1995£44,409 £424 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£75,0001
2023£96,200 £1,681 5
2022£76,833 £1,350 3
2021£71,000 £1,543 1
2020£85,000 £1,595 1
2019£77,875 £1,516 4
2018£77,000 £1,670 2
2017£92,000 £1,586 1
2016£83,000 £1,782 2
2015£68,000 £1,333 1
2014£66,333 £1,485 3
2013£73,625 £1,560 4
2012£101,000 £1,614 1
2011£92,500 £1,736 1
2010£72,500 £1,008 1
2008£75,500 £1,667 2
2007£79,369 £1,584 8
2006£90,750 £1,770 6
2005£93,181 £1,784 8
2004£77,071 £1,718 7
2003£66,992 £1,390 6
2002£38,581 £822 18
2001£39,033 £803 6
2000£36,400 £787 6
1999£34,244 £737 17
1998£36,000 £676 1
1997£32,475 £584 2
1996£24,500 £444 2
1995£30,250 £487 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£409,3252
2022£205,855 £1,409 5
2021£82,250 £1,638 4
2020£1,675,658 £32,380 5
2019£47,5002
2018£160,125 £3,152 2
2017£167,333 £1,579 3
2015£100,0001
2013£300,000 £4,110 1

House Type in NE42 5AB area

The most common house types in the NE42 5AB postcode area are Terraced (67), Semi-detached (33), and Flat (21).

Total138
Terraced67
Semi-detached33
Flat21
Shared house6
commercial building6
Detached4
converted building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (41), and Owned: Owns outright (33).

Private rented: Private landlord or letting agency41
Owned: Owns outright33
Owned: Owns with a mortgage or loan29
Social rented: Rents from council or Local Authority15
Social rented: Other social rented14
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE42 5AB have 1 person in household (60), and 2 people in household (47).

1 person in household60
2 people in household47
3 people in household18
4 people in household7
5 people in household4
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0