Housing Market Analysis for OAKTREE TERRACE, NE42 5BH

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £65,366 median price is £59,500 Standard Deviation is £30,705 with Total Sold: 16
    • The Last 5 Year average price is £115,650 with Total Sold: 3
    • The most recent sale happened at this postcode is 2 OAKTREE TERRACE: £122,000 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is 8 OAKTREE TERRACE: £35,700 (Sold on 10 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE42 5BH 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
2024£122,0001
2022£129,950 £1,326 1
2021£95,000 £908 1
2012£70,000 £921 1
2009£65,000 £657 1
2004£96,000 £1,175 1
2003£74,975 £768 2
2002£47,000 £506 2
2000£39,500 £575 2
1999£37,500 £486 2
1997£34,250 £504 1
1996£35,7001

All the Sales in the OAKTREE TERRACE, NE42 5BH

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

AddressSold DatePrice% Change
2 OAKTREE TERRACETerraced, Freehold22 Mar 2024£122,00028.42%
09 Jun 2021£95,000First Sale
4 OAKTREE TERRACETerraced, FreeholdArea: 98 Sq.mtrAge: 1900-192925 Feb 2022£129,95085.64%
30 May 2003£70,000First Sale
9 OAKTREE TERRACETerraced, FreeholdArea: 76 Sq.mtrAge: 1900-192917 Jan 2012£70,000104.38%
07 Feb 1997£34,250First Sale
3 OAKTREE TERRACETerraced, FreeholdArea: 99 Sq.mtrAge: 1930-194922 May 2009£65,000First Sale
6 OAKTREE TERRACETerraced, FreeholdArea: 81.7 Sq.mtrAge: 1900-192927 Feb 2004£96,000First Sale
1 OAKTREE TERRACETerraced, FreeholdArea: 97.2 Sq.mtrAge: 1900-192911 Apr 2003£79,95083.79%
22 Sep 1999£43,500First Sale
10 OAKTREE TERRACETerraced, FreeholdArea: 79.08 Sq.mtrAge: 1900-192928 Mar 2002£40,000First Sale
11 OAKTREE TERRACETerraced, Freehold17 Jan 2002£54,00021.35%
26 May 2000£44,500First Sale
5 OAKTREE TERRACETerraced, FreeholdArea: 60 Sq.mtrAge: 1930-194924 Jan 2000£34,5009.52%
15 Jan 1999£31,500First Sale
8 OAKTREE TERRACETerraced, Freehold10 Dec 1996£35,700First Sale

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

OAKTREE TERRACE, NE42 5BH Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £88,631 median price is £86,000 Standard Deviation is £47,325 with Total Sold: 464
    • The Last 5 Year average price is £128,831 with Total Sold: 72
    • 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 , 15 NEALE STREET: £39,000 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £109,643 median price is £110,000 Standard Deviation is £60,552 with Total Sold: 604
    • The Last 5 Year average price is £162,206 with Total Sold: 82
    • The most recent sale happened at this postcode is , 60 HILLCREST: £165,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 18 CHEVIOT VIEW: £31,000 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £869,242 median price is £136,000 Standard Deviation is £2,233,912 with Total Sold: 12
    • The Last 5 Year average price is £1,095,072 with Total Sold: 9
    • 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)
  • Detached
    • The average price is around £169,474 median price is £160,000 Standard Deviation is £89,043 with Total Sold: 166
    • The Last 5 Year average price is £288,059 with Total Sold: 17
    • The most recent sale happened at this postcode is , 36 MOOR ROAD: £300,000 (Sold on 23 Nov 2023)
    • The first recorded sale happened at this postcode is , 15 PADDOCK WOOD: £87,000 (Sold on 11 Apr 1995)
  • Flat
    • The average price is around £60,482 median price is £53,000 Standard Deviation is £27,499 with Total Sold: 111
    • The Last 5 Year average price is £87,292 with Total Sold: 12
    • The most recent sale happened at this postcode is , 11 OAKFIELD PARK: £99,500 (Sold on 28 Sep 2023)
    • The first recorded sale happened at this postcode is , 9A OAKFIELD PARK: £35,000 (Sold on 21 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£133,625 £1,221 4
2023£127,994 £1,650 9
2022£130,723 £1,547 13
2021£123,289 £1,691 18
2020£110,101 £1,160 12
2019£146,847 £1,614 16
2018£115,500 £1,433 11
2017£105,286 £1,253 14
2016£118,719 £1,274 18
2015£122,206 £1,541 7
2014£113,083 £1,329 12
2013£89,842 £1,138 13
2012£132,686 £1,516 11
2011£95,626 £1,277 11
2010£130,000 £1,165 6
2009£107,056 £1,188 9
2008£126,636 £1,590 14
2007£106,205 £1,513 22
2006£119,291 £1,423 22
2005£88,782 £1,151 20
2004£106,189 £1,469 18
2003£72,756 £938 27
2002£55,305 £653 29
2001£45,170 £578 25
2000£45,447 £572 18
1999£39,468 £436 28
1998£41,074 £476 19
1997£41,262 £451 16
1996£31,858 £362 13
1995£48,444 £449 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,429 £2,158 7
2023£175,853 £2,058 17
2022£170,974 £2,069 11
2021£179,403 £2,118 16
2020£148,112 £1,791 13
2019£136,822 £1,631 18
2018£142,496 £1,807 12
2017£164,248 £1,816 20
2016£152,712 £1,668 21
2015£140,298 £1,528 20
2014£142,897 £1,594 18
2013£122,667 £1,421 12
2012£132,688 £1,584 16
2011£115,233 £1,421 21
2010£140,394 £1,597 17
2009£128,153 £1,630 13
2008£141,790 £1,525 15
2007£139,350 £1,690 27
2006£134,726 £1,655 17
2005£143,020 £1,522 25
2004£113,328 £1,268 37
2003£92,523 £1,023 31
2002£68,772 £780 18
2001£58,762 £726 33
2000£56,338 £683 29
1999£48,057 £521 30
1998£47,781 £549 27
1997£50,275 £633 24
1996£40,485 £446 17
1995£46,450 £482 22
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£798,6501
2022£181,0002
2021£117,500 £1,638 2
2020£4,182,500 £97,059 2
2019£47,5002
2018£175,2501
2015£100,0001
2013£300,000 £4,110 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£386,500 £2,526 5
2022£150,000 £2,459 1
2021£290,900 £2,281 5
2020£257,500 £1,953 2
2019£211,250 £1,840 4
2018£213,750 £1,869 4
2017£205,400 £2,295 5
2016£229,300 £1,967 10
2015£182,571 £1,956 7
2014£215,833 £1,929 3
2013£165,600 £1,713 5
2012£209,667 £2,197 3
2011£115,000 £1,350 3
2010£204,571 £1,716 7
2009£234,238 £1,959 4
2008£224,000 £2,115 5
2007£236,300 £2,874 4
2006£245,890 £1,661 10
2005£188,190 £2,044 5
2004£211,625 £1,969 4
2003£176,512 £1,527 8
2002£122,817 £1,123 6
2001£105,129 £844 14
2000£76,733 £791 6
1999£86,272 £664 6
1998£69,909 £734 17
1997£59,044 £507 8
1996£73,0002
1995£82,333 £558 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£96,200 £1,681 5
2022£82,750 £1,303 2
2021£71,000 £1,543 1
2020£85,000 £1,595 1
2019£81,667 £1,529 3
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
2007£80,707 £1,591 7
2006£93,300 £1,870 5
2005£101,583 £1,784 6
2004£77,071 £1,718 7
2003£66,992 £1,390 6
2002£38,997 £838 17
2001£39,033 £803 6
2000£37,770 £835 5
1999£34,244 £737 17
1998£36,000 £676 1
1997£35,000 £603 1
1996£29,0001
1995£29,700 £487 5

House Type in NE42 5BH area

The most common house types in the NE42 5BH postcode area are Semi-detached (61), Terraced (46), and Detached (24).

Total133
Semi-detached61
Terraced46
Detached24
Flat1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright43
Owned: Owns with a mortgage or loan43
Social rented: Rents from council or Local Authority17
Social rented: Other social rented15
Private rented: Private landlord or letting agency13
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE42 5BH have 2 people in household (55), and 1 person in household (31).

2 people in household55
1 person in household31
3 people in household21
4 people in household18
5 people in household8
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0