Housing Market Analysis for THE CLOSE, NE42 5HY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £96,590 median price is £100,000 Standard Deviation is £27,173 with Total Sold: 5
    • The Last 5 Year average price is £117,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 THE CLOSE: £135,000 (Sold on 14 Apr 2022)
    • The first recorded sale happened at this postcode is 3 THE CLOSE: £100,000 (Sold on 02 May 2024)
  • Semi-Detached
    • The average price is around £72,000 median price is £72,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 THE CLOSE: £72,000 (Sold on 19 Mar 2013)
    • The first recorded sale happened at this postcode is 2 THE CLOSE: £72,000 (Sold on 19 Mar 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average NE42 5HY 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£135,000 £1,588 1
2015£96,000 £1,129 1
2006£102,000 £1,200 1
2003£49,950 £588 1
2024£100,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£72,000 £900 1

All the Sales in the THE CLOSE, NE42 5HY

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

AddressSold DatePrice% Change
5 THE CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-197514 Apr 2022£135,00040.62%
18 Sep 2015£96,000-5.88%
30 Jun 2006£102,000104.20%
17 Apr 2003£49,950First Sale
2 THE CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-196619 Mar 2013£72,000First Sale
3 THE CLOSETerraced, Freehold02 May 2024£100,000First Sale

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

THE CLOSE, NE42 5HY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £87,590 median price is £86,750 Standard Deviation is £48,709 with Total Sold: 364
    • The Last 5 Year average price is £109,527 with Total Sold: 53
    • The most recent sale happened at this postcode is , 11 COLDWELL ROAD: £105,000 (Sold on 24 Jul 2024)
    • The first recorded sale happened at this postcode is , 15 NEALE STREET: £39,000 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £179,511 median price is £179,950 Standard Deviation is £73,819 with Total Sold: 650
    • The Last 5 Year average price is £256,145 with Total Sold: 68
    • The most recent sale happened at this postcode is , 11 THE COPSE: £269,000 (Sold on 08 Jul 2024)
    • The first recorded sale happened at this postcode is , 15 PADDOCK WOOD: £87,000 (Sold on 11 Apr 1995)
  • Semi-Detached
    • The average price is around £97,913 median price is £95,000 Standard Deviation is £51,341 with Total Sold: 546
    • The Last 5 Year average price is £134,102 with Total Sold: 78
    • The most recent sale happened at this postcode is , 11 HILLCREST: £155,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 18 CHEVIOT VIEW: £31,000 (Sold on 28 Feb 1995)
  • Flat
    • The average price is around £68,398 median price is £68,000 Standard Deviation is £36,530 with Total Sold: 76
    • The Last 5 Year average price is £85,577 with Total Sold: 13
    • The most recent sale happened at this postcode is 20, THE MANORS ADDERLANE ROAD: £86,250 (Sold on 18 Apr 2024)
    • The first recorded sale happened at this postcode is , 18A FRONT STREET: £15,000 (Sold on 18 Aug 1995)
  • Other
    • The average price is around £653,048 median price is £136,000 Standard Deviation is £1,855,970 with Total Sold: 18
    • The Last 5 Year average price is £912,402 with Total Sold: 11
    • 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 , CLARENCE COTTAGE STANLEY CRESCENT: £125,500 (Sold on 28 Mar 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£107,500 £1,406 5
2023£114,492 £1,319 6
2022£106,071 £1,239 7
2021£124,157 £1,377 14
2020£91,519 £1,053 11
2019£109,305 £1,146 10
2018£115,687 £1,254 16
2017£97,926 £1,180 17
2016£103,587 £1,199 16
2015£101,556 £1,162 8
2014£105,227 £1,123 11
2013£87,495 £985 11
2012£89,400 £1,107 5
2011£98,050 £1,080 10
2010£85,000 £963 4
2009£110,372 £1,197 8
2008£126,250 £1,198 6
2007£133,540 £1,385 24
2006£94,082 £1,181 17
2005£94,008 £1,132 18
2004£99,194 £1,202 18
2003£81,980 £917 25
2002£66,893 £726 22
2001£39,394 £442 20
2000£45,031 £337 8
1999£36,950 £428 15
1998£33,262 £361 13
1997£34,405 £401 11
1996£29,167 £342 6
1995£36,500 £428 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£277,335 £3,104 6
2023£321,786 £2,504 7
2022£280,938 £2,516 16
2021£248,000 £2,361 16
2020£213,244 £2,058 8
2019£222,160 £2,052 15
2018£260,800 £1,967 15
2017£206,606 £2,059 16
2016£242,639 £1,751 18
2015£225,059 £1,805 16
2014£206,295 £1,936 10
2013£182,244 £1,774 8
2012£227,667 £2,111 12
2011£216,850 £1,880 10
2010£224,000 £1,738 8
2009£190,544 £1,969 9
2008£291,786 £2,099 7
2007£240,380 £1,922 25
2006£232,928 £2,115 30
2005£223,511 £1,863 23
2004£210,425 £1,659 65
2003£176,797 £1,511 65
2002£125,155 £1,136 66
2001£114,781 £1,007 91
2000£108,719 £929 22
1999£105,940 £905 27
1998£74,125 £812 20
1997£69,937 £671 15
1996£65,750 £439 2
1995£89,500 £558 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£202,5004
2023£120,538 £1,525 13
2022£136,515 £1,697 14
2021£155,882 £1,751 17
2020£127,584 £1,636 15
2019£107,197 £1,331 15
2018£114,939 £1,358 18
2017£107,269 £1,231 13
2016£131,000 £1,500 15
2015£123,607 £1,464 14
2014£104,839 £1,207 19
2013£103,926 £1,159 17
2012£124,000 £1,370 17
2011£102,242 £1,252 20
2010£103,772 £1,411 9
2009£115,731 £1,352 13
2008£132,079 £1,631 12
2007£117,175 £1,422 22
2006£128,737 £1,428 23
2005£127,680 £1,468 27
2004£112,533 £1,253 42
2003£82,696 £982 34
2002£73,088 £809 39
2001£51,761 £618 26
2000£46,144 £621 16
1999£33,134 £396 16
1998£36,147 £472 16
1997£41,254 £532 14
1996£27,792 £359 15
1995£31,355 £409 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£86,250 £1,297 2
2023£91,250 £1,369 4
2022£66,250 £945 2
2021£86,250 £1,346 4
2019£97,500 £1,476 1
2018£97,500 £1,476 1
2017£87,333 £1,369 3
2016£97,500 £1,455 1
2015£82,750 £1,261 2
2014£53,000 £1,104 1
2013£34,000 £472 1
2012£60,000 £923 1
2011£97,500 £1,529 2
2010£87,929 £1,297 7
2009£97,500 £1,486 3
2008£76,0001
2007£96,590 £1,582 5
2006£78,500 £1,472 2
2005£95,3173
2004£56,000 £1,298 3
2003£93,317 £1,410 3
2002£30,000 £650 10
2001£33,375 £480 4
2000£29,750 £594 2
1999£20,750 £535 2
1998£92,950 £845 1
1997£29,475 £467 2
1996£29,0001
1995£24,000 £190 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£419,0752
2022£177,319 £1,409 4
2021£72,0002
2020£8,250,000 £97,059 1
2019£47,5002
2018£254,4864
2017£570,0001
2016£5,000 £72 1
2014£125,500 £2,057 1

House Type in NE42 5HY area

The most common house types in the NE42 5HY postcode area are Terraced (65), Semi-detached (46), and Detached (3).

Total121
Terraced65
Semi-detached46
Detached3
Flat3
Shared house3
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (27), and Social rented: Rents from council or Local Authority (25).

Owned: Owns with a mortgage or loan27
Social rented: Rents from council or Local Authority25
Owned: Owns outright23
Social rented: Other social rented22
Private rented: Private landlord or letting agency19
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE42 5HY have 2 people in household (41), and 1 person in household (39).

2 people in household41
1 person in household39
3 people in household23
4 people in household15
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0