Housing Market Analysis for PARK LANE, NE42 5LN

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £153,600 median price is £146,000 Standard Deviation is £58,753 with Total Sold: 20
    • The Last 5 Year average price is £221,125 with Total Sold: 4
    • The most recent sale happened at this postcode is 27 PARK LANE: £250,000 (Sold on 31 Aug 2023)
    • The first recorded sale happened at this postcode is 1 PARK LANE: £45,000 (Sold on 08 Jan 1999)
  • Detached
    • The average price is around £191,000 median price is £191,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 18 PARK LANE: £191,000 (Sold on 15 May 2015)
    • The first recorded sale happened at this postcode is 18 PARK LANE: £191,000 (Sold on 15 May 2015)
  • Terraced
    • The average price is around £75,000 median price is £75,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 17 PARK LANE: £75,000 (Sold on 25 Apr 1995)
    • The first recorded sale happened at this postcode is 17 PARK LANE: £75,000 (Sold on 25 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE42 5LN 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£250,000 £2,841 1
2022£275,000 £2,115 1
2021£196,500 £2,848 1
2019£163,000 £1,065 1
2017£265,000 £2,325 1
2015£160,000 £1,450 2
2014£160,000 £2,025 1
2013£157,000 £1,894 1
2012£140,000 £1,754 1
2010£120,000 £1,448 1
2008£135,000 £1,184 1
2007£142,500 £1,924 2
2004£140,333 £876 3
2003£71,0001
1999£56,750 £294 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£191,000 £2,247 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£75,0001

All the Sales in the PARK LANE, NE42 5LN

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

AddressSold DatePrice% Change
27 PARK LANESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1930-194931 Aug 2023£250,000First Sale
19 PARK LANESemi-Detached, FreeholdArea: 130 Sq.mtrAge: 1930-194905 Oct 2022£275,000First Sale
2 PARK LANESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1930-194902 Sep 2021£196,500First Sale
1 PARK LANESemi-Detached, FreeholdArea: 153 Sq.mtrAge: 1950-196617 Dec 2019£163,00021.64%
20 May 2004£134,000197.78%
08 Jan 1999£45,000First Sale
4 PARK LANESemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1930-194903 Aug 2017£265,00096.30%
15 Jan 2008£135,000First Sale
35 PARK LANESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1930-194914 Aug 2015£140,000First Sale
18 PARK LANEDetached, FreeholdArea: 85 Sq.mtrAge: 1967-197515 May 2015£191,000First Sale
8 PARK LANESemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1930-194911 Mar 2015£180,000First Sale
5 PARK LANESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-196629 Sep 2014£160,0005.26%
17 Aug 2007£152,000First Sale
21 PARK LANESemi-Detached, FreeholdArea: 82.88 Sq.mtrAge: 1930-194902 Aug 2013£157,00030.83%
29 Sep 2010£120,000First Sale
31 PARK LANESemi-Detached, FreeholdArea: 79.81 Sq.mtrAge: 1930-194929 Feb 2012£140,000First Sale
11 PARK LANESemi-Detached, Freehold28 Nov 2007£133,000First Sale
7 PARK LANESemi-Detached, Freehold04 Aug 2004£119,000First Sale
25 PARK LANESemi-Detached, Freehold11 May 2004£168,000136.62%
27 Aug 2003£71,0003.65%
27 Aug 1999£68,500First Sale
17 PARK LANETerraced, Freehold25 Apr 1995£75,000First Sale

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

PARK LANE, NE42 5LN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £92,467 median price is £88,400 Standard Deviation is £50,011 with Total Sold: 285
    • The Last 5 Year average price is £134,563 with Total Sold: 49
    • 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 , 17 PARK LANE: £75,000 (Sold on 25 Apr 1995)
  • Semi-Detached
    • The average price is around £111,434 median price is £110,000 Standard Deviation is £62,063 with Total Sold: 536
    • The Last 5 Year average price is £166,888 with Total Sold: 72
    • 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)
  • Detached
    • The average price is around £186,706 median price is £180,000 Standard Deviation is £96,987 with Total Sold: 165
    • The Last 5 Year average price is £310,438 with Total Sold: 16
    • The most recent sale happened at this postcode is , 3 MULBERRY CLOSE: £440,000 (Sold on 14 Jun 2024)
    • 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 £57,381 median price is £50,000 Standard Deviation is £30,132 with Total Sold: 49
    • The Last 5 Year average price is £92,333 with Total Sold: 6
    • 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)
  • Other
    • The average price is around £1,269,607 median price is £132,000 Standard Deviation is £2,850,165 with Total Sold: 7
    • The Last 5 Year average price is £1,452,000 with Total Sold: 6
    • The most recent sale happened at this postcode is , 20 FRONT STREET: £132,000 (Sold on 11 Nov 2022)
    • The first recorded sale happened at this postcode is , 24 FRONT STREET: £175,250 (Sold on 20 Dec 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,667 £1,221 3
2023£123,738 £1,547 4
2022£141,711 £1,692 9
2021£134,264 £1,871 14
2020£115,143 £1,250 7
2019£146,712 £1,515 12
2018£126,312 £1,544 8
2017£110,525 £1,275 10
2016£128,870 £1,340 12
2015£105,317 £1,344 3
2014£127,286 £1,481 7
2013£89,556 £1,140 9
2012£145,944 £1,687 8
2011£97,556 £1,306 7
2010£176,333 £1,457 3
2009£100,125 £1,199 4
2008£139,643 £1,596 7
2007£107,495 £1,573 11
2006£116,086 £1,450 11
2005£85,221 £1,169 12
2004£104,700 £1,308 12
2003£73,020 £936 20
2002£56,108 £658 13
2001£44,265 £522 16
2000£50,315 £583 13
1999£39,684 £433 16
1998£39,127 £477 15
1997£45,064 £443 11
1996£22,412 £227 4
1995£57,250 £607 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,429 £2,158 7
2023£177,500 £2,011 15
2022£184,523 £2,180 9
2021£185,246 £2,135 14
2020£155,445 £1,683 10
2019£139,576 £1,660 17
2018£144,695 £1,782 10
2017£163,682 £1,834 19
2016£151,219 £1,691 18
2015£142,682 £1,545 19
2014£153,810 £1,710 15
2013£123,818 £1,381 11
2012£136,643 £1,569 14
2011£123,367 £1,497 15
2010£149,592 £1,538 13
2009£130,916 £1,638 12
2008£143,704 £1,495 14
2007£139,350 £1,690 27
2006£131,412 £1,584 13
2005£146,098 £1,484 21
2004£115,782 £1,313 36
2003£93,061 £1,067 28
2002£68,772 £780 18
2001£59,727 £728 27
2000£55,377 £664 26
1999£50,298 £524 26
1998£47,462 £554 24
1997£50,275 £633 24
1996£42,087 £489 15
1995£46,061 £464 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£440,0001
2023£356,875 £2,468 4
2022£435,000 £2,806 1
2021£290,900 £2,281 5
2020£257,500 £1,953 2
2019£231,667 £1,840 3
2018£213,750 £1,869 4
2017£216,750 £2,295 4
2016£254,846 £1,980 13
2015£240,800 £1,949 10
2014£312,083 £2,059 6
2013£192,000 £1,630 3
2012£209,667 £2,197 3
2011£137,500 £1,441 2
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£188,121 £1,519 7
2002£122,817 £1,123 6
2001£105,129 £844 14
2000£80,090 £765 5
1999£91,526 £664 5
1998£71,216 £751 16
1997£63,908 £555 7
1996£73,0002
1995£82,333 £558 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£99,667 £1,547 3
2020£85,000 £1,595 1
2019£85,000 £1,478 2
2018£73,000 £1,587 1
2017£92,000 £1,586 1
2014£53,000 £1,104 1
2013£82,000 £1,404 1
2011£92,500 £1,736 1
2007£69,625 £1,492 4
2006£93,333 £1,727 3
2005£117,500 £1,848 2
2003£63,238 £1,240 4
2002£34,833 £717 6
2001£34,750 £605 4
2000£29,725 £641 2
1999£32,550 £645 5
1998£36,000 £676 1
1997£35,000 £603 1
1996£29,0001
1995£29,700 £487 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£132,0001
2021£117,500 £1,638 2
2020£8,250,000 £97,059 1
2019£47,5002
2018£175,2501

House Type in NE42 5LN area

The most common house types in the NE42 5LN postcode area are Semi-detached (100), Detached (29), and Terraced (4).

Total133
Semi-detached100
Detached29
Terraced4
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 (81), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright81
Owned: Owns with a mortgage or loan42
Private rented: Private landlord or letting agency3
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE42 5LN have 2 people in household (47), and 1 person in household (34).

2 people in household47
1 person in household34
3 people in household23
4 people in household20
5 people in household5
8 or more people in household2
0 people in household0
6 people in household0
7 people in household0