Housing Market Analysis for PARK LANE, NE42 5LW

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £121,683 median price is £135,500 Standard Deviation is £48,092 with Total Sold: 46
- The Last 5 Year average price is £179,750 with Total Sold: 4
- The most recent sale happened at this postcode is 91 PARK LANE: £150,000 (Sold on 12 Jan 2024)
- The first recorded sale happened at this postcode is 83 PARK LANE: £177,000 (Sold on 18 Mar 2024)
Terraced
- The average price is around £164,750 median price is £173,500 Standard Deviation is £24,293 with Total Sold: 6
- The Last 5 Year average price is £178,333 with Total Sold: 3
- The most recent sale happened at this postcode is 45 PARK LANE: £185,000 (Sold on 05 Nov 2021)
- The first recorded sale happened at this postcode is 89 PARK LANE: £155,000 (Sold on 08 Aug 2014)
Detached
- The average price is around £126,000 median price is £115,000 Standard Deviation is £48,394 with Total Sold: 3
- The most recent sale happened at this postcode is 56 PARK LANE: £115,000 (Sold on 29 Jul 2010)
- The first recorded sale happened at this postcode is 40 PARK LANE: £73,000 (Sold on 23 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE42 5LW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£163,500	£2,158	2
2023	£200,000	£2,105	1
2021	£192,000	£3,262	1
2018	£159,950	£2,717	1
2017	£154,475	£1,879	2
2016	£132,250	£1,840	2
2015	£176,650	£1,840	3
2014	£130,000	£1,711	1
2012	£119,500	£2,131	2
2011	£156,500	£1,768	2
2010	£142,500	£1,281	1
2009	£160,750	£2,616	2
2008	£141,225	£1,574	4
2007	£148,333	£1,913	3
2005	£150,500	£1,772	2
2004	£138,000	£1,646	2
2003	£90,000	£1,364	1
2002	£68,750	£968	2
2001	£67,150	£907	3
1999	£51,000	£458	1
1998	£51,983	£726	3
1997	£51,500		1
1996	£49,483	£587	3
1995	£46,315	£250	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£185,000	£2,803	1
2020	£185,000	£2,011	1
2019	£165,000	£2,500	1
2018	£116,500	£1,765	1
2016	£182,000		1
2014	£155,000	£1,598	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2010	£115,000	£2,442	1
2005	£190,000		1
1998	£73,000		1

All the Sales in the PARK LANE, NE42 5LW

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

Address	Sold Date	Price	% Change
91 PARK LANESemi-Detached, FreeholdArea: 75.48 Sq.mtrAge: 1950-1966	12 Jan 2024	£150,000	3.45%
	27 Apr 2011	£145,000	173.58%
	18 Dec 1998	£53,000	First Sale
85 PARK LANESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1976-1982	21 Jul 2023	£200,000	11.14%
	11 Sep 2015	£179,950	13.89%
	11 Mar 2005	£158,000	143.08%
	30 Mar 2001	£65,000	First Sale
45 PARK LANETerraced, FreeholdArea: 66 Sq.mtrAge: 1950-1966	05 Nov 2021	£185,000	12.12%
	09 Dec 2019	£165,000	41.63%
	20 Aug 2018	£116,500	First Sale
49 PARK LANESemi-Detached, FreeholdArea: 58.86 Sq.mtrAge: 1967-1975	22 Sep 2021	£192,000	20.04%
	20 Aug 2018	£159,950	3.86%
	21 Aug 2009	£154,000	131.58%
	12 Oct 2001	£66,500	First Sale
64 PARK LANETerraced, FreeholdArea: 92 Sq.mtrAge: 1950-1966	23 Jun 2020	£185,000	First Sale
79 PARK LANESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1967-1975	24 Nov 2017	£123,950	First Sale
89 PARK LANESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1967-1975	10 Mar 2017	£185,000	5.71%
	22 May 2015	£175,000	12.90%
	08 Aug 2014	£155,000	First Sale
72 PARK LANETerraced, Freehold	01 Sep 2016	£182,000	First Sale
54 PARK LANESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	25 Aug 2016	£142,500	First Sale
51 PARK LANESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1950-1966	24 Jun 2016	£122,000	First Sale
53 PARK LANESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	29 May 2015	£175,000	40.00%
	27 Jun 2008	£125,000	-21.88%
	18 Apr 2008	£160,000	18.52%
	26 Apr 2004	£135,000	First Sale
83 PARK LANESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-1966	13 Aug 2014	£130,000	-9.09%
	16 Sep 2005	£143,000	1.42%
	28 May 2004	£141,000	90.54%
	15 Mar 2002	£74,000	-58.19%
	18 Mar 2024	£177,000	First Sale
71 PARK LANESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1967-1975	12 Oct 2012	£134,000	-8.22%
	18 Sep 2007	£146,000	62.22%
	14 Feb 2003	£90,000	75.61%
	18 Dec 1996	£51,250	First Sale
55 PARK LANESemi-Detached, FreeholdArea: 47.03 Sq.mtrAge: 1950-1966	15 Jun 2012	£105,000	First Sale
75 PARK LANESemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1967-1975	27 Apr 2011	£168,000	First Sale
67 PARK LANESemi-Detached, FreeholdArea: 111.28 Sq.mtrAge: 1950-1966	13 Dec 2010	£142,500	179.41%
	24 Sep 1999	£51,000	First Sale
56 PARK LANEDetached, FreeholdArea: 47.09 Sq.mtrAge: 1950-1966	29 Jul 2010	£115,000	First Sale
57 PARK LANESemi-Detached, Freehold	04 Sep 2009	£167,500	225.24%
57 PARK LANESemi-Detached, Freehold	07 Nov 1997	£51,500	First Sale
43 PARK LANESemi-Detached, Freehold	01 Dec 2008	£162,500	First Sale
77 PARK LANESemi-Detached, FreeholdArea: 69.5 Sq.mtrAge: 1967-1975	08 Feb 2008	£117,400	First Sale
52 PARK LANESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1930-1949	03 Jul 2007	£163,000	305.47%
	30 Jan 1996	£40,200	First Sale
60 PARK LANESemi-Detached, Freehold	08 Mar 2007	£136,000	First Sale
40 PARK LANEDetached, Freehold	18 Aug 2005	£190,000	160.27%
40 PARK LANEDetached, Freehold	23 Jul 1998	£73,000	First Sale
69 PARK LANESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1950-1966	31 May 2002	£63,500	First Sale
37 PARK LANESemi-Detached, Freehold	29 Jun 2001	£69,950	First Sale
65 PARK LANESemi-Detached, Freehold	22 Jun 1998	£43,000	First Sale
59 PARK LANESemi-Detached, Freehold	17 Apr 1998	£59,950	First Sale
73 PARK LANESemi-Detached, Freehold	21 Jun 1996	£57,000	First Sale
41 PARK LANESemi-Detached, FreeholdArea: 185 Sq.mtrAge: 1930-1949	08 Dec 1995	£46,315	First Sale

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

PARK LANE, NE42 5LW Near By properties

Interactive Map

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

Terraced
- The average price is around £93,757 median price is £94,000 Standard Deviation is £50,031 with Total Sold: 240
- The Last 5 Year average price is £131,209 with Total Sold: 46
- 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 £111,802 median price is £110,000 Standard Deviation is £62,340 with Total Sold: 519
- The Last 5 Year average price is £167,061 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 £209,735 median price is £214,950 Standard Deviation is £100,111 with Total Sold: 183
- The Last 5 Year average price is £319,339 with Total Sold: 19
- 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)
Other
- The average price is around £4,127,500 median price is £4,127,500 Standard Deviation is £4,122,500 with Total Sold: 2
- The Last 5 Year average price is £4,127,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 22 REDWELL ROAD: £8,250,000 (Sold on 03 Jul 2020)
- The first recorded sale happened at this postcode is , 2 HILLCREST: £5,000 (Sold on 05 May 2019)
Flat
- The average price is around £43,993 median price is £42,750 Standard Deviation is £18,744 with Total Sold: 14
- The most recent sale happened at this postcode is , 18A WESLEY STREET: £53,000 (Sold on 21 May 2014)
- The first recorded sale happened at this postcode is , 3B WESLEY STREET: £29,000 (Sold on 07 Jun 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£125,667	£1,221	3
2023	£123,738	£1,547	4
2022	£141,711	£1,692	9
2021	£129,131	£1,797	13
2020	£115,143	£1,250	7
2019	£140,355	£1,403	10
2018	£126,312	£1,544	8
2017	£111,694	£1,268	9
2016	£126,949	£1,332	11
2015	£105,317	£1,344	3
2014	£127,286	£1,481	7
2013	£90,214	£1,140	7
2012	£151,258	£1,711	6
2011	£97,556	£1,306	7
2010	£208,500	£1,457	2
2009	£100,125	£1,199	4
2008	£126,500	£1,596	5
2007	£112,945	£1,616	10
2006	£113,945	£1,450	10
2005	£87,328	£1,133	9
2004	£102,267	£1,262	9
2003	£74,853	£902	16
2002	£52,890	£713	10
2001	£40,229	£482	12
2000	£42,270	£523	10
1999	£36,923	£446	13
1998	£38,264	£453	11
1997	£45,712	£435	8
1996	£24,067	£241	3
1995	£57,250	£607	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£174,500	£2,158	6
2023	£177,500	£2,011	15
2022	£184,523	£2,180	9
2021	£185,068	£2,143	14
2020	£155,445	£1,683	10
2019	£139,600	£1,679	18
2018	£141,050	£1,772	9
2017	£164,997	£1,840	17
2016	£149,291	£1,729	17
2015	£142,682	£1,545	19
2014	£151,891	£1,742	17
2013	£120,200	£1,424	10
2012	£136,643	£1,569	14
2011	£123,367	£1,497	15
2010	£152,892	£1,551	12
2009	£130,916	£1,638	12
2008	£143,704	£1,495	14
2007	£139,350	£1,690	27
2006	£131,950	£1,580	12
2005	£150,029	£1,474	19
2004	£115,129	£1,303	34
2003	£93,713	£1,072	27
2002	£69,965	£780	17
2001	£58,313	£705	26
2000	£55,377	£664	26
1999	£50,720	£513	23
1998	£47,462	£554	24
1997	£50,200	£633	23
1996	£42,087	£489	15
1995	£46,120	£453	18

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£440,000		1
2023	£330,417	£2,543	6
2022	£460,000	£2,789	2
2021	£302,990	£2,173	5
2020	£257,500	£1,953	2
2019	£231,667	£1,840	3
2018	£203,333	£1,869	3
2017	£237,812	£2,259	8
2016	£283,119	£2,023	21
2015	£261,643	£1,993	14
2014	£269,167	£2,098	15
2013	£247,488	£2,030	8
2012	£173,500	£2,202	2
2011	£137,500	£1,441	2
2010	£207,000	£1,765	6
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	£178,738	£2,120	4
2004	£211,625	£1,969	4
2003	£197,817	£1,544	6
2002	£122,738	£1,079	4
2001	£102,158	£786	12
2000	£80,483	£657	3
1999	£85,532	£548	4
1998	£73,958	£787	13
1997	£63,908	£555	7
1996	£73,000		2
1995	£82,333	£558	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£8,250,000	£97,059	1
2019	£5,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£53,000	£1,104	1
2007	£65,000		1
2006	£79,000		1
2003	£64,975	£1,457	2
2002	£30,500	£894	2
2001	£33,833	£552	3
2000	£29,950		1
1999	£33,750	£794	2
1996	£29,000		1

House Type in NE42 5LW area

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

Total	133
Semi-detached	100
Detached	29
Terraced	4
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

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 outright	81
Owned: Owns with a mortgage or loan	42
Private rented: Private landlord or letting agency	3
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

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

2 people in household	47
1 person in household	34
3 people in household	23
4 people in household	20
5 people in household	5
8 or more people in household	2
0 people in household	0
6 people in household	0
7 people in household	0