Housing Market Analysis for REDBURN CLOSE, NE42 5PJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £366,250 median price is £352,500 Standard Deviation is £31,893 with Total Sold: 8
    • The Last 5 Year average price is £435,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 REDBURN CLOSE: £435,000 (Sold on 04 May 2022)
    • The first recorded sale happened at this postcode is 6 REDBURN CLOSE: £345,000 (Sold on 14 Oct 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average NE42 5PJ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£435,000 £2,806 1
2015£376,667 £1,933 3
2014£341,250 £2,011 4

All the Sales in the REDBURN CLOSE, NE42 5PJ

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

AddressSold DatePrice% Change
2 REDBURN CLOSEDetached, FreeholdArea: 155 Sq.mtr04 May 2022£435,00031.82%
05 Dec 2014£330,000First Sale
1 REDBURN CLOSEDetached, FreeholdArea: 183 Sq.mtr04 Dec 2015£360,000First Sale
4 REDBURN CLOSEDetached, FreeholdArea: 201 Sq.mtr08 Oct 2015£385,000First Sale
3 REDBURN CLOSEDetached, FreeholdArea: 201 Sq.mtr20 Mar 2015£385,000First Sale
7 REDBURN CLOSEDetached, FreeholdArea: 175 Sq.mtr16 Dec 2014£345,000First Sale
5 REDBURN CLOSEDetached, FreeholdArea: 175 Sq.mtr24 Oct 2014£345,000First Sale
6 REDBURN CLOSEDetached, FreeholdArea: 175 Sq.mtr14 Oct 2014£345,000First Sale

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

REDBURN CLOSE, NE42 5PJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £266,486 median price is £245,000 Standard Deviation is £76,996 with Total Sold: 159
    • The Last 5 Year average price is £295,234 with Total Sold: 54
    • 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 , 14 MOOR GRANGE: £87,500 (Sold on 10 Mar 1998)
  • Semi-Detached
    • The average price is around £130,310 median price is £140,000 Standard Deviation is £55,075 with Total Sold: 251
    • The Last 5 Year average price is £175,207 with Total Sold: 55
    • The most recent sale happened at this postcode is , 83 PARK LANE: £177,000 (Sold on 18 Mar 2024)
    • The first recorded sale happened at this postcode is , 23 PARK AVENUE: £58,950 (Sold on 19 May 1995)
  • Terraced
    • The average price is around £134,903 median price is £125,000 Standard Deviation is £38,397 with Total Sold: 21
    • The Last 5 Year average price is £156,036 with Total Sold: 7
    • The most recent sale happened at this postcode is , 8 FERN CLOSE: £124,250 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is , 17 PARK LANE: £75,000 (Sold on 25 Apr 1995)
  • Other
    • The average price is around £3,669,175 median price is £3,669,175 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , PRUDHOE HOSPITAL : £3,669,175 (Sold on 27 Mar 2017)
    • The first recorded sale happened at this postcode is , PRUDHOE HOSPITAL : £3,669,175 (Sold on 27 Mar 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£440,0001
2023£307,083 £2,790 6
2022£343,294 £2,789 8
2021£293,950 £2,456 13
2020£263,525 £2,528 22
2019£323,715 £2,316 4
2018£241,515 £2,317 15
2017£266,040 £2,109 10
2016£308,259 £2,122 17
2015£269,040 £2,037 15
2014£271,000 £2,100 15
2013£253,439 £2,008 12
2010£200,000 £2,454 2
2009£258,983 £1,856 3
2008£270,000 £1,942 1
2007£183,950 £2,874 1
2006£249,950 £1,872 1
2005£172,500 £2,422 2
2004£168,500 £2,456 2
2003£193,4752
2002£180,000 £1,139 1
2001£134,333 £1,114 3
2000£70,0001
1998£80,250 £554 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£192,333 £2,158 3
2023£195,250 £2,316 8
2022£203,000 £2,229 4
2021£174,455 £2,224 11
2020£167,201 £1,917 14
2019£161,706 £1,960 15
2018£154,504 £2,027 9
2017£157,677 £2,035 11
2016£161,494 £1,721 8
2015£162,950 £1,662 11
2014£150,143 £2,014 7
2013£127,425 £1,734 10
2012£124,000 £1,862 5
2011£146,667 £1,921 3
2010£131,375 £1,743 4
2009£143,798 £2,032 5
2008£155,656 £1,468 9
2007£158,842 £1,973 13
2006£145,500 £1,942 5
2005£144,250 £1,584 8
2004£143,163 £1,827 15
2003£118,295 £1,545 10
2002£75,375 £765 4
2001£67,311 £830 9
2000£57,056 £738 8
1999£53,612 £505 13
1998£52,620 £597 10
1997£51,681 £680 8
1996£51,890 £587 5
1995£49,128 £332 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£152,125 £1,912 2
2021£185,000 £2,803 1
2020£149,000 £1,813 2
2019£152,500 £2,037 2
2018£116,500 £1,765 1
2017£135,875 £1,609 2
2016£182,0001
2015£112,500 £1,630 1
2014£155,000 £1,598 1
2013£106,491 £1,481 4
2012£192,500 £1,386 1
2006£156,500 £1,701 1
1995£64,000 £576 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£3,669,1751

House Type in NE42 5PJ area

The most common house types in the NE42 5PJ postcode area are Semi-detached (106), Detached (72), and Terraced (9).

Total188
Semi-detached106
Detached72
Terraced9
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (93), and Owned: Owns with a mortgage or loan (81).

Owned: Owns outright93
Owned: Owns with a mortgage or loan81
Private rented: Private landlord or letting agency9
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE42 5PJ have 2 people in household (72), and 1 person in household (42).

2 people in household72
1 person in household42
3 people in household37
4 people in household26
5 people in household8
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0