Housing Market Analysis for WELTON CLOSE, NE43 7EP

Are you looking to understand NE43 7EP 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 NE43 7EP area, explore the NE43 7EP Area information page.
For comprehensive crime statistics in the NE43 7EP area, explore the NE43 7EP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE43 7EP postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £113,870 median price is £132,000 Standard Deviation is £41,534 with Total Sold: 22
    • The Last 5 Year average price is £152,190 with Total Sold: 5
    • The most recent sale happened at this postcode is 6 WELTON CLOSE: £136,000 (Sold on 26 Jul 2023)
    • The first recorded sale happened at this postcode is 16 WELTON CLOSE: £46,000 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £116,333 median price is £74,000 Standard Deviation is £62,718 with Total Sold: 3
    • The Last 5 Year average price is £205,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 WELTON CLOSE: £205,000 (Sold on 26 Jun 2023)
    • The first recorded sale happened at this postcode is 2 WELTON CLOSE: £74,000 (Sold on 22 Mar 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE43 7EP 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
2023£136,000 £1,700 1
2022£158,333 £2,338 3
2020£149,950 £2,112 1
2017£136,000 £1,842 2
2013£121,250 £1,875 2
2011£120,000 £1,690 1
2010£135,000 £2,096 1
2008£132,500 £1,743 2
2006£140,000 £2,174 1
2005£135,000 £1,776 1
2004£144,000 £2,028 1
1999£49,250 £671 2
1997£49,500 £632 2
1996£47,200 £665 1
1995£46,000 £648 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£205,000 £1,798 1
2001£70,0001
2000£74,000 £649 1

All the Sales in the WELTON CLOSE, NE43 7EP

See the table below for more details on the sold house prices in the NE43 7EP, Northumberland postcode.

AddressSold DatePrice% Change
6 WELTON CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1976-198226 Jul 2023£136,000-2.86%
30 May 2008£140,000First Sale
2 WELTON CLOSESemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1967-197526 Jun 2023£205,000177.03%
22 Mar 2000£74,000First Sale
12 WELTON CLOSETerraced, FreeholdArea: 65 Sq.mtrAge: 1967-197511 Nov 2022£160,000First Sale
24 WELTON CLOSETerraced, FreeholdArea: 67.41 Sq.mtrAge: 1967-197502 Mar 2022£155,000First Sale
16 WELTON CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1967-197523 Feb 2022£160,0006.70%
09 Sep 2020£149,95024.96%
14 Jun 2011£120,000-16.67%
17 Dec 2004£144,000188.00%
01 Apr 1999£50,0005.93%
31 Oct 1996£47,2002.61%
13 Jan 1995£46,000First Sale
18 WELTON CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1930-194901 Sep 2017£143,00014.40%
27 Oct 2008£125,000First Sale
4 WELTON CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1950-196630 Jun 2017£129,000-4.44%
24 Nov 2005£135,000178.35%
22 Oct 1999£48,5001.04%
04 Jul 1997£48,000First Sale
28 WELTON CLOSETerraced, FreeholdArea: 64 Sq.mtrAge: 1967-197528 Aug 2013£120,000First Sale
22 WELTON CLOSETerraced, Freehold31 Jul 2013£122,500140.20%
02 Jun 1997£51,000First Sale
26 WELTON CLOSETerraced, FreeholdArea: 64.4 Sq.mtrAge: 1967-197525 Nov 2010£135,000-3.57%
31 Mar 2006£140,000First Sale
8 WELTON CLOSESemi-Detached, Freehold14 Dec 2001£70,000First Sale

Check out the sold house prices near the NE43 7EP postcode. Properties currently for saleProperties currently for rent

WELTON CLOSE, NE43 7EP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE43 7EP 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 NE43 7EP postcode.

  • Flat
    • The average price is around £60,702 median price is £56,625 Standard Deviation is £27,982 with Total Sold: 62
    • The Last 5 Year average price is £75,143 with Total Sold: 7
    • The most recent sale happened at this postcode is FLAT 15, FORD RISE BIRCHES NOOK: £55,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is FLAT 3, LADYWELL, 109 NEW RIDLEY ROAD: £35,000 (Sold on 13 Jun 1995)
  • Semi-Detached
    • The average price is around £179,992 median price is £170,000 Standard Deviation is £107,333 with Total Sold: 255
    • The Last 5 Year average price is £286,646 with Total Sold: 38
    • The most recent sale happened at this postcode is , 52 WELTON CLOSE: £217,000 (Sold on 24 Jun 2024)
    • The first recorded sale happened at this postcode is , 68 BIRKDENE: £50,050 (Sold on 16 Mar 1995)
  • Terraced
    • The average price is around £115,922 median price is £119,995 Standard Deviation is £57,713 with Total Sold: 189
    • The Last 5 Year average price is £177,133 with Total Sold: 33
    • The most recent sale happened at this postcode is , 86 NEW RIDLEY ROAD: £240,500 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 58 BIRKDENE: £59,000 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £421,125 median price is £378,623 Standard Deviation is £279,168 with Total Sold: 5
    • The Last 5 Year average price is £490,667 with Total Sold: 3
    • The most recent sale happened at this postcode is FLAT, GREENFIELD HOUSE BIRCHES NOOK: £140,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , 163 NEW RIDLEY ROAD: £255,000 (Sold on 17 Nov 2017)
  • Detached
    • The average price is around £363,931 median price is £285,000 Standard Deviation is £278,049 with Total Sold: 260
    • The Last 5 Year average price is £609,695 with Total Sold: 41
    • The most recent sale happened at this postcode is , ASHBOURNE, 29 APPERLEY ROAD: £722,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , 5 MEADOWFIELD ROAD: £180,000 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£72,0002
2023£100,000 £1,923 1
2022£62,500 £1,149 2
2021£77,000 £1,584 1
2019£80,000 £1,455 1
2018£63,333 £1,199 3
2017£92,750 £1,683 2
2016£85,875 £1,543 2
2015£57,500 £1,127 1
2014£95,000 £1,704 3
2012£65,000 £1,282 1
2010£67,000 £1,262 2
2009£88,000 £1,715 2
2008£63,000 £1,243 1
2007£104,9501
2006£96,0002
2005£95,000 £1,880 3
2004£78,975 £1,421 2
2003£39,950 £786 2
2002£52,180 £960 5
2001£40,145 £752 10
2000£33,000 £645 2
1999£32,2501
1998£37,900 £709 3
1997£33,000 £647 1
1996£29,675 £596 4
1995£32,000 £636 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,500 £2,386 5
2023£262,111 £2,541 9
2022£379,610 £2,820 5
2021£272,556 £2,680 9
2020£314,375 £2,404 8
2019£217,500 £2,264 2
2018£285,417 £2,305 6
2017£276,020 £2,336 15
2016£275,800 £2,224 5
2015£243,338 £2,141 10
2014£166,200 £2,093 5
2013£216,500 £2,310 5
2012£203,250 £1,828 4
2011£224,857 £1,840 7
2010£182,571 £2,229 7
2009£200,643 £2,040 7
2008£199,750 £1,620 4
2007£243,061 £2,069 9
2006£277,333 £2,115 9
2005£186,643 £2,263 7
2004£202,636 £1,961 14
2003£150,096 £1,602 9
2002£125,805 £1,077 10
2001£79,895 £693 10
2000£79,823 £728 15
1999£75,500 £825 9
1998£70,948 £701 20
1997£64,183 £631 12
1996£59,969 £608 8
1995£77,755 £508 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£212,1673
2023£162,292 £2,046 6
2022£186,194 £2,474 9
2021£209,500 £2,137 3
2020£175,129 £2,279 7
2019£141,000 £1,893 5
2018£155,333 £2,013 3
2017£136,625 £1,712 8
2016£117,667 £2,082 3
2015£122,000 £1,567 5
2014£100,000 £1,667 1
2013£120,700 £1,794 5
2012£161,500 £1,898 4
2011£112,148 £1,746 5
2010£142,500 £1,800 4
2008£142,403 £1,773 10
2007£166,625 £1,904 4
2006£161,041 £1,874 11
2005£137,400 £1,726 10
2004£134,350 £1,938 5
2003£117,156 £1,307 9
2002£86,198 £1,332 12
2001£72,994 £883 8
2000£74,400 £938 5
1999£59,033 £699 6
1998£44,290 £657 10
1997£49,167 £554 6
1996£50,175 £643 8
1995£43,982 £586 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£140,0001
2023£950,000 £3,146 1
2019£382,0001
2018£378,6231
2017£255,000 £3,446 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£568,667 £2,789 6
2022£663,000 £2,866 5
2021£627,600 £2,762 15
2020£656,598 £3,560 10
2019£458,100 £2,806 5
2018£519,045 £2,690 11
2017£396,667 £2,060 6
2016£451,444 £2,576 9
2015£549,545 £2,100 11
2014£348,714 £2,099 7
2013£509,243 £2,278 7
2012£409,583 £2,554 6
2011£326,667 £2,279 9
2010£374,993 £2,152 7
2009£233,125 £1,698 4
2008£570,375 £2,431 4
2007£423,804 £2,060 13
2006£390,785 £2,063 10
2005£431,667 £2,273 6
2004£273,542 £2,277 6
2003£379,830 £1,778 15
2002£253,808 £1,479 13
2001£129,167 £818 3
2000£142,669 £716 13
1999£188,594 £853 16
1998£202,889 £751 9
1997£121,632 £751 11
1996£156,600 £697 10
1995£119,223 £784 13

House Type in NE43 7EP area

The most common house types in the NE43 7EP postcode area are Semi-detached (48), Terraced (27), and Detached (20).

Total112
Semi-detached48
Terraced27
Detached20
Flat17
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 (66), and Owned: Owns with a mortgage or loan (22).

Owned: Owns outright66
Owned: Owns with a mortgage or loan22
Shared ownership: Shared ownership13
Private rented: Private landlord or letting agency7
Social rented: Other social rented4
Does not apply0
Social rented: Rents from council or Local Authority0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE43 7EP have 2 people in household (45), and 1 person in household (42).

2 people in household45
1 person in household42
3 people in household18
4 people in household7
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0