Housing Market Analysis for WELL ROAD, NE43 7QW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £478,125 median price is £463,750 Standard Deviation is £145,917 with Total Sold: 4
    • The Last 5 Year average price is £690,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WELL CLOSE, 4 WELL ROAD: £690,000 (Sold on 20 Aug 2020)
    • The first recorded sale happened at this postcode is 4 WELL ROAD: £295,000 (Sold on 02 May 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE43 7QW 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
2020£690,0001
2017£520,0001
2007£407,5001
2002£295,000 £1,366 1

All the Sales in the WELL ROAD, NE43 7QW

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

AddressSold DatePrice% Change
WELL CLOSE, 4 WELL ROADDetached, Freehold20 Aug 2020£690,000First Sale
1 WELL ROADDetached, Freehold15 Dec 2017£520,000First Sale
2 WELL ROADDetached, Freehold27 Sep 2007£407,500First Sale
4 WELL ROADDetached, FreeholdArea: 216 Sq.mtrAge: before 190002 May 2002£295,000First Sale

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

WELL ROAD, NE43 7QW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £456,363 median price is £427,500 Standard Deviation is £283,797 with Total Sold: 150
    • The Last 5 Year average price is £710,371 with Total Sold: 29
    • The most recent sale happened at this postcode is , 58 PAINSHAWFIELD ROAD: £610,000 (Sold on 04 Jun 2024)
    • The first recorded sale happened at this postcode is , 5 MEADOWFIELD ROAD: £180,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £277,061 median price is £292,500 Standard Deviation is £136,772 with Total Sold: 30
    • The Last 5 Year average price is £418,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , 30 MEADOWFIELD ROAD: £350,000 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , 63 MEADOWFIELD ROAD: £137,500 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £940,000 median price is £950,000 Standard Deviation is £33,417 with Total Sold: 3
    • The Last 5 Year average price is £962,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 30 PAINSHAWFIELD ROAD: £950,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , 10 BATT HOUSE ROAD: £895,000 (Sold on 03 Feb 2017)
  • Terraced
    • The average price is around £142,546 median price is £127,625 Standard Deviation is £68,636 with Total Sold: 14
    • The most recent sale happened at this postcode is , 2 RIDLEY MILL COTTAGES: £180,000 (Sold on 07 Jun 2013)
    • The first recorded sale happened at this postcode is , 3 RIDLEY MILL COTTAGES: £73,000 (Sold on 31 Aug 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£632,5002
2023£580,667 £3,355 3
2022£850,000 £3,302 2
2021£801,875 £3,097 12
2020£600,179 £3,621 7
2019£690,000 £2,641 3
2018£506,667 £2,570 6
2017£441,875 £2,943 4
2016£468,125 £2,562 8
2015£556,250 £1,986 4
2014£481,667 £2,412 3
2013£632,250 £2,534 4
2012£464,857 £2,198 7
2011£485,250 £3,270 4
2010£670,000 £2,349 1
2009£777,500 £2,600 1
2008£628,333 £1,986 3
2007£574,917 £2,755 6
2006£527,200 £1,118 5
2005£401,083 £2,052 6
2004£395,0003
2003£428,444 £1,607 9
2002£300,400 £1,316 5
2001£265,3505
2000£235,357 £988 7
1999£248,438 £1,267 8
1998£282,857 £1,048 7
1997£177,500 £1,042 4
1996£202,500 £889 5
1995£145,917 £813 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2020£405,000 £1,838 2
2019£465,000 £2,503 2
2017£427,500 £2,594 2
2015£345,000 £2,674 1
2014£440,000 £2,724 1
2013£319,000 £2,774 1
2012£345,6801
2011£420,000 £2,079 1
2010£199,000 £2,389 1
2006£413,750 £2,052 2
2004£234,9833
2003£295,000 £1,639 1
2002£207,5002
2001£75,0001
2000£96,950 £1,304 1
1996£124,062 £929 4
1995£129,167 £362 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£950,000 £3,146 1
2019£975,000 £1,732 1
2017£895,000 £3,034 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£180,000 £2,812 1
2007£200,0001
2006£210,7502
2005£245,0002
2002£127,625 £1,281 2
2001£85,0001
2000£103,0001
1999£63,975 £1,062 2
1995£66,475 £937 2

House Type in NE43 7QW area

The most common house types in the NE43 7QW postcode area are Detached (100), Semi-detached (30), and Terraced (4).

Total134
Detached100
Semi-detached30
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 (87), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright87
Owned: Owns with a mortgage or loan38
Private rented: Private landlord or letting agency3
Shared ownership: Shared ownership2
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE43 7QW have 2 people in household (79), and 1 person in household (18).

2 people in household79
1 person in household18
3 people in household18
4 people in household13
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0