Housing Market Analysis for MILKWELL LANE, NE45 5QG

Are you looking to understand NE45 5QG 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 NE45 5QG area, explore the NE45 5QG Area information page.
For comprehensive crime statistics in the NE45 5QG area, explore the NE45 5QG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE45 5QG postcode area, The average prices are as follows,

  • Detached
    • The average price is around £406,350 median price is £480,000 Standard Deviation is £212,614 with Total Sold: 6
    • The most recent sale happened at this postcode is THE OLD STABLES, MILKWELL FARM MILKWELL LANE: £570,000 (Sold on 06 Jul 2018)
    • The first recorded sale happened at this postcode is THE OLD STABLES, MILKWELL FARM MILKWELL LANE: £60,000 (Sold on 27 Sep 1996)
  • Semi-Detached
    • The average price is around £59,500 median price is £59,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE OLD DAIRY MILKWELL LANE: £59,500 (Sold on 25 Aug 1995)
    • The first recorded sale happened at this postcode is THE OLD DAIRY MILKWELL LANE: £59,500 (Sold on 25 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE45 5QG 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
2018£570,000 £2,714 1
2009£595,000 £2,573 1
2005£622,000 £2,690 1
2002£390,000 £1,857 1
2000£201,100 £870 1
1996£60,000 £286 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£59,5001

All the Sales in the MILKWELL LANE, NE45 5QG

See the table below for more details on the sold house prices in the NE45 5QG, Northumberland postcode.

AddressSold DatePrice% Change
THE OLD STABLES, MILKWELL FARM MILKWELL LANEDetached, FreeholdArea: 210 Sq.mtrAge: 1991-199506 Jul 2018£570,00046.15%
03 Dec 2002£390,000550.00%
27 Sep 1996£60,000First Sale
MILKWELL FARM MILKWELL LANEDetached, FreeholdArea: 231.26 Sq.mtrAge: before 190001 Oct 2009£595,000-4.34%
18 May 2005£622,000209.30%
18 Apr 2000£201,100First Sale
THE OLD DAIRY MILKWELL LANESemi-Detached, Freehold25 Aug 1995£59,500First Sale

Check out the sold house prices near the NE45 5QG postcode. Properties currently for saleProperties currently for rent

MILKWELL LANE, NE45 5QG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE45 5QG 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 NE45 5QG postcode.

  • Flat
    • The average price is around £128,378 median price is £120,250 Standard Deviation is £60,896 with Total Sold: 232
    • The Last 5 Year average price is £145,327 with Total Sold: 35
    • The most recent sale happened at this postcode is 4, PRIMLEA COURT AYDON ROAD: £133,000 (Sold on 26 Jun 2024)
    • The first recorded sale happened at this postcode is 1, WINDSOR COURT : £45,000 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £217,637 median price is £190,000 Standard Deviation is £140,776 with Total Sold: 261
    • The Last 5 Year average price is £292,248 with Total Sold: 34
    • The most recent sale happened at this postcode is , 5 CROFTS WAY: £427,500 (Sold on 25 Jun 2024)
    • The first recorded sale happened at this postcode is , 20 PRINCES STREET: £77,500 (Sold on 31 Jan 1995)
  • Terraced
    • The average price is around £192,492 median price is £175,000 Standard Deviation is £102,602 with Total Sold: 327
    • The Last 5 Year average price is £262,328 with Total Sold: 63
    • The most recent sale happened at this postcode is , 1 WOODBINE TERRACE: £56,700 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , 7 AYDON DRIVE: £73,000 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £364,562 median price is £350,000 Standard Deviation is £192,559 with Total Sold: 372
    • The Last 5 Year average price is £463,349 with Total Sold: 79
    • The most recent sale happened at this postcode is , INGLEBORO ST HELENS LANE: £750,000 (Sold on 07 Mar 2024)
    • The first recorded sale happened at this postcode is , HERONS CLOSE AYDON GARDENS: £126,000 (Sold on 26 Jan 1995)
  • Other
    • The average price is around £2,763,987 median price is £225,500 Standard Deviation is £5,425,955 with Total Sold: 10
    • The Last 5 Year average price is £6,476,506 with Total Sold: 4
    • The most recent sale happened at this postcode is , 29 CHANTRY ESTATE: £211,000 (Sold on 22 Jul 2022)
    • The first recorded sale happened at this postcode is NORTH HOUSE, THE OLD VICARAGE AYDON ROAD: £497,000 (Sold on 26 Jul 2016)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£133,0001
2023£149,071 £2,508 7
2022£149,357 £2,778 7
2021£132,071 £2,330 7
2020£131,862 £2,242 4
2019£156,944 £2,351 9
2018£124,977 £2,450 11
2017£149,643 £2,663 7
2016£139,619 £2,477 8
2015£145,606 £2,839 9
2014£113,333 £2,067 9
2013£130,143 £2,189 7
2012£100,889 £1,917 9
2011£143,772 £2,913 9
2010£140,278 £2,591 7
2009£139,000 £2,054 4
2008£173,921 £2,859 7
2007£187,034 £3,200 14
2006£158,177 £2,812 13
2005£203,205 £3,675 22
2004£114,400 £2,064 5
2003£95,444 £1,741 9
2002£65,493 £1,058 7
2001£60,300 £1,041 6
2000£49,700 £845 5
1999£52,250 £882 8
1998£46,390 £760 5
1997£41,521 £740 7
1996£39,542 £794 6
1995£45,416 £686 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£588,750 £5,155 2
2023£247,667 £2,824 3
2022£271,317 £2,962 3
2021£315,040 £2,661 12
2020£207,062 £1,968 8
2019£294,167 £2,402 6
2018£350,506 £2,818 8
2017£368,500 £2,646 10
2016£167,561 £1,801 31
2015£290,619 £2,572 8
2014£289,156 £2,059 8
2013£224,167 £1,916 6
2012£237,000 £1,829 5
2011£264,643 £2,200 7
2010£334,200 £2,615 5
2008£222,143 £2,052 7
2007£307,447 £2,185 15
2006£325,903 £2,449 11
2005£230,544 £2,041 11
2004£227,287 £1,548 12
2003£159,812 £1,534 8
2002£158,433 £1,137 10
2001£146,540 £1,291 16
2000£103,602 £891 8
1999£84,750 £679 14
1998£79,900 £814 5
1997£92,429 £803 7
1996£69,189 £527 7
1995£90,369 £739 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,567 £3,127 3
2023£311,397 £2,990 8
2022£249,833 £3,048 15
2021£268,945 £2,780 17
2020£249,400 £2,477 10
2019£247,025 £2,604 10
2018£224,000 £2,298 13
2017£169,400 £1,920 5
2016£221,750 £2,263 10
2015£257,223 £2,262 22
2014£214,948 £2,445 17
2013£175,000 £1,957 5
2012£188,306 £2,856 9
2011£175,167 £1,974 9
2010£234,750 £2,567 8
2009£197,222 £2,203 9
2008£233,611 £2,256 9
2007£273,250 £2,172 14
2006£205,361 £2,127 18
2005£198,833 £1,911 9
2004£210,300 £2,037 15
2003£136,167 £1,537 6
2002£154,457 £2,280 15
2001£96,450 £1,193 12
2000£72,431 £880 11
1999£95,120 £826 10
1998£71,767 £860 9
1997£81,345 £798 10
1996£63,805 £569 12
1995£70,964 £934 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£750,000 £3,713 1
2023£549,862 £4,205 12
2022£437,420 £3,281 12
2021£444,012 £3,286 36
2020£411,275 £3,134 10
2019£488,750 £3,417 8
2018£566,677 £3,494 11
2017£507,366 £2,842 24
2016£453,790 £2,831 29
2015£470,863 £3,093 11
2014£489,571 £3,003 14
2013£366,409 £2,550 11
2012£344,571 £2,446 7
2011£335,312 £2,807 8
2010£474,286 £3,493 7
2009£357,500 £2,014 4
2008£277,250 £2,794 4
2007£407,042 £2,485 14
2006£347,248 £2,624 13
2005£480,700 £2,696 10
2004£385,499 £2,031 11
2003£284,286 £2,060 7
2002£365,600 £1,645 10
2001£228,731 £1,402 13
2000£183,769 £1,156 8
1999£169,900 £1,323 10
1998£158,025 £1,172 8
1997£141,877 £1,004 21
1996£139,627 £1,098 30
1995£117,916 £1,217 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£211,000 £2,293 1
2020£145,023 £2,197 1
2019£12,775,000 £105,337 2
2018£308,333 £1,925 3
2017£121,5001
2016£343,675 £1,894 2

House Type in NE45 5QG area

The most common house types in the NE45 5QG postcode area are Detached (66), Semi-detached (60), and Terraced (34).

Total171
Detached66
Semi-detached60
Terraced34
Flat7
converted building2
commercial building2
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (83), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright83
Owned: Owns with a mortgage or loan49
Social rented: Other social rented22
Social rented: Rents from council or Local Authority6
Private rented: Private landlord or letting agency6
Private rented: Other private rented5
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE45 5QG have 2 people in household (73), and 1 person in household (44).

2 people in household73
1 person in household44
4 people in household21
3 people in household20
5 people in household8
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0