Housing Market Analysis for FARNLEY, NE45 5RW

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

Overview of Sold House prices

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

  • Other
    • The average price is around £375,000 median price is £375,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £375,000 with Total Sold: 1
    • The most recent sale happened at this postcode is REMLAW FARNLEY: £375,000 (Sold on 04 Feb 2022)
    • The first recorded sale happened at this postcode is REMLAW FARNLEY: £375,000 (Sold on 04 Feb 2022)
  • Semi-Detached
    • The average price is around £247,562 median price is £210,000 Standard Deviation is £139,525 with Total Sold: 8
    • The Last 5 Year average price is £425,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FARNLEY GROVE FARNLEY: £425,000 (Sold on 16 Oct 2020)
    • The first recorded sale happened at this postcode is WOODSIDE FARNLEY: £75,000 (Sold on 22 Mar 1996)
  • Detached
    • The average price is around £246,699 median price is £320,000 Standard Deviation is £112,897 with Total Sold: 5
    • The most recent sale happened at this postcode is REIVERS END FARNLEY: £350,000 (Sold on 07 Nov 2012)
    • The first recorded sale happened at this postcode is ROSTREVOR FARNLEY: £75,996 (Sold on 01 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE45 5RW 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£375,000 £3,713 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£425,000 £2,993 1
2017£475,000 £2,699 1
2013£273,000 £1,551 1
2005£320,0001
1998£137,500 £1,035 3
1996£75,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£350,000 £2,851 1
2008£320,0001
2007£340,0001
1999£147,500 £734 1
1998£75,9961

All the Sales in the FARNLEY, NE45 5RW

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

AddressSold DatePrice% Change
REMLAW FARNLEYOther, FreeholdArea: 101 Sq.mtrAge: 1930-194904 Feb 2022£375,000First Sale
FARNLEY GROVE FARNLEYSemi-Detached, FreeholdArea: 142 Sq.mtrAge: 1930-194916 Oct 2020£425,000189.12%
15 Sep 1998£147,000First Sale
THE COTTAGE FARNLEYSemi-Detached, FreeholdArea: 176 Sq.mtrAge: 1930-194903 Feb 2017£475,00073.99%
25 Apr 2013£273,000First Sale
REIVERS END FARNLEYDetached, FreeholdArea: 122.75 Sq.mtrAge: 1930-194907 Nov 2012£350,000First Sale
DALE HOUSE FARNLEYDetached, Freehold26 Sep 2008£320,000First Sale
ROSTREVOR FARNLEYDetached, Freehold14 May 2007£340,000347.39%
01 Jul 1998£75,996First Sale
GREENRIGGS FARNLEYSemi-Detached, Freehold25 Aug 2005£320,000118.43%
28 Aug 1998£146,500First Sale
FARNLEY CROFT FARNLEYDetached, FreeholdArea: 201 Sq.mtrAge: 1930-194916 Apr 1999£147,500First Sale
WOODSIDE FARNLEYSemi-Detached, Freehold21 Dec 1998£119,00058.67%
22 Mar 1996£75,000First Sale

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

FARNLEY, NE45 5RW Near By properties

Interactive Map

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

  • Flat
    • The average price is around £285,950 median price is £280,000 Standard Deviation is £40,579 with Total Sold: 10
    • The Last 5 Year average price is £335,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 1, CLIFFE HOUSE : £320,000 (Sold on 14 Apr 2023)
    • The first recorded sale happened at this postcode is FLAT 2, CLIFFE HOUSE : £285,000 (Sold on 07 Mar 2007)
  • Other
    • The average price is around £219,000 median price is £202,500 Standard Deviation is £206,508 with Total Sold: 4
    • The Last 5 Year average price is £282,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , AVONDALE STATION ROAD: £470,000 (Sold on 04 Jan 2023)
    • The first recorded sale happened at this postcode is , THE DYVELS STATION ROAD: £30,000 (Sold on 11 Sep 2015)
  • Semi-Detached
    • The average price is around £361,464 median price is £380,000 Standard Deviation is £185,818 with Total Sold: 14
    • The Last 5 Year average price is £498,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 8, CLIFFE HOUSE : £485,000 (Sold on 12 Dec 2022)
    • The first recorded sale happened at this postcode is , WOODSIDE FARNLEY: £75,000 (Sold on 22 Mar 1996)
  • Terraced
    • The average price is around £260,083 median price is £238,750 Standard Deviation is £124,500 with Total Sold: 6
    • The Last 5 Year average price is £505,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , EDEN VIEW STATION ROAD: £505,000 (Sold on 12 Dec 2022)
    • The first recorded sale happened at this postcode is , EDEN VIEW STATION ROAD: £111,000 (Sold on 07 Oct 1996)
  • Detached
    • The average price is around £407,690 median price is £350,000 Standard Deviation is £258,496 with Total Sold: 29
    • The Last 5 Year average price is £683,000 with Total Sold: 5
    • The most recent sale happened at this postcode is BRIAR COTTAGE, FARNLEY GRANGE : £360,000 (Sold on 29 Nov 2022)
    • The first recorded sale happened at this postcode is , FARNLEY OAKS : £285,000 (Sold on 17 Aug 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£320,000 £3,168 1
2022£365,000 £4,466 1
2019£320,000 £4,215 1
2017£245,000 £2,426 1
2014£222,000 £3,111 1
2009£275,625 £3,637 4
2007£285,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£470,000 £2,412 1
2022£375,000 £3,713 1
2020£1,0001
2015£30,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£485,000 £4,533 1
2020£425,000 £2,993 1
2019£585,000 £2,555 1
2017£475,000 £2,699 1
2015£725,000 £2,599 1
2014£475,000 £2,074 1
2013£273,000 £1,551 1
2010£405,000 £2,896 2
2005£320,0001
1998£137,500 £1,035 3
1996£75,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£505,000 £3,196 1
2007£295,0001
2004£260,0001
2002£217,5001
1999£172,0001
1996£111,000 £703 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£360,000 £4,500 1
2021£1,100,000 £3,901 1
2020£895,000 £3,315 1
2019£530,000 £2,684 2
2018£510,275 £3,058 2
2016£348,000 £2,320 1
2014£684,000 £2,426 1
2012£635,000 £3,235 2
2008£320,0001
2007£436,667 £3,989 3
2006£444,000 £1,415 2
2004£340,000 £1,921 1
2001£320,0001
2000£139,475 £65 2
1999£188,750 £1,318 4
1998£212,9982
1996£162,500 £613 1
1995£285,0001

House Type in NE45 5RW area

The most common house types in the NE45 5RW postcode area are Detached (108), Semi-detached (45), and Terraced (23).

Total203
Detached108
Semi-detached45
Terraced23
Flat14
converted building7
Shared house6
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (99), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright99
Owned: Owns with a mortgage or loan53
Private rented: Private landlord or letting agency39
Social rented: Other social rented4
Private rented: Other private rented4
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE45 5RW have 2 people in household (86), and 1 person in household (61).

2 people in household86
1 person in household61
4 people in household24
3 people in household20
5 people in household9
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0