Housing Market Analysis for NE47 8JE

Are you looking to understand NE47 8JE 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 NE47 8JE area, explore the NE47 8JE Area information page.
For comprehensive crime statistics in the NE47 8JE area, explore the NE47 8JE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE47 8JE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £740,000 median price is £740,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £740,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WEST STEEL: £740,000 (Sold on 30 Sep 2021)
    • The first recorded sale happened at this postcode is WEST STEEL: £740,000 (Sold on 30 Sep 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average NE47 8JE 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
2021£740,000 £2,504 1

All the Sales in the NE47 8JE

See the table below for more details on the sold house prices in the NE47 8JE, Northumberland postcode.

AddressSold DatePrice% Change
WEST STEELDetached, FreeholdArea: 295.58 Sq.mtrAge: before 190030 Sep 2021£740,000First Sale

Check out the sold house prices near the NE47 8JE postcode. Properties currently for saleProperties currently for rent

NE47 8JE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE47 8JE 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 NE47 8JE postcode.

  • Detached
    • The average price is around £642,500 median price is £642,500 Standard Deviation is £97,500 with Total Sold: 2
    • The Last 5 Year average price is £642,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , EAST STEEL FARM : £545,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is , WEST STEEL : £740,000 (Sold on 30 Sep 2021)
  • Other
    • The average price is around £250,000 median price is £250,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , EAST STEEL FARM : £250,000 (Sold on 23 Aug 2019)
    • The first recorded sale happened at this postcode is , EAST STEEL FARM : £250,000 (Sold on 23 Aug 2019)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£545,000 £2,762 1
2021£740,000 £2,504 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£250,000 £1,267 1

House Type in NE47 8JE area

The most common house types in the NE47 8JE postcode area are Detached (117), Semi-detached (41), and Terraced (13).

Total172
Detached117
Semi-detached41
Terraced13
Flat1
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 (85), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright85
Owned: Owns with a mortgage or loan43
Private rented: Private landlord or letting agency21
Private rented: Other private rented11
Shared ownership: Shared ownership4
Social rented: Other social rented4
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE47 8JE have 2 people in household (85), and 1 person in household (47).

2 people in household85
1 person in household47
3 people in household22
4 people in household12
5 people in household3
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0