Housing Market Analysis for NE48 1LY

Are you looking to understand NE48 1LY 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 NE48 1LY area, explore the NE48 1LY Area information page.
For comprehensive crime statistics in the NE48 1LY area, explore the NE48 1LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE48 1LY postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £165,000 median price is £165,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE LIBRARY: £165,000 (Sold on 03 Nov 2014)
    • The first recorded sale happened at this postcode is THE LIBRARY: £165,000 (Sold on 03 Nov 2014)
  • Detached
    • The average price is around £310,000 median price is £310,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is WEST BURNBANK: £310,000 (Sold on 20 Jul 2012)
    • The first recorded sale happened at this postcode is WEST BURNBANK: £310,000 (Sold on 20 Jul 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 1LY 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£165,000 £821 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£310,000 £1,123 1

All the Sales in the NE48 1LY

See the table below for more details on the sold house prices in the NE48 1LY, Northumberland postcode.

AddressSold DatePrice% Change
THE LIBRARYSemi-Detached, FreeholdArea: 200.94 Sq.mtrAge: 1950-196603 Nov 2014£165,000First Sale
WEST BURNBANKDetached, FreeholdArea: 276.13 Sq.mtrAge: before 190020 Jul 2012£310,000First Sale

Check out the sold house prices near the NE48 1LY postcode. Properties currently for saleProperties currently for rent

NE48 1LY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE48 1LY 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 NE48 1LY postcode.

  • Detached
    • The average price is around £173,075 median price is £164,250 Standard Deviation is £108,479 with Total Sold: 6
    • The Last 5 Year average price is £275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , BRIDGE END COTTAGE : £275,000 (Sold on 03 Jun 2021)
    • The first recorded sale happened at this postcode is , HORSLEY COTTAGE : £65,000 (Sold on 12 Jan 1996)
  • Terraced
    • The average price is around £132,250 median price is £159,000 Standard Deviation is £92,497 with Total Sold: 8
    • The Last 5 Year average price is £299,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE ROOST : £299,500 (Sold on 04 Sep 2019)
    • The first recorded sale happened at this postcode is , 1 THE TERRACE: £27,000 (Sold on 20 Dec 1996)
  • Other
    • The average price is around £41,000 median price is £41,000 Standard Deviation is £19,000 with Total Sold: 2
    • The Last 5 Year average price is £41,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , BLACKSMITHS COTTAGE : £22,000 (Sold on 09 May 2019)
    • The first recorded sale happened at this postcode is , BLACKSMITHS COTTAGE : £60,000 (Sold on 09 May 2019)
  • Semi-Detached
    • The average price is around £126,188 median price is £122,125 Standard Deviation is £73,651 with Total Sold: 4
    • The most recent sale happened at this postcode is , THE LIBRARY : £165,000 (Sold on 03 Nov 2014)
    • The first recorded sale happened at this postcode is , BLACKSMITHS COTTAGE : £35,500 (Sold on 23 Aug 2000)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£275,000 £2,434 1
2017£256,0001
2012£310,000 £1,123 1
1998£72,5001
1997£59,9501
1996£65,000 £508 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£299,500 £1,568 1
2018£185,000 £2,229 1
2011£168,000 £1,632 1
2010£150,0001
2007£178,0001
1999£25,250 £349 2
1996£27,000 £262 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£41,000 £464 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£165,000 £821 1
2007£225,0001
2001£79,2501
2000£35,500 £401 1

House Type in NE48 1LY area

The most common house types in the NE48 1LY postcode area are Detached (94), Semi-detached (22), and Terraced (7).

Total127
Detached94
Semi-detached22
Terraced7
Shared house2
converted building2
Flat0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (70), and Private rented: Private landlord or letting agency (32).

Owned: Owns outright70
Private rented: Private landlord or letting agency32
Owned: Owns with a mortgage or loan16
Private rented: Other private rented6
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE48 1LY have 2 people in household (65), and 1 person in household (36).

2 people in household65
1 person in household36
3 people in household11
4 people in household9
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0