Housing Market Analysis for NE48 2AS

Are you looking to understand NE48 2AS 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 2AS area, explore the NE48 2AS Area information page.
For comprehensive crime statistics in the NE48 2AS area, explore the NE48 2AS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE48 2AS postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE48 2AS 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.

    All the Sales in the NE48 2AS

    See the table below for more details on the sold house prices in the NE48 2AS, Northumberland postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE48 2AS postcode. Properties currently for saleProperties currently for rent

    NE48 2AS Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE48 2AS 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 2AS postcode.

    • Detached
      • The average price is around £184,431 median price is £179,725 Standard Deviation is £105,635 with Total Sold: 166
      • The Last 5 Year average price is £284,734 with Total Sold: 32
      • The most recent sale happened at this postcode is , EWESLEY HOUSE BOAT ROAD: £610,000 (Sold on 06 Aug 2024)
      • The first recorded sale happened at this postcode is , BEWICK COTTAGE REDESMOUTH ROAD: £85,000 (Sold on 06 Jan 1995)
    • Semi-Detached
      • The average price is around £131,103 median price is £135,000 Standard Deviation is £66,582 with Total Sold: 84
      • The Last 5 Year average price is £193,232 with Total Sold: 17
      • The most recent sale happened at this postcode is , 48 WESTLANDS: £155,000 (Sold on 24 May 2024)
      • The first recorded sale happened at this postcode is , 7 FAIRSHAW CRESCENT: £47,000 (Sold on 12 May 1995)
    • Terraced
      • The average price is around £104,354 median price is £97,000 Standard Deviation is £56,395 with Total Sold: 195
      • The Last 5 Year average price is £144,311 with Total Sold: 41
      • The most recent sale happened at this postcode is , 16 WESTLANDS: £90,000 (Sold on 12 Apr 2024)
      • The first recorded sale happened at this postcode is , 4 DEVONSHIRE PLACE: £60,000 (Sold on 17 Mar 1995)
    • Flat
      • The average price is around £53,400 median price is £60,000 Standard Deviation is £24,083 with Total Sold: 15
      • The Last 5 Year average price is £81,000 with Total Sold: 1
      • The most recent sale happened at this postcode is FLAT 1, SHELLCROFT : £81,000 (Sold on 31 Jan 2024)
      • The first recorded sale happened at this postcode is 2, SHELLCROFT : £24,000 (Sold on 11 May 2000)
    • Other
      • The average price is around £141,190 median price is £126,250 Standard Deviation is £84,895 with Total Sold: 18
      • The Last 5 Year average price is £144,500 with Total Sold: 11
      • The most recent sale happened at this postcode is , THE NORTHERN GARAGE : £300,000 (Sold on 08 Aug 2023)
      • The first recorded sale happened at this postcode is , ROWAN BARN : £36,000 (Sold on 30 Apr 2014)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£426,0002
    2023£274,250 £2,792 4
    2022£336,667 £2,444 3
    2021£268,019 £2,015 13
    2020£271,893 £1,845 7
    2019£255,000 £1,446 3
    2018£238,600 £1,998 5
    2017£222,658 £2,104 6
    2016£215,317 £2,064 3
    2015£253,800 £2,411 5
    2014£278,143 £1,795 7
    2013£234,583 £1,743 3
    2012£216,250 £1,907 4
    2011£255,000 £1,634 2
    2010£150,212 £1,744 2
    2009£218,375 £2,129 4
    2008£208,300 £1,862 5
    2007£150,000 £2,276 2
    2006£201,429 £1,676 7
    2005£145,052 £1,341 2
    2004£167,188 £1,769 16
    2003£127,667 £1,203 6
    2002£125,042 £1,080 12
    2001£110,333 £868 9
    2000£105,705 £791 11
    1999£86,256 £524 8
    1998£54,852 £520 4
    1997£58,291 £516 1
    1996£84,667 £374 6
    1995£61,488 £554 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£161,000 £2,319 2
    2023£215,000 £2,365 3
    2022£195,786 £2,140 7
    2021£154,167 £1,604 3
    2019£242,475 £2,055 2
    2018£155,000 £1,772 2
    2017£146,333 £1,767 3
    2016£150,812 £1,674 4
    2015£149,950 £1,666 1
    2011£112,483 £1,521 3
    2009£131,500 £1,572 2
    2008£124,333 £1,460 3
    2007£189,917 £1,598 6
    2006£128,909 £1,406 11
    2005£148,064 £1,734 7
    2004£125,790 £1,769 5
    2003£75,000 £949 1
    2001£58,950 £555 3
    2000£65,500 £782 4
    1999£55,942 £563 3
    1998£33,333 £420 3
    1997£37,833 £455 3
    1995£44,667 £497 3
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£150,600 £2,037 5
    2023£177,500 £1,548 2
    2022£167,273 £1,836 11
    2021£140,200 £1,563 5
    2020£116,643 £1,313 7
    2019£131,932 £1,202 11
    2018£179,800 £1,443 5
    2017£139,242 £1,345 6
    2016£166,583 £1,637 6
    2015£124,357 £1,496 7
    2014£108,812 £1,370 8
    2013£94,750 £1,088 2
    2012£132,000 £964 4
    2011£132,333 £1,380 3
    2010£137,625 £1,340 4
    2009£98,875 £1,124 4
    2008£123,833 £1,491 3
    2007£112,850 £1,637 7
    2006£126,431 £1,403 8
    2005£120,375 £1,324 8
    2004£116,513 £1,362 6
    2003£125,408 £976 6
    2002£55,936 £672 7
    2001£58,855 £564 10
    2000£58,538 £599 8
    1999£51,112 £508 13
    1998£35,250 £491 8
    1997£43,922 £441 7
    1996£40,078 £439 8
    1995£47,750 £387 6
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£81,000 £1,191 1
    2015£80,0002
    2008£70,000 £1,061 1
    2007£70,000 £986 1
    2006£82,0001
    2004£60,000 £877 2
    2003£53,0002
    2001£35,0001
    2000£19,2504
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£300,0001
    2022£180,000 £2,020 3
    2021£118,167 £2,188 3
    2020£165,000 £1,195 2
    2019£32,5002
    2018£210,000 £1,463 2
    2017£95,375 £1,225 2
    2016£152,585 £2,528 2
    2014£36,000 £545 1

    House Type in NE48 2AS area

    The most common house types in the NE48 2AS postcode area are Terraced (51), Detached (35), and Semi-detached (25).

    Total128
    Terraced51
    Detached35
    Semi-detached25
    commercial building7
    Shared house4
    converted building4
    Flat2
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Private rented: Private landlord or letting agency (27).

    Owned: Owns outright69
    Private rented: Private landlord or letting agency27
    Owned: Owns with a mortgage or loan22
    Social rented: Other social rented4
    Private rented: Other private rented4
    Social rented: Rents from council or Local Authority2
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE48 2AS have 2 people in household (55), and 1 person in household (44).

    2 people in household55
    1 person in household44
    3 people in household17
    5 people in household7
    4 people in household5
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0