Housing Market Analysis for NE48 2ED

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £251,358 median price is £258,075 Standard Deviation is £85,538 with Total Sold: 6
    • The Last 5 Year average price is £317,883 with Total Sold: 3
    • The most recent sale happened at this postcode is HALLAM LODGE: £372,000 (Sold on 18 May 2023)
    • The first recorded sale happened at this postcode is BANKFOOT: £249,500 (Sold on 09 May 2008)
  • Other
    • The average price is around £120,000 median price is £120,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is BELLINGHAM YOUTH HOSTEL: £120,000 (Sold on 02 Nov 2018)
    • The first recorded sale happened at this postcode is BELLINGHAM YOUTH HOSTEL: £120,000 (Sold on 02 Nov 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 2ED 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
2023£372,000 £2,548 1
2021£315,000 £2,158 1
2020£266,650 £1,990 1
2018£205,000 £2,158 1
2008£174,750 £1,862 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£120,0001

All the Sales in the NE48 2ED

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

AddressSold DatePrice% Change
HALLAM LODGEDetached, FreeholdArea: 146 Sq.mtrAge: 2007-201118 May 2023£372,00018.10%
09 Sep 2021£315,000First Sale
BANKFOOTDetached, FreeholdArea: 134 Sq.mtrAge: 1976-198231 Mar 2020£266,6506.87%
09 May 2008£249,500First Sale
BRAESIDEDetached, FreeholdArea: 95 Sq.mtrAge: 1950-196608 Nov 2018£205,000First Sale
BELLINGHAM YOUTH HOSTELOther, Freehold02 Nov 2018£120,000First Sale
LOT 2, BANKFOOTDetached, Freehold24 Jul 2008£100,000First Sale

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

NE48 2ED Near By properties

Interactive Map

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

  • Detached
    • The average price is around £172,519 median price is £179,975 Standard Deviation is £82,129 with Total Sold: 130
    • The Last 5 Year average price is £250,096 with Total Sold: 25
    • The most recent sale happened at this postcode is , 2 MALTING CLOSE: £242,000 (Sold on 01 May 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 £155,390 median price is £140,000 Standard Deviation is £67,851 with Total Sold: 53
    • The Last 5 Year average price is £210,425 with Total Sold: 14
    • The most recent sale happened at this postcode is , 5 CRUDDAS TERRACE: £167,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 5 NOBLE STREET: £76,000 (Sold on 20 Jun 1997)
  • 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)
  • Terraced
    • The average price is around £105,242 median price is £101,000 Standard Deviation is £57,709 with Total Sold: 140
    • The Last 5 Year average price is £157,966 with Total Sold: 22
    • The most recent sale happened at this postcode is , CASTLE HILL VIEW FRONT STREET: £158,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is , 4 DEVONSHIRE PLACE: £60,000 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £139,079 median price is £126,250 Standard Deviation is £83,620 with Total Sold: 18
    • The Last 5 Year average price is £137,950 with Total Sold: 10
    • 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£242,0001
2023£294,000 £2,792 3
2022£217,500 £2,417 2
2021£233,250 £1,944 9
2020£255,830 £1,751 5
2019£263,000 £1,824 5
2018£250,143 £2,198 7
2017£222,658 £2,104 6
2016£215,317 £2,064 3
2015£199,000 £2,381 3
2014£218,167 £1,948 3
2013£146,875 £2,095 2
2012£197,500 £1,792 3
2011£255,000 £1,634 2
2010£150,212 £1,744 2
2009£183,167 £2,132 3
2008£208,300 £1,862 5
2007£150,000 £2,276 2
2006£186,250 £1,676 6
2005£199,950 £1,694 1
2004£167,188 £1,769 16
2003£118,200 £1,203 5
2002£95,375 £967 8
2001£85,000 £878 6
2000£94,075 £797 10
1999£65,809 £373 5
1998£65,469 £629 3
1997£58,291 £516 1
1996£68,500 £508 2
1995£85,000 £440 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,000 £2,319 1
2023£215,000 £2,365 3
2022£207,300 £2,160 5
2021£171,250 £1,767 2
2019£251,650 £2,013 3
2018£155,000 £1,772 2
2017£156,500 £1,900 2
2016£182,500 £2,012 2
2011£106,250 £1,655 2
2009£131,500 £1,572 2
2008£118,500 £1,460 2
2007£207,500 £1,522 4
2006£147,071 £1,536 7
2005£158,490 £1,823 5
2004£137,483 £1,661 3
2003£75,000 £949 1
2001£55,000 £625 1
2000£92,000 £812 2
1999£52,912 £563 2
1998£29,0001
1997£76,000 £543 1
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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£158,000 £3,362 1
2023£177,500 £1,548 2
2022£171,667 £1,743 9
2021£154,250 £1,859 2
2019£138,594 £1,145 8
2018£154,667 £1,477 3
2017£149,250 £1,671 6
2016£146,900 £1,612 5
2015£129,583 £1,556 6
2014£97,750 £1,426 4
2013£100,500 £1,117 1
2012£151,500 £1,158 3
2011£132,333 £1,380 3
2010£158,750 £1,281 2
2009£94,167 £1,124 3
2008£123,833 £1,491 3
2007£123,738 £1,594 4
2006£124,992 £1,384 6
2005£125,429 £1,202 7
2004£130,520 £1,000 4
2003£126,742 £928 6
2002£61,614 £655 7
2001£58,833 £555 9
2000£60,800 £630 6
1999£53,050 £503 10
1998£36,375 £657 4
1997£29,862 £353 4
1996£42,147 £414 8
1995£52,250 £392 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£300,0001
2022£165,000 £2,020 2
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£159,057 £2,209 3
2014£36,000 £545 1

House Type in NE48 2ED area

The most common house types in the NE48 2ED postcode area are Detached (91), Semi-detached (73), and Terraced (36).

Total203
Detached91
Semi-detached73
Terraced36
temporary structure2
Shared house1
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (95), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright95
Owned: Owns with a mortgage or loan49
Social rented: Other social rented22
Private rented: Private landlord or letting agency16
Social rented: Rents from council or Local Authority12
Shared ownership: Shared ownership6
Private rented: Other private rented5
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE48 2ED have 2 people in household (87), and 1 person in household (46).

2 people in household87
1 person in household46
3 people in household34
4 people in household29
5 people in household4
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0