Housing Market Analysis for NE48 2EL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE48 2EL 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 2EL

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

    AddressSold DatePrice% Change

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

    NE48 2EL Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £178,257 median price is £177,475 Standard Deviation is £101,403 with Total Sold: 140
      • The Last 5 Year average price is £284,216 with Total Sold: 25
      • 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 £159,323 median price is £150,000 Standard Deviation is £68,224 with Total Sold: 49
      • The Last 5 Year average price is £216,458 with Total Sold: 13
      • 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)
    • Terraced
      • The average price is around £106,930 median price is £99,975 Standard Deviation is £59,368 with Total Sold: 108
      • The Last 5 Year average price is £161,764 with Total Sold: 18
      • 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 £135,495 median price is £122,500 Standard Deviation is £84,691 with Total Sold: 17
      • The Last 5 Year average price is £131,056 with Total Sold: 9
      • 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)
    • Flat
      • The average price is around £59,636 median price is £60,000 Standard Deviation is £20,033 with Total Sold: 11
      • The most recent sale happened at this postcode is LOWER FLAT, WAVERLEY HOUSE, 1 RUSSELL TERRACE: £80,000 (Sold on 20 Feb 2015)
      • The first recorded sale happened at this postcode is , 1 KING STREET: £13,000 (Sold on 01 Aug 2000)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£610,0001
    2023£294,000 £2,792 3
    2022£336,667 £2,444 3
    2021£271,028 £1,944 9
    2020£212,288 £1,732 4
    2019£263,000 £1,824 5
    2018£228,500 £2,282 6
    2017£209,190 £2,080 5
    2016£215,317 £2,064 3
    2015£249,250 £2,452 4
    2014£288,500 £1,890 4
    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£201,429 £1,676 7
    2005£199,950 £1,694 1
    2004£167,188 £1,769 16
    2003£138,200 £1,264 5
    2002£103,000 £967 9
    2001£123,571 £931 7
    2000£94,194 £797 9
    1999£86,292 £524 7
    1998£54,852 £520 4
    1997£58,291 £516 1
    1996£71,600 £372 5
    1995£64,500 £473 3
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£167,000 £2,319 1
    2023£215,000 £2,365 3
    2022£226,125 £2,266 4
    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£230,000 £1,418 3
    2006£152,583 £1,544 6
    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£63,0001
    1998£29,0001
    1997£76,000 £543 1
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£158,000 £3,362 1
    2023£177,500 £1,548 2
    2022£174,286 £1,742 7
    2021£180,000 £1,800 1
    2019£142,679 £1,124 7
    2018£154,667 £1,477 3
    2017£149,250 £1,671 6
    2016£180,000 £1,286 2
    2015£129,583 £1,556 6
    2014£102,500 £1,110 2
    2013£100,500 £1,117 1
    2012£97,250 £1,158 2
    2011£132,333 £1,380 3
    2010£158,750 £1,281 2
    2009£76,250 £1,014 2
    2008£123,833 £1,491 3
    2007£119,983 £1,623 3
    2006£135,667 £1,431 3
    2005£136,625 £949 4
    2004£113,993 £1,000 3
    2003£146,8624
    2002£67,825 £777 4
    2001£58,143 £497 7
    2000£60,800 £630 6
    1999£55,812 £524 8
    1998£43,500 £683 2
    1997£28,167 £350 3
    1996£42,147 £414 8
    1995£53,333 £392 3
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£300,0001
    2022£130,0001
    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: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    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£13,0001

    House Type in NE48 2EL area

    The most common house types in the NE48 2EL 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 2EL 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