Housing Market Analysis for NE48 2HR

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

Overview of Sold House prices

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

  • Other
    • The average price is around £375,000 median price is £375,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is PINE LODGE: £375,000 (Sold on 24 Mar 2016)
    • The first recorded sale happened at this postcode is PINE LODGE: £375,000 (Sold on 24 Mar 2016)
  • Detached
    • The average price is around £111,000 median price is £111,000 Standard Deviation is £64,000 with Total Sold: 2
    • The most recent sale happened at this postcode is SCHOOLMASTERS HOUSE: £175,000 (Sold on 02 Sep 2005)
    • The first recorded sale happened at this postcode is SCHOOLMASTERS HOUSE: £47,000 (Sold on 05 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 2HR 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£375,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£175,0001
1997£47,0001

All the Sales in the NE48 2HR

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

AddressSold DatePrice% Change
PINE LODGEOther, Freehold24 Mar 2016£375,000First Sale
SCHOOLMASTERS HOUSEDetached, Freehold02 Sep 2005£175,000272.34%
05 Sep 1997£47,000First Sale

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

NE48 2HR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £94,243 median price is £84,000 Standard Deviation is £53,402 with Total Sold: 15
    • The Last 5 Year average price is £135,300 with Total Sold: 5
    • The most recent sale happened at this postcode is , 4 THE CROFT: £105,000 (Sold on 20 Feb 2024)
    • The first recorded sale happened at this postcode is , 6 THE CROFT: £55,000 (Sold on 05 Apr 1995)
  • Other
    • The average price is around £375,000 median price is £375,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , PINE LODGE : £375,000 (Sold on 24 Mar 2016)
    • The first recorded sale happened at this postcode is , PINE LODGE : £375,000 (Sold on 24 Mar 2016)
  • Detached
    • The average price is around £191,625 median price is £223,500 Standard Deviation is £92,458 with Total Sold: 4
    • The most recent sale happened at this postcode is , THE BARN THE CROFT: £272,000 (Sold on 30 Sep 2015)
    • The first recorded sale happened at this postcode is , SCHOOLMASTERS HOUSE : £47,000 (Sold on 05 Sep 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£105,000 £1,082 1
2022£180,000 £1,875 1
2020£153,750 £1,350 2
2019£84,000 £875 1
2017£169,950 £1,752 1
2006£134,000 £1,381 1
2002£85,250 £722 1
2001£59,050 £609 1
1999£50,975 £607 2
1998£36,000 £324 2
1997£59,950 £500 1
1995£55,000 £466 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£375,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£272,000 £2,248 1
2012£272,500 £2,252 1
2005£175,0001
1997£47,0001

House Type in NE48 2HR area

The most common house types in the NE48 2HR postcode area are Detached (66), Terraced (21), and Semi-detached (20).

Total107
Detached66
Terraced21
Semi-detached20
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (45), and Owned: Owns outright (36).

Private rented: Private landlord or letting agency45
Owned: Owns outright36
Owned: Owns with a mortgage or loan16
Private rented: Other private rented6
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE48 2HR have 2 people in household (43), and 1 person in household (34).

2 people in household43
1 person in household34
3 people in household15
4 people in household8
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0