Housing Market Analysis for NE48 2JN

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £115,320 median price is £69,500 Standard Deviation is £90,662 with Total Sold: 5
    • The most recent sale happened at this postcode is HOLMLEA: £260,000 (Sold on 10 May 2012)
    • The first recorded sale happened at this postcode is HOLMLEA: £49,000 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 2JN 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£260,0001
2004£180,1001
2001£69,5001
1998£18,0001
1995£49,0001

All the Sales in the NE48 2JN

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

AddressSold DatePrice% Change
HOLMLEATerraced, Freehold10 May 2012£260,000274.10%
11 May 2001£69,50041.84%
30 Jun 1995£49,000First Sale
NORTH VIEWTerraced, Freehold10 Aug 2004£180,100900.56%
16 Jan 1998£18,000First Sale

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

NE48 2JN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £187,548 median price is £180,000 Standard Deviation is £107,194 with Total Sold: 171
    • The Last 5 Year average price is £289,309 with Total Sold: 34
    • 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£318,400 £2,568 5
2022£336,667 £2,444 3
2021£268,019 £2,015 13
2020£266,656 £1,850 8
2019£255,000 £1,446 3
2018£238,600 £1,998 5
2017£233,707 £1,984 7
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£173,368 £1,188 3
2004£167,188 £1,769 16
2003£127,667 £1,203 6
2002£130,808 £1,043 13
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 2JN area

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