Housing Market Analysis for NE48 2RB

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £51,250 median price is £55,500 Standard Deviation is £12,755 with Total Sold: 4
    • The most recent sale happened at this postcode is WOODBINE COTTAGE: £64,000 (Sold on 26 Jun 2003)
    • The first recorded sale happened at this postcode is WOODBINE COTTAGE SOUTH: £56,000 (Sold on 29 Jun 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 2RB 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£64,000 £985 1
2002£55,000 £846 1
2001£43,000 £662 2

All the Sales in the NE48 2RB

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

AddressSold DatePrice% Change
WOODBINE COTTAGESemi-Detached, FreeholdArea: 65 Sq.mtrAge: before 190026 Jun 2003£64,00016.36%
01 Jul 2002£55,00083.33%
26 Oct 2001£30,000First Sale
WOODBINE COTTAGE SOUTHSemi-Detached, FreeholdArea: 65 Sq.mtrAge: before 190029 Jun 2001£56,000First Sale

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

NE48 2RB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £106,255 median price is £96,000 Standard Deviation is £58,671 with Total Sold: 29
    • The Last 5 Year average price is £187,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 17 WHITE ACRE: £177,000 (Sold on 20 May 2024)
    • The first recorded sale happened at this postcode is , 5 LOW PARK: £50,000 (Sold on 26 Jan 1996)
  • Other
    • The average price is around £225,000 median price is £225,000 Standard Deviation is £0 with Total Sold: 2
    • The Last 5 Year average price is £225,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , SCHOOL HOUSE : £225,000 (Sold on 10 Nov 2022)
    • The first recorded sale happened at this postcode is , SCHOOL HOUSE : £225,000 (Sold on 10 Nov 2022)
  • Detached
    • The average price is around £226,743 median price is £240,000 Standard Deviation is £119,498 with Total Sold: 54
    • The Last 5 Year average price is £351,167 with Total Sold: 6
    • The most recent sale happened at this postcode is , BEACON VIEW : £340,000 (Sold on 01 Feb 2022)
    • The first recorded sale happened at this postcode is THE ASPENS, WOODBURN PARK : £75,000 (Sold on 31 Jan 1995)
  • Semi-Detached
    • The average price is around £94,790 median price is £95,500 Standard Deviation is £49,404 with Total Sold: 20
    • The Last 5 Year average price is £130,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , CRAG VIEW : £130,000 (Sold on 07 Jan 2020)
    • The first recorded sale happened at this postcode is , 12 WHITE ACRE: £46,500 (Sold on 13 Jun 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£177,0001
2022£190,000 £2,603 1
2021£230,000 £2,805 1
2019£151,000 £981 1
2017£111,000 £1,370 1
2015£140,000 £1,609 1
2014£216,500 £2,640 1
2011£112,0001
2010£110,0001
2008£168,0001
2007£215,000 £2,622 1
2005£82,500 £1,117 2
2004£137,500 £1,884 1
2003£102,100 £799 3
2002£45,500 £563 3
2001£49,862 £446 3
2000£85,500 £1,027 2
1999£55,0001
1998£45,0002
1996£50,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£225,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£340,0001
2021£425,000 £1,787 2
2020£387,000 £2,126 1
2019£265,000 £2,170 2
2018£296,667 £2,029 3
2017£311,125 £1,698 4
2016£270,000 £1,971 1
2015£226,667 £1,959 3
2012£244,998 £1,051 2
2010£262,500 £814 2
2009£375,000 £1,098 1
2007£215,000 £2,198 2
2006£267,667 £1,735 3
2005£284,167 £1,584 3
2004£300,000 £1,957 2
2003£218,725 £1,334 4
2002£175,833 £630 3
2001£273,750 £934 2
2000£90,000 £715 2
1999£106,500 £1,064 2
1998£69,667 £452 3
1997£65,083 £393 3
1996£78,0001
1995£76,000 £758 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£130,000 £1,667 1
2018£249,950 £836 1
2016£115,000 £874 2
2010£110,000 £867 1
2007£117,000 £1,475 1
2006£124,950 £1,358 1
2005£141,950 £1,820 1
2004£100,317 £1,197 3
2003£77,500 £966 2
2002£46,000 £656 2
2001£50,333 £513 3
2000£46,5001
1997£46,5001

House Type in NE48 2RB area

The most common house types in the NE48 2RB postcode area are Detached (50), Terraced (34), and Semi-detached (31).

Total117
Detached50
Terraced34
Semi-detached31
Shared house2
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright57
Owned: Owns with a mortgage or loan27
Social rented: Other social rented12
Private rented: Private landlord or letting agency11
Social rented: Rents from council or Local Authority5
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE48 2RB have 2 people in household (53), and 1 person in household (32).

2 people in household53
1 person in household32
3 people in household23
4 people in household9
5 people in household1
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0