Housing Market Analysis for NE48 2RD

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE48 2RD Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £234,378 median price is £242,000 Standard Deviation is £109,757 with Total Sold: 27
      • The Last 5 Year average price is £315,000 with Total Sold: 2
      • 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 £138,317 median price is £100,000 Standard Deviation is £80,219 with Total Sold: 3
      • The most recent sale happened at this postcode is , FOX COTTAGE : £249,950 (Sold on 12 Feb 2018)
      • The first recorded sale happened at this postcode is , FOX COTTAGE : £65,000 (Sold on 10 Dec 2001)
    • Terraced
      • The average price is around £270,000 median price is £270,000 Standard Deviation is £60,000 with Total Sold: 2
      • The most recent sale happened at this postcode is , 3 PARKSIDE: £330,000 (Sold on 02 Aug 2010)
      • The first recorded sale happened at this postcode is , 1 PARKSIDE: £210,000 (Sold on 04 Dec 2009)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£340,0001
    2019£290,000 £2,479 1
    2018£240,000 £1,463 1
    2017£355,667 £1,613 3
    2015£180,000 £2,159 2
    2012£244,998 £1,051 2
    2010£175,000 £814 1
    2009£375,000 £1,098 1
    2007£230,0001
    2006£244,0001
    2005£284,167 £1,584 3
    2004£300,000 £1,957 2
    2003£269,950 £1,257 1
    2002£175,833 £630 3
    1998£55,000 £330 2
    1997£82,250 £449 1
    1995£75,000 £652 1
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2018£249,950 £836 1
    2016£100,000 £334 1
    2001£65,000 £217 1
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2010£330,000 £2,276 1
    2009£210,000 £2,234 1

    House Type in NE48 2RD area

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