Housing Market Analysis for PARKSIDE, NE48 2RE

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

Overview of Sold House prices

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

  • 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:

Below table and chart gives the average NE48 2RE 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
2010£330,000 £2,276 1
2009£210,000 £2,234 1

All the Sales in the PARKSIDE, NE48 2RE

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

AddressSold DatePrice% Change
3 PARKSIDETerraced, FreeholdArea: 145 Sq.mtrAge: before 190002 Aug 2010£330,000First Sale
1 PARKSIDETerraced, FreeholdArea: 94 Sq.mtrAge: before 190004 Dec 2009£210,000First Sale

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

PARKSIDE, NE48 2RE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE48 2RE 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 2RE 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 2RE area

The most common house types in the NE48 2RE postcode area are Detached (42), Terraced (42), and Semi-detached (19).

Total103
Detached42
Terraced42
Semi-detached19
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (45), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright45
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency24
Private rented: Other private rented4
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE48 2RE have 1 person in household (38), and 2 people in household (37).

1 person in household38
2 people in household37
3 people in household13
4 people in household8
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0