Housing Market Analysis for NE48 2RL

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £271,667 median price is £320,000 Standard Deviation is £125,189 with Total Sold: 3
    • The Last 5 Year average price is £395,000 with Total Sold: 1
    • The most recent sale happened at this postcode is RIVER COTTAGE: £395,000 (Sold on 07 Aug 2020)
    • The first recorded sale happened at this postcode is RIVER COTTAGE: £100,000 (Sold on 10 Jun 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 2RL 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
2020£395,000 £3,591 1
2018£320,000 £2,119 1
2013£100,000 £909 1

All the Sales in the NE48 2RL

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

AddressSold DatePrice% Change
RIVER COTTAGESemi-Detached, FreeholdArea: 110 Sq.mtrAge: 2007 onwards07 Aug 2020£395,000295.00%
10 Jun 2013£100,000First Sale
THE BYRESSemi-Detached, FreeholdArea: 151 Sq.mtrAge: 2007 onwards07 Nov 2018£320,000First Sale

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

NE48 2RL Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £271,667 median price is £320,000 Standard Deviation is £125,189 with Total Sold: 3
    • The Last 5 Year average price is £395,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , RIVER COTTAGE : £395,000 (Sold on 07 Aug 2020)
    • The first recorded sale happened at this postcode is , RIVER COTTAGE : £100,000 (Sold on 10 Jun 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£395,000 £3,591 1
2018£320,000 £2,119 1
2013£100,000 £909 1

House Type in NE48 2RL area

The most common house types in the NE48 2RL postcode area are Detached (53), Terraced (13), and Semi-detached (7).

Total74
Detached53
Terraced13
Semi-detached7
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (30), and Private rented: Private landlord or letting agency (24).

Owned: Owns outright30
Private rented: Private landlord or letting agency24
Owned: Owns with a mortgage or loan15
Private rented: Other private rented5
Social rented: Other social rented1
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 2RL have 2 people in household (38), and 1 person in household (17).

2 people in household38
1 person in household17
3 people in household7
4 people in household7
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0