Housing Market Analysis for NE48 2RN

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE48 2RN Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £233,225 median price is £243,000 Standard Deviation is £107,182 with Total Sold: 32
      • 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)
    • Terraced
      • The average price is around £102,664 median price is £57,500 Standard Deviation is £77,940 with Total Sold: 10
      • The Last 5 Year average price is £230,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 6 LOW PARK: £230,000 (Sold on 19 Jul 2021)
      • The first recorded sale happened at this postcode is , 5 LOW PARK: £50,000 (Sold on 26 Jan 1996)
    • Semi-Detached
      • The average price is around £84,825 median price is £64,500 Standard Deviation is £57,270 with Total Sold: 12
      • 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 , BRIDGE END COTTAGE BRIDGE END: £46,500 (Sold on 11 Feb 2000)

    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
    2016£270,000 £1,971 1
    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£282,000 £1,788 2
    2005£284,167 £1,584 3
    2004£300,000 £1,957 2
    2003£269,950 £1,257 1
    2002£175,833 £630 3
    2001£310,0001
    2000£117,500 £715 2
    1998£55,000 £330 2
    1997£82,250 £449 1
    1995£75,000 £652 1
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£230,000 £2,805 1
    2014£216,500 £2,640 1
    2007£215,000 £2,622 1
    2005£60,0001
    2003£75,000 £521 1
    2002£35,500 £247 1
    2001£44,818 £475 2
    1999£55,0001
    1996£50,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2018£249,950 £836 1
    2016£100,000 £334 1
    2007£117,000 £1,475 1
    2004£98,725 £1,245 2
    2003£64,000 £985 1
    2002£46,000 £656 2
    2001£50,333 £513 3
    2000£46,5001

    House Type in NE48 2RN area

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