Housing Market Analysis for NE48 2RT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE48 2RT Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £112,700 median price is £100,500 Standard Deviation is £64,159 with Total Sold: 32
      • The Last 5 Year average price is £203,600 with Total Sold: 5
      • 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 £393,750 median price is £387,500 Standard Deviation is £168,981 with Total Sold: 4
      • The Last 5 Year average price is £333,333 with Total Sold: 3
      • 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 , HIGH LEAM : £575,000 (Sold on 14 Aug 2018)
    • Detached
      • The average price is around £230,548 median price is £239,000 Standard Deviation is £119,349 with Total Sold: 45
      • The Last 5 Year average price is £387,000 with Total Sold: 6
      • The most recent sale happened at this postcode is , (PACE) WOODHOUSE: £435,000 (Sold on 11 Jan 2022)
      • The first recorded sale happened at this postcode is , KERIKERI : £77,000 (Sold on 31 May 1995)
    • Semi-Detached
      • The average price is around £85,907 median price is £82,000 Standard Deviation is £39,680 with Total Sold: 23
      • 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 , 4 HILLCREST: £53,000 (Sold on 03 Aug 1995)

    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£210,500 £1,294 2
    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£115,000 £1,094 3
    2004£137,500 £1,884 1
    2003£102,100 £799 3
    2002£45,500 £563 3
    2001£56,147 £446 4
    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
    2021£550,000 £2,015 1
    2018£575,000 £1,797 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£435,0001
    2021£420,000 £2,174 3
    2020£387,000 £2,126 1
    2019£240,000 £1,860 1
    2018£325,000 £2,311 2
    2017£243,750 £1,951 2
    2016£241,667 £1,616 3
    2015£320,000 £1,758 1
    2013£300,000 £2,609 1
    2012£360,000 £1,319 1
    2011£258,250 £1,941 2
    2010£350,0001
    2007£256,667 £2,259 3
    2006£262,333 £1,612 3
    2003£201,650 £1,360 3
    2002£168,0001
    2001£285,833 £934 3
    2000£105,667 £715 3
    1999£106,500 £1,064 2
    1998£99,000 £697 1
    1997£65,500 £415 4
    1996£94,100 £583 2
    1995£77,000 £865 1
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2020£130,000 £1,667 1
    2016£130,000 £1,413 1
    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£43,000 £662 2
    2000£88,833 £556 3
    1999£90,0001
    1997£59,500 £461 3
    1995£53,0001

    House Type in NE48 2RT area

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