Housing Market Analysis for NE48 2SG

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £203,469 median price is £192,500 Standard Deviation is £117,357 with Total Sold: 18
    • The Last 5 Year average price is £313,500 with Total Sold: 2
    • The most recent sale happened at this postcode is MERRYLAW: £387,000 (Sold on 26 Aug 2020)
    • The first recorded sale happened at this postcode is KERIKERI: £77,000 (Sold on 31 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 2SG 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£387,000 £2,126 1
2019£240,000 £1,860 1
2018£325,000 £2,311 2
2015£320,000 £1,758 1
2010£350,0001
2003£201,650 £1,360 3
2001£273,750 £934 2
2000£82,0001
1999£106,500 £1,064 2
1997£56,500 £337 2
1996£78,0001
1995£77,000 £865 1

All the Sales in the NE48 2SG

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

AddressSold DatePrice% Change
MERRYLAWDetached, FreeholdArea: 182 Sq.mtrAge: 1983-199026 Aug 2020£387,00020.94%
07 Dec 2015£320,00048.84%
09 May 2003£215,00026.47%
29 Jun 2001£170,000First Sale
REDESIDEDetached, FreeholdArea: 129 Sq.mtrAge: before 190005 Dec 2019£240,000First Sale
HAARLEM HOUSEDetached, FreeholdArea: 188.4 Sq.mtrAge: 1996-200219 Dec 2018£340,00036.03%
24 Oct 2003£249,950First Sale
THE MISSION SCHOOLDetached, FreeholdArea: 110 Sq.mtrAge: before 190013 Jun 2018£310,000164.96%
30 Sep 1999£117,000First Sale
REDEBURN HOUSEDetached, Freehold22 Apr 2010£350,000First Sale
KERIKERIDetached, FreeholdArea: 89.05 Sq.mtrAge: 1967-197526 Aug 2003£140,000366.67%
07 Jul 1997£30,000-61.04%
31 May 1995£77,000First Sale
MIDDLE WOODBURN HOUSEDetached, Freehold26 Oct 2001£377,500First Sale
ADRICIADetached, Freehold10 Mar 2000£82,000First Sale
PARK COTTAGEDetached, Freehold20 May 1999£96,000First Sale
PARK ENDDetached, Freehold18 Apr 1997£83,0006.41%
23 Apr 1996£78,000First Sale

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

NE48 2SG Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £106,255 median price is £96,000 Standard Deviation is £58,671 with Total Sold: 29
    • The Last 5 Year average price is £187,000 with Total Sold: 4
    • 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 £333,333 median price is £225,000 Standard Deviation is £153,206 with Total Sold: 3
    • 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 , BEECH TREES : £550,000 (Sold on 30 Sep 2021)
  • Detached
    • The average price is around £229,804 median price is £240,000 Standard Deviation is £118,273 with Total Sold: 63
    • The Last 5 Year average price is £359,571 with Total Sold: 7
    • 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 £95,742 median price is £90,500 Standard Deviation is £49,264 with Total Sold: 24
    • 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 LONG BYRE COTTAGE, TOWNHEAD FARM : £82,000 (Sold on 19 May 1997)

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£151,000 £981 1
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£82,500 £1,117 2
2004£137,500 £1,884 1
2003£102,100 £799 3
2002£45,500 £563 3
2001£49,862 £446 3
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
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£340,0001
2021£420,000 £2,174 3
2020£387,000 £2,126 1
2019£265,000 £2,170 2
2018£296,667 £2,029 3
2017£311,125 £1,698 4
2016£250,000 £1,674 2
2015£226,667 £1,959 3
2013£300,000 £2,609 1
2012£283,332 £1,140 3
2011£277,500 £1,941 1
2010£262,500 £814 2
2009£375,000 £1,098 1
2007£236,333 £2,312 3
2006£257,750 £1,612 4
2005£284,167 £1,584 3
2004£300,000 £1,957 2
2003£218,725 £1,334 4
2002£175,833 £630 3
2001£273,750 £934 2
2000£90,000 £715 2
1999£106,500 £1,064 2
1998£69,667 £452 3
1997£68,850 £424 5
1996£78,0001
1995£76,000 £758 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£130,000 £1,667 1
2018£249,950 £836 1
2016£115,000 £874 2
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£50,333 £513 3
2000£113,2502
1999£90,0001
1997£59,500 £461 3

House Type in NE48 2SG area

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