Housing Market Analysis for NE48 2SW

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

Overview of Sold House prices

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

  • Other
    • The average price is around £738,000 median price is £738,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £738,000 with Total Sold: 1
    • The most recent sale happened at this postcode is LOW SHAW COTTAGE: £738,000 (Sold on 10 Aug 2022)
    • The first recorded sale happened at this postcode is LOW SHAW COTTAGE: £738,000 (Sold on 10 Aug 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 2SW 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£738,000 £3,864 1

All the Sales in the NE48 2SW

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

AddressSold DatePrice% Change
LOW SHAW COTTAGEOther, FreeholdArea: 191 Sq.mtrAge: before 190010 Aug 2022£738,000First Sale

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

NE48 2SW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £349,002 median price is £166,500 Standard Deviation is £449,888 with Total Sold: 12
    • The Last 5 Year average price is £555,171 with Total Sold: 6
    • The most recent sale happened at this postcode is , WEST TOWN HEAD COTTAGE : £570,000 (Sold on 14 Nov 2023)
    • The first recorded sale happened at this postcode is , NUTWOOD COTTAGE : £80,000 (Sold on 06 Sep 1999)
  • Terraced
    • The average price is around £102,904 median price is £92,500 Standard Deviation is £45,465 with Total Sold: 14
    • The Last 5 Year average price is £166,775 with Total Sold: 4
    • The most recent sale happened at this postcode is , 1 SHAW LANE: £187,000 (Sold on 17 Jul 2023)
    • The first recorded sale happened at this postcode is , 2 SHAW LANE: £55,500 (Sold on 18 Aug 1995)
  • Other
    • The average price is around £744,000 median price is £744,000 Standard Deviation is £6,000 with Total Sold: 2
    • The Last 5 Year average price is £738,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , LOW SHAW COTTAGE : £738,000 (Sold on 10 Aug 2022)
    • The first recorded sale happened at this postcode is , WOODBURN HILL : £750,000 (Sold on 15 May 2017)
  • Semi-Detached
    • The average price is around £163,000 median price is £163,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , STEWARTS COTTAGE : £163,000 (Sold on 18 Nov 2013)
    • The first recorded sale happened at this postcode is , STEWARTS COTTAGE : £163,000 (Sold on 18 Nov 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£570,000 £4,672 1
2022£1,146,264 £4,029 2
2020£102,500 £586 1
2019£183,0002
2015£150,000 £1,422 1
2013£112,0002
2012£118,000 £1,118 1
2003£285,000 £1,851 1
1999£80,000 £758 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£176,050 £2,705 2
2019£157,500 £2,486 2
2016£70,000 £1,167 1
2015£78,000 £1,083 1
2010£120,000 £1,932 1
2008£100,000 £1,493 1
2006£57,000 £950 1
2004£85,000 £1,368 1
2003£103,0501
2000£64,000 £889 1
1998£41,000 £569 1
1995£55,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£738,000 £3,864 1
2017£750,000 £1,527 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£163,000 £2,624 1

House Type in NE48 2SW area

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