Housing Market Analysis for SARELAW COTTAGES, NE48 2TB

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £106,600 median price is £116,000 Standard Deviation is £47,538 with Total Sold: 5
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 SARELAW COTTAGES: £170,000 (Sold on 15 Jul 2019)
    • The first recorded sale happened at this postcode is 1 SARELAW COTTAGES: £46,000 (Sold on 05 Feb 1997)
  • Detached
    • The average price is around £234,750 median price is £269,500 Standard Deviation is £95,852 with Total Sold: 4
    • The most recent sale happened at this postcode is SARELAW HOUSE SARELAW COTTAGES: £320,000 (Sold on 11 Sep 2018)
    • The first recorded sale happened at this postcode is SARELAW HOUSE SARELAW COTTAGES: £80,000 (Sold on 12 Nov 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 2TB 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
2019£170,000 £2,329 1
2014£116,000 £1,589 1
2006£142,000 £1,945 1
2001£59,000 £808 1
1997£46,000 £630 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£320,000 £1,171 1
2011£309,000 £1,131 1
2005£230,000 £842 1
1998£80,000 £293 1

All the Sales in the SARELAW COTTAGES, NE48 2TB

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

AddressSold DatePrice% Change
1 SARELAW COTTAGESSemi-Detached, FreeholdArea: 73 Sq.mtrAge: before 190015 Jul 2019£170,00046.55%
28 Nov 2014£116,000-18.31%
08 Dec 2006£142,000140.68%
29 Jun 2001£59,00028.26%
05 Feb 1997£46,000First Sale
SARELAW HOUSE SARELAW COTTAGESDetached, FreeholdArea: 273.16 Sq.mtrAge: before 190011 Sep 2018£320,0003.56%
04 Mar 2011£309,00034.35%
28 Jan 2005£230,000187.50%
12 Nov 1998£80,000First Sale

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

SARELAW COTTAGES, NE48 2TB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £219,143 median price is £230,000 Standard Deviation is £87,293 with Total Sold: 7
    • The Last 5 Year average price is £270,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , IVY COTTAGE FOUNDRY YARD: £270,000 (Sold on 28 Oct 2022)
    • The first recorded sale happened at this postcode is , SARELAW HOUSE SARELAW COTTAGES: £80,000 (Sold on 12 Nov 1998)
  • Semi-Detached
    • The average price is around £119,395 median price is £129,000 Standard Deviation is £55,476 with Total Sold: 10
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1 SARELAW COTTAGES: £170,000 (Sold on 15 Jul 2019)
    • The first recorded sale happened at this postcode is , 3 REDE SQUARE: £59,950 (Sold on 29 Nov 1996)
  • Terraced
    • The average price is around £93,000 median price is £93,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1 REDE SQUARE: £93,000 (Sold on 14 Dec 2006)
    • The first recorded sale happened at this postcode is , 1 REDE SQUARE: £93,000 (Sold on 14 Dec 2006)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£270,000 £2,348 1
2018£320,000 £1,171 1
2017£220,000 £1,913 1
2011£309,000 £1,131 1
2005£230,000 £842 1
2001£105,000 £913 1
1998£80,000 £293 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£170,000 £2,329 1
2014£116,000 £1,589 1
2013£210,000 £1,148 1
2011£168,500 £1,296 1
2006£142,000 £1,945 1
2005£158,000 £1,215 1
2001£59,000 £808 1
1998£64,500 £496 1
1997£46,000 £630 1
1996£59,950 £461 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£93,000 £1,376 1

House Type in NE48 2TB area

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