Housing Market Analysis for NE48 2TF

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

Overview of Sold House prices

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

  • Other
    • The average price is around £180,000 median price is £180,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £180,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE GUN INN: £180,000 (Sold on 27 May 2021)
    • The first recorded sale happened at this postcode is THE GUN INN: £180,000 (Sold on 27 May 2021)
  • Detached
    • The average price is around £210,500 median price is £175,000 Standard Deviation is £102,924 with Total Sold: 4
    • The most recent sale happened at this postcode is THE GUN INN: £220,000 (Sold on 19 Apr 2006)
    • The first recorded sale happened at this postcode is THE GUN INN: £117,000 (Sold on 18 Oct 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 2TF 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
2021£180,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£220,0001
2004£375,000 £1,794 1
2002£130,0001
1999£117,0001

All the Sales in the NE48 2TF

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

AddressSold DatePrice% Change
THE GUN INNOther, Freehold27 May 2021£180,000-18.18%
19 Apr 2006£220,00069.23%
20 Sep 2002£130,00011.11%
18 Oct 1999£117,000First Sale
LOW HOUSEDetached, FreeholdArea: 209 Sq.mtrAge: before 190001 Oct 2004£375,000First Sale

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

NE48 2TF Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £90,028 median price is £91,500 Standard Deviation is £49,271 with Total Sold: 82
    • The Last 5 Year average price is £163,333 with Total Sold: 6
    • The most recent sale happened at this postcode is , 13 WESTMACOTT STREET: £185,000 (Sold on 12 Feb 2024)
    • The first recorded sale happened at this postcode is , WHITE ROSE COTTAGE, 12 WESTMACOTT STREET: £40,000 (Sold on 10 Apr 1995)
  • Other
    • The average price is around £168,167 median price is £180,000 Standard Deviation is £55,947 with Total Sold: 3
    • The Last 5 Year average price is £137,250 with Total Sold: 2
    • The most recent sale happened at this postcode is , 31 ARMSTRONG STREET: £94,500 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is , 63 ARMSTRONG STREET: £230,000 (Sold on 01 Jun 2017)
  • Detached
    • The average price is around £205,286 median price is £220,000 Standard Deviation is £90,193 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 , THE GUN INN : £117,000 (Sold on 18 Oct 1999)
  • Semi-Detached
    • The average price is around £118,617 median price is £111,750 Standard Deviation is £60,047 with Total Sold: 12
    • The most recent sale happened at this postcode is , 2 WESTMACOTT STREET: £44,000 (Sold on 31 Oct 2017)
    • The first recorded sale happened at this postcode is , 3 REDE SQUARE: £59,950 (Sold on 29 Nov 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,0001
2023£180,000 £1,954 2
2022£160,000 £1,778 1
2021£137,500 £2,083 2
2018£120,167 £1,463 3
2017£109,975 £1,302 2
2016£106,650 £1,488 3
2015£45,000 £584 1
2014£152,000 £1,626 2
2013£122,5002
2012£105,000 £1,528 1
2011£124,000 £1,452 2
2010£118,0001
2009£129,0001
2008£90,0001
2007£106,000 £1,535 5
2006£146,483 £1,400 6
2005£122,200 £1,433 5
2004£112,625 £1,268 4
2003£74,190 £1,006 8
2002£94,0001
2001£39,000 £398 3
2000£40,083 £437 6
1999£55,000 £506 2
1998£34,750 £238 2
1997£33,250 £444 4
1996£37,700 £369 5
1995£33,583 £480 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£94,5001
2021£180,0001
2017£230,000 £1,544 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£270,000 £2,348 1
2017£220,000 £1,913 1
2006£220,0001
2004£375,000 £1,794 1
2002£130,0001
2001£105,000 £913 1
1999£117,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£44,000 £524 1
2013£210,000 £1,148 1
2011£168,500 £1,296 1
2006£205,000 £1,881 1
2005£158,000 £1,215 1
2004£164,950 £1,513 1
2003£96,167 £1,206 3
2001£60,000 £550 1
1998£64,500 £496 1
1996£59,950 £461 1

House Type in NE48 2TF area

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