Housing Market Analysis for NE48 3BU

Are you looking to understand NE48 3BU 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 3BU area, explore the NE48 3BU Area information page.
For comprehensive crime statistics in the NE48 3BU area, explore the NE48 3BU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE48 3BU postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE48 3BU 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 3BU

    See the table below for more details on the sold house prices in the NE48 3BU, Northumberland postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE48 3BU postcode. Properties currently for saleProperties currently for rent

    NE48 3BU Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE48 3BU 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 3BU postcode.

    • Detached
      • The average price is around £72,750 median price is £72,750 Standard Deviation is £5,750 with Total Sold: 2
      • The Last 5 Year average price is £67,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 12 THE CHALETS: £67,000 (Sold on 12 Apr 2024)
      • The first recorded sale happened at this postcode is , 18 KERN GREEN: £78,500 (Sold on 26 Oct 2001)
    • Terraced
      • The average price is around £88,933 median price is £99,500 Standard Deviation is £42,163 with Total Sold: 41
      • The Last 5 Year average price is £129,000 with Total Sold: 5
      • The most recent sale happened at this postcode is , 16 KERN GREEN: £170,000 (Sold on 03 Feb 2023)
      • The first recorded sale happened at this postcode is , 12 MIDDLE BURN END: £17,250 (Sold on 30 Jun 1995)
    • Semi-Detached
      • The average price is around £102,262 median price is £130,000 Standard Deviation is £51,164 with Total Sold: 13
      • The Last 5 Year average price is £150,500 with Total Sold: 2
      • The most recent sale happened at this postcode is , 8 MIDDLE BURN END: £171,000 (Sold on 25 Aug 2022)
      • The first recorded sale happened at this postcode is , 8 MIDDLE BURN END: £28,500 (Sold on 03 Feb 1995)
    • Other
      • The average price is around £25,000 median price is £25,000 Standard Deviation is £0 with Total Sold: 1
      • The most recent sale happened at this postcode is , 12 THE CHALETS: £25,000 (Sold on 09 May 2018)
      • The first recorded sale happened at this postcode is , 12 THE CHALETS: £25,000 (Sold on 09 May 2018)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£67,0001
    2001£78,500 £609 1
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£170,000 £1,478 1
    2021£90,000 £818 1
    2020£133,000 £1,173 1
    2019£126,000 £990 2
    2017£117,000 £958 2
    2016£120,000 £1,034 1
    2015£117,643 £953 7
    2014£135,000 £1,160 1
    2013£130,000 £1,008 1
    2012£80,000 £730 1
    2010£106,750 £1,185 2
    2006£138,2502
    2005£117,500 £1,042 2
    2002£55,500 £548 3
    2001£53,500 £468 4
    1999£48,2502
    1998£37,250 £326 2
    1997£33,833 £281 3
    1996£41,7502
    1995£17,250 £149 1
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£171,000 £1,569 1
    2020£130,000 £1,275 1
    2011£145,000 £1,330 1
    2010£146,167 £1,306 3
    2006£130,000 £1,189 1
    2004£113,0001
    2001£59,9501
    2000£44,500 £436 1
    1997£34,475 £321 2
    1995£28,500 £261 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2018£25,000 £463 1

    House Type in NE48 3BU area

    The most common house types in the NE48 3BU postcode area are Detached (67), Terraced (37), and Semi-detached (6).

    Total113
    Detached67
    Terraced37
    Semi-detached6
    converted building2
    Flat1
    Shared house0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Owned: Owns with a mortgage or loan (33).

    Owned: Owns outright48
    Owned: Owns with a mortgage or loan33
    Private rented: Private landlord or letting agency28
    Private rented: Other private rented2
    Shared ownership: Shared ownership1
    Social rented: Other social rented1
    Does not apply0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE48 3BU have 2 people in household (58), and 1 person in household (23).

    2 people in household58
    1 person in household23
    3 people in household16
    4 people in household12
    5 people in household5
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0