Housing Market Analysis for NE48 3LB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £176,510 median price is £213,550 Standard Deviation is £71,254 with Total Sold: 5
    • The Last 5 Year average price is £265,000 with Total Sold: 1
    • The most recent sale happened at this postcode is GREENRAILS, 9 ELLIOTT TERRACE: £265,000 (Sold on 22 Aug 2022)
    • The first recorded sale happened at this postcode is GREENRAILS, 9 ELLIOTT TERRACE: £94,000 (Sold on 15 Oct 2001)
  • Detached
    • The average price is around £269,250 median price is £281,000 Standard Deviation is £96,573 with Total Sold: 6
    • The Last 5 Year average price is £337,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WILLOW COTTAGE: £337,000 (Sold on 06 May 2022)
    • The first recorded sale happened at this postcode is WILLOW COTTAGE: £128,500 (Sold on 10 Dec 1999)
  • Semi-Detached
    • The average price is around £110,590 median price is £117,485 Standard Deviation is £52,897 with Total Sold: 8
    • The Last 5 Year average price is £166,000 with Total Sold: 3
    • The most recent sale happened at this postcode is BURNSIDE COTTAGE: £195,000 (Sold on 18 Feb 2022)
    • The first recorded sale happened at this postcode is NORMACOT HOUSE: £103,200 (Sold on 26 Feb 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 3LB 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£265,000 £1,840 1
2017£220,000 £1,528 1
2013£90,0001
2009£213,550 £1,483 1
2001£94,000 £653 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£337,000 £2,785 1
2016£385,000 £2,048 1
2004£180,0001
2002£360,000 £1,915 1
2001£225,000 £1,197 1
1999£128,500 £1,062 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£195,000 £1,667 1
2021£148,000 £1,310 1
2019£155,000 £1,325 1
2006£70,0001
2002£43,7501
2001£131,770 £775 1
2000£38,0001
1999£103,200 £607 1

All the Sales in the NE48 3LB

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

AddressSold DatePrice% Change
GREENRAILS, 9 ELLIOTT TERRACETerraced, FreeholdArea: 144 Sq.mtrAge: before 190022 Aug 2022£265,00020.45%
02 Jun 2017£220,0003.02%
09 Sep 2009£213,550127.18%
15 Oct 2001£94,000First Sale
WILLOW COTTAGEDetached, FreeholdArea: 121 Sq.mtrAge: 1900-192906 May 2022£337,000162.26%
10 Dec 1999£128,500First Sale
BURNSIDE COTTAGESemi-Detached, FreeholdArea: 117 Sq.mtrAge: before 190018 Feb 2022£195,00025.81%
01 Apr 2019£155,000First Sale
BURNSIDE HOUSESemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1900-192918 Jun 2021£148,000First Sale
THE NOOKDetached, FreeholdArea: 188 Sq.mtrAge: before 190031 Oct 2016£385,0006.94%
02 Aug 2002£360,00060.00%
29 Jun 2001£225,000First Sale
DENE HOUSETerraced, Freehold25 Nov 2013£90,000First Sale
NORMACOT COTTAGESemi-Detached, Freehold02 Jun 2006£70,00060.00%
26 Apr 2002£43,75015.13%
29 Sep 2000£38,000First Sale
FIRSBROOKDetached, Freehold10 Sep 2004£180,000First Sale
NORMACOT HOUSESemi-Detached, FreeholdArea: 170 Sq.mtrAge: before 190020 Dec 2001£131,77027.68%
26 Feb 1999£103,200First Sale

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

NE48 3LB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £113,946 median price is £112,000 Standard Deviation is £53,510 with Total Sold: 111
    • The Last 5 Year average price is £157,080 with Total Sold: 25
    • The most recent sale happened at this postcode is , 5 ELLIOTT TERRACE: £185,500 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 TYNE VIEW: £41,500 (Sold on 10 Feb 1995)
  • Semi-Detached
    • The average price is around £135,507 median price is £131,770 Standard Deviation is £75,260 with Total Sold: 65
    • The Last 5 Year average price is £194,077 with Total Sold: 13
    • The most recent sale happened at this postcode is , FAIR VIEW CHURCH LANE: £258,500 (Sold on 09 May 2024)
    • The first recorded sale happened at this postcode is , THE CEDARS THE GROVE: £50,000 (Sold on 29 Sep 1995)
  • Other
    • The average price is around £153,482 median price is £140,498 Standard Deviation is £86,886 with Total Sold: 6
    • The Last 5 Year average price is £220,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , POST OFFICE : £240,000 (Sold on 28 Feb 2024)
    • The first recorded sale happened at this postcode is , BLACK BULL HOTEL : £271,400 (Sold on 18 Sep 2014)
  • Detached
    • The average price is around £226,170 median price is £209,000 Standard Deviation is £119,901 with Total Sold: 65
    • The Last 5 Year average price is £303,500 with Total Sold: 12
    • The most recent sale happened at this postcode is , THE THREASHINGS : £635,000 (Sold on 14 Nov 2023)
    • The first recorded sale happened at this postcode is , HAZEL RIGG CHURCH LANE: £58,500 (Sold on 28 Apr 1995)
  • Flat
    • The average price is around £76,168 median price is £82,496 Standard Deviation is £29,799 with Total Sold: 25
    • The Last 5 Year average price is £104,167 with Total Sold: 3
    • The most recent sale happened at this postcode is 2, BANK HOUSE : £92,500 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is 3, THE HOTTERS : £46,950 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£143,2502
2023£165,125 £2,009 4
2022£166,500 £1,711 5
2021£141,429 £2,018 7
2020£208,000 £2,065 3
2019£133,375 £1,346 4
2018£112,000 £1,352 4
2017£134,333 £1,306 6
2016£119,667 £1,417 6
2015£111,500 £1,437 3
2014£100,000 £1,712 1
2013£124,300 £1,307 5
2012£86,833 £1,315 3
2011£160,500 £1,355 3
2010£140,000 £1,584 1
2009£133,325 £1,196 2
2008£127,500 £1,470 2
2007£194,000 £1,672 2
2006£122,833 £1,392 3
2005£157,125 £1,652 4
2004£95,833 £1,033 6
2003£84,138 £985 8
2002£75,333 £685 3
2001£71,500 £653 8
2000£40,000 £526 1
1999£64,412 £600 4
1998£79,333 £477 3
1997£44,288 £555 4
1996£47,000 £556 1
1995£32,833 £435 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£259,500 £2,000 3
2023£214,500 £2,293 2
2022£141,000 £1,339 2
2021£148,000 £1,310 1
2020£160,000 £1,964 1
2019£181,375 £1,612 4
2018£162,500 £1,610 3
2015£150,000 £1,515 1
2014£161,000 £1,626 1
2012£230,000 £1,746 1
2011£197,950 £1,307 1
2010£171,667 £1,797 3
2009£141,000 £1,442 1
2008£165,576 £1,393 4
2007£203,500 £1,315 2
2006£148,000 £1,982 4
2005£175,0002
2004£185,125 £1,594 4
2003£63,0002
2002£60,062 £671 4
2001£78,554 £615 5
2000£67,333 £591 6
1999£76,350 £607 2
1997£46,000 £295 2
1996£50,500 £313 2
1995£71,000 £698 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,0001
2023£200,0001
2018£69,830 £1,000 3
2014£271,4001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£389,583 £2,489 3
2022£296,750 £3,432 4
2021£297,500 £1,242 2
2020£360,0001
2019£165,625 £2,955 2
2018£249,950 £1,824 1
2017£282,500 £3,000 2
2016£321,667 £1,622 3
2015£247,333 £1,639 3
2014£405,000 £1,920 2
2013£288,500 £1,860 2
2012£217,500 £1,151 2
2010£177,100 £1,283 2
2007£218,000 £2,725 2
2006£285,658 £1,736 6
2005£112,500 £1,812 2
2004£237,347 £1,480 5
2003£155,000 £1,006 2
2002£178,786 £1,115 7
2001£172,140 £911 2
1999£115,362 £822 4
1998£144,9991
1997£72,500 £406 2
1996£38,500 £558 1
1995£51,750 £304 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£92,500 £881 1
2022£130,000 £1,625 1
2021£90,000 £1,364 1
2018£93,500 £1,169 1
2017£82,496 £786 1
2012£110,000 £1,249 1
2011£112,500 £1,071 1
2008£112,500 £1,071 1
2007£96,0001
2006£102,5002
2005£105,000 £1,252 2
2004£70,0001
2003£55,0001
2002£47,750 £582 1
2001£49,333 £568 3
1999£45,0001
1998£48,500 £551 2
1997£20,0001
1996£40,000 £500 1
1995£46,950 £533 1

House Type in NE48 3LB area

The most common house types in the NE48 3LB postcode area are Terraced (50), Detached (37), and Semi-detached (16).

Total112
Terraced50
Detached37
Semi-detached16
converted building4
Flat2
commercial building2
Shared house1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Private rented: Private landlord or letting agency (31).

Owned: Owns outright48
Private rented: Private landlord or letting agency31
Owned: Owns with a mortgage or loan28
Private rented: Other private rented3
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 3LB have 2 people in household (51), and 1 person in household (34).

2 people in household51
1 person in household34
3 people in household14
4 people in household10
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0