Housing Market Analysis for NE48 3LT

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £73,576 median price is £70,000 Standard Deviation is £28,778 with Total Sold: 19
    • The Last 5 Year average price is £92,500 with Total Sold: 1
    • 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)
  • Terraced
    • The average price is around £114,833 median price is £114,500 Standard Deviation is £17,976 with Total Sold: 6
    • The Last 5 Year average price is £133,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2, CORNER HOUSE: £137,000 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is 2, CORNER HOUSE: £80,000 (Sold on 26 Feb 2004)
  • Other
    • The average price is around £47,500 median price is £47,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is WARK FILLING STATION: £47,500 (Sold on 21 Dec 2018)
    • The first recorded sale happened at this postcode is WARK FILLING STATION: £47,500 (Sold on 21 Dec 2018)
  • Detached
    • The average price is around £185,000 median price is £185,000 Standard Deviation is £65,000 with Total Sold: 2
    • The most recent sale happened at this postcode is SHANGRILA: £250,000 (Sold on 20 Nov 2015)
    • The first recorded sale happened at this postcode is ORCHARD HOUSE: £120,000 (Sold on 28 Jun 2002)
  • Semi-Detached
    • The average price is around £95,000 median price is £95,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, CORNER HOUSE: £95,000 (Sold on 05 Feb 2008)
    • The first recorded sale happened at this postcode is 1, CORNER HOUSE: £95,000 (Sold on 05 Feb 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 3LT 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£92,500 £881 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 £1,192 1
2004£70,0001
2003£55,0001
2001£49,333 £568 3
1999£45,0001
1998£48,500 £551 2
1997£20,0001
1995£46,950 £533 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£137,000 £1,986 1
2021£130,000 £1,884 1
2017£113,000 £1,638 1
2008£115,000 £1,667 1
2005£114,000 £1,652 1
2004£80,000 £1,159 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£47,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£250,000 £2,000 1
2002£120,000 £571 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£95,000 £1,667 1

All the Sales in the NE48 3LT

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

AddressSold DatePrice% Change
2, BANK HOUSEFlat, LeaseholdArea: 105 Sq.mtrAge: before 190006 Apr 2023£92,50012.13%
02 Nov 2017£82,496-26.67%
08 Aug 2011£112,5000.0
31 Jan 2008£112,500First Sale
2, CORNER HOUSETerraced, FreeholdArea: 69 Sq.mtrAge: 1900-192910 Feb 2023£137,0005.38%
15 Mar 2021£130,00015.04%
12 Jul 2017£113,000-1.74%
21 Apr 2008£115,0000.88%
10 Aug 2005£114,00042.50%
26 Feb 2004£80,000First Sale
WARK FILLING STATIONOther, Freehold21 Dec 2018£47,500First Sale
SHANGRILADetached, FreeholdArea: 125 Sq.mtrAge: 1950-196620 Nov 2015£250,000First Sale
3, THE HOTTERSFlat, LeaseholdArea: 88.08 Sq.mtrAge: 1900-192915 Jun 2012£110,0004.76%
10 Jun 2005£105,000110.00%
29 Jun 2001£50,0003.09%
29 May 1998£48,5003.30%
29 Sep 1995£46,950First Sale
1, CORNER HOUSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1900-192905 Feb 2008£95,000First Sale
BANK HOUSEFlat, Freehold27 Apr 2007£96,00037.14%
27 Jul 2004£70,00045.83%
14 Aug 2001£48,000First Sale
2, THE HOTTERSFlat, Freehold24 Mar 2006£102,500First Sale
1, THE HOTTERSFlat, Leasehold24 Mar 2006£102,50086.36%
13 Feb 2003£55,00022.22%
20 Dec 1999£45,000First Sale
ORCHARD HOUSEDetached, FreeholdArea: 210 Sq.mtr28 Jun 2002£120,000First Sale
4, THE HOTTERSFlat, Leasehold29 Jun 2001£50,0003.09%
29 May 1998£48,500142.50%
10 Feb 1997£20,000First Sale

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

NE48 3LT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE48 3LT 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 3LT 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 £230,367 median price is £218,000 Standard Deviation is £122,117 with Total Sold: 69
    • The Last 5 Year average price is £318,893 with Total Sold: 14
    • 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£365,000 £1,621 3
2020£360,0001
2019£217,917 £2,966 3
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£280,564 £1,852 7
2005£112,500 £1,812 2
2004£237,347 £1,480 5
2003£155,000 £1,006 2
2002£171,656 £1,117 8
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 3LT area

The most common house types in the NE48 3LT 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 3LT 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