Housing Market Analysis for WESTACRES, NE48 3LW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £109,777 median price is £110,000 Standard Deviation is £40,519 with Total Sold: 13
    • The Last 5 Year average price is £153,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 2 WESTACRES: £145,000 (Sold on 29 Jun 2022)
    • The first recorded sale happened at this postcode is 7 WESTACRES: £24,650 (Sold on 03 Feb 1997)
  • Semi-Detached
    • The average price is around £51,500 median price is £49,500 Standard Deviation is £3,189 with Total Sold: 3
    • The most recent sale happened at this postcode is 8 WESTACRES: £56,000 (Sold on 19 Dec 2001)
    • The first recorded sale happened at this postcode is 21 WESTACRES: £49,000 (Sold on 23 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE48 3LW 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£147,500 £1,621 2
2021£159,000 £1,840 2
2018£98,000 £1,153 1
2017£114,000 £1,273 2
2016£110,000 £1,259 1
2010£140,000 £1,584 1
2004£90,000 £1,019 1
2003£71,500 £819 1
1999£51,950 £595 1
1997£24,6501
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£56,0001
1999£49,5001
1997£49,0001

All the Sales in the WESTACRES, NE48 3LW

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

AddressSold DatePrice% Change
2 WESTACRESTerraced, FreeholdArea: 91 Sq.mtrAge: 1976-198229 Jun 2022£145,000First Sale
3 WESTACRESTerraced, FreeholdArea: 91 Sq.mtrAge: 1967-197522 Apr 2022£150,00027.12%
20 Nov 2017£118,000First Sale
10 WESTACRESTerraced, FreeholdArea: 88 Sq.mtrAge: 1967-197513 Dec 2021£153,00039.09%
28 Jul 2017£110,000First Sale
11 WESTACRESTerraced, FreeholdArea: 85 Sq.mtrAge: 1967-197526 Nov 2021£165,000First Sale
22 WESTACRESTerraced, FreeholdArea: 85 Sq.mtrAge: 1967-197515 Jun 2018£98,000First Sale
17 WESTACRESTerraced, FreeholdArea: 87.34 Sq.mtrAge: 1967-197517 Oct 2016£110,00053.85%
28 Feb 2003£71,50037.63%
29 Jun 1999£51,950First Sale
9 WESTACRESTerraced, FreeholdArea: 88.36 Sq.mtr27 Jan 2010£140,00055.56%
10 Mar 2004£90,000First Sale
8 WESTACRESSemi-Detached, Freehold19 Dec 2001£56,000First Sale
21 WESTACRESSemi-Detached, Freehold20 Dec 1999£49,5001.02%
23 May 1997£49,000First Sale
7 WESTACRESTerraced, Freehold03 Feb 1997£24,650First Sale

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

WESTACRES, NE48 3LW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE48 3LW 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 3LW 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 3LW area

The most common house types in the NE48 3LW postcode area are Semi-detached (48), Terraced (43), and Detached (25).

Total116
Semi-detached48
Terraced43
Detached25
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 (43), and Social rented: Other social rented (37).

Owned: Owns outright43
Social rented: Other social rented37
Owned: Owns with a mortgage or loan22
Social rented: Rents from council or Local Authority7
Private rented: Private landlord or letting agency5
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0

Number of People in a Household

The most houses in the NE48 3LW have 2 people in household (51), and 1 person in household (42).

2 people in household51
1 person in household42
4 people in household11
3 people in household10
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0