Housing Market Analysis for NE61 1BW

Are you looking to understand NE61 1BW 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 NE61 1BW area, explore the NE61 1BW Area information page.
For comprehensive crime statistics in the NE61 1BW area, explore the NE61 1BW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE61 1BW postcode area, The average prices are as follows,

Flat
- The average price is around £113,297 median price is £86,450 Standard Deviation is £46,974 with Total Sold: 35
- The Last 5 Year average price is £158,400 with Total Sold: 5
- The most recent sale happened at this postcode is 2, WELLWAY COURT: £170,000 (Sold on 02 Jun 2023)
- The first recorded sale happened at this postcode is 2, WELLWAY COURT: £77,950 (Sold on 14 Apr 1997)
Detached
- The average price is around £132,862 median price is £122,500 Standard Deviation is £57,783 with Total Sold: 8
- The most recent sale happened at this postcode is 15, WELLWAY COURT: £255,000 (Sold on 29 Sep 2017)
- The first recorded sale happened at this postcode is 17, WELLWAY COURT: £69,950 (Sold on 28 Apr 1997)
Terraced
- The average price is around £94,500 median price is £94,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 8, WELLWAY COURT: £94,500 (Sold on 14 Aug 1998)
- The first recorded sale happened at this postcode is 8, WELLWAY COURT: £94,500 (Sold on 14 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 1BW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£142,500	£1,804	2
2021	£169,000	£2,135	3
2018	£173,000	£2,544	1
2017	£128,000	£2,000	1
2016	£212,500	£2,083	1
2015	£162,000	£2,285	2
2014	£120,000	£1,463	1
2013	£170,000	£2,166	1
2009	£150,000	£2,885	1
2005	£187,000		1
2003	£134,250		2
2002	£82,765		3
2001	£91,950		1
2000	£56,500	£951	2
1999	£84,650	£1,269	3
1998	£74,750	£1,175	2
1997	£72,962	£1,202	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£255,000	£2,656	1
2002	£137,250		2
2000	£72,500	£1,151	1
1999	£130,475	£1,127	2
1998	£130,000		1
1997	£69,950		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1998	£94,500		1

All the Sales in the NE61 1BW

See the table below for more details on the sold house prices in the NE61 1BW, Northumberland postcode.

Address	Sold Date	Price	% Change
2, WELLWAY COURTFlat, LeaseholdArea: 79 Sq.mtrAge: 1996-2002	02 Jun 2023	£170,000	15.65%
	05 Jan 2021	£147,000	-21.39%
	30 Aug 2005	£187,000	45.53%
	11 Apr 2003	£128,500	52.99%
	08 Feb 2002	£83,995	7.75%
	14 Apr 1997	£77,950	First Sale
11, WELLWAY COURTFlat, LeaseholdArea: 79 Sq.mtrAge: 1991-1995	22 Feb 2023	£115,000	58.18%
	12 Dec 1997	£72,700	First Sale
13, WELLWAY COURTFlat, LeaseholdArea: 56.77 Sq.mtrAge: 1996-2002	10 Dec 2021	£130,000	-13.33%
	23 Jan 2009	£150,000	212.50%
	28 Jan 2000	£48,000	-23.20%
	07 May 1997	£62,500	First Sale
6, WELLWAY COURTFlat, LeaseholdArea: 102 Sq.mtrAge: 1996-2002	24 Mar 2021	£230,000	8.24%
	18 Mar 2016	£212,500	84.78%
	03 Dec 1999	£115,000	First Sale
18, WELLWAY COURTFlat, LeaseholdArea: 68 Sq.mtrAge: 1991-1995	06 Dec 2018	£173,000	160.15%
	20 May 1997	£66,500	First Sale
15, WELLWAY COURTDetached, LeaseholdArea: 96 Sq.mtrAge: 1996-2002	29 Sep 2017	£255,000	96.15%
	15 May 1998	£130,000	First Sale
4, WELLWAY COURTFlat, LeaseholdArea: 64 Sq.mtrAge: 1996-2002	27 Jun 2017	£128,000	59.01%
	07 May 1997	£80,500	First Sale
8, WELLWAY COURTFlat, LeaseholdArea: 78.4 Sq.mtrAge: 1996-2002	21 Aug 2015	£184,000	94.71%
	14 Aug 1998	£94,500	First Sale
17, WELLWAY COURTFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-2002	24 Jul 2015	£140,000	48.15%
	19 Apr 2002	£94,500	30.34%
	07 Jan 2000	£72,500	3.65%
	28 Apr 1997	£69,950	First Sale
10, WELLWAY COURTFlat, LeaseholdArea: 82 Sq.mtrAge: 1996-2002	29 Sep 2014	£120,000	70.21%
	30 May 1997	£70,500	First Sale
7, WELLWAY COURTFlat, LeaseholdArea: 78.47 Sq.mtrAge: 1996-2002	26 Mar 2013	£170,000	96.65%
	28 May 1999	£86,450	First Sale
1, WELLWAY COURTFlat, Leasehold	31 Oct 2003	£140,000	77.22%
	08 Feb 2002	£79,000	21.54%
	20 Jun 2000	£65,000	-10.34%
	25 Apr 1997	£72,500	First Sale
16, WELLWAY COURTDetached, Leasehold	15 Jul 2002	£180,000	23.33%
16, WELLWAY COURTDetached, Leasehold	03 Dec 1999	£145,950	First Sale
5, WELLWAY COURTFlat, Leasehold	05 Apr 2002	£85,300	3.39%
5, WELLWAY COURTFlat, Leasehold	09 Jul 1999	£82,500	First Sale
9, WELLWAY COURTFlat, Leasehold	22 May 2001	£91,950	8.18%
9, WELLWAY COURTFlat, Leasehold	01 Apr 1999	£85,000	First Sale
3, WELLWAY COURTFlat, Leasehold	28 Sep 1998	£79,000	First Sale
14, WELLWAY COURTFlat, LeaseholdArea: 60 Sq.mtrAge: 1991-1995	14 Aug 1998	£70,500	First Sale
12, WELLWAY COURTFlat, Leasehold	12 May 1997	£80,550	First Sale

Check out the sold house prices near the NE61 1BW postcode. Properties currently for saleProperties currently for rent

NE61 1BW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE61 1BW 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 NE61 1BW postcode.

Detached
- The average price is around £320,305 median price is £289,995 Standard Deviation is £201,602 with Total Sold: 277
- The Last 5 Year average price is £463,778 with Total Sold: 59
- The most recent sale happened at this postcode is , 6 MORRISON ROAD: £335,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 6 THORP AVENUE: £243,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £138,534 median price is £125,000 Standard Deviation is £79,920 with Total Sold: 1,002
- The Last 5 Year average price is £167,718 with Total Sold: 170
- The most recent sale happened at this postcode is , 4A KINGS AVENUE: £465,000 (Sold on 20 Aug 2024)
- The first recorded sale happened at this postcode is 4, POTTERY BANK COURT : £50,000 (Sold on 13 Jan 1995)
Terraced
- The average price is around £155,430 median price is £138,000 Standard Deviation is £95,369 with Total Sold: 913
- The Last 5 Year average price is £227,724 with Total Sold: 158
- The most recent sale happened at this postcode is , 35 MITFORD ROAD: £390,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 35 HOWARD TERRACE: £85,000 (Sold on 13 Jan 1995)
Other
- The average price is around £813,838 median price is £280,000 Standard Deviation is £1,891,025 with Total Sold: 66
- The Last 5 Year average price is £1,000,907 with Total Sold: 32
- The most recent sale happened at this postcode is , 57 BRIDGE STREET: £342,000 (Sold on 18 Jul 2024)
- The first recorded sale happened at this postcode is , 28 NEWGATE STREET: £270,000 (Sold on 19 Jun 2014)
Semi-Detached
- The average price is around £193,572 median price is £169,999 Standard Deviation is £114,774 with Total Sold: 321
- The Last 5 Year average price is £278,597 with Total Sold: 48
- The most recent sale happened at this postcode is , 12 ST MARKS STREET: £232,500 (Sold on 16 Jul 2024)
- The first recorded sale happened at this postcode is , WAYSIDE COTTINGWOOD LANE: £86,950 (Sold on 24 May 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£447,500	£2,977	4
2023	£559,998	£3,806	7
2022	£561,362	£3,581	15
2021	£513,869	£2,905	8
2020	£432,365	£3,034	15
2019	£263,608	£2,313	10
2018	£407,702	£2,559	12
2017	£348,482	£2,597	13
2016	£342,808	£2,758	16
2015	£459,790	£2,349	10
2014	£348,500	£1,733	5
2013	£498,417	£2,111	6
2012	£380,900	£2,334	5
2011	£337,700	£1,826	5
2010	£395,000	£2,564	6
2009	£375,500	£2,217	4
2008	£491,622	£2,494	9
2007	£293,992	£2,476	7
2006	£295,731	£2,027	18
2005	£252,333	£1,868	9
2004	£220,556	£2,035	9
2003	£263,340	£1,551	13
2002	£201,227	£1,486	11
2001	£171,579	£939	12
2000	£127,408	£1,148	6
1999	£130,850	£993	11
1998	£127,745	£567	11
1997	£112,869	£835	8
1996	£97,343	£641	7
1995	£141,400	£878	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£213,400	£2,750	10
2023	£181,366	£2,744	34
2022	£149,681	£2,682	36
2021	£154,371	£2,390	33
2020	£180,354	£2,625	24
2019	£163,646	£2,604	33
2018	£210,308	£2,969	119
2017	£170,646	£2,336	37
2016	£206,885	£2,720	39
2015	£142,740	£2,156	26
2014	£135,626	£2,205	19
2013	£134,759	£2,012	27
2012	£177,731	£2,310	13
2011	£123,877	£2,180	16
2010	£147,020	£2,390	20
2009	£130,885	£2,248	13
2008	£157,164	£2,661	18
2007	£160,503	£2,377	31
2006	£182,632	£2,210	54
2005	£151,033	£2,318	23
2004	£133,312	£2,024	42
2003	£107,793	£1,597	33
2002	£91,221	£1,475	48
2001	£89,413	£1,306	69
2000	£71,802	£1,160	30
1999	£62,540	£1,172	39
1998	£62,797	£1,189	29
1997	£64,128	£1,091	44
1996	£45,232	£724	25
1995	£45,387	£643	18

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£219,604	£2,581	12
2023	£261,179	£2,221	28
2022	£229,568	£2,355	27
2021	£201,731	£2,071	39
2020	£245,459	£2,066	28
2019	£212,227	£1,853	24
2018	£214,740	£1,878	37
2017	£180,901	£1,853	36
2016	£181,724	£1,813	26
2015	£191,121	£1,788	29
2014	£196,487	£1,852	39
2013	£170,390	£1,653	21
2012	£206,136	£1,753	11
2011	£183,691	£1,766	22
2010	£178,099	£1,623	20
2009	£173,541	£1,863	11
2008	£197,500	£1,951	20
2007	£193,786	£1,914	33
2006	£178,499	£1,763	50
2005	£165,429	£1,793	21
2004	£173,529	£1,720	34
2003	£146,354	£1,399	42
2002	£114,229	£1,069	41
2001	£86,577	£820	38
2000	£79,177	£802	35
1999	£80,338	£691	37
1998	£66,655	£614	48
1997	£70,854	£614	42
1996	£58,159	£646	41
1995	£53,021	£585	21

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£3,572,833		6
2023	£368,900	£3,333	5
2022	£697,500	£26,464	3
2021	£423,147	£11,463	7
2020	£352,000	£1,818	5
2019	£322,167		6
2018	£434,694	£8,033	9
2017	£374,871	£1,628	8
2016	£265,429	£1,853	7
2015	£384,886	£11,111	7
2014	£3,406,948	£11,806	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£274,760	£2,527	4
2023	£280,250	£3,100	4
2022	£320,146	£2,520	13
2021	£248,308	£2,284	13
2020	£377,000	£3,039	5
2019	£208,634	£2,711	9
2018	£250,750	£2,000	12
2017	£233,372	£2,194	22
2016	£245,777	£2,332	13
2015	£250,416	£2,353	6
2014	£202,582	£2,073	11
2013	£129,167	£1,807	3
2012	£204,744	£1,639	8
2011	£219,656	£1,832	16
2010	£206,350	£1,965	10
2009	£255,223	£1,703	11
2008	£209,306	£2,188	8
2007	£201,339	£1,978	19
2006	£232,488	£2,047	12
2005	£251,286	£1,714	7
2004	£232,556	£2,083	9
2003	£168,688	£1,234	16
2002	£135,808	£1,073	13
2001	£130,338	£858	12
2000	£73,622	£738	16
1999	£83,359	£825	11
1998	£92,828	£698	9
1997	£83,656	£627	15
1996	£74,050	£637	10
1995	£46,988	£776	4

House Type in NE61 1BW area

The most common house types in the NE61 1BW postcode area are Terraced (40), Detached (37), and Semi-detached (35).

Total	150
Terraced	40
Detached	37
Semi-detached	35
Flat	34
Shared house	2
temporary structure	2
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (101), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright	101
Owned: Owns with a mortgage or loan	33
Private rented: Private landlord or letting agency	12
Social rented: Other social rented	2
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NE61 1BW have 2 people in household (59), and 1 person in household (46).

2 people in household	59
1 person in household	46
3 people in household	23
4 people in household	21
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0