Housing Market Analysis for MARKET PLACE, NE61 1HG

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

Overview of Sold House prices

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

  • Other
    • The average price is around £615,000 median price is £584,999 Standard Deviation is £180,878 with Total Sold: 3
    • The Last 5 Year average price is £410,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 MARKET PLACE: £850,000 (Sold on 25 Nov 2019)
    • The first recorded sale happened at this postcode is THE BANQUE, 5 MARKET PLACE: £410,000 (Sold on 02 Jul 2024)
  • Terraced
    • The average price is around £85,000 median price is £85,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 MARKET PLACE: £85,000 (Sold on 31 Mar 2000)
    • The first recorded sale happened at this postcode is 3 MARKET PLACE: £85,000 (Sold on 31 Mar 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 1HG 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£850,0001
2018£584,9991
2024£410,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£85,0001

All the Sales in the MARKET PLACE, NE61 1HG

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

AddressSold DatePrice% Change
6 MARKET PLACEOther, Freehold25 Nov 2019£850,000First Sale
11 MARKET PLACEOther, Freehold28 Sep 2018£584,999First Sale
3 MARKET PLACETerraced, Freehold31 Mar 2000£85,000First Sale
THE BANQUE, 5 MARKET PLACEOther, Freehold02 Jul 2024£410,000First Sale

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

MARKET PLACE, NE61 1HG Near By properties

Interactive Map

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

  • Detached
    • The average price is around £296,499 median price is £249,974 Standard Deviation is £208,951 with Total Sold: 216
    • The Last 5 Year average price is £514,525 with Total Sold: 32
    • The most recent sale happened at this postcode is , 8 MANCHESTER STREET: £165,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 6 THORP AVENUE: £243,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £171,582 median price is £147,000 Standard Deviation is £106,304 with Total Sold: 359
    • The Last 5 Year average price is £266,276 with Total Sold: 50
    • The most recent sale happened at this postcode is , 45 MITFORD ROAD: £405,000 (Sold on 10 Sep 2024)
    • The first recorded sale happened at this postcode is , 67 CHURCH WALK: £35,000 (Sold on 20 Mar 1995)
  • Flat
    • The average price is around £140,133 median price is £127,500 Standard Deviation is £79,959 with Total Sold: 1,028
    • The Last 5 Year average price is £173,704 with Total Sold: 148
    • The most recent sale happened at this postcode is 5, CHANTRY MEWS BRIDGE STREET: £185,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is 2, CLOCK TOWER FLATS OLDGATE: £34,500 (Sold on 31 Mar 1995)
  • Terraced
    • The average price is around £142,317 median price is £125,000 Standard Deviation is £89,943 with Total Sold: 1,171
    • The Last 5 Year average price is £208,114 with Total Sold: 177
    • 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 £804,017 median price is £275,000 Standard Deviation is £1,868,865 with Total Sold: 68
    • The Last 5 Year average price is £1,140,309 with Total Sold: 26
    • 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)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£362,0005
2023£668,483 £3,806 6
2022£660,825 £3,690 6
2021£548,690 £2,630 5
2020£393,550 £3,257 10
2019£284,274 £2,120 4
2018£575,833 £2,741 3
2017£293,500 £2,344 4
2016£410,793 £2,568 6
2015£454,433 £2,485 9
2014£296,750 £1,859 4
2013£606,000 £1,951 3
2012£377,658 £2,392 6
2011£330,000 £1,847 4
2010£333,750 £2,704 7
2009£445,667 £2,620 3
2008£491,033 £2,495 6
2007£273,324 £2,552 6
2006£278,010 £2,018 16
2005£251,695 £1,868 10
2004£220,556 £2,035 9
2003£255,417 £1,762 13
2002£195,708 £1,497 12
2001£171,439 £982 9
2000£137,350 £1,315 7
1999£124,986 £1,023 11
1998£113,720 £627 10
1997£111,556 £1,067 8
1996£92,793 £644 7
1995£136,850 £892 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£321,942 £2,527 8
2023£183,830 £2,344 9
2022£289,358 £2,543 12
2021£224,433 £2,243 15
2020£374,167 £3,282 6
2019£165,200 £2,403 5
2018£179,214 £1,859 14
2017£198,167 £1,912 15
2016£209,760 £2,138 15
2015£223,937 £2,197 8
2014£198,646 £2,001 13
2013£133,625 £1,803 4
2012£183,246 £1,622 12
2011£201,844 £1,782 16
2010£206,350 £1,965 10
2009£198,458 £1,630 13
2008£160,405 £1,868 11
2007£166,708 £1,756 25
2006£234,988 £2,173 12
2005£232,375 £1,658 8
2004£209,409 £1,888 11
2003£145,812 £1,099 21
2002£123,341 £1,003 16
2001£100,500 £776 12
2000£67,203 £723 17
1999£72,621 £784 12
1998£69,290 £656 10
1997£71,417 £565 14
1996£70,954 £613 11
1995£51,738 £599 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,786 £2,750 14
2023£188,026 £2,773 36
2022£149,689 £2,682 37
2021£159,007 £2,390 36
2020£179,500 £2,625 25
2019£164,150 £2,623 32
2018£210,308 £2,969 119
2017£168,326 £2,299 38
2016£206,885 £2,720 39
2015£142,740 £2,156 26
2014£135,889 £2,226 19
2013£132,659 £1,994 28
2012£177,731 £2,310 13
2011£123,590 £2,163 17
2010£147,636 £2,390 21
2009£130,577 £2,220 13
2008£156,734 £2,661 19
2007£162,535 £2,378 31
2006£182,216 £2,210 56
2005£151,902 £2,318 23
2004£137,296 £2,010 56
2003£107,576 £1,549 35
2002£91,513 £1,475 46
2001£89,287 £1,306 68
2000£70,968 £1,150 30
1999£62,401 £1,162 40
1998£62,896 £1,149 28
1997£64,128 £1,091 44
1996£45,377 £704 26
1995£42,344 £643 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£228,850 £2,581 15
2023£227,912 £2,078 40
2022£209,495 £2,139 30
2021£179,762 £1,936 56
2020£220,426 £1,915 36
2019£184,014 £1,717 32
2018£192,573 £1,774 49
2017£167,095 £1,724 47
2016£165,342 £1,660 35
2015£178,693 £1,705 35
2014£185,006 £1,792 45
2013£153,246 £1,576 29
2012£174,656 £1,595 16
2011£169,026 £1,669 27
2010£166,228 £1,575 24
2009£162,829 £1,874 12
2008£182,380 £1,813 25
2007£174,024 £1,825 45
2006£162,550 £1,656 68
2005£143,452 £1,592 32
2004£162,071 £1,626 41
2003£136,979 £1,313 50
2002£99,476 £977 54
2001£72,272 £701 59
2000£68,798 £726 49
1999£73,643 £659 46
1998£63,748 £604 57
1997£67,736 £602 47
1996£56,386 £608 44
1995£50,248 £574 26
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£3,572,8336
2023£341,125 £3,333 4
2022£697,500 £26,464 3
2021£423,147 £11,463 7
2020£298,667 £1,818 6
2019£277,271 £46 7
2018£434,694 £8,033 9
2017£488,774 £1,628 9
2016£265,429 £1,853 7
2015£384,886 £11,111 7
2014£3,406,948 £11,806 3

House Type in NE61 1HG area

The most common house types in the NE61 1HG postcode area are Flat (74), Terraced (26), and Detached (8).

Total124
Flat74
Terraced26
Detached8
Shared house6
commercial building6
Semi-detached2
converted building1
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Private rented: Private landlord or letting agency (25).

Owned: Owns outright63
Private rented: Private landlord or letting agency25
Social rented: Other social rented20
Owned: Owns with a mortgage or loan10
Social rented: Rents from council or Local Authority4
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE61 1HG have 1 person in household (84), and 2 people in household (33).

1 person in household84
2 people in household33
3 people in household5
4 people in household4
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0