Housing Market Analysis for THE GROVE, NE61 1HY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £229,143 median price is £160,000 Standard Deviation is £131,343 with Total Sold: 7
    • The most recent sale happened at this postcode is 3 THE GROVE: £425,000 (Sold on 26 Sep 2019)
    • The first recorded sale happened at this postcode is 3 THE GROVE: £89,000 (Sold on 23 May 1997)
  • Semi-Detached
    • The average price is around £282,375 median price is £302,250 Standard Deviation is £80,495 with Total Sold: 4
    • The most recent sale happened at this postcode is 4 THE GROVE: £370,000 (Sold on 24 Oct 2016)
    • The first recorded sale happened at this postcode is 2 THE GROVE: £155,000 (Sold on 18 Jun 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 1HY 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
2019£425,000 £2,607 1
2011£367,000 £2,783 1
2006£335,000 £2,540 1
2001£160,000 £1,176 1
1999£139,000 £853 1
1997£89,000 £600 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£370,000 £2,721 1
2006£327,000 £2,404 1
2004£277,500 £2,104 1
2002£155,000 £1,175 1

All the Sales in the THE GROVE, NE61 1HY

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

AddressSold DatePrice% Change
3 THE GROVETerraced, FreeholdArea: 163 Sq.mtrAge: before 190026 Sep 2019£425,000205.76%
28 May 1999£139,00056.18%
23 May 1997£89,000First Sale
4 THE GROVESemi-Detached, FreeholdArea: 136 Sq.mtrAge: before 190024 Oct 2016£370,00013.15%
10 May 2006£327,000104.38%
16 Feb 2001£160,00079.78%
05 Jun 1997£89,000First Sale
2 THE GROVETerraced, FreeholdArea: 131.891 Sq.mtrAge: before 190018 Nov 2011£367,0009.55%
30 Jun 2006£335,00020.72%
13 Aug 2004£277,50079.03%
18 Jun 2002£155,000First Sale

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

THE GROVE, NE61 1HY Near By properties

Interactive Map

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

  • Detached
    • The average price is around £335,537 median price is £315,000 Standard Deviation is £195,272 with Total Sold: 289
    • The Last 5 Year average price is £491,275 with Total Sold: 53
    • 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 £205,059 median price is £185,000 Standard Deviation is £121,903 with Total Sold: 280
    • The Last 5 Year average price is £320,583 with Total Sold: 35
    • 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 , WAYSIDE COTTINGWOOD LANE: £86,950 (Sold on 24 May 1995)
  • Flat
    • The average price is around £136,622 median price is £122,000 Standard Deviation is £81,669 with Total Sold: 760
    • The Last 5 Year average price is £166,696 with Total Sold: 113
    • 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 4, POTTERY BANK COURT : £50,000 (Sold on 13 Jan 1995)
  • Terraced
    • The average price is around £168,879 median price is £160,000 Standard Deviation is £99,538 with Total Sold: 708
    • The Last 5 Year average price is £253,439 with Total Sold: 102
    • 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 £847,271 median price is £275,000 Standard Deviation is £1,961,835 with Total Sold: 61
    • The Last 5 Year average price is £1,182,841 with Total Sold: 25
    • 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£391,000 £2,977 5
2023£551,248 £3,698 8
2022£561,362 £3,581 15
2021£499,911 £2,870 9
2020£422,061 £3,082 16
2019£326,926 £2,489 14
2018£425,870 £2,629 20
2017£363,687 £2,634 17
2016£321,026 £2,696 20
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£313,658 £2,340 6
2006£297,304 £2,012 17
2005£275,000 £1,967 7
2004£265,083 £1,907 6
2003£274,452 £1,405 12
2002£201,227 £1,486 11
2001£187,612 £939 13
2000£127,408 £1,148 6
1999£148,594 £1,030 9
1998£134,795 £505 10
1997£120,421 £736 7
1996£97,343 £641 7
1995£160,750 £976 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£398,500 £2,562 5
2023£265,500 £2,814 2
2022£334,742 £2,522 12
2021£254,091 £2,291 11
2020£377,000 £3,039 5
2019£224,284 £2,678 6
2018£252,636 £1,953 11
2017£240,599 £2,231 22
2016£295,220 £2,463 10
2015£266,500 £2,409 5
2014£202,582 £2,073 11
2013£125,000 £1,420 1
2012£213,279 £1,576 7
2011£249,583 £1,741 12
2010£213,722 £1,938 9
2009£255,223 £1,703 11
2008£222,908 £2,028 6
2007£208,438 £1,922 17
2006£276,931 £1,953 8
2005£266,500 £1,408 6
2004£259,857 £2,345 7
2003£173,857 £1,323 14
2002£143,292 £1,123 12
2001£136,232 £858 11
2000£74,000 £732 14
1999£86,495 £839 10
1998£95,744 £618 8
1997£85,931 £627 14
1996£77,444 £690 9
1995£46,988 £776 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£232,900 £2,439 10
2023£173,171 £2,376 26
2022£142,815 £2,465 27
2021£151,750 £2,281 31
2020£181,316 £2,562 19
2019£163,811 £2,347 19
2018£236,143 £2,618 23
2017£172,835 £2,331 34
2016£220,113 £2,816 31
2015£140,462 £2,060 20
2014£146,994 £2,098 17
2013£134,333 £1,881 21
2012£191,750 £2,270 12
2011£122,502 £2,107 13
2010£164,539 £2,518 9
2009£136,375 £2,345 12
2008£161,591 £2,686 16
2007£167,312 £2,302 29
2006£187,884 £2,237 51
2005£162,868 £2,469 17
2004£144,909 £1,981 44
2003£112,856 £1,669 28
2002£94,002 £1,471 40
2001£92,771 £1,317 63
2000£74,530 £1,178 27
1999£65,611 £1,250 32
1998£66,658 £1,235 26
1997£66,545 £1,195 39
1996£63,845 £764 10
1995£43,212 £545 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£287,643 £3,625 7
2023£279,292 £2,223 24
2022£243,795 £2,466 20
2021£221,429 £2,184 28
2020£263,407 £2,250 23
2019£241,615 £2,013 17
2018£239,687 £1,955 28
2017£194,218 £1,989 33
2016£160,254 £1,605 31
2015£210,263 £1,822 19
2014£214,613 £1,823 31
2013£185,246 £1,630 17
2012£216,556 £1,771 9
2011£191,379 £1,752 19
2010£201,209 £1,760 16
2009£173,541 £1,863 11
2008£205,118 £1,975 17
2007£207,806 £1,904 26
2006£190,341 £1,748 40
2005£180,885 £1,963 13
2004£185,815 £1,600 23
2003£157,931 £1,465 31
2002£126,294 £1,134 32
2001£90,951 £797 27
2000£83,495 £821 30
1999£89,169 £713 29
1998£73,919 £630 34
1997£75,687 £576 32
1996£60,028 £597 30
1995£60,041 £575 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£3,572,8336
2023£368,900 £3,333 5
2022£697,500 £26,464 3
2021£423,147 £11,463 7
2020£308,750 £1,818 4
2019£322,1676
2018£415,416 £8,730 6
2017£374,871 £1,628 8
2016£295,500 £1,853 6
2015£384,886 £11,111 7
2014£3,406,948 £11,806 3

House Type in NE61 1HY area

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

Total150
Terraced40
Detached37
Semi-detached35
Flat34
Shared house2
temporary structure2
converted building0
commercial building0

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 outright101
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency12
Social rented: Other social rented2
Private rented: Other private 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 NE61 1HY have 2 people in household (59), and 1 person in household (46).

2 people in household59
1 person in household46
3 people in household23
4 people in household21
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0