Housing Market Analysis for OLYMPIA HILL, NE61 1JH

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

Overview of Sold House prices

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

Terraced
- The average price is around £184,264 median price is £200,000 Standard Deviation is £71,978 with Total Sold: 37
- The Last 5 Year average price is £286,143 with Total Sold: 7
- The most recent sale happened at this postcode is 1 OLYMPIA HILL: £338,000 (Sold on 05 Jan 2024)
- The first recorded sale happened at this postcode is 19 OLYMPIA HILL: £271,500 (Sold on 09 Jul 2024)
Semi-Detached
- The average price is around £133,860 median price is £104,300 Standard Deviation is £64,459 with Total Sold: 5
- The most recent sale happened at this postcode is 16 OLYMPIA HILL: £188,500 (Sold on 03 Jul 2009)
- The first recorded sale happened at this postcode is 18 OLYMPIA HILL: £60,500 (Sold on 13 Jan 1999)
Detached
- The average price is around £146,650 median price is £170,000 Standard Deviation is £63,444 with Total Sold: 3
- The most recent sale happened at this postcode is 10 OLYMPIA HILL: £170,000 (Sold on 15 Oct 2003)
- The first recorded sale happened at this postcode is 10 OLYMPIA HILL: £59,950 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 1JH 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£304,750	£4,122	2
2023	£297,000	£3,667	1
2022	£276,500	£3,284	1
2021	£275,000	£3,018	2
2020	£270,000	£2,288	1
2019	£94,000	£1,146	1
2017	£198,000	£2,282	2
2016	£222,500	£1,889	2
2015	£210,000	£2,039	1
2014	£170,000	£2,298	1
2013	£196,750	£1,552	2
2011	£205,000	£1,636	1
2009	£190,167	£1,846	3
2007	£201,333	£1,865	3
2006	£189,562	£1,777	4
2005	£160,000	£1,455	1
2004	£185,000	£1,772	1
2002	£111,000	£966	2
2000	£73,250	£828	2
1999	£72,500		1
1998	£66,500	£564	1
1997	£56,000	£544	1
1996	£60,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£188,500	£1,974	1
2002	£230,000		1
2001	£104,300	£1,092	1
2000	£86,000	£901	1
1999	£60,500		1

House Type: Detached

Year	Avg. Price	Sold
2003	£170,000	1
2001	£210,000	1
1996	£59,950	1

All the Sales in the OLYMPIA HILL, NE61 1JH

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

Address	Sold Date	Price	% Change
1 OLYMPIA HILLTerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	05 Jan 2024	£338,000	20.71%
	23 Apr 2021	£280,000	197.87%
	11 Oct 2019	£94,000	First Sale
7 OLYMPIA HILLTerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	25 Jan 2023	£297,000	68.75%
	10 Mar 2017	£176,000	First Sale
5 OLYMPIA HILLTerraced, FreeholdArea: 84.19 Sq.mtrAge: 1900-1929	16 Nov 2022	£276,500	250.00%
	24 Nov 2000	£79,000	First Sale
6 OLYMPIA HILLTerraced, FreeholdArea: 103 Sq.mtrAge: 1900-1929	17 Sep 2021	£270,000	28.57%
	06 May 2015	£210,000	275.00%
	01 Apr 1997	£56,000	First Sale
12 OLYMPIA HILLTerraced, FreeholdArea: 118 Sq.mtrAge: 1900-1929	21 Sep 2020	£270,000	141.07%
	12 Apr 2002	£112,000	68.42%
	09 Sep 1998	£66,500	First Sale
2 OLYMPIA HILLTerraced, FreeholdArea: 92 Sq.mtrAge: 1900-1929	27 Feb 2017	£220,000	-0.90%
	17 Dec 2007	£222,000	16.84%
	24 Nov 2006	£190,000	First Sale
9 OLYMPIA HILLTerraced, FreeholdArea: 133.76 Sq.mtrAge: 1900-1929	24 Oct 2016	£230,000	0.88%
	14 Dec 2009	£228,000	42.50%
	09 Dec 2005	£160,000	First Sale
29 OLYMPIA HILLTerraced, FreeholdArea: 104.4 Sq.mtrAge: 1900-1929	15 Feb 2016	£215,000	6.17%
	11 Dec 2009	£202,500	1.25%
	08 Sep 2006	£200,000	8.11%
	30 Jun 2004	£185,000	First Sale
3 OLYMPIA HILLTerraced, FreeholdArea: 73.98 Sq.mtrAge: before 1900	17 Sep 2014	£170,000	21.43%
	24 Jul 2009	£140,000	First Sale
17 OLYMPIA HILLTerraced, FreeholdArea: 147 Sq.mtrAge: 1900-1929	05 Dec 2013	£192,500	-6.10%
	13 Nov 2007	£205,000	First Sale
8 OLYMPIA HILLTerraced, FreeholdArea: 112 Sq.mtrAge: 1900-1929	27 Aug 2013	£201,000	0.50%
	25 Aug 2006	£200,000	81.82%
	19 Aug 2002	£110,000	First Sale
4 OLYMPIA HILLTerraced, FreeholdArea: 125.33 Sq.mtrAge: 1900-1929	28 Oct 2011	£205,000	21.84%
	28 Apr 2006	£168,250	First Sale
16 OLYMPIA HILLSemi-Detached, FreeholdArea: 95.5 Sq.mtrAge: 1900-1929	03 Jul 2009	£188,500	80.73%
	17 Jul 2001	£104,300	21.28%
	22 Jun 2000	£86,000	First Sale
19 OLYMPIA HILLTerraced, FreeholdArea: 99 Sq.mtrAge: 1900-1929	16 Feb 2007	£177,000	-34.81%
	09 Jul 2024	£271,500	First Sale
10 OLYMPIA HILLDetached, Freehold	15 Oct 2003	£170,000	183.57%
10 OLYMPIA HILLDetached, Freehold	31 May 1996	£59,950	First Sale
18 OLYMPIA HILLSemi-Detached, Freehold	03 May 2002	£230,000	280.17%
18 OLYMPIA HILLSemi-Detached, Freehold	13 Jan 1999	£60,500	First Sale
20 OLYMPIA HILLDetached, Freehold	28 Sep 2001	£210,000	First Sale
11 OLYMPIA HILLTerraced, FreeholdArea: 94 Sq.mtrAge: 1900-1929	08 Sep 2000	£67,500	First Sale
27 OLYMPIA HILLTerraced, Freehold	06 Aug 1999	£72,500	First Sale
15 OLYMPIA HILLTerraced, Freehold	29 Aug 1996	£60,000	First Sale

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

OLYMPIA HILL, NE61 1JH Near By properties

Interactive Map

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

Detached
- The average price is around £341,500 median price is £330,248 Standard Deviation is £196,646 with Total Sold: 270
- The Last 5 Year average price is £487,742 with Total Sold: 52
- 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)
Flat
- The average price is around £140,072 median price is £125,000 Standard Deviation is £82,879 with Total Sold: 705
- The Last 5 Year average price is £170,243 with Total Sold: 108
- 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)
Other
- The average price is around £904,449 median price is £280,000 Standard Deviation is £2,036,988 with Total Sold: 56
- The Last 5 Year average price is £1,297,638 with Total Sold: 22
- 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)
Terraced
- The average price is around £170,169 median price is £163,000 Standard Deviation is £100,209 with Total Sold: 612
- The Last 5 Year average price is £256,636 with Total Sold: 84
- The most recent sale happened at this postcode is , 19 OLYMPIA HILL: £271,500 (Sold on 09 Jul 2024)
- The first recorded sale happened at this postcode is , 35 HOWARD TERRACE: £85,000 (Sold on 13 Jan 1995)
Semi-Detached
- The average price is around £232,598 median price is £221,440 Standard Deviation is £129,996 with Total Sold: 198
- The Last 5 Year average price is £348,675 with Total Sold: 28
- The most recent sale happened at this postcode is , 5 COTTINGLEA: £645,000 (Sold on 02 May 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	£391,000	£2,977	5
2023	£551,248	£3,698	8
2022	£561,362	£3,581	15
2021	£478,025	£2,735	8
2020	£422,061	£3,082	16
2019	£326,926	£2,489	14
2018	£426,245	£2,623	18
2017	£363,687	£2,634	17
2016	£314,238	£2,699	19
2015	£540,629	£2,349	7
2014	£384,375	£1,741	4
2013	£498,417	£2,111	6
2012	£380,900	£2,334	5
2011	£379,625	£1,826	4
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	£325,303	£1,907	13
2005	£275,000	£1,967	7
2004	£268,100	£1,907	5
2003	£307,892	£1,327	10
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	£98,880	£641	5
1995	£171,000	£976	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£232,900	£2,439	10
2023	£173,171	£2,376	26
2022	£142,815	£2,465	27
2021	£158,527	£2,325	28
2020	£191,765	£2,652	17
2019	£170,435	£2,396	17
2018	£252,765	£2,698	20
2017	£180,363	£2,418	30
2016	£223,617	£2,847	30
2015	£143,224	£2,084	19
2014	£144,931	£2,098	16
2013	£139,000	£1,894	19
2012	£191,750	£2,270	12
2011	£125,544	£2,148	12
2010	£166,550	£2,576	7
2009	£143,900	£2,433	10
2008	£166,697	£2,686	15
2007	£170,191	£2,369	24
2006	£189,882	£2,237	50
2005	£162,868	£2,469	17
2004	£147,075	£2,003	40
2003	£112,856	£1,669	28
2002	£95,462	£1,509	37
2001	£93,976	£1,335	61
2000	£78,179	£1,222	24
1999	£68,090	£1,287	29
1998	£67,684	£1,287	25
1997	£66,545	£1,195	39
1996	£75,987	£634	4
1995	£50,079	£620	12

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	£484,758	£20,686	4
2020	£308,750	£1,818	4
2019	£385,000		5
2018	£415,416	£8,730	6
2017	£427,938	£3,230	7
2016	£295,500	£1,853	6
2015	£384,886	£11,111	7
2014	£3,406,948	£11,806	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£270,583	£3,625	6
2023	£282,111	£2,321	18
2022	£252,876	£2,490	17
2021	£226,360	£2,216	25
2020	£272,111	£2,287	18
2019	£251,461	£1,964	14
2018	£246,049	£1,963	25
2017	£195,382	£1,996	30
2016	£150,115	£1,541	25
2015	£210,278	£1,798	18
2014	£212,776	£1,803	29
2013	£187,136	£1,593	16
2012	£216,556	£1,771	9
2011	£200,891	£1,734	16
2010	£216,765	£1,707	13
2009	£175,895	£1,873	10
2008	£193,933	£1,963	15
2007	£210,389	£1,842	23
2006	£192,913	£1,784	32
2005	£185,591	£2,026	11
2004	£185,655	£1,628	21
2003	£160,719	£1,401	27
2002	£119,844	£1,116	26
2001	£92,445	£812	24
2000	£89,244	£859	26
1999	£90,033	£716	28
1998	£72,314	£604	31
1997	£80,284	£585	23
1996	£59,394	£559	25
1995	£60,041	£575	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£527,500	£2,562	2
2023	£325,333	£3,471	3
2022	£358,190	£2,656	10
2021	£283,125	£2,227	8
2020	£377,000	£3,039	5
2019	£224,284	£2,678	6
2018	£317,429	£2,239	7
2017	£252,062	£2,269	19
2016	£330,275	£2,616	8
2015	£304,167	£2,410	3
2014	£234,992	£1,998	6
2012	£302,000	£1,706	3
2011	£310,929	£1,866	7
2010	£255,400	£1,891	5
2009	£278,272	£1,770	9
2008	£218,625	£1,924	4
2007	£239,773	£2,056	11
2006	£312,825	£2,114	6
2005	£316,000	£1,458	3
2004	£276,500	£2,345	6
2003	£183,667	£1,333	9
2002	£178,125	£1,080	8
2001	£141,660	£938	10
2000	£80,688	£744	8
1999	£109,333	£1,083	6
1998	£111,159	£626	6
1997	£90,424	£627	12
1996	£93,500	£552	4
1995	£46,988	£776	4

House Type in NE61 1JH area

The most common house types in the NE61 1JH postcode area are Detached (90), Terraced (85), and Semi-detached (45).

Total	239
Detached	90
Terraced	85
Semi-detached	45
Flat	17
converted building	2
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (111), and Owned: Owns outright (86).

Owned: Owns with a mortgage or loan	111
Owned: Owns outright	86
Social rented: Other social rented	15
Shared ownership: Shared ownership	14
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE61 1JH have 2 people in household (93), and 1 person in household (54).

2 people in household	93
1 person in household	54
3 people in household	46
4 people in household	38
5 people in household	10
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0