Housing Market Analysis for OLDGATE, NE61 1LY

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £52,308 median price is £34,500 Standard Deviation is £26,294 with Total Sold: 13
    • The Last 5 Year average price is £67,167 with Total Sold: 3
    • The most recent sale happened at this postcode is 6, CLOCK TOWER FLATS OLDGATE: £39,500 (Sold on 22 Dec 2021)
    • The first recorded sale happened at this postcode is 5, CLOCK TOWER FLATS OLDGATE: £95,000 (Sold on 15 Aug 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 1LY 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£53,250 £869 2
2019£80,000 £1,333 1
2011£78,000 £2,005 1
2004£100,000 £1,667 1
2001£34,250 £879 2
1997£29,833 £789 3
1995£31,250 £637 2
2022£95,000 £2,442 1

All the Sales in the OLDGATE, NE61 1LY

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

AddressSold DatePrice% Change
6, CLOCK TOWER FLATS OLDGATEFlat, LeaseholdArea: 60 Sq.mtrAge: before 190022 Dec 2021£39,500First Sale
2, CLOCK TOWER FLATS OLDGATEFlat, LeaseholdArea: 62 Sq.mtrAge: 1900-192914 Nov 2021£67,00094.20%
31 Mar 1995£34,500First Sale
7, CLOCK TOWER FLATS OLDGATEFlat, LeaseholdArea: 60 Sq.mtrAge: before 190019 Jun 2019£80,000-20.00%
16 Dec 2004£100,000First Sale
5, CLOCK TOWER FLATS OLDGATEFlat, LeaseholdArea: 38.91 Sq.mtrAge: 1900-192903 Oct 2011£78,000129.41%
12 Mar 2001£34,0006.25%
28 Nov 1997£32,000-66.32%
15 Aug 2022£95,000First Sale
1, CLOCK TOWER FLATS OLDGATEFlat, LeaseholdArea: 39 Sq.mtrAge: before 190023 Mar 2001£34,50016.95%
31 Jul 1997£29,5005.36%
14 Jul 1995£28,000First Sale
4, CLOCK TOWER FLATS OLDGATEFlat, Leasehold30 Sep 1997£28,000First Sale

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

OLDGATE, NE61 1LY Near By properties

Interactive Map

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

  • Detached
    • The average price is around £291,602 median price is £249,974 Standard Deviation is £202,435 with Total Sold: 234
    • The Last 5 Year average price is £497,794 with Total Sold: 35
    • The most recent sale happened at this postcode is , 3 OGLE AVENUE: £485,000 (Sold on 20 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 £165,842 median price is £145,000 Standard Deviation is £98,847 with Total Sold: 435
    • The Last 5 Year average price is £243,282 with Total Sold: 64
    • The most recent sale happened at this postcode is , 54 ABBOTS WAY: £195,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 WOODHILL DRIVE: £37,750 (Sold on 19 Jan 1995)
  • Flat
    • The average price is around £140,092 median price is £127,500 Standard Deviation is £79,795 with Total Sold: 1,034
    • The Last 5 Year average price is £173,290 with Total Sold: 149
    • 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 £146,266 median price is £125,000 Standard Deviation is £92,010 with Total Sold: 1,068
    • The Last 5 Year average price is £212,080 with Total Sold: 164
    • 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£382,5006
2023£668,483 £3,806 6
2022£662,990 £3,436 5
2021£528,075 £2,618 6
2020£386,125 £3,207 12
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£434,990 £2,547 10
2014£309,400 £2,083 5
2013£606,000 £1,951 3
2012£391,190 £2,398 5
2011£330,000 £1,847 4
2010£305,607 £2,604 7
2009£445,667 £2,620 3
2008£469,814 £2,587 7
2007£273,324 £2,552 6
2006£296,287 £1,900 18
2005£251,695 £1,868 10
2004£220,556 £2,035 9
2003£256,102 £1,762 14
2002£195,654 £1,497 13
2001£171,439 £982 9
2000£137,350 £1,315 7
1999£138,596 £1,050 14
1998£119,017 £660 12
1997£124,994 £954 9
1996£96,228 £709 9
1995£135,619 £857 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£297,413 £2,527 11
2023£188,830 £2,440 9
2022£261,220 £2,408 15
2021£198,131 £2,066 21
2020£315,000 £2,872 8
2019£177,667 £2,232 6
2018£183,375 £1,817 16
2017£183,425 £1,844 20
2016£205,709 £2,116 16
2015£215,948 £2,093 9
2014£183,532 £1,843 14
2013£149,500 £1,621 6
2012£155,246 £1,549 14
2011£195,591 £1,710 22
2010£195,885 £1,857 13
2009£194,809 £1,623 16
2008£174,568 £1,758 19
2007£160,770 £1,753 32
2006£206,826 £1,837 19
2005£210,100 £1,605 10
2004£186,750 £1,691 12
2003£147,602 £1,099 20
2002£116,994 £1,000 18
2001£96,786 £780 14
2000£62,557 £691 19
1999£73,632 £759 11
1998£66,169 £609 11
1997£69,323 £565 15
1996£69,833 £592 12
1995£44,457 £519 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,786 £2,750 14
2023£188,026 £2,773 36
2022£148,697 £2,635 38
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£206,462 £2,708 40
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£110,707 £1,560 37
2002£91,513 £1,475 46
2001£89,091 £1,287 70
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£235,750 £2,115 36
2022£211,727 £2,138 28
2021£179,643 £1,937 53
2020£231,620 £1,969 32
2019£191,429 £1,740 29
2018£202,967 £1,822 42
2017£167,410 £1,738 45
2016£172,028 £1,726 29
2015£178,184 £1,704 34
2014£191,280 £1,817 41
2013£158,142 £1,597 26
2012£176,562 £1,622 16
2011£178,592 £1,749 24
2010£178,799 £1,622 20
2009£162,829 £1,874 12
2008£188,261 £1,881 23
2007£178,832 £1,830 41
2006£165,374 £1,696 60
2005£148,360 £1,667 29
2004£161,123 £1,606 40
2003£136,587 £1,348 49
2002£101,679 £988 51
2001£78,791 £762 47
2000£71,572 £752 43
1999£77,410 £680 40
1998£65,708 £614 50
1997£67,054 £599 48
1996£56,894 £637 43
1995£51,884 £569 22
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 1LY area

The most common house types in the NE61 1LY postcode area are Flat (52), Terraced (38), and commercial building (14).

Total141
Flat52
Terraced38
commercial building14
Detached13
Semi-detached9
converted building9
Shared house6
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (51), and Private rented: Private landlord or letting agency (44).

Owned: Owns outright51
Private rented: Private landlord or letting agency44
Owned: Owns with a mortgage or loan22
Social rented: Other social rented17
Private rented: Other private rented5
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE61 1LY have 1 person in household (68), and 2 people in household (46).

1 person in household68
2 people in household46
3 people in household15
4 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