Housing Market Analysis for OLIVERS MILL, NE61 1PP

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

Overview of Sold House prices

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

Flat
- The average price is around £75,077 median price is £59,500 Standard Deviation is £51,453 with Total Sold: 37
- The Last 5 Year average price is £115,000 with Total Sold: 1
- The most recent sale happened at this postcode is 11 OLIVERS MILL: £115,000 (Sold on 07 Mar 2023)
- The first recorded sale happened at this postcode is 7 OLIVERS MILL: £23,750 (Sold on 08 Feb 1996)
Detached
- The average price is around £125,749 median price is £146,000 Standard Deviation is £54,982 with Total Sold: 4
- The most recent sale happened at this postcode is 9 OLIVERS MILL: £175,995 (Sold on 03 Jul 2007)
- The first recorded sale happened at this postcode is 9 OLIVERS MILL: £35,000 (Sold on 03 Dec 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 1PP 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	£115,000	£1,691	1
2019	£108,333	£1,653	3
2018	£145,000	£2,367	1
2016	£155,000	£3,297	1
2014	£120,000	£1,975	1
2012	£110,000	£2,315	1
2010	£135,000	£2,298	3
2009	£65,000	£1,383	1
2007	£152,500	£2,421	1
2006	£164,000	£2,259	1
2005	£80,000	£1,379	1
2004	£155,100		1
2003	£60,000	£826	1
2002	£66,750	£1,344	2
2001	£37,000	£638	1
1999	£33,500	£569	3
1998	£32,500	£448	1
1996	£32,519	£614	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£175,995	£2,885	1
2004	£162,000	£2,656	1
2003	£130,000	£2,131	1
1999	£35,000	£574	1

All the Sales in the OLIVERS MILL, NE61 1PP

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

Address	Sold Date	Price	% Change
11 OLIVERS MILLFlat, LeaseholdArea: 68 Sq.mtrAge: 1991-1995	07 Mar 2023	£115,000	125.49%
11 OLIVERS MILLFlat, LeaseholdArea: 68 Sq.mtrAge: 1991-1995	17 Jul 1996	£51,000	First Sale
5 OLIVERS MILLFlat, LeaseholdArea: 57 Sq.mtrAge: before 1900	26 Apr 2019	£75,000	194.12%
	20 Jun 1996	£25,500	First Sale
4 OLIVERS MILLFlat, LeaseholdArea: 72.6 Sq.mtrAge: 1996-2002	21 Feb 2019	£142,000	-13.41%
	08 Sep 2006	£164,000	173.33%
	21 Oct 2003	£60,000	84.62%
	18 Dec 1998	£32,500	First Sale
8 OLIVERS MILLFlat, LeaseholdArea: 64 Sq.mtrAge: 1900-1929	01 Feb 2019	£108,000	25.58%
	11 Jan 2002	£86,000	247.47%
	29 Mar 1996	£24,750	First Sale
12 OLIVERS MILLFlat, LeaseholdArea: 61.27 Sq.mtrAge: 1900-1929	08 Jan 2018	£145,000	-14.71%
	09 Apr 2010	£170,000	11.48%
	26 Jan 2007	£152,500	486.54%
	03 May 1996	£26,000	First Sale
10 OLIVERS MILLFlat, LeaseholdArea: 47.01 Sq.mtrAge: 1996-2002	09 Sep 2016	£155,000	138.46%
	25 Sep 2009	£65,000	9.24%
	22 Mar 1996	£59,500	First Sale
14 OLIVERS MILLFlat, LeaseholdArea: 60.77 Sq.mtrAge: 1996-2002	19 Sep 2014	£120,000	-33.33%
	23 Sep 2010	£180,000	First Sale
15 OLIVERS MILLFlat, LeaseholdArea: 47.51 Sq.mtrAge: 1900-1929	30 Nov 2012	£110,000	100.00%
	29 Jun 2010	£55,000	115.69%
	12 May 1996	£25,500	First Sale
9 OLIVERS MILLDetached, LeaseholdArea: 61 Sq.mtrAge: 1996-2002	03 Jul 2007	£175,995	8.64%
	17 Sep 2004	£162,000	24.62%
	29 Jul 2003	£130,000	271.43%
	03 Dec 1999	£35,000	First Sale
1 OLIVERS MILLFlat, LeaseholdArea: 58 Sq.mtrAge: 1996-2002	24 Aug 2005	£80,000	116.22%
	21 Sep 2001	£37,000	10.45%
	02 Aug 1999	£33,500	31.37%
	28 Jun 1996	£25,500	First Sale
16 OLIVERS MILLFlat, Leasehold	11 Mar 2004	£155,100	496.54%
16 OLIVERS MILLFlat, Leasehold	12 Feb 1996	£26,000	First Sale
13 OLIVERS MILLFlat, Leasehold	01 Nov 2002	£47,500	86.27%
13 OLIVERS MILLFlat, Leasehold	16 Feb 1996	£25,500	First Sale
3 OLIVERS MILLFlat, LeaseholdArea: 58 Sq.mtrAge: 1996-2002	06 Oct 1999	£32,500	31.31%
3 OLIVERS MILLFlat, LeaseholdArea: 58 Sq.mtrAge: 1996-2002	09 Jul 1996	£24,750	First Sale
6 OLIVERS MILLFlat, Leasehold	31 Mar 1999	£34,500	35.29%
6 OLIVERS MILLFlat, Leasehold	12 Jul 1996	£25,500	First Sale
2 OLIVERS MILLFlat, LeaseholdArea: 55 Sq.mtrAge: 1996-2002	12 Apr 1996	£59,500	First Sale
7 OLIVERS MILLFlat, LeaseholdArea: 60 Sq.mtrAge: before 1900	08 Feb 1996	£23,750	First Sale

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

OLIVERS MILL, NE61 1PP Near By properties

Interactive Map

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

Detached
- The average price is around £256,145 median price is £230,000 Standard Deviation is £161,173 with Total Sold: 182
- The Last 5 Year average price is £437,052 with Total Sold: 26
- 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 £139,546 median price is £125,475 Standard Deviation is £81,746 with Total Sold: 946
- The Last 5 Year average price is £174,364 with Total Sold: 129
- 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 £127,041 median price is £117,000 Standard Deviation is £85,101 with Total Sold: 1,139
- The Last 5 Year average price is £188,690 with Total Sold: 169
- The most recent sale happened at this postcode is , 11 PRETORIA AVENUE: £113,000 (Sold on 02 Aug 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 £159,052 median price is £145,000 Standard Deviation is £88,645 with Total Sold: 308
- The Last 5 Year average price is £243,727 with Total Sold: 41
- The most recent sale happened at this postcode is , 37 BLUEBELL RISE: £285,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 67 CHURCH WALK: £35,000 (Sold on 20 Mar 1995)
Other
- The average price is around £794,545 median price is £275,000 Standard Deviation is £1,929,122 with Total Sold: 63
- The Last 5 Year average price is £1,097,812 with Total Sold: 24
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£286,667		3
2023	£538,986	£3,480	7
2022	£401,990	£3,312	5
2021	£470,000	£3,012	3
2020	£413,812	£3,632	8
2019	£297,524	£2,134	4
2018	£229,995	£1,716	1
2017	£246,250	£2,549	4
2016	£354,500	£2,543	5
2015	£337,700	£2,312	5
2014	£330,000	£2,263	3
2013	£376,250	£2,217	6
2012	£380,000	£2,206	3
2011	£332,500	£2,016	2
2010	£220,000	£2,293	4
2009	£550,000	£2,871	1
2008	£403,212	£2,260	8
2007	£274,562	£2,780	8
2006	£240,159	£2,141	13
2005	£236,279	£1,843	7
2004	£257,556	£1,967	9
2003	£235,783	£1,557	9
2002	£151,341	£1,292	11
2001	£148,992	£1,369	6
2000	£127,745	£1,202	10
1999	£114,481	£1,024	8
1998	£139,525	£944	10
1997	£97,828	£920	9
1996	£108,900	£871	5
1995	£139,200	£892	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£217,417	£2,750	12
2023	£186,686	£2,773	32
2022	£149,900	£2,701	35
2021	£164,786	£2,536	28
2020	£184,068	£2,676	22
2019	£166,381	£2,661	31
2018	£211,184	£2,980	118
2017	£164,933	£2,262	39
2016	£214,708	£2,804	36
2015	£141,489	£2,250	22
2014	£138,744	£2,265	16
2013	£132,058	£1,993	25
2012	£169,269	£2,355	13
2011	£127,590	£2,147	17
2010	£146,339	£2,390	19
2009	£134,208	£2,254	12
2008	£153,497	£2,621	18
2007	£160,807	£2,378	28
2006	£187,208	£2,312	49
2005	£152,038	£2,408	20
2004	£126,653	£1,988	30
2003	£106,254	£1,540	36
2002	£90,904	£1,466	46
2001	£91,116	£1,325	65
2000	£69,582	£1,150	31
1999	£62,809	£1,180	39
1998	£62,896	£1,149	28
1997	£64,451	£1,110	43
1996	£45,377	£704	26
1995	£35,602	£623	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£196,750	£1,885	11
2023	£206,079	£1,923	38
2022	£193,068	£2,001	28
2021	£168,483	£1,823	51
2020	£192,558	£1,770	41
2019	£164,065	£1,550	30
2018	£176,851	£1,727	44
2017	£159,216	£1,645	45
2016	£148,918	£1,625	37
2015	£156,492	£1,619	31
2014	£164,780	£1,741	42
2013	£143,986	£1,537	26
2012	£163,809	£1,475	17
2011	£131,930	£1,551	22
2010	£149,807	£1,533	29
2009	£149,119	£1,756	8
2008	£163,020	£1,598	22
2007	£160,931	£1,768	42
2006	£147,861	£1,607	66
2005	£136,325	£1,530	32
2004	£150,369	£1,633	37
2003	£120,163	£1,195	51
2002	£91,443	£932	48
2001	£65,261	£669	65
2000	£62,300	£635	40
1999	£65,571	£625	48
1998	£58,537	£586	56
1997	£62,756	£582	44
1996	£52,579	£608	52
1995	£41,389	£535	36

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,434	£2,527	7
2023	£191,847	£2,274	10
2022	£274,730	£2,593	10
2021	£225,750	£2,162	12
2020	£415,000	£4,267	2
2019	£164,333	£2,031	6
2018	£183,250	£1,961	12
2017	£198,462	£1,857	13
2016	£153,033	£1,986	12
2015	£230,281	£2,112	9
2014	£190,850	£1,855	10
2013	£160,429	£1,657	7
2012	£170,177	£1,595	11
2011	£173,969	£1,872	16
2010	£191,000	£1,910	5
2009	£142,204	£1,427	12
2008	£176,423	£1,728	15
2007	£145,688	£1,749	17
2006	£191,264	£1,743	14
2005	£215,667	£1,842	6
2004	£182,444	£1,832	9
2003	£148,966	£1,136	16
2002	£102,246	£970	12
2001	£91,022	£663	9
2000	£69,359	£730	11
1999	£75,595	£867	10
1998	£72,290	£656	10
1997	£65,437	£641	12
1996	£63,166	£582	9
1995	£52,738	£647	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£3,572,833		6
2023	£341,125	£3,333	4
2022	£120,000		2
2021	£252,333	£2,240	6
2020	£298,667	£1,818	6
2019	£322,167		6
2018	£434,694	£8,033	9
2017	£441,509	£3,230	7
2016	£265,429	£1,853	7
2015	£384,886	£11,111	7
2014	£3,406,948	£11,806	3

House Type in NE61 1PP area

The most common house types in the NE61 1PP postcode area are Flat (87), Terraced (23), and converted building (8).

Total	128
Flat	87
Terraced	23
converted building	8
Semi-detached	7
Shared house	2
commercial building	1
Detached	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (45), and Owned: Owns outright (32).

Social rented: Other social rented	45
Owned: Owns outright	32
Private rented: Private landlord or letting agency	20
Social rented: Rents from council or Local Authority	16
Owned: Owns with a mortgage or loan	11
Shared ownership: Shared ownership	5
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE61 1PP have 1 person in household (96), and 2 people in household (26).

1 person in household	96
2 people in household	26
3 people in household	4
4 people in household	4
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0