Housing Market Analysis for GREY PLACE, NE61 1TT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £85,930 median price is £83,750 Standard Deviation is £38,424 with Total Sold: 10
    • The Last 5 Year average price is £133,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 GREY PLACE: £136,500 (Sold on 28 Jan 2022)
    • The first recorded sale happened at this postcode is 1 GREY PLACE: £40,500 (Sold on 31 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 1TT 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
2022£136,500 £2,202 1
2021£130,000 £1,733 1
2010£83,750 £1,210 2
2007£122,000 £1,968 1
2005£125,0001
2001£50,8001
2000£44,000 £710 1
1998£43,000 £391 1
1995£40,5001

All the Sales in the GREY PLACE, NE61 1TT

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

AddressSold DatePrice% Change
4 GREY PLACETerraced, FreeholdArea: 62 Sq.mtrAge: before 190028 Jan 2022£136,50011.89%
21 Jun 2007£122,000177.27%
15 Sep 2000£44,000First Sale
5 GREY PLACETerraced, FreeholdArea: 75 Sq.mtrAge: 1900-192917 Dec 2021£130,00030.00%
10 Sep 2010£100,000First Sale
3 GREY PLACETerraced, FreeholdArea: 62.08 Sq.mtrAge: before 190009 Aug 2010£67,500First Sale
1 GREY PLACETerraced, Freehold04 Aug 2005£125,000146.06%
20 Aug 2001£50,80025.43%
31 Jan 1995£40,500First Sale
6 GREY PLACETerraced, FreeholdArea: 110 Sq.mtrAge: 1900-192913 Mar 1998£43,000First Sale

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

GREY PLACE, NE61 1TT Near By properties

Interactive Map

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

  • Flat
    • The average price is around £145,116 median price is £130,000 Standard Deviation is £80,098 with Total Sold: 681
    • The Last 5 Year average price is £179,841 with Total Sold: 82
    • 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 3, PETHGATE COURT CASTLE SQUARE: £52,000 (Sold on 17 May 1995)
  • Other
    • The average price is around £1,280,785 median price is £417,500 Standard Deviation is £2,521,073 with Total Sold: 34
    • The Last 5 Year average price is £1,732,321 with Total Sold: 14
    • 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 APARTMENT 12, ST. JAMES PLACE, 7 DACRE STREET: £850,000 (Sold on 10 Jul 2014)
  • Terraced
    • The average price is around £108,518 median price is £100,000 Standard Deviation is £72,589 with Total Sold: 651
    • The Last 5 Year average price is £165,845 with Total Sold: 86
    • The most recent sale happened at this postcode is , 4 ST GEORGES SQUARE: £120,000 (Sold on 28 Jun 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 £148,989 median price is £137,000 Standard Deviation is £87,766 with Total Sold: 187
    • The Last 5 Year average price is £260,240 with Total Sold: 25
    • The most recent sale happened at this postcode is , 33 STOBHILL VILLAS: £310,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 7 ORCHARD CLOSE: £68,500 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £214,510 median price is £220,000 Standard Deviation is £98,273 with Total Sold: 205
    • The Last 5 Year average price is £329,369 with Total Sold: 23
    • The most recent sale happened at this postcode is , 24 BANKSIDE: £280,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , 75 KINGSWELL: £116,000 (Sold on 13 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,556 £2,976 9
2023£201,117 £2,922 21
2022£144,750 £2,651 22
2021£167,067 £2,578 15
2020£181,467 £2,596 15
2019£181,514 £2,876 23
2018£197,745 £2,998 107
2017£173,368 £2,343 31
2016£239,923 £3,027 26
2015£138,625 £2,210 10
2014£142,954 £2,333 13
2013£125,526 £1,721 17
2012£179,818 £2,468 11
2011£134,457 £2,328 11
2010£149,912 £2,381 12
2009£125,944 £2,175 9
2008£153,150 £2,702 16
2007£154,763 £2,425 19
2006£201,055 £2,456 40
2005£148,328 £2,534 16
2004£127,847 £2,048 19
2003£111,946 £1,742 25
2002£89,917 £1,462 32
2001£100,766 £1,469 47
2000£70,197 £1,179 18
1999£51,345 £1,185 21
1998£64,255 £1,243 22
1997£65,043 £1,203 30
1996£41,736 £677 22
1995£45,250 £454 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£4,247,4005
2023£495,000 £3,333 2
2021£191,7502
2020£328,400 £1,818 5
2019£389,5004
2018£655,949 £7,685 5
2017£576,134 £3,230 3
2016£296,000 £1,542 3
2015£629,733 £11,111 3
2014£4,975,422 £11,806 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£277,500 £1,548 2
2023£165,684 £1,945 19
2022£180,201 £2,013 17
2021£158,933 £2,082 27
2020£152,621 £1,662 21
2019£164,294 £1,607 17
2018£163,859 £1,778 28
2017£164,534 £1,715 22
2016£133,538 £1,761 25
2015£142,292 £1,567 12
2014£129,983 £1,639 15
2013£152,496 £1,899 12
2012£124,604 £1,441 12
2011£107,192 £1,353 13
2010£116,452 £1,528 15
2009£117,408 £1,814 8
2008£138,339 £1,737 19
2007£132,012 £1,876 21
2006£129,344 £1,760 41
2005£124,053 £1,571 18
2004£135,447 £1,606 15
2003£99,892 £1,101 24
2002£78,389 £1,046 28
2001£57,802 £710 47
2000£48,795 £749 22
1999£59,514 £685 30
1998£51,797 £596 39
1997£53,910 £664 20
1996£47,103 £637 34
1995£40,893 £554 28
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£360,000 £2,531 2
2023£272,625 £2,703 8
2022£258,000 £3,211 5
2021£245,625 £2,840 4
2020£222,083 £3,007 6
2019£163,000 £2,158 8
2018£162,167 £2,254 3
2017£179,421 £2,128 7
2016£158,786 £2,039 7
2015£129,667 £2,143 3
2014£184,062 £1,637 4
2013£164,500 £2,696 5
2012£174,992 £1,930 6
2011£190,600 £2,784 5
2010£146,500 £2,347 1
2009£166,750 £2,154 4
2008£206,433 £2,243 9
2007£158,600 £2,580 5
2006£181,873 £2,106 11
2005£185,600 £1,694 5
2004£143,200 £1,744 5
2003£163,421 £1,254 7
2002£103,798 £1,021 8
2001£83,811 £975 9
2000£75,445 £837 11
1999£63,700 £909 9
1998£68,600 £766 9
1997£70,758 £627 6
1996£69,562 £681 8
1995£58,143 £760 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£301,000 £3,500 2
2023£367,333 £2,840 3
2022£296,000 £3,303 3
2021£317,500 £2,660 6
2020£342,053 £2,732 9
2019£297,750 £2,604 9
2018£249,750 £2,625 3
2017£297,738 £2,563 4
2016£289,833 £2,242 6
2015£259,158 £2,634 6
2014£292,825 £2,349 6
2013£272,000 £2,604 5
2012£270,143 £1,954 7
2011£270,000 £2,029 2
2010£217,500 £2,751 2
2009£325,000 £2,446 2
2008£302,125 £2,280 8
2007£251,383 £2,540 9
2006£255,158 £2,276 12
2005£238,825 £2,293 6
2004£257,200 £2,153 5
2003£201,333 £1,695 9
2002£170,917 £1,424 9
2001£125,177 £1,143 11
2000£119,286 £988 14
1999£103,800 £698 5
1998£112,195 £901 10
1997£109,578 £893 16
1996£85,500 £731 7
1995£111,333 £764 9

House Type in NE61 1TT area

The most common house types in the NE61 1TT postcode area are Terraced (106), Semi-detached (7), and Detached (3).

Total120
Terraced106
Semi-detached7
Detached3
Flat3
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (40), and Owned: Owns outright (39).

Owned: Owns with a mortgage or loan40
Owned: Owns outright39
Private rented: Private landlord or letting agency30
Private rented: Other private rented6
Social rented: Rents from council or Local Authority5
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE61 1TT have 2 people in household (48), and 1 person in household (42).

2 people in household48
1 person in household42
3 people in household14
4 people in household11
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0