Housing Market Analysis for REID STREET, NE61 1TY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £70,608 median price is £76,225 Standard Deviation is £36,079 with Total Sold: 24
    • The Last 5 Year average price is £72,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 REID STREET: £72,500 (Sold on 20 Jan 2020)
    • The first recorded sale happened at this postcode is 10 REID STREET: £18,500 (Sold on 24 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 1TY 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
2020£72,500 £1,250 1
2016£95,500 £1,365 2
2015£112,000 £1,525 2
2011£88,000 £1,599 1
2010£105,000 £1,726 2
2006£97,000 £1,966 2
2005£123,5001
2004£132,500 £1,791 1
2003£79,9501
2001£40,725 £702 2
1999£39,500 £718 1
1998£32,900 £370 3
1996£39,000 £718 3
1995£21,250 £414 2

All the Sales in the REID STREET, NE61 1TY

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

AddressSold DatePrice% Change
8 REID STREETTerraced, FreeholdArea: 58 Sq.mtrAge: 1930-194920 Jan 2020£72,500-36.40%
29 Aug 2006£114,000165.42%
28 Sep 2001£42,95078.96%
29 Nov 1995£24,000First Sale
7 REID STREETTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-192930 Sep 2016£97,000First Sale
12 REID STREETTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-192914 Jun 2016£94,000137.97%
03 Sep 1996£39,500First Sale
5 REID STREETTerraced, FreeholdArea: 74 Sq.mtrAge: 1930-194922 Dec 2015£102,000-23.02%
30 Jul 2004£132,500First Sale
9 REID STREETTerraced, FreeholdArea: 73 Sq.mtrAge: 1900-192923 Feb 2015£122,000351.85%
27 Jan 1998£27,000First Sale
15 REID STREETTerraced, FreeholdArea: 55.04 Sq.mtrAge: 1900-192901 Feb 2011£88,000-16.19%
26 Feb 2010£105,000172.73%
25 May 2001£38,500-2.53%
22 Jan 1999£39,500First Sale
2 REID STREETTerraced, FreeholdArea: 68 Sq.mtrAge: 1900-192930 Apr 2010£105,000First Sale
4 REID STREETTerraced, Freehold30 Jun 2006£80,000124.09%
04 Feb 1998£35,700First Sale
10 REID STREETTerraced, Freehold19 Aug 2005£123,500567.57%
24 Feb 1995£18,500First Sale
1 REID STREETTerraced, Freehold16 May 2003£79,950122.08%
27 Mar 1998£36,000First Sale
3 REID STREETTerraced, Freehold12 Jul 1996£43,500First Sale
13 REID STREETTerraced, Freehold26 Feb 1996£34,000First Sale

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

REID STREET, NE61 1TY Near By properties

Interactive Map

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

  • Flat
    • The average price is around £149,528 median price is £137,000 Standard Deviation is £81,235 with Total Sold: 637
    • The Last 5 Year average price is £186,415 with Total Sold: 77
    • 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 £1,351,280 median price is £390,000 Standard Deviation is £2,628,769 with Total Sold: 31
    • The Last 5 Year average price is £1,717,035 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 £112,425 median price is £101,750 Standard Deviation is £78,136 with Total Sold: 638
    • The Last 5 Year average price is £175,095 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)
  • Detached
    • The average price is around £251,492 median price is £232,500 Standard Deviation is £154,857 with Total Sold: 138
    • The Last 5 Year average price is £373,098 with Total Sold: 20
    • 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 , 6 THORP AVENUE: £243,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £161,235 median price is £142,000 Standard Deviation is £98,967 with Total Sold: 183
    • The Last 5 Year average price is £286,632 with Total Sold: 22
    • The most recent sale happened at this postcode is , 2 HOWARD ROAD: £410,000 (Sold on 05 Jan 2024)
    • The first recorded sale happened at this postcode is , 7 ORCHARD CLOSE: £68,500 (Sold on 31 Mar 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£145,690 £2,626 21
2021£183,464 £2,695 14
2020£199,292 £2,760 12
2019£185,446 £2,922 22
2018£198,572 £3,005 106
2017£183,293 £2,428 27
2016£245,120 £3,066 25
2015£144,250 £2,289 9
2014£153,718 £2,291 11
2013£130,263 £1,724 15
2012£183,800 £2,468 10
2011£141,639 £2,457 11
2010£149,912 £2,381 12
2009£133,714 £2,251 7
2008£160,743 £2,734 14
2007£162,094 £2,531 16
2006£202,615 £2,456 41
2005£150,283 £2,557 15
2004£137,008 £1,956 13
2003£114,324 £1,777 23
2002£91,926 £1,475 29
2001£101,522 £1,471 46
2000£75,137 £1,254 15
1999£53,855 £1,224 19
1998£64,255 £1,243 22
1997£66,960 £1,253 29
1996£41,343 £677 21
1995£45,250 £454 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£5,206,7504
2023£580,331 £3,333 3
2021£191,7502
2020£217,400 £1,818 5
2019£350,0002
2018£673,686 £7,685 4
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£190,571 £1,977 21
2022£189,496 £2,031 18
2021£166,829 £2,082 28
2020£142,297 £1,561 17
2019£185,576 £1,664 19
2018£169,674 £1,764 28
2017£162,034 £1,728 22
2016£127,846 £1,746 23
2015£168,393 £1,595 14
2014£129,517 £1,612 15
2013£155,381 £1,842 13
2012£125,432 £1,419 11
2011£114,154 £1,347 13
2010£102,402 £1,480 12
2009£117,408 £1,814 8
2008£132,136 £1,737 18
2007£134,282 £1,865 20
2006£136,201 £1,748 40
2005£124,053 £1,571 18
2004£144,013 £1,607 16
2003£96,019 £1,091 22
2002£79,441 £1,052 27
2001£58,876 £714 47
2000£45,575 £738 20
1999£63,294 £685 32
1998£52,967 £604 36
1997£56,133 £676 18
1996£45,688 £641 32
1995£40,893 £554 28
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£301,000 £3,500 2
2023£582,333 £3,333 3
2022£296,000 £3,303 3
2021£333,571 £2,828 7
2020£377,990 £2,976 5
2019£321,000 £2,349 5
2018£313,000 £2,282 1
2017£360,0001
2016£323,800 £2,700 5
2015£246,7502
2014£315,000 £2,284 3
2013£387,000 £2,883 5
2012£292,000 £1,927 4
2011£345,000 £2,025 3
2010£217,500 £2,751 2
2009£325,000 £2,446 2
2008£432,917 £2,300 6
2007£242,806 £2,555 8
2006£247,214 £2,266 11
2005£245,492 £1,894 6
2004£224,000 £2,089 2
2003£239,500 £1,620 10
2002£173,531 £1,174 8
2001£116,750 £1,472 6
2000£116,143 £964 7
1999£60,500 £574 2
1998£110,825 £981 6
1997£108,917 £885 6
1996£93,250 £780 4
1995£132,000 £976 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,000 £2,562 1
2023£277,667 £2,795 6
2022£335,400 £2,818 6
2021£263,500 £2,668 5
2020£225,000 £3,104 4
2019£157,714 £2,243 7
2018£221,300 £2,274 5
2017£209,279 £2,218 7
2016£154,417 £2,159 6
2015£260,500 £2,288 3
2014£191,583 £1,749 3
2013£164,500 £2,696 5
2012£184,990 £2,010 5
2011£228,000 £2,686 6
2010£146,500 £2,347 1
2009£183,390 £2,019 5
2008£206,433 £2,243 9
2007£188,100 £2,511 5
2006£182,060 £2,174 10
2005£185,600 £1,694 5
2004£166,500 £1,897 7
2003£172,993 £1,252 7
2002£119,857 £1,007 7
2001£98,530 £1,050 10
2000£75,445 £837 11
1999£64,169 £883 8
1998£72,051 £725 9
1997£70,758 £627 6
1996£69,562 £681 8
1995£57,083 £808 6

House Type in NE61 1TY area

The most common house types in the NE61 1TY postcode area are Terraced (92), Flat (25), and Semi-detached (12).

Total143
Terraced92
Flat25
Semi-detached12
Detached6
Shared house4
converted building4
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright61
Owned: Owns with a mortgage or loan38
Private rented: Private landlord or letting agency18
Social rented: Rents from council or Local Authority10
Social rented: Other social rented9
Private rented: Other private rented7
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE61 1TY have 2 people in household (66), and 1 person in household (53).

2 people in household66
1 person in household53
3 people in household15
5 people in household6
4 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0