Housing Market Analysis for WATSON TERRACE, NE61 1UE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £95,167 median price is £115,000 Standard Deviation is £38,756 with Total Sold: 3
    • The most recent sale happened at this postcode is 9 WATSON TERRACE: £115,000 (Sold on 05 Dec 2016)
    • The first recorded sale happened at this postcode is 8 WATSON TERRACE: £41,000 (Sold on 15 Jan 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 1UE 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
2016£115,000 £1,045 1
2006£129,500 £1,177 1
1999£41,000 £500 1

All the Sales in the WATSON TERRACE, NE61 1UE

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

AddressSold DatePrice% Change
9 WATSON TERRACETerraced, FreeholdArea: 110 Sq.mtrAge: 1900-192905 Dec 2016£115,000-11.20%
05 Jun 2006£129,500First Sale
8 WATSON TERRACETerraced, FreeholdArea: 82 Sq.mtrAge: 1900-192915 Jan 1999£41,000First Sale

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

WATSON TERRACE, NE61 1UE Near By properties

Interactive Map

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

  • Flat
    • The average price is around £146,053 median price is £131,287 Standard Deviation is £79,887 with Total Sold: 683
    • The Last 5 Year average price is £180,722 with Total Sold: 83
    • 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 £1,328,271 median price is £407,500 Standard Deviation is £2,590,538 with Total Sold: 32
    • The Last 5 Year average price is £1,643,566 with Total Sold: 15
    • 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 £106,866 median price is £97,510 Standard Deviation is £73,737 with Total Sold: 611
    • The Last 5 Year average price is £167,153 with Total Sold: 83
    • 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 £215,263 median price is £220,000 Standard Deviation is £100,261 with Total Sold: 207
    • The Last 5 Year average price is £340,021 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)
  • Semi-Detached
    • The average price is around £148,541 median price is £135,000 Standard Deviation is £88,431 with Total Sold: 171
    • The Last 5 Year average price is £259,571 with Total Sold: 21
    • 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£144,750 £2,651 22
2021£172,438 £2,583 16
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£148,636 £2,322 14
2013£125,526 £1,721 17
2012£179,818 £2,468 11
2011£139,925 £2,331 13
2010£149,912 £2,381 12
2009£125,944 £2,175 9
2008£157,693 £2,702 15
2007£154,763 £2,425 19
2006£202,615 £2,456 41
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£53,162 £1,185 20
1998£64,255 £1,243 22
1997£65,043 £1,203 30
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£283,667 £1,818 6
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£169,167 £1,989 18
2022£180,201 £2,013 17
2021£166,829 £2,082 28
2020£141,058 £1,578 18
2019£164,294 £1,607 17
2018£163,859 £1,778 28
2017£155,738 £1,649 20
2016£124,568 £1,683 22
2015£159,038 £1,567 13
2014£121,982 £1,606 14
2013£146,245 £1,757 10
2012£115,275 £1,408 10
2011£105,292 £1,361 12
2010£102,402 £1,480 12
2009£109,323 £1,670 7
2008£132,136 £1,737 18
2007£124,647 £1,883 18
2006£130,027 £1,764 39
2005£124,053 £1,571 18
2004£134,050 £1,606 14
2003£94,401 £1,070 21
2002£78,700 £1,044 27
2001£57,167 £707 46
2000£45,575 £738 20
1999£59,514 £685 30
1998£52,057 £597 37
1997£52,700 £682 16
1996£45,688 £641 32
1995£39,593 £554 27
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£333,571 £2,828 7
2020£361,684 £2,770 8
2019£297,750 £2,604 9
2018£249,750 £2,625 3
2017£297,738 £2,563 4
2016£309,857 £2,470 7
2015£259,158 £2,634 6
2014£292,825 £2,349 6
2013£260,000 £2,883 4
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£245,531 £2,276 13
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£123,079 £1,143 12
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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,000 £2,562 1
2023£277,667 £2,795 6
2022£258,000 £3,211 5
2021£245,625 £2,840 4
2020£220,500 £3,170 5
2019£157,714 £2,243 7
2018£162,167 £2,254 3
2017£179,421 £2,128 7
2016£154,417 £2,159 6
2015£167,000 £2,491 2
2014£191,583 £1,749 3
2013£164,500 £2,696 5
2012£184,990 £2,010 5
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£182,060 £2,174 10
2005£185,600 £1,694 5
2004£143,200 £1,744 5
2003£166,825 £1,254 6
2002£117,750 £1,081 6
2001£83,829 £1,139 7
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£57,083 £808 6

House Type in NE61 1UE area

The most common house types in the NE61 1UE 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 1UE 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