Housing Market Analysis for PALMERSTON AVENUE, NE61 2GF

Are you looking to understand NE61 2GF 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 2GF area, explore the NE61 2GF Area information page.
For comprehensive crime statistics in the NE61 2GF area, explore the NE61 2GF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE61 2GF postcode area, The average prices are as follows,

  • Detached
    • The average price is around £319,956 median price is £304,995 Standard Deviation is £93,157 with Total Sold: 29
    • The Last 5 Year average price is £376,916 with Total Sold: 13
    • The most recent sale happened at this postcode is 29 PALMERSTON AVENUE: £304,995 (Sold on 30 Mar 2023)
    • The first recorded sale happened at this postcode is 27 PALMERSTON AVENUE: £379,995 (Sold on 05 May 2023)
  • Semi-Detached
    • The average price is around £274,578 median price is £294,950 Standard Deviation is £44,763 with Total Sold: 10
    • The Last 5 Year average price is £330,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 PALMERSTON AVENUE: £330,000 (Sold on 13 Sep 2022)
    • The first recorded sale happened at this postcode is 22 PALMERSTON AVENUE: £332,995 (Sold on 30 Sep 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 2GF 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£324,9953
2022£343,322 £3,456 6
2021£375,000 £3,125 1
2020£454,995 £2,430 2
2019£269,663 £2,472 3
2018£271,665 £2,303 3
2017£254,048 £2,809 2
2016£280,841 £2,882 8
2024£580,000 £3,005 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£330,000 £2,558 1
2019£222,858 £2,786 2
2017£266,772 £2,365 5
2016£318,098 £2,675 2

All the Sales in the PALMERSTON AVENUE, NE61 2GF

See the table below for more details on the sold house prices in the NE61 2GF, Northumberland postcode.

AddressSold DatePrice% Change
29 PALMERSTON AVENUEDetached, Freehold30 Mar 2023£304,995First Sale
36 PALMERSTON AVENUEDetached, Freehold21 Dec 2022£389,995First Sale
16 PALMERSTON AVENUESemi-Detached, FreeholdArea: 129 Sq.mtr13 Sep 2022£330,00011.88%
29 Sep 2017£294,950First Sale
15 PALMERSTON AVENUEDetached, FreeholdArea: 111 Sq.mtr27 Jul 2022£389,95032.19%
01 Jun 2017£295,000First Sale
24 PALMERSTON AVENUEDetached, FreeholdArea: 103 Sq.mtr11 Jul 2022£350,00027.74%
31 Oct 2019£273,995First Sale
2 PALMERSTON AVENUEDetached, FreeholdArea: 120 Sq.mtr30 Sep 2021£375,0007.45%
24 Jun 2016£348,995First Sale
17 PALMERSTON AVENUEDetached, FreeholdArea: 182 Sq.mtr27 Aug 2020£464,995First Sale
30 PALMERSTON AVENUEDetached, FreeholdArea: 193 Sq.mtrAge: 202030 Jul 2020£444,995-23.28%
08 Mar 2024£580,000First Sale
19 PALMERSTON AVENUEDetached, FreeholdArea: 146 Sq.mtr20 Dec 2019£379,995First Sale
3 PALMERSTON AVENUEDetached, FreeholdArea: 72 Sq.mtr10 Dec 2019£155,00014.81%
29 Oct 2018£135,000-38.10%
24 Oct 2016£218,096First Sale
26 PALMERSTON AVENUESemi-Detached, FreeholdArea: 80 Sq.mtr28 Jun 2019£225,722First Sale
28 PALMERSTON AVENUESemi-Detached, FreeholdArea: 80 Sq.mtr28 Jun 2019£219,995First Sale
13 PALMERSTON AVENUEDetached, FreeholdArea: 120 Sq.mtr12 Oct 2018£299,995First Sale
4 PALMERSTON AVENUEDetached, FreeholdArea: 150 Sq.mtr09 Feb 2018£380,000First Sale
8 PALMERSTON AVENUESemi-Detached, Freehold05 Oct 2017£222,880First Sale
10 PALMERSTON AVENUESemi-Detached, FreeholdArea: 86 Sq.mtr18 Aug 2017£218,880First Sale
14 PALMERSTON AVENUESemi-Detached, FreeholdArea: 129 Sq.mtr28 Jun 2017£294,950First Sale
18 PALMERSTON AVENUESemi-Detached, FreeholdArea: 129 Sq.mtr17 Mar 2017£302,201First Sale
1 PALMERSTON AVENUEDetached, FreeholdArea: 72 Sq.mtr28 Feb 2017£213,096First Sale
12 PALMERSTON AVENUESemi-Detached, FreeholdArea: 129 Sq.mtr16 Dec 2016£303,202First Sale
6 PALMERSTON AVENUEDetached, FreeholdArea: 111 Sq.mtr16 Dec 2016£323,655First Sale
20 PALMERSTON AVENUEDetached, FreeholdArea: 139 Sq.mtr21 Nov 2016£399,995First Sale
22 PALMERSTON AVENUESemi-Detached, FreeholdArea: 111 Sq.mtr30 Sep 2016£332,995First Sale
7 PALMERSTON AVENUEDetached, FreeholdArea: 89 Sq.mtr30 Jun 2016£248,995First Sale
9 PALMERSTON AVENUEDetached, FreeholdArea: 89 Sq.mtr30 Jun 2016£240,000First Sale
5 PALMERSTON AVENUEDetached, FreeholdArea: 72 Sq.mtr30 Jun 2016£219,995First Sale
11 PALMERSTON AVENUEDetached, FreeholdArea: 89 Sq.mtr29 Jun 2016£246,995First Sale
34 PALMERSTON AVENUEDetached, Freehold19 Dec 2022£304,995First Sale
21 PALMERSTON AVENUEDetached, Freehold17 Mar 2023£289,995First Sale
38 PALMERSTON AVENUEDetached, Freehold16 Dec 2022£334,995First Sale
32 PALMERSTON AVENUEDetached, Freehold15 Dec 2022£289,995First Sale
27 PALMERSTON AVENUEDetached, Freehold05 May 2023£379,995First Sale

Check out the sold house prices near the NE61 2GF postcode. Properties currently for saleProperties currently for rent

PALMERSTON AVENUE, NE61 2GF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE61 2GF 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 2GF postcode.

  • Flat
    • The average price is around £136,156 median price is £105,000 Standard Deviation is £100,088 with Total Sold: 291
    • The Last 5 Year average price is £165,909 with Total Sold: 39
    • The most recent sale happened at this postcode is APARTMENT 14, ST. JAMES PLACE, 7 DACRE STREET: £385,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 KINGS AVENUE: £115,000 (Sold on 01 May 1995)
  • Detached
    • The average price is around £377,310 median price is £363,998 Standard Deviation is £206,227 with Total Sold: 170
    • The Last 5 Year average price is £506,347 with Total Sold: 35
    • The most recent sale happened at this postcode is , 6 MORRISON ROAD: £335,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 THORP AVENUE: £243,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £180,823 median price is £182,000 Standard Deviation is £86,231 with Total Sold: 337
    • The Last 5 Year average price is £278,542 with Total Sold: 48
    • The most recent sale happened at this postcode is , 19 OLYMPIA HILL: £271,500 (Sold on 09 Jul 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 £2,367,923 median price is £825,000 Standard Deviation is £3,370,314 with Total Sold: 16
    • The Last 5 Year average price is £3,513,789 with Total Sold: 7
    • The most recent sale happened at this postcode is , PETROL FILLING STATION DARK LANE: £1,725,000 (Sold on 24 Apr 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)
  • Semi-Detached
    • The average price is around £247,651 median price is £245,000 Standard Deviation is £115,758 with Total Sold: 121
    • The Last 5 Year average price is £359,415 with Total Sold: 13
    • 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 , WAYSIDE COTTINGWOOD LANE: £86,950 (Sold on 24 May 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£288,167 £2,200 6
2023£142,217 £2,211 9
2022£113,000 £2,410 8
2021£152,708 £2,249 12
2020£181,250 £2,277 4
2019£163,636 £2,725 7
2018£309,357 £2,903 14
2017£200,496 £2,743 13
2016£255,553 £2,981 19
2015£118,389 £2,052 9
2014£134,875 £2,098 4
2013£119,556 £1,738 9
2012£162,167 £2,383 6
2011£137,822 £2,391 8
2010£134,333 £2,541 3
2009£138,000 £2,742 6
2008£159,333 £2,686 9
2007£134,333 £2,550 3
2006£152,392 £2,448 12
2005£165,188 £2,458 4
2004£130,167 £2,035 6
2003£104,596 £1,825 11
2002£76,268 £1,459 14
2001£77,466 £1,200 19
2000£69,731 £1,145 8
1999£73,114 £1,362 11
1998£69,805 £1,340 20
1997£72,023 £1,310 33
1996£99,950 £606 1
1995£64,166 £592 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£457,500 £3,005 2
2023£574,998 £3,695 6
2022£520,039 £3,973 11
2021£507,750 £3,134 7
2020£453,608 £2,902 9
2019£328,074 £2,582 13
2018£419,554 £2,613 17
2017£374,845 £2,706 15
2016£322,527 £2,781 19
2015£623,600 £2,402 4
2014£393,750 £1,836 2
2013£661,667 £2,180 3
2012£416,667 £2,515 3
2011£495,000 £2,016 1
2010£528,333 £3,067 3
2009£367,333 £2,494 3
2008£677,500 £2,494 4
2007£285,000 £2,244 1
2006£377,136 £1,871 7
2005£318,750 £1,981 4
2004£210,0001
2003£304,325 £1,327 9
2002£172,083 £1,363 6
2001£163,333 £723 3
2000£72,500 £1,151 1
1999£163,650 £1,127 3
1998£133,590 £627 5
1997£107,738 £971 4
1996£79,975 £758 2
1995£185,000 £976 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£297,167 £4,122 3
2023£306,964 £2,392 14
2022£303,917 £2,508 6
2021£264,179 £2,223 14
2020£241,727 £2,128 11
2019£302,439 £2,053 9
2018£222,626 £1,992 11
2017£227,453 £2,146 17
2016£128,624 £1,474 20
2015£230,545 £1,767 11
2014£204,676 £1,756 17
2013£199,021 £1,599 11
2012£221,000 £1,717 4
2011£212,278 £1,713 9
2010£204,779 £1,582 7
2009£185,921 £1,908 7
2008£225,250 £1,977 8
2007£198,045 £1,724 11
2006£203,563 £1,681 19
2005£207,800 £1,828 5
2004£205,104 £1,584 12
2003£155,100 £1,379 15
2002£137,104 £1,058 14
2001£95,772 £855 9
2000£91,444 £819 9
1999£91,122 £690 14
1998£79,287 £587 20
1997£76,541 £581 13
1996£63,168 £515 11
1995£65,408 £572 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£6,828,3333
2023£750,9941
2022£1,852,500 £26,464 1
2021£1,448,030 £20,686 1
2020£60,0001
2017£544,467 £3,230 3
2016£302,000 £2,008 3
2015£800,000 £11,111 1
2014£4,975,422 £11,806 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,000 £2,562 1
2022£378,914 £2,719 7
2021£325,000 £2,044 4
2020£310,000 £2,460 1
2019£221,427 £2,768 4
2018£310,000 £2,304 2
2017£277,263 £2,307 14
2016£352,314 £2,710 7
2015£304,167 £2,410 3
2014£219,740 £1,977 5
2012£302,000 £1,706 3
2011£374,400 £2,003 5
2010£252,333 £1,613 3
2009£290,690 £1,623 5
2008£283,500 £1,924 2
2007£269,062 £2,118 8
2006£357,317 £2,404 3
2005£316,000 £1,458 3
2004£239,250 £2,170 4
2003£180,417 £1,425 6
2002£182,500 £926 6
2001£129,967 £938 6
2000£81,000 £846 2
1999£93,667 £791 3
1998£102,502 £562 2
1997£96,634 £656 7
1996£105,000 £552 3
1995£73,475 £776 2

House Type in NE61 2GF area

The most common house types in the NE61 2GF postcode area are Detached (90), Terraced (85), and Semi-detached (45).

Total239
Detached90
Terraced85
Semi-detached45
Flat17
converted building2
Shared house0
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 (111), and Owned: Owns outright (86).

Owned: Owns with a mortgage or loan111
Owned: Owns outright86
Social rented: Other social rented15
Shared ownership: Shared ownership14
Private rented: Private landlord or letting agency9
Private rented: Other private rented4
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE61 2GF have 2 people in household (93), and 1 person in household (54).

2 people in household93
1 person in household54
3 people in household46
4 people in household38
5 people in household10
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0