Housing Market Analysis for HORSESHOE WAY, NE61 2GP

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

Overview of Sold House prices

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

Detached
- The average price is around £414,630 median price is £388,995 Standard Deviation is £55,942 with Total Sold: 24
- The Last 5 Year average price is £462,992 with Total Sold: 6
- The most recent sale happened at this postcode is 4 HORSESHOE WAY: £438,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is 13 HORSESHOE WAY: £451,745 (Sold on 30 Jun 2017)
Semi-Detached
- The average price is around £304,628 median price is £290,000 Standard Deviation is £33,341 with Total Sold: 7
- The Last 5 Year average price is £385,000 with Total Sold: 1
- The most recent sale happened at this postcode is 26 HORSESHOE WAY: £385,000 (Sold on 26 Feb 2024)
- The first recorded sale happened at this postcode is 3 HORSESHOE WAY: £299,995 (Sold on 08 Dec 2017)
Flat
- The average price is around £175,000 median price is £175,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 19 HORSESHOE WAY: £175,000 (Sold on 22 Sep 2017)
- The first recorded sale happened at this postcode is 19 HORSESHOE WAY: £175,000 (Sold on 22 Sep 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 2GP 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£443,975		2
2022	£490,000	£2,915	3
2020	£420,000	£2,877	1
2019	£452,496	£2,482	4
2018	£377,371	£2,699	12
2017	£417,370	£3,043	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£385,000		1
2019	£287,500	£2,162	1
2018	£291,633	£2,092	3
2017	£292,498	£2,045	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£175,000	£2,500	1

All the Sales in the HORSESHOE WAY, NE61 2GP

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

Address	Sold Date	Price	% Change
4 HORSESHOE WAYDetached, Freehold	26 Jul 2024	£438,000	20.00%
4 HORSESHOE WAYDetached, Freehold	29 Jun 2018	£364,995	First Sale
9 HORSESHOE WAYDetached, Freehold	26 Apr 2024	£449,950	21.61%
9 HORSESHOE WAYDetached, Freehold	06 Jul 2018	£369,995	First Sale
26 HORSESHOE WAYSemi-Detached, Freehold	26 Feb 2024	£385,000	28.38%
26 HORSESHOE WAYSemi-Detached, Freehold	09 May 2018	£299,900	First Sale
15 HORSESHOE WAYDetached, FreeholdArea: 128 Sq.mtr	16 Sep 2022	£450,000	17.50%
15 HORSESHOE WAYDetached, FreeholdArea: 128 Sq.mtr	13 Oct 2017	£382,995	First Sale
6 HORSESHOE WAYDetached, FreeholdArea: 195 Sq.mtr	11 Mar 2022	£510,000	0.0
	11 Mar 2022	£510,000	6.25%
	08 Jan 2019	£480,000	First Sale
16 HORSESHOE WAYDetached, FreeholdArea: 146 Sq.mtr	07 Jul 2020	£420,000	6.33%
16 HORSESHOE WAYDetached, FreeholdArea: 146 Sq.mtr	25 May 2018	£394,995	First Sale
5 HORSESHOE WAYDetached, FreeholdArea: 195 Sq.mtr	30 Aug 2019	£484,995	First Sale
7 HORSESHOE WAYDetached, FreeholdArea: 146 Sq.mtr	15 Aug 2019	£374,995	First Sale
18 HORSESHOE WAYDetached, FreeholdArea: 195 Sq.mtr	28 Jun 2019	£469,995	First Sale
24 HORSESHOE WAYSemi-Detached, FreeholdArea: 133 Sq.mtr	05 Apr 2019	£287,500	First Sale
14 HORSESHOE WAYDetached, FreeholdArea: 195 Sq.mtr	20 Dec 2018	£505,000	First Sale
12 HORSESHOE WAYDetached, FreeholdArea: 138 Sq.mtr	17 Dec 2018	£372,995	First Sale
10 HORSESHOE WAYDetached, FreeholdArea: 138 Sq.mtr	14 Dec 2018	£372,995	First Sale
17 HORSESHOE WAYDetached, FreeholdArea: 128 Sq.mtr	06 Dec 2018	£320,000	First Sale
8 HORSESHOE WAYDetached, FreeholdArea: 128 Sq.mtr	30 Nov 2018	£359,995	First Sale
2 HORSESHOE WAYDetached, FreeholdArea: 128 Sq.mtr	06 Nov 2018	£359,995	First Sale
22 HORSESHOE WAYDetached, FreeholdArea: 138 Sq.mtr	28 Sep 2018	£367,500	First Sale
11 HORSESHOE WAYDetached, FreeholdArea: 138 Sq.mtr	29 Jun 2018	£369,995	First Sale
20 HORSESHOE WAYDetached, FreeholdArea: 138 Sq.mtr	08 Jun 2018	£369,995	First Sale
21 HORSESHOE WAYSemi-Detached, FreeholdArea: 143 Sq.mtr	16 Apr 2018	£290,000	First Sale
23 HORSESHOE WAYSemi-Detached, FreeholdArea: 143 Sq.mtr	29 Mar 2018	£285,000	First Sale
1 HORSESHOE WAYSemi-Detached, FreeholdArea: 143 Sq.mtr	15 Dec 2017	£285,000	First Sale
3 HORSESHOE WAYSemi-Detached, FreeholdArea: 143 Sq.mtr	08 Dec 2017	£299,995	First Sale
19 HORSESHOE WAYFlat, FreeholdArea: 70 Sq.mtr	22 Sep 2017	£175,000	First Sale
13 HORSESHOE WAYDetached, FreeholdArea: 146 Sq.mtr	30 Jun 2017	£451,745	First Sale

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

HORSESHOE WAY, NE61 2GP Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £164,318 median price is £166,750 Standard Deviation is £78,045 with Total Sold: 772
- The Last 5 Year average price is £237,299 with Total Sold: 108
- The most recent sale happened at this postcode is , 35 RECTORY PARK: £450,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 60 LINDISFARNE LANE: £62,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £108,228 median price is £111,904 Standard Deviation is £47,199 with Total Sold: 128
- The Last 5 Year average price is £109,613 with Total Sold: 26
- The most recent sale happened at this postcode is , 8 CHEVIOT COURT: £78,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is FLAT, 11 HEATHFIELD: £29,000 (Sold on 01 Dec 1997)
Terraced
- The average price is around £150,013 median price is £138,000 Standard Deviation is £81,739 with Total Sold: 500
- The Last 5 Year average price is £215,477 with Total Sold: 80
- The most recent sale happened at this postcode is , 80 ST MARYS FIELD: £175,000 (Sold on 30 Jul 2024)
- The first recorded sale happened at this postcode is , 12 KENDOR GROVE: £78,000 (Sold on 28 Feb 1995)
Detached
- The average price is around £246,427 median price is £242,500 Standard Deviation is £124,937 with Total Sold: 365
- The Last 5 Year average price is £382,300 with Total Sold: 34
- The most recent sale happened at this postcode is , 4 HORSESHOE WAY: £438,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 29 LOW STOBHILL: £80,000 (Sold on 20 Jan 1995)
Other
- The average price is around £97,083 median price is £90,500 Standard Deviation is £84,914 with Total Sold: 6
- The Last 5 Year average price is £20,500 with Total Sold: 2
- The most recent sale happened at this postcode is 1, ASTON COURT HORSESHOE WAY: £31,000 (Sold on 16 Dec 2020)
- The first recorded sale happened at this postcode is , MORPETH PARISH HALL GRANGE ROAD: £205,000 (Sold on 17 Aug 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£265,081	£2,829	21
2023	£260,938	£2,640	16
2022	£249,684	£2,604	19
2021	£227,206	£2,570	35
2020	£187,671	£2,289	17
2019	£200,688	£2,170	21
2018	£211,698	£2,196	32
2017	£206,870	£2,119	35
2016	£192,206	£2,177	30
2015	£193,312	£1,931	32
2014	£194,086	£1,971	40
2013	£177,650	£1,688	26
2012	£192,834	£2,074	29
2011	£176,462	£2,024	25
2010	£184,455	£2,082	18
2009	£175,459	£1,710	11
2008	£184,385	£1,806	24
2007	£183,515	£2,072	36
2006	£176,459	£1,946	41
2005	£174,140	£1,861	26
2004	£167,212	£2,116	24
2003	£125,643	£1,414	22
2002	£118,575	£990	16
2001	£78,452	£842	23
2000	£74,940	£801	21
1999	£69,833	£837	27
1998	£67,480	£764	27
1997	£63,500	£599	27
1996	£59,334	£663	25
1995	£63,677	£656	26

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£118,833		3
2023	£86,575	£2,004	6
2022	£126,429	£1,919	7
2021	£132,917	£2,097	6
2020	£72,875	£1,517	4
2019	£95,471	£1,508	7
2018	£147,588	£2,153	10
2017	£145,000	£2,049	2
2016	£107,853	£1,802	7
2015	£146,489	£2,120	14
2014	£136,178	£2,196	7
2013	£141,650	£2,033	3
2012	£126,169	£1,997	8
2011	£151,114	£1,871	7
2009	£66,250	£2,064	1
2008	£58,500	£2,033	3
2007	£90,000	£2,200	3
2006	£95,700	£2,125	6
2005	£105,225	£2,405	2
2004	£64,250	£2,114	4
2003	£51,832	£1,428	6
2002	£43,200	£1,108	5
2001	£28,375	£912	4
1998	£40,000		1
1997	£42,000	£833	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£284,000		3
2023	£247,344	£2,485	24
2022	£223,833	£2,338	9
2021	£187,933	£2,144	15
2020	£193,668	£2,191	29
2019	£207,881	£2,045	16
2018	£162,604	£2,067	14
2017	£205,125	£2,032	12
2016	£205,239	£1,853	9
2015	£166,363	£2,001	19
2014	£180,882	£1,910	16
2013	£175,767	£1,843	36
2012	£182,808	£1,675	13
2011	£168,844	£1,925	12
2010	£182,800	£1,914	10
2009	£154,494	£1,868	8
2008	£181,495	£1,687	10
2007	£175,246	£2,229	14
2006	£168,746	£1,779	27
2005	£180,945	£1,931	20
2004	£167,186	£1,738	27
2003	£120,868	£1,482	19
2002	£83,436	£1,023	14
2001	£68,384	£692	19
2000	£59,622	£664	18
1999	£66,904	£691	20
1998	£59,941	£767	18
1997	£57,714	£657	18
1996	£56,418	£725	22
1995	£57,389	£654	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£372,658	£4,107	6
2023	£477,143	£2,941	7
2022	£469,167	£2,809	6
2021	£303,156	£2,513	8
2020	£311,714	£2,687	7
2019	£375,623	£2,487	8
2018	£335,056	£2,674	26
2017	£311,616	£2,579	12
2016	£304,132	£2,322	17
2015	£315,820	£2,315	15
2014	£268,860	£2,318	15
2013	£299,803	£2,036	18
2012	£338,688	£2,141	13
2011	£326,875	£2,176	4
2010	£252,833	£2,177	9
2009	£315,812	£2,526	8
2008	£277,500	£2,561	6
2007	£284,805	£2,380	15
2006	£261,134	£2,323	22
2005	£247,438	£2,155	8
2004	£247,033	£2,035	15
2003	£192,818	£1,616	11
2002	£154,617	£1,448	12
2001	£133,454	£1,166	13
2000	£115,285	£873	15
1999	£101,111	£829	9
1998	£111,941	£1,035	11
1997	£93,654	£810	24
1996	£105,036	£815	14
1995	£88,677	£769	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£20,500	£284	2
2019	£1,500	£25	1
2017	£167,500	£2,373	2
2015	£205,000		1

House Type in NE61 2GP area

The most common house types in the NE61 2GP postcode area are Semi-detached (105), Detached (35), and Flat (12).

Total	159
Semi-detached	105
Detached	35
Flat	12
Terraced	7
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (85), and Owned: Owns with a mortgage or loan (55).

Owned: Owns outright	85
Owned: Owns with a mortgage or loan	55
Private rented: Private landlord or letting agency	11
Shared ownership: Shared ownership	3
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE61 2GP have 2 people in household (66), and 1 person in household (39).

2 people in household	66
1 person in household	39
4 people in household	23
3 people in household	20
5 people in household	10
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0