Housing Market Analysis for THIRD AVENUE, NE61 2HY

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

Overview of Sold House prices

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

Terraced
- The average price is around £101,571 median price is £98,000 Standard Deviation is £22,915 with Total Sold: 7
- The Last 5 Year average price is £145,000 with Total Sold: 1
- The most recent sale happened at this postcode is 64 THIRD AVENUE: £145,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is 48 THIRD AVENUE: £98,000 (Sold on 15 Dec 2006)
Semi-Detached
- The average price is around £82,000 median price is £87,000 Standard Deviation is £27,269 with Total Sold: 5
- The Last 5 Year average price is £110,000 with Total Sold: 1
- The most recent sale happened at this postcode is 66 THIRD AVENUE: £110,000 (Sold on 24 Aug 2020)
- The first recorded sale happened at this postcode is 68 THIRD AVENUE: £40,000 (Sold on 31 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 2HY 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£145,000	£1,450	1
2016	£96,000		1
2011	£86,667	£857	3
2006	£105,000	£1,231	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£110,000	£1,058	1
2011	£87,000	£837	1
2007	£110,000		1
2002	£63,000		1
1997	£40,000		1

All the Sales in the THIRD AVENUE, NE61 2HY

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

Address	Sold Date	Price	% Change
64 THIRD AVENUETerraced, FreeholdArea: 100 Sq.mtrAge: 1950-1966	30 Jun 2021	£145,000	29.46%
	20 Dec 2006	£112,000	First Sale
66 THIRD AVENUESemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1930-1949	24 Aug 2020	£110,000	26.44%
	31 Jan 2011	£87,000	First Sale
67 THIRD AVENUETerraced, Freehold	15 Jan 2016	£96,000	-12.73%
67 THIRD AVENUETerraced, Freehold	27 Apr 2007	£110,000	First Sale
59 THIRD AVENUETerraced, FreeholdArea: 119.58 Sq.mtrAge: 1930-1949	13 Oct 2011	£76,000	First Sale
73 THIRD AVENUETerraced, FreeholdArea: 101.09 Sq.mtrAge: 1930-1949	01 Jul 2011	£112,000	First Sale
69 THIRD AVENUETerraced, FreeholdArea: 87.04 Sq.mtrAge: 1950-1966	01 Apr 2011	£72,000	First Sale
48 THIRD AVENUETerraced, FreeholdArea: 73 Sq.mtrAge: 1950-1966	15 Dec 2006	£98,000	First Sale
43 THIRD AVENUESemi-Detached, Freehold	16 Aug 2002	£63,000	First Sale
68 THIRD AVENUESemi-Detached, Freehold	31 Oct 1997	£40,000	First Sale

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

THIRD AVENUE, NE61 2HY Near By properties

Interactive Map

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

Detached
- The average price is around £220,976 median price is £225,000 Standard Deviation is £105,266 with Total Sold: 834
- The Last 5 Year average price is £317,146 with Total Sold: 116
- The most recent sale happened at this postcode is , 7 FULLERS VIEW: £415,000 (Sold on 19 Aug 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 £137,994 median price is £142,000 Standard Deviation is £61,256 with Total Sold: 972
- The Last 5 Year average price is £175,781 with Total Sold: 190
- The most recent sale happened at this postcode is , 7 BOWYER WAY: £227,000 (Sold on 19 Aug 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 £83,493 median price is £82,000 Standard Deviation is £40,122 with Total Sold: 105
- The Last 5 Year average price is £84,402 with Total Sold: 21
- 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 £124,040 median price is £113,500 Standard Deviation is £61,222 with Total Sold: 387
- The Last 5 Year average price is £158,427 with Total Sold: 71
- The most recent sale happened at this postcode is , 41 GREEN LANE: £120,000 (Sold on 14 Dec 2023)
- The first recorded sale happened at this postcode is , 43 GREEN LANE: £52,500 (Sold on 20 Jan 1995)
Other
- The average price is around £1,140,303 median price is £158,177 Standard Deviation is £2,313,453 with Total Sold: 17
- The Last 5 Year average price is £884,587 with Total Sold: 10
- The most recent sale happened at this postcode is , 11 GLANTON CLOSE: £6,223 (Sold on 19 Aug 2022)
- 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£351,600	£3,690	5
2023	£315,515	£2,745	15
2022	£344,602	£3,254	24
2021	£308,925	£2,771	41
2020	£301,995	£2,590	31
2019	£294,468	£2,531	33
2018	£278,694	£2,584	36
2017	£298,718	£2,506	47
2016	£300,801	£2,412	32
2015	£291,198	£2,405	20
2014	£245,767	£2,370	27
2013	£250,759	£2,132	17
2012	£269,308	£2,151	13
2011	£247,800	£2,138	10
2010	£276,739	£2,285	11
2009	£259,600	£2,131	5
2008	£279,132	£2,198	11
2007	£293,378	£2,196	20
2006	£279,172	£2,213	32
2005	£258,490	£2,261	21
2004	£250,650	£2,102	23
2003	£199,319	£1,811	26
2002	£187,957	£1,480	34
2001	£161,772	£1,153	60
2000	£131,247	£1,041	53
1999	£121,137	£936	35
1998	£108,020	£861	35
1997	£107,048	£815	27
1996	£99,874	£860	64
1995	£93,969	£767	26

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£231,605	£2,714	22
2023	£184,858	£2,279	18
2022	£175,834	£2,317	34
2021	£172,785	£2,207	69
2020	£150,536	£1,987	47
2019	£154,044	£1,994	70
2018	£166,637	£2,118	63
2017	£160,776	£2,070	62
2016	£170,220	£2,032	37
2015	£161,639	£1,895	28
2014	£160,558	£1,917	30
2013	£121,296	£1,595	20
2012	£144,641	£1,693	27
2011	£155,107	£1,726	25
2010	£172,122	£1,881	20
2009	£150,161	£1,868	18
2008	£157,536	£1,669	11
2007	£168,812	£1,995	32
2006	£161,359	£1,925	29
2005	£163,041	£2,053	27
2004	£137,583	£1,895	29
2003	£111,233	£1,280	29
2002	£77,403	£898	25
2001	£69,911	£763	33
2000	£66,768	£846	25
1999	£62,759	£665	29
1998	£62,450	£688	28
1997	£52,931	£606	26
1996	£55,844	£745	34
1995	£52,030	£570	25

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£104,000		2
2023	£67,390	£2,084	5
2022	£84,000	£2,253	6
2021	£95,750	£1,899	4
2020	£85,125	£1,666	4
2019	£82,667	£1,696	3
2018	£110,539	£2,224	6
2017	£107,027	£1,791	7
2016	£94,562	£2,037	4
2015	£76,000	£2,455	2
2014	£69,000	£2,087	2
2013	£95,000	£2,535	1
2012	£94,190	£2,031	5
2011	£109,072	£1,973	5
2010	£89,550	£2,166	9
2009	£66,250	£2,064	1
2008	£67,375	£1,838	4
2007	£90,000	£2,200	3
2006	£87,743	£2,125	7
2005	£67,317	£1,343	3
2004	£64,250	£2,114	4
2003	£51,832	£1,428	6
2002	£93,500	£1,108	6
2001	£28,375	£912	4
1997	£42,000	£833	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£179,909	£2,147	16
2022	£155,276	£2,017	13
2021	£150,028	£1,980	23
2020	£152,658	£1,958	19
2019	£141,123	£1,874	12
2018	£115,779	£1,436	12
2017	£159,465	£1,709	16
2016	£147,243	£1,696	14
2015	£126,250	£1,431	4
2014	£119,914	£1,381	11
2013	£122,900	£1,445	15
2012	£149,591	£1,632	11
2011	£118,979	£1,421	19
2010	£158,790	£1,796	5
2009	£97,500	£1,241	10
2008	£181,583	£1,406	6
2007	£154,058	£1,815	19
2006	£155,088	£1,741	26
2005	£167,389	£1,837	14
2004	£192,875	£1,847	12
2003	£96,882	£1,120	11
2002	£69,167	£879	15
2001	£72,541	£755	11
2000	£62,638	£622	12
1999	£71,973	£753	11
1998	£39,670	£463	10
1997	£59,433	£619	15
1996	£50,903	£648	17
1995	£51,488	£790	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£21,302	£275	3
2021	£38,856	£916	3
2020	£2,166,349	£33,319	4
2019	£125,000	£2,155	1
2018	£6,250,000	£109,649	1
2017	£989,822	£11,248	4
2015	£205,000		1

House Type in NE61 2HY area

The most common house types in the NE61 2HY postcode area are Semi-detached (88), Terraced (34), and Detached (4).

Total	126
Semi-detached	88
Terraced	34
Detached	4
Flat	0
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 Social rented: Other social rented (34), and Social rented: Rents from council or Local Authority (32).

Social rented: Other social rented	34
Social rented: Rents from council or Local Authority	32
Owned: Owns outright	24
Owned: Owns with a mortgage or loan	21
Private rented: Private landlord or letting agency	14
Private rented: Other private rented	1
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the NE61 2HY have 1 person in household (45), and 2 people in household (45).

1 person in household	45
2 people in household	45
3 people in household	14
4 people in household	10
5 people in household	9
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0