Housing Market Analysis for ABBOTS WAY, NE61 2LY

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £136,200 median price is £140,000 Standard Deviation is £40,107 with Total Sold: 15
- The Last 5 Year average price is £203,500 with Total Sold: 2
- The most recent sale happened at this postcode is 36 ABBOTS WAY: £231,500 (Sold on 30 Jul 2024)
- The first recorded sale happened at this postcode is 4 ABBOTS WAY: £46,500 (Sold on 28 Jan 2000)
Terraced
- The average price is around £112,100 median price is £124,125 Standard Deviation is £41,154 with Total Sold: 12
- The Last 5 Year average price is £146,667 with Total Sold: 3
- The most recent sale happened at this postcode is 3 ABBOTS WAY: £140,000 (Sold on 09 Aug 2022)
- The first recorded sale happened at this postcode is 27 ABBOTS WAY: £47,000 (Sold on 17 Dec 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 2LY 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£231,500		1
2021	£175,500	£2,089	1
2017	£142,000	£1,690	1
2016	£148,750	£1,804	2
2014	£134,000	£1,614	1
2013	£147,000	£1,793	1
2012	£138,333	£1,589	3
2008	£134,000	£1,595	1
2007	£143,000		1
2003	£88,500	£1,060	2
2000	£46,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£140,000	£1,707	1
2021	£130,000	£1,529	1
2020	£170,000	£1,735	1
2018	£124,125	£1,496	2
2017	£155,000	£1,582	1
2015	£130,500	£1,611	1
2014	£115,000	£1,337	1
2007	£120,000	£1,481	1
2001	£47,500		1
2000	£41,950	£488	1
1999	£47,000		1

All the Sales in the ABBOTS WAY, NE61 2LY

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

Address	Sold Date	Price	% Change
36 ABBOTS WAYSemi-Detached, Freehold	30 Jul 2024	£231,500	63.03%
	13 Jan 2017	£142,000	5.97%
	12 Sep 2008	£134,000	First Sale
3 ABBOTS WAYTerraced, FreeholdArea: 82 Sq.mtrAge: 1950-1966	09 Aug 2022	£140,000	First Sale
18 ABBOTS WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	21 Oct 2021	£175,500	25.36%
	06 Jan 2012	£140,000	57.30%
	19 Jun 2003	£89,000	First Sale
23 ABBOTS WAYTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	29 Jul 2021	£130,000	First Sale
21 ABBOTS WAYTerraced, FreeholdArea: 98 Sq.mtrAge: 1950-1966	04 Dec 2020	£170,000	9.68%
	24 Nov 2017	£155,000	First Sale
29 ABBOTS WAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	05 Jul 2018	£123,250	First Sale
11 ABBOTS WAYTerraced, FreeholdArea: 82 Sq.mtrAge: 1950-1966	10 Apr 2018	£125,000	First Sale
34 ABBOTS WAYSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	14 Nov 2016	£137,500	First Sale
24 ABBOTS WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	22 Aug 2016	£160,000	8.84%
	17 Jun 2013	£147,000	1.38%
	14 Dec 2012	£145,000	First Sale
13 ABBOTS WAYTerraced, FreeholdArea: 81 Sq.mtrAge: 1950-1966	05 Nov 2015	£130,500	8.75%
	21 Feb 2007	£120,000	First Sale
31 ABBOTS WAYTerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	26 Nov 2014	£115,000	174.14%
	10 Mar 2000	£41,950	First Sale
12 ABBOTS WAYSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	14 Apr 2014	£134,000	First Sale
22 ABBOTS WAYSemi-Detached, FreeholdArea: 97.68 Sq.mtrAge: 1950-1966	14 Sep 2012	£130,000	First Sale
30 ABBOTS WAYSemi-Detached, Freehold	16 May 2007	£143,000	62.50%
30 ABBOTS WAYSemi-Detached, Freehold	13 Jun 2003	£88,000	First Sale
33 ABBOTS WAYTerraced, Freehold	29 Apr 2001	£47,500	First Sale
4 ABBOTS WAYSemi-Detached, Freehold	28 Jan 2000	£46,500	First Sale
27 ABBOTS WAYTerraced, Freehold	17 Dec 1999	£47,000	First Sale

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

ABBOTS WAY, NE61 2LY Near By properties

Interactive Map

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

Terraced
- The average price is around £125,569 median price is £115,000 Standard Deviation is £82,356 with Total Sold: 729
- The Last 5 Year average price is £167,279 with Total Sold: 141
- The most recent sale happened at this postcode is , 35 MITFORD ROAD: £390,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 49 PRETORIA AVENUE: £35,000 (Sold on 10 Feb 1995)
Semi-Detached
- The average price is around £140,175 median price is £136,000 Standard Deviation is £65,917 with Total Sold: 561
- The Last 5 Year average price is £193,433 with Total Sold: 88
- The most recent sale happened at this postcode is , 18 MAYFIELD: £200,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 2 WOODHILL DRIVE: £37,750 (Sold on 19 Jan 1995)
Detached
- The average price is around £239,434 median price is £203,500 Standard Deviation is £129,643 with Total Sold: 170
- The Last 5 Year average price is £380,491 with Total Sold: 27
- The most recent sale happened at this postcode is , ROTHLEY COTTAGE NORTHUMBERLAND GARDENS: £415,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 8 BLAGDON CLOSE: £84,950 (Sold on 19 May 1995)
Other
- The average price is around £284,511 median price is £200,000 Standard Deviation is £270,725 with Total Sold: 44
- The Last 5 Year average price is £259,856 with Total Sold: 25
- The most recent sale happened at this postcode is , THE BANQUE, 5 MARKET PLACE: £410,000 (Sold on 02 Jul 2024)
- The first recorded sale happened at this postcode is , 28 NEWGATE STREET: £270,000 (Sold on 19 Jun 2014)
Flat
- The average price is around £104,567 median price is £101,500 Standard Deviation is £52,465 with Total Sold: 307
- The Last 5 Year average price is £143,246 with Total Sold: 57
- The most recent sale happened at this postcode is , 36 MATHESONS GARDENS: £165,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is 2, CLOCK TOWER FLATS OLDGATE: £34,500 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£168,472	£2,053	9
2023	£192,135	£1,975	26
2022	£172,308	£1,926	17
2021	£146,662	£1,787	40
2020	£196,477	£1,857	28
2019	£132,262	£1,663	21
2018	£164,065	£1,776	31
2017	£138,829	£1,637	28
2016	£149,361	£1,589	28
2015	£146,831	£1,635	31
2014	£166,923	£1,719	26
2013	£122,041	£1,516	22
2012	£156,361	£1,356	9
2011	£148,211	£1,582	16
2010	£160,658	£1,605	16
2009	£129,929	£1,508	7
2008	£175,412	£1,621	12
2007	£160,517	£1,833	27
2006	£147,445	£1,620	42
2005	£130,448	£1,519	20
2004	£126,564	£1,636	22
2003	£112,491	£1,270	38
2002	£80,021	£885	31
2001	£70,368	£801	34
2000	£68,145	£673	29
1999	£65,220	£667	21
1998	£53,487	£632	26
1997	£62,641	£592	34
1996	£51,871	£692	26
1995	£47,958	£581	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£212,838	£2,716	9
2023	£177,206	£2,199	12
2022	£185,350	£2,310	14
2021	£187,277	£2,212	35
2020	£293,000	£3,263	5
2019	£181,962	£2,286	13
2018	£148,900	£1,744	20
2017	£156,139	£1,772	27
2016	£145,624	£1,806	19
2015	£161,722	£1,842	17
2014	£159,650	£1,816	22
2013	£155,981	£1,657	16
2012	£154,813	£1,618	19
2011	£153,333	£1,736	27
2010	£152,617	£1,763	21
2009	£139,969	£1,622	16
2008	£181,078	£1,900	20
2007	£147,258	£1,739	40
2006	£159,572	£1,776	25
2005	£178,029	£1,756	17
2004	£164,883	£1,561	17
2003	£118,117	£1,155	24
2002	£85,491	£973	17
2001	£80,120	£808	15
2000	£58,773	£592	19
1999	£71,178	£797	16
1998	£59,557	£646	15
1997	£57,405	£553	19
1996	£54,558	£546	15
1995	£49,370	£639	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£436,667		3
2023	£493,317	£3,701	3
2022	£452,475	£2,928	2
2021	£425,062	£2,769	4
2020	£355,900	£3,454	10
2019	£263,819	£1,936	5
2018	£306,250	£2,995	4
2017	£288,333	£2,230	3
2016	£363,700	£2,397	5
2015	£303,857	£2,624	7
2014	£280,600	£2,193	5
2012	£273,112	£2,106	4
2011	£251,250	£2,619	4
2010	£305,850	£2,745	5
2009	£550,000	£2,871	1
2008	£276,367	£2,126	6
2007	£210,824	£2,825	6
2006	£273,417	£1,864	10
2005	£261,638	£1,740	5
2004	£213,722	£1,834	9
2003	£199,562	£1,886	8
2002	£191,682	£1,514	11
2001	£148,488	£1,113	4
2000	£150,738	£1,369	4
1999	£130,469	£1,004	16
1998	£122,750	£714	7
1997	£116,429	£828	7
1996	£98,430	£790	5
1995	£110,064	£745	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,000		2
2023	£324,833		3
2022	£123,333	£2,196	3
2021	£201,583	£1,916	6
2020	£371,667		3
2019	£277,175	£1,065	8
2018	£415,416	£8,730	6
2017	£273,113	£25	5
2016	£369,500		2
2015	£231,000		5
2014	£270,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000		1
2023	£158,944	£2,561	9
2022	£156,692	£2,792	13
2021	£127,875	£2,429	12
2020	£165,800	£2,584	10
2019	£111,667	£1,891	12
2018	£128,333	£1,986	6
2017	£123,227	£1,908	11
2016	£146,045	£2,346	11
2015	£135,667	£2,285	9
2014	£114,125	£2,576	4
2013	£130,833	£2,441	9
2012	£119,750	£2,294	2
2011	£102,312	£1,947	8
2010	£136,125	£2,381	12
2009	£113,125	£1,510	4
2008	£119,375	£2,594	4
2007	£155,471	£2,338	14
2006	£122,111	£1,989	9
2005	£118,389	£2,213	9
2004	£119,329	£2,031	17
2003	£91,691	£1,331	11
2002	£80,889	£1,421	18
2001	£63,815	£1,055	17
2000	£64,036	£1,111	14
1999	£64,673	£1,071	19
1998	£47,200	£764	5
1997	£37,986	£700	7
1996	£41,548	£726	23
1995	£32,360	£687	7

House Type in NE61 2LY area

The most common house types in the NE61 2LY postcode area are Detached (71), Semi-detached (40), and Terraced (15).

Total	126
Detached	71
Semi-detached	40
Terraced	15
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 Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright	64
Owned: Owns with a mortgage or loan	41
Private rented: Private landlord or letting agency	9
Social rented: Rents from council or Local Authority	5
Social rented: Other social rented	5
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE61 2LY have 2 people in household (60), and 1 person in household (23).

2 people in household	60
1 person in household	23
3 people in household	23
4 people in household	13
5 people in household	4
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0