Housing Market Analysis for ABBOTS WAY, NE61 2LZ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £129,170 median price is £135,000 Standard Deviation is £43,320 with Total Sold: 23
- The Last 5 Year average price is £159,000 with Total Sold: 7
- The most recent sale happened at this postcode is 43 ABBOTS WAY: £216,000 (Sold on 30 May 2024)
- The first recorded sale happened at this postcode is 47 ABBOTS WAY: £40,000 (Sold on 17 Oct 1997)
Terraced
- The average price is around £104,667 median price is £75,000 Standard Deviation is £49,936 with Total Sold: 3
- The most recent sale happened at this postcode is 43 ABBOTS WAY: £175,000 (Sold on 08 May 2008)
- The first recorded sale happened at this postcode is 43 ABBOTS WAY: £64,000 (Sold on 15 Mar 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 2LZ 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	£205,500		2
2021	£142,333	£1,687	3
2020	£137,500	£1,640	2
2016	£144,950	£1,785	1
2015	£120,000	£1,412	1
2014	£136,000	£1,639	1
2012	£167,000	£1,518	1
2011	£135,000	£1,663	1
2009	£135,000	£1,607	1
2008	£137,650	£1,702	3
2007	£139,167	£1,688	3
2002	£62,500		1
2001	£52,000	£619	1
1999	£35,000	£431	1
1997	£40,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£175,000	£1,944	1
2003	£75,000		1
2002	£64,000	£711	1

All the Sales in the ABBOTS WAY, NE61 2LZ

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

Address	Sold Date	Price	% Change
43 ABBOTS WAYSemi-Detached, Freehold	30 May 2024	£216,000	29.34%
	20 Apr 2012	£167,000	-4.57%
	08 May 2008	£175,000	173.44%
	15 Mar 2002	£64,000	First Sale
50 ABBOTS WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	27 Aug 2021	£162,000	35.00%
	17 Apr 2015	£120,000	First Sale
37 ABBOTS WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	04 Jun 2021	£130,000	First Sale
45 ABBOTS WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	12 Mar 2021	£135,000	0.0
	24 Nov 2009	£135,000	First Sale
48 ABBOTS WAYSemi-Detached, FreeholdArea: 84.6 Sq.mtrAge: 1950-1966	24 Nov 2020	£145,000	9.43%
	10 Apr 2007	£132,500	First Sale
52 ABBOTS WAYSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	08 Jun 2020	£130,000	First Sale
46 ABBOTS WAYSemi-Detached, FreeholdArea: 81.2 Sq.mtrAge: 1930-1949	15 Jul 2016	£144,950	7.37%
	02 Dec 2011	£135,000	-4.93%
	26 Jan 2007	£142,000	305.71%
	02 Dec 1999	£35,000	First Sale
54 ABBOTS WAYSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	18 Sep 2014	£136,000	-4.90%
	05 Oct 2007	£143,000	-26.67%
	20 Sep 2024	£195,000	First Sale
39 ABBOTS WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1967-1975	31 Oct 2008	£143,000	175.00%
	22 Jun 2001	£52,000	First Sale
60 ABBOTS WAYSemi-Detached, Freehold	29 Aug 2008	£124,950	First Sale
44 ABBOTS WAYSemi-Detached, Freehold	05 Jun 2008	£145,000	93.33%
44 ABBOTS WAYSemi-Detached, Freehold	28 May 2003	£75,000	First Sale
56 ABBOTS WAYSemi-Detached, Freehold	07 Mar 2002	£62,500	First Sale
47 ABBOTS WAYSemi-Detached, Leasehold	17 Oct 1997	£40,000	First Sale

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

ABBOTS WAY, NE61 2LZ Near By properties

Interactive Map

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

Detached
- The average price is around £225,924 median price is £200,000 Standard Deviation is £118,400 with Total Sold: 193
- The Last 5 Year average price is £362,983 with Total Sold: 29
- The most recent sale happened at this postcode is , 3 OGLE AVENUE: £485,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 8 BLAGDON CLOSE: £84,950 (Sold on 19 May 1995)
Semi-Detached
- The average price is around £140,478 median price is £140,000 Standard Deviation is £62,081 with Total Sold: 705
- The Last 5 Year average price is £196,761 with Total Sold: 102
- The most recent sale happened at this postcode is , 54 ABBOTS WAY: £195,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 2 WOODHILL DRIVE: £37,750 (Sold on 19 Jan 1995)
Flat
- The average price is around £99,981 median price is £105,000 Standard Deviation is £43,862 with Total Sold: 191
- The Last 5 Year average price is £126,852 with Total Sold: 27
- The most recent sale happened at this postcode is , 46 MATHESONS GARDENS: £190,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is 2, CLOCK TOWER FLATS OLDGATE: £34,500 (Sold on 31 Mar 1995)
Terraced
- The average price is around £114,473 median price is £112,500 Standard Deviation is £64,800 with Total Sold: 621
- The Last 5 Year average price is £157,589 with Total Sold: 106
- 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)
Other
- The average price is around £189,164 median price is £108,165 Standard Deviation is £219,804 with Total Sold: 15
- The Last 5 Year average price is £261,929 with Total Sold: 7
- The most recent sale happened at this postcode is , 6 VANBURGH GARDENS: £280,000 (Sold on 18 Nov 2022)
- The first recorded sale happened at this postcode is , TOWER BULIDINGS, 9 OLDGATE: £150,000 (Sold on 23 Feb 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£392,380		5
2023	£417,650	£3,155	6
2022	£349,988	£3,033	4
2021	£406,050	£2,805	5
2020	£292,056	£2,693	9
2019	£263,819	£1,936	5
2018	£310,999	£2,760	7
2017	£285,875	£2,113	4
2016	£313,564	£2,625	7
2015	£253,136	£2,652	7
2014	£238,175	£2,218	8
2013	£196,000	£2,071	2
2012	£227,075	£2,001	6
2011	£251,000	£2,512	5
2010	£263,679	£2,633	7
2009	£172,500	£1,992	2
2008	£278,000	£2,126	4
2007	£234,790	£2,708	5
2006	£268,667	£1,652	10
2005	£248,865	£2,071	6
2004	£190,929	£1,842	7
2003	£199,950	£1,641	10
2002	£164,909	£1,544	11
2001	£111,300	£675	5
2000	£125,250	£752	4
1999	£126,367	£1,001	15
1998	£117,375	£837	6
1997	£111,250	£828	6
1996	£91,769	£774	8
1995	£98,564	£687	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£228,308	£2,716	18
2023	£184,498	£2,245	18
2022	£194,795	£2,540	20
2021	£189,297	£2,278	36
2020	£192,850	£2,705	10
2019	£183,533	£2,157	15
2018	£157,180	£1,858	25
2017	£151,782	£1,844	31
2016	£157,754	£1,952	23
2015	£168,230	£1,994	26
2014	£162,689	£2,061	28
2013	£157,388	£1,704	25
2012	£155,345	£1,671	21
2011	£153,333	£1,736	27
2010	£155,190	£1,839	26
2009	£142,694	£1,661	18
2008	£179,618	£1,919	22
2007	£151,630	£1,790	45
2006	£160,592	£1,917	36
2005	£170,935	£1,780	23
2004	£145,905	£1,684	21
2003	£118,011	£1,226	28
2002	£85,019	£987	18
2001	£81,364	£829	18
2000	£61,206	£615	25
1999	£56,993	£765	22
1998	£59,764	£728	21
1997	£57,037	£560	23
1996	£53,151	£562	19
1995	£51,174	£661	17

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£177,500		2
2023	£149,333	£2,803	3
2022	£147,950	£2,653	10
2021	£90,875	£1,616	8
2020	£103,875	£1,802	4
2019	£109,125	£1,920	8
2018	£117,000	£1,891	3
2017	£129,000	£2,008	7
2016	£128,786	£2,103	7
2015	£133,500	£2,363	6
2014	£112,167	£2,776	3
2013	£124,062	£2,395	8
2012	£129,500	£2,272	1
2011	£101,583	£2,013	6
2010	£135,438	£2,439	8
2009	£98,750	£1,638	2
2008	£119,375	£2,594	4
2007	£138,828	£2,193	9
2006	£117,417	£2,025	6
2005	£110,667	£2,261	6
2004	£115,750	£2,057	14
2003	£102,586	£1,506	7
2002	£67,000	£1,464	9
2001	£61,181	£1,072	13
2000	£50,531	£1,066	8
1999	£48,999	£981	6
1998	£50,875	£870	4
1997	£36,983	£708	6
1996	£51,725	£857	6
1995	£32,360	£687	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,568	£2,053	11
2023	£185,818	£1,900	22
2022	£150,850	£1,964	14
2021	£132,856	£1,689	35
2020	£154,306	£1,809	24
2019	£127,125	£1,629	20
2018	£144,654	£1,735	26
2017	£132,328	£1,627	25
2016	£132,225	£1,523	25
2015	£135,120	£1,600	27
2014	£142,293	£1,708	22
2013	£116,422	£1,539	20
2012	£117,156	£1,395	8
2011	£125,709	£1,548	15
2010	£131,868	£1,587	15
2009	£119,357	£1,379	7
2008	£162,395	£1,621	10
2007	£147,180	£1,847	22
2006	£139,708	£1,591	37
2005	£122,053	£1,402	18
2004	£126,564	£1,636	22
2003	£95,687	£1,245	33
2002	£72,969	£777	26
2001	£58,625	£731	28
2000	£47,696	£615	24
1999	£48,539	£595	16
1998	£44,485	£564	17
1997	£47,650	£512	22
1996	£43,587	£651	19
1995	£41,773	£617	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£166,667	£2,826	3
2021	£239,500	£1,916	3
2020	£615,000		1
2019	£179,350	£1,065	4
2018	£25,000		1
2017	£55,782	£25	2
2015	£150,000		1

House Type in NE61 2LZ area

The most common house types in the NE61 2LZ 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 2LZ 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