Housing Market Analysis for SPELVIT LANE, NE61 2RD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £115,273 median price is £120,000 Standard Deviation is £33,756 with Total Sold: 22
    • The Last 5 Year average price is £138,000 with Total Sold: 9
    • The most recent sale happened at this postcode is 24 SPELVIT LANE: £152,000 (Sold on 16 Oct 2023)
    • The first recorded sale happened at this postcode is 9 SPELVIT LANE: £160,000 (Sold on 15 Dec 2023)
  • Semi-Detached
    • The average price is around £105,333 median price is £115,000 Standard Deviation is £13,671 with Total Sold: 3
    • The most recent sale happened at this postcode is 19 SPELVIT LANE: £115,000 (Sold on 09 Oct 2006)
    • The first recorded sale happened at this postcode is 8 SPELVIT LANE: £86,000 (Sold on 27 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 2RD 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£145,333 £1,556 3
2021£120,000 £1,373 2
2020£140,333 £1,631 3
2019£145,000 £1,593 1
2017£130,000 £1,494 1
2016£139,000 £1,198 1
2012£114,000 £1,295 2
2011£115,000 £1,278 1
2010£110,000 £1,267 1
2009£131,500 £1,384 1
2008£118,500 £1,394 1
2006£120,000 £1,347 1
2002£65,000 £730 1
1999£45,000 £505 2
1997£47,000 £527 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£115,0001
2002£115,0001
1998£86,0001

All the Sales in the SPELVIT LANE, NE61 2RD

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

AddressSold DatePrice% Change
24 SPELVIT LANETerraced, FreeholdArea: 91 Sq.mtrAge: 1930-194916 Oct 2023£152,0004.83%
11 Sep 2019£145,000First Sale
33 SPELVIT LANETerraced, FreeholdArea: 86 Sq.mtrAge: 1950-196621 Apr 2023£124,000First Sale
26 SPELVIT LANETerraced, FreeholdArea: 88 Sq.mtrAge: 1950-196629 Mar 2021£120,000First Sale
17 SPELVIT LANETerraced, FreeholdArea: 86.85 Sq.mtrAge: 1950-196617 Mar 2021£120,0009.09%
24 Feb 2010£110,000First Sale
11 SPELVIT LANETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-196623 Oct 2020£159,00039.47%
28 Sep 2012£114,000First Sale
9 SPELVIT LANETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-197520 Mar 2020£139,000-13.12%
15 Dec 2023£160,000First Sale
15 SPELVIT LANETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-196610 Jan 2020£123,000First Sale
31 SPELVIT LANETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-196614 Feb 2017£130,000First Sale
28 SPELVIT LANETerraced, FreeholdArea: 116 Sq.mtrAge: 1967-197516 Dec 2016£139,000First Sale
32 SPELVIT LANETerraced, FreeholdArea: 89.1 Sq.mtrAge: 1950-196625 May 2012£114,000-5.00%
17 Feb 2006£120,00084.62%
03 May 2002£65,00051.16%
02 Jul 1999£43,000-8.51%
01 Jul 1999£47,0000.0
21 Feb 1997£47,000First Sale
16 SPELVIT LANETerraced, FreeholdArea: 90 Sq.mtrAge: 1950-196624 Oct 2011£115,000First Sale
27 SPELVIT LANETerraced, FreeholdArea: 95 Sq.mtrAge: 1950-196620 May 2009£131,50010.97%
07 Oct 2008£118,500First Sale
19 SPELVIT LANESemi-Detached, Freehold09 Oct 2006£115,000First Sale
8 SPELVIT LANESemi-Detached, Freehold05 Feb 2002£115,00033.72%
27 Jul 1998£86,000First Sale

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

SPELVIT LANE, NE61 2RD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £144,279 median price is £145,000 Standard Deviation is £63,096 with Total Sold: 737
    • The Last 5 Year average price is £196,422 with Total Sold: 130
    • 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)
  • Terraced
    • The average price is around £102,162 median price is £110,000 Standard Deviation is £42,638 with Total Sold: 382
    • The Last 5 Year average price is £137,768 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 , 30 ST MARYS FIELD: £38,500 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £236,657 median price is £230,000 Standard Deviation is £112,275 with Total Sold: 255
    • The Last 5 Year average price is £345,815 with Total Sold: 46
    • 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 , 49 ABBEY MEADOWS: £60,000 (Sold on 10 Apr 1995)
  • Flat
    • The average price is around £103,164 median price is £102,000 Standard Deviation is £50,658 with Total Sold: 33
    • The Last 5 Year average price is £102,733 with Total Sold: 12
    • The most recent sale happened at this postcode is , 32 CHURCH WALK: £112,000 (Sold on 02 Dec 2022)
    • The first recorded sale happened at this postcode is , 35 WEST PARK: £18,750 (Sold on 04 Dec 1996)
  • Other
    • The average price is around £97,214 median price is £78,000 Standard Deviation is £91,646 with Total Sold: 7
    • The Last 5 Year average price is £88,417 with Total Sold: 6
    • 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 , 85A ST MARYS FIELD: £150,000 (Sold on 27 Mar 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,409 £2,828 11
2023£202,598 £2,300 23
2022£197,153 £2,593 19
2021£194,479 £2,335 39
2020£198,461 £2,355 14
2019£178,604 £2,182 24
2018£175,255 £1,962 29
2017£173,269 £1,894 36
2016£158,710 £1,915 21
2015£172,087 £1,946 28
2014£162,723 £2,015 26
2013£163,392 £1,719 26
2012£166,252 £1,759 22
2011£165,943 £1,774 23
2010£162,198 £1,806 25
2009£157,122 £1,698 20
2008£178,893 £1,781 23
2007£155,483 £1,779 40
2006£158,597 £1,897 39
2005£155,250 £1,818 22
2004£149,085 £1,778 26
2003£110,883 £1,260 23
2002£95,454 £972 25
2001£73,920 £777 25
2000£63,441 £647 23
1999£61,876 £816 19
1998£61,160 £725 24
1997£57,324 £547 20
1996£54,585 £563 22
1995£56,548 £684 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£163,1673
2023£158,333 £1,921 15
2022£137,217 £1,829 9
2021£123,064 £1,609 23
2020£140,706 £1,741 17
2019£130,730 £1,588 13
2018£116,232 £1,571 14
2017£123,533 £1,538 15
2016£125,038 £1,528 13
2015£120,716 £1,493 22
2014£120,104 £1,474 14
2013£114,278 £1,450 16
2012£113,464 £1,325 7
2011£104,298 £1,215 9
2010£135,571 £1,624 7
2009£115,786 £1,303 7
2008£129,661 £1,559 9
2007£126,077 £1,711 13
2006£117,358 £1,539 18
2005£105,950 £1,254 11
2004£107,400 £1,393 11
2003£78,366 £980 20
2002£52,762 £695 16
2001£50,571 £684 21
2000£44,900 £551 14
1999£43,558 £535 10
1998£41,883 £520 9
1997£38,772 £479 9
1996£41,646 £486 13
1995£42,625 £660 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£412,4624
2023£374,279 £3,471 7
2022£376,106 £3,095 9
2021£304,208 £2,246 6
2020£298,731 £2,706 13
2019£363,426 £2,342 7
2018£342,918 £2,649 19
2017£322,471 £2,807 9
2016£226,431 £2,446 8
2015£252,304 £2,374 13
2014£238,877 £2,274 13
2013£204,382 £2,074 8
2012£228,661 £2,024 9
2011£263,000 £2,346 5
2010£250,071 £2,279 7
2009£259,000 £2,274 4
2008£278,000 £2,126 4
2007£281,994 £2,844 9
2006£286,850 £1,827 7
2005£231,038 £1,980 5
2004£216,864 £1,873 11
2003£220,0008
2002£148,200 £1,577 10
2001£135,438 £912 8
2000£119,693 £797 8
1999£113,208 £1,045 12
1998£156,400 £1,074 5
1997£83,738 £862 8
1996£82,833 £794 9
1995£99,361 £687 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£112,000 £1,191 1
2021£134,500 £2,006 3
2020£96,0002
2019£87,550 £1,293 6
2018£141,875 £2,081 9
2017£175,000 £2,500 1
2016£62,500 £1,225 1
2011£56,000 £962 1
2007£120,000 £2,367 2
2006£82,000 £1,519 1
2005£133,5001
2002£25,0002
2001£37,000 £725 1
1998£40,0001
1996£18,750 £368 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£205,000 £2,826 2
2021£78,000 £1,592 1
2020£20,500 £284 2
2019£1,500 £25 1
2017£150,000 £2,280 1

House Type in NE61 2RD area

The most common house types in the NE61 2RD postcode area are Semi-detached (89), Terraced (29), and Detached (9).

Total128
Semi-detached89
Terraced29
Detached9
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright80
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency6
Social rented: Other social rented4
Social rented: Rents from council or Local Authority3
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE61 2RD have 2 people in household (52), and 1 person in household (49).

2 people in household52
1 person in household49
3 people in household14
4 people in household13
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0