Housing Market Analysis for OAK PLACE, NE61 3FB

Are you looking to understand NE61 3FB 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 3FB area, explore the NE61 3FB Area information page.
For comprehensive crime statistics in the NE61 3FB area, explore the NE61 3FB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE61 3FB postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £98,833 median price is £100,000 Standard Deviation is £17,704 with Total Sold: 6
    • The Last 5 Year average price is £98,833 with Total Sold: 6
    • The most recent sale happened at this postcode is 5 OAK PLACE: £100,000 (Sold on 22 Jun 2020)
    • The first recorded sale happened at this postcode is 4 OAK PLACE: £80,000 (Sold on 26 Mar 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 3FB 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£98,833 £1,174 6

All the Sales in the OAK PLACE, NE61 3FB

See the table below for more details on the sold house prices in the NE61 3FB, Northumberland postcode.

AddressSold DatePrice% Change
5 OAK PLACESemi-Detached, FreeholdArea: 93 Sq.mtr22 Jun 2020£100,000First Sale
6 OAK PLACESemi-Detached, FreeholdArea: 93 Sq.mtr03 Apr 2020£132,997First Sale
1 OAK PLACESemi-Detached, FreeholdArea: 93 Sq.mtr26 Mar 2020£100,000First Sale
2 OAK PLACESemi-Detached, FreeholdArea: 93 Sq.mtr26 Mar 2020£100,000First Sale
3 OAK PLACESemi-Detached, FreeholdArea: 67 Sq.mtr26 Mar 2020£80,000First Sale
4 OAK PLACESemi-Detached, FreeholdArea: 67 Sq.mtr26 Mar 2020£80,000First Sale

Check out the sold house prices near the NE61 3FB postcode. Properties currently for saleProperties currently for rent

OAK PLACE, NE61 3FB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE61 3FB 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 3FB postcode.

  • Detached
    • The average price is around £315,059 median price is £289,972 Standard Deviation is £114,210 with Total Sold: 294
    • The Last 5 Year average price is £316,970 with Total Sold: 171
    • The most recent sale happened at this postcode is , GAYTON VILLE FAIRMOOR: £505,000 (Sold on 25 Sep 2024)
    • The first recorded sale happened at this postcode is , TERWEN GRANGE FAIRMOOR: £200,000 (Sold on 23 Mar 1995)
  • Semi-Detached
    • The average price is around £152,364 median price is £156,351 Standard Deviation is £48,066 with Total Sold: 106
    • The Last 5 Year average price is £162,042 with Total Sold: 60
    • The most recent sale happened at this postcode is , 15 GERANIUM DRIVE: £168,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 WEST VIEW: £79,950 (Sold on 11 Aug 2000)
  • Terraced
    • The average price is around £122,342 median price is £112,462 Standard Deviation is £43,043 with Total Sold: 75
    • The Last 5 Year average price is £132,559 with Total Sold: 44
    • The most recent sale happened at this postcode is , 10 WEST VIEW: £230,000 (Sold on 12 Jan 2024)
    • The first recorded sale happened at this postcode is , 6 WEST VIEW: £20,650 (Sold on 15 Jan 1997)
  • Other
    • The average price is around £3,296,603 median price is £3,296,603 Standard Deviation is £2,616,603 with Total Sold: 2
    • The most recent sale happened at this postcode is , NORTHGATE HOSPITAL : £5,913,206 (Sold on 27 Mar 2017)
    • The first recorded sale happened at this postcode is , BRIARBEA FAIRMOOR: £680,000 (Sold on 08 Nov 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£436,0002
2023£391,993 £3,087 22
2022£360,967 £2,798 18
2021£280,584 £2,522 57
2020£288,252 £2,395 35
2019£327,745 £2,364 37
2018£306,248 £2,487 32
2017£339,850 £2,495 32
2016£341,250 £2,495 28
2013£383,750 £2,228 4
2010£437,500 £2,508 2
2009£485,000 £2,604 1
2007£347,000 £1,779 2
2006£188,5002
2005£245,0001
2004£375,000 £1,250 1
2003£268,333 £995 3
2002£195,000 £900 3
2001£249,500 £1,085 3
1999£194,500 £1,279 2
1998£199,3333
1997£136,750 £710 2
1996£10,2901
1995£200,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£162,8893
2023£205,142 £2,199 4
2022£170,397 £2,301 7
2021£174,188 £2,157 8
2020£148,175 £1,701 14
2019£156,356 £1,906 24
2018£134,485 £1,659 23
2017£109,729 £1,318 13
2016£214,495 £2,715 3
2015£212,000 £2,078 1
2014£215,0001
2010£280,000 £1,983 1
2004£195,0001
2003£160,0001
2002£123,000 £1,206 1
2000£79,9501
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,000 £2,764 1
2022£184,819 £1,999 8
2021£125,913 £1,625 10
2020£156,452 £1,706 5
2019£104,132 £1,334 20
2018£107,261 £1,198 22
2015£207,500 £2,494 1
2013£130,000 £1,605 1
2007£153,338 £1,581 2
2006£192,0001
2000£45,000 £701 2
1997£28,575 £440 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£5,913,2061
2016£680,000 £2,753 1

House Type in NE61 3FB area

The most common house types in the NE61 3FB postcode area are Detached (82), Semi-detached (48), and Terraced (2).

Total132
Detached82
Semi-detached48
Terraced2
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (76), and Owned: Owns outright (24).

Owned: Owns with a mortgage or loan76
Owned: Owns outright24
Social rented: Other social rented14
Shared ownership: Shared ownership9
Private rented: Private landlord or letting agency6
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE61 3FB have 2 people in household (52), and 3 people in household (32).

2 people in household52
3 people in household32
4 people in household25
1 person in household17
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0