Housing Market Analysis for BANK COTTAGES, NE61 3UY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £152,792 median price is £155,000 Standard Deviation is £67,101 with Total Sold: 12
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 BANK COTTAGES: £250,000 (Sold on 18 Aug 2023)
    • The first recorded sale happened at this postcode is 1 BANK COTTAGES: £104,000 (Sold on 04 Apr 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 3UY 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£250,0001
2012£200,000 £2,564 1
2011£170,000 £3,035 1
2008£275,0001
2003£145,000 £1,218 2
2002£157,500 £2,244 2
1998£107,0001
1996£75,500 £831 3

All the Sales in the BANK COTTAGES, NE61 3UY

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

AddressSold DatePrice% Change
1 BANK COTTAGESTerraced, Freehold18 Aug 2023£250,000-9.09%
06 Mar 2008£275,00041.03%
22 Oct 2003£195,00082.24%
15 Jun 1998£107,0002.88%
04 Apr 1996£104,000First Sale
4 BANK COTTAGESTerraced, FreeholdArea: 78 Sq.mtrAge: before 190020 Jul 2012£200,000110.53%
19 Feb 2003£95,000-32.14%
15 Mar 2002£140,000First Sale
6 BANK COTTAGESTerraced, FreeholdArea: 56.02 Sq.mtrAge: before 190025 Mar 2011£170,000First Sale
5 BANK COTTAGESTerraced, FreeholdArea: 65 Sq.mtrAge: before 190007 Aug 2002£175,000224.07%
09 May 1996£54,000First Sale
7 BANK COTTAGESTerraced, Freehold13 Sep 1996£68,500First Sale

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

BANK COTTAGES, NE61 3UY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £244,326 median price is £211,250 Standard Deviation is £147,092 with Total Sold: 46
    • The Last 5 Year average price is £362,857 with Total Sold: 7
    • The most recent sale happened at this postcode is , 1 BANK COTTAGES: £250,000 (Sold on 18 Aug 2023)
    • The first recorded sale happened at this postcode is , 1 BANK COTTAGES: £104,000 (Sold on 04 Apr 1996)
  • Detached
    • The average price is around £492,345 median price is £492,500 Standard Deviation is £240,080 with Total Sold: 42
    • The Last 5 Year average price is £696,917 with Total Sold: 6
    • The most recent sale happened at this postcode is 8, MANOR HOUSE DAIRY : £830,000 (Sold on 31 Mar 2021)
    • The first recorded sale happened at this postcode is , WEST HOUSE COTTAGE : £150,000 (Sold on 27 Nov 1996)
  • Other
    • The average price is around £461,186 median price is £470,000 Standard Deviation is £253,586 with Total Sold: 6
    • The Last 5 Year average price is £461,779 with Total Sold: 4
    • The most recent sale happened at this postcode is , BERESFORD ARMS : £800,000 (Sold on 23 Dec 2020)
    • The first recorded sale happened at this postcode is LYNN LAW FARM HOUSE, LYNN LAW FARM : £550,000 (Sold on 13 Jan 2017)
  • Semi-Detached
    • The average price is around £273,409 median price is £292,500 Standard Deviation is £136,776 with Total Sold: 22
    • The Last 5 Year average price is £369,625 with Total Sold: 4
    • The most recent sale happened at this postcode is , 4 CASTLE WARD COTTAGES: £210,000 (Sold on 14 Aug 2020)
    • The first recorded sale happened at this postcode is LYNN LAW COTTAGE, LYNN LAW FARM : £82,000 (Sold on 01 Sep 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£250,0001
2022£325,000 £3,833 1
2021£386,250 £2,966 4
2020£420,000 £2,857 1
2017£372,500 £3,068 1
2016£370,0002
2015£362,500 £2,750 2
2014£187,050 £1,765 1
2013£352,873 £2,996 3
2012£301,667 £2,218 3
2011£328,333 £2,742 3
2009£322,500 £2,445 3
2008£275,0001
2007£222,500 £2,454 2
2004£180,500 £236 2
2003£141,667 £1,305 3
2002£157,500 £2,244 2
2001£85,000 £1,003 1
2000£115,0001
1999£100,613 £801 3
1998£107,0001
1997£51,000 £551 2
1996£75,500 £831 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£830,0001
2020£654,167 £2,750 3
2019£694,500 £2,922 2
2018£550,000 £2,521 3
2017£495,000 £2,004 1
2016£613,333 £2,484 3
2015£545,000 £2,485 2
2012£285,000 £2,774 1
2011£650,000 £2,485 1
2009£795,000 £3,692 2
2007£270,000 £3,176 1
2006£581,875 £2,489 4
2005£525,000 £1,144 1
2004£650,000 £2,485 1
2002£351,250 £1,606 4
2001£460,000 £1,703 2
2000£410,000 £1,568 1
1999£322,000 £1,084 5
1998£135,000 £536 1
1997£247,250 £1,010 2
1996£150,000 £508 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£800,0001
2019£349,039 £1,339 3
2018£370,000 £2,913 1
2017£550,000 £1,627 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£292,500 £2,734 2
2019£446,750 £2,425 2
2018£370,000 £2,913 1
2017£310,000 £2,441 1
2016£397,500 £2,300 3
2015£353,125 £2,503 4
2013£193,000 £1,725 2
2003£157,500 £1,521 2
2002£133,500 £1,151 1
2001£60,000 £723 1
2000£85,0001
1998£190,000 £1,180 1
1997£82,000 £564 1

House Type in NE61 3UY area

The most common house types in the NE61 3UY postcode area are Detached (106), Semi-detached (49), and Terraced (37).

Total198
Detached106
Semi-detached49
Terraced37
Flat2
Shared house1
converted building1
commercial building1
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (91), and Owned: Owns with a mortgage or loan (62).

Owned: Owns outright91
Owned: Owns with a mortgage or loan62
Private rented: Private landlord or letting agency28
Social rented: Other social rented11
Private rented: Other private rented6
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE61 3UY have 2 people in household (86), and 1 person in household (44).

2 people in household86
1 person in household44
3 people in household35
4 people in household28
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0