Housing Market Analysis for OLD SCHOOL CLOSE, NE61 5AP

Are you looking to understand NE61 5AP 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 5AP area, explore the NE61 5AP Area information page.
For comprehensive crime statistics in the NE61 5AP area, explore the NE61 5AP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE61 5AP postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £118,380 median price is £93,500 Standard Deviation is £38,579 with Total Sold: 22
    • The Last 5 Year average price is £142,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 OLD SCHOOL CLOSE: £85,000 (Sold on 01 Feb 2023)
    • The first recorded sale happened at this postcode is 8 OLD SCHOOL CLOSE: £200,000 (Sold on 08 Dec 2023)
  • Terraced
    • The average price is around £90,812 median price is £89,250 Standard Deviation is £16,581 with Total Sold: 4
    • The most recent sale happened at this postcode is 5 OLD SCHOOL CLOSE: £83,500 (Sold on 12 Jun 2014)
    • The first recorded sale happened at this postcode is 7 OLD SCHOOL CLOSE: £69,750 (Sold on 30 Nov 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 5AP 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
2023£142,500 £1,357 2
2017£88,475 £1,282 2
2013£87,500 £1,761 1
2012£98,000 £1,852 1
2008£124,950 £2,358 1
2007£133,300 £1,805 5
2006£90,000 £1,812 1
2005£144,600 £1,534 5
2004£88,112 £1,693 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£83,500 £1,575 1
2007£95,000 £1,792 1
2005£115,000 £2,170 1
2004£69,750 £1,318 1

All the Sales in the OLD SCHOOL CLOSE, NE61 5AP

See the table below for more details on the sold house prices in the NE61 5AP, Northumberland postcode.

AddressSold DatePrice% Change
8 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1983-199001 Feb 2023£85,000-43.33%
25 May 2005£150,000-25.00%
08 Dec 2023£200,000First Sale
2 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 51.15 Sq.mtrAge: 2003-200620 Oct 2017£89,950-4.31%
16 Mar 2007£94,000-14.55%
16 Feb 2007£110,00022.29%
16 Sep 2004£89,950First Sale
9 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 108 Sq.mtrAge: 1983-199010 Mar 2017£87,000-42.00%
25 May 2005£150,000First Sale
5 OLD SCHOOL CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 1983-199012 Jun 2014£83,500-33.17%
18 Jan 2008£124,95037.31%
17 Sep 2004£91,000First Sale
6 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 49.68 Sq.mtrAge: 2003-200620 Feb 2013£87,500-2.78%
07 Apr 2006£90,000-1.69%
16 Sep 2004£91,550First Sale
7 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 52.92 Sq.mtrAge: 2003-200612 Oct 2012£98,00040.50%
30 Nov 2004£69,750First Sale
4 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1996-200224 Aug 2007£92,50015.70%
26 Nov 2004£79,950First Sale
10 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 106.7 Sq.mtrAge: 2003-200605 Jun 2007£185,00012.12%
23 Dec 2005£165,000First Sale
3 OLD SCHOOL CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 2003-200605 Jun 2007£95,000-17.39%
16 Sep 2005£115,000First Sale
11 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 114 Sq.mtrAge: 2003-200605 Jun 2007£185,00012.12%
23 Dec 2005£165,000First Sale
1 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 50 Sq.mtrAge: 2003-200626 Aug 2005£93,000First Sale

Check out the sold house prices near the NE61 5AP postcode. Properties currently for saleProperties currently for rent

OLD SCHOOL CLOSE, NE61 5AP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE61 5AP 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 5AP postcode.

  • Terraced
    • The average price is around £81,069 median price is £70,000 Standard Deviation is £61,272 with Total Sold: 93
    • The Last 5 Year average price is £134,875 with Total Sold: 12
    • The most recent sale happened at this postcode is , 33 SWARLAND TERRACE: £138,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 77 SWARLAND TERRACE: £23,000 (Sold on 27 Dec 1995)
  • Semi-Detached
    • The average price is around £125,525 median price is £125,000 Standard Deviation is £39,962 with Total Sold: 75
    • The Last 5 Year average price is £140,312 with Total Sold: 12
    • The most recent sale happened at this postcode is , 8 OLD SCHOOL CLOSE: £200,000 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is , WILLOW HOUSE MAIN STREET: £48,000 (Sold on 28 Jun 1995)
  • Detached
    • The average price is around £207,629 median price is £187,500 Standard Deviation is £113,861 with Total Sold: 49
    • The Last 5 Year average price is £346,666 with Total Sold: 9
    • The most recent sale happened at this postcode is , CROFT HOUSE : £525,000 (Sold on 01 Nov 2023)
    • The first recorded sale happened at this postcode is , BEDE HOUSE MAIN STREET: £54,000 (Sold on 12 Apr 1995)
  • Flat
    • The average price is around £45,803 median price is £46,250 Standard Deviation is £22,506 with Total Sold: 18
    • The Last 5 Year average price is £53,833 with Total Sold: 3
    • The most recent sale happened at this postcode is , 11A MARKET PLACE: £30,000 (Sold on 11 Aug 2023)
    • The first recorded sale happened at this postcode is , 13 MARKET PLACE: £28,500 (Sold on 27 Mar 1995)
  • Other
    • The average price is around £177,492 median price is £125,000 Standard Deviation is £178,902 with Total Sold: 6
    • The Last 5 Year average price is £340,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , SMALLYS BAR MAIN STREET: £125,000 (Sold on 20 Jun 2022)
    • The first recorded sale happened at this postcode is , LEYLEN HOUSE MAIN STREET: £30,000 (Sold on 10 Nov 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£138,0001
2023£177,000 £2,059 2
2022£105,875 £963 4
2021£140,600 £1,469 5
2019£75,000 £954 2
2018£119,375 £1,366 4
2017£136,333 £1,304 3
2016£73,000 £804 4
2015£104,000 £863 3
2014£114,500 £1,827 3
2013£60,000 £732 1
2012£232,500 £1,944 1
2011£49,000 £344 2
2010£115,875 £904 4
2008£75,750 £1,049 4
2007£130,500 £1,405 4
2006£75,700 £1,052 5
2005£80,825 £954 6
2004£64,567 £918 3
2003£50,643 £500 7
2002£31,738 £400 4
2001£41,700 £506 5
2000£32,312 £373 4
1999£18,250 £164 2
1998£40,000 £423 2
1997£40,500 £661 2
1996£32,220 £313 5
1995£23,000 £311 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£116,667 £1,347 3
2022£190,0001
2021£152,438 £1,824 4
2020£133,500 £1,671 4
2019£144,250 £1,952 4
2018£120,000 £1,351 1
2017£122,993 £1,553 7
2016£153,833 £1,589 3
2015£173,000 £1,331 1
2014£95,000 £1,069 1
2013£115,833 £1,343 3
2012£104,333 £1,476 3
2011£141,000 £1,604 2
2010£131,0005
2009£175,000 £2,083 1
2008£106,875 £1,701 2
2007£145,929 £2,006 7
2006£129,700 £1,677 5
2005£144,600 £1,534 5
2004£102,658 £1,693 6
2003£125,0001
2002£92,5001
1998£45,317 £443 3
1996£46,500 £479 1
1995£48,000 £466 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£372,500 £2,591 2
2021£491,666 £2,290 3
2020£225,000 £1,701 4
2019£249,950 £774 1
2017£240,612 £1,901 4
2016£194,890 £1,243 5
2015£181,225 £1,621 2
2014£193,500 £1,544 2
2013£95,0001
2012£185,000 £685 1
2011£145,875 £950 4
2010£138,0001
2009£190,000 £2,235 1
2008£211,000 £1,993 3
2007£180,000 £2,118 1
2005£155,000 £816 1
2004£208,750 £1,399 4
2003£164,000 £1,525 3
2002£134,000 £1,145 3
2000£87,500 £675 2
1995£54,000 £297 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£53,833 £844 3
2019£38,500 £527 2
2016£89,950 £1,038 1
2013£60,000 £693 1
2012£72,000 £1,229 1
2010£57,500 £889 2
2007£73,500 £1,131 1
2006£17,000 £378 1
2004£47,500 £731 1
2003£22,167 £358 3
1995£22,250 £359 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£125,0001
2021£555,000 £2,110 1
2018£77,500 £108 2
2017£199,950 £2,298 1
2016£30,0001

House Type in NE61 5AP area

The most common house types in the NE61 5AP postcode area are Terraced (55), Semi-detached (51), and Detached (37).

Total152
Terraced55
Semi-detached51
Detached37
Shared house5
Flat4
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright62
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency20
Social rented: Other social rented14
Private rented: Other private rented11
Social rented: Rents from council or Local Authority5
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE61 5AP have 2 people in household (62), and 1 person in household (48).

2 people in household62
1 person in household48
3 people in household23
4 people in household15
5 people in household1
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0