Housing Market Analysis for MILL FARM, NE61 5BW

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

Overview of Sold House prices

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

Detached
- The average price is around £239,240 median price is £248,950 Standard Deviation is £102,014 with Total Sold: 46
- The Last 5 Year average price is £386,421 with Total Sold: 7
- The most recent sale happened at this postcode is 26 MILL FARM: £365,000 (Sold on 26 Oct 2023)
- The first recorded sale happened at this postcode is 35 MILL FARM: £87,250 (Sold on 07 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 5BW 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£416,650	£3,306	3
2022	£350,000	£3,125	1
2021	£337,500	£2,840	2
2020	£430,000	£2,216	1
2018	£269,000	£2,583	2
2017	£274,375	£2,225	4
2016	£276,500	£2,349	2
2015	£278,975	£2,283	2
2014	£292,500	£1,604	2
2013	£225,000	£2,296	1
2012	£240,000	£1,636	1
2009	£235,000	£2,755	1
2007	£292,500	£2,709	2
2006	£264,983	£2,588	3
2005	£280,000	£1,800	3
2004	£249,950	£2,930	1
2003	£233,750	£1,671	2
2000	£114,600	£800	5
1999	£119,000	£838	1
1998	£112,000		1
1997	£95,500	£1,162	2
1996	£83,000	£976	3
1995	£87,250	£450	1

All the Sales in the MILL FARM, NE61 5BW

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

Address	Sold Date	Price	% Change
26 MILL FARMDetached, FreeholdArea: 85 Sq.mtrAge: 1983-1990	26 Oct 2023	£365,000	43.14%
26 MILL FARMDetached, FreeholdArea: 85 Sq.mtrAge: 1983-1990	22 Sep 2017	£255,000	First Sale
35 MILL FARMDetached, FreeholdArea: 194 Sq.mtrAge: 1983-1990	28 Apr 2023	£485,000	12.79%
	11 Dec 2020	£430,000	62.26%
	16 Jun 2017	£265,000	1.92%
	14 Apr 2014	£260,000	-5.45%
	09 May 2005	£275,000	215.19%
	07 Jun 1995	£87,250	First Sale
25 MILL FARMDetached, FreeholdArea: 128 Sq.mtrAge: 1983-1990	16 Mar 2023	£399,950	29.02%
	06 Sep 2006	£310,000	First Sale
7 MILL FARMDetached, FreeholdArea: 112 Sq.mtrAge: 1983-1990	27 May 2022	£350,000	First Sale
19 MILL FARMDetached, FreeholdArea: 74 Sq.mtrAge: 1983-1990	01 Oct 2021	£255,000	196.51%
19 MILL FARMDetached, FreeholdArea: 74 Sq.mtrAge: 1983-1990	09 May 1997	£86,000	First Sale
38 MILL FARMDetached, FreeholdArea: 188 Sq.mtrAge: 1983-1990	24 Jun 2021	£420,000	35.48%
	10 Aug 2015	£310,000	181.82%
	16 Oct 2000	£110,000	First Sale
18 MILL FARMDetached, FreeholdArea: 86 Sq.mtrAge: 1991-1995	01 Aug 2018	£243,000	First Sale
12 MILL FARMDetached, FreeholdArea: 126 Sq.mtrAge: 1983-1990	09 Mar 2018	£295,000	First Sale
10 MILL FARMDetached, FreeholdArea: 122 Sq.mtrAge: 1991-1995	22 Aug 2017	£247,500	First Sale
39 MILL FARMDetached, FreeholdArea: 131.63 Sq.mtrAge: 1983-1990	02 Aug 2017	£330,000	147.19%
	06 Mar 2000	£133,500	First Sale
15 MILL FARMDetached, FreeholdArea: 98 Sq.mtrAge: 1996-2002	28 Oct 2016	£290,000	28.89%
15 MILL FARMDetached, FreeholdArea: 98 Sq.mtrAge: 1996-2002	05 Dec 2013	£225,000	First Sale
22 MILL FARMDetached, FreeholdArea: 151.18 Sq.mtrAge: 1983-1990	12 Aug 2016	£263,000	First Sale
17 MILL FARMDetached, FreeholdArea: 85 Sq.mtrAge: 1983-1990	04 Dec 2015	£247,950	-9.84%
	27 Jul 2007	£275,000	231.33%
	22 Nov 1996	£83,000	First Sale
21 MILL FARMDetached, FreeholdArea: 174 Sq.mtrAge: 1976-1982	18 Nov 2014	£325,000	First Sale
4 MILL FARMDetached, FreeholdArea: 146.66 Sq.mtrAge: 1983-1990	21 Nov 2012	£240,000	-25.00%
	25 Nov 2005	£320,000	30.61%
	24 Sep 2003	£245,000	First Sale
31 MILL FARMDetached, FreeholdArea: 85.31 Sq.mtrAge: 1983-1990	19 Nov 2009	£235,000	0.0
	20 Oct 2006	£235,000	-5.98%
	26 Nov 2004	£249,950	First Sale
8 MILL FARMDetached, FreeholdArea: 142 Sq.mtrAge: 1991-1995	04 May 2007	£310,000	160.50%
8 MILL FARMDetached, FreeholdArea: 142 Sq.mtrAge: 1991-1995	26 Nov 1999	£119,000	First Sale
14 MILL FARMDetached, Freehold	21 Apr 2006	£249,950	2.02%
	18 Oct 2005	£245,000	195.18%
	23 Dec 1996	£83,000	First Sale
3 MILL FARMDetached, Freehold	26 Sep 2003	£222,500	128.21%
3 MILL FARMDetached, Freehold	03 Aug 2000	£97,500	First Sale
1 MILL FARMDetached, Freehold	14 Jul 2000	£117,500	11.90%
1 MILL FARMDetached, Freehold	22 Aug 1997	£105,000	First Sale
33 MILL FARMDetached, Freehold	07 Feb 2000	£114,500	First Sale
36 MILL FARMDetached, Freehold	16 Nov 1998	£112,000	First Sale
5 MILL FARMDetached, Freehold	05 Jul 1996	£83,000	First Sale

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

MILL FARM, NE61 5BW Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £137,378 median price is £128,750 Standard Deviation is £88,085 with Total Sold: 100
- The Last 5 Year average price is £200,741 with Total Sold: 22
- The most recent sale happened at this postcode is , 2 RAVENSWORTH GARDENS: £143,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 7 CRESSWELL ROAD: £40,000 (Sold on 19 Jan 1995)
Terraced
- The average price is around £142,962 median price is £135,000 Standard Deviation is £80,419 with Total Sold: 26
- The Last 5 Year average price is £161,928 with Total Sold: 9
- The most recent sale happened at this postcode is , 2 LOW FARM COTTAGES: £165,000 (Sold on 15 Feb 2024)
- The first recorded sale happened at this postcode is , SOUTH VIEW : £130,000 (Sold on 20 Apr 1998)
Detached
- The average price is around £195,423 median price is £180,975 Standard Deviation is £95,154 with Total Sold: 246
- The Last 5 Year average price is £339,017 with Total Sold: 29
- The most recent sale happened at this postcode is , 3 WOODSIDE WAY: £207,500 (Sold on 08 Dec 2023)
- The first recorded sale happened at this postcode is , 35 MILL FARM: £87,250 (Sold on 07 Jun 1995)
Other
- The average price is around £180,708 median price is £180,950 Standard Deviation is £42,190 with Total Sold: 6
- The Last 5 Year average price is £202,117 with Total Sold: 3
- The most recent sale happened at this postcode is , 16 WOODSIDE WAY: £165,450 (Sold on 09 Sep 2019)
- The first recorded sale happened at this postcode is , 1 WOODSIDE WAY: £179,950 (Sold on 31 Jan 2018)
Flat
- The average price is around £65,000 median price is £65,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is , 3 FRONT STREET: £65,000 (Sold on 18 Sep 2008)
- The first recorded sale happened at this postcode is , 3 FRONT STREET: £65,000 (Sold on 18 Sep 2008)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£143,000		1
2023	£281,988	£1,864	4
2022	£217,229	£1,948	5
2021	£166,000	£2,239	3
2020	£194,475	£1,672	2
2019	£167,464	£1,842	7
2018	£118,838	£1,871	4
2017	£118,500		2
2016	£124,333	£1,450	3
2015	£148,500	£1,706	2
2014	£242,400	£1,300	5
2013	£162,500	£2,178	2
2011	£137,333	£1,625	3
2010	£230,000	£1,864	2
2008	£127,500	£1,436	1
2007	£189,833	£2,170	6
2006	£167,000	£1,543	6
2004	£212,942	£2,276	3
2003	£112,333	£1,283	3
2002	£83,250	£1,202	4
2001	£95,000	£1,066	5
2000	£84,600	£579	4
1999	£56,750	£635	2
1998	£50,875	£356	4
1997	£51,625	£572	8
1996	£41,167	£620	3
1995	£47,658	£667	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000	£1,854	1
2022	£184,000	£2,255	2
2021	£152,500	£1,981	1
2020	£120,000	£2,046	1
2019	£162,962	£1,965	4
2016	£94,399	£1,049	1
2015	£70,500	£1,202	1
2014	£285,000	£1,781	1
2012	£129,750	£1,619	4
2008	£135,000	£1,517	1
2006	£430,000	£5,972	1
2005	£85,000	£1,373	2
2003	£77,500	£765	2
2002	£27,769		1
2001	£121,500	£968	2
1998	£130,000	£699	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£319,636	£2,689	7
2022	£383,179	£2,745	7
2021	£365,714	£2,260	7
2020	£322,333	£2,313	3
2019	£276,960	£1,958	5
2018	£214,479	£2,064	12
2017	£264,062	£2,116	8
2016	£277,000	£1,756	6
2015	£269,640	£2,116	5
2014	£249,861	£1,792	9
2013	£199,707	£2,212	7
2012	£235,624	£2,124	8
2010	£214,167	£1,847	3
2009	£210,667	£2,572	3
2008	£238,650	£1,598	5
2007	£258,944	£2,323	9
2006	£239,723	£1,974	15
2005	£248,828	£1,654	9
2004	£219,988	£2,236	4
2003	£201,745	£1,500	10
2002	£137,412	£1,138	17
2001	£118,804	£1,266	16
2000	£115,108	£845	24
1999	£113,337	£876	15
1998	£98,926	£973	14
1997	£85,786	£824	7
1996	£68,572	£578	9
1995	£90,625	£604	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£202,117	£1,875	3
2018	£159,298	£1,833	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£65,000		1

House Type in NE61 5BW area

The most common house types in the NE61 5BW postcode area are Detached (113), Semi-detached (15), and Terraced (10).

Total	140
Detached	113
Semi-detached	15
Terraced	10
commercial building	1
temporary structure	1
Flat	0
Shared house	0
converted building	0

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 (33).

Owned: Owns outright	91
Owned: Owns with a mortgage or loan	33
Private rented: Private landlord or letting agency	12
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NE61 5BW have 2 people in household (85), and 1 person in household (28).

2 people in household	85
1 person in household	28
3 people in household	16
4 people in household	5
5 people in household	2
6 people in household	2
7 people in household	2
0 people in household	0
8 or more people in household	0