Housing Market Analysis for NE61 5LA

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £196,312 median price is £192,500 Standard Deviation is £136,285 with Total Sold: 8
    • The Last 5 Year average price is £307,500 with Total Sold: 2
    • The most recent sale happened at this postcode is COQUET HOUSE: £475,000 (Sold on 10 Nov 2022)
    • The first recorded sale happened at this postcode is WAVECREST: £53,500 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 5LA 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
2022£475,000 £3,797 1
2021£140,0001
2015£260,000 £2,078 1
2014£270,000 £1,467 1
2007£245,000 £1,713 1
1998£74,000 £402 1
1995£53,250 £357 2

All the Sales in the NE61 5LA

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

AddressSold DatePrice% Change
COQUET HOUSETerraced, FreeholdArea: 125.11 Sq.mtrAge: 1930-194910 Nov 2022£475,00082.69%
21 Aug 2015£260,000390.57%
22 Dec 1995£53,000First Sale
SEA VIEWTerraced, Freehold26 Mar 2021£140,000First Sale
WAVECRESTTerraced, FreeholdArea: 184 Sq.mtrAge: 1930-194928 Feb 2014£270,000264.86%
12 Mar 1998£74,00038.32%
30 Jun 1995£53,500First Sale
CRESSWELL HOUSETerraced, FreeholdArea: 143 Sq.mtrAge: 1930-194903 Jul 2007£245,000First Sale

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

NE61 5LA Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £195,716 median price is £200,000 Standard Deviation is £99,038 with Total Sold: 19
    • The Last 5 Year average price is £252,017 with Total Sold: 6
    • The most recent sale happened at this postcode is , 6 SOUTH SIDE: £249,950 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , WAVECREST : £53,500 (Sold on 30 Jun 1995)
  • Detached
    • The average price is around £328,499 median price is £250,000 Standard Deviation is £228,767 with Total Sold: 37
    • The Last 5 Year average price is £655,500 with Total Sold: 6
    • The most recent sale happened at this postcode is , MANOR HOUSE : £1,250,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 4 ST BARTHOLOMEWS CLOSE: £60,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £3,481,559 median price is £3,481,559 Standard Deviation is £2,326,559 with Total Sold: 2
    • The Last 5 Year average price is £3,481,559 with Total Sold: 2
    • The most recent sale happened at this postcode is , CRESSWELL TOWERS HOLIDAY PARK : £5,808,118 (Sold on 27 Jul 2023)
    • The first recorded sale happened at this postcode is , PANHAGGERTY : £1,155,000 (Sold on 25 Apr 2023)
  • Semi-Detached
    • The average price is around £118,632 median price is £83,000 Standard Deviation is £57,186 with Total Sold: 8
    • The most recent sale happened at this postcode is , 5 ST BARTHOLOMEWS CLOSE: £215,000 (Sold on 04 Dec 2009)
    • The first recorded sale happened at this postcode is , 7 ST BARTHOLOMEWS CLOSE: £72,000 (Sold on 05 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£249,9501
2023£199,0001
2022£475,000 £3,797 1
2021£140,0001
2020£224,075 £1,347 2
2015£242,500 £2,053 2
2014£215,500 £1,500 2
2012£190,000 £2,050 1
2010£270,000 £1,462 1
2009£182,5002
2007£245,000 £1,713 1
1998£74,000 £402 1
1995£48,833 £388 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£952,500 £3,888 2
2021£481,000 £3,785 3
2020£585,000 £2,276 1
2018£432,500 £2,447 2
2017£465,000 £3,073 2
2016£220,000 £2,340 1
2015£388,125 £2,097 4
2013£220,000 £1,913 1
2012£507,450 £1,975 1
2010£300,000 £2,513 2
2008£325,000 £1,672 3
2006£170,000 £1,101 1
2005£350,0001
2004£236,000 £3,088 2
2003£97,5002
2002£170,000 £811 2
2001£100,0001
2000£185,000 £752 1
1999£105,000 £409 1
1998£132,250 £592 2
1997£110,000 £397 1
1995£60,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£3,481,559 £4,081 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£215,0001
2006£179,9501
2003£177,0001
1999£74,8012
1997£77,750 £824 2
1995£72,0001

House Type in NE61 5LA area

The most common house types in the NE61 5LA postcode area are Detached (51), Terraced (28), and Semi-detached (23).

Total104
Detached51
Terraced28
Semi-detached23
Shared house1
temporary structure1
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (21).

Owned: Owns outright57
Owned: Owns with a mortgage or loan21
Private rented: Private landlord or letting agency15
Social rented: Other social rented4
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE61 5LA have 2 people in household (54), and 1 person in household (27).

2 people in household54
1 person in household27
3 people in household8
4 people in household8
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0