Housing Market Analysis for GRANGEWOOD, NE61 5PL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £213,510 median price is £210,000 Standard Deviation is £54,319 with Total Sold: 26
    • The Last 5 Year average price is £315,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 14 GRANGEWOOD: £320,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is 14 GRANGEWOOD: £145,000 (Sold on 31 Jan 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 5PL 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£320,0001
2023£360,000 £2,628 1
2022£300,000 £2,804 1
2021£280,000 £1,547 1
2018£257,500 £1,880 1
2017£231,250 £1,484 2
2014£215,000 £1,667 1
2012£229,500 £1,160 1
2007£218,0001
2006£222,500 £1,727 3
2004£186,357 £1,382 7
2003£156,125 £1,088 6

All the Sales in the GRANGEWOOD, NE61 5PL

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

AddressSold DatePrice% Change
14 GRANGEWOODDetached, Freehold30 Aug 2024£320,00050.59%
24 Nov 2017£212,50046.55%
31 Jan 2003£145,000First Sale
8 GRANGEWOODDetached, FreeholdArea: 137 Sq.mtrAge: 1996-200229 Sep 2023£360,00061.80%
10 Sep 2004£222,500First Sale
4 GRANGEWOODDetached, FreeholdArea: 107 Sq.mtrAge: 2003-200612 Jul 2022£300,00071.43%
28 May 2004£175,000First Sale
10 GRANGEWOODDetached, FreeholdArea: 181 Sq.mtrAge: 2003-200625 May 2021£280,00012.00%
01 Dec 2017£250,00067.50%
23 May 2003£149,250First Sale
9 GRANGEWOODDetached, FreeholdArea: 137 Sq.mtrAge: 1996-200219 Jul 2018£257,5005.10%
09 Oct 2006£245,00048.48%
05 Sep 2003£165,000First Sale
7 GRANGEWOODDetached, FreeholdArea: 129 Sq.mtrAge: 2003-200625 Feb 2014£215,0000.0
25 Jan 2006£215,00034.38%
09 Oct 2003£160,000First Sale
5 GRANGEWOODDetached, FreeholdArea: 197.76 Sq.mtrAge: 2003-200604 Dec 2012£229,50031.14%
06 May 2004£175,000First Sale
12 GRANGEWOODDetached, Freehold02 Aug 2007£218,00045.33%
06 Jun 2003£150,000First Sale
6 GRANGEWOODDetached, Freehold25 Oct 2006£207,50020.64%
07 May 2004£172,000First Sale
1 GRANGEWOODDetached, Freehold08 Sep 2004£200,000First Sale
2 GRANGEWOODDetached, Freehold27 Aug 2004£185,000First Sale
3 GRANGEWOODDetached, Freehold30 Jun 2004£175,000First Sale
11 GRANGEWOODDetached, Freehold29 Sep 2003£167,500First Sale

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

GRANGEWOOD, NE61 5PL Near By properties

Interactive Map

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

  • Detached
    • The average price is around £186,718 median price is £171,250 Standard Deviation is £78,974 with Total Sold: 132
    • The Last 5 Year average price is £284,262 with Total Sold: 21
    • The most recent sale happened at this postcode is , 14 GRANGEWOOD: £320,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , STOBSWOOD HOUSE : £100,000 (Sold on 09 Oct 1998)
  • Semi-Detached
    • The average price is around £127,998 median price is £123,748 Standard Deviation is £50,871 with Total Sold: 88
    • The Last 5 Year average price is £154,389 with Total Sold: 23
    • The most recent sale happened at this postcode is , 24 MAPLE DRIVE: £115,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , BELLEVUE GRANGEMOOR ROAD: £49,500 (Sold on 07 Jun 1996)
  • Terraced
    • The average price is around £83,156 median price is £83,000 Standard Deviation is £37,487 with Total Sold: 165
    • The Last 5 Year average price is £109,870 with Total Sold: 23
    • The most recent sale happened at this postcode is , 2 WOODBURN STREET: £157,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 13 WOODBURN STREET: £29,000 (Sold on 13 Feb 1995)
  • Other
    • The average price is around £163,167 median price is £172,500 Standard Deviation is £24,188 with Total Sold: 3
    • The Last 5 Year average price is £179,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , HULDA GRANGEMOOR ROAD: £172,500 (Sold on 19 May 2023)
    • The first recorded sale happened at this postcode is , FIR TREES NURSERY : £130,000 (Sold on 04 Oct 2018)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£320,0001
2023£331,167 £2,443 3
2022£383,500 £2,876 4
2021£253,400 £1,710 5
2020£259,900 £1,640 5
2019£185,167 £1,887 3
2018£220,100 £1,700 5
2017£181,100 £1,448 5
2016£215,833 £1,887 3
2015£161,492 £1,797 3
2014£178,300 £1,657 5
2013£129,967 £1,567 3
2012£188,250 £1,522 2
2011£150,250 £1,276 2
2010£147,600 £1,188 5
2008£216,725 £1,609 2
2007£187,100 £1,685 5
2006£185,928 £1,692 20
2005£190,360 £1,696 11
2004£159,638 £1,384 21
2003£149,248 £1,184 11
2002£98,750 £897 2
2001£95,0002
2000£78,0002
1999£23,8001
1998£100,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£129,500 £2,182 2
2023£186,875 £2,032 4
2022£151,064 £1,861 7
2021£169,600 £1,762 5
2020£127,333 £1,781 3
2019£128,500 £1,945 2
2018£127,475 £1,515 2
2017£114,483 £1,435 3
2016£136,500 £1,332 5
2015£286,000 £1,192 1
2014£119,487 £1,492 4
2013£95,625 £1,255 4
2012£175,000 £994 1
2011£120,650 £1,422 3
2010£149,950 £2,112 1
2009£70,0001
2007£142,437 £1,726 9
2006£130,272 £1,803 10
2005£135,995 £2,045 2
2004£114,579 £1,455 6
2003£91,069 £1,174 7
2002£69,830 £576 3
1997£48,000 £436 1
1996£44,7502
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£157,0001
2023£127,500 £1,689 2
2022£119,100 £1,584 5
2021£103,500 £1,289 5
2020£99,000 £1,190 5
2019£101,400 £1,183 5
2017£110,014 £1,316 7
2016£111,500 £1,253 7
2015£68,588 £1,044 4
2014£86,968 £1,162 11
2012£74,000 £1,099 2
2011£90,000 £1,268 5
2010£110,000 £1,334 2
2009£92,408 £1,243 6
2008£88,250 £1,124 4
2007£117,800 £1,552 5
2006£123,740 £1,569 12
2005£100,348 £1,514 10
2004£72,648 £1,155 13
2003£77,927 £995 15
2002£50,253 £685 14
2001£27,625 £189 2
2000£23,540 £230 5
1999£38,560 £326 5
1998£29,000 £303 5
1997£19,250 £282 2
1996£46,625 £266 2
1995£37,500 £223 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£172,500 £1,875 1
2021£187,000 £1,798 1
2018£130,0001

House Type in NE61 5PL area

The most common house types in the NE61 5PL postcode area are Terraced (65), Detached (30), and Semi-detached (13).

Total110
Terraced65
Detached30
Semi-detached13
Flat1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright44
Owned: Owns with a mortgage or loan41
Private rented: Private landlord or letting agency11
Private rented: Other private rented8
Social rented: Other social 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 5PL have 2 people in household (44), and 1 person in household (38).

2 people in household44
1 person in household38
3 people in household11
4 people in household11
5 people in household7
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0