Housing Market Analysis for CHESTNUT WAY, NE61 5PT

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £108,989 median price is £115,995 Standard Deviation is £20,909 with Total Sold: 29
- The Last 5 Year average price is £109,700 with Total Sold: 10
- The most recent sale happened at this postcode is 14 CHESTNUT WAY: £140,000 (Sold on 30 Nov 2023)
- The first recorded sale happened at this postcode is 12 CHESTNUT WAY: £115,000 (Sold on 10 Aug 2023)
Terraced
- The average price is around £93,233 median price is £94,378 Standard Deviation is £14,409 with Total Sold: 16
- The Last 5 Year average price is £92,083 with Total Sold: 6
- The most recent sale happened at this postcode is 24 CHESTNUT WAY: £112,500 (Sold on 03 Jul 2023)
- The first recorded sale happened at this postcode is 9 CHESTNUT WAY: £94,995 (Sold on 26 Oct 2006)
Detached
- The average price is around £154,657 median price is £152,000 Standard Deviation is £8,571 with Total Sold: 11
- The Last 5 Year average price is £154,000 with Total Sold: 3
- The most recent sale happened at this postcode is 21 CHESTNUT WAY: £160,000 (Sold on 16 Feb 2023)
- The first recorded sale happened at this postcode is 23 CHESTNUT WAY: £156,995 (Sold on 26 Oct 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 5PT 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£127,500	£1,882	2
2022	£90,000	£1,579	1
2021	£123,500	£1,711	4
2020	£98,000	£1,485	1
2019	£80,000	£926	2
2018	£78,000	£1,259	5
2007	£121,205	£1,713	8
2006	£112,348	£1,677	3
2005	£135,000		1
2004	£115,995	£1,415	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£96,250	£1,462	2
2022	£115,000	£1,790	1
2021	£85,000	£1,480	2
2019	£75,000	£1,073	1
2018	£85,000	£1,513	2
2017	£75,000	£1,073	1
2015	£77,000	£1,185	1
2007	£94,755	£1,414	1
2006	£104,495	£1,689	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£160,000	£1,928	1
2021	£151,000	£1,718	2
2016	£142,000	£1,614	1
2013	£143,000	£1,625	1
2007	£159,663	£1,747	3
2006	£158,412	£1,809	3

All the Sales in the CHESTNUT WAY, NE61 5PT

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

Address	Sold Date	Price	% Change
14 CHESTNUT WAYSemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1991-1995	30 Nov 2023	£140,000	10.24%
	03 Dec 2021	£127,000	54.88%
	21 Dec 2018	£82,000	-31.44%
	02 Mar 2007	£119,595	First Sale
24 CHESTNUT WAYTerraced, FreeholdArea: 65 Sq.mtrAge: 2003-2006	03 Jul 2023	£112,500	0.36%
	29 Nov 2006	£112,095	First Sale
11 CHESTNUT WAYTerraced, FreeholdArea: 67 Sq.mtrAge: 2003-2006	24 Mar 2023	£80,000	-15.57%
	16 Mar 2007	£94,755	First Sale
21 CHESTNUT WAYDetached, FreeholdArea: 83 Sq.mtrAge: 1996-2002	16 Feb 2023	£160,000	5.27%
	24 Nov 2006	£151,995	First Sale
5 CHESTNUT WAYSemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1991-1995	22 Dec 2022	£90,000	20.00%
	14 Dec 2018	£75,000	-21.05%
	21 Dec 2006	£95,000	First Sale
20 CHESTNUT WAYTerraced, FreeholdArea: 64.24 Sq.mtrAge: 2003-2006	07 Oct 2022	£115,000	22.34%
	26 Jan 2018	£94,000	-14.70%
	01 Dec 2006	£110,195	First Sale
3 CHESTNUT WAYSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 2003-2006	03 Nov 2021	£120,000	-4.79%
	22 Mar 2007	£126,035	First Sale
9 CHESTNUT WAYTerraced, FreeholdArea: 69.93 Sq.mtrAge: 2003-2006	11 Oct 2021	£85,500	14.00%
	14 Jun 2019	£75,000	0.0
	13 Apr 2017	£75,000	-21.05%
	26 Oct 2006	£94,995	First Sale
27 CHESTNUT WAYDetached, FreeholdArea: 91 Sq.mtrAge: 1996-2002	01 Sep 2021	£152,000	0.00%
	05 Jan 2007	£151,995	First Sale
4 CHESTNUT WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 2003-2006	30 Jul 2021	£147,000	13.12%
	24 May 2006	£129,950	12.03%
	17 Sep 2004	£115,995	First Sale
7 CHESTNUT WAYTerraced, FreeholdArea: 48.65 Sq.mtrAge: 2003-2006	16 Jul 2021	£84,500	11.18%
	17 Sep 2018	£76,000	-20.00%
	01 Dec 2006	£94,995	First Sale
18 CHESTNUT WAYSemi-Detached, FreeholdArea: 63 Sq.mtrAge: 2003-2006	11 Jun 2021	£100,000	-10.79%
	30 Nov 2006	£112,095	First Sale
23 CHESTNUT WAYDetached, FreeholdArea: 85 Sq.mtrAge: 2003-2006	05 Feb 2021	£150,000	-4.46%
	26 Oct 2006	£156,995	First Sale
15 CHESTNUT WAYSemi-Detached, FreeholdArea: 66 Sq.mtrAge: 2003-2006	17 Nov 2020	£98,000	25.64%
	29 Oct 2018	£78,000	-34.78%
	02 Mar 2007	£119,595	First Sale
16 CHESTNUT WAYSemi-Detached, FreeholdArea: 116.76 Sq.mtrAge: 2003-2006	26 Apr 2019	£76,000	-36.45%
	02 Mar 2007	£119,595	First Sale
1 CHESTNUT WAYSemi-Detached, FreeholdArea: 69.88 Sq.mtrAge: 2003-2006	18 Apr 2019	£84,000	-33.35%
	16 Mar 2007	£126,035	First Sale
17 CHESTNUT WAYSemi-Detached, FreeholdArea: 65.7 Sq.mtrAge: 2003-2006	29 Oct 2018	£75,000	-37.29%
	01 Mar 2007	£119,595	First Sale
10 CHESTNUT WAYSemi-Detached, FreeholdArea: 56.7 Sq.mtrAge: 2003-2006	19 Oct 2018	£80,000	-33.11%
	01 Mar 2007	£119,595	First Sale
8 CHESTNUT WAYDetached, FreeholdArea: 88 Sq.mtrAge: 2003-2006	27 Jul 2016	£142,000	-0.70%
	25 Jul 2013	£143,000	-7.74%
	02 Feb 2007	£155,000	First Sale
22 CHESTNUT WAYTerraced, FreeholdArea: 65 Sq.mtrAge: 2003-2006	08 May 2015	£77,000	-30.12%
	29 Nov 2006	£110,195	First Sale
19 CHESTNUT WAYDetached, FreeholdArea: 95 Sq.mtrAge: 1991-1995	12 Apr 2007	£171,995	First Sale
12 CHESTNUT WAYSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 2003-2006	01 Mar 2007	£119,595	4.00%
	10 Aug 2023	£115,000	First Sale
6 CHESTNUT WAYDetached, FreeholdArea: 95 Sq.mtrAge: 1991-1995	17 Nov 2006	£166,245	First Sale
2 CHESTNUT WAYSemi-Detached, Freehold	29 Apr 2005	£135,000	16.38%
2 CHESTNUT WAYSemi-Detached, Freehold	17 Sep 2004	£115,995	First Sale

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

CHESTNUT WAY, NE61 5PT Near By properties

Interactive Map

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

Terraced
- The average price is around £80,569 median price is £82,000 Standard Deviation is £33,496 with Total Sold: 377
- The Last 5 Year average price is £97,908 with Total Sold: 78
- The most recent sale happened at this postcode is , 6 PARKSIDE GARDENS: £105,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 13 WOODBURN STREET: £29,000 (Sold on 13 Feb 1995)
Detached
- The average price is around £166,087 median price is £158,000 Standard Deviation is £73,213 with Total Sold: 287
- The Last 5 Year average price is £227,964 with Total Sold: 48
- The most recent sale happened at this postcode is , 10 DE MERLEY GARDENS: £230,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 5 STATION COTTAGES: £48,000 (Sold on 08 Sep 1995)
Semi-Detached
- The average price is around £101,323 median price is £100,000 Standard Deviation is £45,347 with Total Sold: 339
- The Last 5 Year average price is £131,060 with Total Sold: 82
- 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 , 1 FERNEYBEDS ESTATE: £30,500 (Sold on 10 Mar 1995)
Other
- The average price is around £133,224 median price is £146,250 Standard Deviation is £107,069 with Total Sold: 6
- The Last 5 Year average price is £121,717 with Total Sold: 3
- 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 , 5 MILE ROAD: £4,195 (Sold on 04 Oct 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£127,207	£1,512	4
2023	£104,500	£1,586	10
2022	£104,468	£1,522	17
2021	£91,502	£1,226	21
2020	£92,786	£1,255	14
2019	£90,541	£1,111	12
2018	£84,945	£1,168	10
2017	£102,710	£1,268	10
2016	£97,542	£1,172	12
2015	£69,836	£1,031	7
2014	£77,175	£1,095	18
2013	£64,800	£913	5
2012	£69,833	£958	3
2011	£87,000	£1,260	6
2010	£86,556	£1,407	9
2009	£84,714	£1,550	16
2008	£91,544	£1,478	17
2007	£113,007	£1,572	28
2006	£113,109	£1,559	22
2005	£95,718	£1,350	16
2004	£75,146	£1,100	20
2003	£70,921	£870	21
2002	£47,647	£620	23
2001	£32,344	£274	8
2000	£28,911	£288	9
1999	£36,208	£355	10
1998	£29,000	£296	10
1997	£25,300	£342	5
1996	£37,042	£339	6
1995	£34,312	£287	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£247,500		2
2023	£242,389	£1,985	9
2022	£276,861	£2,248	9
2021	£222,542	£1,772	12
2020	£217,375	£1,556	8
2019	£170,562	£1,767	8
2018	£176,955	£1,462	11
2017	£187,450	£1,470	10
2016	£185,583	£1,701	6
2015	£156,553	£1,649	8
2014	£160,167	£1,498	9
2013	£153,100	£1,576	9
2012	£147,000	£1,883	1
2011	£168,375	£1,396	4
2010	£165,750	£1,511	12
2009	£147,798	£1,539	7
2008	£197,568	£1,745	13
2007	£182,765	£1,721	22
2006	£186,392	£1,709	26
2005	£181,766	£1,663	13
2004	£164,382	£1,438	20
2003	£142,878	£1,220	17
2002	£89,372	£810	27
2001	£88,600	£777	11
2000	£101,625	£1,063	4
1999	£101,300	£722	3
1998	£40,000	£125	3
1997	£46,725	£585	2
1995	£48,000	£464	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£129,500	£2,182	2
2023	£151,107	£1,770	14
2022	£145,341	£1,746	16
2021	£127,038	£1,530	26
2020	£122,045	£1,772	11
2019	£107,804	£1,266	13
2018	£96,928	£1,247	16
2017	£102,921	£1,260	7
2016	£110,445	£1,234	10
2015	£120,709	£1,323	11
2014	£94,883	£1,185	9
2013	£85,455	£1,053	11
2012	£129,983	£1,115	3
2011	£113,299	£1,463	5
2010	£88,490	£1,367	5
2009	£91,058	£1,191	5
2008	£109,200	£1,417	5
2007	£125,512	£1,703	38
2006	£112,080	£1,433	27
2005	£103,043	£1,521	9
2004	£100,616	£1,410	17
2003	£77,682	£957	25
2002	£55,054	£554	16
2001	£48,564	£412	7
2000	£40,590	£400	5
1999	£33,361	£444	9
1998	£28,988	£451	4
1997	£38,800	£519	5
1996	£40,125	£562	4
1995	£33,500	£288	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£172,500	£1,875	1
2021	£187,000	£1,798	1
2019	£5,650	£65	1
2018	£215,000	£1,471	2
2017	£4,195	£57	1

House Type in NE61 5PT area

The most common house types in the NE61 5PT postcode area are Detached (67), Semi-detached (52), and Terraced (31).

Total	153
Detached	67
Semi-detached	52
Terraced	31
commercial building	2
Flat	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (71), and Owned: Owns outright (39).

Owned: Owns with a mortgage or loan	71
Owned: Owns outright	39
Private rented: Private landlord or letting agency	36
Private rented: Other private rented	6
Social rented: Other social rented	2
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 5PT have 2 people in household (51), and 1 person in household (44).

2 people in household	51
1 person in household	44
3 people in household	36
4 people in household	14
6 people in household	5
5 people in household	1
8 or more people in household	1
0 people in household	0
7 people in household	0