Housing Market Analysis for GRANGEWOOD TERRACE, NE61 5QE

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

Overview of Sold House prices

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

Terraced
- The average price is around £65,648 median price is £62,000 Standard Deviation is £39,951 with Total Sold: 44
- The Last 5 Year average price is £119,786 with Total Sold: 7
- The most recent sale happened at this postcode is 7 GRANGEWOOD TERRACE: £161,500 (Sold on 10 Oct 2022)
- The first recorded sale happened at this postcode is 16 GRANGEWOOD TERRACE: £28,000 (Sold on 29 Sep 1995)
Semi-Detached
- The average price is around £264,125 median price is £284,500 Standard Deviation is £71,051 with Total Sold: 4
- The Last 5 Year average price is £340,000 with Total Sold: 1
- The most recent sale happened at this postcode is OAKLANDS, REAR OF GRANGEWOOD TERRACE: £340,000 (Sold on 10 Feb 2021)
- The first recorded sale happened at this postcode is OAKLANDS, REAR OF GRANGEWOOD TERRACE: £283,000 (Sold on 05 Dec 2007)
Detached
- The average price is around £300,000 median price is £300,000 Standard Deviation is £55,000 with Total Sold: 2
- The Last 5 Year average price is £355,000 with Total Sold: 1
- The most recent sale happened at this postcode is THE GRANGE GRANGEWOOD TERRACE: £355,000 (Sold on 25 Aug 2020)
- The first recorded sale happened at this postcode is WOBURN HOUSE BACK GRANGEWOOD TERRACE: £245,000 (Sold on 31 Oct 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 5QE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£161,500	£1,946	1
2021	£122,500	£1,237	2
2020	£80,000	£808	1
2019	£117,333	£1,259	3
2017	£127,050	£1,423	2
2015	£65,000	£684	1
2014	£96,000	£943	3
2010	£99,000	£980	1
2009	£84,250	£787	2
2008	£92,250	£1,012	2
2007	£83,000		1
2006	£71,000	£816	1
2005	£77,000	£875	1
2004	£44,750	£633	4
2003	£58,975	£640	2
2002	£32,167	£370	3
2001	£27,625	£189	2
2000	£23,567	£254	3
1999	£33,000	£273	1
1998	£29,250	£303	4
1997	£19,250	£282	2
1996	£24,000	£276	1
1995	£28,000	£231	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£340,000	£1,417	1
2016	£147,500	£1,126	1
2015	£286,000	£1,192	1
2007	£283,000	£1,179	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£355,000	£1,983	1
2003	£245,000		1

All the Sales in the GRANGEWOOD TERRACE, NE61 5QE

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

Address	Sold Date	Price	% Change
7 GRANGEWOOD TERRACETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-1929	10 Oct 2022	£161,500	24.28%
	03 Nov 2017	£129,950	40.49%
	07 Nov 2008	£92,500	110.23%
	25 Oct 2002	£44,000	First Sale
9 GRANGEWOOD TERRACETerraced, FreeholdArea: 99 Sq.mtrAge: 1900-1929	26 Nov 2021	£150,000	57.89%
	30 Jun 2021	£95,000	First Sale
OAKLANDS, REAR OF GRANGEWOOD TERRACESemi-Detached, FreeholdArea: 240 Sq.mtrAge: 1991-1995	10 Feb 2021	£340,000	18.88%
	17 Apr 2015	£286,000	1.06%
	05 Dec 2007	£283,000	First Sale
15 GRANGEWOOD TERRACETerraced, FreeholdArea: 99 Sq.mtrAge: 1930-1949	04 Dec 2020	£80,000	First Sale
THE GRANGE GRANGEWOOD TERRACEDetached, FreeholdArea: 179 Sq.mtrAge: 1996-2002	25 Aug 2020	£355,000	First Sale
13 GRANGEWOOD TERRACETerraced, FreeholdArea: 96.97 Sq.mtrAge: 1900-1929	06 Sep 2019	£92,000	3.95%
	26 Jun 2009	£88,500	First Sale
6 GRANGEWOOD TERRACETerraced, FreeholdArea: 97 Sq.mtrAge: 1930-1949	19 Aug 2019	£135,000	37.76%
	28 Feb 2014	£98,000	145.00%
	23 Jul 2004	£40,000	100.50%
	09 May 2000	£19,950	-27.45%
	03 Dec 1998	£27,500	First Sale
17 GRANGEWOOD TERRACETerraced, FreeholdArea: 87 Sq.mtrAge: 1930-1949	21 May 2019	£125,000	76.06%
	21 Jul 2006	£71,000	14.52%
	08 Oct 2004	£62,000	153.06%
	29 Aug 1997	£24,500	2.08%
	04 Oct 1996	£24,000	First Sale
3 GRANGEWOOD TERRACETerraced, FreeholdArea: 97 Sq.mtrAge: 1900-1929	30 Jun 2017	£124,150	313.83%
	01 Dec 1998	£30,000	First Sale
OAK TREE LODGE, REAR OF GRANGEWOOD TERRACESemi-Detached, FreeholdArea: 131 Sq.mtrAge: 1991-1995	25 Nov 2016	£147,500	First Sale
12 GRANGEWOOD TERRACETerraced, FreeholdArea: 95 Sq.mtrAge: 1930-1949	21 Jul 2015	£65,000	154.90%
	06 Apr 1998	£25,500	First Sale
16 GRANGEWOOD TERRACETerraced, FreeholdArea: 121 Sq.mtrAge: 1900-1929	05 Sep 2014	£110,000	37.50%
	23 Jan 2009	£80,000	142.42%
	28 Jun 1999	£33,000	17.86%
	29 Sep 1995	£28,000	First Sale
20 GRANGEWOOD TERRACETerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	20 Jun 2014	£80,000	3.90%
	22 Apr 2005	£77,000	28.44%
	04 Apr 2003	£59,950	224.05%
	14 Jan 2002	£18,500	First Sale
10 GRANGEWOOD TERRACETerraced, FreeholdArea: 101.04 Sq.mtrAge: 1900-1929	22 Jun 2010	£99,000	7.61%
	27 Jun 2008	£92,000	204.13%
	11 Feb 2000	£30,250	First Sale
18 GRANGEWOOD TERRACETerraced, Freehold	04 May 2007	£83,000	First Sale
24 GRANGEWOOD TERRACETerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	08 Oct 2004	£62,000	202.44%
	10 Nov 2000	£20,500	First Sale
25 GRANGEWOOD TERRACETerraced, Freehold	03 Aug 2004	£15,000	First Sale
WOBURN HOUSE BACK GRANGEWOOD TERRACEDetached, Freehold	31 Oct 2003	£245,000	First Sale
5 GRANGEWOOD TERRACETerraced, FreeholdArea: 97 Sq.mtrAge: 1900-1929	20 Aug 2003	£58,000	70.59%
	27 Nov 1998	£34,000	First Sale
14 GRANGEWOOD TERRACETerraced, Freehold	26 Jul 2002	£34,000	First Sale
1 GRANGEWOOD TERRACETerraced, FreeholdArea: 106 Sq.mtrAge: 1900-1929	10 Oct 2001	£20,000	First Sale
19 GRANGEWOOD TERRACETerraced, Freehold	28 Feb 2001	£35,250	First Sale
4 GRANGEWOOD TERRACETerraced, Freehold	24 Jan 1997	£14,000	First Sale

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

GRANGEWOOD TERRACE, NE61 5QE Near By properties

Interactive Map

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

Detached
- The average price is around £182,184 median price is £167,750 Standard Deviation is £75,520 with Total Sold: 154
- The Last 5 Year average price is £266,500 with Total Sold: 26
- 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 , OLD POLICE HOUSE GRANGEMOOR ROAD: £46,450 (Sold on 04 Mar 1997)
Semi-Detached
- The average price is around £114,836 median price is £118,000 Standard Deviation is £45,741 with Total Sold: 157
- The Last 5 Year average price is £134,328 with Total Sold: 41
- 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 , 4 GRANGE ROAD: £30,500 (Sold on 28 Jul 1995)
Terraced
- The average price is around £86,023 median price is £85,500 Standard Deviation is £36,318 with Total Sold: 195
- The Last 5 Year average price is £104,456 with Total Sold: 34
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£320,000		1
2023	£275,167	£2,256	6
2022	£383,500	£2,876	4
2021	£224,143	£1,712	7
2020	£259,900	£1,640	5
2019	£185,167	£1,887	3
2018	£220,100	£1,700	5
2017	£178,285	£1,437	7
2016	£197,375	£1,819	4
2015	£161,492	£1,797	3
2014	£175,643	£1,602	7
2013	£133,225	£1,581	4
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	£176,811	£1,712	8
2006	£182,339	£1,714	23
2005	£190,360	£1,696	11
2004	£159,638	£1,384	21
2003	£144,825	£1,154	13
2002	£110,122	£1,011	4
2001	£95,000		2
2000	£78,000		2
1999	£23,800		1
1998	£100,000		1
1997	£46,450	£411	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£129,500	£2,182	2
2023	£152,062	£1,714	8
2022	£142,272	£1,815	9
2021	£139,385	£1,648	13
2020	£120,000	£1,707	4
2019	£91,900	£1,248	5
2018	£95,619	£1,346	8
2017	£105,862	£1,255	4
2016	£124,357	£1,292	7
2015	£195,500	£1,379	2
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	£70,000		1
2007	£132,704	£1,673	20
2006	£118,392	£1,547	17
2005	£136,235	£1,918	4
2004	£116,046	£1,490	10
2003	£83,585	£1,048	17
2002	£69,913	£626	6
2001	£27,950	£253	1
2000	£24,000	£320	1
1999	£22,000	£196	1
1997	£48,000	£436	1
1996	£44,750		2
1995	£30,500	£288	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£142,000	£1,512	2
2023	£111,875	£1,576	4
2022	£118,417	£1,618	6
2021	£100,312	£1,370	8
2020	£97,333	£1,160	6
2019	£90,375	£1,092	8
2018	£85,000	£1,513	2
2017	£104,900	£1,286	9
2016	£111,500	£1,253	7
2015	£70,270	£1,079	5
2014	£86,968	£1,162	11
2012	£74,000	£1,099	2
2011	£90,000	£1,268	5
2010	£101,333	£1,248	3
2009	£92,408	£1,243	6
2008	£88,250	£1,124	4
2007	£122,555	£1,619	12
2006	£118,186	£1,622	18
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£172,500	£1,875	1
2021	£187,000	£1,798	1
2018	£130,000		1

House Type in NE61 5QE area

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

Total	110
Terraced	65
Detached	30
Semi-detached	13
Flat	1
Shared house	1
converted building	0
commercial building	0
temporary structure	0

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 outright	44
Owned: Owns with a mortgage or loan	41
Private rented: Private landlord or letting agency	11
Private rented: Other private rented	8
Social rented: Other social rented	6
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 5QE have 2 people in household (44), and 1 person in household (38).

2 people in household	44
1 person in household	38
3 people in household	11
4 people in household	11
5 people in household	7
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0