Housing Market Analysis for ALBION TERRACE, NE61 5SY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £46,143 median price is £55,000 Standard Deviation is £22,975 with Total Sold: 7
    • The Last 5 Year average price is £87,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 22A ALBION TERRACE: £87,500 (Sold on 22 Sep 2023)
    • The first recorded sale happened at this postcode is 17 ALBION TERRACE: £22,500 (Sold on 23 Oct 1998)
  • Other
    • The average price is around £30,000 median price is £30,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is LYNEMOUTH METHODIST CHURCH ALBION TERRACE: £30,000 (Sold on 04 Jul 2014)
    • The first recorded sale happened at this postcode is LYNEMOUTH METHODIST CHURCH ALBION TERRACE: £30,000 (Sold on 04 Jul 2014)
  • Semi-Detached
    • The average price is around £85,000 median price is £85,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 ALBION TERRACE: £85,000 (Sold on 14 Jul 2006)
    • The first recorded sale happened at this postcode is 13 ALBION TERRACE: £85,000 (Sold on 14 Jul 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 5SY 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
2023£87,500 £1,054 1
2015£57,500 £693 1
2004£55,0001
2003£55,000 £379 1
2001£27,5001
2000£18,0001
1998£22,500 £283 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£30,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£85,0001

All the Sales in the ALBION TERRACE, NE61 5SY

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

AddressSold DatePrice% Change
22A ALBION TERRACETerraced, FreeholdArea: 83 Sq.mtrAge: 1967-197522 Sep 2023£87,50052.17%
18 Sep 2015£57,500First Sale
LYNEMOUTH METHODIST CHURCH ALBION TERRACEOther, Freehold04 Jul 2014£30,000First Sale
13 ALBION TERRACESemi-Detached, Freehold14 Jul 2006£85,000First Sale
14 ALBION TERRACETerraced, Freehold23 Apr 2004£55,000First Sale
24 ALBION TERRACETerraced, FreeholdArea: 145 Sq.mtrAge: 1900-192922 Aug 2003£55,000First Sale
16 ALBION TERRACETerraced, Freehold12 Apr 2001£27,500First Sale
21 ALBION TERRACETerraced, Freehold17 Mar 2000£18,000First Sale
17 ALBION TERRACETerraced, FreeholdArea: 79.48 Sq.mtrAge: 1900-192923 Oct 1998£22,500First Sale

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

ALBION TERRACE, NE61 5SY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £48,637 median price is £49,000 Standard Deviation is £24,002 with Total Sold: 671
    • The Last 5 Year average price is £61,326 with Total Sold: 123
    • The most recent sale happened at this postcode is , 19 JERSEY SQUARE: £73,500 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 66 PARK ROAD: £28,000 (Sold on 01 Feb 1995)
  • Semi-Detached
    • The average price is around £62,400 median price is £58,250 Standard Deviation is £29,302 with Total Sold: 104
    • The Last 5 Year average price is £78,642 with Total Sold: 24
    • The most recent sale happened at this postcode is , 22 OAKLAND TERRACE: £115,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 81 DALTON AVENUE: £27,450 (Sold on 28 Jul 1995)
  • Detached
    • The average price is around £155,933 median price is £197,750 Standard Deviation is £88,585 with Total Sold: 12
    • The Last 5 Year average price is £212,625 with Total Sold: 4
    • The most recent sale happened at this postcode is , 7A QUEEN STREET: £213,000 (Sold on 12 Mar 2024)
    • The first recorded sale happened at this postcode is , THE BUNGALOW SEA VIEW: £6,700 (Sold on 30 Aug 1995)
  • Other
    • The average price is around £519,222 median price is £57,500 Standard Deviation is £1,875,537 with Total Sold: 18
    • The Last 5 Year average price is £1,095,688 with Total Sold: 8
    • The most recent sale happened at this postcode is , 2 FENHAM ROAD: £48,000 (Sold on 23 Mar 2023)
    • The first recorded sale happened at this postcode is , LYNEMOUTH METHODIST CHURCH ALBION TERRACE: £30,000 (Sold on 04 Jul 2014)
  • Flat
    • The average price is around £48,106 median price is £58,000 Standard Deviation is £16,596 with Total Sold: 9
    • The Last 5 Year average price is £36,650 with Total Sold: 3
    • The most recent sale happened at this postcode is , 24A CHESTER SQUARE: £29,950 (Sold on 28 Feb 2023)
    • The first recorded sale happened at this postcode is , 30 CHESTER SQUARE: £17,000 (Sold on 15 Oct 2001)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£62,750 £672 16
2023£69,308 £860 13
2022£69,852 £858 27
2021£57,089 £701 27
2020£60,486 £693 18
2019£51,000 £569 22
2018£51,117 £639 27
2017£53,150 £627 16
2016£51,825 £612 16
2015£45,163 £561 27
2014£53,422 £627 20
2013£46,441 £593 17
2012£48,091 £542 11
2011£53,400 £598 10
2010£54,631 £688 16
2009£66,883 £748 9
2008£76,462 £912 13
2007£76,217 £968 40
2006£67,469 £865 35
2005£63,765 £736 46
2004£52,949 £656 37
2003£38,403 £452 44
2002£24,834 £304 34
2001£19,398 £239 25
2000£23,136 £273 11
1999£22,064 £236 18
1998£20,717 £235 23
1997£18,015 £205 13
1996£16,132 £186 22
1995£21,286 £252 18
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£99,333 £1,182 3
2023£77,200 £986 5
2022£57,000 £840 3
2021£94,738 £1,049 4
2020£73,833 £809 3
2019£71,992 £831 6
2018£67,567 £780 3
2017£62,000 £744 4
2016£41,000 £554 1
2015£65,000 £792 2
2014£44,667 £696 3
2013£52,047 £664 5
2012£69,667 £906 3
2011£60,938 £693 4
2009£85,000 £1,012 1
2008£68,200 £748 5
2007£77,908 £980 6
2006£76,493 £874 7
2005£82,500 £961 4
2004£82,667 £623 6
2003£48,064 £624 7
2002£28,375 £279 4
2001£30,375 £294 4
2000£26,750 £357 2
1999£35,0001
1998£24,7503
1997£28,983 £472 3
1995£28,7252
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,500 £1,614 2
2022£208,750 £2,433 2
2016£225,0001
2014£50,000 £667 1
2004£230,0001
2002£80,0001
2000£120,0001
1999£275,0001
1997£34,0001
1995£6,700 £89 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£69,000 £571 2
2022£103,0001
2021£50,000 £735 1
2020£2,798,500 £56,099 3
2019£79,0001
2018£87,833 £719 6
2017£7,833 £110 3
2014£30,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£29,950 £666 1
2022£31,000 £775 1
2020£49,000 £690 1
2018£58,000 £817 1
2013£63,000 £1,212 1
2011£60,000 £1,091 1
2007£65,000 £915 1
2005£60,000 £845 1
2001£17,000 £239 1

House Type in NE61 5SY area

The most common house types in the NE61 5SY postcode area are Semi-detached (56), Flat (39), and Terraced (25).

Total132
Semi-detached56
Flat39
Terraced25
Detached8
commercial building3
temporary structure1
Shared house0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (47), and Owned: Owns outright (39).

Social rented: Other social rented47
Owned: Owns outright39
Social rented: Rents from council or Local Authority19
Private rented: Private landlord or letting agency14
Owned: Owns with a mortgage or loan13
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE61 5SY have 1 person in household (78), and 2 people in household (30).

1 person in household78
2 people in household30
4 people in household11
3 people in household9
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0