Housing Market Analysis for MARKET SQUARE, NE61 5TL

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £68,800 median price is £78,000 Standard Deviation is £19,934 with Total Sold: 5
    • The Last 5 Year average price is £84,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 2 MARKET SQUARE: £80,000 (Sold on 29 Apr 2022)
    • The first recorded sale happened at this postcode is 3 MARKET SQUARE: £78,000 (Sold on 08 Mar 2024)
  • Other
    • The average price is around £50,000 median price is £50,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £50,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 MARKET SQUARE: £50,000 (Sold on 05 Feb 2021)
    • The first recorded sale happened at this postcode is 4 MARKET SQUARE: £50,000 (Sold on 05 Feb 2021)
  • Terraced
    • The average price is around £88,250 median price is £88,250 Standard Deviation is £1,750 with Total Sold: 2
    • The Last 5 Year average price is £86,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 MARKET SQUARE: £86,500 (Sold on 22 May 2020)
    • The first recorded sale happened at this postcode is 13 MARKET SQUARE: £90,000 (Sold on 19 Sep 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 5TL 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£80,000 £1,176 1
2020£95,000 £969 1
2014£44,000 £647 1
2013£47,000 £691 1
2024£78,000 £1,182 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£50,000 £735 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£86,500 £765 1
2005£90,000 £796 1

All the Sales in the MARKET SQUARE, NE61 5TL

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

AddressSold DatePrice% Change
2 MARKET SQUARESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1950-196629 Apr 2022£80,00081.82%
04 Sep 2014£44,000-6.38%
08 Oct 2013£47,000First Sale
4 MARKET SQUAREOther, FreeholdArea: 68 Sq.mtrAge: 1950-196605 Feb 2021£50,000First Sale
20 MARKET SQUARESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1950-196612 Jun 2020£95,000First Sale
13 MARKET SQUARETerraced, FreeholdArea: 113 Sq.mtrAge: 1950-196622 May 2020£86,500-3.89%
19 Sep 2005£90,000First Sale
3 MARKET SQUARESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1930-194908 Mar 2024£78,000First Sale

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

MARKET SQUARE, NE61 5TL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £47,947 median price is £49,000 Standard Deviation is £23,188 with Total Sold: 656
    • The Last 5 Year average price is £60,251 with Total Sold: 120
    • 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 £62,659 median price is £58,000 Standard Deviation is £29,881 with Total Sold: 97
    • 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£56,632 £676 17
2019£46,750 £554 20
2018£51,117 £639 27
2017£53,150 £627 16
2016£51,825 £612 16
2015£45,163 £561 27
2014£50,603 £616 19
2013£46,441 £593 17
2012£48,091 £542 11
2011£53,400 £598 10
2010£54,631 £688 16
2009£59,119 £711 8
2008£76,462 £912 13
2007£75,030 £966 39
2006£66,247 £864 34
2005£63,027 £734 45
2004£52,949 £656 37
2003£37,808 £449 43
2002£24,834 £304 34
2001£19,398 £239 25
2000£20,850 £259 10
1999£20,656 £236 17
1998£19,795 £235 22
1997£15,683 £205 12
1996£16,043 £186 21
1995£19,979 £245 17
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£62,000 £732 2
2017£59,333 £743 3
2016£41,000 £554 1
2015£65,000 £792 2
2014£44,000 £647 1
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£86,667 £1,022 3
2004£83,600 £623 5
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£30,975 £472 2
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 5TL area

The most common house types in the NE61 5TL 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 5TL 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