Housing Market Analysis for CHESTER SQUARE, NE61 5UF

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

Overview of Sold House prices

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

Terraced
- The average price is around £44,837 median price is £46,000 Standard Deviation is £19,413 with Total Sold: 33
- The Last 5 Year average price is £58,667 with Total Sold: 3
- The most recent sale happened at this postcode is 3 CHESTER SQUARE: £55,000 (Sold on 21 Apr 2023)
- The first recorded sale happened at this postcode is 29 CHESTER SQUARE: £16,000 (Sold on 30 Sep 1997)
Flat
- The average price is around £46,492 median price is £53,500 Standard Deviation is £17,355 with Total Sold: 6
- The Last 5 Year average price is £39,475 with Total Sold: 2
- 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)
Other
- The average price is around £8,250,000 median price is £8,250,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £8,250,000 with Total Sold: 1
- The most recent sale happened at this postcode is 27 CHESTER SQUARE: £8,250,000 (Sold on 03 Jul 2020)
- The first recorded sale happened at this postcode is 27 CHESTER SQUARE: £8,250,000 (Sold on 03 Jul 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 5UF 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
2023	£55,000		2
2022	£66,000	£943	1
2017	£41,000	£582	2
2016	£47,000		1
2015	£49,950	£666	1
2014	£36,500	£514	1
2013	£53,875	£760	4
2009	£55,000	£645	1
2007	£62,500		2
2006	£63,000	£869	1
2005	£63,600	£792	5
2004	£70,000	£1,094	1
2003	£30,843	£426	3
2002	£18,250	£243	1
2001	£15,317	£212	3
1999	£26,950	£316	1
1998	£21,000		2
1997	£16,000	£225	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£29,950	£666	1
2020	£49,000	£690	1
2018	£58,000	£817	1
2007	£65,000	£915	1
2005	£60,000	£845	1
2001	£17,000	£239	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£8,250,000	£111,486	1

All the Sales in the CHESTER SQUARE, NE61 5UF

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

Address	Sold Date	Price	% Change
3 CHESTER SQUARETerraced, Freehold	21 Apr 2023	£55,000	0.0
	21 Apr 2023	£55,000	-15.38%
	21 Dec 2007	£65,000	First Sale
24A CHESTER SQUAREFlat, LeaseholdArea: 45 Sq.mtrAge: 1900-1929	28 Feb 2023	£29,950	First Sale
36 CHESTER SQUARETerraced, FreeholdArea: 70 Sq.mtrAge: 1900-1929	01 Jul 2022	£66,000	First Sale
30 CHESTER SQUAREFlat, FreeholdArea: 71 Sq.mtrAge: 1930-1949	25 Sep 2020	£49,000	-15.52%
	27 Jul 2018	£58,000	-10.77%
	07 Jul 2007	£65,000	8.33%
	22 Jun 2005	£60,000	9.09%
	08 Jun 2005	£55,000	223.53%
	15 Oct 2001	£17,000	First Sale
27 CHESTER SQUAREOther, FreeholdArea: 74 Sq.mtrAge: 1930-1949	03 Jul 2020	£8,250,000	First Sale
29 CHESTER SQUARETerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	01 Dec 2017	£37,000	8.82%
	20 Jun 2003	£34,000	112.50%
	30 Sep 1997	£16,000	First Sale
22 CHESTER SQUARETerraced, FreeholdArea: 70 Sq.mtrAge: 1900-1929	15 Nov 2017	£45,000	125.56%
	22 Feb 2001	£19,950	First Sale
15 CHESTER SQUARETerraced, Freehold	04 Jul 2016	£47,000	First Sale
34 CHESTER SQUARETerraced, FreeholdArea: 75 Sq.mtrAge: 1950-1966	21 Dec 2015	£49,950	55.96%
	08 Aug 2003	£32,028	75.50%
	01 May 2002	£18,250	30.36%
	12 Apr 2001	£14,000	First Sale
10 CHESTER SQUARETerraced, FreeholdArea: 71 Sq.mtrAge: 1950-1966	26 Nov 2014	£36,500	37.74%
	17 Dec 2003	£26,500	First Sale
20 CHESTER SQUARETerraced, FreeholdArea: 71 Sq.mtrAge: 1930-1949	25 Nov 2013	£42,000	First Sale
18 CHESTER SQUARETerraced, FreeholdArea: 72.5 Sq.mtrAge: 1900-1929	20 Sep 2013	£45,500	-27.78%
	10 Mar 2006	£63,000	First Sale
9 CHESTER SQUARETerraced, FreeholdArea: 68.75 Sq.mtrAge: 1900-1929	16 Aug 2013	£64,000	First Sale
35 CHESTER SQUARETerraced, FreeholdArea: 72 Sq.mtrAge: 1900-1929	11 Jan 2013	£64,000	First Sale
23 CHESTER SQUARETerraced, FreeholdArea: 85.28 Sq.mtrAge: 1900-1929	30 Oct 2009	£55,000	104.08%
	26 Apr 1999	£26,950	First Sale
6 CHESTER SQUARETerraced, Freehold	14 Sep 2007	£60,000	First Sale
21 CHESTER SQUARETerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	31 Oct 2005	£60,000	First Sale
1 CHESTER SQUARETerraced, Freehold	07 Sep 2005	£91,000	First Sale
19 CHESTER SQUARETerraced, FreeholdArea: 72.39 Sq.mtrAge: 1930-1949	21 Jun 2005	£66,000	43.48%
	04 Mar 2005	£46,000	283.33%
	18 Apr 2001	£12,000	First Sale
5 CHESTER SQUARETerraced, FreeholdArea: 64 Sq.mtrAge: 1930-1949	17 Sep 2004	£70,000	First Sale
31 CHESTER SQUARETerraced, Freehold	22 May 1998	£21,000	First Sale
12 CHESTER SQUARETerraced, Freehold	08 May 1998	£21,000	First Sale

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

CHESTER SQUARE, NE61 5UF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE61 5UF 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 5UF 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 £67,251 median price is £59,250 Standard Deviation is £42,684 with Total Sold: 100
- The Last 5 Year average price is £87,686 with Total Sold: 21
- 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 £111,750 median price is £100,000 Standard Deviation is £65,903 with Total Sold: 4
- The Last 5 Year average price is £213,000 with Total Sold: 1
- 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 , 70 ALBION TERRACE: £34,000 (Sold on 12 Jun 1997)
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£99,333	£1,182	3
2023	£67,625	£897	4
2022	£57,000	£840	3
2021	£101,650	£1,090	3
2020	£73,833	£809	3
2019	£115,090	£883	5
2018	£61,350	£735	2
2017	£101,900	£744	5
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	£95,350	£980	7
2006	£76,493	£874	7
2005	£82,500	£961	4
2004	£82,667	£623	6
2003	£47,290	£632	5
2002	£28,375	£279	4
2001	£30,375	£294	4
2000	£26,750	£357	2
1999	£35,000		1
1998	£24,750		3
1997	£28,983	£472	3
1995	£28,725		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£213,000	£1,614	1
2002	£80,000		1
2000	£120,000		1
1997	£34,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£69,000	£571	2
2022	£103,000		1
2021	£50,000	£735	1
2020	£2,798,500	£56,099	3
2019	£79,000		1
2018	£87,833	£719	6
2017	£7,833	£110	3
2014	£30,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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 5UF area

The most common house types in the NE61 5UF postcode area are Terraced (117), Semi-detached (12), and Detached (4).

Total	135
Terraced	117
Semi-detached	12
Detached	4
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 (46), and Social rented: Other social rented (42).

Owned: Owns outright	46
Social rented: Other social rented	42
Owned: Owns with a mortgage or loan	19
Private rented: Private landlord or letting agency	18
Social rented: Rents from council or Local Authority	5
Private rented: Other private rented	5
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE61 5UF have 1 person in household (58), and 2 people in household (48).

1 person in household	58
2 people in household	48
3 people in household	21
4 people in household	5
5 people in household	1
6 people in household	1
8 or more people in household	1
0 people in household	0
7 people in household	0