Housing Market Analysis for OAKLAND TERRACE, NE61 5YG

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £54,150 median price is £50,000 Standard Deviation is £26,966 with Total Sold: 16
    • The Last 5 Year average price is £67,390 with Total Sold: 5
    • 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 21 OAKLAND TERRACE: £20,500 (Sold on 25 Sep 1998)
  • Terraced
    • The average price is around £21,500 median price is £21,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 22 OAKLAND TERRACE: £21,500 (Sold on 23 Mar 2001)
    • The first recorded sale happened at this postcode is 22 OAKLAND TERRACE: £21,500 (Sold on 23 Mar 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 5YG 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
2024£115,0001
2023£53,500 £842 2
2022£50,000 £694 1
2021£64,950 £833 1
2015£50,000 £694 1
2008£43,000 £683 1
2007£82,0002
2006£66,000 £778 2
2005£60,000 £938 1
2003£35,950 £562 1
2002£16,000 £254 1
2001£8,000 £125 1
1998£20,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£21,500 £299 1

All the Sales in the OAKLAND TERRACE, NE61 5YG

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

AddressSold DatePrice% Change
22 OAKLAND TERRACESemi-Detached, Freehold31 Jul 2024£115,000130.00%
11 Feb 2022£50,0000.0
05 Nov 2015£50,000132.56%
23 Mar 2001£21,500First Sale
2 OAKLAND TERRACESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1930-194917 May 2023£62,0003.33%
28 Oct 2005£60,00066.90%
13 Jun 2003£35,950349.38%
14 Sep 2001£8,000First Sale
4 OAKLAND TERRACESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1950-196613 Apr 2023£45,0004.65%
10 Dec 2008£43,000-12.24%
27 Oct 2006£49,000206.25%
31 May 2002£16,000First Sale
17 OAKLAND TERRACESemi-Detached, FreeholdArea: 78 Sq.mtr04 Jun 2021£64,950First Sale
21 OAKLAND TERRACESemi-Detached, Freehold04 May 2007£85,0002.41%
27 Oct 2006£83,000304.88%
25 Sep 1998£20,500First Sale
20 OAKLAND TERRACESemi-Detached, Freehold12 Jan 2007£79,000First Sale

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

OAKLAND TERRACE, NE61 5YG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE61 5YG 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 5YG 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 5YG area

The most common house types in the NE61 5YG postcode area are Terraced (96), Semi-detached (36), and Detached (2).

Total134
Terraced96
Semi-detached36
Detached2
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (39), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright39
Owned: Owns with a mortgage or loan31
Social rented: Other social rented23
Private rented: Private landlord or letting agency22
Social rented: Rents from council or Local Authority16
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 5YG have 1 person in household (46), and 2 people in household (45).

1 person in household46
2 people in household45
3 people in household21
4 people in household13
5 people in household4
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0