Housing Market Analysis for SOUTH TERRACE, NE61 6LY

Are you looking to understand NE61 6LY 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 6LY area, explore the NE61 6LY Area information page.
For comprehensive crime statistics in the NE61 6LY area, explore the NE61 6LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE61 6LY postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £127,383 median price is £95,000 Standard Deviation is £78,625 with Total Sold: 9
    • The Last 5 Year average price is £258,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 SOUTH TERRACE: £270,000 (Sold on 07 Jun 2023)
    • The first recorded sale happened at this postcode is 2 SOUTH TERRACE: £54,000 (Sold on 08 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 6LY 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£270,000 £2,784 1
2021£247,000 £2,685 1
2015£127,500 £1,301 1
2003£159,950 £1,649 1
2001£93,500 £991 2
1998£65,000 £670 1
1997£36,000 £367 1
1996£54,0001

All the Sales in the SOUTH TERRACE, NE61 6LY

See the table below for more details on the sold house prices in the NE61 6LY, Northumberland postcode.

AddressSold DatePrice% Change
1 SOUTH TERRACETerraced, FreeholdArea: 97 Sq.mtrAge: 1900-192907 Jun 2023£270,00068.80%
14 Nov 2003£159,95073.86%
08 Jun 2001£92,00041.54%
15 Jun 1998£65,000First Sale
3 SOUTH TERRACETerraced, FreeholdArea: 92 Sq.mtrAge: 1900-192929 Sep 2021£247,000160.00%
30 Nov 2001£95,000First Sale
4 SOUTH TERRACETerraced, FreeholdArea: 98 Sq.mtrAge: before 190014 Apr 2015£127,500254.17%
06 Jun 1997£36,000First Sale
2 SOUTH TERRACETerraced, Freehold08 Aug 1996£54,000First Sale

Check out the sold house prices near the NE61 6LY postcode. Properties currently for saleProperties currently for rent

SOUTH TERRACE, NE61 6LY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE61 6LY 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 6LY postcode.

  • Detached
    • The average price is around £457,187 median price is £440,000 Standard Deviation is £280,471 with Total Sold: 165
    • The Last 5 Year average price is £653,215 with Total Sold: 33
    • The most recent sale happened at this postcode is , 4 FIELD HOUSE CLOSE: £640,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , THE WILLOWS : £280,000 (Sold on 30 Jun 1995)
  • Semi-Detached
    • The average price is around £257,591 median price is £220,000 Standard Deviation is £177,453 with Total Sold: 15
    • The Last 5 Year average price is £445,600 with Total Sold: 5
    • The most recent sale happened at this postcode is THE COTTAGE, HEPSCOTT HALL : £480,000 (Sold on 21 Feb 2024)
    • The first recorded sale happened at this postcode is , BURNCREST : £64,000 (Sold on 07 Jun 1996)
  • Terraced
    • The average price is around £120,234 median price is £95,000 Standard Deviation is £66,890 with Total Sold: 19
    • The Last 5 Year average price is £233,500 with Total Sold: 3
    • The most recent sale happened at this postcode is , 1 SOUTH TERRACE: £270,000 (Sold on 07 Jun 2023)
    • The first recorded sale happened at this postcode is , 7 PARK SIDE: £42,000 (Sold on 12 Apr 1996)
  • Other
    • The average price is around £355,000 median price is £355,000 Standard Deviation is £281,691 with Total Sold: 3
    • The Last 5 Year average price is £355,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , GREENFIELD HOUSE : £700,000 (Sold on 15 Feb 2023)
    • The first recorded sale happened at this postcode is , PINE CROFT : £355,000 (Sold on 10 Dec 2018)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£685,000 £3,636 2
2023£1,116,025 £3,467 4
2022£683,571 £3,610 7
2021£652,857 £3,157 7
2020£483,125 £2,705 8
2019£500,400 £2,605 5
2018£503,000 £2,928 5
2017£570,903 £2,569 10
2016£567,143 £3,152 7
2015£726,250 £2,156 4
2014£488,333 £2,228 6
2013£413,738 £2,013 4
2012£848,000 £2,332 5
2010£340,000 £1,365 1
2009£623,000 £2,896 5
2008£335,000 £1,472 2
2007£585,375 £2,133 8
2006£507,000 £2,766 5
2005£559,286 £2,352 7
2004£230,0001
2003£353,333 £2,138 9
2002£279,312 £1,499 8
2001£292,5002
2000£225,064 £1,111 7
1999£201,500 £1,107 13
1998£177,500 £790 3
1997£164,889 £885 9
1996£173,125 £715 8
1995£290,5833
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2022£474,000 £3,217 2
2021£290,000 £2,479 1
2019£510,000 £1,848 1
2014£340,000 £2,931 1
2005£395,0001
2003£199,500 £1,879 2
2001£86,250 £594 2
2000£35,3601
1999£82,000 £852 1
1998£148,0001
1996£64,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£226,750 £2,423 2
2021£247,000 £2,685 1
2015£127,500 £1,301 1
2013£149,000 £1,733 1
2010£140,000 £1,510 1
2007£187,000 £2,078 1
2006£163,000 £1,831 1
2003£159,950 £1,649 1
2002£86,000 £1,000 1
2001£93,500 £991 2
1998£66,750 £733 2
1997£50,500 £562 2
1996£50,000 £488 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£700,000 £4,575 1
2019£10,000 £65 1
2018£355,000 £2,336 1

House Type in NE61 6LY area

The most common house types in the NE61 6LY postcode area are Detached (145), Semi-detached (23), and Terraced (11).

Total179
Detached145
Semi-detached23
Terraced11
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 (120), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright120
Owned: Owns with a mortgage or loan50
Social rented: Other social rented3
Private rented: Private landlord or letting agency3
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE61 6LY have 2 people in household (91), and 1 person in household (40).

2 people in household91
1 person in household40
4 people in household22
3 people in household20
6 people in household3
5 people in household2
0 people in household0
7 people in household0
8 or more people in household0