Housing Market Analysis for PEGSWOOD VILLAGE, NE61 6RE

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

Overview of Sold House prices

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

Detached
- The average price is around £206,083 median price is £232,475 Standard Deviation is £92,355 with Total Sold: 18
- The Last 5 Year average price is £272,250 with Total Sold: 2
- The most recent sale happened at this postcode is AALTEN HOUSE PEGSWOOD VILLAGE: £287,500 (Sold on 08 Jul 2022)
- The first recorded sale happened at this postcode is BELMONT HOUSE PEGSWOOD VILLAGE: £45,000 (Sold on 20 Mar 1997)
Other
- The average price is around £280,000 median price is £280,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £280,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9, NORTH FARM PEGSWOOD VILLAGE: £280,000 (Sold on 20 Sep 2019)
- The first recorded sale happened at this postcode is 9, NORTH FARM PEGSWOOD VILLAGE: £280,000 (Sold on 20 Sep 2019)
Terraced
- The average price is around £177,969 median price is £136,750 Standard Deviation is £54,164 with Total Sold: 8
- The most recent sale happened at this postcode is 2, NORTH FARM PEGSWOOD VILLAGE: £235,000 (Sold on 21 Jun 2010)
- The first recorded sale happened at this postcode is 7, NORTH FARM PEGSWOOD VILLAGE: £235,000 (Sold on 21 Aug 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE61 6RE 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£287,500	£2,264	1
2021	£257,000	£1,637	1
2017	£201,650	£1,324	3
2016	£250,000	£1,724	2
2013	£156,000	£1,228	1
2012	£240,000	£1,220	1
2010	£55,000	£656	1
2008	£145,000	£1,142	1
2007	£271,000	£1,742	5
1999	£64,050	£504	1
1997	£45,000	£517	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£280,000	£1,795	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2010	£235,000	£1,741	1
2009	£136,750	£950	5
2008	£270,000		1
2006	£235,000		1

All the Sales in the PEGSWOOD VILLAGE, NE61 6RE

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

Address	Sold Date	Price	% Change
AALTEN HOUSE PEGSWOOD VILLAGEDetached, FreeholdArea: 127 Sq.mtrAge: 1930-1949	08 Jul 2022	£287,500	84.29%
	11 Jan 2013	£156,000	7.59%
	06 May 2008	£145,000	126.39%
	12 Nov 1999	£64,050	First Sale
10, NORTH FARM PEGSWOOD VILLAGEDetached, FreeholdArea: 157 Sq.mtrAge: 2007-2011	25 Jun 2021	£257,000	-9.82%
	24 Apr 2007	£285,000	First Sale
9, NORTH FARM PEGSWOOD VILLAGEOther, FreeholdArea: 156 Sq.mtrAge: 1996-2002	20 Sep 2019	£280,000	-5.08%
	27 Apr 2007	£295,000	First Sale
11, NORTH FARM PEGSWOOD VILLAGEDetached, FreeholdArea: 196.8 Sq.mtrAge: 2003-2006	05 May 2017	£229,950	-2.15%
	02 May 2017	£235,000	-2.08%
	22 Jun 2012	£240,000	-14.29%
	09 Nov 2007	£280,000	First Sale
BELMONT HOUSE PEGSWOOD VILLAGEDetached, FreeholdArea: 87 Sq.mtrAge: 1930-1949	10 Mar 2017	£140,000	-6.67%
	30 Sep 2016	£150,000	-6.25%
	20 Mar 2007	£160,000	255.56%
	20 Mar 1997	£45,000	First Sale
PEGSWOOD FARM PEGSWOOD VILLAGEDetached, Freehold	24 Mar 2016	£350,000	4.48%
PEGSWOOD FARM PEGSWOOD VILLAGEDetached, Freehold	06 Jul 2007	£335,000	First Sale
FED COTTAGE PEGSWOOD VILLAGEDetached, FreeholdArea: 83.89 Sq.mtrAge: 1930-1949	13 Sep 2010	£55,000	First Sale
2, NORTH FARM PEGSWOOD VILLAGETerraced, FreeholdArea: 135 Sq.mtrAge: 2007 onwards	21 Jun 2010	£235,000	71.85%
	18 Jun 2009	£136,750	First Sale
6, NORTH FARM PEGSWOOD VILLAGETerraced, FreeholdArea: 147.85 Sq.mtrAge: 2003-2006	18 Jun 2009	£136,750	First Sale
4, NORTH FARM PEGSWOOD VILLAGETerraced, FreeholdArea: 132 Sq.mtrAge: 2007-2011	18 Jun 2009	£136,750	First Sale
3, NORTH FARM PEGSWOOD VILLAGETerraced, FreeholdArea: 156 Sq.mtrAge: 2003-2006	18 Jun 2009	£136,750	First Sale
8, NORTH FARM PEGSWOOD VILLAGETerraced, FreeholdArea: 152 Sq.mtrAge: 1983-1990	18 Jun 2009	£136,750	First Sale
5, NORTH FARM PEGSWOOD VILLAGETerraced, Freehold	09 May 2008	£270,000	First Sale
7, NORTH FARM PEGSWOOD VILLAGETerraced, Freehold	21 Aug 2006	£235,000	First Sale

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

PEGSWOOD VILLAGE, NE61 6RE Near By properties

Interactive Map

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

Detached
- The average price is around £151,738 median price is £145,000 Standard Deviation is £80,835 with Total Sold: 486
- The Last 5 Year average price is £241,117 with Total Sold: 91
- The most recent sale happened at this postcode is , 7 HAREWOOD GARDENS: £250,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 12 CHEVIOT GROVE: £41,950 (Sold on 28 Feb 1995)
Semi-Detached
- The average price is around £89,358 median price is £85,000 Standard Deviation is £46,828 with Total Sold: 581
- The Last 5 Year average price is £132,703 with Total Sold: 120
- The most recent sale happened at this postcode is 6, THE PADDOCKS HIGH ONSTEAD: £225,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 16 SHADFEN CRESCENT: £26,000 (Sold on 10 Mar 1995)
Terraced
- The average price is around £78,841 median price is £78,250 Standard Deviation is £42,102 with Total Sold: 364
- The Last 5 Year average price is £116,185 with Total Sold: 65
- The most recent sale happened at this postcode is , 43 SHADFEN CRESCENT: £89,950 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 7 CASTLEWAY: £21,000 (Sold on 24 Mar 1995)
Other
- The average price is around £219,401 median price is £137,650 Standard Deviation is £227,711 with Total Sold: 16
- The Last 5 Year average price is £118,313 with Total Sold: 9
- The most recent sale happened at this postcode is , NORTHSIDE LONGHIRST ROAD: £150,000 (Sold on 11 Jun 2024)
- The first recorded sale happened at this postcode is , 2 DE WALDEN TERRACE: £130,000 (Sold on 15 Jul 2005)
Flat
- The average price is around £38,088 median price is £30,000 Standard Deviation is £22,519 with Total Sold: 60
- The Last 5 Year average price is £38,722 with Total Sold: 9
- The most recent sale happened at this postcode is , 63 BAMBURGH DRIVE: £65,000 (Sold on 01 Dec 2023)
- The first recorded sale happened at this postcode is , 22 BAMBURGH DRIVE: £13,500 (Sold on 24 Feb 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£271,667	£2,926	3
2023	£281,999	£2,849	10
2022	£236,191	£2,735	13
2021	£249,384	£2,405	28
2020	£225,677	£2,434	22
2019	£219,235	£2,118	15
2018	£193,188	£1,936	13
2017	£191,614	£1,768	21
2016	£208,273	£1,595	11
2015	£223,300	£1,686	13
2014	£178,240	£1,633	10
2013	£186,571	£1,705	14
2012	£163,167	£1,739	6
2011	£134,542	£1,550	6
2010	£158,545	£1,519	10
2009	£155,000	£1,756	6
2008	£224,786	£1,496	7
2007	£203,726	£1,755	19
2006	£182,379	£1,748	17
2005	£177,044	£1,869	9
2004	£155,988	£1,593	13
2003	£138,733	£1,668	15
2002	£102,341	£1,009	42
2001	£93,898	£852	25
2000	£85,934	£880	41
1999	£75,477	£741	39
1998	£77,789	£841	18
1997	£66,939	£745	22
1996	£66,822	£681	16
1995	£37,975	£711	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£222,500		2
2023	£138,439	£2,031	25
2022	£133,541	£1,693	19
2021	£134,427	£1,840	25
2020	£135,157	£1,838	27
2019	£112,327	£1,224	22
2018	£105,552	£1,459	20
2017	£101,629	£1,238	19
2016	£108,254	£1,496	13
2015	£111,569	£1,505	13
2014	£100,938	£1,372	16
2013	£99,842	£1,319	13
2012	£90,357	£1,135	7
2011	£104,895	£1,528	10
2010	£112,342	£1,417	15
2009	£105,329	£1,316	12
2008	£108,536	£1,429	14
2007	£117,326	£1,491	21
2006	£108,730	£1,475	28
2005	£107,448	£1,551	24
2004	£103,243	£1,311	15
2003	£77,260	£956	20
2002	£56,864	£767	31
2001	£39,504	£570	27
2000	£46,205	£668	27
1999	£40,888	£594	30
1998	£40,048	£579	21
1997	£44,242	£581	25
1996	£43,420	£606	22
1995	£35,719	£491	18

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£107,290		5
2023	£114,163	£1,559	15
2022	£121,463	£1,528	14
2021	£139,780	£1,820	14
2020	£99,250	£1,225	8
2019	£94,633	£1,352	9
2018	£94,393	£1,199	14
2017	£84,324	£1,191	17
2016	£87,992	£1,385	12
2015	£82,450	£1,152	6
2014	£88,895	£1,250	19
2013	£82,312	£1,052	8
2012	£76,075	£991	6
2011	£91,542	£1,481	12
2010	£105,510	£1,340	10
2009	£104,312	£1,180	12
2008	£129,167	£1,408	6
2007	£109,400	£1,553	15
2006	£107,107	£1,209	14
2005	£92,900	£1,604	5
2004	£76,723	£1,425	19
2003	£65,333	£994	18
2002	£40,722	£703	18
2001	£33,764	£539	14
2000	£36,218	£523	11
1999	£34,759	£628	16
1998	£29,106	£484	9
1997	£32,625	£567	18
1996	£33,857	£468	7
1995	£28,535	£509	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£150,000		1
2023	£50,333	£1,327	3
2022	£51,910	£184	2
2021	£100,000		1
2020	£280,000	£5,091	1
2019	£280,000	£1,795	1
2018	£432,650	£5,471	2
2017	£107,650	£2,689	2
2016	£735,000		1
2015	£500,000	£3,196	1
2005	£130,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£65,000		1
2021	£32,375	£1,130	4
2019	£38,500	£1,051	4
2018	£30,000	£1,304	1
2017	£65,000	£1,111	2
2016	£21,500	£935	1
2015	£49,167	£839	3
2014	£18,000	£781	1
2013	£55,665	£917	3
2011	£26,000	£1,105	1
2010	£60,000	£742	2
2008	£77,000	£1,171	2
2006	£62,151	£1,652	3
2005	£57,750	£1,932	2
2004	£69,100	£1,215	4
2003	£32,225	£1,004	2
2002	£22,500	£749	3
2001	£22,000	£611	2
2000	£20,333	£486	3
1999	£19,000	£498	6
1997	£20,333	£464	3
1996	£18,875	£667	4
1995	£19,000	£492	3

House Type in NE61 6RE area

The most common house types in the NE61 6RE postcode area are Detached (148), Semi-detached (47), and Terraced (9).

Total	208
Detached	148
Semi-detached	47
Terraced	9
commercial building	4
Flat	0
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (91), and Owned: Owns outright (84).

Owned: Owns with a mortgage or loan	91
Owned: Owns outright	84
Private rented: Private landlord or letting agency	19
Private rented: Other private rented	5
Social rented: Other social rented	3
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE61 6RE have 2 people in household (83), and 1 person in household (45).

2 people in household	83
1 person in household	45
3 people in household	37
4 people in household	37
7 people in household	2
5 people in household	1
6 people in household	1
0 people in household	0
8 or more people in household	0