Housing Market Analysis for OLYMPIA AVENUE, NE62 5DS

Are you looking to understand NE62 5DS 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 NE62 5DS area, explore the NE62 5DS Area information page.
For comprehensive crime statistics in the NE62 5DS area, explore the NE62 5DS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE62 5DS postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £71,167 median price is £70,500 Standard Deviation is £6,956 with Total Sold: 3
    • The Last 5 Year average price is £70,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 OLYMPIA AVENUE: £70,500 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is 8 OLYMPIA AVENUE: £80,000 (Sold on 20 Apr 2011)
  • Semi-Detached
    • The average price is around £128,000 median price is £128,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £128,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 OLYMPIA AVENUE: £128,000 (Sold on 13 Dec 2022)
    • The first recorded sale happened at this postcode is 2 OLYMPIA AVENUE: £128,000 (Sold on 13 Dec 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5DS 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£70,500 £949 1
2016£63,000 £863 1
2011£80,000 £1,076 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£128,000 £1,641 1

All the Sales in the OLYMPIA AVENUE, NE62 5DS

See the table below for more details on the sold house prices in the NE62 5DS, Northumberland postcode.

AddressSold DatePrice% Change
8 OLYMPIA AVENUETerraced, FreeholdArea: 74.32 Sq.mtrAge: 1950-196610 Feb 2023£70,500-11.88%
20 Apr 2011£80,000First Sale
2 OLYMPIA AVENUESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-196613 Dec 2022£128,000First Sale
12 OLYMPIA AVENUETerraced, FreeholdArea: 73 Sq.mtrAge: 1950-196604 Nov 2016£63,000First Sale

Check out the sold house prices near the NE62 5DS postcode. Properties currently for saleProperties currently for rent

OLYMPIA AVENUE, NE62 5DS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE62 5DS 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 NE62 5DS postcode.

  • Flat
    • The average price is around £48,111 median price is £37,000 Standard Deviation is £31,288 with Total Sold: 120
    • The Last 5 Year average price is £52,050 with Total Sold: 24
    • The most recent sale happened at this postcode is , 122 WOODHORN DRIVE: £20,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 LABURNUM COURT: £29,500 (Sold on 07 Apr 1995)
  • Terraced
    • The average price is around £69,801 median price is £65,000 Standard Deviation is £39,334 with Total Sold: 398
    • The Last 5 Year average price is £89,970 with Total Sold: 56
    • The most recent sale happened at this postcode is , 3 BACK MOWBRAY TERRACE: £80,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 ALVESTON CLOSE: £55,200 (Sold on 03 Apr 1995)
  • Detached
    • The average price is around £136,304 median price is £142,000 Standard Deviation is £62,832 with Total Sold: 241
    • The Last 5 Year average price is £196,357 with Total Sold: 30
    • The most recent sale happened at this postcode is , 19 MOWBRAY COURT: £250,000 (Sold on 23 May 2024)
    • The first recorded sale happened at this postcode is , 1 ALVESTON CLOSE: £64,950 (Sold on 09 Jan 1995)
  • Semi-Detached
    • The average price is around £81,999 median price is £70,100 Standard Deviation is £40,255 with Total Sold: 813
    • The Last 5 Year average price is £106,056 with Total Sold: 136
    • The most recent sale happened at this postcode is , 12 WELBECK ROAD: £39,999 (Sold on 02 May 2024)
    • The first recorded sale happened at this postcode is , 9 ACREFORD COURT: £55,950 (Sold on 25 Jan 1995)
  • Other
    • The average price is around £119,945 median price is £115,000 Standard Deviation is £84,425 with Total Sold: 10
    • The Last 5 Year average price is £103,242 with Total Sold: 6
    • The most recent sale happened at this postcode is , 1 ADMINGTON COURT: £139,950 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , 31 THE SQUARE: £215,000 (Sold on 15 Jun 2015)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£17,7502
2023£55,750 £959 2
2022£44,958 £875 6
2021£31,000 £819 3
2020£41,333 £899 3
2019£76,931 £1,096 8
2018£47,590 £1,008 5
2017£39,500 £761 3
2016£44,600 £927 5
2015£29,467 £683 3
2014£50,667 £955 3
2013£50,500 £868 2
2012£75,225 £982 2
2010£72,000 £1,126 1
2009£77,000 £1,128 4
2008£90,300 £1,190 3
2007£75,114 £1,349 11
2006£64,047 £1,253 6
2005£62,000 £1,256 6
2004£41,564 £965 7
2003£36,344 £751 8
2002£31,429 £609 7
2001£32,667 £518 3
2000£20,081 £481 8
1999£16,5001
1998£27,750 £430 2
1997£10,250 £297 4
1995£23,000 £526 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£80,0001
2023£109,583 £1,344 6
2022£104,056 £1,380 9
2021£91,030 £1,156 15
2020£81,989 £1,010 14
2019£77,364 £952 11
2018£87,389 £987 14
2017£74,889 £919 9
2016£76,389 £944 14
2015£84,300 £1,117 5
2014£59,806 £790 8
2013£77,700 £981 5
2012£67,357 £736 7
2011£70,333 £841 6
2010£76,343 £990 7
2009£71,167 £922 9
2008£114,707 £1,868 7
2007£116,565 £1,449 37
2006£88,041 £1,250 32
2005£92,900 £1,131 16
2004£83,096 £1,328 14
2003£51,854 £691 26
2002£44,976 £718 27
2001£40,869 £539 18
2000£30,703 £461 16
1999£29,462 £384 14
1998£29,115 £420 15
1997£33,140 £586 10
1996£33,722 £550 9
1995£33,065 £510 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£219,000 £2,238 2
2023£197,912 £1,972 12
2022£200,167 £2,210 6
2021£211,875 £1,933 4
2020£188,333 £1,581 3
2019£154,750 £1,547 3
2018£181,667 £1,454 3
2017£166,667 £1,633 12
2016£164,678 £1,645 9
2015£152,000 £1,616 6
2014£159,483 £1,660 9
2013£176,483 £1,316 3
2012£179,167 £1,556 3
2011£172,750 £1,842 4
2010£153,500 £1,809 2
2009£102,412 £1,149 4
2007£184,937 £1,957 16
2006£203,436 £1,863 21
2005£195,532 £1,803 11
2004£157,790 £1,700 5
2003£118,850 £1,375 9
2002£88,316 £983 6
2001£73,744 £904 8
2000£76,564 £701 14
1999£61,388 £702 9
1998£83,354 £765 17
1997£66,647 £756 16
1996£63,977 £749 11
1995£72,116 £674 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£72,500 £1,203 4
2023£128,000 £1,559 16
2022£120,787 £1,497 27
2021£107,910 £1,376 48
2020£88,928 £1,113 20
2019£88,864 £1,113 21
2018£107,957 £1,278 21
2017£89,296 £1,175 27
2016£105,898 £1,228 26
2015£98,973 £1,156 22
2014£88,036 £1,086 23
2013£84,909 £975 23
2012£94,261 £1,262 9
2011£91,589 £1,239 21
2010£89,868 £1,271 17
2009£99,808 £1,269 13
2008£130,411 £1,653 16
2007£114,351 £1,468 38
2006£107,643 £1,243 45
2005£110,222 £1,337 20
2004£81,976 £990 41
2003£79,365 £1,051 35
2002£51,318 £653 42
2001£50,850 £655 29
2000£49,348 £556 41
1999£46,974 £610 27
1998£47,742 £599 37
1997£50,003 £635 42
1996£40,718 £465 30
1995£44,654 £610 32
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£139,950 £2,502 1
2020£68,000 £500 2
2019£114,500 £1,187 3
2017£107,5002
2016£150,000 £1,199 1
2015£215,000 £2,312 1

House Type in NE62 5DS area

The most common house types in the NE62 5DS postcode area are Semi-detached (52), Flat (52), and Terraced (14).

Total124
Semi-detached52
Flat52
Terraced14
commercial building5
converted building1
Detached0
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (25), and Owned: Owns outright (24).

Social rented: Other social rented25
Owned: Owns outright24
Social rented: Rents from council or Local Authority24
Private rented: Private landlord or letting agency24
Owned: Owns with a mortgage or loan22
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE62 5DS have 1 person in household (63), and 2 people in household (34).

1 person in household63
2 people in household34
3 people in household16
4 people in household7
5 people in household2
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0