Housing Market Analysis for OLYMPIA AVENUE, NE62 5DU

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £67,608 median price is £69,950 Standard Deviation is £20,955 with Total Sold: 31
- The Last 5 Year average price is £82,278 with Total Sold: 9
- The most recent sale happened at this postcode is 43 OLYMPIA AVENUE: £95,000 (Sold on 28 Oct 2022)
- The first recorded sale happened at this postcode is 54 OLYMPIA AVENUE: £13,395 (Sold on 13 May 1996)
Terraced
- The average price is around £53,384 median price is £50,250 Standard Deviation is £23,776 with Total Sold: 10
- The most recent sale happened at this postcode is 44 OLYMPIA AVENUE: £84,950 (Sold on 15 May 2018)
- The first recorded sale happened at this postcode is 28 OLYMPIA AVENUE: £26,000 (Sold on 10 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5DU 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£93,500	£1,185	3
2021	£75,500	£916	2
2020	£77,167	£1,024	3
2019	£77,500	£1,148	1
2018	£75,250	£1,057	2
2017	£76,667	£1,055	3
2016	£66,500	£964	1
2015	£70,500	£1,044	1
2014	£60,500	£937	2
2011	£60,000		1
2008	£86,000	£1,303	1
2007	£42,500	£644	1
2005	£88,000	£1,048	1
2004	£68,667	£844	3
2003	£64,475		2
2002	£36,000	£545	1
2001	£28,000	£372	2
1996	£13,395		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£84,950	£975	1
2010	£75,000	£860	1
2009	£80,000	£930	1
2007	£46,500	£620	1
2006	£81,950	£1,205	1
2003	£54,000	£794	1
2001	£30,500		1
2000	£27,995	£467	1
1998	£26,950		1
1995	£26,000		1

All the Sales in the OLYMPIA AVENUE, NE62 5DU

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

Address	Sold Date	Price	% Change
43 OLYMPIA AVENUESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	28 Oct 2022	£95,000	First Sale
63 OLYMPIA AVENUESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1950-1966	25 Mar 2022	£69,500	First Sale
41 OLYMPIA AVENUESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	14 Feb 2022	£116,000	First Sale
36 OLYMPIA AVENUESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	10 Sep 2021	£77,000	First Sale
39 OLYMPIA AVENUESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	23 Apr 2021	£74,000	-15.91%
	28 Oct 2005	£88,000	First Sale
53 OLYMPIA AVENUESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1930-1949	11 Dec 2020	£70,000	First Sale
30 OLYMPIA AVENUESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1930-1949	27 Mar 2020	£80,000	First Sale
37 OLYMPIA AVENUESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1976-1982	17 Mar 2020	£81,500	20.74%
	19 Aug 2004	£67,500	First Sale
57 OLYMPIA AVENUESemi-Detached, FreeholdArea: 67.51 Sq.mtrAge: 1950-1966	10 Dec 2019	£77,500	-1.90%
	10 Mar 2017	£79,000	12.06%
	23 Oct 2015	£70,500	First Sale
32 OLYMPIA AVENUESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	29 Nov 2018	£83,000	159.38%
	28 Mar 2001	£32,000	First Sale
44 OLYMPIA AVENUETerraced, FreeholdArea: 87.16 Sq.mtrAge: 1950-1966	15 May 2018	£84,950	13.27%
	20 Aug 2010	£75,000	-6.25%
	30 Jan 2009	£80,000	First Sale
26 OLYMPIA AVENUESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1930-1949	01 Feb 2018	£67,500	First Sale
47 OLYMPIA AVENUESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1950-1966	24 Nov 2017	£68,000	-20.93%
	19 May 2008	£86,000	102.35%
	19 Jan 2007	£42,500	18.06%
	02 Oct 2002	£36,000	50.00%
	21 Sep 2001	£24,000	First Sale
58 OLYMPIA AVENUESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	10 May 2017	£83,000	First Sale
55 OLYMPIA AVENUESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1950-1966	10 Jun 2016	£66,500	0.76%
	01 May 2014	£66,000	First Sale
20 OLYMPIA AVENUESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1930-1949	28 Oct 2014	£55,000	-32.89%
	15 Nov 2006	£81,950	51.76%
	19 Dec 2003	£54,000	92.89%
	14 Nov 2000	£27,995	First Sale
35 OLYMPIA AVENUESemi-Detached, Freehold	08 Apr 2011	£60,000	First Sale
33 OLYMPIA AVENUETerraced, FreeholdArea: 75 Sq.mtrAge: 1950-1966	03 Dec 2007	£46,500	First Sale
49 OLYMPIA AVENUESemi-Detached, Freehold	06 Aug 2004	£85,500	61.32%
49 OLYMPIA AVENUESemi-Detached, Freehold	15 Mar 2004	£53,000	First Sale
52 OLYMPIA AVENUESemi-Detached, Freehold	05 Dec 2003	£69,950	First Sale
61 OLYMPIA AVENUESemi-Detached, Freehold	28 Mar 2003	£59,000	First Sale
28 OLYMPIA AVENUETerraced, Freehold	29 Jun 2001	£30,500	13.17%
	18 May 1998	£26,950	3.65%
	10 Nov 1995	£26,000	First Sale
54 OLYMPIA AVENUESemi-Detached, Freehold	13 May 1996	£13,395	First Sale

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

OLYMPIA AVENUE, NE62 5DU Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £84,699 median price is £75,000 Standard Deviation is £45,071 with Total Sold: 825
- The Last 5 Year average price is £112,103 with Total Sold: 150
- The most recent sale happened at this postcode is , 4 MITFORD GARDENS: £138,500 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 25 COLERIDGE DRIVE: £47,450 (Sold on 24 Feb 1995)
Flat
- The average price is around £39,343 median price is £32,500 Standard Deviation is £21,062 with Total Sold: 158
- The Last 5 Year average price is £36,023 with Total Sold: 32
- 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 £69,385 median price is £65,250 Standard Deviation is £38,166 with Total Sold: 402
- The Last 5 Year average price is £91,259 with Total Sold: 60
- 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 £139,499 median price is £146,625 Standard Deviation is £65,265 with Total Sold: 192
- The Last 5 Year average price is £196,373 with Total Sold: 26
- 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)
Other
- The average price is around £92,545 median price is £92,500 Standard Deviation is £63,383 with Total Sold: 10
- The Last 5 Year average price is £57,575 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£113,357	£1,677	7
2023	£125,031	£1,529	16
2022	£119,733	£1,478	29
2021	£120,042	£1,436	52
2020	£93,825	£1,174	24
2019	£93,416	£1,152	22
2018	£109,252	£1,321	24
2017	£94,054	£1,210	28
2016	£107,624	£1,249	23
2015	£100,100	£1,169	24
2014	£88,788	£1,081	22
2013	£99,998	£991	25
2012	£101,096	£1,319	14
2011	£98,493	£1,319	19
2010	£87,850	£1,191	15
2009	£96,767	£1,294	15
2008	£129,098	£1,634	16
2007	£116,287	£1,444	38
2006	£106,683	£1,207	41
2005	£109,566	£1,356	22
2004	£84,282	£1,012	41
2003	£78,902	£986	33
2002	£49,741	£658	41
2001	£50,915	£652	29
2000	£48,091	£544	38
1999	£52,110	£584	30
1998	£46,371	£578	38
1997	£50,322	£650	40
1996	£40,484	£449	32
1995	£41,238	£543	27

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£19,500	£742	3
2023	£37,750	£955	6
2022	£38,068	£907	11
2021	£31,000	£819	3
2020	£36,375	£842	4
2019	£42,100	£871	5
2018	£45,075	£1,009	6
2017	£34,350	£873	7
2016	£42,000	£885	6
2015	£30,475	£774	4
2014	£43,750	£876	4
2013	£43,333	£881	3
2012	£49,862	£870	4
2011	£29,000	£915	1
2010	£54,500	£1,141	2
2009	£50,600	£1,102	5
2008	£44,550	£1,308	5
2007	£67,705	£1,312	11
2006	£64,047	£1,253	6
2005	£55,556	£1,289	9
2004	£37,795	£922	10
2003	£32,575	£691	10
2002	£31,429	£609	7
2001	£28,000	£539	4
2000	£19,514	£500	11
1999	£16,500		1
1998	£27,750	£430	2
1997	£10,500	£337	6
1995	£23,000	£526	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£80,000		1
2023	£108,714	£1,662	7
2022	£110,650	£1,444	10
2021	£93,622	£1,261	18
2020	£76,296	£1,014	13
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	£75,562	£857	8
2011	£70,333	£841	6
2010	£76,343	£990	7
2009	£71,167	£922	9
2008	£114,707	£1,868	7
2007	£110,367	£1,457	35
2006	£88,041	£1,250	32
2005	£92,900	£1,131	16
2004	£87,219	£1,427	13
2003	£50,415	£677	27
2002	£44,084	£713	28
2001	£42,038	£560	17
2000	£30,703	£461	16
1999	£28,132	£374	15
1998	£29,115	£420	15
1997	£33,140	£586	10
1996	£33,722	£550	9
1995	£33,065	£510	17

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£219,000	£2,238	2
2023	£189,995	£1,903	11
2022	£233,500	£2,425	6
2021	£178,750	£1,450	2
2020	£177,500	£1,577	2
2019	£154,750	£1,547	3
2018	£181,667	£1,454	3
2017	£163,222	£1,483	9
2016	£164,586	£1,533	7
2015	£152,400	£1,477	5
2014	£158,535	£1,666	10
2013	£176,483	£1,316	3
2012	£188,750	£1,565	2
2011	£173,000	£1,646	2
2010	£167,000	£1,464	1
2009	£102,412	£1,149	4
2007	£184,500	£1,941	11
2006	£202,065	£1,792	18
2005	£193,085	£1,686	10
2004	£168,488	£1,700	4
2003	£123,467	£1,256	9
2002	£93,736	£983	4
2001	£80,000	£832	6
2000	£79,375	£694	8
1999	£61,388	£702	9
1998	£82,720	£704	12
1997	£67,954	£758	14
1996	£67,537	£738	8
1995	£60,802	£533	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£139,950	£2,502	1
2023	£26,000	£838	1
2020	£68,000	£500	2
2019	£21,750	£544	2
2017	£107,500		2
2016	£150,000	£1,199	1
2015	£215,000	£2,312	1

House Type in NE62 5DU area

The most common house types in the NE62 5DU postcode area are Semi-detached (100), Terraced (19), and Detached (5).

Total	129
Semi-detached	100
Terraced	19
Detached	5
Flat	5
Shared house	0
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 (40), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright	40
Owned: Owns with a mortgage or loan	33
Private rented: Private landlord or letting agency	23
Social rented: Other social rented	16
Social rented: Rents from council or Local Authority	15
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE62 5DU have 2 people in household (48), and 1 person in household (44).

2 people in household	48
1 person in household	44
3 people in household	29
4 people in household	6
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0