Housing Market Analysis for FAIRWAY, NE62 5LB

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £90,761 median price is £97,000 Standard Deviation is £39,855 with Total Sold: 19
    • The Last 5 Year average price is £136,875 with Total Sold: 4
    • The most recent sale happened at this postcode is 21 FAIRWAY: £161,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is 27 FAIRWAY: £150,000 (Sold on 02 Aug 2024)
  • Detached
    • The average price is around £165,000 median price is £165,000 Standard Deviation is £0 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 FAIRWAY: £165,000 (Sold on 18 Mar 2005)
    • The first recorded sale happened at this postcode is 3 FAIRWAY: £165,000 (Sold on 18 Mar 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5LB 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
2023£161,000 £2,091 1
2021£124,000 £1,550 1
2020£112,500 £1,389 1
2018£126,500 £1,749 1
2013£116,750 £1,395 2
2011£97,000 £1,341 1
2010£122,000 £1,436 1
2006£133,000 £1,727 1
2002£67,975 £719 2
2000£51,6673
1999£45,000 £584 1
1998£48,0001
1997£40,0001
1995£41,000 £567 1
2024£150,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£165,0002

All the Sales in the FAIRWAY, NE62 5LB

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

AddressSold DatePrice% Change
21 FAIRWAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-197528 Jul 2023£161,00021.05%
27 Jul 2006£133,000195.56%
03 Dec 1999£45,000First Sale
13 FAIRWAYSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-196626 Nov 2021£124,000First Sale
35 FAIRWAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-196619 Jun 2020£112,500First Sale
23 FAIRWAYSemi-Detached, LeaseholdArea: 72.33 Sq.mtrAge: 1950-196603 Oct 2018£126,50012.44%
24 Jul 2013£112,50015.98%
12 Sep 2011£97,000136.59%
17 Mar 1995£41,000First Sale
39 FAIRWAYSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1967-197515 Oct 2013£121,000First Sale
45 FAIRWAYSemi-Detached, FreeholdArea: 84.95 Sq.mtrAge: 1967-197517 Dec 2010£122,000First Sale
3 FAIRWAYDetached, Freehold18 Mar 2005£165,0000.0
18 Mar 2005£165,000First Sale
5 FAIRWAYSemi-Detached, Freehold26 Jul 2002£70,00028.44%
31 Jul 2000£54,500First Sale
11 FAIRWAYSemi-Detached, LeaseholdArea: 91.75 Sq.mtrAge: 1950-196607 Mar 2002£65,950First Sale
27 FAIRWAYSemi-Detached, Freehold07 Sep 2000£56,500-62.33%
02 Aug 2024£150,000First Sale
4 FAIRWAYSemi-Detached, Freehold21 Jan 2000£44,000First Sale
2 FAIRWAYSemi-Detached, Freehold20 Mar 1998£48,000First Sale
19 FAIRWAYSemi-Detached, Freehold15 Aug 1997£40,000First Sale

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

FAIRWAY, NE62 5LB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £143,751 median price is £153,000 Standard Deviation is £63,938 with Total Sold: 195
    • The Last 5 Year average price is £194,291 with Total Sold: 39
    • The most recent sale happened at this postcode is , 20 WANSBECK AVENUE: £180,000 (Sold on 12 Sep 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 £98,913 median price is £105,000 Standard Deviation is £44,925 with Total Sold: 1,268
    • The Last 5 Year average price is £141,315 with Total Sold: 240
    • 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 , 17 BEVERLEY DRIVE: £47,500 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £29,482 median price is £28,750 Standard Deviation is £17,307 with Total Sold: 226
    • The Last 5 Year average price is £27,064 with Total Sold: 39
    • 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 , 36 GLENDALE AVENUE: £16,500 (Sold on 07 Apr 1995)
  • Terraced
    • The average price is around £88,137 median price is £83,750 Standard Deviation is £44,234 with Total Sold: 388
    • The Last 5 Year average price is £118,061 with Total Sold: 68
    • The most recent sale happened at this postcode is , 188 ASHINGTON DRIVE: £120,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 ALVESTON CLOSE: £55,200 (Sold on 03 Apr 1995)
  • Other
    • The average price is around £106,741 median price is £68,000 Standard Deviation is £91,750 with Total Sold: 11
    • The Last 5 Year average price is £132,562 with Total Sold: 8
    • The most recent sale happened at this postcode is , 10 GRANVILLE GARDENS: £190,000 (Sold on 12 Jul 2023)
    • The first recorded sale happened at this postcode is 1, RIVERSDALE HOUSE : £68,000 (Sold on 15 Sep 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£223,250 £2,238 4
2023£204,375 £2,052 16
2022£194,367 £1,775 3
2021£173,250 £1,729 5
2020£184,000 £1,795 5
2019£174,167 £1,817 6
2018£165,400 £1,499 5
2017£163,778 £1,446 9
2016£183,917 £1,702 6
2015£154,250 £1,433 4
2014£128,544 £1,578 9
2013£137,725 £1,737 2
2012£152,000 £1,484 6
2009£122,000 £1,246 4
2008£174,975 £1,915 4
2007£191,833 £1,851 9
2006£207,101 £1,865 16
2005£195,069 £1,449 13
2004£119,975 £1,574 2
2003£136,391 £1,128 12
2002£82,125 £629 4
2001£71,286 £671 7
2000£70,250 £569 10
1999£62,236 £797 4
1998£50,673 £633 11
1997£62,488 £671 4
1996£58,044 £796 8
1995£56,730 £573 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,897 £2,363 15
2023£150,871 £1,894 45
2022£150,987 £1,891 43
2021£145,589 £1,909 49
2020£121,463 £1,490 45
2019£130,719 £1,602 43
2018£126,174 £1,557 43
2017£122,147 £1,467 38
2016£119,379 £1,457 47
2015£116,472 £1,434 32
2014£119,926 £1,334 37
2013£99,040 £1,208 30
2012£110,592 £1,479 26
2011£116,091 £1,402 32
2010£111,572 £1,417 23
2009£107,178 £1,366 32
2008£141,804 £1,616 28
2007£136,938 £1,639 50
2006£130,763 £1,595 50
2005£124,861 £1,540 39
2004£106,635 £1,389 48
2003£83,862 £1,189 53
2002£59,854 £686 48
2001£54,292 £687 52
2000£48,127 £599 67
1999£47,968 £590 55
1998£43,386 £606 51
1997£46,764 £565 46
1996£42,410 £525 59
1995£45,082 £545 42
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£23,375 £996 4
2023£27,188 £941 8
2022£28,219 £878 8
2021£27,375 £875 6
2020£27,286 £846 7
2019£27,250 £842 6
2018£32,000 £993 3
2017£29,220 £888 10
2016£29,702 £906 9
2015£30,040 £677 10
2014£20,900 £672 10
2013£29,667 £632 3
2012£24,500 £757 2
2011£33,993 £1,040 7
2010£27,625 £979 4
2009£40,360 £956 5
2008£42,462 £1,406 8
2007£41,477 £1,376 11
2006£61,200 £1,455 5
2005£54,930 £1,294 15
2004£30,419 £953 26
2003£20,375 £694 24
2002£19,935 £503 10
2001£13,625 £381 4
2000£17,571 £529 7
1999£12,775 £409 2
1998£10,000 £357 1
1997£10,286 £331 7
1996£11,000 £367 1
1995£17,667 £525 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,600 £3,254 5
2023£129,750 £2,026 10
2022£127,000 £1,563 10
2021£98,261 £1,297 18
2020£119,563 £1,381 15
2019£114,550 £1,465 10
2018£101,330 £1,463 15
2017£115,950 £1,263 11
2016£105,288 £1,222 12
2015£107,627 £1,175 11
2014£112,290 £1,302 5
2013£81,000 £1,075 1
2012£104,300 £1,327 5
2011£90,875 £914 4
2010£118,600 £1,595 5
2009£100,493 £1,229 7
2008£121,800 £1,458 10
2007£128,877 £1,491 27
2006£114,254 £1,485 23
2005£105,068 £1,486 17
2004£99,324 £1,239 23
2003£68,786 £926 18
2002£52,325 £717 18
2001£45,535 £607 20
2000£43,653 £520 15
1999£42,215 £545 13
1998£44,221 £571 22
1997£42,538 £540 13
1996£32,186 £503 14
1995£39,606 £674 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£108,000 £1,653 2
2022£182,500 £4,453 2
2021£174,0002
2019£65,750 £1,453 2
2017£37,883 £2,519 3

House Type in NE62 5LB area

The most common house types in the NE62 5LB postcode area are Semi-detached (113), Detached (14), and Terraced (0).

Total127
Semi-detached113
Detached14
Terraced0
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 (80), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright80
Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency6
Social rented: Rents from council or Local Authority2
Social rented: Other social rented2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE62 5LB have 2 people in household (51), and 1 person in household (44).

2 people in household51
1 person in household44
3 people in household23
4 people in household7
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0