Housing Market Analysis for RIVERSIDE AVENUE, NE62 5PW

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £63,994 median price is £75,000 Standard Deviation is £20,223 with Total Sold: 9
    • The Last 5 Year average price is £72,812 with Total Sold: 4
    • The most recent sale happened at this postcode is 24 RIVERSIDE AVENUE: £77,500 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is 1 RIVERSIDE AVENUE: £27,000 (Sold on 30 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5PW 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£77,500 £1,174 1
2019£71,250 £1,085 3
2006£79,975 £1,173 2
2003£65,0001
1998£32,7501
1996£27,000 £396 1

All the Sales in the RIVERSIDE AVENUE, NE62 5PW

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

AddressSold DatePrice% Change
24 RIVERSIDE AVENUESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1950-196630 Jun 2023£77,500First Sale
22 RIVERSIDE AVENUESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-196610 Dec 2019£75,000First Sale
6 RIVERSIDE AVENUESemi-Detached, FreeholdArea: 60.15 Sq.mtrAge: 1950-196606 Dec 2019£83,750First Sale
10 RIVERSIDE AVENUESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1950-196628 Jun 2019£55,000First Sale
1 RIVERSIDE AVENUESemi-Detached, FreeholdArea: 68.16 Sq.mtrAge: 1950-196621 Apr 2006£84,95013.27%
21 Apr 2006£75,000177.78%
30 Aug 1996£27,000First Sale
9 RIVERSIDE AVENUESemi-Detached, Freehold21 Nov 2003£65,00098.47%
14 Aug 1998£32,750First Sale

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

RIVERSIDE AVENUE, NE62 5PW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £78,464 median price is £70,000 Standard Deviation is £38,133 with Total Sold: 442
    • The Last 5 Year average price is £97,373 with Total Sold: 85
    • 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)
  • Detached
    • The average price is around £121,950 median price is £96,300 Standard Deviation is £58,818 with Total Sold: 125
    • The Last 5 Year average price is £209,554 with Total Sold: 13
    • The most recent sale happened at this postcode is , 2 ORCHARD GARDENS: £264,950 (Sold on 14 Dec 2023)
    • The first recorded sale happened at this postcode is , 11 ACREFORD COURT: £70,500 (Sold on 08 Feb 1995)
  • Flat
    • The average price is around £60,940 median price is £60,250 Standard Deviation is £33,076 with Total Sold: 74
    • The Last 5 Year average price is £80,538 with Total Sold: 12
    • The most recent sale happened at this postcode is , 5 LABURNUM COURT: £72,500 (Sold on 14 Sep 2023)
    • 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 £69,643 median price is £68,500 Standard Deviation is £38,855 with Total Sold: 177
    • The Last 5 Year average price is £86,915 with Total Sold: 26
    • The most recent sale happened at this postcode is , 1 LINDISFARNE WALK: £65,000 (Sold on 12 May 2023)
    • The first recorded sale happened at this postcode is , 28 OLYMPIA AVENUE: £26,000 (Sold on 10 Nov 1995)
  • Other
    • The average price is around £131,857 median price is £100,000 Standard Deviation is £90,167 with Total Sold: 7
    • The Last 5 Year average price is £118,250 with Total Sold: 4
    • The most recent sale happened at this postcode is , 4 - 6 HIGH STREET: £100,000 (Sold on 21 Dec 2020)
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£72,500 £1,203 4
2023£106,857 £1,320 7
2022£112,908 £1,369 19
2021£102,869 £1,329 29
2020£81,931 £1,088 13
2019£80,396 £1,069 13
2018£100,125 £1,214 12
2017£83,028 £1,030 18
2016£103,487 £1,138 19
2015£93,568 £1,053 14
2014£76,261 £1,026 16
2013£78,627 £872 15
2012£87,800 £1,124 8
2011£83,143 £1,167 13
2010£83,050 £1,207 10
2009£107,750 £1,291 8
2008£111,357 £1,439 7
2007£100,656 £1,334 19
2006£86,251 £1,074 20
2005£104,231 £1,183 13
2004£78,165 £886 28
2003£71,009 £1,013 16
2002£48,300 £564 20
2001£44,488 £612 13
2000£49,161 £563 23
1999£52,292 £749 6
1998£39,552 £463 12
1997£49,143 £646 22
1996£25,107 £339 9
1995£43,094 £620 16
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£238,317 £1,972 3
2022£200,200 £2,170 5
2021£245,000 £2,415 2
2020£185,000 £1,425 2
2019£148,250 £1,808 1
2018£147,500 £1,536 2
2017£163,800 £1,934 5
2016£154,720 £1,629 5
2015£146,250 £1,706 4
2014£147,475 £1,959 2
2013£167,000 £1,120 1
2012£160,000 £1,538 1
2011£172,000 £1,870 3
2010£153,500 £1,809 2
2007£180,642 £1,919 7
2006£184,071 £1,978 7
2005£163,500 £2,153 4
2004£144,667 £1,685 3
2003£115,975 £1,392 2
2002£88,979 £962 5
2001£75,408 £928 6
2000£71,267 £703 9
1999£59,082 £687 6
1998£89,177 £794 12
1997£65,386 £755 14
1996£57,611 £811 4
1995£77,488 £698 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£55,750 £959 2
2022£64,333 £1,023 3
2021£45,000 £938 1
2020£72,000 £1,091 1
2019£108,990 £1,310 5
2018£58,150 £1,025 3
2017£61,000 £616 1
2016£64,000 £815 2
2015£45,000 £696 1
2014£57,500 £772 2
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£81,889 £1,334 9
2006£77,475 £1,183 4
2005£82,000 £1,237 3
2004£53,000 £659 2
2003£40,125 £741 6
2002£31,083 £545 6
2001£32,667 £518 3
2000£22,912 £431 4
1999£16,5001
1998£27,750 £430 2
1995£29,500 £537 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£67,750 £1,025 2
2022£99,583 £1,317 6
2021£100,575 £1,289 6
2020£81,000 £857 5
2019£74,050 £867 7
2018£103,850 £1,037 7
2017£77,200 £1,005 5
2016£72,950 £1,024 5
2015£73,650 £876 3
2014£52,375 £678 4
2013£79,167 £951 3
2012£74,000 £703 3
2011£78,333 £840 3
2010£87,475 £993 2
2009£56,333 £705 3
2008£88,167 £1,671 3
2007£106,406 £1,293 19
2006£86,928 £1,251 16
2005£105,733 £1,343 6
2004£74,271 £1,270 7
2003£45,350 £629 10
2002£45,987 £729 15
2001£41,212 £434 8
2000£26,342 £424 7
1999£34,366 £311 5
1998£25,994 £383 8
1997£33,736 £564 4
1996£26,950 £406 2
1995£20,983 £99 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£68,000 £500 2
2019£168,500 £1,187 2
2017£85,0001
2016£150,000 £1,199 1
2015£215,000 £2,312 1

House Type in NE62 5PW area

The most common house types in the NE62 5PW postcode area are Semi-detached (119), Terraced (2), and Detached (1).

Total122
Semi-detached119
Terraced2
Detached1
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (35), and Owned: Owns outright (31).

Social rented: Rents from council or Local Authority35
Owned: Owns outright31
Owned: Owns with a mortgage or loan25
Social rented: Other social rented21
Private rented: Private landlord or letting agency6
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE62 5PW have 2 people in household (45), and 1 person in household (31).

2 people in household45
1 person in household31
3 people in household24
4 people in household21
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0