Housing Market Analysis for LOUVAIN TERRACE, NE62 5QU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £50,720 median price is £44,100 Standard Deviation is £25,896 with Total Sold: 10
    • The Last 5 Year average price is £71,167 with Total Sold: 3
    • The most recent sale happened at this postcode is 11 LOUVAIN TERRACE: £96,500 (Sold on 14 Oct 2021)
    • The first recorded sale happened at this postcode is 9 LOUVAIN TERRACE: £33,200 (Sold on 07 Dec 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5QU 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
2021£79,250 £1,058 2
2020£55,000 £764 1
2018£55,000 £688 1
2006£95,000 £1,234 1
2002£27,500 £344 1
1999£27,667 £392 3
1998£33,200 £400 1

All the Sales in the LOUVAIN TERRACE, NE62 5QU

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

AddressSold DatePrice% Change
11 LOUVAIN TERRACETerraced, FreeholdArea: 72 Sq.mtrAge: 1900-192914 Oct 2021£96,50075.45%
12 Nov 2020£55,000First Sale
3 LOUVAIN TERRACETerraced, FreeholdArea: 80 Sq.mtrAge: 1900-192918 May 2021£62,00012.73%
08 Aug 2018£55,000100.00%
09 Aug 2002£27,500First Sale
5 LOUVAIN TERRACETerraced, LeaseholdArea: 77 Sq.mtrAge: 1930-194916 Nov 2006£95,000First Sale
6 LOUVAIN TERRACETerraced, Freehold03 Dec 1999£27,500First Sale
2 LOUVAIN TERRACETerraced, Freehold29 Oct 1999£23,000First Sale
10 LOUVAIN TERRACETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-192920 Aug 1999£32,500First Sale
9 LOUVAIN TERRACETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-192907 Dec 1998£33,200First Sale

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

LOUVAIN TERRACE, NE62 5QU Near By properties

Interactive Map

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

  • 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 £67,784 median price is £65,000 Standard Deviation is £37,261 with Total Sold: 395
    • The Last 5 Year average price is £86,654 with Total Sold: 54
    • 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 £138,534 median price is £145,000 Standard Deviation is £62,908 with Total Sold: 191
    • The Last 5 Year average price is £195,053 with Total Sold: 29
    • 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 £82,573 median price is £71,500 Standard Deviation is £41,297 with Total Sold: 718
    • The Last 5 Year average price is £106,376 with Total Sold: 118
    • 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 , 25 COLERIDGE DRIVE: £47,450 (Sold on 24 Feb 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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£16,5001
1998£27,750 £430 2
1997£10,500 £337 6
1995£23,000 £526 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£80,0001
2023£108,714 £1,662 7
2022£104,056 £1,380 9
2021£81,458 £1,138 13
2020£76,296 £1,014 13
2019£77,364 £952 11
2018£83,650 £930 13
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£110,614 £1,443 34
2006£89,009 £1,279 33
2005£92,900 £1,131 16
2004£85,608 £1,359 13
2003£50,415 £677 27
2002£42,171 £690 26
2001£42,038 £560 17
2000£31,838 £461 17
1999£30,413 £411 17
1998£29,115 £420 15
1997£30,378 £550 9
1996£30,455 £550 10
1995£33,065 £510 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£219,000 £2,238 2
2023£196,782 £2,028 14
2022£211,820 £1,965 5
2021£178,750 £1,450 2
2020£184,000 £1,882 3
2019£165,000 £1,492 3
2018£173,750 £1,451 4
2017£163,222 £1,483 9
2016£166,083 £1,480 6
2015£152,400 £1,477 5
2014£136,990 £1,812 10
2013£176,483 £1,316 3
2012£188,750 £1,565 2
2011£175,000 £1,758 1
2009£102,412 £1,149 4
2008£230,000 £1,655 1
2007£187,950 £1,963 10
2006£203,657 £1,785 17
2005£193,485 £1,624 10
2004£168,488 £1,700 4
2003£125,870 £1,256 10
2002£99,624 £959 4
2001£61,750 £809 4
2000£69,389 £647 9
1999£59,349 £688 7
1998£77,353 £687 13
1997£68,493 £692 13
1996£63,700 £728 9
1995£60,802 £533 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£110,143 £1,677 7
2023£129,192 £1,559 13
2022£116,802 £1,441 24
2021£108,368 £1,382 40
2020£82,766 £1,031 19
2019£92,760 £1,100 15
2018£109,268 £1,276 19
2017£99,333 £1,208 27
2016£111,233 £1,280 23
2015£94,570 £1,094 20
2014£84,964 £1,015 19
2013£87,134 £959 22
2012£88,294 £1,196 8
2011£97,139 £1,262 18
2010£90,054 £1,218 14
2009£92,773 £1,155 11
2008£129,313 £1,575 13
2007£114,253 £1,453 33
2006£109,054 £1,225 38
2005£114,603 £1,307 19
2004£87,913 £1,002 37
2003£75,572 £942 32
2002£49,804 £641 38
2001£50,570 £623 29
2000£49,291 £548 38
1999£47,262 £553 25
1998£47,510 £593 34
1997£50,590 £639 33
1996£41,782 £491 28
1995£43,065 £603 22
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£139,950 £2,502 1
2023£26,000 £838 1
2020£68,000 £500 2
2019£21,750 £544 2
2017£107,5002
2016£150,000 £1,199 1
2015£215,000 £2,312 1

House Type in NE62 5QU area

The most common house types in the NE62 5QU postcode area are Semi-detached (50), Detached (46), and Terraced (46).

Total145
Semi-detached50
Detached46
Terraced46
Flat2
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright57
Owned: Owns with a mortgage or loan53
Private rented: Private landlord or letting agency30
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE62 5QU have 2 people in household (60), and 1 person in household (37).

2 people in household60
1 person in household37
3 people in household25
4 people in household15
6 people in household3
5 people in household2
0 people in household0
7 people in household0
8 or more people in household0