Housing Market Analysis for SOUTH PARADE, NE62 5RB

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £103,723 median price is £87,500 Standard Deviation is £52,558 with Total Sold: 13
- The Last 5 Year average price is £185,000 with Total Sold: 2
- The most recent sale happened at this postcode is 1 SOUTH PARADE: £155,000 (Sold on 09 Aug 2023)
- The first recorded sale happened at this postcode is 5 SOUTH PARADE: £48,000 (Sold on 17 May 1996)
Detached
- The average price is around £186,000 median price is £186,000 Standard Deviation is £19,000 with Total Sold: 2
- The Last 5 Year average price is £205,000 with Total Sold: 1
- The most recent sale happened at this postcode is 13 SOUTH PARADE: £205,000 (Sold on 26 Aug 2022)
- The first recorded sale happened at this postcode is 15 SOUTH PARADE: £167,000 (Sold on 30 Aug 2013)
Terraced
- The average price is around £67,992 median price is £63,500 Standard Deviation is £21,130 with Total Sold: 6
- The Last 5 Year average price is £75,000 with Total Sold: 1
- The most recent sale happened at this postcode is 17 SOUTH PARADE: £75,000 (Sold on 22 Nov 2019)
- The first recorded sale happened at this postcode is 16 SOUTH PARADE: £59,950 (Sold on 15 Feb 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5RB 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
2023	£155,000	£1,303	1
2021	£215,000	£1,972	1
2018	£87,500	£803	1
2017	£176,000	£1,173	1
2016	£115,000	£966	1
2015	£90,000	£756	1
2013	£150,000		1
2002	£72,450	£546	2
2000	£67,500	£467	2
1997	£32,000		1
1996	£48,000	£414	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£205,000	£1,475	1
2013	£167,000	£1,120	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£75,000	£789	1
2007	£108,000	£1,137	1
2003	£60,000	£632	1
2002	£54,983	£657	3

All the Sales in the SOUTH PARADE, NE62 5RB

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

Address	Sold Date	Price	% Change
1 SOUTH PARADESemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1900-1929	09 Aug 2023	£155,000	34.78%
	15 Feb 2016	£115,000	27.78%
	02 Mar 2015	£90,000	First Sale
13 SOUTH PARADEDetached, FreeholdArea: 139 Sq.mtrAge: before 1900	26 Aug 2022	£205,000	First Sale
2 SOUTH PARADESemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1900-1929	18 Jun 2021	£215,000	145.71%
	14 Feb 2018	£87,500	First Sale
17 SOUTH PARADETerraced, FreeholdArea: 95 Sq.mtrAge: 1900-1929	22 Nov 2019	£75,000	-30.56%
	07 Jun 2007	£108,000	80.00%
	16 May 2003	£60,000	First Sale
11 SOUTH PARADESemi-Detached, FreeholdArea: 150 Sq.mtrAge: 1900-1929	21 Apr 2017	£176,000	120.14%
	04 Oct 2002	£79,950	14.21%
	20 Apr 2000	£70,000	First Sale
15 SOUTH PARADEDetached, FreeholdArea: 149.16 Sq.mtrAge: 1900-1929	30 Aug 2013	£167,000	First Sale
8 SOUTH PARADESemi-Detached, Freehold	19 Jul 2013	£150,000	130.77%
8 SOUTH PARADESemi-Detached, Freehold	04 Aug 2000	£65,000	First Sale
7 SOUTH PARADETerraced, FreeholdArea: 102 Sq.mtrAge: 1900-1929	30 Aug 2002	£67,000	First Sale
18 SOUTH PARADETerraced, Freehold	09 Aug 2002	£38,000	First Sale
5 SOUTH PARADESemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1900-1929	03 May 2002	£64,950	35.31%
	17 May 1996	£48,000	First Sale
16 SOUTH PARADETerraced, Freehold	15 Feb 2002	£59,950	First Sale
4 SOUTH PARADESemi-Detached, Freehold	31 Jan 1997	£32,000	First Sale

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

SOUTH PARADE, NE62 5RB Near By properties

Interactive Map

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

Terraced
- The average price is around £63,000 median price is £61,000 Standard Deviation is £35,241 with Total Sold: 280
- The Last 5 Year average price is £79,543 with Total Sold: 38
- 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 MOWBRAY TERRACE: £25,500 (Sold on 17 May 1995)
Semi-Detached
- The average price is around £78,110 median price is £69,975 Standard Deviation is £37,959 with Total Sold: 464
- The Last 5 Year average price is £100,459 with Total Sold: 80
- The most recent sale happened at this postcode is , 7 BROADWAY: £95,000 (Sold on 24 Apr 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 £182,345 median price is £150,000 Standard Deviation is £90,542 with Total Sold: 11
- The Last 5 Year average price is £203,684 with Total Sold: 7
- 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)
Detached
- The average price is around £123,373 median price is £99,972 Standard Deviation is £58,847 with Total Sold: 148
- The Last 5 Year average price is £205,480 with Total Sold: 15
- 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)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£80,000		1
2023	£75,500	£1,005	4
2022	£89,400	£1,269	5
2021	£91,170	£1,162	10
2020	£69,995	£815	10
2019	£72,750	£835	8
2018	£90,195	£937	10
2017	£68,400	£944	5
2016	£63,400	£857	10
2015	£64,725	£763	2
2014	£57,136	£749	7
2013	£75,625	£870	4
2012	£65,900	£691	5
2011	£73,250	£826	4
2010	£72,480	£846	5
2009	£69,700	£898	5
2008	£90,242	£1,293	6
2007	£99,760	£1,250	27
2006	£86,992	£1,222	24
2005	£85,440	£1,073	10
2004	£73,872	£1,270	9
2003	£47,748	£643	21
2002	£39,939	£618	22
2001	£36,632	£425	11
2000	£23,895	£369	11
1999	£29,730	£307	14
1998	£26,904	£383	13
1997	£30,421	£564	7
1996	£18,612	£311	4
1995	£21,908	£209	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£83,333	£1,203	3
2023	£114,071	£1,422	7
2022	£124,850	£1,484	15
2021	£101,990	£1,323	29
2020	£86,436	£1,085	14
2019	£78,975	£1,090	12
2018	£98,200	£1,186	13
2017	£84,550	£1,132	20
2016	£108,653	£1,208	18
2015	£99,175	£1,152	14
2014	£78,573	£1,079	16
2013	£77,838	£887	16
2012	£87,925	£1,250	8
2011	£71,913	£1,034	13
2010	£85,317	£1,238	12
2009	£110,750	£1,438	8
2008	£105,100	£1,378	10
2007	£100,781	£1,355	21
2006	£87,825	£1,095	17
2005	£109,950	£1,188	10
2004	£77,786	£890	30
2003	£74,190	£1,086	16
2002	£47,498	£587	24
2001	£47,464	£612	18
2000	£49,161	£563	23
1999	£52,292	£749	6
1998	£49,551	£607	21
1997	£46,832	£622	25
1996	£24,864	£309	9
1995	£43,094	£620	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£139,950	£2,502	1
2021	£274,420	£1,764	2
2020	£200,000		2
2019	£168,500	£1,187	2
2017	£107,500		2
2016	£150,000	£1,199	1
2015	£215,000	£2,312	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£238,317	£1,972	3
2022	£194,143	£2,058	7
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	£170,857	£1,708	7
2016	£154,720	£1,629	5
2015	£146,250	£1,706	4
2014	£134,488	£1,959	4
2013	£202,250	£1,247	2
2012	£160,000	£1,538	1
2011	£165,600	£1,608	5
2010	£153,500	£1,809	2
2009	£96,650		1
2007	£186,187	£1,891	8
2006	£184,071	£1,978	7
2005	£180,790	£1,940	5
2004	£138,500	£1,685	4
2003	£103,612	£1,379	4
2002	£88,316	£983	6
2001	£75,408	£928	6
2000	£71,267	£703	9
1999	£63,272	£680	9
1998	£86,287	£774	14
1997	£66,627	£755	15
1996	£64,489	£701	5
1995	£77,488	£698	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£16,500		1
1998	£27,750	£430	2
1995	£29,500	£537	1

House Type in NE62 5RB area

The most common house types in the NE62 5RB postcode area are Semi-detached (63), Detached (59), and Terraced (6).

Total	128
Semi-detached	63
Detached	59
Terraced	6
Flat	0
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 (61), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	56
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	3
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NE62 5RB have 2 people in household (58), and 1 person in household (26).

2 people in household	58
1 person in household	26
3 people in household	24
4 people in household	15
5 people in household	2
6 people in household	2
7 people in household	2
0 people in household	0
8 or more people in household	0