Housing Market Analysis for RICHARDSONS BUILDINGS, NE62 5RL

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £52,979 median price is £52,000 Standard Deviation is £25,658 with Total Sold: 12
    • The Last 5 Year average price is £85,083 with Total Sold: 3
    • The most recent sale happened at this postcode is 11 RICHARDSONS BUILDINGS: £85,500 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is 12 RICHARDSONS BUILDINGS: £10,500 (Sold on 08 Dec 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5RL 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
2023£85,500 £1,018 1
2021£87,250 £948 1
2019£82,500 £897 1
2013£65,000 £707 1
2010£40,000 £461 1
2008£76,000 £916 1
2005£59,000 £702 1
2003£42,622 £514 2
2002£25,000 £301 1
2001£19,750 £235 1
2000£10,500 £127 1

All the Sales in the RICHARDSONS BUILDINGS, NE62 5RL

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

AddressSold DatePrice% Change
11 RICHARDSONS BUILDINGSTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-192910 Feb 2023£85,50044.92%
01 Feb 2005£59,000198.73%
07 Dec 2001£19,750First Sale
9 RICHARDSONS BUILDINGSTerraced, FreeholdArea: 92 Sq.mtrAge: 1900-192930 Jul 2021£87,2505.76%
04 Nov 2019£82,50026.92%
17 May 2013£65,000First Sale
15 RICHARDSONS BUILDINGSTerraced, FreeholdArea: 86.8 Sq.mtrAge: 1900-192927 Aug 2010£40,000First Sale
12 RICHARDSONS BUILDINGSTerraced, FreeholdArea: 83 Sq.mtrAge: 1900-192908 Aug 2008£76,00088.84%
02 May 2003£40,245283.29%
08 Dec 2000£10,500First Sale
13 RICHARDSONS BUILDINGSTerraced, FreeholdArea: 83 Sq.mtrAge: 1900-192917 Oct 2003£45,00080.00%
18 Jan 2002£25,000First Sale

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

RICHARDSONS BUILDINGS, NE62 5RL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £54,853 median price is £55,000 Standard Deviation is £28,910 with Total Sold: 137
    • The Last 5 Year average price is £78,953 with Total Sold: 16
    • The most recent sale happened at this postcode is , 103 EAST GREEN: £40,000 (Sold on 22 Jan 2024)
    • The first recorded sale happened at this postcode is , 10 WINDSOR TERRACE: £6,800 (Sold on 22 May 1995)
  • Semi-Detached
    • The average price is around £66,387 median price is £60,000 Standard Deviation is £39,385 with Total Sold: 113
    • The Last 5 Year average price is £100,167 with Total Sold: 24
    • The most recent sale happened at this postcode is , 76 KINGS PARK: £138,500 (Sold on 11 Dec 2023)
    • The first recorded sale happened at this postcode is , 14 KINGS PARK: £32,000 (Sold on 28 Apr 1995)
  • Flat
    • The average price is around £58,214 median price is £65,000 Standard Deviation is £23,712 with Total Sold: 7
    • The Last 5 Year average price is £83,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 4 KINGS PARK: £83,000 (Sold on 14 Jun 2023)
    • The first recorded sale happened at this postcode is , 4 KINGS PARK: £29,000 (Sold on 22 Aug 1997)
  • Detached
    • The average price is around £158,797 median price is £158,000 Standard Deviation is £81,638 with Total Sold: 15
    • The Last 5 Year average price is £181,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 6 HUNNS BUILDINGS: £158,000 (Sold on 31 Oct 2022)
    • The first recorded sale happened at this postcode is , WILLOW BRIDGE COTTAGE WILLOW BRIDGE: £135,000 (Sold on 16 Aug 1996)
  • Other
    • The average price is around £157,407 median price is £169,500 Standard Deviation is £130,337 with Total Sold: 6
    • The Last 5 Year average price is £157,407 with Total Sold: 6
    • The most recent sale happened at this postcode is , 7 KINGS PARK: £2,100 (Sold on 22 Sep 2022)
    • The first recorded sale happened at this postcode is , 44 KINGS PARK: £1,500 (Sold on 19 Jun 2020)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£40,000 £563 1
2023£85,500 £1,018 1
2022£46,500 £637 1
2021£88,958 £1,113 6
2020£61,000 £828 2
2019£87,100 £1,075 5
2018£79,500 £1,014 3
2017£58,750 £908 5
2016£88,975 £906 2
2015£44,975 £596 2
2014£48,000 £713 2
2013£56,988 £661 4
2012£67,000 £927 3
2010£66,000 £830 3
2009£65,0001
2008£93,000 £916 2
2007£91,711 £1,175 9
2006£83,817 £1,304 3
2005£80,543 £898 7
2004£65,562 £834 12
2003£49,200 £484 11
2002£40,565 £640 13
2001£29,088 £393 8
2000£16,500 £233 3
1999£28,025 £342 10
1998£24,607 £329 7
1997£26,202 £368 3
1996£24,280 £376 5
1995£15,600 £163 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£117,688 £1,498 8
2022£93,400 £1,316 5
2021£143,333 £1,553 3
2020£72,000 £1,039 4
2019£69,375 £1,364 4
2018£93,750 £803 2
2017£67,969 £750 8
2016£99,975 £1,050 2
2015£94,983 £722 3
2014£48,500 £767 5
2013£114,000 £929 2
2012£54,000 £983 2
2011£27,000 £452 1
2010£80,000 £1,191 1
2009£110,000 £1,341 1
2008£57,000 £762 4
2007£57,500 £800 2
2006£66,000 £1,406 4
2005£78,833 £1,484 3
2004£74,590 £1,156 5
2003£53,822 £1,052 4
2002£57,381 £602 12
2001£36,317 £429 3
2000£39,161 £430 9
1999£25,667 £383 3
1998£31,900 £356 5
1997£28,483 £435 3
1996£38,975 £414 2
1995£34,833 £358 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£83,000 £1,122 1
2011£65,000 £879 1
2006£83,000 £1,122 1
2004£75,000 £1,014 1
2002£53,000 £716 1
1999£19,5001
1997£29,000 £392 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£181,500 £1,310 2
2017£167,000 £1,193 1
2013£167,000 £1,120 1
2011£156,000 £1,214 2
2010£400,0001
2007£225,000 £1,751 1
2004£115,000 £1,325 2
2003£70,0001
2002£197,0001
1999£57,975 £502 2
1996£135,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£2,1001
2021£213,613 £1,636 3
2020£150,750 £25 2

House Type in NE62 5RL area

The most common house types in the NE62 5RL postcode area are Terraced (81), Semi-detached (48), and Detached (20).

Total155
Terraced81
Semi-detached48
Detached20
converted building4
commercial building2
Flat0
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (59), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright59
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency26
Social rented: Other social rented19
Private rented: Other private rented7
Social rented: Rents from council or Local Authority5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE62 5RL have 2 people in household (74), and 1 person in household (55).

2 people in household74
1 person in household55
4 people in household15
3 people in household8
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0