Housing Market Analysis for WEST TERRACE, NE62 5UL

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

Overview of Sold House prices

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

Terraced
- The average price is around £51,800 median price is £52,000 Standard Deviation is £28,953 with Total Sold: 54
- The Last 5 Year average price is £77,787 with Total Sold: 11
- The most recent sale happened at this postcode is 37 WEST TERRACE: £62,500 (Sold on 14 Jul 2023)
- The first recorded sale happened at this postcode is 42 WEST TERRACE: £60,000 (Sold on 19 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5UL 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£73,833	£904	3
2022	£89,500	£810	2
2021	£80,789	£1,031	4
2019	£72,000	£744	1
2017	£100,750	£1,213	2
2016	£50,000	£665	2
2015	£62,500	£644	1
2014	£40,000		1
2012	£45,000	£597	1
2011	£80,000		1
2007	£86,650	£861	3
2006	£72,611	£834	4
2005	£78,250	£815	1
2004	£67,750	£833	2
2003	£60,000		1
2002	£37,708	£430	3
2001	£19,650	£95	3
2000	£21,350	£258	6
1999	£27,000	£393	1
1998	£29,000	£279	2
1997	£28,000		1
1996	£23,314	£260	7
1995	£12,000		1
2024	£60,000		1

All the Sales in the WEST TERRACE, NE62 5UL

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

Address	Sold Date	Price	% Change
37 WEST TERRACETerraced, FreeholdArea: 70.95 Sq.mtrAge: 1900-1929	14 Jul 2023	£62,500	15.74%
	12 May 2023	£54,000	237.50%
	08 Sep 2000	£16,000	25.49%
	26 Apr 1996	£12,750	First Sale
1 WEST TERRACETerraced, FreeholdArea: 98 Sq.mtrAge: 1900-1929	20 Jan 2023	£105,000	First Sale
22 WEST TERRACETerraced, FreeholdArea: 124 Sq.mtrAge: 1900-1929	10 Aug 2022	£100,000	First Sale
25 WEST TERRACETerraced, FreeholdArea: 97 Sq.mtrAge: 1900-1929	29 Jul 2022	£79,000	42.49%
	29 Sep 2006	£55,443	10.89%
	20 Dec 2002	£50,000	56.25%
	04 Jun 1996	£32,000	First Sale
48 WEST TERRACETerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	29 Oct 2021	£95,000	31.03%
	12 Oct 2017	£72,500	107.14%
	26 Jan 2016	£35,000	25.00%
	19 Sep 2000	£28,000	First Sale
27 WEST TERRACETerraced, FreeholdArea: 98 Sq.mtrAge: before 1900	25 Oct 2021	£73,000	-18.84%
	27 Apr 2007	£89,950	14.95%
	15 Jul 2005	£78,250	First Sale
49 WEST TERRACETerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	06 Aug 2021	£80,000	23.08%
	30 Sep 2016	£65,000	188.89%
	22 Mar 1996	£22,500	First Sale
35 WEST TERRACETerraced, FreeholdArea: 76 Sq.mtrAge: 1900-1929	14 Apr 2021	£75,155	257.88%
	28 Apr 2000	£21,000	First Sale
18 WEST TERRACETerraced, FreeholdArea: 96.75 Sq.mtrAge: 1900-1929	23 Dec 2019	£72,000	166.67%
	21 Aug 1998	£27,000	First Sale
13 WEST TERRACETerraced, FreeholdArea: 93.8 Sq.mtrAge: 1900-1929	10 Feb 2017	£129,000	106.40%
	13 Apr 2004	£62,500	108.33%
	03 Jan 2002	£30,000	First Sale
16 WEST TERRACETerraced, FreeholdArea: 97 Sq.mtrAge: 1900-1929	08 May 2015	£62,500	-21.88%
	16 Feb 2007	£80,000	First Sale
2 WEST TERRACETerraced, Freehold	18 Sep 2014	£40,000	First Sale
40 WEST TERRACETerraced, FreeholdArea: 75.4 Sq.mtrAge: 1900-1929	21 Dec 2012	£45,000	First Sale
52 WEST TERRACETerraced, Freehold	01 Aug 2011	£80,000	First Sale
15 WEST TERRACETerraced, Freehold	11 May 2007	£90,000	221.43%
15 WEST TERRACETerraced, Freehold	27 Jun 1997	£28,000	First Sale
14 WEST TERRACETerraced, FreeholdArea: 92.14 Sq.mtrAge: 1900-1929	09 Aug 2006	£90,000	28.57%
	01 Jun 2006	£70,000	First Sale
47 WEST TERRACETerraced, FreeholdArea: 73 Sq.mtrAge: 1900-1929	26 Jun 2006	£75,000	2.74%
	29 Oct 2004	£73,000	120.38%
	24 May 2002	£33,125	22.69%
	19 Mar 1999	£27,000	0.0
	26 Jul 1996	£27,000	First Sale
38 WEST TERRACETerraced, Freehold	26 Sep 2003	£60,000	200.00%
	19 Sep 2001	£20,000	66.67%
	20 Oct 1995	£12,000	First Sale
3 WEST TERRACETerraced, Freehold	23 Mar 2001	£31,950	First Sale
43 WEST TERRACETerraced, FreeholdArea: 74 Sq.mtrAge: 1900-1929	29 Jan 2001	£7,000	First Sale
51 WEST TERRACETerraced, Freehold	13 Oct 2000	£26,750	First Sale
21 WEST TERRACETerraced, FreeholdArea: 92.23 Sq.mtrAge: before 1900	19 Jul 2000	£21,950	First Sale
4 WEST TERRACETerraced, FreeholdArea: 100 Sq.mtrAge: 1900-1929	04 Jul 2000	£14,400	10.77%
	07 Oct 1996	£13,000	First Sale
12 WEST TERRACETerraced, Freehold	22 Dec 1998	£31,000	First Sale
45 WEST TERRACETerraced, Freehold	16 Aug 1996	£27,000	First Sale
46 WEST TERRACETerraced, Freehold	21 Jun 1996	£28,950	First Sale
42 WEST TERRACETerraced, Freehold	19 Mar 2024	£60,000	First Sale

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

WEST TERRACE, NE62 5UL Near By properties

Interactive Map

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

Flat
- The average price is around £66,596 median price is £58,000 Standard Deviation is £32,575 with Total Sold: 69
- The Last 5 Year average price is £62,528 with Total Sold: 27
- The most recent sale happened at this postcode is , 26 OSIER COURT: £103,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 2A HARRINGTON GARDENS: £18,000 (Sold on 18 Dec 1998)
Semi-Detached
- The average price is around £80,128 median price is £79,950 Standard Deviation is £35,729 with Total Sold: 173
- The Last 5 Year average price is £106,113 with Total Sold: 31
- The most recent sale happened at this postcode is , 44 STAKEFORD CRESCENT: £70,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 35 OSIER COURT: £37,000 (Sold on 28 Jul 1995)
Terraced
- The average price is around £61,135 median price is £65,000 Standard Deviation is £30,308 with Total Sold: 353
- The Last 5 Year average price is £81,398 with Total Sold: 55
- The most recent sale happened at this postcode is , 7 ELLESMERE GARDENS: £80,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 9 HALF MOON STREET: £9,000 (Sold on 19 Apr 1995)
Other
- The average price is around £136,562 median price is £130,000 Standard Deviation is £117,027 with Total Sold: 9
- The Last 5 Year average price is £137,383 with Total Sold: 8
- The most recent sale happened at this postcode is , 25 OSIER COURT: £5,600 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 3 NORTH CRESCENT: £130,000 (Sold on 29 Feb 2016)
Detached
- The average price is around £162,435 median price is £157,500 Standard Deviation is £94,005 with Total Sold: 70
- The Last 5 Year average price is £258,714 with Total Sold: 16
- The most recent sale happened at this postcode is , 1 ENNIS CLOSE: £280,000 (Sold on 03 Apr 2024)
- The first recorded sale happened at this postcode is , 4 EAST FORD ROAD: £75,000 (Sold on 08 Sep 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£103,000		1
2023	£67,200	£1,040	5
2022	£62,458	£967	6
2021	£57,857	£1,012	7
2020	£60,000	£759	1
2019	£58,500	£916	7
2018	£57,000	£722	1
2017	£62,000	£928	2
2015	£41,000	£695	1
2014	£49,250	£715	2
2013	£45,000	£763	1
2010	£62,250	£867	1
2009	£44,000	£667	1
2008	£80,000	£1,424	2
2007	£115,850	£1,568	7
2006	£83,008	£1,601	13
2005	£43,000	£724	3
2004	£88,500	£1,654	1
2003	£30,150	£548	4
2001	£11,000	£167	1
1998	£18,000	£316	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£88,500		2
2023	£131,200	£1,571	5
2022	£131,800	£1,450	5
2021	£83,750	£1,152	8
2020	£110,917	£1,172	6
2019	£92,400	£1,150	5
2018	£87,500	£1,145	4
2017	£88,707	£1,268	7
2016	£100,075	£1,131	6
2015	£77,744	£958	8
2014	£73,125	£978	2
2013	£94,750	£1,150	4
2012	£83,772	£1,004	9
2011	£55,000	£733	2
2010	£83,500	£897	7
2009	£97,167	£1,183	3
2008	£103,500	£1,413	5
2007	£112,106	£1,821	9
2006	£90,153	£1,146	15
2005	£82,275	£1,049	6
2004	£63,267	£902	9
2003	£87,000	£1,099	4
2002	£62,336	£797	11
2001	£40,362	£490	8
1999	£37,861	£492	7
1998	£45,250	£616	6
1997	£29,725	£511	4
1996	£27,283		3
1995	£26,133	£372	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£68,667		3
2023	£82,318	£998	11
2022	£90,828	£940	9
2021	£83,304	£1,012	15
2020	£82,500	£855	9
2019	£69,488	£731	8
2018	£76,690	£894	10
2017	£81,550	£965	9
2016	£83,996	£1,090	14
2015	£81,062	£1,035	8
2014	£70,000	£876	9
2013	£71,036	£837	11
2012	£55,750	£846	6
2011	£82,744	£951	8
2010	£74,299	£979	9
2009	£73,945	£859	8
2008	£100,083	£1,177	6
2007	£85,942	£1,024	18
2006	£87,831	£1,018	19
2005	£77,589	£885	14
2004	£77,803	£916	13
2003	£55,741	£695	13
2002	£34,215	£429	28
2001	£30,563	£341	15
2000	£24,298	£253	23
1999	£35,214	£500	7
1998	£26,478	£343	15
1997	£28,745	£351	10
1996	£24,476	£302	15
1995	£19,820	£269	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£85,300		2
2023	£10,500		1
2022	£70,000	£745	1
2021	£130,000		1
2020	£52,000	£347	1
2019	£332,980		2
2016	£130,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,000		1
2023	£242,500	£1,707	2
2022	£321,200	£2,138	5
2021	£252,500	£1,786	2
2020	£220,231	£1,649	4
2019	£191,250	£1,560	2
2018	£246,000	£1,359	2
2017	£197,333	£1,464	3
2016	£126,929	£1,246	7
2015	£230,467	£1,653	3
2009	£176,000	£1,578	2
2008	£224,288	£1,899	1
2007	£227,000	£1,514	2
2006	£236,500	£1,459	2
2005	£183,333	£1,120	3
2004	£179,000	£1,364	2
2003	£87,786	£899	7
2002	£88,000	£571	4
2001	£73,500	£453	2
2000	£62,725	£404	2
1999	£79,615	£642	8
1998	£73,475	£609	2
1996	£58,000		1
1995	£75,000	£728	1

House Type in NE62 5UL area

The most common house types in the NE62 5UL postcode area are Terraced (78), Detached (23), and Semi-detached (16).

Total	128
Terraced	78
Detached	23
Semi-detached	16
Flat	10
Shared house	1
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 (50), and Social rented: Other social rented (27).

Owned: Owns outright	50
Social rented: Other social rented	27
Owned: Owns with a mortgage or loan	25
Private rented: Private landlord or letting agency	21
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE62 5UL have 2 people in household (51), and 1 person in household (46).

2 people in household	51
1 person in household	46
3 people in household	21
4 people in household	8
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0