Housing Market Analysis for MILBURN TERRACE, NE62 5UN

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

Overview of Sold House prices

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

Terraced
- The average price is around £71,362 median price is £78,750 Standard Deviation is £26,446 with Total Sold: 48
- The Last 5 Year average price is £83,727 with Total Sold: 11
- The most recent sale happened at this postcode is 18 MILBURN TERRACE: £82,000 (Sold on 29 Aug 2023)
- The first recorded sale happened at this postcode is 14 MILBURN TERRACE: £100,000 (Sold on 11 Aug 2023)
Other
- The average price is around £70,000 median price is £70,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £70,000 with Total Sold: 1
- The most recent sale happened at this postcode is 19 MILBURN TERRACE: £70,000 (Sold on 20 Dec 2022)
- The first recorded sale happened at this postcode is 19 MILBURN TERRACE: £70,000 (Sold on 20 Dec 2022)
Detached
- The average price is around £246,825 median price is £290,000 Standard Deviation is £124,040 with Total Sold: 7
- The Last 5 Year average price is £302,212 with Total Sold: 2
- The most recent sale happened at this postcode is FIELD HOUSE MILBURN TERRACE: £430,000 (Sold on 21 Nov 2022)
- The first recorded sale happened at this postcode is OXWICK HOUSE MILBURN TERRACE: £117,000 (Sold on 22 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5UN 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	£96,000	£1,083	3
2022	£70,000	£1,039	2
2021	£83,750	£973	2
2020	£85,167	£1,049	3
2019	£70,000	£875	1
2018	£80,000	£899	1
2017	£77,750	£862	2
2016	£85,000	£1,269	1
2015	£83,167	£892	3
2013	£81,488	£939	4
2011	£78,667	£979	3
2010	£80,000	£929	1
2008	£93,000	£1,013	2
2007	£70,000	£813	1
2006	£94,238	£1,051	4
2005	£114,000	£950	1
2004	£94,000	£1,071	1
2003	£58,975	£603	2
2002	£42,500	£358	2
2001	£33,000		2
2000	£24,083	£195	3
1998	£37,500	£551	1
1997	£15,000	£174	1
1996	£30,000		1
1995	£27,800		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£70,000	£745	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£430,000	£1,838	1
2020	£174,425	£1,264	1
2018	£360,000	£1,538	1
2015	£296,400	£1,937	1
2006	£290,000	£1,239	1
2000	£59,950	£434	1
1998	£117,000	£609	1

All the Sales in the MILBURN TERRACE, NE62 5UN

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

Address	Sold Date	Price	% Change
18 MILBURN TERRACETerraced, FreeholdArea: 95 Sq.mtrAge: 1900-1929	29 Aug 2023	£82,000	9.33%
	09 Feb 2017	£75,000	First Sale
28 MILBURN TERRACETerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	12 Jun 2023	£106,000	-0.93%
	23 Nov 2006	£107,000	First Sale
19 MILBURN TERRACEOther, FreeholdArea: 94 Sq.mtrAge: 1900-1929	20 Dec 2022	£70,000	First Sale
FIELD HOUSE MILBURN TERRACEDetached, FreeholdArea: 234 Sq.mtrAge: 1991-1995	21 Nov 2022	£430,000	19.44%
	30 Nov 2018	£360,000	24.14%
	08 May 2006	£290,000	First Sale
2 MILBURN TERRACETerraced, FreeholdArea: 67 Sq.mtrAge: 1900-1929	24 Oct 2022	£87,500	12.90%
	12 Jun 2020	£77,500	-8.82%
	23 Feb 2016	£85,000	First Sale
35 MILBURN TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: 1900-1929	15 Mar 2022	£52,500	First Sale
11 MILBURN TERRACETerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	22 Apr 2021	£75,000	15.38%
	05 Dec 2013	£65,000	First Sale
22 MILBURN TERRACETerraced, FreeholdArea: 87.8 Sq.mtrAge: 1900-1929	26 Feb 2021	£92,500	2.78%
	10 Jun 2011	£90,000	-10.00%
	12 Jun 2006	£100,000	6.38%
	12 Nov 2004	£94,000	77.53%
	28 Mar 2003	£52,950	392.56%
	17 May 2000	£10,750	First Sale
12 MILBURN TERRACETerraced, FreeholdArea: 86.07 Sq.mtrAge: 1900-1929	12 Nov 2020	£88,000	9.32%
	10 Nov 2017	£80,500	0.62%
	17 Dec 2010	£80,000	14.29%
	05 Mar 2007	£70,000	First Sale
24 MILBURN TERRACETerraced, FreeholdArea: 93 Sq.mtrAge: 1900-1929	23 Oct 2020	£90,000	5.88%
	12 Jul 2013	£85,000	First Sale
THE BUNGALOW MILBURN TERRACEDetached, FreeholdArea: 138 Sq.mtrAge: 1976-1982	07 Feb 2020	£174,425	190.95%
	18 Jan 2000	£59,950	First Sale
8 MILBURN TERRACETerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	28 Oct 2019	£70,000	First Sale
4 MILBURN TERRACETerraced, FreeholdArea: 89 Sq.mtrAge: 1900-1929	22 Aug 2018	£80,000	First Sale
GREEN ACRES MILBURN TERRACEDetached, FreeholdArea: 153 Sq.mtrAge: 1983-1990	14 Oct 2015	£296,400	First Sale
34 MILBURN TERRACETerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	29 May 2015	£92,000	First Sale
15 MILBURN TERRACETerraced, FreeholdArea: 108 Sq.mtrAge: 1900-1929	16 Mar 2015	£95,500	-4.45%
	06 Sep 2006	£99,950	First Sale
14 MILBURN TERRACETerraced, FreeholdArea: 89 Sq.mtrAge: 1900-1929	13 Feb 2015	£62,000	-38.00%
	11 Aug 2023	£100,000	First Sale
30 MILBURN TERRACETerraced, FreeholdArea: 91 Sq.mtrAge: 1900-1929	04 Oct 2013	£94,950	First Sale
9 MILBURN TERRACETerraced, FreeholdArea: 79.04 Sq.mtrAge: 1900-1929	17 May 2013	£81,000	-4.71%
	21 Jan 2011	£85,000	21.43%
	23 Nov 2006	£70,000	First Sale
31 MILBURN TERRACETerraced, FreeholdArea: 73.034 Sq.mtrAge: 1930-1949	28 Jan 2011	£61,000	First Sale
16 MILBURN TERRACETerraced, Freehold	28 Mar 2008	£110,000	First Sale
23 MILBURN TERRACETerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	20 Mar 2008	£76,000	First Sale
21 MILBURN TERRACETerraced, FreeholdArea: 120 Sq.mtrAge: 1900-1929	26 Aug 2005	£114,000	165.12%
	13 May 2002	£43,000	34.38%
	26 May 2000	£32,000	First Sale
27 MILBURN TERRACETerraced, Freehold	02 Jun 2003	£65,000	First Sale
29 MILBURN TERRACETerraced, Freehold	09 Aug 2002	£42,000	51.08%
29 MILBURN TERRACETerraced, Freehold	27 Oct 1995	£27,800	First Sale
10 MILBURN TERRACETerraced, Freehold	15 Oct 2001	£32,500	10.17%
	26 Jul 2000	£29,500	-1.67%
	31 May 1996	£30,000	First Sale
33 MILBURN TERRACETerraced, Freehold	12 Oct 2001	£33,500	First Sale
20 MILBURN TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: 1930-1949	14 Oct 1998	£37,500	First Sale
OXWICK HOUSE MILBURN TERRACEDetached, FreeholdArea: 192 Sq.mtrAge: 1983-1990	22 May 1998	£117,000	First Sale
6 MILBURN TERRACETerraced, FreeholdArea: 86.15 Sq.mtrAge: 1900-1929	12 Nov 1997	£15,000	First Sale

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

MILBURN TERRACE, NE62 5UN Near By properties

Interactive Map

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

Flat
- The average price is around £102,875 median price is £101,500 Standard Deviation is £11,272 with Total Sold: 4
- The Last 5 Year average price is £101,500 with Total Sold: 2
- 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 , 26 OSIER COURT: £88,500 (Sold on 08 Jul 2004)
Other
- The average price is around £139,010 median price is £76,000 Standard Deviation is £140,329 with Total Sold: 6
- The Last 5 Year average price is £139,010 with Total Sold: 6
- 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 , 1 - 2 GORDON TERRACE: £350,000 (Sold on 24 Apr 2019)
Terraced
- The average price is around £60,301 median price is £63,000 Standard Deviation is £29,687 with Total Sold: 281
- The Last 5 Year average price is £77,118 with Total Sold: 49
- The most recent sale happened at this postcode is , 42 WEST TERRACE: £60,000 (Sold on 19 Mar 2024)
- The first recorded sale happened at this postcode is , 22 GORDON TERRACE: £25,000 (Sold on 11 May 1995)
Semi-Detached
- The average price is around £96,777 median price is £95,000 Standard Deviation is £44,549 with Total Sold: 39
- The Last 5 Year average price is £171,833 with Total Sold: 3
- The most recent sale happened at this postcode is , 3 OSIER COURT: £225,000 (Sold on 24 Oct 2023)
- The first recorded sale happened at this postcode is , 35 OSIER COURT: £37,000 (Sold on 28 Jul 1995)
Detached
- The average price is around £165,278 median price is £117,000 Standard Deviation is £107,212 with Total Sold: 27
- The Last 5 Year average price is £291,106 with Total Sold: 4
- The most recent sale happened at this postcode is , FIELD HOUSE MILBURN TERRACE: £430,000 (Sold on 21 Nov 2022)
- The first recorded sale happened at this postcode is , 3 FARRIER COURT: £89,000 (Sold on 01 Mar 1996)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£103,000		1
2019	£100,000	£1,869	1
2008	£120,000	£2,243	1
2004	£88,500	£1,654	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£5,600		1
2023	£10,500		1
2022	£70,000	£745	1
2021	£82,000	£863	1
2019	£332,980		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£63,000		2
2023	£83,000	£1,001	11
2022	£81,643	£893	7
2021	£78,266	£1,018	10
2020	£80,083	£870	9
2019	£66,490	£819	10
2018	£72,143	£815	7
2017	£80,869	£921	8
2016	£80,221	£1,030	9
2015	£81,062	£1,035	8
2014	£68,714	£890	7
2013	£70,921	£833	7
2012	£59,900	£951	5
2011	£74,583	£883	6
2010	£78,417	£1,050	6
2009	£74,509	£888	7
2008	£106,000	£1,213	5
2007	£85,814	£924	11
2006	£88,605	£965	17
2005	£79,932	£849	11
2004	£73,166	£824	9
2003	£53,743	£664	15
2002	£34,346	£444	19
2001	£30,314	£361	11
2000	£22,936	£239	18
1999	£32,908	£480	6
1998	£27,722	£415	9
1997	£28,045	£349	10
1996	£24,257	£296	14
1995	£19,543	£291	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£225,000	£2,368	1
2020	£156,000	£1,592	1
2019	£134,500	£1,372	1
2017	£132,975	£2,452	2
2016	£149,950	£1,344	1
2012	£119,975	£1,269	2
2010	£122,500	£1,254	1
2009	£111,250	£1,068	2
2007	£133,250	£1,694	4
2006	£135,000		1
2005	£124,000		1
2004	£101,000	£1,640	2
2003	£114,500	£1,099	2
2002	£71,685	£978	7
2001	£63,950	£673	1
1999	£51,333	£542	3
1998	£54,625	£616	4
1997	£33,950	£641	1
1996	£25,750		1
1995	£37,000	£529	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£335,000	£1,953	2
2021	£320,000	£2,270	1
2020	£174,425	£1,264	1
2018	£360,000	£1,538	1
2017	£136,000		1
2016	£74,125		4
2015	£296,400	£1,937	1
2010	£240,000	£1,683	1
2009	£256,000	£2,241	2
2008	£224,288	£1,899	1
2006	£290,000	£1,239	1
2003	£98,000		1
2002	£78,500		2
2001	£97,500	£876	2
2000	£59,950	£434	1
1998	£117,000	£609	1
1997	£84,000		1
1996	£77,317		3

House Type in NE62 5UN area

The most common house types in the NE62 5UN postcode area are Terraced (91), Detached (73), and Semi-detached (2).

Total	167
Terraced	91
Detached	73
Semi-detached	2
Shared house	1
Flat	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 with a mortgage or loan (61), and Owned: Owns outright (52).

Owned: Owns with a mortgage or loan	61
Owned: Owns outright	52
Social rented: Other social rented	29
Private rented: Private landlord or letting agency	16
Private rented: Other private rented	8
Shared ownership: Shared ownership	1
Does not apply	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 5UN have 2 people in household (70), and 1 person in household (35).

2 people in household	70
1 person in household	35
4 people in household	31
3 people in household	20
5 people in household	8
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0