Housing Market Analysis for OFFICE HOUSES, NE62 5UW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £71,250 median price is £71,250 Standard Deviation is £45,750 with Total Sold: 2
    • The Last 5 Year average price is £117,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 OFFICE HOUSES: £117,000 (Sold on 03 Dec 2020)
    • The first recorded sale happened at this postcode is 2 OFFICE HOUSES: £25,500 (Sold on 29 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5UW 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
2020£117,000 £914 1
1997£25,5001

All the Sales in the OFFICE HOUSES, NE62 5UW

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

AddressSold DatePrice% Change
3 OFFICE HOUSESTerraced, FreeholdArea: 128 Sq.mtrAge: 1900-192903 Dec 2020£117,000First Sale
2 OFFICE HOUSESTerraced, Freehold29 Aug 1997£25,500First Sale

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

OFFICE HOUSES, NE62 5UW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE62 5UW 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 5UW 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 £42,025 median price is £40,250 Standard Deviation is £34,283 with Total Sold: 4
    • The Last 5 Year average price is £42,025 with Total Sold: 4
    • 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 , 12 THORNLEY TERRACE: £82,000 (Sold on 31 Aug 2021)
  • Terraced
    • The average price is around £61,402 median price is £62,750 Standard Deviation is £30,562 with Total Sold: 208
    • The Last 5 Year average price is £78,587 with Total Sold: 38
    • 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 , 21 THORNLEY TERRACE: £19,000 (Sold on 22 Jun 1995)
  • Semi-Detached
    • The average price is around £99,164 median price is £93,000 Standard Deviation is £45,140 with Total Sold: 46
    • The Last 5 Year average price is £171,375 with Total Sold: 4
    • The most recent sale happened at this postcode is , 3 PROSPECT COTTAGES: £170,000 (Sold on 05 Jan 2024)
    • 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 £167,509 median price is £117,000 Standard Deviation is £112,024 with Total Sold: 29
    • The Last 5 Year average price is £253,485 with Total Sold: 5
    • 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 , 8 PROSPECT COTTAGES: £250 (Sold on 15 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£103,0001
2019£100,000 £1,869 1
2008£120,000 £2,243 1
2004£88,500 £1,654 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£5,6001
2023£10,5001
2022£70,000 £745 1
2021£82,000 £863 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£60,0001
2023£84,375 £982 8
2022£80,667 £848 6
2021£83,707 £1,116 8
2020£80,679 £892 7
2019£66,612 £846 8
2018£69,200 £797 5
2017£85,658 £972 6
2016£80,874 £1,060 8
2015£88,400 £1,155 5
2014£66,250 £902 4
2013£77,790 £872 5
2012£63,625 £1,062 4
2011£74,583 £883 6
2010£80,875 £1,078 4
2009£98,021 £1,137 3
2008£109,250 £1,341 4
2007£83,742 £929 6
2006£83,592 £963 14
2005£90,906 £868 8
2004£75,899 £872 5
2003£54,691 £710 11
2002£38,505 £492 14
2001£27,606 £273 9
2000£23,529 £227 12
1999£32,890 £530 5
1998£28,000 £415 8
1997£28,562 £371 8
1996£23,241 £277 11
1995£20,460 £296 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,000 £2,656 1
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£141,600 £1,694 5
2006£135,0001
2005£138,0002
2004£101,000 £1,640 2
2003£95,000 £982 4
2002£81,259 £978 5
2001£53,475 £673 2
2000£65,0002
1999£49,875 £503 4
1998£52,100 £626 5
1997£33,950 £641 1
1995£37,000 £529 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£257,667 £1,807 3
2021£320,000 £2,270 1
2020£174,425 £1,264 1
2018£360,000 £1,538 1
2017£136,0001
2016£74,1254
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
2005£350,000 £2,121 1
2003£98,0001
2002£78,5002
2001£97,500 £876 2
2000£59,950 £434 1
1998£117,000 £609 1
1997£84,0001
1996£86,9752
1995£250 £4 1

House Type in NE62 5UW area

The most common house types in the NE62 5UW postcode area are Terraced (28), temporary structure (22), and Detached (16).

Total81
Terraced28
temporary structure22
Detached16
Semi-detached14
Flat1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Owned: Owns with a mortgage or loan (16).

Owned: Owns outright44
Owned: Owns with a mortgage or loan16
Private rented: Private landlord or letting agency11
Social rented: Other social rented4
Private rented: Other private rented4
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE62 5UW have 2 people in household (35), and 1 person in household (30).

2 people in household35
1 person in household30
3 people in household12
4 people in household4
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0