Housing Market Analysis for INSTITUTE ROAD, NE63 8HP

Are you looking to understand NE63 8HP 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 NE63 8HP area, explore the NE63 8HP Area information page.
For comprehensive crime statistics in the NE63 8HP area, explore the NE63 8HP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE63 8HP postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £121,497 median price is £123,495 Standard Deviation is £12,121 with Total Sold: 6
    • The Last 5 Year average price is £121,497 with Total Sold: 6
    • The most recent sale happened at this postcode is 5 INSTITUTE ROAD: £134,000 (Sold on 01 Aug 2022)
    • The first recorded sale happened at this postcode is 5 INSTITUTE ROAD: £104,995 (Sold on 18 Sep 2019)
  • Detached
    • The average price is around £203,748 median price is £180,498 Standard Deviation is £57,536 with Total Sold: 4
    • The Last 5 Year average price is £159,995 with Total Sold: 2
    • The most recent sale happened at this postcode is 10 INSTITUTE ROAD: £165,995 (Sold on 29 Jan 2021)
    • The first recorded sale happened at this postcode is THE WILLOWS INSTITUTE ROAD: £300,000 (Sold on 16 Oct 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE63 8HP 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£122,000 £2,033 2
2020£123,495 £1,887 2
2019£118,995 £1,750 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£165,995 £2,184 1
2020£153,995 £2,139 1
2014£195,000 £911 1
2006£300,0001

All the Sales in the INSTITUTE ROAD, NE63 8HP

See the table below for more details on the sold house prices in the NE63 8HP, Northumberland postcode.

AddressSold DatePrice% Change
5 INSTITUTE ROADSemi-Detached, FreeholdArea: 60 Sq.mtr01 Aug 2022£134,00027.63%
18 Sep 2019£104,995First Sale
8 INSTITUTE ROADSemi-Detached, FreeholdArea: 60 Sq.mtr29 Apr 2022£110,000-3.50%
21 Dec 2020£113,995First Sale
10 INSTITUTE ROADDetached, FreeholdArea: 76 Sq.mtr29 Jan 2021£165,995First Sale
7 INSTITUTE ROADSemi-Detached, FreeholdArea: 71 Sq.mtr18 Dec 2020£132,995First Sale
9 INSTITUTE ROADDetached, FreeholdArea: 72 Sq.mtr18 Dec 2020£153,995First Sale
6 INSTITUTE ROADSemi-Detached, FreeholdArea: 76 Sq.mtr04 Oct 2019£132,995First Sale
3 INSTITUTE ROADDetached, FreeholdArea: 214 Sq.mtrAge: 2007 onwards24 Oct 2014£195,000First Sale
THE WILLOWS INSTITUTE ROADDetached, Freehold16 Oct 2006£300,000First Sale

Check out the sold house prices near the NE63 8HP postcode. Properties currently for saleProperties currently for rent

INSTITUTE ROAD, NE63 8HP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE63 8HP 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 NE63 8HP postcode.

  • Terraced
    • The average price is around £72,117 median price is £71,000 Standard Deviation is £36,167 with Total Sold: 1,062
    • The Last 5 Year average price is £93,552 with Total Sold: 208
    • The most recent sale happened at this postcode is , 47 PARK ROAD: £110,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 DENE VIEW: £32,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £92,404 median price is £86,250 Standard Deviation is £47,395 with Total Sold: 214
    • The Last 5 Year average price is £125,066 with Total Sold: 57
    • The most recent sale happened at this postcode is , 6 BATH COURT: £135,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 11 ASHBOURNE CRESCENT: £42,950 (Sold on 03 Apr 1995)
  • Flat
    • The average price is around £49,043 median price is £52,000 Standard Deviation is £19,847 with Total Sold: 146
    • The Last 5 Year average price is £51,843 with Total Sold: 27
    • The most recent sale happened at this postcode is , 4 SURREY CLOSE: £55,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 3 HIGH MARKET: £28,950 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £371,975 median price is £110,000 Standard Deviation is £1,287,055 with Total Sold: 39
    • The Last 5 Year average price is £447,769 with Total Sold: 26
    • The most recent sale happened at this postcode is , 148B STATION ROAD: £271,000 (Sold on 11 Jan 2024)
    • The first recorded sale happened at this postcode is , ESSENDENE RESIDENTIAL HOME KENILWORTH ROAD: £421,000 (Sold on 30 Aug 2013)
  • Detached
    • The average price is around £196,877 median price is £165,998 Standard Deviation is £108,240 with Total Sold: 70
    • The Last 5 Year average price is £197,680 with Total Sold: 23
    • The most recent sale happened at this postcode is , ELDER COTTAGE HIGH MARKET: £117,000 (Sold on 19 Jan 2023)
    • The first recorded sale happened at this postcode is , GLENDENE BACK HIGH MARKET: £81,000 (Sold on 20 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£108,504 £1,162 14
2023£117,568 £1,282 14
2022£91,923 £1,018 53
2021£95,744 £1,082 53
2020£91,698 £926 30
2019£81,737 £926 44
2018£86,811 £922 32
2017£71,659 £815 22
2016£78,823 £883 34
2015£82,432 £882 37
2014£89,116 £910 33
2013£74,726 £834 33
2012£73,304 £752 23
2011£77,780 £885 27
2010£83,874 £858 31
2009£82,996 £963 23
2008£104,225 £1,097 20
2007£103,406 £1,250 42
2006£94,244 £1,055 52
2005£95,037 £996 38
2004£83,883 £958 67
2003£66,100 £803 49
2002£42,411 £455 36
2001£33,820 £369 53
2000£33,224 £335 34
1999£32,844 £358 31
1998£27,001 £292 33
1997£31,249 £343 35
1996£29,476 £334 38
1995£31,365 £324 31
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£196,0003
2023£131,625 £1,862 4
2022£124,000 £1,648 5
2021£119,450 £1,272 10
2020£126,189 £1,642 13
2019£116,332 £1,596 22
2018£103,824 £1,261 10
2017£250,000 £1,302 1
2016£105,167 £1,129 6
2015£89,190 £1,019 5
2014£78,612 £902 4
2013£81,300 £968 5
2012£81,000 £954 4
2011£71,250 £861 2
2010£96,000 £1,049 2
2009£128,167 £1,332 3
2008£113,833 £1,056 6
2007£114,925 £1,227 14
2006£85,814 £1,073 11
2005£85,644 £1,056 10
2004£81,601 £960 10
2003£85,233 £785 12
2002£77,714 £778 10
2001£49,059 £405 11
2000£36,142 £384 7
1999£40,625 £408 10
1998£47,790 £389 5
1997£38,988 £430 4
1996£40,250 £449 2
1995£44,667 £434 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£55,0001
2023£71,300 £1,007 5
2022£62,333 £1,017 3
2021£50,708 £818 6
2020£39,571 £654 7
2019£44,000 £731 5
2018£62,500 £861 2
2017£55,500 £776 6
2016£58,317 £881 3
2015£45,818 £693 11
2014£53,375 £822 4
2013£52,667 £891 3
2012£47,786 £655 7
2011£47,625 £789 4
2010£47,000 £608 2
2009£63,422 £921 3
2008£65,603 £1,009 5
2007£73,389 £1,210 9
2006£57,375 £849 8
2005£73,071 £1,139 7
2004£52,643 £851 7
2003£44,571 £563 7
2002£35,610 £335 4
2001£19,036 £290 7
2000£19,490 £317 5
1999£24,250 £343 4
1998£52,500 £439 2
1997£30,0001
1996£13,733 £305 3
1995£31,380 £417 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£271,000 £1,071 1
2023£47,500 £474 2
2022£195,8333
2021£62,167 £743 3
2020£1,507,167 £67,073 6
2019£132,636 £867 11
2018£60,500 £538 3
2017£276,862 £6,760 4
2016£290,0362
2014£191,6673
2013£421,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£117,000 £1,272 1
2022£168,000 £2,333 1
2021£265,811 £2,000 8
2020£166,121 £1,899 4
2019£163,407 £1,978 9
2018£262,500 £2,200 2
2017£367,500 £1,465 2
2016£525,000 £1,651 1
2015£255,000 £1,170 1
2014£305,000 £1,504 2
2012£243,750 £1,352 2
2010£298,0001
2009£166,000 £2,141 1
2008£310,000 £1,422 1
2007£287,500 £1,515 2
2006£271,250 £1,578 4
2005£190,000 £1,484 1
2004£244,488 £2,327 4
2003£380,0001
2002£155,111 £1,310 3
2001£115,5002
2000£79,000 £617 1
1999£86,750 £504 6
1998£115,667 £639 3
1997£58,0001
1996£66,690 £861 5
1995£81,000 £503 1

House Type in NE63 8HP area

The most common house types in the NE63 8HP postcode area are Terraced (95), Semi-detached (30), and Detached (22).

Total160
Terraced95
Semi-detached30
Detached22
Flat5
Shared house5
commercial building2
converted building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (56), and Owned: Owns outright (41).

Owned: Owns with a mortgage or loan56
Owned: Owns outright41
Private rented: Private landlord or letting agency36
Social rented: Other social rented10
Private rented: Other private rented7
Shared ownership: Shared ownership5
Social rented: Rents from council or Local Authority4
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE63 8HP have 2 people in household (64), and 1 person in household (59).

2 people in household64
1 person in household59
3 people in household24
4 people in household7
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0