Housing Market Analysis for SOMERSET CLOSE, NE63 8PH

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £42,278 median price is £42,750 Standard Deviation is £15,622 with Total Sold: 18
    • The Last 5 Year average price is £46,928 with Total Sold: 7
    • The most recent sale happened at this postcode is 13 SOMERSET CLOSE: £50,000 (Sold on 26 Jun 2023)
    • The first recorded sale happened at this postcode is 13 SOMERSET CLOSE: £20,000 (Sold on 03 Sep 1999)
  • Terraced
    • The average price is around £52,000 median price is £52,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 SOMERSET CLOSE: £52,000 (Sold on 19 Aug 2004)
    • The first recorded sale happened at this postcode is 16 SOMERSET CLOSE: £52,000 (Sold on 19 Aug 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE63 8PH 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£50,000 £1,163 1
2022£66,000 £786 1
2021£60,000 £714 1
2020£37,500 £578 3
2019£39,999 £870 1
2015£47,000 £1,044 1
2014£40,000 £870 1
2013£49,500 £1,053 1
2006£70,0001
2005£55,000 £1,279 1
2004£40,500 £942 2
2002£27,000 £429 2
1999£18,000 £384 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£52,000 £1,106 1

All the Sales in the SOMERSET CLOSE, NE63 8PH

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

AddressSold DatePrice% Change
13 SOMERSET CLOSEFlat, LeaseholdArea: 43 Sq.mtrAge: 1950-196626 Jun 2023£50,000-9.09%
22 Nov 2005£55,00020.88%
16 Jul 2004£45,50028.17%
10 Jun 2004£35,50086.84%
18 Feb 2002£19,000-5.00%
03 Sep 1999£20,000First Sale
25 SOMERSET CLOSEFlat, LeaseholdArea: 84 Sq.mtrAge: 1967-197506 May 2022£66,00010.00%
20 May 2021£60,0007.14%
03 Jul 2020£56,00060.00%
16 Dec 2002£35,000First Sale
9 SOMERSET CLOSEFlat, LeaseholdArea: 53 Sq.mtrAge: 1967-197510 Dec 2020£31,50026.00%
25 Mar 2020£25,00056.25%
03 Dec 1999£16,000First Sale
1 SOMERSET CLOSEFlat, LeaseholdArea: 46 Sq.mtrAge: 1950-196611 Jan 2019£39,999-0.00%
30 Jan 2014£40,000First Sale
5 SOMERSET CLOSEFlat, LeaseholdArea: 45 Sq.mtrAge: 1967-197512 Jun 2015£47,000First Sale
16 SOMERSET CLOSEFlat, LeaseholdArea: 47 Sq.mtrAge: 1976-198218 Nov 2013£49,500-4.81%
19 Aug 2004£52,000First Sale
21 SOMERSET CLOSEFlat, Leasehold10 Mar 2006£70,000First Sale

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

SOMERSET CLOSE, NE63 8PH Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £121,229 median price is £123,975 Standard Deviation is £55,943 with Total Sold: 160
    • The Last 5 Year average price is £148,545 with Total Sold: 33
    • The most recent sale happened at this postcode is 1, WESTFIELD HOUSE MORPETH ROAD: £470,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 14 WANSBECK ROAD: £46,500 (Sold on 17 May 1996)
  • Detached
    • The average price is around £177,227 median price is £177,000 Standard Deviation is £47,372 with Total Sold: 377
    • The Last 5 Year average price is £193,803 with Total Sold: 75
    • The most recent sale happened at this postcode is , 14 POWBURN PLACE: £35,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , GLENDENE BACK HIGH MARKET: £81,000 (Sold on 20 Mar 1995)
  • Flat
    • The average price is around £65,954 median price is £66,000 Standard Deviation is £26,406 with Total Sold: 237
    • The Last 5 Year average price is £62,477 with Total Sold: 62
    • The most recent sale happened at this postcode is , 6 BLANCHLAND COURT: £84,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 HIGH MARKET: £28,950 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £91,345 median price is £88,000 Standard Deviation is £43,814 with Total Sold: 479
    • The Last 5 Year average price is £105,110 with Total Sold: 100
    • The most recent sale happened at this postcode is , 6 ELLINGTON TERRACE: £110,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , DUNEDIN FIRST ROW: £69,950 (Sold on 12 Apr 1995)
  • Other
    • The average price is around £858,529 median price is £180,000 Standard Deviation is £1,934,778 with Total Sold: 17
    • The Last 5 Year average price is £1,168,182 with Total Sold: 11
    • The most recent sale happened at this postcode is , 14 STAMFORDHAM COURT: £80,000 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is , 21 HIGH MARKET: £275,000 (Sold on 21 Mar 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£302,7502
2023£147,400 £1,866 5
2022£159,000 £2,351 7
2021£140,812 £1,871 8
2020£121,214 £1,383 7
2019£117,875 £1,957 4
2018£123,988 £1,290 4
2017£145,467 £2,113 6
2016£134,785 £1,897 12
2015£124,983 £1,648 9
2014£136,336 £1,999 7
2013£133,960 £1,462 5
2012£135,170 £2,209 5
2011£128,567 £2,830 6
2010£145,080 £2,137 5
2009£110,0001
2008£183,118 £1,024 4
2007£137,850 £1,538 11
2006£157,651 £1,436 3
2005£117,125 £1,554 4
2004£102,242 £1,586 6
2003£95,227 £1,243 11
2002£89,233 £1,058 6
2001£56,908 £363 6
2000£42,874 £492 7
1999£52,424 £318 5
1998£34,000 £398 2
1996£59,248 £541 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£35,0001
2023£226,038 £2,254 12
2022£207,650 £1,961 15
2021£193,353 £1,990 18
2020£178,290 £1,846 5
2019£179,217 £1,728 24
2018£188,138 £1,934 22
2017£185,072 £1,954 23
2016£184,414 £1,790 28
2015£184,805 £1,751 31
2014£174,764 £1,735 26
2013£184,535 £1,710 17
2012£185,296 £1,791 13
2011£180,215 £2,359 13
2010£187,255 £2,379 11
2009£196,300 £1,713 8
2008£194,066 £1,823 7
2007£181,031 £1,670 10
2006£207,008 £1,793 14
2005£229,825 £1,790 14
2004£160,082 £1,673 6
2003£154,277 £1,602 26
2002£110,367 £1,358 6
2001£86,000 £693 2
1999£69,500 £549 3
1997£61,5002
1996£74,049 £854 9
1995£76,364 £683 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£72,667 £1,248 6
2023£69,911 £1,078 9
2022£67,833 £1,128 15
2021£62,867 £1,061 15
2020£51,223 £836 13
2019£45,500 £883 4
2018£72,000 £1,268 5
2017£77,172 £1,313 10
2016£76,907 £1,315 10
2015£63,726 £1,075 19
2014£62,181 £1,036 8
2013£69,933 £1,244 9
2012£65,094 £1,141 9
2011£73,425 £1,293 10
2010£84,398 £1,717 4
2009£88,992 £1,440 6
2008£71,645 £1,065 7
2007£92,147 £1,660 14
2006£83,649 £1,486 18
2005£94,473 £1,632 11
2004£45,643 £880 7
2003£43,0001
2002£22,760 £352 3
2001£18,542 £260 6
2000£21,975 £356 2
1999£23,833 £380 6
1998£29,000 £408 1
1997£30,0001
1996£15,400 £244 3
1995£31,380 £417 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,425 £1,339 6
2023£115,342 £1,445 13
2022£95,838 £1,051 20
2021£98,054 £1,181 27
2020£114,062 £1,094 16
2019£103,878 £1,210 18
2018£111,628 £1,346 20
2017£115,382 £1,503 28
2016£99,286 £1,303 22
2015£93,120 £1,050 15
2014£125,977 £1,102 11
2013£88,765 £984 13
2012£80,550 £781 10
2011£89,723 £1,072 11
2010£94,083 £1,094 18
2009£91,009 £1,458 11
2008£124,201 £1,306 12
2007£110,969 £1,511 24
2006£107,848 £1,332 23
2005£108,205 £1,192 19
2004£100,398 £1,066 25
2003£100,757 £1,083 33
2002£32,940 £381 10
2001£36,993 £332 21
2000£32,740 £247 8
1999£24,671 £264 8
1998£28,412 £276 8
1997£27,454 £292 12
1996£29,072 £363 9
1995£32,925 £274 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£584,000 £1,419 5
2022£152,5002
2021£45,0001
2020£8,250,000 £67,073 1
2019£665,0002
2018£311,667 £897 3
2017£267,500 £6,250 2
2014£275,0001

House Type in NE63 8PH area

The most common house types in the NE63 8PH postcode area are Flat (63), Semi-detached (19), and Terraced (12).

Total97
Flat63
Semi-detached19
Terraced12
Shared house2
converted building1
Detached0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (24), and Social rented: Rents from council or Local Authority (21).

Social rented: Other social rented24
Social rented: Rents from council or Local Authority21
Private rented: Private landlord or letting agency18
Owned: Owns outright16
Shared ownership: Shared ownership10
Owned: Owns with a mortgage or loan8
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE63 8PH have 1 person in household (68), and 2 people in household (17).

1 person in household68
2 people in household17
3 people in household7
4 people in household4
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0