Housing Market Analysis for SOMERSET CLOSE, NE63 8PJ

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £64,917 median price is £66,000 Standard Deviation is £19,673 with Total Sold: 6
    • The Last 5 Year average price is £58,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 35 SOMERSET CLOSE: £62,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is 35 SOMERSET CLOSE: £31,000 (Sold on 25 Oct 1996)
  • Terraced
    • The average price is around £52,290 median price is £42,950 Standard Deviation is £20,502 with Total Sold: 5
    • The most recent sale happened at this postcode is 43 SOMERSET CLOSE: £74,000 (Sold on 08 Jan 2016)
    • The first recorded sale happened at this postcode is 43 SOMERSET CLOSE: £27,000 (Sold on 24 Mar 1999)
  • Semi-Detached
    • The average price is around £76,333 median price is £92,000 Standard Deviation is £31,030 with Total Sold: 3
    • The most recent sale happened at this postcode is 40 SOMERSET CLOSE: £104,000 (Sold on 18 Mar 2005)
    • The first recorded sale happened at this postcode is 40 SOMERSET CLOSE: £33,000 (Sold on 27 Feb 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE63 8PJ 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£62,000 £721 1
2021£55,000 £647 1
2009£70,000 £1,003 1
2008£85,750 £1,082 2
1996£31,000 £360 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£74,000 £804 1
2015£79,000 £859 1
2007£38,5001
2001£42,9501
1999£27,000 £293 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£104,0001
2004£92,0001
1998£33,0001

All the Sales in the SOMERSET CLOSE, NE63 8PJ

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

AddressSold DatePrice% Change
35 SOMERSET CLOSEFlat, LeaseholdArea: 86 Sq.mtrAge: 1967-197531 Mar 2023£62,000-34.74%
25 Jan 2008£95,000206.45%
25 Oct 1996£31,000First Sale
34 SOMERSET CLOSEFlat, LeaseholdArea: 85 Sq.mtrAge: 1950-196612 Feb 2021£55,000First Sale
43 SOMERSET CLOSETerraced, FreeholdArea: 92 Sq.mtrAge: 1967-197508 Jan 2016£74,000174.07%
24 Mar 1999£27,000First Sale
42 SOMERSET CLOSETerraced, FreeholdArea: 92 Sq.mtrAge: 1967-197514 Dec 2015£79,000First Sale
38 SOMERSET CLOSEFlat, LeaseholdArea: 69.79 Sq.mtrAge: 1967-197520 Oct 2009£70,000First Sale
32 SOMERSET CLOSEFlat, LeaseholdArea: 72.2 Sq.mtrAge: 1967-197515 Feb 2008£76,500First Sale
37 SOMERSET CLOSETerraced, Leasehold05 Feb 2007£38,500First Sale
40 SOMERSET CLOSESemi-Detached, Freehold18 Mar 2005£104,00013.04%
29 Jun 2004£92,000178.79%
27 Feb 1998£33,000First Sale
41 SOMERSET CLOSETerraced, Freehold21 Dec 2001£42,950First Sale

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

SOMERSET CLOSE, NE63 8PJ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £124,331 median price is £125,000 Standard Deviation is £55,966 with Total Sold: 150
    • 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 , 7 HOME FARM CLOSE: £71,995 (Sold on 23 Aug 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 £67,138 median price is £69,000 Standard Deviation is £26,035 with Total Sold: 222
    • The Last 5 Year average price is £62,710 with Total Sold: 60
    • 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 £98,729 median price is £101,500 Standard Deviation is £44,576 with Total Sold: 371
    • The Last 5 Year average price is £111,974 with Total Sold: 80
    • 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 £988,929 median price is £212,500 Standard Deviation is £2,105,235 with Total Sold: 14
    • The Last 5 Year average price is £1,512,500 with Total Sold: 8
    • 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£289,736 £1,557 2
2007£151,039 £1,603 9
2006£174,7262
2005£117,125 £1,554 4
2004£102,590 £1,726 5
2003£97,750 £1,334 10
2002£91,180 £1,091 5
2001£64,890 £435 5
2000£42,874 £492 7
1999£52,424 £318 5
1998£34,000 £398 2
1996£71,9951
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£69,588 £1,060 8
2022£67,833 £1,128 15
2021£62,867 £1,061 15
2020£52,283 £852 12
2019£45,500 £883 4
2018£72,000 £1,268 5
2017£77,172 £1,313 10
2016£76,907 £1,315 10
2015£67,371 £1,128 17
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£92,312 £1,674 13
2006£88,845 £1,578 15
2005£95,220 £1,652 10
2004£38,700 £695 5
2003£43,0001
2002£22,760 £352 3
2001£16,312 £213 4
2000£21,975 £356 2
1999£23,833 £380 6
1998£29,000 £408 1
1997£30,0001
1996£18,350 £244 2
1995£34,600 £417 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£124,8005
2023£116,287 £1,471 12
2022£100,554 £1,130 14
2021£107,212 £1,285 21
2020£124,000 £1,156 13
2019£111,153 £1,300 15
2018£117,621 £1,433 17
2017£121,446 £1,611 24
2016£105,174 £1,393 19
2015£96,754 £1,082 13
2014£132,245 £1,141 10
2013£87,905 £962 11
2012£85,583 £763 6
2011£98,369 £1,207 8
2010£98,308 £1,150 13
2009£100,138 £1,528 8
2008£127,291 £1,386 10
2007£115,513 £1,451 20
2006£115,441 £1,375 16
2005£122,223 £1,315 13
2004£105,142 £1,079 20
2003£105,053 £1,143 28
2002£32,862 £424 4
2001£37,707 £318 14
2000£33,710 £247 7
1999£27,124 £307 5
1998£32,070 £301 5
1997£24,000 £270 7
1996£26,814 £351 7
1995£36,817 £328 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£716,250 £1,891 4
2022£152,5002
2020£8,250,000 £67,073 1
2019£680,0001
2018£311,667 £897 3
2017£267,500 £6,250 2
2014£275,0001

House Type in NE63 8PJ area

The most common house types in the NE63 8PJ postcode area are Terraced (95), Semi-detached (14), and Detached (12).

Total134
Terraced95
Semi-detached14
Detached12
Flat12
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (58), and Social rented: Rents from council or Local Authority (36).

Social rented: Other social rented58
Social rented: Rents from council or Local Authority36
Owned: Owns outright14
Owned: Owns with a mortgage or loan10
Private rented: Private landlord or letting agency10
Private rented: Other private rented3
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE63 8PJ have 1 person in household (86), and 2 people in household (38).

1 person in household86
2 people in household38
3 people in household4
4 people in household3
5 people in household1
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0