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House Prices in NE24 House Prices in NE24 (Blyth)

The average house price in NE24 (Blyth) is £149,535 using HM Land Registry data.

The average property price increased by £35,603 (18.36%) over the last 5 years and increased by £7,133 (2.92%) over the last 12 months.

Over the last year, there were 351 residential property sales – a decrease of 177 transactions (-50.43%) relative to the previous year. The majority of house sales (71) were in the £96,000 - £132,000 range. Then came properties in the £60,000 - £96,000 range, where 59 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,140 (-2%).

In Oct 24, there were 72 new estate agency instructions, 61 agreed home sales and 27 property price reductions.

Nearby Postcodes: NE12, NE13, NE22, NE23, NE25, NE26, NE27, NE28, NE29, NE3, NE30, NE61, NE62, NE63, NE64

5-Year Average Property Prices in NE24 (Blyth)

18.36%

Property prices in Blyth increased by 18.36% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NE24 (Blyth) Over the Last Year

2.92%

Property prices in Blyth increased by 2.92% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NE24 (Blyth) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NE24 (Blyth)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NE24 (Blyth)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NE24 (Blyth)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NE24 (Blyth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE24 postcode area since 1995.

Recent Sales in NE24 (Blyth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
52 Carrick Drive, Blyth, Northumberland, NE24 3SX£220,000£200,000-£20,00010 Oct 202309 Aug 2024304 Days
8 Hallside Road, Blyth, Northumberland, NE24 5PF£80,000£70,000-£10,00018 Mar 202409 Aug 2024144 Days
8 Eleventh Avenue, Blyth, Northumberland, NE24 2PX£110,000£108,000-£2,00017 May 202408 Aug 202483 Days
15 St Cuthberts Court, Blyth, Northumberland, NE24 2DH£75,000£75,000£0021 Feb 202402 Aug 2024163 Days
29 Ingleby Way, Blyth, Northumberland, NE24 3PD£130,000£125,000-£5,00007 May 202431 Jul 202485 Days
31 Plessey Avenue, Blyth, Northumberland, NE24 3JR£200,000£192,000-£8,00015 Feb 202429 Jul 2024165 Days
52 Durban Street, Blyth, Northumberland, NE24 1PT£125,000£120,000-£5,00031 Dec 202326 Jul 2024208 Days
22 Hedley Avenue, Blyth, Northumberland, NE24 3JW£130,000£130,000£0015 Apr 202422 Jul 202498 Days
26 Eighth Avenue, Blyth, Northumberland, NE24 2QF£120,000£120,000£0029 Jan 202405 Jul 2024158 Days
53 Kingsway, Blyth, Northumberland, NE24 2RU£325,000£295,000-£30,00029 Nov 202305 Jul 2024219 Days
20 The Pastures, Blyth, Northumberland, NE24 3HA£190,000£185,000-£5,00023 Jan 202403 Jul 2024162 Days
60 Solingen Estate, Blyth, Northumberland, NE24 3ER£169,950£152,000-£17,95010 Jul 202328 Jun 2024354 Days
22 Chester Grove, Blyth, Northumberland, NE24 5SH£129,950£125,000-£4,95013 Feb 202428 Jun 2024136 Days
5 Unity Terrace, Cambois, Blyth, Northumberland, NE24 1QU£75,000£67,000-£8,00012 Apr 202424 Jun 202473 Days
40 Priory Grange, Blyth, Northumberland, NE24 5BA£185,000£180,000-£5,00015 Mar 202419 Jun 202496 Days
52 Woodbine Terrace, Blyth, Northumberland, NE24 3DW£99,950£89,000-£10,95015 Nov 202314 Jun 2024212 Days
24 Grosvenor Place, Blyth, Northumberland, NE24 4NA£155,000£155,000£0021 Feb 202407 Jun 2024107 Days
20 Dunblane Drive, Blyth, Northumberland, NE24 3SW£365,000£347,500-£17,50021 Mar 202307 Jun 2024444 Days
11 Hampstead Close, Blyth, Northumberland, NE24 3XE£230,000£220,000-£10,00025 Oct 202306 Jun 2024225 Days
8 Stardale Avenue, Blyth, Northumberland, NE24 4EJ£200,000£200,000£0008 Feb 202403 Jun 2024116 Days

Most Expensive Streets in NE24 (Blyth)

PostcodeStreetAreaAverageNo. of Sales
NE24 3RREsher GardensBlyth£374,1663
NE24 4UQPine GroveBlyth£344,3283
NE24 4UNSandhills PlaceBlyth£328,2454
NE24 3XRMulberry CloseBlyth£327,3163
NE24 4SFHorton ManorBlyth£322,3333
NE24 2LUMiddleton StreetBlyth£317,5004
NE24 3XQJuniper CloseBlyth£311,6663
NE24 4BRMeadow ViewBlyth£305,2188
NE24 3XYKensington CourtBlyth£282,5004
NE24 3XTCedar GroveBlyth£272,7504

Least Expensive Streets in NE24 (Blyth)

PostcodeStreetAreaAverageNo. of Sales
NE24 4QZHolystone AvenueBlyth£22,8333
NE24 1QPWest Bridge Street, CamboisBlyth£35,0003
NE24 1JBDisraeli StreetBlyth£36,0624
NE24 2RQMarlow StreetBlyth£39,6663
NE24 1NFArgyle MewsBlyth£40,6663
NE24 1NLGoschen StreetBlyth£42,4163
NE24 1HFWright StreetBlyth£42,5833
NE24 1JEDisraeli StreetBlyth£43,3438
NE24 1DNDelaval TerraceBlyth£44,0254
NE24 2NXRenwick RoadBlyth£44,1663

Explore NE24 (Blyth) using map

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