You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in NE41

House Prices in NE41

The average house price in NE41 (Wylam) is £470,000 using HM Land Registry data.

The average property price increased by £144,596 (-7.01%) over the last 5 years and increased by £28,972 (-1.36%) over the last 12 months.

Over the last year, there were 25 residential property sales – a decrease of 5 transactions (-20.00%) relative to the previous year. The majority of house sales (6) were in the £190,000 - £246,000 range. Then came properties in the £302,000 - £358,000 range, where 4 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,000 (0%).

In Oct 24, there were 1 new estate agency instructions, 1 agreed home sales and 1 property price reductions.

5-Year Average Property Prices in NE41 (Wylam)

-7.01%

Property prices in Wylam decreased by -7.01% 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 NE41 (Wylam) Over the Last Year

-1.36%

Property prices in Wylam decreased by -1.36% 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.

Property Market Heat Gauge for NE41 (Wylam) - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 NE41 (Wylam)

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 NE41 (Wylam)

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 NE41 (Wylam)

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 NE41 (Wylam) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE41 postcode area since 1995.

Recent Sales in NE41 (Wylam)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Wylam Wood House, Wylam Wood Road, Wylam, Northumberland, NE41 8HZ	£1,250,000	£1,100,000	-£150,000	07 Sep 2023	06 Mar 2024	181 Days
123 Dene Road, Wylam, Northumberland, NE41 8EZ	£200,000	£191,000	-£9,000	08 Aug 2023	02 Feb 2024	178 Days
102 Dene Road, Wylam, Northumberland, NE41 8HA	£300,000	£300,000	£00	31 Jul 2023	12 Jan 2024	165 Days
11 Woodcroft Road, Wylam, Northumberland, NE41 8DJ	£420,000	£419,000	-£1,000	11 Aug 2023	11 Dec 2023	122 Days
The Nook, Hagg Bank, Wylam, Northumberland, NE41 8JU	£275,000	£275,000	£00	06 Apr 2023	30 Oct 2023	207 Days
4 Dene Terrace West, Wylam, Northumberland, NE41 8AZ	£230,000	£225,000	-£5,000	24 Apr 2023	27 Sep 2023	156 Days
4 Woodvale Gardens, Wylam, Northumberland, NE41 8ES	£325,000	£325,000	£00	10 Apr 2023	27 Sep 2023	170 Days
16 Bell Road, Wylam, Northumberland, NE41 8EH	£235,000	£235,000	£00	07 Jun 2023	12 Sep 2023	97 Days
8 Hedley Road, Wylam, Northumberland, NE41 8EG	£225,000	£225,000	£00	18 Apr 2023	29 Aug 2023	133 Days
16 The Dene, Wylam, Northumberland, NE41 8EN	£395,000	£395,000	£00	27 Feb 2023	07 Jun 2023	100 Days
7 Falcon Terrace, Wylam, Northumberland, NE41 8EE	£470,000	£467,000	-£3,000	22 Dec 2022	25 May 2023	154 Days
15 Woodcroft Road, Wylam, Northumberland, NE41 8DJ	£325,000	£325,000	£00	14 Oct 2022	28 Apr 2023	196 Days
Hollyn Dene, Acomb Drive, Wylam, Northumberland, NE41 8BD	£750,000	£735,000	-£15,000	08 Sep 2022	15 Mar 2023	188 Days
1 Dene Terrace East, Wylam, Northumberland, NE41 8AY	£300,000	£300,000	£00	28 Sep 2022	01 Feb 2023	126 Days
Hillside, Wylam Wood Road, Wylam, Northumberland, NE41 8HX	£575,000	£575,000	£00	10 May 2022	12 Sep 2022	125 Days
Talland House, Wylam Wood Road, Wylam, Northumberland, NE41 8HX	£625,000	£597,500	-£27,500	11 Mar 2022	18 Aug 2022	160 Days
9 Hedley Road, Wylam, Northumberland, NE41 8EF	£220,000	£205,000	-£15,000	16 Mar 2022	29 Jul 2022	135 Days
7 The Orchard, Wylam, Northumberland, NE41 8BS	£595,000	£525,000	-£70,000	08 Mar 2022	14 Jun 2022	98 Days
10 Stephenson Court, Wylam, Northumberland, NE41 8LA	£165,000	£162,000	-£3,000	25 Oct 2021	06 May 2022	193 Days
1 Parson Road, Wylam, Northumberland, NE41 8EQ	£250,000	£250,000	£00	14 Aug 2021	21 Mar 2022	219 Days

Most Expensive Streets in NE41 (Wylam)

Postcode	Street	Area	Average	No. of Sales
NE41 8HS	Elm Bank Road	Wylam	£829,333	3
NE41 8HX	Wylam Wood Road	Wylam	£604,166	3
NE41 8DE	Denecroft	Wylam	£593,333	3
NE41 8DJ	Woodcroft Road	Wylam	£411,800	5
NE41 8JP	Bradley Hall Farm	Wylam	£411,666	3
NE41 8EE	Falcon Terrace	Wylam	£404,571	7
NE41 8DS	Ingham Terrace	Wylam	£377,500	3
NE41 8AS	Church Road	Wylam	£336,666	3
NE41 8AS	Church Road	Wylam	£336,666	3
NE41 8EN	The Dene	Wylam	£325,333	3

Least Expensive Streets in NE41 (Wylam)

Postcode	Street	Area	Average	No. of Sales
NE41 8LA	Stephenson Court	Wylam	£153,000	3
NE41 8EZ	Dene Road	Wylam	£204,750	4
NE41 8JG	Castle Hill House	Wylam	£210,791	12
NE41 8EX	Tynedale Close	Wylam	£226,333	3
NE41 8EJ	Hackworth Gardens	Wylam	£232,142	7
NE41 8JA	Wylam Grange, Station Road	Wylam	£245,726	13
NE41 8HB	Dene Road	Wylam	£259,250	7
NE41 8EU	Bluebell Close	Wylam	£321,000	5
NE41 8EU	Bluebell Close	Wylam	£321,000	5
NE41 8EN	The Dene	Wylam	£325,333	3