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House Prices in NE42 House Prices in NE42 (Prudhoe)

The average house price in NE42 (Prudhoe) is £249,659 using HM Land Registry data.

The average property price increased by £9,917 (12.39%) over the last 5 years and increased by £1,987 (2.06%) over the last 12 months.

Over the last year, there were 126 residential property sales – a decrease of 34 transactions (-26.98%) relative to the previous year. The majority of house sales (34) were in the £138,000 - £186,000 range. Then came properties in the £90,000 - £138,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,117 (-2%).

In Dec 24, there were 11 new estate agency instructions, 9 agreed home sales and 10 property price reductions.

Nearby Postcodes: DH8, NE11, NE15, NE17, NE18, NE20, NE21, NE39, NE4, NE40, NE41, NE43, NE44, NE45, NE5

5-Year Average Property Prices in NE42 (Prudhoe)

12.39%

Property prices in Prudhoe increased by 12.39% 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 NE42 (Prudhoe) Over the Last Year

2.06%

Property prices in Prudhoe increased by 2.06% 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 NE42 (Prudhoe) - Dec 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 NE42 (Prudhoe)

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 NE42 (Prudhoe)

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 NE42 (Prudhoe)

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 NE42 (Prudhoe) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE42 postcode area since 1995.

Recent Sales in NE42 (Prudhoe)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Moor Road, Prudhoe, Northumberland, NE42 5LH£250,000£110,000-£140,00010 Sep 202426 Nov 202477 Days
1 Greener Court, Prudhoe, Northumberland, NE42 6RN£350,000£349,000-£1,00018 Sep 202415 Nov 202458 Days
1 Moorlands, Prudhoe, Northumberland, NE42 5LR£180,000£180,000£0023 May 202405 Nov 2024166 Days
8 Cameron Road, Prudhoe, Northumberland, NE42 5AJ£109,000£90,000-£19,00029 Feb 202401 Nov 2024246 Days
11 Cranleigh Grove, Prudhoe, Northumberland, NE42 5QA£160,000£160,000£0023 May 202407 Oct 2024137 Days
35 Parkwood Avenue, Prudhoe, Northumberland, NE42 5EF£115,000£109,000-£6,00022 Apr 202403 Oct 2024164 Days
14 Broomhouse Road, Prudhoe, Northumberland, NE42 5EJ£110,000£39,025-£70,97512 Mar 201901 Oct 20242030 Days
24 Beaumont Terrace, Prudhoe, Northumberland, NE42 6JZ£200,000£190,000-£10,00016 May 202427 Sep 2024134 Days
43 Homedale, Prudhoe, Northumberland, NE42 5AY£320,000£320,000£0015 May 202413 Sep 2024121 Days
1 The Terrace, Ovingham, Prudhoe, Northumberland, NE42 6AJ£500,000£500,000£0012 Apr 202406 Sep 2024147 Days
21 Prospect Terrace, Prudhoe, Northumberland, NE42 6JD£165,000£162,000-£3,00010 Apr 202405 Sep 2024148 Days
19 Beech Grove South, Prudhoe, Northumberland, NE42 6HX£169,950£166,250-£3,70031 May 202430 Aug 202491 Days
11 Moor Road, Prudhoe, Northumberland, NE42 5LH£375,000£375,000£0012 Mar 202427 Aug 2024168 Days
27 Moor Road, Prudhoe, Northumberland, NE42 5LL£300,000£300,000£0004 Apr 202423 Aug 2024141 Days
17 Farmwell Place, Prudhoe, Northumberland, NE42 5FB£275,000£275,000£0011 Apr 202423 Aug 2024134 Days
4 High Shaw, Prudhoe, Northumberland, NE42 6LD£140,000£140,000£0004 Apr 202420 Aug 2024138 Days
2 Duckets Dean, Prudhoe, Northumberland, NE42 5QL£290,000£290,000£0014 Mar 202416 Aug 2024155 Days
12 Ovington View, Prudhoe, Northumberland, NE42 6RG£325,000£302,500-£22,50029 Jan 202415 Aug 2024199 Days
2 Towneley Court, Prudhoe, Northumberland, NE42 5FF£275,000£265,000-£10,00016 Feb 202415 Aug 2024181 Days
1 Lime Grove, Prudhoe, Northumberland, NE42 6PR£230,000£220,000-£10,00014 Mar 202413 Aug 2024152 Days

Most Expensive Streets in NE42 (Prudhoe)

PostcodeStreetAreaAverageNo. of Sales
NE42 5BSLinnet Gardens, Cottier GrangePrudhoe£544,0003
NE42 6AJThe Terrace, OvinghamPrudhoe£475,0003
NE42 5FUBarony Drive, Cottier GrangePrudhoe£457,5955
NE42 6BSBurnside Close, OvinghamPrudhoe£416,3333
NE42 5LLMoor RoadPrudhoe£386,6663
NE42 5FXMccoull Drive, Cottier GrangePrudhoe£379,99517
NE42 5BZSpinney Gardens, Cottier GrangePrudhoe£373,80511
NE42 5EYWoodland View, Cottier GrangePrudhoe£357,96510
NE42 6EHSpringfield, OvingtonPrudhoe£357,5003
NE42 5FNNorthumberland CourtPrudhoe£328,7504

Least Expensive Streets in NE42 (Prudhoe)

PostcodeStreetAreaAverageNo. of Sales
NE42 5HDAcorn SquarePrudhoe£80,1663
NE42 5JYLocomotive CourtPrudhoe£82,8005
NE42 5DWScales CrescentPrudhoe£85,0004
NE42 6NFCastle ClosePrudhoe£87,7504
NE42 5ETThe Manors, Adderlane RoadPrudhoe£88,2508
NE42 6NHCastle LeaPrudhoe£88,8333
NE42 5HPNeale StreetPrudhoe£89,0003
NE42 5EJBroomhouse RoadPrudhoe£95,5064
NE42 5ADWesley StreetPrudhoe£96,6663
NE42 6JXWoodburn TerracePrudhoe£98,1254

Explore NE42 (Prudhoe) using map

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