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House Prices in NE43

The average house price in NE43 (Stocksfield) is £55,000 using HM Land Registry data.

The average property price decreased by £58,087 (-74.3%) over the last 5 years and decreased by £11,638 (-8.46%) over the last 12 months.

Over the last year, there were 50 residential property sales – a decrease of 11 transactions (-22.00%) relative to the previous year. The majority of house sales (16) were in the £130,000 - £236,000 range. Then came properties in the £342,000 - £448,000 range, where 9 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 £-3,692 (-1%).

In Oct 24, there were 1 new estate agency instructions, 5 agreed home sales and property price reductions.

5-Year Average Property Prices in NE43 (Stocksfield)

74.3%

Property prices in Stocksfield increased by 74.3% 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 NE43 (Stocksfield) Over the Last Year

8.46%

Property prices in Stocksfield increased by 8.46% 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 NE43 (Stocksfield) - 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 NE43 (Stocksfield)

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 NE43 (Stocksfield)

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 NE43 (Stocksfield)

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 NE43 (Stocksfield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE43 postcode area since 1995.

Recent Sales in NE43 (Stocksfield)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
216 New Ridley Road, Stocksfield, Northumberland, NE43 7QF	£585,000	£580,000	-£5,000	16 Feb 2024	08 Aug 2024	174 Days
Flat 15, Ford Rise, Birches Nook, Stocksfield, Northumberland, NE43 7JP	£60,000	£55,000	-£5,000	27 Sep 2017	12 Jul 2024	2480 Days
52 Welton Close, Stocksfield, Northumberland, NE43 7ER	£220,000	£217,000	-£3,000	02 Nov 2023	24 Jun 2024	235 Days
86 New Ridley Road, Stocksfield, Northumberland, NE43 7EF	£250,000	£240,500	-£9,500	22 Jan 2024	14 Jun 2024	144 Days
58 Painshawfield Road, Stocksfield, Northumberland, NE43 7QY	£700,000	£610,000	-£90,000	27 Oct 2023	04 Jun 2024	221 Days
Flat 4, Ford Rise, Birches Nook, Stocksfield, Northumberland, NE43 7JP	£95,000	£89,000	-£6,000	19 Oct 2023	31 May 2024	225 Days
9 Birkdene, Stocksfield, Northumberland, NE43 7EN	£199,950	£190,000	-£9,950	28 Nov 2023	10 May 2024	164 Days
2 Elm Street, West Mickley, Stocksfield, Northumberland, NE43 7BD	£185,000	£181,000	-£4,000	09 Nov 2023	10 May 2024	183 Days
7 The Grove, New Ridley, Stocksfield, Northumberland, NE43 7RD	£190,000	£171,000	-£19,000	25 Oct 2023	05 Apr 2024	163 Days
172 New Ridley Road, Stocksfield, Northumberland, NE43 7EL	£275,000	£262,500	-£12,500	10 Nov 2023	04 Apr 2024	146 Days
5 Bywell View, Stocksfield, Northumberland, NE43 7LG	£130,000	£123,500	-£6,500	16 Oct 2023	28 Feb 2024	135 Days
30 Meadowfield Road, Stocksfield, Northumberland, NE43 7PY	£350,000	£350,000	£00	21 Sep 2023	16 Feb 2024	148 Days
255 New Ridley Road, Stocksfield, Northumberland, NE43 7QB	£350,000	£345,000	-£5,000	22 Sep 2023	24 Jan 2024	124 Days
62 New Ridley Road, Stocksfield, Northumberland, NE43 7ED	£185,000	£170,000	-£15,000	12 Jul 2023	12 Jan 2024	184 Days
9 Winston Way, New Ridley, Stocksfield, Northumberland, NE43 7RF	£385,000	£370,000	-£15,000	08 Sep 2023	08 Jan 2024	122 Days
293 New Ridley Road, Stocksfield, Northumberland, NE43 7RB	£350,000	£332,000	-£18,000	11 Sep 2023	08 Dec 2023	88 Days
2 Meadowfield Terrace, Stocksfield, Northumberland, NE43 7LJ	£190,000	£188,000	-£2,000	21 Jun 2023	07 Dec 2023	169 Days
14 Branch End Terrace, Stocksfield, Northumberland, NE43 7JY	£200,000	£200,000	£00	13 Sep 2023	30 Nov 2023	78 Days
1 Brumwell Court, Stocksfield, Northumberland, NE43 7ND	£450,000	£450,000	£00	20 Jun 2023	22 Nov 2023	155 Days
78 New Ridley Road, Stocksfield, Northumberland, NE43 7ED	£180,000	£177,750	-£2,250	09 May 2023	06 Nov 2023	181 Days

Most Expensive Streets in NE43 (Stocksfield)

Postcode	Street	Area	Average	No. of Sales
NE43 7PQ	Apperley Road	Stocksfield	£877,243	4
NE43 7SA	Stocksfield, Northumberland	Stocksfield	£813,333	3
NE43 7PB	Cade Hill Road	Stocksfield	£740,000	4
NE43 7PX	Painshawfield Road	Stocksfield	£731,666	3
NE43 7PG	Apperley Road	Stocksfield	£727,333	3
NE43 7QY	Painshawfield Road	Stocksfield	£685,000	3
NE43 7QB	New Ridley Road	Stocksfield	£666,000	5
NE43 7HT	Broomley	Stocksfield	£656,250	4
NE43 7UU	Newton	Stocksfield	£604,333	6
NE43 7UL	Newton	Stocksfield	£556,412	14

Least Expensive Streets in NE43 (Stocksfield)

Postcode	Street	Area	Average	No. of Sales
NE43 7RL	Stobarts Field, New Ridley	Stocksfield	£46,750	3
NE43 7JP	Ford Rise, Birches Nook	Stocksfield	£73,500	4
NE43 7BU	Riding Terrace, Mickley	Stocksfield	£100,333	3
NE43 7LG	Bywell View	Stocksfield	£128,900	5
NE43 7LY	Leah Gardens, Mickley	Stocksfield	£145,250	3
NE43 7AX	Bearl View, West Mickley	Stocksfield	£149,250	6
NE43 7JY	Branch Terrace	Stocksfield	£149,833	3
NE43 7ED	New Ridley Road	Stocksfield	£155,150	5
NE43 7EP	Welton Close	Stocksfield	£160,991	6
NE43 7LJ	Meadowfield Terrace	Stocksfield	£170,750	4