You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in NE44

House Prices in NE44

The average house price in NE44 (Riding Mill) is £585,000 using HM Land Registry data.

The average property price increased by £101,458 (42.7%) over the last 5 years and increased by £20,329 (5.79%) over the last 12 months.

Over the last year, there were 12 residential property sales – a decrease of 6 transactions (-50.00%) relative to the previous year. The majority of house sales (5) were in the £230,000 - £464,000 range. Then came properties in the £464,000 - £698,000 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 £0 (0%).

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

5-Year Average Property Prices in NE44 (Riding Mill)

42.7%

Property prices in Riding Mill increased by 42.7% 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 NE44 (Riding Mill) Over the Last Year

5.79%

Property prices in Riding Mill increased by 5.79% 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 NE44 (Riding Mill) - 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 NE44 (Riding Mill)

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 NE44 (Riding Mill)

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 NE44 (Riding Mill)

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 NE44 (Riding Mill) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE44 postcode area since 1995.

Recent Sales in NE44 (Riding Mill)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Holly House, Sandy Bank, Riding Mill, Northumberland, NE44 6HS	£585,000	£585,000	£00	02 Sep 2023	01 Jul 2024	303 Days
44 Station Close, Riding Mill, Northumberland, NE44 6HF	£260,000	£240,000	-£20,000	10 May 2023	09 Feb 2024	275 Days
Overdene, Sandy Bank, Riding Mill, Northumberland, NE44 6HT	£1,550,000	£1,400,000	-£150,000	07 Jun 2023	30 Nov 2023	176 Days
4 Hollin Hill Terrace, Riding Mill, Northumberland, NE44 6HR	£650,000	£617,500	-£32,500	24 Feb 2023	08 Sep 2023	196 Days
2 St James Terrace, Riding Mill, Northumberland, NE44 6ED	£425,000	£423,800	-£1,200	31 Jan 2023	30 Jun 2023	150 Days
Timbers, Sandy Bank, Riding Mill, Northumberland, NE44 6HU	£775,000	£703,000	-£72,000	18 Oct 2021	25 Jan 2023	464 Days
30 Station Close, Riding Mill, Northumberland, NE44 6HF	£280,000	£280,000	£00	20 Jun 2022	14 Oct 2022	116 Days
8 Riding Grange, Riding Mill, Northumberland, NE44 6HA	£750,000	£735,000	-£15,000	09 May 2022	12 Aug 2022	95 Days
41 Station Close, Riding Mill, Northumberland, NE44 6HF	£230,000	£222,000	-£8,000	02 Sep 2021	18 Feb 2022	169 Days
1 Station Close, Riding Mill, Northumberland, NE44 6HE	£299,950	£297,000	-£2,950	22 Oct 2021	31 Jan 2022	101 Days
33 Station Close, Riding Mill, Northumberland, NE44 6HF	£320,000	£312,000	-£8,000	11 Apr 2021	24 Nov 2021	227 Days
42 Station Close, Riding Mill, Northumberland, NE44 6HF	£250,000	£250,000	£00	05 May 2021	22 Nov 2021	201 Days
Horndon House, Long Rigg, Riding Mill, Northumberland, NE44 6AL	£550,000	£547,500	-£2,500	13 May 2021	30 Jun 2021	48 Days
6 Riding Grange, Riding Mill, Northumberland, NE44 6HA	£795,000	£785,000	-£10,000	12 Oct 2020	28 Jun 2021	259 Days
Brierlea, Marchburn Lane, Riding Mill, Northumberland, NE44 6DN	£399,950	£374,500	-£25,450	04 Aug 2019	03 Jun 2021	669 Days
17 Station Close, Riding Mill, Northumberland, NE44 6HE	£345,000	£340,000	-£5,000	17 Dec 2020	02 Jun 2021	167 Days
2 Hollin Hill Terrace, Riding Mill, Northumberland, NE44 6HR	£500,000	£486,000	-£14,000	13 Mar 2020	28 Apr 2021	411 Days
Firtrees, Sandy Bank, Riding Mill, Northumberland, NE44 6HU	£495,000	£495,000	£00	10 Sep 2020	08 Apr 2021	210 Days
4 Oaklands Rise, Riding Mill, Northumberland, NE44 6EX	£600,000	£579,000	-£21,000	02 Oct 2020	29 Mar 2021	178 Days
East Rigg, Long Rigg, Riding Mill, Northumberland, NE44 6AL	£430,000	£425,000	-£5,000	10 Aug 2020	22 Feb 2021	196 Days

Most Expensive Streets in NE44 (Riding Mill)

Postcode	Street	Area	Average	No. of Sales
NE44 6HS	Sandy Bank	Riding Mill	£840,000	3
NE44 6HT	Sandy Bank	Riding Mill	£838,000	5
NE44 6HR	Hollin Hill Terrace	Riding Mill	£717,125	4
NE44 6EX	Oaklands Rise	Riding Mill	£641,666	3
NE44 6EX	Oaklands Rise	Riding Mill	£641,666	3
NE44 6HU	Sandy Bank	Riding Mill	£521,600	5
NE44 6HU	Sandy Bank	Riding Mill	£521,600	5
NE44 6DN	Marchburn Lane	Riding Mill	£471,166	6
NE44 6DN	Marchburn Lane	Riding Mill	£471,166	6
NE44 6DP	Church Close	Riding Mill	£367,416	3

Least Expensive Streets in NE44 (Riding Mill)

Postcode	Street	Area	Average	No. of Sales
NE44 6ET	The Old Orchard	Riding Mill	£115,825	6
NE44 6HF	Station Close	Riding Mill	£241,777	9
NE44 6JA	Riding Lea Cottages	Riding Mill	£243,333	3
NE44 6EG	Broomhaugh	Riding Mill	£264,000	3
NE44 6EG	Broomhaugh	Riding Mill	£264,000	3
NE44 6HE	Station Close	Riding Mill	£328,625	4
NE44 6HE	Station Close	Riding Mill	£328,625	4
NE44 6HL	Riding Mill, Northumberland	Riding Mill	£330,249	6
NE44 6HL	Riding Mill, Northumberland	Riding Mill	£330,249	6
NE44 6DP	Church Close	Riding Mill	£367,416	3