House Prices in NE45 House Prices in NE45 (Corbridge)

The average house price in NE45 (Corbridge) is £555,333 using HM Land Registry data.

The average property price decreased by £13,906 (--0.25%) over the last 5 years and decreased by £2,786 (--0.05%) over the last 12 months.

Over the last year, there were 59 residential property sales – a decrease of 14 transactions (-23.73%) relative to the previous year. The majority of house sales (16) were in the £330,000 - £430,000 range. Then came properties in the £430,000 - £530,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,357 (-4%).

In January 2025, there were 6 new estate agency instructions, 5 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in NE45 (Corbridge)

-0.25%

Property prices in NE45 (Corbridge) decreased by -0.25% 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 NE45 (Corbridge) Over the Last Year

-0.05%

Property prices in NE45 (Corbridge) decreased by -0.05% 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 NE45 (Corbridge) - January 2025

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 NE45 (Corbridge)

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 NE45 (Corbridge)

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 NE45 (Corbridge)

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 NE45 (Corbridge) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE45 postcode area since 1995.

Recent Sales in NE45 (Corbridge)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Hallgarth Close, Corbridge, Northumberland, NE45 5BS£550,000£520,000-£30,00026 Mar 202424 Oct 2024212 Days
13 Carrsfield, Corbridge, Northumberland, NE45 5LJ£395,000£385,000-£10,00021 May 202411 Sep 2024113 Days
15 Aydon Grove, Corbridge, Northumberland, NE45 5DZ£350,000£350,000£017 May 202422 Aug 202497 Days
12 Crofts Way, Corbridge, Northumberland, NE45 5NB£350,000£350,000£013 Oct 202325 Jan 2024104 Days
28 Chantry Estate, Corbridge, Northumberland, NE45 5JH£175,000£165,000-£10,00022 Sep 202301 Dec 202370 Days
8 Carrsfield, Corbridge, Northumberland, NE45 5LJ£400,000£350,000-£50,00010 Aug 202330 Nov 2023112 Days
1 Prior Terrace, Corbridge, Northumberland, NE45 5HN£385,000£375,000-£10,00014 Jul 202229 Nov 2023503 Days
21 St Helens Lane, Corbridge, Northumberland, NE45 5JE£350,000£300,000-£50,00026 Jun 202306 Nov 2023133 Days
28 Aydon Avenue, Corbridge, Northumberland, NE45 5DY£290,000£268,000-£22,00010 May 202303 Nov 2023177 Days
4 Woodbine Terrace, Corbridge, Northumberland, NE45 5BD£300,000£290,000-£10,00019 Jun 202312 Oct 2023115 Days
4 St Andrews Terrace, Corbridge, Northumberland, NE45 5AL£250,000£249,500-£50018 May 202329 Sep 2023134 Days
10 Jameson Drive, Corbridge, Northumberland, NE45 5EX£600,000£600,000£012 Jan 202304 Jul 2023173 Days
Hudshaw, Appletree Lane, Corbridge, Northumberland, NE45 5DN£650,000£622,500-£27,50001 Mar 202308 Jun 202399 Days
8 Carham Close, Corbridge, Northumberland, NE45 5NA£325,000£325,000£023 Jan 202317 Apr 202384 Days
11 St Wilfreds Road, Corbridge, Northumberland, NE45 5DE£225,000£220,000-£5,00019 Oct 202213 Jan 202386 Days
11 Trinity Terrace, Corbridge, Northumberland, NE45 5HW£425,000£425,000£009 Apr 202219 Aug 2022132 Days
23 Milkwell, Corbridge, Northumberland, NE45 5JG£195,000£195,000£014 Feb 202230 Jun 2022136 Days
21 The Riggs, Corbridge, Northumberland, NE45 5JX£185,000£170,000-£15,00022 Aug 201924 May 20221006 Days
22 St Helens Lane, Corbridge, Northumberland, NE45 5JE£225,000£220,000-£5,00016 Dec 202112 Apr 2022117 Days
35 Roman Way, Corbridge, Northumberland, NE45 5JN£210,000£200,000-£10,00026 Oct 202107 Apr 2022163 Days

Most Expensive Streets in NE45 (Corbridge)

PostcodeStreetAreaAverageNo. of Sales
NE45 5ABSiskin DriveCorbridge£614,0005
NE45 5DWGreencroft AvenueCorbridge£590,3333
NE45 5EXJameson DriveCorbridge£564,7779
NE45 5HZPriory GardensCorbridge£513,3333
NE45 5BZPrinces Court, Princes Street, CorbridgeCorbridge£509,7504
NE45 5HRStagshaw RoadCorbridge£506,6663
NE45 5RLThe OaksCorbridge£495,6663
NE45 5HHWest TerraceCorbridge£493,3333
NE45 5SDChillingham Court, Roman HeightsCorbridge£492,3605
NE45 5EUCragsideCorbridge£463,5836

Least Expensive Streets in NE45 (Corbridge)

PostcodeStreetAreaAverageNo. of Sales
NE45 5BNWindsor CourtCorbridge£96,44510
NE45 5ESPrimlea Court, Aydon RoadCorbridge£145,65010
NE45 5JHChantry EstateCorbridge£158,7506
NE45 5DESt Wilfreds RoadCorbridge£182,5004
NE45 5JGMilkwellCorbridge£185,8543
NE45 5JESt Helens LaneCorbridge£193,7506
NE45 5JFSynclen AvenueCorbridge£201,8333
NE45 5JNRoman WayCorbridge£209,1663
NE45 5AAHill StreetCorbridge£230,5115
NE45 5DSGlebelandsCorbridge£254,5157

Explore NE45 (Corbridge) using map