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House Prices in NE63 House Prices in NE63 (Ashington)

The average house price in NE63 (Ashington) is £122,920 using HM Land Registry data.

The average property price increased by £20,796 (38.84%) over the last 5 years and increased by £4,167 (5.39%) over the last 12 months.

Over the last year, there were 287 residential property sales – a decrease of 65 transactions (-22.65%) relative to the previous year. The majority of house sales (69) were in the £50,000 - £88,000 range. Then came properties in the £88,000 - £126,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 103 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,947 (-2%).

In Dec 24, there were 40 new estate agency instructions, 25 agreed home sales and 18 property price reductions.

Nearby Postcodes: NE13, NE19, NE20, NE22, NE23, NE24, NE25, NE26, NE61, NE62, NE64, NE65

5-Year Average Property Prices in NE63 (Ashington)

38.84%

Property prices in Ashington increased by 38.84% 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 NE63 (Ashington) Over the Last Year

5.39%

Property prices in Ashington increased by 5.39% 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 NE63 (Ashington) - 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 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 NE63 (Ashington)

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 NE63 (Ashington)

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 NE63 (Ashington)

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 NE63 (Ashington) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE63 postcode area since 1995.

Recent Sales in NE63 (Ashington)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Laurel Drive, Ashington, Northumberland, NE63 9FF£315,000£315,000£0022 Nov 202222 Nov 2024731 Days
24 New Moor Close, Ashington, Northumberland, NE63 8RQ£147,000£141,200-£5,80008 Jun 202415 Nov 2024160 Days
15 Redwood Court, Ashington, Northumberland, NE63 9WF£180,000£180,000£0024 Apr 202413 Nov 2024203 Days
42 Rothbury Drive, Ashington, Northumberland, NE63 8TQ£325,000£325,000£0024 May 202406 Nov 2024166 Days
22 Bothal Terrace, Ashington, Northumberland, NE63 8PW£200,000£20,000-£180,00001 Jun 202406 Nov 2024158 Days
27 West Pastures, Ashington, Northumberland, NE63 8LB£220,000£220,000£0017 Jun 202404 Nov 2024140 Days
4 Greenside, Ashington, Northumberland, NE63 0SD£160,000£160,000£0031 Jul 202401 Nov 202493 Days
33 Monkseaton Terrace, Ashington, Northumberland, NE63 0UB£95,000£91,000-£4,00018 Mar 202431 Oct 2024227 Days
3 Cheshire Close, Ashington, Northumberland, NE63 8QE£135,000£131,000-£4,00006 Jul 202431 Oct 2024117 Days
34 Parkside Court, Ashington, Northumberland, NE63 9WE£199,950£196,500-£3,45024 May 202431 Oct 2024160 Days
41 Stonecross, Ashington, Northumberland, NE63 8EE£119,950£110,000-£9,95001 Oct 202431 Oct 202430 Days
37 Briardene, Ashington, Northumberland, NE63 8DU£98,000£94,000-£4,00018 Jul 202431 Oct 2024105 Days
9 Hedgerow Mews, Ashington, Northumberland, NE63 8LH£145,000£145,000£0011 Jul 202425 Oct 2024106 Days
23 Laburnum Terrace, Ashington, Northumberland, NE63 0AL£78,000£62,500-£15,50024 Oct 202320 Aug 2024301 Days
57 Seventh Row, Ashington, Northumberland, NE63 8HX£125,000£125,000£0007 Feb 202413 Aug 2024188 Days
7 Floyd Way, Essendene Rise, Ashington, Northumberland, NE63 0FE£230,000£225,000-£5,00019 Feb 202412 Aug 2024175 Days
70 Blackdene, Ashington, Northumberland, NE63 8TL£269,500£265,000-£4,50018 Dec 202302 Aug 2024228 Days
17 Jubilee Estate, Ashington, Northumberland, NE63 8TB£170,000£170,000£0004 Mar 202401 Aug 2024150 Days
165 Rosalind Street, Ashington, Northumberland, NE63 9BB£55,000£55,000£0009 May 202424 Jul 202476 Days
151 Woodhorn Villas, Ashington, Northumberland, NE63 9JE£125,000£119,000-£6,00031 Jan 202418 Jul 2024169 Days

Most Expensive Streets in NE63 (Ashington)

PostcodeStreetAreaAverageNo. of Sales
NE63 9UUThe HollowAshington£363,6663
NE63 8XYShotley CourtAshington£314,9984
NE63 0DHNursery ParkAshington£308,5836
NE63 9DQWoodhorn Mews, Woodhorn VillageAshington£304,0005
NE63 9GYBandon CourtAshington£283,3333
NE63 9TWThe DemesneAshington£278,1005
NE63 9GFBelfry CloseAshington£277,0256
NE63 8LHHedgerow MewsAshington£275,0003
NE63 9TPThe DemesneAshington£261,1113
NE63 8LPOtterburn DriveAshington£260,4166

Least Expensive Streets in NE63 (Ashington)

PostcodeStreetAreaAverageNo. of Sales
NE63 0BQSycamore StreetAshington£34,3333
NE63 0QASycamore StreetAshington£42,5004
NE63 0AYPoplar StreetAshington£42,8744
NE63 0BUMaple StreetAshington£43,6663
NE63 0QRChestnut StreetAshington£44,3333
NE63 0BWChestnut StreetAshington£44,8754
NE63 0HLSycamore StreetAshington£45,3333
NE63 9DNKatherine StreetAshington£45,8305
NE63 0BPChestnut StreetAshington£46,8336
NE63 9EYCastle TerraceAshington£48,1005

Explore NE63 (Ashington) using map

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