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House Prices in NE64 House Prices in NE64 (Newbiggin-By-The-Sea)

The average house price in NE64 (Newbiggin-By-The-Sea) is £115,000 using HM Land Registry data.

The average property price increased by £49,180 (-3.32%) over the last 5 years and increased by £9,854 (-0.63%) over the last 12 months.

Over the last year, there were 54 residential property sales – a decrease of 26 transactions (-48.15%) relative to the previous year. The majority of house sales (21) were in the £106,000 - £142,000 range. Then came properties in the £70,000 - £106,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-2,996 (-1%).

In Oct 24, there were 15 new estate agency instructions, 12 agreed home sales and 6 property price reductions.

Nearby Postcodes: NE22, NE24, NE61, NE62, NE63

5-Year Average Property Prices in NE64 (Newbiggin-By-The-Sea)

-3.32%

Property prices in Newbiggin-By-The-Sea decreased by -3.32% 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 NE64 (Newbiggin-By-The-Sea) Over the Last Year

-0.63%

Property prices in Newbiggin-By-The-Sea decreased by -0.63% 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 NE64 (Newbiggin-By-The-Sea) - 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 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 NE64 (Newbiggin-By-The-Sea)

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 NE64 (Newbiggin-By-The-Sea)

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 NE64 (Newbiggin-By-The-Sea)

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 NE64 (Newbiggin-By-The-Sea) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE64 postcode area since 1995.

Recent Sales in NE64 (Newbiggin-By-The-Sea)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
39 Haweswater Crescent, Newbiggin-by-the-sea, Northumberland, NE64 6TN£120,000£115,000-£5,00025 Mar 202419 Jul 2024116 Days
2 Woodhorn Farm, Newbiggin-by-the-sea, Northumberland, NE64 6AH£220,000£220,000£0012 Apr 202420 Jun 202469 Days
1 Argyle Terrace, Newbiggin-by-the-sea, Northumberland, NE64 6PR£295,000£290,000-£5,00029 Jan 202404 Jun 2024127 Days
69 Spital Crescent, Newbiggin-by-the-sea, Northumberland, NE64 6SQ£155,000£155,000£0029 Jan 202429 May 2024121 Days
58 Meldon Terrace, Newbiggin-by-the-sea, Northumberland, NE64 6XH£135,000£109,500-£25,50026 Oct 202319 Apr 2024176 Days
16 North View, Newbiggin-by-the-sea, Northumberland, NE64 6XX£175,000£175,000£0002 Aug 202318 Apr 2024260 Days
15 Matfen Terrace, Newbiggin-by-the-sea, Northumberland, NE64 6XU£99,950£90,000-£9,95005 Dec 202316 Apr 2024133 Days
35 Rydal Mount, Newbiggin-by-the-sea, Northumberland, NE64 6TL£130,000£130,000£0013 Feb 202415 Mar 202431 Days
41 King Georges Road, Newbiggin-by-the-sea, Northumberland, NE64 6HS£75,000£73,000-£2,00015 Dec 202304 Mar 202480 Days
31 North View, Newbiggin-by-the-sea, Northumberland, NE64 6XX£144,950£144,950£0017 Nov 202316 Feb 202491 Days
19 Matfen Terrace, Newbiggin-by-the-sea, Northumberland, NE64 6XU£110,000£105,000-£5,00015 Feb 202316 Feb 2024366 Days
12 Beach Terrace, Newbiggin-by-the-sea, Northumberland, NE64 6XE£280,000£257,500-£22,50026 Jun 202309 Feb 2024228 Days
88 East Lea, Newbiggin-by-the-sea, Northumberland, NE64 6BJ£85,000£82,000-£3,00001 Aug 202305 Feb 2024188 Days
89 North Seaton Road, Newbiggin-by-the-sea, Northumberland, NE64 6XR£125,000£125,000£0008 Nov 202331 Jan 202484 Days
24 Meldon Terrace, Newbiggin-by-the-sea, Northumberland, NE64 6XH£125,000£125,000£0012 Oct 202303 Jan 202483 Days
46 Woodhorn Farm, Newbiggin-by-the-sea, Northumberland, NE64 6AH£120,000£114,500-£5,50015 Sep 202320 Dec 202396 Days
59 Sea Crest Road, Newbiggin-by-the-sea, Northumberland, NE64 6BN£100,000£100,000£0006 Jul 202315 Dec 2023162 Days
32 Marine Street, Newbiggin-by-the-sea, Northumberland, NE64 6BG£63,000£62,000-£1,00002 Nov 202314 Dec 202342 Days
1 Beach Terrace, Newbiggin-by-the-sea, Northumberland, NE64 6XE£140,000£140,000£0013 Nov 202313 Dec 202330 Days
10 Maitland Terrace, Newbiggin-by-the-sea, Northumberland, NE64 6UR£120,000£112,000-£8,00019 Jul 202304 Dec 2023138 Days

Most Expensive Streets in NE64 (Newbiggin-By-The-Sea)

PostcodeStreetAreaAverageNo. of Sales
NE64 6NUFront Street, Newbiggin-by-the-seaNewbiggin-By-The-Sea£233,8336
NE64 6XEBeach Terrace, Newbiggin-by-the-seaNewbiggin-By-The-Sea£231,3057
NE64 6PJFront Street, Newbiggin-by-the-seaNewbiggin-By-The-Sea£217,5004
NE64 6UTGibson Street, Newbiggin-by-the-seaNewbiggin-By-The-Sea£206,5004
NE64 6PRArgyle Terrace, Newbiggin-by-the-seaNewbiggin-By-The-Sea£171,2504
NE64 6DXSandridge, Newbiggin-by-the-seaNewbiggin-By-The-Sea£141,6663
NE64 6AHWoodhorn Farm, Newbiggin-by-the-seaNewbiggin-By-The-Sea£141,35421
NE64 6STHepple Road, Newbiggin-by-the-seaNewbiggin-By-The-Sea£139,3754
NE64 6HFManor Court, Newbiggin-by-the-seaNewbiggin-By-The-Sea£137,49214
NE64 6XXNorth View, Newbiggin-by-the-seaNewbiggin-By-The-Sea£131,85012

Least Expensive Streets in NE64 (Newbiggin-By-The-Sea)

PostcodeStreetAreaAverageNo. of Sales
NE64 6BHEast Lea, Newbiggin-by-the-seaNewbiggin-By-The-Sea£35,6663
NE64 6HUEmerson Road, Newbiggin-by-the-seaNewbiggin-By-The-Sea£43,1254
NE64 6HSKing Georges Road, Newbiggin-by-the-seaNewbiggin-By-The-Sea£47,20812
NE64 6HRKing Georges Road, Newbiggin-by-the-seaNewbiggin-By-The-Sea£54,7504
NE64 6HZWoodhorn Road, Newbiggin-by-the-seaNewbiggin-By-The-Sea£57,9916
NE64 6JHBrentwood Avenue, Newbiggin-by-the-seaNewbiggin-By-The-Sea£61,1568
NE64 6BJEast Lea, Newbiggin-by-the-seaNewbiggin-By-The-Sea£68,8005
NE64 6JFLynwood Avenue, Newbiggin-by-the-seaNewbiggin-By-The-Sea£68,9287
NE64 6BBKing Street, Newbiggin-by-the-seaNewbiggin-By-The-Sea£70,3333
NE64 6HXOswald Road, Newbiggin-by-the-seaNewbiggin-By-The-Sea£70,8333

Explore NE64 (Newbiggin-By-The-Sea) using map

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