House Prices in NE69 House Prices in NE69 (Bamburgh)

The average house price in NE69 (Bamburgh) is £0 using HM Land Registry data.

The average property price increased by £213,766 (20.78%) over the last 5 years and increased by £42,832 (3.25%) over the last 12 months.

Over the last year, there were 7 residential property sales – an increase of 3 transactions (42.86%) relative to the previous year. The majority of house sales (3) were in the £290,000 - £452,000 range. Then came properties in the £452,000 - £614,000 range, where 1 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion).

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

5-Year Average Property Prices in NE69 (Bamburgh)

20.78%

Property prices in Bamburgh increased by 20.78% 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 NE69 (Bamburgh) Over the Last Year

3.25%

Property prices in Bamburgh increased by 3.25% 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 NE69 (Bamburgh) - 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 NE69 (Bamburgh)

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 NE69 (Bamburgh)

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 NE69 (Bamburgh)

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 NE69 (Bamburgh) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE69 postcode area since 1995.

Recent Sales in NE69 (Bamburgh)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 6, West House, Radcliffe Road, Bamburgh, Northumberland, NE69 7AE£325,000£310,000-£15,00025 Oct 202316 Aug 2024296 Days
1 St Cuthberts Garth, Bamburgh, Northumberland, NE69 7BY£295,000£292,500-£2,50005 May 202327 Oct 2023175 Days
5 Links Road, Bamburgh, Northumberland, NE69 7AX£575,000£555,000-£20,00022 Jan 202126 Mar 202163 Days
7 Armstrong Cottages, Bamburgh, Northumberland, NE69 7BA£340,000£330,000-£10,00023 Mar 202003 Jul 2020102 Days
18 Links Road, Bamburgh, Northumberland, NE69 7AX£395,000£391,000-£4,00031 Jan 202019 Jun 2020140 Days
8 Armstrong Cottages, Bamburgh, Northumberland, NE69 7BA£325,000£320,000-£5,00001 May 202022 May 202021 Days
5 Links Road, Bamburgh, Northumberland, NE69 7AX£340,000£340,000£0003 Apr 201816 Aug 2019500 Days
26 Links Road, Bamburgh, Northumberland, NE69 7AX£350,000£350,000£0027 Mar 201922 Jul 2019117 Days
Waterford, 20, Links Road, Bamburgh, Northumberland, NE69 7AX£699,000£630,000-£69,00016 Feb 201804 May 201877 Days

Most Expensive Streets in NE69 (Bamburgh)

PostcodeStreetAreaAverageNo. of Sales
NE69 7AEFriary Farm, Radcliffe RoadBamburgh£473,3333
NE69 7AEFriary Farm, Radcliffe RoadBamburgh£473,3333
NE69 7BAArmstrong CottagesBamburgh£465,3133
NE69 7BAArmstrong CottagesBamburgh£465,3133
NE69 7AWGlororumBamburgh£412,5004
NE69 7AWGlororumBamburgh£412,5004
NE69 7AREast Burton Cottage East BurtonBamburgh£317,3333
NE69 7AREast Burton Cottage East BurtonBamburgh£317,3333

Least Expensive Streets in NE69 (Bamburgh)

PostcodeStreetAreaAverageNo. of Sales
NE69 7AREast Burton Cottage East BurtonBamburgh£317,3333
NE69 7AREast Burton Cottage East BurtonBamburgh£317,3333
NE69 7AWGlororumBamburgh£412,5004
NE69 7AWGlororumBamburgh£412,5004
NE69 7BAArmstrong CottagesBamburgh£465,3133
NE69 7BAArmstrong CottagesBamburgh£465,3133
NE69 7AEFriary Farm, Radcliffe RoadBamburgh£473,3333
NE69 7AEFriary Farm, Radcliffe RoadBamburgh£473,3333

Explore NE69 (Bamburgh) using map