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House Prices in NE69

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, 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.

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 6, West House, Radcliffe Road, Bamburgh, Northumberland, NE69 7AE	£325,000	£310,000	-£15,000	25 Oct 2023	16 Aug 2024	296 Days
1 St Cuthberts Garth, Bamburgh, Northumberland, NE69 7BY	£295,000	£292,500	-£2,500	05 May 2023	27 Oct 2023	175 Days
5 Links Road, Bamburgh, Northumberland, NE69 7AX	£575,000	£555,000	-£20,000	22 Jan 2021	26 Mar 2021	63 Days
7 Armstrong Cottages, Bamburgh, Northumberland, NE69 7BA	£340,000	£330,000	-£10,000	23 Mar 2020	03 Jul 2020	102 Days
18 Links Road, Bamburgh, Northumberland, NE69 7AX	£395,000	£391,000	-£4,000	31 Jan 2020	19 Jun 2020	140 Days
8 Armstrong Cottages, Bamburgh, Northumberland, NE69 7BA	£325,000	£320,000	-£5,000	01 May 2020	22 May 2020	21 Days
5 Links Road, Bamburgh, Northumberland, NE69 7AX	£340,000	£340,000	£00	03 Apr 2018	16 Aug 2019	500 Days
26 Links Road, Bamburgh, Northumberland, NE69 7AX	£350,000	£350,000	£00	27 Mar 2019	22 Jul 2019	117 Days
Waterford, 20, Links Road, Bamburgh, Northumberland, NE69 7AX	£699,000	£630,000	-£69,000	16 Feb 2018	04 May 2018	77 Days

Most Expensive Streets in NE69 (Bamburgh)

Postcode	Street	Area	Average	No. of Sales
NE69 7AE	Friary Farm, Radcliffe Road	Bamburgh	£473,333	3
NE69 7AE	Friary Farm, Radcliffe Road	Bamburgh	£473,333	3
NE69 7BA	Armstrong Cottages	Bamburgh	£465,313	3
NE69 7BA	Armstrong Cottages	Bamburgh	£465,313	3
NE69 7AW	Glororum	Bamburgh	£412,500	4
NE69 7AW	Glororum	Bamburgh	£412,500	4
NE69 7AR	East Burton Cottage East Burton	Bamburgh	£317,333	3
NE69 7AR	East Burton Cottage East Burton	Bamburgh	£317,333	3

Least Expensive Streets in NE69 (Bamburgh)

Postcode	Street	Area	Average	No. of Sales
NE69 7AR	East Burton Cottage East Burton	Bamburgh	£317,333	3
NE69 7AR	East Burton Cottage East Burton	Bamburgh	£317,333	3
NE69 7AW	Glororum	Bamburgh	£412,500	4
NE69 7AW	Glororum	Bamburgh	£412,500	4
NE69 7BA	Armstrong Cottages	Bamburgh	£465,313	3
NE69 7BA	Armstrong Cottages	Bamburgh	£465,313	3
NE69 7AE	Friary Farm, Radcliffe Road	Bamburgh	£473,333	3
NE69 7AE	Friary Farm, Radcliffe Road	Bamburgh	£473,333	3