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House Prices in NE70

The average house price in NE70 (Belford) is £278,500 using HM Land Registry data.

The average property price increased by £169,377 (23.42%) over the last 5 years and increased by £33,938 (3.6%) over the last 12 months.

Over the last year, there were 12 residential property sales – a decrease of 19 transactions (-158.33%) relative to the previous year. The majority of house sales (6) were in the £100,000 - £238,000 range. Then came properties in the £238,000 - £376,000 range, where 3 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,475 (-3%).

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

5-Year Average Property Prices in NE70 (Belford)

23.42%

Property prices in Belford increased by 23.42% 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 NE70 (Belford) Over the Last Year

3.6%

Property prices in Belford increased by 3.6% 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 NE70 (Belford) - 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 NE70 (Belford)

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 NE70 (Belford)

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 NE70 (Belford)

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 NE70 (Belford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE70 postcode area since 1995.

Recent Sales in NE70 (Belford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
10 Croft Way, Belford, Northumberland, NE70 7ET	£325,000	£320,000	-£5,000	15 Apr 2024	10 Jul 2024	86 Days
36a, West Street, Belford, Northumberland, NE70 7QF	£130,000	£130,000	£00	08 Feb 2024	19 Jun 2024	132 Days
5 West Street, Belford, Northumberland, NE70 7QA	£110,000	£105,000	-£5,000	28 Jul 2023	19 Jan 2024	175 Days
32 High Street, Belford, Northumberland, NE70 7NJ	£185,000	£175,000	-£10,000	26 May 2023	14 Dec 2023	202 Days
10 Dinningside, Belford, Northumberland, NE70 7NP	£140,000	£130,000	-£10,000	06 Jun 2023	18 Sep 2023	104 Days
61 West Street, Belford, Northumberland, NE70 7QD	£350,000	£350,000	£00	07 Sep 2022	21 Jun 2023	287 Days
50 Dinningside, Belford, Northumberland, NE70 7NP	£130,000	£126,000	-£4,000	02 Mar 2023	09 Jun 2023	99 Days
23 Dinningside, Belford, Northumberland, NE70 7NP	£119,950	£115,000	-£4,950	10 Nov 2022	02 May 2023	173 Days
3 Cragview Road, Belford, Northumberland, NE70 7NT	£130,000	£125,000	-£5,000	19 Aug 2022	13 Jan 2023	147 Days
8 Dinningside, Belford, Northumberland, NE70 7NP	£160,000	£160,000	£00	04 Apr 2022	11 Nov 2022	221 Days
5 North Bank, Belford, Northumberland, NE70 7LY	£107,500	£107,500	£00	29 Apr 2021	25 May 2022	391 Days
64 West Street, Belford, Northumberland, NE70 7QF	£230,000	£185,000	-£45,000	29 Sep 2021	14 Mar 2022	166 Days
4 Croft Way, Belford, Northumberland, NE70 7ET	£235,000	£235,000	£00	09 Sep 2021	14 Dec 2021	96 Days
18 Croftfield, Belford, Northumberland, NE70 7ER	£105,000	£95,000	-£10,000	30 Jul 2018	03 Sep 2021	1131 Days
1 Meadow Park, Belford, Northumberland, NE70 7DE	£210,000	£205,000	-£5,000	11 Feb 2021	24 Jun 2021	133 Days
50 Dinningside, Belford, Northumberland, NE70 7NP	£105,000	£105,000	£00	12 Aug 2020	17 Dec 2020	127 Days
12 West Street, Belford, Northumberland, NE70 7QE	£85,000	£85,000	£00	08 Mar 2016	20 Nov 2020	1718 Days
11 Dinningside, Belford, Northumberland, NE70 7NP	£120,000	£120,000	£00	23 Sep 2020	20 Nov 2020	58 Days
4 Middleton Cottages, Middleton, Belford, Northumberland, NE70 7LB	£210,000	£210,000	£00	03 Jul 2020	16 Oct 2020	105 Days
10 High Street, Belford, Northumberland, NE70 7NH	£147,500	£145,000	-£2,500	31 Oct 2019	30 Sep 2020	335 Days

Most Expensive Streets in NE70 (Belford)

Postcode	Street	Area	Average	No. of Sales
NE70 7EG	Budle Barns, Easington	Belford	£411,666	3
NE70 7NG	High Street	Belford	£393,000	5
NE70 7EY	Home Farm	Belford	£350,600	5
NE70 7HY	Warenford	Belford	£316,000	5
NE70 7ET	Croft Way	Belford	£314,600	5
NE70 7NS	Raynham Road	Belford	£289,150	3
NE70 7LB	Middleton Cottages, Middleton	Belford	£277,330	5
NE70 7QP	Cragside, West Street, Belford	Belford	£263,333	3
NE70 7EP	The Mill, Waren Mill	Belford	£242,375	4
NE70 7NW	Nursery Lane	Belford	£240,625	4

Least Expensive Streets in NE70 (Belford)

Postcode	Street	Area	Average	No. of Sales
NE70 7DY	Station Cottages	Belford	£106,333	3
NE70 7NP	Dinningside	Belford	£118,750	10
NE70 7NZ	The Meadows	Belford	£125,666	3
NE70 7QF	West Street	Belford	£145,000	3
NE70 7NY	Bell Road	Belford	£159,250	4
NE70 7JF	Villiers Gardens, Lucker	Belford	£167,000	5
NE70 7NJ	High Street	Belford	£174,000	3
NE70 7QE	West Street	Belford	£176,916	6
NE70 7NH	High Street	Belford	£179,375	4
NE70 7DA	Byers Close	Belford	£224,400	5