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House Prices in NE71

The average house price in NE71 (Wooler) is £265,000 using HM Land Registry data.

The average property price increased by £56,188 (31.35%) over the last 5 years and increased by £11,258 (4.57%) over the last 12 months.

Over the last year, there were 46 residential property sales – a decrease of 13 transactions (-28.26%) relative to the previous year. The majority of house sales (11) were in the £90,000 - £154,000 range. Then came properties in the £154,000 - £218,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-2,625 (0%).

In Oct 24, there were 3 new estate agency instructions, 12 agreed home sales and 3 property price reductions.

5-Year Average Property Prices in NE71 (Wooler)

31.35%

Property prices in Wooler increased by 31.35% 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 NE71 (Wooler) Over the Last Year

4.57%

Property prices in Wooler increased by 4.57% 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 NE71 (Wooler) - 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 NE71 (Wooler)

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 NE71 (Wooler)

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 NE71 (Wooler)

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 NE71 (Wooler) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE71 postcode area since 1995.

Recent Sales in NE71 (Wooler)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Ryecroft Park, Wooler, Northumberland, NE71 6AS	£350,000	£345,000	-£5,000	04 Mar 2024	25 Jul 2024	143 Days
Trollshaws, Coldmartin Terrace, Wooler, Northumberland, NE71 6QR	£280,000	£265,000	-£15,000	25 Jan 2023	27 Jun 2024	519 Days
17 Tenter Hill, Wooler, Northumberland, NE71 6DB	£105,000	£94,000	-£11,000	03 Nov 2022	03 May 2024	547 Days
43 Ramseys Lane, Wooler, Northumberland, NE71 6NY	£180,000	£180,000	£00	30 Jan 2024	19 Apr 2024	80 Days
4 Fenton Drive, Wooler, Northumberland, NE71 6DT	£220,000	£205,500	-£14,500	11 Jan 2023	15 Apr 2024	460 Days
27 Ramseys Lane, Wooler, Northumberland, NE71 6NY	£149,950	£149,950	£00	09 Oct 2023	26 Feb 2024	140 Days
16 Tankerville Terrace, Wooler, Northumberland, NE71 6DJ	£210,000	£202,000	-£8,000	09 Oct 2023	02 Feb 2024	116 Days
2 Wheatriggs Avenue, Milfield, Wooler, Northumberland, NE71 6HU	£82,000	£58,000	-£24,000	17 Sep 2016	30 Jan 2024	2691 Days
60 High Street, Wooler, Northumberland, NE71 6BG	£180,000	£170,000	-£10,000	16 Sep 2023	20 Dec 2023	95 Days
58 Weetwood Avenue, Wooler, Northumberland, NE71 6AG	£98,000	£90,000	-£8,000	21 Jul 2023	18 Dec 2023	150 Days
5 Wheatriggs Avenue, Milfield, Wooler, Northumberland, NE71 6HU	£105,000	£105,000	£00	27 Jun 2023	16 Nov 2023	142 Days
12 Hedgehope Drive, Kingsmead, Wooler, Northumberland, NE71 6BF	£224,950	£224,950	£00	24 Apr 2023	23 Oct 2023	182 Days
37 High Fair, Wooler, Northumberland, NE71 6PA	£135,000	£135,000	£00	11 Mar 2023	12 Oct 2023	215 Days
1 Glendale Road, Wooler, Northumberland, NE71 6DN	£165,000	£165,000	£00	20 Mar 2023	10 Oct 2023	204 Days
31 Ramseys Lane, Wooler, Northumberland, NE71 6NY	£180,000	£168,500	-£11,500	17 Nov 2022	31 Aug 2023	287 Days
76 Weetwood Avenue, Wooler, Northumberland, NE71 6AG	£125,000	£125,000	£00	12 May 2023	24 Aug 2023	104 Days
7 Cheviot Street, Wooler, Northumberland, NE71 6LP	£875,000	£875,000	£00	10 Oct 2022	30 Jun 2023	263 Days
10 The Martins, Wooler, Northumberland, NE71 6RP	£130,000	£122,500	-£7,500	16 Nov 2022	12 May 2023	177 Days
17 High Fair, Wooler, Northumberland, NE71 6PA	£120,000	£118,000	-£2,000	22 Dec 2022	10 Mar 2023	78 Days
7 Cottage Road, Wooler, Northumberland, NE71 6AD	£225,000	£224,000	-£1,000	02 Nov 2022	07 Feb 2023	97 Days

Most Expensive Streets in NE71 (Wooler)

Postcode	Street	Area	Average	No. of Sales
NE71 6TJ	Wooler, Northumberland	Wooler	£611,666	3
NE71 6LZ	Fiveacres	Wooler	£450,333	3
NE71 6AY	Magdalene Court	Wooler	£319,875	8
NE71 6AS	Ryecroft Park	Wooler	£314,562	8
NE71 6AR	Doddington Mill, Doddington	Wooler	£313,583	3
NE71 6JE	Milfield Hill Steading, Milfield	Wooler	£301,033	3
NE71 6DR	Queens Road	Wooler	£296,666	3
NE71 6LN	Cheviot Street	Wooler	£264,400	5
NE71 6PB	Common Road	Wooler	£253,500	3
NE71 6AW	Fenton Grange	Wooler	£252,937	8

Least Expensive Streets in NE71 (Wooler)

Postcode	Street	Area	Average	No. of Sales
NE71 6AF	Weetwood Avenue	Wooler	£98,666	3
NE71 6AG	Weetwood Avenue	Wooler	£107,487	4
NE71 6PA	High Fair	Wooler	£109,590	11
NE71 6NS	Oliver Road	Wooler	£120,166	3
NE71 6RP	The Martins	Wooler	£121,200	5
NE71 6BJ	Burnhouse Road	Wooler	£131,250	4
NE71 6NT	Oliver Road	Wooler	£131,666	3
NE71 6NR	Ramseys Lane	Wooler	£133,500	3
NE71 6DA	Church Street	Wooler	£143,499	5
NE71 6HY	Wheatriggs, Milfield	Wooler	£147,371	4