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Ashington House Prices Ashington House Prices

The average house price in Ashington is £117,184 using HM Land Registry data.

The average property price increased by £27,854 (23.06%) over the last 5 years and increased by £5,568 (3.89%) over the last 12 months.

Over the last year, there were 279 residential property sales – a decrease of 182 transactions (-65.23%) relative to the previous year. The majority of house sales (58) were in the £50,000 - £88,000 range. Then came properties in the £88,000 - £126,000 range, where 55 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 50 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-2,054 (-1%).

In Oct 24, there were 52 new estate agency instructions, 42 agreed home sales and 29 property price reductions.

Postcodes Covered: NE63

5-Year Average Property Prices in Ashington

23.06%

Property prices in Ashington increased by 23.06% 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 Ashington Over the Last Year

3.89%

Property prices in Ashington increased by 3.89% 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 Ashington - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Ashington

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 Ashington

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 Ashington

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 Ashington since 1995

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

Recent Property Sales in Ashington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
23 Laburnum Terrace, Ashington, Northumberland, NE63 0AL£78,000£62,500-£15,50024 Oct 202320 Aug 2024301 Days
57 Seventh Row, Ashington, Northumberland, NE63 8HX£125,000£125,000£0007 Feb 202413 Aug 2024188 Days
7 Floyd Way, Essendene Rise, Ashington, Northumberland, NE63 0FE£230,000£225,000-£5,00019 Feb 202412 Aug 2024175 Days
70 Blackdene, Ashington, Northumberland, NE63 8TL£269,500£265,000-£4,50018 Dec 202302 Aug 2024228 Days
17 Jubilee Estate, Ashington, Northumberland, NE63 8TB£170,000£170,000£0004 Mar 202401 Aug 2024150 Days
165 Rosalind Street, Ashington, Northumberland, NE63 9BB£55,000£55,000£0009 May 202424 Jul 202476 Days
151 Woodhorn Villas, Ashington, Northumberland, NE63 9JE£125,000£119,000-£6,00031 Jan 202418 Jul 2024169 Days
39 Rowlington Terrace, Ashington, Northumberland, NE63 0LY£110,000£95,000-£15,00011 Dec 202318 Jul 2024220 Days
10 Chestnut Street, Ashington, Northumberland, NE63 0BW£62,500£55,000-£7,50025 Mar 202412 Jul 2024109 Days
79 Burnside, Ashington, Northumberland, NE63 9UE£130,000£130,000£0008 May 202412 Jul 202465 Days
144 Ariel Street, Ashington, Northumberland, NE63 9NQ£64,950£64,950£0030 Jan 202424 Jun 2024146 Days
41 Wansbeck Road, Ashington, Northumberland, NE63 8JE£215,000£150,000-£65,00015 Mar 202321 Jun 2024464 Days
43 Haydon Road, Ashington, Northumberland, NE63 0JX£80,000£80,000£0015 Jan 202410 Jun 2024147 Days
193 North Seaton Road, Ashington, Northumberland, NE63 0ED£110,000£110,000£0021 Feb 202407 Jun 2024107 Days
14 Coronation Terrace, Ashington, Northumberland, NE63 0TJ£95,000£83,000-£12,00019 Feb 202407 Jun 2024109 Days
8 Lilac Court, Ashington, Northumberland, NE63 9FB£194,995£185,000-£9,99526 Jan 202406 Jun 2024132 Days
46 Burnside, Ashington, Northumberland, NE63 9UD£125,000£121,000-£4,00010 Jan 202431 May 2024142 Days
86 Portia Street, Ashington, Northumberland, NE63 9DT£58,000£57,000-£1,00028 Mar 202430 May 202463 Days
22 Dilston Drive, Ashington, Northumberland, NE63 0LH£145,000£145,000£0017 Jan 202417 May 2024121 Days
16 Epsom Drive, Ashington, Northumberland, NE63 8NA£250,000£225,000-£25,00004 Mar 202317 May 2024440 Days

Most Expensive Streets in Ashington

PostcodeStreetAreaAverageNo. of Sales
NE63 9UUThe HollowAshington£363,6663
NE63 8XYShotley CourtAshington£309,9983
NE63 0DHNursery ParkAshington£309,3005
NE63 9TWThe DemesneAshington£278,1005
NE63 9GFBelfry CloseAshington£277,0256
NE63 8LHHedgerow MewsAshington£275,0003
NE63 9GYBandon CourtAshington£268,3333
NE63 8LPOtterburn DriveAshington£260,4166
NE63 8XXWhittingham CloseAshington£260,4005
NE63 8LBWest PasturesAshington£259,6663

Least Expensive Streets in Ashington

PostcodeStreetAreaAverageNo. of Sales
NE63 0BQSycamore StreetAshington£34,3333
NE63 0AYPoplar StreetAshington£42,8744
NE63 0QASycamore StreetAshington£42,9374
NE63 0BUMaple StreetAshington£43,6663
NE63 0QRChestnut StreetAshington£44,3333
NE63 0BWChestnut StreetAshington£44,8754
NE63 9DNKatherine StreetAshington£45,8305
NE63 0BPChestnut StreetAshington£46,8336
NE63 9EYCastle TerraceAshington£48,1005
NE63 0QPChestnut StreetAshington£48,8754

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