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Bedlington House Prices Bedlington House Prices

The average house price in Bedlington is £167,000 using HM Land Registry data.

The average property price increased by £25,916 (18.11%) over the last 5 years and increased by £5,181 (3.16%) over the last 12 months.

Over the last year, there were 194 residential property sales – a decrease of 64 transactions (-32.99%) relative to the previous year. The majority of house sales (43) were in the £104,000 - £148,000 range. Then came properties in the £60,000 - £104,000 range, where 37 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 £-3,993 (-2%).

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

Neighbouring Areas: Blyth

Postcodes Covered: NE22, NE62

5-Year Average Property Prices in Bedlington

18.11%

Property prices in Bedlington increased by 18.11% 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 Bedlington Over the Last Year

3.16%

Property prices in Bedlington increased by 3.16% 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 Bedlington - 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 Bedlington

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 Bedlington

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 Bedlington

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 Bedlington since 1995

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

Recent Property Sales in Bedlington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
34 Edinburgh Drive, Bedlington, Northumberland, NE22 6NY£360,000£360,000£0020 Feb 202422 Aug 2024184 Days
92 Victoria Terrace, Bedlington, Northumberland, NE22 5QE£155,000£134,000-£21,00011 May 202415 Aug 202496 Days
18 Octavia Close, Bedlington, Northumberland, NE22 6LG£175,000£175,000£0021 Feb 202429 Jul 2024159 Days
43 Augustus Drive, Bedlington, Northumberland, NE22 6LF£220,000£215,000-£5,00011 Mar 202429 Jul 2024140 Days
24 The Wynding, Bedlington, Northumberland, NE22 6HN£175,000£175,000£0025 Mar 202426 Jul 2024123 Days
1 Nether Riggs, Bedlington, Northumberland, NE22 5SJ£170,000£170,000£0018 Apr 202419 Jul 202492 Days
1 Hastings Court, Bedlington, Northumberland, NE22 5YN£65,000£63,500-£1,50026 Jan 202411 Jul 2024167 Days
11 Glassey Terrace, Bedlington, Northumberland, NE22 5LQ£95,000£92,500-£2,50005 Mar 202428 Jun 2024115 Days
59 Millfield, Bedlington, Northumberland, NE22 5DY£115,000£110,000-£5,00026 Aug 202328 Jun 2024307 Days
25 Grange Park Avenue, Bedlington, Northumberland, NE22 7EG£132,500£132,500£0027 Feb 202428 Jun 2024122 Days
21 Nottingham Court, Bedlington, Northumberland, NE22 6PE£210,000£200,000-£10,00017 Jan 202431 May 2024135 Days
10 Trotter Grove, Bedlington, Northumberland, NE22 5NB£110,000£110,000£0013 Dec 202317 May 2024156 Days
19 Hartford Road East, Bedlington, Northumberland, NE22 6HZ£425,000£415,000-£10,00025 Dec 202314 May 2024141 Days
5 Waverley Court, Bedlington, Northumberland, NE22 5JT£79,950£79,750-£20014 Feb 202409 May 202485 Days
25 Featherstone Grove, Bedlington, Northumberland, NE22 6NU£300,000£290,000-£10,00017 Aug 202326 Apr 2024253 Days
17 Northumberland Avenue, Bedlington, Northumberland, NE22 6EY£95,000£92,500-£2,50026 Nov 202326 Apr 2024152 Days
25 Hartford Crescent, Bedlington, Northumberland, NE22 6JB£139,950£137,000-£2,95011 Jan 202425 Apr 2024105 Days
15 Chatsworth Drive, Bedlington, Northumberland, NE22 5YS£240,000£230,000-£10,00009 Jan 202404 Apr 202486 Days
68 Stirling Drive, Bedlington, Northumberland, NE22 5YF£140,000£138,500-£1,50027 Jan 202404 Apr 202468 Days
35 Hotspur Avenue, Bedlington, Northumberland, NE22 5TE£210,000£210,000£0015 Nov 202303 Apr 2024140 Days

Most Expensive Streets in Bedlington

PostcodeStreetAreaAverageNo. of Sales
NE22 5ETHumford WayBedlington£349,9166
NE22 6HZHartford Road EastBedlington£327,5004
NE22 6NYEdinburgh DriveBedlington£303,62512
NE22 6PDNewark CloseBedlington£298,0003
NE22 6NJConway CloseBedlington£289,3505
NE22 5QPAcomb CourtBedlington£283,2504
NE22 5ELChurch LaneBedlington£281,5836
NE22 7LBCarisbrookeBedlington£277,8577
NE22 6NWWarwick GroveBedlington£276,4005
NE22 6LJGlebe MewsBedlington£276,2504

Least Expensive Streets in Bedlington

PostcodeStreetAreaAverageNo. of Sales
NE22 5YPBlagdon CourtBedlington£44,6663
NE22 5YNHastings CourtBedlington£45,5505
NE22 6HGRed House Farm EstateBedlington£50,0003
NE22 5BARosalind AvenueBedlington£55,0003
NE22 5YRBlenheim DriveBedlington£55,6663
NE22 5PWPioneer TerraceBedlington£55,9506
NE22 7DXKings RoadBedlington£57,0003
NE22 5BBLily AvenueBedlington£57,1503
NE22 5QXAllgood TerraceBedlington£60,1405
NE22 6EWForster AvenueBedlington£63,3333

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