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House Prices in NE63

The average house price in NE63 (Ashington) is £94,218 using HM Land Registry data.

The average property price increased by £25,067 (38.84%) over the last 5 years and increased by £5,022 (5.39%) over the last 12 months.

Over the last year, there were 243 residential property sales – a decrease of 137 transactions (-56.38%) relative to the previous year. The majority of house sales (60) were in the £50,000 - £88,000 range. Then came properties in the £88,000 - £126,000 range, where 47 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.

5-Year Average Property Prices in NE63 (Ashington)

38.84%

Property prices in Ashington increased by 38.84% 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 NE63 (Ashington) Over the Last Year

5.39%

Property prices in Ashington increased by 5.39% 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 NE63 (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 NE63 (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 NE63 (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 NE63 (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 NE63 (Ashington) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE63 postcode area since 1995.

Recent Sales in NE63 (Ashington)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
23 Laburnum Terrace, Ashington, Northumberland, NE63 0AL	£78,000	£62,500	-£15,500	24 Oct 2023	20 Aug 2024	301 Days
57 Seventh Row, Ashington, Northumberland, NE63 8HX	£125,000	£125,000	£00	07 Feb 2024	13 Aug 2024	188 Days
7 Floyd Way, Essendene Rise, Ashington, Northumberland, NE63 0FE	£230,000	£225,000	-£5,000	19 Feb 2024	12 Aug 2024	175 Days
70 Blackdene, Ashington, Northumberland, NE63 8TL	£269,500	£265,000	-£4,500	18 Dec 2023	02 Aug 2024	228 Days
17 Jubilee Estate, Ashington, Northumberland, NE63 8TB	£170,000	£170,000	£00	04 Mar 2024	01 Aug 2024	150 Days
165 Rosalind Street, Ashington, Northumberland, NE63 9BB	£55,000	£55,000	£00	09 May 2024	24 Jul 2024	76 Days
151 Woodhorn Villas, Ashington, Northumberland, NE63 9JE	£125,000	£119,000	-£6,000	31 Jan 2024	18 Jul 2024	169 Days
39 Rowlington Terrace, Ashington, Northumberland, NE63 0LY	£110,000	£95,000	-£15,000	11 Dec 2023	18 Jul 2024	220 Days
10 Chestnut Street, Ashington, Northumberland, NE63 0BW	£62,500	£55,000	-£7,500	25 Mar 2024	12 Jul 2024	109 Days
79 Burnside, Ashington, Northumberland, NE63 9UE	£130,000	£130,000	£00	08 May 2024	12 Jul 2024	65 Days
144 Ariel Street, Ashington, Northumberland, NE63 9NQ	£64,950	£64,950	£00	30 Jan 2024	24 Jun 2024	146 Days
41 Wansbeck Road, Ashington, Northumberland, NE63 8JE	£215,000	£150,000	-£65,000	15 Mar 2023	21 Jun 2024	464 Days
43 Haydon Road, Ashington, Northumberland, NE63 0JX	£80,000	£80,000	£00	15 Jan 2024	10 Jun 2024	147 Days
193 North Seaton Road, Ashington, Northumberland, NE63 0ED	£110,000	£110,000	£00	21 Feb 2024	07 Jun 2024	107 Days
14 Coronation Terrace, Ashington, Northumberland, NE63 0TJ	£95,000	£83,000	-£12,000	19 Feb 2024	07 Jun 2024	109 Days
8 Lilac Court, Ashington, Northumberland, NE63 9FB	£194,995	£185,000	-£9,995	26 Jan 2024	06 Jun 2024	132 Days
46 Burnside, Ashington, Northumberland, NE63 9UD	£125,000	£121,000	-£4,000	10 Jan 2024	31 May 2024	142 Days
86 Portia Street, Ashington, Northumberland, NE63 9DT	£58,000	£57,000	-£1,000	28 Mar 2024	30 May 2024	63 Days
22 Dilston Drive, Ashington, Northumberland, NE63 0LH	£145,000	£145,000	£00	17 Jan 2024	17 May 2024	121 Days
16 Epsom Drive, Ashington, Northumberland, NE63 8NA	£250,000	£225,000	-£25,000	04 Mar 2023	17 May 2024	440 Days

Most Expensive Streets in NE63 (Ashington)

Postcode	Street	Area	Average	No. of Sales
NE63 9UU	The Hollow	Ashington	£363,666	3
NE63 8XY	Shotley Court	Ashington	£309,998	3
NE63 0DH	Nursery Park	Ashington	£309,300	5
NE63 9DQ	Woodhorn Mews, Woodhorn Village	Ashington	£304,000	5
NE63 9TW	The Demesne	Ashington	£278,100	5
NE63 9GF	Belfry Close	Ashington	£277,025	6
NE63 8LH	Hedgerow Mews	Ashington	£275,000	3
NE63 9GY	Bandon Court	Ashington	£268,333	3
NE63 8LP	Otterburn Drive	Ashington	£260,416	6
NE63 8XX	Whittingham Close	Ashington	£260,400	5

Least Expensive Streets in NE63 (Ashington)

Postcode	Street	Area	Average	No. of Sales
NE63 0BQ	Sycamore Street	Ashington	£34,333	3
NE63 0AY	Poplar Street	Ashington	£42,874	4
NE63 0QA	Sycamore Street	Ashington	£42,937	4
NE63 0BU	Maple Street	Ashington	£43,666	3
NE63 0QR	Chestnut Street	Ashington	£44,333	3
NE63 0BW	Chestnut Street	Ashington	£44,875	4
NE63 9DN	Katherine Street	Ashington	£45,830	5
NE63 0BP	Chestnut Street	Ashington	£46,833	6
NE63 9EY	Castle Terrace	Ashington	£48,100	5
NE63 0QP	Chestnut Street	Ashington	£48,875	4