Bedlington House Prices Bedlington House Prices

The average house price in Bedlington is £182,208 using HM Land Registry data.

The average property price increased by £29,877 (21.39%) over the last 5 years and increased by £5,971 (3.65%) over the last 12 months.

Over the last year, there were 190 residential property sales – a decrease of 65 transactions (-34.21%) relative to the previous year. The majority of house sales (45) were in the £70,000 - £114,000 range. Then came properties in the £114,000 - £158,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 43 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,993 (-2%).

In April 2024, there were 57 new estate agency instructions, 25 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in Bedlington

21.39%

Property prices in Bedlington increased by 21.39% 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

3.65%

Property prices in Bedlington increased by 3.65% 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 - April 2024

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 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
51 Knaresborough Close, Bedlington, Northumberland, NE22 6NT£190,000£185,000-£5,00030 Jan 202422 Mar 202452 Days
27 Brook Court, Bedlington, Northumberland, NE22 5DF£90,000£90,000£0017 Jan 202415 Mar 202458 Days
19 Willowbrook Close, Bedlington, Northumberland, NE22 7BU£179,950£160,000-£19,95030 Oct 202309 Feb 2024102 Days
65 Millfield, Bedlington, Northumberland, NE22 5DY£120,000£110,000-£10,00015 Oct 202302 Feb 2024110 Days
17 Octavia Close, Bedlington, Northumberland, NE22 6LG£155,000£155,000£0019 Sep 202331 Jan 2024134 Days
38a, Rothesay Terrace, Bedlington, Northumberland, NE22 5PT£65,000£64,000-£1,00002 Oct 202323 Jan 2024113 Days
22 Stead Lane, Bedlington, Northumberland, NE22 5LY£160,000£156,000-£4,00002 Sep 202319 Jan 2024139 Days
14 Chollerton Drive, Bedlington, Northumberland, NE22 5QW£250,000£250,000£0024 Oct 202318 Dec 202355 Days
45 Oakapple Close, Bedlington, Northumberland, NE22 7LL£210,000£208,000-£2,00004 Aug 202318 Dec 2023136 Days
37 Hotspur Avenue, Bedlington, Northumberland, NE22 5TE£190,000£190,000£0021 Sep 202318 Dec 202388 Days
33 Glebe Mews, Bedlington, Northumberland, NE22 6LJ£330,000£330,000£0013 Aug 202315 Dec 2023124 Days
103 Rothesay Terrace, Bedlington, Northumberland, NE22 5PX£120,000£110,000-£10,00013 Sep 202311 Dec 202389 Days
20 Reavley Avenue, Bedlington, Northumberland, NE22 7ES£115,000£110,000-£5,00024 Jul 202308 Dec 2023137 Days
24 Warwick Grove, Bedlington, Northumberland, NE22 6NW£270,000£270,000£0020 Aug 202301 Dec 2023103 Days
19 Poplar Grove, Bedlington, Northumberland, NE22 5NF£135,000£135,000£0021 Sep 202324 Nov 202364 Days
10 Kelso Gardens, Bedlington, Northumberland, NE22 5HY£129,950£129,750-£20025 Aug 202324 Nov 202391 Days
2 Netherdale, Bedlington, Northumberland, NE22 6HB£90,000£88,000-£2,00011 Aug 202313 Nov 202394 Days
14 Acomb Court, Bedlington, Northumberland, NE22 5QP£275,000£275,000£0029 May 202303 Nov 2023158 Days
52 Roslin Park, Bedlington, Northumberland, NE22 5HP£104,950£102,000-£2,95001 Aug 202331 Oct 202391 Days
31 Ravensworth Street, Bedlington, Northumberland, NE22 7JP£110,000£110,000£0009 May 202330 Oct 2023174 Days

Most Expensive Streets in Bedlington

PostcodeStreetAreaAverageNo. of Sales
NE22 5ETHumford WayBedlington£323,40911
NE22 6HZHartford Road EastBedlington£298,3333
NE22 6PDNewark CloseBedlington£298,0003
NE22 6NYEdinburgh DriveBedlington£290,73013
NE22 6NJConway CloseBedlington£289,3505
NE22 5ELChurch LaneBedlington£281,5836
NE22 6NWWarwick GroveBedlington£276,4005
NE22 7LBCarisbrookeBedlington£275,6258
NE22 6FDLeveson CourtFenwick Park£269,37814
NE22 6FBEwart DriveFenwick Park£264,67835

Least Expensive Streets in Bedlington

PostcodeStreetAreaAverageNo. of Sales
NE22 6HGRed House Farm EstateBedlington£50,0003
NE22 5PWPioneer TerraceBedlington£53,1007
NE22 5YPBlagdon CourtBedlington£55,1005
NE22 5YRBlenheim DriveBedlington£55,6663
NE22 7DXKings RoadBedlington£57,0003
NE22 5BBLily AvenueBedlington£57,1503
NE22 5QXAllgood TerraceBedlington£58,2836
NE22 6EWForster AvenueBedlington£63,3333
NE22 5UWJubilee TerraceBedlington£64,5874
NE22 5DFBrook CourtBedlington£65,40011

Explore Bedlington and Neighbouring Area House Prices