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Berwick-upon-Tweed House Prices Berwick-upon-Tweed House Prices

The average house price in Berwick-upon-Tweed is £198,666 using HM Land Registry data.

The average property price increased by £51,665 (34.15%) over the last 5 years and increased by £10,326 (5.36%) over the last 12 months.

Over the last year, there were 129 residential property sales – a decrease of 49 transactions (-37.98%) relative to the previous year. The majority of house sales (53) were in the £100,000 - £152,000 range. Then came properties in the £152,000 - £204,000 range, where 26 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 £-4,677 (-2%).

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

Postcodes Covered: TD15

5-Year Average Property Prices in Berwick-upon-Tweed

34.15%

Property prices in Berwick-upon-Tweed increased by 34.15% 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 Berwick-upon-Tweed Over the Last Year

5.36%

Property prices in Berwick-upon-Tweed increased by 5.36% 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 Berwick-upon-Tweed - 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 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 Berwick-upon-Tweed

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 Berwick-upon-Tweed

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 Berwick-upon-Tweed

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 Berwick-upon-Tweed since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Berwick-upon-Tweed area since 1995.

Recent Property Sales in Berwick-upon-Tweed

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Northumberland Road, Tweedmouth, Berwick-upon-tweed, Northumberland, TD15 2AS£80,000£78,000-£2,00030 May 202323 Feb 2024269 Days
5 Meadowlands, Tweedmouth, Berwick-upon-tweed, Northumberland, TD15 2FW£310,000£310,000£0024 Jul 202319 Feb 2024210 Days
184 Newfields, Berwick-upon-tweed, Northumberland, TD15 1SN£138,000£135,000-£3,00012 Sep 202306 Feb 2024147 Days
6 Springfield Park, East Ord, Berwick-upon-tweed, Northumberland, TD15 2FD£385,000£360,000-£25,00019 Sep 202331 Jan 2024134 Days
35 Ladywell Road, Tweedmouth, Berwick-upon-tweed, Northumberland, TD15 2AF£155,000£130,000-£25,00023 Nov 202331 Jan 202469 Days
18 Dean Drive, Tweedmouth, Berwick-upon-tweed, Northumberland, TD15 2DQ£129,950£125,000-£4,95012 Jul 202312 Jan 2024184 Days
98 Castlegate, Berwick-upon-tweed, Northumberland, TD15 1JX£80,000£76,000-£4,00024 Oct 202311 Jan 202479 Days
155 Etal Road, Tweedmouth, Berwick-upon-tweed, Northumberland, TD15 2DU£225,000£199,000-£26,00024 Jul 202321 Dec 2023150 Days
6 Tweed Street, Berwick-upon-tweed, Northumberland, TD15 1NG£335,000£320,000-£15,00014 Aug 202308 Dec 2023116 Days
28 St Aidans Road, Berwick-upon-tweed, Northumberland, TD15 1QB£136,000£136,000£0026 Aug 202308 Dec 2023104 Days
150 Newfields, Berwick-upon-tweed, Northumberland, TD15 1SN£125,000£125,000£0017 Aug 202317 Nov 202392 Days
16 Middle Street, Spittal, Berwick-upon-tweed, Northumberland, TD15 1RZ£124,950£120,000-£4,95028 Jun 202317 Nov 2023142 Days
10 Warkworth Terrace, Berwick-upon-tweed, Northumberland, TD15 1LE£320,000£320,000£0021 Aug 202309 Nov 202380 Days
3 Scotts Place, Berwick-upon-tweed, Northumberland, TD15 1LQ£330,000£310,000-£20,00016 Feb 202306 Nov 2023263 Days
34 Sunnyside Crescent, Spittal, Berwick-upon-tweed, Northumberland, TD15 2DL£150,000£150,000£0029 Jun 202323 Oct 2023116 Days
1 Albert Place, Berwick-upon-tweed, Northumberland, TD15 1LW£115,000£115,000£0015 Aug 202323 Oct 202369 Days
48 Braeside, Tweedmouth, Berwick-upon-tweed, Northumberland, TD15 2BZ£125,000£121,000-£4,00026 Jul 202323 Oct 202389 Days
77 Prior Road, Tweedmouth, Berwick-upon-tweed, Northumberland, TD15 2EJ£130,000£125,000-£5,00012 Jun 202323 Oct 2023133 Days
88 Eastcliffe, Spittal, Berwick-upon-tweed, Northumberland, TD15 2JA£115,000£110,000-£5,00012 Jun 202316 Oct 2023126 Days
4 Roddam Court, Tweedmouth, Berwick-upon-tweed, Northumberland, TD15 2YT£165,000£165,000£0018 Jul 202312 Oct 202386 Days

Most Expensive Streets in Berwick-upon-Tweed

PostcodeStreetAreaAverageNo. of Sales
TD15 1NPCastle TerraceBerwick-upon-tweed£613,7504
TD15 1NZCastle TerraceBerwick-upon-tweed£502,5004
TD15 1JBPier MaltingsPier Road£447,0005
TD15 1PWNorth RoadBerwick-upon-tweed£420,0003
TD15 2ANChurch RoadTweedmouth£403,3333
TD15 2LSEast Ord GardensEast Ord£385,0205
TD15 2NSEast OrdBerwick-upon-tweed£374,9005
TD15 1RJSt Helens TerraceSpittal£369,1124
TD15 2FDSpringfield ParkEast Ord£368,3333
TD15 1NWMeadow GrangeBerwick-upon-tweed£349,6427

Least Expensive Streets in Berwick-upon-Tweed

PostcodeStreetAreaAverageNo. of Sales
TD15 1DTEaster WyndBerwick-upon-tweed£70,8005
TD15 2HYUnion Park RoadTweedmouth£74,0005
TD15 2HUOsborne CrescentTweedmouth£78,8336
TD15 1DHWoolmarketBerwick-upon-tweed£82,5003
TD15 2HZOrd DriveTweedmouth£86,1254
TD15 2BXHillsideTweedmouth£89,7504
TD15 1BHMarygateBerwick-upon-tweed£90,2005
TD15 2EHPrior RoadTweedmouth£94,0005
TD15 1SAWaterloo PlaceSpittal£94,0003
TD15 1QASea ViewBerwick-upon-tweed£95,1126

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