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Corbridge House Prices Corbridge House Prices

The average house price in Corbridge is £145,000 using HM Land Registry data.

The average property price increased by £77,727 (21.15%) over the last 5 years and increased by £15,534 (3.61%) over the last 12 months.

Over the last year, there were 39 residential property sales – a decrease of 24 transactions (-61.54%) relative to the previous year. The majority of house sales (12) were in the £408,000 - £504,000 range. Then came properties in the £216,000 - £312,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 7 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,833 (-2%).

In April 2024, there were 7 new estate agency instructions, 4 agreed home sales and 8 property price reductions.

Postcodes Covered: NE45

5-Year Average Property Prices in Corbridge

21.15%

Property prices in Corbridge increased by 21.15% 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 Corbridge Over the Last Year

3.61%

Property prices in Corbridge increased by 3.61% 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 Corbridge - 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).

0 to 20 days is an encouraging sign and shows that homes, on average, are selling within 3 weeks of going to market. As long as the property is priced realistically, there's a good chance of getting an offer within this timeframe. There may even be evidence of homes selling for over the asking price. However, please be mindful of the fact that your local housing market could be at risk of overheating.

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 Corbridge

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 Corbridge

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 Corbridge

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 Corbridge since 1995

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

Recent Property Sales in Corbridge

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Crofts Way, Corbridge, Northumberland, NE45 5NB£350,000£350,000£0013 Oct 202325 Jan 2024104 Days
28 Chantry Estate, Corbridge, Northumberland, NE45 5JH£175,000£165,000-£10,00022 Sep 202301 Dec 202370 Days
8 Carrsfield, Corbridge, Northumberland, NE45 5LJ£400,000£350,000-£50,00010 Aug 202330 Nov 2023112 Days
28 Aydon Avenue, Corbridge, Northumberland, NE45 5DY£290,000£268,000-£22,00010 May 202303 Nov 2023177 Days
4 Woodbine Terrace, Corbridge, Northumberland, NE45 5BD£300,000£290,000-£10,00019 Jun 202312 Oct 2023115 Days
4 St Andrews Terrace, Corbridge, Northumberland, NE45 5AL£250,000£249,500-£50018 May 202329 Sep 2023134 Days
Hudshaw, Appletree Lane, Corbridge, Northumberland, NE45 5DN£650,000£622,500-£27,50001 Mar 202308 Jun 202399 Days
8 Carham Close, Corbridge, Northumberland, NE45 5NA£325,000£325,000£0023 Jan 202317 Apr 202384 Days
11 St Wilfreds Road, Corbridge, Northumberland, NE45 5DE£225,000£220,000-£5,00019 Oct 202213 Jan 202386 Days
11 Trinity Terrace, Corbridge, Northumberland, NE45 5HW£425,000£425,000£0009 Apr 202219 Aug 2022132 Days
23 Milkwell, Corbridge, Northumberland, NE45 5JG£195,000£195,000£0014 Feb 202230 Jun 2022136 Days
21 The Riggs, Corbridge, Northumberland, NE45 5JX£185,000£170,000-£15,00022 Aug 201924 May 20221006 Days
22 St Helens Lane, Corbridge, Northumberland, NE45 5JE£225,000£220,000-£5,00016 Dec 202112 Apr 2022117 Days
35 Roman Way, Corbridge, Northumberland, NE45 5JN£210,000£200,000-£10,00026 Oct 202107 Apr 2022163 Days
14 Jameson Drive, Corbridge, Northumberland, NE45 5EX£585,000£575,000-£10,00022 Nov 202111 Mar 2022109 Days
66 Chantry Estate, Corbridge, Northumberland, NE45 5JH£185,000£185,000£0029 Apr 202101 Feb 2022278 Days
36 Crofts Avenue, Corbridge, Northumberland, NE45 5LZ£275,000£275,000£0019 Aug 202116 Dec 2021119 Days
35 Cragside, Corbridge, Northumberland, NE45 5EU£475,000£463,000-£12,00015 Jul 202103 Dec 2021141 Days
35 Woodside Avenue, Corbridge, Northumberland, NE45 5EL£325,000£310,000-£15,00029 Jul 202129 Oct 202192 Days
12 Glebelands, Corbridge, Northumberland, NE45 5DS£250,000£241,000-£9,00026 Jul 202129 Sep 202165 Days

Most Expensive Streets in Corbridge

PostcodeStreetAreaAverageNo. of Sales
NE45 5ABSiskin DriveCorbridge£570,0004
NE45 5EXJameson DriveCorbridge£555,5717
NE45 5HZPriory GardensCorbridge£493,3333
NE45 5HHWest TerraceCorbridge£493,3333
NE45 5BZPrinces CourtPrinces Street, Corbridge£478,5004
NE45 5EUCragsideCorbridge£458,0717
NE45 5SRLonghorn GardensRoman Heights£453,9505
NE45 5SLAngus GardensRoman Heights£442,76811
NE45 5SFPembroke DriveRoman Heights£436,68420
NE45 5SNFriesian DriveRoman Heights£434,08023

Least Expensive Streets in Corbridge

PostcodeStreetAreaAverageNo. of Sales
NE45 5BNWindsor CourtCorbridge£94,69510
NE45 5ESPrimlea CourtAydon Road£140,85010
NE45 5JHChantry EstateCorbridge£161,5005
NE45 5JESt Helens LaneCorbridge£172,5005
NE45 5DESt Wilfreds RoadCorbridge£182,5004
NE45 5JGMilkwellCorbridge£185,8543
NE45 5JXThe RiggsCorbridge£195,0003
NE45 5JNRoman WayCorbridge£209,1663
NE45 5JFSynclen AvenueCorbridge£212,6254
NE45 5AAHill StreetCorbridge£230,5115

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