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Rothbury House Prices Rothbury House Prices

The average house price in Rothbury is £222,500 using HM Land Registry data.

The average property price decreased by £6,572 (--2.45%) over the last 5 years and decreased by £1,314 (--0.5%) over the last 12 months.

Over the last year, there were 31 residential property sales – a decrease of 8 transactions (-25.81%) relative to the previous year. The majority of house sales (7) were in the £240,000 - £280,000 range. Then came properties in the £280,000 - £320,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 95 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,014 (-4%).

In April 2024, there were 5 new estate agency instructions, 7 agreed home sales and 1 property price reductions.

Postcodes Covered: NE65

5-Year Average Property Prices in Rothbury

-2.45%

Property prices in Rothbury decreased by -2.45% 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 Rothbury Over the Last Year

-0.5%

Property prices in Rothbury decreased by -0.5% 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 Rothbury - 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 Rothbury

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 Rothbury

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 Rothbury

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 Rothbury since 1995

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

Recent Property Sales in Rothbury

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Addycombe Close, Rothbury, Morpeth, Northumberland, NE65 7QF£165,000£155,000-£10,00014 Sep 202319 Feb 2024158 Days
Moor Cottage, Hillside, Rothbury, Morpeth, Northumberland, NE65 7YH£425,000£410,000-£15,00017 Oct 202319 Feb 2024125 Days
1 Greenwell Villas, Rothbury, Morpeth, Northumberland, NE65 7PA£200,000£180,000-£20,00019 Jul 202316 Feb 2024212 Days
16 The Maltings, Rothbury, Morpeth, Northumberland, NE65 7TG£180,000£110,000-£70,00002 Jan 202012 Dec 20231440 Days
1 Hawthorn Terrace, Rothbury, Morpeth, Northumberland, NE65 7TX£250,000£240,000-£10,00006 Jul 202304 Dec 2023151 Days
10 Croft Road, Rothbury, Morpeth, Northumberland, NE65 7QU£150,000£135,000-£15,00006 Jul 202324 Nov 2023141 Days
11 Whitton View, Rothbury, Morpeth, Northumberland, NE65 7QN£285,000£280,000-£5,00002 Jun 202320 Oct 2023140 Days
5 The Maltings, Rothbury, Morpeth, Northumberland, NE65 7TG£199,950£195,000-£4,95002 Jun 202322 Sep 2023112 Days
55 Jubilee Crescent, Rothbury, Morpeth, Northumberland, NE65 7QZ£95,000£90,000-£5,00004 Feb 202007 Sep 20231311 Days
4 Wrights Square, Rothbury, Morpeth, Northumberland, NE65 7BF£285,000£285,000£0025 May 202325 Aug 202392 Days
67 Whitton View, Rothbury, Morpeth, Northumberland, NE65 7QN£315,000£305,000-£10,00014 Feb 202309 Aug 2023176 Days
1 Lordenshaw Drive, Rothbury, Morpeth, Northumberland, NE65 7JU£359,000£320,000-£39,00011 Jan 201801 Mar 20231875 Days
1 Tollgate Road, Rothbury, Morpeth, Northumberland, NE65 7RD£310,000£305,000-£5,00015 Sep 202216 Feb 2023154 Days
13 Woodlands, Rothbury, Morpeth, Northumberland, NE65 7XZ£285,000£272,500-£12,50011 Oct 202213 Feb 2023125 Days
9 Lordenshaw Drive, Rothbury, Morpeth, Northumberland, NE65 7JU£425,000£416,500-£8,50006 Jun 202210 Oct 2022126 Days
West End, Whitton Terrace, Rothbury, Morpeth, Northumberland, NE65 7QW£273,000£263,000-£10,00010 Apr 202225 Jul 2022106 Days
Malin, Silverton Lane, Rothbury, Morpeth, Northumberland, NE65 7RJ£400,000£390,000-£10,00001 Mar 202216 Jun 2022107 Days
Southway, Hillside, Rothbury, Morpeth, Northumberland, NE65 7YE£325,000£260,000-£65,00001 Mar 202201 Jun 202292 Days
Spinney Brae, Hillside, Rothbury, Morpeth, Northumberland, NE65 7YG£599,950£560,000-£39,95020 Jan 202210 May 2022110 Days
4 Stephenson Terrace, Rothbury, Morpeth, Northumberland, NE65 7UH£240,000£240,000£0001 Oct 202116 Feb 2022138 Days

Most Expensive Streets in Rothbury

PostcodeStreetAreaAverageNo. of Sales
NE65 7YYBlaeberry HillRothbury£456,1663
NE65 7YNHillsideRothbury£387,5003
NE65 7DUScott CloseRothbury£376,95011
NE65 7EECharleton WayRothbury£360,15220
NE65 7YGHillsideRothbury£357,1119
NE65 7YUCragside ViewRothbury£352,0003
NE65 7TLHighfieldRothbury£346,2504
NE65 7YSPondicherryRothbury£343,7504
NE65 7JULordenshaw DriveRothbury£322,3005
NE65 7YBBack CroftsRothbury£321,6663

Least Expensive Streets in Rothbury

PostcodeStreetAreaAverageNo. of Sales
NE65 7QZJubilee CrescentRothbury£112,8336
NE65 7PDAddycombe CottagesRothbury£144,0004
NE65 7PEAddycombe GardensRothbury£144,2005
NE65 7TEHigh StreetRothbury£155,0004
NE65 7TGThe MaltingsRothbury£166,7147
NE65 7QUCroft RoadRothbury£170,0005
NE65 7TWWellstrandRothbury£175,6254
NE65 7THHigh StreetRothbury£180,3333
NE65 7TXHawthorn TerraceRothbury£182,1663
NE65 7SYProvidence PlaceRothbury£186,6663

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