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Rowlands Gill House Prices Rowlands Gill House Prices

The average house price in Rowlands Gill is £151,500 using HM Land Registry data.

The average property price increased by £24,109 (12.41%) over the last 5 years and increased by £4,819 (2.26%) over the last 12 months.

Over the last year, there were 42 residential property sales – a decrease of 33 transactions (-78.57%) relative to the previous year. The majority of house sales (16) were in the £80,000 - £150,000 range. Then came properties in the £150,000 - £220,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 18 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-2,050 (0%).

In April 2024, there were 7 new estate agency instructions, 4 agreed home sales and 9 property price reductions.

Postcodes Covered: NE39

5-Year Average Property Prices in Rowlands Gill

12.41%

Property prices in Rowlands Gill increased by 12.41% 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 Rowlands Gill Over the Last Year

2.26%

Property prices in Rowlands Gill increased by 2.26% 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 Rowlands Gill - 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 Rowlands Gill

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 Rowlands Gill

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 Rowlands Gill

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 Rowlands Gill since 1995

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

Recent Property Sales in Rowlands Gill

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Chapel View, Rowlands Gill, Tyne And Wear, NE39 2PN£140,000£139,000-£1,00007 Sep 202329 Jan 2024144 Days
2 Glencoe Rise, Rowlands Gill, Tyne And Wear, NE39 2NL£180,000£180,000£0009 Sep 202308 Dec 202390 Days
19 Windsor Court, Rowlands Gill, Tyne And Wear, NE39 1BF£125,000£118,000-£7,00002 May 202306 Nov 2023188 Days
54 Sherburn Park Drive, Rowlands Gill, Tyne And Wear, NE39 1QU£250,000£235,000-£15,00001 Jun 202302 Nov 2023154 Days
Beech Cottage, Lintzford Road, Rowlands Gill, Tyne And Wear, NE39 1DG£190,000£187,100-£2,90017 Apr 202301 Nov 2023198 Days
1 Dipwood Way, Rowlands Gill, Tyne And Wear, NE39 1DH£325,000£320,000-£5,00016 Jun 202327 Oct 2023133 Days
46 William Morris Avenue, Rowlands Gill, Tyne And Wear, NE39 2DD£120,000£120,000£0030 Jun 202327 Oct 2023119 Days
21 Rowland Burn Way, Rowlands Gill, Tyne And Wear, NE39 2PU£650,000£650,000£0031 Mar 202307 Sep 2023160 Days
37 Burnopfield Road, Rowlands Gill, Tyne And Wear, NE39 1QQ£110,000£98,000-£12,00013 Jun 202331 Aug 202379 Days
7 Holmewood Drive, Rowlands Gill, Tyne And Wear, NE39 1EL£535,000£525,000-£10,00012 Jan 202324 Aug 2023224 Days
19 Hillside Close, Rowlands Gill, Tyne And Wear, NE39 2PW£120,000£120,000£0015 Mar 202318 Aug 2023156 Days
1 Stewartsfield, Rowlands Gill, Tyne And Wear, NE39 1PE£199,999£195,000-£4,99930 Mar 202318 Aug 2023141 Days
11 Sherburn Green, Rowlands Gill, Tyne And Wear, NE39 1QS£200,000£197,000-£3,00012 Apr 202317 Aug 2023127 Days
6 South View East, Rowlands Gill, Tyne And Wear, NE39 2DJ£78,000£78,000£0020 May 202314 Aug 202386 Days
25 Dene Avenue, Rowlands Gill, Tyne And Wear, NE39 1DY£425,000£425,000£0006 Feb 202311 Aug 2023186 Days
Springvale, The Avenue, Rowlands Gill, Tyne And Wear, NE39 1QB£400,000£400,000£0016 Jan 202311 Aug 2023207 Days
Woodthorn, Strathmore Road, Rowlands Gill, Tyne And Wear, NE39 1HZ£425,000£415,000-£10,00023 Mar 202328 Jul 2023127 Days
2 Dene View, Highfield, Rowlands Gill, Tyne And Wear, NE39 2LH£140,000£71,250-£68,75002 Oct 201413 Jul 20233206 Days
2 Rookswood Gardens, Rowlands Gill, Tyne And Wear, NE39 2PH£132,500£91,000-£41,50009 Nov 202223 Jun 2023226 Days
Brownrigg, Lintzford Road, Rowlands Gill, Tyne And Wear, NE39 1DG£400,000£400,000£0002 Jun 202302 Jun 20230 Days

Most Expensive Streets in Rowlands Gill

PostcodeStreetAreaAverageNo. of Sales
NE39 2PXBrockwell DriveRowlands Gill£561,8754
NE39 2PURowland Burn WayRowlands Gill£541,6663
NE39 1DYDene AvenueRowlands Gill£366,6663
NE39 1BNGibside ChaseRowlands Gill£319,3289
NE39 1EDOrchard RoadRowlands Gill£296,6663
NE39 1PNThe GroveRowlands Gill£290,7005
NE39 1RBTowneley FieldsRowlands Gill£280,5005
NE39 1DHDipwood WayRowlands Gill£266,0003
NE39 1DGLintzford RoadRowlands Gill£265,7256
NE39 1DWOrchard DeneRowlands Gill£247,5006

Least Expensive Streets in Rowlands Gill

PostcodeStreetAreaAverageNo. of Sales
NE39 2DJSouth View EastRowlands Gill£76,3333
NE39 2NGMargaret TerraceRowlands Gill£77,7839
NE39 2NHNorth View EastRowlands Gill£84,3675
NE39 2LHDene ViewHighfield£84,4163
NE39 2NEOlga TerraceRowlands Gill£90,3336
NE39 1LQHollydeneRowlands Gill£92,6254
NE39 1QQBurnopfield RoadRowlands Gill£97,6663
NE39 1BFWindsor CourtRowlands Gill£100,3005
NE39 2PBCowen TerraceRowlands Gill£111,0009
NE39 2PDLilley TerraceRowlands Gill£113,3333

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