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Stakeford House Prices Stakeford House Prices

The average house price in Stakeford is £143,500 using HM Land Registry data.

The average property price increased by £43,446 (43.89%) over the last 5 years and increased by £8,683 (6.49%) over the last 12 months.

Over the last year, there were 99 residential property sales – a decrease of 24 transactions (-24.24%) relative to the previous year. The majority of house sales (23) were in the £162,000 - £196,000 range. Then came properties in the £94,000 - £128,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 17 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,713 (-3%).

In April 2024, there were 18 new estate agency instructions, 13 agreed home sales and 6 property price reductions.

Postcodes Covered: NE62

5-Year Average Property Prices in Stakeford

43.89%

Property prices in Stakeford increased by 43.89% 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 Stakeford Over the Last Year

6.49%

Property prices in Stakeford increased by 6.49% 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 Stakeford - 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 Stakeford

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 Stakeford

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 Stakeford

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 Stakeford since 1995

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

Recent Property Sales in Stakeford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Sheepwash Avenue, Choppington, Northumberland, NE62 5NN£100,000£95,000-£5,00024 Oct 202309 Feb 2024108 Days
69 Woodhorn Drive, Choppington, Northumberland, NE62 5ES£185,000£185,000£0025 Jul 202308 Feb 2024198 Days
22 Crossfell Gardens, Choppington, Northumberland, NE62 5LA£180,000£170,000-£10,00008 Jun 202323 Jan 2024229 Days
146 Woodhorn Drive, Choppington, Northumberland, NE62 5ES£34,950£32,000-£2,95001 Aug 202321 Dec 2023142 Days
12 Carlow Drive, West Sleekburn, Choppington, Northumberland, NE62 5UT£260,000£255,000-£5,00011 Jul 202308 Dec 2023150 Days
11 Percy Gardens, Choppington, Northumberland, NE62 5YH£180,000£180,000£0011 May 202329 Nov 2023202 Days
41 Avebury Avenue, Choppington, Northumberland, NE62 5HE£269,950£265,000-£4,95015 Jun 202322 Nov 2023160 Days
27 Simonside Avenue, Choppington, Northumberland, NE62 5LJ£200,000£195,000-£5,00017 May 202310 Nov 2023177 Days
Heron House, Rutherford Close, Choppington, Northumberland, NE62 5DT£180,000£165,000-£15,00006 Jun 201431 Oct 20233434 Days
213 Ashington Drive, Choppington, Northumberland, NE62 5BJ£135,000£130,000-£5,00028 Jul 202330 Oct 202394 Days
3 Osier Court, Stakeford, Choppington, Northumberland, NE62 5UG£239,950£225,000-£14,95026 May 202324 Oct 2023151 Days
11 Alveston Close, Choppington, Northumberland, NE62 5JW£119,950£112,000-£7,95003 May 202303 Oct 2023153 Days
8 Stakeford Lane, Choppington, Northumberland, NE62 5JB£320,000£285,000-£35,00010 Apr 202329 Sep 2023172 Days
10 Chatton Wynd, West Sleekburn, Choppington, Northumberland, NE62 5BW£109,950£109,950£0011 May 202327 Sep 2023139 Days
231 Ashington Drive, Choppington, Northumberland, NE62 5BJ£135,000£130,000-£5,00006 Jun 202325 Sep 2023111 Days
14 Ellesmere Gardens, Choppington, Northumberland, NE62 5TY£85,000£85,000£0022 Sep 202322 Sep 20230 Days
73 Ringway, Choppington, Northumberland, NE62 5YJ£240,000£230,000-£10,00022 Feb 202322 Sep 2023212 Days
13 Parkway, Choppington, Northumberland, NE62 5EA£115,000£112,000-£3,00015 Sep 202322 Sep 20237 Days
43 East Terrace, Choppington, Northumberland, NE62 5UJ£73,000£73,000£0025 Jul 202319 Sep 202356 Days
23 Glendale Avenue, Choppington, Northumberland, NE62 5AN£125,000£118,000-£7,00014 Jun 202318 Sep 202396 Days

Most Expensive Streets in Stakeford

PostcodeStreetAreaAverageNo. of Sales
NE62 5TZEast Ford RoadChoppington£289,2005
NE62 5UTCarlow DriveWest Sleekburn£264,6256
NE62 5YSAcreford CourtChoppington£229,3333
NE62 5HEAvebury AvenueChoppington£218,7754
NE62 5QASherbourne VillasChoppington£205,8333
NE62 5YZMeadowbank DriveChoppington£181,3333
NE62 5BUAlstone CourtChoppington£179,3333
NE62 5LERiversdale AvenueChoppington£174,6503
NE62 5YLKielder GardensChoppington£174,3333
NE62 5QTMowbray CourtChoppington£172,3333

Least Expensive Streets in Stakeford

PostcodeStreetAreaAverageNo. of Sales
NE62 5LGRiversdale HouseStakeford£25,9163
NE62 5EPWoodhorn DriveChoppington£40,5006
NE62 5XGChurch AvenueWest Sleekburn£54,5624
NE62 5XDMarshes HousesWest Sleekburn£57,1754
NE62 5ESWoodhorn DriveChoppington£63,33312
NE62 5JEWestford RoadChoppington£68,5006
NE62 5TYEllesmere GardensChoppington£68,8336
NE62 5NZSycamore AvenueGuidepost£70,5163
NE62 5PHWelbeck RoadChoppington£71,1663
NE62 5QULouvain TerraceChoppington£71,1663

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