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Whickham House Prices Whickham House Prices

The average house price in Whickham is £282,107 using HM Land Registry data.

The average property price increased by £40,565 (19.52%) over the last 5 years and increased by £8,107 (3.37%) over the last 12 months.

Over the last year, there were 164 residential property sales – a decrease of 81 transactions (-49.39%) relative to the previous year. The majority of house sales (43) were in the £226,000 - £284,000 range. Then came properties in the £110,000 - £168,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,075 (-2%).

In April 2024, there were 34 new estate agency instructions, 24 agreed home sales and 9 property price reductions.

Neighbouring Areas: Blaydon, Gateshead

Postcodes Covered: NE16

5-Year Average Property Prices in Whickham

19.52%

Property prices in Whickham increased by 19.52% 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 Whickham Over the Last Year

3.37%

Property prices in Whickham increased by 3.37% 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 Whickham - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Whickham

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 Whickham

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 Whickham

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 Whickham since 1995

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

Recent Property Sales in Whickham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
33 Byron Court, Swalwell, Newcastle Upon Tyne, Tyne And Wear, NE16 3JU£120,000£117,500-£2,50011 Oct 202308 Mar 2024149 Days
1 Chestnut Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 5JN£270,000£252,500-£17,50025 Aug 202319 Feb 2024178 Days
8 Glebe Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 4LU£159,995£155,000-£4,99514 Aug 202319 Feb 2024189 Days
1 Ashfield Rise, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 4PN£305,000£300,000-£5,00024 Jan 202409 Feb 202416 Days
18 Napier Road, Swalwell, Newcastle Upon Tyne, Tyne And Wear, NE16 3BT£115,000£112,000-£3,00007 Aug 202309 Feb 2024186 Days
24 Sunnidale, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 5TT£325,000£322,000-£3,00002 Oct 202309 Feb 2024130 Days
2 The Pavilion, Swalwell, Newcastle Upon Tyne, Tyne And Wear, NE16 3BZ£350,000£348,000-£2,00014 Aug 202309 Feb 2024179 Days
7 Ancrum Way, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 5RN£250,000£248,000-£2,00001 Jun 202331 Jan 2024244 Days
64 Napier Road, Swalwell, Newcastle Upon Tyne, Tyne And Wear, NE16 3BT£95,000£93,000-£2,00001 Aug 202322 Jan 2024174 Days
11 Southfield Terrace, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 4RE£142,000£141,000-£1,00006 Sep 202322 Jan 2024138 Days
34 Milton Road, Swalwell, Newcastle Upon Tyne, Tyne And Wear, NE16 3JD£120,000£120,000£0004 Oct 202316 Jan 2024104 Days
27 Rose Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 4NA£235,000£222,500-£12,50019 May 202316 Jan 2024242 Days
16 Elm Court, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 4PS£400,000£395,000-£5,00027 Sep 202318 Dec 202382 Days
21 Kipling Avenue, Swalwell, Newcastle Upon Tyne, Tyne And Wear, NE16 3JB£125,000£122,000-£3,00026 Aug 202315 Dec 2023111 Days
20 Falsgrave Place, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 5SG£240,000£235,000-£5,00004 Sep 202315 Dec 2023102 Days
24 Grasmere Road, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 4EU£280,000£276,500-£3,50006 Sep 202308 Dec 202393 Days
18 The Foxhills, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 5UU£159,000£147,000-£12,00021 Jul 202306 Dec 2023138 Days
9 Edith Terrace, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 4AH£120,000£116,500-£3,50020 Apr 202304 Dec 2023228 Days
16 The Pavilion, Swalwell, Newcastle Upon Tyne, Tyne And Wear, NE16 3BZ£250,000£250,000£0031 May 202301 Dec 2023184 Days
15 Axwell View, Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 4JS£725,000£708,000-£17,00012 Jun 202328 Nov 2023169 Days

Most Expensive Streets in Whickham

PostcodeStreetAreaAverageNo. of Sales
NE16 4PYCornmoor RoadWhickham£673,0005
NE16 4HWThe CourtWhickham£646,6663
NE16 4QAMillfield RoadWhickham£641,0254
NE16 4QZBroom LaneWhickham£625,0003
NE16 4PUCornmoor RoadWhickham£583,32311
NE16 4JSAxwell ViewWhickham£496,0003
NE16 4PQWhaggs LaneWhickham£488,5717
NE16 4PFWhaggs LaneWhickham£477,1005
NE16 4SUBeech AvenueWhickham£477,0003
NE16 5TRWoodmans WayWhickham£425,0003

Least Expensive Streets in Whickham

PostcodeStreetAreaAverageNo. of Sales
NE16 3HTRidley GardensSwalwell£47,2798
NE16 3BUPark TerraceSwalwell£58,9905
NE16 3HECrowley RoadSwalwell£62,0003
NE16 3JSAxwell TerraceSwalwell£62,6005
NE16 3BTNapier RoadSwalwell£83,45411
NE16 4BSWordsworth AvenueWhickham£85,8005
NE16 4LYGlebe RiseWhickham£89,3333
NE16 3HSHood StreetSwalwell£89,5505
NE16 3HZSouth View TerraceSwalwell£96,6663
NE16 5BRFellside MewsWhickham£101,8995

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