A typical 3-bedroom house in NE45 sold for £389,912 over the last five years, in today's money; most went for between £305,408 and £454,804, for about 96 m² of space.
42 homes sold here in the last year: a smaller market: expect a handful of new listings a month. Flats start at around £122k for one bedroom.
Across Northumberland, prices are up 7.3% on a year ago and up 23.7% over five years. Renting a similar home there costs about £766 a month; a 90% mortgage on the typical price would be around £1,778 a month at 4.5% over 30 years. Lenders would typically want a household income of about £78,000 for that mortgage: what £80,000 buys.