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NE70 (Belford) Price trends

 
5yr house price growth
5.16%5.61%
5yr house price CAGR
0.84%3.52%
Last 12 months house price growth
1.34%5.61%
 
Market size Indicator: no. of transactions
659399,87821,372,108
Market size Indicator: total no. of properties
1,120553,18328,158,214
Market liquidity Indicator: transactions / properties
58.84%72.29%75.90%
Market growth indicator: new homes built
9041,8192,159,937
Market growth indicator: new builds / transactions
0.00%10.46%10.11%
Notes

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.

Data sources: Total number of properties: ONS 2011 Census data. Other data: HM Land Registry. Land Registry data is updated quarterly and dates back to January 1995.

No. of transactions: This is the count of all transactions in the relevant geographic segment since 1st January 1995 as recorded by Land Registry.

No. of properties: This is the count of all residential properties in the relevant geographic segment.

New homes built: This is the count of all new build transactions in the relevant geographic segment since 1st January 1995 as recorded by Land Registry.
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