Prospect Terrace - NE42 6JD
Key Street Insights
Prospect Terrace is a residential street with 18 addresses.
It ranks as the 154th largest and 89th most expensive of the 289 streets in the NE42 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 18 properties: 14 houses and 4 flats.
- Ave. Sale Price
- £140,785
- 10 Year change
- up 23.5%
- Ave. Rental Price
- £985pcm
- 10 Year change
- up 54.6%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 8.4%/year/yr
Key Street Insights
Prospect Terrace is a residential street with 18 addresses.
It ranks as the 154th largest and 89th most expensive of the 289 streets in the NE42 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 18 properties: 14 houses and 4 flats.
- Ave. Sale Price
- £140,785
- 10 Year change
- up 23.5%
- Ave. Rental Price
- £985pcm
- 10 Year change
- up 54.6%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 8.4%/year/yr
Explore Propertieson Prospect Terrace, Prudhoe, NE42
- Prospect House
3 Bed Period House
- 1 Prospect Terrace
2 Bed Period Flat
- 2 Prospect Terrace
2 Bed Mid-century Flat
- 3 Prospect Terrace
2 Bed Period Flat
- 4 Prospect Terrace
3 Bed Period Flat
Sales Market Trends
The last sale on Prospect Terrace sold for £162,000 on 5th September 2024. Since then prices are up an average of 5.2%.
The current average value in the street is £140,785.
The Prospect Terrace Sales Market has increased by 23.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £140,785 |
| June 2025 | 3.3% | £138,699 |
| June 2024 | 2.5% | £134,331 |
| June 2023 | -0.3% | £131,045 |
| June 2022 | 3.8% | £131,374 |
| June 2021 | 6.2% | £126,590 |
| June 2020 | 2.6% | £119,204 |
| June 2019 | 1.8% | £116,200 |
| June 2018 | 1.3% | £114,118 |
| June 2017 | -1.2% | £112,664 |
| June 2016 | -1.6% | £114,011 |
| June 2015 | 5.1% | £115,824 |
| June 2014 | 2.9% | £110,215 |
| June 2013 | -2.5% | £107,088 |
| June 2012 | 1.4% | £109,814 |
| June 2011 | -5.2% | £108,286 |
| June 2010 | 2.9% | £114,263 |
| June 2009 | -12.1% | £111,082 |
| June 2008 | -2.2% | £126,440 |
| June 2007 | 0% | £129,330 |
Rental Market Trends
The current average rental value in the street is £985.
The Prospect Terrace Rental Market has increased by 54.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £985pcm |
| June 2025 | 5.3% | £968pcm |
| June 2024 | 10.1% | £919pcm |
| June 2023 | 11.1% | £835pcm |
| June 2022 | 9.7% | £751pcm |
| June 2021 | 4.3% | £685pcm |
| June 2020 | 2.4% | £656pcm |
| June 2019 | 0.3% | £641pcm |
| June 2018 | -0.1% | £639pcm |
| June 2017 | 0.4% | £640pcm |
| June 2016 | 2% | £637pcm |
| June 2015 | 2.2% | £625pcm |
| June 2014 | 1.8% | £611pcm |
| June 2013 | 0.4% | £600pcm |
| June 2012 | 1.8% | £598pcm |
| June 2011 | 2.7% | £587pcm |
| June 2010 | 1.8% | £571pcm |
| June 2009 | -4.7% | £561pcm |
| June 2008 | -0.6% | £588pcm |
| June 2007 | 0% | £592pcm |
Sales History
The last sale was on 5th September 2024 for £162,000 and since then the market in the area has increased by 5.2%. The street has had a total of 32 sales since 1995.
Prospect Terrace, Prudhoe, NE42 has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2024£162,000 | 3 Bed House21, Prospect Terrace, Prudhoe, NE42 6JD21, Prospect Terrace, Prudhoe, NE42 6JD
- Sold Jul 2023£135,000 | 3 Bed House19, Prospect Terrace, Prudhoe, NE42 6JD19, Prospect Terrace, Prudhoe, NE42 6JD
- Sold Dec 2019£122,000 | 3 Bed House19, Prospect Terrace, Prudhoe, NE42 6JD19, Prospect Terrace, Prudhoe, NE42 6JD
- Sold Jul 2019£115,000 | 3 Bed House6, Prospect Terrace, Prudhoe, NE42 6JD6, Prospect Terrace, Prudhoe, NE42 6JD
- Sold May 2019£93,000 | 3 Bed House17, Prospect Terrace, Prudhoe, NE42 6JD17, Prospect Terrace, Prudhoe, NE42 6JD
Top 3 Most Expensive Sales
- Sold Sep 2024£162,000 | 3 Bed House21, Prospect Terrace, Prudhoe, NE42 6JD21, Prospect Terrace, Prudhoe, NE42 6JD
- Sold Nov 2007£144,000 | 4 Bed House5, Prospect Terrace, Prudhoe, NE42 6JD5, Prospect Terrace, Prudhoe, NE42 6JD
- Sold May 2018£135,000 | 3 Bed HouseProspect House, Prospect Terrace, Prudhoe, NE42 6JDProspect House, Prospect Terrace, Prudhoe, NE42 6JD
Nearby Streets
Prospect Terrace, Prudhoe, NE42 is the 154th largest and the 89th most expensive street in the NE42 area.
- Edgewell Road West, Prudhoe, NE426 Addresses|37 m away
- Tulip Street, Prudhoe, NE4212 Addresses|71 m away
- West View, Prudhoe, NE426 Addresses|87 m away
- Sandysykes, Prudhoe, NE425 Addresses|101 m away
- North View Terrace, Prudhoe, NE4212 Addresses|103 m away
- South View, Prudhoe, NE428 Addresses|110 m away
Property Types
- 10 period houses built between 1800 and 1911
- 3 period flats built between 1800 and 1911
- 1 mid-century flat built between 1936 and 1979
- 4 other addresses of unknown type
- period house (10)
- period flat (3)
- mid-century flat (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (1)
- D (11)
- No EPC (4)
Schools Nearby
- Prudhoe Castle First School300 m away
- Prudhoe West Academy500 m away
- St Matthew's Catholic Primary School, Prudhoe500 m away
- Prudhoe Community High School900 m away
- Thorp Academy5.9 km away
- Walbottle Academy8.9 km away
More reading links
Public Transport Nearby
The closest station to Prospect Terrace, Prudhoe, NE42 - NE42 6JD is Prudhoe station, which is 900 metres away.
- Prudhoe|900 m away
- Stocksfield|3.6 km away
- Wylam|3.7 km away
