Housing Market Analysis for PRINCESWAY, NE11 0TU

Are you looking to understand NE11 0TU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Gateshead postcode.

For the location information and nearby amenities in the NE11 0TU area, explore the NE11 0TU Area information page.
For comprehensive crime statistics in the NE11 0TU area, explore the NE11 0TU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE11 0TU postcode area, The average prices are as follows,

  • Other
    • The average price is around £1,999,024 median price is £1,912,500 Standard Deviation is £1,549,876 with Total Sold: 5
    • The Last 5 Year average price is £1,900,040 with Total Sold: 3
    • The most recent sale happened at this postcode is LABELLING DYNAMICS LTD PRINCESWAY: £3,595,919 (Sold on 28 Jul 2021)
    • The first recorded sale happened at this postcode is 392 PRINCESWAY: £395,000 (Sold on 19 Feb 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average NE11 0TU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£3,595,9191
2019£1,052,1002
2018£3,900,0001
2016£395,0001

All the Sales in the PRINCESWAY, NE11 0TU

See the table below for more details on the sold house prices in the NE11 0TU, Gateshead postcode.

AddressSold DatePrice% Change
LABELLING DYNAMICS LTD PRINCESWAYOther, Leasehold28 Jul 2021£3,595,919First Sale
398A PRINCESWAYOther, Leasehold08 Mar 2019£191,700First Sale
UNIT BT1-A398A PRINCESWAYOther, Leasehold08 Feb 2019£1,912,500First Sale
401 PRINCESWAYOther, Leasehold23 Mar 2018£3,900,000First Sale
392 PRINCESWAYOther, Leasehold19 Feb 2016£395,000First Sale

Check out the sold house prices near the NE11 0TU postcode. Properties currently for saleProperties currently for rent

PRINCESWAY, NE11 0TU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE11 0TU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE11 0TU postcode.

  • Other
    • The average price is around £1,261,414 median price is £605,000 Standard Deviation is £1,482,533 with Total Sold: 46
    • The Last 5 Year average price is £1,153,187 with Total Sold: 23
    • The most recent sale happened at this postcode is DERWENT HOUSE, LAKESIDE COURT FIFTH AVENUE: £550,000 (Sold on 27 Sep 2023)
    • The first recorded sale happened at this postcode is , C4 KINGFISHER HOUSE KINGSWAY: £144,000 (Sold on 08 Oct 2012)
  • Detached
    • The average price is around £172,500 median price is £172,500 Standard Deviation is £2,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , MILL GREEN COACH ROAD: £175,000 (Sold on 12 Feb 2004)
    • The first recorded sale happened at this postcode is , 311A FOSTER COURT: £170,000 (Sold on 17 Mar 2000)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£348,7502
2022£290,0001
2021£1,547,7304
2020£1,308,6869
2019£1,080,9577
2018£2,256,8199
2017£1,631,3825
2016£271,9735
2015£69,6001
2014£660,0001
2013£800,0001
2012£144,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£175,000 £706 1
2000£170,0001

House Type in NE11 0TU area

The most common house types in the NE11 0TU postcode area are Flat (92), Semi-detached (45), and Terraced (22).

Total171
Flat92
Semi-detached45
Terraced22
commercial building6
Detached3
Shared house3
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (72), and Social rented: Other social rented (37).

Social rented: Rents from council or Local Authority72
Social rented: Other social rented37
Owned: Owns outright23
Owned: Owns with a mortgage or loan14
Private rented: Private landlord or letting agency14
Private rented: Other private rented6
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE11 0TU have 1 person in household (96), and 2 people in household (39).

1 person in household96
2 people in household39
3 people in household22
5 people in household7
4 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0