Housing Market Analysis for FESTIVAL WAY, NE11 9QU

Are you looking to understand NE11 9QU 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 9QU area, explore the NE11 9QU Area information page.
For comprehensive crime statistics in the NE11 9QU area, explore the NE11 9QU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE11 9QU postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £112,867 median price is £123,475 Standard Deviation is £39,662 with Total Sold: 18
    • The Last 5 Year average price is £125,650 with Total Sold: 3
    • The most recent sale happened at this postcode is 20 FESTIVAL WAY: £129,950 (Sold on 26 Aug 2020)
    • The first recorded sale happened at this postcode is 22 FESTIVAL WAY: £45,000 (Sold on 14 Jun 1996)
  • Other
    • The average price is around £6,000 median price is £6,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £6,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 FESTIVAL WAY: £6,000 (Sold on 03 Oct 2019)
    • The first recorded sale happened at this postcode is 6 FESTIVAL WAY: £6,000 (Sold on 03 Oct 2019)
  • Detached
    • The average price is around £69,950 median price is £69,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 FESTIVAL WAY: £69,950 (Sold on 15 Jan 1999)
    • The first recorded sale happened at this postcode is 7 FESTIVAL WAY: £69,950 (Sold on 15 Jan 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE11 9QU 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£129,950 £2,264 1
2019£123,500 £1,815 2
2015£112,000 £1,951 1
2014£105,000 £1,810 1
2013£134,967 £1,654 3
2010£159,950 £2,203 1
2009£157,475 £2,067 2
2008£160,000 £2,081 1
2006£119,999 £2,091 1
2002£72,000 £1,241 1
2001£58,500 £1,009 1
2000£55,750 £971 1
1997£46,600 £803 1
1996£45,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£6,000 £103 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£69,9501

All the Sales in the FESTIVAL WAY, NE11 9QU

See the table below for more details on the sold house prices in the NE11 9QU, Gateshead postcode.

AddressSold DatePrice% Change
20 FESTIVAL WAYSemi-Detached, FreeholdArea: 57.4 Sq.mtrAge: 1991-199526 Aug 2020£129,95016.03%
03 Jul 2015£112,000-6.67%
24 Feb 2006£119,999105.13%
05 Oct 2001£58,5004.93%
28 Jul 2000£55,75019.64%
25 Jul 1997£46,600First Sale
6 FESTIVAL WAYOther, FreeholdArea: 58 Sq.mtrAge: 1991-199503 Oct 2019£6,000-94.29%
15 May 2014£105,000First Sale
8 FESTIVAL WAYSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1991-199531 May 2019£125,0000.04%
04 Feb 2013£124,950-21.91%
26 Sep 2008£160,000First Sale
30 FESTIVAL WAYSemi-Detached, LeaseholdArea: 59 Sq.mtrAge: 1991-199509 Apr 2019£122,000First Sale
3 FESTIVAL WAYSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1996-200225 Sep 2013£125,000First Sale
34 FESTIVAL WAYSemi-Detached, LeaseholdArea: 90.49 Sq.mtrAge: 1991-199506 Sep 2013£154,950First Sale
10 FESTIVAL WAYSemi-Detached, LeaseholdArea: 72.61 Sq.mtrAge: 1991-199526 Jul 2010£159,950First Sale
24 FESTIVAL WAYSemi-Detached, LeaseholdArea: 76.6 Sq.mtrAge: 1991-199525 Sep 2009£169,950First Sale
1 FESTIVAL WAYSemi-Detached, LeaseholdArea: 75.7 Sq.mtrAge: 1991-199514 Apr 2009£145,000First Sale
12 FESTIVAL WAYSemi-Detached, LeaseholdArea: 58 Sq.mtrAge: 1983-199023 Aug 2002£72,000First Sale
7 FESTIVAL WAYDetached, Freehold15 Jan 1999£69,950First Sale
22 FESTIVAL WAYSemi-Detached, Leasehold14 Jun 1996£45,000First Sale

Check out the sold house prices near the NE11 9QU postcode. Properties currently for saleProperties currently for rent

FESTIVAL WAY, NE11 9QU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE11 9QU 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 9QU postcode.

  • Terraced
    • The average price is around £113,503 median price is £119,972 Standard Deviation is £55,810 with Total Sold: 1,212
    • The Last 5 Year average price is £145,862 with Total Sold: 242
    • The most recent sale happened at this postcode is , 29 RENFORTH STREET: £146,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 29 FOWLER GARDENS: £30,500 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £87,424 median price is £87,500 Standard Deviation is £39,117 with Total Sold: 926
    • The Last 5 Year average price is £95,099 with Total Sold: 145
    • The most recent sale happened at this postcode is , 26 PALATINE PLACE: £106,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 102 WELLINGTON ROAD: £24,750 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £116,689 median price is £115,000 Standard Deviation is £48,969 with Total Sold: 356
    • The Last 5 Year average price is £151,549 with Total Sold: 59
    • The most recent sale happened at this postcode is , 38 RAVENSWORTH ROAD: £183,500 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 ELSDON GARDENS: £45,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £172,425 median price is £74,300 Standard Deviation is £399,966 with Total Sold: 51
    • The Last 5 Year average price is £182,384 with Total Sold: 39
    • The most recent sale happened at this postcode is , 85 RAVENSWORTH ROAD: £85,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , 61 RAVENSWORTH ROAD: £1,009 (Sold on 17 Nov 2016)
  • Detached
    • The average price is around £171,450 median price is £183,900 Standard Deviation is £71,195 with Total Sold: 79
    • The Last 5 Year average price is £252,954 with Total Sold: 11
    • The most recent sale happened at this postcode is , 42 ROPERY ROAD: £236,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , 2 DRURY BUILDINGS: £30,000 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£149,189 £2,103 20
2023£143,843 £1,847 37
2022£160,437 £2,066 38
2021£139,782 £1,823 49
2020£146,959 £1,839 40
2019£140,832 £1,819 58
2018£148,422 £1,790 64
2017£126,088 £1,523 46
2016£138,511 £1,737 57
2015£149,829 £1,837 66
2014£139,938 £1,766 59
2013£141,769 £1,516 44
2012£135,849 £1,651 28
2011£116,660 £1,416 26
2010£117,490 £1,696 27
2009£111,744 £1,384 25
2008£124,457 £1,724 35
2007£127,080 £1,702 60
2006£97,651 £1,382 54
2005£96,467 £1,310 30
2004£117,074 £1,478 63
2003£86,161 £1,167 71
2002£56,911 £698 40
2001£40,826 £506 35
2000£31,956 £419 32
1999£32,125 £480 18
1998£32,855 £446 32
1997£32,619 £421 21
1996£33,752 £437 22
1995£30,777 £467 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£103,673 £1,771 13
2023£103,926 £1,599 27
2022£90,129 £1,465 34
2021£89,981 £1,434 27
2020£91,446 £1,431 28
2019£98,823 £1,591 16
2018£102,746 £1,523 24
2017£92,379 £1,505 27
2016£92,728 £1,620 29
2015£89,262 £1,528 42
2014£87,404 £1,451 26
2013£96,522 £1,588 18
2012£94,670 £1,563 23
2011£106,838 £1,699 22
2010£113,896 £1,567 21
2009£84,197 £1,350 19
2008£103,825 £1,630 30
2007£103,476 £1,761 81
2006£105,389 £1,687 82
2005£121,361 £2,019 69
2004£90,257 £1,440 46
2003£83,004 £1,383 69
2002£57,558 £837 36
2001£25,072 £401 16
2000£23,966 £382 16
1999£23,576 £348 19
1998£25,196 £398 14
1997£21,695 £359 19
1996£21,668 £354 17
1995£25,516 £355 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,5001
2023£167,990 £1,982 5
2022£184,675 £2,160 8
2021£146,626 £1,707 17
2020£143,875 £1,869 10
2019£139,396 £1,757 18
2018£163,904 £1,783 18
2017£148,768 £1,634 16
2016£141,300 £1,594 5
2015£120,247 £1,586 19
2014£109,636 £1,354 11
2013£130,362 £1,419 8
2012£111,550 £1,545 10
2011£125,265 £1,511 16
2010£117,190 £1,698 5
2009£117,859 £1,556 11
2008£128,200 £1,747 10
2007£148,650 £1,788 19
2006£134,403 £1,613 16
2005£117,071 £1,486 19
2004£132,662 £1,619 21
2003£93,721 £1,183 17
2002£78,309 £1,048 27
2001£41,291 £529 11
2000£45,925 £730 4
1999£36,200 £548 7
1998£44,6673
1997£43,636 £695 11
1996£41,9884
1995£42,156 £517 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£96,000 £1,572 3
2023£83,143 £1,289 7
2022£105,667 £1,500 3
2021£178,240 £571 5
2020£121,867 £569 6
2019£286,904 £292 15
2018£206,971 £680 4
2017£136,760 £1,565 6
2016£16,1302
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,0001
2023£265,000 £3,046 1
2022£253,200 £2,792 5
2021£310,000 £2,500 2
2020£215,000 £2,471 1
2019£180,495 £2,201 1
2018£180,249 £2,281 4
2017£213,037 £2,325 5
2016£208,282 £2,185 14
2015£178,500 £1,807 3
2011£123,498 £1,452 2
2010£173,000 £1,466 1
2009£160,000 £1,356 1
2007£198,900 £1,481 5
2006£133,119 £1,585 8
2005£215,000 £1,024 1
2004£197,000 £2,050 2
2003£168,317 £1,300 3
2002£115,265 £978 10
2001£91,300 £982 3
2000£65,0001
1999£68,2252
1998£54,000 £1,125 1
1997£59,0001
1995£30,000 £219 1

House Type in NE11 9QU area

The most common house types in the NE11 9QU postcode area are Semi-detached (44), Terraced (40), and Detached (12).

Total112
Semi-detached44
Terraced40
Detached12
Flat8
Shared house4
commercial building4
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (40), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright40
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency28
Social rented: Rents from council or Local Authority5
Social rented: Other social rented5
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE11 9QU have 2 people in household (48), and 1 person in household (36).

2 people in household48
1 person in household36
3 people in household19
4 people in household7
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0