Housing Market Analysis for FESTIVAL PARK DRIVE, NE11 9TU

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £102,664 median price is £78,225 Standard Deviation is £56,180 with Total Sold: 30
- The Last 5 Year average price is £191,009 with Total Sold: 5
- The most recent sale happened at this postcode is 35 FESTIVAL PARK DRIVE: £227,595 (Sold on 25 Nov 2020)
- The first recorded sale happened at this postcode is 1 FESTIVAL PARK DRIVE: £55,950 (Sold on 25 Aug 1995)
Detached
- The average price is around £73,592 median price is £76,225 Standard Deviation is £11,954 with Total Sold: 12
- The most recent sale happened at this postcode is 35 FESTIVAL PARK DRIVE: £77,500 (Sold on 26 Oct 2001)
- The first recorded sale happened at this postcode is 5 FESTIVAL PARK DRIVE: £49,950 (Sold on 16 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE11 9TU 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£200,899	£2,127	4
2019	£151,450	£2,567	1
2016	£138,000	£2,339	1
2015	£202,000	£1,694	1
2006	£139,500	£2,022	3
2004	£119,500		2
2003	£96,000	£1,655	1
2002	£80,833	£1,247	3
2001	£67,475	£971	2
2000	£60,000	£1,034	1
1997	£63,575	£896	2
1996	£50,690	£873	5
1995	£53,330	£684	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£82,250	£650	2
1999	£72,000	£604	1
1998	£85,000		1
1997	£73,093	£706	7
1995	£49,950	£724	1

All the Sales in the FESTIVAL PARK DRIVE, NE11 9TU

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

Address	Sold Date	Price	% Change
35 FESTIVAL PARK DRIVESemi-Detached, FreeholdArea: 119.26 Sq.mtrAge: 1996-2002	25 Nov 2020	£227,595	12.67%
	19 May 2015	£202,000	160.65%
	26 Oct 2001	£77,500	7.64%
	24 Sep 1999	£72,000	14.38%
	30 May 1997	£62,950	First Sale
31 FESTIVAL PARK DRIVESemi-Detached, Freehold	10 Jul 2020	£220,000	0.0
	10 Jul 2020	£220,000	57.14%
	27 Jan 2006	£140,000	22.81%
	04 May 2004	£114,000	58.44%
	19 Mar 2002	£71,950	41.22%
	06 Sep 1996	£50,950	First Sale
27 FESTIVAL PARK DRIVESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1991-1995	22 Jan 2020	£136,000	41.67%
	06 Jun 2003	£96,000	60.00%
	19 Jun 2000	£60,000	18.46%
	30 Aug 1996	£50,650	First Sale
7 FESTIVAL PARK DRIVESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1991-1995	16 Aug 2019	£151,450	9.75%
	05 Aug 2016	£138,000	First Sale
29 FESTIVAL PARK DRIVESemi-Detached, Leasehold	22 Jun 2006	£139,000	11.20%
	15 Oct 2004	£125,000	150.25%
	06 Dec 1996	£49,950	First Sale
5 FESTIVAL PARK DRIVESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1991-1995	07 Apr 2006	£139,500	62.12%
	01 Nov 2002	£86,050	28.43%
	29 Jun 2001	£67,000	28.23%
	14 Feb 1997	£52,250	4.60%
	16 Nov 1995	£49,950	First Sale
17 FESTIVAL PARK DRIVESemi-Detached, Leasehold	27 Sep 2002	£84,500	56.57%
17 FESTIVAL PARK DRIVESemi-Detached, Leasehold	28 Sep 1995	£53,970	First Sale
13 FESTIVAL PARK DRIVEDetached, Leasehold	15 Jun 2001	£87,000	16.08%
13 FESTIVAL PARK DRIVEDetached, Leasehold	21 Mar 1997	£74,950	First Sale
9 FESTIVAL PARK DRIVESemi-Detached, Freehold	15 Jun 2001	£67,950	13.34%
	11 Jul 1997	£59,950	15.40%
	27 Sep 1996	£51,950	First Sale
23 FESTIVAL PARK DRIVEDetached, Freehold	30 Oct 1998	£85,000	6.72%
23 FESTIVAL PARK DRIVEDetached, Freehold	31 Jan 1997	£79,650	First Sale
37 FESTIVAL PARK DRIVESemi-Detached, LeaseholdArea: 75 Sq.mtrAge: 1991-1995	12 Jun 1997	£67,200	First Sale
33 FESTIVAL PARK DRIVEDetached, Leasehold	15 May 1997	£79,950	First Sale
15 FESTIVAL PARK DRIVEDetached, Leasehold	30 Apr 1997	£86,950	First Sale
21 FESTIVAL PARK DRIVEDetached, LeaseholdArea: 90.1 Sq.mtrAge: 1983-1990	07 Feb 1997	£74,950	First Sale
25 FESTIVAL PARK DRIVESemi-Detached, Leasehold	03 May 1996	£49,950	First Sale
11 FESTIVAL PARK DRIVESemi-Detached, Leasehold	03 Nov 1995	£49,950	First Sale
19 FESTIVAL PARK DRIVESemi-Detached, LeaseholdArea: 59 Sq.mtrAge: 1991-1995	13 Oct 1995	£53,450	First Sale
1 FESTIVAL PARK DRIVESemi-Detached, LeaseholdArea: 121 Sq.mtrAge: 1996-2002	25 Aug 1995	£55,950	First Sale

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

FESTIVAL PARK DRIVE, NE11 9TU Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £101,736 median price is £92,300 Standard Deviation is £47,382 with Total Sold: 693
- The Last 5 Year average price is £158,020 with Total Sold: 89
- The most recent sale happened at this postcode is , 5 OAKFIELD ROAD: £194,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 3 PEACOCK COURT: £53,950 (Sold on 02 Feb 1995)
Other
- The average price is around £269,746 median price is £122,000 Standard Deviation is £386,761 with Total Sold: 39
- The Last 5 Year average price is £268,662 with Total Sold: 25
- The most recent sale happened at this postcode is , UNIT 9 VANCE BUSINESS PARK: £130,000 (Sold on 05 Jan 2024)
- The first recorded sale happened at this postcode is , UNIT 2 VANCE BUSINESS PARK: £56,250 (Sold on 15 Nov 2013)
Detached
- The average price is around £140,901 median price is £127,995 Standard Deviation is £66,750 with Total Sold: 431
- The Last 5 Year average price is £249,059 with Total Sold: 26
- The most recent sale happened at this postcode is , 3 COPPERS CLOSE: £249,000 (Sold on 21 Dec 2023)
- The first recorded sale happened at this postcode is , 8 PEACOCK COURT: £73,750 (Sold on 06 Jan 1995)
Terraced
- The average price is around £99,431 median price is £104,000 Standard Deviation is £37,152 with Total Sold: 76
- The Last 5 Year average price is £126,233 with Total Sold: 15
- The most recent sale happened at this postcode is , 100 COTSWOLD GARDENS: £155,000 (Sold on 31 Aug 2023)
- The first recorded sale happened at this postcode is , 59 CAMBERWELL CLOSE: £66,950 (Sold on 02 Oct 1995)
Flat
- The average price is around £59,002 median price is £64,500 Standard Deviation is £27,479 with Total Sold: 23
- The Last 5 Year average price is £75,250 with Total Sold: 4
- The most recent sale happened at this postcode is , 93 COTSWOLD GARDENS: £82,500 (Sold on 08 Oct 2021)
- The first recorded sale happened at this postcode is , 91 COTSWOLD GARDENS: £15,650 (Sold on 13 Oct 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,500	£2,672	6
2023	£163,704	£2,367	12
2022	£175,279	£2,383	15
2021	£144,125	£1,939	12
2020	£154,300	£1,783	21
2019	£153,796	£2,136	23
2018	£143,610	£1,872	20
2017	£135,903	£1,845	16
2016	£131,510	£1,930	23
2015	£133,762	£1,765	21
2014	£126,033	£1,554	18
2013	£123,163	£1,656	15
2012	£119,169	£1,522	14
2011	£124,311	£1,682	17
2010	£121,493	£1,711	14
2009	£110,545	£1,434	14
2008	£109,692	£1,460	13
2007	£137,508	£2,110	25
2006	£137,421	£1,987	28
2005	£123,646	£1,632	23
2004	£125,208	£1,770	31
2003	£91,770	£1,247	29
2002	£70,946	£888	37
2001	£59,577	£885	47
2000	£59,081	£848	58
1999	£54,416	£704	22
1998	£50,325	£611	22
1997	£55,517	£721	18
1996	£53,004	£741	40
1995	£52,280	£707	39

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£130,000		1
2023	£142,629	£2,212	7
2022	£500,000		1
2021	£284,896	£88	13
2020	£22,250	£55	2
2019	£1,340,000		1
2018	£116,433	£1,667	3
2017	£333,846	£1,658	5
2016	£410,783	£927	3
2015	£410,000		1
2014	£86,400		1
2013	£56,250		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£243,750	£2,733	4
2022	£309,167	£3,153	3
2021	£256,400	£2,539	5
2020	£231,004	£2,293	6
2019	£238,125	£2,053	8
2018	£215,780	£2,254	10
2017	£209,571	£2,096	7
2016	£212,525	£2,122	6
2015	£216,264	£2,065	11
2014	£222,975		2
2013	£197,994	£2,020	8
2012	£186,667	£1,911	3
2011	£215,746	£1,979	12
2010	£207,500	£1,932	3
2009	£192,370	£2,068	12
2008	£181,000	£2,040	5
2007	£210,585	£2,051	17
2006	£203,204	£1,933	14
2005	£181,086	£2,199	11
2004	£193,000	£1,938	15
2003	£157,850	£1,510	24
2002	£120,270	£1,241	20
2001	£114,416	£1,054	61
2000	£105,164	£950	50
1999	£79,893	£766	14
1998	£72,377	£764	15
1997	£78,794	£729	25
1996	£68,065	£809	26
1995	£66,840	£773	34

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£166,000	£1,952	2
2022	£114,900	£1,429	5
2021	£131,750	£1,555	4
2020	£116,000	£1,381	1
2019	£114,666	£1,521	3
2018	£119,833	£1,488	6
2017	£85,357	£1,119	7
2016	£100,000	£1,430	4
2015	£98,600	£1,160	3
2014	£92,700	£1,134	5
2013	£122,000	£1,641	3
2010	£103,000		1
2009	£120,000		1
2008	£171,000		1
2007	£118,300	£1,421	3
2006	£110,000	£1,074	5
2005	£125,000	£1,603	1
2004	£93,206	£1,061	8
2003	£67,000	£779	1
2002	£71,483	£622	3
2001	£50,000	£610	1
2000	£37,000		1
1999	£63,500		1
1998	£12,265	£164	2
1996	£42,833	£355	3
1995	£66,950		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£78,833	£1,004	3
2019	£64,500	£682	1
2017	£71,500	£903	2
2016	£59,500	£717	1
2013	£63,000	£926	1
2009	£92,000	£1,071	1
2008	£72,125	£1,055	4
2007	£97,500	£1,031	1
2006	£70,000	£740	1
2004	£53,500		2
2000	£17,225	£246	2
1997	£15,500	£201	1
1996	£34,975	£238	2
1995	£15,650	£165	1

House Type in NE11 9TU area

The most common house types in the NE11 9TU postcode area are Detached (90), Semi-detached (54), and Terraced (0).

Total	144
Detached	90
Semi-detached	54
Terraced	0
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (74), and Owned: Owns outright (58).

Owned: Owns with a mortgage or loan	74
Owned: Owns outright	58
Private rented: Private landlord or letting agency	8
Private rented: Other private rented	3
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE11 9TU have 2 people in household (60), and 3 people in household (34).

2 people in household	60
3 people in household	34
1 person in household	23
4 people in household	22
5 people in household	3
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0