Housing Market Analysis for DERWENT STREET, NE17 7HU

Are you looking to understand NE17 7HU 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 NE17 7HU area, explore the NE17 7HU Area information page.
For comprehensive crime statistics in the NE17 7HU area, explore the NE17 7HU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE17 7HU postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £56,000 median price is £60,000 Standard Deviation is £13,367 with Total Sold: 3
    • The most recent sale happened at this postcode is 21 DERWENT STREET: £70,000 (Sold on 24 Oct 2018)
    • The first recorded sale happened at this postcode is 15 DERWENT STREET: £60,000 (Sold on 19 Sep 2003)
  • Other
    • The average price is around £39,125 median price is £39,125 Standard Deviation is £6,625 with Total Sold: 2
    • The most recent sale happened at this postcode is 21 DERWENT STREET: £45,750 (Sold on 25 Aug 2017)
    • The first recorded sale happened at this postcode is 21 DERWENT STREET: £32,500 (Sold on 30 Jun 2017)
  • Flat
    • The average price is around £52,500 median price is £52,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 17B DERWENT STREET: £52,500 (Sold on 20 Jul 2006)
    • The first recorded sale happened at this postcode is 17B DERWENT STREET: £52,500 (Sold on 20 Jul 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE17 7HU 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£70,0001
2005£38,0001
2003£60,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£39,1252
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£52,500 £565 1

All the Sales in the DERWENT STREET, NE17 7HU

See the table below for more details on the sold house prices in the NE17 7HU, Gateshead postcode.

AddressSold DatePrice% Change
21 DERWENT STREETTerraced, Freehold24 Oct 2018£70,00053.01%
25 Aug 2017£45,75040.77%
30 Jun 2017£32,500First Sale
17B DERWENT STREETFlat, LeaseholdArea: 93 Sq.mtrAge: 1900-192920 Jul 2006£52,500First Sale
17 DERWENT STREETTerraced, Freehold09 Feb 2005£38,000First Sale
15 DERWENT STREETTerraced, Freehold19 Sep 2003£60,000First Sale

Check out the sold house prices near the NE17 7HU postcode. Properties currently for saleProperties currently for rent

DERWENT STREET, NE17 7HU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE17 7HU 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 NE17 7HU postcode.

  • Semi-Detached
    • The average price is around £130,429 median price is £124,500 Standard Deviation is £70,522 with Total Sold: 44
    • The Last 5 Year average price is £136,300 with Total Sold: 5
    • The most recent sale happened at this postcode is , 5 WEST FARM DRIVE: £165,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 9 HALL ROAD: £41,000 (Sold on 10 Oct 1997)
  • Terraced
    • The average price is around £47,299 median price is £45,000 Standard Deviation is £29,180 with Total Sold: 1,397
    • The Last 5 Year average price is £59,904 with Total Sold: 181
    • The most recent sale happened at this postcode is , 42 FORTH STREET: £54,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 DISRAELI TERRACE: £28,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £178,619 median price is £175,000 Standard Deviation is £50,370 with Total Sold: 121
    • The Last 5 Year average price is £203,719 with Total Sold: 16
    • The most recent sale happened at this postcode is , 35 WEST MEADOWS: £240,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 72 DERWENT STREET: £45,000 (Sold on 01 Mar 1996)
  • Flat
    • The average price is around £41,640 median price is £45,750 Standard Deviation is £21,543 with Total Sold: 40
    • The Last 5 Year average price is £55,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 57 FORTH STREET: £50,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 3 WILLIAM STREET: £14,500 (Sold on 22 May 1998)
  • Other
    • The average price is around £83,494 median price is £63,357 Standard Deviation is £52,730 with Total Sold: 21
    • The Last 5 Year average price is £88,517 with Total Sold: 15
    • The most recent sale happened at this postcode is , CHOPWELL HOTEL DERWENT STREET: £95,000 (Sold on 14 Mar 2024)
    • The first recorded sale happened at this postcode is , 9 WEST FARM DRIVE: £40,000 (Sold on 22 Aug 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,0001
2021£70,000 £805 2
2020£142,500 £1,484 1
2019£234,0001
2018£137,500 £1,304 2
2017£75,000 £1,154 1
2015£114,250 £1,045 2
2014£176,998 £1,110 2
2012£87,000 £985 2
2010£157,250 £1,259 4
2009£134,000 £1,457 5
2007£231,750 £1,253 4
2006£183,100 £1,218 5
2005£126,500 £1,069 2
2004£83,488 £1,161 4
2003£37,500 £655 2
2002£38,475 £338 2
2000£29,500 £234 1
1997£41,000 £631 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£57,930 £587 15
2023£60,639 £754 46
2022£62,366 £835 38
2021£59,723 £789 48
2020£58,324 £742 17
2019£56,250 £717 17
2018£59,748 £775 29
2017£57,872 £710 32
2016£66,611 £779 36
2015£46,345 £619 39
2014£56,619 £628 37
2013£54,070 £641 37
2012£52,472 £616 36
2011£42,989 £627 27
2010£51,567 £594 29
2009£61,731 £759 13
2008£82,682 £1,001 45
2007£71,543 £938 101
2006£65,128 £864 77
2005£64,464 £844 86
2004£52,949 £705 94
2003£31,764 £421 101
2002£22,468 £275 85
2001£19,999 £221 55
2000£17,717 £231 50
1999£21,527 £253 49
1998£21,590 £235 44
1997£20,194 £243 36
1996£22,735 £243 41
1995£20,272 £244 37
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£217,5002
2023£210,625 £1,998 4
2022£210,667 £2,774 3
2021£215,000 £1,893 4
2020£177,500 £1,427 2
2019£135,000 £1,957 1
2018£217,500 £1,145 2
2017£177,125 £1,590 4
2016£189,389 £1,430 9
2015£180,983 £1,475 3
2014£137,000 £1,154 4
2013£205,000 £1,737 1
2012£142,667 £1,118 3
2011£160,400 £1,387 5
2010£145,500 £1,708 2
2008£138,000 £1,323 3
2007£230,562 £2,362 8
2006£192,502 £1,905 20
2005£192,360 £1,827 25
2004£220,0001
2003£234,5002
2002£107,983 £976 3
2001£83,667 £1,406 3
2000£85,000 £403 1
1999£90,317 £735 3
1998£64,950 £492 1
1996£43,0002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£50,0001
2023£60,000 £833 1
2017£68,5001
2015£31,667 £526 3
2013£36,417 £561 3
2010£70,000 £879 2
2009£65,0001
2008£49,000 £925 1
2007£64,600 £785 5
2006£51,286 £783 7
2005£37,750 £712 1
2004£52,667 £695 3
2003£20,500 £154 1
2002£13,683 £225 2
2001£12,667 £144 3
1999£10,242 £192 3
1998£17,250 £200 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£95,0001
2023£192,500 £758 1
2022£94,990 £657 5
2021£80,600 £852 3
2020£90,0001
2019£58,375 £465 4
2018£122,0052
2017£47,2023
2014£40,0001

House Type in NE17 7HU area

The most common house types in the NE17 7HU postcode area are Terraced (84), Flat (12), and Detached (5).

Total114
Terraced84
Flat12
Detached5
Shared house5
Semi-detached3
commercial building3
converted building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (42), and Private rented: Private landlord or letting agency (34).

Owned: Owns outright42
Private rented: Private landlord or letting agency34
Owned: Owns with a mortgage or loan33
Private rented: Other private rented5
Social rented: Other social rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE17 7HU have 1 person in household (46), and 2 people in household (46).

1 person in household46
2 people in household46
3 people in household15
4 people in household5
7 people in household1
0 people in household0
5 people in household0
6 people in household0
8 or more people in household0