Housing Market Analysis for BALFOUR TERRACE, NE17 7JE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £56,222 median price is £53,000 Standard Deviation is £25,862 with Total Sold: 9
    • The Last 5 Year average price is £37,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 BALFOUR TERRACE: £80,000 (Sold on 03 Jul 2014)
    • The first recorded sale happened at this postcode is 8 BALFOUR TERRACE: £37,000 (Sold on 14 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE17 7JE 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
2014£80,000 £825 1
2007£83,500 £898 2
2005£83,5001
2003£48,7502
1995£20,500 £223 2
2024£37,0001

All the Sales in the BALFOUR TERRACE, NE17 7JE

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

AddressSold DatePrice% Change
6 BALFOUR TERRACETerraced, FreeholdArea: 97 Sq.mtrAge: 1900-192903 Jul 2014£80,000First Sale
8 BALFOUR TERRACETerraced, FreeholdArea: 93 Sq.mtrAge: 1930-194911 Jul 2007£87,0008.75%
19 Jan 2007£80,000180.70%
18 Aug 1995£28,500-22.97%
14 Aug 2024£37,000First Sale
3 BALFOUR TERRACETerraced, Freehold14 Jul 2005£83,50057.55%
09 Dec 2003£53,00019.10%
28 May 2003£44,500First Sale
4 BALFOUR TERRACETerraced, FreeholdArea: 90.18 Sq.mtrAge: 1900-192916 Jun 1995£12,500First Sale

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

BALFOUR TERRACE, NE17 7JE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £51,326 median price is £50,000 Standard Deviation is £32,034 with Total Sold: 871
    • The Last 5 Year average price is £65,298 with Total Sold: 119
    • The most recent sale happened at this postcode is APARTMENT B, 68 DERWENT STREET: £94,500 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 DISRAELI TERRACE: £28,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £79,048 median price is £62,578 Standard Deviation is £49,469 with Total Sold: 18
    • The Last 5 Year average price is £79,788 with Total Sold: 13
    • 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 , 21 DERWENT STREET: £32,500 (Sold on 30 Jun 2017)
  • Semi-Detached
    • The average price is around £97,380 median price is £105,000 Standard Deviation is £45,021 with Total Sold: 31
    • The Last 5 Year average price is £120,833 with Total Sold: 3
    • The most recent sale happened at this postcode is , 19 PEAR TREE TERRACE: £130,000 (Sold on 12 Jan 2024)
    • The first recorded sale happened at this postcode is , 9 HALL ROAD: £41,000 (Sold on 10 Oct 1997)
  • Flat
    • The average price is around £45,725 median price is £46,250 Standard Deviation is £28,495 with Total Sold: 36
    • The Last 5 Year average price is £60,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 42A DERWENT STREET: £60,000 (Sold on 10 Mar 2023)
    • The first recorded sale happened at this postcode is , 3 WILLIAM STREET: £14,500 (Sold on 22 May 1998)
  • Detached
    • The average price is around £169,361 median price is £185,000 Standard Deviation is £74,822 with Total Sold: 33
    • The Last 5 Year average price is £242,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , 16 RAMSAY ROAD: £210,000 (Sold on 03 Mar 2023)
    • The first recorded sale happened at this postcode is , 72 DERWENT STREET: £45,000 (Sold on 01 Mar 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£59,350 £789 7
2023£64,767 £770 29
2022£71,057 £912 29
2021£63,535 £847 26
2020£61,786 £768 14
2019£64,232 £780 14
2018£64,077 £831 22
2017£62,000 £774 19
2016£68,040 £830 25
2015£52,369 £661 27
2014£69,688 £738 20
2013£59,637 £688 28
2012£61,143 £698 21
2011£46,833 £693 15
2010£58,850 £651 17
2009£63,900 £747 10
2008£86,873 £1,106 28
2007£74,810 £980 57
2006£70,957 £939 47
2005£69,811 £908 52
2004£54,887 £731 54
2003£34,928 £452 58
2002£25,446 £297 49
2001£22,723 £236 35
2000£19,103 £251 29
1999£23,950 £276 31
1998£24,825 £261 28
1997£20,444 £243 26
1996£24,769 £257 31
1995£24,239 £275 23
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£95,0001
2022£94,990 £657 5
2021£80,600 £852 3
2020£90,0001
2019£45,167 £397 3
2018£122,0052
2017£47,2023
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,000 £1,529 1
2023£90,000 £1,000 1
2020£142,500 £1,484 1
2018£150,000 £1,204 1
2017£75,000 £1,154 1
2015£154,500 £1,240 1
2013£89,950 £1,058 1
2011£105,000 £961 1
2010£142,000 £1,208 2
2009£134,000 £1,457 5
2007£60,0001
2006£101,833 £923 3
2005£96,188 £596 2
2004£91,000 £1,260 4
2003£37,500 £655 2
2002£29,986 £338 3
1997£41,000 £631 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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£51,333 £807 6
2005£37,750 £712 1
2004£55,000 £743 2
2003£88,250 £154 2
2002£13,683 £225 2
2001£12,000 £123 2
1999£9,112 £227 2
1998£17,250 £200 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£210,000 £3,043 1
2022£285,0001
2020£290,000 £1,355 2
2019£135,000 £1,957 1
2018£217,500 £1,145 2
2017£203,750 £1,226 2
2016£195,000 £1,188 3
2012£116,000 £879 1
2011£161,000 £1,058 2
2010£145,500 £1,708 2
2008£138,000 £1,323 3
2007£245,0001
2006£260,0001
2005£249,500 £1,178 1
2004£207,500 £1,403 2
2002£101,975 £1,266 2
2001£70,500 £1,406 2
1999£46,0001
1998£101,475 £492 2
1996£45,0001

House Type in NE17 7JE area

The most common house types in the NE17 7JE 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 7JE 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