Housing Market Analysis for MILL ROAD, NE17 7JU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £245,000 median price is £245,000 Standard Deviation is £15,000 with Total Sold: 2
    • The most recent sale happened at this postcode is MILL COTTAGE MILL ROAD: £230,000 (Sold on 07 Dec 2018)
    • The first recorded sale happened at this postcode is GLENDENE MILL ROAD: £260,000 (Sold on 27 Oct 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE17 7JU 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£230,000 £1,271 1
2006£260,0001

All the Sales in the MILL ROAD, NE17 7JU

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

AddressSold DatePrice% Change
MILL COTTAGE MILL ROADDetached, FreeholdArea: 181 Sq.mtrAge: before 190007 Dec 2018£230,000First Sale
GLENDENE MILL ROADDetached, Freehold27 Oct 2006£260,000First Sale

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

MILL ROAD, NE17 7JU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £54,506 median price is £53,000 Standard Deviation is £31,665 with Total Sold: 571
    • The Last 5 Year average price is £75,006 with Total Sold: 100
    • 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 £59,979 median price is £46,500 Standard Deviation is £54,928 with Total Sold: 12
    • The Last 5 Year average price is £64,238 with Total Sold: 9
    • The most recent sale happened at this postcode is , 50 VALLEY DENE: £7,840 (Sold on 08 Aug 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 £98,804 median price is £100,000 Standard Deviation is £42,373 with Total Sold: 34
    • The Last 5 Year average price is £123,749 with Total Sold: 10
    • 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 , GLENHAVEN MILL ROAD: £50,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £168,472 median price is £165,995 Standard Deviation is £76,752 with Total Sold: 35
    • The Last 5 Year average price is £205,897 with Total Sold: 10
    • The most recent sale happened at this postcode is , CONQUISTA MILL ROAD: £220,000 (Sold on 20 Nov 2023)
    • The first recorded sale happened at this postcode is , 23 VALLEY DENE: £26,600 (Sold on 19 Feb 1996)
  • Flat
    • The average price is around £44,361 median price is £43,500 Standard Deviation is £30,587 with Total Sold: 30
    • 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)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£68,550 £789 7
2023£77,905 £943 21
2022£87,668 £1,108 20
2021£72,476 £889 25
2020£64,417 £802 12
2019£69,763 £861 15
2018£73,146 £919 13
2017£65,278 £821 18
2016£66,767 £880 15
2015£61,691 £722 16
2014£74,559 £892 11
2013£67,541 £796 19
2012£62,094 £771 16
2011£48,590 £698 11
2010£58,306 £765 8
2009£72,746 £917 12
2008£78,104 £1,064 14
2007£77,523 £1,026 30
2006£70,309 £1,016 29
2005£77,494 £1,000 27
2004£59,207 £750 33
2003£40,122 £496 32
2002£27,770 £317 38
2001£20,742 £249 19
2000£19,958 £256 24
1999£21,853 £298 17
1998£23,051 £269 17
1997£17,515 £224 17
1996£19,839 £258 19
1995£23,900 £298 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£7,8401
2022£107,667 £495 3
2021£55,900 £852 2
2019£45,167 £397 3
2017£47,2023
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,000 £1,529 1
2023£90,000 £1,000 1
2022£120,000 £1,538 1
2021£141,498 £1,767 4
2020£110,500 £1,253 3
2018£150,000 £1,204 1
2017£105,000 £1,221 1
2015£154,500 £1,240 1
2013£87,475 £1,023 2
2012£95,000 £1,056 1
2011£105,000 £961 1
2010£124,000 £1,208 1
2009£128,500 £1,294 2
2007£60,0001
2006£101,833 £923 3
2005£96,188 £596 2
2004£93,000 £1,260 2
2003£46,500 £655 1
2002£18,504 £338 2
1998£45,0001
1997£34,0001
1995£50,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£220,0001
2022£187,996 £2,214 5
2021£159,495 £2,127 2
2020£290,000 £1,355 2
2018£217,500 £1,145 2
2017£203,750 £1,226 2
2016£195,000 £1,188 3
2015£43,000 £729 1
2012£116,000 £879 1
2011£161,000 £1,058 2
2010£75,500 £942 2
2008£145,000 £1,136 2
2007£245,0001
2006£260,0001
2005£249,500 £1,178 1
2004£207,500 £1,403 2
2001£44,0001
1998£101,475 £492 2
1996£35,800 £436 2
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£65,000 £1,016 1
2009£65,0001
2007£71,000 £1,193 3
2006£52,900 £805 5
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 in NE17 7JU area

The most common house types in the NE17 7JU postcode area are Terraced (80), Semi-detached (44), and Detached (6).

Total131
Terraced80
Semi-detached44
Detached6
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (23).

Owned: Owns outright63
Owned: Owns with a mortgage or loan23
Private rented: Private landlord or letting agency22
Social rented: Rents from council or Local Authority13
Private rented: Other private rented9
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE17 7JU have 2 people in household (49), and 1 person in household (45).

2 people in household49
1 person in household45
4 people in household16
3 people in household15
5 people in household3
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0