Housing Market Analysis for BALFOUR TERRACE, NE17 7JW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £57,745 median price is £53,750 Standard Deviation is £22,719 with Total Sold: 10
    • The Last 5 Year average price is £70,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 14 BALFOUR TERRACE: £66,000 (Sold on 09 Apr 2020)
    • The first recorded sale happened at this postcode is 18 BALFOUR TERRACE: £75,000 (Sold on 16 Jan 2024)
  • Semi-Detached
    • The average price is around £151,500 median price is £150,000 Standard Deviation is £2,121 with Total Sold: 3
    • The most recent sale happened at this postcode is 21 BALFOUR TERRACE: £150,000 (Sold on 13 Apr 2018)
    • The first recorded sale happened at this postcode is 22 BALFOUR TERRACE: £150,000 (Sold on 02 Mar 2009)
  • Detached
    • The average price is around £140,000 median price is £140,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 BALFOUR TERRACE: £140,000 (Sold on 24 Jan 2008)
    • The first recorded sale happened at this postcode is 20 BALFOUR TERRACE: £140,000 (Sold on 24 Jan 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average NE17 7JW 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
2020£66,000 £725 1
2007£93,000 £1,107 1
2006£89,000 £1,060 1
2004£72,000 £857 1
2002£39,817 £418 3
1999£28,000 £308 1
1997£35,000 £359 1
2024£75,000 £789 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£150,000 £1,204 1
2015£154,500 £1,240 1
2009£150,000 £1,294 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£140,0001

All the Sales in the BALFOUR TERRACE, NE17 7JW

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

AddressSold DatePrice% Change
14 BALFOUR TERRACETerraced, FreeholdArea: 91 Sq.mtrAge: 1930-194909 Apr 2020£66,00065.21%
19 Aug 2002£39,95042.68%
10 Dec 1999£28,000First Sale
21 BALFOUR TERRACESemi-Detached, FreeholdArea: 124.59 Sq.mtrAge: 1930-194913 Apr 2018£150,000-2.91%
18 Sep 2015£154,500First Sale
22 BALFOUR TERRACESemi-Detached, FreeholdArea: 115.92 Sq.mtrAge: 1930-194902 Mar 2009£150,000First Sale
20 BALFOUR TERRACEDetached, Freehold24 Jan 2008£140,000First Sale
15 BALFOUR TERRACETerraced, FreeholdArea: 84 Sq.mtrAge: 1900-192901 Jun 2007£93,0004.49%
14 Jul 2006£89,00023.61%
22 Jul 2004£72,000First Sale
17 BALFOUR TERRACETerraced, FreeholdArea: 97.6 Sq.mtrAge: 1900-192931 Oct 2002£41,5009.21%
10 Apr 2002£38,0008.57%
23 Oct 1997£35,000First Sale
18 BALFOUR TERRACETerraced, FreeholdArea: 95 Sq.mtrAge: 1900-192916 Jan 2024£75,000First Sale

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

BALFOUR TERRACE, NE17 7JW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £51,329 median price is £50,000 Standard Deviation is £29,955 with Total Sold: 640
    • The Last 5 Year average price is £70,300 with Total Sold: 101
    • 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 £99,190 median price is £95,000 Standard Deviation is £42,778 with Total Sold: 28
    • The Last 5 Year average price is £120,927 with Total Sold: 7
    • 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 , 68 VALLEY DENE: £45,000 (Sold on 23 Oct 1998)
  • Flat
    • The average price is around £45,935 median price is £52,500 Standard Deviation is £29,721 with Total Sold: 33
    • 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 £170,713 median price is £165,995 Standard Deviation is £75,402 with Total Sold: 33
    • The Last 5 Year average price is £204,330 with Total Sold: 9
    • The most recent sale happened at this postcode is , 124 VALLEY DENE: £165,995 (Sold on 30 Jun 2022)
    • The first recorded sale happened at this postcode is , 23 VALLEY DENE: £26,600 (Sold on 19 Feb 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£66,931 £789 8
2023£71,500 £836 21
2022£76,724 £966 23
2021£67,975 £872 24
2020£63,000 £745 11
2019£69,589 £839 14
2018£65,493 £840 15
2017£63,421 £798 19
2016£63,353 £841 17
2015£57,556 £695 18
2014£66,243 £816 15
2013£58,197 £695 22
2012£62,094 £771 16
2011£46,749 £678 14
2010£53,595 £725 10
2009£60,750 £693 8
2008£77,230 £1,064 15
2007£74,005 £983 39
2006£69,063 £977 32
2005£73,979 £938 32
2004£55,747 £733 46
2003£38,672 £475 37
2002£25,138 £302 41
2001£19,652 £250 20
2000£19,648 £254 27
1999£19,083 £263 18
1998£21,006 £244 18
1997£16,998 £216 20
1996£19,473 £254 22
1995£24,689 £288 18
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
2021£147,495 £2,007 2
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£150,000 £1,294 1
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
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
2007£64,600 £785 5
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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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
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 in NE17 7JW area

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