Housing Market Analysis for RICHARDSON TERRACE, NE17 7LA

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £49,075 median price is £43,725 Standard Deviation is £24,390 with Total Sold: 6
    • The Last 5 Year average price is £70,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 RICHARDSON TERRACE: £70,000 (Sold on 02 Jul 2021)
    • The first recorded sale happened at this postcode is 2 RICHARDSON TERRACE: £19,000 (Sold on 30 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE17 7LA 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
2021£70,000 £1,029 1
2017£54,500 £708 1
2014£88,500 £1,111 1
2002£32,950 £357 1
1999£29,5001
1997£19,000 £224 1

All the Sales in the RICHARDSON TERRACE, NE17 7LA

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

AddressSold DatePrice% Change
7 RICHARDSON TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: 1900-192902 Jul 2021£70,000First Sale
3 RICHARDSON TERRACETerraced, FreeholdArea: 77 Sq.mtrAge: 1900-192925 Aug 2017£54,500First Sale
4 RICHARDSON TERRACETerraced, FreeholdArea: 79.63 Sq.mtrAge: before 190011 Jul 2014£88,500First Sale
6 RICHARDSON TERRACETerraced, FreeholdArea: 92.22 Sq.mtrAge: 1900-192923 Aug 2002£32,950First Sale
12 RICHARDSON TERRACETerraced, Freehold17 Sep 1999£29,500First Sale
2 RICHARDSON TERRACETerraced, FreeholdArea: 85 Sq.mtrAge: 1900-192930 May 1997£19,000First Sale

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

RICHARDSON TERRACE, NE17 7LA Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £52,320 median price is £50,000 Standard Deviation is £32,866 with Total Sold: 777
    • The Last 5 Year average price is £66,062 with Total Sold: 109
    • 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 £96,030 median price is £97,500 Standard Deviation is £46,867 with Total Sold: 28
    • The Last 5 Year average price is £116,250 with Total Sold: 2
    • The most recent sale happened at this postcode is , 39 MOORLAND VIEW: £90,000 (Sold on 19 May 2023)
    • 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 £45,935 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 £173,216 median price is £185,000 Standard Deviation is £72,683 with Total Sold: 32
    • 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£64,688 £779 24
2022£72,059 £911 28
2021£63,996 £823 24
2020£63,462 £774 13
2019£65,712 £795 13
2018£62,605 £843 20
2017£62,235 £771 17
2016£71,227 £848 22
2015£57,786 £707 21
2014£77,265 £789 17
2013£60,049 £698 27
2012£65,353 £754 17
2011£46,035 £686 14
2010£60,746 £657 14
2009£63,900 £747 10
2008£91,702 £1,079 22
2007£77,798 £989 46
2006£71,670 £947 44
2005£71,645 £904 46
2004£55,538 £726 50
2003£36,626 £454 50
2002£26,049 £301 44
2001£24,210 £247 31
2000£18,768 £247 28
1999£24,615 £284 30
1998£25,338 £259 24
1997£20,782 £249 25
1996£24,960 £256 29
1995£25,795 £288 20
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
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
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£84,667 £1,226 3
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
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
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
1998£101,475 £492 2
1996£45,0001

House Type in NE17 7LA area

The most common house types in the NE17 7LA postcode area are Terraced (116), Detached (13), and Semi-detached (2).

Total132
Terraced116
Detached13
Semi-detached2
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 (48), and Private rented: Private landlord or letting agency (41).

Owned: Owns outright48
Private rented: Private landlord or letting agency41
Owned: Owns with a mortgage or loan31
Private rented: Other private rented5
Social rented: Rents from council or Local Authority4
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE17 7LA have 1 person in household (56), and 2 people in household (45).

1 person in household56
2 people in household45
3 people in household15
4 people in household9
5 people in household3
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0