Housing Market Analysis for FORGE CLOSE, NE17 7LJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £150,500 median price is £148,000 Standard Deviation is £71,259 with Total Sold: 7
    • The Last 5 Year average price is £275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 FORGE CLOSE: £275,000 (Sold on 07 Jul 2022)
    • The first recorded sale happened at this postcode is 7 FORGE CLOSE: £55,500 (Sold on 22 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE17 7LJ 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
2022£275,000 £3,957 1
2010£141,000 £2,029 1
2005£210,0001
2004£148,000 £1,574 1
2003£159,0001
2000£65,0001
1997£55,500 £590 1

All the Sales in the FORGE CLOSE, NE17 7LJ

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

AddressSold DatePrice% Change
1 FORGE CLOSEDetached, FreeholdArea: 69.5 Sq.mtrAge: 1983-199007 Jul 2022£275,00095.04%
28 Oct 2010£141,000First Sale
5 FORGE CLOSEDetached, Freehold21 Jul 2005£210,00032.08%
26 Sep 2003£159,000First Sale
7 FORGE CLOSEDetached, FreeholdArea: 94 Sq.mtrAge: 1983-199003 Jun 2004£148,000166.67%
22 Mar 1997£55,500First Sale
8 FORGE CLOSEDetached, Freehold24 Oct 2000£65,000First Sale

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

FORGE CLOSE, NE17 7LJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £170,996 median price is £169,000 Standard Deviation is £73,092 with Total Sold: 257
    • The Last 5 Year average price is £245,869 with Total Sold: 42
    • The most recent sale happened at this postcode is , 68 OAKWELL COURT: £216,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 6 RIVERSDALE CLOSE: £73,000 (Sold on 04 Aug 1995)
  • Semi-Detached
    • The average price is around £109,076 median price is £115,000 Standard Deviation is £48,398 with Total Sold: 182
    • The Last 5 Year average price is £126,166 with Total Sold: 33
    • The most recent sale happened at this postcode is , 5 RIVER VIEW: £125,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , GLENHAVEN MILL ROAD: £50,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £668,568 median price is £130,000 Standard Deviation is £742,586 with Total Sold: 5
    • The Last 5 Year average price is £77,613 with Total Sold: 3
    • 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 , VIKING WORKS : £1,300,000 (Sold on 22 Jun 2016)
  • Flat
    • The average price is around £89,610 median price is £93,000 Standard Deviation is £26,279 with Total Sold: 49
    • The Last 5 Year average price is £82,458 with Total Sold: 12
    • The most recent sale happened at this postcode is , 35 COLTPARK WOODS: £84,000 (Sold on 14 Dec 2023)
    • The first recorded sale happened at this postcode is , 4 DERWENT VALLEY VILLAS: £28,000 (Sold on 27 Nov 2000)
  • Terraced
    • The average price is around £72,339 median price is £68,500 Standard Deviation is £39,295 with Total Sold: 221
    • The Last 5 Year average price is £102,240 with Total Sold: 29
    • The most recent sale happened at this postcode is , 29 RIVER VIEW: £118,000 (Sold on 24 Oct 2023)
    • The first recorded sale happened at this postcode is , 23 PEARTREE BUNGALOWS: £20,000 (Sold on 16 Jan 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£239,5003
2023£234,143 £2,020 7
2022£356,917 £3,518 6
2021£253,875 £2,189 12
2020£202,667 £1,858 3
2019£197,545 £1,887 11
2018£192,500 £1,933 7
2017£219,444 £1,901 9
2016£171,400 £2,105 5
2015£174,875 £1,582 8
2014£187,778 £1,727 9
2013£193,000 £1,676 4
2012£152,500 £1,323 2
2011£191,071 £1,665 7
2010£141,000 £2,029 1
2009£196,711 £1,678 9
2008£257,250 £1,632 6
2007£200,269 £2,004 13
2006£217,900 £2,159 10
2005£188,125 £1,743 12
2004£179,677 £1,813 11
2003£143,328 £1,443 15
2002£117,173 £1,087 63
2001£82,698 £885 10
2000£79,125 £1,071 4
1999£111,000 £817 2
1998£76,8003
1997£57,725 £590 2
1996£79,000 £775 1
1995£71,500 £701 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£149,9055
2023£115,000 £2,087 3
2022£131,700 £1,781 10
2021£116,000 £1,737 9
2020£107,500 £1,356 2
2019£123,238 £1,601 4
2018£102,071 £1,349 7
2017£108,806 £1,725 9
2016£93,500 £1,178 6
2015£137,200 £1,776 5
2014£130,000 £1,932 3
2013£97,500 £1,630 6
2012£130,667 £1,833 3
2011£125,000 £2,083 1
2010£126,625 £1,752 4
2009£162,324 £1,763 9
2008£174,000 £1,787 3
2007£152,882 £2,006 17
2006£151,175 £1,911 8
2005£126,650 £2,211 3
2004£98,445 £1,628 10
2003£89,287 £1,295 12
2002£71,096 £1,011 25
2001£63,196 £1,043 5
2000£27,000 £386 1
1999£20,833 £407 3
1998£33,405 £1,154 3
1997£32,0002
1996£34,950 £141 2
1995£52,500 £462 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£7,8401
2020£130,0001
2019£95,000 £931 1
2018£1,810,0001
2016£1,300,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£81,250 £1,200 4
2022£90,750 £1,315 2
2021£80,500 £1,269 4
2020£80,500 £1,100 2
2018£83,000 £1,203 1
2017£107,500 £1,149 1
2016£93,000 £1,348 1
2015£86,5001
2013£81,500 £1,181 2
2012£67,500 £614 2
2009£98,042 £1,427 9
2008£111,600 £1,535 5
2007£142,500 £2,109 2
2006£104,500 £1,319 2
2005£59,000 £1,852 2
2004£100,500 £1,445 6
2003£32,000 £800 1
2001£18,000 £316 1
2000£28,000 £848 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£108,667 £1,474 6
2022£113,533 £1,462 6
2021£121,150 £1,313 7
2020£80,125 £1,086 4
2019£77,200 £1,051 6
2018£71,167 £921 6
2017£97,638 £1,244 8
2016£76,783 £1,082 6
2015£101,390 £1,111 5
2014£78,909 £1,024 11
2013£88,894 £989 8
2012£75,000 £984 2
2011£67,749 £930 4
2010£103,417 £971 6
2009£122,544 £1,188 9
2008£98,143 £1,504 7
2007£116,931 £1,450 8
2006£86,325 £1,244 6
2005£87,000 £1,299 6
2004£86,827 £1,090 11
2003£63,035 £764 13
2002£40,936 £496 14
2001£39,942 £466 13
2000£36,562 £406 8
1999£29,554 £381 13
1998£35,963 £352 9
1997£30,889 £427 9
1996£29,825 £386 6
1995£34,000 £487 4

House Type in NE17 7LJ area

The most common house types in the NE17 7LJ postcode area are Terraced (54), Detached (37), and Semi-detached (26).

Total129
Terraced54
Detached37
Semi-detached26
Flat10
converted building2
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (51), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright51
Owned: Owns with a mortgage or loan27
Social rented: Rents from council or Local Authority24
Private rented: Private landlord or letting agency17
Shared ownership: Shared ownership6
Private rented: Other private rented3
Social rented: Other social rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE17 7LJ have 2 people in household (49), and 1 person in household (47).

2 people in household49
1 person in household47
3 people in household16
4 people in household8
5 people in household5
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0