Housing Market Analysis for GOSFORTH TERRACE, NE3 1RT

Are you looking to understand NE3 1RT 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 Newcastle upon Tyne postcode.

For the location information and nearby amenities in the NE3 1RT area, explore the NE3 1RT Area information page.
For comprehensive crime statistics in the NE3 1RT area, explore the NE3 1RT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE3 1RT postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £229,301 median price is £249,995 Standard Deviation is £97,175 with Total Sold: 33
    • The Last 5 Year average price is £362,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 9 GOSFORTH TERRACE: £370,000 (Sold on 22 Oct 2020)
    • The first recorded sale happened at this postcode is 9 GOSFORTH TERRACE: £87,500 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £193,125 median price is £194,250 Standard Deviation is £77,127 with Total Sold: 4
    • The most recent sale happened at this postcode is 13 GOSFORTH TERRACE: £265,000 (Sold on 09 Jun 2006)
    • The first recorded sale happened at this postcode is 12 GOSFORTH TERRACE: £109,000 (Sold on 21 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE3 1RT 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£375,000 £2,913 2
2019£349,000 £2,487 2
2018£303,333 £2,087 3
2017£355,000 £2,029 1
2015£345,000 £2,907 1
2014£315,000 £2,024 2
2013£262,498 £2,069 2
2011£246,500 £2,553 2
2010£191,500 £1,614 1
2008£250,000 £1,572 1
2007£211,000 £1,730 1
2006£230,500 £2,327 2
2004£179,995 £2,752 1
2003£265,000 £1,667 1
2002£180,650 £1,727 3
2001£152,500 £871 1
1999£105,000 £745 1
1998£92,000 £680 1
1997£73,250 £640 2
1996£88,500 £645 2
1995£87,500 £621 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£265,000 £1,743 1
2003£275,0001
2000£123,500 £812 1
1995£109,0001

All the Sales in the GOSFORTH TERRACE, NE3 1RT

See the table below for more details on the sold house prices in the NE3 1RT, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
9 GOSFORTH TERRACETerraced, FreeholdArea: 141 Sq.mtrAge: before 190022 Oct 2020£370,000252.38%
21 Jan 1999£105,00020.00%
31 Mar 1995£87,500First Sale
19 GOSFORTH TERRACETerraced, FreeholdArea: 118.66 Sq.mtrAge: 1900-192906 Mar 2020£380,00010.14%
02 Oct 2015£345,00080.16%
11 Nov 2010£191,500First Sale
15 GOSFORTH TERRACETerraced, FreeholdArea: 126 Sq.mtrAge: before 190012 Dec 2019£355,00042.00%
18 Jan 2013£249,99522.58%
23 Oct 2002£203,95081.29%
22 Aug 1997£112,50025.00%
31 Jul 1996£90,000First Sale
16 GOSFORTH TERRACETerraced, FreeholdArea: 159 Sq.mtrAge: 1900-192927 Feb 2019£343,00037.20%
01 Aug 2008£250,000First Sale
13 GOSFORTH TERRACETerraced, FreeholdArea: 152 Sq.mtrAge: before 190015 Jun 2018£310,0005.08%
08 Aug 2014£295,00011.32%
09 Jun 2006£265,000114.57%
15 Aug 2000£123,500First Sale
11 GOSFORTH TERRACETerraced, FreeholdArea: 169 Sq.mtrAge: before 190024 Apr 2018£305,000First Sale
2 GOSFORTH TERRACETerraced, FreeholdArea: 122 Sq.mtrAge: before 190005 Jan 2018£295,00039.81%
01 Jun 2007£211,000First Sale
10 GOSFORTH TERRACETerraced, FreeholdArea: 175 Sq.mtrAge: before 190004 Oct 2017£355,000132.79%
29 Jun 2001£152,500First Sale
5 GOSFORTH TERRACETerraced, FreeholdArea: 159 Sq.mtrAge: 1900-192914 Oct 2014£335,00025.94%
07 Aug 2006£266,0000.38%
21 Aug 2003£265,000First Sale
7 GOSFORTH TERRACETerraced, FreeholdArea: 127.65 Sq.mtrAge: before 190005 Aug 2013£275,00050.27%
06 Aug 2002£183,000110.34%
31 Jul 1996£87,000First Sale
1 GOSFORTH TERRACETerraced, FreeholdArea: 65.4 Sq.mtrAge: before 190004 Nov 2011£185,000-5.13%
18 Jul 2006£195,0008.34%
17 Sep 2004£179,99516.13%
16 Sep 2002£155,000355.88%
30 May 1997£34,000First Sale
3 GOSFORTH TERRACETerraced, FreeholdArea: 135.2 Sq.mtrAge: before 190022 Jul 2011£308,000234.78%
26 Nov 1998£92,000First Sale
12 GOSFORTH TERRACEDetached, Freehold25 Sep 2003£275,000152.29%
21 Feb 1995£109,000First Sale

Check out the sold house prices near the NE3 1RT postcode. Properties currently for saleProperties currently for rent

GOSFORTH TERRACE, NE3 1RT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE3 1RT 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 NE3 1RT postcode.

  • Detached
    • The average price is around £310,717 median price is £269,000 Standard Deviation is £201,737 with Total Sold: 101
    • The Last 5 Year average price is £454,950 with Total Sold: 12
    • The most recent sale happened at this postcode is , 1 MILL RISE: £490,000 (Sold on 18 Sep 2024)
    • The first recorded sale happened at this postcode is , 12 GOSFORTH TERRACE: £109,000 (Sold on 21 Feb 1995)
  • Flat
    • The average price is around £129,974 median price is £124,000 Standard Deviation is £78,377 with Total Sold: 1,697
    • The Last 5 Year average price is £169,535 with Total Sold: 211
    • The most recent sale happened at this postcode is , 22 AUDLEY ROAD: £194,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 148 AUDLEY ROAD: £45,000 (Sold on 27 Feb 1995)
  • Semi-Detached
    • The average price is around £202,916 median price is £181,000 Standard Deviation is £127,659 with Total Sold: 762
    • The Last 5 Year average price is £320,270 with Total Sold: 117
    • The most recent sale happened at this postcode is , 6 RIDGEWOOD VILLAS: £242,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 141 CHESWICK DRIVE: £55,000 (Sold on 26 Jan 1995)
  • Other
    • The average price is around £244,934 median price is £177,000 Standard Deviation is £289,803 with Total Sold: 56
    • The Last 5 Year average price is £281,981 with Total Sold: 37
    • The most recent sale happened at this postcode is , 36 BOWSDEN TERRACE: £210,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is UNIT 2, GOSFORTH INDUSTRIAL ESTATE CHRISTON ROAD: £420,000 (Sold on 07 Aug 2014)
  • Terraced
    • The average price is around £215,383 median price is £191,500 Standard Deviation is £128,819 with Total Sold: 1,363
    • The Last 5 Year average price is £338,622 with Total Sold: 204
    • The most recent sale happened at this postcode is , 20 SALTERS CLOSE: £250,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 12 BEAUMONT TERRACE: £66,000 (Sold on 05 Jan 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£490,0001
2023£425,000 £2,931 1
2022£117,000 £1,918 1
2021£343,333 £2,770 3
2020£573,750 £3,443 2
2019£562,475 £2,751 4
2017£323,125 £2,305 4
2016£240,875 £1,891 4
2015£430,000 £3,172 4
2014£426,667 £2,810 3
2013£290,000 £2,115 2
2012£270,0001
2010£227,475 £3,088 2
2009£620,000 £2,739 4
2008£452,0003
2007£409,500 £2,853 7
2006£341,090 £2,026 8
2005£398,750 £3,194 4
2004£310,181 £2,612 8
2003£246,500 £1,986 6
2002£170,083 £1,208 3
2001£164,988 £1,094 4
2000£154,750 £888 2
1999£35,000 £697 1
1998£150,242 £925 6
1997£170,500 £921 4
1996£132,312 £1,220 4
1995£149,590 £838 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,400 £2,612 15
2023£166,173 £2,567 38
2022£176,140 £2,482 41
2021£165,130 £2,246 49
2020£168,533 £2,428 26
2019£166,221 £2,245 42
2018£155,893 £2,257 49
2017£156,419 £2,282 54
2016£148,959 £2,153 45
2015£151,880 £2,139 76
2014£151,776 £2,154 51
2013£159,487 £2,137 52
2012£142,632 £2,093 30
2011£156,154 £2,106 34
2010£149,195 £2,363 32
2009£158,015 £2,356 54
2008£137,043 £2,155 37
2007£148,901 £2,150 75
2006£171,678 £2,252 92
2005£211,782 £2,812 140
2004£150,336 £2,119 67
2003£115,328 £1,647 64
2002£82,123 £1,239 68
2001£74,422 £1,131 97
2000£69,933 £976 76
1999£50,495 £796 64
1998£51,241 £780 64
1997£48,977 £761 59
1996£47,234 £704 67
1995£43,973 £625 39
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£383,450 £3,528 10
2023£289,563 £2,658 21
2022£437,069 £3,664 16
2021£274,280 £2,874 26
2020£327,278 £2,710 21
2019£285,174 £2,764 23
2018£292,619 £2,808 21
2017£243,715 £2,455 28
2016£256,619 £2,323 29
2015£252,024 £2,378 25
2014£216,472 £2,556 18
2013£221,431 £2,264 19
2012£218,738 £2,159 25
2011£178,844 £1,956 16
2010£288,705 £2,349 20
2009£204,219 £1,983 18
2008£253,026 £1,900 19
2007£221,801 £2,218 37
2006£215,395 £2,070 37
2005£236,263 £2,042 30
2004£259,069 £2,089 36
2003£176,664 £1,574 22
2002£136,112 £1,310 38
2001£119,281 £942 29
2000£99,544 £860 33
1999£89,677 £762 31
1998£80,137 £690 34
1997£81,817 £649 34
1996£71,923 £721 26
1995£59,870 £608 20
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£251,2944
2023£129,500 £2,261 2
2022£171,315 £2,585 10
2021£307,056 £3,239 9
2020£142,264 £2,346 7
2019£739,325 £1,974 5
2018£186,400 £1,933 10
2017£129,143 £2,342 7
2016£95,000 £1,508 1
2014£420,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£413,731 £2,942 13
2023£383,576 £3,164 35
2022£324,988 £2,766 33
2021£333,649 £2,556 45
2020£316,912 £2,572 40
2019£312,104 £2,424 38
2018£313,488 £2,314 44
2017£269,125 £2,292 51
2016£289,126 £2,185 50
2015£299,135 £2,234 42
2014£263,845 £2,081 41
2013£283,533 £2,031 32
2012£246,645 £1,944 28
2011£229,218 £1,968 36
2010£244,178 £2,002 29
2009£217,673 £1,964 31
2008£239,556 £1,783 27
2007£238,388 £1,910 61
2006£240,284 £1,892 68
2005£227,568 £2,003 50
2004£287,337 £2,095 65
2003£195,728 £1,550 51
2002£142,537 £1,303 58
2001£121,841 £950 66
2000£101,413 £818 60
1999£89,316 £678 56
1998£89,901 £702 62
1997£72,674 £620 55
1996£69,918 £506 56
1995£70,085 £547 40

House Type in NE3 1RT area

The most common house types in the NE3 1RT postcode area are Terraced (92), Flat (27), and Semi-detached (5).

Total126
Terraced92
Flat27
Semi-detached5
Shared house2
Detached0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (48), and Owned: Owns outright (42).

Owned: Owns with a mortgage or loan48
Owned: Owns outright42
Private rented: Private landlord or letting agency30
Social rented: Other social rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE3 1RT have 2 people in household (40), and 3 people in household (27).

2 people in household40
3 people in household27
1 person in household26
4 people in household24
5 people in household7
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0