Housing Market Analysis for SCHOOL HOUSES, NE39 1LU

Are you looking to understand NE39 1LU 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 NE39 1LU area, explore the NE39 1LU Area information page.
For comprehensive crime statistics in the NE39 1LU area, explore the NE39 1LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE39 1LU postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £151,812 median price is £160,000 Standard Deviation is £72,873 with Total Sold: 8
    • The Last 5 Year average price is £255,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 SCHOOL HOUSES: £255,000 (Sold on 21 Apr 2022)
    • The first recorded sale happened at this postcode is 2 SCHOOL HOUSES: £40,000 (Sold on 29 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE39 1LU 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
2022£255,0001
2008£200,000 £2,041 1
2006£213,000 £2,143 2
2002£120,0001
2001£86,750 £923 2
1997£40,000 £408 1

All the Sales in the SCHOOL HOUSES, NE39 1LU

See the table below for more details on the sold house prices in the NE39 1LU, Gateshead postcode.

AddressSold DatePrice% Change
3 SCHOOL HOUSESTerraced, Freehold21 Apr 2022£255,00018.06%
24 Mar 2006£216,000160.24%
22 Nov 2001£83,000First Sale
2 SCHOOL HOUSESTerraced, FreeholdArea: 98 Sq.mtrAge: before 190014 Nov 2008£200,000-4.76%
13 Dec 2006£210,000132.04%
25 May 2001£90,500126.25%
29 Aug 1997£40,000First Sale
1 SCHOOL HOUSESTerraced, Freehold19 Jul 2002£120,000First Sale

Check out the sold house prices near the NE39 1LU postcode. Properties currently for saleProperties currently for rent

SCHOOL HOUSES, NE39 1LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE39 1LU 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 NE39 1LU postcode.

  • Terraced
    • The average price is around £122,418 median price is £117,500 Standard Deviation is £59,793 with Total Sold: 58
    • The Last 5 Year average price is £210,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 3 SCHOOL HOUSES: £255,000 (Sold on 21 Apr 2022)
    • The first recorded sale happened at this postcode is , 5 ALBERT STREET: £53,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £96,000 median price is £96,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , UNIT 7 WHINFIELD INDUSTRIAL ESTATE: £96,000 (Sold on 10 Nov 2017)
    • The first recorded sale happened at this postcode is , UNIT 7 WHINFIELD INDUSTRIAL ESTATE: £96,000 (Sold on 10 Nov 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£255,0001
2021£174,000 £1,657 1
2019£203,000 £2,009 1
2018£206,667 £2,029 3
2017£183,750 £1,935 2
2016£159,000 £1,868 2
2014£171,975 £1,713 2
2013£171,000 £1,639 2
2012£175,000 £1,767 1
2011£144,738 £1,713 4
2010£140,500 £1,635 2
2008£184,975 £2,041 2
2007£171,500 £1,571 2
2006£200,000 £2,143 3
2002£114,195 £1,095 5
2001£85,738 £930 4
2000£89,0001
1999£64,300 £775 5
1998£58,090 £630 5
1997£52,083 £564 6
1996£57,2502
1995£43,500 £424 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£96,0001

House Type in NE39 1LU area

The most common house types in the NE39 1LU postcode area are Terraced (47), Detached (35), and Semi-detached (20).

Total103
Terraced47
Detached35
Semi-detached20
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright56
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency7
Social rented: Rents from council or Local Authority4
Private rented: Other private rented1
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 NE39 1LU have 2 people in household (42), and 1 person in household (23).

2 people in household42
1 person in household23
3 people in household20
4 people in household16
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0