Housing Market Analysis for MARGARET TERRACE, NE39 2NG

Are you looking to understand NE39 2NG 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 2NG area, explore the NE39 2NG Area information page.
For comprehensive crime statistics in the NE39 2NG area, explore the NE39 2NG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE39 2NG postcode area, The average prices are as follows,

Terraced
- The average price is around £56,568 median price is £53,000 Standard Deviation is £26,761 with Total Sold: 63
- The Last 5 Year average price is £71,403 with Total Sold: 15
- The most recent sale happened at this postcode is 6 MARGARET TERRACE: £126,000 (Sold on 24 Aug 2023)
- The first recorded sale happened at this postcode is 39 MARGARET TERRACE: £63,000 (Sold on 07 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE39 2NG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£88,510	£1,087	5
2022	£80,667	£1,138	3
2021	£51,500	£731	2
2020	£53,000	£768	1
2019	£55,833	£696	3
2018	£52,000	£800	1
2016	£60,000	£770	2
2015	£68,250	£845	2
2014	£89,167	£957	3
2012	£50,000	£794	1
2011	£70,000	£761	2
2010	£80,000	£1,046	1
2008	£89,000	£957	1
2007	£78,000	£1,026	2
2006	£88,317	£1,189	3
2005	£73,800	£960	5
2004	£73,000	£1,039	1
2003	£41,070	£469	5
2002	£36,250	£417	4
2001	£27,815	£341	3
2000	£20,333	£253	3
1999	£25,000	£325	1
1998	£21,000	£246	2
1997	£24,000	£304	1
1996	£22,000	£327	3
1995	£21,500	£268	2
2024	£63,000		1

All the Sales in the MARGARET TERRACE, NE39 2NG

See the table below for more details on the sold house prices in the NE39 2NG, Gateshead postcode.

Address	Sold Date	Price	% Change
6 MARGARET TERRACETerraced, FreeholdArea: 95 Sq.mtrAge: 1900-1929	24 Aug 2023	£126,000	22.93%
	12 Feb 2014	£102,500	150.00%
	02 Jul 2003	£41,000	First Sale
27 MARGARET TERRACETerraced, FreeholdArea: 63 Sq.mtrAge: 1900-1929	11 Aug 2023	£110,050	26.49%
	21 Jan 2022	£87,000	74.00%
	14 Sep 2012	£50,000	First Sale
24 MARGARET TERRACETerraced, FreeholdArea: 100 Sq.mtrAge: 1930-1949	18 Jul 2023	£76,000	0.0
	15 Jun 2007	£76,000	First Sale
30 MARGARET TERRACETerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	23 Jun 2023	£67,000	34.13%
	12 Sep 2003	£49,950	85.00%
	31 Oct 2000	£27,000	0.0
	20 Mar 1998	£27,000	First Sale
26 MARGARET TERRACETerraced, FreeholdArea: 74 Sq.mtrAge: 1900-1929	26 May 2023	£63,500	First Sale
25 MARGARET TERRACETerraced, FreeholdArea: 76.56 Sq.mtrAge: 1900-1929	06 Apr 2022	£65,000	First Sale
14 MARGARET TERRACETerraced, FreeholdArea: 76 Sq.mtrAge: 1900-1929	11 Feb 2022	£90,000	240.91%
	23 Jan 2003	£26,400	First Sale
17 MARGARET TERRACETerraced, FreeholdArea: 66 Sq.mtrAge: 1900-1929	21 Dec 2021	£55,000	First Sale
3 MARGARET TERRACETerraced, FreeholdArea: 76.47 Sq.mtrAge: 1900-1929	02 Sep 2021	£48,000	6.67%
	11 Nov 2016	£45,000	-43.75%
	26 Feb 2010	£80,000	17.65%
	27 May 2005	£68,000	119.35%
	07 Dec 2002	£31,000	First Sale
31 MARGARET TERRACETerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	05 Jun 2020	£53,000	First Sale
46 MARGARET TERRACETerraced, FreeholdArea: 106 Sq.mtrAge: 1900-1929	13 Aug 2019	£48,000	-47.83%
	25 May 2005	£92,000	First Sale
28 MARGARET TERRACETerraced, FreeholdArea: 81 Sq.mtrAge: 1900-1929	19 Jul 2019	£52,000	First Sale
15 MARGARET TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: 1900-1929	11 Feb 2019	£67,500	First Sale
38 MARGARET TERRACETerraced, FreeholdArea: 65 Sq.mtrAge: before 1900	21 Feb 2018	£52,000	-39.53%
	23 Nov 2005	£86,000	79.17%
	08 Apr 2005	£48,000	First Sale
20 MARGARET TERRACETerraced, FreeholdArea: 78.83 Sq.mtrAge: 1900-1929	18 Nov 2016	£75,000	25.00%
	05 Jul 2011	£60,000	118.62%
	04 Jun 2001	£27,445	14.35%
	31 Oct 1997	£24,000	First Sale
33 MARGARET TERRACETerraced, FreeholdArea: 72.31 Sq.mtrAge: 1900-1929	29 May 2015	£60,000	361.54%
	12 Oct 2000	£13,000	First Sale
16 MARGARET TERRACETerraced, FreeholdArea: 89 Sq.mtrAge: 1900-1929	27 Feb 2015	£76,500	173.21%
	21 Sep 2001	£28,000	First Sale
44 MARGARET TERRACETerraced, FreeholdArea: 93 Sq.mtrAge: 1900-1929	18 Sep 2014	£90,000	1.12%
	31 Mar 2008	£89,000	91.40%
	30 Aug 2002	£46,500	First Sale
7 MARGARET TERRACETerraced, FreeholdArea: 90.96 Sq.mtrAge: 1900-1929	07 Mar 2014	£75,000	-19.35%
	20 Jan 2006	£93,000	232.14%
	22 Dec 1995	£28,000	First Sale
32 MARGARET TERRACETerraced, Freehold	04 Feb 2011	£80,000	First Sale
12 MARGARET TERRACETerraced, FreeholdArea: 77 Sq.mtrAge: before 1900	10 Aug 2007	£80,000	207.69%
	30 Aug 2002	£26,000	First Sale
36 MARGARET TERRACETerraced, FreeholdArea: 70.23 Sq.mtrAge: before 1900	01 Sep 2006	£92,000	26.03%
	02 Aug 2004	£73,000	192.00%
	29 Jan 1999	£25,000	First Sale
19 MARGARET TERRACETerraced, Freehold	27 Jan 2006	£79,950	First Sale
40 MARGARET TERRACETerraced, FreeholdArea: 78 Sq.mtrAge: 1900-1929	30 Sep 2005	£75,000	167.86%
	12 Mar 2001	£28,000	86.67%
	10 Jul 1998	£15,000	First Sale
21 MARGARET TERRACETerraced, Freehold	12 Sep 2003	£48,500	First Sale
4 MARGARET TERRACETerraced, FreeholdArea: 73 Sq.mtrAge: before 1900	05 Jun 2003	£39,500	First Sale
8 MARGARET TERRACETerraced, Freehold	08 Nov 2002	£41,500	88.64%
8 MARGARET TERRACETerraced, Freehold	02 Oct 1996	£22,000	First Sale
42 MARGARET TERRACETerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	22 Dec 2000	£21,000	First Sale
13 MARGARET TERRACETerraced, FreeholdArea: 65.8 Sq.mtrAge: 1900-1929	15 Nov 1996	£21,500	First Sale
18 MARGARET TERRACETerraced, Freehold	31 May 1996	£22,500	First Sale
10 MARGARET TERRACETerraced, FreeholdArea: 70 Sq.mtrAge: 1900-1929	24 Apr 1995	£15,000	First Sale
39 MARGARET TERRACETerraced, Freehold	07 Aug 2024	£63,000	First Sale

Check out the sold house prices near the NE39 2NG postcode. Properties currently for saleProperties currently for rent

MARGARET TERRACE, NE39 2NG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE39 2NG 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 2NG postcode.

Terraced
- The average price is around £69,427 median price is £70,000 Standard Deviation is £37,439 with Total Sold: 349
- The Last 5 Year average price is £92,196 with Total Sold: 64
- The most recent sale happened at this postcode is , 39 MARGARET TERRACE: £63,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 6 ORCHARD DENE: £65,000 (Sold on 30 Mar 1995)
Detached
- The average price is around £172,914 median price is £149,950 Standard Deviation is £104,042 with Total Sold: 153
- The Last 5 Year average price is £282,339 with Total Sold: 26
- The most recent sale happened at this postcode is , 10 LOW WEST AVENUE: £275,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 2 LOW WEST AVENUE: £49,000 (Sold on 30 Jun 1995)
Semi-Detached
- The average price is around £107,963 median price is £97,000 Standard Deviation is £58,224 with Total Sold: 324
- The Last 5 Year average price is £151,955 with Total Sold: 66
- The most recent sale happened at this postcode is , 12 WELLFIELD ROAD: £140,000 (Sold on 23 May 2024)
- The first recorded sale happened at this postcode is , 89 LEAZES VIEW: £31,500 (Sold on 20 Jan 1995)
Other
- The average price is around £86,270 median price is £25,000 Standard Deviation is £112,008 with Total Sold: 5
- The Last 5 Year average price is £12,675 with Total Sold: 2
- The most recent sale happened at this postcode is , 7 COWELL GROVE: £350 (Sold on 17 Feb 2020)
- The first recorded sale happened at this postcode is , HIGHFIELD PRIMARY SCHOOL HIGHFIELD ROAD: £300,000 (Sold on 16 Mar 2017)
Flat
- The average price is around £121,975 median price is £123,475 Standard Deviation is £31,811 with Total Sold: 4
- The most recent sale happened at this postcode is , 30 COWELL GROVE: £163,000 (Sold on 06 May 2005)
- The first recorded sale happened at this postcode is , 34 COWELL GROVE: £108,950 (Sold on 04 Nov 1998)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£108,000	£1,390	5
2023	£85,676	£1,099	15
2022	£122,125	£1,530	8
2021	£82,059	£991	16
2020	£84,688	£931	8
2019	£92,329	£1,202	12
2018	£92,675	£1,056	10
2017	£103,499	£1,180	6
2016	£78,400	£1,030	15
2015	£94,812	£1,063	12
2014	£82,278	£977	9
2013	£131,200	£1,482	5
2012	£85,862	£1,061	4
2011	£81,518	£1,105	14
2010	£72,812	£986	8
2009	£85,150	£1,065	3
2008	£90,996	£1,083	12
2007	£94,950	£1,158	22
2006	£104,424	£1,283	16
2005	£78,667	£1,047	12
2004	£73,673	£875	13
2003	£43,975	£545	12
2002	£43,212	£485	20
2001	£28,111	£349	17
2000	£29,668	£280	14
1999	£29,096	£276	14
1998	£29,110	£315	10
1997	£26,454	£304	13
1996	£27,428	£338	16
1995	£28,619	£274	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£275,000		1
2023	£375,000	£3,119	2
2022	£294,373	£2,529	5
2021	£280,645	£1,996	10
2020	£205,000	£1,867	2
2019	£271,250	£2,308	6
2018	£260,000	£1,901	5
2017	£262,593	£2,279	7
2016	£194,000	£2,119	5
2014	£115,000	£1,069	1
2013	£177,375	£1,948	4
2012	£199,833	£1,885	3
2011	£295,000	£1,461	3
2009	£120,000		1
2008	£214,996	£2,066	6
2007	£239,408	£2,151	6
2006	£246,500	£1,825	2
2005	£223,779	£2,098	7
2004	£174,200	£1,536	5
2003	£134,500	£301	6
2002	£154,600	£1,086	9
2001	£75,075	£1,066	6
2000	£79,556	£853	9
1999	£87,728	£807	18
1998	£81,210	£768	10
1997	£103,317	£902	3
1996	£77,993	£687	7
1995	£77,250	£561	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£131,000	£1,488	5
2023	£142,591	£1,745	11
2022	£131,500	£1,670	8
2021	£192,342	£2,042	19
2020	£144,077	£1,643	13
2019	£122,600	£1,379	10
2018	£156,181	£1,483	8
2017	£158,173	£1,548	11
2016	£132,500	£1,653	11
2015	£131,375	£1,523	6
2014	£128,983	£1,605	3
2013	£116,181	£1,226	8
2012	£131,222	£1,248	9
2011	£135,750	£1,744	6
2010	£96,600	£1,368	5
2009	£137,400	£1,571	5
2008	£128,938	£1,736	8
2007	£138,755	£1,738	12
2006	£137,288	£1,831	13
2005	£146,375	£1,391	10
2004	£115,197	£1,297	15
2003	£94,462	£1,139	12
2002	£60,996	£595	13
2001	£53,775	£699	12
2000	£61,750	£643	15
1999	£60,095	£815	28
1998	£45,895	£508	21
1997	£59,317	£616	9
1996	£47,890	£574	5
1995	£49,472	£629	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£350	£6	1
2019	£25,000		1
2018	£10,000		1
2017	£198,000		2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£163,000	£1,964	1
2002	£138,000		1
1999	£77,950	£939	1
1998	£108,950		1

House Type in NE39 2NG area

The most common house types in the NE39 2NG postcode area are Terraced (126), Detached (6), and Semi-detached (6).

Total	139
Terraced	126
Detached	6
Semi-detached	6
Flat	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (51), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan	51
Owned: Owns outright	48
Private rented: Private landlord or letting agency	35
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE39 2NG have 1 person in household (47), and 2 people in household (44).

1 person in household	47
2 people in household	44
3 people in household	25
4 people in household	13
5 people in household	8
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0