Housing Market Analysis for OAKFIELD NORTH, NE40 3AD

Are you looking to understand NE40 3AD 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 NE40 3AD area, explore the NE40 3AD Area information page.
For comprehensive crime statistics in the NE40 3AD area, explore the NE40 3AD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE40 3AD postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £163,725 median price is £167,475 Standard Deviation is £74,134 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 OAKFIELD NORTH: £235,000 (Sold on 22 Oct 2015)
    • The first recorded sale happened at this postcode is 2 OAKFIELD NORTH: £79,950 (Sold on 17 May 2002)
  • Terraced
    • The average price is around £61,600 median price is £61,600 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 OAKFIELD NORTH: £61,600 (Sold on 30 Jul 2004)
    • The first recorded sale happened at this postcode is 5 OAKFIELD NORTH: £61,600 (Sold on 30 Jul 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3AD 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£235,000 £1,767 1
2006£240,0001
2002£89,9502
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£61,6001

All the Sales in the OAKFIELD NORTH, NE40 3AD

See the table below for more details on the sold house prices in the NE40 3AD, Gateshead postcode.

AddressSold DatePrice% Change
1 OAKFIELD NORTHSemi-Detached, FreeholdArea: 133 Sq.mtrAge: 1930-194922 Oct 2015£235,000First Sale
3 OAKFIELD NORTHSemi-Detached, Freehold22 Aug 2006£240,000140.12%
29 May 2002£99,950First Sale
5 OAKFIELD NORTHTerraced, Freehold30 Jul 2004£61,600First Sale
2 OAKFIELD NORTHSemi-Detached, Freehold17 May 2002£79,950First Sale

Check out the sold house prices near the NE40 3AD postcode. Properties currently for saleProperties currently for rent

OAKFIELD NORTH, NE40 3AD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE40 3AD 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 NE40 3AD postcode.

  • Detached
    • The average price is around £257,188 median price is £230,000 Standard Deviation is £142,585 with Total Sold: 213
    • The Last 5 Year average price is £394,497 with Total Sold: 44
    • The most recent sale happened at this postcode is , CROMDALE BARMOOR LANE: £540,000 (Sold on 25 Jul 2024)
    • The first recorded sale happened at this postcode is , 6 NORTH CLOSE: £87,000 (Sold on 03 Feb 1995)
  • Semi-Detached
    • The average price is around £139,870 median price is £121,000 Standard Deviation is £97,581 with Total Sold: 485
    • The Last 5 Year average price is £196,743 with Total Sold: 107
    • The most recent sale happened at this postcode is , 33 MAIN ROAD: £172,500 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , NORWOOD WOODSIDE ROAD: £62,500 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £138,274 median price is £123,125 Standard Deviation is £89,137 with Total Sold: 584
    • The Last 5 Year average price is £198,339 with Total Sold: 103
    • The most recent sale happened at this postcode is , 13 GRANGE ROAD: £360,000 (Sold on 16 May 2024)
    • The first recorded sale happened at this postcode is , 2 WALLACE TERRACE: £64,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £720,324 median price is £180,000 Standard Deviation is £1,954,644 with Total Sold: 16
    • The Last 5 Year average price is £1,179,854 with Total Sold: 9
    • The most recent sale happened at this postcode is , 3A ELVASTON ROAD: £170,000 (Sold on 07 Mar 2024)
    • The first recorded sale happened at this postcode is , NISA SUPERMARKET LANE HEAD: £341,000 (Sold on 05 Nov 2015)
  • Flat
    • The average price is around £91,480 median price is £80,000 Standard Deviation is £44,448 with Total Sold: 78
    • The Last 5 Year average price is £107,322 with Total Sold: 20
    • The most recent sale happened at this postcode is 3, NORTHUMBERLAND HOUSE NORTHUMBERLAND ROAD: £114,000 (Sold on 18 Dec 2023)
    • The first recorded sale happened at this postcode is , 43 FAIRFIELDS: £25,000 (Sold on 27 Nov 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,0002
2023£427,778 £2,489 9
2022£339,572 £2,569 7
2021£389,239 £2,499 14
2020£383,150 £2,623 10
2019£385,000 £3,570 2
2018£287,500 £2,512 6
2017£328,738 £1,993 4
2016£299,290 £1,926 12
2015£291,667 £2,895 3
2014£296,250 £2,873 2
2013£343,286 £2,121 7
2012£232,667 £1,657 6
2011£277,143 £1,999 7
2010£258,750 £2,675 4
2009£287,583 £1,813 6
2008£378,375 £2,586 4
2007£181,100 £1,887 5
2006£272,375 £1,910 12
2005£339,200 £2,590 5
2004£243,139 £1,721 14
2003£178,312 £1,412 8
2002£177,800 £1,265 10
2001£131,833 £902 6
2000£131,988 £844 4
1999£122,773 £975 13
1998£123,883 £695 9
1997£138,272 £973 9
1996£113,822 £738 9
1995£133,500 £593 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,6254
2023£182,294 £1,939 17
2022£253,978 £2,179 20
2021£177,728 £1,934 30
2020£206,564 £2,197 18
2019£170,028 £1,679 18
2018£171,019 £1,606 27
2017£149,421 £1,634 19
2016£150,722 £1,570 18
2015£161,553 £1,737 18
2014£140,000 £1,552 15
2013£157,033 £1,576 15
2012£141,219 £1,602 16
2011£214,333 £1,364 9
2010£188,423 £1,747 13
2009£164,375 £1,495 6
2008£144,286 £1,218 7
2007£146,133 £1,798 18
2006£143,072 £1,456 22
2005£161,612 £1,505 16
2004£135,850 £1,256 14
2003£105,542 £1,020 20
2002£78,818 £684 19
2001£63,157 £818 13
2000£57,954 £619 12
1999£67,454 £703 13
1998£73,398 £596 20
1997£59,933 £617 24
1996£61,875 £670 14
1995£57,800 £618 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,0004
2023£194,017 £1,904 20
2022£201,578 £1,951 23
2021£174,471 £1,815 17
2020£186,558 £1,660 22
2019£214,238 £1,799 17
2018£166,922 £1,492 18
2017£188,225 £1,658 24
2016£206,534 £1,782 18
2015£148,850 £1,654 17
2014£182,107 £1,499 21
2013£141,924 £1,249 13
2012£159,227 £1,657 11
2011£153,062 £1,539 16
2010£165,733 £1,629 15
2009£177,458 £1,575 12
2008£141,955 £1,454 11
2007£213,678 £1,608 16
2006£162,314 £1,532 28
2005£170,634 £1,528 23
2004£177,380 £1,499 20
2003£121,917 £1,072 18
2002£77,769 £764 34
2001£68,603 £707 32
2000£67,058 £524 19
1999£63,454 £643 26
1998£59,784 £445 22
1997£61,030 £580 30
1996£49,437 £406 22
1995£58,580 £506 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,5002
2022£334,000 £2,550 1
2021£127,897 £1,019 3
2020£8,250,000 £137,500 1
2019£553,0002
2018£85,875 £882 4
2017£150,0001
2016£72,0001
2015£341,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£84,400 £1,467 5
2022£96,300 £1,717 5
2021£139,658 £1,309 6
2020£102,498 £2,155 2
2019£100,0002
2018£130,500 £807 2
2017£170,000 £1,401 1
2016£113,000 £2,000 3
2015£95,738 £1,578 4
2014£106,800 £1,554 5
2013£69,950 £1,488 1
2012£79,500 £1,579 2
2011£78,400 £1,482 5
2010£99,667 £1,824 3
2008£177,500 £1,329 2
2007£80,0001
2005£100,812 £1,363 4
2004£92,200 £1,017 5
2003£83,750 £1,577 2
2002£62,790 £1,035 5
2001£29,250 £355 2
2000£59,250 £1,049 2
1999£56,983 £1,000 3
1997£40,175 £642 4
1996£67,7501
1995£25,0001

House Type in NE40 3AD area

The most common house types in the NE40 3AD postcode area are Semi-detached (93), Terraced (20), and Flat (12).

Total130
Semi-detached93
Terraced20
Flat12
Detached4
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (45), and Owned: Owns with a mortgage or loan (33).

Social rented: Rents from council or Local Authority45
Owned: Owns with a mortgage or loan33
Owned: Owns outright29
Private rented: Private landlord or letting agency12
Social rented: Other social rented10
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3AD have 2 people in household (47), and 1 person in household (37).

2 people in household47
1 person in household37
3 people in household25
4 people in household15
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0