Housing Market Analysis for REASBY GARDENS, NE40 3AR

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £89,275 median price is £91,750 Standard Deviation is £26,600 with Total Sold: 30
    • The Last 5 Year average price is £109,605 with Total Sold: 10
    • The most recent sale happened at this postcode is 24 REASBY GARDENS: £121,000 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is 8 REASBY GARDENS: £37,500 (Sold on 04 Apr 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3AR 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
2023£121,0001
2022£120,517 £1,913 3
2021£101,375 £1,685 4
2020£118,000 £1,761 1
2019£90,000 £1,429 1
2018£110,500 £1,457 2
2017£87,500 £1,283 1
2016£95,000 £1,638 1
2014£88,750 £1,472 2
2013£73,250 £1,250 2
2010£105,000 £1,544 1
2008£105,000 £1,567 1
2007£110,000 £1,618 1
2006£85,000 £1,246 1
2005£74,000 £1,231 2
2004£74,000 £968 2
2002£55,000 £977 1
2001£25,188 £247 1
2000£36,750 £606 2

All the Sales in the REASBY GARDENS, NE40 3AR

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

AddressSold DatePrice% Change
24 REASBY GARDENSSemi-Detached, Freehold28 Apr 2023£121,000First Sale
46 REASBY GARDENSSemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1930-194919 Aug 2022£100,550First Sale
42 REASBY GARDENSSemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1950-196608 Jul 2022£132,00025.71%
28 Jul 2010£105,000-4.55%
17 Aug 2007£110,000First Sale
50 REASBY GARDENSSemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1950-196624 Feb 2022£129,00041.76%
30 Jul 2021£91,000First Sale
14 REASBY GARDENSSemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1950-196620 Dec 2021£99,000-5.71%
17 Dec 2021£105,0005.00%
08 Jun 2018£100,00017.65%
11 Nov 2005£85,000First Sale
2 REASBY GARDENSSemi-Detached, FreeholdArea: 58.82 Sq.mtrAge: 1950-196601 Nov 2021£110,50075.40%
28 Nov 2005£63,000First Sale
34 REASBY GARDENSSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1950-196628 Aug 2020£118,00012.38%
09 Jan 2008£105,000First Sale
13 REASBY GARDENSSemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1930-194923 Aug 2019£90,000First Sale
21 REASBY GARDENSSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1950-196628 Feb 2018£121,00035.96%
12 Nov 2004£89,000First Sale
9 REASBY GARDENSSemi-Detached, FreeholdArea: 68.22 Sq.mtrAge: 1950-196625 Aug 2017£87,5002.94%
20 Jan 2006£85,000First Sale
23 REASBY GARDENSSemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1930-194930 Jun 2016£95,000First Sale
10 REASBY GARDENSSemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1930-194928 Oct 2014£85,000First Sale
41 REASBY GARDENSSemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1930-194923 May 2014£92,50027.59%
29 Oct 2013£72,500First Sale
7 REASBY GARDENSSemi-Detached, FreeholdArea: 59.18 Sq.mtrAge: 1950-196613 Dec 2013£74,00025.42%
12 Mar 2004£59,000First Sale
31 REASBY GARDENSSemi-Detached, FreeholdArea: 56.32 Sq.mtrAge: 1930-194914 Jun 2002£55,000First Sale
18 REASBY GARDENSSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1930-194929 Oct 2001£25,188First Sale
45 REASBY GARDENSSemi-Detached, FreeholdArea: 59.36 Sq.mtrAge: 1930-194904 Aug 2000£36,000First Sale
8 REASBY GARDENSSemi-Detached, Freehold04 Apr 2000£37,500First Sale

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

REASBY GARDENS, NE40 3AR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £112,739 median price is £107,000 Standard Deviation is £65,076 with Total Sold: 367
    • The Last 5 Year average price is £158,345 with Total Sold: 72
    • The most recent sale happened at this postcode is , 98 PARK FIELD: £146,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 56 EMMAVILLE: £42,500 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £137,174 median price is £125,000 Standard Deviation is £78,328 with Total Sold: 294
    • The Last 5 Year average price is £184,927 with Total Sold: 59
    • The most recent sale happened at this postcode is , 3 MEADOWFIELD CRESCENT: £134,000 (Sold on 07 Aug 2024)
    • The first recorded sale happened at this postcode is , NORWOOD WOODSIDE ROAD: £62,500 (Sold on 17 Feb 1995)
  • Detached
    • The average price is around £240,235 median price is £220,000 Standard Deviation is £145,062 with Total Sold: 146
    • The Last 5 Year average price is £362,259 with Total Sold: 27
    • 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 , RIDSDALE BARMOOR LANE: £97,000 (Sold on 20 Sep 1995)
  • Other
    • The average price is around £142,245 median price is £142,000 Standard Deviation is £96,814 with Total Sold: 11
    • The Last 5 Year average price is £156,269 with Total Sold: 10
    • The most recent sale happened at this postcode is , NE40 STUDIOS MAIN ROAD: £375,000 (Sold on 21 Feb 2024)
    • The first recorded sale happened at this postcode is , HILLSIDE WOODSIDE ROAD: £2,000 (Sold on 08 Aug 2018)
  • Flat
    • The average price is around £69,259 median price is £65,000 Standard Deviation is £38,721 with Total Sold: 17
    • The Last 5 Year average price is £71,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , 41 FAIRFIELDS: £83,500 (Sold on 28 Jul 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,0003
2023£164,500 £1,846 12
2022£184,053 £1,866 18
2021£122,500 £1,507 9
2020£142,315 £1,638 20
2019£168,510 £1,704 10
2018£152,245 £1,751 10
2017£156,333 £1,643 12
2016£171,138 £1,811 8
2015£135,032 £1,437 14
2014£122,744 £1,493 9
2013£113,863 £1,243 9
2012£98,458 £1,276 9
2011£118,874 £1,431 12
2010£136,857 £1,595 7
2009£112,500 £1,027 5
2008£109,200 £1,226 5
2007£173,188 £1,883 12
2006£153,655 £1,566 21
2005£129,647 £1,512 17
2004£113,569 £1,580 8
2003£96,545 £1,082 11
2002£74,038 £806 24
2001£64,126 £686 19
2000£42,727 £592 11
1999£57,406 £687 16
1998£55,944 £551 18
1997£55,475 £564 21
1996£48,562 £520 8
1995£42,669 £470 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,3754
2023£156,222 £2,023 9
2022£231,364 £2,162 7
2021£203,882 £2,045 17
2020£192,319 £2,310 13
2019£137,500 £1,606 9
2018£187,577 £1,666 13
2017£166,000 £1,636 14
2016£144,750 £1,837 10
2015£155,163 £1,822 15
2014£139,429 £1,638 14
2013£161,577 £1,570 13
2012£152,167 £1,687 9
2011£183,250 £1,457 4
2010£177,143 £1,896 7
2009£138,625 £1,312 2
2008£153,000 £1,567 5
2007£159,022 £1,840 9
2006£157,733 £1,322 12
2005£137,950 £1,709 10
2004£137,806 £1,336 8
2003£114,696 £1,005 12
2002£83,894 £746 19
2001£58,190 £607 6
2000£57,496 £703 13
1999£90,375 £852 4
1998£62,750 £605 10
1997£60,692 £610 13
1996£59,062 £757 8
1995£64,100 £877 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,0002
2023£446,000 £2,528 5
2022£345,400 £2,688 5
2021£306,429 £3,035 7
2020£304,833 £2,119 6
2019£385,000 £3,570 2
2018£260,000 £3,006 2
2017£286,238 £1,878 4
2016£307,956 £2,006 12
2015£250,000 £3,153 2
2014£296,250 £2,873 2
2013£279,600 £2,081 5
2012£235,800 £1,657 5
2011£309,167 £1,941 6
2010£334,000 £2,472 5
2009£297,583 £2,422 6
2008£322,833 £1,731 3
2007£152,500 £1,930 2
2006£260,000 £1,526 8
2005£309,333 £1,775 3
2004£182,667 £1,771 6
2003£150,417 £1,070 6
2002£169,786 £1,032 7
2001£86,833 £804 6
2000£168,500 £660 1
1999£98,141 £725 11
1998£92,4905
1997£103,100 £677 5
1996£102,090 £613 5
1995£113,500 £678 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,667 £1,045 3
2023£142,0001
2022£155,000 £1,384 1
2021£135,738 £764 5
2018£2,000 £26 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£83,500 £1,815 1
2022£80,000 £1,739 1
2021£61,250 £1,332 2
2015£69,950 £1,488 1
2014£64,000 £1,391 1
2013£69,950 £1,488 1
2011£66,000 £1,429 1
2006£169,000 £1,310 1
2004£117,500 £620 2
2002£49,167 £368 3
1999£25,000 £391 1
1997£20,000 £431 1
1995£25,0001

House Type in NE40 3AR area

The most common house types in the NE40 3AR postcode area are Semi-detached (62), Terraced (44), and Detached (18).

Total126
Semi-detached62
Terraced44
Detached18
converted building2
Flat0
Shared house0
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 (46), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan46
Owned: Owns outright43
Social rented: Rents from council or Local Authority22
Private rented: Private landlord or letting agency9
Private rented: Other private rented2
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 NE40 3AR have 2 people in household (48), and 1 person in household (43).

2 people in household48
1 person in household43
3 people in household17
4 people in household13
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0