Housing Market Analysis for NE40 3AY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £173,028 median price is £176,500 Standard Deviation is £72,624 with Total Sold: 12
    • The Last 5 Year average price is £282,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 4, TOWNELEY COTTAGES WEST: £275,000 (Sold on 21 Jun 2022)
    • The first recorded sale happened at this postcode is 5, TOWNELEY COTTAGES WEST: £77,780 (Sold on 13 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3AY 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£282,500 £2,082 2
2018£185,000 £2,155 1
2015£197,500 £1,508 2
2013£159,000 £1,852 1
2007£245,0001
2006£183,0001
2001£108,0001
1999£78,5501
1998£80,0001
1997£77,780 £594 1

All the Sales in the NE40 3AY

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

AddressSold DatePrice% Change
4, TOWNELEY COTTAGES WESTTerraced, FreeholdArea: 141 Sq.mtrAge: before 190021 Jun 2022£275,000First Sale
5, TOWNELEY COTTAGES WESTTerraced, FreeholdArea: 131 Sq.mtrAge: before 190020 Apr 2022£290,00028.89%
27 Nov 2015£225,00032.35%
19 Oct 2015£170,000118.57%
13 Oct 1997£77,780First Sale
1, TOWNELEY COTTAGES WESTTerraced, FreeholdArea: 85.86 Sq.mtrAge: 1900-192916 Aug 2018£185,00016.35%
21 Jun 2013£159,000First Sale
7, TOWNELEY COTTAGES WESTTerraced, Freehold09 Feb 2007£245,000126.85%
27 Jul 2001£108,00035.00%
06 Feb 1998£80,000First Sale
3, TOWNELEY COTTAGES WESTTerraced, Freehold26 May 2006£183,000132.97%
10 Dec 1999£78,550First Sale

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

NE40 3AY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £123,459 median price is £110,000 Standard Deviation is £69,468 with Total Sold: 278
    • The Last 5 Year average price is £173,377 with Total Sold: 43
    • 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)
  • Terraced
    • The average price is around £109,055 median price is £103,562 Standard Deviation is £64,408 with Total Sold: 424
    • The Last 5 Year average price is £153,001 with Total Sold: 85
    • The most recent sale happened at this postcode is , 55 EMMAVILLE: £170,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 20 BEECH GROVE TERRACE SOUTH: £31,500 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £205,401 median price is £190,000 Standard Deviation is £124,320 with Total Sold: 205
    • The Last 5 Year average price is £307,625 with Total Sold: 40
    • 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 , 33 CLOVERHILL DRIVE: £75,000 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £154,308 median price is £150,000 Standard Deviation is £88,401 with Total Sold: 13
    • The Last 5 Year average price is £167,000 with Total Sold: 12
    • 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 £46,300 median price is £37,750 Standard Deviation is £35,919 with Total Sold: 84
    • The Last 5 Year average price is £51,250 with Total Sold: 11
    • 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 , 41 MOLLYFAIR CLOSE: £19,000 (Sold on 03 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£161,250 £1,831 4
2023£146,200 £2,125 5
2022£166,758 £2,423 6
2021£194,500 £2,107 13
2020£205,664 £2,363 7
2019£138,812 £1,919 8
2018£218,643 £1,754 7
2017£161,000 £1,707 8
2016£149,438 £2,026 8
2015£141,500 £1,889 11
2014£138,746 £1,898 13
2013£151,905 £1,684 11
2012£130,214 £1,779 7
2011£172,333 £2,195 3
2010£168,000 £1,811 4
2009£127,950 £1,625 5
2008£157,000 £1,567 5
2007£170,719 £1,862 16
2006£164,985 £1,667 10
2005£138,812 £1,718 8
2004£132,562 £1,486 8
2003£125,965 £1,170 10
2002£85,566 £863 18
2001£55,034 £789 7
2000£56,430 £725 15
1999£60,175 £898 10
1998£63,727 £718 11
1997£57,181 £670 16
1996£59,750 £699 12
1995£64,788 £781 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,0002
2023£164,154 £1,826 13
2022£181,872 £1,840 20
2021£121,792 £1,447 12
2020£144,478 £1,570 23
2019£141,007 £1,571 15
2018£146,496 £1,733 12
2017£151,179 £1,533 14
2016£159,138 £1,833 8
2015£140,068 £1,463 14
2014£121,518 £1,530 11
2013£113,147 £1,273 12
2012£99,412 £1,276 10
2011£116,960 £1,406 13
2010£131,857 £1,556 7
2009£105,250 £869 6
2008£114,000 £1,280 7
2007£164,617 £1,791 15
2006£149,894 £1,609 24
2005£126,289 £1,544 19
2004£121,100 £1,386 9
2003£98,045 £1,088 11
2002£70,887 £816 23
2001£61,346 £633 24
2000£40,533 £512 15
1999£54,079 £646 19
1998£50,836 £492 20
1997£53,416 £545 24
1996£46,773 £487 11
1995£34,365 £457 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£388,333 £3,544 3
2023£358,556 £2,687 9
2022£318,333 £2,761 6
2021£272,333 £3,039 9
2020£268,375 £1,961 8
2019£281,000 £2,585 5
2018£217,714 £2,472 7
2017£245,814 £2,167 11
2016£267,612 £1,972 10
2015£219,750 £2,353 6
2014£247,180 £2,009 5
2013£258,000 £2,031 6
2012£149,400 £1,503 5
2011£275,333 £2,204 6
2010£305,714 £2,474 7
2009£279,875 £2,597 4
2008£298,908 £2,185 6
2007£227,000 £1,930 5
2006£250,167 £2,067 6
2005£203,500 £1,800 2
2004£181,200 £1,982 5
2003£117,625 £1,046 4
2002£144,792 £1,323 12
2001£89,999 £935 9
2000£123,833 £646 3
1999£103,062 £699 9
1998£79,516 £854 16
1997£91,750 £677 6
1996£84,745 £560 10
1995£81,500 £674 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,667 £1,045 3
2023£88,500 £1,458 2
2022£155,000 £1,384 1
2021£180,833 £1,451 6
2018£2,000 £26 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£83,500 £1,815 1
2022£49,625 £1,707 4
2021£55,500 £1,499 3
2020£43,500 £1,891 1
2019£35,875 £1,528 2
2018£36,500 £1,555 2
2017£37,000 £1,609 1
2016£70,688 £1,338 4
2015£51,225 £1,421 2
2014£51,000 £1,487 2
2013£55,975 £1,619 2
2011£63,000 £1,964 2
2009£65,000 £1,510 2
2007£93,333 £1,865 6
2006£73,992 £1,885 6
2005£45,000 £1,891 1
2004£80,250 £1,213 4
2003£30,093 £1,036 7
2002£32,457 £732 7
2001£18,742 £805 6
1999£21,100 £502 5
1998£19,175 £662 4
1997£18,542 £564 3
1995£28,893 £555 7

House Type in NE40 3AY area

The most common house types in the NE40 3AY postcode area are Terraced (80), Flat (18), and Semi-detached (13).

Total118
Terraced80
Flat18
Semi-detached13
Detached7
Shared house0
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 (41), and Owned: Owns with a mortgage or loan (36).

Social rented: Rents from council or Local Authority41
Owned: Owns with a mortgage or loan36
Owned: Owns outright28
Private rented: Private landlord or letting agency11
Social rented: Other social rented2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3AY have 1 person in household (54), and 2 people in household (44).

1 person in household54
2 people in household44
3 people in household12
4 people in household9
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0