Housing Market Analysis for NE40 3BJ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE40 3BJ 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.

    All the Sales in the NE40 3BJ

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

    AddressSold DatePrice% Change

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

    NE40 3BJ Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £128,163 median price is £112,000 Standard Deviation is £77,549 with Total Sold: 374
      • The Last 5 Year average price is £184,364 with Total Sold: 59
      • 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 , 5 TWEEDYS BUILDINGS: £40,000 (Sold on 27 Mar 1995)
    • Detached
      • The average price is around £251,563 median price is £225,000 Standard Deviation is £144,945 with Total Sold: 169
      • The Last 5 Year average price is £366,448 with Total Sold: 29
      • 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 £140,162 median price is £125,000 Standard Deviation is £86,357 with Total Sold: 431
      • The Last 5 Year average price is £201,040 with Total Sold: 70
      • 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)
    • Other
      • The average price is around £690,213 median price is £142,000 Standard Deviation is £2,023,716 with Total Sold: 15
      • The Last 5 Year average price is £1,066,299 with Total Sold: 9
      • 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 , NISA SUPERMARKET LANE HEAD: £341,000 (Sold on 05 Nov 2015)
    • Flat
      • The average price is around £81,933 median price is £74,475 Standard Deviation is £43,258 with Total Sold: 24
      • The Last 5 Year average price is £85,856 with Total Sold: 7
      • 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£191,5004
    2023£193,091 £2,087 11
    2022£208,805 £1,956 19
    2021£145,214 £1,709 7
    2020£166,872 £1,695 18
    2019£197,175 £1,757 12
    2018£153,463 £1,643 15
    2017£168,759 £1,721 17
    2016£200,372 £1,963 7
    2015£155,318 £1,626 14
    2014£156,295 £1,491 11
    2013£123,668 £1,240 9
    2012£133,071 £1,499 7
    2011£133,593 £1,457 10
    2010£127,571 £1,525 7
    2009£151,071 £1,479 7
    2008£120,800 £1,223 5
    2007£207,167 £1,790 9
    2006£161,821 £1,547 21
    2005£146,028 £1,493 18
    2004£136,160 £1,592 10
    2003£109,300 £1,056 10
    2002£71,482 £753 22
    2001£70,472 £685 22
    2000£43,400 £579 5
    1999£67,622 £700 16
    1998£59,167 £590 18
    1997£57,230 £551 26
    1996£64,143 £574 7
    1995£51,752 £506 10
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£540,0002
    2023£415,625 £2,475 8
    2022£348,667 £2,641 6
    2021£328,714 £2,907 7
    2020£304,833 £2,119 6
    2019£385,000 £3,570 2
    2018£274,000 £2,570 5
    2017£328,738 £1,993 4
    2016£302,861 £1,963 11
    2015£291,667 £2,895 3
    2014£296,250 £2,873 2
    2013£279,600 £2,081 5
    2012£235,800 £1,657 5
    2011£305,000 £1,892 6
    2010£312,143 £2,587 7
    2009£304,438 £2,348 8
    2008£378,375 £2,586 4
    2007£185,112 £2,098 4
    2006£254,278 £1,526 9
    2005£309,333 £1,775 3
    2004£243,994 £1,850 9
    2003£158,857 £1,384 7
    2002£193,250 £1,314 8
    2001£99,750 £855 4
    2000£123,483 £773 3
    1999£114,356 £760 10
    1998£123,207 £579 7
    1997£109,375 £677 4
    1996£107,771 £724 7
    1995£104,667 £678 3
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£190,6254
    2023£192,067 £2,021 15
    2022£215,370 £2,147 15
    2021£199,576 £2,014 21
    2020£200,510 £2,279 15
    2019£167,971 £1,662 17
    2018£176,400 £1,610 25
    2017£164,400 £1,633 15
    2016£152,156 £1,599 16
    2015£158,197 £1,737 15
    2014£140,000 £1,552 15
    2013£157,033 £1,576 15
    2012£141,219 £1,602 16
    2011£229,250 £1,415 8
    2010£170,150 £1,765 10
    2009£199,812 £1,320 4
    2008£150,833 £1,218 6
    2007£152,497 £1,812 17
    2006£144,171 £1,439 21
    2005£165,576 £1,505 17
    2004£151,355 £1,369 11
    2003£105,542 £1,020 20
    2002£83,474 £718 18
    2001£64,086 £809 12
    2000£59,329 £607 12
    1999£67,246 £710 12
    1998£72,418 £596 19
    1997£58,607 £588 20
    1996£66,696 £658 14
    1995£60,083 £689 6
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£195,667 £1,045 3
    2023£142,0001
    2022£244,500 £1,967 2
    2021£64,345 £805 2
    2020£8,250,000 £137,500 1
    2018£85,875 £882 4
    2016£72,0001
    2015£341,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£84,250 £1,815 2
    2022£80,000 £1,739 1
    2021£90,833 £1,332 3
    2020£79,9951
    2019£80,0001
    2016£109,5002
    2015£69,950 £1,488 1
    2014£119,500 £1,598 2
    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 3BJ area

    The most common house types in the NE40 3BJ postcode area are Semi-detached (45), Terraced (45), and Flat (35).

    Total129
    Semi-detached45
    Terraced45
    Flat35
    Detached3
    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 (57), and Owned: Owns outright (39).

    Social rented: Rents from council or Local Authority57
    Owned: Owns outright39
    Owned: Owns with a mortgage or loan19
    Social rented: Other social rented6
    Private rented: Private landlord or letting agency6
    Shared ownership: Shared ownership1
    Lives rent free1
    Does not apply0
    Private rented: Other private rented0

    Number of People in a Household

    The most houses in the NE40 3BJ have 1 person in household (65), and 2 people in household (36).

    1 person in household65
    2 people in household36
    3 people in household14
    4 people in household14
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0