Housing Market Analysis for NE40 3BL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE40 3BL 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 3BL

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

    AddressSold DatePrice% Change

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

    NE40 3BL Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £127,755 median price is £115,000 Standard Deviation is £82,205 with Total Sold: 595
      • The Last 5 Year average price is £185,202 with Total Sold: 111
      • The most recent sale happened at this postcode is , 03-Apr WHITEWELL TERRACE: £255,505 (Sold on 09 Sep 2024)
      • The first recorded sale happened at this postcode is , 13 IVY AVENUE: £40,000 (Sold on 31 Jan 1995)
    • Detached
      • The average price is around £254,848 median price is £225,500 Standard Deviation is £141,999 with Total Sold: 192
      • The Last 5 Year average price is £391,232 with Total Sold: 37
      • 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 £137,070 median price is £120,000 Standard Deviation is £86,333 with Total Sold: 484
      • The Last 5 Year average price is £188,573 with Total Sold: 104
      • 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 £730,799 median price is £146,000 Standard Deviation is £2,088,833 with Total Sold: 14
      • The Last 5 Year average price is £1,332,099 with Total Sold: 7
      • 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 £79,657 median price is £69,950 Standard Deviation is £40,759 with Total Sold: 28
      • The Last 5 Year average price is £85,124 with Total Sold: 8
      • 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£266,9186
    2023£173,710 £1,782 23
    2022£201,992 £1,911 26
    2021£165,600 £1,675 15
    2020£170,811 £1,639 25
    2019£184,659 £1,652 16
    2018£154,383 £1,564 21
    2017£168,061 £1,664 23
    2016£172,508 £1,751 13
    2015£153,858 £1,641 18
    2014£184,312 £1,501 20
    2013£136,847 £1,300 13
    2012£141,150 £1,494 10
    2011£152,437 £1,511 17
    2010£153,077 £1,561 13
    2009£157,750 £1,464 10
    2008£135,958 £1,383 12
    2007£207,065 £1,607 17
    2006£157,098 £1,461 28
    2005£142,172 £1,471 23
    2004£154,006 £1,442 18
    2003£114,076 £1,045 19
    2002£69,114 £736 36
    2001£68,271 £681 36
    2000£57,688 £470 17
    1999£59,394 £621 25
    1998£54,906 £536 24
    1997£58,704 £552 34
    1996£46,268 £406 21
    1995£52,811 £513 16
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£540,0002
    2023£427,778 £2,489 9
    2022£348,667 £2,641 6
    2021£356,512 £2,517 8
    2020£383,150 £2,623 10
    2019£385,000 £3,570 2
    2018£274,000 £2,570 5
    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£257,143 £1,984 7
    2010£222,500 £2,675 6
    2009£287,583 £1,813 6
    2008£378,375 £2,586 4
    2007£187,575 £1,996 6
    2006£258,350 £1,526 10
    2005£339,200 £2,590 5
    2004£265,086 £1,865 11
    2003£166,500 £1,384 8
    2002£177,889 £1,243 9
    2001£118,800 £855 5
    2000£123,483 £773 3
    1999£120,141 £1,002 11
    1998£123,207 £579 7
    1997£115,408 £1,007 6
    1996£113,675 £738 8
    1995£133,500 £593 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£190,6254
    2023£186,812 £2,005 16
    2022£208,134 £2,179 19
    2021£177,728 £1,934 30
    2020£206,564 £2,197 18
    2019£167,971 £1,662 17
    2018£171,019 £1,606 27
    2017£149,421 £1,634 19
    2016£146,833 £1,571 18
    2015£150,762 £1,727 17
    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£185,958 £1,706 12
    2009£164,375 £1,495 6
    2008£144,286 £1,218 7
    2007£148,811 £1,809 19
    2006£143,072 £1,456 22
    2005£165,576 £1,505 17
    2004£137,632 £1,328 14
    2003£105,542 £1,020 20
    2002£79,927 £700 20
    2001£63,157 £818 13
    2000£57,535 £604 13
    1999£67,246 £710 12
    1998£72,418 £596 19
    1997£59,496 £591 25
    1996£64,234 £670 16
    1995£55,889 £618 9
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£235,0002
    2023£142,0001
    2022£334,000 £2,550 1
    2021£64,345 £805 2
    2020£8,250,000 £137,500 1
    2018£85,875 £882 4
    2017£150,0001
    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
    2018£46,000 £807 1
    2016£109,5002
    2015£69,950 £1,488 1
    2014£119,500 £1,598 2
    2013£69,950 £1,488 1
    2012£69,0001
    2011£65,500 £1,429 2
    2006£169,000 £1,310 1
    2004£106,333 £1,084 3
    2002£49,167 £368 3
    1999£25,000 £391 1
    1997£20,000 £431 1
    1995£25,0001

    House Type in NE40 3BL area

    The most common house types in the NE40 3BL postcode area are Terraced (52), Detached (42), and Semi-detached (35).

    Total130
    Terraced52
    Detached42
    Semi-detached35
    commercial building1
    Flat0
    Shared house0
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (70), and Owned: Owns with a mortgage or loan (47).

    Owned: Owns outright70
    Owned: Owns with a mortgage or loan47
    Private rented: Private landlord or letting agency9
    Social rented: Rents from council or Local Authority2
    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 3BL have 2 people in household (56), and 1 person in household (34).

    2 people in household56
    1 person in household34
    4 people in household17
    3 people in household15
    5 people in household6
    6 people in household1
    0 people in household0
    7 people in household0
    8 or more people in household0