Housing Market Analysis for OLIVE COURT, NE40 3BU

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

Overview of Sold House prices

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

  • Other
    • The average price is around £585,000 median price is £585,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £585,000 with Total Sold: 1
    • The most recent sale happened at this postcode is RYTON COUNTRY HOUSE OLIVE COURT: £585,000 (Sold on 23 Oct 2020)
    • The first recorded sale happened at this postcode is RYTON COUNTRY HOUSE OLIVE COURT: £585,000 (Sold on 23 Oct 2020)
  • Detached
    • The average price is around £552,500 median price is £552,500 Standard Deviation is £52,500 with Total Sold: 2
    • The Last 5 Year average price is £552,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 OLIVE COURT: £605,000 (Sold on 14 Sep 2020)
    • The first recorded sale happened at this postcode is 2 OLIVE COURT: £500,000 (Sold on 11 Sep 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3BU 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£585,000 £1,746 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£552,500 £1,973 2

All the Sales in the OLIVE COURT, NE40 3BU

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

AddressSold DatePrice% Change
RYTON COUNTRY HOUSE OLIVE COURTOther, FreeholdArea: 335 Sq.mtr23 Oct 2020£585,000First Sale
3 OLIVE COURTDetached, FreeholdArea: 268 Sq.mtr14 Sep 2020£605,000First Sale
2 OLIVE COURTDetached, FreeholdArea: 296 Sq.mtr11 Sep 2020£500,000First Sale

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

OLIVE COURT, NE40 3BU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £142,349 median price is £129,950 Standard Deviation is £87,387 with Total Sold: 525
    • The Last 5 Year average price is £199,438 with Total Sold: 105
    • The most recent sale happened at this postcode is , 6 HOLBURN TERRACE: £221,500 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 WALLACE TERRACE: £64,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £134,892 median price is £119,475 Standard Deviation is £94,022 with Total Sold: 418
    • The Last 5 Year average price is £190,279 with Total Sold: 91
    • The most recent sale happened at this postcode is , 17 DENE CLOSE: £245,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 TOWER GARDENS: £44,500 (Sold on 01 Mar 1995)
  • Detached
    • The average price is around £236,464 median price is £200,000 Standard Deviation is £140,969 with Total Sold: 230
    • The Last 5 Year average price is £383,766 with Total Sold: 52
    • The most recent sale happened at this postcode is , 2 REEDSIDE: £410,000 (Sold on 16 May 2024)
    • The first recorded sale happened at this postcode is , 6 NORTH CLOSE: £87,000 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £921,888 median price is £200,000 Standard Deviation is £1,834,023 with Total Sold: 23
    • The Last 5 Year average price is £1,094,993 with Total Sold: 12
    • 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 , CO-OPERATIVE RETAIL SERVICES LTD PARSONS DRIVE: £3,370,000 (Sold on 07 May 2014)
  • Flat
    • The average price is around £92,404 median price is £86,500 Standard Deviation is £42,371 with Total Sold: 88
    • The Last 5 Year average price is £110,941 with Total Sold: 18
    • 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 , 10 MEADOW WALK: £44,950 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£274,509 £2,339 8
2023£198,492 £2,076 21
2022£192,013 £1,972 23
2021£183,629 £1,869 19
2020£194,435 £1,643 18
2019£198,216 £1,818 16
2018£158,212 £1,420 17
2017£192,992 £1,701 19
2016£205,200 £1,773 15
2015£166,867 £1,782 15
2014£196,559 £1,462 17
2013£151,818 £1,357 11
2012£171,450 £1,607 10
2011£169,889 £1,541 9
2010£172,833 £1,715 12
2009£182,833 £1,641 12
2008£146,423 £1,570 13
2007£207,079 £1,675 17
2006£159,611 £1,532 22
2005£170,729 £1,462 20
2004£191,841 £1,406 16
2003£125,232 £1,204 19
2002£74,724 £712 23
2001£71,626 £734 30
2000£75,573 £583 22
1999£59,817 £559 23
1998£60,517 £535 18
1997£65,900 £556 18
1996£52,819 £485 27
1995£61,727 £556 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£178,2504
2023£195,767 £2,173 15
2022£225,875 £2,326 24
2021£153,568 £1,940 25
2020£198,227 £2,131 11
2019£185,431 £1,977 12
2018£154,279 £1,609 20
2017£157,464 £2,158 14
2016£165,972 £1,805 18
2015£149,342 £1,649 13
2014£145,154 £1,752 13
2013£118,071 £1,514 7
2012£129,500 £1,593 16
2011£190,615 £1,794 13
2010£195,050 £1,897 10
2009£157,727 £1,566 11
2008£147,500 £1,449 3
2007£146,226 £2,008 17
2006£138,356 £1,665 16
2005£159,050 £1,498 11
2004£132,358 £1,141 12
2003£95,432 £1,061 19
2002£85,109 £622 11
2001£70,716 £1,071 16
2000£65,545 £760 11
1999£56,954 £581 12
1998£70,909 £648 22
1997£58,837 £604 16
1996£61,933 £691 15
1995£64,177 £617 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,000 £3,750 2
2023£378,000 £2,633 6
2022£319,409 £3,265 11
2021£443,575 £2,732 18
2020£421,250 £3,057 10
2019£271,500 £2,738 5
2018£266,250 £2,626 10
2017£207,250 £2,517 4
2016£205,500 £2,216 6
2015£198,333 £2,797 3
2014£252,667 £2,432 3
2013£274,571 £2,383 7
2012£236,400 £2,561 5
2011£311,700 £2,748 5
2010£255,200 £2,345 5
2009£385,0001
2008£388,333 £3,570 3
2007£196,369 £1,696 8
2006£272,125 £2,103 8
2005£257,350 £2,740 10
2004£253,838 £1,844 13
2003£190,750 £1,436 8
2002£142,117 £1,470 13
2001£150,571 £1,176 7
2000£116,235 £1,164 10
1999£109,739 £1,138 14
1998£137,889 £720 9
1997£122,915 £1,025 13
1996£91,643 £668 7
1995£106,167 £910 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,0001
2023£200,0001
2022£823,973 £2,786 3
2021£128,500 £740 2
2020£2,978,333 £46,515 3
2019£553,0002
2018£93,700 £1,232 5
2017£1,270,667 £2,700 3
2016£72,0001
2015£341,0001
2014£3,370,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£84,625 £1,293 4
2022£87,800 £1,459 5
2021£162,890 £1,382 5
2020£102,498 £2,155 2
2019£100,0002
2018£107,000 £1,286 3
2017£128,333 £1,627 3
2016£112,565 £1,897 4
2015£98,666 £1,538 5
2014£111,200 £1,553 5
2013£82,000 £1,323 1
2012£88,000 £1,727 3
2011£75,600 £1,516 5
2010£99,667 £1,824 3
2009£114,000 £1,823 1
2008£177,500 £1,329 2
2007£80,0001
2005£100,812 £1,363 4
2004£95,136 £1,389 7
2003£82,333 £1,511 3
2002£62,790 £1,035 5
2001£29,250 £355 2
2000£56,167 £973 3
1999£56,983 £1,000 3
1997£43,240 £690 5
1996£67,7501
1995£44,950 £817 1

House Type in NE40 3BU area

The most common house types in the NE40 3BU postcode area are Semi-detached (67), Detached (45), and Terraced (9).

Total121
Semi-detached67
Detached45
Terraced9
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (87), and Owned: Owns with a mortgage or loan (20).

Owned: Owns outright87
Owned: Owns with a mortgage or loan20
Social rented: Rents from council or Local Authority4
Private rented: Private landlord or letting agency4
Private rented: Other private rented3
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3BU have 2 people in household (60), and 1 person in household (45).

2 people in household60
1 person in household45
3 people in household7
4 people in household5
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0