Housing Market Analysis for REEDSIDE, NE40 3DB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £302,571 median price is £365,000 Standard Deviation is £107,968 with Total Sold: 7
    • The Last 5 Year average price is £388,125 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 REEDSIDE: £377,500 (Sold on 17 Aug 2022)
    • The first recorded sale happened at this postcode is 2 REEDSIDE: £410,000 (Sold on 16 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3DB 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£371,250 £2,917 2
2021£400,000 £3,306 1
2014£278,000 £2,044 1
1998£142,500 £1,178 1
1997£145,0001
2024£410,0001

All the Sales in the REEDSIDE, NE40 3DB

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

AddressSold DatePrice% Change
1 REEDSIDEDetached, FreeholdArea: 134 Sq.mtrAge: 1983-199017 Aug 2022£377,500First Sale
14 REEDSIDEDetached, FreeholdArea: 121 Sq.mtrAge: 1983-199007 Jun 2022£365,000-8.75%
20 Oct 2021£400,000180.70%
26 Nov 1998£142,500First Sale
9 REEDSIDEDetached, FreeholdArea: 136 Sq.mtrAge: 1976-198207 Mar 2014£278,000First Sale
4 REEDSIDEDetached, Freehold03 Nov 1997£145,000First Sale
2 REEDSIDEDetached, Freehold16 May 2024£410,000First Sale

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

REEDSIDE, NE40 3DB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £137,855 median price is £126,000 Standard Deviation is £79,754 with Total Sold: 197
    • The Last 5 Year average price is £195,499 with Total Sold: 39
    • 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 £127,515 median price is £123,500 Standard Deviation is £60,407 with Total Sold: 363
    • The Last 5 Year average price is £168,081 with Total Sold: 79
    • The most recent sale happened at this postcode is , 58 HEDDON VIEW: £95,500 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 18 CHURCH RISE: £80,000 (Sold on 17 Mar 1995)
  • Detached
    • The average price is around £217,268 median price is £190,000 Standard Deviation is £125,028 with Total Sold: 182
    • The Last 5 Year average price is £350,839 with Total Sold: 42
    • 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 , THE ORCHARD STARGATE LANE: £98,000 (Sold on 21 Apr 1995)
  • Other
    • The average price is around £869,910 median price is £227,500 Standard Deviation is £1,245,635 with Total Sold: 12
    • The Last 5 Year average price is £468,560 with Total Sold: 7
    • The most recent sale happened at this postcode is , 67 DENE CRESCENT: £200,000 (Sold on 22 Sep 2023)
    • 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 £87,928 median price is £89,000 Standard Deviation is £40,066 with Total Sold: 72
    • The Last 5 Year average price is £125,223 with Total Sold: 11
    • The most recent sale happened at this postcode is 18, THE LAWN RYTON VILLAGE: £100,000 (Sold on 15 Sep 2023)
    • The first recorded sale happened at this postcode is , 2 CLIFTON CLOSE: £30,000 (Sold on 09 Jun 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£219,500 £2,339 2
2023£219,286 £2,473 7
2022£185,000 £2,047 8
2021£188,408 £2,137 6
2020£194,562 £1,760 8
2019£185,438 £1,774 8
2018£150,000 £1,680 4
2017£197,564 £1,515 7
2016£263,600 £1,759 5
2015£164,500 £1,648 6
2014£127,167 £1,325 3
2013£174,000 £1,439 3
2012£157,600 £1,496 5
2011£103,750 £1,399 2
2010£155,900 £1,791 5
2009£177,400 £1,687 5
2008£127,800 £1,505 5
2007£173,939 £1,752 9
2006£131,050 £1,446 10
2005£180,200 £1,392 10
2004£137,483 £1,485 6
2003£135,575 £1,930 6
2002£97,658 £727 6
2001£61,875 £713 12
2000£94,781 £752 8
1999£53,421 £575 7
1998£73,506 £667 8
1997£64,281 £580 8
1996£64,068 £615 11
1995£65,207 £594 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£161,7005
2023£176,542 £2,247 12
2022£180,444 £2,197 18
2021£167,879 £2,066 21
2020£153,054 £1,851 14
2019£159,463 £1,941 9
2018£166,502 £1,903 9
2017£163,269 £2,031 13
2016£181,917 £2,161 12
2015£145,425 £1,627 14
2014£136,247 £1,690 18
2013£137,714 £1,681 7
2012£133,000 £1,610 16
2011£167,714 £2,257 7
2010£159,750 £1,957 6
2009£146,607 £1,684 14
2008£132,500 £1,682 5
2007£147,653 £1,821 19
2006£162,673 £1,929 11
2005£123,512 £1,817 13
2004£104,445 £1,015 10
2003£99,742 £1,250 12
2002£80,087 £696 15
2001£75,371 £1,016 12
2000£57,675 £740 14
1999£59,286 £378 7
1998£58,358 £620 18
1997£57,136 £523 11
1996£57,175 £651 14
1995£75,493 £701 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£288,333 £3,750 3
2023£247,000 £2,656 1
2022£302,312 £3,514 8
2021£435,817 £2,634 15
2020£341,429 £2,819 7
2019£284,688 £2,561 8
2018£260,357 £2,684 7
2017£200,888 £2,476 4
2016£192,500 £2,310 4
2015£187,000 £2,319 5
2014£242,500 £2,522 4
2013£187,833 £2,455 6
2012£271,667 £3,123 3
2011£291,700 £2,785 5
2010£288,190 £2,204 5
2009£227,390 £1,864 5
2008£298,738 £2,089 4
2007£200,1124
2006£267,500 £2,223 3
2005£246,917 £2,412 6
2004£188,636 £2,133 7
2003£203,667 £1,589 6
2002£128,552 £1,379 10
2001£127,857 £1,071 7
2000£106,156 £1,198 9
1999£95,843 £763 7
1998£125,000 £734 8
1997£103,661 £939 9
1996£81,083 £631 6
1995£80,000 £1,017 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£200,0001
2022£1,068,960 £3,023 2
2021£128,500 £740 2
2020£342,500 £1,022 2
2018£63,500 £1,155 2
2017£1,831,000 £2,700 2
2014£3,370,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,000 £1,754 1
2022£92,000 £1,499 4
2021£166,112 £1,382 4
2020£125,000 £2,155 1
2019£120,0001
2018£126,667 £1,564 3
2017£107,500 £1,739 2
2016£115,630 £1,897 2
2015£91,082 £1,588 4
2014£86,800 £1,442 5
2013£82,000 £1,323 1
2012£97,500 £1,727 2
2011£76,500 £1,529 2
2010£99,667 £1,824 3
2009£114,000 £1,823 1
2007£68,500 £1,744 2
2005£100,500 £1,289 5
2004£104,590 £1,761 5
2003£82,333 £1,511 3
2002£62,790 £1,035 5
2001£32,000 £821 1
2000£56,167 £973 3
1999£50,738 £940 4
1997£43,240 £690 5
1996£67,7501
1995£37,475 £817 2

House Type in NE40 3DB area

The most common house types in the NE40 3DB postcode area are Detached (62), Terraced (43), and Semi-detached (31).

Total138
Detached62
Terraced43
Semi-detached31
Flat1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (98), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright98
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency5
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
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 3DB have 2 people in household (66), and 1 person in household (47).

2 people in household66
1 person in household47
3 people in household12
4 people in household12
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0