Housing Market Analysis for KING EDWARD ROAD, NE40 3EJ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £64,033 median price is £59,950 Standard Deviation is £27,909 with Total Sold: 27
    • The Last 5 Year average price is £100,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 KING EDWARD ROAD: £115,000 (Sold on 26 Jul 2021)
    • The first recorded sale happened at this postcode is 3 KING EDWARD ROAD: £24,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £126,250 median price is £141,500 Standard Deviation is £61,624 with Total Sold: 6
    • The Last 5 Year average price is £192,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 KING EDWARD ROAD: £185,000 (Sold on 17 May 2019)
    • The first recorded sale happened at this postcode is 1 KING EDWARD ROAD: £200,000 (Sold on 05 Aug 2024)
  • Detached
    • The average price is around £39,500 median price is £39,500 Standard Deviation is £4,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 19 KING EDWARD ROAD: £44,000 (Sold on 01 Sep 2000)
    • The first recorded sale happened at this postcode is 19 KING EDWARD ROAD: £35,000 (Sold on 21 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3EJ 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
2021£115,000 £1,438 1
2020£85,000 £1,062 1
2017£96,000 £1,239 1
2012£70,000 £903 1
2010£102,000 £1,275 1
2009£86,500 £1,344 2
2008£100,0001
2007£114,000 £2,073 1
2005£108,000 £1,964 1
2003£70,000 £985 2
2002£59,975 £1,000 2
2001£44,983 £782 3
2000£40,500 £572 3
1999£38,500 £727 2
1998£37,500 £457 3
1997£36,000 £610 1
1995£24,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£185,000 £1,063 1
2011£133,000 £764 1
2006£150,000 £862 1
2003£45,000 £259 1
1998£44,5001
2024£200,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£44,000 £793 1
1997£35,000 £417 1

All the Sales in the KING EDWARD ROAD, NE40 3EJ

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

AddressSold DatePrice% Change
8 KING EDWARD ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1900-192926 Jul 2021£115,00012.75%
02 Jul 2010£102,000140.00%
15 Dec 2000£42,50032.81%
06 Feb 1998£32,000First Sale
11 KING EDWARD ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1900-192923 Nov 2020£85,000First Sale
1 KING EDWARD ROADSemi-Detached, FreeholdArea: 174 Sq.mtrAge: 1900-192917 May 2019£185,00039.10%
11 Feb 2011£133,000-11.33%
14 Jan 2006£150,000233.33%
10 Jan 2003£45,000-77.50%
05 Aug 2024£200,000First Sale
13 KING EDWARD ROADTerraced, FreeholdArea: 77.5 Sq.mtrAge: 1900-192902 Nov 2017£96,00037.14%
01 Nov 2012£70,00084.21%
25 May 2000£38,000First Sale
15 KING EDWARD ROADTerraced, FreeholdArea: 55 Sq.mtrAge: 1983-199006 Nov 2009£85,000-25.44%
24 Aug 2007£114,0005.56%
13 May 2005£108,00080.15%
26 Apr 2002£59,95026.21%
06 Jul 2001£47,50018.75%
09 Apr 1999£40,000First Sale
12 KING EDWARD ROADTerraced, FreeholdArea: 77 Sq.mtrAge: before 190006 Mar 2009£88,00025.71%
10 Jun 2003£70,000First Sale
10 KING EDWARD ROADTerraced, Freehold23 May 2008£100,000First Sale
16 KING EDWARD ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 1983-199017 Jan 2003£70,00016.67%
12 Sep 2002£60,00029.73%
23 Mar 2001£46,250First Sale
5 KING EDWARD ROADTerraced, Freehold02 Feb 2001£41,2009.87%
24 Apr 1998£37,500First Sale
19 KING EDWARD ROADDetached, FreeholdArea: 55.5 Sq.mtrAge: 1983-199001 Sep 2000£44,00025.71%
21 Mar 1997£35,000First Sale
20 KING EDWARD ROADTerraced, FreeholdArea: 59 Sq.mtrAge: 1991-199531 Aug 2000£41,00013.89%
13 Jun 1997£36,000First Sale
9 KING EDWARD ROADTerraced, Freehold29 Jun 1999£37,000First Sale
3 KING EDWARD ROADTerraced, Freehold20 Nov 1998£43,00079.17%
17 Feb 1995£24,000First Sale
14 KING EDWARD ROADSemi-Detached, Freehold13 Mar 1998£44,500First Sale

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

KING EDWARD ROAD, NE40 3EJ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £81,300 median price is £78,000 Standard Deviation is £41,903 with Total Sold: 478
    • The Last 5 Year average price is £118,738 with Total Sold: 67
    • 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 , 1 SIMPSON STREET: £38,000 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £146,610 median price is £117,500 Standard Deviation is £75,759 with Total Sold: 353
    • The Last 5 Year average price is £259,393 with Total Sold: 35
    • The most recent sale happened at this postcode is , 1 LESLIE CLOSE: £325,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 11 ASHTON COURT: £86,500 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £103,760 median price is £104,000 Standard Deviation is £48,669 with Total Sold: 470
    • The Last 5 Year average price is £141,794 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 , 5 DUNLIN CLOSE: £66,950 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £470,260 median price is £260,000 Standard Deviation is £479,593 with Total Sold: 15
    • The Last 5 Year average price is £504,703 with Total Sold: 7
    • The most recent sale happened at this postcode is , 12A SANDERLING CLOSE: £205,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , SWIFT SWEEPER STARGATE INDUSTRIAL ESTATE: £1,066,978 (Sold on 10 Dec 2013)
  • Flat
    • The average price is around £55,026 median price is £52,000 Standard Deviation is £31,083 with Total Sold: 34
    • The Last 5 Year average price is £54,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , 10 INLEBOROUGH DRIVE: £54,500 (Sold on 11 Dec 2019)
    • The first recorded sale happened at this postcode is , 34 SILVERMERE DRIVE: £39,950 (Sold on 24 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£126,750 £1,466 8
2023£147,500 £1,965 9
2022£120,458 £1,391 12
2021£132,041 £1,663 11
2020£97,168 £1,122 18
2019£107,444 £1,602 9
2018£112,490 £1,589 10
2017£101,944 £1,209 9
2016£110,550 £1,122 9
2015£111,355 £1,531 11
2014£98,875 £1,387 12
2013£100,745 £1,379 10
2012£101,962 £1,293 13
2011£96,875 £1,503 4
2010£94,518 £1,351 14
2009£110,111 £1,208 9
2008£105,250 £1,378 11
2007£125,787 £1,586 19
2006£112,515 £1,547 26
2005£108,211 £1,416 16
2004£95,343 £1,201 21
2003£73,054 £1,107 25
2002£57,422 £830 25
2001£45,847 £704 35
2000£43,681 £527 26
1999£42,493 £612 28
1998£39,688 £545 21
1997£38,454 £456 23
1996£37,973 £454 17
1995£38,838 £485 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£281,2504
2023£347,500 £2,400 2
2022£261,571 £2,541 7
2021£260,614 £2,450 11
2020£205,000 £2,491 2
2019£239,000 £2,241 9
2018£251,000 £2,112 5
2017£242,388 £2,473 4
2016£199,333 £2,097 3
2015£182,833 £1,827 6
2014£225,200 £2,178 5
2013£196,500 £1,946 6
2012£207,944 £2,204 9
2011£193,500 £2,249 5
2010£251,992 £2,088 6
2009£202,105 £2,036 9
2008£301,238 £1,986 4
2007£216,265 £2,092 13
2006£228,500 £2,219 8
2005£192,357 £1,901 7
2004£177,545 £1,864 10
2003£162,972 £1,581 18
2002£143,718 £1,256 11
2001£108,039 £1,006 23
2000£89,253 £913 18
1999£85,857 £832 19
1998£90,890 £864 64
1997£81,001 £772 25
1996£76,244 £719 18
1995£84,645 £754 22
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,7147
2023£143,269 £1,860 13
2022£130,333 £1,696 15
2021£149,672 £1,727 20
2020£123,481 £1,499 13
2019£144,590 £1,694 11
2018£132,544 £1,551 10
2017£117,529 £1,421 17
2016£153,830 £2,005 10
2015£142,828 £1,874 18
2014£114,081 £1,457 24
2013£131,222 £1,634 9
2012£114,406 £1,422 16
2011£142,654 £1,772 13
2010£115,917 £1,604 6
2009£131,000 £1,614 15
2008£131,125 £1,972 8
2007£135,940 £1,648 21
2006£129,400 £1,608 16
2005£121,197 £1,543 19
2004£91,009 £1,208 22
2003£85,183 £1,211 18
2002£67,034 £904 26
2001£55,933 £691 18
2000£55,800 £721 21
1999£46,433 £688 23
1998£49,326 £584 27
1997£49,038 £574 13
1996£48,269 £507 13
1995£58,731 £721 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,0001
2022£837,640 £2,861 3
2021£1,000 £16 1
2020£100,000 £298 1
2019£714,0001
2018£245,000 £1,845 2
2017£245,0001
2016£258,0002
2015£601,5002
2013£1,066,9781
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£54,500 £1,096 1
2018£122,500 £1,204 2
2015£54,500 £1,148 2
2014£50,250 £1,119 2
2012£67,500 £1,184 1
2008£85,500 £2,250 1
2007£82,800 £1,584 5
2005£85,750 £1,289 2
2004£76,500 £2,013 2
2003£60,000 £1,579 1
2002£25,7501
2001£32,000 £821 1
2000£34,475 £615 2
1999£23,167 £500 3
1998£32,000 £911 2
1997£18,5001
1996£21,625 £444 2
1995£29,483 £888 3

House Type in NE40 3EJ area

The most common house types in the NE40 3EJ postcode area are Terraced (118), Semi-detached (3), and Flat (2).

Total123
Terraced118
Semi-detached3
Flat2
Detached0
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 with a mortgage or loan (51), and Owned: Owns outright (50).

Owned: Owns with a mortgage or loan51
Owned: Owns outright50
Private rented: Private landlord or letting agency19
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3EJ have 2 people in household (46), and 1 person in household (39).

2 people in household46
1 person in household39
3 people in household24
4 people in household11
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0