Housing Market Analysis for NE40 3EL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE40 3EL Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £104,475 median price is £105,000 Standard Deviation is £48,955 with Total Sold: 483
      • The Last 5 Year average price is £141,532 with Total Sold: 84
      • 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)
    • Terraced
      • The average price is around £82,653 median price is £78,000 Standard Deviation is £43,650 with Total Sold: 488
      • The Last 5 Year average price is £122,064 with Total Sold: 70
      • The most recent sale happened at this postcode is , 74 LOW ROW: £80,000 (Sold on 29 Jul 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 £148,854 median price is £125,000 Standard Deviation is £75,908 with Total Sold: 377
      • The Last 5 Year average price is £255,406 with Total Sold: 40
      • The most recent sale happened at this postcode is , 8 BISHOPS DRIVE: £235,000 (Sold on 24 Jun 2024)
      • The first recorded sale happened at this postcode is , 11 ASHTON COURT: £86,500 (Sold on 20 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: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£170,7147
    2023£144,542 £1,860 12
    2022£132,353 £1,756 17
    2021£145,367 £1,683 23
    2020£123,481 £1,499 13
    2019£146,708 £1,700 12
    2018£136,404 £1,623 11
    2017£117,529 £1,421 17
    2016£153,830 £2,005 10
    2015£140,626 £1,838 19
    2014£114,081 £1,457 24
    2013£134,000 £1,634 10
    2012£114,406 £1,422 16
    2011£150,893 £1,790 14
    2010£115,917 £1,604 6
    2009£129,688 £1,584 16
    2008£131,125 £1,972 8
    2007£133,398 £1,602 22
    2006£129,400 £1,608 16
    2005£121,197 £1,543 19
    2004£91,009 £1,208 22
    2003£82,865 £1,184 20
    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: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£126,250 £1,757 8
    2023£147,500 £1,965 9
    2022£126,423 £1,477 13
    2021£138,121 £1,684 12
    2020£102,054 £1,159 19
    2019£107,444 £1,602 9
    2018£112,490 £1,589 10
    2017£110,250 £1,287 10
    2016£110,550 £1,122 9
    2015£127,069 £1,570 13
    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£41,134 £545 22
    1997£38,454 £456 23
    1996£41,186 £471 19
    1995£40,236 £504 18
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£240,0002
    2023£347,500 £2,400 2
    2022£260,667 £2,920 9
    2021£260,614 £2,450 11
    2020£207,500 £2,797 4
    2019£249,875 £2,442 12
    2018£252,917 £2,485 6
    2017£237,110 £2,368 5
    2016£225,750 £2,345 4
    2015£189,571 £1,919 7
    2014£220,167 £2,308 6
    2013£202,000 £2,118 7
    2012£208,650 £2,288 10
    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£207,278 £1,901 9
    2004£179,132 £1,981 11
    2003£162,972 £1,581 18
    2002£143,718 £1,256 11
    2001£109,996 £1,041 25
    2000£89,253 £913 18
    1999£85,866 £832 21
    1998£90,890 £864 64
    1997£81,333 £811 27
    1996£76,244 £719 18
    1995£84,368 £825 25
    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 3EL area

    The most common house types in the NE40 3EL postcode area are Semi-detached (101), Terraced (19), and Detached (2).

    Total122
    Semi-detached101
    Terraced19
    Detached2
    Flat0
    Shared house0
    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 (56), and Owned: Owns with a mortgage or loan (25).

    Social rented: Rents from council or Local Authority56
    Owned: Owns with a mortgage or loan25
    Private rented: Private landlord or letting agency15
    Social rented: Other social rented14
    Owned: Owns outright11
    Private rented: Other private rented1
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE40 3EL have 1 person in household (45), and 2 people in household (33).

    1 person in household45
    2 people in household33
    3 people in household26
    4 people in household10
    5 people in household5
    6 people in household2
    7 people in household1
    0 people in household0
    8 or more people in household0