Housing Market Analysis for SIMPSON STREET, NE40 3EP

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

Overview of Sold House prices

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

Terraced
- The average price is around £74,878 median price is £80,500 Standard Deviation is £34,126 with Total Sold: 52
- The Last 5 Year average price is £104,643 with Total Sold: 7
- The most recent sale happened at this postcode is 1 SIMPSON STREET: £186,500 (Sold on 18 Dec 2023)
- The first recorded sale happened at this postcode is 1 SIMPSON STREET: £38,000 (Sold on 03 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3EP 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£186,500	£1,402	1
2022	£95,000	£1,168	1
2020	£92,250	£977	4
2019	£82,000	£946	1
2018	£90,500	£1,048	2
2017	£114,750	£1,363	2
2014	£82,125	£958	4
2013	£87,000	£1,064	1
2012	£110,750	£931	2
2010	£101,917	£1,235	3
2009	£129,000	£969	1
2008	£91,500	£1,078	2
2007	£99,000	£1,117	1
2006	£71,000	£846	2
2005	£116,000	£872	1
2004	£85,625	£946	4
2003	£56,350	£599	2
2002	£45,750	£545	2
2000	£43,300	£426	4
1999	£34,800	£378	5
1998	£34,000	£314	2
1997	£33,500	£292	2
1996	£35,000	£428	1
1995	£37,500	£356	2

All the Sales in the SIMPSON STREET, NE40 3EP

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

Address	Sold Date	Price	% Change
1 SIMPSON STREETTerraced, FreeholdArea: 133.06 Sq.mtrAge: 1900-1929	18 Dec 2023	£186,500	44.57%
	13 Nov 2009	£129,000	11.21%
	16 Sep 2005	£116,000	22.11%
	06 Aug 2004	£95,000	66.67%
	13 May 2003	£57,000	22.58%
	04 Aug 2000	£46,500	22.37%
	03 Feb 1995	£38,000	First Sale
9 SIMPSON STREETTerraced, FreeholdArea: 81.36 Sq.mtrAge: 1900-1929	08 Jul 2022	£95,000	-12.64%
	17 Dec 2010	£108,750	14.47%
	16 Jan 2004	£95,000	70.56%
	18 Jun 2003	£55,700	First Sale
36 SIMPSON STREETTerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	10 Nov 2020	£85,000	93.40%
	18 Aug 2000	£43,950	First Sale
34 SIMPSON STREETTerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	24 Jul 2020	£81,000	-4.71%
	03 Sep 2010	£85,000	First Sale
40 SIMPSON STREETTerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	27 Jan 2020	£85,000	214.81%
	26 Jun 1998	£27,000	First Sale
35 SIMPSON STREETTerraced, FreeholdArea: 117.75 Sq.mtrAge: 1900-1929	08 Jan 2020	£118,000	9.26%
	26 Jul 2012	£108,000	140.00%
	02 Sep 1997	£45,000	First Sale
10 SIMPSON STREETTerraced, FreeholdArea: 86.71 Sq.mtrAge: before 1900	21 Jun 2019	£82,000	11.56%
	19 Sep 2014	£73,500	-14.53%
	30 Sep 2008	£86,000	First Sale
27 SIMPSON STREETTerraced, FreeholdArea: 88.66 Sq.mtrAge: 1900-1929	30 Nov 2018	£105,000	6.06%
	16 Mar 2007	£99,000	First Sale
5 SIMPSON STREETTerraced, FreeholdArea: 83.3 Sq.mtrAge: 1900-1929	22 Jun 2018	£76,000	-21.65%
	27 May 2008	£97,000	First Sale
18 SIMPSON STREETTerraced, FreeholdArea: 80.48 Sq.mtrAge: 1900-1929	23 Aug 2017	£117,500	4.91%
	30 Jul 2010	£112,000	292.98%
	11 Oct 1999	£28,500	First Sale
29 SIMPSON STREETTerraced, FreeholdArea: 88.4 Sq.mtrAge: 1900-1929	03 Feb 2017	£112,000	40.00%
	04 Apr 2014	£80,000	First Sale
17 SIMPSON STREETTerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	26 Sep 2014	£78,000	First Sale
14 SIMPSON STREETTerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	26 Sep 2014	£97,000	-4.90%
	27 Feb 2006	£102,000	179.45%
	01 Apr 1999	£36,500	First Sale
21 SIMPSON STREETTerraced, FreeholdArea: 81.76 Sq.mtrAge: 1900-1929	07 Jun 2013	£87,000	121.66%
	14 Jan 2000	£39,250	12.14%
	09 Feb 1996	£35,000	First Sale
33 SIMPSON STREETTerraced, FreeholdArea: 120.21 Sq.mtrAge: 1900-1929	18 May 2012	£113,500	16.41%
	19 Jul 2004	£97,500	124.14%
	11 Jul 2000	£43,500	First Sale
44 SIMPSON STREETTerraced, FreeholdArea: 89.28 Sq.mtrAge: 1900-1929	18 Aug 2006	£40,000	First Sale
26 SIMPSON STREETTerraced, Freehold	12 Jan 2004	£55,000	First Sale
42 SIMPSON STREETTerraced, FreeholdArea: 89 Sq.mtrAge: 1930-1949	12 Jul 2002	£48,500	31.08%
	29 Sep 1995	£37,000	First Sale
7 SIMPSON STREETTerraced, Freehold	11 Jan 2002	£43,000	First Sale
23 SIMPSON STREETTerraced, FreeholdArea: 100 Sq.mtrAge: 1900-1929	17 Dec 1999	£42,000	First Sale
3 SIMPSON STREETTerraced, FreeholdArea: 109 Sq.mtrAge: 1900-1929	29 Nov 1999	£32,000	45.45%
	08 Dec 1997	£22,000	First Sale
22 SIMPSON STREETTerraced, Freehold	27 Aug 1999	£35,000	-14.63%
22 SIMPSON STREETTerraced, Freehold	24 Jul 1998	£41,000	First Sale

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

SIMPSON STREET, NE40 3EP Near By properties

Interactive Map

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

Terraced
- The average price is around £81,882 median price is £79,500 Standard Deviation is £41,970 with Total Sold: 469
- The Last 5 Year average price is £120,968 with Total Sold: 64
- 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 £151,578 median price is £125,000 Standard Deviation is £80,829 with Total Sold: 380
- The Last 5 Year average price is £266,076 with Total Sold: 43
- 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 £105,295 median price is £105,000 Standard Deviation is £49,748 with Total Sold: 441
- The Last 5 Year average price is £142,707 with Total Sold: 76
- 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 £64,674 median price is £60,000 Standard Deviation is £31,936 with Total Sold: 21
- The most recent sale happened at this postcode is , 61 LOW ROW: £140,000 (Sold on 27 Apr 2018)
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£126,750	£1,466	8
2023	£147,500	£1,965	9
2022	£120,458	£1,391	12
2021	£137,745	£1,663	10
2020	£100,658	£1,155	16
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	£111,558	£1,442	15
2004	£95,343	£1,201	21
2003	£73,928	£1,152	23
2002	£57,422	£830	25
2001	£46,607	£724	34
2000	£43,681	£527	26
1999	£42,493	£612	28
1998	£39,688	£545	21
1997	£39,613	£456	22
1996	£37,973	£454	17
1995	£39,516	£485	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£281,250		4
2023	£425,000	£2,383	3
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	£277,500	£2,358	7
2017	£242,388	£2,473	4
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	£87,531	£832	22
1998	£90,890	£864	64
1997	£81,333	£811	27
1996	£76,244	£719	18
1995	£84,758	£842	24

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£170,714		7
2023	£143,269	£1,860	13
2022	£130,333	£1,696	15
2021	£152,636	£1,775	18
2020	£123,481	£1,499	13
2019	£148,050	£1,719	10
2018	£136,555	£1,569	8
2017	£116,906	£1,413	16
2016	£153,830	£2,005	10
2015	£147,244	£1,966	16
2014	£114,650	£1,454	23
2013	£131,222	£1,634	9
2012	£114,367	£1,423	15
2011	£150,893	£1,790	14
2010	£115,917	£1,604	6
2009	£143,818	£1,732	11
2008	£131,125	£1,972	8
2007	£137,488	£1,675	20
2006	£133,419	£1,668	13
2005	£121,197	£1,543	19
2004	£91,145	£1,231	19
2003	£85,491	£1,211	17
2002	£67,676	£916	25
2001	£57,400	£726	17
2000	£56,265	£747	20
1999	£49,098	£731	20
1998	£50,377	£584	26
1997	£49,038	£574	13
1996	£49,625	£523	12
1995	£58,731	£721	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£205,000		1
2022	£837,640	£2,861	3
2021	£1,000	£16	1
2020	£100,000	£298	1
2019	£714,000		1
2018	£245,000	£1,845	2
2017	£245,000		1
2016	£258,000		2
2015	£601,500		2
2013	£1,066,978		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£122,500	£1,204	2
2015	£58,000	£1,270	1
2014	£53,000	£1,359	1
2008	£85,500	£2,250	1
2007	£88,333	£1,744	3
2005	£85,750	£1,289	2
2004	£76,500	£2,013	2
2003	£60,000	£1,579	1
2001	£32,000	£821	1
2000	£34,475	£615	2
1999	£32,000	£821	1
1998	£41,000	£911	1
1996	£23,250		1
1995	£34,975	£888	2

House Type in NE40 3EP area

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

Total	123
Terraced	118
Semi-detached	3
Flat	2
Detached	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

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 loan	51
Owned: Owns outright	50
Private rented: Private landlord or letting agency	19
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

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

2 people in household	46
1 person in household	39
3 people in household	24
4 people in household	11
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0