Housing Market Analysis for THE LONNEN, NE40 3EY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £164,820 median price is £161,975 Standard Deviation is £21,427 with Total Sold: 10
    • The Last 5 Year average price is £184,738 with Total Sold: 4
    • The most recent sale happened at this postcode is 20 THE LONNEN: £185,000 (Sold on 21 May 2024)
    • The first recorded sale happened at this postcode is 16 THE LONNEN: £164,000 (Sold on 11 Dec 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3EY 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,0001
2023£212,000 £1,981 1
2021£170,975 £1,729 2
2017£143,000 £1,571 1
2016£150,750 £2,650 3
2015£157,000 £3,305 2

All the Sales in the THE LONNEN, NE40 3EY

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

AddressSold DatePrice% Change
20 THE LONNENSemi-Detached, Freehold21 May 2024£185,00015.66%
16 Jul 2021£159,95011.66%
12 Aug 2016£143,250First Sale
16 THE LONNENSemi-Detached, FreeholdArea: 107 Sq.mtr20 Mar 2023£212,00016.48%
12 Apr 2021£182,00010.98%
11 Dec 2015£164,000First Sale
19 THE LONNENSemi-Detached, FreeholdArea: 91 Sq.mtr24 Mar 2017£143,000First Sale
18 THE LONNENSemi-Detached, FreeholdArea: 29.65 Sq.mtrAge: 1976-198205 Aug 2016£143,000First Sale
15 THE LONNENSemi-Detached, FreeholdArea: 107 Sq.mtr24 Mar 2016£166,000First Sale
17 THE LONNENSemi-Detached, FreeholdArea: 29.54 Sq.mtrAge: 1976-198211 Dec 2015£150,000First Sale

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

THE LONNEN, NE40 3EY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £82,015 median price is £79,500 Standard Deviation is £42,504 with Total Sold: 441
    • The Last 5 Year average price is £123,838 with Total Sold: 59
    • 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 £155,173 median price is £136,000 Standard Deviation is £85,864 with Total Sold: 237
    • The Last 5 Year average price is £275,117 with Total Sold: 30
    • 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 £105,721 median price is £103,000 Standard Deviation is £50,576 with Total Sold: 412
    • The Last 5 Year average price is £146,114 with Total Sold: 66
    • 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 £404,846 median price is £200,000 Standard Deviation is £606,513 with Total Sold: 7
    • The Last 5 Year average price is £440,653 with Total Sold: 6
    • 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 , 14B HAWTHORN GARDENS: £190,000 (Sold on 02 Nov 2018)
  • Flat
    • The average price is around £62,482 median price is £60,000 Standard Deviation is £27,644 with Total Sold: 19
    • The most recent sale happened at this postcode is , 60 HEDDON VIEW: £105,000 (Sold on 24 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£141,500 £1,466 6
2023£159,938 £2,096 8
2022£123,000 £1,420 11
2021£138,606 £1,709 9
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£116,564 £1,185 7
2015£117,489 £1,683 9
2014£100,773 £1,430 11
2013£99,161 £1,408 9
2012£101,962 £1,293 13
2011£103,833 £1,671 3
2010£96,688 £1,433 12
2009£117,143 £1,335 7
2008£105,775 £1,371 10
2007£131,468 £1,663 17
2006£112,515 £1,547 26
2005£113,714 £1,442 14
2004£91,697 £1,183 19
2003£78,255 £1,255 20
2002£57,190 £830 24
2001£46,607 £724 34
2000£44,248 £539 25
1999£42,493 £612 28
1998£39,688 £545 21
1997£40,309 £456 21
1996£37,973 £454 17
1995£39,516 £485 16
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,0002
2023£425,000 £2,383 3
2022£254,200 £3,541 5
2021£282,667 £2,219 6
2020£206,250 £2,546 4
2019£261,650 £2,414 10
2018£305,833 £2,849 3
2017£251,517 £2,302 3
2016£229,333 £2,254 3
2015£186,000 £1,898 4
2014£220,167 £2,308 6
2013£213,250 £2,313 4
2012£226,667 £2,312 3
2011£185,625 £2,085 4
2010£257,988 £2,134 4
2009£210,564 £2,049 7
2008£287,475 £2,138 2
2007£210,990 £2,344 5
2006£224,917 £2,206 6
2005£215,786 £1,985 7
2004£170,786 £2,080 7
2003£163,750 £1,529 12
2002£135,994 £1,242 8
2001£113,600 £1,047 15
2000£80,212 £800 8
1999£82,703 £806 16
1998£96,703 £845 31
1997£74,556 £803 8
1996£76,244 £719 18
1995£84,443 £842 23
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£179,6676
2023£152,400 £1,990 10
2022£130,357 £1,713 14
2021£159,097 £1,848 15
2020£122,686 £1,517 11
2019£148,050 £1,719 10
2018£131,206 £1,569 7
2017£119,033 £1,447 15
2016£153,830 £2,005 10
2015£147,244 £1,966 16
2014£114,409 £1,461 22
2013£132,875 £1,656 8
2012£116,464 £1,447 14
2011£150,893 £1,790 14
2010£115,917 £1,604 6
2009£153,000 £1,804 9
2008£133,429 £2,184 7
2007£141,926 £1,719 17
2006£135,246 £1,705 12
2005£121,197 £1,543 19
2004£90,656 £1,236 18
2003£85,491 £1,211 17
2002£69,432 £932 23
2001£59,550 £777 16
2000£58,433 £782 18
1999£49,098 £731 20
1998£51,032 £605 25
1997£49,038 £574 13
1996£49,625 £523 12
1995£58,731 £721 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,0001
2022£1,068,960 £3,023 2
2021£100,500 £16 2
2020£100,000 £298 1
2018£190,000 £1,845 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£105,000 £1,364 1
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£37,950 £999 1
1999£32,000 £821 1
1998£41,000 £911 1
1996£23,2501
1995£34,975 £888 2

House Type in NE40 3EY area

The most common house types in the NE40 3EY postcode area are Semi-detached (69), Terraced (33), and Detached (25).

Total127
Semi-detached69
Terraced33
Detached25
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 (58), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright58
Owned: Owns with a mortgage or loan43
Private rented: Private landlord or letting agency11
Social rented: Rents from council or Local Authority8
Private rented: Other private rented4
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3EY have 2 people in household (58), and 1 person in household (34).

2 people in household58
1 person in household34
3 people in household19
4 people in household12
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0