Housing Market Analysis for NE40 3HN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £171,500 median price is £171,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is RUNHEAD LODGE: £171,500 (Sold on 24 Oct 2004)
    • The first recorded sale happened at this postcode is RUNHEAD LODGE: £171,500 (Sold on 24 Oct 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3HN 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
2004£171,5001

All the Sales in the NE40 3HN

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

AddressSold DatePrice% Change
RUNHEAD LODGEDetached, Freehold24 Oct 2004£171,500First Sale

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

NE40 3HN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £115,913 median price is £111,000 Standard Deviation is £56,477 with Total Sold: 616
    • The Last 5 Year average price is £159,330 with Total Sold: 119
    • 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 £89,557 median price is £82,000 Standard Deviation is £49,628 with Total Sold: 469
    • The Last 5 Year average price is £136,376 with Total Sold: 69
    • The most recent sale happened at this postcode is , 7 SOUTH GROVE: £85,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 1 SIMPSON STREET: £38,000 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £740,708 median price is £195,000 Standard Deviation is £1,190,157 with Total Sold: 14
    • The Last 5 Year average price is £377,615 with Total Sold: 8
    • 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 , CO-OPERATIVE RETAIL SERVICES LTD PARSONS DRIVE: £3,370,000 (Sold on 07 May 2014)
  • Detached
    • The average price is around £173,055 median price is £159,000 Standard Deviation is £100,890 with Total Sold: 284
    • The Last 5 Year average price is £306,731 with Total Sold: 43
    • 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 , 11 ASHTON COURT: £86,500 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £69,328 median price is £72,000 Standard Deviation is £30,641 with Total Sold: 40
    • The Last 5 Year average price is £76,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 12 MEADOW WALK: £99,000 (Sold on 12 Oct 2021)
    • 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£173,45511
2023£170,088 £2,207 17
2022£158,000 £2,011 28
2021£158,045 £1,919 31
2020£144,044 £1,796 17
2019£159,244 £1,948 15
2018£150,194 £1,791 13
2017£134,456 £1,749 23
2016£169,072 £2,167 18
2015£143,887 £1,884 23
2014£125,079 £1,588 31
2013£131,000 £1,664 12
2012£123,548 £1,521 21
2011£152,833 £1,982 18
2010£149,812 £1,868 8
2009£141,474 £1,634 19
2008£138,500 £1,983 9
2007£143,850 £1,815 29
2006£147,402 £1,789 22
2005£123,200 £1,708 20
2004£97,596 £1,208 23
2003£93,532 £1,216 25
2002£70,503 £904 28
2001£64,846 £785 24
2000£58,429 £786 24
1999£52,138 £695 25
1998£51,818 £633 34
1997£55,406 £617 16
1996£51,150 £610 20
1995£62,275 £712 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,900 £2,339 5
2023£174,955 £2,300 11
2022£145,893 £1,612 14
2021£153,606 £1,802 9
2020£113,668 £1,259 21
2019£116,000 £1,682 9
2018£116,250 £1,749 10
2017£120,829 £1,349 12
2016£116,119 £1,235 8
2015£138,322 £1,772 9
2014£106,167 £1,413 12
2013£106,383 £1,480 9
2012£106,464 £1,293 14
2011£96,875 £1,503 4
2010£95,271 £1,455 12
2009£129,111 £1,512 9
2008£112,442 £1,487 13
2007£138,372 £1,684 20
2006£113,906 £1,546 27
2005£116,812 £1,432 16
2004£91,372 £1,128 18
2003£82,477 £1,179 24
2002£57,109 £818 23
2001£47,549 £745 34
2000£47,383 £544 24
1999£42,204 £599 26
1998£46,420 £588 22
1997£44,110 £498 18
1996£47,352 £501 20
1995£41,672 £509 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,0001
2023£200,0001
2022£837,640 £2,861 3
2021£1,500 £23 2
2020£100,000 £298 1
2018£105,667 £1,385 3
2017£1,831,000 £2,700 2
2014£3,370,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£288,333 £3,750 3
2023£314,000 £2,485 3
2022£276,611 £3,386 9
2021£395,881 £2,430 13
2020£205,000 £2,708 4
2019£266,045 £2,437 11
2018£243,286 £2,600 7
2017£228,925 £2,381 6
2016£192,500 £2,310 4
2015£187,714 £2,204 7
2014£229,143 £2,359 7
2013£193,857 £2,376 7
2012£227,000 £2,494 6
2011£217,000 £2,169 5
2010£270,238 £2,213 4
2009£208,658 £2,053 6
2008£277,990 £1,987 5
2007£215,586 £1,967 11
2006£243,167 £2,134 6
2005£205,400 £2,136 10
2004£177,250 £1,988 10
2003£165,000 £1,545 12
2002£136,465 £1,314 15
2001£112,250 £1,052 16
2000£81,123 £1,035 13
1999£79,183 £814 15
1998£110,115 £947 13
1997£79,223 £790 11
1996£77,070 £715 20
1995£84,008 £825 25
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£99,000 £1,571 1
2019£54,500 £1,096 1
2018£105,000 £1,364 1
2017£107,500 £1,739 2
2016£111,259 £1,794 1
2015£72,332 £1,301 4
2014£69,500 £1,373 2
2013£82,000 £1,323 1
2012£105,000 £1,875 1
2009£114,000 £1,823 1
2008£85,500 £2,250 1
2007£88,333 £1,744 3
2005£85,750 £1,289 2
2004£89,488 £1,887 4
2003£69,750 £1,512 2
2001£32,000 £821 1
2000£43,975 £910 2
1999£22,500 £535 2
1998£41,000 £911 1
1997£37,750 £608 2
1996£21,625 £444 2
1995£38,300 £853 3

House Type in NE40 3HN area

The most common house types in the NE40 3HN postcode area are Detached (71), Terraced (23), and Semi-detached (21).

Total119
Detached71
Terraced23
Semi-detached21
Flat4
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 (52), and Owned: Owns outright (49).

Owned: Owns with a mortgage or loan52
Owned: Owns outright49
Private rented: Private landlord or letting agency19
Social rented: Rents from council or Local Authority3
Private rented: Other private rented1
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 3HN have 1 person in household (40), and 2 people in household (40).

1 person in household40
2 people in household40
3 people in household24
4 people in household17
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0