Housing Market Analysis for RUNHEAD ESTATE, NE40 3HP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £90,667 median price is £80,000 Standard Deviation is £33,519 with Total Sold: 3
    • The most recent sale happened at this postcode is 6 RUNHEAD ESTATE: £136,000 (Sold on 28 Sep 2007)
    • The first recorded sale happened at this postcode is 5 RUNHEAD ESTATE: £56,000 (Sold on 09 Nov 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3HP 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
2007£136,0001
2004£80,0001
2001£56,0001

All the Sales in the RUNHEAD ESTATE, NE40 3HP

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

AddressSold DatePrice% Change
6 RUNHEAD ESTATESemi-Detached, Freehold28 Sep 2007£136,000First Sale
2 RUNHEAD ESTATESemi-Detached, Freehold02 Feb 2004£80,000First Sale
5 RUNHEAD ESTATESemi-Detached, Freehold09 Nov 2001£56,000First Sale

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

RUNHEAD ESTATE, NE40 3HP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £115,837 median price is £110,000 Standard Deviation is £56,557 with Total Sold: 630
    • The Last 5 Year average price is £158,527 with Total Sold: 122
    • 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 £89,004 median price is £80,500 Standard Deviation is £50,017 with Total Sold: 468
    • The Last 5 Year average price is £135,457 with Total Sold: 71
    • 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)
  • Detached
    • The average price is around £161,892 median price is £146,625 Standard Deviation is £90,103 with Total Sold: 492
    • The Last 5 Year average price is £285,525 with Total Sold: 64
    • 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 £691,688 median price is £190,000 Standard Deviation is £1,164,338 with Total Sold: 15
    • 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)
  • Flat
    • The average price is around £62,279 median price is £60,000 Standard Deviation is £30,683 with Total Sold: 55
    • The Last 5 Year average price is £77,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 1 MULLEN DRIVE: £77,500 (Sold on 26 Aug 2022)
    • 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£158,638 £1,932 32
2020£140,542 £1,768 18
2019£156,916 £1,905 16
2018£155,180 £1,834 14
2017£132,568 £1,742 22
2016£168,753 £2,174 19
2015£143,887 £1,884 23
2014£123,648 £1,570 30
2013£127,545 £1,648 11
2012£123,705 £1,511 22
2011£152,118 £1,974 17
2010£152,056 £1,925 9
2009£138,900 £1,601 20
2008£138,500 £1,983 9
2007£148,440 £1,815 31
2006£148,677 £1,837 22
2005£123,200 £1,708 20
2004£97,596 £1,208 23
2003£96,087 £1,216 26
2002£70,503 £904 28
2001£65,012 £797 25
2000£57,932 £786 25
1999£52,935 £695 23
1998£53,312 £627 33
1997£55,167 £658 18
1996£52,217 £613 23
1995£61,420 £712 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£134,400 £1,904 5
2023£164,375 £2,185 12
2022£150,577 £1,647 13
2021£145,745 £1,802 10
2020£114,274 £1,280 22
2019£116,000 £1,682 9
2018£112,278 £1,703 9
2017£120,829 £1,349 12
2016£117,106 £1,241 9
2015£131,627 £1,664 11
2014£98,727 £1,294 11
2013£106,383 £1,480 9
2012£106,250 £1,243 12
2011£96,875 £1,503 4
2010£96,788 £1,449 13
2009£129,111 £1,512 9
2008£111,412 £1,487 12
2007£139,234 £1,670 19
2006£113,325 £1,541 26
2005£117,600 £1,420 15
2004£97,067 £1,165 18
2003£82,267 £1,174 26
2002£54,428 £789 20
2001£47,764 £760 33
2000£47,008 £544 26
1999£42,272 £607 25
1998£45,432 £598 22
1997£42,172 £498 20
1996£46,329 £501 19
1995£41,279 £509 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,000 £3,750 4
2023£299,600 £2,588 5
2022£274,192 £3,023 13
2021£341,610 £2,616 20
2020£217,857 £2,650 7
2019£250,258 £2,402 15
2018£260,136 £2,422 11
2017£225,355 £2,345 10
2016£210,000 £2,250 8
2015£188,000 £2,150 9
2014£231,400 £2,206 10
2013£190,462 £2,216 13
2012£206,375 £2,324 12
2011£218,333 £2,284 6
2010£241,994 £2,081 9
2009£202,105 £2,036 9
2008£277,136 £2,023 7
2007£211,682 £2,082 19
2006£227,318 £2,288 11
2005£203,077 £2,154 13
2004£175,139 £2,068 14
2003£161,304 £1,679 23
2002£139,735 £1,312 19
2001£110,245 £1,033 28
2000£88,852 £1,012 24
1999£89,468 £872 27
1998£93,456 £874 68
1997£83,034 £830 29
1996£77,607 £715 22
1995£84,896 £825 27
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£1,222,467 £2,700 3
2014£3,370,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£77,500 £1,987 1
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£71,066 £1,379 5
2014£62,167 £1,209 3
2013£82,000 £1,323 1
2012£86,250 £1,530 2
2009£114,000 £1,823 1
2008£85,500 £2,250 1
2007£82,800 £1,584 5
2005£85,750 £1,289 2
2004£89,488 £1,887 4
2003£69,750 £1,512 2
2002£25,7501
2001£33,750 £713 2
2000£38,725 £815 4
1999£23,167 £500 3
1998£32,000 £911 2
1997£31,333 £608 3
1996£25,083 £632 3
1995£33,350 £853 4

House Type in NE40 3HP area

The most common house types in the NE40 3HP postcode area are Semi-detached (106), Flat (8), and Detached (3).

Total120
Semi-detached106
Flat8
Detached3
Terraced3
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 (76), and Owned: Owns with a mortgage or loan (22).

Social rented: Rents from council or Local Authority76
Owned: Owns with a mortgage or loan22
Owned: Owns outright10
Private rented: Private landlord or letting agency9
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3HP have 2 people in household (45), and 1 person in household (36).

2 people in household45
1 person in household36
3 people in household24
4 people in household8
5 people in household2
7 people in household2
6 people in household1
0 people in household0
8 or more people in household0