Housing Market Analysis for RUNHEAD TERRACE, NE40 3HW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £80,812 median price is £79,000 Standard Deviation is £31,790 with Total Sold: 16
    • The Last 5 Year average price is £115,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 15 - 16 RUNHEAD TERRACE: £115,000 (Sold on 27 Apr 2022)
    • The first recorded sale happened at this postcode is 20 RUNHEAD TERRACE: £42,000 (Sold on 07 Feb 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3HW 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£115,000 £1,369 1
2019£95,000 £1,070 1
2017£87,750 £1,137 2
2012£78,000 £1,002 1
2010£65,000 £725 1
2008£115,000 £1,304 1
2007£110,000 £1,250 1
2006£100,000 £1,142 3
2004£80,000 £1,028 1
2001£42,000 £475 2
1998£33,500 £377 1
1997£42,000 £476 1

All the Sales in the RUNHEAD TERRACE, NE40 3HW

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

AddressSold DatePrice% Change
15 - 16 RUNHEAD TERRACETerraced, FreeholdArea: 84 Sq.mtrAge: before 190027 Apr 2022£115,00091.67%
31 Oct 2006£60,000First Sale
7 RUNHEAD TERRACETerraced, FreeholdArea: 88.8 Sq.mtrAge: 1900-192920 Aug 2019£95,000-24.00%
28 Sep 2006£125,000228.95%
12 Apr 2001£38,00013.43%
01 May 1998£33,500First Sale
11 RUNHEAD TERRACETerraced, FreeholdArea: 88 Sq.mtrAge: before 190004 Aug 2017£120,0009.09%
24 May 2007£110,000First Sale
1 RUNHEAD TERRACETerraced, FreeholdArea: 61 Sq.mtrAge: 1900-192906 Jan 2017£55,500First Sale
4 RUNHEAD TERRACETerraced, FreeholdArea: 77.82 Sq.mtrAge: 1900-192919 Nov 2012£78,000-2.50%
25 Jun 2004£80,000First Sale
9 - 10 RUNHEAD TERRACETerraced, FreeholdArea: 89.7 Sq.mtrAge: 1900-192917 Nov 2010£65,000First Sale
20 RUNHEAD TERRACETerraced, FreeholdArea: 88.2 Sq.mtrAge: 1900-192922 Apr 2008£115,0000.0
01 Sep 2006£115,000150.00%
12 Apr 2001£46,0009.52%
07 Feb 1997£42,000First Sale

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

RUNHEAD TERRACE, NE40 3HW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £89,236 median price is £81,000 Standard Deviation is £49,784 with Total Sold: 483
    • The Last 5 Year average price is £138,328 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)
  • Semi-Detached
    • The average price is around £113,223 median price is £110,000 Standard Deviation is £53,817 with Total Sold: 605
    • The Last 5 Year average price is £158,346 with Total Sold: 103
    • 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 £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 £169,681 median price is £157,750 Standard Deviation is £94,589 with Total Sold: 286
    • The Last 5 Year average price is £306,298 with Total Sold: 30
    • 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 £64,232 median price is £65,000 Standard Deviation is £31,314 with Total Sold: 49
    • The Last 5 Year average price is £99,000 with Total Sold: 1
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£141,929 £1,904 7
2023£164,375 £2,185 12
2022£145,893 £1,612 14
2021£145,745 £1,802 10
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£117,106 £1,241 9
2015£133,990 £1,684 10
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£95,019 £1,416 13
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£81,652 £1,161 26
2002£57,109 £818 23
2001£47,549 £745 34
2000£47,383 £544 24
1999£42,604 £599 27
1998£46,420 £588 22
1997£42,172 £498 20
1996£46,311 £501 21
1995£40,868 £509 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,45511
2023£167,750 £2,207 18
2022£158,000 £2,011 28
2021£155,497 £1,882 29
2020£144,044 £1,796 17
2019£156,916 £1,905 16
2018£137,293 £1,732 12
2017£125,954 £1,667 22
2016£167,253 £2,153 17
2015£143,887 £1,884 23
2014£121,582 £1,551 30
2013£131,000 £1,664 12
2012£120,786 £1,511 21
2011£150,588 £1,973 17
2010£131,688 £1,738 8
2009£138,900 £1,601 20
2008£131,125 £1,972 8
2007£143,850 £1,815 29
2006£137,918 £1,762 20
2005£123,200 £1,708 20
2004£91,009 £1,208 22
2003£93,532 £1,216 25
2002£67,181 £904 27
2001£62,230 £785 23
2000£57,932 £786 25
1999£47,585 £695 23
1998£51,818 £633 34
1997£55,406 £617 16
1996£49,368 £582 19
1995£61,792 £712 13
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£278,562 £3,426 8
2021£361,121 £2,427 12
2020£205,000 £2,708 4
2019£266,045 £2,437 11
2018£243,286 £2,600 7
2017£226,221 £2,425 7
2016£198,750 £2,441 4
2015£184,833 £2,164 6
2014£235,500 £2,273 8
2013£193,857 £2,376 7
2012£216,000 £2,392 7
2011£185,625 £2,085 4
2010£247,790 £2,192 5
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£200,389 £2,122 9
2004£177,045 £1,999 11
2003£165,000 £1,545 12
2002£137,623 £1,314 16
2001£112,250 £1,052 16
2000£81,123 £1,035 13
1999£80,409 £931 17
1998£112,708 £947 12
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£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£32,000 £821 1
2000£43,975 £910 2
1999£23,167 £500 3
1998£32,000 £911 2
1997£31,333 £608 3
1996£21,625 £444 2
1995£33,350 £853 4

House Type in NE40 3HW area

The most common house types in the NE40 3HW postcode area are Detached (62), Terraced (43), and Semi-detached (31).

Total138
Detached62
Terraced43
Semi-detached31
Flat1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (98), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright98
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency5
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
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 3HW have 2 people in household (66), and 1 person in household (47).

2 people in household66
1 person in household47
3 people in household12
4 people in household12
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0