Housing Market Analysis for NE40 3HY

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE40 3HY 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.

    All the Sales in the NE40 3HY

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

    AddressSold DatePrice% Change

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

    NE40 3HY Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £90,058 median price is £82,000 Standard Deviation is £50,517 with Total Sold: 447
      • The Last 5 Year average price is £136,707 with Total Sold: 70
      • 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 £116,338 median price is £111,000 Standard Deviation is £56,542 with Total Sold: 616
      • The Last 5 Year average price is £159,069 with Total Sold: 120
      • 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 £180,139 median price is £165,000 Standard Deviation is £105,627 with Total Sold: 313
      • The Last 5 Year average price is £313,620 with Total Sold: 50
      • 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 £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: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£150,200 £2,339 5
    2023£164,375 £2,185 12
    2022£150,577 £1,647 13
    2021£145,745 £1,802 10
    2020£113,668 £1,259 21
    2019£116,000 £1,682 9
    2018£112,278 £1,703 9
    2017£120,829 £1,349 12
    2016£116,119 £1,235 8
    2015£138,322 £1,772 9
    2014£101,400 £1,325 10
    2013£106,383 £1,480 9
    2012£106,250 £1,243 12
    2011£96,875 £1,503 4
    2010£94,841 £1,457 11
    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£92,188 £1,129 17
    2003£83,185 £1,174 24
    2002£54,428 £789 20
    2001£47,716 £760 31
    2000£47,383 £544 24
    1999£41,825 £607 24
    1998£46,862 £590 20
    1997£42,471 £498 19
    1996£49,103 £501 17
    1995£41,797 £509 16
    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£158,045 £1,919 31
    2020£144,044 £1,796 17
    2019£159,244 £1,948 15
    2018£150,194 £1,791 13
    2017£137,022 £1,742 23
    2016£169,072 £2,167 18
    2015£143,887 £1,884 23
    2014£123,648 £1,570 30
    2013£127,545 £1,648 11
    2012£123,548 £1,521 21
    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£143,850 £1,815 29
    2006£147,281 £1,798 21
    2005£123,200 £1,708 20
    2004£97,596 £1,208 23
    2003£93,532 £1,216 25
    2002£76,676 £904 29
    2001£64,846 £785 24
    2000£58,429 £786 24
    1999£52,935 £695 23
    1998£53,525 £627 33
    1997£55,406 £617 16
    1996£54,864 £610 22
    1995£66,331 £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£335,750 £2,689 4
    2022£289,950 £3,406 10
    2021£385,125 £2,543 16
    2020£257,000 £3,157 5
    2019£260,542 £2,407 12
    2018£273,778 £2,570 9
    2017£226,221 £2,425 7
    2016£193,000 £2,311 5
    2015£187,714 £2,204 7
    2014£229,143 £2,359 7
    2013£193,857 £2,376 7
    2012£216,000 £2,392 7
    2011£254,333 £2,676 6
    2010£244,658 £2,154 6
    2009£208,658 £2,053 6
    2008£304,158 £1,987 6
    2007£211,788 £1,854 12
    2006£243,167 £2,134 6
    2005£218,000 £2,174 12
    2004£186,288 £1,999 12
    2003£165,000 £1,545 12
    2002£138,351 £1,314 17
    2001£114,765 £1,060 17
    2000£81,123 £1,035 13
    1999£84,067 £931 18
    1998£110,115 £947 13
    1997£81,371 £790 12
    1996£77,210 £715 21
    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 3HY area

    The most common house types in the NE40 3HY 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 3HY 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