Housing Market Analysis for NE40 3JE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE40 3JE 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 3JE

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

    AddressSold DatePrice% Change

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

    NE40 3JE Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £125,557 median price is £112,000 Standard Deviation is £80,756 with Total Sold: 579
      • The Last 5 Year average price is £188,041 with Total Sold: 106
      • 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 , 2 WALLACE TERRACE: £64,000 (Sold on 20 Jan 1995)
    • Semi-Detached
      • The average price is around £125,398 median price is £115,000 Standard Deviation is £72,186 with Total Sold: 780
      • The Last 5 Year average price is £174,206 with Total Sold: 161
      • The most recent sale happened at this postcode is , 9 GRANGE DRIVE: £190,000 (Sold on 05 Sep 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 £533,210 median price is £190,000 Standard Deviation is £970,384 with Total Sold: 23
      • The Last 5 Year average price is £381,356 with Total Sold: 11
      • 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 £193,804 median price is £170,000 Standard Deviation is £116,200 with Total Sold: 413
      • The Last 5 Year average price is £323,472 with Total Sold: 67
      • 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 £78,767 median price is £77,000 Standard Deviation is £40,983 with Total Sold: 111
      • The Last 5 Year average price is £112,026 with Total Sold: 17
      • The most recent sale happened at this postcode is 18, THE LAWN RYTON VILLAGE: £100,000 (Sold on 15 Sep 2023)
      • 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£273,634 £2,339 8
    2023£174,515 £2,007 22
    2022£196,529 £2,011 17
    2021£166,762 £1,965 17
    2020£185,390 £1,635 22
    2019£182,472 £1,807 20
    2018£151,200 £1,607 15
    2017£198,127 £1,757 15
    2016£195,875 £1,663 16
    2015£148,641 £1,769 17
    2014£163,594 £1,498 16
    2013£148,645 £1,584 10
    2012£149,636 £1,545 11
    2011£121,579 £1,454 12
    2010£133,714 £1,702 14
    2009£172,857 £1,578 14
    2008£136,850 £1,620 17
    2007£170,202 £1,657 22
    2006£137,975 £1,704 24
    2005£163,914 £1,486 18
    2004£159,018 £1,425 19
    2003£104,488 £1,253 26
    2002£70,704 £823 25
    2001£65,043 £787 37
    2000£67,031 £555 26
    1999£51,808 £646 24
    1998£57,278 £621 27
    1997£52,668 £549 23
    1996£52,798 £485 25
    1995£52,710 £599 20
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£181,500 £2,059 12
    2023£187,182 £2,186 22
    2022£185,138 £2,092 40
    2021£161,654 £1,906 41
    2020£156,470 £1,901 25
    2019£181,246 £1,956 21
    2018£171,772 £1,825 24
    2017£136,806 £1,834 31
    2016£171,322 £1,968 25
    2015£149,456 £1,764 26
    2014£124,757 £1,577 29
    2013£150,281 £1,738 16
    2012£133,480 £1,575 25
    2011£192,667 £1,981 18
    2010£154,071 £1,872 14
    2009£140,289 £1,487 19
    2008£135,150 £1,983 10
    2007£152,154 £1,809 36
    2006£148,282 £1,801 28
    2005£150,981 £1,715 24
    2004£108,459 £1,222 27
    2003£102,155 £1,261 29
    2002£76,769 £880 32
    2001£68,295 £829 31
    2000£60,118 £774 28
    1999£59,058 £700 33
    1998£63,818 £674 37
    1997£53,973 £630 28
    1996£60,782 £647 31
    1995£62,378 £715 18
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£205,0001
    2023£200,0001
    2022£711,730 £2,757 4
    2021£86,000 £499 3
    2020£342,500 £1,022 2
    2018£93,700 £1,232 5
    2017£954,350 £2,700 4
    2016£72,0001
    2015£341,0001
    2014£3,370,0001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£351,250 £3,750 4
    2023£324,125 £2,526 8
    2022£293,962 £3,236 13
    2021£380,812 £2,687 20
    2020£318,333 £2,739 9
    2019£259,375 £2,374 13
    2018£281,357 £2,478 14
    2017£248,050 £2,272 11
    2016£200,857 £2,246 7
    2015£211,125 £2,258 8
    2014£226,000 £2,265 9
    2013£190,875 £2,355 8
    2012£237,700 £2,350 10
    2011£275,750 £2,397 8
    2010£266,857 £2,363 7
    2009£283,994 £2,069 9
    2008£324,439 £2,414 9
    2007£207,759 £2,022 17
    2006£255,350 £2,127 10
    2005£218,000 £2,174 12
    2004£220,527 £2,076 15
    2003£174,143 £1,588 21
    2002£143,544 £1,317 22
    2001£112,298 £971 20
    2000£104,225 £1,087 18
    1999£91,788 £865 25
    1998£111,553 £809 19
    1997£96,958 £979 13
    1996£81,844 £727 27
    1995£84,711 £825 27
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£92,500 £1,754 2
    2022£89,100 £1,621 5
    2021£162,890 £1,382 5
    2020£102,498 £2,155 2
    2019£84,833 £1,096 3
    2018£106,500 £1,312 4
    2017£107,500 £1,739 2
    2016£112,565 £1,897 4
    2015£80,221 £1,511 6
    2014£93,786 £1,408 7
    2013£82,000 £1,323 1
    2012£82,875 £1,546 4
    2011£72,667 £1,529 3
    2010£99,667 £1,824 3
    2009£114,000 £1,823 1
    2008£85,500 £2,250 1
    2007£82,800 £1,584 5
    2005£100,500 £1,289 5
    2004£94,994 £1,819 8
    2003£76,750 £1,534 4
    2002£56,617 £1,035 6
    2001£33,750 £713 2
    2000£45,567 £893 6
    1999£40,075 £700 6
    1998£32,000 £911 2
    1997£39,117 £690 6
    1996£35,750 £632 4
    1995£33,350 £853 4

    House Type in NE40 3JE area

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