Housing Market Analysis for MULLEN DRIVE, NE40 3JS

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

Overview of Sold House prices

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

Flat
- The average price is around £46,325 median price is £35,225 Standard Deviation is £18,330 with Total Sold: 6
- The Last 5 Year average price is £77,500 with Total Sold: 1
- 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 1 MULLEN DRIVE: £32,000 (Sold on 29 Nov 1996)
Detached
- The average price is around £197,273 median price is £198,500 Standard Deviation is £73,554 with Total Sold: 12
- The Last 5 Year average price is £270,186 with Total Sold: 2
- The most recent sale happened at this postcode is 13 MULLEN DRIVE: £295,000 (Sold on 18 Sep 2020)
- The first recorded sale happened at this postcode is 11 MULLEN DRIVE: £79,950 (Sold on 06 Dec 1996)
Semi-Detached
- The average price is around £196,650 median price is £215,000 Standard Deviation is £25,951 with Total Sold: 3
- The most recent sale happened at this postcode is 4 MULLEN DRIVE: £215,000 (Sold on 29 May 2007)
- The first recorded sale happened at this postcode is 4 MULLEN DRIVE: £159,950 (Sold on 18 Sep 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3JS 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£77,500	£1,987	1
2015	£66,000	£1,692	1
2001	£35,500	£606	1
2000	£33,475	£721	2
1996	£32,000	£821	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£295,000	£2,418	1
2019	£245,373	£2,011	1
2018	£280,000	£2,154	1
2013	£210,000	£1,909	1
2008	£275,000	£2,115	2
2006	£132,500	£2,704	1
2004	£162,500		1
2003	£156,000		2
2001	£99,950		1
1996	£79,950		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£215,000		2
2003	£159,950		1

All the Sales in the MULLEN DRIVE, NE40 3JS

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

Address	Sold Date	Price	% Change
1 MULLEN DRIVEFlat, LeaseholdArea: 39 Sq.mtrAge: 1983-1990	26 Aug 2022	£77,500	17.42%
	27 Aug 2015	£66,000	88.84%
	30 Jun 2000	£34,950	9.22%
	29 Nov 1996	£32,000	First Sale
13 MULLEN DRIVEDetached, FreeholdArea: 122 Sq.mtrAge: 1983-1990	18 Sep 2020	£295,000	First Sale
6 MULLEN DRIVEDetached, FreeholdArea: 122 Sq.mtrAge: 1976-1982	04 Nov 2019	£245,373	First Sale
8 MULLEN DRIVEDetached, FreeholdArea: 130 Sq.mtrAge: 1983-1990	19 Mar 2018	£280,000	1.82%
	12 Aug 2008	£275,000	0.0
	12 Aug 2008	£275,000	First Sale
10 MULLEN DRIVEDetached, FreeholdArea: 110 Sq.mtrAge: 1983-1990	24 Jun 2013	£210,000	First Sale
4 MULLEN DRIVESemi-Detached, Freehold	29 May 2007	£215,000	0.0
	29 May 2007	£215,000	34.42%
	18 Sep 2003	£159,950	First Sale
9 MULLEN DRIVEDetached, LeaseholdArea: 49 Sq.mtrAge: 1983-1990	10 Mar 2006	£132,500	First Sale
14 MULLEN DRIVEDetached, Leasehold	26 Mar 2004	£162,500	First Sale
11 MULLEN DRIVEDetached, Leasehold	19 Sep 2003	£187,000	133.90%
11 MULLEN DRIVEDetached, Leasehold	06 Dec 1996	£79,950	First Sale
2 MULLEN DRIVEDetached, Freehold	23 May 2003	£125,000	First Sale
3 MULLEN DRIVEFlat, LeaseholdArea: 58.62 Sq.mtrAge: 1976-1982	30 Nov 2001	£35,500	10.94%
	10 Nov 2000	£32,000	First Sale
17 MULLEN DRIVEDetached, Leasehold	27 Jul 2001	£99,950	First Sale

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

MULLEN DRIVE, NE40 3JS Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £123,249 median price is £110,000 Standard Deviation is £74,274 with Total Sold: 566
- The Last 5 Year average price is £170,966 with Total Sold: 115
- 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 £122,972 median price is £104,500 Standard Deviation is £82,685 with Total Sold: 316
- The Last 5 Year average price is £182,621 with Total Sold: 56
- 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 , 4 DEAN TERRACE: £45,000 (Sold on 28 Feb 1995)
Detached
- The average price is around £165,171 median price is £146,000 Standard Deviation is £92,209 with Total Sold: 384
- The Last 5 Year average price is £277,668 with Total Sold: 45
- 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 £621,328 median price is £170,000 Standard Deviation is £1,155,701 with Total Sold: 14
- The Last 5 Year average price is £183,738 with Total Sold: 5
- 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 £63,917 median price is £65,000 Standard Deviation is £36,026 with Total Sold: 44
- The Last 5 Year average price is £87,832 with Total Sold: 6
- The most recent sale happened at this postcode is GROUND FLOOR FLAT, INGOE, 1 ASHFIELD TERRACE: £85,000 (Sold on 11 Jan 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£161,778	£2,059	9
2023	£180,188	£2,001	16
2022	£199,979	£2,112	24
2021	£150,730	£1,718	32
2020	£149,868	£1,798	17
2019	£185,382	£1,808	17
2018	£166,892	£1,738	19
2017	£135,104	£1,674	24
2016	£173,816	£1,836	16
2015	£135,245	£1,667	20
2014	£125,997	£1,515	15
2013	£152,750	£1,732	14
2012	£136,538	£1,459	13
2011	£222,864	£1,912	11
2010	£142,773	£1,759	11
2009	£138,028	£1,441	18
2008	£125,900	£1,972	10
2007	£151,978	£1,679	27
2006	£137,792	£1,699	20
2005	£159,850	£1,761	18
2004	£110,930	£1,333	23
2003	£104,471	£1,383	17
2002	£69,177	£903	28
2001	£65,247	£767	21
2000	£53,590	£717	20
1999	£57,959	£719	27
1998	£63,011	£586	24
1997	£53,512	£640	21
1996	£58,377	£577	22
1995	£58,446	£727	12

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£293,750		4
2023	£155,488	£2,012	13
2022	£228,643	£2,067	7
2021	£141,583	£1,859	6
2020	£172,800	£1,523	15
2019	£180,768	£1,887	11
2018	£161,300	£1,760	10
2017	£210,707	£1,955	7
2016	£168,143	£1,504	7
2015	£144,200	£1,754	12
2014	£175,045	£1,506	11
2013	£140,207	£1,681	7
2012	£138,600	£1,604	5
2011	£113,493	£1,384	7
2010	£93,400	£1,672	5
2009	£174,000	£1,595	7
2008	£132,658	£2,001	6
2007	£177,961	£1,614	14
2006	£134,341	£1,818	16
2005	£138,662	£1,535	12
2004	£157,642	£1,340	13
2003	£94,453	£1,210	15
2002	£67,638	£924	12
2001	£61,439	£811	22
2000	£53,191	£473	16
1999	£55,655	£846	10
1998	£52,517	£661	12
1997	£53,761	£584	15
1996	£53,429	£392	7
1995	£50,775	£599	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£387,500		2
2023	£319,222	£2,580	9
2022	£275,333	£2,603	9
2021	£276,979	£2,753	14
2020	£235,000	£2,573	3
2019	£223,297	£2,294	8
2018	£283,222	£2,181	9
2017	£267,500	£2,259	8
2016	£247,500	£2,374	4
2015	£226,400	£2,079	5
2014	£212,800	£2,060	5
2013	£195,167	£2,056	6
2012	£219,885	£2,051	13
2011	£229,583	£2,033	6
2010	£237,286	£2,228	7
2009	£270,124	£2,127	8
2008	£318,333	£2,506	6
2007	£208,581	£2,057	18
2006	£240,318	£2,138	11
2005	£195,688	£1,965	8
2004	£179,185	£1,880	13
2003	£163,725	£1,596	20
2002	£152,291	£1,230	17
2001	£104,211	£960	23
2000	£96,586	£917	18
1999	£93,290	£870	25
1998	£87,242	£889	44
1997	£82,918	£799	24
1996	£82,315	£754	20
1995	£86,557	£743	21

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£205,000		1
2022	£354,500	£2,624	2
2021	£2,345	£31	2
2018	£113,833	£1,309	3
2017	£1,218,467		3
2016	£72,000		1
2015	£341,000		1
2014	£3,370,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£85,000		1
2022	£77,500	£1,987	1
2021	£150,000		1
2020	£79,995		1
2019	£67,250	£1,096	2
2018	£75,500	£1,085	2
2016	£109,500		2
2015	£58,500	£1,359	2
2014	£102,833	£1,357	3
2012	£68,250	£1,184	2
2011	£65,000		1
2008	£85,500	£2,250	1
2007	£85,500	£1,587	4
2005	£94,000	£1,621	1
2004	£79,000	£1,858	3
2003	£60,000	£1,579	1
2002	£25,750		1
2001	£35,500	£606	1
2000	£38,725	£815	4
1999	£18,750	£340	2
1998	£32,000	£911	2
1997	£18,500		1
1996	£25,083	£632	3
1995	£29,225	£888	2

House Type in NE40 3JS area

The most common house types in the NE40 3JS postcode area are Semi-detached (83), Detached (35), and Terraced (6).

Total	126
Semi-detached	83
Detached	35
Terraced	6
Flat	1
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (72), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright	72
Owned: Owns with a mortgage or loan	46
Private rented: Private landlord or letting agency	7
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE40 3JS have 2 people in household (51), and 1 person in household (32).

2 people in household	51
1 person in household	32
3 people in household	22
4 people in household	18
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0