Housing Market Analysis for SOUTH GROVE, NE40 3JW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £87,190 median price is £85,000 Standard Deviation is £9,028 with Total Sold: 5
    • The Last 5 Year average price is £85,000 with Total Sold: 1
    • 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 6 SOUTH GROVE: £79,950 (Sold on 16 Apr 2004)
  • Semi-Detached
    • The average price is around £94,400 median price is £112,500 Standard Deviation is £32,819 with Total Sold: 10
    • The Last 5 Year average price is £116,600 with Total Sold: 5
    • The most recent sale happened at this postcode is 17 SOUTH GROVE: £117,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is 15 SOUTH GROVE: £22,995 (Sold on 08 May 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3JW 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
2024£85,0001
2011£76,000 £1,001 1
2008£100,000 £1,429 1
2007£95,000 £1,252 1
2004£79,950 £1,024 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£117,0001
2023£117,500 £1,622 2
2021£115,500 £1,360 2
2017£85,000 £904 1
2012£85,000 £1,089 1
2007£121,000 £1,635 1
2002£47,000 £635 1
2001£22,995 £324 1

All the Sales in the SOUTH GROVE, NE40 3JW

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

AddressSold DatePrice% Change
7 SOUTH GROVETerraced, Freehold26 Jul 2024£85,000-15.00%
04 Jun 2008£100,000First Sale
17 SOUTH GROVESemi-Detached, Freehold26 Jan 2024£117,0001.74%
08 Dec 2023£115,000-4.96%
26 Oct 2007£121,000157.45%
17 May 2002£47,000First Sale
15 SOUTH GROVESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1930-194904 Aug 2023£120,000421.85%
08 May 2001£22,995First Sale
6 SOUTH GROVESemi-Detached, FreeholdArea: 78.04 Sq.mtrAge: 1930-194908 Nov 2021£121,00042.35%
17 Sep 2012£85,0006.32%
16 Apr 2004£79,950First Sale
13 SOUTH GROVESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-196608 Oct 2021£110,00029.41%
14 Feb 2017£85,000First Sale
18 SOUTH GROVETerraced, FreeholdArea: 75.9 Sq.mtrAge: 1950-196613 Oct 2011£76,000-20.00%
19 Jan 2007£95,000First Sale

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

SOUTH GROVE, NE40 3JW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £104,593 median price is £87,000 Standard Deviation is £70,794 with Total Sold: 584
    • The Last 5 Year average price is £160,299 with Total Sold: 98
    • 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)
  • Detached
    • The average price is around £161,217 median price is £145,250 Standard Deviation is £89,031 with Total Sold: 496
    • The Last 5 Year average price is £274,051 with Total Sold: 60
    • The most recent sale happened at this postcode is , 1 LESLIE CLOSE: £325,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 11 ASHTON COURT: £86,500 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £120,600 median price is £110,500 Standard Deviation is £66,615 with Total Sold: 738
    • The Last 5 Year average price is £167,554 with Total Sold: 160
    • 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 £563,566 median price is £176,000 Standard Deviation is £1,033,379 with Total Sold: 20
    • The Last 5 Year average price is £372,769 with Total Sold: 9
    • 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 £67,854 median price is £68,250 Standard Deviation is £34,462 with Total Sold: 66
    • The Last 5 Year average price is £89,428 with Total Sold: 7
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£229,188 £1,904 8
2023£155,802 £2,007 16
2022£187,094 £1,843 16
2021£146,535 £1,773 13
2020£142,734 £1,392 30
2019£146,830 £1,700 15
2018£139,231 £1,606 13
2017£144,869 £1,518 16
2016£132,919 £1,365 13
2015£149,350 £1,781 14
2014£142,750 £1,363 16
2013£121,268 £1,485 11
2012£115,538 £1,271 13
2011£117,431 £1,453 8
2010£98,827 £1,473 13
2009£154,072 £1,536 14
2008£127,639 £1,563 14
2007£164,128 £1,638 23
2006£121,724 £1,521 31
2005£136,468 £1,499 17
2004£127,323 £1,238 24
2003£87,820 £1,161 28
2002£57,866 £812 22
2001£53,594 £752 39
2000£49,851 £509 34
1999£46,975 £602 30
1998£47,038 £599 26
1997£47,338 £517 25
1996£46,810 £490 21
1995£42,774 £507 21
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,000 £3,750 5
2023£313,000 £2,590 6
2022£266,000 £2,984 11
2021£314,075 £2,654 16
2020£217,857 £2,650 7
2019£250,258 £2,402 15
2018£277,864 £2,414 11
2017£234,868 £2,390 11
2016£215,714 £2,315 7
2015£206,889 £2,172 9
2014£226,222 £2,224 9
2013£188,833 £2,216 12
2012£206,375 £2,324 12
2011£184,500 £2,164 5
2010£246,444 £2,242 9
2009£230,216 £2,085 9
2008£310,619 £2,414 8
2007£207,836 £2,081 22
2006£237,115 £2,288 13
2005£200,227 £2,105 11
2004£177,130 £2,136 15
2003£161,304 £1,679 23
2002£142,771 £1,354 22
2001£110,245 £1,033 28
2000£90,578 £1,012 25
1999£91,694 £872 29
1998£91,871 £872 66
1997£80,821 £830 28
1996£81,304 £727 24
1995£84,971 £825 28
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,571 £2,059 14
2023£187,182 £2,186 22
2022£173,462 £2,079 39
2021£150,585 £1,859 39
2020£145,293 £1,772 23
2019£178,833 £1,887 23
2018£163,501 £1,797 20
2017£123,222 £1,734 27
2016£176,407 £2,006 21
2015£143,621 £1,731 24
2014£120,533 £1,522 29
2013£135,500 £1,752 15
2012£123,413 £1,521 23
2011£185,000 £1,941 18
2010£137,500 £1,670 12
2009£140,289 £1,487 19
2008£128,222 £1,972 9
2007£149,065 £1,809 36
2006£142,579 £1,781 24
2005£151,920 £1,693 25
2004£102,102 £1,230 26
2003£99,562 £1,216 28
2002£67,577 £880 31
2001£64,900 £800 28
2000£57,088 £771 26
1999£53,126 £685 27
1998£61,599 £623 38
1997£54,470 £633 25
1996£57,043 £597 29
1995£59,100 £715 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,0001
2023£200,0001
2022£711,730 £2,757 4
2021£1,500 £23 2
2020£100,000 £298 1
2018£131,400 £1,692 5
2017£954,350 £2,700 4
2016£72,0001
2014£3,370,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£85,0001
2022£77,500 £1,987 1
2021£124,500 £1,571 2
2020£79,9951
2019£67,250 £1,096 2
2018£75,500 £1,085 2
2017£107,500 £1,739 2
2016£110,086 £1,794 3
2015£71,066 £1,379 5
2014£90,375 £1,357 4
2013£82,000 £1,323 1
2012£80,500 £1,530 3
2011£65,0001
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£88,390 £1,819 5
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 3JW area

The most common house types in the NE40 3JW postcode area are Semi-detached (42), Flat (34), and Terraced (29).

Total109
Semi-detached42
Flat34
Terraced29
Detached3
converted building1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (59), and Social rented: Rents from council or Local Authority (23).

Social rented: Other social rented59
Social rented: Rents from council or Local Authority23
Owned: Owns with a mortgage or loan11
Private rented: Private landlord or letting agency10
Owned: Owns outright6
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 3JW have 1 person in household (49), and 2 people in household (25).

1 person in household49
2 people in household25
3 people in household16
4 people in household11
5 people in household4
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0