Housing Market Analysis for SOUTH AVENUE, NE40 3LD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £291,917 median price is £287,500 Standard Deviation is £133,836 with Total Sold: 12
    • The Last 5 Year average price is £525,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 SOUTH AVENUE: £580,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is 1 SOUTH AVENUE: £123,000 (Sold on 23 Jun 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3LD 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£580,0001
2020£470,000 £1,888 1
2018£200,000 £803 1
2014£330,000 £1,236 1
2007£350,000 £1,660 2
2004£295,000 £1,400 2
2003£230,000 £861 1
2001£140,000 £800 1
2000£131,500 £703 2

All the Sales in the SOUTH AVENUE, NE40 3LD

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

AddressSold DatePrice% Change
7 SOUTH AVENUETerraced, Freehold27 Mar 2024£580,00023.40%
19 Jun 2020£470,000135.00%
12 Jul 2018£200,000First Sale
2 SOUTH AVENUETerraced, FreeholdArea: 267 Sq.mtrAge: before 190030 Jul 2014£330,000-4.35%
31 Oct 2007£345,00050.00%
26 Sep 2003£230,000First Sale
1 SOUTH AVENUETerraced, FreeholdArea: 175 Sq.mtrAge: 1900-192927 Apr 2007£355,00044.90%
25 Jun 2004£245,00075.00%
03 Aug 2001£140,00013.82%
23 Jun 2000£123,000First Sale
6 SOUTH AVENUETerraced, Freehold17 Sep 2004£345,000146.43%
18 Dec 2000£140,000First Sale

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

SOUTH AVENUE, NE40 3LD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £135,063 median price is £122,750 Standard Deviation is £84,286 with Total Sold: 614
    • The Last 5 Year average price is £190,579 with Total Sold: 114
    • The most recent sale happened at this postcode is , 03-Apr WHITEWELL TERRACE: £255,505 (Sold on 09 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 £133,222 median price is £123,000 Standard Deviation is £75,800 with Total Sold: 780
    • The Last 5 Year average price is £180,856 with Total Sold: 175
    • 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 , NORWOOD WOODSIDE ROAD: £62,500 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £832,021 median price is £156,000 Standard Deviation is £1,819,325 with Total Sold: 24
    • The Last 5 Year average price is £1,081,601 with Total Sold: 11
    • The most recent sale happened at this postcode is , 3A ELVASTON ROAD: £170,000 (Sold on 07 Mar 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 £228,028 median price is £196,500 Standard Deviation is £130,912 with Total Sold: 286
    • The Last 5 Year average price is £363,643 with Total Sold: 54
    • The most recent sale happened at this postcode is , 26 THE MEADOWS: £210,000 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is , 6 NORTH CLOSE: £87,000 (Sold on 03 Feb 1995)
  • Flat
    • The average price is around £83,511 median price is £79,748 Standard Deviation is £43,457 with Total Sold: 110
    • The Last 5 Year average price is £106,447 with Total Sold: 20
    • The most recent sale happened at this postcode is 3, NORTHUMBERLAND HOUSE NORTHUMBERLAND ROAD: £114,000 (Sold on 18 Dec 2023)
    • The first recorded sale happened at this postcode is , 47 CUSHYCOW LANE: £18,500 (Sold on 24 Apr 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£257,447 £2,339 8
2023£183,606 £1,910 22
2022£191,035 £1,918 23
2021£177,500 £1,828 17
2020£174,695 £1,636 27
2019£205,826 £1,787 17
2018£160,288 £1,415 16
2017£190,857 £1,718 22
2016£206,094 £1,778 16
2015£155,921 £1,644 19
2014£174,467 £1,408 23
2013£146,662 £1,365 12
2012£158,136 £1,498 11
2011£145,265 £1,495 18
2010£161,500 £1,650 16
2009£180,464 £1,654 14
2008£141,423 £1,552 13
2007£187,426 £1,506 19
2006£152,564 £1,499 29
2005£163,066 £1,467 24
2004£165,905 £1,360 21
2003£113,794 £1,020 25
2002£76,659 £770 29
2001£69,634 £731 32
2000£69,824 £534 25
1999£57,818 £515 20
1998£60,092 £559 25
1997£60,841 £581 26
1996£52,466 £451 26
1995£56,497 £516 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,615 £2,059 13
2023£180,981 £2,071 27
2022£202,568 £2,227 37
2021£165,229 £1,924 45
2020£185,043 £2,089 29
2019£171,611 £1,816 24
2018£166,607 £1,715 33
2017£154,386 £1,839 35
2016£161,600 £1,864 30
2015£161,650 £1,730 26
2014£135,306 £1,620 26
2013£155,262 £1,679 21
2012£132,463 £1,533 27
2011£191,667 £1,713 15
2010£181,912 £1,824 17
2009£140,667 £1,423 15
2008£133,250 £1,411 10
2007£147,717 £1,786 36
2006£143,560 £1,641 34
2005£152,873 £1,598 24
2004£121,826 £1,167 21
2003£103,988 £1,048 26
2002£79,303 £676 31
2001£67,706 £872 23
2000£57,372 £704 20
1999£64,035 £587 24
1998£63,897 £608 35
1997£56,782 £619 28
1996£58,425 £651 30
1995£63,192 £654 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,5002
2023£200,0001
2022£1,105,960 £2,550 2
2021£96,422 £772 4
2020£4,417,500 £69,623 2
2018£78,417 £991 6
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£375,000 £3,750 2
2023£331,444 £2,624 9
2022£313,111 £2,937 9
2021£410,015 £2,674 23
2020£362,500 £2,646 8
2019£251,791 £2,255 3
2018£282,273 £2,392 11
2017£246,750 £2,260 8
2016£264,196 £1,983 12
2015£247,500 £2,927 4
2014£238,333 £2,057 3
2013£193,556 £2,239 9
2012£242,000 £2,136 8
2011£275,944 £2,327 9
2010£253,000 £2,296 7
2009£321,750 £1,877 6
2008£322,500 £2,554 6
2007£200,086 £1,958 11
2006£251,231 £2,109 13
2005£259,688 £2,197 8
2004£223,827 £1,728 15
2003£178,700 £1,577 15
2002£152,938 £1,300 15
2001£121,994 £910 9
2000£113,214 £1,164 11
1999£102,663 £865 15
1998£124,454 £567 12
1997£132,375 £1,000 8
1996£86,654 £691 12
1995£95,000 £676 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£84,625 £1,293 4
2022£86,083 £1,565 6
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£128,333 £1,627 3
2016£112,565 £1,897 4
2015£87,190 £1,479 7
2014£100,583 £1,418 6
2013£82,000 £1,323 1
2012£82,875 £1,546 4
2011£75,600 £1,516 5
2010£99,667 £1,824 3
2009£114,000 £1,823 1
2008£177,500 £1,329 2
2007£73,500 £1,587 4
2005£99,450 £1,492 5
2004£95,136 £1,389 7
2003£82,333 £1,511 3
2002£56,617 £1,035 6
2001£31,333 £439 3
2000£47,090 £872 5
1999£41,690 £670 5
1998£23,0001
1997£39,117 £690 6
1996£39,917 £632 3
1995£31,725 £817 2

House Type in NE40 3LD area

The most common house types in the NE40 3LD postcode area are Semi-detached (50), Terraced (37), and Detached (22).

Total118
Semi-detached50
Terraced37
Detached22
commercial building5
converted building3
Shared house1
Flat0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright69
Owned: Owns with a mortgage or loan34
Private rented: Private landlord or letting agency12
Social rented: Rents from council or Local Authority3
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 3LD have 2 people in household (49), and 1 person in household (32).

2 people in household49
1 person in household32
3 people in household19
4 people in household17
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0