Housing Market Analysis for GRANGE DRIVE, NE40 3LF

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £155,465 median price is £165,000 Standard Deviation is £58,704 with Total Sold: 31
- The Last 5 Year average price is £215,333 with Total Sold: 9
- The most recent sale happened at this postcode is 34 GRANGE DRIVE: £190,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is 9 GRANGE DRIVE: £190,000 (Sold on 05 Sep 2024)
Terraced
- The average price is around £162,000 median price is £178,000 Standard Deviation is £26,242 with Total Sold: 3
- The Last 5 Year average price is £183,000 with Total Sold: 1
- The most recent sale happened at this postcode is 29 GRANGE DRIVE: £183,000 (Sold on 09 Apr 2020)
- The first recorded sale happened at this postcode is 29 GRANGE DRIVE: £125,000 (Sold on 11 Mar 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3LF 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£220,000	£2,059	3
2022	£218,000	£2,346	3
2021	£240,000	£1,765	1
2020	£192,000	£2,033	2
2019	£167,500	£1,882	1
2018	£195,000	£1,699	1
2017	£167,333	£2,323	3
2016	£151,000	£2,495	2
2015	£225,000	£1,619	1
2013	£149,833	£2,042	3
2011	£170,000	£1,481	1
2010	£130,000	£1,259	1
2006	£170,000		1
2002	£85,000	£977	1
2001	£89,950		1
1999	£71,317	£532	3
1998	£66,500		1
1996	£55,000		1
1995	£60,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£183,000	£2,009	1
2014	£178,000	£1,496	1
2011	£125,000	£1,372	1

All the Sales in the GRANGE DRIVE, NE40 3LF

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

Address	Sold Date	Price	% Change
34 GRANGE DRIVESemi-Detached, Freehold	22 Aug 2024	£190,000	15.15%
34 GRANGE DRIVESemi-Detached, Freehold	10 Nov 2017	£165,000	First Sale
31 GRANGE DRIVESemi-Detached, FreeholdArea: 136 Sq.mtrAge: 1950-1966	15 Jan 2024	£280,000	16.67%
	30 Jul 2021	£240,000	First Sale
30 GRANGE DRIVESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1967-1975	16 Dec 2022	£235,000	176.47%
	10 May 2002	£85,000	First Sale
10 GRANGE DRIVESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	31 Oct 2022	£213,500	16.03%
	25 Sep 2020	£184,000	26.90%
	26 Feb 2016	£145,000	First Sale
25 GRANGE DRIVESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1950-1966	05 Aug 2022	£205,500	First Sale
4 GRANGE DRIVESemi-Detached, FreeholdArea: 96.84 Sq.mtrAge: 1950-1966	18 Sep 2020	£200,000	8.11%
	28 Apr 2017	£185,000	25.85%
	10 Jun 2013	£147,000	First Sale
29 GRANGE DRIVETerraced, FreeholdArea: 91.1 Sq.mtrAge: 1950-1966	09 Apr 2020	£183,000	46.40%
	11 Mar 2011	£125,000	First Sale
9 GRANGE DRIVESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1967-1975	12 Dec 2019	£167,500	-11.84%
	05 Sep 2024	£190,000	First Sale
3 GRANGE DRIVESemi-Detached, FreeholdArea: 114.75 Sq.mtrAge: 1950-1966	21 Sep 2018	£195,000	14.71%
	19 Aug 2011	£170,000	First Sale
21 GRANGE DRIVESemi-Detached, FreeholdArea: 46 Sq.mtrAge: 1950-1966	17 Mar 2017	£152,000	-3.18%
	23 Dec 2016	£157,000	10.18%
	20 May 2013	£142,500	First Sale
8 GRANGE DRIVESemi-Detached, FreeholdArea: 139 Sq.mtrAge: 1976-1982	22 Mar 2015	£225,000	204.05%
	30 Jul 1999	£74,000	First Sale
35 GRANGE DRIVETerraced, FreeholdArea: 119 Sq.mtrAge: 1967-1975	31 Jan 2014	£178,000	First Sale
28 GRANGE DRIVESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1950-1966	22 Oct 2013	£160,000	First Sale
22 GRANGE DRIVESemi-Detached, FreeholdArea: 103.26 Sq.mtrAge: 1967-1975	10 Dec 2010	£130,000	First Sale
13 GRANGE DRIVESemi-Detached, Freehold	15 Aug 2006	£170,000	First Sale
1 GRANGE DRIVESemi-Detached, Freehold	23 Nov 2001	£89,950	35.26%
	22 Jul 1998	£66,500	10.83%
	31 Jul 1995	£60,000	First Sale
7 GRANGE DRIVESemi-Detached, Freehold	19 Mar 1999	£59,950	First Sale
24 GRANGE DRIVESemi-Detached, Freehold	19 Jan 1999	£80,000	First Sale
27 GRANGE DRIVESemi-Detached, Freehold	13 Jun 1996	£55,000	First Sale

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

GRANGE DRIVE, NE40 3LF Near By properties

Interactive Map

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

Terraced
- The average price is around £121,557 median price is £109,000 Standard Deviation is £77,944 with Total Sold: 559
- The Last 5 Year average price is £173,598 with Total Sold: 86
- 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 £129,764 median price is £120,000 Standard Deviation is £73,235 with Total Sold: 697
- The Last 5 Year average price is £178,372 with Total Sold: 140
- 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)
Detached
- The average price is around £194,727 median price is £175,000 Standard Deviation is £107,264 with Total Sold: 265
- The Last 5 Year average price is £318,984 with Total Sold: 32
- The most recent sale happened at this postcode is , BEECHWOOD, 1 BEECHWOOD AVENUE: £540,000 (Sold on 23 Feb 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 £460,230 median price is £137,500 Standard Deviation is £998,298 with Total Sold: 20
- The Last 5 Year average price is £141,961 with Total Sold: 8
- The most recent sale happened at this postcode is , 3 TWEEDYS BUILDINGS: £95,000 (Sold on 10 Jan 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 £69,694 median price is £72,000 Standard Deviation is £34,578 with Total Sold: 57
- The Last 5 Year average price is £98,299 with Total Sold: 5
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£236,251	£2,339	8
2023	£153,788	£1,915	22
2022	£188,812	£1,884	17
2021	£144,125	£1,727	12
2020	£174,695	£1,636	27
2019	£191,878	£1,865	16
2018	£149,154	£1,564	13
2017	£188,493	£1,770	15
2016	£182,192	£1,600	13
2015	£150,522	£1,744	18
2014	£151,038	£1,457	20
2013	£150,933	£1,503	9
2012	£141,636	£1,543	11
2011	£122,579	£1,468	16
2010	£129,600	£1,583	15
2009	£167,727	£1,475	11
2008	£135,297	£1,655	15
2007	£180,553	£1,583	18
2006	£135,624	£1,693	27
2005	£152,603	£1,471	19
2004	£157,408	£1,411	18
2003	£101,279	£1,217	26
2002	£73,424	£846	29
2001	£60,448	£795	32
2000	£59,934	£539	22
1999	£51,136	£652	21
1998	£51,828	£606	23
1997	£55,082	£612	25
1996	£50,748	£418	22
1995	£51,066	£557	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,615	£2,059	13
2023	£184,442	£2,140	26
2022	£202,636	£2,178	33
2021	£157,701	£1,844	39
2020	£172,112	£2,089	29
2019	£172,485	£1,825	22
2018	£161,141	£1,662	28
2017	£142,483	£1,652	29
2016	£158,981	£1,842	26
2015	£146,452	£1,718	23
2014	£131,346	£1,607	23
2013	£153,000	£1,647	18
2012	£131,432	£1,526	22
2011	£216,818	£1,599	11
2010	£153,500	£1,681	13
2009	£140,667	£1,423	15
2008	£130,917	£1,690	12
2007	£148,323	£1,725	32
2006	£137,477	£1,660	30
2005	£158,689	£1,589	22
2004	£115,020	£1,271	20
2003	£106,681	£1,138	24
2002	£74,088	£769	26
2001	£67,581	£889	21
2000	£54,114	£711	21
1999	£57,683	£664	24
1998	£66,052	£647	27
1997	£53,536	£624	25
1996	£58,975	£607	28
1995	£62,867	£739	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£540,000		1
2023	£317,556	£2,621	9
2022	£329,572	£2,911	7
2021	£308,409	£2,811	11
2020	£277,500	£2,454	4
2019	£240,093	£2,225	4
2018	£285,150	£2,328	10
2017	£257,375	£2,180	8
2016	£252,621	£2,062	7
2015	£276,667	£2,569	3
2014	£231,000	£1,949	5
2013	£205,833	£2,279	6
2012	£225,111	£1,981	9
2011	£221,500	£1,852	5
2010	£235,167	£2,321	6
2009	£292,214	£2,062	7
2008	£304,286	£2,348	7
2007	£207,068	£1,961	14
2006	£242,333	£2,206	9
2005	£195,000	£2,026	7
2004	£247,582	£1,829	11
2003	£162,192	£1,624	13
2002	£150,330	£1,275	15
2001	£99,859	£886	11
2000	£97,885	£1,107	10
1999	£95,158	£877	18
1998	£114,532	£799	14
1997	£80,800	£633	5
1996	£82,868	£742	17
1995	£89,821	£764	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£95,000		1
2023	£200,000		1
2022	£354,500	£2,624	2
2021	£32,922	£414	4
2018	£93,700	£1,229	5
2017	£954,350	£2,700	4
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	£124,500	£1,571	2
2020	£79,995		1
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	£74,332	£1,407	4
2014	£102,833	£1,357	3
2013	£82,000	£1,323	1
2012	£80,500	£1,530	3
2011	£65,000		1
2009	£114,000	£1,823	1
2008	£85,500	£2,250	1
2007	£71,333	£1,587	3
2005	£94,000	£1,621	1
2004	£88,390	£1,819	5
2003	£69,750	£1,512	2
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	£31,333	£608	3
1996	£26,000	£632	2
1995	£34,467	£853	3

House Type in NE40 3LF area

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

Total	118
Semi-detached	50
Terraced	37
Detached	22
commercial building	5
converted building	3
Shared house	1
Flat	0
temporary structure	0

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 outright	69
Owned: Owns with a mortgage or loan	34
Private rented: Private landlord or letting agency	12
Social rented: Rents from council or Local Authority	3
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE40 3LF have 2 people in household (49), and 1 person in household (32).

2 people in household	49
1 person in household	32
3 people in household	19
4 people in household	17
6 people in household	1
0 people in household	0
5 people in household	0
7 people in household	0
8 or more people in household	0