Housing Market Analysis for GRANGE DRIVE, NE40 3LG

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £160,133 median price is £185,000 Standard Deviation is £68,051 with Total Sold: 9
    • The Last 5 Year average price is £217,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 41 GRANGE DRIVE: £215,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is 46 GRANGE DRIVE: £72,000 (Sold on 28 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3LG 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,0001
2021£220,000 £2,000 1
2019£235,000 £1,808 1
2016£230,000 £1,855 1
2005£185,000 £1,423 1
2003£142,0001
1999£74,9501
1996£69,625 £581 2

All the Sales in the GRANGE DRIVE, NE40 3LG

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

AddressSold DatePrice% Change
41 GRANGE DRIVESemi-Detached, Freehold28 Mar 2024£215,000First Sale
45 GRANGE DRIVESemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1967-197508 Mar 2021£220,000First Sale
44 GRANGE DRIVESemi-Detached, FreeholdArea: 130 Sq.mtrAge: 1950-196624 May 2019£235,00027.03%
01 Sep 2005£185,000First Sale
46 GRANGE DRIVESemi-Detached, FreeholdArea: 124 Sq.mtrAge: 1950-196622 Jul 2016£230,000219.44%
28 Aug 1996£72,000First Sale
48 GRANGE DRIVESemi-Detached, Freehold22 Oct 2003£142,000First Sale
39 GRANGE DRIVESemi-Detached, Freehold23 Apr 1999£74,950First Sale
40 GRANGE DRIVESemi-Detached, Freehold01 Nov 1996£67,250First Sale

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

GRANGE DRIVE, NE40 3LG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £137,456 median price is £125,000 Standard Deviation is £81,253 with Total Sold: 509
    • The Last 5 Year average price is £184,023 with Total Sold: 96
    • 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)
  • Terraced
    • The average price is around £130,119 median price is £115,500 Standard Deviation is £83,887 with Total Sold: 316
    • The Last 5 Year average price is £179,571 with Total Sold: 54
    • The most recent sale happened at this postcode is , 98 PARK FIELD: £146,000 (Sold on 09 Aug 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 £225,119 median price is £200,000 Standard Deviation is £116,904 with Total Sold: 184
    • The Last 5 Year average price is £333,192 with Total Sold: 31
    • The most recent sale happened at this postcode is , CROMDALE BARMOOR LANE: £540,000 (Sold on 25 Jul 2024)
    • The first recorded sale happened at this postcode is , 6 NORTH CLOSE: £87,000 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £595,685 median price is £137,500 Standard Deviation is £1,164,289 with Total Sold: 14
    • The Last 5 Year average price is £139,422 with Total Sold: 4
    • 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 £61,115 median price is £65,000 Standard Deviation is £35,124 with Total Sold: 40
    • The Last 5 Year average price is £84,812 with Total Sold: 8
    • The most recent sale happened at this postcode is , 41 FAIRFIELDS: £83,500 (Sold on 28 Jul 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£179,722 £2,059 9
2023£194,857 £2,020 14
2022£209,304 £2,159 23
2021£157,237 £1,795 31
2020£191,176 £2,165 19
2019£187,312 £1,719 16
2018£188,521 £1,708 24
2017£150,696 £1,714 23
2016£159,921 £1,702 19
2015£160,556 £1,754 17
2014£142,897 £1,544 15
2013£161,794 £1,686 17
2012£137,393 £1,497 14
2011£241,625 £1,499 8
2010£164,682 £1,725 11
2009£141,692 £1,296 13
2008£145,714 £1,103 7
2007£152,723 £1,688 22
2006£147,804 £1,542 24
2005£187,607 £1,636 14
2004£138,690 £1,412 10
2003£109,129 £1,042 19
2002£76,027 £657 18
2001£67,311 £779 17
2000£58,677 £606 11
1999£63,406 £636 17
1998£72,846 £605 23
1997£58,170 £645 23
1996£61,179 £614 21
1995£59,100 £661 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£253,4005
2023£159,134 £1,580 10
2022£215,358 £1,994 12
2021£139,062 £1,623 8
2020£165,353 £1,581 19
2019£195,504 £1,793 11
2018£186,944 £1,519 9
2017£175,405 £1,768 11
2016£174,417 £1,633 6
2015£166,056 £1,709 9
2014£168,558 £1,365 13
2013£123,203 £1,242 5
2012£134,917 £1,387 6
2011£125,433 £1,429 11
2010£121,571 £1,295 7
2009£176,071 £1,592 7
2008£136,286 £1,359 7
2007£199,945 £1,380 10
2006£148,025 £1,470 16
2005£142,579 £1,479 12
2004£156,119 £1,324 13
2003£113,595 £847 10
2002£76,921 £816 14
2001£61,424 £614 21
2000£53,750 £425 11
1999£64,556 £554 8
1998£52,750 £542 12
1997£54,027 £540 15
1996£52,750 £392 8
1995£49,900 £456 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,0002
2023£317,625 £2,627 8
2022£348,667 £2,641 6
2021£314,550 £2,745 9
2020£297,500 £2,476 6
2019£305,075 £2,584 5
2018£295,833 £2,418 6
2017£271,000 £2,141 5
2016£265,648 £1,900 10
2015£312,500 £2,895 2
2014£215,000 £1,937 2
2013£212,000 £2,154 5
2012£221,500 £1,677 6
2011£266,000 £1,800 5
2010£243,000 £2,371 7
2009£309,100 £1,877 5
2008£325,600 £2,574 5
2007£190,064 £1,956 7
2006£260,667 £2,115 9
2005£183,333 £2,122 3
2004£243,606 £1,841 9
2003£154,833 £1,659 9
2002£160,250 £1,267 10
2001£107,325 £863 6
2000£115,983 £885 3
1999£110,961 £879 14
1998£127,136 £579 7
1997£95,0001
1996£100,035 £714 10
1995£93,5002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£95,0001
2022£334,000 £2,550 1
2021£64,345 £805 2
2018£85,875 £882 4
2017£1,218,4673
2016£72,0001
2015£341,0001
2014£3,370,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£84,250 £1,815 2
2022£78,750 £1,863 2
2021£90,833 £1,332 3
2020£79,9951
2019£67,250 £1,096 2
2018£46,000 £807 1
2016£109,5002
2015£62,317 £1,402 3
2014£95,500 £1,358 3
2013£69,950 £1,488 1
2012£68,250 £1,184 2
2011£65,500 £1,429 2
2007£74,500 £1,263 2
2004£84,000 £1,548 1
2002£25,7501
2001£35,500 £606 1
2000£33,475 £721 2
1999£18,750 £340 2
1998£23,0001
1997£19,250 £431 2
1996£26,000 £632 2
1995£21,7502

House Type in NE40 3LG area

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

Total126
Semi-detached83
Detached35
Terraced6
Flat1
Shared house1
converted building0
commercial building0
temporary structure0

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 outright72
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency7
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

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

2 people in household51
1 person in household32
3 people in household22
4 people in household18
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0