Housing Market Analysis for NORTH CLOSE, NE40 3LJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £217,100 median price is £170,000 Standard Deviation is £130,694 with Total Sold: 5
    • The Last 5 Year average price is £372,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 NORTH CLOSE: £380,000 (Sold on 04 Jul 2023)
    • The first recorded sale happened at this postcode is 6 NORTH CLOSE: £87,000 (Sold on 03 Feb 1995)
  • Semi-Detached
    • The average price is around £168,444 median price is £179,500 Standard Deviation is £66,115 with Total Sold: 9
    • The Last 5 Year average price is £225,625 with Total Sold: 4
    • The most recent sale happened at this postcode is 10 NORTH CLOSE: £250,000 (Sold on 16 May 2022)
    • The first recorded sale happened at this postcode is 8 NORTH CLOSE: £223,000 (Sold on 07 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3LJ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£380,000 £2,603 1
2022£365,000 £2,500 1
2006£170,0001
1999£83,5001
1995£87,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£250,000 £2,663 2
2021£179,500 £1,910 1
2012£138,000 £1,600 1
2010£158,500 £1,539 1
2007£187,5001
1997£64,7502
2023£223,000 £2,451 1

All the Sales in the NORTH CLOSE, NE40 3LJ

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

AddressSold DatePrice% Change
5 NORTH CLOSEDetached, FreeholdArea: 146 Sq.mtrAge: 1950-196604 Jul 2023£380,0004.11%
14 Apr 2022£365,000First Sale
10 NORTH CLOSESemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1967-197516 May 2022£250,00057.73%
14 May 2010£158,500First Sale
7 NORTH CLOSESemi-Detached, FreeholdArea: 86.25 Sq.mtrAge: 1950-196628 Mar 2022£250,00081.16%
27 Jan 2012£138,000First Sale
1 NORTH CLOSESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-196625 Feb 2021£179,500First Sale
2 NORTH CLOSESemi-Detached, Freehold22 Nov 2007£187,500212.51%
03 Mar 1997£59,999First Sale
4 NORTH CLOSEDetached, Freehold15 Sep 2006£170,000First Sale
3 NORTH CLOSEDetached, Freehold11 Jun 1999£83,500First Sale
9 NORTH CLOSESemi-Detached, Freehold23 Jan 1997£69,500First Sale
6 NORTH CLOSEDetached, Freehold03 Feb 1995£87,000First Sale
8 NORTH CLOSESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1967-197507 Dec 2023£223,000First Sale

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

NORTH CLOSE, NE40 3LJ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £133,416 median price is £120,000 Standard Deviation is £82,018 with Total Sold: 600
    • The Last 5 Year average price is £187,053 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 £132,795 median price is £122,000 Standard Deviation is £75,842 with Total Sold: 745
    • The Last 5 Year average price is £179,519 with Total Sold: 171
    • 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 £786,547 median price is £150,000 Standard Deviation is £1,845,054 with Total Sold: 23
    • The Last 5 Year average price is £1,001,969 with Total Sold: 10
    • 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 £225,082 median price is £196,500 Standard Deviation is £124,627 with Total Sold: 251
    • The Last 5 Year average price is £346,838 with Total Sold: 48
    • 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£177,710 £1,856 23
2022£191,035 £1,918 23
2021£160,469 £1,810 16
2020£174,695 £1,636 27
2019£205,826 £1,787 17
2018£160,288 £1,415 16
2017£187,802 £1,718 21
2016£206,094 £1,778 16
2015£155,921 £1,644 19
2014£161,943 £1,356 22
2013£137,450 £1,365 11
2012£158,136 £1,498 11
2011£145,265 £1,495 18
2010£144,929 £1,550 14
2009£180,464 £1,654 14
2008£141,423 £1,552 13
2007£187,426 £1,506 19
2006£153,727 £1,505 28
2005£163,066 £1,467 24
2004£165,905 £1,360 21
2003£112,733 £1,020 23
2002£76,659 £770 29
2001£69,203 £736 31
2000£69,483 £528 24
1999£57,818 £515 20
1998£60,092 £559 25
1997£55,984 £547 25
1996£51,825 £445 25
1995£52,262 £498 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,615 £2,059 13
2023£179,404 £2,014 26
2022£201,250 £2,219 36
2021£161,752 £1,894 43
2020£185,043 £2,089 29
2019£171,611 £1,816 24
2018£163,844 £1,710 32
2017£150,919 £1,733 31
2016£161,600 £1,864 30
2015£151,998 £1,731 24
2014£135,123 £1,627 24
2013£155,262 £1,679 21
2012£134,020 £1,517 25
2011£194,643 £1,585 14
2010£183,031 £1,840 16
2009£140,667 £1,423 15
2008£133,250 £1,411 10
2007£147,359 £1,695 33
2006£143,159 £1,583 32
2005£152,873 £1,598 24
2004£121,826 £1,167 21
2003£102,708 £1,048 25
2002£79,713 £676 30
2001£68,057 £882 22
2000£55,303 £648 18
1999£64,733 £587 23
1998£64,436 £608 33
1997£54,196 £619 25
1996£58,455 £616 28
1995£63,192 £654 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,5002
2023£200,0001
2022£334,000 £2,550 1
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£370,103 £2,779 18
2020£382,857 £2,674 7
2019£251,791 £2,255 3
2018£292,778 £2,370 9
2017£253,429 £2,194 7
2016£264,196 £1,983 12
2015£276,667 £2,743 3
2014£238,333 £2,057 3
2013£205,833 £2,279 6
2012£222,667 £1,780 6
2011£275,944 £2,327 9
2010£235,167 £2,321 6
2009£309,100 £1,877 5
2008£322,500 £2,554 6
2007£200,086 £1,958 11
2006£226,455 £2,029 11
2005£259,688 £2,197 8
2004£235,671 £1,804 14
2003£169,462 £1,638 13
2002£152,938 £1,300 15
2001£115,564 £839 7
2000£105,193 £1,110 7
1999£102,663 £865 15
1998£122,145 £695 10
1997£114,250 £905 4
1996£88,395 £740 11
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 3LJ area

The most common house types in the NE40 3LJ 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 3LJ 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