Housing Market Analysis for THE RIDGE, NE40 3LN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £205,667 median price is £190,000 Standard Deviation is £40,028 with Total Sold: 6
    • The Last 5 Year average price is £280,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 THE RIDGE: £280,000 (Sold on 02 Jun 2023)
    • The first recorded sale happened at this postcode is 12 THE RIDGE: £160,000 (Sold on 04 Jun 2004)
  • Semi-Detached
    • The average price is around £163,244 median price is £175,000 Standard Deviation is £41,995 with Total Sold: 8
    • The Last 5 Year average price is £203,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 THE RIDGE: £203,000 (Sold on 10 Jul 2020)
    • The first recorded sale happened at this postcode is 5 THE RIDGE: £61,000 (Sold on 15 Aug 1997)
  • Terraced
    • The average price is around £197,333 median price is £212,000 Standard Deviation is £26,600 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 THE RIDGE: £212,000 (Sold on 30 Jun 2017)
    • The first recorded sale happened at this postcode is 11 THE RIDGE: £160,000 (Sold on 17 Jun 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3LN 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£280,000 £3,011 1
2011£195,000 £1,420 1
2006£207,0002
2004£172,500 £1,534 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£203,000 £2,093 1
2018£180,000 £2,045 1
2017£186,000 £1,947 2
2014£145,000 £1,648 1
2006£172,475 £2,336 2
1997£61,000 £814 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£212,000 £1,618 1
2016£220,000 £1,719 1
2015£160,000 £1,250 1

All the Sales in the THE RIDGE, NE40 3LN

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

AddressSold DatePrice% Change
12 THE RIDGEDetached, FreeholdArea: 93 Sq.mtrAge: 1967-197502 Jun 2023£280,00075.00%
04 Jun 2004£160,000First Sale
7 THE RIDGESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1950-196610 Jul 2020£203,000First Sale
5 THE RIDGESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-196607 Sep 2018£180,00024.14%
24 Jan 2014£145,000-17.14%
04 Sep 2006£175,000186.89%
15 Aug 1997£61,000First Sale
13 THE RIDGESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1967-197515 Dec 2017£175,000First Sale
10 THE RIDGESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1967-197529 Sep 2017£197,000First Sale
1 THE RIDGETerraced, FreeholdArea: 131 Sq.mtrAge: 1950-196630 Jun 2017£212,000First Sale
11 THE RIDGETerraced, FreeholdArea: 128 Sq.mtrAge: 1976-198211 Mar 2016£220,00037.50%
17 Jun 2015£160,000First Sale
2 THE RIDGEDetached, FreeholdArea: 137.36 Sq.mtrAge: 1967-197514 Jan 2011£195,0005.41%
11 Jun 2004£185,000First Sale
4 THE RIDGESemi-Detached, Freehold18 Sep 2006£169,950First Sale
6 THE RIDGEDetached, Freehold24 Aug 2006£234,00030.00%
23 Mar 2006£180,000First Sale

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

THE RIDGE, NE40 3LN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £137,142 median price is £125,000 Standard Deviation is £80,761 with Total Sold: 499
    • The Last 5 Year average price is £183,167 with Total Sold: 111
    • 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 £131,518 median price is £120,000 Standard Deviation is £84,847 with Total Sold: 306
    • The Last 5 Year average price is £188,165 with Total Sold: 61
    • 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 £224,275 median price is £200,000 Standard Deviation is £117,148 with Total Sold: 185
    • The Last 5 Year average price is £329,287 with Total Sold: 36
    • 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 £81,300 with Total Sold: 10
    • 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£187,562 £2,059 8
2023£201,077 £2,092 13
2022£205,856 £2,195 24
2021£153,714 £1,817 32
2020£190,376 £2,191 19
2019£182,700 £1,759 15
2018£187,460 £1,727 25
2017£150,804 £1,733 23
2016£147,816 £1,705 19
2015£160,556 £1,754 17
2014£137,562 £1,551 16
2013£156,778 £1,664 18
2012£141,423 £1,534 13
2011£241,625 £1,499 8
2010£159,708 £1,705 12
2009£143,625 £1,325 8
2008£144,286 £1,218 7
2007£161,468 £1,725 19
2006£150,809 £1,509 22
2005£173,406 £1,562 16
2004£130,450 £1,284 11
2003£110,750 £1,042 18
2002£78,149 £695 17
2001£67,440 £768 17
2000£58,677 £640 11
1999£65,744 £636 16
1998£74,611 £644 22
1997£58,170 £645 23
1996£61,179 £614 21
1995£57,111 £803 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£362,0003
2023£159,134 £1,580 10
2022£239,600 £2,318 10
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£185,595 £1,833 10
2016£174,417 £1,633 6
2015£166,056 £1,709 9
2014£185,295 £1,475 11
2013£123,203 £1,242 5
2012£146,900 £1,502 5
2011£130,377 £1,476 10
2010£127,667 £1,350 6
2009£176,071 £1,592 7
2008£142,333 £1,336 6
2007£230,556 £1,543 8
2006£151,760 £1,500 15
2005£143,662 £1,482 12
2004£162,467 £1,384 12
2003£123,283 £937 9
2002£77,227 £858 15
2001£64,145 £669 20
2000£53,750 £425 11
1999£66,090 £786 10
1998£52,231 £542 13
1997£53,713 £561 16
1996£51,722 £453 9
1995£49,159 £478 11
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£119,869 £579 8
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 3LN area

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