Housing Market Analysis for GRANGE ROAD, NE40 3LT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £185,594 median price is £188,500 Standard Deviation is £83,081 with Total Sold: 16
    • The Last 5 Year average price is £253,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 2 GRANGE ROAD: £110,000 (Sold on 18 Nov 2022)
    • The first recorded sale happened at this postcode is 13 GRANGE ROAD: £360,000 (Sold on 16 May 2024)
  • Detached
    • The average price is around £227,500 median price is £227,500 Standard Deviation is £22,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 13 GRANGE ROAD: £250,000 (Sold on 02 Aug 2010)
    • The first recorded sale happened at this postcode is 13 GRANGE ROAD: £205,000 (Sold on 30 Jan 2004)
  • Semi-Detached
    • The average price is around £147,500 median price is £147,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 GRANGE ROAD: £147,500 (Sold on 27 Oct 2003)
    • The first recorded sale happened at this postcode is 11 GRANGE ROAD: £147,500 (Sold on 27 Oct 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3LT 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
2022£110,0001
2020£290,000 £2,056 1
2016£155,000 £2,013 1
2015£238,000 £3,195 1
2014£250,000 £1,562 1
2012£192,000 £1,361 1
2009£185,000 £1,407 1
2006£260,000 £1,625 1
2005£235,000 £1,469 2
2001£105,000 £656 1
1999£101,000 £491 2
1998£63,500 £825 1
1997£89,0001
2024£360,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£250,000 £3,356 1
2004£205,000 £2,752 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£147,5001

All the Sales in the GRANGE ROAD, NE40 3LT

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

AddressSold DatePrice% Change
2 GRANGE ROADTerraced, Leasehold18 Nov 2022£110,000First Sale
8 GRANGE ROADTerraced, FreeholdArea: 141.08 Sq.mtrAge: 1900-192918 Dec 2020£290,00051.04%
18 May 2012£192,000First Sale
2A GRANGE ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1900-192929 Feb 2016£155,000144.09%
13 Mar 1998£63,500First Sale
13 GRANGE ROADTerraced, FreeholdArea: 74.5 Sq.mtrAge: before 190024 Jul 2015£238,000-4.80%
02 Aug 2010£250,00021.95%
30 Jan 2004£205,000-43.06%
16 May 2024£360,000First Sale
15 GRANGE ROADTerraced, FreeholdArea: 160 Sq.mtrAge: 1900-192931 Jan 2014£250,000-3.85%
30 Oct 2006£260,00010.64%
22 Apr 2005£235,000123.81%
23 Nov 2001£105,000First Sale
19 GRANGE ROADTerraced, FreeholdArea: 131.49 Sq.mtrAge: 1900-192917 Jul 2009£185,000First Sale
6 GRANGE ROADTerraced, Freehold25 Nov 2005£235,000147.37%
28 May 1999£95,0006.74%
19 Jun 1997£89,000First Sale
11 GRANGE ROADSemi-Detached, Freehold27 Oct 2003£147,500First Sale
17 GRANGE ROADTerraced, FreeholdArea: 218 Sq.mtrAge: 1900-192931 Mar 1999£107,000First Sale

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

GRANGE ROAD, NE40 3LT Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £141,165 median price is £127,000 Standard Deviation is £88,156 with Total Sold: 619
    • The Last 5 Year average price is £198,155 with Total Sold: 100
    • 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 £142,253 median price is £129,000 Standard Deviation is £89,022 with Total Sold: 671
    • The Last 5 Year average price is £197,095 with Total Sold: 134
    • 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 £240,566 median price is £210,000 Standard Deviation is £134,235 with Total Sold: 296
    • The Last 5 Year average price is £379,388 with Total Sold: 55
    • 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 £799,775 median price is £166,000 Standard Deviation is £1,802,545 with Total Sold: 24
    • 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)
  • Flat
    • The average price is around £87,990 median price is £80,000 Standard Deviation is £42,987 with Total Sold: 97
    • The Last 5 Year average price is £110,261 with Total Sold: 17
    • 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 , 10 MEADOW WALK: £44,950 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£257,447 £2,339 8
2023£194,972 £2,052 24
2022£202,692 £1,974 25
2021£183,906 £1,828 16
2020£187,658 £1,697 27
2019£212,082 £1,852 19
2018£172,624 £1,510 17
2017£193,993 £1,710 23
2016£214,559 £1,837 17
2015£161,694 £1,710 18
2014£183,989 £1,465 22
2013£153,265 £1,365 13
2012£160,409 £1,608 11
2011£151,135 £1,534 18
2010£170,429 £1,668 14
2009£181,167 £1,547 12
2008£141,423 £1,552 13
2007£208,413 £1,596 19
2006£162,772 £1,565 27
2005£172,783 £1,517 25
2004£177,802 £1,423 20
2003£122,122 £1,122 20
2002£79,761 £792 31
2001£70,670 £731 34
2000£71,222 £546 23
1999£64,848 £612 26
1998£61,860 £485 26
1997£64,996 £589 28
1996£52,370 £442 26
1995£58,571 £523 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£187,708 £2,059 12
2023£185,295 £2,053 22
2022£236,848 £2,285 33
2021£173,204 £1,932 41
2020£198,629 £2,191 26
2019£181,621 £1,883 22
2018£179,758 £1,724 31
2017£161,804 £1,849 28
2016£164,556 £1,884 27
2015£167,593 £1,744 21
2014£150,760 £1,711 21
2013£159,342 £1,671 19
2012£142,405 £1,584 21
2011£198,846 £1,506 13
2010£196,036 £1,886 14
2009£145,333 £1,458 15
2008£152,188 £1,411 8
2007£152,513 £1,777 28
2006£152,598 £1,594 31
2005£174,534 £1,591 16
2004£132,925 £1,258 16
2003£110,028 £1,079 25
2002£86,552 £678 23
2001£71,585 £903 21
2000£62,559 £693 16
1999£66,084 £612 22
1998£68,577 £608 32
1997£64,276 £667 25
1996£62,830 £632 25
1995£63,382 £654 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,0002
2023£331,300 £2,624 10
2022£338,667 £2,788 9
2021£384,183 £2,759 21
2020£412,115 £2,858 13
2019£305,075 £2,584 5
2018£292,778 £2,370 9
2017£253,429 £2,194 7
2016£281,652 £1,848 13
2015£276,667 £2,743 3
2014£238,333 £2,057 3
2013£280,000 £2,257 8
2012£238,250 £1,866 8
2011£288,850 £2,327 10
2010£257,625 £2,342 8
2009£321,750 £1,877 6
2008£321,143 £2,477 7
2007£200,883 £1,958 9
2006£256,500 £2,109 14
2005£299,500 £2,480 9
2004£245,893 £1,705 15
2003£180,214 £1,638 14
2002£157,906 £1,237 16
2001£132,328 £931 9
2000£121,817 £1,173 9
1999£115,719 £1,000 18
1998£111,871 £567 12
1997£138,550 £1,107 9
1996£102,811 £725 14
1995£115,833 £592 6
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
2019£553,0002
2018£93,700 £1,229 5
2017£954,350 £2,700 4
2016£72,0001
2015£341,0001
2014£3,370,0001
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£107,000 £1,286 3
2017£128,333 £1,627 3
2016£112,565 £1,897 4
2015£87,190 £1,479 7
2014£111,200 £1,553 5
2013£82,000 £1,323 1
2012£88,000 £1,727 3
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£80,0001
2005£100,812 £1,363 4
2004£95,136 £1,389 7
2003£82,333 £1,511 3
2002£62,790 £1,035 5
2001£31,333 £439 3
2000£47,090 £872 5
1999£56,983 £1,000 3
1997£43,240 £690 5
1996£39,917 £632 3
1995£44,950 £817 1

House Type in NE40 3LT area

The most common house types in the NE40 3LT postcode area are Semi-detached (53), Terraced (42), and Detached (23).

Total119
Semi-detached53
Terraced42
Detached23
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright62
Owned: Owns with a mortgage or loan49
Private rented: Private landlord or letting agency9
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3LT have 2 people in household (47), and 1 person in household (25).

2 people in household47
1 person in household25
3 people in household24
4 people in household17
5 people in household4
7 people in household2
6 people in household1
8 or more people in household1
0 people in household0