Housing Market Analysis for THE OVAL, NE40 3LZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £185,000 median price is £185,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £185,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 THE OVAL: £185,000 (Sold on 21 Jun 2022)
    • The first recorded sale happened at this postcode is 1 THE OVAL: £185,000 (Sold on 21 Jun 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3LZ 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£185,000 £2,284 1

All the Sales in the THE OVAL, NE40 3LZ

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

AddressSold DatePrice% Change
1 THE OVALTerraced, FreeholdArea: 81 Sq.mtrAge: 1930-194921 Jun 2022£185,000First Sale

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

THE OVAL, NE40 3LZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £140,931 median price is £126,000 Standard Deviation is £88,443 with Total Sold: 608
    • The Last 5 Year average price is £200,300 with Total Sold: 115
    • 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 £141,954 median price is £126,250 Standard Deviation is £90,090 with Total Sold: 642
    • The Last 5 Year average price is £196,532 with Total Sold: 153
    • 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 £244,324 median price is £220,000 Standard Deviation is £133,573 with Total Sold: 287
    • The Last 5 Year average price is £379,099 with Total Sold: 58
    • 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 £834,313 median price is £170,000 Standard Deviation is £1,833,524 with Total Sold: 23
    • The Last 5 Year average price is £927,141 with Total Sold: 12
    • 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 £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 , 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£263,1547
2023£194,972 £2,052 24
2022£202,888 £1,949 24
2021£182,500 £1,823 15
2020£187,568 £1,692 26
2019£212,082 £1,852 19
2018£172,624 £1,510 17
2017£194,402 £1,695 22
2016£214,559 £1,837 17
2015£155,219 £1,700 16
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£61,474 £485 25
1997£64,996 £589 28
1996£51,026 £424 24
1995£58,231 £506 16
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£177,804 £1,912 39
2020£198,629 £2,191 26
2019£182,175 £1,889 21
2018£174,018 £1,645 28
2017£155,889 £1,778 27
2016£163,200 £1,845 25
2015£167,593 £1,744 21
2014£146,798 £1,661 20
2013£159,361 £1,673 18
2012£140,275 £1,584 20
2011£199,500 £1,445 12
2010£196,393 £1,781 14
2009£145,333 £1,458 15
2008£145,714 £1,103 7
2007£152,513 £1,777 28
2006£145,287 £1,520 28
2005£174,534 £1,591 16
2004£132,769 £1,258 16
2003£110,028 £1,079 25
2002£83,204 £678 22
2001£68,910 £900 19
2000£62,559 £693 16
1999£62,242 £612 20
1998£68,660 £608 31
1997£65,235 £642 23
1996£62,898 £603 22
1995£64,156 £654 16
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,0002
2023£363,300 £2,617 10
2022£348,375 £2,735 8
2021£382,624 £2,692 19
2020£406,607 £2,824 14
2019£305,075 £2,584 5
2018£293,500 £2,430 10
2017£268,590 £2,372 5
2016£290,105 £1,967 14
2015£312,500 £2,895 2
2014£292,500 £2,586 3
2013£283,111 £2,244 9
2012£238,250 £1,866 8
2011£282,889 £2,315 9
2010£257,625 £2,342 8
2009£321,750 £1,877 6
2008£321,143 £2,477 7
2007£195,421 £1,785 7
2006£256,500 £2,109 14
2005£322,571 £2,551 7
2004£244,181 £1,709 16
2003£184,500 £1,469 13
2002£162,147 £1,256 17
2001£130,744 £937 8
2000£121,817 £1,173 9
1999£117,059 £1,039 16
1998£116,695 £567 10
1997£130,404 £1,014 11
1996£102,811 £725 14
1995£119,500 £593 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£1,270,667 £2,700 3
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 3LZ area

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