Housing Market Analysis for NE40 3NJ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £48,000 median price is £48,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £48,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 19 CUSHYCOW LANE: £48,000 (Sold on 21 Dec 2023)
    • The first recorded sale happened at this postcode is 19 CUSHYCOW LANE: £48,000 (Sold on 21 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3NJ 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
2023£48,000 £923 1

All the Sales in the NE40 3NJ

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

AddressSold DatePrice% Change
19 CUSHYCOW LANETerraced, LeaseholdArea: 52 Sq.mtrAge: 1976-198221 Dec 2023£48,000First Sale

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

NE40 3NJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £151,075 median price is £127,750 Standard Deviation is £77,630 with Total Sold: 390
    • The Last 5 Year average price is £258,183 with Total Sold: 44
    • The most recent sale happened at this postcode is , 1 LESLIE CLOSE: £325,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 11 ASHTON COURT: £86,500 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £105,036 median price is £103,000 Standard Deviation is £50,971 with Total Sold: 496
    • The Last 5 Year average price is £148,290 with Total Sold: 94
    • 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 , 5 DUNLIN CLOSE: £66,950 (Sold on 31 Jan 1995)
  • Terraced
    • The average price is around £76,806 median price is £76,500 Standard Deviation is £36,357 with Total Sold: 373
    • The Last 5 Year average price is £105,734 with Total Sold: 47
    • The most recent sale happened at this postcode is , 74 LOW ROW: £80,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 1 SIMPSON STREET: £38,000 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £779,425 median price is £300,000 Standard Deviation is £1,084,973 with Total Sold: 15
    • The Last 5 Year average price is £323,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 12A SANDERLING CLOSE: £205,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , SWIFT SWEEPER STARGATE INDUSTRIAL ESTATE: £1,066,978 (Sold on 10 Dec 2013)
  • Flat
    • The average price is around £53,721 median price is £49,250 Standard Deviation is £29,686 with Total Sold: 40
    • The Last 5 Year average price is £66,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 1 MULLEN DRIVE: £77,500 (Sold on 26 Aug 2022)
    • The first recorded sale happened at this postcode is , 34 SILVERMERE DRIVE: £39,950 (Sold on 24 Mar 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£281,2504
2023£326,200 £2,577 5
2022£274,429 £2,535 7
2021£250,515 £2,764 13
2020£221,250 £2,475 4
2019£231,034 £2,245 11
2018£288,333 £2,120 6
2017£233,507 £2,296 7
2016£213,600 £2,135 5
2015£184,400 £1,935 5
2014£222,286 £2,109 7
2013£192,714 £2,045 7
2012£202,150 £2,157 10
2011£189,375 £2,249 4
2010£243,286 £2,111 7
2009£203,135 £2,063 7
2008£292,492 £2,029 6
2007£214,767 £2,082 15
2006£213,050 £2,288 10
2005£191,688 £2,000 8
2004£177,445 £1,894 10
2003£160,476 £1,700 21
2002£149,304 £1,230 13
2001£107,494 £997 24
2000£92,239 £913 19
1999£88,706 £878 23
1998£89,833 £872 63
1997£81,001 £772 25
1996£78,168 £715 20
1995£85,383 £754 24
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£174,800 £2,059 10
2023£144,115 £1,903 13
2022£157,960 £1,944 25
2021£142,675 £1,608 20
2020£126,327 £1,540 13
2019£144,077 £1,712 13
2018£145,037 £1,641 12
2017£121,167 £1,535 18
2016£154,228 £1,938 9
2015£132,957 £1,607 14
2014£106,898 £1,336 20
2013£126,500 £1,657 11
2012£111,406 £1,313 16
2011£143,292 £1,727 12
2010£137,167 £1,651 9
2009£113,955 £1,376 11
2008£131,125 £1,972 8
2007£138,594 £1,605 24
2006£133,438 £1,670 17
2005£121,074 £1,418 17
2004£91,009 £1,208 22
2003£88,612 £1,192 20
2002£67,700 £907 27
2001£59,875 £711 22
2000£53,380 £730 18
1999£49,831 £678 24
1998£51,600 £563 28
1997£49,933 £635 15
1996£49,885 £444 17
1995£58,895 £721 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,417 £1,466 6
2023£119,583 £1,806 6
2022£103,786 £1,176 7
2021£110,857 £1,499 7
2020£98,573 £1,151 14
2019£96,714 £1,500 7
2018£105,988 £1,527 8
2017£98,688 £1,244 8
2016£111,993 £1,116 7
2015£105,990 £1,491 10
2014£96,950 £1,288 10
2013£101,494 £1,412 9
2012£94,750 £1,193 8
2011£91,875 £1,363 4
2010£94,229 £1,368 12
2009£107,000 £1,216 8
2008£101,619 £1,441 8
2007£113,964 £1,514 14
2006£105,155 £1,539 22
2005£96,216 £1,310 11
2004£93,574 £1,150 17
2003£72,624 £1,080 23
2002£53,189 £836 19
2001£45,279 £761 24
2000£42,828 £501 25
1999£38,655 £619 20
1998£39,053 £551 18
1997£36,645 £494 18
1996£36,938 £388 8
1995£37,487 £461 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,0001
2022£375,000 £2,698 1
2021£1,000 £16 1
2019£714,0001
2018£245,000 £1,845 2
2017£1,250,1333
2016£258,0002
2015£601,5002
2014£3,370,0001
2013£1,066,9781
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£77,500 £1,987 1
2019£54,500 £1,096 1
2018£122,500 £1,204 2
2015£58,333 £1,329 3
2014£50,250 £1,119 2
2012£67,500 £1,184 1
2008£85,500 £2,250 1
2007£82,800 £1,584 5
2005£85,750 £1,289 2
2004£76,500 £2,013 2
2003£60,000 £1,579 1
2002£25,7501
2001£33,750 £713 2
2000£33,975 £668 4
1999£23,167 £500 3
1998£32,000 £911 2
1997£18,5001
1996£25,083 £632 3
1995£29,483 £888 3

House Type in NE40 3NJ area

The most common house types in the NE40 3NJ postcode area are Terraced (59), Flat (49), and Semi-detached (13).

Total124
Terraced59
Flat49
Semi-detached13
Shared house2
Detached1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (89), and Owned: Owns outright (12).

Social rented: Other social rented89
Owned: Owns outright12
Private rented: Private landlord or letting agency12
Owned: Owns with a mortgage or loan5
Social rented: Rents from council or Local Authority3
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3NJ have 1 person in household (56), and 2 people in household (34).

1 person in household56
2 people in household34
3 people in household16
4 people in household9
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0