Housing Market Analysis for NE40 3NR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE40 3NR 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.

    All the Sales in the NE40 3NR

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

    AddressSold DatePrice% Change

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

    NE40 3NR Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £95,359 median price is £83,500 Standard Deviation is £62,943 with Total Sold: 497
      • The Last 5 Year average price is £146,342 with Total Sold: 76
      • The most recent sale happened at this postcode is , 6 HOLBURN TERRACE: £221,500 (Sold on 13 Sep 2024)
      • The first recorded sale happened at this postcode is , 1 SIMPSON STREET: £38,000 (Sold on 03 Feb 1995)
    • Detached
      • The average price is around £156,537 median price is £137,250 Standard Deviation is £87,557 with Total Sold: 444
      • The Last 5 Year average price is £274,126 with Total Sold: 52
      • 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 £116,559 median price is £110,000 Standard Deviation is £67,703 with Total Sold: 607
      • The Last 5 Year average price is £163,984 with Total Sold: 116
      • 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)
    • Other
      • The average price is around £654,195 median price is £252,500 Standard Deviation is £979,008 with Total Sold: 22
      • The Last 5 Year average price is £429,880 with Total Sold: 9
      • 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 £62,279 median price is £60,000 Standard Deviation is £30,683 with Total Sold: 55
      • The Last 5 Year average price is £77,000 with Total Sold: 3
      • 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: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£203,938 £1,757 8
    2023£166,591 £2,241 11
    2022£154,375 £1,673 12
    2021£141,371 £1,740 12
    2020£128,046 £1,295 22
    2019£117,455 £1,656 11
    2018£123,158 £1,547 12
    2017£130,038 £1,414 12
    2016£111,119 £1,138 8
    2015£131,262 £1,608 13
    2014£122,615 £1,305 13
    2013£111,272 £1,505 9
    2012£106,818 £1,232 11
    2011£102,500 £1,477 5
    2010£97,146 £1,482 12
    2009£131,091 £1,461 11
    2008£116,541 £1,563 11
    2007£161,978 £1,624 23
    2006£114,311 £1,539 27
    2005£119,500 £1,394 14
    2004£114,988 £1,219 21
    2003£87,074 £1,102 27
    2002£58,312 £834 21
    2001£51,732 £762 31
    2000£52,107 £549 30
    1999£42,165 £621 26
    1998£45,457 £591 23
    1997£42,458 £495 25
    1996£48,059 £515 17
    1995£42,250 £504 19
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£267,000 £3,750 5
    2023£313,000 £2,590 6
    2022£267,889 £2,716 9
    2021£307,947 £2,639 15
    2020£221,000 £2,469 5
    2019£242,198 £2,245 12
    2018£263,222 £2,200 9
    2017£227,839 £2,305 9
    2016£200,833 £2,187 6
    2015£179,571 £2,063 7
    2014£222,286 £2,109 7
    2013£184,636 £2,147 11
    2012£205,591 £2,261 11
    2011£189,375 £2,249 4
    2010£243,286 £2,111 7
    2009£203,135 £2,063 7
    2008£310,619 £2,414 8
    2007£211,682 £2,082 19
    2006£237,115 £2,288 13
    2005£187,056 £2,105 9
    2004£174,162 £1,991 12
    2003£160,476 £1,700 21
    2002£148,776 £1,427 18
    2001£108,533 £1,004 26
    2000£88,852 £1,012 24
    1999£92,120 £872 27
    1998£91,515 £872 65
    1997£80,463 £796 26
    1996£77,064 £715 21
    1995£84,968 £745 25
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£180,500 £2,059 12
    2023£180,684 £2,174 19
    2022£165,733 £2,016 30
    2021£151,938 £1,830 25
    2020£131,589 £1,554 14
    2019£175,656 £1,736 16
    2018£167,689 £1,777 16
    2017£129,363 £1,749 22
    2016£186,773 £1,972 13
    2015£145,837 £1,756 19
    2014£112,520 £1,410 23
    2013£132,321 £1,732 14
    2012£121,476 £1,487 21
    2011£179,971 £1,892 17
    2010£134,200 £1,663 10
    2009£143,594 £1,402 16
    2008£131,125 £1,972 8
    2007£147,041 £1,799 29
    2006£135,179 £1,761 19
    2005£146,729 £1,629 24
    2004£103,248 £1,230 23
    2003£90,576 £1,192 23
    2002£67,818 £907 28
    2001£63,086 £793 26
    2000£56,198 £751 22
    1999£50,558 £678 25
    1998£61,215 £596 34
    1997£53,275 £635 20
    1996£55,741 £563 23
    1995£61,331 £712 16
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£205,0001
    2022£711,730 £2,757 4
    2021£1,500 £23 2
    2020£100,000 £298 1
    2019£714,0001
    2018£154,250 £1,385 4
    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
    2021£99,000 £1,571 1
    2019£54,500 £1,096 1
    2018£105,000 £1,364 1
    2017£107,500 £1,739 2
    2016£111,259 £1,794 1
    2015£71,066 £1,379 5
    2014£62,167 £1,209 3
    2013£82,000 £1,323 1
    2012£86,250 £1,530 2
    2009£114,000 £1,823 1
    2008£85,500 £2,250 1
    2007£82,800 £1,584 5
    2005£85,750 £1,289 2
    2004£89,488 £1,887 4
    2003£69,750 £1,512 2
    2002£25,7501
    2001£33,750 £713 2
    2000£38,725 £815 4
    1999£23,167 £500 3
    1998£32,000 £911 2
    1997£31,333 £608 3
    1996£25,083 £632 3
    1995£33,350 £853 4

    House Type in NE40 3NR area

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