Housing Market Analysis for ELVASTON ROAD, NE40 3NT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £154,833 median price is £160,000 Standard Deviation is £93,590 with Total Sold: 9
    • The Last 5 Year average price is £160,000 with Total Sold: 1
    • The most recent sale happened at this postcode is TURRET HOUSE, 5 ELVASTON ROAD: £160,000 (Sold on 05 Aug 2022)
    • The first recorded sale happened at this postcode is 3 ELVASTON ROAD: £30,000 (Sold on 16 Dec 1997)
  • Detached
    • The average price is around £233,375 median price is £255,000 Standard Deviation is £72,847 with Total Sold: 4
    • The Last 5 Year average price is £310,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 ELVASTON ROAD: £310,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is ELVASTON HOUSE ELVASTON ROAD: £113,500 (Sold on 15 Apr 1999)
  • Flat
    • The average price is around £146,000 median price is £172,500 Standard Deviation is £50,354 with Total Sold: 4
    • The most recent sale happened at this postcode is 3A ELVASTON ROAD: £170,000 (Sold on 13 Sep 2017)
    • The first recorded sale happened at this postcode is 3A ELVASTON ROAD: £59,000 (Sold on 26 Feb 2004)
  • Semi-Detached
    • The average price is around £255,000 median price is £255,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is ELVASTON HOUSE ELVASTON ROAD: £255,000 (Sold on 12 Feb 2016)
    • The first recorded sale happened at this postcode is ELVASTON HOUSE ELVASTON ROAD: £255,000 (Sold on 12 Feb 2016)
  • Other
    • The average price is around £170,000 median price is £170,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • 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 3A ELVASTON ROAD: £170,000 (Sold on 07 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3NT 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£160,0001
2018£282,000 £1,099 1
2006£183,500 £1,199 1
2005£210,0001
2004£292,500 £1,140 1
1999£130,000 £507 1
1998£52,750 £60 2
1997£30,000 £196 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£310,000 £1,761 1
2006£260,000 £1,857 1
2004£250,000 £1,420 1
1999£113,500 £811 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£170,000 £1,401 1
2008£177,500 £1,329 2
2004£59,000 £486 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£255,000 £1,821 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,0001

All the Sales in the ELVASTON ROAD, NE40 3NT

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

AddressSold DatePrice% Change
TURRET HOUSE, 5 ELVASTON ROADTerraced, Freehold05 Aug 2022£160,000-23.81%
22 Apr 2005£210,000First Sale
1 ELVASTON ROADDetached, FreeholdArea: 176 Sq.mtrAge: 1900-192930 Jun 2021£310,00024.00%
28 Apr 2004£250,000First Sale
MANOR HOLME ELVASTON ROADTerraced, FreeholdArea: 256.66 Sq.mtrAge: before 190028 Sep 2018£282,000-3.59%
27 Aug 2004£292,500125.00%
07 Dec 1999£130,000738.71%
25 Sep 1998£15,500First Sale
3A ELVASTON ROADFlat, LeaseholdArea: 121.31 Sq.mtrAge: 2007 onwards13 Sep 2017£170,000-5.56%
15 Feb 2008£180,000205.08%
26 Feb 2004£59,000-65.29%
07 Mar 2024£170,000First Sale
ELVASTON HOUSE ELVASTON ROADSemi-Detached, FreeholdArea: 140 Sq.mtrAge: 1900-192912 Feb 2016£255,000-1.92%
13 Oct 2006£260,000129.07%
15 Apr 1999£113,500First Sale
3 ELVASTON ROADFlat, LeaseholdArea: 148.92 Sq.mtrAge: 1900-192925 Aug 2008£175,000-4.63%
10 Mar 2006£183,500511.67%
16 Dec 1997£30,000First Sale
7 ELVASTON ROADTerraced, Freehold09 Oct 1998£90,000First Sale

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

ELVASTON ROAD, NE40 3NT Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £142,645 median price is £127,250 Standard Deviation is £89,899 with Total Sold: 468
    • The Last 5 Year average price is £198,192 with Total Sold: 91
    • 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 £146,272 median price is £125,000 Standard Deviation is £104,607 with Total Sold: 367
    • The Last 5 Year average price is £209,911 with Total Sold: 80
    • The most recent sale happened at this postcode is , 17 DENE CLOSE: £245,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 TOWER GARDENS: £44,500 (Sold on 01 Mar 1995)
  • Other
    • The average price is around £998,079 median price is £200,000 Standard Deviation is £1,978,565 with Total Sold: 19
    • The Last 5 Year average price is £1,211,333 with Total Sold: 9
    • 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)
  • Detached
    • The average price is around £254,165 median price is £216,250 Standard Deviation is £149,062 with Total Sold: 190
    • The Last 5 Year average price is £398,938 with Total Sold: 42
    • The most recent sale happened at this postcode is , BEECHWOOD, 1 BEECHWOOD AVENUE: £540,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is , 6 NORTH CLOSE: £87,000 (Sold on 03 Feb 1995)
  • Flat
    • The average price is around £92,404 median price is £86,500 Standard Deviation is £42,371 with Total Sold: 88
    • The Last 5 Year average price is £110,941 with Total Sold: 18
    • 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£292,8466
2023£190,540 £2,006 21
2022£185,437 £1,852 19
2021£183,464 £1,821 14
2020£194,343 £1,664 17
2019£205,818 £1,795 14
2018£160,288 £1,415 16
2017£193,436 £1,683 18
2016£208,929 £1,782 14
2015£159,250 £1,766 12
2014£200,406 £1,456 16
2013£146,662 £1,365 12
2012£173,688 £1,615 8
2011£161,732 £1,529 10
2010£176,727 £1,665 11
2009£184,150 £1,517 10
2008£144,875 £1,568 12
2007£205,823 £1,521 15
2006£159,469 £1,476 18
2005£171,609 £1,491 19
2004£190,694 £1,463 16
2003£126,712 £1,163 16
2002£76,569 £734 24
2001£69,857 £719 26
2000£74,029 £546 21
1999£60,603 £538 18
1998£57,903 £427 17
1997£65,997 £560 16
1996£49,410 £393 21
1995£60,768 £479 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£201,8754
2023£201,500 £2,144 14
2022£257,850 £2,341 20
2021£176,347 £2,037 18
2020£206,643 £2,245 14
2019£194,017 £2,021 10
2018£161,900 £1,554 15
2017£159,214 £1,980 14
2016£165,868 £1,778 19
2015£189,395 £1,851 10
2014£155,800 £1,861 10
2013£173,714 £1,540 7
2012£147,308 £1,624 13
2011£203,182 £1,471 11
2010£204,409 £1,960 11
2009£176,500 £1,613 8
2008£147,500 £1,449 3
2007£156,364 £1,922 14
2006£144,519 £1,595 15
2005£170,561 £1,345 9
2004£145,582 £1,298 11
2003£93,327 £1,060 13
2002£99,071 £657 14
2001£70,746 £1,105 12
2000£68,312 £775 8
1999£72,045 £618 10
1998£71,571 £648 21
1997£58,582 £596 17
1996£66,318 £680 11
1995£65,545 £617 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,0001
2023£200,0001
2022£334,000 £2,550 1
2021£128,500 £740 2
2020£4,417,500 £69,623 2
2019£553,0002
2018£116,625 £1,630 4
2017£1,270,667 £2,700 3
2016£72,0001
2015£341,0001
2014£3,370,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,0001
2023£364,000 £2,633 7
2022£349,750 £2,856 8
2021£394,272 £2,670 18
2020£510,357 £3,131 7
2019£200,000 £2,105 1
2018£275,714 £2,409 7
2017£257,667 £2,360 3
2016£282,193 £1,901 7
2015£205,000 £2,440 1
2014£285,000 £2,298 1
2013£363,750 £2,394 4
2012£246,400 £2,038 5
2011£292,643 £2,634 7
2010£249,250 £2,400 4
2009£350,333 £1,719 3
2008£388,333 £3,570 3
2007£195,600 £1,696 5
2006£275,875 £1,910 8
2005£308,688 £2,585 8
2004£268,718 £1,732 11
2003£200,056 £1,435 9
2002£161,100 £1,293 10
2001£149,250 £846 4
2000£126,669 £1,173 8
1999£110,038 £1,097 12
1998£124,661 £567 9
1997£138,550 £1,107 9
1996£96,250 £748 6
1995£130,000 £508 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£84,625 £1,293 4
2022£87,800 £1,459 5
2021£162,890 £1,382 5
2020£102,498 £2,155 2
2019£100,0002
2018£107,000 £1,286 3
2017£128,333 £1,627 3
2016£112,565 £1,897 4
2015£98,666 £1,538 5
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£29,250 £355 2
2000£56,167 £973 3
1999£56,983 £1,000 3
1997£43,240 £690 5
1996£67,7501
1995£44,950 £817 1

House Type in NE40 3NT area

The most common house types in the NE40 3NT postcode area are Semi-detached (62), Terraced (17), and Flat (15).

Total112
Semi-detached62
Terraced17
Flat15
Detached13
converted building4
Shared house1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (42), and Social rented: Rents from council or Local Authority (29).

Owned: Owns outright42
Social rented: Rents from council or Local Authority29
Owned: Owns with a mortgage or loan20
Private rented: Private landlord or letting agency15
Private rented: Other private rented4
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3NT have 1 person in household (48), and 2 people in household (44).

1 person in household48
2 people in household44
4 people in household11
3 people in household10
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0