Housing Market Analysis for VILLAGE EAST, NE40 3NU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £104,900 median price is £108,000 Standard Deviation is £24,225 with Total Sold: 5
    • The most recent sale happened at this postcode is 12 VILLAGE EAST: £143,000 (Sold on 22 Jul 2015)
    • The first recorded sale happened at this postcode is 13 VILLAGE EAST: £74,000 (Sold on 08 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3NU 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
2015£143,0001
2001£108,0001
2000£99,7502
1998£74,0001

All the Sales in the VILLAGE EAST, NE40 3NU

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

AddressSold DatePrice% Change
12 VILLAGE EASTTerraced, Freehold22 Jul 2015£143,00069.23%
23 Jun 2000£84,500First Sale
13 VILLAGE EASTTerraced, Freehold30 Nov 2001£108,000-6.09%
29 Sep 2000£115,00055.41%
08 Apr 1998£74,000First Sale

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

VILLAGE EAST, NE40 3NU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £144,587 median price is £130,000 Standard Deviation is £89,368 with Total Sold: 477
    • The Last 5 Year average price is £202,473 with Total Sold: 92
    • 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 £137,341 median price is £123,000 Standard Deviation is £97,175 with Total Sold: 373
    • The Last 5 Year average price is £197,093 with Total Sold: 79
    • 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)
  • Detached
    • The average price is around £249,815 median price is £205,000 Standard Deviation is £150,268 with Total Sold: 194
    • The Last 5 Year average price is £409,724 with Total Sold: 42
    • The most recent sale happened at this postcode is , 2 REEDSIDE: £410,000 (Sold on 16 May 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 £948,275 median price is £195,000 Standard Deviation is £1,940,647 with Total Sold: 20
    • 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)
  • 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£282,082 £2,339 7
2023£194,649 £2,010 19
2022£191,490 £1,962 21
2021£184,900 £1,826 15
2020£204,895 £1,692 16
2019£205,818 £1,795 14
2018£160,288 £1,415 16
2017£192,992 £1,701 19
2016£208,929 £1,782 14
2015£167,000 £1,769 14
2014£200,406 £1,456 16
2013£151,818 £1,357 11
2012£172,722 £1,615 9
2011£169,889 £1,541 9
2010£172,833 £1,715 12
2009£182,833 £1,641 12
2008£144,875 £1,568 12
2007£208,657 £1,584 15
2006£157,655 £1,476 19
2005£171,714 £1,464 19
2004£199,300 £1,463 15
2003£126,633 £1,163 18
2002£74,302 £698 22
2001£71,723 £748 26
2000£75,980 £544 20
1999£60,603 £538 18
1998£60,517 £535 18
1997£67,663 £560 15
1996£51,984 £445 24
1995£63,412 £536 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£178,2504
2023£202,357 £2,236 14
2022£236,550 £2,338 20
2021£156,260 £2,057 20
2020£205,800 £2,193 10
2019£191,833 £1,998 11
2018£152,643 £1,612 18
2017£157,464 £2,158 14
2016£165,972 £1,805 18
2015£157,500 £1,789 9
2014£152,000 £1,849 10
2013£123,300 £1,549 5
2012£131,214 £1,578 14
2011£185,000 £1,772 12
2010£213,062 £1,930 8
2009£176,500 £1,613 8
2008£147,500 £1,449 3
2007£152,390 £2,117 15
2006£138,356 £1,665 16
2005£167,255 £1,498 10
2004£137,123 £1,213 11
2003£100,578 £1,085 16
2002£86,920 £622 10
2001£71,430 £1,141 15
2000£65,545 £760 11
1999£60,945 £581 10
1998£72,500 £648 20
1997£60,160 £604 15
1996£61,933 £691 15
1995£64,177 £617 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,000 £3,750 2
2023£378,000 £2,633 6
2022£340,438 £3,038 8
2021£447,318 £2,723 17
2020£474,062 £3,045 8
2019£200,000 £2,105 1
2018£266,667 £2,433 9
2017£207,250 £2,517 4
2016£250,500 £1,990 6
2015£182,500 £2,959 2
2014£281,500 £2,171 2
2013£281,167 £2,284 6
2012£241,750 £2,461 4
2011£271,417 £2,748 6
2010£249,250 £2,400 4
2009£385,0001
2008£388,333 £3,570 3
2007£195,857 £1,696 7
2006£272,125 £2,103 8
2005£291,056 £2,592 9
2004£258,742 £1,767 12
2003£195,500 £1,508 7
2002£153,657 £1,451 10
2001£159,750 £1,095 4
2000£116,235 £1,164 10
1999£115,445 £1,138 10
1998£146,500 £720 8
1997£129,723 £1,009 11
1996£109,750 £748 4
1995£119,000 £592 5
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£93,700 £1,232 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£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 3NU area

The most common house types in the NE40 3NU postcode area are Terraced (64), Semi-detached (35), and Detached (16).

Total120
Terraced64
Semi-detached35
Detached16
commercial building3
Flat1
converted building1
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (53), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright53
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency14
Social rented: Rents from council or Local Authority3
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3NU have 2 people in household (51), and 1 person in household (31).

2 people in household51
1 person in household31
3 people in household20
4 people in household11
5 people in household3
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0