Housing Market Analysis for FERNDENE GROVE, NE40 3NX

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £49,833 median price is £52,000 Standard Deviation is £9,312 with Total Sold: 3
    • The Last 5 Year average price is £37,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 FERNDENE GROVE: £37,500 (Sold on 02 Dec 2022)
    • The first recorded sale happened at this postcode is 4 FERNDENE GROVE: £52,000 (Sold on 14 Oct 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3NX 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£37,500 £708 1
2018£60,000 £1,765 1
2011£52,000 £1,529 1

All the Sales in the FERNDENE GROVE, NE40 3NX

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

AddressSold DatePrice% Change
1 FERNDENE GROVEFlat, LeaseholdArea: 53 Sq.mtrAge: 1950-196602 Dec 2022£37,500First Sale
4 FERNDENE GROVEFlat, LeaseholdArea: 34 Sq.mtrAge: 1950-196631 Aug 2018£60,00015.38%
14 Oct 2011£52,000First Sale

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

FERNDENE GROVE, NE40 3NX Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £142,686 median price is £130,000 Standard Deviation is £87,781 with Total Sold: 512
    • The Last 5 Year average price is £201,391 with Total Sold: 87
    • 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 , 2 WALLACE TERRACE: £64,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £129,888 median price is £118,000 Standard Deviation is £86,204 with Total Sold: 368
    • The Last 5 Year average price is £192,799 with Total Sold: 71
    • 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 £237,626 median price is £201,500 Standard Deviation is £141,068 with Total Sold: 218
    • The Last 5 Year average price is £398,334 with Total Sold: 46
    • 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 £981,401 median price is £190,000 Standard Deviation is £1,908,698 with Total Sold: 21
    • The Last 5 Year average price is £1,429,990 with Total Sold: 8
    • 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 £112,309 with Total Sold: 16
    • 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£274,509 £2,339 8
2023£198,492 £2,076 21
2022£193,241 £1,972 22
2021£183,629 £1,869 19
2020£200,960 £1,688 17
2019£201,430 £1,766 15
2018£158,212 £1,420 17
2017£188,269 £1,651 18
2016£205,200 £1,773 15
2015£166,867 £1,782 15
2014£196,559 £1,462 17
2013£151,818 £1,357 11
2012£171,450 £1,607 10
2011£169,889 £1,541 9
2010£172,833 £1,715 12
2009£188,546 £1,711 11
2008£146,423 £1,570 13
2007£202,991 £1,675 16
2006£164,572 £1,571 20
2005£170,729 £1,462 20
2004£199,300 £1,463 15
2003£129,288 £1,178 17
2002£74,724 £712 23
2001£71,626 £734 30
2000£76,076 £550 21
1999£59,817 £559 23
1998£60,517 £535 18
1997£65,900 £556 18
1996£52,428 £457 26
1995£61,727 £556 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£178,2504
2023£174,154 £2,207 13
2022£233,000 £2,338 22
2021£162,152 £2,057 21
2020£198,227 £2,131 11
2019£158,197 £1,941 11
2018£142,004 £1,627 18
2017£159,577 £2,219 13
2016£154,344 £1,848 16
2015£165,828 £1,798 9
2014£151,818 £1,822 11
2013£117,750 £1,551 6
2012£128,533 £1,560 15
2011£145,000 £1,840 10
2010£207,611 £1,897 9
2009£137,875 £1,660 8
2008£147,500 £1,449 3
2007£150,366 £2,117 16
2006£146,779 £1,781 15
2005£102,425 £1,412 6
2004£113,317 £1,135 9
2003£101,897 £1,127 15
2002£85,109 £622 11
2001£71,318 £1,071 14
2000£65,545 £760 11
1999£56,954 £581 12
1998£58,526 £661 19
1997£59,360 £604 15
1996£56,500 £711 14
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£323,850 £3,265 10
2021£443,575 £2,732 18
2020£421,250 £3,057 10
2019£271,500 £2,738 5
2018£266,250 £2,626 10
2017£207,250 £2,517 4
2016£205,500 £2,216 6
2015£198,333 £2,797 3
2014£252,667 £2,432 3
2013£274,571 £2,383 7
2012£236,400 £2,561 5
2011£311,700 £2,748 5
2010£255,200 £2,345 5
2009£385,0001
2008£310,000 £1,989 2
2007£195,857 £1,696 7
2006£252,143 £2,103 7
2005£270,722 £2,740 9
2004£253,838 £1,844 13
2003£190,750 £1,436 8
2002£127,911 £1,305 11
2001£150,667 £1,176 6
2000£116,235 £1,164 10
1999£106,032 £1,138 11
1998£137,889 £720 9
1997£122,915 £1,025 13
1996£97,750 £668 6
1995£106,167 £910 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,0001
2023£200,0001
2022£1,877,9191
2021£128,500 £740 2
2020£2,978,333 £46,515 3
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 3NX area

The most common house types in the NE40 3NX postcode area are Semi-detached (67), Detached (45), and Terraced (9).

Total121
Semi-detached67
Detached45
Terraced9
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (87), and Owned: Owns with a mortgage or loan (20).

Owned: Owns outright87
Owned: Owns with a mortgage or loan20
Social rented: Rents from council or Local Authority4
Private rented: Private landlord or letting agency4
Private rented: Other private rented3
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3NX have 2 people in household (60), and 1 person in household (45).

2 people in household60
1 person in household45
3 people in household7
4 people in household5
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0