Housing Market Analysis for THORP DRIVE, NE40 3PA

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £196,619 median price is £217,500 Standard Deviation is £76,400 with Total Sold: 24
    • The Last 5 Year average price is £254,643 with Total Sold: 7
    • The most recent sale happened at this postcode is 16 THORP DRIVE: £250,000 (Sold on 17 Aug 2022)
    • The first recorded sale happened at this postcode is 34 THORP DRIVE: £85,000 (Sold on 04 Aug 1995)
  • Semi-Detached
    • The average price is around £258,000 median price is £258,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 17 THORP DRIVE: £258,000 (Sold on 02 Dec 2011)
    • The first recorded sale happened at this postcode is 17 THORP DRIVE: £258,000 (Sold on 02 Dec 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3PA 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£257,500 £4,057 2
2020£210,000 £3,102 2
2019£282,500 £2,978 3
2018£262,500 £3,977 1
2016£305,000 £3,088 1
2015£230,000 £2,473 1
2014£195,000 £2,955 1
2013£235,000 £2,975 1
2012£215,000 £2,959 1
2005£259,5002
2004£195,000 £2,684 1
2001£132,500 £1,418 2
1999£85,9502
1997£85,475 £1,082 2
1995£86,000 £1,545 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£258,000 £2,014 1

All the Sales in the THORP DRIVE, NE40 3PA

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

AddressSold DatePrice% Change
16 THORP DRIVEDetached, LeaseholdArea: 61 Sq.mtrAge: 1983-199017 Aug 2022£250,000First Sale
27 THORP DRIVEDetached, LeaseholdArea: 66 Sq.mtrAge: 1983-199020 May 2022£265,00035.90%
10 Jan 2014£195,000First Sale
5 THORP DRIVEDetached, LeaseholdArea: 77 Sq.mtrAge: 1991-199514 Aug 2020£200,000First Sale
1 THORP DRIVEDetached, LeaseholdArea: 61 Sq.mtrAge: 1976-198231 Jul 2020£220,000First Sale
18 THORP DRIVEDetached, LeaseholdArea: 110.47 Sq.mtrAge: 1983-199005 Apr 2019£270,0000.0
05 Apr 2019£270,000First Sale
2 THORP DRIVEDetached, FreeholdArea: 76 Sq.mtrAge: 1976-198229 Mar 2019£307,500First Sale
14 THORP DRIVEDetached, LeaseholdArea: 66 Sq.mtrAge: 1983-199029 Aug 2018£262,500First Sale
12 THORP DRIVEDetached, LeaseholdArea: 98.76 Sq.mtrAge: 1983-199025 Feb 2016£305,000117.86%
18 Jun 2001£140,000First Sale
20 THORP DRIVEDetached, FreeholdArea: 93 Sq.mtrAge: 1976-198228 Aug 2015£230,000First Sale
30 THORP DRIVEDetached, FreeholdArea: 79 Sq.mtrAge: 1991-199531 Oct 2013£235,000170.27%
04 Jul 1997£86,9503.51%
30 May 1997£84,000First Sale
33 THORP DRIVEDetached, LeaseholdArea: 72.65 Sq.mtrAge: 1983-199005 Mar 2012£215,00010.26%
22 Sep 2004£195,000First Sale
17 THORP DRIVESemi-Detached, LeaseholdArea: 128.1 Sq.mtrAge: 1983-199002 Dec 2011£258,000First Sale
11 THORP DRIVEDetached, Freehold09 Sep 2005£259,5000.0
09 Sep 2005£259,500First Sale
9 THORP DRIVEDetached, Leasehold30 Mar 2001£125,000First Sale
23 THORP DRIVEDetached, Leasehold26 Feb 1999£85,9500.0
26 Feb 1999£85,950First Sale
7 THORP DRIVEDetached, Leasehold10 Nov 1995£87,000First Sale
34 THORP DRIVEDetached, LeaseholdArea: 55 Sq.mtrAge: 1983-199004 Aug 1995£85,000First Sale

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

THORP DRIVE, NE40 3PA Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £99,462 median price is £87,000 Standard Deviation is £53,095 with Total Sold: 328
    • The Last 5 Year average price is £151,631 with Total Sold: 53
    • 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)
  • Semi-Detached
    • The average price is around £117,644 median price is £111,250 Standard Deviation is £57,119 with Total Sold: 530
    • The Last 5 Year average price is £156,755 with Total Sold: 109
    • The most recent sale happened at this postcode is , 58 HEDDON VIEW: £95,500 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 18 CHURCH RISE: £80,000 (Sold on 17 Mar 1995)
  • Detached
    • The average price is around £196,866 median price is £175,750 Standard Deviation is £118,446 with Total Sold: 226
    • The Last 5 Year average price is £333,784 with Total Sold: 44
    • 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 , CROOKHILL HOUSE HEXHAM OLD ROAD: £81,500 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £848,743 median price is £181,000 Standard Deviation is £1,258,001 with Total Sold: 12
    • The Last 5 Year average price is £432,274 with Total Sold: 7
    • The most recent sale happened at this postcode is , 67 DENE CRESCENT: £200,000 (Sold on 22 Sep 2023)
    • 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 £71,388 median price is £72,000 Standard Deviation is £28,924 with Total Sold: 39
    • The Last 5 Year average price is £68,250 with Total Sold: 2
    • 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 , 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£168,500 £2,339 4
2023£178,450 £2,393 10
2022£169,300 £1,867 10
2021£163,921 £1,934 7
2020£126,393 £1,346 14
2019£121,000 £1,792 8
2018£116,188 £1,803 8
2017£133,181 £1,405 8
2016£146,500 £1,416 4
2015£149,112 £1,942 8
2014£102,625 £1,361 8
2013£115,325 £1,637 6
2012£112,778 £1,324 9
2011£96,875 £1,503 4
2010£97,028 £1,549 9
2009£141,286 £1,560 7
2008£112,450 £1,487 11
2007£149,153 £1,761 16
2006£116,622 £1,617 20
2005£125,667 £1,448 12
2004£93,108 £1,191 12
2003£94,970 £1,564 15
2002£57,200 £832 13
2001£51,810 £824 21
2000£57,018 £613 14
1999£43,906 £638 18
1998£52,696 £682 14
1997£46,771 £496 14
1996£52,942 £559 13
1995£48,068 £614 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,3758
2023£170,088 £2,207 17
2022£156,981 £2,007 27
2021£157,393 £1,933 29
2020£144,044 £1,796 17
2019£150,924 £1,875 11
2018£150,194 £1,791 13
2017£140,714 £1,780 21
2016£170,132 £2,190 17
2015£144,132 £1,846 22
2014£121,924 £1,576 27
2013£127,545 £1,648 11
2012£124,895 £1,529 19
2011£151,000 £2,004 12
2010£154,786 £1,978 7
2009£139,056 £1,613 18
2008£138,500 £1,983 9
2007£138,527 £1,764 24
2006£147,145 £1,856 20
2005£120,046 £1,707 14
2004£96,839 £1,165 19
2003£92,128 £1,180 20
2002£74,446 £856 26
2001£64,302 £808 21
2000£57,545 £799 20
1999£51,765 £645 17
1998£52,377 £649 26
1997£56,583 £578 12
1996£58,235 £670 17
1995£66,994 £666 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£288,333 £3,750 3
2023£323,500 £2,602 2
2022£302,312 £3,514 8
2021£407,643 £2,525 14
2020£341,429 £2,819 7
2019£265,900 £2,469 10
2018£244,583 £2,798 6
2017£217,710 £2,441 5
2016£192,500 £2,310 4
2015£187,000 £2,319 5
2014£229,143 £2,359 7
2013£187,833 £2,455 6
2012£265,000 £2,818 4
2011£288,375 £3,076 4
2010£288,190 £2,204 5
2009£233,850 £2,053 7
2008£298,738 £2,089 4
2007£203,4086
2006£253,900 £2,134 5
2005£244,312 £2,362 8
2004£183,306 £2,062 8
2003£191,786 £1,577 7
2002£132,960 £1,345 12
2001£114,958 £1,051 12
2000£97,790 £1,229 10
1999£86,030 £763 10
1998£115,300 £820 10
1997£91,132 £949 11
1996£76,993 £688 15
1995£86,359 £918 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£200,0001
2022£1,068,960 £3,023 2
2021£1,500 £23 2
2020£342,500 £1,022 2
2018£63,500 £1,155 2
2017£1,831,000 £2,700 2
2014£3,370,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£37,500 £708 1
2021£99,000 £1,571 1
2018£82,500 £1,564 2
2017£107,500 £1,739 2
2016£111,259 £1,794 1
2015£79,443 £1,393 3
2014£69,500 £1,373 2
2013£82,000 £1,323 1
2012£105,000 £1,875 1
2011£52,000 £1,529 1
2009£114,000 £1,823 1
2008£85,500 £2,250 1
2007£88,333 £1,744 3
2005£85,750 £1,289 2
2004£89,488 £1,887 4
2003£69,750 £1,512 2
2001£32,000 £821 1
2000£43,975 £910 2
1999£32,000 £821 1
1998£41,000 £911 1
1997£37,750 £608 2
1996£23,2501
1995£38,300 £853 3

House Type in NE40 3PA area

The most common house types in the NE40 3PA postcode area are Detached (62), Terraced (43), and Semi-detached (31).

Total138
Detached62
Terraced43
Semi-detached31
Flat1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (98), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright98
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency5
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
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 3PA have 2 people in household (66), and 1 person in household (47).

2 people in household66
1 person in household47
3 people in household12
4 people in household12
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0