Housing Market Analysis for PETH LANE, NE40 3PB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £250,200 median price is £255,000 Standard Deviation is £129,230 with Total Sold: 10
    • The Last 5 Year average price is £425,000 with Total Sold: 1
    • The most recent sale happened at this postcode is ABERAVON PETH LANE: £425,000 (Sold on 15 Jul 2021)
    • The first recorded sale happened at this postcode is WILLOWCROFT PETH LANE: £174,999 (Sold on 14 Mar 1997)
  • Semi-Detached
    • The average price is around £159,750 median price is £159,750 Standard Deviation is £70,250 with Total Sold: 2
    • The most recent sale happened at this postcode is GLENGARIFF PETH LANE: £230,000 (Sold on 01 Feb 2017)
    • The first recorded sale happened at this postcode is GLENGARIFF PETH LANE: £89,500 (Sold on 25 Aug 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3PB 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
2021£425,000 £3,788 1
2012£360,000 £3,209 1
2010£360,000 £2,167 1
2009£385,0001
2003£320,0001
2000£180,000 £1,330 2
1998£52,000 £313 1
1997£120,000 £1,054 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£230,000 £2,277 1
2000£89,500 £886 1

All the Sales in the PETH LANE, NE40 3PB

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

AddressSold DatePrice% Change
ABERAVON PETH LANEDetached, FreeholdArea: 112.2 Sq.mtrAge: 1950-196615 Jul 2021£425,00018.06%
08 May 2012£360,000111.76%
31 Oct 2000£170,000First Sale
GLENGARIFF PETH LANESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1950-196601 Feb 2017£230,000156.98%
25 Aug 2000£89,500First Sale
WILLOWCROFT PETH LANEDetached, FreeholdArea: 166.1 Sq.mtrAge: 1967-197508 Apr 2010£360,00089.47%
07 Mar 2000£190,000265.38%
07 Dec 1998£52,000-70.29%
14 Mar 1997£174,999First Sale
ELLESMERE PETH LANEDetached, Freehold10 Nov 2009£385,00020.31%
27 Nov 2003£320,000392.31%
11 Apr 1997£65,000First Sale

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

PETH LANE, NE40 3PB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £143,074 median price is £131,000 Standard Deviation is £88,252 with Total Sold: 493
    • The Last 5 Year average price is £200,780 with Total Sold: 99
    • 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 £129,464 median price is £115,000 Standard Deviation is £86,550 with Total Sold: 354
    • The Last 5 Year average price is £186,255 with Total Sold: 76
    • 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 £227,173 median price is £198,475 Standard Deviation is £133,769 with Total Sold: 202
    • The Last 5 Year average price is £375,741 with Total Sold: 45
    • 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 , 34 THORP DRIVE: £85,000 (Sold on 04 Aug 1995)
  • Other
    • The average price is around £948,610 median price is £195,000 Standard Deviation is £1,870,858 with Total Sold: 22
    • The Last 5 Year average price is £1,164,174 with Total Sold: 11
    • 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£292,868 £2,339 7
2023£192,167 £2,076 20
2022£193,241 £1,972 22
2021£187,719 £1,898 18
2020£200,122 £1,674 17
2019£196,763 £1,816 15
2018£160,773 £1,462 15
2017£186,991 £1,637 17
2016£205,200 £1,773 15
2015£166,867 £1,782 15
2014£197,781 £1,481 16
2013£151,818 £1,357 11
2012£171,889 £1,622 9
2011£169,889 £1,541 9
2010£179,000 £1,765 11
2009£188,546 £1,711 11
2008£149,708 £1,619 12
2007£202,991 £1,675 16
2006£164,572 £1,571 20
2005£174,662 £1,495 19
2004£197,963 £1,454 15
2003£122,229 £1,238 17
2002£77,302 £748 22
2001£68,142 £728 27
2000£75,573 £583 22
1999£59,817 £559 23
1998£60,517 £535 18
1997£68,306 £599 17
1996£50,755 £479 24
1995£60,300 £566 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£178,2504
2023£169,636 £2,206 11
2022£231,300 £2,302 20
2021£157,605 £2,021 21
2020£198,227 £2,131 11
2019£162,241 £2,010 9
2018£141,727 £1,642 18
2017£159,577 £2,219 13
2016£154,344 £1,848 16
2015£155,041 £1,712 11
2014£148,227 £1,803 11
2013£116,800 £1,586 5
2012£130,643 £1,624 14
2011£147,222 £1,899 9
2010£199,111 £1,942 9
2009£137,875 £1,660 8
2008£147,500 £1,449 3
2007£147,890 £2,117 15
2006£146,779 £1,781 15
2005£98,793 £1,412 7
2004£109,980 £1,065 10
2003£103,461 £1,159 14
2002£95,133 £687 9
2001£73,342 £1,071 13
2000£65,545 £760 11
1999£56,954 £581 12
1998£60,111 £696 18
1997£58,531 £604 13
1996£57,346 £711 13
1995£64,177 £617 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,000 £3,750 2
2023£397,000 £2,541 4
2022£314,850 £3,360 10
2021£443,575 £2,732 18
2020£368,333 £2,925 6
2019£271,500 £2,738 5
2018£270,833 £2,676 9
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£183,400 £2,455 5
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£196,369 £1,696 8
2006£265,833 £2,103 6
2005£238,357 £2,408 7
2004£241,359 £1,802 11
2003£202,286 £1,517 7
2002£129,377 £1,305 12
2001£150,571 £1,176 7
2000£116,235 £1,164 10
1999£101,350 £923 11
1998£137,889 £720 9
1997£122,086 £936 11
1996£81,083 £631 6
1995£82,500 £1,111 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,0001
2023£200,0001
2022£1,068,960 £3,023 2
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 3PB area

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