Housing Market Analysis for PETH LANE, NE40 3PD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £126,500 median price is £126,500 Standard Deviation is £63,500 with Total Sold: 2
    • The most recent sale happened at this postcode is WHINHAVEN PETH LANE: £190,000 (Sold on 01 Mar 2004)
    • The first recorded sale happened at this postcode is WHINHAVEN PETH LANE: £63,000 (Sold on 31 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3PD 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
2004£190,000 £1,180 1
1997£63,000 £391 1

All the Sales in the PETH LANE, NE40 3PD

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

AddressSold DatePrice% Change
WHINHAVEN PETH LANEDetached, FreeholdArea: 161 Sq.mtr01 Mar 2004£190,000201.59%
31 Jan 1997£63,000First Sale

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

PETH LANE, NE40 3PD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £145,784 median price is £151,750 Standard Deviation is £61,776 with Total Sold: 206
    • The Last 5 Year average price is £193,832 with Total Sold: 44
    • 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 , 6 HOLBURN CLOSE: £64,000 (Sold on 23 Mar 1995)
  • Detached
    • The average price is around £218,612 median price is £195,000 Standard Deviation is £128,987 with Total Sold: 135
    • The Last 5 Year average price is £366,174 with Total Sold: 29
    • 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)
  • Terraced
    • The average price is around £120,437 median price is £115,000 Standard Deviation is £59,434 with Total Sold: 158
    • The Last 5 Year average price is £178,733 with Total Sold: 32
    • The most recent sale happened at this postcode is , 5 MEADOW CLOSE: £217,500 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 6 THE MEADOWS: £51,500 (Sold on 09 Feb 1995)
  • Other
    • The average price is around £368,213 median price is £162,000 Standard Deviation is £558,575 with Total Sold: 9
    • The Last 5 Year average price is £504,153 with Total Sold: 6
    • 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 , 18 DENE CRESCENT: £162,000 (Sold on 08 Feb 2017)
  • Flat
    • The average price is around £79,737 median price is £82,000 Standard Deviation is £26,880 with Total Sold: 21
    • 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 , 10 MEADOW WALK: £44,950 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,6673
2023£200,571 £2,642 7
2022£208,778 £2,499 9
2021£190,318 £2,364 14
2020£181,643 £2,268 7
2019£168,667 £2,579 4
2018£189,847 £2,084 6
2017£194,937 £2,513 8
2016£167,875 £2,414 8
2015£163,695 £1,825 10
2014£149,115 £1,896 13
2013£153,667 £2,010 3
2012£146,000 £1,952 8
2011£167,714 £2,257 7
2010£167,125 £2,209 4
2009£156,188 £1,859 8
2008£197,500 £2,028 1
2007£169,240 £2,433 10
2006£195,408 £2,421 6
2005£134,821 £2,115 7
2004£133,650 £910 3
2003£121,000 £1,593 6
2002£117,3905
2001£84,167 £1,089 6
2000£72,119 £1,008 8
1999£81,2504
1998£62,667 £947 9
1997£63,928 £739 7
1996£65,495 £831 10
1995£74,290 £864 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,000 £3,750 2
2023£247,000 £2,656 1
2022£302,312 £3,514 8
2021£488,881 £2,684 8
2020£368,333 £2,925 6
2019£303,125 £2,978 4
2018£244,583 £2,798 6
2017£206,333 £2,459 3
2016£204,000 £2,441 3
2015£192,500 £2,420 4
2014£252,667 £2,432 3
2013£187,833 £2,455 6
2012£271,667 £3,123 3
2011£331,167 £3,561 3
2010£278,317 £2,041 3
2009£260,667 £1,940 3
2008£310,000 £1,989 2
2007£200,1124
2006£270,0002
2005£246,917 £2,412 6
2004£192,575 £2,177 6
2003£204,375 £1,439 4
2002£123,431 £1,476 7
2001£132,400 £1,205 5
2000£105,700 £1,229 7
1999£91,780 £828 5
1998£112,500 £745 5
1997£98,869 £949 8
1996£72,875 £605 4
1995£82,500 £1,111 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£217,500 £2,339 1
2023£209,167 £2,564 6
2022£185,000 £2,047 8
2021£184,090 £2,004 5
2020£162,357 £1,738 7
2019£142,000 £1,758 5
2018£143,333 £1,849 3
2017£141,590 £1,516 5
2016£159,000 £1,805 2
2015£181,000 £1,833 5
2014£147,250 £1,430 2
2013£148,500 £1,515 2
2012£125,750 £1,297 4
2011£103,750 £1,399 2
2010£95,833 £1,351 3
2009£159,250 £1,687 4
2008£127,800 £1,505 5
2007£173,939 £1,752 9
2006£140,143 £1,499 7
2005£142,000 £1,418 6
2004£102,475 £1,289 4
2003£127,690 £1,930 5
2002£76,738 £656 4
2001£61,875 £713 12
2000£84,500 £751 6
1999£53,421 £575 7
1998£64,293 £667 7
1997£55,250 £491 7
1996£58,875 £615 10
1995£56,090 £694 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£200,0001
2022£1,068,960 £3,023 2
2021£2,000 £31 1
2020£342,500 £1,022 2
2018£63,500 £1,155 2
2017£162,000 £2,700 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£37,500 £708 1
2021£99,000 £1,571 1
2018£60,000 £1,765 1
2017£107,500 £1,739 2
2016£111,259 £1,794 1
2015£90,164 £1,454 2
2014£86,000 £1,387 1
2013£82,000 £1,323 1
2012£105,000 £1,875 1
2011£52,000 £1,529 1
2009£114,000 £1,823 1
2005£77,500 £957 1
2004£102,475 £1,761 2
2003£79,500 £1,445 1
2000£50,000 £821 1
1997£37,750 £608 2
1995£44,950 £817 1

House Type in NE40 3PD area

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