Housing Market Analysis for CROSS TERRACE, NE40 3PZ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £345,000 median price is £345,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 CROSS TERRACE: £345,000 (Sold on 29 Jan 2015)
    • The first recorded sale happened at this postcode is 1 CROSS TERRACE: £345,000 (Sold on 29 Jan 2015)
  • Detached
    • The average price is around £311,000 median price is £311,000 Standard Deviation is £114,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 CROSS TERRACE: £425,000 (Sold on 10 Feb 2006)
    • The first recorded sale happened at this postcode is 1 CROSS TERRACE: £197,000 (Sold on 20 Jul 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3PZ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£345,000 £1,906 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£425,000 £2,348 1
2001£197,000 £1,088 1

All the Sales in the CROSS TERRACE, NE40 3PZ

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

AddressSold DatePrice% Change
1 CROSS TERRACESemi-Detached, FreeholdArea: 181 Sq.mtrAge: before 190029 Jan 2015£345,000-18.82%
10 Feb 2006£425,000115.74%
20 Jul 2001£197,000First Sale

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

CROSS TERRACE, NE40 3PZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £145,666 median price is £127,000 Standard Deviation is £94,715 with Total Sold: 464
    • The Last 5 Year average price is £204,942 with Total Sold: 77
    • 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 £139,649 median price is £122,500 Standard Deviation is £98,654 with Total Sold: 329
    • The Last 5 Year average price is £211,416 with Total Sold: 61
    • 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 £261,668 median price is £222,500 Standard Deviation is £151,686 with Total Sold: 166
    • The Last 5 Year average price is £416,146 with Total Sold: 37
    • The most recent sale happened at this postcode is , CROMDALE BARMOOR LANE: £540,000 (Sold on 25 Jul 2024)
    • The first recorded sale happened at this postcode is , RAVENSWOOD WESTFIELD LANE: £220,000 (Sold on 07 Apr 1995)
  • Other
    • The average price is around £1,088,500 median price is £200,000 Standard Deviation is £2,072,756 with Total Sold: 17
    • The Last 5 Year average price is £1,577,000 with Total Sold: 6
    • 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 £94,141 median price is £85,000 Standard Deviation is £45,214 with Total Sold: 71
    • The Last 5 Year average price is £113,196 with Total Sold: 15
    • 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 2, THE LAWNS RYTON VILLAGE: £67,750 (Sold on 26 Jul 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£292,8466
2023£196,386 £1,904 19
2022£205,015 £1,961 20
2021£183,464 £1,821 14
2020£201,296 £1,650 18
2019£222,035 £1,795 13
2018£175,307 £1,442 15
2017£193,347 £1,626 17
2016£218,333 £1,845 15
2015£158,273 £1,766 11
2014£202,938 £1,478 16
2013£149,121 £1,306 12
2012£173,688 £1,615 8
2011£162,317 £1,529 11
2010£176,727 £1,665 11
2009£196,500 £1,634 8
2008£143,450 £1,450 10
2007£209,219 £1,627 13
2006£166,692 £1,520 18
2005£176,872 £1,492 19
2004£190,694 £1,463 16
2003£126,712 £1,163 16
2002£76,906 £736 25
2001£74,332 £726 28
2000£73,163 £524 19
1999£65,355 £555 20
1998£62,542 £445 18
1997£69,372 £535 16
1996£50,625 £389 21
1995£60,768 £479 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,5003
2023£168,050 £2,176 10
2022£264,133 £2,316 15
2021£191,303 £2,070 19
2020£213,189 £2,276 14
2019£161,685 £1,982 9
2018£152,286 £1,606 14
2017£159,214 £1,980 14
2016£152,306 £1,786 18
2015£192,106 £1,841 9
2014£160,727 £1,783 11
2013£173,714 £1,540 7
2012£154,750 £1,705 12
2011£147,778 £1,432 9
2010£213,333 £1,970 9
2009£160,750 £1,703 4
2008£147,500 £1,449 3
2007£149,550 £1,922 12
2006£144,519 £1,595 15
2005£102,508 £1,257 6
2004£122,890 £1,197 10
2003£103,804 £1,093 14
2002£99,071 £657 14
2001£68,359 £1,105 11
2000£68,312 £775 8
1999£72,494 £618 9
1998£57,265 £662 17
1997£57,886 £596 14
1996£61,050 £710 10
1995£65,889 £612 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,0002
2023£380,000 £2,413 4
2022£347,572 £2,927 7
2021£405,744 £2,619 16
2020£484,062 £3,060 8
2018£267,200 £2,446 5
2017£281,500 £2,194 2
2016£290,050 £1,673 7
2015£205,000 £2,440 1
2014£285,000 £2,298 1
2013£363,750 £2,394 4
2012£270,500 £2,102 4
2011£292,643 £2,634 7
2010£305,000 £2,762 2
2009£350,333 £1,719 3
2008£374,000 £2,087 2
2007£200,167 £1,844 3
2006£270,833 £1,910 6
2005£326,071 £2,623 7
2004£278,090 £1,689 10
2003£200,056 £1,435 9
2002£151,571 £1,080 7
2001£156,400 £943 5
2000£137,479 £1,231 7
1999£129,938 £1,160 8
1998£124,661 £567 9
1997£138,550 £1,107 9
1996£111,188 £703 8
1995£144,333 £508 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,0001
2023£200,0001
2021£128,500 £740 2
2020£4,417,500 £69,623 2
2019£553,0002
2018£113,833 £1,309 3
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£178,862 £1,287 4
2020£102,498 £2,155 2
2019£100,0002
2018£107,000 £1,286 3
2017£170,000 £1,401 1
2016£113,000 £2,000 3
2015£104,333 £1,623 3
2014£117,500 £1,608 4
2012£79,500 £1,579 2
2011£75,600 £1,516 5
2010£99,667 £1,824 3
2008£177,500 £1,329 2
2007£80,0001
2005£100,812 £1,363 4
2004£92,200 £1,017 5
2003£83,750 £1,577 2
2002£62,790 £1,035 5
2001£29,250 £355 2
2000£59,250 £1,049 2
1999£56,983 £1,000 3
1997£46,900 £853 3
1996£67,7501

House Type in NE40 3PZ area

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