Housing Market Analysis for NE40 3QW

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE40 3QW 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.

    All the Sales in the NE40 3QW

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

    AddressSold DatePrice% Change

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

    NE40 3QW Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £142,692 median price is £127,000 Standard Deviation is £89,766 with Total Sold: 580
      • The Last 5 Year average price is £204,568 with Total Sold: 112
      • 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 £144,543 median price is £134,000 Standard Deviation is £90,517 with Total Sold: 618
      • The Last 5 Year average price is £199,268 with Total Sold: 146
      • The most recent sale happened at this postcode is , 9 GRANGE DRIVE: £190,000 (Sold on 05 Sep 2024)
      • The first recorded sale happened at this postcode is , NORWOOD WOODSIDE ROAD: £62,500 (Sold on 17 Feb 1995)
    • Detached
      • The average price is around £247,003 median price is £215,500 Standard Deviation is £137,838 with Total Sold: 269
      • The Last 5 Year average price is £382,782 with Total Sold: 58
      • 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 , 6 NORTH CLOSE: £87,000 (Sold on 03 Feb 1995)
    • Other
      • The average price is around £799,633 median price is £166,000 Standard Deviation is £1,802,608 with Total Sold: 24
      • The Last 5 Year average price is £927,141 with Total Sold: 12
      • 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£282,082 £2,339 7
    2023£194,972 £2,052 24
    2022£212,971 £2,048 24
    2021£183,906 £1,828 16
    2020£190,597 £1,699 24
    2019£213,503 £1,834 17
    2018£172,624 £1,510 17
    2017£193,993 £1,710 23
    2016£214,559 £1,837 17
    2015£161,469 £1,686 16
    2014£183,989 £1,465 22
    2013£153,265 £1,365 13
    2012£162,950 £1,615 10
    2011£153,114 £1,515 13
    2010£168,154 £1,665 13
    2009£180,464 £1,654 14
    2008£144,875 £1,568 12
    2007£212,785 £1,693 17
    2006£158,954 £1,519 24
    2005£174,299 £1,483 22
    2004£183,756 £1,463 18
    2003£125,761 £1,163 19
    2002£78,184 £736 28
    2001£72,415 £753 32
    2000£71,222 £546 23
    1999£63,550 £555 22
    1998£63,012 £536 24
    1997£65,227 £558 26
    1996£53,505 £455 26
    1995£59,144 £516 17
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£194,136 £2,059 11
    2023£192,075 £2,098 20
    2022£237,606 £2,318 33
    2021£178,334 £1,988 37
    2020£201,246 £2,229 25
    2019£182,283 £1,905 20
    2018£175,869 £1,737 30
    2017£162,208 £1,923 24
    2016£163,000 £1,874 26
    2015£168,188 £1,802 21
    2014£153,737 £1,744 19
    2013£158,375 £1,699 20
    2012£145,275 £1,614 20
    2011£194,643 £1,585 14
    2010£196,036 £1,886 14
    2009£157,727 £1,566 11
    2008£144,583 £1,449 6
    2007£154,470 £1,860 22
    2006£155,580 £1,573 26
    2005£170,941 £1,666 16
    2004£139,061 £1,278 14
    2003£103,670 £1,088 22
    2002£92,714 £738 21
    2001£73,595 £1,054 19
    2000£64,354 £730 14
    1999£67,755 £642 21
    1998£71,248 £661 30
    1997£65,235 £642 23
    1996£65,076 £666 23
    1995£63,716 £654 16
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£430,000 £3,750 3
    2023£350,889 £2,687 9
    2022£337,091 £2,937 11
    2021£394,142 £2,693 20
    2020£443,864 £2,938 11
    2019£320,000 £2,775 4
    2018£294,375 £2,400 8
    2017£263,800 £2,374 5
    2016£262,112 £1,881 12
    2015£276,667 £2,743 3
    2014£285,000 £2,298 1
    2013£310,000 £2,242 6
    2012£242,286 £1,984 7
    2011£302,611 £2,389 9
    2010£257,625 £2,342 8
    2009£321,750 £1,877 6
    2008£339,600 £2,657 5
    2007£192,625 £1,623 8
    2006£266,038 £1,910 13
    2005£284,550 £2,499 10
    2004£244,660 £1,779 15
    2003£193,050 £1,469 10
    2002£156,004 £1,300 16
    2001£135,143 £937 7
    2000£127,261 £1,173 9
    1999£117,059 £1,039 16
    1998£119,814 £567 11
    1997£138,550 £1,107 9
    1996£106,117 £725 12
    1995£119,000 £592 5
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£132,5002
    2023£200,0001
    2022£334,000 £2,550 1
    2021£96,422 £772 4
    2020£4,417,500 £69,623 2
    2019£553,0002
    2018£78,417 £991 6
    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 3QW area

    The most common house types in the NE40 3QW postcode area are Semi-detached (64), Terraced (52), and Detached (6).

    Total123
    Semi-detached64
    Terraced52
    Detached6
    Shared house1
    Flat0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (49), and Owned: Owns with a mortgage or loan (48).

    Owned: Owns outright49
    Owned: Owns with a mortgage or loan48
    Social rented: Rents from council or Local Authority18
    Private rented: Private landlord or letting agency6
    Private rented: Other private rented2
    Social rented: Other social rented1
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE40 3QW have 2 people in household (46), and 1 person in household (28).

    2 people in household46
    1 person in household28
    3 people in household22
    4 people in household22
    5 people in household3
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0