Housing Market Analysis for WATERMILL, NE40 3RB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £162,920 median price is £166,500 Standard Deviation is £42,733 with Total Sold: 10
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 WATERMILL: £220,000 (Sold on 24 Aug 2021)
    • The first recorded sale happened at this postcode is 5 WATERMILL: £93,200 (Sold on 30 Apr 1999)
  • Semi-Detached
    • The average price is around £170,000 median price is £170,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 WATERMILL: £170,000 (Sold on 23 Apr 2010)
    • The first recorded sale happened at this postcode is 1 WATERMILL: £170,000 (Sold on 23 Apr 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3RB 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£220,000 £2,933 1
2017£210,000 £2,691 1
2016£195,000 £2,315 1
2012£150,000 £1,781 1
2010£158,000 £2,107 1
2005£187,000 £2,396 1
2004£175,000 £2,077 1
2002£155,0001
1999£89,600 £1,107 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£170,000 £2,322 1

All the Sales in the WATERMILL, NE40 3RB

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

AddressSold DatePrice% Change
6 WATERMILLDetached, FreeholdArea: 75 Sq.mtrAge: 1983-199024 Aug 2021£220,00039.24%
09 Dec 2010£158,000First Sale
5 WATERMILLDetached, FreeholdArea: 78.05 Sq.mtrAge: 1983-199026 Sep 2017£210,00012.30%
01 Dec 2005£187,000100.64%
30 Apr 1999£93,200First Sale
4 WATERMILLDetached, FreeholdArea: 84.24 Sq.mtrAge: 1976-198225 Oct 2016£195,00030.00%
21 Mar 2012£150,000-14.29%
22 Jul 2004£175,000103.49%
06 Aug 1999£86,000First Sale
1 WATERMILLSemi-Detached, FreeholdArea: 73.22 Sq.mtrAge: 1983-199023 Apr 2010£170,000First Sale
3 WATERMILLDetached, Freehold04 Oct 2002£155,000First Sale

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

WATERMILL, NE40 3RB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £125,347 median price is £110,000 Standard Deviation is £80,357 with Total Sold: 644
    • The Last 5 Year average price is £180,487 with Total Sold: 116
    • 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 £129,152 median price is £120,000 Standard Deviation is £73,865 with Total Sold: 818
    • The Last 5 Year average price is £180,085 with Total Sold: 178
    • 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)
  • Other
    • The average price is around £838,521 median price is £166,000 Standard Deviation is £1,817,668 with Total Sold: 24
    • The Last 5 Year average price is £1,095,783 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)
  • Detached
    • The average price is around £207,041 median price is £181,000 Standard Deviation is £120,008 with Total Sold: 358
    • The Last 5 Year average price is £347,220 with Total Sold: 55
    • The most recent sale happened at this postcode is , 26 THE MEADOWS: £210,000 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is , 11 ASHTON COURT: £86,500 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £81,974 median price is £79,000 Standard Deviation is £42,952 with Total Sold: 119
    • The Last 5 Year average price is £106,447 with Total Sold: 20
    • 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 , 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£245,508 £2,339 9
2023£171,972 £1,931 24
2022£183,861 £1,892 23
2021£156,735 £1,831 17
2020£173,873 £1,596 25
2019£186,636 £1,789 18
2018£147,778 £1,508 18
2017£186,160 £1,686 21
2016£200,062 £1,668 16
2015£143,320 £1,673 20
2014£166,275 £1,447 20
2013£132,454 £1,500 13
2012£141,909 £1,484 11
2011£141,483 £1,473 14
2010£128,875 £1,630 16
2009£171,800 £1,586 15
2008£134,028 £1,623 16
2007£166,983 £1,592 24
2006£138,997 £1,605 32
2005£156,899 £1,526 24
2004£167,692 £1,368 20
2003£105,207 £1,207 30
2002£71,534 £809 31
2001£64,705 £775 38
2000£67,015 £569 27
1999£54,384 £635 22
1998£57,190 £598 29
1997£53,124 £522 25
1996£52,645 £451 25
1995£50,560 £557 21
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,036 £2,059 14
2023£183,125 £2,146 28
2022£200,974 £2,230 38
2021£163,075 £1,914 44
2020£182,542 £2,085 30
2019£171,611 £1,816 24
2018£164,694 £1,733 31
2017£149,897 £1,853 34
2016£160,867 £1,867 30
2015£142,648 £1,718 26
2014£134,924 £1,638 27
2013£149,083 £1,682 18
2012£131,096 £1,533 26
2011£186,139 £1,767 18
2010£178,750 £1,842 18
2009£137,806 £1,453 18
2008£136,893 £1,798 14
2007£145,890 £1,813 38
2006£140,671 £1,716 34
2005£151,041 £1,598 23
2004£119,476 £1,306 25
2003£97,571 £1,157 28
2002£77,176 £817 35
2001£67,150 £859 28
2000£57,342 £756 26
1999£59,645 £667 30
1998£65,440 £663 35
1997£52,419 £615 26
1996£58,858 £662 33
1995£61,997 £662 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,0001
2023£200,0001
2022£862,306 £2,624 3
2021£65,422 £386 4
2020£4,417,500 £69,623 2
2018£78,417 £991 6
2017£954,350 £2,700 4
2016£72,0001
2015£341,0001
2014£3,370,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,000 £3,750 2
2023£338,300 £2,615 10
2022£306,800 £2,981 10
2021£391,462 £2,725 20
2020£367,143 £2,646 7
2019£249,479 £2,256 6
2018£282,808 £2,341 13
2017£248,050 £2,272 11
2016£233,535 £2,018 10
2015£239,000 £2,725 5
2014£223,000 £2,198 7
2013£193,556 £2,239 9
2012£238,727 £2,203 11
2011£261,778 £2,267 9
2010£262,250 £2,363 8
2009£303,812 £2,062 8
2008£326,667 £2,378 9
2007£205,747 £1,961 16
2006£246,192 £2,082 13
2005£211,591 £2,192 11
2004£230,893 £1,798 15
2003£176,441 £1,618 17
2002£149,554 £1,332 19
2001£109,532 £923 14
2000£109,690 £1,144 15
1999£97,064 £855 21
1998£114,831 £736 18
1997£97,545 £926 11
1996£83,750 £711 19
1995£90,132 £769 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£84,625 £1,293 4
2022£86,083 £1,565 6
2021£162,890 £1,382 5
2020£102,498 £2,155 2
2019£84,833 £1,096 3
2018£106,500 £1,312 4
2017£128,333 £1,627 3
2016£112,565 £1,897 4
2015£87,190 £1,479 7
2014£100,583 £1,418 6
2013£82,000 £1,323 1
2012£82,875 £1,546 4
2011£75,600 £1,516 5
2010£99,667 £1,824 3
2009£114,000 £1,823 1
2008£146,833 £1,636 3
2007£84,400 £1,587 5
2005£99,450 £1,492 5
2004£90,994 £1,597 9
2003£76,750 £1,534 4
2002£56,617 £1,035 6
2001£31,333 £439 3
2000£45,567 £893 6
1999£41,690 £670 5
1998£32,000 £911 2
1997£39,117 £690 6
1996£35,750 £632 4
1995£34,467 £853 3

House Type in NE40 3RB area

The most common house types in the NE40 3RB postcode area are Semi-detached (50), Terraced (37), and Detached (22).

Total118
Semi-detached50
Terraced37
Detached22
commercial building5
converted building3
Shared house1
Flat0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright69
Owned: Owns with a mortgage or loan34
Private rented: Private landlord or letting agency12
Social rented: Rents from council or Local Authority3
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3RB have 2 people in household (49), and 1 person in household (32).

2 people in household49
1 person in household32
3 people in household19
4 people in household17
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0