Housing Market Analysis for PARK FIELD, NE40 3RL

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £92,319 median price is £97,250 Standard Deviation is £40,332 with Total Sold: 18
    • The most recent sale happened at this postcode is 57 PARK FIELD: £145,000 (Sold on 31 Aug 2018)
    • The first recorded sale happened at this postcode is 63 PARK FIELD: £42,000 (Sold on 16 Dec 1996)
  • Terraced
    • The average price is around £61,862 median price is £51,475 Standard Deviation is £32,521 with Total Sold: 4
    • The most recent sale happened at this postcode is 69 PARK FIELD: £115,000 (Sold on 28 Apr 2008)
    • The first recorded sale happened at this postcode is 54 PARK FIELD: £43,000 (Sold on 30 Jan 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3RL 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
2018£138,750 £1,447 2
2017£142,000 £1,596 1
2016£110,750 £1,345 2
2012£122,0001
2006£131,833 £1,476 3
2005£98,000 £1,043 1
2003£72,375 £769 2
2000£51,000 £520 1
1999£41,7502
1997£42,000 £599 2
1996£42,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£115,000 £1,354 1
2002£59,950 £666 1
1998£36,250 £328 2

All the Sales in the PARK FIELD, NE40 3RL

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

AddressSold DatePrice% Change
57 PARK FIELDSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-196631 Aug 2018£145,00047.96%
03 Jun 2005£98,000First Sale
28 PARK FIELDSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1950-196604 Jul 2018£132,500-1.85%
14 Sep 2006£135,000125.94%
06 Mar 2003£59,75017.16%
21 Jul 2000£51,000First Sale
64 PARK FIELDSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-196622 Feb 2017£142,0005.97%
10 Apr 2006£134,000First Sale
55 PARK FIELDSemi-Detached, FreeholdArea: 81.84 Sq.mtrAge: 1930-194917 Oct 2016£125,000-1.19%
08 Jun 2006£126,500158.16%
05 Dec 1997£49,000First Sale
69 PARK FIELDSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-196615 Jan 2016£96,500-16.09%
28 Apr 2008£115,000First Sale
27 PARK FIELDSemi-Detached, Freehold23 Aug 2012£122,000First Sale
72 PARK FIELDSemi-Detached, FreeholdArea: 91.53 Sq.mtrAge: 1950-196612 Sep 2003£85,000First Sale
58 PARK FIELDTerraced, FreeholdArea: 90 Sq.mtrAge: 1950-196607 May 2002£59,950103.22%
01 Sep 1998£29,500First Sale
63 PARK FIELDSemi-Detached, Freehold25 Feb 1999£36,000-14.29%
16 Dec 1996£42,000First Sale
61 PARK FIELDSemi-Detached, Freehold28 Jan 1999£47,500First Sale
54 PARK FIELDTerraced, Freehold30 Jan 1998£43,000First Sale
60 PARK FIELDSemi-Detached, Freehold06 Jun 1997£35,000First Sale

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

PARK FIELD, NE40 3RL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £141,849 median price is £127,000 Standard Deviation is £88,627 with Total Sold: 600
    • The Last 5 Year average price is £200,558 with Total Sold: 94
    • 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 £146,520 median price is £135,000 Standard Deviation is £91,636 with Total Sold: 619
    • The Last 5 Year average price is £204,300 with Total Sold: 125
    • 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 £249,487 median price is £220,000 Standard Deviation is £137,020 with Total Sold: 281
    • The Last 5 Year average price is £395,025 with Total Sold: 55
    • 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 £834,313 median price is £170,000 Standard Deviation is £1,833,524 with Total Sold: 23
    • The Last 5 Year average price is £1,001,969 with Total Sold: 10
    • 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 £112,309 with Total Sold: 16
    • 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£292,8466
2023£194,972 £2,052 24
2022£202,888 £1,949 24
2021£182,500 £1,823 15
2020£192,371 £1,729 25
2019£212,082 £1,852 19
2018£172,624 £1,510 17
2017£194,402 £1,695 22
2016£214,559 £1,837 17
2015£155,219 £1,700 16
2014£183,989 £1,465 22
2013£153,265 £1,365 13
2012£160,409 £1,608 11
2011£155,555 £1,570 17
2010£170,429 £1,668 14
2009£181,167 £1,547 12
2008£144,875 £1,568 12
2007£214,714 £1,627 18
2006£162,772 £1,565 27
2005£172,783 £1,517 25
2004£182,953 £1,463 19
2003£125,761 £1,163 19
2002£79,761 £792 31
2001£72,206 £753 33
2000£71,222 £546 23
1999£64,848 £612 26
1998£61,474 £485 25
1997£64,996 £589 28
1996£51,026 £424 24
1995£58,231 £506 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£194,136 £2,059 11
2023£192,075 £2,098 20
2022£240,188 £2,315 32
2021£184,955 £1,996 37
2020£201,246 £2,229 25
2019£185,783 £1,912 20
2018£178,534 £1,678 29
2017£166,077 £1,904 26
2016£164,615 £1,868 26
2015£170,722 £1,767 20
2014£155,000 £1,742 19
2013£159,361 £1,673 18
2012£145,275 £1,614 20
2011£198,846 £1,506 13
2010£204,300 £1,902 15
2009£157,917 £1,566 12
2008£157,500 £1,449 7
2007£154,470 £1,860 22
2006£156,483 £1,573 27
2005£174,534 £1,591 16
2004£145,790 £1,278 15
2003£107,948 £1,079 24
2002£90,273 £682 21
2001£74,279 £1,015 19
2000£66,246 £730 14
1999£67,755 £642 21
1998£71,464 £632 29
1997£65,235 £642 23
1996£65,307 £648 22
1995£64,156 £654 16
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,0002
2023£363,300 £2,617 10
2022£349,300 £2,788 10
2021£395,374 £2,693 21
2020£434,792 £2,890 12
2019£320,000 £2,775 4
2018£295,000 £2,464 9
2017£268,590 £2,372 5
2016£282,605 £1,945 14
2015£276,667 £2,743 3
2014£292,500 £2,586 3
2013£309,714 £2,228 7
2012£238,250 £1,866 8
2011£288,850 £2,327 10
2010£257,625 £2,342 8
2009£321,750 £1,877 6
2008£339,600 £2,657 5
2007£195,421 £1,785 7
2006£266,038 £1,910 13
2005£299,500 £2,480 9
2004£249,627 £1,709 15
2003£189,682 £1,469 11
2002£162,147 £1,256 17
2001£135,143 £937 7
2000£127,261 £1,173 9
1999£117,059 £1,039 16
1998£115,579 £567 12
1997£130,404 £1,014 11
1996£106,117 £725 12
1995£123,400 £593 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£93,700 £1,229 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 3RL area

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