Housing Market Analysis for PARK FIELD, NE40 3RN

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £95,798 median price is £96,000 Standard Deviation is £41,876 with Total Sold: 24
- The Last 5 Year average price is £147,125 with Total Sold: 4
- The most recent sale happened at this postcode is 88 PARK FIELD: £187,500 (Sold on 27 Feb 2023)
- The first recorded sale happened at this postcode is 88 PARK FIELD: £38,650 (Sold on 03 Mar 1997)
Terraced
- The average price is around £41,000 median price is £41,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 48 PARK FIELD: £41,000 (Sold on 15 Mar 2002)
- The first recorded sale happened at this postcode is 48 PARK FIELD: £41,000 (Sold on 15 Mar 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3RN 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£187,500	£2,180	1
2022	£140,000	£1,667	1
2021	£123,000	£1,482	1
2020	£138,000	£1,568	1
2018	£92,500	£1,067	2
2016	£82,500	£959	2
2014	£124,000	£1,292	1
2012	£108,500	£1,241	2
2011	£125,000	£1,400	1
2010	£125,000	£1,381	1
2008	£140,000	£870	1
2007	£155,000	£1,736	1
2005	£83,000	£883	1
2003	£88,000		1
2001	£54,000		1
2000	£46,000	£535	1
1999	£34,000	£390	2
1998	£48,500		2
1997	£38,650	£449	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£41,000		1

All the Sales in the PARK FIELD, NE40 3RN

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

Address	Sold Date	Price	% Change
88 PARK FIELDSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	27 Feb 2023	£187,500	357.32%
	01 Nov 1999	£41,000	6.08%
	03 Mar 1997	£38,650	First Sale
39 PARK FIELDSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	28 Oct 2022	£140,000	First Sale
52 PARK FIELDSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	30 Sep 2021	£123,000	First Sale
42 PARK FIELDSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	07 May 2020	£138,000	First Sale
47 PARK FIELDSemi-Detached, FreeholdArea: 80.78 Sq.mtrAge: 1950-1966	12 Dec 2018	£95,000	-4.04%
	27 Jul 2012	£99,000	First Sale
80 PARK FIELDSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1930-1949	09 Feb 2018	£90,000	First Sale
86 PARK FIELDSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	19 May 2016	£68,000	47.83%
	05 Jan 2000	£46,000	First Sale
49 PARK FIELDSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	31 Mar 2016	£97,000	First Sale
77 PARK FIELDSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	10 Apr 2014	£124,000	First Sale
81 PARK FIELDSemi-Detached, FreeholdArea: 93.98 Sq.mtrAge: 1930-1949	13 Jan 2012	£118,000	42.17%
	25 May 2005	£83,000	First Sale
79 PARK FIELDSemi-Detached, FreeholdArea: 89.3 Sq.mtrAge: 1950-1966	15 Jul 2011	£125,000	-19.35%
	24 Aug 2007	£155,000	474.07%
	07 May 1999	£27,000	First Sale
73 PARK FIELDSemi-Detached, FreeholdArea: 90.5 Sq.mtrAge: 1950-1966	22 Nov 2010	£125,000	First Sale
74 PARK FIELDSemi-Detached, FreeholdArea: 161 Sq.mtrAge: 1950-1966	29 Feb 2008	£140,000	First Sale
78 PARK FIELDSemi-Detached, Freehold	28 Nov 2003	£88,000	76.00%
78 PARK FIELDSemi-Detached, Freehold	10 Jun 1998	£50,000	First Sale
48 PARK FIELDTerraced, Freehold	15 Mar 2002	£41,000	First Sale
87 PARK FIELDSemi-Detached, Freehold	02 Nov 2001	£54,000	14.89%
87 PARK FIELDSemi-Detached, Freehold	26 Jun 1998	£47,000	First Sale

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

PARK FIELD, NE40 3RN Near By properties

Interactive Map

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

Terraced
- The average price is around £141,221 median price is £125,000 Standard Deviation is £90,269 with Total Sold: 567
- The Last 5 Year average price is £199,994 with Total Sold: 88
- 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 £146,093 median price is £132,500 Standard Deviation is £94,476 with Total Sold: 541
- The Last 5 Year average price is £210,757 with Total Sold: 101
- 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 £253,242 median price is £225,000 Standard Deviation is £136,743 with Total Sold: 258
- The Last 5 Year average price is £396,108 with Total Sold: 50
- 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 £907,723 median price is £190,000 Standard Deviation is £1,902,537 with Total Sold: 21
- The Last 5 Year average price is £1,113,077 with Total Sold: 9
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£292,846		6
2023	£192,111	£1,904	21
2022	£201,578	£1,951	23
2021	£182,500	£1,823	15
2020	£192,795	£1,692	23
2019	£217,915	£1,846	17
2018	£175,307	£1,442	15
2017	£195,090	£1,701	21
2016	£214,559	£1,837	17
2015	£154,233	£1,700	15
2014	£185,155	£1,475	21
2013	£149,121	£1,306	12
2012	£160,409	£1,608	11
2011	£155,555	£1,570	17
2010	£170,429	£1,668	14
2009	£184,045	£1,575	11
2008	£143,450	£1,450	10
2007	£214,053	£1,627	16
2006	£164,194	£1,572	25
2005	£174,799	£1,527	22
2004	£182,953	£1,463	19
2003	£124,053	£1,163	18
2002	£78,855	£792	30
2001	£72,206	£753	33
2000	£70,171	£524	21
1999	£64,848	£612	26
1998	£61,052	£485	24
1997	£64,304	£575	26
1996	£49,437	£406	22
1995	£58,231	£506	16

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£204,938	£2,059	8
2023	£188,706	£1,985	17
2022	£259,913	£2,328	23
2021	£191,745	£2,003	30
2020	£204,724	£2,284	23
2019	£178,417	£1,854	22
2018	£176,596	£1,623	26
2017	£159,438	£1,788	24
2016	£163,333	£1,810	24
2015	£165,148	£1,737	20
2014	£149,412	£1,692	17
2013	£166,156	£1,704	16
2012	£140,176	£1,638	17
2011	£204,455	£1,445	11
2010	£188,893	£1,776	14
2009	£180,281	£1,575	8
2008	£150,833	£870	6
2007	£149,492	£1,825	19
2006	£150,858	£1,556	24
2005	£180,287	£1,591	15
2004	£146,158	£1,371	12
2003	£108,902	£1,064	22
2002	£88,660	£682	19
2001	£69,986	£961	14
2000	£66,419	£737	13
1999	£68,178	£678	16
1998	£73,075	£650	26
1997	£61,626	£633	23
1996	£67,382	£677	19
1995	£63,846	£570	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£540,000		2
2023	£376,222	£2,612	9
2022	£359,111	£2,735	9
2021	£382,772	£2,680	18
2020	£434,792	£2,890	12
2019	£323,333	£2,838	3
2018	£310,750	£2,499	8
2017	£268,590	£2,372	5
2016	£291,267	£1,958	13
2015	£312,500	£2,895	2
2014	£292,500	£2,586	3
2013	£343,286	£2,121	7
2012	£238,250	£1,866	8
2011	£282,889	£2,315	9
2010	£254,571	£2,378	7
2009	£321,750	£1,877	6
2008	£378,250	£2,880	4
2007	£193,408	£1,785	6
2006	£272,375	£1,910	12
2005	£322,571	£2,551	7
2004	£249,627	£1,709	15
2003	£189,682	£1,469	11
2002	£168,214	£1,296	14
2001	£135,143	£937	7
2000	£152,408	£1,133	6
1999	£120,094	£1,004	16
1998	£118,905	£567	11
1997	£132,454	£984	12
1996	£108,491	£734	11
1995	£123,400	£593	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£132,500		2
2023	£200,000		1
2022	£334,000	£2,550	1
2021	£127,897	£1,019	3
2020	£4,417,500	£69,623	2
2019	£553,000		2
2018	£85,875	£882	4
2017	£1,270,667	£2,700	3
2016	£72,000		1
2015	£341,000		1
2014	£3,370,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£100,000		2
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	£80,000		1
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	£67,750		1

House Type in NE40 3RN area

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

Total	123
Semi-detached	64
Terraced	52
Detached	6
Shared house	1
Flat	0
converted building	0
commercial building	0
temporary structure	0

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 outright	49
Owned: Owns with a mortgage or loan	48
Social rented: Rents from council or Local Authority	18
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

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

2 people in household	46
1 person in household	28
3 people in household	22
4 people in household	22
5 people in household	3
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0