Housing Market Analysis for LANE HEAD, NE40 3RP

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £206,750 median price is £209,500 Standard Deviation is £25,840 with Total Sold: 4
    • The Last 5 Year average price is £202,000 with Total Sold: 2
    • The most recent sale happened at this postcode is SOUTH GRANGE MEWS LANE HEAD: £230,000 (Sold on 17 Sep 2021)
    • The first recorded sale happened at this postcode is SOUTH GRANGE MEWS LANE HEAD: £189,000 (Sold on 12 Jan 2015)
  • Other
    • The average price is around £1,500 median price is £1,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is WOODSTONE COTTAGE LANE HEAD: £1,500 (Sold on 19 Nov 2018)
    • The first recorded sale happened at this postcode is WOODSTONE COTTAGE LANE HEAD: £1,500 (Sold on 19 Nov 2018)
  • Detached
    • The average price is around £415,000 median price is £415,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £415,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WOODSTONE COTTAGE LANE HEAD: £415,000 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is WOODSTONE COTTAGE LANE HEAD: £415,000 (Sold on 17 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3RP 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£230,000 £2,091 1
2020£174,000 £1,582 1
2019£234,000 £2,127 1
2015£189,000 £1,718 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£1,500 £6 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£415,000 £1,634 1

All the Sales in the LANE HEAD, NE40 3RP

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

AddressSold DatePrice% Change
SOUTH GRANGE MEWS LANE HEADTerraced, FreeholdArea: 110 Sq.mtrAge: before 190017 Sep 2021£230,00032.18%
05 Mar 2020£174,000-25.64%
29 Mar 2019£234,00023.81%
12 Jan 2015£189,000First Sale
WOODSTONE COTTAGE LANE HEADOther, FreeholdArea: 254 Sq.mtr19 Nov 2018£1,500-99.64%
17 Nov 2023£415,000First Sale

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

LANE HEAD, NE40 3RP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £142,070 median price is £127,000 Standard Deviation is £88,331 with Total Sold: 611
    • The Last 5 Year average price is £200,643 with Total Sold: 98
    • 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 £144,812 median price is £131,000 Standard Deviation is £90,243 with Total Sold: 651
    • The Last 5 Year average price is £201,943 with Total Sold: 129
    • 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 £244,765 median price is £219,975 Standard Deviation is £134,822 with Total Sold: 298
    • The Last 5 Year average price is £388,506 with Total Sold: 56
    • 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 £89,463 median price is £83,000 Standard Deviation is £42,767 with Total Sold: 94
    • The Last 5 Year average price is £110,261 with Total Sold: 17
    • 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£202,692 £1,974 25
2021£183,906 £1,828 16
2020£192,280 £1,733 26
2019£212,082 £1,852 19
2018£172,624 £1,510 17
2017£193,993 £1,710 23
2016£214,559 £1,837 17
2015£161,694 £1,710 18
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£61,860 £485 26
1997£64,996 £589 28
1996£52,370 £442 26
1995£58,571 £523 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£194,136 £2,059 11
2023£192,075 £2,098 20
2022£236,848 £2,285 33
2021£181,881 £1,967 39
2020£198,629 £2,191 26
2019£181,621 £1,883 22
2018£178,417 £1,700 30
2017£164,648 £1,889 27
2016£164,615 £1,868 26
2015£167,593 £1,744 21
2014£150,760 £1,711 21
2013£159,342 £1,671 19
2012£145,275 £1,614 20
2011£198,846 £1,506 13
2010£204,300 £1,902 15
2009£145,333 £1,458 15
2008£152,188 £1,411 8
2007£153,680 £1,786 27
2006£151,751 £1,552 30
2005£174,534 £1,591 16
2004£139,224 £1,258 17
2003£110,028 £1,079 25
2002£88,350 £682 22
2001£74,279 £1,015 19
2000£62,559 £693 16
1999£67,755 £642 21
1998£68,660 £608 31
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£338,667 £2,788 9
2021£395,374 £2,693 21
2020£406,607 £2,824 14
2019£305,075 £2,584 5
2018£293,500 £2,430 10
2017£259,825 £2,301 6
2016£282,098 £1,954 15
2015£276,667 £2,743 3
2014£292,500 £2,586 3
2013£283,111 £2,244 9
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£321,143 £2,477 7
2007£195,421 £1,785 7
2006£256,500 £2,109 14
2005£299,500 £2,480 9
2004£244,181 £1,709 16
2003£184,500 £1,469 13
2002£162,147 £1,256 17
2001£130,744 £937 8
2000£121,817 £1,173 9
1999£117,059 £1,039 16
1998£113,268 £567 11
1997£130,404 £1,014 11
1996£102,811 £725 14
1995£113,143 £621 7
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£86,083 £1,565 6
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£93,221 £1,569 6
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£31,333 £439 3
2000£47,090 £872 5
1999£56,983 £1,000 3
1997£43,240 £690 5
1996£49,875 £821 2
1995£44,950 £817 1

House Type in NE40 3RP area

The most common house types in the NE40 3RP postcode area are Semi-detached (62), Terraced (17), and Flat (15).

Total112
Semi-detached62
Terraced17
Flat15
Detached13
converted building4
Shared house1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (42), and Social rented: Rents from council or Local Authority (29).

Owned: Owns outright42
Social rented: Rents from council or Local Authority29
Owned: Owns with a mortgage or loan20
Private rented: Private landlord or letting agency15
Private rented: Other private rented4
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3RP have 1 person in household (48), and 2 people in household (44).

1 person in household48
2 people in household44
4 people in household11
3 people in household10
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0