Housing Market Analysis for TOWER GARDENS, NE40 3RR

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £91,770 median price is £93,500 Standard Deviation is £35,020 with Total Sold: 44
- The Last 5 Year average price is £117,375 with Total Sold: 14
- The most recent sale happened at this postcode is 6 TOWER GARDENS: £108,000 (Sold on 22 Sep 2023)
- The first recorded sale happened at this postcode is 7 TOWER GARDENS: £44,500 (Sold on 01 Mar 1995)
Terraced
- The average price is around £89,667 median price is £90,000 Standard Deviation is £10,209 with Total Sold: 3
- The Last 5 Year average price is £77,000 with Total Sold: 1
- The most recent sale happened at this postcode is 32 TOWER GARDENS: £77,000 (Sold on 02 Oct 2020)
- The first recorded sale happened at this postcode is 32 TOWER GARDENS: £102,000 (Sold on 13 Jan 2005)
Detached
- The average price is around £85,000 median price is £85,000 Standard Deviation is £30,000 with Total Sold: 2
- The most recent sale happened at this postcode is 47 TOWER GARDENS: £115,000 (Sold on 03 Aug 2007)
- The first recorded sale happened at this postcode is 47 TOWER GARDENS: £55,000 (Sold on 30 Aug 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3RR 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	£108,000	£1,800	1
2022	£143,000	£2,000	3
2021	£110,094	£1,674	8
2020	£112,750	£1,730	2
2018	£103,750	£1,569	2
2017	£93,250	£1,642	4
2016	£104,250	£1,358	2
2015	£95,000	£1,648	2
2010	£130,000	£1,424	1
2009	£93,500	£1,670	2
2008	£105,000		1
2007	£117,475	£1,791	2
2006	£120,000	£1,714	1
2004	£84,975		2
2002	£48,000	£606	2
2001	£52,000	£852	1
2000	£36,000	£590	1
1997	£36,083	£531	3
1996	£47,000	£716	2
1995	£41,250	£730	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£77,000	£1,222	1
2017	£90,000	£1,429	1
2005	£102,000	£1,619	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£115,000	£1,716	1
2002	£55,000	£821	1

All the Sales in the TOWER GARDENS, NE40 3RR

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

Address	Sold Date	Price	% Change
6 TOWER GARDENSSemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1930-1949	22 Sep 2023	£108,000	First Sale
50 TOWER GARDENSSemi-Detached, FreeholdArea: 91.29 Sq.mtrAge: 1950-1966	16 Dec 2022	£190,000	46.15%
	25 Oct 2010	£130,000	140.74%
	15 Nov 2002	£54,000	First Sale
8 TOWER GARDENSSemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1950-1966	17 Nov 2022	£109,000	First Sale
33 TOWER GARDENSSemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1930-1949	15 Aug 2022	£130,000	32.65%
	29 Sep 2017	£98,000	1.03%
	24 Jul 2009	£97,000	First Sale
10 TOWER GARDENSSemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1950-1966	04 Nov 2021	£90,000	First Sale
7 TOWER GARDENSSemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1930-1949	24 Sep 2021	£125,000	19.05%
	01 May 2015	£105,000	-15.97%
	28 Aug 2007	£124,950	140.29%
	27 Sep 2001	£52,000	23.81%
	21 Oct 1996	£42,000	-5.62%
	01 Mar 1995	£44,500	First Sale
2 TOWER GARDENSSemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1930-1949	10 Sep 2021	£98,250	First Sale
14 TOWER GARDENSSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	30 Jun 2021	£119,000	2.15%
	02 Dec 2016	£116,500	First Sale
11 TOWER GARDENSSemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1930-1949	14 May 2021	£106,000	152.38%
	08 Aug 2002	£42,000	16.67%
	20 Oct 2000	£36,000	First Sale
31 TOWER GARDENSSemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1950-1966	05 Feb 2021	£85,000	169.84%
	30 Jun 1997	£31,500	First Sale
38 TOWER GARDENSSemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1930-1949	15 Jan 2021	£167,500	86.11%
	13 Apr 2017	£90,000	First Sale
39 TOWER GARDENSSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1950-1966	08 Jan 2021	£90,000	First Sale
32 TOWER GARDENSTerraced, FreeholdArea: 63 Sq.mtrAge: 1930-1949	02 Oct 2020	£77,000	-14.44%
	11 Aug 2017	£90,000	-11.76%
	13 Jan 2005	£102,000	First Sale
12 TOWER GARDENSSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1930-1949	14 Aug 2020	£125,000	0.0
	27 Apr 2018	£125,000	4.17%
	13 Mar 2006	£120,000	130.77%
	14 Jun 1996	£52,000	First Sale
36 TOWER GARDENSSemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1950-1966	07 Feb 2020	£100,500	First Sale
34 TOWER GARDENSSemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1930-1949	28 Jun 2018	£82,500	First Sale
16 TOWER GARDENSSemi-Detached, FreeholdArea: 53.96 Sq.mtrAge: 1930-1949	14 Jul 2017	£95,000	11.76%
	21 Jan 2015	£85,000	-5.56%
	16 Oct 2009	£90,000	First Sale
44 TOWER GARDENSSemi-Detached, Freehold	12 May 2017	£90,000	First Sale
51 TOWER GARDENSSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1900-1929	22 Mar 2016	£92,000	142.11%
	07 Mar 1997	£38,000	First Sale
29 TOWER GARDENSSemi-Detached, Freehold	25 Apr 2008	£105,000	31.25%
29 TOWER GARDENSSemi-Detached, Freehold	29 Oct 2004	£80,000	First Sale
47 TOWER GARDENSDetached, FreeholdArea: 67 Sq.mtrAge: 1930-1949	03 Aug 2007	£115,000	109.09%
	30 Aug 2002	£55,000	First Sale
43 TOWER GARDENSSemi-Detached, FreeholdArea: 71.68 Sq.mtrAge: 1930-1949	05 Apr 2007	£110,000	First Sale
49 TOWER GARDENSSemi-Detached, Freehold	28 May 2004	£89,950	136.71%
49 TOWER GARDENSSemi-Detached, Freehold	30 May 1995	£38,000	First Sale
45 TOWER GARDENSSemi-Detached, Freehold	26 Aug 1997	£38,750	First Sale

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

TOWER GARDENS, NE40 3RR Near By properties

Interactive Map

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

Terraced
- The average price is around £138,196 median price is £125,000 Standard Deviation is £86,712 with Total Sold: 585
- The Last 5 Year average price is £195,920 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 £137,433 median price is £125,000 Standard Deviation is £86,080 with Total Sold: 707
- The Last 5 Year average price is £189,326 with Total Sold: 167
- 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 £238,069 median price is £200,000 Standard Deviation is £138,622 with Total Sold: 295
- The Last 5 Year average price is £383,694 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 £842,764 median price is £170,000 Standard Deviation is £1,778,783 with Total Sold: 25
- The Last 5 Year average price is £1,000,278 with Total Sold: 13
- 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 £87,990 median price is £81,000 Standard Deviation is £42,438 with Total Sold: 100
- 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 , 10 MEADOW WALK: £44,950 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£257,447	£2,339	8
2023	£187,145	£2,006	23
2022	£205,274	£2,036	23
2021	£183,906	£1,828	16
2020	£177,033	£1,646	25
2019	£205,268	£1,848	17
2018	£172,624	£1,510	17
2017	£190,857	£1,718	22
2016	£206,094	£1,778	16
2015	£161,469	£1,686	16
2014	£183,989	£1,465	22
2013	£146,662	£1,365	12
2012	£160,409	£1,610	11
2011	£142,384	£1,453	15
2010	£165,429	£1,715	14
2009	£180,464	£1,654	14
2008	£141,423	£1,552	13
2007	£198,079	£1,573	17
2006	£149,876	£1,471	25
2005	£170,027	£1,523	21
2004	£173,143	£1,374	21
2003	£123,043	£1,122	21
2002	£77,931	£734	27
2001	£67,948	£731	33
2000	£71,504	£551	24
1999	£59,636	£538	21
1998	£59,796	£559	23
1997	£62,246	£558	24
1996	£52,466	£451	26
1995	£58,081	£516	18

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,615	£2,059	13
2023	£180,058	£2,071	26
2022	£234,886	£2,295	35
2021	£165,658	£1,917	43
2020	£192,425	£2,143	28
2019	£175,258	£1,850	22
2018	£168,196	£1,727	31
2017	£153,078	£1,889	32
2016	£163,000	£1,874	26
2015	£161,517	£1,717	23
2014	£141,075	£1,631	26
2013	£150,000	£1,686	19
2012	£133,688	£1,569	24
2011	£191,667	£1,713	15
2010	£186,906	£1,865	16
2009	£144,286	£1,458	14
2008	£140,357	£1,411	7
2007	£149,630	£1,846	33
2006	£141,570	£1,590	29
2005	£161,503	£1,666	18
2004	£126,958	£1,195	18
2003	£98,135	£1,055	23
2002	£84,488	£723	26
2001	£70,615	£929	20
2000	£59,747	£704	18
1999	£64,516	£612	22
1998	£65,101	£625	34
1997	£60,300	£631	23
1996	£61,917	£686	27
1995	£63,716	£654	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£430,000	£3,750	3
2023	£353,500	£2,687	8
2022	£326,300	£2,937	10
2021	£420,243	£2,610	22
2020	£406,042	£2,842	12
2019	£251,791	£2,255	3
2018	£282,273	£2,392	11
2017	£253,167	£2,433	6
2016	£263,104	£1,896	13
2015	£247,500	£2,927	4
2014	£285,000	£2,298	1
2013	£249,727	£2,232	11
2012	£242,000	£2,136	8
2011	£275,944	£2,327	9
2010	£253,000	£2,296	7
2009	£321,750	£1,877	6
2008	£321,143	£2,477	7
2007	£195,661	£1,785	9
2006	£251,231	£2,109	13
2005	£284,550	£2,499	10
2004	£240,493	£1,777	15
2003	£184,615	£1,423	13
2002	£154,005	£1,300	14
2001	£126,439	£958	9
2000	£120,029	£1,164	12
1999	£117,059	£1,039	16
1998	£128,162	£567	12
1997	£131,395	£1,112	10
1996	£100,457	£692	15
1995	£115,833	£592	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£132,500		2
2023	£200,000		1
2022	£1,105,960	£2,550	2
2021	£96,422	£772	4
2020	£4,417,500	£69,623	2
2019	£553,000		2
2018	£78,417	£991	6
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	£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	£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	£72,500	£1,912	2
2005	£99,450	£1,492	5
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	£39,917	£632	3
1995	£44,950	£817	1

House Type in NE40 3RR area

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

Total	112
Semi-detached	62
Terraced	17
Flat	15
Detached	13
converted building	4
Shared house	1
commercial building	0
temporary structure	0

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 outright	42
Social rented: Rents from council or Local Authority	29
Owned: Owns with a mortgage or loan	20
Private rented: Private landlord or letting agency	15
Private rented: Other private rented	4
Social rented: Other social rented	3
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 3RR have 1 person in household (48), and 2 people in household (44).

1 person in household	48
2 people in household	44
4 people in household	11
3 people in household	10
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0