Housing Market Analysis for MEADOW CLOSE, NE40 3RU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £154,091 median price is £185,000 Standard Deviation is £69,253 with Total Sold: 11
    • The Last 5 Year average price is £202,625 with Total Sold: 4
    • The most recent sale happened at this postcode is 5 MEADOW CLOSE: £217,500 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is 3 MEADOW CLOSE: £64,000 (Sold on 29 Sep 1995)
  • Semi-Detached
    • The average price is around £168,000 median price is £170,000 Standard Deviation is £6,683 with Total Sold: 3
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 28 MEADOW CLOSE: £170,000 (Sold on 24 May 2019)
    • The first recorded sale happened at this postcode is 30 MEADOW CLOSE: £159,000 (Sold on 05 Dec 2013)
  • Detached
    • The average price is around £145,500 median price is £145,500 Standard Deviation is £70,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 MEADOW CLOSE: £216,000 (Sold on 09 Jun 2017)
    • The first recorded sale happened at this postcode is 2 MEADOW CLOSE: £75,000 (Sold on 14 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3RU 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
2024£217,500 £2,339 1
2022£198,000 £2,506 1
2021£205,000 £1,898 1
2020£190,000 £1,827 1
2017£185,000 £1,989 1
2015£213,500 £1,785 2
1998£71,5001
1996£68,500 £662 2
1995£64,000 £688 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£170,000 £1,771 1
2018£175,000 £2,273 1
2013£159,000 £1,632 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£216,000 £1,946 1
1995£75,000 £676 1

All the Sales in the MEADOW CLOSE, NE40 3RU

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

AddressSold DatePrice% Change
5 MEADOW CLOSETerraced, LeaseholdArea: 93 Sq.mtrAge: 1967-197528 Mar 2024£217,50034.26%
07 Aug 2015£162,000First Sale
4 MEADOW CLOSETerraced, LeaseholdArea: 79 Sq.mtrAge: 1967-197504 Nov 2022£198,000First Sale
9 MEADOW CLOSETerraced, LeaseholdArea: 108 Sq.mtrAge: 1967-197520 Oct 2021£205,000186.71%
18 Sep 1996£71,500First Sale
7 MEADOW CLOSETerraced, LeaseholdArea: 104 Sq.mtrAge: 1976-198202 Oct 2020£190,000First Sale
28 MEADOW CLOSESemi-Detached, LeaseholdArea: 96 Sq.mtrAge: 1967-197524 May 2019£170,000First Sale
6 MEADOW CLOSESemi-Detached, LeaseholdArea: 77 Sq.mtrAge: 1967-197530 Nov 2018£175,000First Sale
2 MEADOW CLOSEDetached, LeaseholdArea: 111 Sq.mtrAge: 1950-196609 Jun 2017£216,000188.00%
14 Aug 1995£75,000First Sale
3 MEADOW CLOSETerraced, LeaseholdArea: 93 Sq.mtrAge: 1976-198227 Jan 2017£185,000189.06%
29 Sep 1995£64,000First Sale
1 MEADOW CLOSETerraced, FreeholdArea: 145 Sq.mtrAge: 1950-196628 Sep 2015£265,000First Sale
30 MEADOW CLOSESemi-Detached, LeaseholdArea: 97.45 Sq.mtrAge: 1967-197505 Dec 2013£159,000First Sale
26 MEADOW CLOSETerraced, Leasehold13 Mar 1998£71,5009.16%
29 Jan 1996£65,500First Sale

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

MEADOW CLOSE, NE40 3RU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £127,985 median price is £114,500 Standard Deviation is £82,828 with Total Sold: 506
    • The Last 5 Year average price is £190,840 with Total Sold: 92
    • The most recent sale happened at this postcode is , 6 HOLBURN TERRACE: £221,500 (Sold on 13 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 £122,820 median price is £111,000 Standard Deviation is £69,232 with Total Sold: 639
    • The Last 5 Year average price is £163,868 with Total Sold: 136
    • 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 , 7 TOWER GARDENS: £44,500 (Sold on 01 Mar 1995)
  • Detached
    • The average price is around £196,656 median price is £170,000 Standard Deviation is £119,870 with Total Sold: 305
    • The Last 5 Year average price is £332,523 with Total Sold: 55
    • The most recent sale happened at this postcode is , 2 REEDSIDE: £410,000 (Sold on 16 May 2024)
    • The first recorded sale happened at this postcode is , 11 ASHTON COURT: £86,500 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £596,706 median price is £162,000 Standard Deviation is £1,054,637 with Total Sold: 19
    • The Last 5 Year average price is £401,658 with Total Sold: 9
    • The most recent sale happened at this postcode is , 67 DENE CRESCENT: £200,000 (Sold on 22 Sep 2023)
    • 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 £84,281 median price is £80,500 Standard Deviation is £40,557 with Total Sold: 96
    • The Last 5 Year average price is £114,184 with Total Sold: 16
    • The most recent sale happened at this postcode is 18, THE LAWN RYTON VILLAGE: £100,000 (Sold on 15 Sep 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£273,634 £2,339 8
2023£175,018 £2,051 19
2022£195,188 £1,964 16
2021£178,150 £2,043 13
2020£188,526 £1,613 19
2019£177,762 £1,771 17
2018£148,429 £1,635 14
2017£204,646 £1,790 13
2016£218,231 £1,763 13
2015£153,460 £1,809 15
2014£162,700 £1,519 15
2013£145,545 £1,580 10
2012£144,350 £1,527 10
2011£114,500 £1,428 9
2010£130,893 £1,684 14
2009£177,083 £1,623 12
2008£135,403 £1,602 16
2007£172,233 £1,671 21
2006£138,882 £1,738 22
2005£157,497 £1,457 19
2004£160,606 £1,456 17
2003£102,700 £1,330 21
2002£73,426 £858 19
2001£58,877 £761 35
2000£67,672 £559 25
1999£53,495 £700 20
1998£57,087 £626 23
1997£57,021 £595 17
1996£52,312 £506 20
1995£52,446 £619 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,800 £2,059 10
2023£185,684 £2,202 19
2022£166,329 £2,075 35
2021£149,262 £1,883 37
2020£151,966 £1,848 22
2019£177,897 £1,914 13
2018£170,640 £1,798 18
2017£136,555 £1,834 27
2016£176,868 £2,033 19
2015£142,257 £1,685 23
2014£121,924 £1,576 27
2013£132,321 £1,732 14
2012£125,550 £1,533 20
2011£190,625 £1,943 16
2010£152,000 £1,841 11
2009£146,000 £1,603 22
2008£135,150 £1,983 10
2007£140,968 £1,763 28
2006£146,950 £1,848 22
2005£152,867 £1,717 18
2004£106,871 £1,192 24
2003£94,764 £1,180 21
2002£72,986 £837 29
2001£64,812 £772 25
2000£59,517 £794 23
1999£53,569 £612 21
1998£63,752 £642 31
1997£54,724 £565 19
1996£60,217 £650 23
1995£62,121 £677 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£288,333 £3,750 3
2023£368,600 £2,548 5
2022£303,350 £3,382 10
2021£395,458 £2,706 18
2020£321,250 £2,779 8
2019£259,909 £2,432 11
2018£274,167 £2,701 9
2017£226,221 £2,425 7
2016£200,857 £2,246 7
2015£187,000 £2,319 5
2014£229,143 £2,359 7
2013£185,286 £2,492 7
2012£238,333 £2,521 6
2011£273,500 £2,640 6
2010£259,744 £2,306 8
2009£233,850 £2,053 7
2008£347,990 £2,854 5
2007£191,217 £1,558 9
2006£264,500 £2,134 7
2005£224,182 £2,261 11
2004£227,621 £2,052 12
2003£186,364 £1,575 11
2002£140,295 £1,429 17
2001£114,958 £1,051 12
2000£101,073 £1,132 15
1999£98,431 £931 18
1998£119,536 £809 14
1997£94,532 £895 14
1996£79,759 £688 17
1995£86,700 £856 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£200,0001
2022£823,973 £2,786 3
2021£86,000 £499 3
2020£342,500 £1,022 2
2018£93,700 £1,232 5
2017£1,270,667 £2,700 3
2016£72,0001
2014£3,370,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£92,500 £1,754 2
2022£92,000 £1,499 4
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£107,500 £1,739 2
2016£112,565 £1,897 4
2015£83,066 £1,475 5
2014£101,500 £1,514 6
2013£82,000 £1,323 1
2012£88,000 £1,727 3
2011£72,667 £1,529 3
2010£99,667 £1,824 3
2009£114,000 £1,823 1
2008£85,500 £2,250 1
2007£88,333 £1,744 3
2005£100,500 £1,289 5
2004£94,994 £1,819 8
2003£76,750 £1,534 4
2002£62,790 £1,035 5
2001£32,000 £821 1
2000£51,612 £979 4
1999£43,190 £768 5
1998£41,000 £911 1
1997£43,240 £690 5
1996£37,000 £444 3
1995£38,300 £853 3

House Type in NE40 3RU area

The most common house types in the NE40 3RU postcode area are Semi-detached (69), Detached (24), and Flat (16).

Total113
Semi-detached69
Detached24
Flat16
Terraced4
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (77), and Owned: Owns with a mortgage or loan (24).

Owned: Owns outright77
Owned: Owns with a mortgage or loan24
Private rented: Private landlord or letting agency8
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3RU have 2 people in household (53), and 1 person in household (38).

2 people in household53
1 person in household38
3 people in household14
4 people in household4
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0