Housing Market Analysis for PARK FIELD, NE40 3RW

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £93,393 median price is £96,500 Standard Deviation is £45,533 with Total Sold: 14
    • The Last 5 Year average price is £175,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 91 PARK FIELD: £175,000 (Sold on 30 Nov 2023)
    • The first recorded sale happened at this postcode is 99 PARK FIELD: £45,500 (Sold on 31 May 1996)
  • Terraced
    • The average price is around £95,969 median price is £101,375 Standard Deviation is £33,632 with Total Sold: 8
    • The Last 5 Year average price is £117,917 with Total Sold: 3
    • The most recent sale happened at this postcode is 16 PARK FIELD: £110,000 (Sold on 02 Feb 2021)
    • The first recorded sale happened at this postcode is 98 PARK FIELD: £146,000 (Sold on 09 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3RW 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
2023£175,000 £1,966 1
2019£140,000 £1,630 2
2018£88,000 £1,060 1
2014£131,500 £1,432 1
2013£122,500 £1,376 1
2012£105,000 £1,207 1
2011£125,000 £1,361 1
2003£80,000 £899 1
2002£40,000 £459 2
2001£45,0001
1998£30,000 £345 1
1996£45,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£110,000 £1,341 1
2020£97,750 £1,111 1
2018£88,000 £1,000 1
2010£105,000 £1,171 1
2008£107,000 £1,176 1
2005£96,000 £1,032 1
2002£18,000 £205 1
2024£146,0001

All the Sales in the PARK FIELD, NE40 3RW

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

AddressSold DatePrice% Change
91 PARK FIELDSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1967-197530 Nov 2023£175,000First Sale
16 PARK FIELDTerraced, FreeholdArea: 82 Sq.mtrAge: 1950-196602 Feb 2021£110,000First Sale
21 PARK FIELDTerraced, FreeholdArea: 88 Sq.mtrAge: 1950-196629 Oct 2020£97,75011.08%
21 Dec 2018£88,000388.89%
05 Aug 2002£18,000First Sale
29 PARK FIELDSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-196605 Dec 2019£140,00014.29%
30 Aug 2013£122,50053.12%
17 Jul 2003£80,000First Sale
23 PARK FIELDSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-196605 Aug 2019£140,00059.09%
01 Nov 2018£88,000First Sale
13 PARK FIELDSemi-Detached, FreeholdArea: 91.84 Sq.mtrAge: 1950-196617 Dec 2014£131,5005.20%
11 Jul 2011£125,000187.36%
07 May 2002£43,500First Sale
37 PARK FIELDSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-196614 Dec 2012£105,000First Sale
98 PARK FIELDTerraced, FreeholdArea: 89.7 Sq.mtrAge: 1930-194931 Mar 2010£105,000-28.08%
09 Aug 2024£146,000First Sale
12 PARK FIELDTerraced, FreeholdArea: 91 Sq.mtrAge: 1950-196627 Jun 2008£107,000First Sale
34 PARK FIELDTerraced, FreeholdArea: 93 Sq.mtrAge: 1950-196624 Jun 2005£96,000First Sale
94 PARK FIELDSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1930-194928 Feb 2002£36,500First Sale
30 PARK FIELDSemi-Detached, Freehold12 Jun 2001£45,000First Sale
20 PARK FIELDSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-196614 Aug 1998£30,000First Sale
99 PARK FIELDSemi-Detached, Freehold31 May 1996£45,500First Sale

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

PARK FIELD, NE40 3RW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £140,269 median price is £125,000 Standard Deviation is £89,542 with Total Sold: 578
    • The Last 5 Year average price is £197,605 with Total Sold: 90
    • 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 £141,622 median price is £124,250 Standard Deviation is £95,490 with Total Sold: 532
    • The Last 5 Year average price is £202,768 with Total Sold: 99
    • 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 £255,687 median price is £229,000 Standard Deviation is £137,166 with Total Sold: 243
    • The Last 5 Year average price is £394,191 with Total Sold: 49
    • 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 £984,221 median price is £190,000 Standard Deviation is £1,984,737 with Total Sold: 19
    • The Last 5 Year average price is £1,227,211 with Total Sold: 8
    • 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 £89,938 median price is £80,000 Standard Deviation is £44,357 with Total Sold: 81
    • The Last 5 Year average price is £104,418 with Total Sold: 19
    • 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 , 43 FAIRFIELDS: £25,000 (Sold on 27 Nov 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£292,8466
2023£192,111 £1,904 21
2022£201,578 £1,951 23
2021£175,735 £1,778 17
2020£189,968 £1,683 23
2019£212,892 £1,823 18
2018£168,506 £1,441 17
2017£189,791 £1,669 22
2016£217,656 £1,829 16
2015£150,219 £1,654 16
2014£185,155 £1,475 21
2013£141,924 £1,249 13
2012£160,409 £1,608 11
2011£152,719 £1,545 18
2010£165,733 £1,629 15
2009£177,458 £1,575 12
2008£141,955 £1,454 11
2007£217,790 £1,627 15
2006£164,194 £1,572 25
2005£173,068 £1,527 23
2004£179,955 £1,463 20
2003£123,706 £1,072 17
2002£78,634 £792 31
2001£70,303 £719 34
2000£70,171 £524 21
1999£66,544 £633 24
1998£61,052 £485 24
1997£64,304 £575 26
1996£49,437 £406 22
1995£58,231 £506 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£203,214 £2,059 7
2023£182,294 £1,939 17
2022£244,940 £2,204 24
2021£179,737 £1,929 31
2020£205,108 £2,179 20
2019£172,643 £1,678 21
2018£171,875 £1,610 28
2017£155,478 £1,743 23
2016£159,048 £1,663 21
2015£164,892 £1,731 19
2014£140,000 £1,552 15
2013£152,474 £1,640 19
2012£141,219 £1,602 16
2011£209,900 £1,377 10
2010£183,300 £1,755 15
2009£180,179 £1,464 7
2008£144,286 £1,218 7
2007£146,133 £1,798 18
2006£144,243 £1,456 23
2005£165,576 £1,505 17
2004£135,850 £1,256 14
2003£105,542 £1,020 20
2002£86,977 £709 20
2001£65,071 £818 14
2000£57,954 £619 12
1999£68,178 £678 16
1998£74,237 £596 23
1997£59,933 £617 24
1996£67,625 £670 18
1995£63,846 £570 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,0002
2023£376,222 £2,612 9
2022£348,375 £2,735 8
2021£380,269 £2,624 18
2020£434,792 £2,890 12
2019£320,000 £2,775 4
2018£310,750 £2,499 8
2017£284,988 £2,288 4
2016£291,267 £1,958 13
2015£312,500 £2,895 2
2014£296,250 £2,873 2
2013£343,286 £2,121 7
2012£220,857 £1,674 7
2011£282,889 £2,315 9
2010£243,000 £2,371 7
2009£309,100 £1,877 5
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£178,312 £1,412 8
2002£170,321 £1,242 14
2001£135,143 £937 7
2000£119,817 £936 3
1999£120,094 £1,004 16
1998£123,883 £695 9
1997£134,945 £973 10
1996£107,673 £727 11
1995£133,500 £593 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,5002
2022£334,000 £2,550 1
2021£127,897 £1,019 3
2020£4,417,500 £69,623 2
2019£553,0002
2018£85,875 £882 4
2017£1,825,0002
2016£72,0001
2015£341,0001
2014£3,370,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£84,400 £1,467 5
2022£86,500 £1,515 6
2021£139,658 £1,309 6
2020£102,498 £2,155 2
2019£100,0002
2018£107,000 £1,286 3
2017£170,000 £1,401 1
2016£113,000 £2,000 3
2015£95,738 £1,578 4
2014£106,800 £1,554 5
2013£69,950 £1,488 1
2012£79,500 £1,579 2
2011£74,000 £1,494 6
2010£99,667 £1,824 3
2008£177,500 £1,329 2
2007£80,0001
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£40,175 £642 4
1996£67,7501
1995£25,0001

House Type in NE40 3RW area

The most common house types in the NE40 3RW postcode area are Semi-detached (93), Terraced (20), and Flat (12).

Total130
Semi-detached93
Terraced20
Flat12
Detached4
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (45), and Owned: Owns with a mortgage or loan (33).

Social rented: Rents from council or Local Authority45
Owned: Owns with a mortgage or loan33
Owned: Owns outright29
Private rented: Private landlord or letting agency12
Social rented: Other social rented10
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3RW have 2 people in household (47), and 1 person in household (37).

2 people in household47
1 person in household37
3 people in household25
4 people in household15
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0