Housing Market Analysis for GIBSON TERRACE, NE40 3UD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £68,786 median price is £76,000 Standard Deviation is £20,719 with Total Sold: 7
    • The Last 5 Year average price is £83,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 GIBSON TERRACE: £90,000 (Sold on 09 Jun 2023)
    • The first recorded sale happened at this postcode is 2 GIBSON TERRACE: £30,500 (Sold on 21 Jul 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 3UD 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
2023£87,500 £1,123 2
2022£76,000 £874 1
2013£86,000 £1,048 1
2012£67,000 £816 1
2002£47,000 £635 1
2000£30,5001

All the Sales in the GIBSON TERRACE, NE40 3UD

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

AddressSold DatePrice% Change
4 GIBSON TERRACETerraced, FreeholdArea: 82.08 Sq.mtrAge: 1900-192909 Jun 2023£90,0004.65%
26 Jul 2013£86,00028.36%
28 Sep 2012£67,000First Sale
5 GIBSON TERRACETerraced, FreeholdArea: 74 Sq.mtrAge: 1930-194924 Mar 2023£85,00080.85%
23 Aug 2002£47,000First Sale
3 GIBSON TERRACETerraced, FreeholdArea: 87 Sq.mtrAge: 1900-192916 May 2022£76,000First Sale
2 GIBSON TERRACETerraced, Freehold21 Jul 2000£30,500First Sale

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

GIBSON TERRACE, NE40 3UD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £87,258 median price is £88,500 Standard Deviation is £45,771 with Total Sold: 969
    • The Last 5 Year average price is £120,237 with Total Sold: 131
    • The most recent sale happened at this postcode is , 6 MORGY HILL EAST: £83,470 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 BUTTERFIELD CLOSE: £40,500 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £105,469 median price is £105,000 Standard Deviation is £51,088 with Total Sold: 585
    • The Last 5 Year average price is £145,473 with Total Sold: 84
    • The most recent sale happened at this postcode is , 3 MEADOWFIELD CRESCENT: £134,000 (Sold on 07 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 BUTTERFIELD CLOSE: £49,000 (Sold on 13 Jan 1995)
  • Detached
    • The average price is around £192,328 median price is £190,000 Standard Deviation is £96,537 with Total Sold: 381
    • The Last 5 Year average price is £258,613 with Total Sold: 95
    • The most recent sale happened at this postcode is , 67 JARVIS DRIVE: £265,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 33 CLOVERHILL DRIVE: £75,000 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £424,416 median price is £152,500 Standard Deviation is £1,456,850 with Total Sold: 30
    • The Last 5 Year average price is £491,947 with Total Sold: 23
    • The most recent sale happened at this postcode is , NE40 STUDIOS MAIN ROAD: £375,000 (Sold on 21 Feb 2024)
    • The first recorded sale happened at this postcode is , 2 ALLEN TERRACE: £94,000 (Sold on 04 Aug 2017)
  • Flat
    • The average price is around £51,022 median price is £44,000 Standard Deviation is £34,546 with Total Sold: 193
    • The Last 5 Year average price is £60,094 with Total Sold: 16
    • The most recent sale happened at this postcode is , 41 FAIRFIELDS: £83,500 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is , 41 MOLLYFAIR CLOSE: £19,000 (Sold on 03 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£134,088 £2,304 11
2023£125,017 £1,748 24
2022£131,251 £1,660 29
2021£114,741 £1,480 27
2020£109,286 £1,414 40
2019£115,066 £1,512 27
2018£111,968 £1,529 33
2017£121,232 £1,532 30
2016£117,858 £1,612 25
2015£112,823 £1,398 26
2014£106,220 £1,500 20
2013£114,191 £1,508 39
2012£94,889 £1,396 17
2011£120,000 £1,579 15
2010£111,028 £1,625 29
2009£93,192 £1,135 13
2008£128,265 £1,656 17
2007£117,753 £1,658 46
2006£119,364 £1,575 48
2005£104,302 £1,525 41
2004£98,260 £1,463 24
2003£76,269 £1,065 39
2002£57,855 £793 64
2001£47,732 £644 56
2000£41,404 £563 38
1999£37,388 £550 45
1998£38,590 £516 44
1997£41,012 £520 41
1996£33,421 £499 36
1995£36,441 £550 25
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,442 £2,211 13
2023£144,083 £2,237 12
2022£150,111 £2,130 14
2021£139,838 £1,950 25
2020£150,124 £1,848 20
2019£137,522 £1,872 49
2018£154,237 £1,977 25
2017£112,719 £1,663 21
2016£127,722 £1,749 9
2015£117,325 £1,655 12
2014£125,713 £2,008 15
2013£135,542 £1,612 21
2012£111,661 £1,676 9
2011£150,111 £2,176 9
2010£118,291 £1,359 11
2009£113,477 £1,640 13
2008£113,792 £1,680 12
2007£150,480 £1,854 28
2006£123,144 £1,673 27
2005£113,899 £1,761 14
2004£123,958 £1,804 13
2003£89,150 £1,379 26
2002£75,338 £1,012 28
2001£46,717 £751 24
2000£49,276 £748 25
1999£48,633 £825 16
1998£50,250 £768 17
1997£45,866 £679 35
1996£42,843 £569 23
1995£51,711 £657 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£262,500 £3,544 4
2023£301,214 £2,843 14
2022£285,732 £2,959 14
2021£244,234 £2,663 30
2020£241,635 £2,196 33
2019£246,145 £2,131 27
2018£217,585 £2,261 23
2017£245,531 £2,216 16
2016£213,700 £2,127 10
2015£215,125 £2,137 8
2014£209,840 £2,167 10
2013£182,812 £1,933 8
2012£177,875 £1,768 8
2011£242,000 £2,347 6
2010£258,883 £2,214 9
2009£296,667 £2,976 3
2008£288,090 £2,358 5
2007£205,689 £1,855 9
2006£196,154 £2,022 13
2005£192,833 £2,018 6
2004£145,278 £2,068 9
2003£149,818 £1,579 14
2002£134,684 £1,248 16
2001£89,287 £863 12
2000£100,990 £914 10
1999£75,686 £757 11
1998£82,250 £845 21
1997£80,115 £847 17
1996£67,636 £656 11
1995£77,625 £671 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,000 £1,045 2
2023£179,000 £1,458 3
2022£142,000 £1,384 5
2021£121,165 £1,207 10
2020£2,788,043 £57,325 3
2019£9,170 £241 1
2018£270,517 £2,500 2
2017£216,875 £1,775 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£78,667 £1,779 3
2022£52,500 £1,839 7
2021£60,375 £1,692 4
2020£58,250 £1,932 2
2019£35,875 £1,528 2
2018£73,750 £1,697 4
2017£46,000 £1,638 2
2016£65,679 £1,479 7
2015£54,983 £1,526 3
2014£48,625 £1,419 4
2013£59,983 £1,982 3
2011£63,000 £1,964 2
2010£57,317 £1,808 3
2009£65,167 £1,524 3
2008£198,5002
2007£87,808 £2,018 13
2006£69,727 £1,920 15
2005£76,871 £2,042 12
2004£79,000 £1,333 7
2003£42,540 £1,107 20
2002£30,489 £883 18
2001£26,612 £937 12
2000£27,357 £666 7
1999£25,571 £626 14
1998£23,593 £566 7
1997£19,845 £564 5
1996£29,9501
1995£28,341 £667 11

House Type in NE40 3UD area

The most common house types in the NE40 3UD postcode area are Semi-detached (46), Detached (41), and Terraced (40).

Total129
Semi-detached46
Detached41
Terraced40
Flat2
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 (71), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright71
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency6
Private rented: Other private rented4
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE40 3UD have 2 people in household (59), and 1 person in household (35).

2 people in household59
1 person in household35
3 people in household20
4 people in household15
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0