Housing Market Analysis for MELDON TERRACE, NE40 4AJ

Are you looking to understand NE40 4AJ 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 4AJ area, explore the NE40 4AJ Area information page.
For comprehensive crime statistics in the NE40 4AJ area, explore the NE40 4AJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE40 4AJ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £242,475 median price is £242,475 Standard Deviation is £82,525 with Total Sold: 2
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BETHANY MELDON TERRACE: £325,000 (Sold on 27 Jun 2023)
    • The first recorded sale happened at this postcode is ROSEMOUNT COTTAGE MELDON TERRACE: £159,950 (Sold on 08 Feb 2013)
  • Terraced
    • The average price is around £81,914 median price is £77,500 Standard Deviation is £41,998 with Total Sold: 14
    • The Last 5 Year average price is £123,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 MELDON TERRACE: £123,000 (Sold on 26 Mar 2020)
    • The first recorded sale happened at this postcode is 3 MELDON TERRACE: £29,500 (Sold on 18 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4AJ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£325,000 £2,083 1
2013£159,950 £2,352 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£123,000 £1,597 1
2016£75,000 £1,103 1
2015£105,000 £1,304 2
2014£82,475 £1,138 2
2007£139,950 £1,806 2
2006£125,0001
2001£37,5001
2000£39,950 £519 1
1997£31,000 £481 2
1995£29,5001

All the Sales in the MELDON TERRACE, NE40 4AJ

See the table below for more details on the sold house prices in the NE40 4AJ, Gateshead postcode.

AddressSold DatePrice% Change
BETHANY MELDON TERRACEDetached, FreeholdArea: 156 Sq.mtrAge: 1976-198227 Jun 2023£325,000First Sale
13 MELDON TERRACETerraced, FreeholdArea: 77 Sq.mtrAge: before 190026 Mar 2020£123,000-12.11%
30 Nov 2007£139,950250.31%
07 Jul 2000£39,9507.97%
22 Aug 1997£37,000First Sale
9 MELDON TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: 1900-192917 Jun 2016£75,000First Sale
10 MELDON TERRACETerraced, FreeholdArea: 85 Sq.mtrAge: 1900-192903 Jul 2015£80,000First Sale
15 MELDON TERRACETerraced, FreeholdArea: 78 Sq.mtrAge: 1900-192923 Apr 2015£130,000-7.11%
13 Jul 2007£139,950First Sale
6 MELDON TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: 1900-192920 Nov 2014£94,950First Sale
11 MELDON TERRACETerraced, FreeholdArea: 79.6 Sq.mtrAge: before 190009 May 2014£70,000First Sale
ROSEMOUNT COTTAGE MELDON TERRACEDetached, FreeholdArea: 68 Sq.mtrAge: 1983-199008 Feb 2013£159,950First Sale
3 MELDON TERRACETerraced, Freehold16 Oct 2006£125,000233.33%
09 Feb 2001£37,50027.12%
18 Oct 1995£29,500First Sale
8 MELDON TERRACETerraced, Freehold03 Oct 1997£25,000First Sale

Check out the sold house prices near the NE40 4AJ postcode. Properties currently for saleProperties currently for rent

MELDON TERRACE, NE40 4AJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE40 4AJ 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 4AJ postcode.

  • Terraced
    • The average price is around £88,613 median price is £85,000 Standard Deviation is £49,618 with Total Sold: 595
    • The Last 5 Year average price is £121,317 with Total Sold: 99
    • The most recent sale happened at this postcode is , 3 ROCKWOOD HILL ROAD: £167,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 SILVERTOP GARDENS: £39,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £114,838 median price is £110,000 Standard Deviation is £61,027 with Total Sold: 143
    • The Last 5 Year average price is £158,740 with Total Sold: 24
    • The most recent sale happened at this postcode is , 50 ROCKWOOD HILL ESTATE: £170,000 (Sold on 13 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 HEATHFIELD FARM: £75,000 (Sold on 24 Mar 1995)
  • Detached
    • The average price is around £191,148 median price is £179,000 Standard Deviation is £89,545 with Total Sold: 132
    • The Last 5 Year average price is £271,908 with Total Sold: 17
    • The most recent sale happened at this postcode is , LYNHOLME LEAD ROAD: £360,000 (Sold on 19 Feb 2024)
    • The first recorded sale happened at this postcode is , SWANG WELL LEAD ROAD: £67,000 (Sold on 02 May 1995)
  • Other
    • The average price is around £184,967 median price is £177,500 Standard Deviation is £103,509 with Total Sold: 6
    • The Last 5 Year average price is £184,967 with Total Sold: 6
    • The most recent sale happened at this postcode is , 10 SPEN LANE: £190,000 (Sold on 29 Aug 2023)
    • The first recorded sale happened at this postcode is , PACK HORSE INN LEAD ROAD: £165,000 (Sold on 08 Apr 2019)
  • Flat
    • The average price is around £114,217 median price is £100,000 Standard Deviation is £74,672 with Total Sold: 25
    • The Last 5 Year average price is £88,758 with Total Sold: 6
    • The most recent sale happened at this postcode is , 11 MILLENNIUM COURT: £110,300 (Sold on 20 May 2022)
    • The first recorded sale happened at this postcode is , 10 HEATHFIELD FARM: £41,000 (Sold on 01 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£157,929 £1,778 7
2023£108,765 £1,456 17
2022£113,848 £1,435 23
2021£123,950 £1,558 25
2020£151,400 £1,716 10
2019£107,329 £1,390 17
2018£113,029 £1,421 24
2017£102,412 £1,248 12
2016£91,625 £1,205 20
2015£115,950 £1,259 19
2014£85,775 £1,120 18
2013£97,425 £1,254 16
2012£109,265 £1,146 17
2011£95,750 £1,294 12
2010£99,800 £1,255 15
2009£121,908 £1,280 11
2008£118,144 £1,461 10
2007£128,378 £1,527 34
2006£121,651 £1,566 26
2005£98,816 £1,388 26
2004£107,308 £1,321 31
2003£69,775 £966 28
2002£57,354 £706 28
2001£46,854 £674 26
2000£35,698 £425 24
1999£36,709 £439 29
1998£33,168 £461 19
1997£35,682 £445 17
1996£42,963 £432 15
1995£31,833 £383 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,0002
2023£184,500 £2,097 3
2022£136,500 £1,444 7
2021£176,250 £1,788 5
2020£101,250 £1,994 2
2019£173,400 £1,473 5
2018£142,125 £1,603 8
2017£156,750 £1,723 6
2016£136,571 £1,432 7
2015£157,603 £1,390 4
2014£130,278 £1,384 9
2013£134,667 £1,113 6
2012£106,900 £1,115 5
2011£88,238 £1,070 4
2010£124,950 £1,492 1
2009£80,000 £1,039 1
2008£102,582 £1,166 4
2007£166,992 £2,058 7
2006£141,990 £1,585 5
2005£103,408 £1,405 6
2004£78,283 £765 12
2003£70,242 £947 6
2002£74,333 £916 3
2001£49,780 £381 5
2000£36,0001
1999£35,2252
1998£59,242 £529 6
1997£38,500 £322 2
1996£64,690 £753 5
1995£67,625 £467 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£360,0001
2023£275,667 £2,022 3
2022£241,333 £2,108 3
2021£376,689 £2,499 5
2020£196,500 £2,147 2
2019£145,000 £1,730 3
2018£292,100 £2,037 5
2017£275,833 £2,057 3
2016£265,000 £1,514 1
2015£257,500 £1,960 2
2014£201,312 £1,568 4
2013£218,980 £1,826 5
2012£193,000 £1,304 1
2011£361,500 £1,448 2
2010£275,000 £1,634 1
2009£236,633 £1,829 3
2008£240,500 £1,986 4
2007£236,328 £1,736 9
2006£205,949 £1,954 5
2005£156,500 £1,641 2
2004£241,564 £1,782 7
2003£164,595 £1,648 10
2002£107,475 £897 2
2001£128,389 £947 32
2000£96,000 £980 1
1999£110,000 £518 1
1998£113,500 £591 2
1997£144,250 £688 4
1996£66,833 £366 6
1995£79,000 £670 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,500 £1,740 2
2022£171,900 £37 2
2021£150,0001
2019£165,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£107,767 £1,743 3
2021£45,000 £779 1
2019£82,125 £1,425 2
2015£69,9501
2014£97,333 £1,372 3
2013£97,500 £1,653 1
2012£115,000 £1,855 1
2010£120,000 £1,818 1
2009£240,248 £2,530 2
2008£124,995 £2,083 1
2007£90,000 £1,558 1
2006£126,647 £1,673 3
2005£100,0001
2004£330,000 £2,304 1
2001£48,5001
1997£33,499 £580 1
1995£41,0001

House Type in NE40 4AJ area

The most common house types in the NE40 4AJ postcode area are Terraced (90), Semi-detached (8), and Detached (6).

Total108
Terraced90
Semi-detached8
Detached6
Shared house3
converted building1
Flat0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (45), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright45
Owned: Owns with a mortgage or loan38
Private rented: Private landlord or letting agency23
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE40 4AJ have 1 person in household (48), and 2 people in household (33).

1 person in household48
2 people in household33
3 people in household17
4 people in household11
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0