Housing Market Analysis for VERA STREET, NE40 4AW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £99,155 median price is £91,000 Standard Deviation is £42,409 with Total Sold: 10
    • The Last 5 Year average price is £114,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 7 VERA STREET: £129,000 (Sold on 01 Sep 2023)
    • The first recorded sale happened at this postcode is 9 VERA STREET: £34,500 (Sold on 07 Jul 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4AW 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£112,667 £1,422 3
2019£120,000 £1,714 1
2015£95,000 £1,173 1
2012£87,000 £1,243 1
2007£190,0001
2005£75,052 £889 1
2002£52,0001
2000£34,5001

All the Sales in the VERA STREET, NE40 4AW

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

AddressSold DatePrice% Change
7 VERA STREETTerraced, FreeholdArea: 81 Sq.mtrAge: 1900-192901 Sep 2023£129,0000.0
01 Sep 2023£129,00035.79%
17 Jul 2015£95,000First Sale
3 VERA STREETTerraced, FreeholdArea: 74 Sq.mtrAge: 1900-192913 Mar 2023£80,000First Sale
4 VERA STREETTerraced, FreeholdArea: 70 Sq.mtrAge: 1900-192922 Mar 2019£120,00037.93%
31 Aug 2012£87,000First Sale
1 VERA STREETTerraced, Freehold06 Aug 2007£190,000First Sale
8 VERA STREETTerraced, FreeholdArea: 84.42 Sq.mtrAge: 1900-192905 Aug 2005£75,052First Sale
5 VERA STREETTerraced, Freehold30 Aug 2002£52,000First Sale
9 VERA STREETTerraced, Freehold07 Jul 2000£34,500First Sale

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

VERA STREET, NE40 4AW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £88,062 median price is £85,000 Standard Deviation is £49,228 with Total Sold: 573
    • The Last 5 Year average price is £118,663 with Total Sold: 97
    • 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 £115,029 median price is £110,000 Standard Deviation is £61,727 with Total Sold: 137
    • 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 £191,962 median price is £180,000 Standard Deviation is £98,616 with Total Sold: 73
    • The Last 5 Year average price is £267,342 with Total Sold: 13
    • 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£121,615 £1,528 24
2020£132,667 £1,671 9
2019£107,329 £1,390 17
2018£112,191 £1,353 22
2017£102,412 £1,248 12
2016£90,395 £1,167 19
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£98,857 £1,202 14
2009£121,908 £1,280 11
2008£118,144 £1,461 10
2007£128,378 £1,527 34
2006£121,747 £1,492 24
2005£97,675 £1,329 24
2004£107,720 £1,307 30
2003£68,335 £903 26
2002£57,354 £706 28
2001£41,079 £533 19
2000£35,698 £425 24
1999£36,709 £439 29
1998£33,168 £461 19
1997£35,682 £445 17
1996£40,573 £380 13
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£80,983 £1,060 3
2010£124,950 £1,492 1
2009£80,000 £1,039 1
2008£95,110 £1,166 3
2007£173,491 £2,058 6
2006£141,990 £1,585 5
2005£103,408 £1,405 6
2004£69,036 £765 11
2003£70,242 £947 6
2002£74,333 £916 3
2001£43,000 £381 3
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£325,000 £2,083 1
2022£197,000 £1,863 2
2021£392,111 £2,543 4
2020£196,500 £2,147 2
2019£145,000 £1,730 3
2018£313,333 £2,025 3
2017£300,000 £2,069 1
2016£265,000 £1,514 1
2015£235,000 £1,715 1
2014£176,750 £1,524 3
2013£212,317 £1,841 3
2012£193,000 £1,304 1
2011£263,000 £1,625 1
2009£234,950 £1,585 2
2008£240,500 £1,986 4
2007£215,375 £1,787 4
2006£178,748 £1,899 3
2005£128,000 £1,641 1
2004£246,400 £1,928 5
2003£154,143 £1,615 7
2002£107,475 £897 2
2001£141,250 £655 4
2000£96,000 £980 1
1999£110,000 £518 1
1998£113,500 £591 2
1997£90,000 £603 2
1996£66,833 £366 6
1995£56,000 £670 2
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 4AW area

The most common house types in the NE40 4AW postcode area are Terraced (82), Semi-detached (30), and Detached (22).

Total135
Terraced82
Semi-detached30
Detached22
Flat1
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 (59), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright59
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency18
Social rented: Rents from council or Local Authority7
Shared ownership: Shared ownership5
Private rented: Other private rented1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE40 4AW have 2 people in household (60), and 1 person in household (30).

2 people in household60
1 person in household30
3 people in household21
4 people in household16
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0