Housing Market Analysis for WESTFIELD AVENUE, NE40 4DR

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

Overview of Sold House prices

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

Terraced
- The average price is around £133,383 median price is £145,000 Standard Deviation is £38,549 with Total Sold: 32
- The Last 5 Year average price is £154,000 with Total Sold: 6
- The most recent sale happened at this postcode is 2 WESTFIELD AVENUE: £175,000 (Sold on 14 Aug 2023)
- The first recorded sale happened at this postcode is 1 WESTFIELD AVENUE: £57,000 (Sold on 21 Jul 1997)
Semi-Detached
- The average price is around £143,908 median price is £149,750 Standard Deviation is £32,730 with Total Sold: 6
- The most recent sale happened at this postcode is 5 WESTFIELD AVENUE: £130,000 (Sold on 29 Jun 2017)
- The first recorded sale happened at this postcode is 37 WESTFIELD AVENUE: £81,950 (Sold on 14 Jun 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4DR 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£165,000	£1,954	2
2021	£178,250	£2,087	2
2020	£118,750	£1,399	2
2019	£176,000	£1,853	2
2018	£140,000	£1,765	2
2016	£135,820	£1,811	1
2015	£155,000	£1,550	1
2014	£107,000	£1,070	1
2012	£120,000	£1,481	1
2010	£136,750	£1,335	2
2008	£166,000	£1,958	2
2007	£146,000	£1,802	1
2006	£170,250	£1,842	2
2005	£145,000		1
2004	£150,000		2
2003	£118,500	£1,349	2
2002	£91,250	£1,267	2
2000	£70,950		1
1999	£60,000		1
1997	£53,500	£617	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£157,500	£1,646	2
2015	£142,500	£1,583	1
2007	£157,000	£1,869	1
2006	£167,000	£1,758	1
2001	£81,950	£863	1

All the Sales in the WESTFIELD AVENUE, NE40 4DR

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

Address	Sold Date	Price	% Change
2 WESTFIELD AVENUETerraced, FreeholdArea: 95 Sq.mtrAge: 1950-1966	14 Aug 2023	£175,000	11.46%
	20 Sep 2019	£157,000	-19.49%
	15 Mar 2019	£195,000	7.14%
	04 Apr 2008	£182,000	4.00%
	07 Jul 2006	£175,000	40.00%
	25 Apr 2003	£125,000	First Sale
31 WESTFIELD AVENUETerraced, FreeholdArea: 89 Sq.mtrAge: 1950-1966	10 Sep 2021	£204,000	70.00%
	09 Oct 2020	£120,000	First Sale
11A WESTFIELD AVENUETerraced, FreeholdArea: 81 Sq.mtrAge: 1967-1975	02 Jul 2021	£152,500	29.79%
	10 Jan 2020	£117,500	-2.08%
	16 Apr 2012	£120,000	-17.81%
	30 Nov 2007	£146,000	30.36%
	10 Oct 2003	£112,000	124.00%
	28 Nov 1997	£50,000	First Sale
23 WESTFIELD AVENUETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	16 Nov 2018	£130,000	First Sale
9 WESTFIELD AVENUETerraced, FreeholdArea: 75 Sq.mtrAge: 1967-1975	28 Sep 2018	£150,000	0.0
	01 Apr 2008	£150,000	57.89%
	29 Nov 2002	£95,000	-38.71%
	20 Oct 2023	£155,000	First Sale
5 WESTFIELD AVENUESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1967-1975	29 Jun 2017	£130,000	-17.20%
	18 Apr 2007	£157,000	First Sale
33 WESTFIELD AVENUESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1967-1975	22 Feb 2017	£185,000	First Sale
38 WESTFIELD AVENUETerraced, FreeholdArea: 75 Sq.mtrAge: 1967-1975	31 Oct 2016	£135,820	First Sale
25 WESTFIELD AVENUETerraced, FreeholdArea: 100 Sq.mtrAge: 1950-1966	11 Sep 2015	£155,000	44.86%
	16 Dec 2014	£107,000	First Sale
35 WESTFIELD AVENUESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1950-1966	31 Jul 2015	£142,500	First Sale
26 WESTFIELD AVENUETerraced, Freehold	23 Apr 2010	£160,000	3.23%
26 WESTFIELD AVENUETerraced, Freehold	08 Oct 2004	£155,000	First Sale
20 WESTFIELD AVENUETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	05 Feb 2010	£113,500	First Sale
1 WESTFIELD AVENUETerraced, Freehold	15 Dec 2006	£165,500	190.35%
1 WESTFIELD AVENUETerraced, Freehold	21 Jul 1997	£57,000	First Sale
37 WESTFIELD AVENUESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1967-1975	11 Aug 2006	£167,000	103.78%
	14 Jun 2001	£81,950	First Sale
30 WESTFIELD AVENUETerraced, Freehold	17 Jun 2005	£145,000	First Sale
10 WESTFIELD AVENUETerraced, Freehold	07 May 2004	£145,000	104.37%
10 WESTFIELD AVENUETerraced, Freehold	17 Nov 2000	£70,950	First Sale
36 WESTFIELD AVENUETerraced, Freehold	24 Jun 2002	£87,500	45.83%
36 WESTFIELD AVENUETerraced, Freehold	17 Sep 1999	£60,000	First Sale

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

WESTFIELD AVENUE, NE40 4DR Near By properties

Interactive Map

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

Detached
- The average price is around £200,712 median price is £198,498 Standard Deviation is £92,108 with Total Sold: 362
- The Last 5 Year average price is £271,385 with Total Sold: 82
- The most recent sale happened at this postcode is , 7 GLEBE VIEW: £352,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , IVY COTTAGE BANK TOP: £57,500 (Sold on 10 Feb 1995)
Terraced
- The average price is around £86,833 median price is £86,000 Standard Deviation is £44,666 with Total Sold: 1,467
- The Last 5 Year average price is £121,420 with Total Sold: 198
- 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 £113,112 median price is £107,250 Standard Deviation is £61,319 with Total Sold: 576
- The Last 5 Year average price is £174,832 with Total Sold: 88
- The most recent sale happened at this postcode is , WINSTER ST AGNES VILLAS: £103,000 (Sold on 13 Aug 2024)
- The first recorded sale happened at this postcode is , 41 HORSLEY AVENUE: £60,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £53,124 median price is £44,000 Standard Deviation is £36,003 with Total Sold: 181
- The Last 5 Year average price is £67,300 with Total Sold: 15
- The most recent sale happened at this postcode is , 1C JUBILEE TERRACE: £112,000 (Sold on 01 Feb 2024)
- The first recorded sale happened at this postcode is , 41 MOLLYFAIR CLOSE: £19,000 (Sold on 03 Feb 1995)
Other
- The average price is around £312,769 median price is £111,000 Standard Deviation is £795,012 with Total Sold: 34
- The Last 5 Year average price is £126,673 with Total Sold: 19
- The most recent sale happened at this postcode is , 1B JUBILEE TERRACE: £112,000 (Sold on 01 Feb 2024)
- The first recorded sale happened at this postcode is , 68 HORSLEY AVENUE: £10,250 (Sold on 29 Nov 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£212,333		3
2023	£282,464	£2,847	14
2022	£291,187	£2,926	12
2021	£271,863	£2,453	26
2020	£262,939	£2,334	27
2019	£293,168	£2,150	34
2018	£274,707	£2,148	28
2017	£232,864	£2,164	11
2016	£205,318	£2,110	11
2015	£231,750	£2,537	6
2014	£214,582	£2,233	11
2013	£158,692	£1,784	14
2012	£200,500	£1,901	6
2011	£198,667	£2,256	3
2010	£202,483	£1,794	6
2009	£191,333	£1,369	3
2008	£214,975	£2,519	2
2007	£192,885	£1,696	7
2006	£184,025	£1,770	18
2005	£210,417	£2,143	12
2004	£127,357	£1,805	7
2003	£161,073	£1,787	13
2002	£125,536	£1,145	14
2001	£96,405	£883	11
2000	£88,075	£918	12
1999	£82,839	£809	9
1998	£79,667	£833	9
1997	£79,068	£817	20
1996	£65,268	£648	11
1995	£62,250	£522	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£133,831	£2,304	15
2023	£124,011	£1,565	33
2022	£129,397	£1,706	43
2021	£121,127	£1,569	51
2020	£110,712	£1,466	56
2019	£115,673	£1,490	41
2018	£108,656	£1,497	48
2017	£106,896	£1,417	36
2016	£117,039	£1,556	42
2015	£110,802	£1,364	33
2014	£104,129	£1,388	34
2013	£122,294	£1,554	62
2012	£95,447	£1,411	19
2011	£114,275	£1,574	20
2010	£109,514	£1,556	42
2009	£103,839	£1,325	19
2008	£130,954	£1,709	23
2007	£115,379	£1,647	60
2006	£116,333	£1,590	73
2005	£109,186	£1,531	59
2004	£101,150	£1,393	47
2003	£79,279	£1,058	77
2002	£60,023	£807	97
2001	£46,965	£651	89
2000	£42,435	£582	67
1999	£39,445	£560	62
1998	£39,080	£521	61
1997	£38,147	£528	61
1996	£34,486	£499	56
1995	£36,810	£521	41

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£137,583	£2,282	12
2023	£190,029	£2,413	17
2022	£198,038	£2,378	13
2021	£168,326	£2,112	23
2020	£176,422	£2,075	23
2019	£165,736	£2,078	22
2018	£170,812	£1,956	24
2017	£127,708	£1,726	27
2016	£127,833	£1,522	9
2015	£146,900	£1,641	16
2014	£122,172	£1,749	16
2013	£137,122	£1,560	20
2012	£128,431	£1,766	8
2011	£151,329	£2,049	12
2010	£140,122	£1,714	9
2009	£125,586	£1,702	11
2008	£116,038	£1,637	12
2007	£150,997	£2,030	18
2006	£131,386	£1,757	28
2005	£135,232	£2,061	15
2004	£126,638	£1,880	17
2003	£95,104	£1,414	28
2002	£62,908	£978	26
2001	£56,907	£803	28
2000	£51,995	£781	20
1999	£53,305	£598	21
1998	£49,917	£704	21
1997	£50,807	£687	35
1996	£41,534	£590	26
1995	£50,600	£614	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,000		1
2023	£76,250	£1,760	2
2022	£63,688	£1,853	8
2021	£59,500	£2,053	2
2020	£58,250	£1,932	2
2019	£35,875	£1,528	2
2018	£75,833	£1,585	6
2017	£46,000	£1,638	2
2016	£65,679	£1,479	7
2015	£47,500	£1,545	2
2014	£43,500	£1,429	3
2013	£55,000	£2,230	2
2011	£60,000	£2,500	1
2010	£57,317	£1,808	3
2009	£72,382	£1,551	2
2008	£174,000		3
2007	£92,633	£2,018	15
2006	£69,027	£1,965	15
2005	£74,035	£2,042	13
2004	£63,600	£1,689	5
2003	£42,211	£1,116	18
2002	£29,144	£929	16
2001	£26,612	£937	12
2000	£27,357	£666	7
1999	£25,045	£650	11
1998	£22,658	£542	6
1997	£19,806	£697	4
1996	£49,975	£722	2
1995	£28,917	£667	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,000		1
2023	£197,500	£1,458	2
2022	£125,833	£1,613	6
2021	£77,775	£1,066	6
2020	£169,532	£887	4
2019	£399,734	£2,651	5
2018	£183,646	£2,500	3
2017	£183,500	£1,775	5
2016	£2,380,125	£42,035	2

House Type in NE40 4DR area

The most common house types in the NE40 4DR postcode area are Terraced (90), Detached (59), and Semi-detached (53).

Total	202
Terraced	90
Detached	59
Semi-detached	53
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (109), and Owned: Owns outright (70).

Owned: Owns with a mortgage or loan	109
Owned: Owns outright	70
Shared ownership: Shared ownership	10
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE40 4DR have 2 people in household (93), and 3 people in household (45).

2 people in household	93
3 people in household	45
1 person in household	40
4 people in household	19
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0