Housing Market Analysis for NE40 4EL

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £299,000 median price is £299,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £299,000 with Total Sold: 1
    • The most recent sale happened at this postcode is DENE HOUSE OLD MAIN STREET: £299,000 (Sold on 31 Jul 2023)
    • The first recorded sale happened at this postcode is DENE HOUSE OLD MAIN STREET: £299,000 (Sold on 31 Jul 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4EL 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£299,000 £1,625 1

All the Sales in the NE40 4EL

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

AddressSold DatePrice% Change
DENE HOUSE OLD MAIN STREETTerraced, FreeholdArea: 184 Sq.mtrAge: before 190031 Jul 2023£299,000First Sale

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

NE40 4EL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £85,840 median price is £85,000 Standard Deviation is £42,462 with Total Sold: 1,391
    • The Last 5 Year average price is £117,262 with Total Sold: 234
    • 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 £115,215 median price is £110,000 Standard Deviation is £59,920 with Total Sold: 471
    • The Last 5 Year average price is £165,636 with Total Sold: 107
    • 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)
  • Detached
    • The average price is around £208,360 median price is £215,498 Standard Deviation is £91,086 with Total Sold: 290
    • The Last 5 Year average price is £273,261 with Total Sold: 119
    • The most recent sale happened at this postcode is , GLENCOE FELL VIEW: £125,000 (Sold on 01 Jul 2024)
    • The first recorded sale happened at this postcode is , THE RISE, 44 OLD MAIN STREET: £73,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £58,527 median price is £54,000 Standard Deviation is £34,520 with Total Sold: 121
    • The Last 5 Year average price is £80,350 with Total Sold: 10
    • 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 , 2 GREENACRES CLOSE: £30,000 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £324,504 median price is £111,000 Standard Deviation is £817,740 with Total Sold: 32
    • The Last 5 Year average price is £188,884 with Total Sold: 22
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,967 £2,304 16
2023£122,886 £1,561 32
2022£120,557 £1,599 45
2021£113,537 £1,483 54
2020£107,618 £1,473 50
2019£120,070 £1,521 37
2018£110,612 £1,504 49
2017£101,540 £1,408 33
2016£110,477 £1,511 39
2015£106,918 £1,332 31
2014£104,954 £1,389 35
2013£123,219 £1,550 58
2012£90,593 £1,326 16
2011£102,132 £1,490 19
2010£108,951 £1,543 39
2009£105,698 £1,357 20
2008£121,734 £1,681 19
2007£113,955 £1,677 55
2006£116,452 £1,582 70
2005£110,440 £1,523 54
2004£100,116 £1,382 44
2003£78,526 £1,058 75
2002£59,342 £799 92
2001£47,174 £656 86
2000£42,937 £587 61
1999£38,564 £549 56
1998£39,409 £534 59
1997£38,135 £519 59
1996£33,891 £502 53
1995£38,277 £507 35
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£136,250 £1,910 8
2023£191,964 £2,348 14
2022£189,150 £2,310 10
2021£152,434 £1,940 28
2020£172,623 £2,024 22
2019£159,530 £1,934 25
2018£160,829 £1,855 25
2017£127,875 £1,624 23
2016£138,667 £1,429 6
2015£148,573 £1,540 13
2014£112,946 £1,554 14
2013£138,549 £1,550 19
2012£132,900 £1,748 5
2011£109,200 £1,813 5
2010£141,562 £1,552 8
2009£130,994 £1,665 9
2008£116,950 £1,637 11
2007£138,663 £2,051 15
2006£128,676 £1,730 19
2005£132,252 £1,963 14
2004£123,869 £1,926 13
2003£92,367 £1,140 24
2002£64,067 £931 24
2001£60,437 £762 23
2000£47,993 £668 14
1999£55,462 £574 16
1998£44,295 £572 11
1997£51,039 £647 22
1996£43,530 £616 15
1995£52,653 £535 16
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£196,5002
2023£293,708 £2,812 12
2022£260,213 £2,274 7
2021£267,416 £2,327 36
2020£268,474 £2,383 24
2019£281,810 £2,159 38
2018£271,583 £2,114 25
2017£230,417 £2,005 6
2016£210,312 £2,204 8
2015£227,625 £2,709 4
2014£200,000 £1,979 3
2013£155,058 £1,781 12
2012£188,333 £1,564 3
2011£210,333 £2,123 3
2010£202,980 £1,794 5
2009£191,333 £1,369 3
2008£180,000 £2,165 1
2007£183,375 £1,585 6
2006£171,954 £1,689 12
2005£217,500 £2,198 8
2004£123,875 £1,382 4
2003£154,905 £1,787 11
2002£109,631 £930 8
2001£88,833 £839 6
2000£82,564 £915 7
1999£75,592 £801 6
1998£70,333 £908 6
1997£76,569 £774 13
1996£69,494 £716 8
1995£65,833 £522 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,0001
2023£76,250 £1,760 2
2022£78,200 £1,970 5
2021£75,000 £2,273 1
2020£73,000 £1,973 1
2018£95,500 £1,599 4
2017£55,000 £1,667 1
2016£59,000 £1,668 3
2015£62,500 £1,736 1
2014£46,250 £1,351 2
2013£68,000 £2,709 1
2010£57,317 £1,808 3
2009£72,382 £1,551 2
2008£174,0003
2007£92,167 £2,324 9
2006£76,041 £1,919 11
2005£68,545 £2,063 10
2004£77,333 £1,571 3
2003£49,242 £1,161 13
2002£32,217 £990 12
2001£34,483 £1,069 6
2000£27,357 £666 7
1999£28,056 £708 9
1998£29,483 £184 3
1997£21,8002
1996£49,975 £722 2
1995£27,375 £817 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,0001
2023£360,0001
2022£125,833 £1,613 6
2021£50,330 £1,000 5
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 4EL area

The most common house types in the NE40 4EL postcode area are Terraced (106), Semi-detached (9), and Flat (7).

Total130
Terraced106
Semi-detached9
Flat7
commercial building4
Shared house3
Detached1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright48
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency25
Social rented: Other social rented4
Private rented: Other private rented4
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE40 4EL have 1 person in household (62), and 2 people in household (46).

1 person in household62
2 people in household46
3 people in household13
4 people in household7
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0