Housing Market Analysis for WESLEY GROVE, NE40 4EP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £162,475 median price is £162,475 Standard Deviation is £37,525 with Total Sold: 2
    • The Last 5 Year average price is £200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is HAYDON WESLEY GROVE: £200,000 (Sold on 09 Sep 2021)
    • The first recorded sale happened at this postcode is HAYDON WESLEY GROVE: £124,950 (Sold on 26 Oct 2010)
  • Other
    • The average price is around £500,000 median price is £500,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT, ADDISON COURT WESLEY GROVE: £500,000 (Sold on 28 Nov 2019)
    • The first recorded sale happened at this postcode is UNIT, ADDISON COURT WESLEY GROVE: £500,000 (Sold on 28 Nov 2019)
  • Semi-Detached
    • The average price is around £145,000 median price is £145,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is REGELLI WESLEY GROVE: £145,000 (Sold on 02 Jun 2003)
    • The first recorded sale happened at this postcode is REGELLI WESLEY GROVE: £145,000 (Sold on 02 Jun 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4EP 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
2021£200,000 £2,299 1
2010£124,950 £1,436 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£500,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£145,0001

All the Sales in the WESLEY GROVE, NE40 4EP

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

AddressSold DatePrice% Change
HAYDON WESLEY GROVEDetached, FreeholdArea: 87 Sq.mtrAge: 1967-197509 Sep 2021£200,00060.06%
26 Oct 2010£124,950First Sale
UNIT, ADDISON COURT WESLEY GROVEOther, Freehold28 Nov 2019£500,000First Sale
REGELLI WESLEY GROVESemi-Detached, Freehold02 Jun 2003£145,000First Sale

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

WESLEY GROVE, NE40 4EP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £86,456 median price is £86,450 Standard Deviation is £42,881 with Total Sold: 1,256
    • The Last 5 Year average price is £117,279 with Total Sold: 221
    • 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 , 6 DALE STREET: £27,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £120,339 median price is £114,000 Standard Deviation is £60,250 with Total Sold: 409
    • The Last 5 Year average price is £166,626 with Total Sold: 104
    • 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 £212,094 median price is £227,995 Standard Deviation is £88,809 with Total Sold: 239
    • The Last 5 Year average price is £275,522 with Total Sold: 105
    • 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 £66,566 median price is £63,750 Standard Deviation is £38,111 with Total Sold: 68
    • The Last 5 Year average price is £93,750 with Total Sold: 6
    • 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 ROSEDALE ROAD: £29,950 (Sold on 26 Feb 1996)
  • Other
    • The average price is around £333,521 median price is £107,000 Standard Deviation is £843,786 with Total Sold: 30
    • 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£136,728 £3,431 13
2023£124,857 £1,544 29
2022£120,370 £1,573 43
2021£113,615 £1,472 52
2020£107,748 £1,451 48
2019£118,461 £1,499 36
2018£111,713 £1,521 47
2017£101,510 £1,393 32
2016£110,774 £1,499 37
2015£107,757 £1,307 29
2014£103,231 £1,310 32
2013£123,976 £1,532 54
2012£91,633 £1,311 15
2011£100,324 £1,424 17
2010£102,239 £1,402 32
2009£105,698 £1,357 20
2008£120,497 £1,653 16
2007£112,927 £1,608 47
2006£117,183 £1,586 64
2005£111,292 £1,499 49
2004£100,676 £1,332 39
2003£78,992 £1,044 68
2002£58,370 £766 82
2001£46,823 £642 75
2000£42,445 £574 50
1999£37,363 £515 46
1998£39,183 £525 52
1997£38,000 £517 54
1996£33,849 £492 48
1995£38,130 £462 30
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£136,250 £1,910 8
2023£195,654 £2,289 13
2022£189,150 £2,310 10
2021£152,434 £1,940 28
2020£172,623 £2,024 22
2019£162,533 £1,887 23
2018£160,310 £1,834 22
2017£130,149 £1,567 21
2016£138,667 £1,429 6
2015£148,573 £1,540 13
2014£114,365 £1,522 13
2013£142,732 £1,559 17
2012£144,833 £1,532 3
2011£109,200 £1,813 5
2010£141,562 £1,552 8
2009£136,993 £1,631 7
2008£122,056 £1,198 8
2007£142,121 £1,849 12
2006£129,932 £1,627 17
2005£140,544 £1,893 9
2004£126,486 £1,839 11
2003£92,968 £1,149 22
2002£66,663 £801 19
2001£62,502 £740 21
2000£50,883 £557 9
1999£55,707 £574 14
1998£46,286 £508 7
1997£56,697 £546 15
1996£44,579 £510 12
1995£54,464 £531 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£196,5002
2023£309,700 £2,878 10
2022£260,213 £2,274 7
2021£275,031 £2,291 32
2020£278,160 £2,380 21
2019£272,000 £2,155 33
2018£253,435 £2,034 18
2017£245,250 £2,008 4
2016£204,642 £2,209 7
2015£246,000 £2,959 3
2014£202,500 £2,149 2
2013£153,819 £1,791 10
2012£188,333 £1,564 3
2011£210,333 £2,123 3
2010£202,980 £1,794 5
2009£191,333 £1,369 3
2007£183,375 £1,585 6
2006£172,723 £1,579 11
2005£217,500 £2,198 8
2004£111,000 £837 3
2003£155,583 £1,894 6
2002£102,810 £1,106 5
2001£91,900 £829 5
2000£83,200 £850 5
1999£76,900 £786 5
1998£63,000 £951 3
1997£72,767 £706 9
1996£70,993 £693 7
1995£65,833 £522 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,0001
2023£76,250 £1,760 2
2022£99,333 £2,002 3
2018£71,500 £1,384 3
2016£57,000 £1,541 1
2015£62,500 £1,736 1
2014£51,500 £972 1
2010£54,950 £1,574 1
2009£79,2641
2008£174,0003
2007£98,643 £2,324 7
2006£89,700 £1,762 5
2005£70,250 £2,164 6
2004£71,0002
2003£57,057 £1,094 7
2002£40,790 £1,161 5
2001£34,790 £1,104 5
2000£29,167 £649 3
1999£28,333 £712 6
1998£29,250 £184 2
1997£26,5001
1996£49,975 £722 2
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£177,9702
2017£183,500 £1,382 4
2016£2,380,125 £42,035 2

House Type in NE40 4EP area

The most common house types in the NE40 4EP postcode area are Semi-detached (78), Flat (28), and Detached (14).

Total136
Semi-detached78
Flat28
Detached14
Terraced14
Shared house1
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (33), and Social rented: Other social rented (28).

Owned: Owns outright33
Social rented: Other social rented28
Social rented: Rents from council or Local Authority27
Owned: Owns with a mortgage or loan24
Private rented: Private landlord or letting agency22
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE40 4EP have 1 person in household (67), and 2 people in household (47).

1 person in household67
2 people in household47
3 people in household12
4 people in household9
5 people in household1
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0