Housing Market Analysis for FOLLET CLOSE, NE40 4JN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £338,333 median price is £315,000 Standard Deviation is £164,131 with Total Sold: 3
    • The most recent sale happened at this postcode is GOOSEGREEN FARM: £550,000 (Sold on 28 May 2004)
    • The first recorded sale happened at this postcode is COALBURNS HALL FOLLET CLOSE: £315,000 (Sold on 16 Feb 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4JN 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
2004£550,0001
2013£150,000 £1,364 1
2009£315,000 £2,486 1

All the Sales in the FOLLET CLOSE, NE40 4JN

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

AddressSold DatePrice% Change
GOOSEGREEN FARMDetached, Freehold28 May 2004£550,000First Sale
BURN COTTAGEDetached, FreeholdArea: 110 Sq.mtrAge: before 190018 Oct 2013£150,000First Sale
COALBURNS HALL FOLLET CLOSEDetached, FreeholdArea: 126.7 Sq.mtrAge: 1950-196616 Feb 2009£315,000First Sale

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

FOLLET CLOSE, NE40 4JN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £171,500 median price is £165,000 Standard Deviation is £86,785 with Total Sold: 6
    • The Last 5 Year average price is £275,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , CHEVIOT VIEW COTTAGE COALBURNS COTTAGES: £320,000 (Sold on 31 Mar 2022)
    • The first recorded sale happened at this postcode is , 3 : £59,000 (Sold on 15 May 1998)
  • Semi-Detached
    • The average price is around £190,000 median price is £145,000 Standard Deviation is £78,209 with Total Sold: 3
    • The Last 5 Year average price is £300,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 5 COALBURNS COTTAGES: £300,000 (Sold on 26 Jul 2019)
    • The first recorded sale happened at this postcode is , 1 JUBILEE COTTAGES: £145,000 (Sold on 03 May 2006)
  • Detached
    • The average price is around £338,333 median price is £315,000 Standard Deviation is £164,131 with Total Sold: 3
    • The most recent sale happened at this postcode is , BURN COTTAGE : £150,000 (Sold on 18 Oct 2013)
    • The first recorded sale happened at this postcode is , GOOSEGREEN FARM : £550,000 (Sold on 28 May 2004)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£320,000 £2,222 1
2020£231,000 £2,247 1
2011£170,000 £1,181 1
2009£160,000 £1,726 1
2002£89,000 £960 1
1998£59,000 £637 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£300,000 £2,273 1
2010£125,000 £947 1
2006£145,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£150,000 £1,364 1
2009£315,000 £2,486 1
2004£550,0001

House Type in NE40 4JN area

The most common house types in the NE40 4JN postcode area are Detached (57), Semi-detached (38), and Flat (26).

Total153
Detached57
Semi-detached38
Flat26
Terraced17
converted building8
Shared house5
commercial building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (69), and Owned: Owns outright (62).

Owned: Owns with a mortgage or loan69
Owned: Owns outright62
Private rented: Private landlord or letting agency18
Private rented: Other private rented4
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 4JN have 2 people in household (61), and 1 person in household (33).

2 people in household61
1 person in household33
3 people in household31
4 people in household21
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0