Housing Market Analysis for NE40 4LJ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE40 4LJ 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.

    All the Sales in the NE40 4LJ

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

    AddressSold DatePrice% Change

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

    NE40 4LJ Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £96,076 median price is £99,750 Standard Deviation is £46,668 with Total Sold: 244
      • The Last 5 Year average price is £143,380 with Total Sold: 33
      • The most recent sale happened at this postcode is , 9 BRADLEY VIEW: £125,000 (Sold on 31 Jul 2024)
      • The first recorded sale happened at this postcode is , 11 FELL VIEW WEST: £37,000 (Sold on 24 Mar 1995)
    • Semi-Detached
      • The average price is around £122,418 median price is £106,250 Standard Deviation is £68,973 with Total Sold: 136
      • The Last 5 Year average price is £183,570 with Total Sold: 25
      • The most recent sale happened at this postcode is , 16 WESLEY MOUNT: £130,000 (Sold on 16 Feb 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 £167,993 median price is £178,750 Standard Deviation is £86,663 with Total Sold: 60
      • The Last 5 Year average price is £254,375 with Total Sold: 12
      • The most recent sale happened at this postcode is , 5 STONEYLEA CLOSE: £285,000 (Sold on 05 Dec 2023)
      • 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 £87,375 median price is £87,250 Standard Deviation is £20,048 with Total Sold: 4
      • The Last 5 Year average price is £110,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 37 WESTWOOD VIEW: £110,000 (Sold on 04 Oct 2022)
      • The first recorded sale happened at this postcode is , 4 MELDON COURT: £70,000 (Sold on 12 Aug 1996)
    • Other
      • The average price is around £64,831 median price is £100,000 Standard Deviation is £44,730 with Total Sold: 5
      • The Last 5 Year average price is £101,333 with Total Sold: 3
      • The most recent sale happened at this postcode is , 21 WESTWOOD VIEW: £100,000 (Sold on 13 May 2022)
      • 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£175,0002
    2023£135,600 £1,700 5
    2022£176,333 £2,198 3
    2021£136,889 £1,816 9
    2020£125,125 £1,633 8
    2019£156,925 £1,816 6
    2018£122,722 £1,620 9
    2017£114,900 £1,548 5
    2016£126,400 £1,601 10
    2015£133,643 £1,563 7
    2014£116,214 £1,398 7
    2013£135,917 £1,517 6
    2012£100,750 £1,547 2
    2011£102,400 £1,329 5
    2010£99,400 £1,416 5
    2009£118,083 £1,505 6
    2008£135,000 £1,547 2
    2007£135,040 £1,777 10
    2006£137,064 £1,826 14
    2005£122,742 £1,568 6
    2004£109,831 £1,506 10
    2003£95,954 £1,090 13
    2002£66,414 £755 14
    2001£60,204 £722 13
    2000£48,887 £688 15
    1999£43,195 £584 10
    1998£40,342 £523 13
    1997£44,367 £566 12
    1996£41,883 £569 9
    1995£43,938 £459 8
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£130,000 £1,646 1
    2023£186,500 £2,219 6
    2022£218,333 £2,673 3
    2021£175,250 £2,078 6
    2020£156,950 £1,890 5
    2019£212,250 £2,525 4
    2018£149,359 £1,824 11
    2017£135,250 £1,541 6
    2016£149,250 £1,489 4
    2015£178,750 £1,553 4
    2014£111,062 £1,525 4
    2013£96,250 £1,025 2
    2012£205,000 £2,356 1
    2011£81,500 £1,283 2
    2010£160,000 £1,946 1
    2009£167,5003
    2008£121,7502
    2007£166,750 £2,578 4
    2006£194,633 £2,166 3
    2005£170,780 £2,056 5
    2004£133,558 £1,678 6
    2003£118,000 £1,474 4
    2002£69,533 £1,202 6
    2001£63,142 £704 12
    2000£71,000 £664 2
    1999£68,567 £702 6
    1998£39,667 £577 3
    1997£65,636 £600 7
    1996£50,499 £570 6
    1995£56,364 £602 7
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£250,833 £2,482 3
    2022£287,500 £2,928 3
    2021£232,500 £2,409 3
    2020£207,498 £2,740 2
    2019£325,000 £1,764 1
    2018£210,000 £1,927 1
    2017£239,000 £2,248 2
    2016£210,750 £2,222 2
    2015£239,000 £2,307 2
    2014£202,500 £2,149 2
    2013£173,900 £1,990 3
    2011£240,500 £2,069 2
    2010£250,000 £1,271 1
    2009£162,500 £1,101 2
    2007£249,9991
    2006£220,000 £2,215 3
    2005£221,667 £1,961 3
    2002£86,183 £1,055 3
    2001£95,250 £807 2
    2000£79,625 £841 4
    1999£92,2502
    1998£56,0002
    1997£76,650 £574 6
    1996£72,6503
    1995£70,0002
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£110,000 £1,833 1
    2006£104,500 £1,742 1
    2002£65,0001
    1996£70,000 £722 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£100,000 £1,613 2
    2020£104,000 £1,708 1
    2018£9,9051
    2016£10,2501

    House Type in NE40 4LJ area

    The most common house types in the NE40 4LJ 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 4LJ 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