Housing Market Analysis for NE40 4LP

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE40 4LP 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 4LP

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

    AddressSold DatePrice% Change

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

    NE40 4LP Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £235,545 median price is £251,000 Standard Deviation is £96,344 with Total Sold: 177
      • The Last 5 Year average price is £295,395 with Total Sold: 61
      • 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 , PARK VIEW LEAD ROAD: £121,000 (Sold on 19 May 1995)
    • Terraced
      • The average price is around £84,593 median price is £85,000 Standard Deviation is £47,698 with Total Sold: 506
      • The Last 5 Year average price is £122,681 with Total Sold: 86
      • The most recent sale happened at this postcode is , 34 STANHOPE STREET: £87,500 (Sold on 09 Aug 2024)
      • The first recorded sale happened at this postcode is , 5 SILVERTOP GARDENS: £39,000 (Sold on 17 Feb 1995)
    • Semi-Detached
      • The average price is around £153,437 median price is £168,000 Standard Deviation is £75,430 with Total Sold: 80
      • The Last 5 Year average price is £209,493 with Total Sold: 27
      • The most recent sale happened at this postcode is , 9 SHEPHERD DRIVE: £252,500 (Sold on 10 Jul 2024)
      • The first recorded sale happened at this postcode is , 6 HEATHFIELD FARM: £75,000 (Sold on 24 Mar 1995)
    • Other
      • The average price is around £989,917 median price is £259,250 Standard Deviation is £1,683,588 with Total Sold: 6
      • The Last 5 Year average price is £237,900 with Total Sold: 5
      • The most recent sale happened at this postcode is , STORE HOUSE LEAD ROAD: £340,000 (Sold on 14 Jun 2022)
      • The first recorded sale happened at this postcode is , 21 SHEPHERD DRIVE: £4,750,000 (Sold on 13 Dec 2016)
    • Flat
      • The average price is around £90,620 median price is £97,500 Standard Deviation is £28,797 with Total Sold: 17
      • The Last 5 Year average price is £92,010 with Total Sold: 5
      • The most recent sale happened at this postcode is , 11 MILLENNIUM COURT: £110,300 (Sold on 20 May 2022)
      • The first recorded sale happened at this postcode is , 10 HEATHFIELD FARM: £41,000 (Sold on 01 Sep 1995)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£229,0003
    2023£370,667 £2,411 6
    2022£310,122 £2,340 4
    2021£359,000 £2,104 3
    2020£274,868 £2,281 16
    2019£289,403 £2,156 29
    2018£301,158 £2,116 24
    2017£263,750 £2,050 2
    2015£248,333 £1,957 3
    2014£294,167 £1,751 3
    2013£224,975 £1,826 4
    2011£361,500 £1,448 2
    2010£275,000 £1,634 1
    2009£229,975 £1,882 2
    2008£242,000 £2,061 3
    2007£235,869 £1,714 8
    2006£212,125 £1,991 4
    2005£206,667 £1,366 3
    2004£229,490 £1,310 5
    2003£191,738 £1,567 4
    2002£122,000 £1,035 1
    2001£127,165 £939 33
    2000£96,000 £980 1
    1999£89,833 £690 3
    1998£149,000 £591 1
    1997£158,750 £928 4
    1996£88,500 £405 2
    1995£97,000 £417 3
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£166,250 £2,483 6
    2023£104,333 £1,432 12
    2022£117,432 £1,487 22
    2021£127,227 £1,563 22
    2020£137,038 £1,590 13
    2019£103,373 £1,413 11
    2018£109,246 £1,420 14
    2017£94,177 £1,280 11
    2016£99,779 £1,297 21
    2015£111,778 £1,163 16
    2014£85,354 £1,113 14
    2013£96,879 £1,354 12
    2012£115,167 £1,178 12
    2011£95,273 £1,234 11
    2010£101,273 £1,370 11
    2009£112,194 £1,324 10
    2008£105,250 £1,382 10
    2007£108,553 £1,410 18
    2006£107,545 £1,460 21
    2005£104,794 £1,435 17
    2004£106,820 £1,261 23
    2003£73,876 £994 29
    2002£58,672 £703 25
    2001£47,821 £692 29
    2000£36,600 £501 24
    1999£39,483 £486 23
    1998£34,691 £473 22
    1997£37,834 £501 13
    1996£40,997 £420 19
    1995£30,756 £404 15
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£252,5001
    2023£226,600 £2,344 5
    2022£170,398 £1,705 5
    2021£229,082 £2,316 3
    2020£217,596 £2,375 5
    2019£205,450 £2,260 8
    2018£193,414 £1,988 11
    2017£184,333 £1,509 3
    2014£165,000 £1,634 1
    2013£275,000 £1,284 1
    2012£157,000 £1,389 1
    2011£155,725 £1,503 4
    2010£155,101 £1,719 1
    2009£80,000 £1,039 1
    2008£85,165 £768 2
    2007£129,000 £1,688 2
    2006£119,950 £952 1
    2004£128,000 £603 2
    2003£93,000 £997 2
    2002£128,000 £1,133 1
    2001£53,850 £386 4
    2000£84,000 £542 1
    1999£53,500 £555 2
    1998£74,190 £575 5
    1996£83,817 £606 3
    1995£67,200 £510 5
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£340,0001
    2021£150,0001
    2019£233,167 £3,857 3
    2016£4,750,000 £42,035 1
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£107,767 £1,743 3
    2021£45,000 £779 1
    2019£91,750 £1,555 1
    2014£96,000 £1,433 2
    2013£97,500 £1,653 1
    2012£115,000 £1,855 1
    2010£120,000 £1,818 1
    2009£117,9951
    2008£124,995 £2,083 1
    2007£90,000 £1,558 1
    2005£100,0001
    2001£48,5001
    1997£33,499 £580 1
    1995£41,0001

    House Type in NE40 4LP area

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

    Total202
    Terraced90
    Detached59
    Semi-detached53
    Flat0
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    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 loan109
    Owned: Owns outright70
    Shared ownership: Shared ownership10
    Private rented: Private landlord or letting agency9
    Private rented: Other private rented2
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Social rented: Other social rented0
    Lives rent free0

    Number of People in a Household

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

    2 people in household93
    3 people in household45
    1 person in household40
    4 people in household19
    5 people in household4
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0