Housing Market Analysis for ELMTREE DRIVE, NE40 4LR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £165,278 median price is £158,000 Standard Deviation is £41,336 with Total Sold: 16
    • The Last 5 Year average price is £207,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 ELMTREE DRIVE: £207,000 (Sold on 23 Mar 2020)
    • The first recorded sale happened at this postcode is 9 ELMTREE DRIVE: £119,000 (Sold on 04 Oct 2002)
  • Semi-Detached
    • The average price is around £161,390 median price is £180,000 Standard Deviation is £33,625 with Total Sold: 5
    • The most recent sale happened at this postcode is 11 ELMTREE DRIVE: £199,950 (Sold on 25 Nov 2016)
    • The first recorded sale happened at this postcode is 10 ELMTREE DRIVE: £121,000 (Sold on 06 Dec 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4LR 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
2020£207,000 £1,669 1
2014£210,000 £1,373 1
2011£171,000 £1,221 1
2009£247,500 £2,263 1
2006£215,0001
2005£195,0001
2004£189,975 £1,301 2
2002£127,375 £1,050 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£199,950 £1,868 1
2004£182,500 £1,705 2
2002£121,000 £1,061 2

All the Sales in the ELMTREE DRIVE, NE40 4LR

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

AddressSold DatePrice% Change
1 ELMTREE DRIVEDetached, LeaseholdArea: 124 Sq.mtrAge: 1996-200223 Mar 2020£207,00089.91%
18 Oct 2002£109,000First Sale
11 ELMTREE DRIVESemi-Detached, LeaseholdArea: 107.02 Sq.mtrAge: 1996-200225 Nov 2016£199,9508.08%
15 Oct 2004£185,0002.78%
23 Apr 2004£180,00048.76%
13 Dec 2002£121,000First Sale
4 ELMTREE DRIVEDetached, LeaseholdArea: 153 Sq.mtrAge: 1996-200202 May 2014£210,00062.79%
18 Oct 2002£129,000First Sale
9 ELMTREE DRIVEDetached, LeaseholdArea: 140 Sq.mtrAge: 1996-200218 Mar 2011£171,00043.70%
04 Oct 2002£119,000First Sale
6 ELMTREE DRIVEDetached, LeaseholdArea: 109.38 Sq.mtrAge: 1996-200231 Jul 2009£247,50070.69%
25 Oct 2002£145,000First Sale
2 ELMTREE DRIVEDetached, Leasehold23 Jan 2006£215,000First Sale
8 ELMTREE DRIVEDetached, Leasehold01 Jul 2005£195,00050.00%
29 Nov 2002£130,000First Sale
5 ELMTREE DRIVEDetached, LeaseholdArea: 146 Sq.mtrAge: 1996-200216 Sep 2004£190,00047.29%
25 Oct 2002£129,000First Sale
SUNNINGDALE, 3 ELMTREE DRIVEDetached, Leasehold27 Aug 2004£189,95047.25%
01 Nov 2002£129,000First Sale
10 ELMTREE DRIVESemi-Detached, LeaseholdArea: 122.12 Sq.mtrAge: 1996-200206 Dec 2002£121,000First Sale
7 ELMTREE DRIVEDetached, LeaseholdArea: 85 Sq.mtrAge: 1996-200222 Nov 2002£129,000First Sale

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

ELMTREE DRIVE, NE40 4LR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £88,798 median price is £85,000 Standard Deviation is £48,773 with Total Sold: 182
    • The Last 5 Year average price is £137,821 with Total Sold: 31
    • The most recent sale happened at this postcode is , 12 BURNHILLS GARDENS: £86,500 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 19 KINGS DRIVE: £48,500 (Sold on 27 Mar 1995)
  • Terraced
    • The average price is around £77,994 median price is £85,000 Standard Deviation is £36,950 with Total Sold: 287
    • The Last 5 Year average price is £108,283 with Total Sold: 46
    • The most recent sale happened at this postcode is , 7 CROXDALE TERRACE: £155,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 2 LANDSCAPE TERRACE: £35,500 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £139,906 median price is £127,500 Standard Deviation is £52,909 with Total Sold: 8
    • The Last 5 Year average price is £207,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , FERNDENE THE FOLLY: £200,000 (Sold on 11 Jan 2024)
    • The first recorded sale happened at this postcode is , FERNDENE THE FOLLY: £93,000 (Sold on 09 Aug 1996)
  • Detached
    • The average price is around £181,789 median price is £168,000 Standard Deviation is £85,852 with Total Sold: 149
    • The Last 5 Year average price is £266,705 with Total Sold: 22
    • The most recent sale happened at this postcode is , 14 JOHN AVENUE: £124,000 (Sold on 20 Sep 2023)
    • The first recorded sale happened at this postcode is , 3 BERRY HILL: £69,950 (Sold on 13 Mar 1995)
  • Other
    • The average price is around £93,040 median price is £93,040 Standard Deviation is £91,040 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 THE OAKS: £2,000 (Sold on 26 Aug 2016)
    • The first recorded sale happened at this postcode is , WHITE SWAN : £184,080 (Sold on 09 May 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£86,5001
2023£143,143 £1,737 7
2022£145,571 £1,639 7
2021£151,895 £2,232 10
2020£120,000 £1,800 3
2019£95,333 £1,518 3
2018£128,200 £1,352 5
2017£79,000 £1,318 5
2016£119,488 £1,390 4
2015£106,338 £1,382 4
2014£108,083 £1,435 6
2013£79,000 £1,034 4
2012£79,000 £1,553 2
2011£73,921 £1,176 7
2010£180,0001
2009£95,000 £1,309 3
2008£104,466 £1,171 5
2007£122,600 £1,706 10
2006£100,707 £1,454 7
2005£102,500 £2,076 6
2004£119,000 £1,473 8
2003£81,356 £1,214 10
2002£69,788 £946 12
2001£51,322 £613 9
2000£43,994 £698 10
1999£30,645 £438 10
1998£56,200 £455 5
1997£32,738 £474 4
1996£38,658 £464 6
1995£40,125 £674 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£127,5002
2023£106,025 £1,400 2
2022£124,329 £1,475 14
2021£109,439 £1,538 9
2020£93,333 £1,202 3
2019£94,275 £1,287 16
2018£102,143 £1,537 7
2017£100,550 £1,328 10
2016£98,383 £1,353 9
2015£95,875 £1,134 4
2014£89,729 £1,250 12
2013£67,640 £978 3
2012£96,000 £1,285 3
2011£99,833 £1,308 3
2010£90,500 £1,164 7
2009£88,962 £1,244 8
2008£118,362 £1,124 4
2007£123,368 £1,400 13
2006£104,461 £1,567 14
2005£92,367 £1,386 15
2004£97,881 £1,303 8
2003£75,814 £1,046 20
2002£50,171 £593 14
2001£48,032 £689 22
2000£33,000 £430 13
1999£36,750 £511 11
1998£33,688 £459 13
1997£37,679 £519 7
1996£28,250 £362 7
1995£34,661 £418 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,000 £2,326 1
2021£214,000 £1,372 1
2018£130,0001
2006£161,3752
2001£89,5001
2000£70,000 £449 1
1996£93,000 £1,081 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£222,750 £2,385 4
2022£340,250 £2,347 4
2021£353,750 £2,378 4
2020£228,167 £1,995 3
2019£216,571 £1,922 7
2018£308,500 £2,007 3
2017£293,167 £2,035 3
2016£205,000 £2,565 1
2015£259,167 £1,922 6
2014£228,167 £1,428 6
2013£215,983 £1,961 3
2011£189,250 £1,397 2
2010£335,000 £1,292 2
2009£235,817 £2,009 3
2008£228,000 £1,869 1
2007£223,550 £1,679 9
2006£220,500 £1,972 5
2005£200,000 £759 3
2004£188,862 £1,647 8
2003£183,421 £1,701 7
2002£121,091 £1,031 11
2001£120,073 £940 33
2000£96,000 £980 1
1999£101,125 £1,082 4
1998£84,925 £638 6
1997£82,900 £963 5
1996£89,000 £492 1
1995£83,988 £417 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£2,000 £17 1
2014£184,080 £1,737 1

House Type in NE40 4LR area

The most common house types in the NE40 4LR postcode area are Terraced (55), Semi-detached (46), and Detached (36).

Total138
Terraced55
Semi-detached46
Detached36
Flat1
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 outright (58), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright58
Owned: Owns with a mortgage or loan56
Private rented: Private landlord or letting agency17
Private rented: Other private rented5
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE40 4LR have 2 people in household (63), and 1 person in household (39).

2 people in household63
1 person in household39
4 people in household18
3 people in household13
5 people in household3
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0