Housing Market Analysis for NE40 4PA

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £170,000 median price is £170,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is PAYGATE HOUSE: £170,000 (Sold on 12 Feb 2021)
    • The first recorded sale happened at this postcode is PAYGATE HOUSE: £170,000 (Sold on 12 Feb 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4PA 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£170,000 £1,491 1

All the Sales in the NE40 4PA

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

AddressSold DatePrice% Change
PAYGATE HOUSEDetached, FreeholdArea: 114 Sq.mtrAge: 1900-192912 Feb 2021£170,000First Sale

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

NE40 4PA Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £86,470 median price is £85,000 Standard Deviation is £44,418 with Total Sold: 1,269
    • The Last 5 Year average price is £118,161 with Total Sold: 231
    • 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 , 1 BUTTERFIELD CLOSE: £40,500 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £110,268 median price is £110,000 Standard Deviation is £54,282 with Total Sold: 617
    • The Last 5 Year average price is £151,277 with Total Sold: 156
    • 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 £193,777 median price is £210,000 Standard Deviation is £77,006 with Total Sold: 310
    • The Last 5 Year average price is £245,607 with Total Sold: 134
    • The most recent sale happened at this postcode is , 67 JARVIS DRIVE: £265,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , IVY COTTAGE BANK TOP: £57,500 (Sold on 10 Feb 1995)
  • Flat
    • The average price is around £52,928 median price is £44,000 Standard Deviation is £36,892 with Total Sold: 161
    • The Last 5 Year average price is £60,703 with Total Sold: 16
    • 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 MOLLYFAIR CLOSE: £19,000 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £468,172 median price is £110,000 Standard Deviation is £1,539,101 with Total Sold: 27
    • The Last 5 Year average price is £597,734 with Total Sold: 19
    • 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£133,592 £2,304 16
2023£128,980 £1,646 32
2022£122,263 £1,583 44
2021£117,144 £1,496 52
2020£108,106 £1,383 49
2019£112,159 £1,453 38
2018£110,689 £1,485 45
2017£107,274 £1,381 32
2016£112,606 £1,535 30
2015£110,565 £1,369 30
2014£103,686 £1,324 29
2013£121,151 £1,526 61
2012£95,923 £1,414 13
2011£99,458 £1,464 12
2010£105,503 £1,452 33
2009£103,118 £1,280 17
2008£122,426 £1,640 21
2007£114,034 £1,575 52
2006£118,988 £1,611 55
2005£108,429 £1,547 53
2004£101,309 £1,317 34
2003£79,238 £1,064 67
2002£59,247 £785 81
2001£47,021 £646 75
2000£42,660 £579 51
1999£37,342 £530 53
1998£39,503 £516 51
1997£38,431 £521 58
1996£33,575 £483 49
1995£37,214 £531 36
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£137,804 £2,130 14
2023£172,844 £2,187 16
2022£154,308 £2,002 13
2021£149,372 £1,878 38
2020£159,835 £1,918 26
2019£144,216 £1,846 49
2018£156,024 £1,914 35
2017£120,123 £1,570 29
2016£127,562 £1,417 8
2015£132,372 £1,553 16
2014£116,868 £1,564 17
2013£138,590 £1,567 21
2012£105,636 £1,530 7
2011£106,286 £1,721 7
2010£132,017 £1,530 12
2009£109,795 £1,611 10
2008£114,621 £1,395 12
2007£137,371 £1,631 24
2006£126,994 £1,649 27
2005£122,533 £1,844 16
2004£120,260 £1,772 15
2003£87,098 £1,237 28
2002£70,054 £893 28
2001£49,702 £707 33
2000£49,744 £678 18
1999£49,172 £603 19
1998£46,250 £650 15
1997£43,000 £614 24
1996£42,352 £558 21
1995£49,453 £600 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£204,5004
2023£263,636 £2,885 11
2022£257,332 £2,555 12
2021£247,196 £2,371 41
2020£240,690 £2,254 34
2019£243,340 £2,100 32
2018£232,016 £2,118 27
2017£213,357 £1,768 7
2016£200,850 £2,103 10
2015£216,250 £3,111 2
2014£203,850 £2,292 4
2013£147,317 £1,621 11
2012£185,000 £1,900 4
2011£198,000 £2,093 2
2010£188,317 £1,721 6
2009£191,333 £1,369 3
2008£214,975 £2,519 2
2007£160,542 £1,594 6
2006£168,563 £1,779 15
2005£212,250 £2,236 8
2004£109,800 £1,509 5
2003£149,106 £1,840 9
2002£124,625 £996 4
2001£90,161 £920 9
2000£82,488 £888 8
1999£73,793 £801 7
1998£57,900 £812 5
1997£67,900 £744 11
1996£59,395 £588 10
1995£57,500 £522 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,0001
2023£76,250 £1,760 2
2022£57,071 £1,856 7
2021£59,500 £2,053 2
2020£58,250 £1,932 2
2019£35,875 £1,528 2
2018£75,833 £1,585 6
2017£46,000 £1,638 2
2016£66,625 £1,423 6
2015£47,500 £1,545 2
2014£43,500 £1,429 3
2013£55,000 £2,230 2
2011£60,000 £2,500 1
2010£57,317 £1,808 3
2009£69,755 £1,510 3
2008£174,0003
2007£93,607 £2,018 14
2006£65,996 £1,956 12
2005£74,645 £2,091 10
2004£57,000 £1,807 4
2003£41,878 £1,088 18
2002£25,796 £936 12
2001£26,036 £925 11
2000£29,167 £649 3
1999£25,364 £656 11
1998£22,533 £566 6
1997£19,806 £697 4
1996£49,975 £722 2
1995£28,179 £611 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,0001
2023£197,500 £1,458 2
2022£138,7504
2021£77,775 £1,066 6
2020£2,788,043 £57,325 3
2019£488,057 £241 3
2018£177,9702
2017£183,500 £1,775 5
2016£10,2501

House Type in NE40 4PA area

The most common house types in the NE40 4PA postcode area are Terraced (59), Semi-detached (54), and Detached (15).

Total133
Terraced59
Semi-detached54
Detached15
converted building3
Flat2
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright63
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency17
Social rented: Rents from council or Local Authority2
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE40 4PA have 2 people in household (64), and 1 person in household (36).

2 people in household64
1 person in household36
3 people in household20
4 people in household11
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0