Housing Market Analysis for GREENWELL TERRACE, NE40 4PD

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

Overview of Sold House prices

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

Terraced
- The average price is around £78,689 median price is £70,000 Standard Deviation is £32,811 with Total Sold: 23
- The Last 5 Year average price is £106,000 with Total Sold: 5
- The most recent sale happened at this postcode is 12 GREENWELL TERRACE: £70,000 (Sold on 16 Mar 2023)
- The first recorded sale happened at this postcode is 15 GREENWELL TERRACE: £45,000 (Sold on 07 Apr 1995)
Semi-Detached
- The average price is around £38,750 median price is £38,750 Standard Deviation is £250 with Total Sold: 2
- The most recent sale happened at this postcode is 8 GREENWELL TERRACE: £38,500 (Sold on 13 Mar 1998)
- The first recorded sale happened at this postcode is 8 GREENWELL TERRACE: £39,000 (Sold on 20 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4PD 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£70,000	£737	1
2022	£130,000	£1,757	1
2021	£90,000	£1,364	1
2020	£111,000	£1,325	1
2019	£129,000	£1,330	1
2018	£95,000	£1,011	1
2014	£90,000	£1,324	1
2013	£164,000	£1,505	1
2006	£111,000	£1,632	1
2003	£90,000	£1,166	2
2002	£60,238	£751	4
2001	£60,550	£712	3
2000	£47,500		1
1999	£35,250	£534	1
1996	£44,750	£441	2
1995	£45,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1998	£38,500	£423	1
1997	£39,000	£429	1

All the Sales in the GREENWELL TERRACE, NE40 4PD

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

Address	Sold Date	Price	% Change
12 GREENWELL TERRACETerraced, FreeholdArea: 95 Sq.mtrAge: 1900-1929	16 Mar 2023	£70,000	First Sale
6 GREENWELL TERRACETerraced, FreeholdArea: 74 Sq.mtrAge: before 1900	13 Apr 2022	£130,000	160.26%
	28 Jun 2002	£49,950	First Sale
1 GREENWELL TERRACETerraced, FreeholdArea: 66 Sq.mtrAge: before 1900	14 May 2021	£90,000	57.48%
	17 Sep 2001	£57,150	62.13%
	07 Jun 1999	£35,250	First Sale
10 GREENWELL TERRACETerraced, FreeholdArea: 83.75 Sq.mtrAge: before 1900	26 Aug 2020	£111,000	16.84%
	31 Oct 2003	£95,000	48.44%
	01 May 2002	£64,000	37.63%
	28 Nov 2001	£46,500	First Sale
16 GREENWELL TERRACETerraced, FreeholdArea: 97 Sq.mtrAge: 1900-1929	29 Mar 2019	£129,000	First Sale
7 GREENWELL TERRACETerraced, FreeholdArea: 94 Sq.mtrAge: before 1900	02 Mar 2018	£95,000	46.15%
	25 Oct 2002	£65,000	56.63%
	17 May 1996	£41,500	First Sale
2 GREENWELL TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: before 1900	20 Mar 2014	£90,000	-18.92%
	14 Oct 2006	£111,000	First Sale
17 GREENWELL TERRACETerraced, FreeholdArea: 109 Sq.mtrAge: 1900-1929	13 Nov 2013	£164,000	110.26%
	31 Aug 2001	£78,000	First Sale
3 GREENWELL TERRACETerraced, FreeholdArea: 71 Sq.mtrAge: before 1900	31 Oct 2003	£85,000	37.10%
	10 Jun 2002	£62,000	First Sale
11 GREENWELL TERRACETerraced, Freehold	18 Aug 2000	£47,500	First Sale
8 GREENWELL TERRACESemi-Detached, FreeholdArea: 91 Sq.mtrAge: before 1900	13 Mar 1998	£38,500	-1.28%
	20 Mar 1997	£39,000	First Sale
15 GREENWELL TERRACETerraced, Freehold	24 May 1996	£48,000	6.67%
15 GREENWELL TERRACETerraced, Freehold	07 Apr 1995	£45,000	First Sale

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

GREENWELL TERRACE, NE40 4PD Near By properties

Interactive Map

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

Terraced
- The average price is around £86,448 median price is £84,975 Standard Deviation is £44,678 with Total Sold: 1,218
- The Last 5 Year average price is £118,622 with Total Sold: 223
- 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 £112,480 median price is £110,000 Standard Deviation is £53,509 with Total Sold: 542
- The Last 5 Year average price is £149,954 with Total Sold: 149
- 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 £201,312 median price is £219,995 Standard Deviation is £77,143 with Total Sold: 271
- The Last 5 Year average price is £250,459 with Total Sold: 125
- 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 £52,065 median price is £43,000 Standard Deviation is £37,009 with Total Sold: 153
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£133,565	£2,304	15
2023	£128,980	£1,646	32
2022	£123,156	£1,609	42
2021	£117,460	£1,490	50
2020	£108,706	£1,401	47
2019	£112,623	£1,465	37
2018	£110,478	£1,493	44
2017	£104,927	£1,370	30
2016	£111,720	£1,552	28
2015	£111,554	£1,370	27
2014	£103,686	£1,324	29
2013	£121,254	£1,513	60
2012	£94,416	£1,330	12
2011	£99,458	£1,464	12
2010	£105,284	£1,430	32
2009	£103,118	£1,280	17
2008	£122,426	£1,640	21
2007	£112,991	£1,604	48
2006	£118,950	£1,604	52
2005	£108,055	£1,525	51
2004	£101,984	£1,302	32
2003	£79,171	£1,076	64
2002	£59,301	£780	79
2001	£47,084	£640	72
2000	£42,652	£570	47
1999	£36,954	£523	51
1998	£39,513	£519	50
1997	£38,437	£506	56
1996	£33,616	£492	47
1995	£37,285	£511	34

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,354	£1,830	12
2023	£176,107	£2,114	14
2022	£149,000	£1,933	12
2021	£149,372	£1,878	38
2020	£155,113	£1,927	24
2019	£144,216	£1,846	49
2018	£156,024	£1,914	35
2017	£120,669	£1,530	27
2016	£131,000	£1,356	7
2015	£134,496	£1,540	14
2014	£113,117	£1,564	15
2013	£138,590	£1,567	21
2012	£104,917	£1,547	6
2011	£104,000	£1,664	6
2010	£130,670	£1,497	10
2009	£107,550	£1,547	9
2008	£110,086	£1,395	11
2007	£133,495	£1,631	22
2006	£123,342	£1,566	20
2005	£120,470	£1,819	14
2004	£118,992	£1,772	13
2003	£88,730	£1,154	23
2002	£63,752	£846	24
2001	£50,367	£712	27
2000	£51,531	£621	13
1999	£49,193	£603	17
1998	£45,568	£572	11
1997	£43,737	£629	19
1996	£43,063	£542	15
1995	£50,246	£543	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£266,500		2
2023	£276,667	£2,852	9
2022	£261,408	£2,492	11
2021	£248,899	£2,302	39
2020	£247,343	£2,256	32
2019	£243,340	£2,100	32
2018	£236,477	£2,110	25
2017	£213,357	£1,768	7
2016	£205,312	£2,161	8
2015	£216,250	£3,111	2
2014	£225,200	£1,823	2
2013	£137,436	£1,655	8
2012	£188,333	£1,564	3
2011	£198,000	£2,093	2
2010	£188,317	£1,721	6
2009	£191,333	£1,369	3
2008	£249,950	£2,873	1
2007	£160,542	£1,594	6
2006	£173,950	£1,632	11
2005	£217,857	£2,236	7
2004	£143,250	£1,036	2
2003	£154,619	£1,783	8
2002	£130,167	£1,106	3
2001	£87,357	£884	7
2000	£80,833	£811	6
1999	£76,900	£786	5
1998	£57,900	£812	5
1997	£69,156	£706	9
1996	£59,661	£586	9
1995	£57,500	£522	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,000		1
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	£67,950	£1,378	5
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	£49,975	£1,725	2
2009	£69,755	£1,510	3
2008	£174,000		3
2007	£93,607	£2,018	14
2006	£65,450	£1,954	11
2005	£64,306	£2,091	8
2004	£57,000	£1,807	4
2003	£41,425	£1,047	16
2002	£25,796	£936	12
2001	£26,036	£925	11
2000	£29,167	£649	3
1999	£25,050	£638	10
1998	£22,533	£566	6
1997	£19,806	£697	4
1996	£49,975	£722	2
1995	£28,179	£611	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,000		1
2023	£197,500	£1,458	2
2022	£138,750		4
2021	£77,775	£1,066	6
2020	£2,788,043	£57,325	3
2019	£488,057	£241	3
2018	£177,970		2
2017	£183,500	£1,775	5
2016	£10,250		1

House Type in NE40 4PD area

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

Total	133
Terraced	59
Semi-detached	54
Detached	15
converted building	3
Flat	2
Shared house	0
commercial building	0
temporary structure	0

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 outright	63
Owned: Owns with a mortgage or loan	47
Private rented: Private landlord or letting agency	17
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

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

2 people in household	64
1 person in household	36
3 people in household	20
4 people in household	11
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0