Housing Market Analysis for NE40 4PY

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE40 4PY Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £87,019 median price is £86,000 Standard Deviation is £43,924 with Total Sold: 1,344
      • The Last 5 Year average price is £118,988 with Total Sold: 246
      • 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 £108,816 median price is £107,500 Standard Deviation is £54,154 with Total Sold: 695
      • The Last 5 Year average price is £151,233 with Total Sold: 164
      • 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 , 5 BUTTERFIELD CLOSE: £49,000 (Sold on 13 Jan 1995)
    • Detached
      • The average price is around £189,855 median price is £201,998 Standard Deviation is £75,147 with Total Sold: 344
      • The Last 5 Year average price is £244,723 with Total Sold: 136
      • 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 £52,118 median price is £43,500 Standard Deviation is £35,207 with Total Sold: 187
      • 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 £418,458 median price is £118,500 Standard Deviation is £1,418,776 with Total Sold: 32
      • The Last 5 Year average price is £541,225 with Total Sold: 22
      • 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£135,842 £2,304 16
    2023£124,768 £1,620 33
    2022£124,190 £1,634 50
    2021£116,806 £1,492 54
    2020£109,958 £1,441 52
    2019£115,745 £1,528 41
    2018£110,534 £1,495 45
    2017£109,350 £1,409 35
    2016£107,595 £1,540 28
    2015£108,873 £1,370 32
    2014£104,905 £1,412 33
    2013£119,461 £1,529 65
    2012£92,222 £1,358 18
    2011£102,526 £1,508 19
    2010£110,568 £1,549 38
    2009£104,556 £1,288 18
    2008£122,452 £1,622 22
    2007£116,562 £1,680 60
    2006£117,463 £1,622 55
    2005£106,382 £1,553 53
    2004£103,045 £1,412 38
    2003£79,333 £1,078 66
    2002£58,542 £818 83
    2001£48,436 £659 78
    2000£42,400 £580 53
    1999£38,301 £540 57
    1998£38,266 £520 54
    1997£38,080 £500 57
    1996£34,517 £505 54
    1995£36,762 £518 37
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£138,483 £2,130 15
    2023£168,036 £2,235 14
    2022£162,533 £2,188 15
    2021£151,589 £1,939 41
    2020£156,619 £1,916 27
    2019£144,050 £1,893 52
    2018£155,233 £1,945 38
    2017£123,679 £1,652 31
    2016£126,167 £1,598 9
    2015£128,193 £1,596 15
    2014£117,039 £1,641 19
    2013£137,876 £1,606 21
    2012£105,636 £1,530 7
    2011£128,273 £1,892 11
    2010£135,554 £1,625 13
    2009£121,996 £1,754 14
    2008£115,419 £1,637 13
    2007£139,978 £1,787 27
    2006£127,479 £1,681 31
    2005£120,721 £1,896 16
    2004£119,059 £1,853 16
    2003£90,689 £1,351 33
    2002£69,123 £988 37
    2001£51,464 £736 37
    2000£48,564 £725 21
    1999£49,895 £618 23
    1998£48,712 £688 20
    1997£45,767 £684 33
    1996£41,778 £571 23
    1995£50,350 £634 23
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£231,0003
    2023£261,036 £2,850 14
    2022£251,181 £2,514 11
    2021£244,287 £2,360 42
    2020£243,787 £2,268 33
    2019£238,390 £2,125 33
    2018£225,240 £2,166 31
    2017£205,667 £1,914 9
    2016£198,850 £2,105 10
    2015£192,125 £2,633 4
    2014£196,914 £2,032 7
    2013£149,249 £1,608 16
    2012£163,571 £1,690 7
    2011£196,000 £2,193 4
    2010£175,980 £1,834 5
    2009£179,500 £1,390 2
    2008£214,975 £2,519 2
    2007£160,542 £1,594 6
    2006£173,650 £1,688 13
    2005£206,667 £2,152 9
    2004£159,688 £1,999 8
    2003£144,454 £1,614 12
    2002£125,500 £1,008 7
    2001£83,645 £866 10
    2000£89,880 £909 5
    1999£65,444 £628 8
    1998£68,875 £830 8
    1997£75,909 £807 11
    1996£59,000 £614 10
    1995£79,375 £622 4
    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£65,679 £1,479 7
    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£68,691 £1,524 4
    2008£174,0003
    2007£92,633 £2,018 15
    2006£67,127 £1,971 15
    2005£74,035 £2,042 13
    2004£63,600 £1,689 5
    2003£42,540 £1,107 20
    2002£26,753 £929 15
    2001£26,612 £937 12
    2000£27,357 £666 7
    1999£25,615 £652 13
    1998£23,593 £566 7
    1997£19,806 £697 4
    1996£49,975 £722 2
    1995£28,675 £667 10
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£112,0001
    2023£197,500 £1,458 2
    2022£138,7504
    2021£112,961 £990 9
    2020£2,788,043 £57,325 3
    2019£488,057 £241 3
    2018£138,985 £1,274 4
    2017£183,500 £1,775 5
    2016£10,2501

    House Type in NE40 4PY area

    The most common house types in the NE40 4PY postcode area are Semi-detached (126), Detached (23), and Terraced (1).

    Total150
    Semi-detached126
    Detached23
    Terraced1
    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 (75), and Social rented: Rents from council or Local Authority (40).

    Owned: Owns with a mortgage or loan75
    Social rented: Rents from council or Local Authority40
    Owned: Owns outright24
    Private rented: Private landlord or letting agency9
    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 4PY have 2 people in household (61), and 3 people in household (33).

    2 people in household61
    3 people in household33
    4 people in household25
    1 person in household22
    5 people in household7
    6 people in household2
    7 people in household1
    0 people in household0
    8 or more people in household0