Housing Market Analysis for NE40 4RE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE40 4RE Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £94,484 median price is £88,750 Standard Deviation is £55,884 with Total Sold: 202
      • The Last 5 Year average price is £142,021 with Total Sold: 34
      • 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 , 6 HEATHFIELD FARM: £75,000 (Sold on 24 Mar 1995)
    • Terraced
      • The average price is around £93,365 median price is £90,000 Standard Deviation is £55,975 with Total Sold: 378
      • The Last 5 Year average price is £130,656 with Total Sold: 61
      • The most recent sale happened at this postcode is , 2 HEATHFIELD FARM: £442,000 (Sold on 25 Mar 2024)
      • The first recorded sale happened at this postcode is , 14 JASPER AVENUE: £32,000 (Sold on 10 Feb 1995)
    • Flat
      • The average price is around £104,906 median price is £100,000 Standard Deviation is £42,054 with Total Sold: 29
      • The Last 5 Year average price is £118,319 with Total Sold: 8
      • 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 , 10 HEATHFIELD FARM: £41,000 (Sold on 01 Sep 1995)
    • Detached
      • The average price is around £186,285 median price is £170,000 Standard Deviation is £85,990 with Total Sold: 151
      • The Last 5 Year average price is £246,225 with Total Sold: 20
      • 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 , PARK VIEW LEAD ROAD: £121,000 (Sold on 19 May 1995)
    • Other
      • The average price is around £140,813 median price is £157,500 Standard Deviation is £115,656 with Total Sold: 6
      • The Last 5 Year average price is £164,700 with Total Sold: 4
      • The most recent sale happened at this postcode is , DUNELM SPEN ROAD: £3,800 (Sold on 27 Jul 2022)
      • 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£140,750 £1,595 8
    2021£164,017 £2,192 12
    2020£120,000 £1,800 3
    2019£95,333 £1,518 3
    2018£128,200 £1,352 5
    2017£132,500 £1,420 6
    2016£119,488 £1,390 4
    2015£106,338 £1,382 4
    2014£108,000 £1,406 7
    2013£111,286 £1,040 7
    2012£120,000 £1,333 2
    2011£79,994 £1,151 9
    2010£152,475 £1,492 2
    2009£95,000 £1,309 3
    2008£104,466 £1,171 5
    2007£131,166 £1,736 12
    2006£103,112 £1,370 8
    2005£102,500 £2,076 6
    2004£114,222 £1,349 9
    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£54,825 £454 6
    1997£32,738 £474 4
    1996£55,988 £521 8
    1995£50,150 £571 10
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£271,000 £2,483 2
    2023£116,631 £1,567 8
    2022£129,969 £1,444 16
    2021£127,831 £1,578 18
    2020£153,857 £1,653 7
    2019£103,750 £1,342 10
    2018£120,056 £1,480 18
    2017£102,250 £1,303 12
    2016£96,746 £1,292 12
    2015£131,158 £1,294 13
    2014£84,583 £1,103 9
    2013£102,895 £1,345 10
    2012£142,143 £1,248 7
    2011£104,929 £1,483 7
    2010£101,958 £1,206 12
    2009£114,476 £1,248 13
    2008£124,991 £1,560 6
    2007£131,422 £1,525 22
    2006£136,339 £1,732 16
    2005£94,727 £1,421 11
    2004£116,090 £1,358 15
    2003£73,225 £1,030 19
    2002£57,126 £639 19
    2001£50,669 £758 16
    2000£32,385 £387 13
    1999£38,623 £474 15
    1998£33,154 £517 14
    1997£39,513 £456 11
    1996£41,683 £425 15
    1995£34,907 £396 12
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£200,000 £2,326 1
    2022£107,767 £1,743 3
    2021£129,500 £1,075 2
    2019£82,125 £1,425 2
    2018£130,0001
    2014£97,333 £1,372 3
    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
    2006£133,185 £1,673 4
    2005£100,0001
    2001£69,0002
    2000£70,000 £449 1
    1997£33,499 £580 1
    1996£93,000 £1,081 1
    1995£41,0001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£222,750 £2,385 4
    2022£290,000 £2,239 2
    2021£353,750 £2,378 4
    2020£209,375 £1,993 4
    2019£200,167 £1,674 6
    2018£310,167 £1,923 3
    2017£293,167 £2,035 3
    2016£205,000 £2,565 1
    2015£270,000 £1,909 5
    2014£210,800 £1,406 5
    2013£246,650 £1,650 3
    2011£298,000 £1,373 3
    2010£335,000 £1,292 2
    2009£235,817 £2,009 3
    2008£280,500 £1,719 2
    2007£224,695 £1,641 10
    2006£205,535 £1,954 7
    2005£200,000 £759 3
    2004£221,211 £1,583 9
    2003£182,825 £1,489 6
    2002£121,091 £1,031 11
    2001£126,894 £924 34
    2000£96,000 £980 1
    1999£102,900 £800 5
    1998£104,667 £630 3
    1997£135,350 £928 5
    1996£88,667 £434 3
    1995£81,500 £417 4
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£171,900 £37 2
    2021£150,0001
    2019£165,0001
    2016£2,000 £17 1
    2014£184,080 £1,737 1

    House Type in NE40 4RE area

    The most common house types in the NE40 4RE postcode area are Semi-detached (118), Detached (25), and Terraced (15).

    Total158
    Semi-detached118
    Detached25
    Terraced15
    Flat0
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (61), and Owned: Owns with a mortgage or loan (46).

    Social rented: Rents from council or Local Authority61
    Owned: Owns with a mortgage or loan46
    Owned: Owns outright36
    Private rented: Private landlord or letting agency10
    Social rented: Other social rented2
    Private rented: Other private rented2
    Lives rent free1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the NE40 4RE have 2 people in household (50), and 1 person in household (42).

    2 people in household50
    1 person in household42
    4 people in household30
    3 people in household29
    5 people in household4
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0