Housing Market Analysis for THE FOLLY, NE40 4RU

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £190,000 median price is £190,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £190,000 with Total Sold: 1
    • The most recent sale happened at this postcode is PROSPECT COTTAGE THE FOLLY: £190,000 (Sold on 23 Apr 2021)
    • The first recorded sale happened at this postcode is PROSPECT COTTAGE THE FOLLY: £190,000 (Sold on 23 Apr 2021)
  • Detached
    • The average price is around £201,000 median price is £201,000 Standard Deviation is £14,000 with Total Sold: 2
    • The most recent sale happened at this postcode is PROSPECT HOUSE THE FOLLY: £215,000 (Sold on 08 Oct 2004)
    • The first recorded sale happened at this postcode is HIGH FOLLY HOUSE THE FOLLY: £187,000 (Sold on 07 Feb 2003)
  • Flat
    • The average price is around £146,500 median price is £146,500 Standard Deviation is £53,500 with Total Sold: 2
    • The Last 5 Year average price is £200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FERNDENE THE FOLLY: £93,000 (Sold on 09 Aug 1996)
    • The first recorded sale happened at this postcode is FERNDENE THE FOLLY: £200,000 (Sold on 11 Jan 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4RU 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£190,000 £3,393 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£215,000 £2,012 1
2003£187,000 £1,256 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
1996£93,000 £1,081 1
2024£200,000 £2,326 1

All the Sales in the THE FOLLY, NE40 4RU

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

AddressSold DatePrice% Change
PROSPECT COTTAGE THE FOLLYSemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1900-192923 Apr 2021£190,000First Sale
PROSPECT HOUSE THE FOLLYDetached, FreeholdArea: 106.86 Sq.mtrAge: 1900-192908 Oct 2004£215,000First Sale
HIGH FOLLY HOUSE THE FOLLYDetached, FreeholdArea: 148.85 Sq.mtrAge: 1900-192907 Feb 2003£187,000First Sale
FERNDENE THE FOLLYFlat, FreeholdArea: 86 Sq.mtrAge: 1983-199009 Aug 1996£93,000-53.50%
11 Jan 2024£200,000First Sale

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

THE FOLLY, NE40 4RU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £89,170 median price is £86,000 Standard Deviation is £49,246 with Total Sold: 165
    • The Last 5 Year average price is £139,415 with Total Sold: 30
    • 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 £76,071 median price is £84,500 Standard Deviation is £37,001 with Total Sold: 256
    • The Last 5 Year average price is £105,238 with Total Sold: 42
    • The most recent sale happened at this postcode is , 16 DODSWORTH TERRACE: £100,000 (Sold on 02 Feb 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 £180,243 median price is £166,500 Standard Deviation is £96,364 with Total Sold: 86
    • The Last 5 Year average price is £271,781 with Total Sold: 16
    • 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£154,833 £1,796 6
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£80,667 £1,331 3
2016£119,488 £1,390 4
2015£106,338 £1,382 4
2014£96,700 £1,395 5
2013£79,000 £1,034 4
2012£79,000 £1,553 2
2011£72,417 £1,178 6
2010£180,0001
2009£102,500 £1,579 2
2008£117,333 £1,573 3
2007£121,778 £1,709 9
2006£100,707 £1,454 7
2005£102,500 £2,076 6
2004£110,286 £1,473 7
2003£81,728 £1,239 9
2002£69,788 £946 12
2001£52,500 £840 6
2000£43,994 £698 10
1999£31,106 £438 9
1998£42,750 £186 4
1997£32,738 £474 4
1996£39,290 £465 5
1995£40,125 £674 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,0001
2023£106,025 £1,400 2
2022£123,662 £1,464 13
2021£109,439 £1,538 9
2020£82,500 £1,101 2
2019£90,027 £1,240 15
2018£94,100 £1,282 5
2017£100,550 £1,328 10
2016£96,242 £1,412 6
2015£101,167 £1,187 3
2014£89,729 £1,250 12
2013£67,640 £978 3
2012£96,000 £1,285 3
2011£87,250 £1,425 2
2010£86,750 £1,025 6
2009£88,962 £1,244 8
2008£118,362 £1,124 4
2007£123,368 £1,400 13
2006£101,788 £1,436 12
2005£89,269 £1,294 13
2004£95,683 £1,241 6
2003£74,134 £964 17
2002£50,171 £593 14
2001£42,857 £541 14
2000£33,000 £430 13
1999£35,225 £489 10
1998£33,688 £459 13
1997£37,679 £519 7
1996£28,250 £362 7
1995£34,327 £418 13
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£194,500 £2,597 2
2022£390,500 £2,455 2
2021£366,667 £2,397 3
2020£228,167 £1,995 3
2019£232,333 £2,109 6
2018£405,000 £1,910 1
2017£352,000 £2,005 1
2016£205,000 £2,565 1
2015£260,000 £1,902 4
2014£218,800 £1,360 5
2013£190,000 £2,262 1
2011£189,250 £1,397 2
2010£395,000 £950 1
2009£247,500 £2,263 1
2008£228,000 £1,869 1
2007£180,000 £1,275 2
2006£203,000 £1,936 3
2005£168,333 £683 3
2004£175,325 £1,657 6
2003£179,250 £1,670 4
2002£121,091 £1,031 11
2001£96,317 £860 3
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 4RU area

The most common house types in the NE40 4RU postcode area are Terraced (71), Semi-detached (56), and Detached (39).

Total167
Terraced71
Semi-detached56
Detached39
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (92), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright92
Owned: Owns with a mortgage or loan51
Private rented: Private landlord or letting agency16
Private rented: Other private rented6
Social rented: Rents from council or Local Authority2
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 4RU have 2 people in household (69), and 1 person in household (60).

2 people in household69
1 person in household60
3 people in household22
4 people in household11
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0