Housing Market Analysis for NE40 4SU

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £90,000 median price is £90,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £90,000 with Total Sold: 1
    • The most recent sale happened at this postcode is HILLCREST HOUSE: £90,000 (Sold on 15 Aug 2022)
    • The first recorded sale happened at this postcode is HILLCREST HOUSE: £90,000 (Sold on 15 Aug 2022)
  • Detached
    • The average price is around £110,500 median price is £122,000 Standard Deviation is £51,070 with Total Sold: 3
    • The Last 5 Year average price is £122,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MILLFIELD HOUSE: £122,000 (Sold on 29 Apr 2019)
    • The first recorded sale happened at this postcode is MILLFIELD HOUSE: £43,000 (Sold on 29 Jun 2001)
  • Terraced
    • The average price is around £83,500 median price is £83,500 Standard Deviation is £41,500 with Total Sold: 2
    • The most recent sale happened at this postcode is BANK HOUSE: £125,000 (Sold on 04 Aug 2011)
    • The first recorded sale happened at this postcode is 2, MILLFIELD: £42,000 (Sold on 09 Nov 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4SU 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
2022£90,000 £692 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£122,000 £1,177 1
2007£166,500 £1,606 1
2001£43,000 £415 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£125,000 £1,075 1
2001£42,000 £405 1

All the Sales in the NE40 4SU

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

AddressSold DatePrice% Change
HILLCREST HOUSESemi-Detached, FreeholdArea: 130 Sq.mtrAge: 1900-192915 Aug 2022£90,000First Sale
MILLFIELD HOUSEDetached, FreeholdArea: 103.66 Sq.mtrAge: before 190029 Apr 2019£122,000-26.73%
09 Feb 2007£166,500287.21%
29 Jun 2001£43,000First Sale
BANK HOUSETerraced, FreeholdArea: 116.23 Sq.mtrAge: 1900-192904 Aug 2011£125,000First Sale
2, MILLFIELDTerraced, FreeholdArea: 103.66 Sq.mtrAge: before 190009 Nov 2001£42,000First Sale

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

NE40 4SU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £90,263 median price is £86,000 Standard Deviation is £52,351 with Total Sold: 518
    • The Last 5 Year average price is £127,998 with Total Sold: 92
    • The most recent sale happened at this postcode is , 3 ROCKWOOD HILL ROAD: £167,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 SILVERTOP GARDENS: £39,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £111,080 median price is £100,500 Standard Deviation is £66,002 with Total Sold: 106
    • The Last 5 Year average price is £147,162 with Total Sold: 17
    • 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)
  • Detached
    • The average price is around £187,316 median price is £171,000 Standard Deviation is £82,337 with Total Sold: 145
    • The Last 5 Year average price is £250,690 with Total Sold: 21
    • The most recent sale happened at this postcode is , LYNHOLME LEAD ROAD: £360,000 (Sold on 19 Feb 2024)
    • The first recorded sale happened at this postcode is , SWANG WELL LEAD ROAD: £67,000 (Sold on 02 May 1995)
  • Other
    • The average price is around £184,967 median price is £177,500 Standard Deviation is £103,509 with Total Sold: 6
    • The Last 5 Year average price is £184,967 with Total Sold: 6
    • The most recent sale happened at this postcode is , 10 SPEN LANE: £190,000 (Sold on 29 Aug 2023)
    • The first recorded sale happened at this postcode is , PACK HORSE INN LEAD ROAD: £165,000 (Sold on 08 Apr 2019)
  • Flat
    • The average price is around £90,590 median price is £97,250 Standard Deviation is £26,803 with Total Sold: 22
    • The Last 5 Year average price is £88,758 with Total Sold: 6
    • The most recent sale happened at this postcode is , 11 MILLENNIUM COURT: £110,300 (Sold on 20 May 2022)
    • The first recorded sale happened at this postcode is , 10 HEATHFIELD FARM: £41,000 (Sold on 01 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£157,929 £1,778 7
2023£113,571 £1,506 14
2022£127,083 £1,534 24
2021£127,848 £1,622 25
2020£165,750 £1,905 8
2019£107,721 £1,459 14
2018£117,629 £1,467 19
2017£99,538 £1,278 12
2016£94,813 £1,286 19
2015£121,753 £1,281 16
2014£81,453 £1,053 17
2013£101,737 £1,320 15
2012£118,321 £1,213 14
2011£98,227 £1,344 11
2010£102,500 £1,270 13
2009£118,745 £1,197 11
2008£113,313 £1,449 11
2007£131,686 £1,534 26
2006£132,582 £1,715 18
2005£96,840 £1,295 19
2004£106,605 £1,288 20
2003£73,162 £1,007 24
2002£58,031 £703 26
2001£49,198 £733 21
2000£35,898 £459 21
1999£39,562 £490 26
1998£34,184 £486 20
1997£36,009 £449 15
1996£41,039 £423 18
1995£31,667 £382 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£86,5001
2023£168,250 £1,895 4
2022£107,000 £1,306 3
2021£185,042 £2,036 6
2020£110,000 £1,774 1
2019£100,500 £1,623 2
2018£138,500 £1,042 2
2017£147,000 £1,497 5
2016£119,650 £1,457 3
2015£157,700 £1,681 2
2014£139,375 £1,469 4
2013£125,167 £1,085 6
2012£157,000 £1,389 1
2011£80,869 £1,132 8
2010£124,950 £1,492 1
2009£82,500 £1,039 2
2008£93,110 £768 3
2007£169,624 £1,776 8
2006£108,590 £1,271 5
2005£125,000 £1,404 1
2004£143,000 £1,376 5
2003£78,500 £1,089 3
2002£88,429 £908 7
2001£48,967 £386 3
2000£44,444 £729 1
1999£25,250 £375 2
1998£65,290 £454 5
1997£33,975 £403 2
1996£64,890 £539 5
1995£69,900 £525 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£360,0001
2023£275,667 £2,022 3
2022£241,333 £2,108 3
2021£358,333 £2,086 3
2020£215,500 £2,056 5
2019£200,167 £1,674 6
2018£310,167 £1,923 3
2017£263,750 £2,050 2
2016£265,000 £1,514 1
2015£271,667 £1,960 3
2014£240,000 £1,397 4
2013£224,975 £1,826 4
2011£298,000 £1,373 3
2010£275,000 £1,634 1
2009£235,817 £2,009 3
2008£235,000 £1,947 4
2007£232,195 £1,670 10
2006£207,458 £1,954 6
2005£182,000 £1,200 4
2004£236,557 £1,476 7
2003£172,119 £1,610 8
2002£118,541 £1,014 11
2001£128,389 £947 32
2000£96,000 £980 1
1999£99,000 £800 3
1998£110,667 £639 3
1997£136,400 £820 5
1996£88,500 £405 2
1995£89,500 £544 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,500 £1,740 2
2022£171,900 £37 2
2021£150,0001
2019£165,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£107,767 £1,743 3
2021£45,000 £779 1
2019£82,125 £1,425 2
2015£69,9501
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£104,995 £1,673 2
2005£100,0001
2001£48,5001
1997£33,499 £580 1
1995£41,0001

House Type in NE40 4SU area

The most common house types in the NE40 4SU postcode area are Terraced (77), Detached (34), and Semi-detached (34).

Total159
Terraced77
Detached34
Semi-detached34
Flat9
Shared house2
converted building2
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (58), and Owned: Owns outright (52).

Owned: Owns with a mortgage or loan58
Owned: Owns outright52
Private rented: Private landlord or letting agency18
Social rented: Rents from council or Local Authority16
Social rented: Other social rented12
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE40 4SU have 2 people in household (64), and 1 person in household (47).

2 people in household64
1 person in household47
3 people in household23
4 people in household18
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0