Housing Market Analysis for GREENACRES CLOSE, NE40 4TD

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £101,431 median price is £111,975 Standard Deviation is £35,074 with Total Sold: 8
- The Last 5 Year average price is £144,000 with Total Sold: 1
- The most recent sale happened at this postcode is 15 GREENACRES CLOSE: £110,000 (Sold on 12 Nov 2018)
- The first recorded sale happened at this postcode is 10 GREENACRES CLOSE: £144,000 (Sold on 08 Dec 2023)
Flat
- The average price is around £45,384 median price is £32,950 Standard Deviation is £20,001 with Total Sold: 25
- The most recent sale happened at this postcode is 3 GREENACRES CLOSE: £60,000 (Sold on 26 Aug 2016)
- The first recorded sale happened at this postcode is 2 GREENACRES CLOSE: £30,000 (Sold on 30 Jun 1995)
Terraced
- The average price is around £66,650 median price is £75,000 Standard Deviation is £27,205 with Total Sold: 3
- The most recent sale happened at this postcode is 14 GREENACRES CLOSE: £75,000 (Sold on 24 Feb 2012)
- The first recorded sale happened at this postcode is 13 GREENACRES CLOSE: £29,950 (Sold on 12 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4TD 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£110,000	£2,292	1
2017	£105,000	£2,188	1
2008	£125,000	£2,604	1
2007	£125,000	£2,604	1
2004	£113,950	£2,374	1
2001	£52,500	£1,094	1
1998	£36,000		1
2023	£144,000	£3,000	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£60,000	£1,818	1
2009	£65,500	£1,551	1
2007	£79,000		1
2006	£71,650	£2,045	3
2005	£72,000	£1,895	3
2003	£48,500	£1,222	2
2002	£30,583	£865	3
2001	£32,950	£998	1
2000	£26,000	£675	4
1999	£27,000	£619	2
1998	£29,950		1
1995	£29,833	£808	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2012	£75,000	£1,537	1
2004	£95,000	£1,947	1
1998	£29,950		1

All the Sales in the GREENACRES CLOSE, NE40 4TD

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

Address	Sold Date	Price	% Change
15 GREENACRES CLOSESemi-Detached, FreeholdArea: 48 Sq.mtrAge: 1983-1990	12 Nov 2018	£110,000	-12.00%
	19 May 2008	£125,000	0.0
	26 Jul 2007	£125,000	9.70%
	22 Nov 2004	£113,950	First Sale
10 GREENACRES CLOSESemi-Detached, FreeholdArea: 48 Sq.mtrAge: 1983-1990	25 Aug 2017	£105,000	100.00%
	31 Jan 2001	£52,500	-63.54%
	08 Dec 2023	£144,000	First Sale
3 GREENACRES CLOSEFlat, LeaseholdArea: 33 Sq.mtrAge: 1976-1982	26 Aug 2016	£60,000	27.66%
	31 Mar 2003	£47,000	42.64%
	09 Nov 2001	£32,950	First Sale
14 GREENACRES CLOSETerraced, LeaseholdArea: 48.8 Sq.mtrAge: 1983-1990	24 Feb 2012	£75,000	-21.05%
	16 Jul 2004	£95,000	First Sale
4 GREENACRES CLOSEFlat, LeaseholdArea: 42.24 Sq.mtrAge: 1983-1990	29 May 2009	£65,500	125.86%
	18 Dec 2000	£29,000	-6.45%
	28 Jul 1995	£31,000	First Sale
9 GREENACRES CLOSEFlat, Leasehold	05 Apr 2007	£79,000	12.86%
	18 Aug 2005	£70,000	133.33%
	24 May 2002	£30,000	7.14%
	25 Jan 2002	£28,000	7.69%
	26 Mar 1999	£26,000	First Sale
8 GREENACRES CLOSEFlat, Leasehold	23 Jun 2006	£68,000	127.05%
	23 Apr 1998	£29,950	5.09%
	25 Aug 1995	£28,500	First Sale
7 GREENACRES CLOSEFlat, LeaseholdArea: 38 Sq.mtrAge: 1967-1975	05 May 2006	£74,950	49.90%
	28 Nov 2003	£50,000	92.31%
	18 Jul 2000	£26,000	First Sale
2 GREENACRES CLOSEFlat, LeaseholdArea: 34 Sq.mtrAge: 1976-1982	03 Feb 2006	£72,000	2.13%
	15 Apr 2005	£70,500	182.00%
	11 Aug 2000	£25,000	-16.67%
	30 Jun 1995	£30,000	First Sale
5 GREENACRES CLOSEFlat, LeaseholdArea: 44 Sq.mtrAge: 1983-1990	05 Aug 2005	£75,500	169.64%
	29 Oct 1999	£28,000	First Sale
6 GREENACRES CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 1976-1982	30 Aug 2002	£33,750	40.62%
	11 Sep 2000	£24,000	First Sale
11 GREENACRES CLOSESemi-Detached, Leasehold	01 Oct 1998	£36,000	First Sale
13 GREENACRES CLOSETerraced, Leasehold	12 Jun 1998	£29,950	First Sale

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

GREENACRES CLOSE, NE40 4TD Near By properties

Interactive Map

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

Detached
- The average price is around £198,737 median price is £195,000 Standard Deviation is £94,992 with Total Sold: 410
- The Last 5 Year average price is £277,319 with Total Sold: 91
- The most recent sale happened at this postcode is , 7 GLEBE VIEW: £352,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , IVY COTTAGE BANK TOP: £57,500 (Sold on 10 Feb 1995)
Terraced
- The average price is around £85,634 median price is £87,400 Standard Deviation is £43,025 with Total Sold: 1,279
- The Last 5 Year average price is £116,671 with Total Sold: 176
- 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 £110,371 median price is £105,000 Standard Deviation is £58,194 with Total Sold: 501
- The Last 5 Year average price is £172,858 with Total Sold: 69
- The most recent sale happened at this postcode is , 3 MEADOWFIELD CRESCENT: £134,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 5 BUTTERFIELD CLOSE: £49,000 (Sold on 13 Jan 1995)
Flat
- The average price is around £49,781 median price is £42,500 Standard Deviation is £33,807 with Total Sold: 178
- The Last 5 Year average price is £60,577 with Total Sold: 13
- 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 £537,036 median price is £181,000 Standard Deviation is £1,554,679 with Total Sold: 34
- The Last 5 Year average price is £528,466 with Total Sold: 21
- 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£245,333	£3,544	6
2023	£294,250	£2,799	18
2022	£295,903	£2,902	13
2021	£277,383	£2,564	26
2020	£264,602	£2,313	28
2019	£281,424	£2,157	37
2018	£263,812	£2,210	33
2017	£238,344	£2,238	16
2016	£213,700	£2,127	10
2015	£217,889	£2,353	9
2014	£212,992	£2,167	12
2013	£168,455	£1,737	11
2012	£177,875	£1,768	8
2011	£190,400	£2,368	5
2010	£196,658	£2,186	6
2009	£249,000	£1,904	1
2008	£233,990	£2,565	5
2007	£218,466	£1,732	9
2006	£181,174	£1,755	17
2005	£205,000	£2,176	9
2004	£135,115	£1,869	10
2003	£144,675	£1,614	14
2002	£131,803	£1,196	18
2001	£89,880	£866	13
2000	£93,489	£956	9
1999	£73,921	£716	12
1998	£82,250	£845	21
1997	£80,115	£847	17
1996	£69,917	£663	12
1995	£73,600	£622	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£131,365	£2,304	15
2023	£117,807	£1,560	29
2022	£123,445	£1,640	40
2021	£112,386	£1,453	44
2020	£109,676	£1,423	48
2019	£114,593	£1,509	30
2018	£108,622	£1,493	37
2017	£110,437	£1,426	35
2016	£114,230	£1,528	37
2015	£108,513	£1,334	34
2014	£104,680	£1,416	30
2013	£111,607	£1,480	41
2012	£90,922	£1,270	24
2011	£114,477	£1,553	22
2010	£111,314	£1,557	37
2009	£105,115	£1,313	17
2008	£133,688	£1,709	21
2007	£115,017	£1,665	60
2006	£115,632	£1,546	64
2005	£106,777	£1,501	54
2004	£101,078	£1,392	41
2003	£78,240	£1,056	62
2002	£57,199	£790	83
2001	£46,649	£647	74
2000	£40,837	£548	63
1999	£37,224	£526	52
1998	£37,767	£517	56
1997	£39,388	£518	48
1996	£33,864	£485	48
1995	£37,038	£532	33

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£146,450	£2,440	10
2023	£169,591	£2,410	11
2022	£188,192	£2,406	13
2021	£161,147	£2,173	17
2020	£189,511	£2,079	18
2019	£165,144	£2,184	18
2018	£164,792	£1,943	19
2017	£127,494	£1,806	19
2016	£129,938	£1,793	8
2015	£127,350	£1,700	14
2014	£120,979	£1,881	17
2013	£143,022	£1,697	18
2012	£111,421	£1,751	7
2011	£155,496	£2,081	12
2010	£143,300	£1,873	7
2009	£115,100	£1,719	10
2008	£118,612	£1,578	13
2007	£163,372	£1,898	20
2006	£130,296	£1,732	25
2005	£117,878	£1,970	12
2004	£122,788	£1,923	12
2003	£95,100	£1,443	24
2002	£70,611	£1,032	27
2001	£51,748	£788	22
2000	£52,495	£804	22
1999	£49,145	£613	19
1998	£52,362	£744	20
1997	£47,082	£750	28
1996	£42,970	£583	20
1995	£52,292	£623	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,000		1
2023	£76,250	£1,760	2
2022	£47,917	£1,856	6
2021	£59,500	£2,053	2
2020	£58,250	£1,932	2
2019	£35,875	£1,528	2
2018	£73,750	£1,697	4
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	£198,500		2
2007	£87,808	£2,018	13
2006	£62,636	£1,971	14
2005	£76,871	£2,042	12
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	£29,950		1
1995	£28,675	£667	10

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	£121,165	£1,207	10
2020	£2,206,032	£57,325	4
2019	£181,223	£2,651	3
2018	£270,517	£2,500	2
2017	£219,417	£1,990	6
2016	£2,380,125	£42,035	2

House Type in NE40 4TD area

The most common house types in the NE40 4TD postcode area are Semi-detached (67), Flat (24), and Detached (21).

Total	125
Semi-detached	67
Flat	24
Detached	21
Terraced	13
Shared house	0
converted building	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 (60), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright	60
Owned: Owns with a mortgage or loan	30
Private rented: Private landlord or letting agency	29
Private rented: Other private rented	6
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE40 4TD have 1 person in household (65), and 2 people in household (39).

1 person in household	65
2 people in household	39
3 people in household	15
4 people in household	7
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0