Housing Market Analysis for CLOVERHILL DRIVE, NE40 4TG

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

Overview of Sold House prices

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

Detached
- The average price is around £152,540 median price is £150,000 Standard Deviation is £66,109 with Total Sold: 25
- The Last 5 Year average price is £228,250 with Total Sold: 4
- The most recent sale happened at this postcode is 24 CLOVERHILL DRIVE: £275,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 33 CLOVERHILL DRIVE: £75,000 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £96,923 median price is £69,100 Standard Deviation is £45,922 with Total Sold: 22
- The Last 5 Year average price is £172,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9 CLOVERHILL DRIVE: £172,000 (Sold on 14 Oct 2022)
- The first recorded sale happened at this postcode is 30 CLOVERHILL DRIVE: £58,000 (Sold on 13 Apr 1995)
Terraced
- The average price is around £119,998 median price is £119,998 Standard Deviation is £60,002 with Total Sold: 2
- The most recent sale happened at this postcode is 2 CLOVERHILL DRIVE: £180,000 (Sold on 25 Aug 2017)
- The first recorded sale happened at this postcode is 2 CLOVERHILL DRIVE: £59,995 (Sold on 31 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4TG 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£251,000	£2,824	2
2021	£156,000	£2,294	1
2019	£255,000	£2,550	1
2018	£180,000	£2,291	3
2017	£220,000	£2,216	1
2015	£168,000	£2,154	2
2014	£143,000	£1,412	1
2013	£215,000	£1,652	1
2012	£157,500	£1,890	2
2011	£202,000		1
2004	£170,000	£2,060	2
2002	£142,000	£1,402	1
2001	£72,500		1
1998	£59,667		3
1996	£56,000	£824	1
1995	£70,000	£671	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£172,000	£2,457	1
2011	£157,000	£1,674	1
2010	£164,000		1
2009	£140,000	£2,000	1
2007	£177,500		1
2006	£187,000		1
2004	£132,000	£1,407	1
2002	£88,550	£1,279	2
2001	£65,000		1
2000	£69,950		1
1999	£63,688	£819	4
1998	£72,000		1
1997	£67,000	£957	1
1996	£63,500		1
1995	£58,375	£608	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£180,000	£1,324	1
1997	£59,995	£441	1

All the Sales in the CLOVERHILL DRIVE, NE40 4TG

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

Address	Sold Date	Price	% Change
24 CLOVERHILL DRIVEDetached, FreeholdArea: 78 Sq.mtrAge: 1983-1990	28 Jul 2023	£275,000	47.85%
	22 May 2015	£186,000	24.00%
	19 Jan 2015	£150,000	First Sale
33 CLOVERHILL DRIVEDetached, FreeholdArea: 107 Sq.mtrAge: 1983-1990	28 Jul 2023	£227,000	202.67%
	31 Mar 1995	£75,000	First Sale
9 CLOVERHILL DRIVESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1967-1975	14 Oct 2022	£172,000	22.86%
	04 Mar 2009	£140,000	56.42%
	08 Feb 2002	£89,500	33.58%
	05 Dec 1997	£67,000	First Sale
4 CLOVERHILL DRIVEDetached, LeaseholdArea: 68 Sq.mtrAge: 1983-1990	19 Feb 2021	£156,000	11.43%
	19 Jan 2018	£140,000	First Sale
36 CLOVERHILL DRIVEDetached, LeaseholdArea: 100 Sq.mtrAge: 1983-1990	02 Aug 2019	£255,000	8.51%
	30 Apr 2018	£235,000	First Sale
7 CLOVERHILL DRIVEDetached, LeaseholdArea: 67 Sq.mtrAge: 1983-1990	07 Dec 2018	£165,000	32.00%
	27 Jul 2012	£125,000	95.31%
	13 Jul 1999	£64,000	First Sale
10 CLOVERHILL DRIVEDetached, LeaseholdArea: 99.3 Sq.mtrAge: 1983-1990	25 Aug 2017	£220,000	15.79%
	27 Jan 2012	£190,000	0.0
	06 Feb 2004	£190,000	First Sale
2 CLOVERHILL DRIVETerraced, LeaseholdArea: 136 Sq.mtrAge: 1976-1982	25 Aug 2017	£180,000	200.03%
	31 Jan 1997	£59,995	First Sale
12 CLOVERHILL DRIVEDetached, LeaseholdArea: 101.27 Sq.mtrAge: 1983-1990	18 Jun 2014	£143,000	0.70%
	20 Dec 2002	£142,000	118.46%
	25 Aug 1995	£65,000	First Sale
8 CLOVERHILL DRIVEDetached, LeaseholdArea: 130.12 Sq.mtrAge: 1976-1982	20 Sep 2013	£215,000	First Sale
17 CLOVERHILL DRIVESemi-Detached, LeaseholdArea: 93.81 Sq.mtrAge: 1991-1995	22 Jul 2011	£157,000	18.94%
	07 May 2004	£132,000	106.25%
	04 Aug 1999	£64,000	12.28%
	12 May 1995	£57,000	First Sale
11 CLOVERHILL DRIVEDetached, Leasehold	25 May 2011	£202,000	First Sale
20 CLOVERHILL DRIVESemi-Detached, Leasehold	02 Jul 2010	£164,000	140.29%
	25 Jun 1999	£68,250	7.48%
	21 Nov 1996	£63,500	First Sale
14 CLOVERHILL DRIVESemi-Detached, Leasehold	07 Sep 2007	£177,500	First Sale
18 CLOVERHILL DRIVESemi-Detached, Leasehold	25 Sep 2006	£187,000	159.72%
18 CLOVERHILL DRIVESemi-Detached, Leasehold	27 Nov 1998	£72,000	First Sale
3 CLOVERHILL DRIVEDetached, LeaseholdArea: 68 Sq.mtrAge: 1983-1990	19 Jul 2004	£150,000	167.86%
	15 May 1996	£56,000	First Sale
32 CLOVERHILL DRIVESemi-Detached, Freehold	28 Oct 2002	£87,600	25.23%
32 CLOVERHILL DRIVESemi-Detached, Freehold	08 Aug 2000	£69,950	First Sale
19 CLOVERHILL DRIVESemi-Detached, Freehold	28 Sep 2001	£65,000	First Sale
31 CLOVERHILL DRIVEDetached, Leasehold	29 Jun 2001	£72,500	26.09%
	10 Jul 1998	£57,500	-0.86%
	29 May 1998	£58,000	First Sale
27 CLOVERHILL DRIVESemi-Detached, Leasehold	29 Jan 1999	£58,500	4.46%
27 CLOVERHILL DRIVESemi-Detached, Leasehold	14 Aug 1995	£56,000	First Sale
21 CLOVERHILL DRIVEDetached, Leasehold	04 Sep 1998	£63,500	First Sale
6 CLOVERHILL DRIVESemi-Detached, Freehold	18 May 1995	£62,500	First Sale
30 CLOVERHILL DRIVESemi-Detached, Leasehold	13 Apr 1995	£58,000	First Sale

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

CLOVERHILL DRIVE, NE40 4TG Near By properties

Interactive Map

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

Detached
- The average price is around £203,054 median price is £195,000 Standard Deviation is £101,188 with Total Sold: 393
- The Last 5 Year average price is £278,531 with Total Sold: 121
- 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 , 33 CLOVERHILL DRIVE: £75,000 (Sold on 31 Mar 1995)
Terraced
- The average price is around £87,839 median price is £87,700 Standard Deviation is £46,354 with Total Sold: 961
- The Last 5 Year average price is £120,353 with Total Sold: 160
- 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 £111,849 median price is £111,000 Standard Deviation is £58,897 with Total Sold: 435
- The Last 5 Year average price is £177,934 with Total Sold: 75
- 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)
Other
- The average price is around £544,147 median price is £181,000 Standard Deviation is £1,552,610 with Total Sold: 34
- The Last 5 Year average price is £459,364 with Total Sold: 26
- The most recent sale happened at this postcode is , MEADOW VIEW MAIN ROAD: £117,000 (Sold on 30 Jan 2024)
- The first recorded sale happened at this postcode is , 21 SHEPHERD DRIVE: £4,750,000 (Sold on 13 Dec 2016)
Flat
- The average price is around £50,526 median price is £43,000 Standard Deviation is £35,096 with Total Sold: 183
- The Last 5 Year average price is £53,375 with Total Sold: 14
- The most recent sale happened at this postcode is , 43 ROSEDALE ROAD: £71,500 (Sold on 12 May 2023)
- The first recorded sale happened at this postcode is , 41 MOLLYFAIR CLOSE: £19,000 (Sold on 03 Feb 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£269,400	£3,544	5
2023	£277,600	£2,883	15
2022	£300,562	£2,992	12
2021	£276,613	£2,715	26
2020	£268,456	£2,237	26
2019	£281,424	£2,157	37
2018	£267,187	£2,242	31
2017	£245,531	£2,216	16
2016	£213,700	£2,127	10
2015	£216,778	£2,114	9
2014	£216,445	£2,192	11
2013	£182,812	£1,933	8
2012	£177,875	£1,768	8
2011	£242,000	£2,347	6
2010	£289,993	£2,214	7
2009	£296,667	£2,976	3
2008	£267,575	£2,422	6
2007	£205,689	£1,855	9
2006	£196,154	£2,022	13
2005	£192,833	£2,018	6
2004	£142,715	£2,068	10
2003	£145,363	£1,579	15
2002	£133,938	£1,228	17
2001	£89,287	£863	12
2000	£100,990	£914	10
1999	£73,921	£716	12
1998	£82,250	£845	21
1997	£80,115	£847	17
1996	£67,636	£656	11
1995	£77,625	£671	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£129,297	£2,304	10
2023	£121,365	£1,646	23
2022	£135,726	£1,684	30
2021	£112,015	£1,458	33
2020	£115,775	£1,486	40
2019	£115,533	£1,511	24
2018	£112,249	£1,540	30
2017	£117,850	£1,522	27
2016	£126,643	£1,727	22
2015	£115,688	£1,426	26
2014	£108,017	£1,472	23
2013	£114,971	£1,528	37
2012	£94,618	£1,376	18
2011	£116,861	£1,594	18
2010	£115,662	£1,669	28
2009	£98,500	£1,136	11
2008	£128,344	£1,672	16
2007	£119,578	£1,708	44
2006	£120,881	£1,622	42
2005	£107,556	£1,549	42
2004	£103,090	£1,532	25
2003	£76,269	£1,065	39
2002	£60,414	£842	59
2001	£48,973	£659	57
2000	£41,684	£569	40
1999	£37,530	£541	48
1998	£39,651	£522	42
1997	£40,202	£520	47
1996	£33,534	£502	34
1995	£37,155	£547	26

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£146,450	£2,440	10
2023	£173,050	£2,439	10
2022	£195,317	£2,481	11
2021	£170,846	£2,309	13
2020	£194,497	£2,114	16
2019	£177,907	£2,326	15
2018	£176,277	£1,979	13
2017	£126,803	£1,973	13
2016	£142,071	£1,896	7
2015	£133,240	£1,818	10
2014	£133,438	£2,138	13
2013	£147,464	£1,733	17
2012	£111,421	£1,751	7
2011	£159,125	£2,334	8
2010	£135,600	£1,971	5
2009	£115,100	£1,719	10
2008	£123,496	£1,578	12
2007	£169,129	£1,972	19
2006	£130,322	£1,759	23
2005	£119,958	£2,007	10
2004	£133,041	£1,989	11
2003	£95,918	£1,486	19
2002	£78,239	£1,033	23
2001	£52,426	£843	17
2000	£52,352	£846	21
1999	£48,838	£695	17
1998	£52,838	£777	17
1997	£47,131	£722	29
1996	£43,281	£583	21
1995	£52,572	£673	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£117,000	£1,045	1
2023	£179,000	£1,458	3
2022	£142,000	£1,384	5
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	£253,300	£1,990	5
2016	£4,750,000	£42,035	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£65,167	£1,524	3
2008	£198,500		2
2007	£87,808	£2,018	13
2006	£69,727	£1,920	15
2005	£76,871	£2,042	12
2004	£79,000	£1,333	7
2003	£42,540	£1,107	20
2002	£30,489	£883	18
2001	£26,612	£937	12
2000	£27,357	£666	7
1999	£25,571	£626	14
1998	£23,593	£566	7
1997	£19,806	£697	4
1996	£29,950		1
1995	£28,675	£667	10

House Type in NE40 4TG area

The most common house types in the NE40 4TG postcode area are Semi-detached (46), Detached (41), and Terraced (40).

Total	129
Semi-detached	46
Detached	41
Terraced	40
Flat	2
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 (71), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright	71
Owned: Owns with a mortgage or loan	46
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	4
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE40 4TG have 2 people in household (59), and 1 person in household (35).

2 people in household	59
1 person in household	35
3 people in household	20
4 people in household	15
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0