Housing Market Analysis for GROVE COTTAGES, NE40 4TL

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £285,000 median price is £285,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £285,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 GROVE COTTAGES: £285,000 (Sold on 21 Feb 2020)
    • The first recorded sale happened at this postcode is 1 GROVE COTTAGES: £285,000 (Sold on 21 Feb 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4TL 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
2020£285,000 £1,610 1

All the Sales in the GROVE COTTAGES, NE40 4TL

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

AddressSold DatePrice% Change
1 GROVE COTTAGESSemi-Detached, FreeholdArea: 177 Sq.mtrAge: before 190021 Feb 2020£285,000First Sale

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

GROVE COTTAGES, NE40 4TL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £85,849 median price is £85,000 Standard Deviation is £45,309 with Total Sold: 1,007
    • The Last 5 Year average price is £113,928 with Total Sold: 175
    • 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 £107,491 median price is £108,000 Standard Deviation is £52,800 with Total Sold: 576
    • The Last 5 Year average price is £146,394 with Total Sold: 133
    • 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)
  • Detached
    • The average price is around £197,093 median price is £201,998 Standard Deviation is £94,547 with Total Sold: 416
    • The Last 5 Year average price is £256,297 with Total Sold: 147
    • The most recent sale happened at this postcode is , 67 JARVIS DRIVE: £265,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 33 CLOVERHILL DRIVE: £75,000 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £424,416 median price is £152,500 Standard Deviation is £1,456,850 with Total Sold: 30
    • The Last 5 Year average price is £471,831 with Total Sold: 24
    • The most recent sale happened at this postcode is , NE40 STUDIOS MAIN ROAD: £375,000 (Sold on 21 Feb 2024)
    • The first recorded sale happened at this postcode is , 2 ALLEN TERRACE: £94,000 (Sold on 04 Aug 2017)
  • Flat
    • The average price is around £50,469 median price is £43,000 Standard Deviation is £35,009 with Total Sold: 184
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£134,088 £2,304 11
2023£123,016 £1,719 25
2022£119,993 £1,534 35
2021£103,147 £1,373 34
2020£106,914 £1,389 42
2019£113,921 £1,508 28
2018£111,272 £1,534 33
2017£118,290 £1,512 30
2016£117,858 £1,612 25
2015£111,978 £1,390 27
2014£105,257 £1,496 21
2013£114,702 £1,517 39
2012£94,889 £1,396 17
2011£121,107 £1,607 14
2010£111,421 £1,644 28
2009£92,208 £1,135 12
2008£128,344 £1,672 16
2007£117,780 £1,660 47
2006£119,172 £1,573 49
2005£103,863 £1,531 41
2004£98,170 £1,448 25
2003£75,916 £1,060 43
2002£56,904 £781 67
2001£47,378 £643 58
2000£41,258 £557 40
1999£37,388 £550 45
1998£38,599 £516 45
1997£40,572 £514 44
1996£33,377 £502 40
1995£36,443 £551 26
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,442 £2,211 13
2023£146,444 £2,332 9
2022£158,182 £2,190 11
2021£146,487 £2,024 31
2020£154,448 £1,861 20
2019£140,645 £1,906 49
2018£163,755 £2,029 29
2017£112,885 £1,665 21
2016£131,812 £1,763 8
2015£123,764 £1,717 11
2014£120,888 £1,880 16
2013£142,099 £1,652 19
2012£111,421 £1,676 7
2011£145,800 £2,086 10
2010£123,689 £1,328 9
2009£113,162 £1,670 12
2008£114,591 £1,708 11
2007£153,825 £1,886 26
2006£123,441 £1,674 27
2005£117,632 £1,904 12
2004£126,035 £1,905 13
2003£86,641 £1,350 27
2002£74,197 £959 30
2001£47,653 £797 23
2000£49,235 £744 23
1999£46,479 £683 18
1998£50,250 £768 17
1997£46,429 £694 31
1996£42,371 £569 24
1995£51,711 £657 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£263,600 £3,544 5
2023£301,214 £2,843 14
2022£283,765 £2,895 16
2021£250,545 £2,546 45
2020£241,635 £2,196 33
2019£245,644 £2,138 34
2018£224,357 £2,229 32
2017£245,531 £2,216 16
2016£213,700 £2,127 10
2015£215,125 £2,137 8
2014£209,840 £2,167 10
2013£182,812 £1,933 8
2012£177,875 £1,768 8
2011£242,000 £2,347 6
2010£258,883 £2,214 9
2009£296,667 £2,976 3
2008£288,090 £2,358 5
2007£192,820 £1,794 10
2006£196,154 £2,022 13
2005£192,833 £2,018 6
2004£145,278 £2,068 9
2003£149,818 £1,579 14
2002£134,684 £1,248 16
2001£89,287 £863 12
2000£100,990 £914 10
1999£75,686 £757 11
1998£82,250 £845 21
1997£80,115 £847 17
1996£67,636 £656 11
1995£77,625 £671 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,000 £1,045 2
2023£179,000 £1,458 3
2022£142,000 £1,384 5
2021£121,165 £1,207 10
2020£2,788,043 £57,325 3
2019£9,170 £241 1
2018£270,517 £2,500 2
2017£216,875 £1,775 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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£198,5002
2007£87,808 £2,018 13
2006£69,727 £1,920 15
2005£74,035 £2,042 13
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£29,9501
1995£28,675 £667 10

House Type in NE40 4TL area

The most common house types in the NE40 4TL postcode area are Semi-detached (47), Terraced (41), and Detached (11).

Total104
Semi-detached47
Terraced41
Detached11
Flat4
converted building1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (35), and Owned: Owns with a mortgage or loan (26).

Owned: Owns outright35
Owned: Owns with a mortgage or loan26
Social rented: Rents from council or Local Authority24
Private rented: Private landlord or letting agency17
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE40 4TL have 2 people in household (31), and 1 person in household (28).

2 people in household31
1 person in household28
3 people in household23
4 people in household12
5 people in household6
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0