Housing Market Analysis for IRIS TERRACE, NE40 4UD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £105,263 median price is £78,000 Standard Deviation is £63,689 with Total Sold: 15
    • The Last 5 Year average price is £162,500 with Total Sold: 3
    • The most recent sale happened at this postcode is 9 IRIS TERRACE: £130,000 (Sold on 17 Mar 2022)
    • The first recorded sale happened at this postcode is 4 IRIS TERRACE: £42,000 (Sold on 01 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4UD 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£130,000 £1,625 1
2021£178,750 £1,607 2
2015£168,750 £1,555 2
2014£60,000 £769 1
2009£147,000 £1,105 1
2004£170,000 £1,799 1
2002£78,0001
2001£59,975 £874 2
2000£47,250 £736 2
1997£42,500 £531 1
1995£42,0001

All the Sales in the IRIS TERRACE, NE40 4UD

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

AddressSold DatePrice% Change
9 IRIS TERRACETerraced, FreeholdArea: 80 Sq.mtrAge: 1930-194917 Mar 2022£130,00013.04%
23 Feb 2015£115,00064.40%
01 Nov 2001£69,95064.59%
03 Oct 1997£42,500First Sale
2 IRIS TERRACETerraced, FreeholdArea: 84 Sq.mtrAge: 1900-192905 Aug 2021£120,000First Sale
1 IRIS TERRACETerraced, FreeholdArea: 133 Sq.mtrAge: 1900-192906 Apr 2021£237,5006.74%
26 Jun 2015£222,50051.36%
08 May 2009£147,000First Sale
8 IRIS TERRACETerraced, FreeholdArea: 78 Sq.mtrAge: 1900-192910 Feb 2014£60,000First Sale
6 IRIS TERRACETerraced, FreeholdArea: 94.48 Sq.mtrAge: 1900-192917 Dec 2004£170,000144.60%
25 Oct 2000£69,500First Sale
3 IRIS TERRACETerraced, Freehold24 Apr 2002£78,00056.00%
20 Dec 2001£50,000First Sale
12 IRIS TERRACETerraced, Freehold14 Aug 2000£25,000First Sale
4 IRIS TERRACETerraced, Freehold01 Sep 1995£42,000First Sale

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

IRIS TERRACE, NE40 4UD Near By properties

Interactive Map

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

  • Detached
    • The average price is around £205,421 median price is £211,000 Standard Deviation is £87,856 with Total Sold: 431
    • The Last 5 Year average price is £268,608 with Total Sold: 164
    • 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 £86,372 median price is £86,000 Standard Deviation is £43,282 with Total Sold: 1,521
    • The Last 5 Year average price is £117,317 with Total Sold: 267
    • 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 £114,589 median price is £110,000 Standard Deviation is £58,680 with Total Sold: 764
    • The Last 5 Year average price is £160,604 with Total Sold: 186
    • The most recent sale happened at this postcode is , WINSTER ST AGNES VILLAS: £103,000 (Sold on 13 Aug 2024)
    • The first recorded sale happened at this postcode is , 41 HORSLEY AVENUE: £60,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £52,766 median price is £44,000 Standard Deviation is £35,391 with Total Sold: 190
    • The Last 5 Year average price is £63,603 with Total Sold: 17
    • 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 £539,547 median price is £112,000 Standard Deviation is £1,537,058 with Total Sold: 35
    • The Last 5 Year average price is £506,218 with Total Sold: 25
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,0005
2023£279,500 £2,828 17
2022£283,452 £2,840 16
2021£264,902 £2,362 41
2020£264,948 £2,297 31
2019£268,900 £2,157 54
2018£255,379 £2,161 52
2017£217,208 £1,991 12
2016£205,318 £2,110 11
2015£215,812 £2,442 8
2014£210,309 £2,142 11
2013£165,418 £1,802 16
2012£163,571 £1,690 7
2011£199,333 £2,093 3
2010£188,317 £1,721 6
2009£191,333 £1,369 3
2008£214,975 £2,519 2
2007£173,321 £1,594 7
2006£174,841 £1,770 16
2005£210,909 £2,110 11
2004£131,438 £1,804 8
2003£154,905 £1,787 11
2002£118,459 £1,086 11
2001£88,359 £901 11
2000£86,445 £918 11
1999£73,793 £801 7
1998£66,300 £830 10
1997£74,338 £800 16
1996£63,919 £638 13
1995£66,125 £622 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£133,086 £2,304 17
2023£125,307 £1,622 37
2022£123,220 £1,608 48
2021£113,766 £1,480 62
2020£107,292 £1,411 59
2019£116,514 £1,509 44
2018£110,452 £1,499 52
2017£109,442 £1,420 39
2016£111,283 £1,517 41
2015£109,584 £1,358 35
2014£105,800 £1,402 38
2013£120,964 £1,535 64
2012£92,861 £1,382 18
2011£101,725 £1,473 20
2010£108,300 £1,538 42
2009£103,950 £1,323 21
2008£121,452 £1,608 22
2007£115,881 £1,654 61
2006£116,741 £1,596 76
2005£108,326 £1,540 59
2004£101,150 £1,393 47
2003£78,783 £1,058 76
2002£59,253 £799 96
2001£47,374 £650 92
2000£42,435 £582 67
1999£38,165 £545 61
1998£38,919 £519 63
1997£39,045 £526 66
1996£33,986 £498 58
1995£36,880 £521 40
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,609 £2,130 16
2023£179,975 £2,304 20
2022£182,710 £2,217 19
2021£152,619 £1,943 43
2020£171,438 £1,991 29
2019£151,478 £1,947 59
2018£166,425 £1,990 48
2017£123,380 £1,609 33
2016£131,250 £1,612 10
2015£141,550 £1,598 18
2014£117,039 £1,641 19
2013£138,685 £1,576 21
2012£118,056 £1,633 8
2011£140,912 £1,865 12
2010£135,950 £1,547 14
2009£124,030 £1,670 15
2008£121,227 £1,637 13
2007£143,264 £1,843 28
2006£130,650 £1,721 32
2005£131,205 £1,918 17
2004£125,255 £1,837 19
2003£92,434 £1,326 34
2002£69,933 £1,001 36
2001£53,927 £738 39
2000£51,080 £707 23
1999£53,112 £635 27
1998£49,562 £669 20
1997£49,980 £688 37
1996£43,385 £569 27
1995£51,984 £621 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,0001
2023£76,250 £1,760 2
2022£63,688 £1,853 8
2021£59,500 £2,053 2
2020£58,250 £1,932 2
2019£35,875 £1,528 2
2018£75,833 £1,585 6
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£174,0003
2007£92,633 £2,018 15
2006£69,462 £1,953 16
2005£74,035 £2,042 13
2004£63,600 £1,689 5
2003£42,540 £1,107 20
2002£29,144 £929 16
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£49,975 £722 2
1995£28,675 £667 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,0001
2023£197,500 £1,458 2
2022£125,833 £1,613 6
2021£77,775 £1,066 6
2020£1,785,626 £38,786 5
2019£399,734 £2,651 5
2018£183,646 £2,500 3
2017£183,500 £1,775 5
2016£2,380,125 £42,035 2

House Type in NE40 4UD area

The most common house types in the NE40 4UD postcode area are Terraced (94), Semi-detached (16), and Detached (3).

Total114
Terraced94
Semi-detached16
Detached3
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright48
Owned: Owns with a mortgage or loan34
Private rented: Private landlord or letting agency28
Private rented: Other private rented4
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE40 4UD have 2 people in household (49), and 1 person in household (40).

2 people in household49
1 person in household40
3 people in household14
4 people in household8
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0