Housing Market Analysis for MORGY HILL EAST, NE40 4UF

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

Overview of Sold House prices

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

Terraced
- The average price is around £70,769 median price is £81,000 Standard Deviation is £30,062 with Total Sold: 33
- The Last 5 Year average price is £88,240 with Total Sold: 3
- 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 7 MORGY HILL EAST: £33,000 (Sold on 08 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4UF 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£83,470		1
2021	£96,000	£1,315	1
2020	£85,250	£1,236	1
2018	£87,750	£1,195	2
2017	£93,250	£1,243	2
2016	£100,000	£1,449	1
2014	£80,000	£861	1
2013	£95,000	£1,377	1
2012	£92,000	£1,272	1
2010	£85,000	£1,349	1
2006	£113,167	£1,529	3
2005	£110,000	£1,467	1
2004	£90,500	£1,320	2
2003	£74,000	£1,057	3
2002	£38,500	£539	2
2001	£35,800	£520	4
2000	£27,500	£354	2
1999	£30,000	£441	1
1997	£26,000	£410	1
1996	£36,475	£505	2

All the Sales in the MORGY HILL EAST, NE40 4UF

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

Address	Sold Date	Price	% Change
6 MORGY HILL EASTTerraced, Freehold	22 Aug 2024	£83,470	First Sale
16 MORGY HILL EASTTerraced, FreeholdArea: 73 Sq.mtrAge: 1900-1929	29 Jan 2021	£96,000	174.29%
	17 Jul 2002	£35,000	First Sale
10 MORGY HILL EASTTerraced, FreeholdArea: 69 Sq.mtrAge: 1950-1966	07 Feb 2020	£85,250	First Sale
13 MORGY HILL EASTTerraced, FreeholdArea: 85 Sq.mtrAge: 1900-1929	09 Mar 2018	£94,500	186.36%
	04 Aug 2000	£33,000	First Sale
21 MORGY HILL EASTTerraced, FreeholdArea: 63.36 Sq.mtrAge: 1900-1929	19 Jan 2018	£81,000	14.08%
	08 Aug 2003	£71,000	137.06%
	10 Oct 2001	£29,950	15.19%
	09 May 1997	£26,000	First Sale
22 MORGY HILL EASTTerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	13 Oct 2017	£82,500	-20.67%
	28 Apr 2017	£104,000	-9.57%
	02 Jun 2006	£115,000	50.33%
	11 Jul 2003	£76,500	First Sale
8 MORGY HILL EASTTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	14 Jun 2016	£100,000	5.26%
	22 Nov 2013	£95,000	0.0
	04 Jun 2004	£95,000	138.99%
	21 Feb 2001	£39,750	80.68%
	18 Feb 2000	£22,000	First Sale
9 MORGY HILL EASTTerraced, FreeholdArea: 92.88 Sq.mtrAge: 1900-1929	30 May 2014	£80,000	First Sale
12 MORGY HILL EASTTerraced, FreeholdArea: 72.3 Sq.mtrAge: 1900-1929	19 Oct 2012	£92,000	-19.65%
	28 Jul 2006	£114,500	189.87%
	26 Jun 2001	£39,500	First Sale
24 MORGY HILL EASTTerraced, FreeholdArea: 63 Sq.mtrAge: 1900-1929	17 Dec 2010	£85,000	First Sale
14 MORGY HILL EASTTerraced, FreeholdArea: 70.21 Sq.mtrAge: 1900-1929	03 Mar 2006	£110,000	161.90%
	07 Jun 2002	£42,000	23.53%
	01 Jun 2001	£34,000	-14.89%
	14 Nov 1996	£39,950	First Sale
7 MORGY HILL EASTTerraced, FreeholdArea: 75 Sq.mtrAge: 1930-1949	12 Aug 2005	£110,000	233.33%
	08 Mar 1996	£33,000	First Sale
11 MORGY HILL EASTTerraced, FreeholdArea: 68.04 Sq.mtrAge: 1930-1949	30 Apr 2004	£86,000	15.44%
	15 Aug 2003	£74,500	148.33%
	10 Dec 1999	£30,000	First Sale

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

MORGY HILL EAST, NE40 4UF Near By properties

Interactive Map

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

Terraced
- The average price is around £86,373 median price is £86,000 Standard Deviation is £43,242 with Total Sold: 1,537
- The Last 5 Year average price is £117,135 with Total Sold: 273
- 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 £112,775 median price is £110,000 Standard Deviation is £56,646 with Total Sold: 751
- The Last 5 Year average price is £160,236 with Total Sold: 192
- 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)
Detached
- The average price is around £208,381 median price is £219,998 Standard Deviation is £84,684 with Total Sold: 442
- The Last 5 Year average price is £262,749 with Total Sold: 202
- 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 , IVY COTTAGE BANK TOP: £57,500 (Sold on 10 Feb 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£133,086	£2,304	17
2023	£123,368	£1,595	39
2022	£122,911	£1,593	50
2021	£113,766	£1,480	62
2020	£107,841	£1,418	61
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	£106,421	£1,402	39
2013	£120,533	£1,528	66
2012	£91,500	£1,351	19
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	£108,562	£1,540	60
2004	£101,150	£1,393	47
2003	£78,783	£1,058	76
2002	£59,126	£796	97
2001	£47,374	£650	92
2000	£42,260	£582	68
1999	£38,165	£545	61
1998	£38,919	£519	63
1997	£39,045	£526	66
1996	£34,249	£498	61
1995	£36,880	£521	40

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£145,609	£2,130	16
2023	£179,975	£2,304	20
2022	£169,249	£2,117	18
2021	£151,491	£1,936	42
2020	£174,908	£2,043	36
2019	£152,170	£1,942	60
2018	£159,967	£1,959	43
2017	£120,517	£1,615	32
2016	£131,250	£1,612	10
2015	£134,582	£1,593	17
2014	£117,039	£1,641	19
2013	£137,290	£1,576	22
2012	£105,636	£1,530	7
2011	£126,100	£1,864	10
2010	£134,477	£1,530	13
2009	£116,639	£1,670	14
2008	£120,282	£1,637	14
2007	£139,978	£1,787	27
2006	£126,802	£1,678	31
2005	£122,533	£1,844	16
2004	£125,255	£1,837	19
2003	£91,736	£1,326	35
2002	£69,933	£1,001	36
2001	£53,579	£733	40
2000	£49,584	£720	22
1999	£50,621	£642	25
1998	£47,855	£670	19
1997	£45,818	£684	34
1996	£43,385	£569	27
1995	£50,613	£621	27

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£204,500		4
2023	£278,139	£2,832	18
2022	£257,332	£2,555	12
2021	£260,364	£2,349	55
2020	£258,987	£2,286	53
2019	£268,610	£2,162	60
2018	£254,787	£2,161	47
2017	£210,650	£1,914	10
2016	£205,318	£2,110	11
2015	£192,125	£2,633	4
2014	£196,914	£2,032	7
2013	£157,714	£1,726	14
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	£160,542	£1,594	6
2006	£168,563	£1,779	15
2005	£210,909	£2,110	11
2004	£131,438	£1,804	8
2003	£154,905	£1,787	11
2002	£113,705	£1,015	10
2001	£88,359	£901	11
2000	£82,488	£888	8
1999	£73,793	£801	7
1998	£66,300	£830	10
1997	£73,386	£774	14
1996	£59,086	£614	11
1995	£66,125	£622	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,000		1
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	£174,000		3
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,000		1
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 4UF area

The most common house types in the NE40 4UF postcode area are Terraced (126), Semi-detached (7), and Detached (5).

Total	143
Terraced	126
Semi-detached	7
Detached	5
commercial building	3
Flat	1
converted building	1
Shared house	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (57).

Owned: Owns outright	57
Owned: Owns with a mortgage or loan	57
Private rented: Private landlord or letting agency	25
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE40 4UF have 1 person in household (50), and 2 people in household (49).

1 person in household	50
2 people in household	49
3 people in household	28
4 people in household	10
5 people in household	2
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0