Housing Market Analysis for MORGY HILL WEST, NE40 4UG

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

Overview of Sold House prices

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

Terraced
- The average price is around £68,341 median price is £68,975 Standard Deviation is £29,941 with Total Sold: 44
- The Last 5 Year average price is £89,806 with Total Sold: 8
- The most recent sale happened at this postcode is 3 MORGY HILL WEST: £75,000 (Sold on 31 Jul 2023)
- The first recorded sale happened at this postcode is 17 MORGY HILL WEST: £36,500 (Sold on 29 Sep 1995)
Semi-Detached
- The average price is around £29,250 median price is £29,250 Standard Deviation is £5,250 with Total Sold: 2
- The most recent sale happened at this postcode is 23 MORGY HILL WEST: £24,000 (Sold on 20 Jan 2000)
- The first recorded sale happened at this postcode is 23 MORGY HILL WEST: £34,500 (Sold on 26 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4UG 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
2023	£75,000	£1,087	1
2022	£82,000	£1,188	1
2021	£97,000	£1,406	1
2020	£84,650	£1,166	3
2019	£105,250	£1,429	2
2018	£106,000	£1,525	2
2017	£78,875	£1,144	2
2015	£90,000	£1,099	2
2014	£86,000	£1,418	1
2013	£75,500	£1,020	1
2007	£119,000	£1,725	1
2006	£110,000	£1,486	1
2005	£117,000	£1,696	1
2004	£109,500	£1,323	2
2003	£72,475	£976	4
2002	£45,475	£656	4
2001	£38,112	£577	4
2000	£38,475	£476	2
1998	£39,000		1
1997	£34,558	£372	3
1996	£32,988	£538	4
1995	£36,500	£553	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£24,000	£316	1
1999	£34,500	£454	1

All the Sales in the MORGY HILL WEST, NE40 4UG

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

Address	Sold Date	Price	% Change
3 MORGY HILL WESTTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	31 Jul 2023	£75,000	First Sale
22 MORGY HILL WESTTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	29 Apr 2022	£82,000	First Sale
7 MORGY HILL WESTTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	31 Mar 2021	£97,000	3.19%
	18 Mar 2020	£94,000	40.30%
	30 Jan 2003	£67,000	67.71%
	14 Apr 2000	£39,950	7.97%
	05 Jun 1996	£37,000	First Sale
6 MORGY HILL WESTTerraced, FreeholdArea: 74 Sq.mtrAge: 1930-1949	03 Aug 2020	£70,000	First Sale
17 MORGY HILL WESTTerraced, FreeholdArea: 75.52 Sq.mtrAge: 1900-1929	24 Jul 2020	£89,950	38.38%
	23 Sep 2015	£65,000	35.56%
	28 Jun 2002	£47,950	31.37%
	29 Sep 1995	£36,500	First Sale
1 MORGY HILL WESTTerraced, FreeholdArea: 73.28 Sq.mtrAge: 1900-1929	03 Apr 2019	£95,000	First Sale
25 MORGY HILL WESTTerraced, FreeholdArea: 74 Sq.mtrAge: 1900-1929	08 Feb 2019	£115,500	5.00%
	25 Aug 2006	£110,000	155.81%
	30 Sep 2002	£43,000	First Sale
11 MORGY HILL WESTTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	12 Nov 2018	£105,000	-10.26%
	05 Aug 2005	£117,000	185.37%
	28 Jun 2002	£41,000	First Sale
18 MORGY HILL WESTTerraced, FreeholdArea: 70 Sq.mtrAge: 1930-1949	15 Jun 2018	£107,000	42.19%
	29 Mar 2017	£75,250	88.12%
	31 Jul 1996	£40,000	First Sale
15 MORGY HILL WESTTerraced, FreeholdArea: 68 Sq.mtrAge: 1900-1929	24 Feb 2017	£82,500	First Sale
13 MORGY HILL WESTTerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	24 Jul 2015	£115,000	First Sale
21 MORGY HILL WESTTerraced, FreeholdArea: 60.65 Sq.mtrAge: 1900-1929	18 Aug 2014	£86,000	117.72%
	28 Aug 2001	£39,500	First Sale
14 MORGY HILL WESTTerraced, FreeholdArea: 74 Sq.mtrAge: 1900-1929	25 Oct 2013	£75,500	First Sale
5 MORGY HILL WESTTerraced, FreeholdArea: 69 Sq.mtrAge: 1930-1949	02 Jul 2007	£119,000	138.24%
	18 Feb 2002	£49,950	61.13%
	03 Aug 2001	£31,000	First Sale
27 MORGY HILL WESTTerraced, FreeholdArea: 71.24 Sq.mtrAge: 1930-1949	18 Jun 2004	£110,000	57.26%
	27 Mar 2003	£69,950	55.62%
	06 Dec 2001	£44,950	69.62%
	07 Mar 1997	£26,500	First Sale
1A MORGY HILL WESTTerraced, FreeholdArea: 99 Sq.mtrAge: INVALID!	08 Apr 2004	£109,000	194.59%
	10 Mar 2000	£37,000	First Sale
9 MORGY HILL WESTTerraced, Freehold	12 Dec 2003	£84,950	99.88%
9 MORGY HILL WESTTerraced, Freehold	27 Jun 1997	£42,500	First Sale
26 MORGY HILL WESTTerraced, Freehold	05 Jun 2003	£68,000	96.11%
26 MORGY HILL WESTTerraced, Freehold	25 Apr 1997	£34,675	First Sale
19 MORGY HILL WESTTerraced, Freehold	05 Jul 2001	£37,000	5.71%
19 MORGY HILL WESTTerraced, Freehold	02 Aug 1996	£35,000	First Sale
23 MORGY HILL WESTSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1900-1929	20 Jan 2000	£24,000	-30.43%
	26 Mar 1999	£34,500	First Sale
2 MORGY HILL WESTTerraced, Freehold	01 May 1998	£39,000	First Sale
16 MORGY HILL WESTTerraced, Freehold	23 Aug 1996	£19,950	First Sale

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

MORGY HILL WEST, NE40 4UG Near By properties

Interactive Map

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

Terraced
- The average price is around £86,328 median price is £86,000 Standard Deviation is £43,238 with Total Sold: 1,519
- 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 £113,037 median price is £110,000 Standard Deviation is £56,798 with Total Sold: 727
- The Last 5 Year average price is £160,174 with Total Sold: 191
- 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 £207,984 median price is £222,748 Standard Deviation is £82,181 with Total Sold: 406
- The Last 5 Year average price is £261,212 with Total Sold: 192
- 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	£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	£107,586	£1,423	38
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	£38,723	£529	65
1996	£33,986	£498	58
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	£169,088	£2,096	17
2021	£151,491	£1,936	42
2020	£174,908	£2,043	36
2019	£152,170	£1,942	60
2018	£158,407	£1,959	41
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	£122,667	£1,885	9
2010	£132,017	£1,530	12
2009	£114,842	£1,637	13
2008	£120,282	£1,637	14
2007	£138,535	£1,787	26
2006	£124,795	£1,678	30
2005	£122,533	£1,844	16
2004	£124,881	£1,880	18
2003	£91,736	£1,326	35
2002	£68,838	£978	34
2001	£53,286	£733	39
2000	£48,614	£720	21
1999	£48,132	£603	21
1998	£46,514	£670	18
1997	£45,176	£668	33
1996	£42,611	£569	26
1995	£49,263	£622	23

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£204,500		4
2023	£281,531	£2,833	16
2022	£257,332	£2,555	12
2021	£262,296	£2,350	54
2020	£258,641	£2,287	52
2019	£261,645	£2,152	54
2018	£246,032	£2,145	39
2017	£209,611	£1,877	9
2016	£205,318	£2,110	11
2015	£216,250	£3,111	2
2014	£205,900	£2,136	6
2013	£153,307	£1,732	13
2012	£166,000	£1,591	5
2011	£198,000	£2,093	2
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	£118,583	£1,702	6
2003	£154,905	£1,787	11
2002	£110,561	£950	9
2001	£89,945	£901	10
2000	£82,488	£888	8
1999	£73,793	£801	7
1998	£69,143	£830	7
1997	£73,386	£774	14
1996	£59,395	£588	10
1995	£62,250	£522	2

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 4UG area

The most common house types in the NE40 4UG postcode area are Terraced (106), Semi-detached (9), and Flat (7).

Total	130
Terraced	106
Semi-detached	9
Flat	7
commercial building	4
Shared house	3
Detached	1
converted building	0
temporary structure	0

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 (45).

Owned: Owns outright	48
Owned: Owns with a mortgage or loan	45
Private rented: Private landlord or letting agency	25
Social rented: Other social rented	4
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE40 4UG have 1 person in household (62), and 2 people in household (46).

1 person in household	62
2 people in household	46
3 people in household	13
4 people in household	7
6 people in household	1
0 people in household	0
5 people in household	0
7 people in household	0
8 or more people in household	0