Housing Market Analysis for SHAFTOE CLOSE, NE40 4UT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £78,430 median price is £77,500 Standard Deviation is £35,919 with Total Sold: 60
    • The Last 5 Year average price is £123,627 with Total Sold: 5
    • The most recent sale happened at this postcode is 16 SHAFTOE CLOSE: £121,000 (Sold on 06 Sep 2023)
    • The first recorded sale happened at this postcode is 19 SHAFTOE CLOSE: £125,000 (Sold on 01 Apr 2021)
  • Detached
    • The average price is around £139,389 median price is £163,500 Standard Deviation is £52,457 with Total Sold: 9
    • The Last 5 Year average price is £196,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 SHAFTOE CLOSE: £197,000 (Sold on 26 Feb 2021)
    • The first recorded sale happened at this postcode is 6 SHAFTOE CLOSE: £59,000 (Sold on 14 Nov 1996)
  • Other
    • The average price is around £183,500 median price is £183,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 39 SHAFTOE CLOSE: £183,500 (Sold on 07 Sep 2017)
    • The first recorded sale happened at this postcode is 39 SHAFTOE CLOSE: £183,500 (Sold on 07 Sep 2017)
  • Semi-Detached
    • The average price is around £93,200 median price is £116,000 Standard Deviation is £43,357 with Total Sold: 5
    • The most recent sale happened at this postcode is 22 SHAFTOE CLOSE: £135,000 (Sold on 24 Oct 2008)
    • The first recorded sale happened at this postcode is 19 SHAFTOE CLOSE: £39,000 (Sold on 26 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE40 4UT 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
2023£121,000 £2,086 2
2022£116,134 £2,002 1
2016£105,000 £1,735 2
2015£94,750 £1,692 2
2014£100,000 £1,754 1
2013£116,000 £1,899 2
2010£153,750 £2,033 2
2008£137,500 £1,990 2
2007£112,667 £1,884 3
2006£119,500 £2,080 2
2005£110,000 £1,974 2
2004£86,0001
2003£75,167 £1,255 6
2002£68,875 £1,032 4
2001£47,550 £774 6
2000£47,733 £749 6
1999£43,608 £713 6
1998£40,5001
1997£40,667 £566 3
1996£46,0001
1995£40,767 £703 3
2024£135,0001
2021£125,000 £2,232 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£197,000 £2,699 1
2020£195,000 £2,304 1
2017£183,500 £2,168 1
2015£172,500 £1,960 1
2006£163,500 £2,240 1
2003£133,500 £1,517 1
2001£73,500 £868 1
2000£77,000 £875 1
1996£59,000 £808 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£183,500 £2,168 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£135,000 £1,985 1
2007£124,750 £2,079 2
2000£42,500 £759 1
1996£39,000 £696 1

All the Sales in the SHAFTOE CLOSE, NE40 4UT

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

AddressSold DatePrice% Change
16 SHAFTOE CLOSETerraced, LeaseholdArea: 58 Sq.mtrAge: 1967-197506 Sep 2023£121,0000.0
06 Sep 2023£121,0004.19%
10 Nov 2022£116,134First Sale
6 SHAFTOE CLOSEDetached, FreeholdArea: 73 Sq.mtrAge: 1976-198226 Feb 2021£197,00020.49%
12 Apr 2006£163,500177.12%
14 Nov 1996£59,000First Sale
39 SHAFTOE CLOSEDetached, LeaseholdArea: 84.64 Sq.mtrAge: 1967-197504 Sep 2020£195,0006.27%
07 Sep 2017£183,5000.0
07 Sep 2017£183,5006.38%
16 Aug 2010£172,500134.69%
20 Jul 2001£73,500First Sale
4 SHAFTOE CLOSETerraced, LeaseholdArea: 64 Sq.mtrAge: 1976-198226 Jul 2016£125,000-6.37%
28 Sep 2007£133,500First Sale
19 SHAFTOE CLOSETerraced, LeaseholdArea: 56 Sq.mtrAge: 1976-198219 Feb 2016£85,0004.29%
18 Dec 2015£81,50091.76%
03 Mar 2000£42,5008.97%
26 Sep 1996£39,000-68.80%
01 Apr 2021£125,000First Sale
35 SHAFTOE CLOSETerraced, LeaseholdArea: 56 Sq.mtrAge: 1976-198212 Jun 2015£108,000-6.90%
06 Jul 2007£116,0000.0
06 Jul 2007£116,000174.88%
21 Oct 1999£42,200First Sale
10 SHAFTOE CLOSEDetached, LeaseholdArea: 88 Sq.mtrAge: 1976-198216 Jan 2015£172,50029.21%
31 Oct 2003£133,50073.38%
12 Dec 2000£77,000First Sale
33 SHAFTOE CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1976-198207 Oct 2014£100,000-13.04%
04 Nov 2005£115,000109.09%
29 May 2002£55,00025.14%
20 Apr 2000£43,95012.69%
12 May 1995£39,000First Sale
22 SHAFTOE CLOSETerraced, LeaseholdArea: 67.84 Sq.mtrAge: 1967-197527 Sep 2013£122,000-9.63%
24 Oct 2008£135,0000.0
24 Oct 2008£135,000143.24%
21 May 2001£55,50020.65%
29 Jan 1999£46,000First Sale
12 SHAFTOE CLOSETerraced, LeaseholdArea: 55 Sq.mtrAge: 1976-198216 Aug 2013£110,000-5.17%
15 Dec 2006£116,00045.91%
31 Jul 2003£79,50059.16%
30 May 2001£49,95037.41%
18 Jan 2001£36,350First Sale
20 SHAFTOE CLOSETerraced, FreeholdArea: 66.6 Sq.mtrAge: 1983-199022 Oct 2010£135,000196.70%
29 Sep 1995£45,500First Sale
29 SHAFTOE CLOSETerraced, Leasehold18 Feb 2008£140,00072.84%
21 Oct 2002£81,00047.41%
24 Nov 2000£54,950First Sale
11 SHAFTOE CLOSETerraced, Leasehold13 Jul 2007£105,000107.92%
23 Nov 2001£50,50029.49%
27 Jun 1997£39,000First Sale
5 SHAFTOE CLOSETerraced, LeaseholdArea: 69 Sq.mtrAge: 1976-198210 May 2007£117,000First Sale
37 SHAFTOE CLOSETerraced, LeaseholdArea: 60 Sq.mtrAge: 1983-199012 Apr 2006£123,00093.70%
15 Jul 2002£63,50047.67%
29 Mar 2000£43,000-68.15%
14 May 2024£135,000First Sale
13 SHAFTOE CLOSETerraced, LeaseholdArea: 56.86 Sq.mtrAge: 1976-198202 Dec 2005£105,00032.91%
26 Sep 2003£79,00097.75%
03 Oct 1999£39,950First Sale
36 SHAFTOE CLOSETerraced, Leasehold30 Jan 2004£86,0002.38%
20 Jun 2003£84,000First Sale
17 SHAFTOE CLOSETerraced, LeaseholdArea: 58.32 Sq.mtrAge: 1976-198231 Oct 2003£81,50077.17%
14 Jun 2003£46,0005.75%
05 May 2000£43,50031.82%
04 Apr 1997£33,000First Sale
18 SHAFTOE CLOSETerraced, Leasehold31 Oct 2003£81,000110.39%
15 Oct 1999£38,500First Sale
30 SHAFTOE CLOSETerraced, Leasehold04 Oct 2002£76,00052.00%
29 Oct 1997£50,000First Sale
34 SHAFTOE CLOSETerraced, Leasehold29 Oct 2001£52,50029.63%
08 May 1998£40,500First Sale
14 SHAFTOE CLOSETerraced, LeaseholdArea: 57 Sq.mtrAge: 1983-199002 Jul 2001£40,500First Sale
28 SHAFTOE CLOSETerraced, Leasehold03 Nov 2000£58,500First Sale
25 SHAFTOE CLOSETerraced, LeaseholdArea: 66 Sq.mtrAge: 1976-198220 Apr 2000£42,500First Sale
32 SHAFTOE CLOSETerraced, Leasehold21 Dec 1999£42,500First Sale
31 SHAFTOE CLOSETerraced, LeaseholdArea: 73 Sq.mtrAge: 1991-199502 Jul 1999£52,500First Sale
27 SHAFTOE CLOSETerraced, Freehold27 Sep 1996£46,000First Sale
15 SHAFTOE CLOSETerraced, LeaseholdArea: 56 Sq.mtrAge: 1976-198220 Dec 1995£37,800First Sale

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

SHAFTOE CLOSE, NE40 4UT Near By properties

Interactive Map

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

  • Detached
    • The average price is around £195,497 median price is £191,500 Standard Deviation is £92,545 with Total Sold: 424
    • The Last 5 Year average price is £274,687 with Total Sold: 130
    • 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 £86,309 median price is £87,500 Standard Deviation is £43,351 with Total Sold: 1,546
    • The Last 5 Year average price is £118,629 with Total Sold: 263
    • 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 £107,418 median price is £103,000 Standard Deviation is £56,443 with Total Sold: 576
    • The Last 5 Year average price is £160,541 with Total Sold: 106
    • 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 , 5 BUTTERFIELD CLOSE: £49,000 (Sold on 13 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 £513,638 median price is £164,250 Standard Deviation is £1,477,038 with Total Sold: 38
    • The Last 5 Year average price is £460,730 with Total Sold: 28
    • 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£245,333 £3,544 6
2023£272,441 £2,842 17
2022£289,589 £2,902 14
2021£272,050 £2,515 29
2020£268,495 £2,313 27
2019£281,424 £2,157 37
2018£262,229 £2,200 34
2017£237,412 £2,238 17
2016£213,700 £2,127 10
2015£217,889 £2,353 9
2014£212,992 £2,167 12
2013£157,714 £1,726 14
2012£177,875 £1,768 8
2011£190,400 £2,368 5
2010£196,658 £2,186 6
2009£249,000 £1,904 1
2008£233,990 £2,565 5
2007£204,320 £1,688 10
2006£181,174 £1,755 17
2005£206,000 £2,147 10
2004£136,833 £1,869 9
2003£149,419 £1,614 13
2002£124,800 £1,196 20
2001£89,430 £858 15
2000£93,489 £956 9
1999£73,081 £716 13
1998£82,250 £845 21
1997£80,115 £847 17
1996£67,962 £649 13
1995£72,500 £622 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£134,582 £2,304 18
2023£119,639 £1,525 35
2022£125,128 £1,670 51
2021£118,482 £1,528 56
2020£109,202 £1,459 59
2019£116,593 £1,519 44
2018£107,677 £1,499 48
2017£109,917 £1,430 39
2016£112,229 £1,529 42
2015£108,564 £1,337 38
2014£100,849 £1,375 37
2013£118,365 £1,517 67
2012£91,332 £1,291 26
2011£112,200 £1,538 25
2010£109,610 £1,543 42
2009£105,098 £1,335 20
2008£130,998 £1,698 24
2007£115,992 £1,677 67
2006£115,433 £1,586 76
2005£105,105 £1,523 62
2004£100,154 £1,403 49
2003£78,542 £1,063 77
2002£56,931 £790 96
2001£47,363 £654 92
2000£41,031 £566 72
1999£37,914 £538 63
1998£37,557 £517 61
1997£37,910 £508 60
1996£34,312 £496 60
1995£36,068 £510 40
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£137,917 £2,440 12
2023£167,731 £2,309 13
2022£178,766 £2,295 15
2021£150,705 £2,068 22
2020£173,835 £1,977 23
2019£151,748 £2,040 21
2018£163,193 £1,904 21
2017£118,919 £1,691 24
2016£122,167 £1,686 9
2015£123,850 £1,692 14
2014£121,945 £1,865 19
2013£139,720 £1,632 20
2012£112,431 £1,592 8
2011£155,496 £2,081 12
2010£132,860 £1,545 10
2009£115,086 £1,683 11
2008£116,038 £1,637 12
2007£161,134 £1,898 22
2006£125,897 £1,674 30
2005£117,878 £1,970 12
2004£124,175 £1,853 14
2003£93,683 £1,406 29
2002£70,839 £1,011 31
2001£54,177 £764 28
2000£52,430 £827 23
1999£49,295 £613 21
1998£50,534 £699 22
1997£46,360 £729 30
1996£42,891 £566 24
1995£49,990 £594 24
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£121,165 £1,207 10
2020£1,785,626 £38,786 5
2019£374,668 £2,651 4
2018£270,517 £2,500 2
2017£219,417 £1,990 6
2016£2,380,125 £42,035 2

House Type in NE40 4UT area

The most common house types in the NE40 4UT postcode area are Detached (49), Terraced (37), and Semi-detached (29).

Total131
Detached49
Terraced37
Semi-detached29
Flat14
Shared house1
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (65), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright65
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency22
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE40 4UT have 2 people in household (50), and 1 person in household (45).

2 people in household50
1 person in household45
3 people in household18
4 people in household11
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0