Housing Market Analysis for NE41 8JE

Are you looking to understand NE41 8JE 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 NE41 8JE area, explore the NE41 8JE Area information page.
For comprehensive crime statistics in the NE41 8JE area, explore the NE41 8JE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE41 8JE postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £214,650 median price is £94,000 Standard Deviation is £173,497 with Total Sold: 3
    • The Last 5 Year average price is £460,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, CASTLE HILL COTTAGES: £460,000 (Sold on 28 Nov 2022)
    • The first recorded sale happened at this postcode is 2, CASTLE HILL COTTAGES: £89,950 (Sold on 22 Sep 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE41 8JE 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
2022£460,000 £5,476 1
2000£91,975 £906 2

All the Sales in the NE41 8JE

See the table below for more details on the sold house prices in the NE41 8JE, Gateshead postcode.

AddressSold DatePrice% Change
2, CASTLE HILL COTTAGESSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1900-192928 Nov 2022£460,000411.40%
22 Sep 2000£89,950First Sale
1, CASTLE HILL COTTAGESSemi-Detached, FreeholdArea: 126.8 Sq.mtrAge: 1930-194906 Oct 2000£94,000First Sale

Check out the sold house prices near the NE41 8JE postcode. Properties currently for saleProperties currently for rent

NE41 8JE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE41 8JE 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 NE41 8JE postcode.

  • Flat
    • The average price is around £185,456 median price is £175,000 Standard Deviation is £61,468 with Total Sold: 125
    • The Last 5 Year average price is £219,794 with Total Sold: 31
    • The most recent sale happened at this postcode is 25, CASTLE HILL HOUSE : £155,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is 8, CASTLE HILL HOUSE : £212,000 (Sold on 05 May 2000)
  • Detached
    • The average price is around £442,717 median price is £370,000 Standard Deviation is £273,794 with Total Sold: 50
    • The Last 5 Year average price is £801,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , WYLAM WOOD HOUSE WYLAM WOOD ROAD: £1,100,000 (Sold on 06 Mar 2024)
    • The first recorded sale happened at this postcode is , MANDALE HOUSE ELM BANK ROAD: £255,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £417,162 median price is £417,500 Standard Deviation is £213,836 with Total Sold: 38
    • The Last 5 Year average price is £651,286 with Total Sold: 7
    • The most recent sale happened at this postcode is THE STEADINGS, CASTLE HILL FARM : £700,000 (Sold on 31 Aug 2023)
    • The first recorded sale happened at this postcode is , THE HOLLIES ELM BANK ROAD: £200,000 (Sold on 31 Jan 1996)
  • Terraced
    • The average price is around £401,333 median price is £473,750 Standard Deviation is £188,185 with Total Sold: 6
    • The Last 5 Year average price is £586,250 with Total Sold: 2
    • The most recent sale happened at this postcode is , HILLSIDE WYLAM WOOD ROAD: £575,000 (Sold on 12 Sep 2022)
    • The first recorded sale happened at this postcode is , HILLSIDE WYLAM WOOD ROAD: £123,000 (Sold on 14 Jul 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,500 £3,054 4
2023£228,125 £2,749 4
2022£240,493 £2,908 7
2021£223,875 £2,432 8
2020£199,500 £2,521 4
2019£179,665 £1,778 4
2018£155,000 £2,039 2
2017£250,000 £2,252 1
2016£253,000 £2,399 2
2015£178,250 £2,400 2
2014£204,167 £2,231 3
2013£187,000 £1,889 1
2012£252,500 £1,925 3
2010£202,000 £2,740 1
2009£171,250 £2,374 2
2008£265,0002
2007£220,1673
2006£208,667 £2,676 6
2005£172,1673
2004£199,04510
2003£189,7758
2002£133,3624
2001£143,05722
2000£141,895 £1,584 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,100,000 £3,274 1
2022£922,000 £2,820 1
2021£650,000 £3,078 1
2020£535,000 £4,141 1
2017£245,000 £2,130 1
2016£760,000 £3,892 1
2014£930,000 £2,690 2
2013£787,500 £2,853 2
2012£382,000 £2,797 1
2010£509,500 £2,412 1
2008£1,000,000 £5,155 1
2007£553,561 £2,092 9
2006£443,0001
2005£212,0001
2004£645,000 £2,067 1
2003£385,000 £1,820 2
2001£286,000 £1,899 5
1999£255,875 £964 8
1998£220,960 £797 5
1997£215,000 £563 1
1996£165,0002
1995£209,250 £817 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£802,500 £2,965 2
2022£460,000 £5,476 1
2021£661,000 £3,224 1
2020£618,000 £1,878 1
2019£607,500 £3,292 2
2018£639,000 £2,943 2
2016£625,000 £3,094 1
2015£587,333 £2,386 3
2014£340,000 £2,051 2
2013£413,250 £2,128 2
2010£545,000 £2,338 2
2007£632,5001
2006£490,0002
2004£400,0001
2002£302,0002
2001£228,233 £1,166 3
2000£91,975 £906 2
1999£191,1254
1998£265,0001
1997£187,0001
1996£165,000 £660 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£586,250 £3,221 2
2017£470,000 £2,765 1
2008£477,5001
2000£165,000 £917 1
1995£123,000 £683 1

House Type in NE41 8JE area

The most common house types in the NE41 8JE postcode area are Detached (57), Semi-detached (38), and Flat (26).

Total153
Detached57
Semi-detached38
Flat26
Terraced17
converted building8
Shared house5
commercial building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (69), and Owned: Owns outright (62).

Owned: Owns with a mortgage or loan69
Owned: Owns outright62
Private rented: Private landlord or letting agency18
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE41 8JE have 2 people in household (61), and 1 person in household (33).

2 people in household61
1 person in household33
3 people in household31
4 people in household21
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0