Housing Market Analysis for NE41 8JG

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

Overview of Sold House prices

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

Flat
- The average price is around £177,692 median price is £167,750 Standard Deviation is £58,997 with Total Sold: 112
- The Last 5 Year average price is £196,287 with Total Sold: 18
- The most recent sale happened at this postcode is 35, CASTLE HILL HOUSE: £297,500 (Sold on 28 Nov 2023)
- 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 £345,286 median price is £248,000 Standard Deviation is £199,657 with Total Sold: 7
- The most recent sale happened at this postcode is ROSE COTTAGE, CASTLE HILL HOUSE: £760,000 (Sold on 07 Oct 2016)
- The first recorded sale happened at this postcode is WOODRUFF, CASTLE HILL HOUSE: £180,000 (Sold on 27 Apr 2001)
Semi-Detached
- The average price is around £289,100 median price is £289,100 Standard Deviation is £110,900 with Total Sold: 2
- The most recent sale happened at this postcode is THE LODGE: £400,000 (Sold on 28 Sep 2004)
- The first recorded sale happened at this postcode is WOOD SORREL, CASTLE HILL HOUSE: £178,200 (Sold on 30 Nov 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE41 8JG 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£215,833	£2,749	3
2024	£215,750		4
2022	£185,333	£2,791	3
2021	£212,667	£2,259	3
2020	£180,000	£2,230	2
2019	£156,220	£1,778	3
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	£265,000		2
2007	£220,167		3
2006	£208,667	£2,676	6
2005	£172,167		3
2004	£199,045		10
2003	£189,775		8
2002	£133,362		4
2001	£143,057		22
2000	£141,895	£1,584	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£760,000	£3,892	1
2012	£382,000	£2,797	1
2007	£248,000		1
2005	£212,000		1
2001	£271,667	£2,433	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£400,000		1
2001	£178,200		1

All the Sales in the NE41 8JG

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

Address	Sold Date	Price	% Change
35, CASTLE HILL HOUSEFlat, LeaseholdArea: 78 Sq.mtrAge: 1996-2002	28 Nov 2023	£297,500	85.94%
	31 Oct 2014	£160,000	-14.44%
	02 Apr 2004	£187,000	36.50%
	11 May 2001	£137,000	First Sale
25, CASTLE HILL HOUSEFlat, Leasehold	28 Mar 2024	£155,000	34.78%
25, CASTLE HILL HOUSEFlat, Leasehold	30 Mar 2001	£115,000	First Sale
3, CASTLE HILL HOUSEFlat, Leasehold	27 Mar 2024	£350,000	7.69%
	28 May 2021	£325,000	71.05%
	25 Oct 2019	£190,000	-34.48%
	23 Mar 2001	£290,000	First Sale
24, CASTLE HILL HOUSEFlat, Leasehold	26 Mar 2024	£179,000	0.0
	26 Mar 2024	£179,000	55.65%
	20 Apr 2001	£115,000	First Sale
42, CASTLE HILL HOUSEFlat, LeaseholdArea: 78 Sq.mtrAge: 1996-2002	01 Aug 2023	£180,000	17.65%
	18 Feb 2021	£153,000	18.92%
	16 Aug 2019	£128,660	-19.59%
	31 Aug 2018	£160,000	-8.57%
	16 Apr 2012	£175,000	18.24%
	17 Mar 2003	£148,000	13.85%
	15 Jun 2001	£130,000	First Sale
15, CASTLE HILL HOUSEFlat, LeaseholdArea: 80 Sq.mtrAge: 2003-2006	13 Jun 2023	£170,000	-5.56%
	07 Sep 2009	£180,000	50.00%
	14 Jul 2000	£120,000	First Sale
27, CASTLE HILL HOUSEFlat, LeaseholdArea: 62 Sq.mtrAge: 1996-2002	28 Sep 2022	£188,000	12.24%
	30 Jun 2004	£167,500	21.38%
	09 Dec 2002	£138,000	25.45%
	16 Feb 2001	£110,000	First Sale
38, CASTLE HILL HOUSEFlat, LeaseholdArea: 65 Sq.mtrAge: 1991-1995	01 Jul 2022	£177,000	18.00%
	12 Apr 2019	£150,000	-10.71%
	22 Oct 2004	£168,000	40.64%
	07 Dec 2001	£119,450	First Sale
17, CASTLE HILL HOUSEFlat, LeaseholdArea: 73 Sq.mtrAge: 2003-2006	20 Jun 2022	£191,000	6.14%
	17 Aug 2004	£179,950	38.42%
	04 Apr 2003	£130,000	23.81%
	10 Nov 2000	£105,000	First Sale
16, CASTLE HILL HOUSEFlat, LeaseholdArea: 65 Sq.mtrAge: 1996-2002	21 May 2021	£160,000	-8.57%
	30 Oct 2006	£175,000	34.62%
	28 Sep 2001	£130,000	First Sale
19, CASTLE HILL HOUSEFlat, LeaseholdArea: 92.3 Sq.mtrAge: 1996-2002	21 Dec 2020	£190,000	-21.81%
	09 Dec 2004	£243,000	73.57%
	17 Nov 2000	£140,000	First Sale
14, CASTLE HILL HOUSEFlat, LeaseholdArea: 70.78 Sq.mtrAge: before 1900	17 Jan 2020	£170,000	0.0
	05 Feb 2008	£170,000	17.24%
	11 Feb 2003	£145,000	20.83%
	06 Oct 2000	£120,000	First Sale
18, CASTLE HILL HOUSEFlat, LeaseholdArea: 74 Sq.mtrAge: 1991-1995	26 Oct 2018	£150,000	-14.29%
	28 May 2004	£175,000	59.09%
	22 Dec 2000	£110,000	First Sale
2, CASTLE HILL HOUSEFlat, LeaseholdArea: 111 Sq.mtrAge: before 1900	13 Sep 2017	£250,000	-3.94%
	24 Jul 2003	£260,250	55.84%
	31 May 2000	£167,000	First Sale
5, CASTLE HILL HOUSEFlat, LeaseholdArea: 62 Sq.mtrAge: 1991-1995	28 Oct 2016	£176,000	10.00%
	17 Nov 2014	£160,000	10.34%
	04 Oct 2001	£145,000	7.41%
	30 Jun 2000	£135,000	First Sale
ROSE COTTAGE, CASTLE HILL HOUSEDetached, FreeholdArea: 195.25 Sq.mtrAge: 1996-2002	07 Oct 2016	£760,000	60.00%
	23 Nov 2001	£475,000	First Sale
4, CASTLE HILL HOUSEFlat, LeaseholdArea: 168.5 Sq.mtrAge: 1996-2002	25 Feb 2016	£330,000	-0.75%
	20 Jan 2012	£332,500	51.14%
	27 Apr 2001	£220,000	First Sale
6, CASTLE HILL HOUSEFlat, LeaseholdArea: 73.72 Sq.mtrAge: 1996-2002	17 Apr 2015	£200,000	-0.99%
	12 Nov 2010	£202,000	3.59%
	01 Nov 2004	£195,000	85.71%
	27 Oct 2000	£105,000	First Sale
28, CASTLE HILL HOUSEFlat, LeaseholdArea: 75 Sq.mtrAge: 1996-2002	02 Apr 2015	£156,500	-24.76%
	08 Feb 2007	£208,000	69.11%
	17 Nov 2000	£123,000	First Sale
8, CASTLE HILL HOUSEFlat, LeaseholdArea: 142 Sq.mtrAge: 1996-2002	01 May 2014	£292,500	-0.85%
	28 Jun 2006	£295,000	18.02%
	25 Feb 2003	£249,950	17.90%
	05 May 2000	£212,000	First Sale
33, CASTLE HILL HOUSEFlat, LeaseholdArea: 99 Sq.mtrAge: 1996-2002	15 Feb 2013	£187,000	-15.00%
	16 Jul 2004	£220,000	41.94%
	27 Apr 2001	£155,000	First Sale
THE LODGEDetached, FreeholdArea: 136.58 Sq.mtrAge: 1900-1929	02 Nov 2012	£382,000	-4.50%
	28 Sep 2004	£400,000	First Sale
1, CASTLE HILL HOUSEFlat, LeaseholdArea: 160.54 Sq.mtrAge: 1996-2002	28 Sep 2012	£250,000	2.04%
	01 Dec 2000	£245,000	First Sale
39, CASTLE HILL HOUSEFlat, LeaseholdArea: 65.05 Sq.mtrAge: 1996-2002	09 Oct 2009	£162,500	24.52%
	22 Jul 2002	£130,500	2.76%
	21 Sep 2001	£127,000	First Sale
11, CASTLE HILL HOUSEFlat, Leasehold	30 May 2008	£360,000	22.03%
	06 Feb 2004	£295,000	9.26%
	28 Feb 2003	£270,000	12.52%
	26 Oct 2001	£239,950	First Sale
WOODRUFF, CASTLE HILL HOUSEDetached, Freehold	24 Sep 2007	£248,000	37.78%
WOODRUFF, CASTLE HILL HOUSEDetached, Freehold	27 Apr 2001	£180,000	First Sale
22, CASTLE HILL HOUSEFlat, Leasehold	24 Aug 2007	£182,500	65.91%
22, CASTLE HILL HOUSEFlat, Leasehold	15 Dec 2000	£110,000	First Sale
12, CASTLE HILL HOUSEFlat, Leasehold	31 Jan 2007	£270,000	100.00%
12, CASTLE HILL HOUSEFlat, Leasehold	21 Jul 2000	£135,000	First Sale
31, CASTLE HILL HOUSEFlat, Leasehold	22 Dec 2006	£168,000	49.87%
31, CASTLE HILL HOUSEFlat, Leasehold	01 Jun 2001	£112,100	First Sale
THE TURRET, CASTLE HILL HOUSEFlat, LeaseholdArea: 94 Sq.mtrAge: 1996-2002	11 Oct 2006	£250,000	56.25%
	21 Jul 2000	£160,000	First Sale
21, CASTLE HILL HOUSEFlat, Leasehold	06 Oct 2006	£180,000	63.64%
21, CASTLE HILL HOUSEFlat, Leasehold	17 Nov 2000	£110,000	First Sale
30, CASTLE HILL HOUSEFlat, Leasehold	25 Aug 2006	£184,000	41.59%
	15 Nov 2002	£129,950	6.52%
	17 Nov 2000	£122,000	First Sale
26, CASTLE HILL HOUSEFlat, Leasehold	09 Dec 2005	£195,000	0.0
	02 May 2003	£195,000	36.84%
	27 Apr 2001	£142,500	First Sale
20, CASTLE HILL HOUSEFlat, Leasehold	15 Sep 2005	£168,500	54.23%
20, CASTLE HILL HOUSEFlat, Leasehold	03 Apr 2001	£109,250	First Sale
40, CASTLE HILL HOUSEDetached, Leasehold	04 Aug 2005	£212,000	32.50%
40, CASTLE HILL HOUSEDetached, Leasehold	31 Jul 2001	£160,000	First Sale
32, CASTLE HILL HOUSEFlat, Leasehold	04 Mar 2005	£153,000	13.33%
	29 Nov 2002	£135,000	12.50%
	24 Aug 2001	£120,000	First Sale
34, CASTLE HILL HOUSEFlat, Leasehold	15 Jul 2004	£160,000	33.33%
34, CASTLE HILL HOUSEFlat, Leasehold	24 Aug 2001	£120,000	First Sale
29, CASTLE HILL HOUSEFlat, Leasehold	30 May 2003	£120,000	2.56%
29, CASTLE HILL HOUSEFlat, Leasehold	02 Mar 2001	£117,000	First Sale
WOOD SORREL, CASTLE HILL HOUSESemi-Detached, Freehold	30 Nov 2001	£178,200	First Sale
37, CASTLE HILL HOUSEFlat, Leasehold	31 Aug 2001	£130,000	First Sale
36, CASTLE HILL HOUSEFlat, Leasehold	20 Aug 2001	£123,000	First Sale
41, CASTLE HILL HOUSEFlat, Leasehold	18 May 2001	£140,000	First Sale
45, CASTLE HILL HOUSEFlat, Freehold	20 Dec 2000	£190,000	First Sale
23, CASTLE HILL HOUSEFlat, Leasehold	19 Dec 2000	£112,000	First Sale
9, CASTLE HILL HOUSEFlat, LeaseholdArea: 118 Sq.mtrAge: before 1900	19 May 2000	£175,000	First Sale

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

NE41 8JG Near By properties

Interactive Map

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

Terraced
- The average price is around £232,212 median price is £230,000 Standard Deviation is £133,877 with Total Sold: 131
- The Last 5 Year average price is £425,629 with Total Sold: 17
- The most recent sale happened at this postcode is , 14 FALCON TERRACE: £370,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 7 WEST VIEW: £50,000 (Sold on 14 Feb 1995)
Flat
- The average price is around £175,751 median price is £162,000 Standard Deviation is £62,054 with Total Sold: 149
- The Last 5 Year average price is £210,989 with Total Sold: 36
- 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 , 4 STEPHENSON COURT: £56,000 (Sold on 18 May 1995)
Detached
- The average price is around £414,552 median price is £335,000 Standard Deviation is £280,027 with Total Sold: 54
- The Last 5 Year average price is £890,667 with Total Sold: 3
- 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 £387,560 median price is £371,000 Standard Deviation is £214,159 with Total Sold: 44
- 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)
Other
- The average price is around £210,000 median price is £180,000 Standard Deviation is £152,534 with Total Sold: 3
- The Last 5 Year average price is £210,000 with Total Sold: 3
- The most recent sale happened at this postcode is , BYTHORNE FARM : £180,000 (Sold on 28 Sep 2021)
- The first recorded sale happened at this postcode is , STEPHENSONS ARMS : £410,000 (Sold on 23 Apr 2021)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£415,000		3
2023	£463,500	£2,980	2
2022	£472,500	£3,294	5
2021	£375,000	£2,765	2
2020	£432,500	£2,478	2
2019	£362,067	£2,966	3
2018	£284,167	£2,513	3
2017	£268,500	£2,737	3
2016	£315,929	£2,601	7
2015	£251,667	£2,184	3
2014	£275,612	£2,389	4
2013	£249,800	£1,948	5
2012	£219,375	£2,185	4
2011	£323,488	£2,188	4
2010	£202,500	£2,112	2
2008	£362,500	£2,610	8
2007	£270,833	£2,823	6
2006	£302,238	£2,778	4
2005	£337,667	£2,574	3
2004	£256,875	£1,865	4
2003	£211,317	£1,918	3
2002	£141,333	£1,446	6
2001	£136,571	£1,114	7
2000	£111,050	£1,133	4
1999	£109,667	£1,005	12
1998	£100,000		2
1997	£72,906	£683	8
1996	£61,833	£372	3
1995	£76,706	£676	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,500	£3,054	4
2023	£228,125	£2,749	4
2022	£224,494	£2,879	9
2021	£214,222	£2,643	9
2020	£191,600	£2,550	5
2019	£173,332	£1,862	5
2018	£155,000	£2,039	2
2017	£250,000	£2,252	1
2016	£192,250	£2,239	4
2015	£162,167	£2,322	3
2014	£166,750	£2,133	6
2013	£149,167	£2,079	3
2012	£212,375	£1,925	4
2011	£155,000	£2,672	1
2010	£174,750	£2,612	2
2009	£139,167	£2,374	3
2008	£265,000		2
2007	£220,167		3
2006	£208,667	£2,676	6
2005	£164,700	£2,839	5
2004	£199,045		10
2003	£183,578	£2,193	9
2002	£127,690	£1,718	5
2001	£139,446		23
2000	£141,895	£1,584	19
1997	£50,000	£835	1
1995	£56,000	£935	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,100,000	£3,274	1
2022	£922,000	£2,820	1
2021	£650,000	£3,078	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	£558,561	£2,092	9
2006	£299,500		2
2005	£212,000		1
2004	£645,000	£2,067	1
2003	£295,833	£1,820	3
2001	£286,000	£1,899	5
2000	£123,225	£841	2
1999	£281,333	£964	9
1998	£193,133	£891	6
1997	£152,250	£563	2
1996	£165,000		2
1995	£255,000	£817	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£472,667	£2,629	3
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	£632,500		1
2006	£378,500		3
2005	£272,500	£2,267	2
2004	£267,500		2
2002	£276,333	£1,182	3
2001	£228,233	£1,166	3
2000	£91,975	£906	2
1999	£191,125		4
1998	£265,000		1
1997	£187,000		1
1996	£165,000	£660	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£210,000	£556	3

House Type in NE41 8JG area

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

Total	153
Detached	57
Semi-detached	38
Flat	26
Terraced	17
converted building	8
Shared house	5
commercial building	2
temporary structure	0

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 loan	69
Owned: Owns outright	62
Private rented: Private landlord or letting agency	18
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

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

2 people in household	61
1 person in household	33
3 people in household	31
4 people in household	21
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0