Housing Market Analysis for WILLIES WELL, NE41 8JJ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £360,000 median price is £360,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £360,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WEST COTTAGE WILLIES WELL: £360,000 (Sold on 17 May 2019)
    • The first recorded sale happened at this postcode is WEST COTTAGE WILLIES WELL: £360,000 (Sold on 17 May 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average NE41 8JJ 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
2019£360,000 £4,045 1

All the Sales in the WILLIES WELL, NE41 8JJ

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

AddressSold DatePrice% Change
WEST COTTAGE WILLIES WELLSemi-Detached, FreeholdArea: 89 Sq.mtrAge: before 190017 May 2019£360,000First Sale

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

WILLIES WELL, NE41 8JJ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £113,995 median price is £121,000 Standard Deviation is £48,812 with Total Sold: 47
    • The Last 5 Year average price is £168,286 with Total Sold: 7
    • The most recent sale happened at this postcode is , 7 HORSLEY AVENUE: £128,000 (Sold on 18 Dec 2023)
    • The first recorded sale happened at this postcode is , 1 HINDLEY CLOSE: £53,000 (Sold on 18 Aug 1995)
  • Detached
    • The average price is around £202,063 median price is £215,000 Standard Deviation is £111,677 with Total Sold: 35
    • The Last 5 Year average price is £279,999 with Total Sold: 6
    • The most recent sale happened at this postcode is , 5 STONEYLEA CLOSE: £285,000 (Sold on 05 Dec 2023)
    • The first recorded sale happened at this postcode is , THE RISE, 44 OLD MAIN STREET: £73,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £151,889 median price is £150,000 Standard Deviation is £78,397 with Total Sold: 64
    • The Last 5 Year average price is £233,875 with Total Sold: 12
    • The most recent sale happened at this postcode is , 2 STONEYLEA CLOSE: £170,000 (Sold on 03 Oct 2023)
    • The first recorded sale happened at this postcode is , 7 HINDLEY CLOSE: £46,300 (Sold on 20 Feb 1995)
  • Other
    • The average price is around £9,905 median price is £9,905 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 3 HINDLEY CLOSE: £9,905 (Sold on 11 Jul 2018)
    • The first recorded sale happened at this postcode is , 3 HINDLEY CLOSE: £9,905 (Sold on 11 Jul 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£151,500 £1,772 2
2021£175,000 £2,059 1
2020£165,000 £1,619 3
2019£205,000 £1,857 1
2018£149,000 £1,621 2
2016£168,375 £1,801 4
2015£170,000 £1,789 1
2014£139,000 £1,499 3
2013£156,000 £1,347 1
2009£121,000 £1,166 1
2007£158,500 £1,319 1
2006£135,0001
2005£158,500 £1,632 2
2004£155,0001
2003£110,000 £1,222 1
2002£86,242 £882 6
2001£74,475 £889 2
2000£68,225 £727 2
1999£55,0001
1998£63,333 £688 3
1997£55,975 £623 4
1996£44,0001
1995£51,000 £641 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£285,000 £2,336 1
2022£327,500 £2,928 2
2020£207,498 £2,740 2
2019£325,000 £1,764 1
2016£210,750 £2,222 2
2015£239,000 £2,307 2
2014£230,000 £2,396 1
2013£219,350 £2,337 2
2011£240,500 £2,069 2
2010£438,500 £1,271 2
2009£162,500 £1,101 2
2007£249,9991
2006£242,5002
2005£225,000 £1,949 2
2002£135,000 £1,055 1
2000£90,000 £802 2
1999£98,0001
1998£52,5001
1997£86,500 £574 3
1996£79,0002
1995£73,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£193,000 £2,320 4
2022£277,500 £3,215 2
2021£262,500 £2,533 2
2020£205,000 £1,916 1
2019£249,833 £2,848 3
2018£224,983 £2,096 3
2017£162,500 £1,647 3
2016£190,000 £1,319 1
2015£208,333 £1,603 3
2014£125,000 £1,582 1
2013£125,000 £962 1
2012£205,000 £2,356 1
2010£160,000 £1,946 1
2009£167,5003
2008£183,5001
2007£172,333 £2,578 3
2006£249,950 £2,577 1
2005£212,983 £2,251 3
2004£136,600 £1,678 4
2003£131,0002
2001£67,487 £680 4
2000£71,000 £664 1
1999£69,090 £702 5
1998£52,000 £663 1
1997£75,590 £600 5
1996£52,0002
1995£67,100 £590 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£9,9051

House Type in NE41 8JJ area

The most common house types in the NE41 8JJ 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 8JJ 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