Housing Market Analysis for PROSPECT TERRACE, NE9 7YE

Are you looking to understand NE9 7YE 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 NE9 7YE area, explore the NE9 7YE Area information page.
For comprehensive crime statistics in the NE9 7YE area, explore the NE9 7YE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE9 7YE postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £115,472 median price is £130,000 Standard Deviation is £45,005 with Total Sold: 34
    • The Last 5 Year average price is £160,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 11 PROSPECT TERRACE: £123,500 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is 14 PROSPECT TERRACE: £211,000 (Sold on 05 Feb 2024)
  • Detached
    • The average price is around £100,000 median price is £100,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is RICHMOND HOUSE PROSPECT TERRACE: £100,000 (Sold on 20 Oct 2014)
    • The first recorded sale happened at this postcode is RICHMOND HOUSE PROSPECT TERRACE: £100,000 (Sold on 20 Oct 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average NE9 7YE 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£123,500 £1,548 1
2021£145,500 £2,049 1
2018£151,500 £2,424 2
2017£167,000 £2,456 1
2015£164,000 £2,412 1
2014£127,000 £1,868 1
2013£155,000 £2,214 1
2012£158,500 £2,239 1
2008£160,975 £2,285 2
2007£138,000 £1,971 1
2006£139,000 £2,052 4
2005£126,750 £1,736 2
2004£134,000 £2,071 2
2002£87,833 £1,158 3
2001£67,633 £1,327 3
2000£59,9501
1999£67,750 £1,125 1
1997£47,500 £741 2
1995£48,333 £733 3
2024£211,000 £3,014 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£100,0001

All the Sales in the PROSPECT TERRACE, NE9 7YE

See the table below for more details on the sold house prices in the NE9 7YE, Gateshead postcode.

AddressSold DatePrice% Change
11 PROSPECT TERRACETerraced, FreeholdArea: 79.8 Sq.mtrAge: before 190003 Nov 2023£123,500-10.83%
24 Mar 2005£138,50063.91%
30 Apr 2002£84,500First Sale
4 PROSPECT TERRACETerraced, FreeholdArea: 71 Sq.mtrAge: 1900-192922 Oct 2021£145,500First Sale
3 PROSPECT TERRACETerraced, Freehold15 Jun 2018£157,000-3.09%
30 May 2008£162,0009.09%
30 Jun 2006£148,500118.54%
27 Jul 2001£67,950First Sale
12 PROSPECT TERRACETerraced, FreeholdArea: 60.24 Sq.mtrAge: 1900-192909 Feb 2018£146,000-5.81%
23 Nov 2006£155,00014.81%
31 Mar 2004£135,00068.86%
26 Oct 2001£79,95018.01%
30 Apr 1999£67,75018.86%
11 Jul 1997£57,0004.59%
21 Jul 1995£54,500First Sale
1 PROSPECT TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: before 190029 Sep 2017£167,0001.83%
24 Jul 2015£164,00029.13%
29 Aug 2014£127,000First Sale
RICHMOND HOUSE PROSPECT TERRACEDetached, Freehold20 Oct 2014£100,000First Sale
5 PROSPECT TERRACETerraced, FreeholdArea: 70 Sq.mtrAge: before 190018 Jan 2013£155,000-3.09%
18 Apr 2008£159,950299.88%
26 May 1995£40,000First Sale
2 PROSPECT TERRACETerraced, FreeholdArea: 70.8 Sq.mtrAge: 1900-192903 Feb 2012£158,5007.46%
08 Dec 2006£147,50065.73%
26 Apr 2002£89,000134.21%
10 Feb 1997£38,000First Sale
6 PROSPECT TERRACETerraced, FreeholdArea: 70 Sq.mtrAge: 1900-192910 Jan 2007£138,0003.76%
19 Apr 2004£133,000163.37%
11 Aug 1995£50,500First Sale
14 PROSPECT TERRACETerraced, FreeholdArea: 70 Sq.mtrAge: before 190001 Feb 2006£105,000-50.24%
05 Feb 2024£211,000First Sale
16 PROSPECT TERRACETerraced, Freehold09 May 2005£115,000First Sale
9 PROSPECT TERRACETerraced, Freehold12 Jul 2002£90,00050.13%
07 Jan 2000£59,950First Sale
8 PROSPECT TERRACETerraced, Freehold17 Aug 2001£55,000First Sale

Check out the sold house prices near the NE9 7YE postcode. Properties currently for saleProperties currently for rent

PROSPECT TERRACE, NE9 7YE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE9 7YE 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 NE9 7YE postcode.

  • Terraced
    • The average price is around £122,466 median price is £129,225 Standard Deviation is £58,385 with Total Sold: 280
    • The Last 5 Year average price is £171,228 with Total Sold: 66
    • The most recent sale happened at this postcode is , 18 SANDY LANE: £190,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 9 SANDY LANE: £53,350 (Sold on 05 Jan 1995)
  • Detached
    • The average price is around £208,847 median price is £167,000 Standard Deviation is £148,016 with Total Sold: 38
    • The Last 5 Year average price is £362,338 with Total Sold: 8
    • The most recent sale happened at this postcode is 2, VALE VIEW ROCKCLIFFE WAY: £367,140 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is 3, EIGHTON COTTAGE GALLOPING GREEN ROAD: £120,000 (Sold on 13 Apr 1995)
  • Flat
    • The average price is around £85,733 median price is £88,225 Standard Deviation is £26,212 with Total Sold: 6
    • The Last 5 Year average price is £91,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 9 THOMAS STREET: £76,500 (Sold on 29 Jul 2022)
    • The first recorded sale happened at this postcode is 3, RED LION BUILDINGS : £46,950 (Sold on 14 Feb 1997)
  • Semi-Detached
    • The average price is around £158,567 median price is £144,500 Standard Deviation is £81,924 with Total Sold: 36
    • The Last 5 Year average price is £191,400 with Total Sold: 5
    • The most recent sale happened at this postcode is , ANDORS ROCKCLIFFE WAY: £325,000 (Sold on 21 Jan 2022)
    • The first recorded sale happened at this postcode is , 2 THE HAWTHORNS: £57,000 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £436,200 median price is £460,000 Standard Deviation is £254,888 with Total Sold: 5
    • The Last 5 Year average price is £657,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , MOUNT FARM THE MOUNT: £855,000 (Sold on 16 Jun 2020)
    • The first recorded sale happened at this postcode is , THE ENGINE ROOM ROCKCLIFFE WAY: £321,000 (Sold on 06 Jan 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£192,967 £2,358 9
2023£159,706 £2,139 9
2022£193,735 £2,229 17
2021£158,745 £2,126 10
2020£165,102 £1,868 10
2019£145,000 £1,724 11
2018£182,445 £2,004 10
2017£148,850 £2,124 7
2016£137,825 £1,797 12
2015£127,438 £1,727 12
2014£165,062 £1,812 8
2013£148,114 £2,185 7
2012£157,833 £1,759 3
2011£142,700 £1,770 5
2010£128,700 £1,681 5
2009£161,250 £1,739 2
2008£163,967 £2,285 3
2007£136,272 £1,869 9
2006£157,495 £1,906 11
2005£143,667 £1,973 12
2004£118,100 £1,816 10
2003£107,417 £1,209 6
2002£83,577 £1,044 13
2001£64,818 £839 11
2000£61,231 £803 9
1999£56,638 £680 16
1998£62,611 £689 9
1997£48,615 £676 10
1996£46,375 £499 10
1995£47,075 £614 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,713 £3,144 3
2023£439,187 £2,221 3
2022£180,000 £2,338 1
2020£169,000 £1,779 1
2018£270,000 £2,328 1
2014£100,0001
2013£231,000 £1,471 1
2012£485,000 £2,038 1
2010£187,500 £969 2
2009£237,5001
2008£312,833 £1,642 3
2007£165,000 £1,737 1
2005£230,0001
2004£212,500 £2,203 2
2003£229,0002
2000£67,500 £584 2
1999£83,333 £587 3
1998£81,333 £605 3
1997£93,000 £393 2
1996£97,5001
1995£70,000 £97 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£76,500 £1,297 1
2020£107,000 £1,814 1
2005£110,975 £1,548 2
2001£62,000 £713 1
1997£46,950 £540 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£325,000 £3,155 1
2020£161,667 £2,192 3
2019£147,000 £2,410 1
2018£185,333 £2,018 3
2016£169,975 £1,899 2
2015£304,500 £1,958 2
2013£253,500 £1,360 2
2011£143,333 £1,649 3
2010£159,975 £1,970 2
2009£142,000 £1,579 2
2008£260,000 £2,203 1
2007£97,000 £1,590 1
2006£160,000 £2,319 1
2004£125,333 £1,377 3
2003£170,0001
2002£75,0001
2000£105,000 £890 1
1999£51,7502
1998£132,0001
1997£120,000 £839 1
1995£53,500 £602 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£855,0001
2019£460,000 £2,599 1
2017£70,000 £227 1
2016£475,000 £2,047 1
2015£321,0001

House Type in NE9 7YE area

The most common house types in the NE9 7YE postcode area are Terraced (98), Detached (13), and Flat (13).

Total131
Terraced98
Detached13
Flat13
Semi-detached6
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright54
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency17
Social rented: Rents from council or Local Authority11
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE9 7YE have 1 person in household (51), and 2 people in household (51).

1 person in household51
2 people in household51
3 people in household16
4 people in household10
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0