marketcodeSold price per m²
£2,194/m² 12 months to Apr 2026
221 sales
+0.8% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Postcode district
NE40 property market
Sold £2,194/m² · Median sold £196,387 (221 sales) · Index +0.8% y/y · Turnover 3.2% · 12 months, sales to Apr 2026, listings to Aug 2026
What is NE40?
- Buildings
- 7,014
- Mixed-use buildings
- 64%
- HMO-shaped units
- 0.0%
What does NE40 cost?
NE40: sold price per m² £2,194/m² (12 months to Apr 2026, 221 sales). +0.8% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sold price
£196,387 12 months to Apr 2026
221 sales
+0.8% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£213,503 12 months to Aug 2026
521 listings
-14% on the previous 12 months.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does NE40 earn?
NE40: asking rent £828 a month (12 months to Jul 2026, 61 lets).
Asking rent
£828 a month 12 months to Jul 2026
61 lets
Gross yield, asking basis
4.3% 12 months to Aug 2026
100 lets
+7.3% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
How does NE40 vary by home size?
Asking price in NE40 runs from £132,325 for 2 bedrooms to £369,893 for 4 bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £132,325 | 12 months to Aug 2026 | -2.9% on the previous 12 months | 169 |
| 3 bedrooms | £222,227 | 12 months to Aug 2026 | +2.5% on the previous 12 months | 220 |
| 4 bedrooms | £369,893 | 12 months to Aug 2026 | -0.1% on the previous 12 months | 106 |
| 5+ bedrooms | Not published | — | — | — |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is NE40?
NE40: turnover 3.2% (12 months to Dec 2025, 256 sales). +8.5% on the previous 12 months.
Turnover
3.2% 12 months to Dec 2025
256 sales
+8.5% on the previous 12 months.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
334 12 months to Jan 2026
334 sales
+4.7% on the previous 12 months.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
393 12 months to Jul 2026
393 listings
Who is active in NE40?
15 agents listed homes for sale in NE40; the three largest took 67% of the listings.
- Agents active
- 15
- Top three agents’ share
- 67%
- New homes among listings
- 11%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns NE40?
Corporate landlords hold 83% of the 324 units in NE40 whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords83% of classified · 268 units
- Housing associations11% of classified · 35 units
- Individuals (not traceable in bulk)5.6% of classified · 18 units
- RMC0.9% of classified · 3 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does NE40 rank?
NE40 ranks 2nd of 9 postcode districts in Gateshead for sold price per m², at £2,194/m².
Sold price per m² · postcode districts in Gateshead
NE40 ranks 2nd of 9 postcode districts in Gateshead for sold price per m², at £2,194/m².
| # | Area | Sold price per m² | Sample | Tier |
|---|---|---|---|---|
| 1 | NE16 | £2,286/m² | 304 | measured |
| 2 | NE40 | £2,194/m² | 221 | measured |
| 3 | NE39 | £2,178/m² | 109 | measured |
| 4 | NE9 | £2,160/m² | 316 | measured |
| 5 | NE21 | £2,034/m² | 201 | measured |
Full table: sold price per m² across postcode districts in Gateshead →
Gross yield, asking basis · postcode districts in Gateshead
NE40 ranks 9th of 9 postcode districts in Gateshead for gross yield, asking basis, at 4.3%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | NE17 | 10% | 133 | measured |
| 2 | NE8 | 8.3% | 1,253 | measured |
| 3 | NE10 | 6.5% | 330 | measured |
| 4 | NE11 | 5.7% | 161 | measured |
| 5 | NE21 | 5.6% | 125 | measured |
| 9 | NE40 | 4.3% | 100 | measured |
Full table: gross yield, asking basis across postcode districts in Gateshead →
Turnover · postcode districts in Gateshead
NE40 ranks 2nd of 9 postcode districts in Gateshead for turnover, at 3.2%.
| # | Area | Turnover | Sample | Tier |
|---|---|---|---|---|
| 1 | NE17 | 4.3% | 110 | measured |
| 2 | NE40 | 3.2% | 256 | measured |
| 3 | NE16 | 2.9% | 344 | measured |
| 4 | NE39 | 2.9% | 122 | measured |
| 5 | NE21 | 2.8% | 243 | measured |
Full table: turnover across postcode districts in Gateshead →
Where next from NE40?
- GatesheadThe wider market this area sits in.
- NE10Neighbouring postcode district · £2,819/m²
- NE11Neighbouring postcode district · £1,981/m²
- NE16Neighbouring postcode district · £2,719/m²
- NE17Neighbouring postcode district · £1,260/m²
- NE21Neighbouring postcode district · £1,758/m²
- NE39Neighbouring postcode district · £2,468/m²
- NE8Neighbouring postcode district · £1,729/m²
- NE9Neighbouring postcode district · £2,000/m²
- NE15Next door, in another authority · £2,308/m²
- NE41Next door, in another authority · £3,438/m²
- NE42Next door, in another authority · £2,168/m²
- NE43Next door, in another authority · £2,965/m²
Questions about NE40
- What is the median house price in NE40?
- Homes in NE40 sold for a median £196,387 over the 12 months to Apr 2026, 221 sales. Per square metre that is £2,194/m². Registered completions, not asking prices.
- How have house prices in NE40 changed?
- +0.8% over the year to Dec 2025 by the house price index, which follows the same homes over time.
- What is the average rent in NE40?
- Homes to let in NE40 asked a median £828 a month over the 12 months to Jul 2026, 61 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in NE40?
- 4.3% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 100 lets. +7.3% on the previous 12 months.
- How quickly do homes sell in NE40?
- 3.2% of the homes in NE40 changed hands over the 12 months to Dec 2025, 256 sales.
Everything else about NE40
- Properties in NE40Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in NE40Footprints, heights and the units inside them.
- Land and plots in NE40Registered parcels with their area, tenure and what stands on them.
- Homes for sale in NE40What is on the market right now, with the evidence beside each asking price.
- Homes to rent in NE40What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in NE40Registered completions from Price Paid, newest first.
- Planning applications in NE40What was proposed, who decided it and whether it was approved.
- Estate agents active in NE40Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Apr 2026 | Apr 2026 | 221 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Apr 2026 | Apr 2026 | 221 sales |
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 521 listings |
| Asking price per m² | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 393 listings |
| Asking to sold | Portal listings, monthly rollup | 12 months to Mar 2024 | Mar 2024 | 54 matched sales |
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 61 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 100 lets |
| Turnover | MarketCode market evidence | 12 months to Dec 2025 | Dec 2025 | 256 sales |
| Completed sales | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 334 sales |
| Listings for sale | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 393 listings |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 368 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 153 listings |
| Live listings | MarketCode market evidence | on 21 Sep 2026 | 21 Sep 2026 | — |
| Days to completion | first listing to registered completion, over the registry-matched subset; not a sell-through rate | 12 months to Mar 2024 | Mar 2024 | 54 matched sales |
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.