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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE40 3LWHouse Prices / North East, Gateshead, South Close
Last updated May 2026
Key Postcode Insights
NE40 3LW is a residential postcode situated on South Close, Ryton, NE40 with 7 addresses.
It ranks as the 159th largest and 403rd most expensive of the 499 postcodes in the NE40 area.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
Key Postcode Insights
NE40 3LW is a residential postcode situated on South Close, Ryton, NE40 with 7 addresses.
It ranks as the 159th largest and 403rd most expensive of the 499 postcodes in the NE40 area.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
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House Pricesin NE40 3LW
Sale prices range from £244,307 for 3 bedroom freehold houses with a garden (1,001 ft2) to £386,621 for 5 bedroom freehold houses with a garden (2,102 ft2) .
Monthly rental prices range from £1,077 pcm for 3 bed houses to £1,478 pcm for 5 bed houses.
The gross rental yield is between 4.6% and 5.3%.
The average value per square foot is £227.
Average Sale Value
£299,759
Average Rental Value
£1,216 pcm
Average Rental Yield
4.9% /year
Average Value Per Sqft
£227 /ft2
Sales Market Trendsin NE40 3LW
The last sale in NE40 3LW sold for £190,000 on 6th October 2017. Since then prices are up an average of 26.2%.
The current average value in the postcode is £299,759.
The NE40 3LW Sales Market has increased by 27.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £299,759 |
| April 2025 | 1.5% | £299,026 |
| April 2024 | 0.7% | £294,519 |
| April 2023 | 4% | £292,424 |
| April 2022 | 7.8% | £281,051 |
| April 2021 | 3.8% | £260,645 |
| April 2020 | 2.5% | £251,086 |
| April 2019 | -1.3% | £245,025 |
| April 2018 | 4.7% | £248,141 |
| April 2017 | 0.7% | £237,043 |
| April 2016 | 2.6% | £235,470 |
| April 2015 | 5.1% | £229,419 |
| April 2014 | -0.6% | £218,377 |
| April 2013 | 2.2% | £219,732 |
| April 2012 | 0.6% | £215,066 |
| April 2011 | -2% | £213,688 |
| April 2010 | 1.9% | £217,975 |
| April 2009 | -7.9% | £213,918 |
| April 2008 | 0.6% | £232,235 |
| April 2007 | 0% | £230,851 |
Rental Market Trendsin NE40 3LW
The current average rental value in the postcode is £1,216.
The NE40 3LW Rental Market has increased by 53.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £1,216pcm |
| April 2025 | 6.1% | £1,185pcm |
| April 2024 | 7.9% | £1,116pcm |
| April 2023 | 9.5% | £1,034pcm |
| April 2022 | 8.3% | £944pcm |
| April 2021 | 5.4% | £872pcm |
| April 2020 | 1.7% | £827pcm |
| April 2019 | 0.6% | £813pcm |
| April 2018 | 0.8% | £809pcm |
| April 2017 | 1.5% | £802pcm |
| April 2016 | 2.2% | £790pcm |
| April 2015 | 1% | £773pcm |
| April 2014 | 0.8% | £765pcm |
| April 2013 | 3.3% | £759pcm |
| April 2012 | 1.5% | £735pcm |
| April 2011 | 1.4% | £724pcm |
| April 2010 | 2.2% | £714pcm |
| April 2009 | -3.2% | £698pcm |
| April 2008 | 4.2% | £721pcm |
| April 2007 | 0% | £692pcm |
Explore Propertiesin NE40 3LW, South Close, Ryton, NE40
Sales Historyin NE40 3LW
The last sale was on 6th October 2017 for £190,000 and since then the market in the area has increased by 26.2%. The postcode has had a total of 8 sales since 1995.
NE40 3LW has seen no sales in the last three years and no sales in the last twelve months.
Sold Oct 2017£190,000 | 4 Bed HouseSouth Close4, South Close, Ryton, NE40 3LW
Sold May 2016£305,000 | 5 Bed HouseSouth Close1, South Close, Ryton, NE40 3LW
Sold Sep 2012£332,000 | 5 Bed HouseSouth CloseOrchard House, South Close, Ryton, NE40 3LW
Sold Jul 2005£226,000 | 5 Bed HouseSouth Close1, South Close, Ryton, NE40 3LW
Sold Apr 2004£155,000 | 3 Bed HouseSouth Close3, South Close, Ryton, NE40 3LW
Sold Sep 2001£89,950 | 3 Bed HouseSouth Close3, South Close, Ryton, NE40 3LW
Sold Jan 2000£76,000 | 4 Bed HouseSouth Close5, South Close, Ryton, NE40 3LW
Sold Apr 1999£85,000 | 5 Bed HouseSouth Close1, South Close, Ryton, NE40 3LW
Nearby Postcodesto NE40 3LW
NE40 3LW is the 159th largest and the 403rd most expensive postcode out of the 499 postcodes in the NE40 area.
- 35 mNE40 3LN, The Ridge, Ryton, NE40NE40 3LN14 Addresses
- 80 mNE40 3FH, Skylark Grove, Ryton, NE40NE40 3FH63 Addresses
- 85 mNE40 3LS, Western Way, Ryton, NE40NE40 3LS8 Addresses
- 88 mNE40 3LG, Grange Drive, Ryton, NE40NE40 3LG10 Addresses
- 106 mNE40 3LL, Grange View, Ryton, NE40NE40 3LL7 Addresses
- 116 mNE40 3LP, Grange Crescent, Ryton, NE40NE40 3LP15 Addresses
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Property Typesin NE40 3LW
- 1 mid-century house built between 1936 and 1979
- 3 houses of an unknown age
- 3 other addresses of unknown type
- mid-century house (1)
- house (3)
- Unknown (3)
Energy Efficiencyof properties in NE40 3LW
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (6)
Schools Nearbyto NE40 3LW
The nearest primary school to NE40 3LW is Ryton Community Infant School which is 675 metres away.
- 675mRyton Community Infant School
- 857mRyton Junior School
- 1.2kmCrookhill Community Primary School
The nearest secondary school is Thorp Academy which is 655 metres away.
- 655mThorp Academy
- 2.9kmSt Thomas More Catholic School, Blaydon
- 3.4kmWalbottle Academy
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Public Transport Nearbyto NE40 3LW
The closest station to NE40 3LW is Wylam station which is 3.1 kilometres away.
- 3.1kmWylam
- 3.4kmBlaydon
- 6.3kmPrudhoe
- 6.5kmMetroCentre
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