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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE40 3RAHouse Prices / North East, Gateshead, Parsons Drive
Last updated May 2026
Key Postcode Insights
NE40 3RA is a residential postcode situated on Parsons Drive, Ryton, NE40 with 1 addresses.
It ranks as the 7th largest and 231st most expensive of the 499 postcodes in the NE40 area.
The postcode contains a total of 1 properties: 1 house.
1
Property
- Houses
Key Postcode Insights
NE40 3RA is a residential postcode situated on Parsons Drive, Ryton, NE40 with 1 addresses.
It ranks as the 7th largest and 231st most expensive of the 499 postcodes in the NE40 area.
The postcode contains a total of 1 properties: 1 house.
1
Property
- Houses
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House Pricesin NE40 3RA
Sale prices range from £167,047 for 3 bedroom freehold houses with a garden (947 ft2) to £167,047 for 3 bedroom freehold houses with a garden (947 ft2) .
Monthly rental prices range from £1,015 pcm for 3 bed houses to £1,015 pcm for 3 bed houses.
The gross rental yield is between 7.3% and 7.3%.
The average value per square foot is £176.
Average Sale Value
£167,047
Average Rental Value
£1,015 pcm
Average Rental Yield
7.3% /year
Average Value Per Sqft
£176 /ft2
Sales Market Trendsin NE40 3RA
The current average value in the postcode is £167,047.
The NE40 3RA Sales Market has increased by 28.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £167,047 |
| April 2025 | 1.8% | £165,801 |
| April 2024 | 0.6% | £162,850 |
| April 2023 | 3.8% | £161,882 |
| April 2022 | 8.4% | £155,978 |
| April 2021 | 4% | £143,866 |
| April 2020 | 2.7% | £138,384 |
| April 2019 | -1.4% | £134,744 |
| April 2018 | 4.6% | £136,709 |
| April 2017 | 0.5% | £130,691 |
| April 2016 | 2.6% | £130,066 |
| April 2015 | 4.8% | £126,772 |
| April 2014 | -0.1% | £120,936 |
| April 2013 | 1.6% | £121,058 |
| April 2012 | 0% | £119,150 |
| April 2011 | -2.6% | £119,102 |
| April 2010 | 1.7% | £122,339 |
| April 2009 | -8.5% | £120,319 |
| April 2008 | 0.8% | £131,489 |
| April 2007 | 0% | £130,508 |
Rental Market Trendsin NE40 3RA
The current average rental value in the postcode is £1,015.
The NE40 3RA Rental Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,015pcm |
| April 2025 | 6.3% | £982pcm |
| April 2024 | 7.8% | £924pcm |
| April 2023 | 9.6% | £857pcm |
| April 2022 | 8.8% | £781pcm |
| April 2021 | 5.2% | £718pcm |
| April 2020 | 1.9% | £683pcm |
| April 2019 | 0.6% | £670pcm |
| April 2018 | 0.7% | £666pcm |
| April 2017 | 1.5% | £662pcm |
| April 2016 | 1.9% | £652pcm |
| April 2015 | 1% | £640pcm |
| April 2014 | 1% | £633pcm |
| April 2013 | 2.9% | £627pcm |
| April 2012 | 0.9% | £609pcm |
| April 2011 | 0.8% | £604pcm |
| April 2010 | 1.8% | £599pcm |
| April 2009 | -3.3% | £588pcm |
| April 2008 | 3.9% | £608pcm |
| April 2007 | 0% | £585pcm |
Nearby Postcodesto NE40 3RA
NE40 3RA is the 7th largest and the 231st most expensive postcode out of the 499 postcodes in the NE40 area.
- 71 mNE40 3RB, Watermill, Ryton, NE40NE40 3RB6 Addresses
- 98 mNE40 3RS, Main Road, Ryton, NE40NE40 3RS3 Addresses
- 126 mNE40 3JH, Hexham Old Road, Ryton, NE40NE40 3JH16 Addresses
- 126 mNE40 3LE, Hexham Old Road, Ryton, NE40NE40 3LE8 Addresses
- 147 mNE40 3LD, South Avenue, Ryton, NE40NE40 3LD7 Addresses
- 149 mNE40 3HQ, Dean Terrace, Ryton, NE40NE40 3HQ25 Addresses
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Property Typesin NE40 3RA
- 1 other address of unknown type
- Unknown (1)
Energy Efficiencyof properties in NE40 3RA
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Schools Nearbyto NE40 3RA
The nearest primary school to NE40 3RA is Crookhill Community Primary School which is 823 metres away.
- 823mCrookhill Community Primary School
- 1.0kmRyton Community Infant School
- 1.2kmRyton Junior School
The nearest secondary school is Thorp Academy which is 1.0 kilometres away.
- 1.0kmThorp Academy
- 2.7kmSt Thomas More Catholic School, Blaydon
- 2.9kmWalbottle Academy
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Public Transport Nearbyto NE40 3RA
The closest station to NE40 3RA is Blaydon station which is 3.1 kilometres away.
- 3.1kmBlaydon
- 3.5kmWylam
- 6.2kmMetroCentre
- 6.8kmPrudhoe
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