House prices in CA20 1 (Gosforth)

This article reveals price per square metre data and various charts to help you understand current housing market in Gosforth (CA20 1).


Defining 'CA20 1'

This analysis is limited to properties whose postcode starts with "CA20 1", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Gosforth.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Gosforth is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 14, Wastwater Rise, Gosforth, sold for £290,000 on Feb-2024. Given the internal area of 152 square metres, the price per sqm is £1,907.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 91 sales in Gosforth (CA20 1) that took place in the last two years.

Distribution of £ per sqm for Gosforth
Distribution of £ per sqm house prices in Gosforth

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Gosforth (CA20 1). Of the 91 transactions, half were sold for between £1,480 and £2,350 per square metre. The median, or 'middle', price per square metre in 'CA20 1' is £1,880. Notably, only 25% of properties that sold recently were valued at more than £2,350 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Gosforth

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Gosforth. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Gosforth
House price heatmap for Gosforth

Comparison with neighbouring postcode sectors

The table below shows how 'CA20 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CA20 1 Gosforth £1,480 sqm £1,880 sqm £2,350 sqm

Will Gosforth house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CA20 1 (Gosforth) compared with both the wider area CA20 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Gosforth,Gosforth
House price trends for Gosforth

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CA20 1 sales
Recent trends for Gosforth

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Gosforth to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Gosforth and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Wasdale Park, Gosforth, CA20 1P 77 sqm £1,962 17
The Banks, Gosforth, CA20 1Q 153 sqm £1,329 16
Santon Way, Gosforth, CA20 1N 114 sqm £1,560 15
Links Crescent, Gosforth, CA20 1R 86 sqm £2,094 11
Whitecroft, Gosforth, CA20 1A 102 sqm £1,989 8
Meadowfield, Gosforth, CA20 1H 104 sqm £2,246 7
Coniston Avenue, Gosforth, CA20 1L 100 sqm £1,321 7
The Fairways, Gosforth, CA20 1R 91 sqm £2,421 6

Search for your street here.

Raw data

Our analysis of Gosforth is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
14, Wastwater Rise, Gosforth £290,000
Feb-2024
152 1,907
33, Meadowfield Grove, Gosforth £138,500
Feb-2024
69 2,007
Little Fold, , Gosforth £155,000
Dec-2023
124 1,250

See the entire list of all sales in Gosforth (CA20 1) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.