Housing Market Analysis for NE8 1AX

Are you looking to understand NE8 1AX 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 NE8 1AX area, explore the NE8 1AX Area information page.
For comprehensive crime statistics in the NE8 1AX area, explore the NE8 1AX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE8 1AX postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE8 1AX 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.

    All the Sales in the NE8 1AX

    See the table below for more details on the sold house prices in the NE8 1AX, Gateshead postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE8 1AX postcode. Properties currently for saleProperties currently for rent

    NE8 1AX Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE8 1AX 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 NE8 1AX postcode.

    • Flat
      • The average price is around £150,683 median price is £146,000 Standard Deviation is £52,464 with Total Sold: 1,786
      • The Last 5 Year average price is £147,110 with Total Sold: 310
      • The most recent sale happened at this postcode is 103, BALTIC QUAY MILL ROAD: £86,000 (Sold on 03 Sep 2024)
      • The first recorded sale happened at this postcode is , 9D AKENSIDE HILL: £43,000 (Sold on 27 Jan 1995)
    • Other
      • The average price is around £939,826 median price is £310,000 Standard Deviation is £2,008,276 with Total Sold: 50
      • The Last 5 Year average price is £738,209 with Total Sold: 26
      • The most recent sale happened at this postcode is , 17 SANDHILL: £480,000 (Sold on 04 Apr 2024)
      • The first recorded sale happened at this postcode is , BESSIE SURTEES HOUSE, 41 - 44 SANDHILL: £300,000 (Sold on 20 Dec 2013)
    • Terraced
      • The average price is around £119,817 median price is £99,750 Standard Deviation is £128,791 with Total Sold: 46
      • The Last 5 Year average price is £113,612 with Total Sold: 6
      • The most recent sale happened at this postcode is , 14 REGENT TERRACE: £140,000 (Sold on 14 Nov 2023)
      • The first recorded sale happened at this postcode is , 15A WALKER TERRACE: £72,500 (Sold on 27 Jun 1995)
    • Detached
      • The average price is around £179,673 median price is £160,000 Standard Deviation is £129,399 with Total Sold: 13
      • The Last 5 Year average price is £163,625 with Total Sold: 2
      • The most recent sale happened at this postcode is , 10 REGENT TERRACE: £127,250 (Sold on 06 Jan 2022)
      • The first recorded sale happened at this postcode is FLAT 3, 27A SANDHILL: £47,000 (Sold on 14 Jul 1995)
    • Semi-Detached
      • The average price is around £111,050 median price is £116,500 Standard Deviation is £31,742 with Total Sold: 10
      • The most recent sale happened at this postcode is , 17A QUEEN STREET: £145,500 (Sold on 09 Jul 2007)
      • The first recorded sale happened at this postcode is , 23 JACKSON STREET: £82,500 (Sold on 20 Oct 1995)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£154,776 £2,527 28
    2023£136,372 £2,193 59
    2022£158,515 £2,348 65
    2021£147,278 £2,308 55
    2020£145,288 £2,183 45
    2019£142,807 £2,193 58
    2018£156,714 £2,187 53
    2017£155,163 £2,396 56
    2016£148,036 £2,266 60
    2015£140,518 £2,191 58
    2014£147,425 £2,221 93
    2013£125,169 £2,114 32
    2012£131,426 £2,141 55
    2011£119,233 £1,910 27
    2010£143,563 £2,161 28
    2009£157,716 £2,305 37
    2008£152,404 £2,556 46
    2007£153,154 £2,564 197
    2006£160,595 £2,552 141
    2005£152,967 £2,493 216
    2004£171,703 £2,530 90
    2003£185,934 £2,730 190
    2002£138,000 £2,269 13
    2001£89,282 £1,393 11
    2000£92,042 £1,375 12
    1999£75,512 £1,126 12
    1998£74,133 £1,032 15
    1997£62,746 £896 12
    1996£53,514 £760 15
    1995£52,571 £722 7
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£322,5002
    2023£393,7504
    2022£680,000 £2,344 4
    2021£1,051,406 £2,522 6
    2020£384,0002
    2019£897,1258
    2018£2,324,6539
    2017£819,0005
    2016£348,2005
    2015£176,6673
    2014£210,0001
    2013£300,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£93,892 £1,085 3
    2021£200,0001
    2019£100,0002
    2017£54,5001
    2016£118,0001
    2015£102,6673
    2012£160,6502
    2009£100,000 £2,174 1
    2008£280,4605
    2007£151,5752
    2006£65,0002
    2005£147,5002
    2004£132,500 £988 2
    2003£130,800 £1,153 5
    2002£109,975 £1,441 2
    2001£99,500 £409 1
    2000£54,0001
    1999£102,000 £648 1
    1998£48,650 £798 3
    1997£37,5001
    1996£36,417 £263 3
    1995£55,250 £463 2
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£127,2501
    2021£200,0001
    2012£47,000 £783 1
    2008£167,5001
    2007£162,500 £1,967 2
    2006£175,0002
    2004£160,000 £1,905 1
    1999£60,0001
    1997£527,0001
    1996£325,0001
    1995£47,000 £797 1
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2007£145,500 £1,966 1
    2006£126,500 £2,224 2
    2004£135,000 £1,924 2
    2003£104,333 £1,945 3
    1996£46,500 £989 1
    1995£82,5001

    House Type in NE8 1AX area

    The most common house types in the NE8 1AX postcode area are Flat (145), Semi-detached (2), and Detached (1).

    Total149
    Flat145
    Semi-detached2
    Detached1
    Terraced1
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (78), and Social rented: Rents from council or Local Authority (29).

    Private rented: Private landlord or letting agency78
    Social rented: Rents from council or Local Authority29
    Owned: Owns with a mortgage or loan23
    Owned: Owns outright13
    Social rented: Other social rented4
    Lives rent free2
    Private rented: Other private rented1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the NE8 1AX have 1 person in household (74), and 2 people in household (65).

    1 person in household74
    2 people in household65
    3 people in household5
    4 people in household5
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0