Housing Market Analysis for NE8 1BF

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE8 1BF 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 1BF

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

    AddressSold DatePrice% Change

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

    NE8 1BF Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £145,482 median price is £144,188 Standard Deviation is £41,949 with Total Sold: 1,334
      • The Last 5 Year average price is £145,645 with Total Sold: 259
      • The most recent sale happened at this postcode is 4, TRIGO HOUSE WORSDELL DRIVE: £165,000 (Sold on 27 Aug 2024)
      • The first recorded sale happened at this postcode is , 281 HIGH STREET: £40,000 (Sold on 13 Dec 1996)
    • Other
      • The average price is around £649,454 median price is £270,000 Standard Deviation is £1,068,687 with Total Sold: 41
      • The Last 5 Year average price is £798,519 with Total Sold: 23
      • The most recent sale happened at this postcode is , 245 HIGH STREET: £400,000 (Sold on 12 Dec 2023)
      • The first recorded sale happened at this postcode is , UNITED SERVICES CLUB MULGRAVE TERRACE: £210,000 (Sold on 04 Sep 2014)
    • Terraced
      • The average price is around £104,416 median price is £95,000 Standard Deviation is £98,309 with Total Sold: 91
      • The Last 5 Year average price is £130,069 with Total Sold: 17
      • 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 £182,083 median price is £160,000 Standard Deviation is £140,751 with Total Sold: 9
      • 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 , 232 - 240 HIGH STREET: £527,000 (Sold on 01 May 1997)
    • Semi-Detached
      • The average price is around £113,929 median price is £110,000 Standard Deviation is £26,113 with Total Sold: 7
      • The Last 5 Year average price is £110,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 40 HAVELOCK CLOSE: £110,000 (Sold on 12 Aug 2019)
      • 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£157,110 £2,416 19
    2023£141,788 £2,243 52
    2022£150,825 £2,374 57
    2021£145,961 £2,284 44
    2020£146,635 £2,200 37
    2019£138,382 £2,138 50
    2018£153,914 £2,213 79
    2017£146,946 £2,330 53
    2016£140,670 £2,277 42
    2015£135,886 £2,131 43
    2014£142,914 £2,150 81
    2013£118,496 £2,194 23
    2012£123,162 £2,102 52
    2011£107,819 £1,843 21
    2010£129,562 £2,097 18
    2009£150,814 £2,253 35
    2008£138,791 £2,380 38
    2007£151,194 £2,564 180
    2006£155,950 £2,489 124
    2005£147,485 £2,447 194
    2004£156,065 £2,323 85
    2003£119,500 £1,372 2
    2002£9,5001
    1999£40,000 £436 1
    1998£30,0001
    1997£8,500 £139 1
    1996£40,0001
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£415,0003
    2022£680,000 £2,344 4
    2021£1,228,1575
    2020£384,0002
    2019£832,461 £1,602 9
    2018£732,2867
    2017£413,5355
    2016£206,0003
    2015£120,0002
    2014£210,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£102,558 £1,353 3
    2022£120,000 £1,402 2
    2021£179,375 £1,425 4
    2020£120,833 £1,021 3
    2019£116,700 £1,243 5
    2018£109,983 £1,623 3
    2017£125,362 £1,280 4
    2016£109,317 £943 3
    2015£102,6673
    2014£72,500 £853 1
    2012£126,825 £953 4
    2011£117,0001
    2010£65,000 £1,290 2
    2009£90,000 £1,478 2
    2008£248,383 £847 6
    2007£148,038 £1,387 4
    2006£86,667 £909 3
    2005£126,000 £976 3
    2004£96,312 £988 4
    2003£91,125 £585 8
    2002£54,9752
    2001£99,500 £409 1
    2000£53,000 £437 3
    1999£42,250 £437 4
    1998£24,222 £621 4
    1997£38,7252
    1996£32,900 £248 5
    1995£52,7502
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£127,2501
    2021£200,0001
    2012£47,000 £783 1
    2008£167,5001
    2007£160,000 £2,378 1
    2006£175,0002
    1999£60,0001
    1997£527,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2019£110,000 £1,250 1
    2018£120,000 £1,600 1
    2016£170,000 £872 1
    2009£110,000 £1,467 1
    2007£115,000 £1,307 1
    2003£90,0001
    1995£82,5001

    House Type in NE8 1BF area

    The most common house types in the NE8 1BF postcode area are Flat (67), commercial building (6), and Semi-detached (3).

    Total80
    Flat67
    commercial building6
    Semi-detached3
    Shared house3
    Detached1
    Terraced0
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (61), and Private rented: Private landlord or letting agency (10).

    Social rented: Rents from council or Local Authority61
    Private rented: Private landlord or letting agency10
    Private rented: Other private rented3
    Owned: Owns with a mortgage or loan2
    Owned: Owns outright1
    Social rented: Other social rented1
    Lives rent free1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the NE8 1BF have 1 person in household (61), and 2 people in household (12).

    1 person in household61
    2 people in household12
    4 people in household4
    3 people in household3
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0