Housing Market Analysis for NE8 1BG

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 1BG Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £157,081 median price is £155,000 Standard Deviation is £59,817 with Total Sold: 920
      • The Last 5 Year average price is £140,189 with Total Sold: 134
      • 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 , 34 CHAUCER CLOSE: £34,000 (Sold on 30 Jun 1995)
    • Other
      • The average price is around £643,602 median price is £295,000 Standard Deviation is £895,050 with Total Sold: 37
      • The Last 5 Year average price is £650,739 with Total Sold: 20
      • The most recent sale happened at this postcode is 131, BALTIC QUAY MILL ROAD: £165,000 (Sold on 28 Mar 2024)
      • The first recorded sale happened at this postcode is , UNITED SERVICES CLUB MULGRAVE TERRACE: £210,000 (Sold on 04 Sep 2014)
    • Semi-Detached
      • The average price is around £89,076 median price is £87,000 Standard Deviation is £39,547 with Total Sold: 48
      • The Last 5 Year average price is £136,636 with Total Sold: 7
      • The most recent sale happened at this postcode is , 61 CHAUCER CLOSE: £165,000 (Sold on 01 Dec 2023)
      • The first recorded sale happened at this postcode is , 28 CHAUCER CLOSE: £56,000 (Sold on 19 May 1995)
    • Terraced
      • The average price is around £120,347 median price is £94,500 Standard Deviation is £133,863 with Total Sold: 42
      • The Last 5 Year average price is £118,535 with Total Sold: 5
      • 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 £137,718 median price is £125,000 Standard Deviation is £111,685 with Total Sold: 19
      • The Last 5 Year average price is £172,417 with Total Sold: 3
      • The most recent sale happened at this postcode is , 50 CHAUCER CLOSE: £190,000 (Sold on 11 Mar 2022)
      • The first recorded sale happened at this postcode is , 232 - 240 HIGH STREET: £527,000 (Sold on 01 May 1997)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£143,725 £2,091 10
    2023£125,402 £1,939 26
    2022£164,625 £2,261 28
    2021£136,185 £2,162 23
    2020£139,386 £2,034 22
    2019£131,176 £2,093 25
    2018£155,407 £2,135 27
    2017£160,522 £2,314 30
    2016£148,447 £2,194 29
    2015£151,130 £2,139 23
    2014£144,710 £2,051 23
    2013£140,409 £2,131 11
    2012£137,921 £2,078 7
    2011£133,583 £1,983 12
    2010£132,826 £2,067 19
    2009£126,400 £1,771 5
    2008£178,306 £2,788 8
    2007£154,903 £2,559 82
    2006£167,293 £2,403 84
    2005£156,960 £2,486 145
    2004£170,971 £2,567 80
    2003£189,182 £2,767 173
    2002£9,5001
    2001£42,950 £758 1
    2000£37,117 £665 6
    1999£36,165 £727 3
    1998£35,975 £643 4
    1997£35,992 £674 6
    1996£36,000 £587 5
    1995£35,000 £631 2
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£165,0001
    2023£415,0003
    2022£662,500 £1,538 4
    2021£285,1964
    2020£730,0001
    2019£1,012,0007
    2018£786,2147
    2017£803,0005
    2016£340,0003
    2015£50,0001
    2014£210,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£165,000 £2,538 1
    2022£117,500 £1,879 2
    2021£131,750 £2,253 2
    2019£146,475 £2,140 2
    2018£135,000 £1,955 1
    2017£98,000 £1,741 1
    2015£148,000 £2,277 1
    2011£115,500 £1,533 3
    2010£88,500 £1,641 1
    2007£173,0001
    2006£109,667 £1,630 3
    2005£116,500 £1,969 2
    2004£92,250 £1,624 6
    2003£81,500 £1,281 2
    2002£86,500 £1,253 1
    2001£54,5001
    2000£51,550 £672 4
    1999£56,983 £845 3
    1998£46,233 £742 3
    1997£49,7252
    1996£36,817 £610 3
    1995£61,6503
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£96,3382
    2021£200,0001
    2019£100,0002
    2017£54,5001
    2016£118,0001
    2015£102,6673
    2012£160,6502
    2008£280,4605
    2007£151,5752
    2006£74,667 £1,808 3
    2005£147,5002
    2004£105,000 £988 3
    2003£118,390 £1,013 5
    2002£58,983 £1,138 3
    2001£99,500 £409 1
    2000£54,0001
    1998£10,0001
    1997£37,5001
    1996£39,1252
    1995£72,5001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£158,625 £2,879 2
    2021£200,0001
    2016£114,000 £2,533 1
    2012£47,000 £783 1
    2008£167,5001
    2007£160,000 £2,378 1
    2006£175,0002
    2005£125,000 £2,280 1
    2004£142,725 £3,299 2
    2000£73,9501
    1999£54,000 £1,143 2
    1998£44,250 £1,156 2
    1997£290,000 £967 2

    House Type in NE8 1BG area

    The most common house types in the NE8 1BG 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 1BG 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