Housing Market Analysis for NE8 1BU

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 1BU Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £150,407 median price is £145,000 Standard Deviation is £47,600 with Total Sold: 1,252
      • The Last 5 Year average price is £142,117 with Total Sold: 212
      • 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 , 281 HIGH STREET: £40,000 (Sold on 13 Dec 1996)
    • Other
      • The average price is around £813,230 median price is £285,000 Standard Deviation is £1,170,971 with Total Sold: 36
      • The Last 5 Year average price is £855,133 with Total Sold: 21
      • 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 £124,760 median price is £100,000 Standard Deviation is £137,967 with Total Sold: 39
      • 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 £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 £114,500 median price is £110,000 Standard Deviation is £30,838 with Total Sold: 5
      • The most recent sale happened at this postcode is , 3 BEDFORD PLACE: £120,000 (Sold on 14 Sep 2018)
      • 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£148,816 £2,127 15
    2023£131,244 £2,121 47
    2022£152,855 £2,330 43
    2021£140,496 £2,215 34
    2020£147,886 £2,192 31
    2019£137,955 £2,154 42
    2018£155,445 £2,132 39
    2017£150,749 £2,305 37
    2016£143,772 £2,289 41
    2015£134,132 £2,092 38
    2014£131,009 £2,070 32
    2013£134,230 £2,131 15
    2012£124,512 £2,004 12
    2011£107,357 £1,870 23
    2010£135,946 £2,162 23
    2009£153,242 £2,292 35
    2008£147,102 £2,539 40
    2007£151,371 £2,562 187
    2006£159,968 £2,517 129
    2005£150,603 £2,479 198
    2004£170,497 £2,559 70
    2003£171,436 £2,580 118
    2002£9,5001
    1998£30,0001
    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£1,012,0007
    2018£1,102,5836
    2017£843,7504
    2016£356,0003
    2015£50,0001
    2014£210,0001
    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
    2009£100,000 £2,174 1
    2008£280,4605
    2007£151,5752
    2006£65,0002
    2005£147,5002
    2004£105,000 £988 3
    2003£131,000 £720 4
    2002£49,9501
    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£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
    2018£120,000 £1,600 1
    2016£170,000 £872 1
    2009£110,000 £1,467 1
    2003£90,0001
    1995£82,5001

    House Type in NE8 1BU area

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