Housing Market Analysis for NE8 1ED

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 1ED Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £103,991 median price is £95,000 Standard Deviation is £86,918 with Total Sold: 145
      • The Last 5 Year average price is £141,738 with Total Sold: 26
      • The most recent sale happened at this postcode is , 29 DENMARK STREET: £121,500 (Sold on 19 Sep 2024)
      • The first recorded sale happened at this postcode is , 15A WALKER TERRACE: £72,500 (Sold on 27 Jun 1995)
    • Flat
      • The average price is around £131,934 median price is £133,250 Standard Deviation is £51,190 with Total Sold: 1,334
      • The Last 5 Year average price is £135,733 with Total Sold: 281
      • The most recent sale happened at this postcode is , 28 COLOMBO SQUARE: £140,000 (Sold on 23 Aug 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 £554,715 median price is £265,000 Standard Deviation is £997,576 with Total Sold: 47
      • The Last 5 Year average price is £529,693 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 , 15 BEWICK ROAD: £1,250,000 (Sold on 06 Jun 2014)
    • Semi-Detached
      • The average price is around £103,091 median price is £89,250 Standard Deviation is £61,057 with Total Sold: 62
      • The Last 5 Year average price is £133,306 with Total Sold: 8
      • 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)
    • Detached
      • The average price is around £141,666 median price is £125,500 Standard Deviation is £110,542 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: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£158,8333
    2023£102,558 £1,353 3
    2022£165,000 £1,364 4
    2021£163,500 £1,425 5
    2020£138,000 £985 5
    2019£122,250 £1,243 6
    2018£126,742 £1,575 6
    2017£147,493 £1,280 7
    2016£87,390 £675 5
    2015£129,667 £1,399 6
    2014£102,149 £1,013 5
    2012£114,360 £855 5
    2011£108,333 £1,169 3
    2010£65,000 £1,290 2
    2009£90,000 £1,478 2
    2008£229,321 £1,264 7
    2007£121,275 £1,400 6
    2006£99,500 £1,264 6
    2005£140,200 £905 5
    2004£80,600 £975 7
    2003£85,551 £730 11
    2002£59,238 £1,138 4
    2001£67,500 £396 2
    2000£49,590 £440 5
    1999£42,250 £437 4
    1998£26,198 £455 7
    1997£37,612 £272 4
    1996£39,387 £233 7
    1995£44,500 £412 3
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£147,616 £1,974 18
    2023£135,238 £2,875 111
    2022£138,194 £2,266 40
    2021£133,614 £2,121 36
    2020£140,648 £2,009 30
    2019£128,589 £2,014 46
    2018£70,882 £1,320 120
    2017£143,797 £2,220 36
    2016£132,229 £2,193 40
    2015£134,136 £2,079 33
    2014£123,357 £1,940 33
    2013£134,121 £2,119 12
    2012£113,650 £1,885 11
    2011£107,819 £1,843 21
    2010£125,455 £2,032 20
    2009£147,499 £2,193 37
    2008£137,796 £2,368 39
    2007£148,672 £2,524 187
    2006£153,997 £2,460 127
    2005£145,168 £2,407 200
    2004£146,293 £2,220 95
    2003£78,358 £1,133 6
    2002£9,5001
    2001£31,225 £534 2
    2000£37,117 £665 6
    1999£28,424 £481 8
    1998£35,975 £643 4
    1997£32,064 £585 7
    1996£34,158 £524 6
    1995£35,000 £631 2
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£415,0003
    2022£560,000 £1,941 5
    2021£333,1575
    2020£415,000 £1,205 2
    2019£705,269 £1,602 8
    2018£1,063,875 £62,539 8
    2017£356,2098
    2016£206,0003
    2015£120,0002
    2014£556,6673
    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£134,317 £1,844 3
    2018£151,667 £1,538 3
    2017£98,000 £1,741 1
    2016£246,250 £1,769 2
    2015£148,000 £2,277 1
    2011£115,500 £1,533 3
    2010£88,500 £1,641 1
    2009£110,000 £1,467 1
    2008£168,0001
    2007£202,000 £1,103 4
    2006£109,667 £1,630 3
    2005£103,000 £1,612 3
    2004£100,500 £1,624 7
    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£38,488 £370 4
    1996£36,817 £610 3
    1995£61,6503
    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£280,0001
    2005£125,000 £2,280 1
    2004£143,483 £3,299 3
    2000£73,9501
    1999£54,000 £1,143 2
    1998£44,250 £1,156 2
    1997£290,000 £967 2

    House Type in NE8 1ED area

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