Housing Market Analysis for WEST STREET, NE8 1HE

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

Overview of Sold House prices

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

  • Other
    • The average price is around £650,000 median price is £650,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is OLD TOWN HALL WEST STREET: £650,000 (Sold on 28 Jun 2018)
    • The first recorded sale happened at this postcode is OLD TOWN HALL WEST STREET: £650,000 (Sold on 28 Jun 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 1HE 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.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£650,0001

All the Sales in the WEST STREET, NE8 1HE

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

AddressSold DatePrice% Change
OLD TOWN HALL WEST STREETOther, Leasehold28 Jun 2018£650,000First Sale

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

WEST STREET, NE8 1HE Near By properties

Interactive Map

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

  • Flat
    • The average price is around £148,501 median price is £146,062 Standard Deviation is £48,166 with Total Sold: 1,694
    • The Last 5 Year average price is £148,893 with Total Sold: 306
    • The most recent sale happened at this postcode is , 17B QUEEN STREET: £255,000 (Sold on 02 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 £906,184 median price is £285,000 Standard Deviation is £2,041,259 with Total Sold: 48
    • The Last 5 Year average price is £734,748 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 £119,416 median price is £100,000 Standard Deviation is £127,434 with Total Sold: 47
    • 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 £116,192 median price is £120,000 Standard Deviation is £31,971 with Total Sold: 13
    • 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£157,298 £2,565 26
2023£141,481 £2,236 56
2022£160,059 £2,413 68
2021£145,977 £2,303 52
2020£146,202 £2,202 47
2019£143,900 £2,217 57
2018£158,103 £2,238 89
2017£152,099 £2,402 57
2016£150,869 £2,317 56
2015£137,535 £2,201 56
2014£146,945 £2,237 91
2013£123,867 £2,124 27
2012£130,990 £2,145 54
2011£123,512 £1,965 24
2010£136,846 £2,151 24
2009£152,791 £2,286 36
2008£145,827 £2,490 43
2007£152,991 £2,568 189
2006£158,688 £2,574 140
2005£154,061 £2,581 255
2004£171,293 £2,488 76
2003£177,303 £2,555 84
2002£137,417 £2,358 12
2001£91,067 £1,454 9
2000£88,950 £1,375 10
1999£75,200 £1,126 11
1998£73,000 £1,078 13
1997£62,746 £896 12
1996£54,265 £777 14
1995£53,750 £733 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2023£393,7504
2022£680,000 £2,344 4
2021£1,051,406 £2,522 6
2020£384,0002
2019£805,7789
2018£2,318,0478
2017£718,8336
2016£165,3333
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£105,000 £988 3
2003£125,667 £1,153 6
2002£109,975 £1,441 2
2001£99,500 £409 1
2000£54,0001
1999£102,000 £648 1
1998£48,475 £737 2
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
2018£120,000 £1,600 1
2016£170,000 £872 1
2009£110,000 £1,467 1
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 1HE area

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