Housing Market Analysis for WEST STREET, NE8 1HR

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

Overview of Sold House prices

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

  • Other
    • The average price is around £4,650,000 median price is £4,650,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £4,650,000 with Total Sold: 1
    • The most recent sale happened at this postcode is SUITE 4, NE8-NEW CENTURY HOUSE WEST STREET: £4,650,000 (Sold on 05 Jul 2019)
    • The first recorded sale happened at this postcode is SUITE 4, NE8-NEW CENTURY HOUSE WEST STREET: £4,650,000 (Sold on 05 Jul 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 1HR 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
2019£4,650,0001

All the Sales in the WEST STREET, NE8 1HR

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

AddressSold DatePrice% Change
SUITE 4, NE8-NEW CENTURY HOUSE WEST STREETOther, Freehold05 Jul 2019£4,650,000First Sale

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

WEST STREET, NE8 1HR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £98,780 median price is £96,000 Standard Deviation is £70,201 with Total Sold: 267
    • The Last 5 Year average price is £137,257 with Total Sold: 42
    • 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 , 10 AFFLECK STREET: £33,000 (Sold on 05 Apr 1995)
  • Flat
    • The average price is around £134,531 median price is £136,850 Standard Deviation is £49,056 with Total Sold: 1,590
    • The Last 5 Year average price is £141,716 with Total Sold: 346
    • 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 , 31 AFFLECK STREET: £22,000 (Sold on 07 Feb 1995)
  • Semi-Detached
    • The average price is around £112,984 median price is £88,500 Standard Deviation is £51,339 with Total Sold: 84
    • The Last 5 Year average price is £174,056 with Total Sold: 9
    • The most recent sale happened at this postcode is , 38 VILLAGE HEIGHTS: £210,000 (Sold on 01 Feb 2024)
    • The first recorded sale happened at this postcode is , 23 JACKSON STREET: £82,500 (Sold on 20 Oct 1995)
  • Other
    • The average price is around £657,384 median price is £265,000 Standard Deviation is £1,171,522 with Total Sold: 51
    • The Last 5 Year average price is £684,641 with Total Sold: 28
    • 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)
  • Detached
    • The average price is around £165,109 median price is £127,250 Standard Deviation is £132,361 with Total Sold: 11
    • 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)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£158,8333
2023£109,669 £1,086 4
2022£140,123 £1,489 13
2021£150,786 £1,317 7
2020£138,429 £988 7
2019£125,438 £1,291 8
2018£119,779 £1,723 7
2017£111,217 £1,330 9
2016£100,629 £1,223 7
2015£124,936 £1,320 11
2014£119,416 £1,200 9
2013£101,000 £1,217 2
2012£116,725 £1,177 8
2011£115,203 £1,462 6
2010£65,000 £1,290 2
2009£124,750 £1,563 8
2008£217,239 £1,694 9
2007£131,786 £1,567 11
2006£120,780 £1,189 11
2005£124,804 £1,080 13
2004£91,433 £1,094 12
2003£83,294 £771 14
2002£72,400 £634 14
2001£67,988 £572 4
2000£48,862 £630 20
1999£44,025 £534 18
1998£28,331 £455 11
1997£33,658 £227 6
1996£34,076 £219 8
1995£40,200 £302 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£153,413 £2,416 22
2023£138,220 £2,805 127
2022£149,345 £2,348 58
2021£144,077 £2,230 46
2020£142,738 £2,120 40
2019£134,068 £2,064 53
2018£95,622 £1,600 169
2017£146,946 £2,330 53
2016£137,742 £2,225 44
2015£131,197 £2,067 46
2014£141,854 £2,135 82
2013£116,475 £2,149 24
2012£120,944 £2,036 55
2011£99,608 £1,703 25
2010£127,955 £2,010 20
2009£148,972 £2,253 36
2008£136,515 £2,334 39
2007£148,351 £2,510 187
2006£151,785 £2,424 132
2005£145,660 £2,414 198
2004£142,593 £2,171 99
2003£67,555 £1,028 11
2002£16,2502
2001£19,600 £286 5
2000£28,362 £389 4
1999£22,141 £284 6
1998£30,0001
1997£8,500 £139 1
1996£23,988 £287 4
1995£22,000 £307 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,0001
2023£150,000 £2,586 1
2022£218,000 £2,604 2
2021£184,000 £1,917 1
2020£185,000 £1,689 2
2019£108,250 £1,783 2
2018£156,167 £1,482 3
2017£153,600 £1,702 5
2016£170,000 £872 1
2015£150,769 £1,895 2
2014£200,000 £1,802 1
2013£149,000 £1,620 1
2012£138,750 £1,645 2
2011£62,500 £644 1
2010£159,000 £1,476 1
2009£110,000 £1,467 1
2008£168,0001
2007£159,000 £1,758 6
2006£124,838 £1,892 8
2005£110,500 £1,678 2
2004£144,000 £2,057 1
2003£101,667 £1,634 3
2002£77,792 £940 6
2001£75,806 £817 16
2000£59,630 £796 10
1999£54,500 £727 1
1997£27,250 £370 2
1995£82,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£328,0004
2022£472,000 £2,344 6
2021£1,110,9646
2020£289,333 £1,205 3
2019£832,461 £1,602 9
2018£1,167,889 £62,539 9
2017£381,0967
2016£206,0003
2015£116,6673
2014£210,0001
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
2002£88,725 £814 2
1999£60,0001
1997£527,0001

House Type in NE8 1HR area

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