Housing Market Analysis for NE8 1LX

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 1LX Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £95,535 median price is £90,000 Standard Deviation is £68,234 with Total Sold: 347
      • The Last 5 Year average price is £135,150 with Total Sold: 55
      • 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 , 13 CLAREMONT SOUTH AVENUE: £24,000 (Sold on 10 Mar 1995)
    • Flat
      • The average price is around £128,671 median price is £132,000 Standard Deviation is £52,385 with Total Sold: 1,709
      • The Last 5 Year average price is £138,002 with Total Sold: 365
      • 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 , 37 CLAREMONT NORTH AVENUE: £23,000 (Sold on 20 Jan 1995)
    • Semi-Detached
      • The average price is around £125,313 median price is £108,250 Standard Deviation is £74,709 with Total Sold: 90
      • 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 £478,438 median price is £210,000 Standard Deviation is £941,538 with Total Sold: 54
      • The Last 5 Year average price is £447,823 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 , 15 BEWICK ROAD: £1,250,000 (Sold on 06 Jun 2014)
    • Detached
      • The average price is around £171,927 median price is £145,000 Standard Deviation is £129,180 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£149,1254
    2023£104,779 £1,373 6
    2022£135,907 £1,460 15
    2021£150,250 £1,238 10
    2020£128,850 £1,005 10
    2019£137,850 £1,341 10
    2018£135,939 £1,595 9
    2017£133,450 £1,346 11
    2016£105,378 £1,125 9
    2015£131,206 £1,263 13
    2014£120,204 £1,212 11
    2013£112,333 £1,171 3
    2012£111,144 £1,098 9
    2011£108,802 £1,216 9
    2010£65,000 £1,290 2
    2009£121,875 £1,433 10
    2008£194,650 £1,440 11
    2007£130,319 £1,531 13
    2006£119,506 £1,389 13
    2005£124,804 £1,080 13
    2004£90,695 £1,066 22
    2003£73,714 £716 19
    2002£62,818 £567 19
    2001£41,804 £393 12
    2000£48,676 £630 21
    1999£43,022 £534 20
    1998£29,811 £384 15
    1997£33,136 £241 7
    1996£33,547 £202 13
    1995£35,500 £297 8
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£143,164 £2,176 25
    2023£137,093 £2,778 129
    2022£146,200 £2,299 60
    2021£137,711 £2,154 50
    2020£136,400 £2,005 45
    2019£130,555 £2,013 56
    2018£95,135 £1,589 172
    2017£143,221 £2,273 55
    2016£133,163 £2,136 47
    2015£127,939 £2,015 48
    2014£138,518 £2,087 85
    2013£114,676 £2,113 25
    2012£118,218 £1,991 57
    2011£99,608 £1,703 25
    2010£127,955 £2,010 20
    2009£142,820 £2,121 39
    2008£132,587 £2,261 41
    2007£144,302 £2,442 198
    2006£146,621 £2,347 141
    2005£139,389 £2,325 213
    2004£139,584 £2,124 103
    2003£49,107 £729 21
    2002£21,742 £368 6
    2001£17,875 £285 12
    2000£23,556 £358 8
    1999£19,668 £273 8
    1998£25,833 £416 3
    1997£11,500 £170 2
    1996£23,206 £305 8
    1995£19,071 £291 7
    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£246,250 £1,769 2
    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£210,833 £2,554 3
    2010£159,000 £1,476 1
    2009£110,000 £1,467 1
    2008£168,0001
    2007£212,375 £1,758 8
    2006£124,838 £1,892 8
    2005£110,500 £1,678 2
    2004£147,000 £2,057 2
    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£278,000 £1,200 5
    2022£420,157 £2,096 7
    2021£333,1575
    2020£415,000 £1,205 2
    2019£634,683 £1,602 9
    2018£1,063,571 £62,539 7
    2017£349,8489
    2016£170,750 £707 4
    2015£116,6673
    2014£556,6673
    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£280,0001
    2004£145,0001
    2002£88,725 £814 2
    1999£60,0001
    1997£527,0001

    House Type in NE8 1LX area

    The most common house types in the NE8 1LX postcode area are Flat (69), Terraced (6), and Shared house (4).

    Total82
    Flat69
    Terraced6
    Shared house4
    Semi-detached2
    Detached1
    converted building0
    commercial 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 (59), and Social rented: Other social rented (6).

    Social rented: Rents from council or Local Authority59
    Social rented: Other social rented6
    Owned: Owns with a mortgage or loan5
    Private rented: Private landlord or letting agency5
    Owned: Owns outright4
    Private rented: Other private rented2
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE8 1LX have 1 person in household (54), and 2 people in household (17).

    1 person in household54
    2 people in household17
    3 people in household3
    4 people in household3
    5 people in household2
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0