Housing Market Analysis for PETERBOROUGH CLOSE, NE8 1NL

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £88,500 median price is £95,000 Standard Deviation is £42,909 with Total Sold: 3
    • The Last 5 Year average price is £116,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 PETERBOROUGH CLOSE: £137,500 (Sold on 10 Dec 2021)
    • The first recorded sale happened at this postcode is 1 PETERBOROUGH CLOSE: £33,000 (Sold on 28 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 1NL 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£137,500 £1,618 1
2019£95,000 £1,131 1
1995£33,0001

All the Sales in the PETERBOROUGH CLOSE, NE8 1NL

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

AddressSold DatePrice% Change
5 PETERBOROUGH CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1976-198210 Dec 2021£137,500First Sale
16 PETERBOROUGH CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1976-198201 Mar 2019£95,000First Sale
1 PETERBOROUGH CLOSETerraced, Freehold28 Jul 1995£33,000First Sale

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

PETERBOROUGH CLOSE, NE8 1NL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £115,434 median price is £114,725 Standard Deviation is £65,786 with Total Sold: 1,510
    • The Last 5 Year average price is £164,602 with Total Sold: 247
    • 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 , 57 DURHAM ROAD: £45,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £67,782 median price is £60,000 Standard Deviation is £38,367 with Total Sold: 1,112
    • The Last 5 Year average price is £103,435 with Total Sold: 196
    • The most recent sale happened at this postcode is , 74 WINDMILL WAY: £71,500 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 40 : £14,000 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £118,999 median price is £112,000 Standard Deviation is £70,623 with Total Sold: 204
    • The Last 5 Year average price is £188,600 with Total Sold: 19
    • The most recent sale happened at this postcode is , 154 PRINCE CONSORT ROAD: £285,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 49 WINDERMERE STREET WEST: £64,500 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £323,245 median price is £123,750 Standard Deviation is £735,977 with Total Sold: 97
    • The Last 5 Year average price is £315,452 with Total Sold: 60
    • The most recent sale happened at this postcode is , 66 RIPON STREET: £55,000 (Sold on 10 Apr 2024)
    • 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 £167,835 median price is £155,000 Standard Deviation is £80,059 with Total Sold: 39
    • The Last 5 Year average price is £220,594 with Total Sold: 8
    • The most recent sale happened at this postcode is , 11 BARRINGTON PLACE: £350,000 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is , 245 PRINCE CONSORT ROAD: £100,000 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,354 £1,464 15
2023£168,702 £1,512 49
2022£168,717 £1,501 53
2021£167,066 £1,369 46
2020£163,594 £1,231 42
2019£143,379 £1,209 42
2018£155,648 £1,338 36
2017£160,454 £1,296 48
2016£139,554 £1,268 56
2015£156,766 £1,242 42
2014£153,655 £1,232 46
2013£126,574 £1,094 33
2012£136,421 £1,089 34
2011£130,873 £1,172 35
2010£146,087 £1,221 45
2009£122,099 £1,078 40
2008£152,410 £1,123 45
2007£141,087 £1,301 70
2006£138,905 £1,280 66
2005£146,485 £1,138 63
2004£119,050 £1,194 100
2003£83,818 £761 93
2002£64,492 £587 99
2001£45,817 £400 41
2000£48,783 £462 55
1999£39,847 £394 59
1998£37,421 £293 43
1997£33,452 £203 36
1996£41,065 £293 50
1995£36,712 £257 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£108,728 £1,645 18
2023£125,259 £2,786 94
2022£73,805 £1,056 22
2021£89,605 £1,111 19
2020£81,833 £1,051 18
2019£69,710 £1,057 25
2018£51,889 £1,070 116
2017£76,350 £1,083 20
2016£76,450 £1,107 20
2015£75,375 £1,038 26
2014£67,927 £948 26
2013£74,591 £1,065 12
2012£71,040 £1,028 15
2011£70,227 £1,078 13
2010£78,596 £1,147 13
2009£73,000 £1,119 14
2008£87,875 £1,230 24
2007£92,941 £1,308 61
2006£85,255 £1,207 66
2005£78,966 £1,114 82
2004£75,909 £1,139 85
2003£47,954 £760 78
2002£47,401 £885 61
2001£25,309 £416 36
2000£25,810 £319 25
1999£26,655 £337 29
1998£21,236 £281 21
1997£20,368 £260 19
1996£26,314 £284 22
1995£21,139 £277 32
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£247,5002
2023£271,667 £2,008 3
2022£205,333 £2,348 3
2021£161,375 £1,647 4
2020£158,350 £1,644 4
2019£126,167 £1,723 3
2018£139,708 £1,316 6
2017£141,643 £1,764 7
2016£195,500 £1,769 3
2015£150,769 £1,895 2
2014£195,900 £1,394 5
2013£118,000 £1,097 3
2012£141,875 £1,385 4
2011£176,875 £2,142 4
2010£166,000 £1,443 2
2009£112,500 £1,467 2
2008£143,250 £1,098 4
2007£183,168 £1,543 19
2006£140,439 £1,599 14
2005£147,114 £1,357 8
2004£111,950 £969 11
2003£113,604 £1,168 14
2002£93,577 £950 13
2001£68,031 £792 24
2000£52,209 £724 17
1999£29,090 £281 5
1998£52,0002
1997£41,683 £296 6
1996£59,300 £379 4
1995£52,917 £457 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£102,5004
2023£179,000 £2,087 10
2022£337,935 £1,958 10
2021£397,779 £1,050 10
2020£124,292 £1,040 6
2019£431,213 £1,365 20
2018£894,714 £42,137 7
2017£193,022 £4,305 15
2016£123,125 £1,214 6
2015£152,929 £1,214 7
2014£730,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,000 £2,823 1
2023£250,000 £1,689 1
2022£173,625 £1,279 2
2021£189,167 £1,375 3
2019£250,000 £1,020 1
2018£210,000 £1,148 1
2017£300,000 £2,419 1
2016£250,0001
2012£47,000 £783 1
2011£98,500 £1,151 1
2008£170,0001
2007£242,500 £1,270 2
2006£147,250 £827 4
2005£143,488 £1,017 4
2004£204,567 £1,075 6
2003£95,833 £802 3
2002£88,725 £814 2
2001£100,0001
1999£60,0001
1997£105,0001
1996£100,0001

House Type in NE8 1NL area

The most common house types in the NE8 1NL postcode area are Terraced (78), Semi-detached (26), and Flat (14).

Total126
Terraced78
Semi-detached26
Flat14
Shared house6
converted building1
commercial building1
Detached0
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 (43), and Owned: Owns outright (30).

Social rented: Rents from council or Local Authority43
Owned: Owns outright30
Owned: Owns with a mortgage or loan23
Private rented: Private landlord or letting agency22
Social rented: Other social rented6
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE8 1NL have 1 person in household (43), and 2 people in household (30).

1 person in household43
2 people in household30
3 people in household22
4 people in household14
5 people in household9
6 people in household7
7 people in household2
8 or more people in household1
0 people in household0