Housing Market Analysis for CHICHESTER CLOSE, NE8 1NN

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £90,522 median price is £89,950 Standard Deviation is £29,093 with Total Sold: 9
    • The Last 5 Year average price is £113,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 19 CHICHESTER CLOSE: £100,000 (Sold on 22 Feb 2022)
    • The first recorded sale happened at this postcode is 5 CHICHESTER CLOSE: £115,000 (Sold on 11 Aug 2023)
  • Flat
    • The average price is around £95,000 median price is £95,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 CHICHESTER CLOSE: £95,000 (Sold on 25 Jul 2008)
    • The first recorded sale happened at this postcode is 2 CHICHESTER CLOSE: £95,000 (Sold on 25 Jul 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 1NN 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
2022£100,000 £1,176 1
2020£125,000 £1,289 1
2018£89,950 £1,058 1
2014£72,500 £853 1
2007£128,000 £1,506 1
2005£83,000 £976 1
2004£70,2501
1999£31,000 £341 1
2023£115,000 £1,353 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£95,000 £1,092 1

All the Sales in the CHICHESTER CLOSE, NE8 1NN

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

AddressSold DatePrice% Change
19 CHICHESTER CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196622 Feb 2022£100,00037.93%
27 Nov 2014£72,500First Sale
11 CHICHESTER CLOSETerraced, FreeholdArea: 97 Sq.mtrAge: 1967-197515 Jan 2020£125,000First Sale
28 CHICHESTER CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1976-198216 Nov 2018£89,950First Sale
2 CHICHESTER CLOSEFlat, FreeholdArea: 87 Sq.mtrAge: 1950-196625 Jul 2008£95,000First Sale
5 CHICHESTER CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1976-198205 Apr 2007£128,00011.30%
11 Aug 2023£115,000First Sale
16 CHICHESTER CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-197530 Sep 2005£83,000First Sale
21 CHICHESTER CLOSETerraced, Freehold13 Feb 2004£70,250First Sale
4 CHICHESTER CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1976-198228 Jun 1999£31,000First Sale

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

CHICHESTER CLOSE, NE8 1NN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £115,356 median price is £112,500 Standard Deviation is £66,578 with Total Sold: 1,595
    • The Last 5 Year average price is £167,077 with Total Sold: 256
    • The most recent sale happened at this postcode is , 2 ST EDMUNDS ROAD: £190,000 (Sold on 16 Aug 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 £64,208 median price is £60,000 Standard Deviation is £35,918 with Total Sold: 1,034
    • The Last 5 Year average price is £84,562 with Total Sold: 127
    • The most recent sale happened at this postcode is , 5A POPLAR CRESCENT: £122,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 40 : £14,000 (Sold on 03 Jan 1995)
  • Other
    • The average price is around £265,327 median price is £119,625 Standard Deviation is £531,769 with Total Sold: 100
    • The Last 5 Year average price is £302,190 with Total Sold: 64
    • 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)
  • Semi-Detached
    • The average price is around £119,203 median price is £112,000 Standard Deviation is £70,573 with Total Sold: 195
    • The Last 5 Year average price is £188,312 with Total Sold: 16
    • 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 , 49 WINDERMERE STREET WEST: £64,500 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£203,357 £1,464 14
2023£173,338 £1,502 53
2022£173,336 £1,479 55
2021£168,912 £1,375 45
2020£160,101 £1,198 44
2019£145,754 £1,216 45
2018£155,353 £1,315 39
2017£162,072 £1,293 53
2016£143,103 £1,249 59
2015£151,895 £1,201 46
2014£158,127 £1,242 48
2013£125,425 £1,060 34
2012£133,951 £1,065 35
2011£128,627 £1,159 36
2010£146,817 £1,226 47
2009£123,099 £1,075 40
2008£148,624 £1,098 48
2007£140,585 £1,305 72
2006£141,261 £1,278 70
2005£144,591 £1,156 69
2004£117,948 £1,177 106
2003£82,594 £749 97
2002£64,473 £582 103
2001£45,926 £388 47
2000£47,646 £447 62
1999£39,421 £392 60
1998£38,102 £315 45
1997£35,289 £225 44
1996£41,436 £293 51
1995£36,105 £259 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£106,829 £1,645 14
2023£86,319 £1,242 23
2022£77,404 £1,119 24
2021£93,000 £1,130 22
2020£79,526 £1,026 19
2019£73,750 £1,058 25
2018£77,572 £1,069 29
2017£83,740 £1,105 25
2016£75,595 £1,095 21
2015£74,991 £1,035 27
2014£65,344 £939 31
2013£78,270 £1,056 15
2012£75,739 £1,046 17
2011£74,163 £1,084 15
2010£78,596 £1,147 13
2009£74,367 £1,124 15
2008£86,960 £1,220 25
2007£92,713 £1,292 65
2006£83,435 £1,190 72
2005£78,624 £1,107 90
2004£75,550 £1,128 86
2003£47,647 £747 81
2002£47,242 £855 66
2001£25,979 £407 42
2000£25,462 £314 30
1999£25,853 £312 34
1998£22,017 £275 27
1997£21,905 £256 21
1996£26,273 £268 28
1995£21,139 £277 32
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£101,333 £2,190 6
2023£179,000 £2,087 10
2022£337,935 £1,958 10
2021£349,399 £999 12
2020£124,292 £1,040 6
2019£431,213 £1,365 20
2018£171,333 £2,333 6
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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,0001
2023£315,000 £2,096 2
2022£205,333 £2,348 3
2021£165,100 £1,566 5
2020£171,667 £1,723 3
2019£108,250 £1,783 2
2018£139,708 £1,316 6
2017£144,417 £1,711 6
2016£195,500 £1,769 3
2015£150,769 £1,895 2
2014£195,900 £1,394 5
2013£129,500 £1,081 2
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£140,600 £1,098 5
2007£183,168 £1,543 19
2006£140,407 £1,543 14
2005£150,987 £1,357 7
2004£111,895 £969 10
2003£113,604 £1,168 14
2002£92,269 £950 13
2001£67,538 £764 26
2000£51,784 £724 16
1999£25,875 £281 4
1998£52,0002
1997£41,683 £296 6
1996£57,833 £291 3
1995£59,500 £457 4

House Type in NE8 1NN area

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