Housing Market Analysis for WINDMILL WAY, NE8 1NU

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

Overview of Sold House prices

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

Flat
- The average price is around £83,327 median price is £80,000 Standard Deviation is £37,175 with Total Sold: 33
- The Last 5 Year average price is £89,833 with Total Sold: 3
- The most recent sale happened at this postcode is 70 WINDMILL WAY: £98,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is 74 WINDMILL WAY: £71,500 (Sold on 13 Sep 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 1NU 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£98,000	£1,750	1
2018	£80,000	£1,515	3
2017	£108,000	£2,281	1
2014	£71,500	£1,100	1
2010	£93,500	£1,731	1
2007	£115,000	£2,212	1
2006	£109,333	£2,201	3
2005	£101,000	£1,852	2
2004	£99,650	£1,964	3
2002	£68,223	£1,310	15
2024	£85,750		2

All the Sales in the WINDMILL WAY, NE8 1NU

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

Address	Sold Date	Price	% Change
70 WINDMILL WAYFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	31 Mar 2023	£98,000	-10.91%
	22 Oct 2004	£110,000	69.36%
	27 Jun 2002	£64,950	First Sale
64 WINDMILL WAYFlat, LeaseholdArea: 53 Sq.mtrAge: 1996-2002	05 Apr 2018	£80,000	63.43%
64 WINDMILL WAYFlat, LeaseholdArea: 53 Sq.mtrAge: 1996-2002	28 Feb 2002	£48,950	First Sale
72 WINDMILL WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1996-2002	05 Apr 2018	£80,000	64.95%
72 WINDMILL WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1996-2002	28 Feb 2002	£48,500	First Sale
71 WINDMILL WAYFlat, LeaseholdArea: 49 Sq.mtrAge: 1996-2002	05 Apr 2018	£80,000	61.62%
71 WINDMILL WAYFlat, LeaseholdArea: 49 Sq.mtrAge: 1996-2002	15 Mar 2002	£49,500	First Sale
69 WINDMILL WAYFlat, LeaseholdArea: 47.34 Sq.mtrAge: 2003-2006	12 Apr 2017	£108,000	-4.42%
	07 Jul 2006	£113,000	93.16%
	01 Mar 2002	£58,500	First Sale
66 WINDMILL WAYFlat, LeaseholdArea: 65 Sq.mtrAge: 2003-2006	10 Jan 2014	£71,500	13.49%
	28 Feb 2002	£63,000	-37.00%
	19 Mar 2024	£100,000	First Sale
74 WINDMILL WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 1996-2002	05 Nov 2010	£93,500	-6.50%
	09 Sep 2005	£100,000	-60.00%
	28 Mar 2002	£250,000	249.65%
	13 Sep 2024	£71,500	First Sale
75 WINDMILL WAYFlat, LeaseholdArea: 52 Sq.mtrAge: 1996-2002	09 Nov 2007	£115,000	96.58%
75 WINDMILL WAYFlat, LeaseholdArea: 52 Sq.mtrAge: 1996-2002	28 Feb 2002	£58,500	First Sale
73 WINDMILL WAYFlat, LeaseholdArea: 51 Sq.mtrAge: 1996-2002	20 Dec 2006	£110,000	88.03%
73 WINDMILL WAYFlat, LeaseholdArea: 51 Sq.mtrAge: 1996-2002	28 Feb 2002	£58,500	First Sale
65 WINDMILL WAYFlat, LeaseholdArea: 51 Sq.mtrAge: 1996-2002	26 Apr 2006	£105,000	121.05%
65 WINDMILL WAYFlat, LeaseholdArea: 51 Sq.mtrAge: 1996-2002	20 Feb 2002	£47,500	First Sale
62 WINDMILL WAYFlat, Leasehold	22 Dec 2005	£102,000	12.09%
	26 Mar 2004	£91,000	91.58%
	31 Jan 2002	£47,500	First Sale
67 WINDMILL WAYFlat, Leasehold	04 Jun 2004	£97,950	67.44%
67 WINDMILL WAYFlat, Leasehold	19 Mar 2002	£58,500	First Sale
68 WINDMILL WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	28 Mar 2002	£63,500	First Sale
76 WINDMILL WAYFlat, LeaseholdArea: 60.9 Sq.mtrAge: 1996-2002	14 Mar 2002	£59,000	First Sale
63 WINDMILL WAYFlat, LeaseholdArea: 48.9 Sq.mtrAge: 1996-2002	28 Feb 2002	£46,950	First Sale

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

WINDMILL WAY, NE8 1NU Near By properties

Interactive Map

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

Flat
- The average price is around £58,681 median price is £57,500 Standard Deviation is £33,251 with Total Sold: 1,085
- The Last 5 Year average price is £78,326 with Total Sold: 107
- 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 , 24 BALFOUR STREET: £16,000 (Sold on 04 Jan 1995)
Terraced
- The average price is around £108,310 median price is £97,308 Standard Deviation is £63,566 with Total Sold: 1,144
- The Last 5 Year average price is £154,540 with Total Sold: 176
- The most recent sale happened at this postcode is , 12 CLAREMONT NORTH AVENUE: £120,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 22 WINDERMERE STREET: £48,000 (Sold on 25 Jan 1995)
Other
- The average price is around £252,447 median price is £110,000 Standard Deviation is £965,932 with Total Sold: 71
- The Last 5 Year average price is £335,402 with Total Sold: 42
- The most recent sale happened at this postcode is , 4 SEDGEWICK PLACE: £85,000 (Sold on 05 Apr 2024)
- The first recorded sale happened at this postcode is , 3 SHAFTESBURY WALK: £63,000 (Sold on 09 May 2014)
Detached
- The average price is around £131,272 median price is £105,250 Standard Deviation is £74,418 with Total Sold: 84
- The Last 5 Year average price is £237,806 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 , 32 SOUTH HILL ROAD: £59,950 (Sold on 25 Aug 1995)
Semi-Detached
- The average price is around £115,562 median price is £99,975 Standard Deviation is £66,636 with Total Sold: 168
- The Last 5 Year average price is £185,324 with Total Sold: 17
- 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£88,289	£1,302	9
2023	£87,153	£1,295	17
2022	£69,227	£1,068	24
2021	£85,350	£1,038	20
2020	£85,812	£1,041	12
2019	£68,258	£986	25
2018	£71,563	£1,022	24
2017	£73,918	£1,059	33
2016	£71,970	£1,027	20
2015	£66,228	£1,008	23
2014	£64,236	£961	30
2013	£76,250	£955	9
2012	£70,192	£999	13
2011	£70,626	£1,047	17
2010	£86,045	£1,288	11
2009	£68,441	£1,107	17
2008	£83,419	£1,195	31
2007	£85,560	£1,291	76
2006	£78,956	£1,160	80
2005	£69,080	£1,056	104
2004	£67,828	£1,063	104
2003	£41,794	£661	93
2002	£44,785	£830	72
2001	£23,079	£368	49
2000	£21,391	£299	35
1999	£17,638	£229	30
1998	£18,526	£248	29
1997	£18,888	£274	15
1996	£21,092	£272	32
1995	£21,695	£292	31

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£212,646	£1,464	12
2023	£158,929	£1,469	35
2022	£156,998	£1,416	44
2021	£155,938	£1,389	26
2020	£135,979	£1,189	26
2019	£138,997	£1,188	33
2018	£146,692	£1,371	24
2017	£141,376	£1,220	34
2016	£134,283	£1,300	44
2015	£128,320	£1,173	24
2014	£145,382	£1,232	36
2013	£126,498	£1,143	25
2012	£140,682	£1,156	22
2011	£119,965	£1,109	24
2010	£154,541	£1,282	35
2009	£125,236	£1,276	21
2008	£144,577	£1,193	28
2007	£128,369	£1,351	57
2006	£131,851	£1,409	62
2005	£123,082	£1,185	65
2004	£112,738	£1,256	87
2003	£76,321	£783	70
2002	£62,049	£598	91
2001	£38,636	£418	32
2000	£46,068	£472	48
1999	£41,454	£422	38
1998	£36,481	£329	31
1997	£34,423	£217	24
1996	£37,859	£296	29
1995	£33,379	£252	17

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£94,333	£2,190	3
2023	£171,312	£3,020	8
2022	£121,039	£1,720	9
2021	£90,683	£1,587	6
2020	£1,105,062	£20,923	8
2019	£244,928	£1,194	8
2018	£122,000	£1,959	2
2017	£147,127	£1,993	13
2016	£110,844	£1,476	8
2015	£146,100	£1,167	5
2014	£63,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000	£2,823	1
2023	£250,000	£1,689	1
2022	£235,000	£2,263	2
2021	£210,833	£1,678	3
2019	£199,950	£2,352	1
2018	£180,000	£1,256	2
2017	£300,000	£2,419	1
2016	£250,000		1
2015	£215,000	£1,853	1
2013	£178,500	£1,621	2
2011	£98,500	£1,151	1
2010	£188,500	£2,012	2
2009	£175,000		1
2008	£170,000		1
2007	£204,250	£1,473	4
2006	£119,250	£1,120	4
2005	£163,690	£1,736	5
2004	£199,271	£1,393	7
2003	£109,643	£914	7
2002	£99,242	£836	6
2001	£77,667	£670	3
2000	£65,833		3
1999	£66,690		5
1998	£62,269	£625	8
1997	£58,983	£717	3
1996	£56,157	£546	7
1995	£59,725	£708	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,000		1
2023	£315,000	£2,096	2
2022	£205,333	£2,348	3
2021	£177,100	£1,634	5
2020	£171,667	£1,723	3
2019	£98,000	£1,492	3
2018	£122,375	£1,513	4
2017	£153,600	£1,702	5
2016	£132,000	£872	2
2015	£150,769	£1,895	2
2014	£195,900	£1,394	5
2013	£149,000	£1,620	1
2012	£140,833	£1,586	3
2011	£81,875	£894	4
2010	£127,333	£1,158	3
2009	£110,000	£1,467	1
2008	£114,333	£1,307	3
2007	£185,773	£1,793	11
2006	£152,193	£1,617	14
2005	£152,844	£1,357	7
2004	£103,994	£1,244	8
2003	£107,791	£1,202	12
2002	£92,107	£950	14
2001	£68,823	£789	24
2000	£51,784	£724	16
1999	£28,167	£352	3
1998	£63,000	£426	2
1997	£44,750	£376	2
1996	£57,833	£291	3
1995	£57,250	£457	2

House Type in NE8 1NU area

The most common house types in the NE8 1NU postcode area are Flat (47), Terraced (30), and Semi-detached (10).

Total	89
Flat	47
Terraced	30
Semi-detached	10
Detached	1
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (31), and Owned: Owns with a mortgage or loan (27).

Private rented: Private landlord or letting agency	31
Owned: Owns with a mortgage or loan	27
Social rented: Other social rented	16
Owned: Owns outright	10
Shared ownership: Shared ownership	4
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE8 1NU have 1 person in household (41), and 2 people in household (29).

1 person in household	41
2 people in household	29
3 people in household	15
4 people in household	4
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0