Housing Market Analysis for NELSON STREET, NE8 1NY

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

Overview of Sold House prices

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

  • Other
    • The average price is around £270,000 median price is £270,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE OLD DISPENSARY NELSON STREET: £270,000 (Sold on 04 Nov 2016)
    • The first recorded sale happened at this postcode is THE OLD DISPENSARY NELSON STREET: £270,000 (Sold on 04 Nov 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 1NY 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
2016£270,0001

All the Sales in the NELSON STREET, NE8 1NY

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

AddressSold DatePrice% Change
THE OLD DISPENSARY NELSON STREETOther, Leasehold04 Nov 2016£270,000First Sale

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

NELSON STREET, NE8 1NY Near By properties

Interactive Map

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

  • Flat
    • The average price is around £148,284 median price is £146,995 Standard Deviation is £43,334 with Total Sold: 1,405
    • The Last 5 Year average price is £148,635 with Total Sold: 281
    • The most recent sale happened at this postcode is 56, BITTERN HOUSE WORSDELL DRIVE: £175,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 2, THREE INDIAN KINGS YARD, 61 QUAYSIDE: £85,000 (Sold on 25 Oct 1996)
  • Other
    • The average price is around £1,024,321 median price is £295,000 Standard Deviation is £2,186,416 with Total Sold: 41
    • The Last 5 Year average price is £801,730 with Total Sold: 23
    • The most recent sale happened at this postcode is , 17 SANDHILL: £480,000 (Sold on 04 Apr 2024)
    • The first recorded sale happened at this postcode is , UNITED SERVICES CLUB MULGRAVE TERRACE: £210,000 (Sold on 04 Sep 2014)
  • Terraced
    • The average price is around £109,885 median price is £76,250 Standard Deviation is £128,433 with Total Sold: 48
    • The Last 5 Year average price is £118,535 with Total Sold: 5
    • The most recent sale happened at this postcode is , 14 REGENT TERRACE: £140,000 (Sold on 14 Nov 2023)
    • The first recorded sale happened at this postcode is , 15A WALKER TERRACE: £72,500 (Sold on 27 Jun 1995)
  • Detached
    • The average price is around £196,375 median price is £163,750 Standard Deviation is £140,243 with Total Sold: 10
    • 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 , LOMBARD HOUSE, 4 - 8 LOMBARD STREET: £325,000 (Sold on 31 Dec 1996)
  • Semi-Detached
    • The average price is around £113,929 median price is £110,000 Standard Deviation is £26,113 with Total Sold: 7
    • The Last 5 Year average price is £110,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 40 HAVELOCK CLOSE: £110,000 (Sold on 12 Aug 2019)
    • The first recorded sale happened at this postcode is , 23 JACKSON STREET: £82,500 (Sold on 20 Oct 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£158,595 £2,416 22
2023£144,396 £2,301 58
2022£152,103 £2,380 58
2021£147,856 £2,327 50
2020£151,214 £2,263 42
2019£143,855 £2,207 51
2018£153,385 £2,219 81
2017£147,964 £2,350 51
2016£146,904 £2,363 101
2015£136,978 £2,139 42
2014£146,784 £2,197 81
2013£118,496 £2,194 23
2012£130,537 £2,142 53
2011£108,210 £1,834 20
2010£129,562 £2,097 18
2009£150,814 £2,253 35
2008£140,874 £2,455 39
2007£152,888 £2,573 179
2006£157,049 £2,504 120
2005£150,441 £2,486 197
2004£171,270 £2,509 66
2003£171,000 £2,322 5
2002£144,167 £2,617 3
2000£100,000 £2,222 1
1999£79,333 £954 3
1998£100,000 £1,417 2
1997£52,750 £562 2
1996£62,500 £1,889 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2023£415,0003
2022£680,000 £2,344 4
2021£1,228,1575
2020£384,0002
2019£885,7508
2018£2,318,0478
2017£819,0005
2016£234,0002
2015£120,0002
2014£210,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£96,3382
2021£200,0001
2019£100,0002
2017£54,5001
2016£118,0001
2015£102,6673
2012£160,6502
2010£80,000 £1,290 1
2009£100,000 £2,174 1
2008£280,4605
2007£151,5752
2006£65,0002
2005£147,5002
2004£105,000 £988 3
2003£100,667 £582 6
2002£49,9501
2001£99,500 £409 1
2000£56,500 £437 2
1999£47,500 £507 2
1998£21,629 £621 3
1997£38,7252
1996£39,1252
1995£72,5001
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
1999£60,0001
1997£527,0001
1996£325,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£110,000 £1,250 1
2018£120,000 £1,600 1
2016£170,000 £872 1
2009£110,000 £1,467 1
2007£115,000 £1,307 1
2003£90,0001
1995£82,5001

House Type in NE8 1NY area

The most common house types in the NE8 1NY postcode area are Flat (145), Semi-detached (2), and Detached (1).

Total149
Flat145
Semi-detached2
Detached1
Terraced1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (78), and Social rented: Rents from council or Local Authority (29).

Private rented: Private landlord or letting agency78
Social rented: Rents from council or Local Authority29
Owned: Owns with a mortgage or loan23
Owned: Owns outright13
Social rented: Other social rented4
Lives rent free2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE8 1NY have 1 person in household (74), and 2 people in household (65).

1 person in household74
2 people in household65
3 people in household5
4 people in household5
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0