Housing Market Analysis for BEDFORD PLACE, NE8 1PY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £133,333 median price is £120,000 Standard Deviation is £26,247 with Total Sold: 3
    • The most recent sale happened at this postcode is 3 BEDFORD PLACE: £120,000 (Sold on 14 Sep 2018)
    • The first recorded sale happened at this postcode is 3 BEDFORD PLACE: £110,000 (Sold on 04 Jun 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 1PY 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£120,000 £1,600 1
2016£170,000 £872 1
2009£110,000 £1,467 1

All the Sales in the BEDFORD PLACE, NE8 1PY

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

AddressSold DatePrice% Change
3 BEDFORD PLACESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1900-192914 Sep 2018£120,0009.09%
04 Jun 2009£110,000First Sale
2 BEDFORD PLACESemi-Detached, FreeholdArea: 195 Sq.mtrAge: before 190031 Aug 2016£170,000First Sale

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

BEDFORD PLACE, NE8 1PY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £113,880 median price is £115,000 Standard Deviation is £63,447 with Total Sold: 811
    • The Last 5 Year average price is £152,508 with Total Sold: 125
    • 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 £124,134 median price is £125,800 Standard Deviation is £55,074 with Total Sold: 1,641
    • The Last 5 Year average price is £138,502 with Total Sold: 307
    • 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 , 37 CLAREMONT NORTH AVENUE: £23,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £309,757 median price is £123,750 Standard Deviation is £672,540 with Total Sold: 54
    • The Last 5 Year average price is £392,615 with Total Sold: 33
    • 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 , UNITED SERVICES CLUB MULGRAVE TERRACE: £210,000 (Sold on 04 Sep 2014)
  • Detached
    • The average price is around £193,848 median price is £215,000 Standard Deviation is £108,052 with Total Sold: 26
    • The Last 5 Year average price is £231,625 with Total Sold: 6
    • 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 , 232 - 240 HIGH STREET: £527,000 (Sold on 01 May 1997)
  • Semi-Detached
    • The average price is around £124,708 median price is £115,750 Standard Deviation is £64,619 with Total Sold: 140
    • The Last 5 Year average price is £173,692 with Total Sold: 13
    • 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)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£193,722 £1,464 9
2023£146,814 £1,495 23
2022£156,652 £1,495 27
2021£155,169 £1,396 24
2020£142,783 £1,245 21
2019£142,438 £1,348 21
2018£149,081 £1,595 18
2017£132,778 £1,337 23
2016£137,544 £1,284 32
2015£141,076 £1,313 22
2014£142,888 £1,270 26
2013£129,197 £1,201 15
2012£130,809 £1,152 22
2011£123,707 £1,208 18
2010£150,728 £1,352 26
2009£123,938 £1,433 17
2008£170,067 £1,409 21
2007£137,361 £1,410 38
2006£138,657 £1,318 43
2005£143,191 £1,120 38
2004£126,110 £1,320 66
2003£83,504 £872 54
2002£70,430 £696 64
2001£44,076 £444 21
2000£51,854 £595 31
1999£43,766 £493 28
1998£28,640 £291 19
1997£28,729 £178 14
1996£34,561 £278 19
1995£33,773 £307 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£142,281 £2,197 27
2023£140,281 £2,216 59
2022£144,698 £2,259 63
2021£138,658 £2,147 54
2020£141,166 £2,082 45
2019£126,205 £1,947 59
2018£142,763 £2,084 88
2017£137,359 £2,215 54
2016£139,524 £2,225 109
2015£124,028 £1,983 48
2014£134,972 £2,034 87
2013£107,746 £1,990 24
2012£117,312 £1,974 56
2011£96,546 £1,601 26
2010£124,503 £1,998 19
2009£141,307 £2,108 39
2008£126,158 £2,158 48
2007£140,989 £2,423 173
2006£129,854 £2,248 97
2005£133,726 £2,285 189
2004£127,062 £1,962 107
2003£56,177 £928 44
2002£54,542 £1,103 45
2001£27,233 £492 21
2000£24,745 £335 10
1999£19,612 £246 12
1998£23,375 £374 4
1997£17,188 £258 8
1996£28,665 £305 10
1995£21,653 £296 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£85,0001
2023£157,500 £2,672 6
2022£420,157 £2,096 7
2021£236,5575
2020£415,000 £1,205 2
2019£581,035 £1,194 12
2018£282,333 £3,333 3
2017£180,791 £7,055 8
2016£147,350 £707 5
2015£132,625 £1,167 4
2014£210,0001
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£221,250 £1,290 2
2018£210,000 £1,148 1
2017£300,000 £2,419 1
2012£47,000 £783 1
2007£250,0001
2006£147,250 £827 4
2005£147,475 £1,284 2
2004£243,100 £1,315 4
2003£111,250 £752 2
2002£88,725 £814 2
1999£60,0001
1997£527,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,0001
2023£150,000 £2,586 1
2022£205,333 £2,348 3
2021£183,500 £1,813 3
2020£171,667 £1,723 3
2019£108,250 £1,783 2
2018£137,900 £1,422 5
2017£153,600 £1,702 5
2016£132,000 £872 2
2015£150,769 £1,895 2
2014£184,875 £1,457 4
2013£149,000 £1,620 1
2012£138,750 £1,645 2
2011£176,875 £2,142 4
2010£166,000 £1,443 2
2009£110,000 £1,467 1
2008£147,000 £1,307 3
2007£184,458 £1,704 12
2006£155,100 £1,708 12
2005£151,652 £1,357 6
2004£118,988 £1,526 4
2003£118,155 £1,271 11
2002£95,792 £950 12
2001£69,511 £792 23
2000£60,141 £798 11
1999£54,500 £727 1
1997£38,167 £381 3
1995£82,5001

House Type in NE8 1PY area

The most common house types in the NE8 1PY postcode area are Terraced (78), Semi-detached (63), and Flat (21).

Total164
Terraced78
Semi-detached63
Flat21
Detached1
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (47), and Owned: Owns outright (45).

Owned: Owns with a mortgage or loan47
Owned: Owns outright45
Private rented: Private landlord or letting agency43
Social rented: Other social rented16
Shared ownership: Shared ownership6
Social rented: Rents from council or Local Authority5
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE8 1PY have 2 people in household (71), and 1 person in household (44).

2 people in household71
1 person in household44
3 people in household20
4 people in household20
5 people in household4
6 people in household3
7 people in household2
0 people in household0
8 or more people in household0