Housing Market Analysis for CHESTER PLACE, NE8 1QB

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

Overview of Sold House prices

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

Terraced
- The average price is around £65,722 median price is £72,500 Standard Deviation is £29,954 with Total Sold: 24
- The Last 5 Year average price is £93,723 with Total Sold: 5
- The most recent sale happened at this postcode is 18 CHESTER PLACE: £97,116 (Sold on 26 May 2023)
- The first recorded sale happened at this postcode is 28 CHESTER PLACE: £15,550 (Sold on 04 Jun 1996)
Flat
- The average price is around £48,000 median price is £48,000 Standard Deviation is £32,000 with Total Sold: 2
- The most recent sale happened at this postcode is 32 CHESTER PLACE: £80,000 (Sold on 02 Feb 2007)
- The first recorded sale happened at this postcode is 32 CHESTER PLACE: £16,000 (Sold on 11 Dec 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 1QB 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£98,558	£1,224	2
2022	£94,500	£1,243	1
2021	£95,000	£1,231	1
2020	£82,000	£1,188	1
2016	£75,000	£987	1
2014	£89,000	£1,171	1
2008	£90,000		1
2006	£93,333	£1,093	3
2004	£69,950		1
2003	£73,500	£1,048	3
2002	£52,750		2
2001	£37,000	£444	3
2000	£37,200	£539	1
1997	£7,500	£21	2
1996	£15,550		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£80,000	£1,455	1
1998	£16,000	£291	1

All the Sales in the CHESTER PLACE, NE8 1QB

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

Address	Sold Date	Price	% Change
18 CHESTER PLACETerraced, FreeholdArea: 72 Sq.mtrAge: 1900-1929	26 May 2023	£97,116	First Sale
26 CHESTER PLACETerraced, FreeholdArea: 91 Sq.mtrAge: 1900-1929	22 May 2023	£100,000	First Sale
10 CHESTER PLACETerraced, FreeholdArea: 76 Sq.mtrAge: before 1900	08 Feb 2022	£94,500	26.00%
	21 Jan 2016	£75,000	First Sale
24 CHESTER PLACETerraced, FreeholdArea: 77.2 Sq.mtrAge: 1900-1929	26 Oct 2021	£95,000	5.56%
	26 Jul 2006	£90,000	164.71%
	24 Aug 2001	£34,000	First Sale
4 CHESTER PLACETerraced, FreeholdArea: 69 Sq.mtrAge: before 1900	28 Feb 2020	£82,000	-5.20%
	24 Oct 2003	£86,500	132.53%
	29 Sep 2000	£37,200	First Sale
8 CHESTER PLACETerraced, FreeholdArea: 76 Sq.mtrAge: 1900-1929	28 Mar 2014	£89,000	39.06%
	30 May 2003	£64,000	52.38%
	31 Jul 2001	£42,000	First Sale
20 CHESTER PLACETerraced, Freehold	31 Oct 2008	£90,000	42.86%
	12 Dec 2002	£63,000	384.62%
	19 Dec 1997	£13,000	First Sale
32 CHESTER PLACEFlat, FreeholdArea: 55 Sq.mtrAge: 1900-1929	02 Feb 2007	£80,000	400.00%
32 CHESTER PLACEFlat, FreeholdArea: 55 Sq.mtrAge: 1900-1929	11 Dec 1998	£16,000	First Sale
30 CHESTER PLACETerraced, FreeholdArea: 102.86 Sq.mtrAge: 1900-1929	16 Nov 2006	£105,000	200.00%
	02 Oct 2001	£35,000	First Sale
14 CHESTER PLACETerraced, Freehold	03 Feb 2006	£85,000	21.43%
14 CHESTER PLACETerraced, Freehold	21 Aug 2003	£70,000	First Sale
2 CHESTER PLACETerraced, Freehold	30 Sep 2004	£69,950	First Sale
6 CHESTER PLACETerraced, Freehold	24 Jun 2002	£42,500	First Sale
36 CHESTER PLACETerraced, FreeholdArea: 94 Sq.mtrAge: 1900-1929	16 Dec 1997	£2,000	First Sale
28 CHESTER PLACETerraced, Freehold	04 Jun 1996	£15,550	First Sale

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

CHESTER PLACE, NE8 1QB Near By properties

Interactive Map

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

Terraced
- The average price is around £109,176 median price is £100,000 Standard Deviation is £64,667 with Total Sold: 1,376
- The Last 5 Year average price is £158,892 with Total Sold: 217
- 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 , 22 WINDERMERE STREET: £48,000 (Sold on 25 Jan 1995)
Flat
- The average price is around £58,267 median price is £57,000 Standard Deviation is £32,796 with Total Sold: 1,175
- The Last 5 Year average price is £76,825 with Total Sold: 118
- 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)
Other
- The average price is around £244,151 median price is £110,000 Standard Deviation is £913,651 with Total Sold: 80
- The Last 5 Year average price is £311,126 with Total Sold: 49
- 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 , 3 SHAFTESBURY WALK: £63,000 (Sold on 09 May 2014)
Detached
- The average price is around £132,662 median price is £112,000 Standard Deviation is £75,963 with Total Sold: 81
- The Last 5 Year average price is £222,970 with Total Sold: 10
- 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 £119,824 median price is £110,000 Standard Deviation is £70,737 with Total Sold: 171
- The Last 5 Year average price is £192,062 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,394	£1,464	16
2023	£161,987	£1,450	37
2022	£167,678	£1,426	50
2021	£158,247	£1,372	34
2020	£151,941	£1,185	35
2019	£137,720	£1,195	45
2018	£150,810	£1,376	31
2017	£144,551	£1,253	43
2016	£135,318	£1,250	53
2015	£140,807	£1,176	38
2014	£147,160	£1,210	45
2013	£128,394	£1,146	24
2012	£132,390	£1,087	29
2011	£116,754	£1,079	32
2010	£148,736	£1,236	40
2009	£121,391	£1,178	28
2008	£140,704	£1,118	36
2007	£129,475	£1,350	57
2006	£132,532	£1,370	69
2005	£128,737	£1,159	71
2004	£112,511	£1,209	99
2003	£76,333	£748	83
2002	£62,229	£593	98
2001	£39,628	£392	43
2000	£45,400	£448	56
1999	£40,021	£395	47
1998	£37,698	£322	40
1997	£37,555	£237	30
1996	£40,821	£306	44
1995	£36,735	£269	23

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£83,600	£1,279	11
2023	£86,005	£1,276	18
2022	£67,480	£1,047	27
2021	£87,714	£1,061	21
2020	£79,589	£997	14
2019	£67,387	£979	27
2018	£67,949	£985	29
2017	£75,280	£1,069	35
2016	£71,452	£1,035	23
2015	£63,848	£956	28
2014	£62,505	£939	36
2013	£78,100	£997	12
2012	£69,931	£988	15
2011	£70,626	£1,047	17
2010	£78,786	£1,166	14
2009	£71,781	£1,097	16
2008	£84,621	£1,194	29
2007	£86,598	£1,294	80
2006	£77,253	£1,142	88
2005	£69,440	£1,049	111
2004	£66,060	£1,015	113
2003	£40,402	£636	106
2002	£43,595	£797	74
2001	£22,135	£349	55
2000	£21,560	£283	34
1999	£17,714	£231	33
1998	£19,063	£241	27
1997	£18,288	£261	15
1996	£22,754	£266	35
1995	£21,627	£289	32

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£75,600	£2,190	5
2023	£171,312	£3,020	8
2022	£117,706	£1,720	9
2021	£190,611	£1,587	8
2020	£898,050	£16,484	10
2019	£214,658	£1,314	9
2018	£131,333	£2,417	3
2017	£158,047	£1,993	14
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	£199,083	£2,263	3
2021	£208,125	£1,678	4
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	£169,000	£2,012	1
2009	£175,000		1
2008	£170,000		1
2007	£213,250		2
2006	£151,400	£1,120	5
2005	£149,590	£1,736	5
2004	£199,271	£1,393	7
2003	£109,643	£914	7
2002	£101,290	£873	5
2001	£77,667	£670	3
2000	£65,833		3
1999	£65,390		5
1998	£62,269	£625	8
1997	£53,000		1
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	£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	£195,900	£1,394	5
2013	£149,000	£1,620	1
2012	£140,833	£1,586	3
2011	£176,875	£2,142	4
2010	£166,000	£1,443	2
2009	£112,500	£1,467	2
2008	£142,750	£1,307	4
2007	£184,458	£1,704	12
2006	£152,193	£1,617	14
2005	£152,844	£1,357	7
2004	£103,994	£1,244	8
2003	£114,017	£1,202	12
2002	£92,107	£950	14
2001	£68,880	£764	25
2000	£51,784	£724	16
1999	£28,167	£352	3
1998	£66,000		1
1997	£38,167	£381	3
1996	£57,833	£291	3
1995	£57,250	£457	2

House Type in NE8 1QB area

The most common house types in the NE8 1QB postcode area are Terraced (48), Flat (31), and Shared house (22).

Total	116
Terraced	48
Flat	31
Shared house	22
commercial building	10
Semi-detached	4
Detached	1
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 (54), and Owned: Owns outright (34).

Private rented: Private landlord or letting agency	54
Owned: Owns outright	34
Owned: Owns with a mortgage or loan	19
Social rented: Other social rented	7
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NE8 1QB have 1 person in household (54), and 2 people in household (29).

1 person in household	54
2 people in household	29
3 people in household	16
4 people in household	10
6 people in household	4
5 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0