Housing Market Analysis for VILLA PLACE, NE8 1RY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £69,668 median price is £63,000 Standard Deviation is £36,030 with Total Sold: 19
    • The Last 5 Year average price is £117,300 with Total Sold: 5
    • The most recent sale happened at this postcode is 25 VILLA PLACE: £120,000 (Sold on 11 Oct 2023)
    • The first recorded sale happened at this postcode is 12 VILLA PLACE: £34,000 (Sold on 02 Dec 1999)
  • Other
    • The average price is around £55,000 median price is £55,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £55,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 21 VILLA PLACE: £55,000 (Sold on 23 Aug 2023)
    • The first recorded sale happened at this postcode is 21 VILLA PLACE: £55,000 (Sold on 23 Aug 2023)
  • Flat
    • The average price is around £44,264 median price is £50,000 Standard Deviation is £16,059 with Total Sold: 11
    • The most recent sale happened at this postcode is 17 VILLA PLACE: £50,000 (Sold on 08 Jan 2018)
    • The first recorded sale happened at this postcode is 23 VILLA PLACE: £22,950 (Sold on 05 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 1RY 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
2023£112,167 £1,416 3
2021£130,000 £1,529 1
2019£120,000 £1,412 1
2017£44,000 £783 1
2009£64,950 £1,203 1
2007£95,625 £1,730 2
2005£53,000 £943 1
2004£58,250 £1,098 2
2003£47,000 £784 4
2002£22,750 £436 2
1999£34,000 £474 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£55,000 £1,250 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£50,000 £1,042 1
2017£55,000 £846 1
2016£55,000 £1,146 1
2014£45,000 £938 1
2007£74,950 £1,153 1
2005£55,0001
2003£50,500 £692 1
2002£21,0001
2001£28,500 £407 1
1996£29,0001
1995£22,9501

All the Sales in the VILLA PLACE, NE8 1RY

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

AddressSold DatePrice% Change
25 VILLA PLACETerraced, FreeholdArea: 76 Sq.mtrAge: 1900-192911 Oct 2023£120,00037.14%
16 Mar 2023£87,500-20.45%
03 Oct 2007£110,000120.00%
14 Mar 2003£50,000First Sale
21 VILLA PLACEOther, FreeholdArea: 44 Sq.mtrAge: 1900-192923 Aug 2023£55,000First Sale
18 VILLA PLACETerraced, FreeholdArea: 85 Sq.mtrAge: 1900-192920 Feb 2023£129,000-0.77%
29 Sep 2021£130,0008.33%
08 Oct 2019£120,000First Sale
17 VILLA PLACEFlat, LeaseholdArea: 48 Sq.mtrAge: 1900-192908 Jan 2018£50,000-9.09%
03 Feb 2016£55,00022.22%
17 Jan 2014£45,000-44.62%
26 Oct 2007£81,25051.87%
08 Dec 2004£53,500First Sale
15 VILLA PLACEFlat, LeaseholdArea: 65 Sq.mtrAge: 1900-192920 Dec 2017£55,000-26.62%
26 Jul 2007£74,950First Sale
11 VILLA PLACETerraced, FreeholdArea: 56.21 Sq.mtrAge: 1900-192926 May 2017£44,000-16.98%
07 Oct 2005£53,000116.33%
25 Oct 2002£24,500First Sale
19 VILLA PLACETerraced, FreeholdArea: 54 Sq.mtrAge: before 190011 Sep 2009£64,9503.10%
01 Oct 2004£63,000152.00%
22 May 2003£25,000First Sale
23 VILLA PLACEFlat, Leasehold09 Jun 2005£55,00044.74%
23 Dec 2003£38,00080.95%
11 Nov 2002£21,0000.0
08 Feb 2002£21,000-8.50%
05 May 1995£22,950First Sale
4 VILLA PLACEFlat, LeaseholdArea: 73 Sq.mtrAge: 1900-192912 Dec 2003£50,500First Sale
12 VILLA PLACETerraced, FreeholdArea: 73 Sq.mtrAge: 1900-192929 Aug 2003£75,000120.59%
02 Dec 1999£34,000First Sale
2 VILLA PLACEFlat, LeaseholdArea: 70 Sq.mtrAge: 1900-192922 Jun 2001£28,500First Sale
22 VILLA PLACEFlat, Leasehold18 Jun 1996£29,000First Sale

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

VILLA PLACE, NE8 1RY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £110,024 median price is £103,725 Standard Deviation is £65,938 with Total Sold: 1,865
    • The Last 5 Year average price is £161,939 with Total Sold: 289
    • 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 , 57 DURHAM ROAD: £45,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £59,510 median price is £58,500 Standard Deviation is £35,315 with Total Sold: 1,904
    • The Last 5 Year average price is £83,362 with Total Sold: 232
    • 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 , 40 : £14,000 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £120,018 median price is £112,000 Standard Deviation is £71,270 with Total Sold: 208
    • The Last 5 Year average price is £199,889 with Total Sold: 18
    • The most recent sale happened at this postcode is , 154 PRINCE CONSORT ROAD: £285,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 49 WINDERMERE STREET WEST: £64,500 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £230,328 median price is £110,000 Standard Deviation is £717,092 with Total Sold: 139
    • The Last 5 Year average price is £266,858 with Total Sold: 91
    • 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 £168,989 median price is £155,000 Standard Deviation is £78,861 with Total Sold: 41
    • 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)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,816 £1,464 20
2023£171,656 £1,497 59
2022£171,453 £1,437 62
2021£161,415 £1,339 48
2020£153,356 £1,158 49
2019£136,547 £1,187 51
2018£156,311 £1,302 41
2017£159,712 £1,241 62
2016£141,218 £1,215 69
2015£150,416 £1,161 52
2014£152,426 £1,205 53
2013£128,179 £1,056 36
2012£137,453 £1,068 36
2011£120,110 £1,049 46
2010£145,171 £1,206 52
2009£122,377 £1,068 41
2008£149,384 £1,100 46
2007£132,173 £1,253 83
2006£133,575 £1,281 89
2005£126,093 £1,116 94
2004£112,652 £1,140 125
2003£77,764 £724 120
2002£58,478 £531 130
2001£43,243 £387 63
2000£45,577 £416 78
1999£38,453 £358 72
1998£36,988 £305 54
1997£35,871 £229 45
1996£41,270 £293 59
1995£36,413 £258 30
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£101,947 £1,585 17
2023£85,896 £1,241 47
2022£89,916 £1,302 51
2021£84,032 £1,068 47
2020£74,931 £971 29
2019£69,798 £975 41
2018£71,978 £1,000 45
2017£77,067 £1,061 51
2016£71,969 £1,028 34
2015£69,131 £928 44
2014£67,644 £972 54
2013£74,616 £1,023 24
2012£69,131 £924 25
2011£71,090 £999 21
2010£75,987 £1,077 19
2009£69,325 £1,011 26
2008£83,442 £1,174 48
2007£87,400 £1,263 151
2006£78,646 £1,129 128
2005£71,919 £1,020 168
2004£64,557 £941 167
2003£41,666 £622 149
2002£38,182 £650 106
2001£22,189 £336 76
2000£22,516 £285 64
1999£21,437 £267 63
1998£19,706 £271 53
1997£23,904 £318 41
1996£21,712 £273 60
1995£21,897 £302 55
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£247,5002
2023£315,000 £2,096 2
2022£229,000 £2,180 4
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£107,250 £1,220 4
2012£141,875 £1,385 4
2011£176,875 £2,142 4
2010£160,000 £1,272 3
2009£112,500 £1,467 2
2008£136,333 £1,105 6
2007£178,295 £1,471 21
2006£140,407 £1,543 14
2005£150,987 £1,357 7
2004£113,419 £1,012 13
2003£110,597 £1,118 15
2002£88,714 £950 14
2001£67,538 £764 26
2000£51,856 £685 17
1999£25,875 £281 4
1998£52,0002
1997£41,683 £296 6
1996£57,833 £291 3
1995£51,833 £457 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£101,333 £2,190 6
2023£169,321 £2,295 14
2022£135,090 £1,727 15
2021£224,938 £1,373 18
2020£646,003 £11,103 17
2019£202,298 £1,292 21
2018£112,846 £1,759 13
2017£158,185 £1,993 18
2016£110,844 £1,476 8
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
2011£98,500 £1,151 1
2008£170,0001
2007£242,500 £1,270 2
2006£151,500 £978 6
2005£136,790 £1,188 5
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 in NE8 1RY area

The most common house types in the NE8 1RY postcode area are Flat (59), Terraced (37), and Shared house (19).

Total128
Flat59
Terraced37
Shared house19
Semi-detached10
commercial building3
Detached0
converted 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 (64), and Owned: Owns outright (38).

Private rented: Private landlord or letting agency64
Owned: Owns outright38
Owned: Owns with a mortgage or loan11
Social rented: Other social rented8
Private rented: Other private rented4
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE8 1RY have 1 person in household (67), and 2 people in household (30).

1 person in household67
2 people in household30
3 people in household17
4 people in household5
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0