Housing Market Analysis for GRASMERE STREET, NE8 1TR

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £130,036 median price is £132,500 Standard Deviation is £73,511 with Total Sold: 14
    • The Last 5 Year average price is £200,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 GRASMERE STREET: £210,000 (Sold on 31 Jan 2022)
    • The first recorded sale happened at this postcode is 26 GRASMERE STREET: £23,000 (Sold on 27 Oct 1995)
  • Flat
    • The average price is around £22,500 median price is £22,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8B GRASMERE STREET: £22,500 (Sold on 07 Feb 2000)
    • The first recorded sale happened at this postcode is 8B GRASMERE STREET: £22,500 (Sold on 07 Feb 2000)
  • Semi-Detached
    • The average price is around £32,500 median price is £32,500 Standard Deviation is £17,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 8A GRASMERE STREET: £15,000 (Sold on 02 Mar 1999)
    • The first recorded sale happened at this postcode is 5 GRASMERE STREET: £50,000 (Sold on 23 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 1TR 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
2022£210,000 £1,141 1
2019£196,000 £1,181 2
2018£132,500 £914 2
2016£240,500 £1,329 1
2006£161,0002
2005£160,0001
2004£60,0001
2000£49,000 £320 1
1998£59,000 £311 1
1996£40,0001
1995£23,000 £118 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£22,500 £162 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£15,000 £278 1
1995£50,000 £260 1

All the Sales in the GRASMERE STREET, NE8 1TR

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

AddressSold DatePrice% Change
4 GRASMERE STREETTerraced, FreeholdArea: 184 Sq.mtrAge: before 190031 Jan 2022£210,000First Sale
14 GRASMERE STREETTerraced, FreeholdArea: 127 Sq.mtrAge: before 190011 Dec 2019£150,000First Sale
19 GRASMERE STREETTerraced, Freehold29 Nov 2019£242,00014.15%
09 Feb 2006£212,000First Sale
7 GRASMERE STREETTerraced, FreeholdArea: 145 Sq.mtrAge: 1900-192902 Jul 2018£135,0003.85%
29 Jun 2018£130,000First Sale
13 GRASMERE STREETTerraced, FreeholdArea: 181 Sq.mtrAge: before 190030 Nov 2016£240,500First Sale
20 GRASMERE STREETTerraced, Freehold01 Mar 2006£110,000First Sale
22 GRASMERE STREETTerraced, Freehold05 Jul 2005£160,000First Sale
16 GRASMERE STREETTerraced, Freehold01 Jun 2004£60,00050.00%
12 Nov 1996£40,000First Sale
21 GRASMERE STREETTerraced, FreeholdArea: 153 Sq.mtrAge: before 190028 Nov 2000£49,000First Sale
8B GRASMERE STREETFlat, LeaseholdArea: 139 Sq.mtrAge: before 190007 Feb 2000£22,500First Sale
8A GRASMERE STREETSemi-Detached, LeaseholdArea: 54 Sq.mtrAge: 1900-192902 Mar 1999£15,000First Sale
11 GRASMERE STREETTerraced, FreeholdArea: 190 Sq.mtrAge: before 190024 Nov 1998£59,000First Sale
26 GRASMERE STREETTerraced, FreeholdArea: 195 Sq.mtrAge: before 190027 Oct 1995£23,000First Sale
5 GRASMERE STREETSemi-Detached, FreeholdArea: 192 Sq.mtrAge: before 190023 Jan 1995£50,000First Sale

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

GRASMERE STREET, NE8 1TR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £101,032 median price is £88,000 Standard Deviation is £65,345 with Total Sold: 2,223
    • The Last 5 Year average price is £150,735 with Total Sold: 357
    • The most recent sale happened at this postcode is , 263 EASTBOURNE AVENUE: £192,500 (Sold on 20 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 £57,218 median price is £58,000 Standard Deviation is £34,322 with Total Sold: 3,982
    • The Last 5 Year average price is £82,822 with Total Sold: 487
    • 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 £118,765 median price is £110,000 Standard Deviation is £78,875 with Total Sold: 157
    • The Last 5 Year average price is £191,529 with Total Sold: 22
    • 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 £180,168 median price is £91,250 Standard Deviation is £593,393 with Total Sold: 206
    • The Last 5 Year average price is £204,296 with Total Sold: 136
    • 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 £158,629 median price is £150,000 Standard Deviation is £74,430 with Total Sold: 50
    • The Last 5 Year average price is £231,642 with Total Sold: 7
    • 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£173,260 £1,303 32
2023£156,813 £1,425 74
2022£155,221 £1,352 71
2021£150,040 £1,307 63
2020£145,306 £1,159 60
2019£131,095 £1,146 57
2018£146,705 £1,214 51
2017£150,619 £1,190 73
2016£136,455 £1,149 72
2015£146,043 £1,161 54
2014£140,065 £1,078 66
2013£127,555 £1,064 39
2012£135,477 £1,087 41
2011£115,887 £996 58
2010£129,930 £1,166 63
2009£114,003 £948 44
2008£132,042 £1,119 58
2007£125,222 £1,237 96
2006£124,156 £1,216 96
2005£116,850 £1,073 113
2004£98,044 £1,119 168
2003£64,899 £654 143
2002£42,709 £440 147
2001£38,400 £381 87
2000£41,294 £358 79
1999£37,294 £331 81
1998£35,601 £301 66
1997£33,583 £246 59
1996£37,958 £306 76
1995£34,017 £278 36
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£88,993 £1,321 29
2023£81,090 £1,221 100
2022£95,324 £1,386 129
2021£81,993 £1,128 93
2020£71,849 £949 61
2019£71,191 £979 75
2018£72,327 £1,044 87
2017£73,056 £1,015 110
2016£70,458 £1,015 68
2015£68,834 £937 99
2014£67,730 £976 87
2013£72,087 £1,045 59
2012£65,819 £917 47
2011£72,545 £983 50
2010£71,606 £1,072 50
2009£69,142 £1,071 50
2008£83,870 £1,215 118
2007£86,997 £1,260 309
2006£77,455 £1,138 268
2005£69,083 £975 327
2004£58,745 £838 351
2003£38,290 £562 314
2002£31,262 £516 216
2001£21,213 £316 144
2000£20,632 £292 137
1999£19,604 £269 126
1998£19,588 £276 135
1997£20,173 £290 114
1996£21,137 £285 119
1995£21,235 £313 110
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£245,1002
2023£480,000 £1,605 1
2022£248,000 £1,848 2
2021£158,784 £1,560 7
2020£167,884 £1,689 9
2019£125,000 £1,016 1
2018£156,625 £1,284 6
2017£98,500 £1,759 1
2016£208,250 £2,665 2
2014£240,000 £1,143 1
2013£93,333 £1,087 3
2012£145,000 £1,125 2
2011£215,000 £2,641 3
2010£160,500 £1,170 2
2009£117,500 £976 2
2008£122,500 £1,026 6
2007£173,632 £1,165 17
2006£155,125 £1,088 8
2005£138,864 £1,165 8
2004£110,684 £938 16
2003£86,825 £687 10
2002£69,000 £1,267 5
2001£54,310 £659 10
2000£40,969 £380 8
1999£28,500 £167 5
1998£43,4884
1997£41,733 £341 9
1996£57,833 £291 3
1995£51,875 £457 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£101,333 £2,190 6
2023£142,737 £1,915 27
2022£124,843 £1,578 28
2021£151,807 £1,285 28
2020£427,815 £7,072 27
2019£201,256 £1,224 20
2018£97,174 £1,371 21
2017£144,110 £1,781 24
2016£87,676 £1,146 17
2015£154,100 £1,214 5
2014£523,333 £1,618 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,000 £2,823 1
2023£250,000 £1,689 1
2022£220,000 £1,279 1
2021£183,750 £1,375 2
2020£183,995 £1,878 1
2019£250,000 £1,020 1
2018£210,000 £1,148 1
2017£236,500 £1,875 2
2016£250,0001
2013£167,000 £1,546 1
2011£98,500 £1,151 1
2010£110,0001
2009£155,0001
2008£170,0001
2007£213,125 £1,187 4
2006£127,333 £1,031 6
2005£136,790 £1,188 5
2004£195,343 £1,075 7
2003£95,833 £802 3
2002£91,0001
2001£85,5002
1998£71,000 £417 2
1997£79,0002
1996£79,550 £451 2

House Type in NE8 1TR area

The most common house types in the NE8 1TR postcode area are Terraced (70), Semi-detached (6), and Shared house (5).

Total91
Terraced70
Semi-detached6
Shared house5
commercial building4
Detached2
Flat2
converted building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (39), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright39
Owned: Owns with a mortgage or loan27
Private rented: Private landlord or letting agency20
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE8 1TR have 2 people in household (31), and 8 or more people in household (17).

2 people in household31
8 or more people in household17
1 person in household9
4 people in household9
3 people in household8
5 people in household8
6 people in household5
7 people in household4
0 people in household0