Housing Market Analysis for BENSHAM ROAD, NE8 1US

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £110,300 median price is £105,500 Standard Deviation is £60,228 with Total Sold: 23
    • The Last 5 Year average price is £154,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 219 BENSHAM ROAD: £190,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is 215 BENSHAM ROAD: £57,000 (Sold on 07 Feb 1997)
  • Flat
    • The average price is around £106,667 median price is £105,000 Standard Deviation is £42,882 with Total Sold: 3
    • The Last 5 Year average price is £160,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 235 BENSHAM ROAD: £160,000 (Sold on 05 Mar 2019)
    • The first recorded sale happened at this postcode is 235 BENSHAM ROAD: £55,000 (Sold on 08 Nov 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 1US 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
2024£190,0001
2019£142,667 £1,121 3
2018£162,500 £1,343 1
2016£166,000 £1,239 1
2014£199,950 £1,628 1
2013£124,000 £765 1
2010£201,500 £1,641 1
2007£150,000 £1,221 1
2006£127,500 £1,071 1
2004£102,500 £1,140 2
2003£105,500 £887 1
2002£66,000 £451 2
2001£49,500 £391 2
2000£50,500 £339 2
1998£40,0001
1997£52,475 £327 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£160,000 £702 1
2002£105,000 £461 1
2000£55,000 £241 1

All the Sales in the BENSHAM ROAD, NE8 1US

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

AddressSold DatePrice% Change
219 BENSHAM ROADTerraced, Freehold25 Mar 2024£190,00014.46%
05 Aug 2016£166,000213.21%
02 Mar 2001£53,00010.53%
20 May 1997£47,950First Sale
227 BENSHAM ROADTerraced, FreeholdArea: 122.8 Sq.mtrAge: before 190021 Jun 2019£205,0002.53%
04 Jul 2014£199,950-0.77%
16 Jul 2010£201,50034.33%
10 Aug 2007£150,000First Sale
235A BENSHAM ROADTerraced, LeaseholdArea: 71 Sq.mtrAge: before 190005 Mar 2019£40,000-38.46%
27 Feb 2004£65,000First Sale
235 BENSHAM ROADFlat, LeaseholdArea: 228 Sq.mtrAge: before 190005 Mar 2019£160,00052.38%
08 Nov 2002£105,00090.91%
08 Nov 2000£55,000First Sale
231 BENSHAM ROADTerraced, FreeholdArea: 162 Sq.mtrAge: 1900-192911 Feb 2019£183,00047.58%
28 Nov 2013£124,00069.86%
31 Oct 2002£73,000First Sale
225 BENSHAM ROADTerraced, FreeholdArea: 121 Sq.mtrAge: before 190017 Dec 2018£162,50016.07%
02 Apr 2004£140,000First Sale
223 BENSHAM ROADTerraced, FreeholdArea: 119 Sq.mtrAge: 1900-192917 Feb 2006£127,50020.85%
29 Aug 2003£105,500129.35%
06 Apr 2001£46,000First Sale
217 BENSHAM ROADTerraced, Freehold08 Feb 2002£59,000First Sale
215 BENSHAM ROADTerraced, FreeholdArea: 192 Sq.mtrAge: before 190015 Dec 2000£65,00014.04%
07 Feb 1997£57,000First Sale
229 BENSHAM ROADTerraced, Freehold28 Jan 2000£36,000First Sale
233 BENSHAM ROADTerraced, Freehold04 Sep 1998£40,000First Sale

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

BENSHAM ROAD, NE8 1US Near By properties

Interactive Map

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

  • Flat
    • The average price is around £56,139 median price is £56,000 Standard Deviation is £31,147 with Total Sold: 1,817
    • The Last 5 Year average price is £74,996 with Total Sold: 191
    • 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)
  • Terraced
    • The average price is around £103,949 median price is £90,000 Standard Deviation is £64,818 with Total Sold: 1,466
    • The Last 5 Year average price is £154,455 with Total Sold: 219
    • The most recent sale happened at this postcode is , 12 CLAREMONT NORTH AVENUE: £120,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 22 WINDERMERE STREET: £48,000 (Sold on 25 Jan 1995)
  • Other
    • The average price is around £215,347 median price is £87,000 Standard Deviation is £824,470 with Total Sold: 99
    • The Last 5 Year average price is £276,201 with Total Sold: 60
    • 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 , 3 SHAFTESBURY WALK: £63,000 (Sold on 09 May 2014)
  • Detached
    • The average price is around £132,231 median price is £105,250 Standard Deviation is £74,750 with Total Sold: 86
    • The Last 5 Year average price is £237,806 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 , 32 SOUTH HILL ROAD: £59,950 (Sold on 25 Aug 1995)
  • Semi-Detached
    • The average price is around £113,134 median price is £98,975 Standard Deviation is £64,914 with Total Sold: 182
    • The Last 5 Year average price is £185,324 with Total Sold: 17
    • 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£80,686 £1,172 14
2023£77,483 £1,171 38
2022£70,339 £1,043 47
2021£79,634 £1,049 41
2020£81,355 £1,038 19
2019£66,677 £951 32
2018£69,805 £993 31
2017£71,355 £1,037 51
2016£69,395 £1,001 27
2015£65,375 £954 34
2014£62,646 £916 45
2013£69,182 £953 20
2012£65,998 £934 24
2011£69,588 £1,011 24
2010£75,521 £1,145 26
2009£68,942 £1,112 26
2008£82,893 £1,160 52
2007£84,368 £1,288 132
2006£76,487 £1,128 129
2005£66,829 £1,000 185
2004£62,967 £963 183
2003£38,774 £605 151
2002£37,595 £664 110
2001£21,121 £336 73
2000£19,681 £274 59
1999£17,286 £240 50
1998£17,795 £246 57
1997£17,762 £264 38
1996£21,036 £271 55
1995£21,915 £315 44
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,422 £1,325 16
2023£159,878 £1,425 45
2022£158,670 £1,400 56
2021£146,047 £1,335 32
2020£150,483 £1,197 32
2019£137,523 £1,180 38
2018£139,329 £1,274 31
2017£141,745 £1,195 42
2016£134,082 £1,274 54
2015£142,506 £1,147 31
2014£145,994 £1,180 45
2013£125,842 £1,202 30
2012£136,185 £1,081 27
2011£116,868 £1,070 29
2010£143,091 £1,202 43
2009£121,806 £1,219 26
2008£131,682 £1,118 39
2007£125,031 £1,371 66
2006£130,459 £1,335 69
2005£122,578 £1,166 80
2004£100,585 £1,188 129
2003£70,068 £746 92
2002£56,440 £562 123
2001£37,050 £411 50
2000£43,853 £430 61
1999£39,734 £405 46
1998£36,688 £326 42
1997£36,402 £243 32
1996£39,868 £325 39
1995£34,617 £231 21
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£94,333 £2,190 3
2023£156,675 £2,564 14
2022£114,642 £1,628 13
2021£151,486 £1,314 11
2020£816,318 £14,860 11
2019£244,928 £1,194 8
2018£95,433 £1,486 5
2017£149,143 £2,060 15
2016£94,125 £1,253 12
2015£146,100 £1,167 5
2014£86,500 £1,618 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,000 £2,823 1
2023£250,000 £1,689 1
2022£235,000 £2,263 2
2021£210,833 £1,678 3
2019£199,950 £2,352 1
2018£180,000 £1,256 2
2017£300,000 £2,419 1
2016£250,0001
2015£215,000 £1,853 1
2013£178,500 £1,621 2
2011£98,500 £1,151 1
2010£188,500 £2,012 2
2009£175,0001
2008£170,0001
2007£204,250 £1,473 4
2006£145,400 £1,157 5
2005£152,242 £1,736 6
2004£199,271 £1,393 7
2003£109,643 £914 7
2002£99,242 £836 6
2001£77,667 £670 3
2000£65,8333
1999£66,6905
1998£62,269 £625 8
1997£58,983 £717 3
1996£56,157 £546 7
1995£59,725 £708 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,0001
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£98,000 £1,492 3
2018£123,167 £1,484 3
2017£153,600 £1,702 5
2016£94,0001
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£81,875 £894 4
2010£127,333 £1,158 3
2009£115,0001
2008£112,167 £1,247 6
2007£174,769 £1,643 13
2006£152,193 £1,617 14
2005£148,739 £1,515 8
2004£103,268 £1,240 11
2003£103,066 £1,130 15
2002£87,513 £933 16
2001£68,880 £764 25
2000£51,784 £724 16
1999£32,375 £480 4
1998£63,000 £426 2
1997£44,750 £376 2
1996£57,833 £291 3
1995£57,250 £457 2

House Type in NE8 1US area

The most common house types in the NE8 1US postcode area are Flat (57), Terraced (45), and Semi-detached (15).

Total133
Flat57
Terraced45
Semi-detached15
Shared house12
Detached4
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (57), and Private rented: Private landlord or letting agency (27).

Social rented: Other social rented57
Private rented: Private landlord or letting agency27
Owned: Owns with a mortgage or loan16
Owned: Owns outright15
Social rented: Rents from council or Local Authority14
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE8 1US have 1 person in household (68), and 2 people in household (42).

1 person in household68
2 people in household42
3 people in household17
4 people in household3
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0