Housing Market Analysis for NE8 2AR

Are you looking to understand NE8 2AR 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 2AR area, explore the NE8 2AR Area information page.
For comprehensive crime statistics in the NE8 2AR area, explore the NE8 2AR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE8 2AR postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE8 2AR 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.

    All the Sales in the NE8 2AR

    See the table below for more details on the sold house prices in the NE8 2AR, Gateshead postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE8 2AR postcode. Properties currently for saleProperties currently for rent

    NE8 2AR Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE8 2AR 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 2AR postcode.

    • Flat
      • The average price is around £155,351 median price is £150,000 Standard Deviation is £55,281 with Total Sold: 2,820
      • The Last 5 Year average price is £155,452 with Total Sold: 489
      • The most recent sale happened at this postcode is 48, MANOR CHARE APARTMENTS MANOR CHARE: £181,000 (Sold on 10 Sep 2024)
      • The first recorded sale happened at this postcode is , 22 MILKMARKET: £64,000 (Sold on 17 Jan 1995)
    • Other
      • The average price is around £2,006,842 median price is £720,000 Standard Deviation is £3,541,915 with Total Sold: 83
      • The Last 5 Year average price is £1,542,958 with Total Sold: 32
      • The most recent sale happened at this postcode is , 17 SANDHILL: £480,000 (Sold on 04 Apr 2024)
      • The first recorded sale happened at this postcode is , BESSIE SURTEES HOUSE, 41 - 44 SANDHILL: £300,000 (Sold on 20 Dec 2013)
    • Terraced
      • The average price is around £224,533 median price is £130,000 Standard Deviation is £218,987 with Total Sold: 29
      • The Last 5 Year average price is £179,500 with Total Sold: 2
      • The most recent sale happened at this postcode is , 23E QUEEN STREET: £89,000 (Sold on 18 Aug 2023)
      • The first recorded sale happened at this postcode is , 23E QUEEN STREET: £38,000 (Sold on 27 Oct 1995)
    • Detached
      • The average price is around £325,875 median price is £165,000 Standard Deviation is £668,729 with Total Sold: 20
      • The Last 5 Year average price is £3,200,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 26 MOSLEY STREET: £3,200,000 (Sold on 17 Nov 2021)
      • The first recorded sale happened at this postcode is , 10 LOVE LANE: £92,000 (Sold on 17 Feb 1995)
    • Semi-Detached
      • The average price is around £197,273 median price is £130,000 Standard Deviation is £227,529 with Total Sold: 11
      • The most recent sale happened at this postcode is , 17A QUEEN STREET: £145,500 (Sold on 09 Jul 2007)
      • 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: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£157,343 £2,431 43
    2023£148,892 £2,313 95
    2022£162,747 £2,398 95
    2021£156,467 £2,367 83
    2020£161,720 £2,329 75
    2019£148,252 £2,211 98
    2018£154,907 £2,262 125
    2017£160,579 £2,403 90
    2016£152,094 £2,373 141
    2015£145,296 £2,308 104
    2014£146,116 £2,216 131
    2013£124,548 £2,100 45
    2012£136,105 £2,143 73
    2011£133,354 £2,058 80
    2010£147,897 £2,093 57
    2009£171,344 £2,196 66
    2008£176,264 £2,914 181
    2007£159,755 £2,654 231
    2006£163,432 £2,584 181
    2005£161,228 £2,619 288
    2004£176,973 £2,754 210
    2003£179,148 £2,556 103
    2002£178,315 £2,727 64
    2001£109,474 £1,662 21
    2000£116,864 £1,418 22
    1999£114,290 £1,402 30
    1998£92,849 £1,151 24
    1997£70,283 £998 26
    1996£57,422 £898 21
    1995£70,824 £888 17
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£480,0001
    2023£391,6673
    2022£3,112,000 £2,344 5
    2021£1,734,581 £2,311 8
    2020£1,301,600 £3,364 5
    2019£1,177,50010
    2018£3,596,15815
    2017£1,173,02010
    2016£1,057,57010
    2015£3,211,66312
    2014£701,6673
    2013£300,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£89,000 £1,085 1
    2020£270,000 £2,443 1
    2016£390,500 £2,062 2
    2011£148,250 £1,608 2
    2009£100,000 £2,174 1
    2008£485,000 £2,045 2
    2006£228,250 £1,668 2
    2005£445,0001
    2004£137,5002
    2003£296,250 £1,585 4
    2002£170,000 £1,441 1
    1999£264,000 £924 4
    1998£82,817 £798 3
    1996£65,500 £263 2
    1995£38,000 £463 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£3,200,0001
    2011£165,000 £2,339 1
    2010£375,0001
    2008£167,5001
    2007£162,500 £1,967 2
    2006£121,000 £2,457 2
    2004£160,000 £1,905 1
    2003£171,500 £2,507 2
    2001£175,0001
    1999£85,000 £1,197 1
    1998£104,000 £1,167 2
    1997£304,0002
    1996£325,0001
    1995£69,500 £797 2
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2007£145,500 £1,966 1
    2006£126,500 £2,224 2
    2004£135,000 £1,924 2
    2003£111,500 £1,945 2
    2000£249,5001
    1998£900,0001
    1996£46,500 £989 1
    1995£82,5001

    House Type in NE8 2AR area

    The most common house types in the NE8 2AR postcode area are Flat (142), converted building (4), and Detached (0).

    Total146
    Flat142
    converted building4
    Detached0
    Semi-detached0
    Terraced0
    Shared house0
    commercial 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 (106), and Owned: Owns with a mortgage or loan (24).

    Private rented: Private landlord or letting agency106
    Owned: Owns with a mortgage or loan24
    Owned: Owns outright13
    Private rented: Other private rented2
    Social rented: Other social rented1
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE8 2AR have 2 people in household (70), and 1 person in household (66).

    2 people in household70
    1 person in household66
    3 people in household7
    4 people in household3
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0