Housing Market Analysis for NE8 2BE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE8 2BE 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 2BE

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

    AddressSold DatePrice% Change

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

    NE8 2BE Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £155,366 median price is £147,000 Standard Deviation is £66,050 with Total Sold: 2,226
      • The Last 5 Year average price is £122,261 with Total Sold: 474
      • 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 £3,102,464 median price is £1,150,000 Standard Deviation is £5,995,952 with Total Sold: 66
      • The Last 5 Year average price is £3,844,279 with Total Sold: 25
      • 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 £143,909 median price is £112,500 Standard Deviation is £80,109 with Total Sold: 17
      • 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 £142,088 median price is £160,000 Standard Deviation is £62,449 with Total Sold: 17
      • The most recent sale happened at this postcode is , 6 MILKMARKET: £165,000 (Sold on 23 Sep 2011)
      • 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 £127,000 median price is £130,000 Standard Deviation is £41,304 with Total Sold: 9
      • 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 , 3B QUEEN STREET: £46,500 (Sold on 19 Jan 1996)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£173,625 £2,339 26
    2023£144,192 £2,246 44
    2022£170,872 £2,367 51
    2021£155,564 £2,215 39
    2020£100,651 £3,674 174
    2019£105,703 £3,656 140
    2018£155,927 £2,345 59
    2017£154,420 £2,306 59
    2016£157,441 £2,372 64
    2015£153,696 £2,289 71
    2014£135,332 £2,193 57
    2013£129,360 £2,004 36
    2012£150,141 £2,162 29
    2011£120,305 £1,995 50
    2010£146,553 £2,136 32
    2009£170,093 £2,298 21
    2008£188,856 £2,731 35
    2007£180,831 £2,767 130
    2006£181,780 £2,749 175
    2005£172,317 £2,823 212
    2004£188,138 £2,835 260
    2003£186,321 £2,760 285
    2002£160,248 £2,200 24
    2001£97,181 £1,605 16
    2000£103,217 £1,371 23
    1999£107,248 £1,335 27
    1998£92,849 £1,151 24
    1997£72,154 £998 25
    1996£57,422 £898 21
    1995£70,824 £888 17
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£322,5002
    2023£3,128,7504
    2022£295,0001
    2021£6,721,948 £16,523 10
    2020£5,550,0001
    2019£1,411,786 £2,708 7
    2018£4,421,45912
    2017£2,256,1139
    2016£2,640,318 £1,914 11
    2015£791,0005
    2014£664,8673
    2013£300,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£89,000 £1,085 1
    2020£270,000 £2,443 1
    2016£231,000 £2,062 1
    2011£96,500 £1,608 1
    2006£228,250 £1,668 2
    2004£250,0001
    2003£190,000 £1,585 2
    2002£170,000 £1,441 1
    1999£93,000 £924 2
    1998£82,817 £798 3
    1996£31,000 £263 1
    1995£38,000 £463 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2011£165,000 £2,339 1
    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£81,0001
    1996£325,0001
    1995£69,500 £797 2
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2007£145,500 £1,966 1
    2006£152,667 £2,518 3
    2004£135,000 £1,924 2
    2003£111,500 £1,945 2
    1996£46,500 £989 1

    House Type in NE8 2BE area

    The most common house types in the NE8 2BE 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 2BE 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