Housing Market Analysis for NORTH WEST SIDE, NE8 2BG

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

Overview of Sold House prices

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

Flat
- The average price is around £139,283 median price is £135,000 Standard Deviation is £24,343 with Total Sold: 99
- The Last 5 Year average price is £133,675 with Total Sold: 20
- The most recent sale happened at this postcode is 40, THE GRAINGER NORTH WEST SIDE: £160,500 (Sold on 24 Mar 2023)
- The first recorded sale happened at this postcode is 23, THE GRAINGER NORTH WEST SIDE: £125,000 (Sold on 05 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2BG 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£160,500	£2,972	1
2022	£131,875	£2,158	4
2021	£132,750	£2,228	4
2020	£128,333	£2,033	3
2019	£127,900	£2,132	5
2018	£129,700	£2,136	5
2017	£126,925	£2,174	4
2015	£133,500	£2,157	2
2014	£114,000	£1,932	1
2013	£195,000	£1,843	1
2010	£124,999	£1,999	1
2009	£127,000	£2,099	1
2008	£146,650	£2,268	3
2007	£141,316	£2,410	3
2006	£143,890	£2,269	5
2005	£142,415	£2,312	53
2024	£143,333	£2,479	3

All the Sales in the NORTH WEST SIDE, NE8 2BG

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

Address	Sold Date	Price	% Change
40, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	24 Mar 2023	£160,500	11.46%
	11 May 2018	£144,000	-3.36%
	19 Dec 2007	£149,000	7.19%
	09 Sep 2005	£139,000	First Sale
49, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	02 Dec 2022	£133,500	-12.75%
	16 Sep 2005	£153,000	First Sale
4, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	29 Sep 2022	£145,000	3.57%
	23 Aug 2017	£140,000	18.64%
	02 Sep 2005	£118,000	First Sale
16, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	23 Sep 2022	£137,500	3.38%
	06 Jun 2019	£133,000	16.67%
	01 Apr 2014	£114,000	-38.38%
	24 Aug 2005	£185,000	First Sale
32, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 66 Sq.mtrAge: 2003-2006	25 Apr 2022	£111,500	-23.10%
	20 Jan 2006	£145,000	20.83%
	14 Oct 2005	£120,000	First Sale
46, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 56.8 Sq.mtrAge: 2003-2006	20 Dec 2021	£135,000	2.27%
	09 Sep 2005	£132,000	First Sale
38, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	21 Oct 2021	£120,000	-4.00%
	04 Oct 2005	£125,000	13.64%
	30 Sep 2005	£110,000	First Sale
10, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 61.6 Sq.mtrAge: 2003-2006	31 Aug 2021	£140,000	16.67%
	24 Aug 2005	£120,000	First Sale
53, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	10 Feb 2021	£136,000	-24.44%
	09 Sep 2005	£180,000	First Sale
23, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 62.11 Sq.mtrAge: 2003-2006	17 Dec 2020	£120,000	-17.81%
	03 Mar 2006	£146,000	21.67%
	19 Oct 2005	£120,000	-4.00%
	05 Mar 2024	£125,000	First Sale
18, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 65 Sq.mtrAge: 2003-2006	24 Jul 2020	£146,000	8.15%
	01 Jun 2015	£135,000	14.41%
	21 Sep 2005	£118,000	First Sale
36, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 62 Sq.mtrAge: 2007 onwards	06 Mar 2020	£119,000	-19.59%
	10 Jun 2008	£148,000	-0.34%
	28 Apr 2006	£148,500	14.23%
	30 Sep 2005	£130,000	First Sale
45, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	28 Jun 2019	£134,000	7.20%
	25 May 2007	£124,999	-12.59%
	09 Sep 2005	£143,000	First Sale
41, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 62.53 Sq.mtrAge: 2003-2006	05 Apr 2019	£149,000	19.20%
	26 Jul 2010	£124,999	5.93%
	09 Sep 2005	£118,000	-23.87%
	16 Feb 2024	£155,000	First Sale
31, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 56.03 Sq.mtrAge: 1996-2002	15 Mar 2019	£100,000	-28.06%
	30 Sep 2005	£139,000	First Sale
33, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 67 Sq.mtrAge: 2003-2006	28 Feb 2019	£123,500	-14.24%
	28 Mar 2008	£144,000	-3.97%
	05 Jan 2007	£149,950	13.60%
	29 Sep 2005	£132,000	First Sale
6, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 66.96 Sq.mtrAge: 2003-2006	16 Nov 2018	£120,000	-6.25%
	30 Sep 2005	£128,000	First Sale
48, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	18 May 2018	£139,000	-12.03%
	09 Sep 2005	£158,000	First Sale
44, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 60.5 Sq.mtrAge: 2003-2006	16 Feb 2018	£127,500	-2.07%
	27 Jan 2017	£130,200	2.52%
	19 Nov 2009	£127,000	-14.19%
	09 Sep 2005	£148,000	First Sale
34, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 63 Sq.mtrAge: 2003-2006	02 Feb 2018	£118,000	-20.81%
	30 Sep 2005	£149,000	First Sale
5, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 63.96 Sq.mtrAge: 2003-2006	14 Nov 2017	£132,500	6.00%
	30 Sep 2005	£125,000	First Sale
7, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 50 Sq.mtrAge: 2003-2006	11 May 2017	£105,000	-26.57%
	25 Aug 2005	£143,000	First Sale
19, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 59 Sq.mtrAge: 1996-2002	31 Mar 2015	£132,000	11.86%
	14 Sep 2005	£118,000	First Sale
26, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 105.78 Sq.mtrAge: 2003-2006	14 Mar 2013	£195,000	-13.33%
	21 Sep 2005	£225,000	First Sale
43, THE GRAINGER NORTH WEST SIDEFlat, Leasehold	01 Feb 2008	£147,950	11.24%
43, THE GRAINGER NORTH WEST SIDEFlat, Leasehold	30 Sep 2005	£133,000	First Sale
39, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 61 Sq.mtrAge: 1996-2002	24 Feb 2006	£130,000	18.18%
	30 Sep 2005	£110,000	First Sale
15, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 66 Sq.mtrAge: 2003-2006	25 Jan 2006	£149,950	15.35%
	24 Aug 2005	£130,000	First Sale
28, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 62 Sq.mtrAge: 1983-1990	18 Oct 2005	£118,000	-21.33%
	09 Apr 2024	£150,000	First Sale
1, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007 onwards	04 Oct 2005	£110,000	First Sale
42, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 61.236 Sq.mtrAge: 2007 onwards	30 Sep 2005	£125,000	First Sale
24, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 52.73 Sq.mtrAge: 2003-2006	30 Sep 2005	£149,000	First Sale
30, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	30 Sep 2005	£135,000	First Sale
35, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 67.68 Sq.mtrAge: 2003-2006	30 Sep 2005	£149,000	First Sale
37, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 126.4 Sq.mtrAge: 2003-2006	30 Sep 2005	£279,995	First Sale
2, THE GRAINGER NORTH WEST SIDEFlat, Leasehold	30 Sep 2005	£110,000	First Sale
29, THE GRAINGER NORTH WEST SIDEFlat, Leasehold	30 Sep 2005	£129,000	First Sale
20, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	23 Sep 2005	£139,000	First Sale
47, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 61.78 Sq.mtrAge: 2003-2006	21 Sep 2005	£132,000	First Sale
21, THE GRAINGER NORTH WEST SIDEFlat, Leasehold	20 Sep 2005	£135,000	First Sale
25, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 62.54 Sq.mtrAge: 2003-2006	20 Sep 2005	£149,000	First Sale
22, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	20 Sep 2005	£120,000	First Sale
27, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 48.62 Sq.mtrAge: 2003-2006	16 Sep 2005	£154,000	First Sale
51, THE GRAINGER NORTH WEST SIDEFlat, Leasehold	09 Sep 2005	£143,000	First Sale
3, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 56.6 Sq.mtr	09 Sep 2005	£134,000	First Sale
50, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 61.74 Sq.mtrAge: 2003-2006	09 Sep 2005	£163,000	First Sale
52, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 61.76 Sq.mtrAge: 2003-2006	09 Sep 2005	£189,995	First Sale
14, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 65 Sq.mtrAge: 2003-2006	25 Aug 2005	£158,000	First Sale
8, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 57.8 Sq.mtrAge: 2003-2006	24 Aug 2005	£143,000	First Sale
9, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 46.8 Sq.mtrAge: 2003-2006	24 Aug 2005	£148,000	First Sale
11, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	24 Aug 2005	£153,000	First Sale
17, THE GRAINGER NORTH WEST SIDEFlat, Leasehold	24 Aug 2005	£180,000	First Sale
12, THE GRAINGER NORTH WEST SIDEFlat, LeaseholdArea: 62 Sq.mtrAge: 1996-2002	24 Aug 2005	£153,000	First Sale

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

NORTH WEST SIDE, NE8 2BG Near By properties

Interactive Map

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

Terraced
- The average price is around £144,739 median price is £147,000 Standard Deviation is £44,082 with Total Sold: 643
- The Last 5 Year average price is £161,910 with Total Sold: 123
- The most recent sale happened at this postcode is 15, COLLINGWOOD COURTYARD NORTH SIDE: £216,750 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 45 TYNE VIEW PLACE: £29,950 (Sold on 05 May 1995)
Semi-Detached
- The average price is around £107,187 median price is £105,998 Standard Deviation is £46,998 with Total Sold: 256
- The Last 5 Year average price is £133,961 with Total Sold: 45
- The most recent sale happened at this postcode is , 19 ROSE STREET: £127,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 57 TYNE VIEW PLACE: £27,500 (Sold on 17 Feb 1995)
Flat
- The average price is around £116,931 median price is £118,000 Standard Deviation is £31,561 with Total Sold: 596
- The Last 5 Year average price is £129,058 with Total Sold: 95
- The most recent sale happened at this postcode is 21, FEBRUARY COURTYARD NORTH SIDE: £105,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 6 TYNE VIEW PLACE: £22,000 (Sold on 21 Jun 1996)
Detached
- The average price is around £132,456 median price is £132,995 Standard Deviation is £36,475 with Total Sold: 39
- The Last 5 Year average price is £163,875 with Total Sold: 8
- The most recent sale happened at this postcode is , 2 HERITAGE CLOSE: £164,500 (Sold on 16 Nov 2023)
- The first recorded sale happened at this postcode is , 51 TYNE VIEW PLACE: £23,500 (Sold on 21 Jun 1996)
Other
- The average price is around £416,969 median price is £1,200 Standard Deviation is £1,042,421 with Total Sold: 19
- The Last 5 Year average price is £18,080 with Total Sold: 10
- The most recent sale happened at this postcode is 8, BEWICK COURTYARD NORTH SIDE: £1,200 (Sold on 19 Nov 2021)
- The first recorded sale happened at this postcode is , TYNESIDE HOUSE SKINNERBURN ROAD: £4,100,000 (Sold on 08 Apr 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£158,929	£1,966	7
2023	£159,396	£2,120	17
2022	£174,900	£2,244	20
2021	£162,517	£2,201	23
2020	£160,934	£2,009	31
2019	£154,716	£2,041	25
2018	£169,038	£1,831	35
2017	£153,300	£2,073	24
2016	£142,402	£1,872	32
2015	£163,291	£1,916	51
2014	£155,822	£1,996	45
2013	£161,646	£1,919	33
2012	£146,575	£1,814	24
2011	£132,600	£1,713	22
2010	£125,585	£1,895	21
2009	£151,096	£2,668	27
2008	£151,156	£2,111	26
2007	£144,578	£1,917	47
2006	£141,275	£2,025	20
2005	£122,132	£1,732	22
2004	£131,108	£1,602	55
2003	£92,694	£1,111	10
2002	£38,850	£635	4
2001	£34,500	£492	2
2000	£29,500	£464	3
1999	£31,817	£621	3
1998	£31,600	£649	5
1997	£29,833	£477	3
1996	£22,450	£415	5
1995	£29,950	£599	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£146,517	£1,898	3
2023	£139,857	£2,101	7
2022	£146,557	£2,034	7
2021	£143,333	£4,888	9
2020	£123,317	£1,830	12
2019	£116,286	£1,949	7
2018	£161,214	£1,844	7
2017	£99,528	£1,531	9
2016	£109,583	£5,230	6
2015	£132,499	£1,673	5
2014	£113,200	£1,711	7
2013	£109,249	£1,262	6
2012	£140,998	£1,940	3
2011	£139,298	£1,680	9
2010	£100,000	£1,561	5
2009	£120,090	£3,675	12
2008	£125,931	£1,842	8
2007	£116,111	£1,958	14
2006	£130,783	£1,813	15
2005	£105,589	£1,708	35
2004	£100,785	£1,530	24
2003	£92,638	£1,410	13
2002	£43,390	£810	5
2001	£36,750		2
2000	£32,658	£566	6
1999	£33,500	£568	7
1998	£27,000		2
1997	£29,690	£500	5
1996	£25,000		1
1995	£27,990	£487	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£130,450	£2,327	10
2023	£138,263	£2,372	15
2022	£129,582	£2,262	17
2021	£127,316	£2,173	19
2020	£125,940	£2,038	15
2019	£124,795	£2,189	19
2018	£127,885	£2,081	27
2017	£114,388	£1,926	26
2016	£94,617	£2,003	42
2015	£113,424	£2,023	30
2014	£99,389	£1,661	14
2013	£110,202	£1,932	47
2012	£106,646	£1,893	50
2011	£112,624	£1,791	16
2010	£136,336	£1,829	13
2009	£107,749	£3,138	12
2008	£115,798	£1,998	24
2007	£125,256	£2,354	28
2006	£131,417	£2,305	41
2005	£132,547	£2,171	95
2004	£96,705	£1,609	24
2003	£27,983	£521	3
2002	£44,000	£473	1
2001	£10,000	£192	1
2000	£9,500	£188	2
1999	£24,750	£491	2
1998	£20,250	£346	2
1996	£22,000	£415	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£164,500	£2,082	1
2022	£184,833	£2,087	3
2021	£150,000	£2,081	1
2020	£135,500	£1,671	1
2019	£153,250	£1,872	2
2017	£147,000	£1,885	1
2016	£160,000	£1,896	1
2014	£139,000	£1,800	2
2012	£110,000	£1,357	1
2011	£139,982	£1,596	3
2010	£135,000		1
2008	£161,000	£1,917	1
2007	£152,983	£1,878	3
2006	£168,000	£2,074	1
2005	£131,195	£1,591	5
2004	£120,106	£1,502	9
1999	£29,950	£618	1
1996	£25,000	£500	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£1,200	£16	3
2020	£1,200	£12	1
2019	£29,333	£351	6
2018	£45,600	£11	2
2017	£956,667	£1,307	3
2016	£267,412		1
2015	£206,500		2
2014	£4,100,000		1

House Type in NE8 2BG area

The most common house types in the NE8 2BG postcode area are Flat (151), Terraced (22), and Semi-detached (10).

Total	186
Flat	151
Terraced	22
Semi-detached	10
Detached	1
Shared house	1
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (83), and Owned: Owns with a mortgage or loan (66).

Private rented: Private landlord or letting agency	83
Owned: Owns with a mortgage or loan	66
Owned: Owns outright	27
Social rented: Rents from council or Local Authority	5
Social rented: Other social rented	5
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE8 2BG have 1 person in household (98), and 2 people in household (75).

1 person in household	98
2 people in household	75
3 people in household	8
5 people in household	4
4 people in household	2
7 people in household	2
0 people in household	0
6 people in household	0
8 or more people in household	0