Housing Market Analysis for MELBOURNE COURT, NE8 2ED

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £67,500 median price is £67,500 Standard Deviation is £7,500 with Total Sold: 2
    • The Last 5 Year average price is £75,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 17 MELBOURNE COURT: £75,000 (Sold on 09 Jul 2021)
    • The first recorded sale happened at this postcode is 17 MELBOURNE COURT: £60,000 (Sold on 13 Jun 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2ED 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£75,000 £904 1
2008£60,000 £723 1

All the Sales in the MELBOURNE COURT, NE8 2ED

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

AddressSold DatePrice% Change
17 MELBOURNE COURTFlat, LeaseholdArea: 83 Sq.mtrAge: 1967-197509 Jul 2021£75,00025.00%
13 Jun 2008£60,000First Sale

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

MELBOURNE COURT, NE8 2ED Near By properties

Interactive Map

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

  • Flat
    • The average price is around £146,555 median price is £145,000 Standard Deviation is £42,082 with Total Sold: 1,508
    • The Last 5 Year average price is £147,757 with Total Sold: 290
    • The most recent sale happened at this postcode is 56, BITTERN HOUSE WORSDELL DRIVE: £175,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 281 HIGH STREET: £40,000 (Sold on 13 Dec 1996)
  • Semi-Detached
    • The average price is around £113,105 median price is £88,500 Standard Deviation is £49,545 with Total Sold: 78
    • The Last 5 Year average price is £174,056 with Total Sold: 9
    • 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 , 23 JACKSON STREET: £82,500 (Sold on 20 Oct 1995)
  • Other
    • The average price is around £919,003 median price is £245,000 Standard Deviation is £2,146,701 with Total Sold: 43
    • The Last 5 Year average price is £730,469 with Total Sold: 25
    • The most recent sale happened at this postcode is , 245 HIGH STREET: £400,000 (Sold on 12 Dec 2023)
    • The first recorded sale happened at this postcode is , UNITED SERVICES CLUB MULGRAVE TERRACE: £210,000 (Sold on 04 Sep 2014)
  • Terraced
    • The average price is around £101,791 median price is £95,000 Standard Deviation is £85,998 with Total Sold: 130
    • The Last 5 Year average price is £134,856 with Total Sold: 12
    • The most recent sale happened at this postcode is , 14 REGENT TERRACE: £140,000 (Sold on 14 Nov 2023)
    • The first recorded sale happened at this postcode is , 15A WALKER TERRACE: £72,500 (Sold on 27 Jun 1995)
  • Detached
    • The average price is around £165,109 median price is £127,250 Standard Deviation is £132,361 with Total Sold: 11
    • The Last 5 Year average price is £163,625 with Total Sold: 2
    • The most recent sale happened at this postcode is , 10 REGENT TERRACE: £127,250 (Sold on 06 Jan 2022)
    • The first recorded sale happened at this postcode is , 232 - 240 HIGH STREET: £527,000 (Sold on 01 May 1997)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£158,595 £2,416 22
2023£144,406 £2,295 59
2022£153,169 £2,409 59
2021£147,957 £2,308 51
2020£149,023 £2,225 44
2019£140,011 £2,153 55
2018£153,539 £2,224 82
2017£147,744 £2,366 54
2016£148,596 £2,384 103
2015£136,245 £2,163 47
2014£142,834 £2,168 84
2013£118,496 £2,194 23
2012£123,178 £2,084 53
2011£112,962 £1,893 21
2010£133,405 £2,031 20
2009£148,972 £2,253 36
2008£140,239 £2,422 38
2007£151,343 £2,569 183
2006£156,637 £2,524 130
2005£150,099 £2,542 242
2004£154,949 £2,303 87
2003£110,707 £1,697 7
2002£9,5001
2000£37,750 £537 2
1999£46,500 £436 2
1998£30,0001
1997£8,500 £139 1
1996£40,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,0001
2023£150,000 £2,586 1
2022£218,000 £2,604 2
2021£184,000 £1,917 1
2020£185,000 £1,689 2
2019£108,250 £1,783 2
2018£134,250 £1,695 2
2017£153,600 £1,702 5
2016£170,000 £872 1
2015£150,769 £1,895 2
2014£200,000 £1,802 1
2013£149,000 £1,620 1
2012£138,750 £1,645 2
2011£62,500 £644 1
2010£159,000 £1,476 1
2009£110,000 £1,467 1
2007£156,800 £1,929 5
2006£124,838 £1,892 8
2005£145,000 £2,458 1
2004£144,000 £2,057 1
2003£101,667 £1,634 3
2002£77,792 £940 6
2001£75,806 £817 16
2000£59,630 £796 10
1999£54,500 £727 1
1995£82,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£328,0004
2022£472,000 £2,344 6
2021£1,228,1575
2020£384,0002
2019£901,119 £1,602 8
2018£2,559,1977
2017£462,6005
2016£234,0002
2015£116,6673
2014£210,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£96,3382
2022£142,933 £1,917 6
2021£200,0001
2019£122,667 £1,697 3
2018£119,333 £1,809 3
2017£54,5001
2016£123,862 £2,044 4
2015£117,860 £1,721 5
2014£152,000 £1,989 2
2013£107,000 £1,783 1
2012£136,660 £1,498 5
2011£120,610 £1,951 2
2010£80,000 £1,290 1
2009£135,167 £1,720 6
2008£261,208 £2,555 6
2007£150,025 £1,851 6
2006£95,000 £2,385 3
2005£132,075 £1,457 6
2004£104,833 £1,223 6
2003£99,444 £1,064 9
2002£80,660 £738 10
2001£78,817 £668 3
2000£49,546 £664 17
1999£45,961 £596 14
1998£21,629 £621 3
1997£38,7252
1996£39,1252
1995£72,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£127,2501
2021£200,0001
2012£47,000 £783 1
2008£167,5001
2007£160,000 £2,378 1
2006£175,0002
2002£88,725 £814 2
1999£60,0001
1997£527,0001

House Type in NE8 2ED area

The most common house types in the NE8 2ED postcode area are Flat (135), Semi-detached (2), and Terraced (2).

Total139
Flat135
Semi-detached2
Terraced2
Detached0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (103), and Social rented: Other social rented (9).

Social rented: Rents from council or Local Authority103
Social rented: Other social rented9
Private rented: Private landlord or letting agency9
Owned: Owns with a mortgage or loan6
Lives rent free5
Owned: Owns outright4
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0

Number of People in a Household

The most houses in the NE8 2ED have 1 person in household (76), and 2 people in household (52).

1 person in household76
2 people in household52
3 people in household10
5 people in household2
4 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0