Housing Market Analysis for NE8 2ET

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 2ET Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £154,197 median price is £149,950 Standard Deviation is £53,453 with Total Sold: 2,262
      • The Last 5 Year average price is £154,927 with Total Sold: 395
      • The most recent sale happened at this postcode is , 17B QUEEN STREET: £255,000 (Sold on 02 Sep 2024)
      • The first recorded sale happened at this postcode is , 9D AKENSIDE HILL: £43,000 (Sold on 27 Jan 1995)
    • Other
      • The average price is around £1,967,558 median price is £477,500 Standard Deviation is £4,148,705 with Total Sold: 58
      • The Last 5 Year average price is £1,494,291 with Total Sold: 29
      • 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 £129,869 median price is £100,000 Standard Deviation is £127,252 with Total Sold: 48
      • The Last 5 Year average price is £149,833 with Total Sold: 6
      • 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 £185,859 median price is £162,500 Standard Deviation is £128,496 with Total Sold: 16
      • 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 FLAT 3, 27A SANDHILL: £47,000 (Sold on 14 Jul 1995)
    • Semi-Detached
      • The average price is around £116,192 median price is £120,000 Standard Deviation is £31,971 with Total Sold: 13
      • The most recent sale happened at this postcode is , 3 BEDFORD PLACE: £120,000 (Sold on 14 Sep 2018)
      • 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£157,707 £2,468 39
    2023£151,624 £2,343 74
    2022£156,032 £2,375 78
    2021£156,054 £2,383 70
    2020£164,025 £2,311 59
    2019£147,381 £2,184 75
    2018£150,721 £2,224 106
    2017£158,425 £2,393 72
    2016£151,681 £2,402 126
    2015£137,209 £2,313 83
    2014£145,861 £2,218 107
    2013£123,977 £2,079 37
    2012£134,163 £2,135 64
    2011£145,561 £2,025 52
    2010£146,727 £2,028 57
    2009£186,912 £2,441 72
    2008£180,248 £2,942 200
    2007£157,405 £2,644 208
    2006£161,968 £2,561 163
    2005£155,117 £2,566 258
    2004£172,148 £2,512 83
    2003£171,592 £2,402 25
    2002£177,494 £2,822 53
    2001£98,925 £1,511 12
    2000£105,967 £1,362 15
    1999£102,420 £1,257 22
    1998£76,333 £1,032 15
    1997£64,711 £896 14
    1996£55,947 £760 15
    1995£53,375 £734 8
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£480,0001
    2023£391,6673
    2022£3,024,000 £2,344 5
    2021£1,649,491 £3,216 7
    2020£445,750 £3,364 4
    2019£1,470,0009
    2018£3,979,23810
    2017£1,197,2297
    2016£285,2504
    2015£3,493,3276
    2014£210,0001
    2013£300,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£114,500 £1,085 2
    2021£200,0001
    2020£270,000 £2,443 1
    2019£100,0002
    2017£54,5001
    2016£174,500 £2,062 2
    2015£102,6673
    2012£160,6502
    2010£80,000 £1,290 1
    2009£100,000 £2,174 1
    2008£311,250 £2,045 4
    2006£159,0002
    2005£145,0001
    2004£171,667 £988 3
    2003£143,000 £917 5
    2002£170,000 £1,441 1
    2001£99,500 £409 1
    2000£59,000 £437 1
    1999£70,250 £715 4
    1998£71,362 £739 4
    1997£38,7252
    1996£50,500 £263 2
    1995£55,250 £463 2
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£127,2501
    2021£200,0001
    2012£47,000 £783 1
    2010£375,0001
    2008£167,5001
    2007£162,500 £1,967 2
    2006£175,0002
    2004£160,000 £1,905 1
    2003£178,000 £2,507 1
    1999£72,500 £1,197 2
    1997£527,0001
    1996£325,0001
    1995£47,000 £797 1
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2018£120,000 £1,600 1
    2016£170,000 £872 1
    2009£110,000 £1,467 1
    2007£145,500 £1,966 1
    2006£126,500 £2,224 2
    2004£135,000 £1,924 2
    2003£104,333 £1,945 3
    1996£46,500 £989 1
    1995£82,5001

    House Type in NE8 2ET area

    The most common house types in the NE8 2ET postcode area are Flat (66), converted building (32), and Terraced (4).

    Total105
    Flat66
    converted building32
    Terraced4
    Semi-detached1
    Shared house1
    commercial building1
    Detached0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (69), and Owned: Owns with a mortgage or loan (21).

    Private rented: Private landlord or letting agency69
    Owned: Owns with a mortgage or loan21
    Owned: Owns outright8
    Private rented: Other private rented4
    Social rented: Rents from council or Local Authority2
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Other social rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE8 2ET have 1 person in household (50), and 2 people in household (49).

    1 person in household50
    2 people in household49
    3 people in household5
    4 people in household1
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0