Housing Market Analysis for PACHA WAY, NE8 2GN

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £163,756 median price is £164,998 Standard Deviation is £19,022 with Total Sold: 26
    • The Last 5 Year average price is £177,062 with Total Sold: 8
    • The most recent sale happened at this postcode is 14 PACHA WAY: £147,000 (Sold on 30 Sep 2021)
    • The first recorded sale happened at this postcode is 3 PACHA WAY: £167,995 (Sold on 26 Sep 2014)
  • Other
    • The average price is around £1,200 median price is £1,200 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,200 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 PACHA WAY: £1,200 (Sold on 10 Sep 2019)
    • The first recorded sale happened at this postcode is 10 PACHA WAY: £1,200 (Sold on 10 Sep 2019)
  • Semi-Detached
    • The average price is around £176,995 median price is £176,995 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 PACHA WAY: £176,995 (Sold on 30 Jan 2015)
    • The first recorded sale happened at this postcode is 11 PACHA WAY: £176,995 (Sold on 30 Jan 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2GN 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£176,000 £2,383 2
2023£191,000 £2,729 2
2022£194,000 £2,519 1
2020£170,000 £2,429 1
2019£159,250 £2,319 2
2018£159,624 £2,248 4
2015£160,407 £2,212 8
2014£153,234 £2,109 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£1,200 £14 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£176,995 £2,034 1

All the Sales in the PACHA WAY, NE8 2GN

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

AddressSold DatePrice% Change
14 PACHA WAYTerraced, LeaseholdArea: 61 Sq.mtr30 Sep 2021£147,0000.0
27 Mar 2015£147,000First Sale
2 PACHA WAYTerraced, LeaseholdArea: 70 Sq.mtr01 Sep 2023£191,0000.0
01 Sep 2023£191,00030.38%
05 Dec 2014£146,500First Sale
4 PACHA WAYTerraced, LeaseholdArea: 77 Sq.mtr16 Dec 2022£194,00017.58%
07 Nov 2018£165,0006.27%
21 Nov 2014£155,270First Sale
1 PACHA WAYTerraced, LeaseholdArea: 87 Sq.mtr15 Dec 2021£205,00013.26%
26 Sep 2014£180,995First Sale
8 PACHA WAYTerraced, LeaseholdArea: 70 Sq.mtr18 Dec 2020£170,0009.68%
27 Mar 2015£154,995First Sale
6 PACHA WAYTerraced, LeaseholdArea: 61 Sq.mtr27 Sep 2019£147,50011.20%
28 Nov 2014£132,641First Sale
10 PACHA WAYOther, FreeholdArea: 87 Sq.mtr10 Sep 2019£1,200-99.35%
23 Jan 2015£185,995First Sale
15 PACHA WAYTerraced, LeaseholdArea: 77 Sq.mtr19 Jul 2019£171,0000.88%
20 Feb 2015£169,500First Sale
9 PACHA WAYTerraced, LeaseholdArea: 61 Sq.mtr29 Mar 2018£143,5002.50%
23 Jan 2015£140,000First Sale
12 PACHA WAYTerraced, Leasehold09 Mar 2018£164,995-0.00%
02 Mar 2018£165,000-5.71%
06 Mar 2015£175,000First Sale
16 PACHA WAYTerraced, LeaseholdArea: 77 Sq.mtr20 Feb 2015£163,000First Sale
7 PACHA WAYTerraced, LeaseholdArea: 70 Sq.mtr06 Feb 2015£147,764First Sale
11 PACHA WAYSemi-Detached, LeaseholdArea: 87 Sq.mtr30 Jan 2015£176,995First Sale
5 PACHA WAYTerraced, Leasehold05 Dec 2014£136,000First Sale
3 PACHA WAYTerraced, LeaseholdArea: 77 Sq.mtr26 Sep 2014£167,995First Sale

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

PACHA WAY, NE8 2GN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £129,061 median price is £135,000 Standard Deviation is £51,725 with Total Sold: 1,030
    • The Last 5 Year average price is £157,368 with Total Sold: 201
    • The most recent sale happened at this postcode is , 3 ROPERY ROAD: £213,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 26 KEPPEL STREET: £34,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £108,236 median price is £111,000 Standard Deviation is £36,905 with Total Sold: 761
    • The Last 5 Year average price is £115,860 with Total Sold: 120
    • The most recent sale happened at this postcode is , 75 GREBE CLOSE: £129,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 67 RAVENSWORTH ROAD: £27,000 (Sold on 31 Aug 1995)
  • Semi-Detached
    • The average price is around £113,305 median price is £112,995 Standard Deviation is £47,945 with Total Sold: 365
    • The Last 5 Year average price is £141,839 with Total Sold: 60
    • The most recent sale happened at this postcode is , 38 RAVENSWORTH ROAD: £183,500 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 57 TYNE VIEW PLACE: £27,500 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £302,734 median price is £87,000 Standard Deviation is £764,705 with Total Sold: 39
    • The Last 5 Year average price is £216,040 with Total Sold: 29
    • The most recent sale happened at this postcode is , 85 RAVENSWORTH ROAD: £85,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , TYNESIDE HOUSE SKINNERBURN ROAD: £4,100,000 (Sold on 08 Apr 2014)
  • Detached
    • The average price is around £162,455 median price is £174,000 Standard Deviation is £71,605 with Total Sold: 90
    • The Last 5 Year average price is £230,035 with Total Sold: 14
    • The most recent sale happened at this postcode is , 42 ROPERY ROAD: £236,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , 2 DRURY BUILDINGS: £30,000 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£158,591 £2,346 14
2023£150,952 £2,057 27
2022£174,488 £2,240 33
2021£153,450 £2,005 43
2020£158,468 £2,037 35
2019£151,678 £1,998 49
2018£155,071 £1,901 61
2017£141,794 £1,762 41
2016£141,360 £1,835 52
2015£157,792 £1,911 68
2014£149,421 £1,943 48
2013£150,099 £1,658 39
2012£136,892 £1,690 30
2011£125,826 £1,601 25
2010£120,127 £1,845 26
2009£119,962 £1,665 24
2008£132,197 £1,848 32
2007£133,175 £1,817 63
2006£116,909 £1,727 40
2005£113,638 £1,562 32
2004£129,538 £1,585 84
2003£94,457 £1,249 56
2002£68,123 £867 22
2001£44,587 £565 16
2000£34,295 £480 11
1999£33,690 £602 10
1998£33,740 £554 20
1997£29,821 £477 7
1996£36,145 £465 11
1995£32,409 £484 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£121,519 £2,110 13
2023£120,879 £2,093 21
2022£109,012 £1,846 24
2021£115,435 £1,909 23
2020£112,561 £1,787 19
2019£118,752 £2,007 20
2018£118,248 £1,879 28
2017£105,566 £1,794 25
2016£107,248 £1,942 24
2015£98,758 £1,687 35
2014£100,139 £1,695 18
2013£112,202 £1,798 17
2012£102,272 £1,779 18
2011£114,222 £1,809 18
2010£128,770 £1,768 16
2009£91,588 £1,470 17
2008£114,610 £1,846 26
2007£108,114 £1,938 55
2006£120,590 £2,092 63
2005£132,835 £2,182 128
2004£99,694 £1,603 43
2003£96,007 £1,586 53
2002£65,230 £970 25
2001£20,750 £355 6
2000£23,190 £373 5
1999£26,500 £433 2
1998£27,050 £424 5
1997£19,617 £382 6
1996£21,090 £343 5
1995£25,333 £404 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,750 £1,898 2
2023£141,571 £2,141 7
2022£161,800 £2,167 8
2021£147,909 £1,931 11
2020£131,750 £1,897 17
2019£137,512 £1,866 15
2018£157,310 £1,811 17
2017£142,974 £1,736 16
2016£124,500 £1,483 7
2015£127,457 £1,699 12
2014£107,640 £1,503 10
2013£143,379 £1,654 5
2012£143,249 £1,930 4
2011£144,318 £1,719 10
2010£118,290 £1,830 5
2009£121,545 £1,746 10
2008£133,939 £1,980 9
2007£129,389 £1,944 22
2006£134,841 £1,754 24
2005£112,682 £1,657 35
2004£116,257 £1,659 19
2003£103,146 £1,371 24
2002£75,993 £1,011 29
2001£38,492 £576 6
2000£37,706 £683 8
1999£36,170 £623 10
1998£27,0002
1997£40,288 £746 12
1996£35,0002
1995£34,979 £537 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£96,000 £1,572 3
2023£80,667 £1,582 3
2022£105,667 £1,500 3
2021£148,733 £461 6
2020£150,400 £12 3
2019£370,415 £41 11
2018£191,971 £680 4
2017£168,140 £1,860 4
2016£1,0091
2014£4,100,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,0001
2023£265,000 £3,046 1
2022£253,200 £2,792 5
2021£256,667 £2,291 3
2020£175,250 £2,071 2
2019£166,498 £2,097 2
2018£180,249 £2,281 4
2017£202,031 £2,252 6
2016£208,282 £2,185 14
2015£178,500 £1,807 3
2014£139,000 £1,800 2
2012£110,000 £1,357 1
2011£147,472 £1,684 2
2010£173,000 £1,466 1
2009£160,000 £1,356 1
2007£190,333 £1,554 6
2006£122,400 £1,719 5
2005£170,998 £1,337 2
2004£136,996 £1,822 4
2003£168,317 £1,300 3
2002£115,265 £978 10
2001£91,300 £982 3
2000£65,0001
1999£55,467 £618 3
1998£54,000 £1,125 1
1997£59,0001
1996£25,000 £500 2
1995£30,000 £219 1

House Type in NE8 2GN area

The most common house types in the NE8 2GN postcode area are Terraced (93), Flat (38), and Semi-detached (11).

Total143
Terraced93
Flat38
Semi-detached11
Detached1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (71), and Private rented: Private landlord or letting agency (48).

Owned: Owns with a mortgage or loan71
Private rented: Private landlord or letting agency48
Owned: Owns outright15
Private rented: Other private rented4
Social rented: Rents from council or Local Authority2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE8 2GN have 2 people in household (57), and 1 person in household (54).

2 people in household57
1 person in household54
3 people in household23
4 people in household9
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0