Housing Market Analysis for NE8 2JR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 2JR Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £157,788 median price is £150,000 Standard Deviation is £64,727 with Total Sold: 2,374
      • The Last 5 Year average price is £124,738 with Total Sold: 490
      • 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 £2,336,162 median price is £685,000 Standard Deviation is £3,527,301 with Total Sold: 64
      • The Last 5 Year average price is £2,122,085 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 £227,977 median price is £140,000 Standard Deviation is £226,823 with Total Sold: 24
      • 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 £163,472 median price is £162,500 Standard Deviation is £107,037 with Total Sold: 18
      • 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£145,959 £2,311 47
    2022£173,887 £2,417 53
    2021£161,337 £2,312 43
    2020£102,594 £3,648 178
    2019£107,216 £3,639 143
    2018£159,181 £2,384 62
    2017£161,193 £2,410 61
    2016£165,496 £2,523 66
    2015£153,789 £2,288 79
    2014£139,124 £2,284 68
    2013£133,896 £2,080 34
    2012£158,312 £2,272 26
    2011£127,458 £2,053 54
    2010£148,329 £2,195 34
    2009£174,848 £2,368 20
    2008£196,749 £2,802 34
    2007£179,514 £2,772 135
    2006£182,279 £2,794 183
    2005£171,873 £2,857 264
    2004£189,086 £2,835 303
    2003£186,321 £2,760 285
    2002£160,248 £2,200 24
    2001£97,181 £1,605 16
    2000£106,977 £1,431 22
    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£2,653,0005
    2022£295,0001
    2021£2,956,514 £16,523 9
    2020£2,794,0002
    2019£1,108,417 £2,708 6
    2018£4,321,45912
    2017£1,511,4578
    2016£2,614,350 £1,914 10
    2015£651,2504
    2014£866,1504
    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
    2008£880,0001
    2006£228,250 £1,668 2
    2005£445,0001
    2004£137,5002
    2003£296,250 £1,585 4
    2002£170,000 £1,441 1
    1999£264,000 £924 4
    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£304,0002
    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 2JR area

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