Housing Market Analysis for NE8 2LL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 2LL Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £116,742 median price is £119,995 Standard Deviation is £53,289 with Total Sold: 1,633
      • The Last 5 Year average price is £133,761 with Total Sold: 301
      • The most recent sale happened at this postcode is , 74 WINDMILL WAY: £71,500 (Sold on 13 Sep 2024)
      • The first recorded sale happened at this postcode is , 37 CLAREMONT NORTH AVENUE: £23,000 (Sold on 20 Jan 1995)
    • Terraced
      • The average price is around £110,213 median price is £108,000 Standard Deviation is £55,694 with Total Sold: 775
      • The Last 5 Year average price is £144,705 with Total Sold: 121
      • The most recent sale happened at this postcode is , 12 CLAREMONT NORTH AVENUE: £120,000 (Sold on 30 Aug 2024)
      • The first recorded sale happened at this postcode is , 13 CLAREMONT SOUTH AVENUE: £24,000 (Sold on 10 Mar 1995)
    • Other
      • The average price is around £297,702 median price is £112,500 Standard Deviation is £746,483 with Total Sold: 42
      • The Last 5 Year average price is £382,614 with Total Sold: 27
      • The most recent sale happened at this postcode is , 4 SEDGEWICK PLACE: £85,000 (Sold on 05 Apr 2024)
      • The first recorded sale happened at this postcode is , 3 SHAFTESBURY WALK: £63,000 (Sold on 09 May 2014)
    • Detached
      • The average price is around £176,094 median price is £200,000 Standard Deviation is £84,530 with Total Sold: 27
      • The Last 5 Year average price is £216,393 with Total Sold: 7
      • The most recent sale happened at this postcode is , 11 BARRINGTON PLACE: £350,000 (Sold on 22 Mar 2024)
      • The first recorded sale happened at this postcode is , 10 REGENT TERRACE: £60,000 (Sold on 12 Jul 1999)
    • Semi-Detached
      • The average price is around £121,060 median price is £115,000 Standard Deviation is £58,165 with Total Sold: 135
      • The Last 5 Year average price is £173,692 with Total Sold: 13
      • 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 , 11 RECTORY PLACE: £24,500 (Sold on 04 Oct 1996)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£134,539 £2,050 28
    2023£135,140 £2,145 61
    2022£134,174 £2,113 60
    2021£135,442 £2,096 55
    2020£139,987 £2,105 42
    2019£124,948 £1,907 55
    2018£139,347 £2,028 87
    2017£128,303 £2,092 56
    2016£137,442 £2,233 106
    2015£120,985 £1,972 46
    2014£129,564 £1,985 89
    2013£106,816 £1,938 25
    2012£115,036 £1,965 55
    2011£95,079 £1,562 28
    2010£127,285 £2,053 16
    2009£138,573 £2,027 41
    2008£123,394 £2,109 51
    2007£133,728 £2,277 155
    2006£118,222 £2,110 101
    2005£116,882 £2,162 173
    2004£124,059 £1,938 109
    2003£50,190 £810 50
    2002£51,347 £971 53
    2001£26,686 £483 21
    2000£25,312 £325 13
    1999£19,283 £238 12
    1998£16,875 £281 6
    1997£18,278 £258 9
    1996£26,933 £294 12
    1995£21,192 £280 18
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£199,000 £1,464 8
    2023£145,960 £1,469 24
    2022£146,932 £1,488 28
    2021£149,717 £1,415 21
    2020£127,615 £1,238 17
    2019£129,857 £1,249 23
    2018£143,962 £1,485 16
    2017£129,698 £1,359 20
    2016£141,067 £1,366 29
    2015£122,290 £1,195 23
    2014£145,352 £1,308 25
    2013£125,653 £1,172 16
    2012£128,862 £1,262 16
    2011£120,608 £1,201 16
    2010£151,478 £1,325 26
    2009£126,684 £1,492 16
    2008£130,508 £1,397 19
    2007£129,323 £1,410 39
    2006£139,917 £1,372 39
    2005£137,791 £1,128 37
    2004£125,672 £1,305 65
    2003£84,757 £866 51
    2002£70,271 £684 65
    2001£44,959 £441 22
    2000£48,146 £563 31
    1999£42,578 £505 25
    1998£30,833 £359 17
    1997£27,450 £190 17
    1996£34,711 £304 14
    1995£34,350 £281 10
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£94,333 £2,190 3
    2023£109,000 £2,672 5
    2022£391,764 £1,725 7
    2021£97,595 £789 3
    2020£730,0001
    2019£717,181 £1,194 8
    2018£84,000 £1,333 1
    2017£204,663 £7,055 4
    2016£116,688 £707 4
    2015£132,625 £1,167 4
    2014£136,5002
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£350,000 £2,823 1
    2023£250,000 £1,689 1
    2022£173,625 £1,279 2
    2021£189,167 £1,375 3
    2018£210,000 £1,148 1
    2017£300,000 £2,419 1
    2011£98,500 £1,151 1
    2007£250,0001
    2006£147,250 £827 4
    2005£147,475 £1,284 2
    2004£243,100 £1,315 4
    2003£95,833 £802 3
    2002£88,725 £814 2
    1999£60,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£210,0001
    2023£150,000 £2,586 1
    2022£205,333 £2,348 3
    2021£183,500 £1,813 3
    2020£171,667 £1,723 3
    2019£108,250 £1,783 2
    2018£122,375 £1,513 4
    2017£153,600 £1,702 5
    2016£132,000 £872 2
    2015£150,769 £1,895 2
    2014£184,875 £1,457 4
    2013£149,000 £1,620 1
    2012£138,750 £1,645 2
    2011£85,833 £917 3
    2010£166,000 £1,443 2
    2009£110,000 £1,467 1
    2008£136,500 £1,307 2
    2007£184,350 £1,793 10
    2006£152,362 £1,628 13
    2005£151,652 £1,357 6
    2004£114,290 £1,526 5
    2003£118,155 £1,271 11
    2002£95,792 £950 12
    2001£69,511 £792 23
    2000£60,141 £798 11
    1999£54,500 £727 1
    1997£29,500 £349 1
    1996£24,500 £202 1

    House Type in NE8 2LL area

    The most common house types in the NE8 2LL postcode area are Flat (76), Terraced (25), and Semi-detached (12).

    Total118
    Flat76
    Terraced25
    Semi-detached12
    Shared house3
    commercial building2
    Detached0
    converted 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 (53), and Social rented: Other social rented (23).

    Social rented: Rents from council or Local Authority53
    Social rented: Other social rented23
    Owned: Owns with a mortgage or loan17
    Private rented: Private landlord or letting agency10
    Owned: Owns outright6
    Private rented: Other private rented2
    Lives rent free1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the NE8 2LL have 1 person in household (61), and 2 people in household (29).

    1 person in household61
    2 people in household29
    3 people in household12
    4 people in household7
    5 people in household4
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0