Housing Market Analysis for OAK SQUARE, NE8 2NY

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £21,200 median price is £13,500 Standard Deviation is £15,712 with Total Sold: 5
    • The most recent sale happened at this postcode is 8 OAK SQUARE: £50,000 (Sold on 25 Feb 2011)
    • The first recorded sale happened at this postcode is 8 OAK SQUARE: £7,000 (Sold on 11 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2NY 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
2011£50,000 £822 1
2003£25,500 £490 1
2001£10,000 £192 1
2000£13,500 £193 1
1998£7,000 £115 1

All the Sales in the OAK SQUARE, NE8 2NY

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

AddressSold DatePrice% Change
8 OAK SQUAREFlat, LeaseholdArea: 60.84 Sq.mtrAge: 1967-197525 Feb 2011£50,00096.08%
28 Oct 2003£25,500155.00%
28 Nov 2001£10,00042.86%
11 Jun 1998£7,000First Sale
16 OAK SQUAREFlat, LeaseholdArea: 70 Sq.mtrAge: 1967-197506 Oct 2000£13,500First Sale

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

OAK SQUARE, NE8 2NY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £130,710 median price is £135,000 Standard Deviation is £47,135 with Total Sold: 549
    • The Last 5 Year average price is £153,025 with Total Sold: 95
    • The most recent sale happened at this postcode is 15, COLLINGWOOD COURTYARD NORTH SIDE: £216,750 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 71 DIXON STREET: £20,000 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £101,028 median price is £99,995 Standard Deviation is £43,174 with Total Sold: 341
    • The Last 5 Year average price is £121,845 with Total Sold: 58
    • The most recent sale happened at this postcode is , 19 ROSE STREET: £127,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 57 TYNE VIEW PLACE: £27,500 (Sold on 17 Feb 1995)
  • Flat
    • The average price is around £104,869 median price is £113,000 Standard Deviation is £40,405 with Total Sold: 665
    • The Last 5 Year average price is £122,506 with Total Sold: 97
    • The most recent sale happened at this postcode is 21, FEBRUARY COURTYARD NORTH SIDE: £105,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 40 BENSHAM CRESCENT: £18,750 (Sold on 22 Mar 1995)
  • Detached
    • The average price is around £119,258 median price is £123,995 Standard Deviation is £50,497 with Total Sold: 128
    • The Last 5 Year average price is £184,063 with Total Sold: 15
    • The most recent sale happened at this postcode is , 2 HERITAGE CLOSE: £164,500 (Sold on 16 Nov 2023)
    • The first recorded sale happened at this postcode is , 32 SOUTH HILL ROAD: £59,950 (Sold on 25 Aug 1995)
  • Other
    • The average price is around £339,301 median price is £90,000 Standard Deviation is £730,096 with Total Sold: 11
    • The Last 5 Year average price is £114,350 with Total Sold: 4
    • The most recent sale happened at this postcode is 8, BEWICK COURTYARD NORTH SIDE: £1,200 (Sold on 19 Nov 2021)
    • The first recorded sale happened at this postcode is , 3 SHAFTESBURY WALK: £63,000 (Sold on 09 May 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£158,929 £1,966 7
2023£150,533 £1,898 13
2022£165,971 £2,175 17
2021£149,816 £1,977 19
2020£155,071 £2,016 21
2019£141,303 £1,763 18
2018£154,160 £1,710 20
2017£142,089 £2,016 19
2016£135,904 £1,876 26
2015£139,538 £1,651 29
2014£145,471 £1,691 17
2013£116,195 £1,823 10
2012£143,474 £1,843 19
2011£130,096 £1,669 23
2010£125,585 £1,895 21
2009£151,096 £2,668 27
2008£146,019 £2,111 29
2007£140,982 £1,897 50
2006£135,288 £1,939 26
2005£116,017 £1,687 25
2004£125,769 £1,587 61
2003£82,390 £1,115 15
2002£41,706 £676 9
2001£34,500 £492 2
2000£26,467 £406 6
1999£31,817 £621 3
1998£32,500 £649 6
1997£29,833 £477 3
1996£24,542 £411 6
1995£24,975 £599 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£146,517 £1,898 3
2023£133,778 £2,022 9
2022£125,244 £1,977 9
2021£117,063 £3,466 15
2020£118,567 £1,741 12
2019£111,750 £1,835 10
2018£144,445 £1,764 10
2017£101,427 £1,607 11
2016£97,722 £3,996 9
2015£80,417 £1,248 6
2014£111,711 £1,746 9
2013£94,400 £1,357 5
2012£98,000 £1,407 2
2011£120,156 £1,564 14
2010£104,250 £1,684 8
2009£115,590 £3,269 17
2008£119,538 £1,827 12
2007£114,441 £1,918 17
2006£142,609 £1,813 16
2005£108,169 £1,701 39
2004£102,906 £1,551 29
2003£79,497 £1,223 30
2002£58,891 £950 18
2001£36,7502
2000£32,658 £566 6
1999£33,500 £568 7
1998£38,000 £426 3
1997£30,636 £480 7
1996£25,0001
1995£27,990 £487 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£131,389 £2,336 9
2023£133,930 £2,288 15
2022£116,828 £2,032 18
2021£125,053 £2,091 19
2020£120,631 £1,954 16
2019£114,130 £2,033 20
2018£121,363 £2,042 26
2017£110,189 £1,878 27
2016£90,335 £1,951 40
2015£110,013 £1,913 19
2014£76,697 £1,308 15
2013£108,213 £1,918 40
2012£106,873 £1,883 45
2011£103,368 £1,648 19
2010£130,884 £1,770 14
2009£97,566 £3,138 15
2008£110,255 £1,922 28
2007£104,983 £2,019 42
2006£117,580 £2,162 51
2005£123,756 £2,136 107
2004£79,119 £1,473 36
2003£29,708 £525 13
2002£34,000 £473 2
2001£10,167 £166 3
2000£11,192 £188 6
1999£20,867 £345 3
1998£15,469 £301 8
1997£21,0001
1996£16,200 £278 5
1995£16,417 £280 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£162,250 £2,184 2
2022£203,250 £2,310 6
2021£207,500 £2,183 2
2020£147,750 £1,739 2
2019£168,817 £2,032 3
2018£150,000 £1,364 1
2017£147,000 £1,885 1
2016£152,500 £1,915 2
2015£215,000 £1,853 1
2014£139,000 £1,800 2
2013£167,333 £1,636 3
2012£141,000 £1,478 3
2011£142,289 £1,598 5
2010£170,667 £2,012 3
2009£175,0001
2008£161,000 £1,917 1
2007£170,992 £1,777 6
2006£168,000 £2,037 2
2005£148,348 £1,680 10
2004£127,964 £1,565 15
2003£111,650 £1,121 6
2002£85,785 £909 17
2001£77,667 £670 3
2000£65,8333
1999£60,567 £618 6
1998£62,269 £625 8
1997£58,983 £717 3
1996£49,233 £530 9
1995£59,725 £708 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,200 £17 2
2019£227,500 £2,048 2
2018£90,0001
2017£933,167 £1,093 3
2016£161,2062
2014£63,0001

House Type in NE8 2NY area

The most common house types in the NE8 2NY postcode area are Flat (47), Semi-detached (44), and Terraced (35).

Total133
Flat47
Semi-detached44
Terraced35
Shared house4
Detached3
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 (41), and Owned: Owns with a mortgage or loan (35).

Social rented: Rents from council or Local Authority41
Owned: Owns with a mortgage or loan35
Owned: Owns outright25
Private rented: Private landlord or letting agency22
Private rented: Other private rented5
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE8 2NY have 1 person in household (75), and 2 people in household (36).

1 person in household75
2 people in household36
3 people in household15
4 people in household5
5 people in household1
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0