Housing Market Analysis for NE8 2PG

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £110,000 median price is £110,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £110,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 22 MILLING COURT: £110,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is 22 MILLING COURT: £110,000 (Sold on 28 Jul 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2PG 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
2023£110,000 £1,236 1

All the Sales in the NE8 2PG

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

AddressSold DatePrice% Change
22 MILLING COURTTerraced, FreeholdArea: 89 Sq.mtrAge: 1976-198228 Jul 2023£110,000First Sale

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

NE8 2PG Near By properties

Interactive Map

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

  • Flat
    • The average price is around £99,809 median price is £108,000 Standard Deviation is £39,496 with Total Sold: 677
    • The Last 5 Year average price is £122,955 with Total Sold: 87
    • 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 , 40 BENSHAM CRESCENT: £18,750 (Sold on 22 Mar 1995)
  • Terraced
    • The average price is around £135,866 median price is £142,950 Standard Deviation is £52,147 with Total Sold: 545
    • The Last 5 Year average price is £157,335 with Total Sold: 87
    • 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 £103,049 median price is £102,000 Standard Deviation is £45,231 with Total Sold: 245
    • The Last 5 Year average price is £123,761 with Total Sold: 40
    • 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)
  • Detached
    • The average price is around £126,944 median price is £126,995 Standard Deviation is £59,873 with Total Sold: 104
    • The Last 5 Year average price is £191,419 with Total Sold: 13
    • 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 £445,139 median price is £130,000 Standard Deviation is £831,293 with Total Sold: 8
    • The Last 5 Year average price is £152,067 with Total Sold: 3
    • The most recent sale happened at this postcode is 5, OCTOBER COURTYARD FALL PASS: £1,200 (Sold on 06 May 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£123,188 £2,471 8
2023£130,854 £2,371 14
2022£116,828 £2,032 18
2021£124,778 £2,067 18
2020£120,354 £2,068 13
2019£122,881 £2,072 16
2018£110,098 £1,969 25
2017£109,504 £1,905 23
2016£89,408 £1,945 39
2015£107,720 £1,986 17
2014£71,106 £1,154 9
2013£108,577 £1,917 39
2012£103,783 £1,866 40
2011£95,333 £1,669 12
2010£93,416 £1,741 6
2009£87,636 £3,812 11
2008£107,014 £1,917 22
2007£106,602 £2,073 42
2006£115,427 £2,138 57
2005£122,771 £2,128 112
2004£81,583 £1,532 45
2003£38,713 £803 15
2002£61,667 £1,155 39
2001£33,044 £716 9
2000£17,144 £199 8
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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,688 £1,630 8
2023£165,260 £1,704 12
2022£168,536 £1,837 14
2021£159,645 £1,709 21
2020£144,125 £1,970 12
2019£142,898 £1,519 20
2018£154,044 £1,653 16
2017£152,791 £1,877 17
2016£140,000 £1,731 22
2015£148,777 £1,600 24
2014£159,591 £1,453 16
2013£118,490 £1,687 10
2012£143,650 £1,652 10
2011£130,504 £1,506 20
2010£158,425 £1,610 21
2009£159,631 £3,662 15
2008£154,087 £2,051 19
2007£143,596 £1,805 51
2006£144,289 £1,741 36
2005£143,966 £1,523 39
2004£136,503 £1,554 83
2003£84,389 £1,086 14
2002£41,840 £598 10
2001£42,000 £441 4
2000£32,475 £392 8
1999£31,817 £621 3
1998£33,571 £649 7
1997£38,890 £377 5
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£139,857 £2,101 7
2022£110,580 £1,985 5
2021£125,625 £5,067 8
2020£116,000 £1,809 10
2019£116,286 £1,949 7
2018£108,250 £1,695 4
2017£99,528 £1,531 9
2016£98,500 £5,903 5
2015£82,250 £1,126 2
2014£113,200 £1,711 7
2013£85,875 £1,262 4
2012£125,000 £1,786 1
2011£97,186 £1,626 4
2010£112,167 £1,536 6
2009£120,090 £3,675 12
2008£108,742 £1,954 6
2007£122,837 £1,892 15
2006£147,456 £1,757 17
2005£112,142 £1,666 39
2004£104,418 £1,516 27
2003£92,638 £1,410 13
2002£43,390 £810 5
2001£36,7502
2000£32,658 £566 6
1999£33,500 £568 7
1998£38,000 £426 3
1997£29,690 £500 5
1996£25,0001
1995£27,990 £487 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£164,500 £2,082 1
2022£204,900 £2,157 5
2021£219,167 £1,885 3
2020£135,500 £1,671 1
2019£168,817 £2,032 3
2018£180,000 £1,256 2
2017£147,000 £1,885 1
2016£160,000 £1,896 1
2015£215,000 £1,853 1
2014£139,000 £1,800 2
2013£190,000 £1,696 1
2012£110,000 £1,357 1
2011£127,475 £1,543 2
2010£170,667 £2,012 3
2009£175,0001
2008£161,000 £1,917 1
2007£182,279 £1,777 7
2006£168,000 £2,037 2
2005£147,442 £1,639 10
2004£148,390 £1,466 15
2003£120,000 £1,082 4
2002£109,000 £857 3
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 £20 1
2019£227,500 £2,048 2
2018£90,0001
2017£1,342,250 £879 2
2016£267,4121
2014£63,0001

House Type in NE8 2PG area

The most common house types in the NE8 2PG postcode area are Terraced (56), Flat (32), and Semi-detached (25).

Total124
Terraced56
Flat32
Semi-detached25
Detached9
commercial building2
Shared house0
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 (73), and Social rented: Other social rented (22).

Social rented: Rents from council or Local Authority73
Social rented: Other social rented22
Owned: Owns outright11
Private rented: Private landlord or letting agency8
Owned: Owns with a mortgage or loan7
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE8 2PG have 1 person in household (56), and 2 people in household (32).

1 person in household56
2 people in household32
3 people in household17
4 people in household11
5 people in household4
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0