Housing Market Analysis for WATSON STREET, NE8 2PQ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £173,212 median price is £179,950 Standard Deviation is £18,367 with Total Sold: 8
    • The Last 5 Year average price is £150,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 WATSON STREET: £175,000 (Sold on 23 Sep 2021)
    • The first recorded sale happened at this postcode is 2 WATSON STREET: £125,000 (Sold on 01 Mar 2024)
  • Other
    • The average price is around £2,630,000 median price is £2,630,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is GATESHEAD TEAMS FAMILY PRACTICE WATSON STREET: £2,630,000 (Sold on 21 Mar 2017)
    • The first recorded sale happened at this postcode is GATESHEAD TEAMS FAMILY PRACTICE WATSON STREET: £2,630,000 (Sold on 21 Mar 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2PQ 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£175,000 £1,620 1
2007£180,950 £1,610 6
2024£125,000 £1,136 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£2,630,0001

All the Sales in the WATSON STREET, NE8 2PQ

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

AddressSold DatePrice% Change
1 WATSON STREETTerraced, FreeholdArea: 108 Sq.mtrAge: 2003-200623 Sep 2021£175,000-4.35%
04 May 2007£182,950First Sale
GATESHEAD TEAMS FAMILY PRACTICE WATSON STREETOther, Freehold21 Mar 2017£2,630,000First Sale
5 WATSON STREETTerraced, FreeholdArea: 110 Sq.mtrAge: 2003-200609 Nov 2007£179,950First Sale
4 WATSON STREETTerraced, FreeholdArea: 108 Sq.mtrAge: 2003-200608 May 2007£179,950First Sale
6 WATSON STREETTerraced, FreeholdArea: 131.58 Sq.mtrAge: 2003-200604 May 2007£182,950First Sale
2 WATSON STREETTerraced, FreeholdArea: 110 Sq.mtrAge: 2003-200604 May 2007£179,95043.96%
01 Mar 2024£125,000First Sale
3 WATSON STREETTerraced, FreeholdArea: 110 Sq.mtrAge: 2003-200604 May 2007£179,950First Sale

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

WATSON STREET, NE8 2PQ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £132,156 median price is £135,757 Standard Deviation is £48,151 with Total Sold: 568
    • The Last 5 Year average price is £153,774 with Total Sold: 98
    • 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 £99,385 median price is £98,748 Standard Deviation is £40,903 with Total Sold: 366
    • The Last 5 Year average price is £119,423 with Total Sold: 66
    • The most recent sale happened at this postcode is , 10 ALMOND CRESCENT: £136,000 (Sold on 05 Jul 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 £105,656 median price is £113,996 Standard Deviation is £39,942 with Total Sold: 665
    • The Last 5 Year average price is £122,506 with Total Sold: 99
    • 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 £118,687 median price is £123,995 Standard Deviation is £50,715 with Total Sold: 129
    • 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 £623,893 median price is £72,500 Standard Deviation is £1,264,375 with Total Sold: 12
    • The Last 5 Year average price is £854,720 with Total Sold: 5
    • The most recent sale happened at this postcode is , ROSEWOOD HOUSE, 7 KYLE ROAD: £4,100,000 (Sold on 02 Oct 2023)
    • The first recorded sale happened at this postcode is , VICTORIA HOUSE VICTORIA ROAD: £55,000 (Sold on 03 Jun 2016)

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£155,174 £1,963 23
2019£145,445 £1,774 19
2018£155,748 £1,708 21
2017£145,485 £2,006 20
2016£140,547 £1,848 29
2015£153,475 £1,684 38
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£28,238 £539 4
1998£32,000 £649 7
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£133,510 £1,606 5
2023£133,778 £2,022 9
2022£123,200 £1,945 11
2021£112,762 £3,209 17
2020£118,567 £1,741 12
2019£109,621 £1,771 12
2018£140,632 £1,710 11
2017£99,892 £1,590 12
2016£97,722 £3,996 9
2015£80,417 £1,248 6
2014£106,590 £1,674 10
2013£87,500 £1,280 6
2012£88,667 £1,234 3
2011£118,412 £1,565 15
2010£97,111 £1,684 9
2009£115,590 £3,269 17
2008£117,112 £1,827 13
2007£111,813 £1,868 19
2006£130,109 £1,811 16
2005£108,264 £1,684 40
2004£102,267 £1,518 31
2003£79,559 £1,207 32
2002£57,976 £910 19
2001£37,5003
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£117,395 £2,052 20
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£111,927 £1,878 26
2016£91,049 £1,951 39
2015£111,049 £1,953 25
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£120,848 £2,162 49
2005£125,686 £2,136 104
2004£80,379 £1,473 35
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£102,200 £985 7
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
2023£4,100,0001
2021£1,200 £17 2
2019£85,600 £1,030 2
2018£45,600 £11 2
2017£933,167 £1,093 3
2016£161,2062

House Type in NE8 2PQ area

The most common house types in the NE8 2PQ postcode area are Semi-detached (109), Flat (36), and Detached (28).

Total207
Semi-detached109
Flat36
Detached28
Terraced25
Shared house7
converted building2
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 (86), and Owned: Owns with a mortgage or loan (40).

Social rented: Rents from council or Local Authority86
Owned: Owns with a mortgage or loan40
Social rented: Other social rented28
Private rented: Private landlord or letting agency26
Owned: Owns outright16
Shared ownership: Shared ownership5
Private rented: Other private rented3
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the NE8 2PQ have 1 person in household (72), and 3 people in household (48).

1 person in household72
3 people in household48
2 people in household44
4 people in household21
5 people in household13
6 people in household4
7 people in household3
0 people in household0
8 or more people in household0