Housing Market Analysis for HERITAGE CLOSE, NE8 2PT

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £143,765 median price is £135,000 Standard Deviation is £23,248 with Total Sold: 15
    • The Last 5 Year average price is £171,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 11 HERITAGE CLOSE: £185,000 (Sold on 14 Nov 2022)
    • The first recorded sale happened at this postcode is 2 HERITAGE CLOSE: £164,500 (Sold on 16 Nov 2023)
  • Semi-Detached
    • The average price is around £106,469 median price is £104,500 Standard Deviation is £11,763 with Total Sold: 19
    • The Last 5 Year average price is £120,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 HERITAGE CLOSE: £120,000 (Sold on 01 Feb 2019)
    • The first recorded sale happened at this postcode is 1 HERITAGE CLOSE: £98,995 (Sold on 02 Jul 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2PT 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£183,750 £1,976 2
2019£154,000 £1,750 1
2016£160,000 £1,896 1
2011£125,000 £1,420 1
2010£135,0001
2008£161,000 £1,917 1
2007£161,500 £2,071 1
2004£121,328 £1,477 6
2023£164,500 £2,082 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£120,000 £1,729 1
2016£107,500 £1,886 1
2014£100,000 £1,762 1
2013£107,500 £1,549 1
2011£104,500 £1,841 1
2006£126,000 £2,005 2
2005£113,500 £1,881 3
2004£98,991 £1,515 9

All the Sales in the HERITAGE CLOSE, NE8 2PT

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

AddressSold DatePrice% Change
11 HERITAGE CLOSEDetached, FreeholdArea: 103.98 Sq.mtrAge: 2003-200614 Nov 2022£185,00049.20%
30 Jul 2004£123,995First Sale
9 HERITAGE CLOSEDetached, FreeholdArea: 84 Sq.mtrAge: 2003-200601 Jun 2022£182,50013.35%
29 Apr 2008£161,00029.84%
09 Jul 2004£123,995First Sale
1 HERITAGE CLOSESemi-Detached, FreeholdArea: 69.4 Sq.mtrAge: 2003-200601 Feb 2019£120,00011.63%
31 Jan 2013£107,500-19.78%
01 Dec 2006£134,00017.54%
17 Sep 2004£114,00015.16%
02 Jul 2004£98,995First Sale
16 HERITAGE CLOSEDetached, FreeholdArea: 88 Sq.mtrAge: 2003-200625 Jan 2019£154,00023.20%
30 Sep 2011£125,0005.94%
26 Aug 2004£117,995First Sale
8 HERITAGE CLOSEDetached, FreeholdArea: 84.4 Sq.mtrAge: 2003-200621 Dec 2016£160,00030.09%
28 May 2004£122,995First Sale
21 HERITAGE CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 2003-200606 May 2016£107,5001.42%
01 Jul 2005£106,00023.26%
17 Sep 2004£85,995First Sale
19 HERITAGE CLOSESemi-Detached, FreeholdArea: 56.76 Sq.mtrAge: 2003-200613 Jun 2014£100,000-4.31%
22 Jul 2011£104,500-11.44%
15 Dec 2006£118,0009.26%
04 Jul 2005£108,00025.59%
17 Sep 2004£85,995First Sale
10 HERITAGE CLOSEDetached, Freehold06 Apr 2010£135,00010.66%
04 Jun 2004£121,995First Sale
2 HERITAGE CLOSEDetached, FreeholdArea: 78 Sq.mtrAge: 2003-200629 Jun 2007£161,50038.04%
18 Jun 2004£116,995-28.88%
16 Nov 2023£164,500First Sale
3 HERITAGE CLOSESemi-Detached, Freehold27 May 2005£126,50027.78%
02 Jul 2004£98,995First Sale
17 HERITAGE CLOSESemi-Detached, Freehold01 Oct 2004£102,995First Sale
15 HERITAGE CLOSESemi-Detached, FreeholdArea: 69.4 Sq.mtrAge: 2003-200601 Oct 2004£102,950First Sale
14 HERITAGE CLOSESemi-Detached, Freehold20 Aug 2004£99,995First Sale
12 HERITAGE CLOSESemi-Detached, Freehold09 Aug 2004£100,995First Sale

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

HERITAGE CLOSE, NE8 2PT Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £102,193 median price is £99,998 Standard Deviation is £42,486 with Total Sold: 412
    • The Last 5 Year average price is £122,194 with Total Sold: 78
    • The most recent sale happened at this postcode is , 102 DERWENTWATER ROAD: £140,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 57 TYNE VIEW PLACE: £27,500 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £136,251 median price is £140,000 Standard Deviation is £46,573 with Total Sold: 692
    • The Last 5 Year average price is £158,018 with Total Sold: 131
    • The most recent sale happened at this postcode is , 3 ROPERY ROAD: £213,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 71 DIXON STREET: £20,000 (Sold on 31 Mar 1995)
  • Flat
    • The average price is around £104,248 median price is £111,415 Standard Deviation is £40,117 with Total Sold: 704
    • The Last 5 Year average price is £120,689 with Total Sold: 106
    • 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 £136,690 median price is £137,250 Standard Deviation is £61,109 with Total Sold: 156
    • The Last 5 Year average price is £204,907 with Total Sold: 22
    • The most recent sale happened at this postcode is , 42 ROPERY ROAD: £236,000 (Sold on 08 Mar 2024)
    • 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 £457,838 median price is £55,000 Standard Deviation is £1,037,851 with Total Sold: 19
    • The Last 5 Year average price is £496,325 with Total Sold: 10
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£134,592 £1,606 6
2023£134,909 £1,992 11
2022£123,200 £1,945 11
2021£121,162 £2,995 21
2020£118,254 £1,741 14
2019£112,297 £1,747 15
2018£140,632 £1,710 11
2017£129,480 £1,683 21
2016£121,886 £3,130 16
2015£102,387 £1,528 9
2014£100,908 £1,657 12
2013£87,500 £1,280 6
2012£112,799 £1,547 5
2011£118,412 £1,565 15
2010£95,900 £1,684 10
2009£113,154 £3,269 18
2008£116,604 £1,828 14
2007£111,813 £1,868 19
2006£128,338 £1,866 17
2005£106,938 £1,684 39
2004£99,592 £1,534 35
2003£79,559 £1,207 32
2002£56,197 £910 18
2001£38,700 £601 5
2000£33,421 £566 7
1999£33,562 £568 8
1998£38,000 £426 3
1997£30,636 £480 7
1996£25,0001
1995£26,825 £487 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,688 £1,966 8
2023£156,643 £2,002 17
2022£168,717 £2,203 23
2021£155,270 £2,129 35
2020£156,827 £1,992 26
2019£150,884 £1,904 22
2018£156,313 £1,749 23
2017£153,065 £2,082 32
2016£147,590 £1,968 54
2015£158,394 £1,886 65
2014£143,666 £1,768 21
2013£126,610 £1,904 13
2012£143,792 £1,798 25
2011£127,925 £1,652 24
2010£125,585 £1,895 21
2009£149,736 £2,624 28
2008£146,019 £2,111 29
2007£139,592 £1,868 50
2006£133,868 £1,981 27
2005£119,035 £1,703 26
2004£125,045 £1,590 64
2003£77,832 £1,187 20
2002£40,035 £630 10
2001£34,500 £492 2
2000£26,467 £406 6
1999£28,238 £539 4
1998£31,167 £649 6
1997£23,875 £477 4
1996£22,450 £415 5
1995£24,975 £599 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,450 £2,327 10
2023£125,386 £2,271 18
2022£117,395 £2,052 20
2021£125,050 £2,106 20
2020£120,631 £1,954 16
2019£111,482 £1,989 22
2018£114,663 £1,929 30
2017£111,818 £1,883 27
2016£88,486 £1,848 45
2015£109,850 £1,952 32
2014£76,697 £1,308 15
2013£108,213 £1,918 40
2012£106,646 £1,893 50
2011£99,100 £1,648 20
2010£130,884 £1,770 14
2009£97,566 £3,138 15
2008£110,453 £1,863 29
2007£105,765 £2,019 41
2006£120,848 £2,162 49
2005£124,022 £2,100 107
2004£80,965 £1,461 35
2003£27,012 £481 17
2002£29,500 £400 3
2001£10,167 £166 3
2000£11,192 £188 6
1999£19,550 £345 2
1998£15,469 £301 8
1997£24,500 £459 2
1996£16,200 £278 5
1995£16,417 £280 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,0001
2023£196,500 £2,471 3
2022£225,050 £2,496 10
2021£207,500 £2,183 2
2020£170,167 £1,983 3
2019£168,817 £2,032 3
2018£173,000 £1,808 2
2017£202,031 £2,252 6
2016£201,309 £2,152 16
2015£190,125 £2,050 4
2014£139,000 £1,800 2
2013£167,500 £1,682 2
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£169,890 £1,777 5
2006£168,000 £2,037 2
2005£148,348 £1,680 10
2004£126,497 £1,565 15
2003£102,200 £985 7
2002£85,459 £909 16
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£2,052,5002
2021£1,200 £17 2
2020£4,225 £55 2
2019£211,850 £692 4
2018£45,600 £11 2
2017£664,412 £1,973 5
2016£161,2062

House Type in NE8 2PT area

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