Housing Market Analysis for NE8 2QE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £99,375 median price is £99,375 Standard Deviation is £5,625 with Total Sold: 2
    • The Last 5 Year average price is £99,375 with Total Sold: 2
    • The most recent sale happened at this postcode is 72 MILLING COURT: £105,000 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is 42 MILLING COURT: £93,750 (Sold on 19 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2QE 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£105,000 £1,207 1
2024£93,7501

All the Sales in the NE8 2QE

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

AddressSold DatePrice% Change
72 MILLING COURTTerraced, FreeholdArea: 87 Sq.mtrAge: 1976-198219 Dec 2023£105,000First Sale
42 MILLING COURTTerraced, Freehold19 Mar 2024£93,750First Sale

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

NE8 2QE Near By properties

Interactive Map

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

  • Flat
    • The average price is around £100,353 median price is £109,765 Standard Deviation is £40,178 with Total Sold: 700
    • The Last 5 Year average price is £121,362 with Total Sold: 90
    • 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 £134,815 median price is £140,125 Standard Deviation is £50,157 with Total Sold: 582
    • The Last 5 Year average price is £156,382 with Total Sold: 96
    • 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 £106,040 median price is £102,998 Standard Deviation is £47,830 with Total Sold: 262
    • The Last 5 Year average price is £127,106 with Total Sold: 42
    • 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 £125,332 median price is £126,995 Standard Deviation is £56,640 with Total Sold: 117
    • The Last 5 Year average price is £193,230 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 £401,790 median price is £90,000 Standard Deviation is £793,283 with Total Sold: 9
    • 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£114,686 £1,970 14
2019£119,478 £2,017 18
2018£114,960 £1,962 26
2017£110,462 £1,913 24
2016£90,335 £1,951 40
2015£107,720 £1,986 17
2014£67,177 £1,087 11
2013£108,577 £1,917 39
2012£106,130 £1,859 41
2011£104,937 £1,628 16
2010£93,416 £1,741 6
2009£98,178 £3,293 14
2008£109,436 £1,950 25
2007£106,983 £2,060 44
2006£114,471 £2,114 58
2005£122,771 £2,128 112
2004£81,583 £1,532 45
2003£38,762 £787 16
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£178,864 £1,826 11
2023£149,375 £1,786 11
2022£167,853 £1,950 17
2021£159,048 £1,750 22
2020£148,500 £1,953 15
2019£141,098 £1,558 20
2018£151,458 £1,700 19
2017£147,236 £1,847 21
2016£139,218 £1,777 23
2015£146,291 £1,644 28
2014£157,409 £1,493 17
2013£117,718 £1,649 11
2012£141,272 £1,648 9
2011£124,698 £1,636 19
2010£135,191 £1,738 13
2009£150,835 £2,668 26
2008£152,233 £2,080 25
2007£144,556 £1,834 55
2006£144,289 £1,741 36
2005£143,966 £1,523 39
2004£135,138 £1,542 85
2003£84,389 £1,086 14
2002£46,123 £639 11
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£140,500 £2,131 8
2022£132,650 £2,011 6
2021£125,625 £5,067 8
2020£116,000 £1,809 10
2019£116,286 £1,949 7
2018£161,214 £1,844 7
2017£99,528 £1,531 9
2016£100,250 £5,212 6
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£139,298 £1,680 9
2010£100,000 £1,561 5
2009£120,090 £3,675 12
2008£109,306 £1,900 8
2007£124,222 £1,892 16
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£55,660 £850 9
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£212,417 £2,170 6
2021£219,167 £1,885 3
2020£147,750 £1,739 2
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£178,500 £1,621 2
2012£137,500 £1,461 2
2011£142,486 £1,621 4
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£155,342 £1,639 10
2004£140,116 £1,518 16
2003£120,000 £1,082 4
2002£88,670 £861 10
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£161,2062
2014£63,0001

House Type in NE8 2QE area

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