Housing Market Analysis for NE8 2QP

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE8 2QP 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.

    All the Sales in the NE8 2QP

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

    AddressSold DatePrice% Change

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

    NE8 2QP Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £110,792 median price is £116,725 Standard Deviation is £53,315 with Total Sold: 1,098
      • The Last 5 Year average price is £144,482 with Total Sold: 222
      • The most recent sale happened at this postcode is , 29 RENFORTH STREET: £146,000 (Sold on 03 Sep 2024)
      • The first recorded sale happened at this postcode is , 29 FOWLER GARDENS: £30,500 (Sold on 27 Jan 1995)
    • Flat
      • The average price is around £83,255 median price is £84,950 Standard Deviation is £38,321 with Total Sold: 625
      • The Last 5 Year average price is £96,600 with Total Sold: 93
      • The most recent sale happened at this postcode is , 26 PALATINE PLACE: £106,000 (Sold on 30 Aug 2024)
      • The first recorded sale happened at this postcode is , 236 WESTWAY: £28,000 (Sold on 17 Mar 1995)
    • Semi-Detached
      • The average price is around £110,200 median price is £114,000 Standard Deviation is £46,447 with Total Sold: 593
      • The Last 5 Year average price is £154,755 with Total Sold: 90
      • 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 , 2 ELSDON GARDENS: £45,000 (Sold on 17 Feb 1995)
    • Other
      • The average price is around £178,424 median price is £74,650 Standard Deviation is £398,452 with Total Sold: 54
      • The Last 5 Year average price is £191,273 with Total Sold: 41
      • The most recent sale happened at this postcode is , 85 RAVENSWORTH ROAD: £85,000 (Sold on 12 Apr 2024)
      • The first recorded sale happened at this postcode is , 61 RAVENSWORTH ROAD: £1,009 (Sold on 17 Nov 2016)
    • Detached
      • The average price is around £159,858 median price is £180,000 Standard Deviation is £71,388 with Total Sold: 109
      • The Last 5 Year average price is £255,291 with Total Sold: 12
      • 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 , 2 DRURY BUILDINGS: £30,000 (Sold on 12 Jan 1995)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£147,471 £2,073 16
    2023£146,737 £1,924 32
    2022£158,750 £1,962 36
    2021£139,944 £1,834 48
    2020£144,753 £1,831 35
    2019£136,751 £1,812 55
    2018£150,361 £1,777 61
    2017£122,524 £1,495 46
    2016£138,814 £1,766 58
    2015£152,051 £1,879 64
    2014£137,126 £1,768 54
    2013£142,904 £1,514 43
    2012£134,375 £1,627 26
    2011£105,977 £1,369 19
    2010£116,890 £1,678 25
    2009£111,212 £1,343 24
    2008£127,902 £1,687 32
    2007£122,008 £1,620 50
    2006£97,562 £1,308 46
    2005£82,238 £1,069 21
    2004£84,359 £1,241 27
    2003£83,458 £1,030 62
    2002£57,775 £702 38
    2001£41,659 £508 37
    2000£32,097 £419 31
    1999£34,817 £506 18
    1998£32,510 £432 36
    1997£34,816 £413 22
    1996£33,713 £433 19
    1995£31,774 £442 17
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£104,250 £1,724 11
    2023£105,300 £1,503 15
    2022£91,734 £1,522 25
    2021£86,500 £1,415 16
    2020£94,656 £1,384 16
    2019£106,568 £1,682 10
    2018£114,573 £1,543 13
    2017£88,890 £1,427 16
    2016£90,058 £1,508 19
    2015£86,600 £1,464 35
    2014£91,600 £1,539 20
    2013£101,026 £1,677 15
    2012£94,155 £1,533 22
    2011£106,329 £1,512 12
    2010£122,302 £1,645 16
    2009£85,541 £1,359 18
    2008£103,525 £1,581 28
    2007£96,147 £1,528 47
    2006£101,201 £1,545 53
    2005£69,622 £1,145 19
    2004£83,992 £1,295 26
    2003£86,628 £1,435 59
    2002£59,309 £875 32
    2001£24,014 £394 11
    2000£24,282 £392 14
    1999£22,604 £343 12
    1998£24,525 £386 10
    1997£21,264 £371 14
    1996£18,761 £319 9
    1995£26,771 £373 12
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£164,6254
    2023£178,804 £2,266 13
    2022£193,554 £2,235 10
    2021£149,436 £1,791 22
    2020£137,900 £1,811 18
    2019£140,853 £1,778 23
    2018£156,717 £1,713 22
    2017£147,217 £1,698 22
    2016£137,845 £1,886 20
    2015£122,539 £1,648 30
    2014£117,313 £1,400 19
    2013£125,760 £1,454 15
    2012£120,139 £1,566 14
    2011£126,295 £1,615 22
    2010£125,136 £1,785 7
    2009£112,950 £1,519 11
    2008£127,385 £1,743 13
    2007£142,309 £1,902 33
    2006£129,621 £1,765 24
    2005£117,450 £1,626 26
    2004£115,154 £1,678 25
    2003£91,402 £1,237 21
    2002£79,189 £1,066 36
    2001£54,936 £756 32
    2000£57,282 £855 53
    1999£43,554 £553 12
    1998£49,995 £626 10
    1997£46,017 £689 15
    1996£45,950 £953 8
    1995£43,569 £552 13
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£96,000 £1,572 3
    2023£72,875 £1,076 8
    2022£274,250 £1,500 4
    2021£178,240 £571 5
    2020£105,493 £451 7
    2019£303,183 £225 14
    2018£187,977 £842 5
    2017£136,760 £1,565 6
    2016£16,1302
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£236,0001
    2023£273,000 £2,900 2
    2022£253,200 £2,792 5
    2021£310,000 £2,500 2
    2020£215,000 £2,471 1
    2019£180,495 £2,201 1
    2018£188,199 £2,375 5
    2017£213,037 £2,325 5
    2016£208,263 £2,192 15
    2015£192,500 £1,873 5
    2014£196,0001
    2011£123,498 £1,452 2
    2010£173,000 £1,466 1
    2009£160,000 £1,356 1
    2007£191,000 £1,480 8
    2006£143,995 £1,585 10
    2005£192,475 £1,125 2
    2004£180,000 £2,017 2
    2003£159,988 £1,300 4
    2002£113,971 £978 12
    2001£88,179 £855 5
    2000£75,113 £773 14
    1999£68,2252
    1998£54,000 £1,125 1
    1997£59,0001
    1995£30,000 £219 1

    House Type in NE8 2QP area

    The most common house types in the NE8 2QP postcode area are Terraced (64), Semi-detached (49), and Flat (19).

    Total136
    Terraced64
    Semi-detached49
    Flat19
    Detached4
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (87), and Owned: Owns with a mortgage or loan (41).

    Social rented: Other social rented87
    Owned: Owns with a mortgage or loan41
    Private rented: Private landlord or letting agency5
    Owned: Owns outright2
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Shared ownership: Shared ownership0
    Private rented: Other private rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE8 2QP have 2 people in household (46), and 1 person in household (43).

    2 people in household46
    1 person in household43
    3 people in household21
    4 people in household15
    5 people in household7
    6 people in household3
    7 people in household2
    0 people in household0
    8 or more people in household0