Housing Market Analysis for NE8 2QR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE8 2QR 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 2QR

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

    AddressSold DatePrice% Change

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

    NE8 2QR Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £118,418 median price is £127,000 Standard Deviation is £51,613 with Total Sold: 941
      • The Last 5 Year average price is £150,846 with Total Sold: 198
      • 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 , 26 KEPPEL STREET: £34,000 (Sold on 27 Jan 1995)
    • Flat
      • The average price is around £82,043 median price is £83,000 Standard Deviation is £38,959 with Total Sold: 521
      • The Last 5 Year average price is £97,090 with Total Sold: 78
      • 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 £110,353 median price is £115,000 Standard Deviation is £45,968 with Total Sold: 607
      • The Last 5 Year average price is £155,102 with Total Sold: 91
      • 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 £185,398 median price is £74,150 Standard Deviation is £413,247 with Total Sold: 50
      • The Last 5 Year average price is £202,087 with Total Sold: 37
      • 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 £160,058 median price is £177,250 Standard Deviation is £69,974 with Total Sold: 112
      • The Last 5 Year average price is £239,214 with Total Sold: 14
      • 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£152,802 £2,073 15
    2023£147,115 £1,938 31
    2022£165,547 £2,058 32
    2021£145,201 £1,896 44
    2020£154,412 £1,952 30
    2019£145,571 £1,926 46
    2018£152,089 £1,824 56
    2017£125,425 £1,533 45
    2016£143,023 £1,825 54
    2015£155,568 £1,922 62
    2014£141,675 £1,825 50
    2013£144,425 £1,532 42
    2012£138,219 £1,664 24
    2011£114,771 £1,507 15
    2010£119,610 £1,719 25
    2009£113,113 £1,363 23
    2008£126,762 £1,703 32
    2007£124,612 £1,681 47
    2006£97,199 £1,253 35
    2005£90,499 £1,240 20
    2004£83,411 £1,315 19
    2003£76,318 £899 40
    2002£65,536 £758 28
    2001£44,996 £530 25
    2000£34,089 £437 18
    1999£37,123 £504 13
    1998£33,795 £441 30
    1997£37,550 £403 14
    1996£36,004 £438 13
    1995£32,927 £437 13
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£101,775 £1,724 10
    2023£106,692 £1,473 13
    2022£93,888 £1,500 17
    2021£82,571 £1,364 14
    2020£96,464 £1,374 14
    2019£106,568 £1,682 10
    2018£124,768 £1,635 11
    2017£87,016 £1,388 15
    2016£92,065 £1,530 17
    2015£87,213 £1,458 33
    2014£97,267 £1,640 15
    2013£108,532 £1,763 12
    2012£95,972 £1,560 21
    2011£102,813 £1,434 11
    2010£122,302 £1,645 16
    2009£86,416 £1,336 15
    2008£103,585 £1,569 26
    2007£95,332 £1,485 39
    2006£100,822 £1,543 47
    2005£73,721 £1,150 15
    2004£72,378 £1,067 18
    2003£63,495 £1,071 28
    2002£59,997 £882 31
    2001£24,014 £394 11
    2000£25,541 £392 11
    1999£22,425 £324 10
    1998£24,694 £381 9
    1997£21,054 £371 13
    1996£18,981 £321 8
    1995£25,114 £373 11
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£164,6254
    2023£177,461 £2,237 14
    2022£193,554 £2,235 10
    2021£153,140 £1,820 21
    2020£135,800 £1,821 19
    2019£140,853 £1,778 23
    2018£156,207 £1,755 23
    2017£145,751 £1,692 23
    2016£138,284 £1,900 19
    2015£122,539 £1,648 30
    2014£118,516 £1,453 22
    2013£125,760 £1,454 15
    2012£120,463 £1,581 15
    2011£126,295 £1,615 22
    2010£121,772 £1,739 9
    2009£112,950 £1,519 11
    2008£127,385 £1,743 13
    2007£141,129 £1,901 34
    2006£129,829 £1,778 24
    2005£115,171 £1,642 36
    2004£115,154 £1,678 25
    2003£82,309 £1,192 16
    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£63,600 £985 5
    2022£332,333 £1,304 3
    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£256,667 £2,291 3
    2020£175,250 £2,071 2
    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
    2012£110,000 £1,357 1
    2011£164,995 £1,703 1
    2010£173,000 £1,466 1
    2009£160,000 £1,356 1
    2007£186,167 £1,542 9
    2006£150,439 £1,639 9
    2005£170,648 £1,300 3
    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 2QR area

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