Housing Market Analysis for FORGE ROAD, NE8 2RB

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

Overview of Sold House prices

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

  • Other
    • The average price is around £780,000 median price is £780,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £780,000 with Total Sold: 1
    • The most recent sale happened at this postcode is VORTAYN GO KARTING FORGE ROAD: £780,000 (Sold on 14 Jan 2022)
    • The first recorded sale happened at this postcode is VORTAYN GO KARTING FORGE ROAD: £780,000 (Sold on 14 Jan 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2RB 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£780,0001

All the Sales in the FORGE ROAD, NE8 2RB

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

AddressSold DatePrice% Change
VORTAYN GO KARTING FORGE ROADOther, Leasehold14 Jan 2022£780,000First Sale

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

FORGE ROAD, NE8 2RB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £111,470 median price is £119,475 Standard Deviation is £50,044 with Total Sold: 388
    • The Last 5 Year average price is £148,782 with Total Sold: 98
    • 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 , 5 WILSON STREET: £32,500 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £68,333 median price is £72,000 Standard Deviation is £32,121 with Total Sold: 300
    • The Last 5 Year average price is £79,375 with Total Sold: 54
    • 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 £101,919 median price is £102,000 Standard Deviation is £49,380 with Total Sold: 802
    • The Last 5 Year average price is £160,281 with Total Sold: 113
    • 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 , 33 KNIGHTSIDE GARDENS: £26,750 (Sold on 15 Feb 1995)
  • Detached
    • The average price is around £156,832 median price is £147,498 Standard Deviation is £67,667 with Total Sold: 312
    • The Last 5 Year average price is £257,299 with Total Sold: 26
    • The most recent sale happened at this postcode is , 2 GRAYLING ROAD: £315,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 8 SWALLOW TAIL DRIVE: £66,950 (Sold on 15 Jun 1995)
  • Other
    • The average price is around £178,643 median price is £85,000 Standard Deviation is £382,930 with Total Sold: 57
    • The Last 5 Year average price is £199,665 with Total Sold: 41
    • The most recent sale happened at this postcode is , UNIT 10 VANCE BUSINESS PARK: £109,800 (Sold on 04 Jun 2024)
    • The first recorded sale happened at this postcode is , UNIT 2 VANCE BUSINESS PARK: £56,250 (Sold on 15 Nov 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£163,857 £1,707 7
2023£146,346 £1,775 13
2022£158,284 £1,975 19
2021£147,598 £1,823 25
2020£135,619 £1,717 8
2019£144,186 £1,838 26
2018£146,774 £1,887 25
2017£133,051 £1,625 24
2016£147,928 £1,943 28
2015£141,548 £1,777 28
2014£108,423 £1,102 13
2013£104,357 £958 7
2012£128,500 £966 1
2011£91,500 £1,125 2
2010£101,395 £1,090 10
2009£85,800 £1,120 5
2008£109,729 £1,066 7
2007£114,677 £1,437 11
2006£112,212 £1,293 16
2005£79,062 £1,041 8
2004£82,520 £848 10
2003£81,027 £873 16
2002£51,788 £509 12
2001£45,621 £494 12
2000£36,536 £444 11
1999£43,950 £531 8
1998£35,401 £356 18
1997£42,939 £304 9
1996£30,125 £374 6
1995£33,833 £331 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£91,200 £1,286 5
2023£90,688 £1,235 8
2022£87,700 £1,285 10
2021£73,750 £1,100 14
2020£72,909 £1,198 11
2019£65,538 £968 6
2018£71,000 £1,032 2
2017£71,639 £1,077 9
2016£80,600 £1,170 11
2015£67,388 £1,065 13
2014£71,167 £1,148 3
2013£81,475 £1,159 2
2012£87,875 £1,224 4
2011£73,190 £1,125 5
2010£84,500 £1,354 3
2009£73,750 £1,057 6
2008£82,967 £1,091 12
2007£99,698 £1,466 29
2006£103,095 £1,544 38
2005£73,851 £1,131 13
2004£63,988 £1,109 12
2003£41,700 £634 11
2002£34,757 £511 14
2001£24,986 £385 7
2000£25,167 £372 9
1999£21,050 £279 6
1998£25,906 £401 8
1997£20,833 £323 9
1996£22,794 £316 8
1995£24,325 £354 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,621 £2,245 12
2023£180,958 £2,537 18
2022£174,594 £2,068 17
2021£151,778 £1,914 23
2020£137,088 £1,708 16
2019£155,210 £1,970 27
2018£145,094 £1,736 21
2017£141,133 £1,628 31
2016£129,024 £1,780 33
2015£124,678 £1,699 26
2014£122,923 £1,460 26
2013£110,947 £1,358 21
2012£120,586 £1,512 14
2011£114,000 £1,521 26
2010£117,773 £1,596 15
2009£103,994 £1,276 17
2008£115,963 £1,565 15
2007£138,027 £1,810 39
2006£125,337 £1,714 28
2005£118,486 £1,591 28
2004£117,127 £1,623 31
2003£83,104 £1,188 27
2002£71,112 £879 27
2001£61,262 £882 39
2000£54,571 £811 69
1999£43,525 £459 28
1998£42,728 £539 26
1997£47,802 £532 24
1996£49,169 £670 47
1995£42,138 £583 31
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,5002
2023£253,500 £2,800 6
2022£282,625 £2,972 8
2021£345,000 £2,717 1
2020£221,055 £2,436 5
2019£226,624 £2,250 4
2018£204,086 £2,359 11
2017£214,392 £2,228 8
2016£211,397 £2,199 18
2015£208,855 £2,124 11
2014£222,9752
2013£201,790 £2,154 5
2012£184,988 £1,854 4
2011£220,806 £2,050 8
2010£207,000 £1,784 1
2009£199,716 £2,055 9
2008£207,000 £1,971 1
2007£207,917 £1,791 12
2006£210,196 £1,812 12
2005£205,986 £1,983 7
2004£193,667 £1,903 9
2003£156,465 £1,493 16
2002£125,662 £1,206 12
2001£121,390 £1,064 48
2000£102,712 £930 47
1999£73,190 £847 5
1998£52,000 £852 1
1997£80,080 £777 10
1996£67,050 £825 18
1995£64,814 £760 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£102,450 £1,328 4
2023£57,675 £757 8
2022£423,5002
2021£148,81912
2020£101,806 £597 9
2019£627,667 £1,058 6
2018£206,697 £1,417 5
2017£131,093 £1,549 6
2016£11,220 £19 3
2014£86,4001
2013£56,2501

House Type in NE8 2RB area

The most common house types in the NE8 2RB postcode area are Semi-detached (81), Detached (48), and Terraced (9).

Total138
Semi-detached81
Detached48
Terraced9
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (68), and Owned: Owns outright (47).

Owned: Owns with a mortgage or loan68
Owned: Owns outright47
Social rented: Rents from council or Local Authority12
Private rented: Private landlord or letting agency8
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE8 2RB have 2 people in household (54), and 1 person in household (28).

2 people in household54
1 person in household28
3 people in household25
4 people in household24
5 people in household8
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0