Housing Market Analysis for NE8 2RF

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 2RF Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £128,012 median price is £136,998 Standard Deviation is £49,294 with Total Sold: 1,050
      • The Last 5 Year average price is £156,202 with Total Sold: 215
      • 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)
    • Semi-Detached
      • The average price is around £111,308 median price is £110,000 Standard Deviation is £45,620 with Total Sold: 417
      • The Last 5 Year average price is £139,580 with Total Sold: 72
      • 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)
    • Flat
      • The average price is around £102,144 median price is £108,500 Standard Deviation is £40,624 with Total Sold: 680
      • The Last 5 Year average price is £114,646 with Total Sold: 111
      • 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 , 44 SPOOR STREET: £27,000 (Sold on 24 Mar 1995)
    • Other
      • The average price is around £241,889 median price is £79,650 Standard Deviation is £562,993 with Total Sold: 44
      • The Last 5 Year average price is £206,207 with Total Sold: 31
      • 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 £157,760 median price is £160,000 Standard Deviation is £65,729 with Total Sold: 113
      • The Last 5 Year average price is £215,447 with Total Sold: 19
      • 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£152,710 £1,978 18
    2023£154,957 £2,092 30
    2022£175,871 £2,329 31
    2021£151,424 £1,961 48
    2020£157,205 £2,027 36
    2019£150,120 £1,959 52
    2018£156,609 £1,910 58
    2017£138,672 £1,715 41
    2016£142,739 £1,881 64
    2015£155,999 £1,896 75
    2014£147,954 £1,899 49
    2013£153,958 £1,651 39
    2012£137,125 £1,672 30
    2011£124,679 £1,601 26
    2010£122,062 £1,825 28
    2009£117,112 £1,633 23
    2008£127,088 £1,764 32
    2007£137,864 £1,817 69
    2006£117,074 £1,741 38
    2005£111,407 £1,553 33
    2004£122,731 £1,584 68
    2003£82,124 £1,023 38
    2002£68,102 £850 24
    2001£45,473 £555 19
    2000£35,068 £460 14
    1999£35,082 £602 11
    1998£36,231 £541 26
    1997£33,100 £409 10
    1996£34,738 £466 12
    1995£33,462 £544 8
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£145,167 £1,898 3
    2023£136,778 £2,033 9
    2022£156,044 £2,137 9
    2021£147,968 £1,883 17
    2020£126,797 £1,874 16
    2019£135,260 £1,805 18
    2018£155,101 £1,838 17
    2017£139,873 £1,706 19
    2016£129,265 £1,733 12
    2015£121,679 £1,687 15
    2014£105,764 £1,568 11
    2013£131,342 £1,630 7
    2012£128,799 £1,750 5
    2011£129,587 £1,579 13
    2010£118,290 £1,830 5
    2009£126,779 £1,846 7
    2008£131,314 £1,981 11
    2007£125,133 £1,926 26
    2006£129,161 £1,692 26
    2005£111,848 £1,706 44
    2004£102,733 £1,599 27
    2003£94,830 £1,305 20
    2002£78,104 £1,054 28
    2001£45,158 £745 6
    2000£37,706 £683 8
    1999£35,564 £568 11
    1998£27,0002
    1997£40,073 £699 13
    1996£37,5004
    1995£35,169 £508 8
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£120,896 £2,110 12
    2023£121,603 £2,056 19
    2022£111,239 £1,861 19
    2021£113,273 £1,858 22
    2020£109,955 £1,719 19
    2019£113,489 £1,976 20
    2018£121,306 £1,918 26
    2017£103,022 £1,754 20
    2016£104,350 £1,853 26
    2015£95,891 £1,660 32
    2014£99,800 £1,692 15
    2013£115,429 £1,834 15
    2012£100,495 £1,733 19
    2011£108,219 £1,704 18
    2010£123,114 £1,666 16
    2009£91,399 £1,462 15
    2008£112,031 £1,806 27
    2007£106,078 £1,937 49
    2006£122,219 £2,096 51
    2005£128,153 £2,095 102
    2004£90,897 £1,443 36
    2003£67,244 £1,148 24
    2002£63,095 £916 28
    2001£20,779 £338 7
    2000£24,244 £373 8
    1999£18,433 £279 3
    1998£27,406 £426 8
    1997£20,717 £382 9
    1996£19,093 £335 7
    1995£24,406 £358 8
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£96,000 £1,572 3
    2023£80,667 £1,582 3
    2022£108,500 £1,304 2
    2021£148,733 £461 6
    2020£114,612 £55 4
    2019£330,351 £292 13
    2018£191,971 £680 4
    2017£492,937 £1,565 7
    2016£16,1302
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£236,0001
    2023£214,750 £2,564 2
    2022£227,562 £2,528 8
    2021£256,667 £2,291 3
    2020£175,250 £2,071 2
    2019£162,332 £1,982 3
    2018£180,249 £2,281 4
    2017£202,031 £2,252 6
    2016£205,063 £2,166 15
    2015£180,125 £1,906 4
    2014£139,000 £1,800 2
    2012£110,000 £1,357 1
    2011£139,982 £1,596 3
    2010£154,000 £1,466 2
    2009£160,000 £1,356 1
    2008£161,000 £1,917 1
    2007£181,681 £1,630 8
    2006£130,000 £1,790 6
    2005£131,195 £1,591 5
    2004£127,596 £1,576 10
    2003£137,612 £1,119 4
    2002£115,265 £978 10
    2001£91,300 £982 3
    2000£65,0001
    1999£55,467 £618 3
    1998£54,000 £1,125 1
    1997£59,0001
    1996£25,000 £500 2
    1995£30,000 £219 1

    House Type in NE8 2RF area

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