Housing Market Analysis for NE8 2RG

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 2RG Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £124,643 median price is £136,995 Standard Deviation is £51,124 with Total Sold: 813
      • The Last 5 Year average price is £155,521 with Total Sold: 179
      • 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 £84,854 median price is £86,250 Standard Deviation is £40,512 with Total Sold: 502
      • The Last 5 Year average price is £100,298 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 £111,132 median price is £115,500 Standard Deviation is £45,696 with Total Sold: 549
      • The Last 5 Year average price is £154,074 with Total Sold: 85
      • 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 £164,352 median price is £85,000 Standard Deviation is £359,328 with Total Sold: 67
      • The Last 5 Year average price is £176,695 with Total Sold: 51
      • 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)
    • Detached
      • The average price is around £163,058 median price is £180,000 Standard Deviation is £71,391 with Total Sold: 95
      • The Last 5 Year average price is £232,607 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£154,387 £1,884 13
    2023£149,888 £2,007 26
    2022£174,395 £2,278 31
    2021£148,637 £1,947 39
    2020£158,441 £2,015 28
    2019£149,876 £1,946 42
    2018£158,064 £1,907 48
    2017£136,152 £1,696 37
    2016£144,132 £1,856 55
    2015£155,536 £1,930 63
    2014£143,442 £1,884 48
    2013£151,199 £1,592 37
    2012£138,782 £1,694 24
    2011£114,771 £1,507 15
    2010£123,355 £1,799 26
    2009£117,154 £1,419 20
    2008£128,111 £1,786 28
    2007£130,719 £1,829 39
    2006£100,178 £1,300 25
    2005£92,498 £1,326 21
    2004£80,271 £1,249 14
    2003£63,978 £872 23
    2002£50,704 £527 12
    2001£44,297 £526 20
    2000£35,233 £453 15
    1999£38,195 £569 10
    1998£35,667 £502 24
    1997£36,845 £385 10
    1996£37,171 £467 12
    1995£32,594 £530 8
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£105,150 £1,884 10
    2023£107,115 £1,578 13
    2022£94,033 £1,492 15
    2021£91,875 £1,475 16
    2020£100,062 £1,493 16
    2019£112,216 £1,845 8
    2018£124,032 £1,814 14
    2017£90,750 £1,459 15
    2016£96,780 £1,654 20
    2015£88,065 £1,484 31
    2014£95,000 £1,623 15
    2013£107,035 £1,757 11
    2012£96,428 £1,589 22
    2011£104,995 £1,460 12
    2010£122,302 £1,645 16
    2009£86,562 £1,289 12
    2008£100,933 £1,607 26
    2007£104,522 £1,813 56
    2006£104,628 £1,596 44
    2005£73,721 £1,150 15
    2004£67,887 £948 15
    2003£43,416 £670 16
    2002£36,854 £530 13
    2001£24,014 £394 11
    2000£25,541 £392 11
    1999£21,917 £318 9
    1998£24,694 £381 9
    1997£21,600 £385 12
    1996£18,981 £321 8
    1995£25,114 £373 11
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£164,6254
    2023£176,621 £2,231 12
    2022£193,554 £2,235 10
    2021£151,698 £1,834 20
    2020£131,260 £1,768 20
    2019£143,349 £1,809 19
    2018£154,568 £1,748 21
    2017£142,032 £1,695 24
    2016£138,856 £1,932 18
    2015£124,739 £1,664 28
    2014£121,268 £1,468 20
    2013£127,600 £1,463 14
    2012£121,710 £1,555 14
    2011£125,224 £1,606 20
    2010£121,772 £1,739 9
    2009£110,161 £1,495 9
    2008£134,667 £1,851 12
    2007£135,554 £1,924 33
    2006£123,995 £1,726 19
    2005£112,843 £1,688 37
    2004£114,075 £1,679 25
    2003£82,879 £1,117 14
    2002£73,736 £1,004 14
    2001£57,972 £796 28
    2000£57,845 £871 52
    1999£44,427 £550 11
    1998£52,994 £626 8
    1997£47,232 £718 14
    1996£45,950 £953 8
    1995£43,617 £552 12
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£105,560 £1,572 5
    2023£75,775 £985 8
    2022£332,333 £1,304 3
    2021£143,073 £571 13
    2020£96,994 £451 8
    2019£303,183 £225 14
    2018£167,447 £842 6
    2017£136,760 £1,565 6
    2016£16,1302
    2014£86,4001
    2013£56,2501
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£236,0001
    2023£273,000 £2,900 2
    2022£253,200 £2,792 5
    2021£262,500 £2,081 2
    2020£175,250 £2,071 2
    2019£166,498 £2,097 2
    2018£189,749 £2,518 4
    2017£202,031 £2,252 6
    2016£208,263 £2,192 15
    2015£192,500 £1,873 5
    2014£158,000 £1,800 3
    2012£110,000 £1,357 1
    2011£147,472 £1,684 2
    2007£209,200 £1,592 5
    2006£161,492 £1,502 6
    2005£170,998 £1,337 2
    2004£129,496 £1,628 4
    2003£151,833 £811 3
    2002£131,667 £684 3
    2001£80,332 £729 3
    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 2RG area

    The most common house types in the NE8 2RG postcode area are Flat (129), Terraced (43), and Semi-detached (28).

    Total225
    Flat129
    Terraced43
    Semi-detached28
    Detached23
    converted building1
    commercial building1
    Shared house0
    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 (110), and Owned: Owns with a mortgage or loan (78).

    Social rented: Rents from council or Local Authority110
    Owned: Owns with a mortgage or loan78
    Social rented: Other social rented13
    Private rented: Private landlord or letting agency12
    Owned: Owns outright9
    Lives rent free3
    Does not apply0
    Shared ownership: Shared ownership0
    Private rented: Other private rented0

    Number of People in a Household

    The most houses in the NE8 2RG have 1 person in household (131), and 2 people in household (45).

    1 person in household131
    2 people in household45
    3 people in household26
    4 people in household20
    5 people in household3
    6 people in household1
    0 people in household0
    7 people in household0
    8 or more people in household0