Housing Market Analysis for VICTORIA ROAD, NE8 2TA

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

Overview of Sold House prices

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

Flat
- The average price is around £50,125 median price is £54,500 Standard Deviation is £21,955 with Total Sold: 24
- The Last 5 Year average price is £67,667 with Total Sold: 3
- The most recent sale happened at this postcode is 280 VICTORIA ROAD: £71,500 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is 260 VICTORIA ROAD: £28,000 (Sold on 02 Dec 1997)
Terraced
- The average price is around £79,527 median price is £77,950 Standard Deviation is £27,608 with Total Sold: 11
- The Last 5 Year average price is £115,000 with Total Sold: 1
- The most recent sale happened at this postcode is 207 VICTORIA ROAD: £115,000 (Sold on 12 Nov 2021)
- The first recorded sale happened at this postcode is 286 VICTORIA ROAD: £25,000 (Sold on 23 Aug 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2TA 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£71,500		2
2019	£60,000	£909	1
2018	£53,167	£835	3
2016	£52,750	£834	4
2015	£54,000	£818	1
2011	£18,000		1
2008	£83,000	£1,237	2
2005	£66,333	£1,038	3
2004	£71,000	£1,130	1
2003	£18,250	£363	4
2002	£20,500	£326	1
1997	£28,000	£459	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£115,000	£2,054	1
2012	£77,000	£1,400	1
2011	£78,000	£1,279	1
2009	£113,000	£1,736	1
2007	£37,500	£682	1
2005	£113,500	£1,743	1
2003	£78,950	£1,368	4
2002	£25,000	£397	1

All the Sales in the VICTORIA ROAD, NE8 2TA

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

Address	Sold Date	Price	% Change
280 VICTORIA ROADFlat, Leasehold	24 Nov 2023	£71,500	First Sale
282 VICTORIA ROADFlat, Freehold	24 Nov 2023	£71,500	First Sale
207 VICTORIA ROADTerraced, FreeholdArea: 56 Sq.mtrAge: 2003-2006	12 Nov 2021	£115,000	47.53%
	24 Oct 2003	£77,950	First Sale
288 VICTORIA ROADFlat, LeaseholdArea: 66 Sq.mtrAge: 1900-1929	10 Sep 2019	£60,000	11.11%
	05 Aug 2015	£54,000	260.00%
	04 Feb 2003	£15,000	First Sale
201 VICTORIA ROADFlat, FreeholdArea: 64 Sq.mtrAge: 1900-1929	30 Oct 2018	£66,500	26.67%
	20 Apr 2016	£52,500	First Sale
272 VICTORIA ROADFlat, FreeholdArea: 62.85 Sq.mtrAge: 1900-1929	28 Jun 2018	£46,500	-31.62%
	20 May 2005	£68,000	-4.23%
	22 Oct 2004	£71,000	246.34%
	01 May 2002	£20,500	First Sale
274 VICTORIA ROADFlat, LeaseholdArea: 64 Sq.mtrAge: 1900-1929	28 Jun 2018	£46,500	-31.62%
	20 May 2005	£68,000	142.86%
	21 Aug 2003	£28,000	First Sale
270 VICTORIA ROADFlat, LeaseholdArea: 53 Sq.mtrAge: 1900-1929	31 Aug 2016	£55,000	First Sale
268 VICTORIA ROADFlat, LeaseholdArea: 90 Sq.mtrAge: 1900-1929	31 Aug 2016	£55,000	First Sale
199 VICTORIA ROADFlat, LeaseholdArea: 56 Sq.mtrAge: 1900-1929	20 Apr 2016	£48,500	First Sale
209 VICTORIA ROADTerraced, FreeholdArea: 55 Sq.mtrAge: 2003-2006	30 Nov 2012	£77,000	-1.22%
	31 Oct 2003	£77,950	First Sale
266 VICTORIA ROADTerraced, FreeholdArea: 61 Sq.mtrAge: 1900-1929	01 Jul 2011	£78,000	First Sale
181 VICTORIA ROADFlat, Leasehold	13 May 2011	£18,000	First Sale
211 VICTORIA ROADTerraced, FreeholdArea: 65.1 Sq.mtrAge: 2003-2006	27 Nov 2009	£113,000	-0.44%
	03 Jun 2005	£113,500	30.53%
	28 Nov 2003	£86,950	First Sale
278 VICTORIA ROADFlat, FreeholdArea: 65.31 Sq.mtrAge: 1900-1929	25 Jul 2008	£83,000	First Sale
276 VICTORIA ROADFlat, LeaseholdArea: 69 Sq.mtrAge: 1900-1929	25 Jul 2008	£83,000	First Sale
213 VICTORIA ROADTerraced, FreeholdArea: 55 Sq.mtrAge: 2003-2006	04 Jun 2007	£37,500	-48.59%
	28 Nov 2003	£72,950	First Sale
193 VICTORIA ROADFlat, LeaseholdArea: 65 Sq.mtrAge: 1900-1929	15 Aug 2005	£63,000	First Sale
179 VICTORIA ROADFlat, Leasehold	23 May 2003	£5,000	First Sale
290 VICTORIA ROADFlat, FreeholdArea: 59 Sq.mtrAge: 1900-1929	24 Jan 2003	£25,000	First Sale
286 VICTORIA ROADTerraced, FreeholdArea: 63 Sq.mtrAge: 1900-1929	23 Aug 2002	£25,000	First Sale
260 VICTORIA ROADFlat, LeaseholdArea: 61 Sq.mtrAge: 1900-1929	02 Dec 1997	£28,000	First Sale

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

VICTORIA ROAD, NE8 2TA Near By properties

Interactive Map

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

Terraced
- The average price is around £90,815 median price is £87,000 Standard Deviation is £50,418 with Total Sold: 617
- The Last 5 Year average price is £127,441 with Total Sold: 92
- The most recent sale happened at this postcode is , 251 WHITEHALL ROAD: £150,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 7 TELFORD STREET: £23,500 (Sold on 17 Feb 1995)
Semi-Detached
- The average price is around £95,949 median price is £94,975 Standard Deviation is £39,467 with Total Sold: 412
- The Last 5 Year average price is £131,174 with Total Sold: 73
- 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 , 3 WALNUT GARDENS: £21,000 (Sold on 28 Feb 1995)
Flat
- The average price is around £48,777 median price is £50,000 Standard Deviation is £26,474 with Total Sold: 1,058
- The Last 5 Year average price is £62,433 with Total Sold: 94
- The most recent sale happened at this postcode is , 321 WHITEHALL ROAD: £79,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 5 TREVETHICK STREET: £17,750 (Sold on 06 Jan 1995)
Detached
- The average price is around £116,919 median price is £99,950 Standard Deviation is £53,368 with Total Sold: 215
- The Last 5 Year average price is £189,961 with Total Sold: 20
- The most recent sale happened at this postcode is , 2 HERITAGE CLOSE: £164,500 (Sold on 16 Nov 2023)
- The first recorded sale happened at this postcode is , 4 ARGUS CLOSE: £66,425 (Sold on 24 Jan 1995)
Other
- The average price is around £308,945 median price is £75,000 Standard Deviation is £949,498 with Total Sold: 48
- The Last 5 Year average price is £407,108 with Total Sold: 33
- The most recent sale happened at this postcode is , ROSEWOOD HOUSE, 7 KYLE ROAD: £4,100,000 (Sold on 02 Oct 2023)
- The first recorded sale happened at this postcode is , 20 - 22 SALTWELL STREET: £110,000 (Sold on 07 Oct 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£131,389	£1,489	9
2023	£126,795	£1,326	22
2022	£135,735	£1,599	17
2021	£124,605	£1,448	20
2020	£136,498	£1,299	12
2019	£109,583	£1,161	12
2018	£133,676	£1,388	34
2017	£124,900	£1,325	25
2016	£138,606	£1,485	75
2015	£120,039	£1,409	19
2014	£104,375	£983	12
2013	£98,300	£1,183	11
2012	£94,119	£1,000	8
2011	£88,536	£999	7
2010	£88,071	£1,016	14
2009	£87,667	£1,057	6
2008	£87,734	£975	24
2007	£103,626	£1,329	23
2006	£98,319	£1,293	22
2005	£88,541	£1,191	17
2004	£75,441	£1,165	57
2003	£51,560	£780	47
2002	£33,275	£466	34
2001	£30,456	£383	21
2000	£29,499	£274	18
1999	£25,275	£334	15
1998	£29,400	£285	12
1997	£21,882	£286	11
1996	£25,429	£336	8
1995	£28,120	£262	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£155,167	£1,993	6
2023	£137,000	£1,752	8
2022	£132,436	£1,977	11
2021	£132,416	£1,789	19
2020	£127,441	£1,535	14
2019	£119,457	£1,771	15
2018	£102,681	£1,509	8
2017	£119,369	£1,599	16
2016	£131,178	£1,929	15
2015	£93,964	£1,358	14
2014	£98,170	£1,632	12
2013	£97,667	£1,412	6
2012	£87,125	£1,138	6
2011	£86,300	£1,323	11
2010	£94,540	£1,498	10
2009	£111,823	£1,701	12
2008	£104,862	£1,515	16
2007	£112,374	£1,451	17
2006	£118,035	£2,032	13
2005	£111,157	£1,636	25
2004	£99,530	£1,494	39
2003	£75,129	£1,137	28
2002	£59,974	£869	26
2001	£47,308	£698	12
2000	£47,050	£772	9
1999	£46,625	£673	6
1998	£41,210	£412	5
1997	£43,264	£393	7
1996	£44,914	£685	14
1995	£46,902	£704	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£65,000	£1,042	6
2023	£64,740	£1,039	26
2022	£61,579	£952	19
2021	£65,288	£1,025	20
2020	£57,363	£889	11
2019	£57,392	£905	12
2018	£65,434	£913	16
2017	£60,174	£847	22
2016	£66,156	£974	36
2015	£62,213	£865	19
2014	£53,835	£810	23
2013	£60,075	£866	6
2012	£53,845	£804	10
2011	£50,925	£828	14
2010	£71,071	£1,161	12
2009	£70,200	£1,267	10
2008	£81,693	£1,181	38
2007	£74,544	£1,182	94
2006	£69,429	£1,035	74
2005	£58,196	£908	102
2004	£50,857	£768	126
2003	£31,953	£492	101
2002	£20,924	£343	64
2001	£17,911	£268	27
2000	£14,791	£232	33
1999	£15,270	£238	30
1998	£15,525	£223	36
1997	£17,318	£281	27
1996	£15,664	£235	18
1995	£19,244	£293	26

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£178,875	£2,455	4
2022	£200,786	£2,246	7
2021	£265,000	£2,284	1
2020	£169,067	£2,167	4
2019	£184,238	£2,099	4
2018	£161,667	£2,005	3
2017	£173,982	£1,741	3
2016	£168,333	£1,924	3
2015	£199,790	£2,124	5
2013	£168,500	£1,861	6
2012	£164,333	£1,641	3
2011	£137,112	£1,715	4
2010	£170,667	£2,012	3
2009	£159,799	£1,959	5
2008	£181,000	£1,944	3
2007	£181,742	£1,868	6
2006	£170,000	£2,025	6
2005	£159,290	£1,870	12
2004	£130,319	£1,576	14
2003	£105,700	£1,154	12
2002	£92,948	£982	22
2001	£85,993	£869	7
2000	£70,375	£973	8
1999	£71,828	£845	9
1998	£62,515	£691	10
1997	£73,917	£711	9
1996	£63,409	£739	23
1995	£63,214	£764	19

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£581,195	£1,938	10
2022	£109,888	£1,193	8
2021	£85,650	£1,233	5
2020	£1,143,050	£416	5
2019	£120,000	£992	5
2018	£70,433	£781	5
2017	£123,500	£1,773	3
2016	£91,432	£708	5
2015	£105,000		1
2014	£110,000	£1,618	1

House Type in NE8 2TA area

The most common house types in the NE8 2TA postcode area are Semi-detached (65), Flat (21), and Terraced (14).

Total	119
Semi-detached	65
Flat	21
Terraced	14
Shared house	12
Detached	6
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (36), and Owned: Owns with a mortgage or loan (26).

Private rented: Private landlord or letting agency	36
Owned: Owns with a mortgage or loan	26
Social rented: Rents from council or Local Authority	26
Owned: Owns outright	24
Social rented: Other social rented	5
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE8 2TA have 2 people in household (41), and 1 person in household (35).

2 people in household	41
1 person in household	35
3 people in household	26
4 people in household	11
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0