Housing Market Analysis for CHESTNUT GARDENS, NE8 2TJ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £80,136 median price is £81,975 Standard Deviation is £27,642 with Total Sold: 14
    • The Last 5 Year average price is £102,988 with Total Sold: 4
    • The most recent sale happened at this postcode is 22 CHESTNUT GARDENS: £133,000 (Sold on 23 Aug 2022)
    • The first recorded sale happened at this postcode is 21 CHESTNUT GARDENS: £39,000 (Sold on 21 Dec 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2TJ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£133,000 £1,985 1
2021£81,000 £1,421 1
2019£98,975 £1,449 2
2014£60,500 £1,030 1
2012£70,000 £886 1
2008£88,0001
2007£89,475 £1,543 2
2006£120,000 £1,791 1
2004£66,000 £985 1
2003£46,000 £793 1
2002£41,500 £593 1
2001£39,0001

All the Sales in the CHESTNUT GARDENS, NE8 2TJ

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

AddressSold DatePrice% Change
22 CHESTNUT GARDENSSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1930-194923 Aug 2022£133,00020.91%
21 Jun 2019£110,000-8.33%
28 Feb 2006£120,00081.82%
04 Jun 2004£66,000First Sale
3 CHESTNUT GARDENSSemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1930-194923 Jun 2021£81,000First Sale
5 CHESTNUT GARDENSSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1930-194929 Nov 2019£87,950111.93%
27 Aug 2002£41,500First Sale
12 CHESTNUT GARDENSSemi-Detached, FreeholdArea: 58.72 Sq.mtrAge: 1930-194916 Oct 2014£60,500-27.06%
26 Feb 2007£82,950-13.59%
02 Feb 2007£96,000108.70%
17 Jan 2003£46,000First Sale
24 CHESTNUT GARDENSSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-194920 Dec 2012£70,000First Sale
20 CHESTNUT GARDENSSemi-Detached, Freehold15 Feb 2008£88,000First Sale
21 CHESTNUT GARDENSSemi-Detached, Freehold21 Dec 2001£39,000First Sale

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

CHESTNUT GARDENS, NE8 2TJ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £97,132 median price is £98,500 Standard Deviation is £38,480 with Total Sold: 452
    • The Last 5 Year average price is £124,675 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)
  • Terraced
    • The average price is around £98,008 median price is £95,000 Standard Deviation is £51,400 with Total Sold: 331
    • The Last 5 Year average price is £136,410 with Total Sold: 50
    • The most recent sale happened at this postcode is , 3 ROPERY ROAD: £213,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 71 DIXON STREET: £20,000 (Sold on 31 Mar 1995)
  • Flat
    • The average price is around £52,397 median price is £55,000 Standard Deviation is £25,809 with Total Sold: 451
    • The Last 5 Year average price is £61,594 with Total Sold: 48
    • The most recent sale happened at this postcode is , 10 SALTWELL PLACE: £83,000 (Sold on 05 Apr 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 £137,163 median price is £133,000 Standard Deviation is £60,688 with Total Sold: 201
    • The Last 5 Year average price is £205,394 with Total Sold: 28
    • 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 , 8 SWALLOW TAIL DRIVE: £66,950 (Sold on 15 Jun 1995)
  • Other
    • The average price is around £546,696 median price is £88,334 Standard Deviation is £1,281,666 with Total Sold: 28
    • The Last 5 Year average price is £747,223 with Total Sold: 15
    • 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 , METHODIST CHURCH AND SUNDAY SCHOOL VICTORIA ROAD: £105,000 (Sold on 22 May 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£155,167 £1,993 6
2023£139,556 £1,764 9
2022£126,080 £1,972 10
2021£130,047 £1,853 19
2020£100,683 £1,413 12
2019£116,141 £1,696 17
2018£109,145 £1,597 10
2017£134,892 £1,669 25
2016£126,012 £1,834 15
2015£100,968 £1,442 16
2014£103,763 £1,664 15
2013£97,667 £1,412 6
2012£96,292 £1,299 6
2011£84,942 £1,281 12
2010£90,950 £1,371 12
2009£111,823 £1,701 12
2008£107,988 £1,515 16
2007£114,448 £1,585 20
2006£111,854 £1,866 14
2005£109,962 £1,647 44
2004£98,135 £1,487 42
2003£71,163 £1,139 27
2002£55,994 £823 22
2001£48,785 £698 13
2000£43,350 £483 7
1999£45,625 £692 6
1998£45,008 £518 6
1997£43,606 £446 8
1996£44,914 £685 14
1995£45,930 £704 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,000 £1,136 3
2023£118,000 £1,500 6
2022£142,227 £1,934 11
2021£148,028 £1,921 18
2020£125,875 £1,612 4
2019£124,500 £1,535 8
2018£89,375 £1,339 4
2017£132,177 £1,763 19
2016£134,550 £1,713 40
2015£139,129 £1,785 27
2014£112,000 £1,170 4
2013£97,500 £1,430 5
2012£73,000 £991 4
2011£92,625 £1,106 4
2010£82,500 £1,139 7
2009£113,000 £1,736 1
2008£101,182 £1,264 11
2007£123,911 £1,586 18
2006£88,041 £1,314 11
2005£105,557 £1,563 17
2004£73,835 £1,173 32
2003£53,520 £890 28
2002£37,200 £516 12
2001£35,493 £448 7
2000£21,600 £278 8
1999£21,000 £271 8
1998£23,262 £317 4
1997£20,429 £320 7
1996£33,000 £579 1
1995£26,050 £338 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£83,000 £1,203 1
2023£64,397 £1,061 17
2022£59,958 £932 12
2021£67,321 £1,013 7
2020£53,750 £871 6
2019£53,100 £851 5
2018£74,500 £1,020 9
2017£53,333 £890 9
2016£69,189 £997 31
2015£64,888 £938 9
2014£53,041 £798 11
2013£60,000 £822 1
2012£65,667 £1,012 3
2011£49,786 £843 7
2010£66,850 £1,123 6
2009£72,571 £1,356 7
2008£86,050 £1,277 16
2007£75,685 £1,201 43
2006£70,143 £1,129 30
2005£59,933 £933 45
2004£50,548 £800 46
2003£36,159 £534 33
2002£21,968 £338 17
2001£18,864 £295 14
2000£15,327 £237 11
1999£16,910 £249 10
1998£14,928 £220 18
1997£21,312 £346 8
1996£14,993 £240 7
1995£18,908 £328 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,0001
2023£196,100 £2,573 5
2022£222,278 £2,412 9
2021£220,750 £2,254 4
2020£191,921 £2,046 6
2019£166,500 £1,979 3
2018£177,000 £2,302 3
2017£202,031 £2,252 6
2016£201,232 £2,139 17
2015£201,575 £1,984 6
2014£139,000 £1,800 2
2013£163,500 £1,981 4
2012£150,750 £1,570 4
2011£135,680 £1,705 5
2010£180,167 £1,763 3
2009£155,998 £2,016 3
2008£184,667 £1,845 3
2007£169,890 £1,777 5
2006£193,000 £2,037 4
2005£153,548 £1,709 10
2004£125,354 £1,585 14
2003£121,050 £1,190 7
2002£90,676 £993 19
2001£80,475 £873 2
2000£85,417 £855 6
1999£80,062 £845 8
1998£64,375 £852 4
1997£76,836 £710 11
1996£66,094 £788 16
1995£64,814 £760 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£837,500 £1,065 6
2022£83,033 £1,310 3
2021£65,000 £929 2
2020£1,878,083 £98 3
2019£170,000 £2,048 1
2018£100,556 £1,044 3
2017£657,612 £2,263 5
2016£101,103 £686 4
2015£105,0001

House Type in NE8 2TJ area

The most common house types in the NE8 2TJ postcode area are Semi-detached (86), Flat (24), and Terraced (7).

Total123
Semi-detached86
Flat24
Terraced7
Detached3
Shared house2
commercial building1
converted 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 (77), and Owned: Owns with a mortgage or loan (17).

Social rented: Rents from council or Local Authority77
Owned: Owns with a mortgage or loan17
Owned: Owns outright13
Social rented: Other social rented4
Private rented: Private landlord or letting agency4
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE8 2TJ have 2 people in household (37), and 1 person in household (36).

2 people in household37
1 person in household36
3 people in household27
4 people in household13
5 people in household4
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0