Housing Market Analysis for NE8 2TT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 2TT Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £95,746 median price is £96,000 Standard Deviation is £38,690 with Total Sold: 405
      • The Last 5 Year average price is £119,539 with Total Sold: 69
      • 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)
    • Terraced
      • The average price is around £125,649 median price is £136,000 Standard Deviation is £46,998 with Total Sold: 451
      • The Last 5 Year average price is £153,856 with Total Sold: 85
      • 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 £79,895 median price is £75,000 Standard Deviation is £42,586 with Total Sold: 317
      • The Last 5 Year average price is £100,328 with Total Sold: 41
      • 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 , 95 LOBLEY HILL ROAD: £13,000 (Sold on 16 Mar 1995)
    • Other
      • The average price is around £500,933 median price is £110,000 Standard Deviation is £1,127,350 with Total Sold: 37
      • The Last 5 Year average price is £584,779 with Total Sold: 24
      • 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 £139,220 median price is £141,250 Standard Deviation is £57,740 with Total Sold: 142
      • The Last 5 Year average price is £197,300 with Total Sold: 20
      • 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 , 25 HEATH CLOSE: £52,500 (Sold on 16 Nov 1995)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£148,000 £1,606 6
    2023£127,556 £1,829 9
    2022£116,811 £2,061 9
    2021£125,232 £1,815 19
    2020£105,088 £1,560 12
    2019£108,604 £1,647 14
    2018£109,050 £1,660 9
    2017£134,851 £1,731 23
    2016£118,678 £1,757 15
    2015£106,499 £1,531 12
    2014£98,263 £1,593 15
    2013£96,000 £1,455 4
    2012£88,667 £1,234 3
    2011£87,800 £1,360 10
    2010£93,050 £1,579 10
    2009£104,368 £1,865 10
    2008£119,162 £1,784 12
    2007£108,247 £1,870 18
    2006£116,906 £1,929 16
    2005£109,329 £1,710 39
    2004£98,582 £1,523 38
    2003£69,663 £1,107 28
    2002£56,197 £910 18
    2001£44,039 £696 9
    2000£40,211 £550 9
    1999£37,306 £568 9
    1998£27,0002
    1997£34,300 £480 8
    1996£46,588 £719 12
    1995£29,886 £487 7
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£168,600 £1,966 5
    2023£159,300 £2,252 6
    2022£176,559 £2,310 17
    2021£147,646 £2,061 24
    2020£143,921 £1,933 19
    2019£142,818 £1,901 14
    2018£140,321 £1,744 14
    2017£150,092 £1,978 23
    2016£146,206 £1,974 43
    2015£154,957 £1,888 44
    2014£120,150 £1,675 10
    2013£96,500 £1,308 4
    2012£116,825 £1,627 6
    2011£116,911 £1,505 12
    2010£125,585 £1,895 21
    2009£139,209 £2,003 15
    2008£134,774 £1,973 24
    2007£135,360 £1,876 42
    2006£120,360 £1,999 20
    2005£105,105 £1,534 14
    2004£82,740 £1,420 18
    2003£63,775 £1,154 20
    2002£39,822 £719 9
    2001£34,500 £492 2
    2000£26,460 £437 5
    1999£28,238 £539 4
    1998£28,400 £485 7
    1997£21,375 £477 4
    1996£27,250 £490 3
    1995£24,975 £599 2
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£103,333 £2,065 3
    2023£96,125 £1,544 8
    2022£92,421 £1,614 7
    2021£107,188 £1,796 8
    2020£109,938 £1,712 8
    2019£92,929 £1,545 7
    2018£87,864 £1,559 11
    2017£95,944 £1,597 9
    2016£76,798 £1,224 30
    2015£97,998 £1,597 13
    2014£71,265 £1,218 13
    2013£94,000 £1,941 1
    2012£100,000 £1,975 2
    2011£79,111 £1,412 9
    2010£134,781 £1,751 12
    2009£97,221 £1,801 9
    2008£108,154 £1,804 24
    2007£99,930 £1,878 34
    2006£100,577 £1,794 25
    2005£56,690 £859 15
    2004£54,163 £935 15
    2003£30,881 £506 16
    2002£29,250 £326 2
    2001£14,750 £280 4
    2000£14,950 £245 7
    1999£24,700 £420 3
    1998£17,500 £301 8
    1997£27,500 £461 3
    1996£18,158 £333 6
    1995£17,650 £347 5
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£119,9002
    2023£827,2006
    2022£780,0001
    2021£188,1949
    2020£1,837,250 £98 3
    2019£282,067 £1,030 3
    2018£178,171 £11 4
    2017£664,412 £1,973 5
    2016£161,2062
    2014£86,4001
    2013£56,2501
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£236,0001
    2023£196,500 £2,471 3
    2022£222,278 £2,412 9
    2021£150,000 £2,081 1
    2020£165,875 £2,136 4
    2019£153,250 £1,872 2
    2018£177,000 £2,302 3
    2017£202,031 £2,252 6
    2016£201,309 £2,152 16
    2015£181,112 £2,168 4
    2014£139,000 £1,800 2
    2013£163,500 £1,981 4
    2012£141,000 £1,478 3
    2011£135,680 £1,705 5
    2010£135,0001
    2009£156,500 £2,119 2
    2008£184,000 £1,944 2
    2007£152,983 £1,878 3
    2006£185,667 £2,037 3
    2005£137,139 £1,578 7
    2004£125,354 £1,585 14
    2003£105,280 £990 5
    2002£84,623 £974 15
    2000£77,833 £951 3
    1999£67,317 £837 3
    1997£81,088 £728 4
    1996£59,318 £758 14
    1995£56,133 £823 3

    House Type in NE8 2TT area

    The most common house types in the NE8 2TT postcode area are Flat (134), Semi-detached (26), and Shared house (7).

    Total176
    Flat134
    Semi-detached26
    Shared house7
    Detached4
    Terraced4
    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 (148), and Social rented: Other social rented (17).

    Social rented: Rents from council or Local Authority148
    Social rented: Other social rented17
    Private rented: Private landlord or letting agency6
    Owned: Owns outright3
    Owned: Owns with a mortgage or loan3
    Lives rent free2
    Does not apply0
    Shared ownership: Shared ownership0
    Private rented: Other private rented0

    Number of People in a Household

    The most houses in the NE8 2TT have 1 person in household (113), and 2 people in household (34).

    1 person in household113
    2 people in household34
    3 people in household14
    4 people in household9
    5 people in household4
    6 people in household3
    0 people in household0
    7 people in household0
    8 or more people in household0