Housing Market Analysis for NE8 2TY

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 2TY Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £96,840 median price is £96,000 Standard Deviation is £40,452 with Total Sold: 561
      • The Last 5 Year average price is £127,655 with Total Sold: 82
      • 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 £116,176 median price is £124,000 Standard Deviation is £49,229 with Total Sold: 309
      • The Last 5 Year average price is £148,763 with Total Sold: 58
      • 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)
    • Other
      • The average price is around £514,918 median price is £112,500 Standard Deviation is £1,139,730 with Total Sold: 36
      • The Last 5 Year average price is £584,935 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 £134,925 median price is £135,000 Standard Deviation is £58,948 with Total Sold: 201
      • The Last 5 Year average price is £198,371 with Total Sold: 25
      • 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)
    • Flat
      • The average price is around £64,821 median price is £60,000 Standard Deviation is £38,841 with Total Sold: 214
      • The Last 5 Year average price is £85,930 with Total Sold: 22
      • The most recent sale happened at this postcode is 5, MARCH COURTYARD ASH STREET: £100,000 (Sold on 12 Feb 2024)
      • The first recorded sale happened at this postcode is , 95 LOBLEY HILL ROAD: £13,000 (Sold on 16 Mar 1995)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£152,250 £1,962 8
    2023£142,731 £2,061 13
    2022£123,284 £2,123 10
    2021£125,232 £1,815 19
    2020£112,254 £1,647 14
    2019£122,800 £1,836 18
    2018£113,950 £1,623 11
    2017£135,695 £1,757 26
    2016£124,541 £1,898 22
    2015£113,187 £1,683 16
    2014£108,758 £1,689 19
    2013£112,750 £1,617 8
    2012£106,200 £1,551 5
    2011£100,700 £1,573 15
    2010£100,033 £1,654 12
    2009£104,368 £1,865 10
    2008£115,091 £1,703 16
    2007£120,531 £2,001 27
    2006£119,848 £1,991 20
    2005£113,278 £1,750 44
    2004£102,819 £1,611 49
    2003£72,718 £1,158 32
    2002£56,157 £899 23
    2001£56,408 £863 25
    2000£53,791 £812 38
    1999£40,386 £562 11
    1998£22,917 £154 3
    1997£42,438 £503 12
    1996£52,902 £722 20
    1995£40,345 £596 15
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£151,000 £1,742 3
    2023£157,160 £2,209 5
    2022£173,389 £2,127 9
    2021£150,524 £2,090 21
    2020£137,278 £2,111 9
    2019£130,223 £1,849 11
    2018£137,929 £1,665 7
    2017£148,330 £1,941 17
    2016£146,758 £2,049 31
    2015£146,249 £1,923 26
    2014£118,000 £1,627 7
    2013£100,000 £1,346 2
    2012£102,750 £1,576 4
    2011£110,642 £1,433 7
    2010£127,061 £1,853 8
    2009£135,448 £1,736 2
    2008£130,911 £1,873 18
    2007£129,839 £1,817 27
    2006£91,120 £1,724 10
    2005£105,105 £1,534 14
    2004£82,740 £1,420 18
    2003£63,361 £1,186 18
    2002£39,822 £719 9
    2001£34,500 £492 2
    2000£26,460 £437 5
    1999£28,238 £539 4
    1998£27,967 £485 6
    1997£21,375 £477 4
    1996£27,250 £490 3
    1995£24,975 £599 2
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£119,9002
    2023£827,2006
    2022£780,0001
    2021£169,87010
    2020£1,837,250 £98 3
    2019£422,500 £2,048 2
    2018£237,1613
    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£196,100 £2,573 5
    2022£222,278 £2,412 9
    2021£150,000 £2,081 1
    2020£168,555 £2,187 5
    2019£187,375 £2,109 4
    2018£177,000 £2,302 3
    2017£202,031 £2,252 6
    2016£201,608 £2,147 18
    2015£193,064 £2,036 7
    2014£158,000 £1,800 3
    2013£163,500 £1,981 4
    2012£150,750 £1,570 4
    2011£135,680 £1,705 5
    2010£135,0001
    2009£155,998 £2,016 3
    2008£184,000 £1,944 2
    2007£169,612 £1,777 4
    2006£193,800 £2,015 5
    2005£157,452 £1,769 11
    2004£127,997 £1,585 15
    2003£122,599 £1,329 9
    2002£90,381 £1,032 18
    2001£79,472 £685 2
    2000£78,307 £861 11
    1999£68,590 £800 5
    1998£52,000 £852 1
    1997£79,761 £777 9
    1996£62,155 £766 19
    1995£64,814 £760 11
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£100,000 £2,065 1
    2023£88,083 £1,174 6
    2022£69,738 £1,130 4
    2021£76,250 £961 2
    2020£108,875 £1,375 4
    2019£79,000 £1,159 5
    2018£56,750 £912 4
    2017£87,286 £1,477 7
    2016£69,955 £1,036 23
    2015£81,166 £1,056 6
    2014£63,994 £969 8
    2013£94,000 £1,941 1
    2011£54,500 £885 4
    2010£138,998 £1,693 7
    2009£77,417 £1,694 6
    2008£107,586 £1,724 18
    2007£66,775 £1,017 14
    2006£73,727 £1,270 13
    2005£58,256 £905 17
    2004£54,163 £935 15
    2003£31,793 £510 14
    2002£29,250 £326 2
    2001£19,312 £368 4
    2000£17,130 £283 5
    1999£24,700 £420 3
    1998£19,000 £394 7
    1997£27,500 £461 3
    1996£18,158 £333 6
    1995£17,650 £347 5

    House Type in NE8 2TY area

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