Housing Market Analysis for NE8 2TZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £45,500 median price is £45,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE BUNGALOW, ESLINGTON PARK: £45,500 (Sold on 29 Jan 2003)
    • The first recorded sale happened at this postcode is THE BUNGALOW, ESLINGTON PARK: £45,500 (Sold on 29 Jan 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2TZ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£45,500 £576 1

All the Sales in the NE8 2TZ

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

AddressSold DatePrice% Change
THE BUNGALOW, ESLINGTON PARKDetached, FreeholdArea: 79 Sq.mtrAge: 1950-196629 Jan 2003£45,500First Sale

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

NE8 2TZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £101,499 median price is £99,995 Standard Deviation is £41,762 with Total Sold: 565
    • The Last 5 Year average price is £138,728 with Total Sold: 81
    • 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 £123,500 median price is £134,995 Standard Deviation is £47,247 with Total Sold: 186
    • The Last 5 Year average price is £154,838 with Total Sold: 37
    • 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 , 4 KING STREET: £6,000 (Sold on 14 Aug 1997)
  • Detached
    • The average price is around £148,402 median price is £138,995 Standard Deviation is £64,832 with Total Sold: 355
    • The Last 5 Year average price is £227,695 with Total Sold: 36
    • The most recent sale happened at this postcode is , 2 GRAYLING ROAD: £315,000 (Sold on 26 Jul 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 £471,091 median price is £110,000 Standard Deviation is £1,089,465 with Total Sold: 40
    • The Last 5 Year average price is £546,294 with Total Sold: 26
    • 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)
  • Flat
    • The average price is around £56,521 median price is £55,250 Standard Deviation is £24,527 with Total Sold: 157
    • The Last 5 Year average price is £57,750 with Total Sold: 16
    • The most recent sale happened at this postcode is , 282 VICTORIA ROAD: £71,500 (Sold on 24 Nov 2023)
    • 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£168,875 £1,993 8
2023£156,250 £2,095 10
2022£126,205 £2,102 9
2021£130,047 £1,853 19
2020£134,590 £1,681 15
2019£134,892 £1,939 20
2018£121,405 £1,669 11
2017£137,243 £1,726 26
2016£129,225 £1,925 24
2015£116,029 £1,652 17
2014£110,633 £1,712 18
2013£112,750 £1,617 8
2012£112,560 £1,622 6
2011£113,281 £1,614 16
2010£104,338 £1,602 13
2009£111,153 £1,701 11
2008£111,731 £1,678 13
2007£125,827 £1,909 24
2006£126,048 £2,048 20
2005£111,652 £1,659 46
2004£105,562 £1,615 51
2003£77,575 £1,215 26
2002£62,722 £960 21
2001£58,448 £850 27
2000£57,670 £883 36
1999£53,450 £751 5
1998£40,075 £484 4
1997£55,575 £644 12
1996£54,046 £730 34
1995£49,233 £716 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£169,000 £1,136 2
2023£157,333 £2,004 3
2022£168,188 £2,151 8
2021£150,219 £2,034 16
2020£170,000 £2,253 2
2019£138,333 £1,712 6
2018£101,750 £1,679 2
2017£145,291 £1,941 15
2016£154,916 £2,105 24
2015£148,145 £1,925 24
2014£117,667 £1,196 3
2013£100,000 £1,346 2
2012£84,500 £1,421 2
2011£76,500 £1,012 2
2010£133,500 £1,818 2
2009£113,000 £1,736 1
2008£121,625 £1,682 4
2007£132,117 £1,468 12
2006£89,207 £1,345 7
2005£106,267 £1,560 13
2004£87,756 £1,386 13
2003£66,462 £1,236 12
2002£42,590 £620 5
2000£12,300 £231 1
1999£17,500 £292 1
1998£20,400 £155 2
1997£15,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,5002
2023£196,100 £2,573 5
2022£245,045 £2,573 11
2021£245,600 £2,346 5
2020£213,690 £2,125 8
2019£206,500 £2,108 5
2018£218,564 £2,284 7
2017£201,026 £2,236 7
2016£204,152 £2,155 19
2015£213,533 £2,054 12
2014£180,988 £1,800 4
2013£180,800 £1,981 5
2012£163,833 £1,695 6
2011£190,536 £1,882 11
2010£179,833 £1,774 3
2009£199,716 £2,055 9
2008£184,667 £1,845 3
2007£209,445 £1,820 10
2006£216,489 £2,044 9
2005£171,687 £1,842 13
2004£149,398 £1,685 20
2003£151,121 £1,466 19
2002£97,493 £1,027 22
2001£117,314 £1,045 36
2000£108,161 £922 42
1999£80,750 £797 8
1998£71,625 £852 4
1997£78,547 £749 19
1996£67,205 £825 19
1995£63,575 £756 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£119,9002
2023£709,771 £71 7
2022£780,0001
2021£169,87010
2020£1,417,938 £98 4
2019£422,500 £2,048 2
2018£215,371 £1,667 4
2017£801,765 £2,307 4
2016£107,937 £19 3
2015£105,0001
2014£86,4001
2013£56,2501
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£58,700 £859 5
2022£56,333 £815 3
2021£76,250 £961 2
2020£55,500 £906 2
2019£49,500 £800 4
2018£56,750 £912 4
2017£56,000 £994 4
2016£69,956 £1,042 24
2015£61,099 £940 5
2014£52,992 £758 6
2011£41,000 £885 3
2010£60,000 £1,061 1
2009£120,000 £1,877 1
2008£100,978 £1,530 9
2007£67,238 £1,033 12
2006£74,345 £1,210 10
2005£59,590 £905 15
2004£53,395 £891 10
2003£33,282 £510 11
2002£29,250 £326 2
2001£24,840 £403 5
2000£20,000 £283 3
1999£24,050 £384 2
1998£26,0002
1997£27,500 £461 3
1996£29,725 £305 4
1995£19,250 £344 5

House Type in NE8 2TZ area

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