Housing Market Analysis for FIRST STREET, NE8 2US

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £150,300 median price is £190,000 Standard Deviation is £61,042 with Total Sold: 5
    • The most recent sale happened at this postcode is 7 FIRST STREET: £208,000 (Sold on 30 Apr 2010)
    • The first recorded sale happened at this postcode is 3 FIRST STREET: £64,000 (Sold on 17 Jul 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2US 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
2010£208,0001
2007£195,250 £1,473 2
2002£89,000 £724 1
1997£64,000 £717 1

All the Sales in the FIRST STREET, NE8 2US

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

AddressSold DatePrice% Change
7 FIRST STREETDetached, Freehold30 Apr 2010£208,0003.74%
22 Jun 2007£200,500First Sale
11 FIRST STREETDetached, FreeholdArea: 129 Sq.mtrAge: 1983-199010 Dec 2007£190,000First Sale
9 FIRST STREETDetached, FreeholdArea: 123 Sq.mtrAge: 1991-199518 Jan 2002£89,000First Sale
3 FIRST STREETDetached, FreeholdArea: 89.3 Sq.mtrAge: 1991-199517 Jul 1997£64,000First Sale

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

FIRST STREET, NE8 2US Near By properties

Interactive Map

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

  • Flat
    • The average price is around £51,704 median price is £53,000 Standard Deviation is £28,394 with Total Sold: 2,119
    • The Last 5 Year average price is £69,505 with Total Sold: 185
    • The most recent sale happened at this postcode is , 74 WINDMILL WAY: £71,500 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 24 BALFOUR STREET: £16,000 (Sold on 04 Jan 1995)
  • Terraced
    • The average price is around £97,795 median price is £85,000 Standard Deviation is £61,209 with Total Sold: 1,125
    • The Last 5 Year average price is £139,893 with Total Sold: 163
    • 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 , 71 DIXON STREET: £20,000 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £100,504 median price is £95,000 Standard Deviation is £48,522 with Total Sold: 306
    • The Last 5 Year average price is £142,544 with Total Sold: 60
    • The most recent sale happened at this postcode is , 10 ALMOND CRESCENT: £136,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 49 WINDERMERE STREET WEST: £64,500 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £137,445 median price is £133,998 Standard Deviation is £64,486 with Total Sold: 156
    • The Last 5 Year average price is £206,012 with Total Sold: 32
    • The most recent sale happened at this postcode is , 11 BARRINGTON PLACE: £350,000 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is , 32 SOUTH HILL ROAD: £59,950 (Sold on 25 Aug 1995)
  • Other
    • The average price is around £337,313 median price is £90,000 Standard Deviation is £1,116,005 with Total Sold: 91
    • The Last 5 Year average price is £422,452 with Total Sold: 59
    • The most recent sale happened at this postcode is , 2A RECTORY PLACE: £60,000 (Sold on 01 Feb 2024)
    • 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£72,444 £1,009 9
2023£71,542 £1,107 42
2022£69,239 £1,052 48
2021£74,994 £1,049 40
2020£59,766 £874 16
2019£64,072 £892 30
2018£69,391 £980 37
2017£67,544 £951 51
2016£66,944 £979 49
2015£63,356 £908 38
2014£61,715 £888 49
2013£63,261 £890 18
2012£62,000 £907 18
2011£61,862 £949 32
2010£67,760 £1,100 30
2009£68,161 £1,160 28
2008£82,511 £1,214 74
2007£79,116 £1,212 161
2006£70,850 £1,066 138
2005£63,083 £940 210
2004£54,491 £821 238
2003£33,722 £519 189
2002£33,316 £609 137
2001£20,293 £331 85
2000£17,190 £250 67
1999£15,509 £224 62
1998£17,224 £232 62
1997£17,537 £271 54
1996£19,601 £272 49
1995£20,946 £311 58
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£176,829 £1,339 19
2023£138,659 £1,349 31
2022£149,717 £1,295 32
2021£134,076 £1,379 33
2020£128,764 £1,223 17
2019£120,643 £1,099 31
2018£135,734 £1,304 31
2017£141,996 £1,279 40
2016£136,417 £1,347 85
2015£116,694 £1,076 22
2014£126,136 £1,074 25
2013£104,724 £1,121 19
2012£124,846 £991 13
2011£108,239 £999 28
2010£134,377 £1,155 33
2009£106,917 £1,064 12
2008£112,797 £1,056 40
2007£120,231 £1,319 50
2006£112,102 £1,254 49
2005£111,063 £1,180 76
2004£93,447 £1,172 117
2003£56,030 £756 74
2002£37,900 £429 69
2001£32,602 £400 35
2000£33,564 £310 36
1999£28,647 £325 27
1998£31,094 £321 29
1997£28,476 £243 25
1996£27,969 £329 20
1995£29,293 £274 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£144,400 £1,314 3
2023£196,000 £1,691 6
2022£125,200 £1,848 9
2021£150,643 £1,576 21
2020£148,518 £1,556 12
2019£96,772 £1,429 9
2018£103,900 £1,502 5
2017£101,946 £1,527 11
2016£98,083 £1,668 6
2015£86,500 £1,195 5
2014£107,278 £1,630 9
2013£92,000 £1,319 5
2012£97,688 £1,170 4
2011£84,936 £1,239 11
2010£99,000 £1,427 8
2009£108,042 £1,599 9
2008£107,485 £1,515 13
2007£118,386 £1,324 14
2006£144,223 £1,642 11
2005£114,543 £1,552 25
2004£95,422 £1,354 37
2003£68,889 £1,076 24
2002£59,739 £869 18
2001£43,790 £621 5
2000£38,619 £272 8
1999£30,000 £458 2
1998£52,500 £426 3
1997£37,000 £393 5
1996£39,250 £390 5
1995£44,667 £654 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,000 £2,823 1
2023£211,125 £1,993 4
2022£203,188 £2,125 8
2021£204,963 £1,742 15
2020£171,998 £1,842 2
2019£176,975 £2,051 2
2018£180,000 £1,256 2
2017£219,317 £1,960 3
2016£185,000 £1,915 3
2015£215,000 £1,853 1
2013£167,333 £1,636 3
2012£156,500 £1,539 2
2011£128,750 £1,443 4
2010£155,500 £2,012 4
2009£175,0001
2008£165,500 £1,917 2
2007£188,075 £1,730 6
2006£136,667 £1,410 6
2005£150,130 £1,619 11
2004£150,429 £1,508 16
2003£97,855 £961 11
2002£87,131 £901 18
2001£77,667 £670 3
2000£65,8333
1999£66,6905
1998£62,269 £625 8
1997£58,983 £717 3
1996£56,157 £546 7
1995£59,725 £708 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£99,000 £2,190 2
2023£479,246 £2,238 14
2022£120,696 £1,555 12
2021£93,395 £1,346 11
2020£1,123,577 £14,860 13
2019£133,571 £951 7
2018£85,771 £1,174 8
2017£308,192 £1,421 13
2016£95,907 £1,269 9
2015£105,0001
2014£110,000 £1,618 1

House Type in NE8 2US area

The most common house types in the NE8 2US postcode area are Detached (71), Terraced (42), and Semi-detached (12).

Total125
Detached71
Terraced42
Semi-detached12
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (50), and Owned: Owns with a mortgage or loan (32).

Social rented: Other social rented50
Owned: Owns with a mortgage or loan32
Owned: Owns outright31
Private rented: Private landlord or letting agency8
Social rented: Rents from council or Local Authority4
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE8 2US have 2 people in household (42), and 1 person in household (30).

2 people in household42
1 person in household30
3 people in household30
4 people in household17
5 people in household3
6 people in household3
8 or more people in household2
0 people in household0
7 people in household0