Housing Market Analysis for ELYSIUM LANE, NE8 2XL

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £117,500 median price is £117,500 Standard Deviation is £2,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 4A ELYSIUM LANE: £120,000 (Sold on 19 May 2004)
    • The first recorded sale happened at this postcode is 4 ELYSIUM LANE: £115,000 (Sold on 04 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 2XL 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
2004£120,0001
2003£115,0001

All the Sales in the ELYSIUM LANE, NE8 2XL

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

AddressSold DatePrice% Change
4A ELYSIUM LANESemi-Detached, Freehold19 May 2004£120,000First Sale
4 ELYSIUM LANESemi-Detached, Freehold04 Jul 2003£115,000First Sale

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

ELYSIUM LANE, NE8 2XL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £86,369 median price is £77,950 Standard Deviation is £52,435 with Total Sold: 1,070
    • The Last 5 Year average price is £129,628 with Total Sold: 151
    • 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 , 7 TELFORD STREET: £23,500 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £96,731 median price is £93,995 Standard Deviation is £45,772 with Total Sold: 367
    • The Last 5 Year average price is £141,044 with Total Sold: 81
    • 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)
  • Flat
    • The average price is around £50,454 median price is £52,500 Standard Deviation is £27,356 with Total Sold: 2,026
    • The Last 5 Year average price is £69,685 with Total Sold: 182
    • The most recent sale happened at this postcode is , 321 WHITEHALL ROAD: £79,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 24 BALFOUR STREET: £16,000 (Sold on 04 Jan 1995)
  • Other
    • The average price is around £329,414 median price is £98,500 Standard Deviation is £1,087,598 with Total Sold: 96
    • The Last 5 Year average price is £398,889 with Total Sold: 64
    • 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)
  • Detached
    • The average price is around £130,486 median price is £127,498 Standard Deviation is £58,263 with Total Sold: 142
    • The Last 5 Year average price is £197,496 with Total Sold: 28
    • The most recent sale happened at this postcode is , 12 DUNSMUIR GROVE: £270,000 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is , 32 SOUTH HILL ROAD: £59,950 (Sold on 25 Aug 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£163,250 £1,297 19
2023£134,689 £1,280 31
2022£131,885 £1,345 28
2021£118,587 £1,324 28
2020£123,683 £1,160 19
2019£112,825 £1,101 26
2018£130,849 £1,327 42
2017£124,252 £1,233 37
2016£131,847 £1,313 84
2015£93,363 £982 20
2014£101,569 £979 21
2013£101,253 £1,128 15
2012£115,003 £955 16
2011£94,922 £915 23
2010£117,768 £1,167 36
2009£91,218 £951 17
2008£89,348 £966 32
2007£114,140 £1,331 47
2006£96,012 £1,205 42
2005£87,780 £1,184 57
2004£72,625 £1,085 95
2003£52,821 £713 81
2002£34,629 £427 70
2001£31,340 £382 44
2000£30,910 £292 39
1999£26,956 £310 29
1998£29,867 £325 26
1997£28,398 £272 23
1996£30,140 £330 17
1995£28,425 £232 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£144,400 £1,314 3
2023£184,600 £1,730 10
2022£135,345 £1,888 11
2021£142,478 £1,529 25
2020£145,864 £1,608 21
2019£93,768 £1,341 11
2018£98,779 £1,403 7
2017£101,784 £1,510 12
2016£99,083 £1,612 6
2015£83,091 £1,122 11
2014£100,050 £1,510 11
2013£92,000 £1,319 5
2012£92,350 £1,142 5
2011£83,391 £1,272 11
2010£94,945 £1,324 11
2009£106,238 £1,599 10
2008£105,459 £1,480 17
2007£107,374 £1,358 17
2006£112,495 £1,715 11
2005£108,040 £1,579 23
2004£94,734 £1,384 37
2003£65,212 £1,001 28
2002£56,779 £847 21
2001£41,985 £584 10
2000£49,158 £483 6
1999£35,300 £519 5
1998£43,310 £412 5
1997£37,000 £393 5
1996£35,893 £390 7
1995£40,000 £654 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£65,000 £1,042 6
2023£73,821 £1,115 46
2022£71,033 £1,056 46
2021£73,244 £1,054 39
2020£59,897 £869 17
2019£62,664 £843 28
2018£66,292 £916 29
2017£66,968 £908 54
2016£65,229 £947 47
2015£61,287 £857 35
2014£61,133 £892 49
2013£61,856 £921 16
2012£56,608 £806 18
2011£59,331 £939 32
2010£63,943 £977 30
2009£66,392 £1,134 30
2008£80,561 £1,180 75
2007£77,264 £1,197 166
2006£69,377 £1,030 132
2005£60,977 £923 207
2004£52,367 £779 228
2003£32,727 £492 181
2002£22,712 £336 100
2001£17,660 £265 75
2000£17,412 £255 72
1999£14,910 £228 56
1998£16,866 £235 55
1997£16,625 £262 56
1996£17,491 £272 46
1995£20,299 £310 55
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£99,000 £2,190 2
2023£430,850 £2,088 17
2022£109,931 £1,438 13
2021£103,719 £1,443 13
2020£1,202,208 £16,384 12
2019£114,643 £953 7
2018£85,361 £1,142 6
2017£300,321 £1,453 14
2016£116,316 £1,269 10
2015£105,0001
2014£110,000 £1,618 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£198,167 £2,094 3
2022£200,786 £2,246 7
2021£202,282 £1,775 14
2020£171,998 £1,842 2
2019£176,975 £2,051 2
2018£150,000 £1,364 1
2017£173,982 £1,741 3
2016£152,500 £1,915 2
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£161,000 £1,917 1
2007£188,075 £1,730 6
2006£166,500 £1,792 4
2005£141,648 £1,686 10
2004£138,176 £1,557 14
2003£94,878 £1,066 9
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 in NE8 2XL area

The most common house types in the NE8 2XL postcode area are Flat (95), Shared house (15), and Semi-detached (13).

Total142
Flat95
Shared house15
Semi-detached13
Terraced13
commercial building5
converted building1
Detached0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (63), and Social rented: Other social rented (42).

Private rented: Private landlord or letting agency63
Social rented: Other social rented42
Owned: Owns outright11
Social rented: Rents from council or Local Authority11
Owned: Owns with a mortgage or loan9
Private rented: Other private rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE8 2XL have 1 person in household (70), and 2 people in household (31).

1 person in household70
2 people in household31
3 people in household16
5 people in household6
7 people in household6
4 people in household5
6 people in household4
8 or more people in household2
0 people in household0