Housing Market Analysis for NE8 2YL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 2YL Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £85,662 median price is £79,950 Standard Deviation is £48,900 with Total Sold: 741
      • The Last 5 Year average price is £120,512 with Total Sold: 96
      • The most recent sale happened at this postcode is , 6 BRUNEL STREET: £190,000 (Sold on 29 Jul 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 £96,094 median price is £96,995 Standard Deviation is £36,930 with Total Sold: 387
      • The Last 5 Year average price is £130,348 with Total Sold: 75
      • 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 , 3 WALNUT GARDENS: £21,000 (Sold on 28 Feb 1995)
    • Flat
      • The average price is around £49,764 median price is £52,000 Standard Deviation is £26,323 with Total Sold: 1,424
      • The Last 5 Year average price is £63,924 with Total Sold: 126
      • 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)
    • Detached
      • The average price is around £129,030 median price is £131,495 Standard Deviation is £54,406 with Total Sold: 148
      • The Last 5 Year average price is £194,763 with Total Sold: 30
      • 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)
    • Other
      • The average price is around £293,735 median price is £87,000 Standard Deviation is £858,656 with Total Sold: 67
      • The Last 5 Year average price is £340,145 with Total Sold: 44
      • The most recent sale happened at this postcode is , ROSEWOOD HOUSE, 7 KYLE ROAD: £4,100,000 (Sold on 02 Oct 2023)
      • 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: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£134,750 £1,401 10
    2023£116,500 £1,278 17
    2022£127,472 £1,383 18
    2021£112,783 £1,313 21
    2020£130,614 £1,300 13
    2019£110,603 £1,089 17
    2018£133,777 £1,397 36
    2017£120,882 £1,317 31
    2016£132,352 £1,340 68
    2015£99,947 £1,093 14
    2014£107,532 £1,045 14
    2013£101,254 £1,184 13
    2012£89,000 £956 7
    2011£80,432 £916 11
    2010£95,781 £1,175 16
    2009£82,167 £1,060 6
    2008£90,389 £1,104 26
    2007£110,184 £1,383 40
    2006£95,949 £1,298 29
    2005£85,153 £1,208 45
    2004£75,600 £1,130 71
    2003£51,506 £797 54
    2002£33,205 £449 48
    2001£32,010 £403 28
    2000£31,817 £299 25
    1999£23,808 £332 15
    1998£30,919 £302 18
    1997£29,043 £312 15
    1996£28,267 £322 11
    1995£30,512 £233 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£144,400 £1,314 3
    2023£137,000 £1,714 8
    2022£128,180 £1,872 10
    2021£144,413 £1,598 23
    2020£130,608 £1,527 20
    2019£93,768 £1,341 11
    2018£106,828 £1,525 9
    2017£106,151 £1,543 16
    2016£97,071 £1,493 7
    2015£83,091 £1,122 11
    2014£95,304 £1,603 13
    2013£92,000 £1,319 5
    2012£88,350 £1,205 5
    2011£85,930 £1,272 10
    2010£90,950 £1,371 12
    2009£106,238 £1,599 10
    2008£106,635 £1,515 17
    2007£111,640 £1,486 21
    2006£107,621 £1,734 12
    2005£109,403 £1,620 43
    2004£94,414 £1,412 39
    2003£66,287 £1,037 26
    2002£55,493 £810 20
    2001£40,761 £554 9
    2000£39,390 £483 5
    1999£37,250 £603 4
    1998£37,638 £412 4
    1997£37,000 £393 5
    1996£30,550 £483 5
    1995£33,8754
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£65,000 £1,042 6
    2023£68,715 £1,107 29
    2022£63,083 £987 30
    2021£65,259 £1,012 28
    2020£55,771 £865 12
    2019£61,079 £852 21
    2018£65,476 £927 22
    2017£60,424 £891 38
    2016£65,147 £962 41
    2015£60,216 £853 28
    2014£57,932 £861 34
    2013£61,490 £925 10
    2012£54,830 £825 15
    2011£54,655 £890 20
    2010£67,463 £1,045 19
    2009£69,533 £1,150 15
    2008£80,641 £1,205 52
    2007£75,593 £1,199 128
    2006£69,408 £1,045 95
    2005£59,584 £927 148
    2004£51,128 £774 157
    2003£32,149 £496 132
    2002£22,508 £339 75
    2001£17,493 £267 42
    2000£17,507 £260 48
    1999£15,246 £238 40
    1998£16,293 £224 44
    1997£17,537 £285 30
    1996£16,907 £258 30
    1995£20,456 £313 35
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£198,167 £2,094 3
    2022£200,786 £2,246 7
    2021£204,068 £1,819 14
    2020£159,832 £1,785 3
    2019£168,817 £2,032 3
    2018£150,000 £1,364 1
    2017£167,236 £1,777 4
    2016£152,500 £1,915 2
    2015£215,000 £1,853 1
    2014£139,000 £1,800 2
    2013£167,333 £1,636 3
    2012£141,000 £1,478 3
    2011£136,612 £1,572 4
    2010£170,667 £2,012 3
    2009£175,0001
    2008£161,000 £1,917 1
    2007£170,992 £1,777 6
    2006£138,667 £2,037 3
    2005£148,348 £1,680 10
    2004£127,341 £1,565 16
    2003£92,711 £985 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: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£529,788 £2,501 12
    2022£114,736 £1,460 11
    2021£89,419 £1,517 8
    2020£753,938 £1,001 8
    2019£120,000 £992 5
    2018£73,694 £781 6
    2017£359,950 £1,466 10
    2016£91,432 £708 5
    2015£105,0001
    2014£110,000 £1,618 1

    House Type in NE8 2YL area

    The most common house types in the NE8 2YL postcode area are Semi-detached (73), Flat (25), and Terraced (24).

    Total138
    Semi-detached73
    Flat25
    Terraced24
    Shared house12
    Detached4
    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 (53), and Social rented: Rents from council or Local Authority (35).

    Social rented: Other social rented53
    Social rented: Rents from council or Local Authority35
    Owned: Owns outright22
    Private rented: Private landlord or letting agency17
    Owned: Owns with a mortgage or loan11
    Does not apply0
    Shared ownership: Shared ownership0
    Private rented: Other private rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE8 2YL have 1 person in household (53), and 2 people in household (35).

    1 person in household53
    2 people in household35
    3 people in household34
    4 people in household13
    8 or more people in household1
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0