Housing Market Analysis for NE8 3AD

Are you looking to understand NE8 3AD 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 3AD area, explore the NE8 3AD Area information page.
For comprehensive crime statistics in the NE8 3AD area, explore the NE8 3AD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE8 3AD postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE8 3AD 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 3AD

    See the table below for more details on the sold house prices in the NE8 3AD, Gateshead postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE8 3AD postcode. Properties currently for saleProperties currently for rent

    NE8 3AD Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE8 3AD 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 3AD postcode.

    • Flat
      • The average price is around £160,734 median price is £155,475 Standard Deviation is £73,568 with Total Sold: 1,780
      • The Last 5 Year average price is £132,741 with Total Sold: 439
      • The most recent sale happened at this postcode is 4, HIGH QUAY CITY ROAD: £171,000 (Sold on 04 Sep 2024)
      • The first recorded sale happened at this postcode is , 22 MILKMARKET: £64,000 (Sold on 17 Jan 1995)
    • Other
      • The average price is around £2,602,057 median price is £600,000 Standard Deviation is £4,348,140 with Total Sold: 36
      • The Last 5 Year average price is £1,876,968 with Total Sold: 16
      • The most recent sale happened at this postcode is 131, BALTIC QUAY MILL ROAD: £165,000 (Sold on 28 Mar 2024)
      • The first recorded sale happened at this postcode is , 106 QUAYSIDE: £50,000 (Sold on 07 Mar 2016)
    • Terraced
      • The average price is around £248,129 median price is £239,950 Standard Deviation is £34,978 with Total Sold: 7
      • The Last 5 Year average price is £291,750 with Total Sold: 2
      • The most recent sale happened at this postcode is , 5 RIVERSIDE WALK: £325,000 (Sold on 12 Sep 2023)
      • The first recorded sale happened at this postcode is , 12 MILKMARKET: £218,500 (Sold on 02 Oct 2006)
    • Detached
      • The average price is around £200,622 median price is £165,000 Standard Deviation is £122,994 with Total Sold: 16
      • The Last 5 Year average price is £420,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 6 RIVERSIDE WALK: £420,000 (Sold on 20 Nov 2020)
      • The first recorded sale happened at this postcode is , 10 LOVE LANE: £92,000 (Sold on 17 Feb 1995)
    • Semi-Detached
      • The average price is around £17,625 median price is £17,625 Standard Deviation is £625 with Total Sold: 2
      • The most recent sale happened at this postcode is , 49 NORFOLK ROAD: £18,250 (Sold on 22 Dec 1999)
      • The first recorded sale happened at this postcode is , 51 NORFOLK ROAD: £17,000 (Sold on 07 Apr 1999)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£184,359 £2,152 16
    2023£155,234 £2,434 34
    2022£186,512 £2,304 39
    2021£221,910 £2,679 61
    2020£96,949 £3,884 158
    2019£106,237 £3,838 131
    2018£163,340 £2,369 36
    2017£162,300 £2,458 54
    2016£157,861 £2,126 54
    2015£168,218 £2,341 53
    2014£144,714 £2,086 35
    2013£138,728 £2,092 32
    2012£153,204 £1,996 23
    2011£149,257 £2,050 28
    2010£158,908 £2,274 31
    2009£178,133 £2,596 18
    2008£208,850 £2,674 27
    2007£183,153 £2,644 71
    2006£179,534 £2,963 146
    2005£179,871 £2,688 43
    2004£210,470 £2,973 129
    2003£190,483 £2,818 284
    2002£179,431 £1,986 37
    2001£171,750 £2,234 63
    2000£137,044 £2,119 51
    1999£112,286 £1,405 21
    1998£101,582 £1,350 61
    1997£85,554 £1,131 28
    1996£56,593 £1,150 7
    1995£86,333 £1,042 9
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£165,0001
    2023£4,061,6673
    2021£2,844,996 £31,534 5
    2020£180,0001
    2019£546,083 £2,336 6
    2018£4,164,0788
    2017£1,022,495 £774 8
    2016£5,537,5004
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£325,000 £4,012 1
    2020£258,500 £2,585 1
    2016£235,950 £2,913 1
    2015£232,983 £2,419 3
    2006£218,500 £1,668 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2020£420,000 £2,838 1
    2018£400,000 £2,703 1
    2016£350,000 £2,365 1
    2015£333,000 £2,250 1
    2011£165,000 £2,339 1
    2006£172,000 £2,457 1
    2005£373,5001
    2003£165,0001
    2001£175,0001
    1999£94,2252
    1998£104,000 £1,167 2
    1997£81,0001
    1996£87,0001
    1995£92,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    1999£17,6252

    House Type in NE8 3AD area

    The most common house types in the NE8 3AD postcode area are Flat (145), Semi-detached (2), and Detached (1).

    Total149
    Flat145
    Semi-detached2
    Detached1
    Terraced1
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (78), and Social rented: Rents from council or Local Authority (29).

    Private rented: Private landlord or letting agency78
    Social rented: Rents from council or Local Authority29
    Owned: Owns with a mortgage or loan23
    Owned: Owns outright13
    Social rented: Other social rented4
    Lives rent free2
    Private rented: Other private rented1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the NE8 3AD have 1 person in household (74), and 2 people in household (65).

    1 person in household74
    2 people in household65
    3 people in household5
    4 people in household5
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0