Housing Market Analysis for NE8 3AR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 3AR Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £172,452 median price is £165,000 Standard Deviation is £61,879 with Total Sold: 776
      • The Last 5 Year average price is £153,560 with Total Sold: 103
      • The most recent sale happened at this postcode is 103, BALTIC QUAY MILL ROAD: £86,000 (Sold on 03 Sep 2024)
      • The first recorded sale happened at this postcode is , 281 HIGH STREET: £40,000 (Sold on 13 Dec 1996)
    • Other
      • The average price is around £701,138 median price is £275,000 Standard Deviation is £963,743 with Total Sold: 31
      • The Last 5 Year average price is £700,821 with Total Sold: 18
      • 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 , UNITED SERVICES CLUB MULGRAVE TERRACE: £210,000 (Sold on 04 Sep 2014)
    • Terraced
      • The average price is around £125,411 median price is £99,750 Standard Deviation is £139,712 with Total Sold: 38
      • The Last 5 Year average price is £118,535 with Total Sold: 5
      • The most recent sale happened at this postcode is , 14 REGENT TERRACE: £140,000 (Sold on 14 Nov 2023)
      • The first recorded sale happened at this postcode is , 15A WALKER TERRACE: £72,500 (Sold on 27 Jun 1995)
    • Detached
      • The average price is around £182,083 median price is £160,000 Standard Deviation is £140,751 with Total Sold: 9
      • The Last 5 Year average price is £163,625 with Total Sold: 2
      • The most recent sale happened at this postcode is , 10 REGENT TERRACE: £127,250 (Sold on 06 Jan 2022)
      • The first recorded sale happened at this postcode is , 232 - 240 HIGH STREET: £527,000 (Sold on 01 May 1997)
    • Semi-Detached
      • The average price is around £51,938 median price is £50,375 Standard Deviation is £34,418 with Total Sold: 4
      • The most recent sale happened at this postcode is , 18 REGENT TERRACE: £90,000 (Sold on 30 May 2003)
      • The first recorded sale happened at this postcode is , 23 JACKSON STREET: £82,500 (Sold on 20 Oct 1995)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£206,219 £2,194 8
    2023£132,132 £1,962 19
    2022£177,729 £2,336 24
    2021£148,143 £2,177 14
    2020£136,075 £1,976 20
    2019£144,192 £2,110 18
    2018£161,114 £2,187 22
    2017£162,963 £2,308 23
    2016£159,432 £2,164 24
    2015£158,375 £2,088 20
    2014£151,804 £2,103 13
    2013£140,800 £2,147 10
    2012£147,075 £2,148 6
    2011£124,477 £1,945 11
    2010£138,169 £2,084 16
    2009£156,990 £2,249 5
    2008£190,875 £2,932 8
    2007£159,818 £2,578 82
    2006£169,927 £2,397 81
    2005£176,986 £2,473 77
    2004£203,131 £2,835 99
    2003£189,822 £2,774 172
    2002£9,5001
    2000£227,500 £3,227 1
    1998£30,0001
    1996£40,0001
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£165,0001
    2023£415,0003
    2022£856,6673
    2021£285,1964
    2020£730,0001
    2019£1,127,3336
    2018£923,1005
    2017£843,7504
    2016£435,0002
    2015£50,0001
    2014£210,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£96,3382
    2021£200,0001
    2019£100,0002
    2017£54,5001
    2016£118,0001
    2015£102,6673
    2012£160,6502
    2008£280,4605
    2007£151,5752
    2006£65,0002
    2005£147,5002
    2004£105,000 £988 3
    2003£131,000 £720 4
    2002£49,9501
    2001£99,500 £409 1
    2000£54,0001
    1998£10,0001
    1997£37,5001
    1996£39,1252
    1995£72,5001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£127,2501
    2021£200,0001
    2012£47,000 £783 1
    2008£167,5001
    2007£160,000 £2,378 1
    2006£175,0002
    1999£60,0001
    1997£527,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2003£90,0001
    1999£17,6252
    1995£82,5001

    House Type in NE8 3AR area

    The most common house types in the NE8 3AR 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 3AR 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