Housing Market Analysis for ALBANY ROAD, NE8 3AT

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

Overview of Sold House prices

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

  • Other
    • The average price is around £292,500 median price is £292,500 Standard Deviation is £207,500 with Total Sold: 2
    • The Last 5 Year average price is £85,000 with Total Sold: 1
    • The most recent sale happened at this postcode is CHRISTISON (S E) LTD ALBANY ROAD: £85,000 (Sold on 05 Jul 2019)
    • The first recorded sale happened at this postcode is REED THERMOFORMED PACKAGING, UNIT 2 ALBANY ROAD: £500,000 (Sold on 06 Apr 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 3AT 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£85,0001
2017£500,0001

All the Sales in the ALBANY ROAD, NE8 3AT

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

AddressSold DatePrice% Change
CHRISTISON (S E) LTD ALBANY ROADOther, Leasehold05 Jul 2019£85,000First Sale
REED THERMOFORMED PACKAGING, UNIT 2 ALBANY ROADOther, Leasehold06 Apr 2017£500,000First Sale

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

ALBANY ROAD, NE8 3AT Near By properties

Interactive Map

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

  • Flat
    • The average price is around £104,876 median price is £98,000 Standard Deviation is £28,683 with Total Sold: 392
    • The Last 5 Year average price is £93,574 with Total Sold: 59
    • The most recent sale happened at this postcode is , 91 FOSTER DRIVE: £90,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 REDGRAVE CLOSE: £72,450 (Sold on 31 May 2002)
  • Terraced
    • The average price is around £149,254 median price is £160,000 Standard Deviation is £29,349 with Total Sold: 121
    • The Last 5 Year average price is £170,217 with Total Sold: 18
    • The most recent sale happened at this postcode is , 1 FOSTER DRIVE: £207,000 (Sold on 06 Nov 2023)
    • The first recorded sale happened at this postcode is , 21 REDGRAVE CLOSE: £96,950 (Sold on 26 Jun 2002)
  • Detached
    • The average price is around £195,967 median price is £215,000 Standard Deviation is £69,007 with Total Sold: 46
    • The Last 5 Year average price is £249,200 with Total Sold: 5
    • The most recent sale happened at this postcode is , 69 FOSTER DRIVE: £280,000 (Sold on 17 Feb 2023)
    • The first recorded sale happened at this postcode is , ALBANY HOUSE ALBANY ROAD: £87,000 (Sold on 28 Jun 1996)
  • Other
    • The average price is around £566,465 median price is £332,500 Standard Deviation is £572,145 with Total Sold: 22
    • The Last 5 Year average price is £431,521 with Total Sold: 11
    • The most recent sale happened at this postcode is , CROWTHER LODGE MOTOR COMPANY LTD SHEARLEGS ROAD: £640,000 (Sold on 23 Jan 2023)
    • The first recorded sale happened at this postcode is , A M K SALTMEADOWS ROAD: £205,000 (Sold on 22 Jan 2016)
  • Semi-Detached
    • The average price is around £143,742 median price is £149,475 Standard Deviation is £36,201 with Total Sold: 48
    • The Last 5 Year average price is £175,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 215 REDGRAVE CLOSE: £180,000 (Sold on 18 Jan 2023)
    • 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£96,167 £1,621 6
2023£99,058 £1,686 12
2022£93,716 £1,622 16
2021£94,455 £1,639 11
2020£84,578 £1,556 9
2019£91,100 £1,601 5
2018£95,114 £1,643 14
2017£99,457 £1,522 7
2016£103,100 £1,692 9
2015£93,062 £1,664 8
2014£92,630 £1,696 10
2013£86,993 £1,588 7
2012£85,000 £1,518 1
2011£84,325 £1,536 6
2010£92,333 £1,668 3
2009£108,615 £1,945 5
2008£108,875 £1,921 8
2007£126,492 £1,848 20
2006£142,553 £2,272 59
2005£113,219 £1,889 18
2004£113,752 £2,048 50
2003£95,039 £1,659 50
2002£80,260 £1,427 58
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£189,000 £1,571 3
2022£193,000 £1,736 1
2021£167,100 £1,524 5
2020£175,600 £1,898 5
2019£147,600 £1,642 4
2017£164,250 £1,403 2
2016£167,571 £1,514 7
2015£142,738 £1,443 4
2014£142,875 £1,532 6
2013£158,300 £1,540 5
2012£148,000 £1,723 2
2011£156,500 £1,418 2
2009£167,000 £1,791 2
2008£169,333 £1,685 3
2007£168,350 £1,574 4
2006£169,980 £1,589 5
2005£182,833 £1,398 3
2004£164,935 £1,476 20
2003£132,814 £1,310 21
2002£97,885 £982 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£280,000 £2,947 1
2022£242,500 £2,104 2
2019£240,500 £1,991 2
2018£360,000 £3,789 1
2017£241,250 £1,503 2
2016£244,000 £1,845 2
2015£202,000 £2,104 1
2014£242,000 £1,476 1
2013£200,000 £1,408 1
2012£230,000 £1,403 1
2011£201,000 £1,692 2
2010£229,000 £2,046 2
2007£221,498 £2,375 2
2006£197,862 £2,062 4
2005£373,5001
2004£249,950 £1,322 1
2003£177,259 £1,333 11
2002£116,042 £1,206 6
1998£48,0001
1996£76,0002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£640,0001
2021£453,5002
2020£455,0004
2019£344,934 £1,551 4
2018£763,1005
2017£933,3333
2016£366,6673
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£180,000 £1,452 1
2021£170,000 £2,464 1
2018£125,0001
2017£177,500 £2,100 2
2016£180,000 £1,607 1
2015£172,500 £1,527 1
2013£154,333 £1,426 3
2012£151,000 £2,188 1
2011£135,000 £2,146 1
2009£118,0001
2008£169,975 £1,545 2
2007£171,975 £1,978 4
2006£174,250 £2,020 4
2004£149,164 £1,722 10
2003£133,617 £1,527 9
2002£98,950 £940 4
1999£17,6252

House Type in NE8 3AT area

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