Housing Market Analysis for NE8 3BP

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 3BP Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £88,292 median price is £90,000 Standard Deviation is £21,217 with Total Sold: 262
      • The Last 5 Year average price is £91,486 with Total Sold: 45
      • The most recent sale happened at this postcode is , 8 REDGRAVE CLOSE: £90,000 (Sold on 26 Jul 2024)
      • The first recorded sale happened at this postcode is , 34 CHAUCER CLOSE: £34,000 (Sold on 30 Jun 1995)
    • Semi-Detached
      • The average price is around £108,086 median price is £101,500 Standard Deviation is £48,394 with Total Sold: 74
      • The Last 5 Year average price is £140,806 with Total Sold: 8
      • The most recent sale happened at this postcode is , 61 CHAUCER CLOSE: £165,000 (Sold on 01 Dec 2023)
      • The first recorded sale happened at this postcode is , 28 CHAUCER CLOSE: £56,000 (Sold on 19 May 1995)
    • Other
      • The average price is around £566,295 median price is £332,500 Standard Deviation is £572,289 with Total Sold: 22
      • The Last 5 Year average price is £431,180 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)
    • Detached
      • The average price is around £168,842 median price is £185,000 Standard Deviation is £76,073 with Total Sold: 40
      • The Last 5 Year average price is £232,667 with Total Sold: 3
      • The most recent sale happened at this postcode is , 38 RENFORTH CLOSE: £250,000 (Sold on 18 Mar 2022)
      • The first recorded sale happened at this postcode is , ALBANY HOUSE ALBANY ROAD: £87,000 (Sold on 28 Jun 1996)
    • Terraced
      • The average price is around £138,583 median price is £149,975 Standard Deviation is £36,918 with Total Sold: 66
      • The Last 5 Year average price is £158,980 with Total Sold: 5
      • The most recent sale happened at this postcode is , 6 RENFORTH CLOSE: £138,000 (Sold on 23 Apr 2021)
      • The first recorded sale happened at this postcode is , 21 REDGRAVE CLOSE: £96,950 (Sold on 26 Jun 2002)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£83,333 £1,607 3
    2023£95,117 £1,604 6
    2022£94,842 £1,689 13
    2021£91,136 £1,674 11
    2020£87,033 £1,632 6
    2019£89,750 £1,619 6
    2018£88,167 £1,557 6
    2017£90,500 £1,467 6
    2016£92,690 £1,607 5
    2015£92,400 £1,612 5
    2014£94,408 £1,714 6
    2013£86,492 £1,540 6
    2011£80,488 £1,375 4
    2010£90,800 £1,606 5
    2009£94,625 £1,763 4
    2008£103,862 £1,962 4
    2007£110,250 £1,795 14
    2006£104,480 £1,869 14
    2005£108,250 £1,909 12
    2004£110,581 £2,006 26
    2003£92,652 £1,646 22
    2002£79,818 £1,412 53
    2001£42,950 £758 1
    2000£37,117 £665 6
    1999£36,165 £727 3
    1998£37,967 £643 3
    1997£35,992 £674 6
    1996£35,000 £587 4
    1995£35,000 £631 2
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£165,000 £2,538 1
    2022£117,500 £1,879 2
    2021£144,500 £2,323 3
    2019£146,475 £2,140 2
    2018£130,000 £1,955 2
    2017£151,000 £1,981 3
    2016£180,000 £1,607 1
    2015£160,250 £1,902 2
    2013£151,500 £1,391 2
    2012£151,000 £2,188 1
    2011£115,500 £1,533 3
    2010£88,500 £1,641 1
    2009£118,0001
    2008£170,0001
    2007£182,0002
    2006£141,000 £1,717 5
    2005£116,500 £1,969 2
    2004£115,840 £1,574 10
    2003£124,160 £1,465 5
    2002£96,460 £1,044 5
    2001£54,5001
    2000£51,550 £672 4
    1999£41,240 £845 5
    1998£46,233 £742 3
    1997£49,7252
    1996£36,817 £610 3
    1995£51,2252
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£640,0001
    2022£80,000 £1,538 1
    2021£453,5002
    2020£455,0004
    2019£431,9953
    2018£763,1005
    2017£933,3333
    2016£366,6673
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£220,000 £2,320 2
    2019£258,000 £1,797 1
    2017£241,250 £1,503 2
    2016£200,667 £2,074 3
    2014£242,000 £1,476 1
    2013£200,000 £1,408 1
    2012£230,000 £1,403 1
    2011£222,000 £1,618 1
    2010£220,000 £2,122 1
    2007£214,9951
    2006£211,500 £1,500 1
    2005£249,250 £2,280 2
    2004£142,725 £3,299 2
    2003£196,625 £1,361 8
    2002£122,060 £894 5
    2000£73,9501
    1999£48,000 £1,143 1
    1998£45,500 £1,156 3
    1997£53,000 £967 1
    1996£76,0002
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£138,000 £1,663 1
    2020£180,000 £1,889 2
    2019£148,450 £1,539 2
    2016£168,083 £1,547 6
    2015£122,950 £1,499 1
    2014£125,000 £1,506 1
    2013£176,000 £1,513 1
    2011£158,000 £1,431 1
    2009£164,000 £2,007 1
    2008£164,000 £1,702 2
    2007£166,133 £1,609 3
    2006£148,488 £1,670 4
    2005£192,250 £1,473 2
    2004£167,868 £1,526 11
    2003£128,294 £1,395 9
    2002£94,266 £994 19

    House Type in NE8 3BP area

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