Housing Market Analysis for NE8 3BQ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 3BQ Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £104,622 median price is £98,950 Standard Deviation is £34,523 with Total Sold: 919
      • The Last 5 Year average price is £104,605 with Total Sold: 146
      • 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 , 10 CHANDLERS QUAY: £95,500 (Sold on 01 Mar 1995)
    • Terraced
      • The average price is around £144,667 median price is £152,250 Standard Deviation is £52,967 with Total Sold: 472
      • The Last 5 Year average price is £195,533 with Total Sold: 62
      • The most recent sale happened at this postcode is , 31 MERCHANTS WHARF: £325,000 (Sold on 18 Dec 2023)
      • The first recorded sale happened at this postcode is , 7 MERCHANTS WHARF: £79,950 (Sold on 05 Jan 1996)
    • Semi-Detached
      • The average price is around £150,275 median price is £149,950 Standard Deviation is £44,337 with Total Sold: 110
      • The Last 5 Year average price is £195,089 with Total Sold: 9
      • The most recent sale happened at this postcode is , 24 FOSTER DRIVE: £210,000 (Sold on 18 Dec 2023)
      • The first recorded sale happened at this postcode is , 35 MERCHANTS WHARF: £66,000 (Sold on 31 May 1996)
    • Detached
      • The average price is around £181,957 median price is £188,975 Standard Deviation is £58,795 with Total Sold: 68
      • The Last 5 Year average price is £241,042 with Total Sold: 6
      • 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 £661,295 median price is £174,000 Standard Deviation is £2,099,677 with Total Sold: 26
      • The Last 5 Year average price is £284,705 with Total Sold: 13
      • 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 , PARMLEY GRAHAM LTD SALTMEADOWS ROAD: £120,000 (Sold on 23 Dec 2014)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£93,328 £1,346 9
    2023£107,422 £1,717 32
    2022£103,742 £1,706 40
    2021£110,426 £1,740 27
    2020£102,900 £1,671 23
    2019£99,800 £1,608 15
    2018£99,595 £1,637 28
    2017£106,663 £1,616 27
    2016£100,280 £1,728 37
    2015£121,317 £1,739 21
    2014£99,970 £1,676 23
    2013£100,574 £1,651 19
    2012£107,359 £1,682 11
    2011£119,707 £1,528 7
    2010£107,809 £1,739 11
    2009£105,414 £1,807 12
    2008£111,207 £1,974 24
    2007£126,426 £2,068 68
    2006£121,359 £2,002 65
    2005£126,396 £2,093 60
    2004£117,446 £1,988 102
    2003£99,271 £1,717 78
    2002£82,569 £1,433 81
    2001£88,922 £1,326 9
    2000£81,827 £1,071 15
    1999£71,211 £922 26
    1998£77,446 £920 17
    1997£52,529 £837 13
    1996£65,889 £819 9
    1995£64,835 £821 10
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£218,126 £2,288 17
    2022£200,750 £1,677 4
    2021£187,409 £1,845 14
    2020£192,519 £1,939 16
    2019£173,445 £1,771 11
    2018£185,350 £1,856 10
    2017£186,460 £1,972 15
    2016£182,167 £1,653 12
    2015£161,747 £1,714 18
    2014£156,407 £1,677 14
    2013£161,409 £1,889 11
    2012£170,369 £1,678 8
    2011£166,493 £1,543 7
    2010£183,300 £1,708 11
    2009£159,571 £1,760 7
    2008£164,500 £1,745 10
    2007£188,539 £1,791 13
    2006£176,478 £1,777 23
    2005£171,515 £1,789 34
    2004£165,593 £1,668 37
    2003£137,566 £1,388 31
    2002£114,499 £1,191 35
    2001£104,904 £1,017 13
    2000£88,762 £889 12
    1999£73,838 £860 13
    1998£71,209 £776 16
    1997£67,396 £751 27
    1996£62,170 £868 33
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£195,000 £1,492 2
    2022£300,000 £1,933 1
    2021£192,500 £1,925 2
    2020£155,650 £1,893 2
    2019£184,750 £1,923 2
    2018£125,0001
    2017£177,500 £2,100 2
    2016£176,250 £1,505 2
    2015£169,750 £1,536 2
    2014£123,000 £1,242 1
    2013£154,333 £1,426 3
    2012£143,667 £1,995 3
    2011£149,667 £1,745 3
    2010£148,488 £1,922 4
    2009£130,750 £1,813 2
    2008£155,817 £1,550 3
    2007£191,986 £1,861 7
    2006£193,089 £1,818 9
    2005£199,133 £1,879 3
    2004£153,000 £1,739 15
    2003£140,957 £1,514 22
    2002£115,250 £1,130 7
    2001£129,700 £1,295 2
    1999£112,7001
    1998£73,533 £795 3
    1997£68,500 £559 2
    1996£50,500 £688 4
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£280,000 £2,947 1
    2022£242,500 £2,104 2
    2021£200,250 £2,472 1
    2019£240,500 £1,991 2
    2018£270,000 £2,966 2
    2017£241,250 £1,503 2
    2016£226,500 £1,945 4
    2015£202,000 £2,104 1
    2014£242,000 £1,476 1
    2013£197,000 £1,736 2
    2012£230,000 £1,403 1
    2011£201,000 £1,692 2
    2010£229,000 £2,046 2
    2009£156,000 £1,729 1
    2007£185,966 £2,337 6
    2006£198,558 £2,078 6
    2004£168,208 £1,657 6
    2003£169,843 £1,385 15
    2002£116,042 £1,206 6
    2001£112,000 £1,242 1
    1999£42,000 £840 1
    1998£48,0001
    1996£76,0002
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£640,0001
    2021£245,750 £1,884 4
    2020£367,355 £117 4
    2019£152,188 £1,551 4
    2018£107,5002
    2017£2,456,212 £300,000 5
    2016£182,238 £2,056 4
    2015£147,5001
    2014£120,0001

    House Type in NE8 3BQ area

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