Housing Market Analysis for NE8 3EG

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 3EG Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £105,090 median price is £98,375 Standard Deviation is £69,908 with Total Sold: 650
      • The Last 5 Year average price is £142,050 with Total Sold: 126
      • The most recent sale happened at this postcode is , 29 DENMARK STREET: £121,500 (Sold on 19 Sep 2024)
      • The first recorded sale happened at this postcode is , 57 DURHAM ROAD: £45,000 (Sold on 12 Jan 1995)
    • Semi-Detached
      • The average price is around £102,712 median price is £95,250 Standard Deviation is £59,680 with Total Sold: 172
      • The Last 5 Year average price is £143,124 with Total Sold: 23
      • The most recent sale happened at this postcode is , 154 PRINCE CONSORT ROAD: £285,000 (Sold on 30 Aug 2024)
      • The first recorded sale happened at this postcode is , 80 DURHAM ROAD: £41,000 (Sold on 04 May 1995)
    • Flat
      • The average price is around £66,759 median price is £59,000 Standard Deviation is £35,628 with Total Sold: 699
      • The Last 5 Year average price is £102,669 with Total Sold: 162
      • The most recent sale happened at this postcode is , 64 RIPON STREET: £55,000 (Sold on 10 Apr 2024)
      • The first recorded sale happened at this postcode is , 40 : £14,000 (Sold on 03 Jan 1995)
    • Other
      • The average price is around £418,904 median price is £160,000 Standard Deviation is £879,697 with Total Sold: 64
      • The Last 5 Year average price is £394,541 with Total Sold: 41
      • The most recent sale happened at this postcode is , 66 RIPON STREET: £55,000 (Sold on 10 Apr 2024)
      • The first recorded sale happened at this postcode is , 15 BEWICK ROAD: £1,250,000 (Sold on 06 Jun 2014)
    • Detached
      • The average price is around £119,458 median price is £105,000 Standard Deviation is £91,373 with Total Sold: 39
      • The Last 5 Year average price is £175,450 with Total Sold: 5
      • The most recent sale happened at this postcode is , 14 MARLOWE GARDENS: £130,000 (Sold on 24 Jun 2022)
      • The first recorded sale happened at this postcode is , EAST CEMETERY LODGE SUNDERLAND ROAD: £70,000 (Sold on 13 Apr 1995)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£138,619 £1,134 11
    2023£154,791 £1,459 20
    2022£138,729 £1,541 24
    2021£151,437 £1,239 23
    2020£146,852 £1,124 27
    2019£119,052 £1,108 21
    2018£138,347 £1,335 19
    2017£157,359 £1,227 22
    2016£118,191 £1,130 23
    2015£144,762 £1,179 21
    2014£129,442 £1,097 19
    2013£106,069 £891 13
    2012£120,233 £908 12
    2011£114,182 £1,021 19
    2010£92,863 £947 15
    2009£107,975 £816 20
    2008£170,109 £1,083 23
    2007£139,846 £1,517 42
    2006£112,859 £1,128 29
    2005£129,950 £889 20
    2004£90,152 £877 31
    2003£82,357 £650 36
    2002£45,569 £449 34
    2001£47,314 £364 22
    2000£38,620 £334 20
    1999£28,030 £306 15
    1998£29,974 £248 19
    1997£33,742 £209 17
    1996£37,629 £280 19
    1995£35,675 £267 14
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£179,2504
    2023£175,000 £2,185 2
    2022£132,417 £2,276 6
    2021£127,000 £2,269 5
    2020£113,467 £1,759 3
    2019£151,650 £1,962 3
    2018£149,250 £1,548 5
    2017£128,580 £2,326 5
    2016£201,225 £1,782 2
    2015£148,000 £2,277 1
    2013£107,500 £1,435 2
    2012£126,100 £1,628 3
    2011£148,400 £2,045 10
    2010£120,500 £1,682 3
    2008£142,500 £680 3
    2007£178,805 £1,765 11
    2006£120,106 £1,573 9
    2005£112,938 £1,683 8
    2004£114,531 £1,328 16
    2003£89,690 £1,404 5
    2002£74,025 £1,177 8
    2001£48,558 £667 6
    2000£54,578 £799 9
    1999£45,168 £552 11
    1998£44,867 £742 6
    1997£45,100 £475 11
    1996£45,081 £681 8
    1995£48,421 £598 7
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£94,217 £1,213 9
    2023£129,064 £3,018 81
    2022£72,016 £1,207 16
    2021£80,120 £1,319 23
    2020£74,278 £1,014 18
    2019£66,550 £1,041 15
    2018£46,905 £1,074 100
    2017£64,450 £859 10
    2016£80,909 £1,270 11
    2015£64,385 £894 13
    2014£57,788 £901 16
    2013£62,994 £1,021 9
    2012£58,060 £886 10
    2011£75,921 £1,295 7
    2010£58,308 £1,032 12
    2009£85,100 £1,346 5
    2008£83,264 £1,419 11
    2007£88,942 £1,325 37
    2006£79,360 £1,250 45
    2005£73,458 £1,022 52
    2004£65,972 £1,091 38
    2003£46,978 £743 37
    2002£28,227 £365 15
    2001£22,470 £384 20
    2000£27,028 £398 23
    1999£29,278 £482 14
    1998£31,464 £517 14
    1997£30,028 £502 16
    1996£28,264 £375 11
    1995£23,818 £412 11
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£108,3333
    2023£296,786 £1,610 7
    2022£462,157 £2,237 7
    2021£438,398 £1,873 7
    2020£106,250 £736 4
    2019£541,907 £1,492 13
    2018£761,889 £25,904 9
    2017£205,7419
    2016£107,500 £707 2
    2015£250,0001
    2014£730,0002
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£149,083 £2,306 3
    2021£215,000 £5,227 2
    2017£249,950 £1,666 1
    2016£117,000 £2,543 2
    2012£47,000 £783 1
    2010£124,950 £1,666 1
    2007£235,000 £1,270 1
    2006£280,0001
    2005£125,000 £2,280 1
    2004£135,690 £2,429 5
    2003£139,0001
    2001£77,5001
    2000£61,2583
    1999£57,833 £1,143 3
    1998£52,625 £1,100 4
    1997£140,250 £982 6
    1996£55,7502
    1995£70,0001

    House Type in NE8 3EG area

    The most common house types in the NE8 3EG postcode area are Flat (105), Terraced (73), and Semi-detached (33).

    Total233
    Flat105
    Terraced73
    Semi-detached33
    converted building13
    Detached5
    commercial building3
    Shared house1
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (124), and Owned: Owns outright (35).

    Private rented: Private landlord or letting agency124
    Owned: Owns outright35
    Owned: Owns with a mortgage or loan35
    Social rented: Rents from council or Local Authority29
    Social rented: Other social rented6
    Private rented: Other private rented4
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE8 3EG have 1 person in household (123), and 2 people in household (72).

    1 person in household123
    2 people in household72
    3 people in household24
    4 people in household13
    5 people in household2
    6 people in household1
    0 people in household0
    7 people in household0
    8 or more people in household0