Housing Market Analysis for NE8 3EN

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 3EN Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £92,216 median price is £94,950 Standard Deviation is £22,076 with Total Sold: 685
      • The Last 5 Year average price is £90,156 with Total Sold: 108
      • 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 , 34 CHAUCER CLOSE: £34,000 (Sold on 30 Jun 1995)
    • Semi-Detached
      • The average price is around £118,468 median price is £129,950 Standard Deviation is £45,614 with Total Sold: 183
      • The Last 5 Year average price is £147,053 with Total Sold: 15
      • The most recent sale happened at this postcode is , 112 CHAUCER CLOSE: £178,000 (Sold on 16 Aug 2024)
      • The first recorded sale happened at this postcode is , 28 CHAUCER CLOSE: £56,000 (Sold on 19 May 1995)
    • Terraced
      • The average price is around £153,420 median price is £160,750 Standard Deviation is £32,488 with Total Sold: 218
      • The Last 5 Year average price is £169,243 with Total Sold: 28
      • The most recent sale happened at this postcode is , 29 OVETT GARDENS: £145,000 (Sold on 27 Nov 2023)
      • The first recorded sale happened at this postcode is , 21 REDGRAVE CLOSE: £96,950 (Sold on 26 Jun 2002)
    • Other
      • The average price is around £408,635 median price is £297,500 Standard Deviation is £423,317 with Total Sold: 24
      • The Last 5 Year average price is £365,250 with Total Sold: 10
      • The most recent sale happened at this postcode is , 74 CHAUCER CLOSE: £102,500 (Sold on 03 Apr 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 £161,106 median price is £159,950 Standard Deviation is £75,647 with Total Sold: 82
      • The Last 5 Year average price is £233,875 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)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£88,369 £1,582 8
    2023£91,726 £1,585 23
    2022£93,116 £1,627 34
    2021£89,522 £1,612 23
    2020£84,760 £1,532 20
    2019£88,154 £1,568 13
    2018£89,750 £1,583 22
    2017£89,814 £1,543 11
    2016£96,719 £1,644 13
    2015£89,077 £1,561 15
    2014£88,065 £1,617 20
    2013£86,821 £1,564 12
    2012£83,500 £1,648 5
    2011£80,850 £1,422 7
    2010£88,540 £1,686 10
    2009£96,222 £1,739 8
    2008£106,318 £1,950 14
    2007£109,931 £1,868 36
    2006£108,995 £1,939 44
    2005£113,172 £2,028 51
    2004£110,048 £1,963 97
    2003£94,238 £1,662 76
    2002£78,059 £1,433 70
    2001£43,612 £754 4
    2000£37,596 £667 12
    1999£37,714 £686 7
    1998£37,530 £660 10
    1997£35,768 £660 11
    1996£34,800 £580 5
    1995£35,125 £627 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£146,0002
    2023£185,000 £1,841 3
    2022£136,667 £2,241 3
    2021£138,200 £2,286 5
    2020£128,900 £1,568 2
    2019£145,817 £2,184 3
    2018£130,625 £1,966 4
    2017£145,483 £2,291 6
    2016£144,150 £1,303 3
    2015£162,500 £1,783 3
    2014£123,000 £1,242 1
    2013£154,333 £1,426 3
    2012£128,100 £2,098 3
    2011£123,909 £1,697 11
    2010£137,090 £1,853 5
    2009£130,750 £1,813 2
    2008£148,738 £1,550 4
    2007£168,106 £2,479 8
    2006£151,536 £1,806 11
    2005£134,075 £1,903 6
    2004£138,060 £1,717 24
    2003£127,705 £1,471 22
    2002£85,632 £1,145 11
    2001£75,560 £1,147 5
    2000£54,025 £799 8
    1999£45,017 £761 9
    1998£48,300 £742 4
    1997£52,900 £774 5
    1996£38,988 £710 4
    1995£45,317 £598 3
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£165,700 £1,563 10
    2022£191,000 £1,626 5
    2021£152,643 £1,439 7
    2020£176,383 £1,828 6
    2019£156,080 £1,620 5
    2018£177,000 £1,544 2
    2017£166,875 £1,461 4
    2016£168,875 £1,504 8
    2015£154,369 £1,509 8
    2014£153,094 £1,526 8
    2013£162,750 £1,502 6
    2012£156,400 £1,693 5
    2011£153,742 £1,421 6
    2010£169,370 £1,439 5
    2009£143,000 £1,582 4
    2008£180,125 £1,692 4
    2007£173,925 £1,614 8
    2006£157,481 £1,466 13
    2005£164,025 £1,609 26
    2004£163,629 £1,472 33
    2003£130,087 £1,305 23
    2002£99,041 £1,015 22
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£371,250 £1,864 2
    2022£80,000 £1,538 1
    2021£336,667 £1,873 3
    2020£455,0004
    2019£379,912 £1,551 3
    2018£285,833 £1,643 6
    2017£933,3333
    2016£250,0002
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£280,000 £2,947 1
    2022£225,000 £2,362 3
    2021£200,250 £2,472 1
    2020£248,000 £1,984 1
    2019£240,500 £1,991 2
    2018£270,000 £2,966 2
    2017£241,250 £1,503 2
    2016£186,000 £2,184 5
    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£244,500 £2,080 3
    2004£155,088 £2,116 8
    2003£167,916 £1,385 16
    2002£116,042 £1,206 6
    2001£77,5001
    2000£62,9502
    1999£56,750 £1,143 2
    1998£51,700 £1,100 5
    1997£52,375 £982 4
    1996£65,8754

    House Type in NE8 3EN area

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