Housing Market Analysis for PARK ROAD, NE8 3HL

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

Overview of Sold House prices

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

  • Other
    • The average price is around £1,020,000 median price is £1,020,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,020,000 with Total Sold: 1
    • The most recent sale happened at this postcode is C D BRAMALL PARK ROAD: £1,020,000 (Sold on 29 Jan 2020)
    • The first recorded sale happened at this postcode is C D BRAMALL PARK ROAD: £1,020,000 (Sold on 29 Jan 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 3HL 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
2020£1,020,0001

All the Sales in the PARK ROAD, NE8 3HL

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

AddressSold DatePrice% Change
C D BRAMALL PARK ROADOther, Freehold29 Jan 2020£1,020,000First Sale

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

PARK ROAD, NE8 3HL Near By properties

Interactive Map

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

  • Flat
    • The average price is around £94,413 median price is £95,000 Standard Deviation is £22,898 with Total Sold: 972
    • The Last 5 Year average price is £88,882 with Total Sold: 181
    • 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 £121,933 median price is £131,450 Standard Deviation is £45,444 with Total Sold: 201
    • The Last 5 Year average price is £148,388 with Total Sold: 20
    • 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 £153,127 median price is £161,000 Standard Deviation is £34,339 with Total Sold: 298
    • The Last 5 Year average price is £162,676 with Total Sold: 53
    • The most recent sale happened at this postcode is , 61 SANDERSON VILLAS: £205,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 6 BYRON WALK: £25,000 (Sold on 21 Jul 1995)
  • Other
    • The average price is around £287,972 median price is £205,000 Standard Deviation is £255,990 with Total Sold: 27
    • The Last 5 Year average price is £348,882 with Total Sold: 15
    • 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 , PARMLEY GRAHAM LTD SALTMEADOWS ROAD: £120,000 (Sold on 23 Dec 2014)
  • Detached
    • The average price is around £161,338 median price is £180,000 Standard Deviation is £69,147 with Total Sold: 91
    • The Last 5 Year average price is £235,531 with Total Sold: 8
    • 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£85,223 £1,272 13
2023£92,458 £1,619 32
2022£91,294 £1,611 48
2021£89,471 £1,605 34
2020£83,237 £1,489 27
2019£87,020 £1,531 27
2018£88,836 £1,574 35
2017£86,345 £1,523 25
2016£94,208 £1,725 40
2015£92,627 £1,629 19
2014£85,172 £1,544 25
2013£92,140 £1,648 29
2012£88,863 £1,614 19
2011£89,371 £1,578 21
2010£90,345 £1,636 21
2009£100,724 £1,779 18
2008£121,508 £2,303 37
2007£117,142 £2,057 73
2006£110,904 £1,970 66
2005£111,306 £2,016 64
2004£110,048 £1,963 97
2003£94,238 £1,662 76
2002£78,059 £1,433 70
2001£37,490 £642 5
2000£37,596 £667 12
1999£37,714 £686 7
1998£37,530 £660 10
1997£32,727 £660 13
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£146,333 £2,191 6
2020£131,767 £1,771 3
2019£145,817 £2,184 3
2018£137,500 £1,900 6
2017£145,483 £2,291 6
2016£144,150 £1,303 3
2015£162,500 £1,783 3
2014£141,500 £1,609 2
2013£154,333 £1,426 3
2012£132,860 £2,018 5
2011£124,833 £1,690 12
2010£140,931 £1,809 8
2009£137,167 £1,833 3
2008£156,142 £1,668 6
2007£169,756 £2,319 9
2006£156,523 £1,799 13
2005£137,057 £1,874 7
2004£138,060 £1,717 24
2003£127,705 £1,471 22
2002£85,632 £1,145 11
2001£64,800 £915 6
2000£54,025 £799 8
1999£52,843 £761 7
1998£48,300 £742 4
1997£52,900 £774 5
1996£33,490 £710 5
1995£45,317 £598 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,0001
2023£168,583 £1,608 12
2022£173,938 £1,631 8
2021£147,848 £1,601 13
2020£165,038 £1,662 8
2019£160,000 £1,521 11
2018£170,571 £1,938 7
2017£150,667 £1,356 9
2016£166,700 £1,534 10
2015£158,268 £1,499 11
2014£153,028 £1,545 9
2013£162,591 £1,495 11
2012£154,950 £1,810 11
2011£155,817 £1,585 9
2010£157,417 £1,442 9
2009£143,625 £1,848 8
2008£163,942 £1,833 9
2007£169,521 £1,616 12
2006£161,915 £1,509 17
2005£164,934 £1,639 32
2004£163,629 £1,472 33
2003£130,087 £1,305 23
2002£96,561 £985 23
2000£36,000 £456 1
1995£25,000 £294 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£371,250 £1,864 2
2022£80,000 £1,538 1
2021£311,667 £1,873 3
2020£546,6673
2019£305,956 £1,551 6
2018£192,500 £1,643 4
2017£260,765 £1,579 4
2016£202,983 £2,056 3
2014£120,0001
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£190,000 £2,184 6
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£213,650 £1,919 3
2008£184,9501
2007£185,966 £2,337 6
2006£198,558 £2,078 6
2005£180,000 £2,080 2
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 3HL area

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