Housing Market Analysis for REDGRAVE CLOSE, NE8 3JE

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

Overview of Sold House prices

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

Flat
- The average price is around £99,057 median price is £94,000 Standard Deviation is £13,923 with Total Sold: 55
- The Last 5 Year average price is £94,656 with Total Sold: 9
- 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 46 REDGRAVE CLOSE: £82,950 (Sold on 19 Dec 2002)
Terraced
- The average price is around £159,941 median price is £171,950 Standard Deviation is £29,539 with Total Sold: 22
- The Last 5 Year average price is £183,700 with Total Sold: 2
- The most recent sale happened at this postcode is 58 REDGRAVE CLOSE: £187,500 (Sold on 09 Dec 2020)
- The first recorded sale happened at this postcode is 60 REDGRAVE CLOSE: £99,950 (Sold on 28 Jun 2002)
Semi-Detached
- The average price is around £146,340 median price is £149,000 Standard Deviation is £34,279 with Total Sold: 15
- The most recent sale happened at this postcode is 66 REDGRAVE CLOSE: £190,000 (Sold on 28 Feb 2017)
- The first recorded sale happened at this postcode is 64 REDGRAVE CLOSE: £95,950 (Sold on 27 Jun 2002)
Detached
- The average price is around £132,669 median price is £104,950 Standard Deviation is £47,933 with Total Sold: 5
- The most recent sale happened at this postcode is 60 REDGRAVE CLOSE: £214,995 (Sold on 07 Jan 2007)
- The first recorded sale happened at this postcode is 54 REDGRAVE CLOSE: £99,950 (Sold on 27 Jun 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 3JE 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£90,000		1
2023	£97,100	£1,638	2
2022	£99,950	£1,843	1
2021	£91,500	£1,664	2
2020	£95,375	£1,876	2
2019	£94,000	£1,516	1
2018	£90,000	£1,452	2
2017	£87,000	£1,476	1
2016	£98,000	£2,042	1
2015	£95,000	£1,532	1
2013	£78,000	£1,200	1
2010	£92,000	£1,704	1
2009	£105,500	£2,198	1
2007	£109,000	£1,557	1
2006	£110,400	£1,976	5
2005	£107,167	£1,768	3
2004	£122,917	£2,183	9
2003	£90,664	£1,599	14
2002	£83,783	£1,471	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£187,500	£2,295	1
2019	£179,900	£1,650	1
2016	£169,500	£1,546	3
2015	£122,950	£1,499	1
2009	£164,000	£2,007	1
2008	£180,000	£1,622	1
2007	£178,450	£1,637	1
2006	£175,000	£1,606	1
2005	£196,000		1
2004	£175,117	£1,577	6
2003	£129,967	£1,428	3
2002	£92,900	£1,051	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£190,000	£1,810	1
2016	£180,000	£1,607	1
2015	£172,500	£1,527	1
2013	£149,000	£1,330	1
2007	£191,000		1
2006	£184,000	£1,814	1
2004	£157,475	£1,747	2
2003	£139,283	£1,347	3
2002	£98,950	£940	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£214,995		1
2003	£158,000	£1,411	1
2002	£96,783	£892	3

All the Sales in the REDGRAVE CLOSE, NE8 3JE

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

Address	Sold Date	Price	% Change
8 REDGRAVE CLOSEFlat, Leasehold	26 Jul 2024	£90,000	-5.26%
	30 Nov 2015	£95,000	9.26%
	31 Mar 2003	£86,950	First Sale
30 REDGRAVE CLOSEFlat, LeaseholdArea: 70 Sq.mtrAge: 1996-2002	20 Mar 2023	£99,950	14.89%
	03 Dec 2018	£87,000	-20.18%
	16 Nov 2007	£109,000	23.93%
	31 Mar 2003	£87,950	First Sale
12 REDGRAVE CLOSEFlat, LeaseholdArea: 51 Sq.mtrAge: 2003-2006	10 Feb 2023	£94,250	-20.46%
	13 Oct 2004	£118,500	31.74%
	31 Mar 2003	£89,950	First Sale
34 REDGRAVE CLOSEFlat, LeaseholdArea: 54.24 Sq.mtrAge: 2003-2006	26 Aug 2022	£99,950	-15.30%
	11 Nov 2004	£118,000	29.74%
	31 Mar 2003	£90,950	First Sale
92 REDGRAVE CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	30 Jul 2021	£93,000	0.0
	11 Oct 2018	£93,000	-23.74%
	27 Aug 2004	£121,950	First Sale
44 REDGRAVE CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	28 May 2021	£90,000	-2.17%
	27 Aug 2010	£92,000	10.91%
	19 Dec 2002	£82,950	First Sale
58 REDGRAVE CLOSETerraced, FreeholdArea: 81.7 Sq.mtrAge: 1996-2002	09 Dec 2020	£187,500	14.33%
	28 Aug 2009	£164,000	91.03%
	28 Jun 2002	£85,850	First Sale
36 REDGRAVE CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 2003-2006	30 Oct 2020	£95,000	-3.06%
	27 May 2016	£98,000	-7.11%
	14 Aug 2009	£105,500	13.50%
	31 Mar 2003	£92,950	First Sale
42 REDGRAVE CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1996-2002	03 Jul 2020	£95,750	10.12%
	19 Dec 2002	£86,950	First Sale
18 REDGRAVE CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	17 Jul 2019	£94,000	1.13%
	31 Mar 2003	£92,950	First Sale
72 REDGRAVE CLOSETerraced, FreeholdArea: 109 Sq.mtrAge: 2003-2006	17 May 2019	£179,900	2.80%
	04 Aug 2006	£175,000	0.03%
	31 Aug 2004	£174,950	First Sale
16 REDGRAVE CLOSEFlat, LeaseholdArea: 58.93 Sq.mtrAge: 2003-2006	29 Sep 2017	£87,000	-5.38%
	31 Mar 2003	£91,950	First Sale
66 REDGRAVE CLOSESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1996-2002	28 Feb 2017	£190,000	98.02%
	28 Jun 2002	£95,950	First Sale
80 REDGRAVE CLOSETerraced, FreeholdArea: 111 Sq.mtrAge: 2003-2006	21 Dec 2016	£170,000	-5.56%
	08 Feb 2008	£180,000	4.68%
	28 Sep 2004	£171,950	First Sale
78 REDGRAVE CLOSETerraced, FreeholdArea: 109 Sq.mtrAge: 2003-2006	16 Sep 2016	£175,000	1.77%
	28 Sep 2004	£171,950	First Sale
54 REDGRAVE CLOSESemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1996-2002	29 Jan 2016	£180,000	13.92%
	29 Oct 2003	£158,000	58.08%
	27 Jun 2002	£99,950	First Sale
4 REDGRAVE CLOSETerraced, FreeholdArea: 109 Sq.mtrAge: 2003-2006	25 Jan 2016	£163,500	-8.38%
	13 Jul 2007	£178,450	19.01%
	04 Jun 2003	£149,950	First Sale
68 REDGRAVE CLOSESemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1996-2002	09 Dec 2015	£172,500	-6.25%
	21 Jul 2006	£184,000	87.85%
	28 Jun 2002	£97,950	First Sale
22 REDGRAVE CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 2003-2006	10 Aug 2015	£122,950	2.50%
	02 Jun 2003	£119,950	First Sale
52 REDGRAVE CLOSESemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1996-2002	29 May 2013	£149,000	6.47%
	07 Jan 2003	£139,950	First Sale
40 REDGRAVE CLOSEFlat, LeaseholdArea: 65 Sq.mtrAge: 2003-2006	20 Mar 2013	£78,000	-25.71%
	19 Dec 2005	£105,000	31.33%
	19 Dec 2002	£79,950	First Sale
70 REDGRAVE CLOSESemi-Detached, Freehold	16 Mar 2007	£191,000	12.39%
70 REDGRAVE CLOSESemi-Detached, Freehold	26 Mar 2004	£169,950	First Sale
60 REDGRAVE CLOSEDetached, Freehold	07 Jan 2007	£214,995	9.69%
	23 Sep 2005	£196,000	3.19%
	23 Jul 2004	£189,950	90.05%
	28 Jun 2002	£99,950	First Sale
46 REDGRAVE CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	10 Nov 2006	£107,000	28.99%
	19 Dec 2002	£82,950	First Sale
38 REDGRAVE CLOSEFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	07 Jul 2006	£112,000	20.49%
	31 Mar 2003	£92,950	First Sale
14 REDGRAVE CLOSEFlat, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	23 Jun 2006	£105,000	-10.26%
	27 Aug 2004	£117,000	27.24%
	31 Mar 2003	£91,950	First Sale
50 REDGRAVE CLOSEFlat, Leasehold	02 Jun 2006	£116,000	36.55%
50 REDGRAVE CLOSEFlat, Leasehold	19 Dec 2002	£84,950	First Sale
6 REDGRAVE CLOSEFlat, LeaseholdArea: 52.32 Sq.mtrAge: 2003-2006	21 Mar 2006	£112,000	28.81%
	31 Mar 2003	£86,950	First Sale
32 REDGRAVE CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	20 Oct 2005	£107,500	18.20%
	31 Mar 2003	£90,950	First Sale
48 REDGRAVE CLOSEFlat, Leasehold	26 Aug 2005	£109,000	28.31%
48 REDGRAVE CLOSEFlat, Leasehold	19 Dec 2002	£84,950	First Sale
26 REDGRAVE CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 2003-2006	10 Sep 2004	£145,000	20.88%
	26 Jun 2003	£119,950	First Sale
82 REDGRAVE CLOSEFlat, LeaseholdArea: 64.6 Sq.mtrAge: 2003-2006	27 Aug 2004	£150,000	First Sale
88 REDGRAVE CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	27 Aug 2004	£119,950	First Sale
74 REDGRAVE CLOSETerraced, Freehold	27 Aug 2004	£169,950	First Sale
84 REDGRAVE CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	27 Aug 2004	£116,950	First Sale
86 REDGRAVE CLOSEFlat, LeaseholdArea: 51.5 Sq.mtrAge: 2003-2006	27 Aug 2004	£121,950	First Sale
90 REDGRAVE CLOSEFlat, LeaseholdArea: 58.57 Sq.mtr	27 Aug 2004	£121,950	First Sale
76 REDGRAVE CLOSETerraced, FreeholdArea: 109 Sq.mtrAge: 2003-2006	27 Aug 2004	£171,950	First Sale
2 REDGRAVE CLOSESemi-Detached, Freehold	13 Jun 2003	£157,950	First Sale
24 REDGRAVE CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 2003-2006	30 May 2003	£120,000	First Sale
10 REDGRAVE CLOSEFlat, LeaseholdArea: 57 Sq.mtrAge: 2007 onwards	11 Apr 2003	£89,950	First Sale
20 REDGRAVE CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	31 Mar 2003	£94,950	First Sale
28 REDGRAVE CLOSEFlat, LeaseholdArea: 54.25 Sq.mtrAge: 2003-2006	28 Mar 2003	£87,950	First Sale
64 REDGRAVE CLOSESemi-Detached, Freehold	06 Aug 2002	£105,950	10.42%
64 REDGRAVE CLOSESemi-Detached, Freehold	27 Jun 2002	£95,950	First Sale
56 REDGRAVE CLOSEDetached, Freehold	28 Jun 2002	£85,450	First Sale
62 REDGRAVE CLOSEDetached, Freehold	28 Jun 2002	£104,950	First Sale

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

REDGRAVE CLOSE, NE8 3JE Near By properties

Interactive Map

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

Flat
- The average price is around £87,755 median price is £93,000 Standard Deviation is £28,474 with Total Sold: 1,192
- The Last 5 Year average price is £86,996 with Total Sold: 215
- 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 , 19 : £17,000 (Sold on 02 May 1995)
Semi-Detached
- The average price is around £121,690 median price is £135,000 Standard Deviation is £44,688 with Total Sold: 352
- The Last 5 Year average price is £149,916 with Total Sold: 64
- 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 £136,977 median price is £150,000 Standard Deviation is £47,375 with Total Sold: 432
- The Last 5 Year average price is £152,131 with Total Sold: 83
- The most recent sale happened at this postcode is , 45 BISHOPS PARK ROAD: £193,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 33 BEECH STREET: £34,000 (Sold on 28 Apr 1995)
Other
- The average price is around £236,431 median price is £133,000 Standard Deviation is £240,389 with Total Sold: 36
- The Last 5 Year average price is £270,739 with Total Sold: 21
- 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 £156,309 median price is £165,000 Standard Deviation is £67,597 with Total Sold: 117
- The Last 5 Year average price is £226,659 with Total Sold: 11
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£81,560	£1,238	15
2023	£87,960	£1,481	43
2022	£91,143	£1,569	53
2021	£89,209	£1,561	40
2020	£82,450	£1,441	32
2019	£83,158	£1,417	32
2018	£82,989	£1,426	45
2017	£82,540	£1,473	28
2016	£93,112	£1,704	43
2015	£86,528	£1,383	34
2014	£89,745	£1,474	38
2013	£90,002	£1,637	32
2012	£88,653	£1,572	19
2011	£90,840	£1,578	20
2010	£91,052	£1,576	24
2009	£95,470	£1,666	24
2008	£112,760	£2,169	44
2007	£110,148	£1,928	87
2006	£99,040	£1,692	90
2005	£102,542	£1,791	78
2004	£104,226	£1,844	108
2003	£88,351	£1,549	84
2002	£75,884	£1,364	74
2001	£24,486	£438	14
2000	£28,888	£430	21
1999	£24,750	£426	16
1998	£30,019	£503	16
1997	£28,497	£610	18
1996	£26,317	£336	15
1995	£31,500	£627	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£152,417	£1,940	6
2023	£164,286	£1,807	7
2022	£150,171	£2,177	17
2021	£149,967	£2,047	15
2020	£143,430	£1,894	10
2019	£143,711	£1,941	9
2018	£141,400	£1,877	10
2017	£141,271	£2,194	7
2016	£151,429	£1,543	7
2015	£151,971	£1,809	24
2014	£136,789	£1,958	14
2013	£142,219	£1,621	8
2012	£123,811	£2,028	9
2011	£124,133	£1,693	15
2010	£139,383	£2,021	9
2009	£137,167	£1,833	3
2008	£156,142	£1,668	6
2007	£147,603	£1,955	15
2006	£149,312	£1,841	17
2005	£133,386	£1,785	14
2004	£137,729	£1,717	26
2003	£124,938	£1,464	24
2002	£81,821	£1,130	14
2001	£62,589	£910	9
2000	£52,109	£888	11
1999	£47,075	£651	12
1998	£45,415	£724	10
1997	£49,850	£744	10
1996	£30,661	£532	9
1995	£44,690	£640	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£116,929	£984	7
2023	£161,158	£1,647	19
2022	£155,429	£1,643	14
2021	£147,848	£1,601	13
2020	£158,420	£1,731	15
2019	£151,473	£1,492	15
2018	£151,231	£1,772	13
2017	£142,397	£1,414	15
2016	£162,682	£1,481	11
2015	£159,240	£1,492	15
2014	£142,343	£1,590	21
2013	£136,201	£1,441	31
2012	£152,449	£1,681	15
2011	£137,032	£1,395	11
2010	£137,523	£1,381	11
2009	£135,850	£1,733	10
2008	£163,942	£1,833	9
2007	£155,687	£1,610	15
2006	£153,902	£1,532	20
2005	£152,457	£1,552	37
2004	£155,383	£1,406	36
2003	£115,516	£1,201	28
2002	£81,897	£855	30
2001	£32,079	£439	7
2000	£32,500	£491	3
1999	£36,000	£293	1
1998	£20,167	£391	3
1997	£16,500	£226	2
1996	£16,500		2
1995	£30,333	£294	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£371,250	£1,864	2
2022	£103,000	£1,785	2
2021	£234,695	£957	4
2020	£320,833	£761	6
2019	£267,605	£1,037	7
2018	£156,333	£1,481	6
2017	£231,812	£1,595	5
2016	£202,983	£2,056	3
2014	£120,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£280,000	£2,947	1
2022	£225,000	£2,362	3
2021	£208,083	£3,134	3
2020	£248,000	£1,984	1
2019	£222,000	£1,869	3
2018	£270,000	£2,966	2
2017	£244,150	£1,558	3
2016	£187,500	£2,072	7
2015	£175,869	£1,584	8
2014	£177,560	£1,430	5
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	£184,950		1
2007	£177,256	£2,233	7
2006	£198,558	£2,078	6
2005	£162,500	£2,574	3
2004	£155,088	£2,116	8
2003	£162,509	£1,434	17
2002	£104,594	£1,187	8
2001	£61,150	£1,451	3
2000	£57,550		3
1999	£56,750	£1,143	2
1998	£52,833	£1,100	6
1997	£50,700	£982	5
1996	£65,875		4

House Type in NE8 3JE area

The most common house types in the NE8 3JE postcode area are Flat (50), Terraced (26), and Semi-detached (19).

Total	101
Flat	50
Terraced	26
Semi-detached	19
Detached	6
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (54), and Owned: Owns with a mortgage or loan (32).

Private rented: Private landlord or letting agency	54
Owned: Owns with a mortgage or loan	32
Owned: Owns outright	13
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE8 3JE have 2 people in household (40), and 1 person in household (34).

2 people in household	40
1 person in household	34
3 people in household	12
4 people in household	9
5 people in household	3
7 people in household	2
0 people in household	0
6 people in household	0
8 or more people in household	0