Housing Market Analysis for NE8 3JL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 3JL Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £134,570 median price is £133,000 Standard Deviation is £59,496 with Total Sold: 869
      • The Last 5 Year average price is £133,881 with Total Sold: 178
      • The most recent sale happened at this postcode is 103, BALTIC QUAY MILL ROAD: £86,000 (Sold on 03 Sep 2024)
      • The first recorded sale happened at this postcode is , 34 CHAUCER CLOSE: £34,000 (Sold on 30 Jun 1995)
    • Other
      • The average price is around £720,241 median price is £289,100 Standard Deviation is £1,138,947 with Total Sold: 38
      • The Last 5 Year average price is £593,841 with Total Sold: 19
      • The most recent sale happened at this postcode is , 245 HIGH STREET: £400,000 (Sold on 12 Dec 2023)
      • The first recorded sale happened at this postcode is , UNITED SERVICES CLUB MULGRAVE TERRACE: £210,000 (Sold on 04 Sep 2014)
    • Semi-Detached
      • The average price is around £89,076 median price is £87,000 Standard Deviation is £39,547 with Total Sold: 48
      • The Last 5 Year average price is £136,636 with Total Sold: 7
      • The most recent sale happened at this postcode is , 61 CHAUCER CLOSE: £165,000 (Sold on 01 Dec 2023)
      • 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 £120,347 median price is £94,500 Standard Deviation is £133,863 with Total Sold: 42
      • The Last 5 Year average price is £118,535 with Total Sold: 5
      • The most recent sale happened at this postcode is , 14 REGENT TERRACE: £140,000 (Sold on 14 Nov 2023)
      • The first recorded sale happened at this postcode is , 15A WALKER TERRACE: £72,500 (Sold on 27 Jun 1995)
    • Detached
      • The average price is around £141,481 median price is £125,250 Standard Deviation is £113,568 with Total Sold: 18
      • The Last 5 Year average price is £172,417 with Total Sold: 3
      • The most recent sale happened at this postcode is , 50 CHAUCER CLOSE: £190,000 (Sold on 11 Mar 2022)
      • The first recorded sale happened at this postcode is , 232 - 240 HIGH STREET: £527,000 (Sold on 01 May 1997)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£132,425 £1,958 10
    2023£133,738 £2,974 94
    2022£157,935 £2,206 23
    2021£117,482 £2,011 14
    2020£127,179 £1,918 17
    2019£124,795 £2,066 20
    2018£67,093 £1,290 113
    2017£146,622 £2,114 18
    2016£144,471 £2,071 19
    2015£125,406 £1,959 16
    2014£126,521 £1,864 16
    2013£131,857 £2,107 7
    2012£137,921 £2,078 7
    2011£92,429 £1,798 7
    2010£127,313 £1,993 15
    2009£126,400 £1,771 5
    2008£169,492 £2,793 6
    2007£153,627 £2,562 75
    2006£165,574 £2,329 76
    2005£153,399 £2,455 136
    2004£133,945 £2,176 28
    2003£170,659 £2,571 119
    2002£9,5001
    2001£42,950 £758 1
    2000£37,117 £665 6
    1999£36,165 £727 3
    1998£35,975 £643 4
    1997£35,992 £674 6
    1996£36,000 £587 5
    1995£35,000 £631 2
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£415,0003
    2022£662,500 £1,538 4
    2021£285,1964
    2020£730,0001
    2019£788,1717
    2018£1,342,312 £121,744 8
    2017£677,9466
    2016£340,0003
    2015£50,0001
    2014£210,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£165,000 £2,538 1
    2022£117,500 £1,879 2
    2021£131,750 £2,253 2
    2019£146,475 £2,140 2
    2018£135,000 £1,955 1
    2017£98,000 £1,741 1
    2015£148,000 £2,277 1
    2011£115,500 £1,533 3
    2010£88,500 £1,641 1
    2007£173,0001
    2006£109,667 £1,630 3
    2005£116,500 £1,969 2
    2004£92,250 £1,624 6
    2003£81,500 £1,281 2
    2002£86,500 £1,253 1
    2001£54,5001
    2000£51,550 £672 4
    1999£56,983 £845 3
    1998£46,233 £742 3
    1997£49,7252
    1996£36,817 £610 3
    1995£61,6503
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£96,3382
    2021£200,0001
    2019£100,0002
    2017£54,5001
    2016£118,0001
    2015£102,6673
    2012£160,6502
    2008£280,4605
    2007£151,5752
    2006£74,667 £1,808 3
    2005£147,5002
    2004£105,000 £988 3
    2003£118,390 £1,013 5
    2002£58,983 £1,138 3
    2001£99,500 £409 1
    2000£54,0001
    1998£10,0001
    1997£37,5001
    1996£39,1252
    1995£72,5001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£158,625 £2,879 2
    2021£200,0001
    2016£114,000 £2,533 1
    2012£47,000 £783 1
    2008£167,5001
    2007£160,000 £2,378 1
    2006£280,0001
    2005£125,000 £2,280 1
    2004£142,725 £3,299 2
    2000£73,9501
    1999£54,000 £1,143 2
    1998£44,250 £1,156 2
    1997£290,000 £967 2

    House Type in NE8 3JL area

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