Housing Market Analysis for NE8 3JW

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 3JW Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £103,867 median price is £88,000 Standard Deviation is £90,451 with Total Sold: 123
      • The Last 5 Year average price is £139,070 with Total Sold: 24
      • 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 , 15A WALKER TERRACE: £72,500 (Sold on 27 Jun 1995)
    • Semi-Detached
      • The average price is around £98,800 median price is £89,250 Standard Deviation is £43,266 with Total Sold: 106
      • The Last 5 Year average price is £137,579 with Total Sold: 12
      • 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)
    • Flat
      • The average price is around £107,388 median price is £124,475 Standard Deviation is £51,216 with Total Sold: 554
      • The Last 5 Year average price is £124,626 with Total Sold: 131
      • The most recent sale happened at this postcode is 7, CHAD HOUSE SUNDERLAND ROAD: £130,000 (Sold on 15 Mar 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 £574,177 median price is £267,500 Standard Deviation is £1,025,967 with Total Sold: 46
      • The Last 5 Year average price is £515,395 with Total Sold: 24
      • 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)
    • Detached
      • The average price is around £113,826 median price is £73,950 Standard Deviation is £94,810 with Total Sold: 31
      • 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 , 126 CHAUCER CLOSE: £54,500 (Sold on 23 Aug 1996)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£178,2502
    2023£96,3382
    2022£170,000 £1,245 3
    2021£163,500 £1,425 5
    2020£128,500 £891 5
    2019£116,929 £1,223 7
    2018£98,000 £1,485 1
    2017£125,362 £1,280 4
    2016£76,825 £739 6
    2015£129,667 £1,399 6
    2014£119,748 £1,101 3
    2012£126,825 £953 4
    2011£108,333 £1,169 3
    2010£50,0001
    2009£76,000 £853 2
    2008£184,825 £1,188 10
    2007£154,717 £1,268 3
    2006£96,714 £1,174 7
    2005£154,500 £869 4
    2004£92,590 £984 5
    2003£95,674 £787 9
    2002£55,790 £835 5
    2001£63,000 £409 2
    2000£42,742 £427 6
    1999£32,000 £395 2
    1998£25,125 £290 4
    1997£39,750 £211 2
    1996£33,673 £261 7
    1995£44,500 £412 3
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£178,0001
    2023£165,000 £2,538 1
    2022£136,667 £2,241 3
    2021£130,250 £2,242 4
    2020£84,000 £1,527 1
    2019£146,475 £2,140 2
    2018£143,500 £1,711 5
    2017£129,475 £2,387 4
    2016£170,000 £872 1
    2015£148,000 £2,277 1
    2012£116,650 £2,053 2
    2011£122,000 £1,823 7
    2010£123,250 £1,682 2
    2009£110,000 £1,467 1
    2008£147,7502
    2007£161,988 £2,286 4
    2006£122,000 £1,765 5
    2005£120,900 £1,903 5
    2004£110,278 £1,701 9
    2003£83,362 £1,404 4
    2002£76,700 £1,196 6
    2001£61,588 £890 4
    2000£54,025 £799 8
    1999£52,843 £761 7
    1998£48,300 £742 4
    1997£52,900 £774 5
    1996£38,988 £710 4
    1995£54,612 £598 4
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£115,707 £1,713 7
    2023£136,045 £3,192 77
    2022£103,769 £1,721 13
    2021£104,458 £1,802 12
    2020£109,605 £1,682 10
    2019£111,833 £1,777 12
    2018£50,758 £1,136 97
    2017£135,212 £2,009 8
    2016£123,723 £1,837 11
    2015£118,857 £1,641 7
    2014£110,707 £1,637 7
    2013£132,333 £2,298 3
    2012£109,983 £2,049 3
    2011£78,400 £1,381 5
    2010£98,800 £1,709 10
    2009£101,625 £1,489 4
    2008£104,390 £1,689 5
    2007£151,133 £2,563 65
    2006£150,863 £2,222 63
    2005£142,522 £2,169 44
    2004£113,776 £1,778 25
    2003£75,050 £1,313 7
    2002£39,817 £893 3
    2001£43,612 £754 4
    2000£37,596 £667 12
    1999£36,424 £686 8
    1998£36,845 £660 11
    1997£35,768 £660 11
    1996£35,667 £580 6
    1995£35,125 £627 4
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£336,875 £1,864 4
    2022£662,500 £1,538 4
    2021£294,798 £1,873 6
    2020£415,000 £1,205 2
    2019£721,6508
    2018£869,500 £32,091 10
    2017£583,4598
    2016£210,0002
    2015£50,0001
    2014£210,0001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£158,625 £2,879 2
    2021£200,0001
    2016£117,000 £2,543 2
    2012£47,000 £783 1
    2008£167,5001
    2007£160,000 £2,378 1
    2006£280,0001
    2005£125,000 £2,280 1
    2004£141,150 £3,040 3
    2003£139,0001
    2001£77,5001
    2000£62,9502
    1999£57,833 £1,143 3
    1998£52,625 £1,100 4
    1997£147,300 £982 5
    1996£55,7502

    House Type in NE8 3JW area

    The most common house types in the NE8 3JW postcode area are Flat (67), commercial building (6), and Semi-detached (3).

    Total80
    Flat67
    commercial building6
    Semi-detached3
    Shared house3
    Detached1
    Terraced0
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (61), and Private rented: Private landlord or letting agency (10).

    Social rented: Rents from council or Local Authority61
    Private rented: Private landlord or letting agency10
    Private rented: Other private rented3
    Owned: Owns with a mortgage or loan2
    Owned: Owns outright1
    Social rented: Other social rented1
    Lives rent free1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the NE8 3JW have 1 person in household (61), and 2 people in household (12).

    1 person in household61
    2 people in household12
    4 people in household4
    3 people in household3
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0