Housing Market Analysis for NE8 3LF

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 3LF Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £150,507 median price is £159,950 Standard Deviation is £68,731 with Total Sold: 157
      • The Last 5 Year average price is £222,958 with Total Sold: 18
      • The most recent sale happened at this postcode is , 29 ST EDMUNDS COURT: £225,000 (Sold on 23 Sep 2024)
      • The first recorded sale happened at this postcode is , EAST CEMETERY LODGE SUNDERLAND ROAD: £70,000 (Sold on 13 Apr 1995)
    • Flat
      • The average price is around £80,187 median price is £87,000 Standard Deviation is £33,574 with Total Sold: 1,643
      • The Last 5 Year average price is £95,708 with Total Sold: 323
      • 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 , 6 KING EDWARD STREET: £20,000 (Sold on 06 Mar 1995)
    • Terraced
      • The average price is around £110,502 median price is £110,000 Standard Deviation is £54,114 with Total Sold: 681
      • The Last 5 Year average price is £128,136 with Total Sold: 124
      • The most recent sale happened at this postcode is , 17 RICHMOND COURT: £130,000 (Sold on 29 Aug 2024)
      • The first recorded sale happened at this postcode is , 11 MARLOWE GARDENS: £42,000 (Sold on 10 Feb 1995)
    • Semi-Detached
      • The average price is around £115,056 median price is £127,500 Standard Deviation is £46,881 with Total Sold: 380
      • The Last 5 Year average price is £146,255 with Total Sold: 65
      • 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)
    • Other
      • The average price is around £355,264 median price is £126,000 Standard Deviation is £771,628 with Total Sold: 47
      • The Last 5 Year average price is £262,818 with Total Sold: 29
      • 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 , BIRCHDALE NURSING HOME MOORE STREET: £599,998 (Sold on 16 Nov 2015)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£225,0001
    2023£280,000 £2,947 1
    2022£215,833 £2,165 6
    2021£213,562 £2,868 4
    2020£239,000 £1,975 2
    2019£220,250 £1,886 4
    2018£270,000 £2,966 2
    2017£244,150 £1,558 3
    2016£186,500 £1,955 9
    2015£175,869 £1,584 8
    2014£186,180 £1,470 5
    2013£197,000 £1,736 2
    2012£201,500 £1,467 2
    2011£201,000 £1,692 2
    2010£191,475 £1,855 4
    2008£187,983 £1,577 3
    2007£172,663 £2,040 11
    2006£187,231 £1,950 8
    2005£176,875 £2,332 4
    2004£150,336 £2,005 11
    2003£156,258 £1,434 18
    2002£101,028 £1,070 9
    2001£73,462 £1,451 8
    2000£64,511 £708 7
    1999£59,350 £804 5
    1998£55,417 £1,100 6
    1997£49,786 £982 7
    1996£57,1663
    1995£65,0002
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£89,522 £1,271 18
    2023£114,074 £2,470 125
    2022£87,747 £1,509 58
    2021£86,274 £1,474 49
    2020£77,905 £1,342 38
    2019£79,030 £1,336 35
    2018£56,775 £1,163 140
    2017£80,987 £1,408 26
    2016£81,352 £1,364 32
    2015£79,408 £1,257 44
    2014£80,507 £1,314 44
    2013£87,340 £1,604 34
    2012£80,865 £1,409 26
    2011£86,398 £1,503 28
    2010£83,256 £1,500 25
    2009£96,729 £1,705 20
    2008£105,823 £1,951 51
    2007£96,832 £1,633 118
    2006£90,590 £1,541 128
    2005£90,979 £1,557 114
    2004£94,634 £1,684 138
    2003£75,506 £1,301 109
    2002£65,404 £1,167 90
    2001£20,207 £329 28
    2000£23,989 £343 33
    1999£22,863 £349 22
    1998£25,888 £411 24
    1997£28,789 £548 18
    1996£22,521 £274 21
    1995£27,536 £443 7
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£116,500 £1,156 9
    2023£142,435 £1,553 22
    2022£133,783 £1,614 23
    2021£120,963 £1,482 25
    2020£124,391 £1,452 22
    2019£124,745 £1,327 23
    2018£122,533 £1,427 15
    2017£126,088 £1,245 17
    2016£133,725 £1,459 20
    2015£140,997 £1,426 16
    2014£139,293 £1,394 13
    2013£120,755 £1,318 21
    2012£133,028 £1,646 16
    2011£122,803 £1,308 16
    2010£112,750 £1,200 21
    2009£117,607 £1,434 14
    2008£126,387 £1,597 24
    2007£141,904 £1,687 48
    2006£129,453 £1,375 33
    2005£130,332 £1,472 57
    2004£130,737 £1,252 48
    2003£90,980 £1,048 49
    2002£67,342 £755 48
    2001£31,912 £494 17
    2000£32,262 £421 13
    1999£28,000 £399 10
    1998£25,417 £370 9
    1997£29,929 £240 11
    1996£31,375 £316 8
    1995£33,442 £487 13
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£147,400 £1,940 5
    2023£178,667 £1,926 6
    2022£144,122 £2,157 20
    2021£148,529 £2,021 17
    2020£130,518 £1,785 11
    2019£142,400 £1,973 6
    2018£141,400 £1,877 10
    2017£139,238 £2,180 8
    2016£149,020 £1,469 5
    2015£152,582 £1,764 17
    2014£135,738 £2,115 8
    2013£136,993 £1,502 7
    2012£130,538 £2,174 8
    2011£124,133 £1,693 15
    2010£136,945 £2,021 10
    2009£135,083 £1,647 6
    2008£156,142 £1,668 6
    2007£154,033 £2,034 18
    2006£140,202 £1,841 21
    2005£124,661 £1,727 18
    2004£131,515 £1,668 30
    2003£119,210 £1,410 26
    2002£73,444 £1,127 18
    2001£59,130 £862 10
    2000£52,165 £848 13
    1999£48,459 £630 16
    1998£43,989 £708 14
    1997£46,785 £739 12
    1996£35,596 £578 12
    1995£43,279 £640 7
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£371,250 £1,864 2
    2022£166,167 £2,074 6
    2021£333,111 £925 7
    2020£290,833 £1,366 6
    2019£225,679 £1,037 8
    2018£844,375 £31,547 8
    2017£196,334 £2,506 8
    2016£150,0001
    2015£599,9981

    House Type in NE8 3LF area

    The most common house types in the NE8 3LF postcode area are Flat (62), Terraced (10), and Shared house (3).

    Total79
    Flat62
    Terraced10
    Shared house3
    Detached2
    Semi-detached2
    converted building0
    commercial 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 (48), and Social rented: Other social rented (12).

    Social rented: Rents from council or Local Authority48
    Social rented: Other social rented12
    Owned: Owns outright8
    Private rented: Private landlord or letting agency8
    Owned: Owns with a mortgage or loan5
    Private rented: Other private rented2
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE8 3LF have 1 person in household (51), and 2 people in household (16).

    1 person in household51
    2 people in household16
    4 people in household6
    3 people in household5
    5 people in household3
    8 or more people in household1
    0 people in household0
    6 people in household0
    7 people in household0