Housing Market Analysis for KING EDWARD PLACE, NE8 3PS

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £72,475 median price is £72,475 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 KING EDWARD PLACE: £72,475 (Sold on 12 Dec 2003)
    • The first recorded sale happened at this postcode is 2 KING EDWARD PLACE: £72,475 (Sold on 12 Dec 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 3PS 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£72,475 £1,021 1

All the Sales in the KING EDWARD PLACE, NE8 3PS

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

AddressSold DatePrice% Change
2 KING EDWARD PLACETerraced, FreeholdArea: 71 Sq.mtrAge: 1900-192912 Dec 2003£72,475First Sale

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

KING EDWARD PLACE, NE8 3PS Near By properties

Interactive Map

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

  • Detached
    • The average price is around £144,498 median price is £156,750 Standard Deviation is £58,115 with Total Sold: 118
    • The Last 5 Year average price is £210,661 with Total Sold: 14
    • 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)
  • Terraced
    • The average price is around £103,964 median price is £100,000 Standard Deviation is £53,834 with Total Sold: 735
    • The Last 5 Year average price is £124,562 with Total Sold: 146
    • The most recent sale happened at this postcode is , 5 GOWER WALK: £145,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 46 : £16,000 (Sold on 28 Feb 1995)
  • Flat
    • The average price is around £68,695 median price is £68,000 Standard Deviation is £35,285 with Total Sold: 1,322
    • The Last 5 Year average price is £76,323 with Total Sold: 201
    • The most recent sale happened at this postcode is , 21 SANDERSON VILLAS: £80,000 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , 34 ASHER STREET: £23,500 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £106,563 median price is £122,000 Standard Deviation is £48,931 with Total Sold: 429
    • The Last 5 Year average price is £135,440 with Total Sold: 91
    • The most recent sale happened at this postcode is , 4 BISHOPS PARK ROAD: £167,500 (Sold on 25 Jul 2024)
    • The first recorded sale happened at this postcode is , 78 HENDON ROAD: £26,500 (Sold on 02 Jun 1995)
  • Other
    • The average price is around £454,863 median price is £73,000 Standard Deviation is £1,428,929 with Total Sold: 33
    • The Last 5 Year average price is £61,076 with Total Sold: 20
    • The most recent sale happened at this postcode is , 2 ASHER STREET: £39,999 (Sold on 16 May 2024)
    • The first recorded sale happened at this postcode is , FELLINGATE CARE CENTRE FOX STREET: £5,970,000 (Sold on 13 Nov 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,0001
2022£206,666 £1,894 3
2021£213,562 £2,868 4
2020£239,000 £1,975 2
2019£193,000 £1,709 4
2018£181,250 £1,731 4
2017£249,950 £1,666 1
2016£176,929 £1,810 7
2015£167,369 £1,454 8
2014£167,536 £1,444 7
2013£159,875 £1,449 8
2012£157,667 £1,388 3
2010£182,950 £1,664 1
2009£170,000 £3,048 1
2008£187,983 £1,577 3
2007£161,130 £2,090 10
2006£176,600 £1,781 4
2005£174,375 £2,150 4
2004£140,043 £1,602 7
2003£113,400 £1,596 7
2002£94,500 £868 4
2001£68,525 £937 8
2000£65,135 £708 5
1999£61,083 £635 3
1998£61,0002
1997£46,3333
1996£46,0002
1995£65,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£116,441 £1,151 17
2023£152,636 £1,760 22
2022£141,822 £1,656 21
2021£113,917 £1,460 30
2020£117,222 £1,475 23
2019£113,840 £1,254 33
2018£129,017 £1,488 26
2017£109,753 £1,268 27
2016£112,464 £1,320 14
2015£147,237 £1,376 26
2014£139,860 £1,413 31
2013£129,435 £1,291 43
2012£122,890 £1,467 28
2011£121,196 £1,272 12
2010£109,988 £1,189 20
2009£140,606 £2,080 17
2008£129,510 £2,293 18
2007£123,700 £1,597 27
2006£122,500 £1,413 31
2005£120,923 £1,433 60
2004£104,470 £1,107 33
2003£53,865 £743 38
2002£44,293 £543 48
2001£33,212 £490 21
2000£31,939 £473 18
1999£32,062 £428 8
1998£28,432 £412 11
1997£26,096 £226 8
1996£28,955 £371 11
1995£31,288 £535 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£67,395 £912 10
2023£77,886 £1,231 52
2022£85,022 £1,392 41
2021£77,756 £1,285 33
2020£69,018 £1,168 34
2019£71,563 £1,163 31
2018£73,374 £1,211 44
2017£74,280 £1,303 29
2016£80,554 £1,379 51
2015£70,669 £1,085 44
2014£75,481 £1,170 36
2013£85,434 £1,543 29
2012£82,804 £1,363 26
2011£85,960 £1,482 19
2010£82,142 £1,368 24
2009£92,694 £1,391 22
2008£102,879 £1,859 51
2007£94,419 £1,573 115
2006£82,574 £1,313 118
2005£77,015 £1,298 109
2004£77,266 £1,296 97
2003£53,487 £917 60
2002£31,476 £540 50
2001£16,919 £262 36
2000£15,562 £237 36
1999£15,545 £212 22
1998£17,139 £287 28
1997£17,964 £252 21
1996£17,947 £246 37
1995£19,324 £292 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£138,312 £1,940 8
2023£130,651 £1,543 11
2022£144,548 £2,025 23
2021£142,909 £1,843 19
2020£123,269 £1,620 16
2019£126,373 £1,918 14
2018£119,425 £1,588 14
2017£120,700 £1,498 10
2016£118,077 £1,657 13
2015£141,824 £1,713 27
2014£133,313 £1,809 19
2013£132,065 £1,660 13
2012£116,937 £1,716 15
2011£97,731 £1,231 13
2010£130,994 £1,957 9
2009£129,181 £2,127 13
2008£149,176 £2,500 17
2007£122,390 £1,521 12
2006£117,807 £1,534 14
2005£103,472 £1,362 18
2004£118,843 £1,240 14
2003£98,555 £1,156 20
2002£47,945 £676 21
2001£42,962 £742 16
2000£34,718 £604 11
1999£39,125 £472 12
1998£39,262 £595 12
1997£37,616 £595 8
1996£30,001 £443 11
1995£35,917 £488 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£39,8333
2023£4,0001
2022£69,893 £1,078 7
2021£36,260 £583 3
2020£106,250 £1,366 4
2019£37,500 £480 2
2018£77,800 £1,124 5
2017£1,659,000 £2,506 4
2016£96,975 £1,682 2
2015£3,284,9992

House Type in NE8 3PS area

The most common house types in the NE8 3PS postcode area are Flat (62), Shared house (29), and Terraced (15).

Total113
Flat62
Shared house29
Terraced15
Semi-detached6
commercial building1
Detached0
converted 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 (65), and Owned: Owns with a mortgage or loan (17).

Private rented: Private landlord or letting agency65
Owned: Owns with a mortgage or loan17
Owned: Owns outright16
Private rented: Other private rented6
Social rented: Other social rented5
Social rented: Rents from council or Local Authority2
Lives rent free2
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE8 3PS have 1 person in household (56), and 2 people in household (33).

1 person in household56
2 people in household33
3 people in household14
4 people in household4
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0