Housing Market Analysis for KINGS CLOSE, NE8 3PW

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

Overview of Sold House prices

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

Terraced
- The average price is around £66,947 median price is £60,000 Standard Deviation is £25,305 with Total Sold: 19
- The Last 5 Year average price is £77,700 with Total Sold: 5
- The most recent sale happened at this postcode is 6 KINGS CLOSE: £95,000 (Sold on 22 May 2023)
- The first recorded sale happened at this postcode is 14 KINGS CLOSE: £39,500 (Sold on 13 Apr 1995)
Semi-Detached
- The average price is around £39,667 median price is £33,000 Standard Deviation is £13,123 with Total Sold: 3
- The most recent sale happened at this postcode is 9 KINGS CLOSE: £58,000 (Sold on 21 May 2004)
- The first recorded sale happened at this postcode is 9 KINGS CLOSE: £33,000 (Sold on 29 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 3PW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£95,000	£1,979	1
2021	£75,333	£1,686	3
2019	£67,500	£1,436	1
2016	£86,000	£1,246	1
2010	£95,000	£1,511	1
2008	£95,000		1
2007	£102,000		1
2005	£98,000		1
2004	£74,000	£1,542	1
2003	£51,000		1
2002	£50,000		2
1999	£36,000	£750	1
1997	£36,000		1
1996	£37,000		1
1995	£36,750	£637	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£58,000	£1,089	1
2001	£28,000	£526	1
1996	£33,000	£620	1

All the Sales in the KINGS CLOSE, NE8 3PW

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

Address	Sold Date	Price	% Change
6 KINGS CLOSETerraced, FreeholdArea: 48 Sq.mtrAge: 1983-1990	22 May 2023	£95,000	28.38%
	09 Jul 2004	£74,000	105.56%
	20 Aug 1999	£36,000	First Sale
13 KINGS CLOSETerraced, Leasehold	08 Feb 2021	£60,000	0.0
13 KINGS CLOSETerraced, Leasehold	08 Feb 2021	£60,000	First Sale
14 KINGS CLOSETerraced, FreeholdArea: 62.88 Sq.mtrAge: 1983-1990	05 Jan 2021	£106,000	11.58%
	10 Aug 2010	£95,000	140.51%
	13 Apr 1995	£39,500	First Sale
22 KINGS CLOSETerraced, FreeholdArea: 47 Sq.mtrAge: 1983-1990	26 Jul 2019	£67,500	First Sale
21 KINGS CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1983-1990	06 Jan 2016	£86,000	First Sale
15 KINGS CLOSETerraced, Freehold	10 Jun 2008	£95,000	-3.06%
15 KINGS CLOSETerraced, Freehold	28 Oct 2005	£98,000	First Sale
7 KINGS CLOSETerraced, Freehold	17 Aug 2007	£102,000	100.00%
	15 Jan 2003	£51,000	41.67%
	11 Dec 1997	£36,000	First Sale
9 KINGS CLOSESemi-Detached, FreeholdArea: 53.24 Sq.mtrAge: 1983-1990	21 May 2004	£58,000	107.14%
	11 Jul 2001	£28,000	-15.15%
	29 Mar 1996	£33,000	First Sale
18 KINGS CLOSETerraced, Freehold	06 Dec 2002	£57,000	First Sale
23 KINGS CLOSETerraced, Freehold	22 Nov 2002	£43,000	26.47%
23 KINGS CLOSETerraced, Freehold	27 Oct 1995	£34,000	First Sale
16 KINGS CLOSETerraced, Freehold	29 Mar 1996	£37,000	First Sale

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

KINGS CLOSE, NE8 3PW Near By properties

Interactive Map

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

Detached
- The average price is around £149,951 median price is £159,950 Standard Deviation is £61,316 with Total Sold: 130
- The Last 5 Year average price is £216,897 with Total Sold: 17
- 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 £71,135 median price is £75,000 Standard Deviation is £35,020 with Total Sold: 1,342
- The Last 5 Year average price is £77,285 with Total Sold: 207
- 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 , 34 ASHER STREET: £23,500 (Sold on 27 Jan 1995)
Terraced
- The average price is around £107,665 median price is £106,000 Standard Deviation is £54,430 with Total Sold: 729
- The Last 5 Year average price is £128,929 with Total Sold: 147
- 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)
Semi-Detached
- The average price is around £107,702 median price is £124,950 Standard Deviation is £48,916 with Total Sold: 432
- The Last 5 Year average price is £135,922 with Total Sold: 89
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,000		1
2023	£280,000	£2,947	1
2022	£213,750	£2,032	4
2021	£213,562	£2,868	4
2020	£239,000	£1,975	2
2019	£199,000	£1,805	5
2018	£217,000	£2,143	5
2017	£249,950	£1,666	1
2016	£176,929	£1,810	7
2015	£171,217	£1,526	9
2014	£167,536	£1,444	7
2013	£159,875	£1,449	8
2012	£157,667	£1,388	3
2011	£180,000	£1,765	1
2010	£182,950	£1,664	1
2009	£170,000	£3,048	1
2008	£187,983	£1,577	3
2007	£167,209	£2,130	11
2006	£172,733	£2,062	6
2005	£174,375	£2,150	4
2004	£140,043	£1,602	7
2003	£117,065	£1,469	10
2002	£92,790	£1,188	5
2001	£68,525	£937	8
2000	£66,950	£708	4
1999	£61,083	£635	3
1998	£61,000		2
1997	£46,333		3
1996	£46,000		2
1995	£65,000		2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£70,996	£912	12
2023	£78,180	£1,240	53
2022	£84,812	£1,413	43
2021	£79,044	£1,322	33
2020	£71,504	£1,204	34
2019	£72,373	£1,163	32
2018	£75,306	£1,258	44
2017	£75,690	£1,345	27
2016	£80,996	£1,395	53
2015	£73,511	£1,133	43
2014	£77,784	£1,221	39
2013	£85,753	£1,546	30
2012	£82,804	£1,363	26
2011	£85,960	£1,482	19
2010	£83,515	£1,368	26
2009	£92,196	£1,405	27
2008	£101,518	£1,853	54
2007	£94,625	£1,579	117
2006	£84,911	£1,373	120
2005	£78,482	£1,338	106
2004	£80,956	£1,371	101
2003	£61,825	£1,064	71
2002	£36,780	£656	52
2001	£17,161	£265	34
2000	£14,871	£237	33
1999	£15,666	£213	21
1998	£16,848	£283	27
1997	£19,767	£294	15
1996	£17,669	£247	34
1995	£19,094	£284	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£116,531	£1,151	16
2023	£158,208	£1,752	24
2022	£144,148	£1,660	22
2021	£118,485	£1,477	31
2020	£122,444	£1,494	25
2019	£116,748	£1,290	29
2018	£131,778	£1,528	25
2017	£115,264	£1,312	24
2016	£112,464	£1,320	14
2015	£147,237	£1,376	26
2014	£145,388	£1,466	32
2013	£130,935	£1,303	43
2012	£125,819	£1,531	28
2011	£127,668	£1,328	11
2010	£113,708	£1,251	18
2009	£140,606	£2,080	17
2008	£132,167	£2,255	19
2007	£124,788	£1,577	24
2006	£125,485	£1,439	30
2005	£122,128	£1,456	58
2004	£111,858	£1,175	36
2003	£73,171	£884	46
2002	£46,112	£575	44
2001	£33,212	£490	21
2000	£31,278	£489	16
1999	£32,062	£428	8
1998	£28,432	£412	11
1997	£26,096	£226	8
1996	£27,125	£371	12
1995	£31,614	£535	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£143,786	£1,940	7
2023	£130,651	£1,543	11
2022	£144,548	£2,025	23
2021	£143,738	£1,828	18
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	£121,333	£1,701	12
2015	£141,824	£1,713	27
2014	£135,167	£1,843	18
2013	£134,061	£1,648	14
2012	£116,937	£1,716	15
2011	£97,731	£1,231	13
2010	£130,994	£1,957	9
2009	£134,279	£2,242	12
2008	£150,331	£2,444	18
2007	£125,663	£1,521	13
2006	£120,487	£1,534	15
2005	£103,472	£1,362	18
2004	£121,481	£1,374	16
2003	£102,172	£1,163	23
2002	£47,945	£676	21
2001	£44,160	£800	15
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£39,833		3
2023	£4,000		1
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	£3,284,999		2

House Type in NE8 3PW area

The most common house types in the NE8 3PW postcode area are Flat (50), Terraced (31), and Shared house (9).

Total	99
Flat	50
Terraced	31
Shared house	9
Semi-detached	6
Detached	2
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (27), and Owned: Owns outright (26).

Social rented: Rents from council or Local Authority	27
Owned: Owns outright	26
Private rented: Private landlord or letting agency	24
Owned: Owns with a mortgage or loan	15
Social rented: Other social rented	3
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE8 3PW have 1 person in household (44), and 2 people in household (40).

1 person in household	44
2 people in household	40
3 people in household	7
5 people in household	6
4 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0