Housing Market Analysis for THE RISE, NE8 3PZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £44,571 median price is £39,999 Standard Deviation is £15,056 with Total Sold: 7
    • The most recent sale happened at this postcode is 8 THE RISE: £39,999 (Sold on 31 Aug 2017)
    • The first recorded sale happened at this postcode is 16 THE RISE: £38,500 (Sold on 26 Apr 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 3PZ 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
2017£39,9991
2005£76,5001
2003£54,0001
2001£42,500 £506 1
2000£28,5001
1996£35,250 £458 2

All the Sales in the THE RISE, NE8 3PZ

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

AddressSold DatePrice% Change
8 THE RISETerraced, Freehold31 Aug 2017£39,999-47.71%
24 Oct 2005£76,500168.42%
03 Mar 2000£28,500First Sale
12 THE RISETerraced, Freehold07 Mar 2003£54,000First Sale
16 THE RISETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-197502 Feb 2001£42,50010.39%
26 Apr 1996£38,500First Sale
14 THE RISETerraced, Freehold05 Jul 1996£32,000First Sale

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

THE RISE, NE8 3PZ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £143,570 median price is £159,950 Standard Deviation is £58,656 with Total Sold: 105
    • The Last 5 Year average price is £209,916 with Total Sold: 12
    • 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 £104,496 median price is £100,000 Standard Deviation is £54,586 with Total Sold: 627
    • The Last 5 Year average price is £126,236 with Total Sold: 125
    • 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 £66,721 median price is £65,000 Standard Deviation is £35,570 with Total Sold: 1,102
    • The Last 5 Year average price is £75,395 with Total Sold: 172
    • 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 £104,887 median price is £120,000 Standard Deviation is £48,797 with Total Sold: 412
    • The Last 5 Year average price is £134,393 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 £483,621 median price is £73,000 Standard Deviation is £1,396,707 with Total Sold: 35
    • The Last 5 Year average price is £123,561 with Total Sold: 21
    • 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£212,000 £1,887 2
2020£239,000 £1,975 2
2019£193,000 £1,709 4
2018£181,667 £1,594 3
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£161,811 £1,973 9
2006£176,600 £1,781 4
2005£194,167 £2,349 3
2004£140,080 £1,648 5
2003£95,317 £1,886 3
2002£94,500 £868 4
2001£68,525 £937 8
2000£66,950 £708 4
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£120,607 £1,167 14
2023£158,194 £1,828 18
2022£140,360 £1,698 16
2021£115,943 £1,463 26
2020£116,088 £1,451 24
2019£118,411 £1,279 27
2018£134,394 £1,540 24
2017£108,097 £1,305 19
2016£111,000 £1,365 12
2015£145,381 £1,359 24
2014£144,237 £1,483 26
2013£135,264 £1,343 39
2012£123,071 £1,486 27
2011£119,428 £1,270 9
2010£121,843 £1,280 14
2009£148,236 £2,269 14
2008£126,542 £2,355 16
2007£121,196 £1,518 25
2006£126,983 £1,419 23
2005£120,369 £1,492 49
2004£96,505 £1,039 29
2003£53,886 £769 33
2002£39,465 £525 39
2001£32,972 £501 20
2000£31,278 £489 16
1999£31,214 £429 7
1998£29,139 £448 9
1997£23,962 £136 6
1996£28,955 £371 11
1995£31,159 £528 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£67,395 £912 10
2023£76,396 £1,186 43
2022£82,311 £1,350 35
2021£78,309 £1,275 29
2020£68,302 £1,145 27
2019£71,891 £1,195 28
2018£70,204 £1,169 34
2017£74,529 £1,299 23
2016£80,247 £1,385 46
2015£71,684 £1,079 37
2014£76,860 £1,143 30
2013£86,506 £1,575 27
2012£83,474 £1,356 23
2011£85,960 £1,482 19
2010£82,372 £1,366 20
2009£92,694 £1,391 22
2008£103,952 £1,889 45
2007£93,469 £1,551 105
2006£80,289 £1,288 93
2005£74,370 £1,228 93
2004£66,820 £1,053 67
2003£31,772 £513 37
2002£20,708 £327 37
2001£17,075 £265 33
2000£14,922 £237 29
1999£15,550 £220 20
1998£16,848 £283 27
1997£20,250 £320 14
1996£17,780 £247 33
1995£19,094 £284 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£141,786 £1,940 7
2023£122,716 £1,544 10
2022£143,191 £2,020 24
2021£140,634 £1,815 20
2020£124,487 £1,627 15
2019£124,978 £1,890 13
2018£119,425 £1,588 14
2017£120,700 £1,498 10
2016£122,277 £1,732 11
2015£140,170 £1,695 28
2014£131,498 £1,776 20
2013£127,132 £1,585 14
2012£116,937 £1,716 15
2011£89,650 £1,222 10
2010£112,306 £1,916 8
2009£129,181 £2,127 13
2008£146,382 £2,472 17
2007£122,390 £1,521 12
2006£117,807 £1,534 14
2005£100,597 £1,445 16
2004£111,418 £1,058 14
2003£72,054 £865 14
2002£46,045 £615 20
2001£43,630 £742 15
2000£33,700 £571 12
1999£41,591 £518 11
1998£39,262 £595 12
1997£37,616 £595 8
1996£29,901 £443 10
1995£34,500 £443 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£39,8333
2023£4,0001
2022£60,542 £887 6
2021£36,260 £583 3
2020£320,708 £1,365 6
2019£37,500 £480 2
2018£79,000 £1,113 4
2017£1,340,400 £2,118 5
2016£247,983 £1,682 3
2015£3,284,9992

House Type in NE8 3PZ area

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

Total99
Flat50
Terraced31
Shared house9
Semi-detached6
Detached2
commercial building1
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 (27), and Owned: Owns outright (26).

Social rented: Rents from council or Local Authority27
Owned: Owns outright26
Private rented: Private landlord or letting agency24
Owned: Owns with a mortgage or loan15
Social rented: Other social rented3
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

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

1 person in household44
2 people in household40
3 people in household7
5 people in household6
4 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0