Housing Market Analysis for NE8 3RF

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 3RF Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £59,424 median price is £59,000 Standard Deviation is £33,899 with Total Sold: 1,851
      • The Last 5 Year average price is £77,733 with Total Sold: 260
      • The most recent sale happened at this postcode is 12, DRYDEN COURT DRYDEN ROAD: £104,500 (Sold on 23 Sep 2024)
      • The first recorded sale happened at this postcode is , 40 : £14,000 (Sold on 03 Jan 1995)
    • Detached
      • The average price is around £125,900 median price is £118,375 Standard Deviation is £65,308 with Total Sold: 80
      • The Last 5 Year average price is £206,818 with Total Sold: 11
      • 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)
    • Semi-Detached
      • The average price is around £94,818 median price is £92,000 Standard Deviation is £52,924 with Total Sold: 349
      • The Last 5 Year average price is £144,376 with Total Sold: 69
      • The most recent sale happened at this postcode is , 154 PRINCE CONSORT ROAD: £285,000 (Sold on 30 Aug 2024)
      • The first recorded sale happened at this postcode is , 80 DURHAM ROAD: £41,000 (Sold on 04 May 1995)
    • Terraced
      • The average price is around £95,916 median price is £87,000 Standard Deviation is £56,721 with Total Sold: 1,359
      • The Last 5 Year average price is £132,707 with Total Sold: 252
      • 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 , 57 DURHAM ROAD: £45,000 (Sold on 12 Jan 1995)
    • Other
      • The average price is around £142,257 median price is £83,250 Standard Deviation is £211,367 with Total Sold: 90
      • The Last 5 Year average price is £155,136 with Total Sold: 63
      • The most recent sale happened at this postcode is , 91 RABY STREET: £95,000 (Sold on 20 Jun 2024)
      • The first recorded sale happened at this postcode is , 7 GLADSTONE TERRACE: £250,000 (Sold on 01 Sep 2015)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£86,923 £1,543 13
    2023£83,222 £1,273 66
    2022£79,256 £1,166 51
    2021£77,060 £1,192 51
    2020£67,289 £1,055 36
    2019£74,266 £1,105 43
    2018£73,513 £1,136 42
    2017£78,072 £1,185 42
    2016£71,785 £1,176 49
    2015£77,681 £1,182 50
    2014£74,958 £1,217 51
    2013£75,927 £1,242 31
    2012£69,635 £1,033 26
    2011£70,121 £1,157 21
    2010£69,273 £1,084 22
    2009£72,500 £1,065 20
    2008£81,769 £1,294 55
    2007£84,238 £1,257 131
    2006£79,448 £1,235 148
    2005£68,348 £969 143
    2004£62,625 £985 120
    2003£42,063 £656 106
    2002£26,649 £388 74
    2001£26,873 £436 64
    2000£25,890 £385 82
    1999£28,681 £448 85
    1998£35,578 £566 86
    1997£23,801 £320 51
    1996£20,306 £273 51
    1995£23,946 £387 41
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£225,0001
    2023£145,000 £1,726 1
    2022£187,500 £1,854 4
    2021£230,000 £3,650 2
    2020£230,000 £1,966 1
    2019£232,500 £1,479 2
    2017£211,475 £1,499 2
    2016£157,667 £1,354 3
    2015£134,000 £1,063 1
    2014£183,500 £1,532 2
    2012£173,000 £1,531 1
    2010£124,950 £1,666 1
    2008£189,500 £1,577 2
    2007£170,562 £1,713 8
    2006£157,167 £1,434 3
    2005£159,800 £1,868 5
    2004£130,750 £1,238 4
    2003£65,333 £1,626 3
    2002£87,600 £868 5
    2001£72,022 £937 9
    2000£65,135 £708 5
    1999£61,083 £635 3
    1998£69,333 £417 3
    1997£61,0004
    1996£64,0003
    1995£65,0002
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£156,000 £1,940 5
    2023£132,451 £1,562 7
    2022£141,579 £2,036 21
    2021£171,567 £1,875 15
    2020£121,877 £1,531 13
    2019£140,465 £1,477 8
    2018£122,094 £1,225 8
    2017£141,500 £1,849 8
    2016£97,600 £1,302 5
    2015£113,790 £1,502 5
    2014£118,211 £1,875 9
    2013£119,075 £1,311 6
    2012£113,167 £1,630 6
    2011£103,431 £1,326 8
    2010£114,000 £2,648 3
    2009£98,143 £1,130 7
    2008£132,000 £680 1
    2007£135,203 £1,523 22
    2006£118,685 £1,630 13
    2005£104,525 £1,315 24
    2004£106,898 £1,030 20
    2003£78,227 £794 15
    2002£53,391 £721 23
    2001£36,894 £563 17
    2000£42,994 £828 8
    1999£44,182 £489 19
    1998£41,155 £582 19
    1997£43,891 £561 14
    1996£34,695 £464 11
    1995£40,444 £475 9
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£127,109 £1,009 23
    2023£156,489 £1,607 36
    2022£142,038 £1,690 45
    2021£132,819 £1,386 58
    2020£124,060 £1,220 46
    2019£115,527 £1,301 44
    2018£116,797 £1,186 29
    2017£126,902 £1,180 42
    2016£128,575 £1,308 36
    2015£141,052 £1,315 26
    2014£139,497 £1,199 31
    2013£109,112 £1,097 36
    2012£122,211 £1,274 32
    2011£106,961 £1,169 34
    2010£96,671 £1,098 32
    2009£119,891 £1,043 28
    2008£130,127 £1,241 33
    2007£125,446 £1,451 99
    2006£114,199 £1,245 69
    2005£98,494 £1,150 69
    2004£89,983 £922 63
    2003£68,970 £722 97
    2002£44,959 £527 77
    2001£49,685 £517 49
    2000£40,063 £422 43
    1999£36,473 £399 44
    1998£31,381 £329 44
    1997£33,560 £323 35
    1996£35,043 £329 30
    1995£36,720 £424 29
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£120,817 £1,416 6
    2023£138,562 £1,116 8
    2022£127,292 £1,595 12
    2021£180,541 £1,014 11
    2020£222,855 £1,225 10
    2019£137,384 £924 16
    2018£75,038 £1,084 12
    2017£102,653 £1,494 11
    2015£250,000 £1,053 4

    House Type in NE8 3RF area

    The most common house types in the NE8 3RF postcode area are Terraced (59), Semi-detached (37), and Flat (31).

    Total134
    Terraced59
    Semi-detached37
    Flat31
    Detached7
    Shared house0
    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 (45), and Owned: Owns outright (31).

    Social rented: Rents from council or Local Authority45
    Owned: Owns outright31
    Owned: Owns with a mortgage or loan30
    Private rented: Private landlord or letting agency22
    Social rented: Other social rented2
    Private rented: Other private rented1
    Lives rent free1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the NE8 3RF have 1 person in household (45), and 2 people in household (40).

    1 person in household45
    2 people in household40
    3 people in household27
    4 people in household14
    5 people in household8
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0