Housing Market Analysis for NE8 3RG

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 3RG Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £92,061 median price is £95,000 Standard Deviation is £28,535 with Total Sold: 1,172
      • The Last 5 Year average price is £102,423 with Total Sold: 259
      • 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 CHAUCER CLOSE: £34,000 (Sold on 30 Jun 1995)
    • Semi-Detached
      • The average price is around £118,229 median price is £129,950 Standard Deviation is £45,776 with Total Sold: 247
      • The Last 5 Year average price is £146,647 with Total Sold: 32
      • 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)
    • Terraced
      • The average price is around £147,311 median price is £159,950 Standard Deviation is £40,113 with Total Sold: 322
      • The Last 5 Year average price is £159,515 with Total Sold: 56
      • The most recent sale happened at this postcode is , 61 SANDERSON VILLAS: £205,000 (Sold on 14 Jun 2024)
      • The first recorded sale happened at this postcode is , 6 BYRON WALK: £25,000 (Sold on 21 Jul 1995)
    • Other
      • The average price is around £451,353 median price is £205,000 Standard Deviation is £937,946 with Total Sold: 29
      • The Last 5 Year average price is £334,952 with Total Sold: 16
      • 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 , A M K SALTMEADOWS ROAD: £205,000 (Sold on 22 Jan 2016)
    • Detached
      • The average price is around £158,467 median price is £163,725 Standard Deviation is £70,648 with Total Sold: 98
      • The Last 5 Year average price is £234,917 with Total Sold: 9
      • The most recent sale happened at this postcode is , 69 FOSTER DRIVE: £280,000 (Sold on 17 Feb 2023)
      • The first recorded sale happened at this postcode is , ALBANY HOUSE ALBANY ROAD: £87,000 (Sold on 28 Jun 1996)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£93,619 £1,272 16
    2023£123,294 £2,775 104
    2022£91,294 £1,611 48
    2021£89,471 £1,605 34
    2020£82,800 £1,474 28
    2019£84,984 £1,464 29
    2018£56,818 £1,206 125
    2017£86,345 £1,523 25
    2016£93,447 £1,706 41
    2015£89,948 £1,563 21
    2014£85,172 £1,544 25
    2013£92,140 £1,648 29
    2012£87,220 £1,572 20
    2011£89,371 £1,578 21
    2010£88,098 £1,576 23
    2009£100,724 £1,779 18
    2008£117,695 £2,250 40
    2007£116,036 £2,018 76
    2006£107,263 £1,883 71
    2005£109,173 £1,952 67
    2004£108,597 £1,946 100
    2003£93,325 £1,643 77
    2002£77,411 £1,413 71
    2001£34,575 £642 6
    2000£31,822 £495 16
    1999£35,249 £571 8
    1998£37,530 £660 10
    1997£31,318 £610 14
    1996£34,800 £580 5
    1995£35,125 £627 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£146,0002
    2023£185,000 £1,841 3
    2022£143,889 £2,243 9
    2021£146,000 £2,204 8
    2020£132,550 £1,916 6
    2019£146,850 £2,190 4
    2018£136,000 £1,906 8
    2017£145,483 £2,291 6
    2016£144,150 £1,303 3
    2015£159,300 £1,850 5
    2014£127,238 £1,732 4
    2013£154,333 £1,426 3
    2012£130,717 £1,956 6
    2011£123,214 £1,674 14
    2010£140,931 £1,809 8
    2009£137,167 £1,833 3
    2008£156,142 £1,668 6
    2007£164,164 £2,258 11
    2006£150,220 £1,834 15
    2005£133,378 £1,897 9
    2004£137,738 £1,717 25
    2003£126,587 £1,464 23
    2002£81,821 £1,130 14
    2001£62,589 £910 9
    2000£53,467 £781 9
    1999£47,440 £655 10
    1998£47,692 £734 6
    1997£50,000 £755 9
    1996£33,490 £710 5
    1995£45,112 £598 4
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£140,500 £1,134 2
    2023£162,731 £1,616 13
    2022£170,445 £1,626 9
    2021£147,848 £1,601 13
    2020£165,038 £1,662 8
    2019£160,000 £1,521 11
    2018£149,889 £1,709 9
    2017£145,100 £1,311 10
    2016£162,682 £1,481 11
    2015£158,268 £1,499 11
    2014£150,224 £1,487 10
    2013£141,671 £1,358 14
    2012£154,950 £1,810 11
    2011£155,817 £1,585 9
    2010£137,523 £1,381 11
    2009£136,222 £1,689 9
    2008£163,942 £1,833 9
    2007£169,521 £1,616 12
    2006£161,142 £1,509 18
    2005£158,397 £1,580 35
    2004£163,629 £1,472 33
    2003£126,748 £1,274 24
    2002£96,561 £985 23
    2001£48,975 £646 2
    2000£31,975 £389 2
    1998£11,000 £159 1
    1997£25,000 £316 1
    1995£25,000 £294 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£371,250 £1,864 2
    2022£103,000 £1,785 2
    2021£311,667 £1,873 3
    2020£546,6673
    2019£305,956 £1,551 6
    2018£1,013,000 £31,547 6
    2017£260,765 £1,579 4
    2016£202,983 £2,056 3
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£280,000 £2,947 1
    2022£225,000 £2,362 3
    2021£215,125 £3,850 2
    2020£248,000 £1,984 1
    2019£240,500 £1,991 2
    2018£270,000 £2,966 2
    2017£244,150 £1,558 3
    2016£190,000 £2,184 6
    2015£202,000 £2,104 1
    2014£242,000 £1,476 1
    2013£197,000 £1,736 2
    2012£230,000 £1,403 1
    2011£201,000 £1,692 2
    2010£213,650 £1,919 3
    2008£184,9501
    2007£177,256 £2,233 7
    2006£198,558 £2,078 6
    2005£180,000 £2,080 2
    2004£155,088 £2,116 8
    2003£167,916 £1,385 16
    2002£104,594 £1,187 8
    2001£77,5001
    2000£62,9502
    1999£56,750 £1,143 2
    1998£52,833 £1,100 6
    1997£50,700 £982 5
    1996£65,8754

    House Type in NE8 3RG area

    The most common house types in the NE8 3RG postcode area are Flat (145), Semi-detached (2), and Detached (1).

    Total149
    Flat145
    Semi-detached2
    Detached1
    Terraced1
    Shared house0
    converted building0
    commercial 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 (78), and Social rented: Rents from council or Local Authority (29).

    Private rented: Private landlord or letting agency78
    Social rented: Rents from council or Local Authority29
    Owned: Owns with a mortgage or loan23
    Owned: Owns outright13
    Social rented: Other social rented4
    Lives rent free2
    Private rented: Other private rented1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the NE8 3RG have 1 person in household (74), and 2 people in household (65).

    1 person in household74
    2 people in household65
    3 people in household5
    4 people in household5
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0