Housing Market Analysis for NE8 3RS

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE8 3RS Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £125,310 median price is £115,000 Standard Deviation is £65,537 with Total Sold: 79
      • 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)
    • Terraced
      • The average price is around £97,109 median price is £88,250 Standard Deviation is £57,427 with Total Sold: 1,504
      • The Last 5 Year average price is £136,297 with Total Sold: 277
      • The most recent sale happened at this postcode is , 29 DENMARK STREET: £121,500 (Sold on 19 Sep 2024)
      • The first recorded sale happened at this postcode is , 57 DURHAM ROAD: £45,000 (Sold on 12 Jan 1995)
    • Semi-Detached
      • The average price is around £99,460 median price is £95,000 Standard Deviation is £60,994 with Total Sold: 313
      • The Last 5 Year average price is £149,418 with Total Sold: 59
      • 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)
    • Other
      • The average price is around £229,293 median price is £91,500 Standard Deviation is £566,720 with Total Sold: 98
      • The Last 5 Year average price is £170,711 with Total Sold: 65
      • 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 , 15 BEWICK ROAD: £1,250,000 (Sold on 06 Jun 2014)
    • Flat
      • The average price is around £59,437 median price is £55,000 Standard Deviation is £36,182 with Total Sold: 1,898
      • The Last 5 Year average price is £91,233 with Total Sold: 310
      • The most recent sale happened at this postcode is , 66 HOWE STREET: £49,000 (Sold on 10 May 2024)
      • The first recorded sale happened at this postcode is , 40 : £14,000 (Sold on 03 Jan 1995)

    Sold Price Trend Over the Years:

    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£153,250 £1,434 2
    2005£161,625 £1,868 4
    2004£133,600 £1,238 5
    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: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£127,922 £1,009 28
    2023£155,950 £1,519 38
    2022£145,092 £1,641 48
    2021£138,418 £1,354 61
    2020£129,222 £1,190 53
    2019£122,235 £1,288 49
    2018£119,874 £1,197 35
    2017£140,699 £1,216 49
    2016£127,740 £1,207 42
    2015£143,176 £1,286 36
    2014£135,753 £1,185 37
    2013£109,515 £1,101 37
    2012£119,831 £1,244 37
    2011£107,924 £1,134 38
    2010£93,234 £1,031 34
    2009£116,559 £1,035 33
    2008£128,420 £1,172 38
    2007£126,565 £1,424 95
    2006£114,337 £1,233 75
    2005£101,555 £1,110 70
    2004£91,648 £927 76
    2003£69,965 £695 101
    2002£45,847 £513 78
    2001£48,268 £491 55
    2000£38,372 £387 50
    1999£36,462 £364 53
    1998£32,252 £319 51
    1997£32,376 £277 36
    1996£35,400 £309 40
    1995£36,591 £396 31
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£158,800 £1,940 5
    2023£149,400 £1,662 5
    2022£146,503 £2,105 18
    2021£170,808 £1,834 13
    2020£127,127 £1,627 11
    2019£145,531 £1,582 7
    2018£139,094 £1,213 8
    2017£114,875 £1,832 4
    2016£147,890 £1,541 5
    2015£127,238 £1,681 4
    2014£123,136 £2,070 7
    2013£121,190 £1,319 5
    2012£113,167 £1,630 6
    2011£143,438 £1,842 8
    2010£122,500 £2,075 4
    2009£115,250 £1,182 4
    2008£150,000 £680 2
    2007£145,547 £1,416 22
    2006£118,685 £1,630 13
    2005£103,981 £1,358 21
    2004£118,588 £1,044 17
    2003£78,227 £794 15
    2002£53,619 £740 21
    2001£40,104 £662 14
    2000£44,106 £722 9
    1999£44,747 £501 18
    1998£43,797 £646 15
    1997£42,632 £544 15
    1996£34,350 £436 9
    1995£42,000 £544 8
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£102,487 £1,416 8
    2023£140,071 £1,116 7
    2022£139,750 £1,741 10
    2021£268,829 £1,035 12
    2020£208,855 £1,185 10
    2019£143,547 £987 18
    2018£501,188 £16,346 13
    2017£173,000 £1,494 13
    2016£150,0001
    2015£250,000 £1,053 4
    2014£730,0002
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£102,467 £1,471 15
    2023£112,156 £2,373 132
    2022£76,916 £1,126 47
    2021£76,710 £1,144 41
    2020£65,386 £1,001 36
    2019£72,474 £1,059 39
    2018£51,125 £1,065 125
    2017£74,914 £1,115 37
    2016£69,011 £1,090 44
    2015£76,069 £1,128 50
    2014£71,594 £1,147 53
    2013£71,590 £1,095 25
    2012£67,404 £1,011 26
    2011£76,818 £1,146 19
    2010£59,203 £870 19
    2009£67,250 £979 16
    2008£81,496 £1,272 53
    2007£82,558 £1,209 131
    2006£76,979 £1,208 147
    2005£65,540 £934 132
    2004£59,460 £920 127
    2003£39,561 £604 113
    2002£24,900 £380 73
    2001£21,120 £302 59
    2000£21,944 £308 73
    1999£23,755 £343 69
    1998£20,493 £311 59
    1997£21,839 £298 45
    1996£18,605 £262 50
    1995£22,798 £367 43

    House Type in NE8 3RS area

    The most common house types in the NE8 3RS postcode area are Flat (66), Terraced (30), and Semi-detached (10).

    Total114
    Flat66
    Terraced30
    Semi-detached10
    Detached4
    Shared house3
    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 (63), and Private rented: Private landlord or letting agency (22).

    Social rented: Rents from council or Local Authority63
    Private rented: Private landlord or letting agency22
    Owned: Owns with a mortgage or loan10
    Owned: Owns outright8
    Social rented: Other social rented7
    Does not apply0
    Shared ownership: Shared ownership0
    Private rented: Other private rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE8 3RS have 1 person in household (70), and 2 people in household (26).

    1 person in household70
    2 people in household26
    4 people in household9
    3 people in household7
    7 people in household1
    0 people in household0
    5 people in household0
    6 people in household0
    8 or more people in household0